Xrpusdtrading
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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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.
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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
XRP/USDT (RIPPLE) Resistance line BreakoutRipple Technical Analysis Update
XRPUSDT Currently trading at 0.270'
Entry-level: Above 0.270 ( only enter after the 1-day candle close Above the resistance line)
Resistance level 1: 0.327
Resistance level 2: 0.375
Risk Reward Ratio : (1 : 4.3)
Support level or stop loss: 0.242
ALWAYS KEEP STOP LOSS...
XRPUSDTThe market has been on a mid-term uptrend since March and is currently experiencing a pullback to the trendline support. The price is testing the flip support + 0.618 fibonacci retracement level + trendline support. A bounce off the trendline support + Breakout above the pullback channel resistance will be a good bullish↗️ . A breakout below the trendline support will be bearish↘️