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Xrpusdtrading

XRPUSD: Broke above its 1W MA100 for the first time in 15 monthsXRPUSD is having an immense rally today following the latest market news that pushed the price over the 1W MA100 for the first time since April 26th 2022! The 1D technicals are bullish (RSI = 68.180, MACD = 0.000, ADX = 23.552) but should end overbought soon and the R1 (0.65615) is the final barrier before a new parabolic rally starts. We will use the R1 as a retest level, if the price crosses above it and retests it successfully as Support, we will buy and target the R2 level (TP = 0.8000). It has to be noted that today's breakout not only crossed above the 1W MA100 but also the 1 year Channel Up pattern. Any pull back near the 1D MA50 will be a great buy opportunity. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSDLong
by InvestingScope
3
XRP Analysis and Trade Idea💸 #Analysis #Trade 💸 📊 #4H-2h-15min 📝Leverage: 3x-5X In 4TF ripple retests PDL and equilibrium area as support but there is no good momentum for the next rally. So I think we must wait for this coin to confirm the next movement. the trading range is possible for while between PDL _ and PDH. There are some high potential areas to reverse the main trend. follow the order blocks confirmations. ➖➖➖➖➖➖➖➖ 📗Order Type: Buy Limit (Not Active Yet) 🟡Ep 1=0.386$ 🟡Ep 2=0.3785$ ⛔️Stop>$0.3720 ➖➖➖➖➖➖➖➖ 📕Order Type: Sell Limit 🟡Ep 1=0.4020$ 🟡Ep 2=0.4160$ ⛔️Stop> 0.4270$ ➖➖➖➖➖➖➖➖ 📊Powered by Smart Money Concept+Volume profile 🆚Risk/Reward Ratio:10 ➖➖➖➖➖➖➖➖ 👤 Analysis by Hyperion_Trader 📅 2.19.2023 📫Get Free Access to Premium «Analysis + Trading Signals»
by Trader_Needs