Xrpusdsignal
XRP USD : Buying opportunity Once BTC bottoms out!Hello guys,
Another daily update, this time on one of the top cap altcoins XRP.
It doesnt matter how strong the support is laid for any altcoin, as long as BTC is falling all supports for
altcoins are negated.
Best buy zone is pointed out in chart, which I thing must correspond to BTC bottom.
Also checkout my previous ideas:
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#XRPUSD #ripple The ideal time to buy...A short look at the graph above can be understood that this is the ideal time to enter the Buy position on the Ripple for those who have not yet bought for two reasons:
1. The most serious support we have had so far
2.Stochastic in the buying range
Target: 0.36
Negative trend, again? #XRPUSD #RippleIt is important that the daily candle finishes above the moving average 200 (the yellow line in the graph above)
The interesting and negative thing about this case is that the Ripple did not rise as Bitcoin rose but on the other hand it is falling because Bitcoin is falling.
The Ripple dropped below the Ichimoku cloud which is a bearish sign.
Target: 0.29
XRPUSD approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.32787 where it could potentially react off and up to 1st resistance at 0.37053.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XRPUSD Long OpportunityHi guys its Brian here.
XRPUSD is currently sitting right at the support of the 200 EMA which has proved to be a solid support where price has previously bounced off it couple of times.
If XRPUSD bounces off the support, it is likely to continue upward within the yellow range zone. If 200 EMA support doesn't hold then the long is invalidated and stop loss should be placed slightly below the support. The downward momentum currently is pretty strong so don't try to catch a falling knife. May want to enter after price bounces off the support to be safe.
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XRPUSD approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.37010 where it could potentially react off and up to 1st resistance at 0.44182.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Ripple approaching support, potential for a bounce!Ripple is expected to drop to 1st support at 0.37010 where it could potentially react off and up to 1st resistance at 0.44182.
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 for a bounce!XRPUSD is expected to drop to 1st support at 0.37010 where it could potentially react off and up to 1st resistance at 0.43924.
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 for a bounce!XRPUSD is approaching its 1st support at 0.44698 where it could potentially bounce to its resistance at 1st resistance at 0.50978.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.