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Xrpusdidea

A complete review of the popular Ripple currency in Elliott stylAccording to the complete review I did on the previous rising trend, I came to the conclusion that this rise was done during a complete wave (ABC). as a result : We have to wait for the completion of a full 5 waves. According to my research, we are now in wave 3 of decline. Wave 3 itself is an extended wave and 5 waves, which has already completed 3 waves out of 5 waves and we are currently making wave 4 from wave 3. This wave is erosive and with many fluctuations. Wave 4 itself moves in the form of (ABC), which is currently being created as wave (A). Make the most of the fluctuations of this wave. Note: This trend is a trend (ND.A), so if you use Fibonacci, the safest level to take the price floor is 50%. In this trend model, we see high volatility and large price shadows, so if you use 50% fibo, set your loss limit to 83%. (be successful and profitable)
Long
by Ali_Mozafarie
2
XRP/USD (D1) - Technical Analysis IdeaCurrently we can see a lot of infos on social media saying that the current market price are now going to the moon based on the recent news regarding the SEC vs Ripple but.... based on supply and demand tech analysis, it really doesn't look like the price is "comfortablely lifting off". Yes, anything can happen but we really need to see candles like Apr 20th 2021 that really have that strong momentum (when all the P.O are filled) and price just when up without any sign of compression or long wick rejections from the supply zones. It MIGHT reject at the D1 supply zone (ref to current price on chart-just above it, there is supply zone). Btw, pls ref to AT LEAST Daily time frame if we really need to analyse whether price will go to the moon or not. DO NOT look at H1 or (even worst) 15min time frame and said, "look, bullish candlestick! it's going to the moon! 4digits XRP percoin, Hooray!!!" ~~~Pls..., don't do that. I've seen this a lot since last year. U really make your self look stupid on social media. *** Disclaimer: not financial advice. For entertainment and educational purposes only.
BITSTAMP:XRPUSD
by Sany_Harun