XRPBTC
XRP Still Fighting to Hold Crucial Support!!!It looks as though $0.784 has been the last line of defense for XRP.
As long as we keep closing above this support line, XRP is in good condition.
Any bullish move from this point on should take us back up to the $1.04 resistance fairly quick.
If we can clear $1.04 and hold as support, XRP should be continuing its next bull move and a retest of previous local top near $1.98.
- CA$HLESS
XRPUSDT Ripple - Descending Triangle-We have 3 touches at the bottom and 2 touches at the top of the triangle.
-Descending patterns are usually bearish signs, but there is a chance to interpret this patttern as a descending wedge, which is bullish.
- Volume is decreasing, which leads to explosive moves in the future.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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-Keep this triangle in mind if you are in a long position.
-Also check my idea about XRP - Road to 100 USD below.
XRP ranging what could be the next legCurrently XRPBTC pair is showing some support on the 2250-2300 sats levels. This is proven to be a support previously and is continuing now. However, on the short term, we could see another drop off the test the support zone market with the rectangular. As this zone is less tested and we need to confirm it as a support too. Additionally, this would be a finishing move from the crash structure perspective and we could be looking to a move to the upside. As the MACD indicator is showing signs of a bottom, and the volume is steadily decreasing for the last few days this well may be a turning point in the cycle. Will keep an eye on the indicator and update this idea accordingly.
Is #XRP About To Pull A #DOGE? Comparative Analysis: DOGEUSD has had an unthinkable bull run in 2021. With Memes, Elon's Tweets & No Utility. Doge 100xed and much more.
Now If you consider the fact that #DOGE has Integrated with Flare this may explain the rally, but still at this moment #DOGE offers nothing for its holders & community other than gains.
Now imagine what #XRP could do.... The world's most eco friendly crypto with the cheapest and fastest transactions.
These simple facts lead me to believe #XRP will have a tremendous Future, and I would assume catchup & outperform #DOGE in the mid/long term!
DYOR,NFA, Comment Below With Any Questions About This Idea, Follow For More!
XRP in accumulation XRP / USDT
There is a chance for xrp to go in accumulation range between Support and resistance for some time before breakout to any way
The good signs are strong monthly Support and uptrend line still hold so we are technically bullish and bullish scenario is more likely
However if bulls loss monthly Support then more longer time of accumulation at deeper zones is expected
for short term traders the best strategy is buy at Support with strict stoploss and sell around resistance
Best of luck