Ripple #XRP BULLS - It's done with the drop Part 2i got Stopped out. Not much of a loss. I waited to see if the momentum was going to shift and it seems that it has. So I started a new position. but I'm not giving it much room in case the bears come back in. Trying to hold the 24 level so I evtered just below. See my previous Idea for my understanding that the drop is over. It's fighting. But I'm too much of a bear and the indicators I have say this is the bottom.
I keep hesitating to post this because I'm flirting with being knock out for the past 40 minutes.
Xrpanalysis
Ripple #XRP BULLS - It's done with the drop COINBASE:XRPUSD
Aftyer lasty nights disappointing drop (Dropped during the early morning hours in the U.S.) The RSI is rounding the corner. Also the 50 MA for the 4 HR time frame is just below. This could be a swing move.
Yes that box is the box I am in on my metatrader4.
XRP to the Next MoveSelling Pressure everywhere right now. Bears are pushing down every markets.
XRP is recovering but it didn't break at all his Bearish Downtrend for now.
Monthly looks good but short term looks weak.
if we not bounce right now. i recommend a safe buy around 0.24$, sell back around 0.35$ and wait for strong breakout.
i will post a far view to make you understand where we are.
Remember that patience is the key.
Happy Tr4Ding !
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2139). if so, traders can set orders based on Price Action and expect to reach short-term targets.
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 70.
Take Profits:
TP1= @ 0.24653
TP2= @ 0.28490
TP3= @ 0.34010
SL= Break below S2
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2698). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRP/U.S. Dollar is in a uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.3400
TP2= @ 0.3790
TP3= @ 0.5095
SL= Break below S2
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2188). if so, traders can set orders based on Price Action and expect to reach short-term targets.
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 65.
Take Profits:
TP1= @ 0.2521
TP2= @ 0.3278
TP3= @ 0.3785
SL= Break below S2
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183)
Ending of entry zone (0.148)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2300
TP2= @ 0.2805
TP3= @ 0.3300
TP4= @ 0.3800
TP5= @ 0.4240
TP6= @ 0.4800
TP7= @ 0.5700
TP8= @ 0.7615
TP9= @ 0.9145
TP10= @ 1.37050
TP11= Free
There is a possibility for the beginning of an uptrend in XRPUSDTechnical analysis:
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183)
Ending of entry zone (0.148)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2300
TP2= @ 0.2805
TP3= @ 0.3300
TP4= @ 0.3800
TP5= @ 0.4240
TP6= @ 0.4800
TP7= @ 0.5700
TP8= @ 0.7615
TP9= @ 0.9145
TP10= @ 1.37050
TP11= Free
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2236). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.2495
TP2= @ 0.3145
TP3= @ 0.3800
SL= Break below S2
DANGER for XRP TODAY (waves) 19.11.2019For the Ripple price, we are considering a scenario with a fast rise of price in the losal wave (s).
Purchases can be viewed from current levels with take profit of 0.35, and stop loss at 0.22.
In general, the picture changed and the structure for growth was broken.
Expect a decline in the medium term to the level of 0.17.
HOT! Ripple! Update 06.11.2019Hello friends!
Our past trading idea for XRPUSD is relevant.
We are waiting for the completion of the initial wedge model, local correction and the continuation of the fast recovery cycle of the XRPUSD price after long correction.
The mid-term goal is at the level of 1 USD (on a logarithmic scale).
The long-term goal is at the level of 25 USD and higher (on a logarithmic scale).
Subscribe to our TradingView page and stay tuned for analytics from our team.
Thanks for watching, subscribing, commenting and likings.
Good luck to all!
XRP Technical Analysis:3 Things You Must KnowConclusion for today's Ripple Analysis: A close above ~$0.41 implies more bullish action in XRPUSD.
XRP technical analysis for today is carried out on the Daily timeframe using a log scale. Chart patterns are examined, as well as the 200 day moving average plotted to help in providing guidance for future price development.
Three (3) key points to keep in mind moving forward into the week of October 27, 2019 are the following:
(1) Bearish trendline: Peaks in XRPUSD on April 23, 2019, September 21, 2019 and June 22, 2019 are used to draw its bearish trendline that provides a point of reference for price and also context. A close above the bearish trendline can be employed as part of a very conservative strategy to enter long (buy) trades.
(2) 200 Day moving average: This also provides additional evidence for the current bearish swing in the price of Ripple (XRPUSD). The slope of the moving average flattening out (i.e. zero) implies indecision, and therefore requires monitoring for future development of price action.
A change from zero to positive slope is evidence of renewal of bullish strength in Ripple.
Therefore, price closing above the moving average is a good sign for continuation of bullish strength with the next challenge anticipated at the bearish trendline.
(3) Bottoming price action in XRP: August 15, 2019 and September 24, 2019 saw XRP fail to follow through with its bearish momentum and a lack of price close below ~0.22. The most recent test close to the 0.22 price level occurred on October 23, 2019 with price eventually resolving to the upside. A bullish swing in price is therefore implied, while price closing below ~0.24 diminishes the chances of higher prices.