XRP long but first some bad newsLike sometimes in life, I have bad news and good news for you.
Looks like the downtrend continues.
The good news is, that you can now sell part of your coins and buy them cheaper - or you can load some more when we go down to £0.65 or even lower !
I have a buy order at £0.65 - to be on the safe side.
Based on the trend line this should happen at some point on Thu 29/04 or Fri 30/04 but this is crypto and sometimes they move fast :-)
The support zones ( from previous idea) are an exact match with the Fibs - which is good news.
And the next Fib level is around £2 ( the crystal ball says on the 9th of May :-)
XRPGBP trade ideas
XRPGBP - HoldersWith the SEC case going in the right direction and millions being invested into XRP products. This shows a good sign of possible increase in price.
The chart also shows good retraction and i believe we will see another bull run to the 1.50 point soon.
XRP long - but be patient as we are retesting Watching the downtrend lately, we do not worry. We are patient and holding position.
The brave ones could sell small part of their coins now and rebuy them if (or when) we retest the £1 area.
I expect around Monday 19 - Tuesday 20 April, to have a clear view of the direction.
Either way, before Friday 23 April I expect a big upside move.
XRP - bullish or bearish - rather conflicting chart pattern!Would love to know your thoughts on this XRP chart pattern... as you can see with the arrows, clear heads and shoulders i.e. reversal/bearish.
But then, there's the lovely pennant, usually associated with an upcoming uptrend/bull market.
Which do you believe? what else would you add?
$XRP to break ATH in coming months..I think with the fractuals, history, fundamentals, XRP will soon break it's ATH ..
XRP chartingshorter term profit targets and buying areas. Potential longer term price limits as well.
XRP 1 HOUR TECHNICAL ANALYSIS #XRPCOMMUNITYCLEAN AND SIMPLE ANALYSIS AS ALWAYS. WE HAVE A MARKET THAT IS TRENDING TO THE UPSIDE. PRICE IS CURRENTLY RANGING. I HAVE MARKED THIS AREA WITH THE HIGHLIGHTED ZONES LABELLED SUPPORT AND RESISTENCE. BASED ON THE PRICE ACTION IM LOOKING FOR A RETEST OF THE HIGH BEFORE HOPEFULLY PUSHING UP TO MAKE A NEW HIGH. IF SO MY TARGET WILL BE .55p/.75usd.
HAPPY TRADING
#XRPUSD #XRPGBP
Massive falling tree on xrpTaking a look at the immediate weekly candle I think I see a falling tree pattern. Next week or week after.
Confirmation I got from lower timeframes all look to support the view of buying pressure fading out at 60-62.
Happy for some arguments on this one considering the morning stars before.
XRP 15M TECHNICAL ANALYSIS #XRPCOMMUNITYOverall still a bullish market structure. Price is following the trend nicely. One area to watch is the .43p area. We can see price failed to create a new high here but I suspect another attempt at breaking this level will be made.
#xrpusd #xrpgbp #xrpanalysis
XRP 15M TECHNICAL ANALYSIS *UPDATED* #xrpcommunity Xrp chart update from yesterday. Analysis played out pretty much as expected.
Strong bullish momentum expecting highs of 0.45gbp/.62usd today.
#xrpusd #xrpgbp #xrpanalysis #cryptocurrency #cryptotrader
XRP 15M TECHNICAL ANALYSIS *UPDATED* #xrpcommunity Following day update on XRP
Trade played out pretty much as expected. Expecting 0.45+ (0.62+ USD) today
#xrpusd #xrpgbp #xrpanalysis #cryptocurrency #cryptotrader
XRP 15M TECHNICAL ANALYSIS Clean and simple market structure.
A bullish break forming higher highs/lows. A higher high was formed which then led to a small correction. A double bottom has formed followed by a break of its previous lower high signalling a reversal in structure. Looking for wick rejections/bullish momentum from the previous lower high
xrp usd channels for the foreseablexrp usd channels for the foreseable - waiting to see what happens
XRP Bull Flag Break OutXRP has now finished its flag and assumed ascendancy at the midpoint of the correction, So it would appear to be preparing for a bullish trend to hopefully challenge the previous high of £0.47, if this is mark is broken I would expect it to achieve £0.55 before another consolidation.
Buying opportunities after the 22nd perhaps, If the exchanges allow US access, then there may be a large sell off, bear in mind that anything above £0.25 may sell given the entry prices at time of XRP being removed from US Exchanges following the SEC case
XRP Over Sold - Entry PointBollinger Bands are showing XRP as consistently oversold - potential entry point?
XRP to start a climbI'm no expert and new to analysis, however i've applied a few indicators to XRPGBP, the MACD is accending and moving positive with the signal line just crossed, the bollinger bands indicate an upward trend with and expanding band. RSI has just emerged from an oversold position, with this I anticipate that it should achieve a significant gain. TP of £0.71 given the phycological barrier of $1
