XRPBTC trade ideas
XRP/BTC Multi-Timeframe analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
XRP will rise like a PHENIX IN 2021Everything you see is on the chart. Pretty simple IDEA. The bottom is in, this is panic selling final capitulation. Bad news and SEC attack Ripple! Delisting and trading suspension by the exchanges. Time to buy this FUD! Be greedy when everyone is fearful . Good luck and have fun! Ali Jack! Like and subscribe!
BITCOIN Down! RIPPLE Up! This Picture Says it All!Hello everyone, if you like the idea, do not forget to support with a like and follow.
This XRP / BTC => RIPPLE / BITCOIN, shows the two most posted two instruments here on TradingView in the last 48 hours , in action and together!
As you clearly see, XRP/BTC is sitting at its All-Time-Low (almost Zero) so the most probable movement from here is up.
In order for it to move up, we need one of the three scenarios to happen:
1- RIPPLE UP, and BITCOIN DOWN (best case scenario)
2- RIPPLE UP, and BITCOIN UP but with Ripple moving up more aggressively.
3- RIPPLE DOWN, and BITCOIN DOWN but with Bitcoin moving down more aggressively.
What do you think? which scenario is more probable?
XRP - Important to reclaim this levelXRP has lost all of its supports compared to BTC. There is absolutely no support below the current value of 1546 sats. If BTC can reclaim the support of 1546 sats, we can start seeing a move towards 1912 and 2277 as per the weekly charts. These 2 were the previous 2 important support levels and need to be reclaimed for the recovery of XRP compared to BTC. If XRP fails to reclaim the support of 1546 sats, the downside could be catastrophic for XRP.