XRPUSDT - Bearish Move Update!Daily - On a move to form a HL (Since the bullish move was quite Heavy its going to take the market sometime to find a good bearish move)
4H - Market is respecting our 4H pattern until now. Next move is from our LH to LL around 0.47865 price BUT 1H...
1H - BUT looking at the 1H, we could expect some pull back to 0.55 price level before making move to the KEYLEVEL at 0.47865
(Let's see which scenario 1H will playout and then we look for a Buy or a sell once market hit the KEYLEVEL).
Xrpshort
XRP Short - The trend is your friend!Going for a small move here in terms of the actual global trend.
We bounced from the higher trend line and I anticipate we may go back and retest the support level below around .5520. We may even break this and continue lower but I would rather take profits here and be safe. Everything is so uncertain at the moment.
xrp to 49 cents and even lower...from just few hours xrp has just touched the most respected resistance for Xrp since the last month ... it hadn't broke the yellow support resistance ever
therefore we can predict safely that the price is going for some more correction in few hours..
completely a safe trade
first short term target: 54 cents
second midterm target: 51.5 cents
third long term target: 49 cents
stop loss: 59 cents
$XRP XRPUSD seems to lose its juice because of #BTC Volatility Hello there ladies and gentlemen, BulloTaurus here with fresh market analysis.
This time i will go through Ripple chart and explain why i am bearish on this cryptocurrency, actually it does not have much in common with crypto as you know, but this is another story....
Well, we saw amazing volume and upward movement in November that broke the long downtrend it had across past years.
As you can see at previous massive Ripple movements you can find very interesting patterns, it moves fast and retraces perfectly to Fibonacci Retracement zones.
Based on VPVR indicator we don't have much support either till T1 (Target 1) levels.
Another factor that makes me short Ripple is the decreasing volume.
Holiday season will also affect lack of liquidity and buy pressure.
MACD shows signs of downward movement as well.
The only hope for XRP is some Christmas Miracle.
Don't get me wrong, i love Ripple, especially the gains from trading it (especially shorting ....HA!)
You should be positive to be profitable in your trades, but to be honest, Ripple has very good chances to reach 1-2$ in 2021, a healthy correction will boost more juice in the order books.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
XRP/USDT 4h going bearish the mountain formation is completed and due to price action method its going be bearish for now so no profit in buying for now but stay tuned I will let you guys know how to do magic with classic indicators and price actions :)
you can earn $$$ with these methods in no time
Analysis XRPUSDsell range: 0.86906
Targets: 0.78939- 0.70972- 0.63005
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.94873)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.86906(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
XRP/USDT 1 hour chart Ascending Triangle
Looks to be throwing a ascending triangle that was entered from the above the triangle which signals a drop after a slight pump in to a descending scallop then down to bounce off the triangle up then fall past the apex of the triangle. The pump from the triangle will not exceed the support levels at the bottom of the HCR(Horizontal Consolidation Region) that the PA fell from to create the current pattern.
Starting at the current spot we should see a Impulse Grand Super Cycle ABC wave followed By a Impulse Minute 5 wave, Corrective Minute 5 wave, Corrective Minute ABC wave With an overall higher time frame pattern starting the downtrend with a Minor Corrective Minute ABC wave.
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$XRP Q4 Technical Analysis | WATCH THESE LEVELSSTRONG Technical Analysis on XRP/USDT $xrp
Strong Levels To Watch:
Support Level:
$.236, $.263, $.282, $.327, $.349, $.38, $.479
Resistance Level:
$.261, $.28,$.304, $.326, $.348, $3799
Recent XRP News:
Ripple donates $10M to Mercy Corps during annual Swell conference - During the annual Swell conference, Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on developing financial inclusion in emerging markets.
Mercy Corps is a non-governmental, humanitarian aid organization that aims to create economic opportunities in countries where the financial system isn’t operating properly. The organization claims to have assisted over 220 million people survive various humanitarian conflicts.
Pro Super Smash Bros player to receive a salary in XRP - More gamers around the world are moving into crypto.
Kengo “Ken” Suzuki, a professional player of crossover action fighting game Super Smash Bros. Ultimate, or SSBU, has signed a contract with SBI e-Sports, the gaming arm of Japanese financial giant SBI Holdings. Ken is also considered to be the world’s best Sonic player.
Trust The Chart | DotcomJack
Analysis- XRP/BTCHello friends.
Some thoughts about former king of pumps 🙂
Why do all XRP / BTC charts look like crazy drawings?
It shone so brightly in 2017 that people still hope and expect this “rocket” will fly.
- But in fact, it has been the weakest and most boring altcoin of the top 10 over the past two years.
- It declines only and cannot find solid support against Bitcoin.
- Maybe at 1500 Sat. it would be able to stop in its endless fall? We'll see.