XRPETH trade ideas
Will we climb the rope and ring the bell?We are trending towards the formation of the bottom of the handle and can expect to go up in the short term. Many speculations and positive news could also bring us back up to resistance sooner than expected, to then draw us back down to the bottom of the handle. Keep an eye out for a break in resistance, this could potentially bring us to $1 land and bring us in line within ringing distance. Time to hit the market for a new pair of sleds and vests, we're in for a ride.
XRP almost thereLooks like ripple is about to complete a ABC correction and will be looking at the 100 day moving average as support to complete the formation then im looking for a bullish impulse wave up. This coin has a lot of controversy in the crypto community but nonetheless it is a fundamentally solid coin and should continue to gain strength as this bull run continues to heat up.
Thank you for viewing and i would love to hear back from some of you. As always i have to say this is not financial advice but merely my opinion on what i see on the charts so DYOR and happy trading
XRP-ETH Temporary Bottom then ReversalIt's 4Hrs chart and 3 Candle are bottomed, That means 12Hrs. XRP-ETH market was Silent.
In another view If you see Temporary Bottom Then Remember It's going Reversal soon and you can take Approximate 40% Profit of your Investment.
If you'll tracked any Temporary Bottom then Please Private Message me.
Thank you
XRP/ETH vs XRP/BTC vs XRP/USD XRP/ETH is holding up very well compared to its sisters who are getting crushed. Those who choose to HODL in XRP/ETH rather then USD or BTC, fearing they will miss the imminent moon shot at some point, putting there money in it to HODL this BTC, ETH bear out. Just an interesting thought though I'm almost positive I'm wrong!
Ripple found support on wave 2, preparing for wave 3.Ripple (ETH pairing) has found strong support (green line) and is currently consolidating along it to finish wave 2.
Wave 3 will begin once top of resistance line (triangle) is broken.
Remember... "Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5" ;).
Remember to update stops at each fib level.
Perfect Straight Line Pattern??I have NEVER seen a perfect straight line pattern in regulated/normal markets. What the heck is this perfect straight line pattern??
The only thing I can guess is market manipulation of some kind. Ripple has WAY too much insider tokens so they can easily manipulate the market.
I hope to see XRP go to zero as it's toxic.....hope lawyers or regulators go after them.
Ripple XRP/ETH Ready to Take off Again?After a good run Ripple, XRP/ETH on Binance has consolidated and found good support around 117.000. Volume is currently low and indicators (RSI and MACD) has formed a divergence.
Is Ripple ready to take off again?
We will see but it has a high probability to follow through when it breaks out of its triangle.
Trade Instructions:
Buy in Range:
117.000 - 118.120
Profit Target(s):
1. 122.900
2. 125.900
3. 129.000
Stoploss:
116.000
This is a low-risk high reward trade if you execute it right so good luck with your trading.