XRPUSDT, short after solds above 0.28372 begin.Hi everybody. I want explaine my seen of this situation with XRPUSDT. So we have a good long accumulation some time ago. Then exchange sold big volume of XRP from 0.29 to 0.27. But no big ivesting after that process. Now price start going up from support 0.27483 (transit level) but this purchases not safe for strong long activity. There two ways now the first one its a way when traders start active purchases and exchange will not attempt this. In this variant (1) we can go upper only if 1H candle will close above 0.29614. My opinion 2 way to 0.22 is more real in near future. But there we can gat stop at 0.25 and i will update. Follow me.
Xrpusdtshort
XRPUSDT, dont invest now. Wait 0.275, 0.261.Hi friends XRPUSDT picture on bears side. We have big solds above 0.34 and nobody want to invest at 0.29. So my opinion downward trend will continue until price get to 0.275 and 0.261. Levels thanks to X-Lines script. Follow me.
PS: my ideas is not a plan to your actions on the market. You must understand that it's only my opinion. Market and exactly crypto market is very dynamic system. I can't write in online mode all time. I write ideas time to time and if you subscribe you can see it. Good luck.
XRPUSDT, short to 0.202 again.Hi friends. So lets look at XRPUSDT chart window. Situation is like that: let the price rise a little and immediately sold it, gave it a fee and sold it. In very small steps. So my opinion market want more lower price in near future and 0.202 is better for this.
Levels thanks to X-Lines script. Follow me.
XRP / Ripple Potential ShortXRP is exhibiting bearish bias as:
1. Price has once again fallen below the major S&R flip zone as price failed to hold above it on a retest
2. Price has once again fallen outside of the channel after reclaiming it
Of course, exercise extreme caution on xrp as the situation and market sentiment can switch on dime.
Ripple (XRPUSDT) BULL/BEAR CASESAs Ripple / XRP is the major news these couple of days, I expect a lot of people are concerned about how this will impact not only XRP but also the broader markets. I wont go into the context in detail before, but rather lay out two potential scenarios and trade setups purely from a technical perspective.
We have broken down below the 61.8 Fib retracement and the previous S&R flip, which has now flipped again into resistance (red box). If we retest that and get rejected, we are likely going down. Alternatively, if we break back above it, especially if then retest it as support and it holds, we are likely to continue rallying.
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xrp 44 cents then to 25 centsxrp has faced some hard correction and it hasnt ended yet but we can be short term bullish for next week or the upcoming 10 days.
xrp now has broken a strong support which rejected to broke before more than one time
so after that break out downside , xrp gonna retest the previous support as a resistance and fall again to its lowest level where it is amazing to but from
by all cases xrp will never go down more than 24 cents again thats for sure
xrp short term target : 44 cents
xrp correction ends at : 25 cents ( strongly buy)
xrp then to the moon for 2021
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
Analysis XRPUSDsell range: 0.86906
Targets: 0.78939- 0.70972- 0.63005
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.94873)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.86906(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
XRPUSDT 50% GAIN!Hey Traders,
Looking at the XRPUSDT daily chart you will notice that this is going through a descending channel for 340+ days.
Currently, XRPUSDT is going through Elliot Correction Wave, so I am expecting the price is going to point C.
The setup is on the chart. I am expecting 40...45 days to complete this setup.
Please, let me know your thoughts!