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.
Xrpusdshort
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.
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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.
Ripple will move down to $0.43There are big probability that the price will hit 0,43, because XRP move down and Volume decreasing, it's a signal that big players don't want to hold the price.
For them will be profitable to open a Long at lower price, like $0.43
Also, near $0,43 will be low predictable risk and potential move to $0,62 or $0,79.
+ take a look how many times the price bounced from $0.49. It shows that big players has interest in that level plus daily candle close under that level, it's a signal to open a Short.
I recommend to open a short- term sell near $0.49 with low risk and goal $0,44
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Ripple a Short ideaI think the price will continue down move because
1. Ripple broke down key level $0,47 and H1 -H4 candle close under it.
2. Trend is down
3. Volume is decreasing, no one want to hold the price.
4. Long can start only near $0,43, because under that level most of the traders hide their stop loses
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XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.4548 (horizontal pullback support, 23.6% Fibonacci retracement) and strong drop might occur below this level pushing price down to our major support at 0.3757 (horizontal pullback support, 76.4% Fibonacci retracement).
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.
XRPUSD approaching support, watch for breakout! XRPUSD is approaching our first support at 0.4548 (horizontal swing low support, 61.8% Fibonacci retracement) and a breakout might occur below this level pushing price down to our major support at 0.3757 (horizontal pullback support, 76.4% Fibonacci retracement).
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.