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Xrpusdshort

XRPUSD potential reversal! XRPUSD expected to rise up to 1st resistance at 0.27040 where it could potentially react off and drop down to 1st support at 0.23110. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDShort
by Pepperstone
2
XRPUSD bounced from support, potential for a further rise! XRPUSD bounced off 0.23110 where it could potentially rise further to 0.27040. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDLong
by Pepperstone
1
XRPUSD approaching support, potential for a further rise! XRPUSD approaching support at 0.23110 where it could potentially rise further to 0.27040. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDLong
by Pepperstone
2
XRPUSD bounced from support, potential for a further rise! XRPUSD bounced off 0.24363 where it could potentially rise further to 0.27040. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDLong
by Pepperstone
XRP is getting crushed. Weekly wedge rejection candle, dump downAlthough the whole Crypto markets are dumping with Bitcoin. The XRP is clearly getting sold off.. rather dumped on the markets. Probably by new deals from Ripple who get XRP and sell it for Fiat to run new businesses. Maybe new businesses will use advantages of XRP. But most of it will be exchanged for Fiat. As XRP only has a small short quick holding time to exchange this won't drive price up. Looking for XRP to move lower from here, until weekly outlook changes, this doesn't look good for the XRP holders.
BITSTAMP:XRPUSDShort
by TradeReact
XRPUSD approaching support, potential for a bounce! XRPUSD is expected to drop to 1st support at 0.25700 where it could potentially react off and up to 1st resistance at 0.28725. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
BITFINEX:XRPUSDLong
by Pepperstone
XRP Price Analysis - $0.28 Support Failed Relative Strength Index: The RSI is currently at a healthy 45 points. It has stayed mostly within range the past week meaning that the same trend will most likely continue. Even through the RSI is healthy, the market still seems to be on a downward trajectory. Bollinger Bands: The price is currently within the bollinger bands after crossing below the lower band a few hours earlier. We have been seeing the price continue to gravitate toward the lower band since it has been on a bearish move ever since peaking at $0.32. Volume: It looks like the volume is starting to pickup compared to what it was last week. Moreover, with the new week ahead of us we should expect an increase in volume in the next 24-48 hours. Ripple's XRP Price Prediction The RSI is healthy, the price is within the BB range and volume is low. This usually means that the market will continue to trade sideways. However, if we look at the big picture and take into account current events, we can see the market is definitely in a bearish phase. Moreover, XRP was unable to hold the $0.28 support level and is currently looking for a new level. In my yesterday's XRP price prediction, I predicted that: "the most likely scenario is more bearish momentum in the coming days. XRP has massive support at the $0.26 level, so my prediction is that XRP will touch that point sometime next week, and depending on any more news regarding the SEC lawsuit XRP will either rebound upwards or continue trading at that support level." It looks like this is exactly what's happening as XRP will most likely test the $0.26 support sooner than I expected. My prediction for today is that XRP will touch the $0.26 level and bounce up to $0.27 or $0.28 from there. The SEC lawsuit is sure to bring bearish pressure, but at the end of the day their lawsuit doesn't have effect on the tech behind XRP, which is what gives the currency most of its value. Read Full XRP Price Analysis : The Merkle Hash
BITFINEX:XRPUSDShort
by nulltxmark
XRP Price Analysis - SEC Lawsuit Creates Bearish PressureRelative Strength Index: The RSI is currently at a healthy 41 points. This means the market is neither overbought or oversold, meaning most likely XRP will continue trading sideways for the next day. Bollinger Bands: The price is within the bands' range, however it's below the MA which means that there is slight room for upwards correction. Volume: There is a good amount of volume, even for the weekend which is surprising. This means that the market has enough power to make some moves in either direction. XRP Price Prediction Both the RSI and Bollinger Bands are signalling a sideways market. However, the volume tells us that movement in either direction is not unlikely. Combine the above signals with the bearish news about the XRP lawsuit and the most likely scenario is more bearish momentum in the coming days. XRP has massive support at the $0.26 level, so my prediction is that XRP will touch that point sometime next week, and depending on any more news regarding the SEC lawsuit XRP will either rebound upwards or continue trading at that support level. I don't see XRP dipping below $0.26 unless the SEC decides it's a Security. Read Full Analysis : themerkle.com
BITSTAMP:XRPUSDShort
by nulltxmark
XRPUSD formed a bearish gartley | A good short opportunityWith the formation of bullish gartley pattern which I have published in my previous below idea: The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah. But MACD is strong bullish and Stochastic is also bullish and did not give bear cross sofar moreover the Volume profile of complete pattern is showing that the traders are still interested to trade above the potential reversal zone but not above the resistance line. So for secure trade we can wait for MACD to turn weak bullish from strong bullish or for Stochastic to give bear cross then by and the PRZ area or the resistance line can be used as stop loss in case of complete candle stick closes above the PRZ or resistance, coz if the resistance or PRZ will be broken then D leg can be extended from 1.27 to 1.618 fibonacci to form a bearish butterfly pattern and this gartely can be invalidated. I have used Fibonacci sequence to set the targets: Sell between: 0.25975 to 0.26308 Re-Buy can be between: 0.25713 to 0.25083 Enjoy your profits and regards, Atif Akbar (moon333)
BITFINEX:XRPUSDShort
by moon333
4