Xrpusdtrading
The great END for XRP !we are going to have a SHARP drop after we re-touch the 0.41 ZONE and it seems ripple is going to lose in incoming news and that de-list from coinbase wallet was not by random choice.
The demand zone tested enough times and got too weak for now.
TP1~4: 0.3~0.15
!THE BEAR MARKET HAS BEEN JUST STARTED KEEP THAT IN MIND AND UNFOLLOW DREAM BOYS!
Good luck
XRP USDT Short 👑Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the XRP chart.
At the moment price break the structure.
Then, I think XRP breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
the LAST uptrend for XRP incomingsimple as always replace others which drawing 200 indicators and do stylish designs to attract paid members to their channels..
we will have an uptrend from here or 0.29 zone
STOP LOSS : 0.26 (would not touch in my idea)
TP1: 0.37
TP2: 0.4
TP3: 0.46 ( MAX )
market will be in same situation of now in incoming months but its the last exit chance for XRP and whole crypto market.
GG
Xrp is clearly between 2usdt or 0.2By breaking 0.56 zone in weekly time frame we can retouch 2usdt zone easily
And by going into same channel and retouching 0.54 zone we can reach 0.2 and under
Technical facts:
We are highly over bought in weekly-daily time frame and rsi suggesting the SELL
We are over sold in monthly which means we can retouch 2 or more usdt in upcoming months
Fundamental facts:
*Ripple case have to close in 2023
**Xrp is the only TOP coin which could not get back its ATH in 2021
***XRP have the ISO which banks can use it easily and if fed case closes any time soon we can see VERY BIG JUMP for it
****xrpl team working on contracts
*****jed sold out all his tokens and ripple balance is under 50% of whole tokens
****** the whole market and worldwide situation is bad and the chance for shorting is much higher than longing
Forget the moon boys!Sharp drop incoming for xrp by today
We see a clear h&s pattern with all over bought factors in hourly zones.
Stop loss of 0.575 is most wanted (as i mentioned before)
Targets are : 0.43 0.41 and 0.39
Who ever long xrp because of NFT should consider what happend to eth after its upgrade..
To me today is the exit chance for crypto currency before btc reaches under 18K
*no one can predicts market*
**stop loss saves ur life**
***there are companies with worldwide top traders in big losssessssss***
****this is just an idea which may happens or not****
XRP needs more time before moonAS you see in the 3H chart there is a smart H&S pattern which is getting ready to hit xrp to 0.4 zone and under
i except XRP reaches 0.43 with in next 24hours and if not it will invalidate my idea totally !
TP1: 0.432
TP2: 0.45-0.46 ( i never take longs on bear markets )
TP3: 0.40 ~ 0.39
STOP LOSS IS MOST WANTED : 0.472
*any Hourly candle over 0.472 will invalidate my idea easily !*
**no one can predict market and this is the MAIN rule in the market - always respect your STL/TP**
> in my idea in any CONDITION XRP WILL HIT its LAST ATH +3000% profit but not any time soon ! <
$XRP closing in....BINANCE:XRPUSDTPERP - Showing weakening impulses, whilst recurrence in OI - short bets accumulating rapidly. Liquidity gap lacking but plenty of shorts to hunt above.
Expect further push to the area of resistance shown then a break down.
Given the XRP market may well expect a "stop-hunt" candle at the peak - be wary.
Invalidation close above...
Macro environment will be difficult this week - lots to play for.
SHARP DROP INCOMING FOR XRP BY TODAY !First of all if you using ANY KIND of leverage u need stop loss of 0.465 (can fake out up to 0.472 zone) & is the most important thing in such trades
in my idea we are in a down-trend which will lead us to 0.43~0.41 zone by today and everything will be cleared by TODAY !
also consider the best place to LONG xrp is over 0.475 zone which will invalidate my SHORT idea easily !
long story short:
* we have touched the DOWN of channel near 6 times and there will not be any <8> for it
**xrp have to rise up from 0.475 channel or go under 0.44 by today - RSI is OVER BOUGHT in hourly/30min/2H/4H
***The daily support has been lost and we are retesting 0.465 zone
**** market is TOTALLY unpredictable and there are companies with over B $ in loss with top traders in their team so do not risk more than 10% of your money
***** do not invest your money based on cartoon/ sec situation / ... it can simply NOT HAPPEN OR HAPPEN
TP1: 0.464 (personally would not take the long)
TP2: 0.449
TP3: 0.43
TP4: 0.413
TP5: 0.394 ( personally would buy ALL - IN if we touch this area )
EZ Short from 0.45 zone - A lost support is the lost supportXRP clearly lost the main 0.45 zone support and any uptrend is a pull back to the lost support
in my idea we will touch 0.3 zone again and after it we can except an upper zone to 4~$8 zone
STOP LOSS is the most wanted
and my stop loss is around 0.46 zone
TP1: 0.38
TP2: 0.33
TP3: 0.29
XRPUSD top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.