Trade Signal: XRPMXN - Buy OpportunityWe are excited to present a new trading signal for the XRPMXN currency pair, using our proven strategy, EASY Quantum AI. Based on our analysis, we recommend a Buy position with the following parameters:
Direction: Buy
Enter Price: 10.957
Take Profit: 11.28466667
Stop Loss: 10.50766667
Our forecast for this movement is based on several key factors:
1. Technical Analysis : Recent price action indicates a bullish trend supported by higher highs and higher lows on the daily chart. This suggests strong buying pressure, and our AI strategy has detected an optimal entry point at 10.957.
2. Market Sentiment : Currently, the sentiment for XRP is increasingly positive due to recent developments in cross-border payment solutions using blockchain technology, which is favorably impacting investor outlook.
3. Support and Resistance Levels : The identified Stop Loss at 10.50766667 aligns with a significant support level, minimizing downside risk. The Take Profit at 11.28466667 is strategically placed just below a resistance level, optimizing profit potential.
Remember to manage your trades wisely and stay informed with any significant news developments that could impact this analysis. Happy trading!
XRPMXN trade ideas
XRPMXN going upI am new on technical analysis, after a short research on the XRPMXN, I can predict a long opportunity after price breaks the trend line on a convergence area of 50 day EMA, a support level, and the trend line.
This is just for educational purposes, if possible feedback about my analysis, it will be great!!
Thanks!.
XRPMXN Bound to Make Lower LowsThe downtrend that has persisted in ripple across all currencies still persists. Bear markets can and usually are fairly tricky and Ill be the first to admit that I timed the bottom to early. Coming tho this realization I decided to wait out the bears until the exhaustion point which Im confident lies below the doted purple line. The break of this final low will most likely coincide with the extinguishing of buy and holders hope. Around the point that everyone thinks its down for the count, the bull market will probably begin.
BULL RUN COMMINGAs you can see in the chart we are forming a bull flag that should be break hopefully on December. This is not a personal opinion its fractals analysis the moves always repeat with the same rules. Look at the past to see the future my grand ma said. So the ones who are shorting the bottom, you shouldn't or you will miss the train with big losses. Yes BTC is not going to make new highs but it has touch the bottom and will correct while XRP will Fly to 7 usd. You can move on my graph to see the correlation between last period, December last year an now. This analysis has been made more year back an even in smaller time frames, the fractal is always there.
Some XRP measures UP UP AND UPPPPPPPWell after this super boom that I was expecting since my last analysis XRP falling wedge, we broke very well. I dint publish it because I though it wasn't worth, but I also saw the W bottom and the target was exactly 9.5 so I sold, now we are about to form a bullish flag, then one Im describing. This is just the beginning, in the weekly charts I see 3 upcoming weeks with green bars that will take us to 1 usd, 22 pesos, this will be the forming of wave 1 and then we are going down to .35 or 7.2 pesos to form wave 2, this will be large like 1 month and then to November December wave 3 4 and 5 so Im gonna be rich. For me crypto will help me to build my community, Im an architect from Mexico, and here we need so much things, I would like to start giving people a well paid job, and then who knows, my inspiration Carlos Slim
TWO WEGDE PATTERNS, MAYBE A REVERSAL?As I see everyone publish they unknown ledge ideas, except a few ones who know what they're doing, I decide to publish my firs idea.
Looking at the charts all I see its horrible bear season with many lost money for everyone, but theres a ray of light on the dark room. I see two falling wedges with possible reversal, this doesn't mean it is but its possible. The bigger one in red I see it in BTC and ETH, the small one in blue is given me the light in XRP, we had broke it, we had return to de superior line and now we have to break the bigger one, its more important than the small one, but once we break it we should go up like crazy. My objetive for December in XRP should be 3 use to be safe, altcoins could go higher like 4.5 usd. BTC should be at 20,000 no more, but that is enough to build a big triangle that take us to super highest hight by the end of 2019.
We will never know, but I think its time this bears go to take the invernal sleep and leave us enjoy the green paper for December.
Thank u all for reading, please Im waiting for your comments and ideas to complement mine