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Xrpusdshort

XRP stinks :/Lawsuit news has been a huge player in the massive 25% downside move today Not even 0.46 could save the day But 0.3 has so far Now this level has so far succeeded means we could move up to higher highs as hadn't been filled since we broke a good month ago now Selling pressure thanks to the lawsuit stops any strong moves up till we get some clarification - expect this in the coming days! I am of course still bullish on XRP - the links they have and payments they settle daily is immence Waiting for some bullish divergence then gonna look for entries, and hopefully ride some form of bounce!
by InvestmentsHub
XRPUSD Going to a write a piece here of what I think is to come for XRP (A lot of you wont like it because it's trash which is your opinion, but in my opinion it's probably the most utilisable crypto to be integrated into society). So as a lot of you will be aware ripple is having big issues with the SEC and lawsuits. Obviously this bad news for ripple and it's token XRP "hence the recent drop". I believe XRP will come down to the zone marked but not just because of the SEC but because I also think the crypto market will turn bearish very soon. BTC dragging all of the alts with it. I called the reversal point of XRP from the counter trendline which it did so perfectly. This is where everyone was screaming buy...$3,$5,$7 next which was never the case. Now everyone will be dumping what they bought and will have lost faith in XRP and never want to buy in again. This what the big players want. Since the current sell off the top 1% of XRP holders have increased their amounts of XRP holdings where the remaining 2-10% have sold some of their holdings. No one is interested in a chart like this when all the other cryptos are preforming well. This keeps investors away and I have said it before but will say it again no one wants to buy when its selling but everyone wants in when its booming. It doesn't make sense to me?! BUY LOW, SELL HIGH. XRP properties greatly outweighs BTC, LTC and ETH. Class this a statement and not financial advice RIPPLE with XRP will be the leaders in the crypto one day and I have no doubt that XRP will surpass $20 per token within the next few years. Isn't it a coincidence that world governments have started taxing crypto profits! the crypto bull run hasn't even started yet but those who will gain massively from it (which the players don't want) will be rewarded but the governments will have a slice of your pie because they know it's coming. This is an accumulation plan not a trading plan
BITFINEX:XRPUSD
by XHRISTIE
4
Heads up!So, I won't do this a third time but for the XRP Moon BoyZ out there we could possibly have a fourth Dolphin ; however in my experience Dolphins often don't stay in the air forever! Keep your raincoat near by I think your in the SPLASH ZONE ! LOL Well at the moment glad I went short at .65 IDK really after all this.. What are your thoughts? What is XRP good for??? -No advice just thoughts that I can't shake after the last 5 years in the world of "CRYPTO" ""KEEP CALM AND MANAGE THY RISK!""
COINBASE:XRPUSDShort
by BradySWilliams
5
[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