XRPUSDT (Ripple) Resistance breakout)#XRPUSDT Technical Analysis Update
Resistance Breakout
XRP/USDT currently trading at $0.59300
LONG ENTRY level: 0.5900 to 0.600
STOP LOSS: 0.56400
Resistance level 1( Target 1): $0.64500
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Xrpusdtlong
RIPPLE (XRPUSD) - Precondition:
Stopping volume.
The trend is globally rising.
The mirror level shows a big player. A large volume is thrown on defense.
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XRP/USDT 4 Hour Ascending scallopWe are have completed a Minor set of Descending scallops and now should see a trend reversal into a set of Minor Ascending scallops. These two Minor sets will complete the Sub Major Ascending scallop. Currently we are creating the rounded bottom of the Sub Major Ascending scallop.
This move is correlating well with the impending XRP snapshot for the Flare airdrop. If you are participating in the drop please consider security above all else. There will be a lot of scammers out trying to take people's coin and the event could tempt some hackers to hit exchanges. Just wanted to let everyone know that Nexo is going to support the XRP airdrop and they utilize multi-signature cold wallet storage and your assets are insured up to 100 million dollars not to mention you will gain 5% daily interest for as long as you hold XRP in an account with them. This is the safest option for the airdrop with the next best option being Kraken. An interesting tactic I used was to deposit my XRP into NEXO which then gave me an instant credit line to borrow against I then purchased even more XRP and deposited them into the same account. With 5.9% interest I am confident that $8 for a month won't eat into my profits too much ;) We have all been waiting to see XRP shine and this is the just the beginning.
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XRPUSDT - Break out trend linePrecondition:
Break out trend line
R/R - 1/3
Global trend up
Local trend up
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XRPUSD: Possible Long| Alt Short (08.12.2020)On H4, XRP price fluctuates into the corrective model of the triangle. Besides, there is a convergence bull model between RSI and price.
On H1, the price is correcting downward, reaching the key support levels by Fibonacci. Also, the RSI has reached the oversold level, signalling the possible end of the correction.
We recommend buying XRP (to keep the position above $ 0.8). However, we also recommend paying attention to an alternative scenario, which implies the formation of a false trend pattern and the start of a price decline to $ 0.4.
CRYPTO: XRPUSDT Long Setup - Trade The BreakoutWe can see that XRP is one again in a triangle. I shorted XRPUSDT this morning from the upper trendline resistance of the triangle and booked profits as you can see in the illustration. I'm looking for a potential long setup and to keep my stops tight, I will look for price action entry at the lower trendline support of the triangle.
Short term price target levels are 0.70 and 0.80.
XRPUSDT (Ripple) Waiting for the Symmetric triangle breakout#XRPUSDT Technical Analysis Update
Wait for the Symmetric Triangle Breakout
XRP/USDT currently trading at $0.6050
LONG ENTRY: Only enter long after Symmetric Triangle Breakout in 4h chart
STOP LOSS: I will update once I see a breakout in 4-hour chart
Resistance level 1( Target): $0.75
Resistance level 2 (Targe ): $0.94
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Binance Futures Trade Idea: XRPUSDT 10x Long
Binance Futures Trade Idea: XRPUSDT
Based on large pennant / upside continuation pattern on 4hr chart.
Possible hidden bullish divergence on RSI.
MACD starting to curve upwards.
Declining volume in pennant indicates explosive move with incoming volume.
Long XRP @ 0.6 (average buy-in), 10x Leverage
SL @ 0.58, below ascending trendline.
TP1 @ 0.7839, local high
TP2 @ 0.9650, measured pennant height
TP3 @ 1.00, psychological value ... or let it ride
XRPUSDT (Ripple) Symmetric Triangle formation#XRPUSDT Technical Analysis Update
'
Wait for the Symmetric Triangle Breakout
XRP/USDT currently trading at $0.6250
LONG ENTRY: Only enter long after Symmetric Triangle Breakout
STOP LOSS: I will update once I see a breakout in 4-hour chart
Resistance level 1( Target): $0.79
Resistance level 2 (Targe ): $1.00
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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RIPPLE - $XRP - Wave 3 - To the moon is too close, go beyond!!! WAVE 3 in progress! The best time to buy is now!
I'm LONG / BULLISH position. I expect that $XRPUSD will rise up.
This would mean that RIPPLE will gain more value against USD .
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION .
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST .
To the moon is too close, go beyond!!!
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
#CRYPTO #XRP #XRPUSD #XRPBTC #RIPPLE
Analysis XRPUSDPurchase range: 0.23845
Targets: 0.24625- 0.25405- 0.26185
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.23065)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.23845(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
XRP Might Be Mind BlowingWhen looking at a macro perspective for XRP, price action is moving with higher lows within a huge falling wedge which is usually a bullish chart pattern. Also, the price action for XRP is trying to jump over major moving averages which is also a bullish indicator. There is not much time left for the price action to end the falling wedge so most probably not before the end of the year we might see a mind blowing jump as mapped on the chart.