Bitcoin Technical Analysis: Key Levels and Price Targets Bitcoin (BTC) is currently trading at $27,000, and in this technical analysis, we will delve into the formation of a bullish flag pattern in the daily time frame. Additionally, we will examine the significance of key resistance levels and discuss potential price targets. Please note that this analysis...
Good evening ladies and gentleman, it is my pleasure to be allowed to entertain you today. This is the short-term chart for XRPUSDT, 1H and what do we have here? Notice the volume how it is low as prices move higher, slowly surely, creeping higher yet no resistance and thus low volume. Notice how the volume increases on the drops/lows, buyers coming in, they...
💎 Paradisers, get ready for some thrilling updates in the XRP universe. Here's the inside track: 💎 Triangle Pattern: XRP has been consolidating within a symmetrical triangle pattern, signaling a period of indecision in the market. Traders and investors have been closely monitoring this pattern for a potential breakout. 💎 Bearish Breakout: All eyes are on XRP as...
I can see a very complex correction forming on Bitcoin which will trap a lot of new buyers & sellers. I have taken a long position as I expect BTC to consolidate on the bigger TF for the next month or 2 and play within the current zone.
The reason why shakeouts are happening to the downside is to kill the longs, as many longs as possible. The only reason to "kill longs" is because prices are about to grow strong on a mid-term basis. If Bitcoin was set to drop as the main move, not short-term noise, then instead of whales killing the longs they would be letting them pile up and instead kill the...
We have higher lows long-term for XRP, since June 2022, but looking at the short-term we also see higher lows all the time. We are likely witnessing a new higher low 16-June with the session ending as a hammer and today a full green candle, which would work as confirmation. The RSI is ready to move back above 50. We have an important day this Monday. Can we see...
Ripple (XRP) technical analysis: Trade setup : A rare asset that remains in an Uptrend. Following a bullish breakout from Channel Down, above $0.45, which could signal resumption of Uptrend, price has reached our target estimate of $0.55. Now we wait for price to either 1) break above $0.55 resistance to signal Uptrend continuation, or 2) pull back near $0.45...
this colors each show different powers purple (strong) weekly pink (major) daily green (minor) 4hours and each one can act differently in order to power and condition of price
" XRP | Short-Term Drop Followed by Additional Growth! ", this is the title of the trade idea shared 10-June. I am back and this time to remind you or to notify you that this "short-term drop" is likely in and XRPUSD is set to continue growing. I am looking mainly at three details on this chart in favor of this assumption. 1) XRPUSD continues trading above the...
Hello,Traders! RIPPLE went down to Retest the rising support From where I think we Will see a nice rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I invite you to review the XRP chart this time taking into account the one-day interval. As we can see, the price has moved down from the uptrend line. Now let's move on to marking the support places for the price and we see that the first very strong support that currently holds the price is at $0.45, however, if the price goes lower, the next support is at...
I like to browse through charts between different markets in the search for confirmations and correlations. One of my favorite types of confirmations is Bitcoin and the Stock Market. We know that these have been moving together but Bitcoin is leading the way. While the SPX is still below its August 2022 high, Bitcoin already broke that price... Let's have a...
We have XRP valued against gold&DXY on the right, and XRPUSD on the left.
Dear Evereone! Look, Folks, on the chart: We are still in the triangle. Rejected from the resistance, however, we bounced from the EMA ribbon (and still above!) ;-) With best regards, Paweł
XRP is losing its bullish momentum. The price has reached the top of the range and now we're expecting it to come back down to retest the lower levels of the range again. Entry , and targets for shorts (entry for longs) are shown on the time frame 1 hour chart. Good luck
Traders, I’ll be honest. Risky trade long here. With the SEC suing Binance/Coinbase and the Ripple suit yet to be settled, plus BTC is currently under my $25,300 neckline, the following is a risky trade. But I am taking it: Position = xrp Direction = long Entry = .4769 Stop Loss = .44 Take Profit(s) = .66 Risk/Reward = 5/1 Leverage = NONE Profit Potential =...
If you haven`t sold XRP here: Then you should know that it appears that XRP has reached the price target associated with the double bottom pattern, which is a significant milestone. However, the formation of a bearish pennant pattern suggests that a retracement to $0.18 may be in store. Looking forward to read your opinion about it!
BTC/USDT Technical Analysis BTC is currently trading at the $27,000 level and experienced a drop to $25,800. Chart Analysis: Based on the chart analysis, we can observe the following: 1️⃣ BTC was perfectly rejected from the $29,000 resistance level and underwent a significant decline to $25,800. 2️⃣ Currently, a triangle pattern is forming on the chart, and...