XRPUSD is approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4734 (horizontal swing high resistance, descending channel resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 0.4499 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and 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.
Xrpusdshort
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.4555 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.4290 (horizontal pullback support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension).
RSI (34) 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.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiobnacci retracement) where a strong drop might occur pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiobnacci retracement) where a strong drop might occur pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.4955 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.4427 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 61.8% Fibonacci retracement.
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our first support at 0.4479 (horizontal overlap support, 61.8% Fibonacci extension, 50%, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.4955 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and 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.
Ripple (XRP) Is basically free money right now. 5225 target.The last two trades, I have perfectly called the BTC bart and have failed in calling the exact location of the Tron bounce. It did bounce however.
Please view them in the related ideas section. Also check out "btc chinese". Prediction done by Xue and I. Xue is in on many Chinese chat groups and can see what positions they are in.
Right now, it is a wise decision to open a short on XRP. It has broken crucial resistance and will now correct to its price before the bounce. If you short XRP it is so easy to make money. All you need to do is wait.
The max XRP can go is 16% from here, so make sure your liquidation price is not below 8000. Just add if it hits 8000, as that will 100% be the top unless Bitcoin starts breaking new highs.
I personally am short XRP since 7000. You can open a short position here with a stop loss at 7500. I know you are exposed to a lot of potential loss but just add if it goes up, it should not break 8000.
Thanks for viewing! I am currently collecting members for my private discord. Please message me if interested. I will not be selling any sort of paid memberships to you, don't worry.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.5277 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4489 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop!XRPUSD is approaching our first resistance at 0.5277 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4489 (horizontal overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential breakout! XRPUSD is approaching our first support at 0.3757 (horizontal overlap support, 76.4% Fibonacci retracement) and breakout might occur below this level pushing price down to our major support at 0.2718 (horizontal swing low support, 100% Fibonacci extension).
RSI (89) is also seeing a bearish exit and 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.