The price of XRP has had a massive price boost of 21%, in little over one day. This unsustainable behavior was marked by a long zone of overbought RSI levels. After the price finally hit a temporary top, space was created for a healthy retracement. This is something very reasonable after such a boost. Now, we find ourselves in this ascending channel. The RSI...
looks like we are dealing with something like this
OPEN SHORT POSITION and CLOSE PART OF IT in line with the Targets (SEE CHART) PLEASE GIVE A VALUE AT OUR WORK HITTING THE LIKE BUTTON THANK YOU, GUYS! ENJOY
We can open Buy if the price will break the Key Level 0.1756. if the fall is over, we can make some money! Use only predictable risks per trade and sleep tight) Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
FALLING TOO QUICK ... TOMORROW IT WILL AT LEAST DO +20% LET'S SEE TOMORROW(IT WILL START IN 20 MINUTES)! TODAYS IS A BLACK FRIDAY
We can open a buy position. The price moved to this zone after a big accumulation. Now it can start to grow. Thanks for your support guys! I really appreciate your likes and comments!
What a terrible week for Cryptos. Markets were in the mood to get out of any high beta positions, XRP was no exception. We also had to contend with month-end portfolio rebalances and excess USD demand. The complete retrace towards 0.25 - 0.24 has led to a series of stops and XRPUSD has managed to find a fresh bid. Central Banks are going to provide respite this...
If you want to learn a little bit more about Technical Analysis, this is your post! We will analyze ETHEREUM and see the logic behind what we see. The first item is the breakout of the Falling Wedge what that means? It means that from a theoretical perspective, we should have a new impulse proportional to the previous one. Which one? The one that came before...
trend lines speak for themselves - falling and contracting - pullback finishing wave 2 longer time frame shows bullish divergence between RSI lows and price lows from the beginning of wave 1 last month. patience --- RSI is oversold on all timeframes and almost oversold on the daily if emotion is removed - this is a higher low
IF THE PRICE WILL BREAK THE TREND LINE OUT THE CHANGES OF A SECOND SEQUENTIAL OF ELLIOTT WAVES WILL BE VERY HIGH. SEE BELOW THE PREVIOUS RELATED IDEA WITH 4 GAIN TARGET ✅✅✅✅💪🏻 LET'S SEE WHAT WILL HAPPEN! PLEASE HIT THE LIKE BUTTON IF YOU AGREE WITH OUR IDEA... ENJOY! 👍
We have a bounce off multiple support & trend line areas. We are weeks/months away from an official bull run. We are long from here.
Super bullish Catch the minor pullback Volume building up
Weekly (zoomed out) Looking at our higher timeframe we see XRP is currently flirting with our previous support that lead to the 2017 bull run. This week we saw the price go from $0.28 as high as $0.35, stochastic rsi showing momentum is in favor of the bulls and is looking to cool down. Weekly (zoomed in) Taking a closer look at our higher timeframe we see...
Signal XRPBTC LONG Open 2683; SL 2635; TP 2995; Risk/Reward: 1/6.5; Leverage:5x The downtrend line is broken, price fixed higher. High volume. The first target is 3000 satoshi.
I used an overlay of Dash's price movement on top of the XRP/USDT price chart. As you can see, both have been moving pretty much in sync, with XRP lagging from time to time. XRP/USDT is against these major resistance points - Range low resistance (of the wyckoff I posted earlier) - 2 year long trendline resistance - Daily 100 MA - Weekly 21 EMA It seems that if...
Fisher suppression line break with a whip formation finalizing before breaking out. I expect +30% but seems there's more room than that for growth. Thank you NOWAZZZZZZ. I multiplied the Chart by a factor of 100,000 so the Fisher transform calculation would be correct.
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Xrp/Usd Update After a -44% downtrend it looks like Xrp manage to get some ground and now broke the triangle. From here we should start seeing a relief rally, i expect around 26% to re-test 0.24 that was a big support. Rsi is back up, Macd is now flying so let's get that pump! Here's my idea: Portfolio Risk: 5% Leverage: 10x - 25x Long: 0.187 - 0.191 Sl:...