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XRPUSDT trade ideas

Lingrid | XRPUSDT Possible Opportunity to Short the MARKETBINANCE:XRPUSDT has been in a bearish trend for the past three weeks, creating by lower lows and lower closes. On the daily timeframe, the price action is in a significant consolidation zone between the 0.62 and 0.50 price levels. As the market continues to push down towards the bottom of this range, I believe there is a likelihood of a retest of the support area. If we examine the 0.550 zone closely, we can see that it has been respected multiple times in the past. If the market shows a rejection at this level, it could present a solid opportunity to short, anticipating a retest of the bottom of the consolidation range. My target is support zone around 0.50 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
5
XRPUSDT / REMAIN BELOW ASCENDING CHANNEL - 4HXRPUSDT - 4H HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 0.58 . The prices are currently trading below the ascending channel and are likely to attempt a retest to reach the turning point at 0.58 before beginning a decline toward the support level at 0.54, with a further drop expected down to 0.52. However, if the 0.58 level is broken and a 4-hour candle closes above it, the price may rise toward the first resistance level at 0.62, and potentially further to 0.65 KEY LEVELS : Turning Level : 0.58 . Resistance Levels : 0.62 , 0.65 . Support Levels : 0.54 , 0.52 .
Short
by ArinaKarayi
2
XRPUSDT / TRADING BELOW FVG - 4H XRPUSDT / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 0.58 . Downward Condition : With the price holding steady at the current turning level at 0.58 , it is likely to decline towards the support level of 0.55. If it stabilizes below this level, it could then reach the next target level of 0.51 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 0.58 , leading to a rise toward the resistance level (1) at 0.60 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 0.63 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 0.60 . RESISTANCE LEVEL (2) : 0.63 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 0.55 . SUPPORT LEVEL (2) : 0.51 . TURNING LEVEL : 0.58 .
Short
by ArinaKarayi
XRP Descending Channel TargetDo you remember this chart? We have a descending channel and we continue to experience lower highs... This lower highs eventually lead to a lower low and this is happening now. The last three days closed bearish/red. Yesterday, the day started green but ended red after two days red. This is normaly a major bearish signal. Because it confirms the continuation of the bearish action. If two days close red and the third green, the bearish bias weakens. But two days closed red, the third starts green and moves higher but later before the session closes, it reverses and closes full red. It means the bears won and now lower prices are basically confirmed. Since we are using a channel, expect the lower trendline to be challenged, but it can go lower depending on how the rest of the market behaves. If the crash is really strong, it can go much lower. But, as usual, after the bearish wave is over we will definitely see growth. Namaste.
Short
by AlanSantana
4
XRPUSDT ( IT WILL BE RISING TO REACH RESISTANCE LEVEL ) ( 4H )XRPUSDT HELLO TRADERS The current price is trading at a turning level at 0.54. Consolidation and holding at this level would provide strong support for a price increase towards the resistance level (1) of 0.59. However, if the price breaks down and a four-hour candle closes below this level, it may lead to a decline towards the first support level. This area is very strong , and if it stabilizes above 0.48 , we could see a strong upward movement. To confirm a downward trend, a break of 0.48 is needed to reach the second support level at 0.45. Upward Zone: As long as the price stays above the turning level at 0.54 , XRPUSDT is likely to rising towards resistance level (1) at 0.59 . If a 4-hour candle closes above this level , it could push further to 0.62 . Once the price stabilizes above the resistance level (2) around 0.62 , we might witness to reach resistance level (3) at 0.65 . Downward Zone: by breaking turning level around 0.54 , it suggests a decline towards support level (1) at 0.48 , confirming a downward trend. If the price stabilizes or stays below this level, there is a strong likelihood of reaching the support level (2) around 0.45 or possibly even lower CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 0.54 before rising . TARGET LEVEL : RESISTANCE LEVEL : 0.59 , 0.62 , 0.65 . SUPPORT LEVEL : 0.48 , 0.45 , 0.39 . Turning level at 0.54 , Time Frame ( 4H ) .
Long
by ArinaKarayi
1