DISCLAIMER: This is not trade advice, this is for educational and entertainment purposes only. Trading involves real risk. Do your own due diligence.
Utilizing my 12 Month - 2 Week - 12 Hour Mult-Timeframe approach, I have identified XRP as a market that I would consider shorting IF price action satisfies my rules for entry.
The 2023 candle traded up into the...
BINANCE:XRPUSDT
It seems like we in the drop I predicted a few days ago (find here👇):
I really just watched the rotation between Bitcoin, Alts and Bitcoin dominance which gave me a good idea of where we are in the cycle compared to the previous years. See also👇:
Naturally, alts will fall harder than BTC and there will be a few shorting opportunities across...
In this video, we dive into the current XRP price action and outline our strategy for the upcoming weeks.
We'll start by identifying the weekly high as our initial target, where we expect XRP to face resistance. Following this, we anticipate a dip into the imbalance zone, offering a potential entry point. From there, we’ll discuss our long position strategy,...
On the H1 chart the trend started on Aug. 20 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5730
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
1. Key Zones (Support and Resistance)
- Resistance Zone: At the top of the chart, a zone around 0.6088 is marked as a strong resistance level. This level shows where the market previously attempted to break through but failed.
- Middle Zone: This area around 0.5796 acts as a key support and resistance level. It can be a critical zone for market decisions.
...
On the H1 chart the trend started on Aug. 08 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5496
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
It's not a secret that i hold a discrete bag of XRP. And i am holding it at least till a new all time high (this year?). Now, i want to show you what the red line. I added a volume profile for the whole chart of XRP, since the beginning. As you can see, the red line is where the price was traded the most (to simplify) and has generated the highest volume. Price is...
XRP's price has been falling continuously below the $0.480 level, similar to what happened with Bitcoin and Ethereum, dropping below $0.4650 down to $0.4620. The price formed a low at $0.4619 before it recently began to recover.
The price saw a noticeable upward movement above the $0.4700 and $0.4720 resistance levels, even surpassing the halfway mark of the...
Amid the recent developments in the cryptocurrency market, hopes are rising for a bright future for the XRP. With prices increasing and growing interest in cryptocurrencies, it is important to consider the factors that could lead to a rise in XRP’s value and how investors can take advantage of this opportunity.
Since reaching its peak of $3.40 in 2017, XRP has...
Current data indicates that the XRP price is struggling to start a steady rise above the $0.50 level. The price needs to settle above $0.50 and $0.510 to gain upward momentum in the near term. The XRP price has started a slight upward move from the $0.4765 area. It is now trading above $0.4850 and the 100-hour Simple Moving Average. There is a short-term rising...
Ripple's (XRP) price has seen a significant decline after failing to maintain the critical support level at $0.4840. This drop led the currency to fall to the $0.4750 level, raising concerns among traders about the possibility of further losses in the near future.
XRP has faced strong selling pressure, causing it to trade below the $0.4880 level and the 100-hour...
This week is very important for the Ripple legal case, and some millions are moving from Ripple. Can this be a sign of an agreement with the SEC? Last year, a positive new has pumped the price of XRP to $0.9. This time, also considering the actual Bitcoin price, i think that an end at the case can teleport the XRP price to a new ATH. Personally, i am increasing my...
This is an old movie, every crypto is pumping but Ripple coin is still at the same price of years ago. I can honestly say that it's pretty frustrating (XRP is a part of my bags, but hopefully a little part) and i think it's worse for who has a big bag of XRP. It's a clear manipulation, some big players are keeping the price low for a reason. Probably we will see a...
H4 - Bearish trend pattern followed by a pullback
No opposite signs
Until the two strong resistance zones hold my short term view remains bearish here.
Ripple is a valuable cryptocurrency that its managers are eager to grow, attracting many investors and whales. I am very hopeful for its future, but in the fifteen-minute and thirty-minute time frames, two descending gaps will definitely be touched with the start of the price decline. Traders using leverage can profit from these two profit tickets. The first will...
As always, Ripple coin is moving like a stable coin, but i am pretty sure this is happening for a reason, and i expect some moves as soon as the legal case will come to an end (could happen if few weeks). Looking at the chart, we can see that the price is gearing up the next moves, and XRP has break above the H4 trendline and it's going to claim $0.64 first and $0.74 next
📉Hi Traders, Investors and Speculators of Charts📈
XRP has once again disappointed by being one of very few coins that did not rally during the recent BTC surge, which ultimately led to a new ATH. You would expect more from one of the altcoins-Titans, but unfortunately the fundamentals for XRP are looking terrible (at best).
The price has lost a long-standing...
