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Xrpusdsell

XRP could continue to FALL sharply!Hey tradomaniacs, after a breakout of the trendchannel and a re-test of the support-zone we have seen volatile absoprtion of strong holders which are now likely to get stopped out of the market continues to fall! The resistance is holding for now, and if bitcoin breaks below the range as I expect it is more than likely to see ALT-COINS blood aswell. Technically, with the previous rejection of the ex-demand-zone worth to give it a try! Let`s see :-) LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT! Wanna see more? Don`t forget to follow me!
BITSTAMP:XRPUSDShort
by Trading2ez
7
Wanna have 10x more ETH? Buy XRP!Here's a better chart: charts.cointrader.pro So you're bullish on ETH? Defi will lead the way for the next bull market?! You're an emotionless market participant and want to make money? Then maybe you should drop ETH and buy some XRP! As you can see in the weekly XRPETH chart, several bullish divergences we're already building and playing out nicely for XRP. Most moves we're violent and quick favouring XRP and this time won't be any different. The MACD histogram broke out of the downtrend, tested the downward sloping trendline and is now trending towards 0 with a high chance of getting over it. In worst case, we'll reject a 7th time at the top of the symetrical triangle, which is a 140% gain compared to ETH. In best case, we'll breakout of the triangle and the fomo is real! I see only a small chance for the triangle to break to the downside favouring ETH, because XRP managed to work its way up from March 2017 untill now and kind of build an ascending triangle, which can still break to the upside! Around the price of 0.00063 I would consider ETH to be the winner. In this case I would favor to have some bigger bags of ETH, but untill then, indicator wise its probably smarter to have a good chunk of XRP! What do you think of this analysis? Please comment down below! Thx! I'm not a financial advisor, this is for entertainment purposes only :)
Long
by Coin96
HUGE XRP SELL OFF?Hi fellow traders! On the 1D chart for XRP, a new descending bearish triangle has been forming since we last saw the rally of all cryptocurrencies from a few weeks ago. The market 'hype' for cryptocurrencies to suddenly just rise has begun to die down. Now, we are seeing all cryptos falling in price from its highs a week or two ago. I do this XRPUSD has the potential to fall and go to the downside, as we have seen lots of bullish price action over the past week, and the technical formation of the descending bearish triangle further supports this. Before we see a strong downside push, I think there is the potential for a retest of the diagonal resistance level, before price begins to plummet. If price drops, I think we could first fall to the blue support level from the descending triangle, around 0.31600. Then we could either bounce back up from this region or fall again to the downside, testing support levels marked out in green colour highlighted regions from the 4H charts. RSI is also fluctuating around 45.00, so we do have room to either go up or down, so tight stop losses could be a good idea! The targets for this trade are as follows: TP1: 0.31596 - 0.31600 TP2: 0.31000 - 0.31400 (Unlikely, but cannot rule out due to the volatility and vicious spikes in cryptocurrency trading) TP3: 0.30177 - 0.29823 (Unlikely, but cannot rule out due to the volatility and vicious spikes in cryptocurrency trading) If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX & Crypto market, trying to learn FX & Crypto, and I'd appreciate any help people may offer! Please drop a follow! I need reputation points!!
BITFINEX:XRPUSDShort
by TheFinancialTRDR
6
XRPUSD - RIPPLE EFFECT -- UPDATE, MY HUMBLE OPINIONXRPUSD has made moves down. as per my last analysis, we expected XRPUSD to hit the red line with a possible move back up. this move is still possible but i feel we might see it fall a bit more. With BTCUSD and ETHUSD making major falls in price, i think we will get one more price break to the downside. It is important to note that when major moves about to occur the main movers cause a lot of panic in the market. the pessimism in the market has caused a lot of people to panic sell. anyways if it breaks the red line i would be looking around xrpusd 0.34057 for next support. happy trading guys like, comment and follow
KRAKEN:XRPUSD
by SiriusTrading