Xrpusdshort
XRPUSD approaching resistance, look out for potential reversal!
XRPUSD is approaching its resistance at 0.32894 where it is could reverse down to its support at 0.28193.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Get ready to short XRP down to 22 cents. Based on the 0.236(0.32898) fib and current bearish trend in conjunction with btc rise in market cap dominance (potential retrace in usd), get ready to short xrp down to 22 cents which is the bottom level of support and what the whales have been trying to achieve for a very long time for accumulation purposes.
XRP USD : Buying opportunity Once BTC bottoms out!Hello guys,
Another daily update, this time on one of the top cap altcoins XRP.
It doesnt matter how strong the support is laid for any altcoin, as long as BTC is falling all supports for
altcoins are negated.
Best buy zone is pointed out in chart, which I thing must correspond to BTC bottom.
Also checkout my previous ideas:
Follow me for more signals
Cheers!
W bottom — XRPUSDencrypted-tbn0.gstatic.com
W bottom spotted on XRPUSD clearly a great opportunity for a short to mid position now would be the time to make an entry.
Please read the disclaimer from previous post.
Target TP 1 & 2 (SHORT/MID) && STOP lines on chart.
Trade safe all! Cheers. Peace.
@a1mtarabichi
I am finally bullish on XRP! This is a perfect long entry. I am no longer bearish on XRP/BTC. 95% of my calls out of about 20 on XRPBTC have be correct so far. I believe that many bullish indicators are playing out, including an XRPUSD / XRPBTC convergence, prolonged uptick in volume, ridiculously prolonged oversell on the RSI, as well as the recent bull run in BTCUSD all indicate that XRP is due for a nice rally.
Rally probably won't happen straight away, so expect an initial rally up to 0.00004200 and then a correction back down to 0.00002800. Already made a tonne shorting xrpbtc so hopefully we can make some profits on the upside.
Negative trend, again? #XRPUSD #RippleIt is important that the daily candle finishes above the moving average 200 (the yellow line in the graph above)
The interesting and negative thing about this case is that the Ripple did not rise as Bitcoin rose but on the other hand it is falling because Bitcoin is falling.
The Ripple dropped below the Ichimoku cloud which is a bearish sign.
Target: 0.29
XRPUSD approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.32787 where it could potentially react off and up to 1st resistance at 0.37053.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Let's just appreciate how bearish this chart looks. All of the gains we've had over the last three months will be completely wiped out in less than one month. This chart looks incredibly bearish. Once these monthly candles form it's extremely difficult to change their course. XRP will be at 30 cents or even lower this July.
That last rally we had in May was a final attempt by whales to create enough volume so that they can exit the market. The fact that Joel Katz "de-risked" by selling his bags before this Rally happened should be indication enough that this market is about to entirely capitulate.
I feel extremely bad for the mom's and dads that have put their life savings into these s#$%-coins expecting to get some sort of retirement out of it. A wave of Suicides and divorces will ensue, believe me. XRP has been a grand failure, lets face it. Wild expectations and extremely dismal fundamentals.
Inb4 "but moneygram". Literally shut up about this, moneygram is a s%#% company that is facing massive financial difficulties. Their stock looks worse than Deutsche banks. Please stop getting the wool pulled over your eyes by twitter influencers and youtubers. It's all hype and conspiracy, that never leads to anything meaningful ever in XRP's history as a cryptocurrency. I've been around for 4 years trading this s-coin and the narratives and riddles have always been the same bs.
XRPUSD approaching support, potential for a bounce!
XRPUSD is expected to drop to 1st support at 0.37010 where it could potentially react off and up to 1st resistance at 0.44182.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Ripple approaching support, potential for a bounce!Ripple is expected to drop to 1st support at 0.37010 where it could potentially react off and up to 1st resistance at 0.44182.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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