XRPEUR update! Breakout coming soonEqualiblium has formed, breakout probability coming soon.
Last one broke to upside after creating a small bear trap first.
Slow and steady still..
XRPEUR trade ideas
Pitchfork formation XRP stuck on a neverending trendXrp price Trend continues on a sideways direction on the .3789 to 0.3989 euro range, but it keeps getting reject it at the top. It also hardly shows any volumme except a very expecific times. Pitfork formation shows it is well within bounds of the current trend and sitting comfortably and confidently at resistance above .035 but this could change, that is as much TA goes. On the FA spectrum tit all means shit and price can tank at any mmoment if unfavorable news start to circule around social media, it is the one thing that fuels this coins and nothing more.
XRPEURIf this can be seen as bullish Gartley, XRP should go up more. Resistance is expected at 0.382 Fib level from C to D and some pullback. I'll try to catch it around 0.382 Fib retracement of current rise with micro order and a little bit lower, at 0.618 Fib retracement of this same rise with a little bigger order. Stop loss bellow previous low, target 1 at 0.618 Fib level, target 2 near point C and if conditions will be good, I'll leave part of trade for longer.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Rising Wedge???two bearish scenarios, based on EW count (only what i see)
details in the chart
trade safe!
XRPEURHarmonics keep popping up :) For this one I'm not too confident of point D - we'll see what will be happening around 0.786 level - if it won't be confirmed in some way, XRP could go to 0.886. Let's wait with trade setup a little bit.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
XRPEUR well poised for a DumpPlease comment below- I have been waiting for it to make a significant brakeout to the downside around the 0.25 cent range-
XRPEUR update! Bulls are here! Positive confirmed breakout now!Breakout!
Possible targets - Long swing trades
Not financial advice!
Planning to buy in the 0.29 - 0.30 EUR zoneLooks like we will get a 2nd chance to get in at an interesting price.
XRPEUR update! Consolidation stillxrp udate
oversold on 4 hr chart, so buying may occur now resulting in a bounce.
testing support of previous channel
XRP EOY Price @ $589!? More Like $0.17! (XRP Down Cycle)Since xrp's all time high, the price has been retracing ever since.
The percentage drop and the timeframe it took to drop is labelled on the chart.
The question is are we still in a bear market or have we reached the bottom?... hmmm
If we ARE still bearish then the previous patterns of the plumit of price in the past should be a good indication of where the price is proceeding to in the future.
Since all time high, xrp price dropped;
-76% over 33 days.
corrects then drops;
-60% over 48 days
corrects then drops;
-78% over 108-140 days - (This time frame is the outlyer)
Mean = -71.3% drop
Standard Deviation = +/- 9.8%
Upper Limit = -61.5%
Lower Limit = -81.1%
Therefore i believe that the price will drop another approx 71.3% (+/-) 9.8% before we see another bullish market turn around...
with all that being said,
i dont really know,
its a strange world,
the world of crypto ,
i could be wrong,
and i have before ,
but i hope for low prices,
so i can buy mor e.
Happy Hodling! :)
A trading opportunity to buy in XRPEURTechnical analysis:
. RIPPLE/EURO is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.41700 to 0.30300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.41700)
Ending of entry zone (0.30300)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.64700
TP2= @ 0.75600
TP3= @ 0.95900
TP4= @ 1.09100
TP5= @ 1.35700
TP6= @ 2.01000
TP7= @ 2.49900
TP8= Free
A trading opportunity to buy in XRPEURTechnical analysis:
. RIPPLE/EURO is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.41700 to 0.30300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.41700)
Ending of entry zone (0.30300)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.64700
TP2= @ 0.75600
TP3= @ 0.95900
TP4= @ 1.09100
TP5= @ 1.35700
TP6= @ 2.01000
TP7= @ 2.49900
TP8= Free
XRP I don t know englesh very well sory for that/ Xrp must go up for now noting tell us the price will go down
XRP will make a huge boom In my opinion xrp will make a huge boom ...look and say if you belive that to
