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XRP (XRP) - November 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (1W chart) - mid- to long-term perspective Above the 0.51383 point: expect the uptrend to continue 0.71097-0.88410 or more: Expected to create a new wave. (1D chart) First resistance section: 1.07222-1.18894 Second resistance section: near 1.53490 point First support section: near 0.83878 Second support section: 0.48862-0.60534 If the price holds above the 1.18894 point, it is expected that the uptrend will continue. However, the uptrend is expected to accelerate only when the two mid- to long-term downtrend lines are deviated. Therefore, the uptrend is expected to accelerate when it rises above the 1.53490 point. The first resistance section is an important section, and if it declines in this section, it can fall below the 0.88410 point, so a short-term stop loss is required. However, careful trading is required as it can rise with support in the volume profile section formed in the 0.71097-0.88410 section. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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 the sake of 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.)
BITFINEX:XRPUSD
by readCrypto
1
XRP is about to break the long-timed pattern, pump is on the wayin adaily chart as you can see it is stuck in the edge of the triangle, it is gonna break it. For now it has more potential to break upward than downward. IF it breaks up it will have 2 resistance where you can slightly take some portion of your profit. First stage is 11% 2nd stage would be more profitable approx. 33%. Bollinger Bands is also stuck, so it support the way where XRP might go RSI is high but could be higher with the pump :)) Good Luck NOT FINANCIAL ADVISE just educational purpose
Long
by Borchali
5
XRP PARABOLIC = Coinbase Listing = MOONMartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space. Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging money ALT SEASON IS NOW - DO NOT BE LEFT BEHIND ------------------------------------------------------------------------------------------------------------------------------------------------------------ If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below ------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by MartyBoots
24
XRP - is it going to break this trendline❓😲I don't know if you've noticed, but for some reason nobody is talking about XRP right now. But that's normal, it always has been and always will be. If you are new to trading, please don't buy assets that are already very much up and talked about everywhere. Buy when everyone is silent, when the asset is at the bottom, along with the big players. You can mark a trend line on the XRP chart, the price consolidates for a long time and approaches the trend line. This is a signal for a breakout and rise. There could be a good buying opportunity after a breakdown of the trend line. In case of false breakdown, close the position. And of course don't forget to subscribe to our tradingview and other platforms, leave the name of the coin you want us to analyse in the comments. 💚
Long
by AlexWhale
2
XRP/USD BULL RUN (INVERSE H&S PATTERN)Support: $1.10/ $1. 05 / $1.00/ $0.9800/ $0.90-$0.88500/ $0.8200- $0.78500/ $0.7460/ $0.68500/ $0.64500-$0.62500 Resistance: $1.14/ $1.20/ $1.24650/ $1.3050/ $1.35/ $1.40-$1.42500/ $1.50/ $1.6450/ $1.70/ $1.76/ $1.86500-$1.88500/ $1.96-$2.00 What is Inverse Head And Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. KEY TAKEAWAYS An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends An inverse head and shoulders pattern, upon completion, signals a bull market Investors typically enter into a long position when the price rises above the resistance of the neckline Ripple’s XRP would need to move back through the $1.1123 pivot to bring the first major resistance level at $1.1546 into play. Support would be needed, however, for Ripple’s XRP to break back through to $1.15 levels. In the event of a broad-based crypto rally, Ripple’s XRP could test resistance at $1.20 levels before any pullback. The second major resistance level sits at $1.1958. Failure to move back through the $1.1123 pivot would bring the first major support level at $1.0711 into play. Barring another extended sell-off, however, Ripple’s XRP should avoid sub-$1.05 levels and the second major support level at $1.0288. The 38.2% FIB of $1.0659 should limit the downside
BITFINEX:XRPUSDLong
by MavRich_Trading
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. Like and follow if you liked this idea!
Long
by DU09