Xrpusdtlong
XRP- What happened last time the weekly macd crossed?Explosion. that's what happened. Check it out.
If this week stays flat or starts moving up, expect a large move when all the algo's jump on it with this cross. How high? either 50 cents or 75 cents. Higher, maybe, but I doubt it for now.
Cheers,
-Sherem
$XRP reaches a key supportKey levels
Short term
Supports—> S1: 0.284 - 0.28 & S2: 0.26
Resistances—> R1: 0.325 & R2: 0.40
Medium term
Supports—> S3: 0.25 & S4: 0.20
Resistances—> R3: 0.47 & R4: 0.49
Potential scenario
Ripple has been trending down for 25 days already, exactly since Bitcoin made its yearly maximum at almost $14,000. A few days ago, XRP reached very key support, S1 at $0.28, that has been holding the price above since September 2018. After touching this important support quickly, the price retraced and went up to 0.32. If S1 proves to be solid enough, very likely, the price will stop its way down and reverse its trend.
TA comment
As mentioned in 'Potential Scenario,' since September 2018, every time that XRP has touched S1, the price has retraced upwards. This suggests that, in a scenario where altcoins like Ripple a bull run like the one that Bitcoin is having, S1 can be one of its lowest points. The indicator MESA is an adaptive moving average that would rapidly open long positions once the trend reverses.
Pattern
During this downtrend, several bullish reversal patterns in different time frames can be spotted. Amongst them, Hammers, Belt-Hold Bullish and Concealing Baby Swallow . Concealing Baby Swallow is a bullish reversal pattern represented by four candles. The first two candles are long decreasing candles, and the next two increase and engulfs the previous one, therefore signaling buys.
#XRPUSD #ripple The ideal time to buy...A short look at the graph above can be understood that this is the ideal time to enter the Buy position on the Ripple for those who have not yet bought for two reasons:
1. The most serious support we have had so far
2.Stochastic in the buying range
Target: 0.36
XRP Entry Opportunity!We all anticipate a good move from the third coin of the Crypto valley (Market cap). XRPUSDT BINANCE:XRPUSDT is now on a good trend line which is close to a strong support line. The risk is worthy and 8% loss is less enough to welcome a chance of getting a 7% to 58% reward.
I'm in ;)
If you found this analysis useful, please don't hesitate to like & comment! ;)
Please consider Money management before taking any position toward the market.
Good luck!
Support found @ 0.39196 - Move to test Resistance @ 0.48170Looking for a 16% gain from XRP withing the coming week. Support has been found 0.39196 keeping the uptrend pattern live now we are looking for a retest of resistance @ 0.49170.
RSI oversold, volume building nicely, Fomo kicking in. Looking good for now...
Happy trading!
(Check out my Cryptocurrency Channel on Youtube! Any support from my fellow Crypto enthusiasts would be blessed) : DOLLARCLUB