Xrpusdsignal
Diamond breakdown confirmationWasn't entirely sure of the diamond pattern in the previous chart that I produced after spotting it the other day. Although I believe now that we have the confirmation of its breakdown after the selling signal structure of the pattern.
Seems to me Xrp will retest it's bottom support trendline upwards again 👍 More accumulation for us Tradeview whales 🐋 😀
XRPUSD Sell TF D1. TP = 0.3356 On the daily chart, the trend started on March 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.3356
But do not forget about SL = 0.5866
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
Are you ready for the next leg of $XRP?Hi Guys!
Im baaaaaaaaaack!!!
Bearmarket is over! and I will start to make ideas again!
Anywayssssss!
Lets get back on XRP
Will make this short analysis
Based on the chart, XRP is currently is consolidating in this Huge Ascending Broadening wedge and currently lookslike bounce on the support of this wedge and aiming to get the second leg for this wedge tapping the Resistance pertaining to the upward arrow.
Goodluck
Trade responsibly!!!!!
XRPUSDT ARE you rdy ? 😉🧨The cryptocurrency that I analyzed for you
It is one of the favorite currencies of the American government and banks because...
This currency code is generated from interbank transactions and only banks can generate it, so this currency code is actually for the banks themselves, but people don't know.
Now let's go to the analysis of the trend
The cryptocurrency trend is upward and will give at least 100% profit to its investors.
The target it will see will be $0.9171.
🔮🔥XRP - Critical Levels to Watch🔥🔮What's up traders!👋
In today's breakdown, we cover one of our favorite altcoins in XRP.
Let's cut right to the chase and dive in...
CHART KEY:
Supply: 0.523-0.529 (red zone)
Demand: 0.492-0.501 (green zone)
Other key levels: 0.511-0.514 (grey zone)
XRP has clearly slowed down since our last analysis on it and has been trading inside this channel between ~0.49 and ~0.53 this whole week.
Our original plan of avoiding any substantial downside play is still valid since we have continued to hold demand around ~0.49
The true risk to reward remains on the upside still with demand at 0.492-0.501 holding up. We would need supply at 0.523-0.529 to be broken for a high conviction / big move.
However, shorter term short plays are valid now that we have identified this channel and seen the strength of it - all we need to do is be cautious of shorting into demand and longing into supply until either of those levels are broken with conviction.
We are currently trading in a key zone between 0.511-0.514. We need to be cautious of this zone if we're bullish and cautious of demand below if we're bearish.
✅ Bullish Case: you want to see price break past this 0.511-0.514 zone, pull back into it, show that it will hold this level and find strength here for a move past or into supply at 0.523-0.529 again.
Or you want to see price pull back into demand at 0.492-0.501 again, support build up again for a move back past or into this ~0.511 zone.
The big upside play would be to wait for supply at 0.523-0.529 to be broken and have it become new demand if it pulls back and finds support there for possibly a big move into the highs from a couple weeks ago.
🟥 Bearish Case: you want to see price reject this 0.511-0.514 zone, pull back into it, show that it will hold resistance here and find weakness for a move back into demand at 0.492-0.501 again.
Or you want to see price approach supply at 0.523-0.529 again and reject for a downside move.
The big downside play would be to wait for demand at 0.492-0.501 to be broken and have it become new supply on a pull back.
So what do you think? Where is XRP headed? Boost and comment your thoughts below!
We'll see you in the next one
-The AlgoBuddy Team
XRP Triangle Break Out ? Will It Go Up?🙄🤔XRP Triangle Break Out ? Will It Go Up?🙄🤔
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Have a nice trading!
Short Time Frame XRP break out to .46I cant get bearish on xrp just because how the dominos are falling. Xrp about to get some type fo clarity, banks failing, ISO20022 live, China +Russia +Iran + North Korea......We're either having complete failure of the system or a major update to it. Dollar is dead. We'll probably stay in this range until the end of the month. If nothing happens with the trial we'll probably go back down to .37 - .35.
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xrp target is 2 or 6$?Ripple is a strange cryptocurrency and full of potential to increase in price. The reasons are its universal use and low fees, as well as the liveness of this currency. But I believe that Ripple will easily go up to 2 dollars, then it will hit the resistance at that point and it will drop a little until the nearest resistance, which may be the price around 1.5 dollars, and it will make a cup pattern, then it will go to 3-6 dollars by this pattern.
XRP Might test local support XRP has a lot of resistance around the 0.3940 zone and will happen so until BTC moves more or there is some more good news. It might re-test local support and rebound. PS: Idea is valid if BTC remains long and positive unless we hear something positive with the SEC news.
XRP Broke the downward Channel XRP broke the downward channel and is attempting to form an upward movement. There is a resistance at 0.394 onwards and support at 0.37. 0.32 happens to be a very strong support so far and a good liquidity zone. IF BTC remains flat to positive and some news come as its already due. XRP can fly like nothing else you have ever seen.