#XRPUSD#Ripple, The bearish trend is still hereA clear resistance line at $ 0.3350 and a clear support line at $ 0.25.
Last week the xrpusd made a nice attempt and moved towards the resistance line but was unable to break and since then it has only been in decline.
According to the Stochastic, xrpusd can continue to decline.
The xrpusd decreases in the daily, weekly, and monthly graphs, showing a clear downward trend
Target: $ 0.25
Xrpusdshort
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)
XRP - giant cheatingThere was a puncture level! the price means to go even lower to 0.20
Pending orders can be placed starting from 0.25 cents
It will be very scary for cholera when we break through the level of 0.15
This is a market, the weak perish in the market.
currently expect a rebound to 0.30
XRPUSD approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.23681 where it could potentially react off and up to 1st resistance at 0.29998.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XRPUSD approaching resistance, look out for potential reversal!
XRPUSD is approaching its resistance at 0.29998 where it is could reverse down to its support at 0.23681.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Short this S-coin to 20 cents. Absolute pump and dump garbage.It's been very obvious for a long time where this coin is going and that is 0 cents. It has all of the characteristics of a penny stock during the dotcom crash. Great coin with potential utility but xrp really destroyed themselves by resting all of their business revenues on the pumping and dumping of this token. There are things they shouldn't have done in retrospect. They shouldn't have given themselves unabated power over escrow, and their whole business model shouldn't have been made dependent on the value of the token to begin with. Very sad situation unfortunately.
Is this the end of XRP?Are we fucked? Ripple is taking too long, other big tech companies are seeing what cryptocurrency can do, and now we have the zuck trying to be the big global leader.
Facebook cryptocurrency is also reportedly supported by:
Blockchain
Coinbase – cryptocurrency wallet and exchange platform
BisonTrails – infrastructure-as-a-service company. Its platform enables a variety of features including staking, validating, voting, transacting and securing blockchain protocols
Xapo – cryptocurrency custody provider
Anchorage – custodial service for digital assets
E-commerce
Ebay – e-commerce corporation that enables consumer-to-consumer and business-to-consumer sales through its website
Mercado Pago (MercadoLibre) – Argentine e-commerce site incorporated in the U.S. with an online marketplace and auction
Farfetch – online platform for luxury fashion
Investment firms
Andreessen Horowitz – venture capital firm founded by Marc Andreessen and Ben Horowitz
Union Square Ventures – venture capital firm based in New York City
Creative Destruction Lab – seed-stage program for scalable, science-based companies
Ribbit Capital – venture capital firm that invests in early-stage companies
Thrive Capital – venture capital firm focused on internet and software investments
Nonprofit
Women’s World Banking – uses a network of 40 independent micro-finance institutions and banks provide support to entrepreneurs in the underdeveloped world with an emphasis on women
Kiva – 501 non-profit organization that allows users to lend money to low-income entrepreneurs in over 80 countries through its platform
Mercy Corps – global humanitarian aid organization that provides support to regions hit by disasters, whether they be economic, environmental, social or political
Payments
Visa – payments technology company
Stripe – technology company where businesses can send and receive payments over the internet
PayPal – operates a worldwide payment system
PayU – assists online businesses with accepting and processing payments
Mastercard – global payments provider
Ride-share
Lyft – transportation company that offers ride-sharing
Uber – ride-sharing platform
Social Media
Facebook (Calibra) – subsidiary Facebook created for Libra
Telecommunication
Vodafone – British multinational telecommunications company
Illiad – French provider of telecommunication services
Booking Holdings – provider of online travel