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XRPEUR

XRP/USD ($0.5 Area Strong Support?)💎Technical Analysis Summary💎 XRP/USD -The XRP bulls failed to claim above the $2 mark last April 2021 -After consolidating around $1.5 for a week, the market decided to go down -The price is back to the average and it is currently trading at the key interest zone -The $0.5 area is acting as a buying opportunity for long term investors for now -This region has been respected multiple times as support and resistance since 2018 -If the bulls can flip this area as support, I think a bigger chance to retest the $2 is likely -For now, we will have to wait at least 1-2 months if a form of the base will be established -As we all know, everyone is waiting for the big move of Bitcoin -We will be patiently waiting and be ready when the oppurtunity presents itself -Good luck and stay safe everyone! ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Correct Risk Management 💱 ``````````````````````````````````````````````
BITSTAMP:XRPUSD
by PolarHusk
10
XRP found support at the 2020 highs of $0.8282Key Support Levels: $1.00, $0.95, $0.8282. Key Resistance Levels: $1.05, $1.10, $1.25. XRP found support at the 2020 highs of $0.8282 over the weekend and rebounded higher to break above $1.00. It is now struggling to close a daily candle above $1.05 (bearish .382 Fib), but the bulls are battling to remain above $1.00. The resistance at $1.05 is starting to form an ascending triangle with the roof at $1.05. A closing candle above $1.05 (and $1.10) could set the stage for a bullish leg higher toward $1.30 (50-day MA) for XRP. XRP-USD Short Term Price Prediction Looking ahead, if the bulls break $1.05, the first resistance lies at $1.10 (20-day MA). This is followed by $1.25 (Feb 2018 highs), $1.30 (bearish .618 Fib & 50-day MA), and $1.52 (bearish .786 Fib). On the other side, the first support lies at $1. This is followed by $0.95 (100-day MA), $0.8282 (Feb 2020 highs), and $0.75 (.786 Fib). The RSI is now directly on the midline, indicating indecision within the market. For a breakout of the current ascending triangle, the RSI must break above 50 to indicate bullish momentum is returning to the market. XRP/BTC – Bulls Battle With 20-day MA Key Support Levels: 2660 SAT, 2400 SAT, 2260 SAT. Key Resistance Levels: 2800 SAT, 3000 SAT, 3360 SAT. Against BTC, XRP is now in a battle with the 20-day MA at around 2800 SAT. The coin found support at 2400 SAT over the weekend and started to rebound higher. On Monday, XRP managed to climb above resistance at 2600 SAT (50-day MA & bearish .382 Fib), and it continued higher to 2800 SAT. Since then, it has struggled to close a daily candle above 2800 SAT. XRP-BTC Short Term Price Prediction Looking ahead, if the bulls break 2800 SAT, the first resistance lies at 3000 SAT (bearish .618 Fib). This is followed by 3360 SAT (Feb 2020 high), 3783 SAT (Oct 2019 highs), and 4000 SAT. On the other side, the first support lies at 2660 SAT (50-day MA). This is followed by 2400 SAT, 2260 SAT (.786 Fib), and 2000 SAT. The RSI is showing weak bullish momentum. To pass 2800 SAT, the RSI must rise to indicate the bullish momentum is starting to gain solid control.
Long
by ZeltaPoint
XRP looks like it will run on top the next really! Look at XRP today. We are currently crossing our MA resistance and pumping our way higher to the next fibo resistance. So xrp has in the lást months a lot of problems with sec. It looks like we will see some news in the near future regarding the lawsuit. A good conclusion would instantly push the price to new highs. So keep in mind. we are up already 10%. Maybe cost average would be a good way to get the risk away. As always have a nice day and leave a follow for daily news
Long
by wallet_trading
huge symmetrical triangle I'm just learning and observing... comming up to 4 months of pattern recognision learnng, so it goes without saying I'M NOT A FINANCIAL ADVISOR So to me this looks like a huge triangle pattern, meaning we could see a new alltime high with this setup the momentum could be big enough to breach 2 USD mark and even higher than 2 EUR mark. But I would keep a werry close eye to the news since at this moment good and bad news with the lawsuit and all that could break the support/ressistance If I'm not seeing things right please tell me ;) TLDR : triangle pattern- possible scenarios: UP to 2 EUR, DOWN to 0.5 EUR. the result could be seen in 10-15 days if everything is quiet Alright have a nice day!
by esarvisplavnieks
2