Xrpusdttechnicalanalysis
XRPUSDT might get a Pullback before going up
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Hi Traders, XRPUSDT is moving up closing to the end of the triangle, if it breaks above the Resistance line it might go high up to 0.9298, however it might get a Pullback around 0.5803 before it goes higher.
On the H1 it seems that it’s going to break below the Support for a Pullback before it goes higher.
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XRP 1D "How will I spend my summer"This XRPUSDT review is a continuation of a previous global idea, so it's worth reading it first.
Now, we hope that you understand the logic of thoughts from the previous idea , and let's look at the wedge on the daily timeframe.
We slightly adjusted the edges of the wedge.
The fact that during the May fall the mirrored level of $0.75 withstood the onslaught of sellers and margin calls can be considered positive, and now the trade continues above it.
Safe long we can take after fixing above the XRPUSD price of $1.05-1.10. In this case, you can expect growth to $1.70, where is the next critical level
If the XRP price begins to consolidate below $0.75, forget about the long , because the value of Ripple may fall to $0.40.
The possibility of such an option is not denied by the XRPBTC chart.
The price was unable to break through and gain a foothold above 3800sat. and accordingly headed to 1800sat. This possibility was also warned about in the previous global idea.
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XRPUSDT Possible Buy Level PredictionHi folks! I hope all is well.
We all know that XRP will go to the moon in the long term, but what about the short-term?
Unfortunately, it looks like we will see the red pattern on the following days. Maybe until the end of April (short-term). But in this case (XRP), there are more than corrections, short-term investors (panic sells), bearish/bullish runs, tax news, etc. And also SEC. I know we all wish there will be a "win" against SEC; please don't skip the harmful scenario.
Like everyone mentioned, the price looks to go down to the support levels, which are $0.8x & $0.6x & and the bad news is $0.4x. And as I mentioned, the SEC court will be a decider in this scenario.
P.S: My upcoming buy levels set 40%, 30%, 30%, the buy levels I mentioned above.
Please feel free to let me and our community know your comments and expectations regarding this graph.
**NOT A FINANCIAL INVESTMENT ADVICE. CALCULATE YOUR OWN RISK.
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
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P.S. I personally will open entry if the price will show it according to my strategy.
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