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XRPEUR trade ideas

XRP - Decisive momentWe have seen the price break the 0.20€ support on this last week. Then it came back again over it and seems to stay, with a small wave visible on 1H chart. The descending parts seems to get blocked at our support. If in the few hours/days the price is going back under, it will be a stronger short signal than MACD and Stochs which are actually showing something not so bad. If we don"t go under, we can look on big bullish flag confirmation finishing around March 2020. I must admit that I'm looking XRP chart like an addictive Netflix show! We want to know what will happen! I read a lot of Long and lot of Short 1D Analysis here. This is looking like a serious enigma for everyone!
by Spare1
XRP shows contradictory signalsOn the stoch side, the indicator has a very low value, if we look on the past, it has been a buy signal any time for XRP on 1D. We also reached the main support, which is also a classic buy signal. This could be the bottom of a huge bullish flag started in june 19 and finishing in March 20. That could be a classical and logical trade scenario. But one the other side, MACD signal is not on his best and space between EMA 50 and EMA 200 still growing. So the support could break and we could retrace a downtrend channel instead of a bull flag. I'm for the first option, like 51% - 49%. On my last XTZ idea, we had alsmost exactly the same configuration and XTZ just made a bull run and even broken the resistence of bullish flash. We can imagine the same thing for XRP. What do you think?
by Spare1
xrp lookin goodWe might have a red leg down towards the green bullish divergence line (20 cent) one time. But right now we are forming some nice bullish divergence. This might cause xrp to swoop through the 34-40 cent area (greenbox) that used to be a resistance in the summer crypto run. you can sell a part of your xrp at the 50 cent and reacumulate in the 55 cent - 40 cent area before we go up higher but i expect his scenario to play out in the coming months and hit the 50 cent in december/januari so lets just sit back and enjoy the show and look what to do after we hit the 50 cent area. And if your wondering what the green line is. Its the average price at which i have bought XRP over that past few months, so if you are going to invest into xrp i would say just buy 10% of you investment money each week and you will have a nice position because if you buy now u might miss out on the 20 cent opportunity.
Long
by jackynee
20191105 XRPEUR Open Short PositionHi there, Just and idea after analyzing XRPEUR Movement this year and areas, specially supply and demand, and some chart patterns that indicates the price could go down before it starts up. Right now, it's starting to curve, giving sign of downtrend. As usual btc goes on the hand of btc and since you may see in some analysis i have made on BTC, this could go down too. More than once i have noticed volume blocks on Kraken on 0.19 euros. This could be anothr sign too. So, in personal opinion, it could be a good place to open a short position for a couple of months while price goes down to demand area. Again, Just personal Idea and not financial advice. Cheers! Charter X
Short
by CharterX
XPR Triangle Pattern Trend & Breakout imminent As I am sure you are all aware, XPR has been performing strongly over the past month. The market had moved higher , trending strongly for a couple of days, testing the $0.30 resistance bands on 18th October with a high of $0.31, followed by a correction down to $0.23 being completed on the 24th of October. After this we see the clear triangle pattern with highs between +8 / +11%, please note the narrowing range before the brake out point was reached on 23rd of October -10.08%. Thus failing to form a continuation of this trend...or so we thought. The market rallied soon after with +11.29% and helped push back up towards the moving average. With Swell just around the corner, Wednesday, 6 November - Friday, 8 November. Expect this trend to continue into next week with breakouts testing the $0.35 & $0.40 marks. Regards EWH
Long
by elonwashere
6
20191026 XRPEUR Open Long PositionsHi again, So, it seems there's more to go in this new movements we have. I saw the inverse head and shoulder coming yesterday and study the volume behavior both XRP and BTC. It seems the algorithm, sentiment, what ever you want to call it it is repeating. So we may expect new uptrend coming up in the next hours. So, for one side we have that, you may see it in Volume, and we have a clear M formation or Bullish Butterfly. It's like a new re accumulation process. And for the other hand we have the Fibonacci Retracement to support the fractal or harmonic in place. Red arrows indicate the volume so pay close attention in your charts. I believe it could do the arrows movements once again, maybe not. We will see. In any case and personal opinion, time to start setting multiple long positions. If drop then fibonacci orders setup for more profits. Hope this helps you out. Remember this is personal idea and not investment advice. Cheers! Charter X
Long
by CharterX