Longxrp
XRP Bottom of trend channelHi
Two things: resistance formed at 0.4515 and the candles are at the bottom of the trend channel. That makes me think there will be a move to the upside soon in the short term.
Although there are many good news coming from XRP, the project still has an ongoing legal action and it makes trading this coin risky.
Always do research and manage risks when trading.
Thank you!
XRP Bull Pennant on DailyFlags and pennants are patterns that I find are overly relied upon in crypto, and they often fail. I like this forming pennant, however, when coupled with the market sentiment. In particular, XRP has been on fire and we are testing a major psychological level at $0.50. I wouldn't long resistance - But I am already in a along position since low 40s. If I wasn't, I would not enter this trade until the price breaks out of the pennant to the upside, for confirmation. A breakout could happen here, or touch the bottom of the flag once more before going back up. I will keep a close eye on XRP for a breakout, and will have alarms set.
Also my recent idea about BTC volume flow flipping in bull's favour (link below), has me thinking the market is ready to move a bit higher, and I think BTC will hold support at $20k, and move up to the next level, which will give more support to this idea. If BTC falls through $20k before this pennant breaks out, I will consider abandoning the idea altogether.
The stop loss target, set at the most recent swing low is at $44.9 and sits perfectly behind another psychological level. The target is set slightly below the pole height, at $63.8. The pole reaches a bit above $0.65, but I think it will correct hard at $0.65 or even at $0.64. Keep in mind that $63.8 is an ideal scenario where the breakout shoots almost straight up with no faltering. If we have signs of trouble along the way I will not hesitate to sell, even somewhere in the mid 50s.
I've been enjoying some market success, but I am a fairly inexperienced trader so don't go copying my trades. None of this is advice, just my idea.
XRPBTC Breakout Imminent (3x Margin)XRP Looking good similar to my LTC and XLM Charts. XLM always follows XRP movement too so these go hand in hand which is exciting to see. XRP Just broke from an ascending triangle which is bullish but we just need XRP to SR Flip the first white box and then she's ready to head to the second once support has been established at the first.
Taking a 3x Margin on this one. Trade Safe.
XRP Next Leg up to 2,50$XRP remains in a bullish trend as it keeps moving higher in a 3 year record high. The last week candle shows clear evidence of change of sentiment from the community and whales.
Clarity from SEC will bring price to a new ATH and insane price discovery. But for now the price looks passive to a new leg up with the ongoing of the SEC case underway.
XRP will rise like a PHENIX IN 2021Everything you see is on the chart. Pretty simple IDEA. The bottom is in, this is panic selling final capitulation. Bad news and SEC attack Ripple! Delisting and trading suspension by the exchanges. Time to buy this FUD! Be greedy when everyone is fearful . Good luck and have fun! Ali Jack! Like and subscribe!
XRP Long Update In my previous analysis on XRPBTC, we saw a good opportunity to enter a long. We now see the first bullish engulfing starting things off and has brought XRP into a critical point. You see that the price action is combating with the first couple lines of resistance and is about to meet the trend line as well as the candles work forward into this cone between the current resistance trend line from the most recent high peak previously.
I suspect that if XRP breaks both of these lines we can see the price shoot straight for 0.00003000 before facing any strong resistance again.
Ascending Channel - Price PredictionThis ascending channel is forming nicely. Unless we break the channel to the upside or downside these are my price predictions for the 30th January. I feel we may break out before that to the upside in some sort of parabolic move, however if this channel scenario continues then this is what i'd roughly expect.
XRP/BTC is already in bullish unseen rallyYes! Every time I use my "Sniper" Indicator on weekly it never lied before about bullish and bearish trends. Now I see that strong buy signal was on weekly close few weeks ago. XRP/BTC shows evidence that XRP is bottoming
against Bitcoin. I would buy here for long trade. I never use stop loss for this one. All in trade for possible +700% profits. Press like & subscribe!