Xrpusdtrading
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.
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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
Binance Futures Trade Idea: XRPUSDT 10x Long
Binance Futures Trade Idea: XRPUSDT
Based on large pennant / upside continuation pattern on 4hr chart.
Possible hidden bullish divergence on RSI.
MACD starting to curve upwards.
Declining volume in pennant indicates explosive move with incoming volume.
Long XRP @ 0.6 (average buy-in), 10x Leverage
SL @ 0.58, below ascending trendline.
TP1 @ 0.7839, local high
TP2 @ 0.9650, measured pennant height
TP3 @ 1.00, psychological value ... or let it ride
XRP/USDT (RIPPLE) Resistance line BreakoutRipple Technical Analysis Update
XRPUSDT Currently trading at 0.270'
Entry-level: Above 0.270 ( only enter after the 1-day candle close Above the resistance line)
Resistance level 1: 0.327
Resistance level 2: 0.375
Risk Reward Ratio : (1 : 4.3)
Support level or stop loss: 0.242
ALWAYS KEEP STOP LOSS...
XRPUSDTThe market has been on a mid-term uptrend since March and is currently experiencing a pullback to the trendline support. The price is testing the flip support + 0.618 fibonacci retracement level + trendline support. A bounce off the trendline support + Breakout above the pullback channel resistance will be a good bullish↗️ . A breakout below the trendline support will be bearish↘️
XRP/USD - 3rd accumulation3 big side moves.
You can clearly see in this screenshot.
The third sideways movement has already lasted 21 days.
And most likely, the exit is scheduled for upward.
Buying in the middle of the canal for the upper boundary.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
XRPUSDT - medium-term expectations!Good afternoon! In the medium term, XRPUUSDT is waiting for a trend resistance 0.255-0.265 - the completion of the five wave. If it breaks through, growth to 0.28 is possible. Perhaps 0.28 is the strongest level, with the passage of which it will be possible to grow to the sales zone 0.35-0.43. I do not see above growth yet. I will write a change!
All success and profit!
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RIPPLE MACD turned bearish. Weekly overview.XRPUSD is consolidating after the Jan 18 high and broke this month's channel up sideways.
Levels to watch:
- January's uptrend stopped exactly on the lower high trend line of the medium term channel down that started in August.
- That lower high was right below the MA200 on the 1D chart. The MA200 has sold the price and acted as a resistance on several occasions since July.
- So far the price has found support on the MA50 1D.
- The Support is set at 0.1700 and the Resistance at 0.33000.
- The MACD turned bearish.
Projection:
- Since the uptrend stopped on the lower high of the August channel down (which is the dominant trend) and the 1D MA200 held, there is no reason at the moment to believe that the same pattern will not be repeated and go for a new lower low, especially with the MACD turning bearish. Technically if the MA50 breaks we should expect a run towards the 0.1700 Support. If however we have a 1D candle close above the MA200 (hasn't happened since early July, we only had wicks), then buyers may push is as high as the 0.3300 Resistance.
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