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Xrpusdshort

[XRP] X Ripple - What Now?Have you been trading XRP Recently? I wanted to share this trading opportunity with you asap, As this is the best point to enter the trade, "This is a stupid simple analysis of XRP" So what will happen to XRP now? If you observer XRP carefully, you will notice that we've been stuck in this range, where market rejected price of XRP to go above & below those two lines in a symmetric triangle (In the chart above). ...but what does that actually mean? this means there has been competition between bulls & bears, that trapped the price in this range. You might be thinking, so the question is who will actually win? for now, if you observe the market carefully, you'll see bears were able to break the support line. So What next? I'm expecting we see a breakout below the support line, and we trace back up towards the same support line (as shown in the chart), after which we get an amazing opportunity to place a short position. Where we can target for at least 5-10% (keep trailing till we see 2-3 green candles). here the risk is extremely low as the market would be in our favor :) . So what are your thoughts on Ripple? Are you "Long" or "Short" Comment below & Let's keep crushing markets!
Short
by daytraderstrategy
9
XRP Bullish PennantUpdate: We fell out the bear flag, successful short, however that leg is finished for now having a solid bounce from 0.53ish The next move is around this pennant We either break upwards which could send us to re-test the most recent high of 0.80, or we fall out the bottom and create a huge descending triangle with the major level 0.46 as the bottom line From that we could move either way also, but most likely up due to the current fundamental strength! If we loose the pennant I may look to close some positions and anticipate we drop to around 0.46 where I would re-enter! #bullorbear
by InvestmentsHub
XRP will make the decision on next major move soon!For the bullish perspective, it has broken 1 of thje 2 trend lines down form 0.8 However if you include the wick up from the most recent high, it hasn't broke out If this was to break, should be an impulsive move upwards, remember to reduce risk trade most capital on a restest From the bearish side, it is just being supported by the bottom line of a huge bear flag If this breaks successfully, we could see impulsive downside to around 0.4 However there is very strong horizontal regions, particularly 0.56-0.58 which forms the bottom of this range I haven't caught any divergences yet, but if one forms soon could assist the momentum for the next move!
by InvestmentsHub
RIPPLE Short term minor fall back was expected towards 0.50000XRPUSD ********* ⏳30 Mins chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ 0.80000 Acted as strong resistance-Key psychological level 2️⃣ Rising wedge pattern 3️⃣ positive risk sentiment, Vaccine news 4️⃣ 0.60000 Dynamic support and resistance 5️⃣ Strong demand for crypto's (Bircoin,Ripple,Tether,Etherium etc.,) 6️⃣ 50% Fibonacci around 0.62500 7️⃣ Technical support - short term bearish 8️⃣ 0.50000 will acted as key reversal-Bullish 9️⃣ Previous week low-Immediate resistance-Alternative bullish entry 🔟 Break and retest of the Rising wedge structure happened #️⃣ Overall trend- bullish —————-❇️——————- 📉 Technical bias-H4-Bearish Price is below 50,100,200 Exponential moving average 50,200 Exponential moving average will act as support-Bear Ichimoku cloud -cloud is still red-Middle line supports bearish trend Bollinger band- Price reached around the lower band-Short term bullish correction towards middle band Relative strength index - Felled below 50 - Bearish trend MACD -Turned red and felled below the signal line, Oscillators pointing downward Stochastic - Reached around 20- oversold condition will give a short term pull back expected —————-✳️——————- Key reversal area's 0.80000 psychological level 0.61675 Point of control area Volume analysis 0.79000 Nov month high 0.62480 50% Fibonacci retracement level 0.55450 Minor resistance level 0.60530 Possible entry- Bear 0.50000 Trendline resistance/Alternative bullish entry —————-✳️——————- Bearish entry #ripple #xrpusd Entry price - 0.62540 Take profit 01 - 0.55450 Take profit 02 - 0.50200 🚫 Stop lose 0.63900 ⬇️ 17.12% Drop expected ⤴️ Account growth 5.7: 17.1 ✅ Risk reward ratio 1 : 3 —————-⚜️——————- Push the like button , And cheer up if you found useful
BITSTAMP:XRPUSDShort
by forexorbit
XRP 9/17/2018-9/21/2018 vs 11/19/2020-11/23/2020 Pump and Dump Not going to poop on anyone's parade but last time on 9/17/2018 XRP ran up from ~.26 to .78 in 4 days or whatever and everyone almost pooped their pants that bull market is back....well looks like same shit now different year. 11/19/2020 from about .26 to .78 in 4 days again. Same shit different timeframe but everyone including me with your grandma on my lap is looking for the moon. All you mooners hoping for $1.00 - dump this shit coin now. Or hold. My ANALitical skills telling me we have a 50% chance of going up or 50% of going down. on the other hand, we can all kneel down and pray for the return of 2017 like bull run. If it happens - great. But better be greedy and take your profits vs sit HODL like a chicken on an egg. Eventually you will either grow a hernia on your ass or it will moon. Even the so called "legendary" Peter Brandt said XRP is done at .16 when this bitch ran up to .78 against his ANALisys. So STOP reading these nonsense posts and voodoo charts. No one knows shit.
BITFINEX:XRPUSDLong
by bossmodetrader
10