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XRP USD DAILY TECHNICALS (4/22/2021)Good morning- crypto ger here for another xrp update- today is Thursday april 22, 2021. Before we get into the technicals and all the fun stuff- please know that this is not financial advice, this is my opinion and my opinion only. I Lets talk a little about the current trend and yesterdays performance before we get into the daily outlook. The price of xrp is up 500% ytd Over 120% on the all -rolling 1,3 & 6 month range The weekly technicals support long positions- performing well above almost all moving averages-indicating a strong buy position, while the oscillators hint at a cooling period. Rsi values are in the 70's & cci is over 200- these indicators on their own are bearish. The bull bear power index is 1.10 which is relatively neutral and lastly the macd is reporting a 0.21 which is a buy. Weekly technicals are a buy Recapping yesterday- XRP declined by 6.95% reversing a 5.76% gain from the day prior. xrp ended the day at $1.29017. A bullish start to the day saw xrp rise to an intraday high of $1.46406 before hitting reverse.. Steering clear of the first major support and leaving major resistingce untested. For the day ahead- XRP will need to move through the pivot level to bring major resistance levels into play. Support from the broader market will be needed to break back through the 1.40's. In the event of an extended rally XRP could test the second major resistance levels Failure to move through the pivot brings support levels into play XRP should steer clear of sub 1.20 If you found this video informative please be sure to smash the like and subscribe button- turn on the notifications so you can stay up to date with future content
BITSTAMP:XRPUSDLong
by cryptoger
Klever (KLV) testing Structure: Moon or crash to 0.03?We broke the 38% support and now we are potentially treating our 61% fib on a daily as support. If so we can buy assuming your entry conditions are satisfied and if not then you need to wait for to a further dip to our 78% fib zone. GOOD LUCK TRADERS! & Remember, always use proper risk and stop losses!! If you watch my videos a study has been proven that your IQ increases by 5 pts per video and you become 100$ richer. Its science guys! I don't make this stuff up! hahaha. GOOD LUCK GUYS & BE SAFE!!!
Long
by PlutusX
8
DENT: In Profit & Reentry Opportunity. Possible 2x - 6.5x ReturnHey everyone we have 2 set ups with DENT today. 1: You are already in profit and can move your stop loss into take profit assuming you hit your sell limit entry as we discussed (based on your confirmations). 2: You are waiting for daily confirmation (ideally weekly) on the 38% fib. Otherwise, wait for a retest of the 61% fib previously the 38% aka the entry of the initial trade). I hope I'm not confusing you guys just giving you two scenarios based on potential setup entries and potential profit if you are active in the trade already. GOOD LUCK AND BE SAFE!
Long
by PlutusX
2
BITCOIN | The Lines Just Appear Around $50kHi, I'm quite fast, you don't even saw my mouse moving around on the chart and you guys wonder how I can make 10 altcoin analyses under an hour. :) Have been asked how I make my technical analysis, here is a little tutorial before my online course becomes available. ;) Now let's talk about the areas of Bitcoin that I'll be waiting for. Yesterday I wanted to short it but sadly it didn't reach my selling area. You are prepared, waiting, being patient but sometimes the rabbit just runs through your sniper scope and you cannot even touch the trigger, it happens but we don't chase the trades we'll looking new ones! At the moment my eyes are pointed to the marked green box. It stays around $50k and for me, it is quite an important level for Bitcoin, especially if we considering further movements. If it gets a rejection from the box then everything, in the long-run, stays bullish for me. It just needed at least a 15 to 20% correction, nothing wrong with it just healthy marked conditions but if the marked area doesn't hold the price then the price of BTC can fall to the low of 40s. I have been waiting for the retest of 50k pretty long for now and looks like the price wants to touch it, at least it approaching it and I'll try to grab at least something from the marked area. The marked area stays $49300 to $51700, a lot of technical criteria matching each other in quite a tight range and they are: 1) Fibonacci Retracement 38% 2) Fibonacci Retracement 62% 3) Fibonacci Extension 127% 4) Channel projection 5) The equal waves od AB=CD 6) Strong horizontal area 7) The round number 50000 8) Daily EMA50 So, a lot of quite a good criteria, they all acting as support levels and as said they are inside of quite a tight range. Definitely, I would like to trade it if the price reaching the marked area and let the market says was a good decision to enter or not. Preparations are done, let's wait and see, no emotions, no expectations - okay, maybe "like" expectations only;) Stay healthy, Vaido
COINBASE:BTCUSDLong
by VaidoVeek
7
UTrust (UTK) touching Major Support: Potential 2x - 5x RETURN!? Thanks again for the Suggestion Maikel. We already testing the major weekly structure support which is on confluence with our 38% weekly fibs. Now we are waiting for a confirmation on the s4H and daily prior to entering!!! GOOD LUCK TRADERS AND BE SAFE !!! NO YOLO GAMBLING YOU MONEY ON TRADES!!! 1% per trade is idea no more than 3%. Sure you may miss on sweeeet sweet gainzzzz but you could also lose your A$$. Be smart and focus on Buffets #1 rule: DONT LOSE MOENY!
Long
by PlutusX
Swipe (SXP) TESTING SUPPORT! Potential 200% - 500% Returns!!!Thanks again for the suggestion Lux Lux Klan! We are testing the 38% fib level with major structure from both monthly and daily. this one from a technical perspective is actually solid and if confirmed would be a good buy in the coming days. GOOD LUCK AND REMEMBER TO USE PROPER RISK!!! Our community are smarter than the YOLO gambling degenerates. You may miss out on profits being conservative but you wont lose you a$$ over leveraging a trade.
Long
by PlutusX
2