XRP/USD to bounce and break... I hopeOk well things are looking solid on the markets... I think XRP will be one of the last crypto assets to explode and go parabolic, so I am just accumulating and dumping other trade profits into it over time.
However in this set up we have two options either A) bitcoin does not pull back and retest its range and does another leg up meaning I missed my chance and XRP will break out of the triangle and then I kick rocks and wait for a different set up.
OR
BTC does a retest and backs off/cools down so does the rest of the market. XRP follows that bottom line of support or within the range... Does not NEED to touch the line as its already been tested multiple times in the last few weeks at .55 .60 and .63 so with that being said I am looking to add to the bags in the following range:
|See at most a false break out at the .84 range dont FOMO wait for the pull back (or else I kick rocks try again later)
start laddering in buys from .73 cents to .75 cents still a great price. Personally anything under 1 is a steal.
Take what ever buys get filled and toss them in to cold storage until I see a 5 dollar XRP or go bust. (At 5 dollars a start to sell off very very small amounts IE 2.5% to 5% until my total cost of entry is 0 and I am playing with the houses money.
Hope you are all well!
Thank you!
XRP-USDT
XRPUSDT Bullish Divergence is ApparentXRPUSDT like with the other cryptocurrencies showed weakness with its continuation of a bearish run; however, taking into consideration the formation of a weak bullish run, we may be able to enjoy a short-term bull run up to 0.85 and a possible descent further down to 0.4 levels which I hope will happen for the formation of a major support.
Disclaimer: This is for educational purposes only.
Update on XRPXRP is currently following the first leg of our predicted path (see linked idea)... This is an area where I might normally look for an entry. There appears to be bullish diversion and seller exhaustion, *however* there is still a lot of negative pressure (likely due to the broader selloff in the market). For now, I'm adjusting my expectations to be more bearish in the short-term. We may see a slight bounce here, but I believe the negative pressure will keep us from breaking the next resistance line until, perhaps, we revisit the major support line.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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Falling Wedge, waiting for good entryXRP is in a Falling Wedge (bullish) inside of a larger, somewhat bearish Triangle. I'm anticipating a bullish break of the Wedge *but* I think we may first see a sharp move down to the Wedge support line. That move would likely exhaust the sellers and create bullish divergence in the chart and I would start looking for an entry.
-------------------------------------------------------
These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following. Thanks!
🔥 XRP Triangle: Bullish Move AheadXRP has been trading inside this triangle pattern since February this year. Recently, XRP touched the bottom of the triangle and saw a reversal from there.
I'm expecting the price to follow the pattern in the near future. Target for now is the top of the triangle.
Happy trading!
XRP Temporary LongXRPUSDT is currently in a downtrend. A temporary long can occur from 0.7640+ to key trigger 0.8327 before a major shorting down to 0.5992, ending in a double bottom. Be cautious in contrarian trading and wait for right entries then proceed to short from the trigger price.
Risk only 1% of your port.
Here is the big picture:
Disclaimer: This is for educational purposes only.
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price could be supported after hitting the support line with a long shadow upwards.
At the moment, the price is hitting a resistance line and if it can stabilize above that, it can touch the above target, but if we see weakness in the trend, we can have a correction.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 XRP Dead Zone: Potential Bearish MoveAround a week ago I made an analysis on XRP and the massive pennant in which it was trading.
A bounce from this area did indeed occur, but the market didn't follow through and XRP went down again. With today's bearish move it's likely that XRP will close the day below the support of the pennant, which could indicate more pain to come.
In case of a free-fall, I'm looking at the support zone to scout for a potential reversal trade. Keep an eye on this zone in case we drop further.
Happy trading!
XRP LOOKS TO MAKE A NEW HYPE TREND LEVEL - BREAKOUT POSSIBLE!Hello trading friends,
I hope you have a good weekend all.
We did add before about XRP when it was below 1 USD, and if XRP confirms the time frame it could enter the hype trend as you can see also below into this chart.
XRP is at this moment into the hype trend what could mean that it can break out even to 1.59
It's interesting to follow it coming time as the hype trend can start at any moment if the trend gets confirmed by time frame.
Have a great day
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is fluctuating close to the support line. We expect the price to reach its target after breaking the resistance line.
But if it drops below the support line, we predict a cross-sectional drop.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
XRPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price can form a head and shoulders pattern in the bottom and then start to move upwards.
It may start its climb when encounters the first support, and if it wants to follow the head and shoulders pattern in the bottom, it could reach up to its left shoulder, which is close to the second support, and if it does not cross and stabilize below the support line, it can move upwards.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1073).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 1.2090
TP2= @ 1.3175
TP3= @ 1.4156
TP4= @ 1.5323
TP5= @ 1.7068
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in XRPUSD @RippleTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1073).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XRPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 1.2090
TP2= @ 1.3175
TP3= @ 1.4156
TP4= @ 1.5323
TP5= @ 1.7068
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️