XRP trade ideas
XRP's Bullish PullbackXRP is pulling downwards intending to rocket High, it's been a long process of accumulation for a bullish volume.
The market divergence in its 2021 will be exciting for many stocks, especially, for Technology industries.
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At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Harmonics, a traders best freind!! [XRP/USD]Here are all the possibilities for xrp in the coming weeks/months
This TA is mainly focused on harmonics due to the vital phycology behaviours and the success rate
According to the TA it's very important we retrace to D point before the massive run-up. I expect 0.19-0.22c xrp before the major run, notice how a majority of D points for THREE harmonics all align at the 0.20-0.22 levels thus indicating STRONG support ; We must retrace to D point before xrp can make a new HH.
I know most xrp investors are questioning the deep D retracement for the bullish crap. Despite the fact we have a bullish deep crab at 0.10-0.12c levels it's unlikely we see that type of retracement with such high greed index across all markets. Therefore It's a very unlikely scenario UNLESS of course markets turn extreme bearish similar to what happened in March, the catalyst was COVID19 that caused all markets to lose %30-%60 value. If your expecting xrp to dump to 0.10-0.12 again a catalyst is vital
Never the less Markets are looking better than ever, Look at major indices, btc, eth. Extreme bullish/ greed behaviour all across the board. This is good indication where markets will be heading for the near future.
As always this is no financial advice, don't risk more than you can afford.
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XRP IS ABOUT TO MAKE THOUSAND'S OF MILLIONAIRES! XRP HAS BROKE UPWARD FROM THE DESCENDING WEDGE IT WAS TRADING IN.
LOOKS VERY BULLISH, 10X FROM HERE TO HIT ALL TIME HIGHS.
WHAT ARE YOUR THOUGHS ON XRP?
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