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Xrpusdshort

XRPUSD - Is XRP going to fall after this consolidation?Trendline is holding XRPUSD for so long on the top of the support side, but question is how long will it hold? Forever? I don't think so. XRPUSD is very calming and consolidating for pretty long time. Maybe it could be taken as a calm before a storm. Longterm I'm big fan(and investor/HODLER) of XRP, but from a trader's point of view, i think we might go even lower this year. As soon as it breaks trendline, and retest, we could go to 0.28600 easily (First TP). Be Patient guys and lets wait for some confirmation before entering short, i will update as soon as its gonna move. Let's give me your feedback guys, what you think of XRP right now?
BITFINEX:XRPUSDShort
by ForexThief
6
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.3038 (horizontal swing low support, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 0.3514 (horizontal swing high resistance). Stochastic (89,5,3) is also approaching support where we might see a corresponding rise in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDLong
by easyMarkets
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.3038 (horizontal swing low support, 78.6% Fibonacci extension, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3259 (50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDLong
by easyMarkets
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.3038 (horizontal swing low support, 78.6% Fibonacci extension, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3259 (50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDLong
by easyMarkets
2
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.3032 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 0.3247 (50% retracement, horizontal pullback resistance). Stochastic (21,5,3) is also approaching support where we might see a corresponding rise in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDLong
by easyMarkets
XRPUSD approaching support, potential bounce! XRPUSD is approaching our first support at 0.3229 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3388 (horizontal swing high resistance, 50% fiboancci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDLong
by easyMarkets
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.3454 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 0.3051 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDLong
by easyMarkets
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.3454 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 0.3051 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDShort
by easyMarkets
1
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.3454 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 0.3051 (horizontal swing low support, 78.6% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDShort
by easyMarkets
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.3454 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.3852 (horizontal pullback resistance, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDShort
by easyMarkets
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.3439 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down our major support at 0.2872 (horizontal swing low support). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITFINEX:XRPUSDShort
by easyMarkets