XRPUSDTPERP
XRP - These moves aren't ripples, they're tsunamisIf you like to trade internet beans, then you already know about the SEC suing Ripple for selling unregistered securities.
If you like high volatility, then you probably trade XRPUSD. I present to you: a short setup.
The Binance indicator isn't always so easy, I believe it's because of the regulatory scrutiny that makes larger players uninterested, and those who are already long interested in exiting their position.
Target is a double bottom for a -25% move down, which is realistic for the current range. Stop is ~$0.31; if direction were to flip bullish the high volatility would make a wider stop needlessly increase loss.
A note on long term price prediction: Japanese company SBI has invested heavily in $XRP, and $XRP does not face the same issues that it does in the U.S. I don't expect this coin to die and it'd be nice to see what's to come in the future for cryptocurrency being utilized not for speculation or defense against inflation.
✳️Ripple/USDT Analysis (18/12) #XRP $XRPXRP is being rejected continuously at 0.6$ zone, the selling force has returned and created a false break. This could start an upcoming downtrend for XRP.
The heading targets are at 0.5$, 0.45$ and even below 0.35$ for the next week.
However, if XRP conquers 0.6$ zone, it will continue to move up to the 0.8$ zone
📈BUY
-Buy: 0.5-0.52$ if A.SL B
-Buy: 0.44-0.46$ if A. SL B
-Buy: 0.32-0.34$ if A. SL B
📉SELL
-Sell: 0.5-0.52$ if B. SL A
-Sell: 0.44-0.46$ if B. SL A
♻️BACK-UP
-Buy: 0.6-0.63$ if A. SL B
-Sell: 0.76-0.8$. SL A
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
✳️Ripple/USDT (28/11) #XRP $XRPXRP is in a clear downtrend and will remain falling in the coming days, the closest support is at 0.45$ but I think this zone is still too risky to buy so we need to be careful if XRP continues to fall. .
Only when XRP conquers the 0.55-0.57$ zone, will XRP rise back to the 0.7$ or even 0.8$ zone.
📈BUY- LONG
-Buy: 0.44-0.46$.SL B
-Buy: 0.32-0.34$. SL B
📉SELL-SHORT
-Sell: 0.55-0.57$. SL A
-Sell: 0.44-0.46$ if B. SL A
♻️BACK-UP
-Buy: 0.55-0.57$ if A. SL B
-Sell: 0.68-0.7$. SL A
-Buy: 0.68-0.7$ if A. SL B
-Sell: 0.78-0.8$. SL A
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
RIPPLE (XRPUSD) - Precondition:
Stopping volume.
The trend is globally rising.
The mirror level shows a big player. A large volume is thrown on defense.
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XRPUSDT - Break out trend linePrecondition:
Break out trend line
R/R - 1/3
Global trend up
Local trend up
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRPUSD: Possible Long| Alt Short (08.12.2020)On H4, XRP price fluctuates into the corrective model of the triangle. Besides, there is a convergence bull model between RSI and price.
On H1, the price is correcting downward, reaching the key support levels by Fibonacci. Also, the RSI has reached the oversold level, signalling the possible end of the correction.
We recommend buying XRP (to keep the position above $ 0.8). However, we also recommend paying attention to an alternative scenario, which implies the formation of a false trend pattern and the start of a price decline to $ 0.4.
✳️Ripple/USDT (21/11) View + Trading Plan #XRP $XRPXRP is in a very strong uptrend and will continue to rise sharply in the coming days. XRP could rise as far as 0.65$ by early 2021.
📈BUY- LONG
-Buy: 0.31-0.32$
-Buy more: 0.27-0.28$, SL if B
📉SELL-SHORT
-Sell: 0.40-0.42$, SL if A
-Sell: 0.48-0.50$, SL if A
-Sell: 0.65-0.67$, SL if A
♻️BACK-UP
-Sell close to 0.27-0.28$ if B, SL if A
-Buy: 0.19-0.20$, SL if B
-Sell close to
❓Details
Condition A : "If 3D candle closes ABOVE this zone"
Condition B : "If 3D candle closes BELOW this zone"
XRPUSDTPERP huge squeeze, price is traded in upward wedgeHi, everyone! Today we’ll take a look at XRPUSDTPERP!
As you can see from the chart, the price is being traded in a rising wedge. Now it bounced off of the line of resistance, and I expect the price to fall to the line of support with further rebound and growth. As we saw last night, we faced an unpleasant for bulls squeeze, so, friends, when it comes to Ripple, do not forget to put stops to avoid unwanted losses. Friends, this is my personal opinion, not a call to action! May the profit be with you!
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XRP/USDTPERP 4H (Binance) Ascending channel breakout & pull-backStill going on with the competition, that's our short-term set-up for Ripple:
Sell Entry= 0.1866 - 0.1888
Take Profit= 0.1787 | 0.1713 | 0.1619
Stop Loss= 0.1967
Risk/Reward= 1:1 | 1:1.82 | 1:2.87
Expected Profit= 14.37% | 26.22% | 41.25%
Possible Loss= -14.37%
Margin Leverage= 3x