XRPBTC
XRP/USD - Back into the pennant... is this a stablecoin? 🤣 Similar to ADA, Ripple also suffered a sharp drop from the descending triangle. Overall, XRP disappointed with a 2.6% decline over the past seven days. The support at $0.96 held, and the price bounced back into the blue pennant. This brings us back by a few days as XRP will again need to decide which way to go. A break above the pennant can take it quickly to $1.2, which acts as resistance.
A break of the pennant can be expected early next week. If the overall market remains bullish, XRP has a good chance to try an escape and move higher.
However, the daily timeframe indicators are not that encouraging, and XRP needs to move higher to change the bearish bias on the MACD. There is some hope since on lower timeframes, such as the 4-hour, the MACD did a bullish cross yesterday, but volume continues to disappoint. Volume can be interpreted as the quality of the price. The higher the volume, the higher the confidence in a particular price. Confidence in XRP price right now is rather low.
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$XrP Appears ready to really take off! 7x possible. 700% Upside!XRP has been strugling since Feb 2018 with this Bitcoin resistance. It appears just about ready to take off, making the previous 2 week bull run look like a walk in the park.
If this plays out at current BTC pricing we are looking at XRP reaching $14-15 with a possible $19-22 in play!
This is a risky trade and not financial advice!
I am going to trade it!
XRP Sell the downtrend.Ripple - Intraday - We look to Sell at 1.109 (stop at 1.133)
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.110.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.038 and 1.018
Resistance: 1.100 / 1.150 / 1.200
Support: 1.050 / 1.000 / 0.960
XRP - is going to break this trend line 🚀🚀Many people have asked for an analysis of XRP. You can see two trend lines on the chart. One global and one local. The price is now squeezing near the local trend line. And it is likely that it will break it soon. Then the price will approach the next trendline, which is strong resistance. There could be a good buying opportunity after the breakdown of the trendline.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
XRP Loading up for a big move! Here's a quick Look at XRP 6 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.22$
2. 1.3$
3. 1.4$
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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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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
XRP and the Interesting weekly RSIWhat do we have here?? XRP vs BTC chart on the weekly. The weekly RSI is telling me something different from what the SEC lawsuit is trying telling me. Although the scare of the lawsuit broke the divergence {that ultimately formed another one} it seems to have recently been restored to the long term trend. XRP has formed a lot of strength against Bitcoin and looks to be ready to make it's move.
Always invest with with lowered risk! There is no such thing as no risk.
XRP > Waiting for a Breakout! Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of Ripple.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XRPUSDT Technical Analysis⏳ Spot
💎 XRPUSDT has formed a symmetrical triangle and also has been moving along the ascending channel. If the breakout happens after the retest we will a Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.0990 - 1.045
☕️ TP1 1.1510
🍺 TP2 1.2222
🍻 TP3 1.3737
🍾 TP4 1.6100
🚫 SL 1.0000
Good Luck 🎲
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XRP/USDT 4HOUR UPDATEWelcome to this quick xrp/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-xrp/usdt is bullish falling wedge retest conform
Entry:- cmp and buy the dip
Traget:- 5% to 10%
Stoploss:- $1.10
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
XRP Price and date rangesWith BTC stealing the show the past few days breaking its previous ATH its only a matter of days until the beast is unleashed. This chart shows us some importanat timelines and dates that I personally think we will see XRP move the upside.
Will the SEC shake out the weak hands before lift off OR will it crush the price. One thing I have learned over the years is that if the government say to do one things - do the opposite and you will be right!
Lets see a strong finish to Q4. We need to close above $1.2 and I think this should happen by OCT 23rd.
Have a great weekend!
Wait for the big move! XRP is loading up for a bigger move!Here's a quick Look at XRP 6 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.22$
2. 1.3$
3. 1.4$
-------------------------------------------
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."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
I'm Pretty Bullish on XRPUSD my active thoughts for XRPUSD and XRPBTC
I believe XRPUSD will experience extreme growth
Hence the very bullish bars pattern placed (its just a guess)
Being so close to the horizontal line on XRPBTC is great because it suggest price will be rejected bullishly as this in history has been a point of rejection
Hodl strong XRP army, your time is coming too