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XRPXBT

XRPBTC Testing a Yearly Trend Line!The Bad News: Despite a majority of all other cryptocurrencies going up 2-10x the last couple months, XRP has seen minimal gains USD side. On the BTC side, ripple has gotten completely destroyed. Smashing yearly log support lines and sending XRPBTC in what seems a never ending bear cycle. The Good News: Looking at nearly every previous bull run, XRP has almost always lagged behind the market. Meaning there is still some hope for it to get a pop. Especially with us sitting on this crucial support level. The Technicals: Taking a closer look at the XRPBTC pair, XRP is currently testing a 494 day old trendline . This same TL also matches the 3/1 Gan Support level from December of 2017. Another bullish sign is the RSI showing both hidden and bull divergence. My Current Trade: Entry: 6400 sats TP1: 8000 sats TP2: TBD S/L: 6000 sats Reasons not to trade this: - XRPBTC has completely broken this trendline on the log scale. - Typically, XRPBTC pairs are not as reliable as USD I hope you all found this interesting and I wish you the best of luck! Cheers!
Long
by oh92
2
Up?How strong is this downtrend? Considering we keep making new low by the hour, it'd be tempted to sell. However, price has made a dramatic rise when price dropped below 0.00007500. It's now broken through another support at 0.00006700. It'll be interesting to see what price action does from now down to 0.000060. Buyers have already started showing up around 0.00006500 so I do expect to see some buying pressure coming in over the next few days so I can set up a trade. I'll set a long pending order should I see more rejection around 0.00006500 and 0.00006000.
Long
by louiskiyay
2
XRPBTC, what to expectXRP has been the focus of attention lately. For those who followed my updates on ethusd (which i use as an overall market and altcoin thermometer), you know I have been preparing for this altcoin market reversal since September 12th, and XRP was in my core holdings. It always is XRP has always been one of my main "go to" altcoin at every dips, and still is, for those who follow me since the start on tradingview and elsewhere. Even when it is slightly disappointing as it has been the last months. But we can agree it just made it up for that Now that we are well positioned, we have nothing more to do than see what the market makers have in store for us Here is my interpretation of what I expect as the two most probable scenarii As you know, bitcoin is at a huge squeeze, a 9 month ranging zone with narrower range each time, and is ready to explode in one direction or another. As always, XRP will show us the way
Long
by Nidalas
19
How to make 142% Profit from a swing of just 7% (check details)Ripple is about to shoot up in the wake of the CEO of the company announcing they will focus in China. Just for the record, China has more smartphone users than US and Analysts expect it to pass US and Europe combined by the end of 2020. This might look useless, but reports from Goldman shows that 99.73% of all the people that trade or have Cryptocurrency are people that use a smartphone everyday. We can expect XRP to be adopted in China and in this way to expose itself to the largest market in the world. The next Crypto boom may come from China. You can DM me if you want to discuss more it will be my pleasure! Also, i can explain you the profit thing in the title :)
BITFINEX:XRPUSD
by TotoParasca
1