Get started

Xrp-usd

XRPUSD Update: Profit=37000 SL=11000 Reward/Risk > 3.3:1 Trade Setup summary: Profit targets=37000 pip (2000+ 4000 + 6000 + 10000 + 15000) Stop Loss =11000 pip Reward/Risk > 3.3: 1 Current Status: Total Profit: 22700 pip Closed trade(s): 12000 pip Profit Open trade(s): 10700 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 0.19 based on 'previous Forecast' at 2020.07.16 : Closed Profit: TP1 @ 0.21 touched at 2020.07.20 with 2000 pip Profit. TP2 @ 0.23 touched at 2020.07.26 with 4000 pip Profit. TP3 @ 0.25 touched at 2020.07.29 with 6000 pip Profit. 2000 + 4000 + 6000 = 12000 Open Profit: Profit for one trade is 0.24350(current price) - 0.19000(open price) = 5350 pip 2 trade(s) still open, therefore total profit for open trade(s) is 53500 x 2 = 10700 pip Break Even 0.19 Technical analysis: . XRPUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 79. Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.223) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP3= @ 0.25 TP4= @ 0.29 TP5= @ 0.34 ❤️ 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 Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:XRPUSDLong
by ForecastCity
20
XRP Bullish Descending Broadening Wedges XRP is not my favorite project but my investments are diversified and I think XRP is a category in and of itself (I'm here for the tech and wealth). This is not financial advice, only my opinions based off my personal research. Firstly I love Descending Broadening Wedges, they are very effective for calling bottoms, I have a chart where I called the absolute bottom of CRO which has been one of the top performers of 2020. I called CRO breaking out before it was announced as one of Teekas top 5 coins, and I did it with the pattern I am outlining now. Now what I am seeing is a set of Descending Broadening Wedges, a smaller one within a larger one. I am also seeing our price action on top of a important support, which is between .17458-.16656 (.16656 being the .236 of a down fib I plotted and the area I would put my stop loss under). It is interesting that our 1D candles have closed above the top of this support of .17458 ,which shows to have been a strong support historically, because our indicators also look bouncy in this area. The RSI hit 30.87 (Oversold),Our Stoch RSI has created a descending wedge and has flipped bullish to give us a hard buy signal today, MACD still shows selling pressure because it is reflecting the sell pressure we have already received (but I assume will flip soon). From a bearish prospective our price action is trading bellow the EMAs and we have been in a down trend for years, but I have some interesting information that indicates the bottom could be in for XRP. First on June 13 2020 the Poloniex BTC/XRP chart hit one of the strongest historic XRP supports and wicked extremely hard upward. Second if we do bounce significantly from this area through the major resistances above (The EMAs and tops of the Descending Broadening Wedges) then we will probably rocket upward based off the TA projections (1st Target .25 area / 2nd Target .30 area/ 3rd Target .34763/ 4th Target .49342). Third many things are happening within the Ripple/XRP world, some things I cannot bring up (Political moves being made within banks/Gov to garner Ripple/XRP support) not to mention the COVID19 need for digital currency, and lastly China/USA competition to be the first to control the 4th industrial revolution (CBDC, Reserve Currency, etc.). *Side Note watch BoA :)* (SHORT/ MEDIUM TERM) Oh yeah I really think institutions are looking for a back up plan, I think that they will use cryptocurrencies as a back up for when and if the stock market takes another drastic plunge. Meaning I could see institutions going deep into crypto and marketing cryptos on their platforms for retail traders and speculators to make Wall Street Money while stocks take a dive. Tons of money could flow into the crypto world, I don't see this as the endgame for XRP but I see it as the means to their end.
BITFINEX:XRPUSDLong
by Tachycardia
XRP USD - Very important diamond chart pattern!You can see the purple trendlines on the chart. This makes for a diamond chart pattern. A diamond chart pattern often means a reversal. This specific pattern has a high probability because it's on a weekly chart. Look at my other analyses, this all indicate a bullish case for crypto and altcoins. I wish the market would be bearish for another year but I'm afraid my accumulation is going to stop. That's why I know my bias isn't influencing my judgement.
BITSTAMP:XRPUSDLong
by GenesisLedger