Xrp 0.31 cents is now bigtime support!Hate to see the bad 🐻's giving people terrible advice.
Considering that we had a relatively large recovery from the big liquid sale just recently, a bottom has been created for Xrp. It just doesn't make sense to remain bearish, especially in a consolidating current timeline.
In light of this huge support at 0.31 cents.. in my opinion Xrp may never see below 0.31 cents again. This leads me to believe that Xrp has only upside potentiality, and still more of that liquidity sales drop to recoup. Therefore we should be bullish. Cheers to the upside 🙂
Xrpusdanalysis
XRPUSDTPERP - Re-accumulationIf from the current price the buyer will not be able to break through the local resistance for further movement, we are looking for an entry point into the long at the lower boundary of the range. On the chart after the breakdown of the trend and the formation of the range, we see that the spread is narrowing and the volume is falling, which tells us about the absence of large sales.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Crucial moment for XRP?Checking on a daily perspective, we're currently at a crucial moment if its going to make a pullback. As I see it, we're forming a bullish pennant pattern on a day chart but checking on an hourly chart, there's a head and shoulders pattern which may negate the bullish pennant and pullback to somewhere around 0.38 before we can test again to the upside. I'm still overall bullish on Anyway we need to watch these week how it goes.
P.S I am a beginner and just wanted to share my thoughts to improve myself in doing TA. Advice will be appreciated. Thanks!
XRP/USD Multi-Timeframe analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Ripple - possible buyer's test.Resistance did not allow the price to accelerate above the local highs. This was followed by a breakout of the local trend line. Resumption of purchases is possible from the support area. If the test is not successful, we expect a breakdown even lower.
If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
XRP/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ XRP/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.4965 - 100.0% (51.95664 USDT)
Take-Profit Orders:
1) 0.5356 - 80.0%
2) 0.5631 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
XRP - Intends to break resistance.
The chart has approached the resistance zone, in this case we see the weakness of the buyer, it is possible to reduce the price to the nearest support zone for further resumption of buying.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Will XRP rise to 0.7?After the break above 0.4 resistance, XRP has corrected, confirmed the break as a real one, and started to consolidate in a symmetrical triangle.
Now the triangle's resistance is broken and, with the pressure lifted from the crypto market, a new leg up can follow.
The recent high offers resistance and a break also above this high would expose important 0.7 zone.
I'm bullish as long as 0.4 is intact
XRP - Buying SignalBYBIT:XRPUSD
4H time frame
-
XRP broke the symmetrical triangle today and already retested the downtrend, which means a support signal.
With bullish perspective, we define resistance from 0.52 to 0.535, that's also highs with certain volume.
-
Entry: 0.48
Add: 0.468
TP: 0.51, 0.52, 0.535
SL: 0.4625
Ripple - the situation on the chart speaks for itself.If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
XRPUSDT LongAfter the price broke out of the pennant, it formed a bullish momentum thus a highest price @0.56.
The price has formed a falling channel, which might be a strong indicator of a bullish momentum. Let us wait for it to break out and retest the zone.
Entry after retesting - 0.495, Stop loss @0.46, Tp1 = 0.53, Tp2 = 0.565 , and Tp3 = 0.6
R: R is 1: 3
Remember, risk 1-2 % of your account.
Ripple - positive dynamics + news background. Accumulation for 130 days ended with a successful test of purchases, followed by an exit from the trading range on the rising volume of purchases.
This instrument has all the prerequisites to start trending upward, and the news background is supporting the positive dynamics: the SEC and Ripple Labs have filed motions for summary judgment on a possible violation of the Securities Act. Plaintiff and defendant explained that the judge had sufficient information to do so.
The company's lawyers pointed out that the Commission had run out of arguments in trying to prove that the XRP sales constituted an "investment contract." The SEC noted that it was able to confirm this.
If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
2X $XRP 1D Tech. Analysis! (Pump Above $1 ???)XRP has been outperforming every crypto and stock in the past week! People are saying XRP is set to takeoff, and this is in correlation with the 2014 Pump. It is breaking out of a 3-month Range! Even though this might not happen due to the Odds, but its 2022. Never underestimate Crypto and the black swans in the market.
XRP/USD Multi-Timeframe Analysis !Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.