Rejected on a New 1W Lower High, RIPPLE / U.S. DOLLAR XRPUSDXRPUSD broke the previous Channel Down on 1D on fundamental reasons and managed to test 0.79, which is still a Lower High on 1W. Since this price was also inside the 0.681 - 0.786 (0.68967 - 0.81315) Fibonacci retracement zone since the last 0.96716 1W Lower High in April, we expect the price to make an equally quick technical gap fill as the equivalent rise. We have used those levels to short again with TP = 0.27100 (gap fill).
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Xrpusdshort
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.6106 (horizontal swing high resistance, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.4592 (horizontal swing low support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple Trading planThe price broke up a Tringle. Ripple will move up to key sell zone $0.60 - $0.62 There are end of 2nd Wave up.
$0.6 -$0.62 - is Sell Zone. Near that level we can open a Short.
P.S. Push like and subscribe if you want to see more signals in the future.
I'll write when to open a Short if this post get 45 like.
Ripple (XRP) Let this coin move up, then short it. Buy and sell.Ripple will have a developers conference on the 30th this month, creating hype for another pump to 8000 levels.
However, I have been trading the king of hype coins, Tron, for over 5 months and I know that these rallies take place before the event, and after the event price drops very hard.
Therefore, we may set up another low risk short for XRP. You may wonder why I short only for XRP. That is because the risk is much lower if you get a very good entry, and it is very hard to predict the pumps due to it being a bear market.
This coin has been moving up on high momentum, so one last rally may be possible.
Therefore, long now
Long:
7813 (Current price)
I am using 100% of my capital with a very tight stop as this is a no brainer long.
Take profit:
Undetermined. Wait for a topping pattern or consolidation to form.
Short:
8300+
(Ideal entry is 8400, but it the top may happen above or below, so start scaling in.)
Stop Loss:
8700 sats
Alternatively, if we break 8700, that may mean another rally upwards, but that will almost certainly not happen.
Thanks for viewing!
XRP/USD a Short Signal with 99% accuracy. Ripple will move down after that X2 pump, because the biggest Volume was $0.66 — $0.80.
Do you think big players Buy after such up moving?
Absolutely not! That was powerful accumulation of Short positions. That's why I am 99% sure that XRP will move down to $0.30
Open a Short near: $0.56 - $0.61
S/L: $0.70
T/P: $0.31
Do you think as me, that XRP will move down? Write it in comments please.
P.S. Push like and subscribe if you want to see more signals in the future. I'll write when to open a deal if this post get 45 like.
Always Use proper risk management!
XRPUSD approaching support, potential bounce!XRPUSD is approaching our first support at 0.5228 (horizontal pullback support, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.7555 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
RSI (55) is also seeing a bullish exit and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple (XRP) Chances like this come twice. Very safe short tradeXRP is retesting resistance, and there is a small chance it breaks through.
Therefore, we may short:
Short
9000-9400 satoshi (highest price you can get)
Stop loss:
9425 satoshi
Take profit
7300 satoshi (will likely not be hit, but we trail our profits so we can lock in gains and move on)
I will be shorting when the price is 2% away from my stop loss to limit my risk. We are risking very little for very much, that is why this trade is being taken. I can lose many times and one win will make up for everything.
If it breaks 9400, you may long after it finds support.
Thanks for viewing. I have made 5% on XRP my last trade, and over 10% on TRX, while 24% has been gained from Ethereum and currently locked in 0.4% on a BTC short in the past week. If you want to know the reasoning for some of these trades, please follow me. I spend a good amount of time planning these trades and there is no reason for me to share other than the fact I wish to view my improvements over time as well as document my progress.
I am currently short 9000. My stop is 9425. I will be adding more 9200.
XRPBTC: Becareful PeopleHi All,
It's all in the chart: XRP Moon Action
XRP: Cross bullish territory, becareful people this could be a trap.
I'm not sure what catalyst is pushing XRP to make this type of gains.
Hence, I'm staying on the side line awaiting for a pullback, don't fomo people.
Remember a good rule of thumb, what goes up must come down.
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People....
XRPUSD approaching support, potential bounce!
XRPUSD is approaching our first support at 0.4248 (horizontal swing low support, 38.2%, 76.4% Fibonacci retracement, 61.8% Fibonacci extension, short term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5232 (horizontal swing high resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement).
RSI (89) is also seeing a bullish exit.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our first support at 0.3146 (horizontal overlap support, 23.6% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.3458 (horizontal swing high resistance, 100% Fibonacci extension, Elliot wave structure, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias.
RSI (34) is also seeing a bullish exit and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.2901 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement, descending resistance line) and a strong drop might occur below this level pushing price down to our major support at 2.2687 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.27613 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.2539 (horizontal swing low support, 100% Fibonacci extension).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.3113 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.2743 (horizontal swing low support, 78.6% Fibonacci retracement).
RSI (89) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching resistance, potential drop! XRPUSD is approaching our first resistance at 0.3113 (horizontal overlap resistance, 50%, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.2743 (horizontal swing low support, 78.6% Fibonacci retracement).
RSI (89) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our first support at 0.3131 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.3495 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our support at 0.3349 (horizontal overlap support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 0.3499 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastics (89,5,3) is approaching support where a bounce above this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our support at 0.3097 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.3512 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastics (89,5,3) is approaching support where a bounce above this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.