RIPPLE coin likely to completed its 1ST wave here shown in my chart, I think ABC correction phase completed
and may have to completed 2nd wave also and ready for 3rd wave around 3.5 to 4 dollar 2.618 fib retracement but 1st of all it have
to break its downtrend which xrp trying to break out right now or hold current support around 0.65 to 0.80 cent
area for farther upside move.
RSI is 46 also try to break downtrend if it does break it xrp will take momentum from here
Trading suggestion:
". There is a possibility of ABC correction retracement over to the suggested support line (0.75) hold.
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is try to break down trend, and the beginning of an uptrend is expected.
. The price is touched the 21-Day DMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 1.6361
TP2= @ 1.9649
TP3= @ 2.54
TP4= @ 2.7298
TP5= @ 3.52
TP5= @ 4.12
SL= Break below Support at daily closed
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and may have to completed 2nd wave also and ready for 3rd wave around 3.5 to 4 dollar 2.618 fib retracement but 1st of all it have
to break its downtrend which xrp trying to break out right now or hold current support around 0.65 to 0.80 cent
area for farther upside move.
RSI is 46 also try to break downtrend if it does break it xrp will take momentum from here
Trading suggestion:
". There is a possibility of ABC correction retracement over to the suggested support line (0.75) hold.
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSDT is try to break down trend, and the beginning of an uptrend is expected.
. The price is touched the 21-Day DMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 1.6361
TP2= @ 1.9649
TP3= @ 2.54
TP4= @ 2.7298
TP5= @ 3.52
TP5= @ 4.12
SL= Break below Support at daily closed
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Thanks for reading, Trade well, ❤️
#XRPCOIN #CRYPTO #BULLISHRUN #ALTCOIN #3RDWAVE
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.