Is XRP loading up for a big move? Wait for the breakout!Here's a quick Look at XRP daily chart . As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above 0.922$ with good amount of volume . Definitely one to keep an eye on.
The market is shifting, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 0.922$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.19$
3. 1.34$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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XRPBTC
xrp pattern formation bullish biasXrp almost breaking out of bullish structure
when we breakout aspect rise
to and test the high
coming weeks/ months with upcoming news events
for my longterm play
u should see my other chart to
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XRP is going to explode soon!Good Morning Guys,
Today we take a look at the xrp chart. We are still in the sec case and we all expect a lot of volatility if it ends. But for now, we see a rising in the xrp and xlm price charts and it even performs better then btc.
So take it on your watchlist and remember this coins does NOT have a bull run up until now. So enjoy and take care.
Best Regards
XRP COULD REACH AROUND $100 (£76) BEFORE 2023!!- As we can see XRP is still hovering around the long term trend line!
- Previously when we broke below that trend line we saw a 30,000% move and a 700% even after the lawsuit!
- QUICK REMINDER: KIN COIN ALSO GOT SUED, IT SHOT UP AROUND 12,770% IN 168 DAYS!! LET THAT SINK IN!!
- NOT FINANCIAL ADVICE (PLEASE DO YOUR OWN RESEARCH)
XRPUSD BEARS BACK IN ACTIONLast year August, Down to November and January this year, i bagged XRPUSD using a swing trading strategy, i am not a moon fan, so i did not get in on the Bull run rather i was waiting for entry to retest my sell zone and here we are 2 months later, price seem ready for action and bears are about to take over... ignore social media noise if you trust my analysis and bag with proper risk management..
I wish everyone a successful month ahead, this trade could last for weeks, so bag without FOMO. stay STUCKINPROFIT
XRP ARMY GET READY!!- We are so close to breaking out guys, keep holding your bags and as we reach £5, £10, £15 and potentially £20+ sell small portions of your bags to take profits!
- £5 - 5%
- £10 - 10%
- £15 - 10%
- £20 - 10%
- £30 - 10%
- £50-80 (if we go that high) 20-30%
- HOLD the rest of your bags for full blown utility!!
XRP/USD LONG SET UP (HODL)(UPDATE)XRP LONG SET UP
Support: $0.83500/$0.80500/$0.78500/ $0.7460/ $0.72500/ $0.68500/ $0.64500-$0.62500
Resistance: $0.8500/ $0.88500/ $0.92500/ $1.0300/ $1.14500/ $1.29500/ $1.48500/ $1.68500/$1.74500/
XRP price has momentum building for a bullish breakout
XRP price already looked ready for a breakout on Thursday, but the tail risk of Biden being in europe for several meetings around Ukraine weighed on bull’s appetite to perform. Instead, XRP price is continuing its consolidation with lower highs and higher lows as buyers and sellers are pushed towards each other. It is just a matter of time before a breakout happens, and expect that to be in theform of a rally as global markets, particularly the Nasdaq, are on a winning streak that should provide additional support to XRP.
Ripple price will face first $0.8791 on its breakout, a historic pivot level that goes back to the end of November.
It bears specific importance as on previous occasions, the candles have either broken through it quite clearly, or each time only the wick of the candle made it through,
but the actual body of the candle was unable to either close or open above or below it.
From there, the jump to make is not that far anymore towards $0.90, with the 200-day SMA just above at $0.9090.
MAJOR NEWS CAN CAUSE A PULLBACK
XRP LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on XRP as price shifted the market strucutre from bearish into bullish making the bullish BOS above the last high. A good area for me to enter this trade is somewhere around 0.70000 institutional figure when price will make the retracement lower.
What do you think ? Do you agree on that ?
XRP (XRP) - March 27Hello?
Traders, welcome.
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(XRPUSDT 1W Chart)
Resistance: 1.0717-1.1888
Support: 0.4865-0.6036
If the price is maintained above 0.8377, it is expected to turn into an uptrend.
(1D chart)
To ascend in the 0.7788-0.8731 section
- You should check whether the green width of the OBV in the volume indicator is increasing and the center line is rising.
- In the CCI-RC indicator, you need to check whether the CCI line shows an upward trend above the EMA line.
If the price holds above 0.7788, it is expected to turn into an uptrend.
However, if it falls below 0.7788, a short-term Stop Loss is required.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XRP Fireworks SoonOn left XRPBTC has dropped from a previous resistance and later reestablished support trendline. This is the monthly timeframe .
All timeframes are becoming more and more bullish , the daily a good example, with a bullflag priming itself right above the bottom support line, ready to move up
I have added XRP based on its position right now, the fabled bull days are within reach
XRP Double digits this year is possible- I personally believe that when the lawsuit for RIPPLE is over, the price of XRP will move but not by a lot straight away.
- Just like CRO (crypto.com) did, it was heavily being advertised on F1 cars and UFC rings and the fighters where also wearing the t-shirts with crypto.com advertised on it.....however the price of CRO did absoulotlly nothing.
- So my point is that the company and the stock/crypto doesn't move together, think of it as a lag between the 2 and eventually when the market picks up the prices in crypto skyrocket, as this is crypto not the stock market!