XRPETH trade ideas
VIDEO: XRPETH - Why XRP offer a better trade than ETHThis is video is a follow-up one to the XRPUSD where i make the case for a bullish rally against USD.
However, this one is focused on why Ripple is offering a better trade than Ethereum.
A TREND CHANGE IN PLAYAs it could be seen, a break above the falling channel implies a trend change. After some consolidation, the pair is expected to rise.
CHANCE FOR A SELL According to the chart, after a short rise, there would be a chance to sell the pair as it hits the upper line of the falling channel. If this analysis was interesting for you, please support us with your warm likes. Thanks
XRP/ETH is trying againNo reaction after the break of the resistance
Trending RSI
See the first analyse in the linked ideas
Stillw atching the XRPETH falling wedge.I anticipate a breakout within the next couple weeks...this is how the wedge looks on kucoins weekly chart:
xrpeth ripple diving deeper in compare to ethereumRipple further losing his value against ethereum and is almost at same lows price as like two years ago.
XRP to make gains over ETH over the next weekThe RSA, The EMI (100) and MACD all point at XRP making gains over ETH over the next week
The next target, (from the current position), is 0.00085 in the next 10 days.
But if we go down to the next level of resistance, ( <0.00069) then the target will not be reached until the end of the month.
The good news is that both coins are valuable so holding either XRP or ETH is a valuable option.
Also, ETHBTC looks like it is weakening so I would start the trade now even if there is a chance of further losses in the short term.
XRPETH might make some ripples!XRPETH looks extremely similar to LTCETH right now. I've been watching and waiting for these levels for years. Critical buy and sell price targets are marked on the chart. The price action right now looks like a bear trap. I am betting on a quick rise back into the channel and a touch of nearby sell targets, but am also leaving capital on the side ready for lower buy targets. Let's see what happens!
