[XRPBTC] Ripple Trade by Request [100%+ PP]

Ripple Trade by Request

Ripple ( XRPBTC ) is moving with lots of force and momentum and grew in price over 150% in just a couple of days.

We spotted the action at the early beginning and gave a last target of 0.000111. XRPBTC went to reach a peak price of 0.000117, so we hit it pretty close, and so it started to retrace.

Let's see the different support levels that we can use to enter a position with XRPBTC and the resistance (targets) levels at which we can sell for profits.

Trade instructions for XRPBTC

Buy in: 0.000069 - 0.000074
(Wait for retrace to enter)


(1) 0.0000925
(2) 0.0001178
(3) 0.0001478
(4) 0.0001621

Stop loss: Close below 0.000063 on the daily candle.

Note: This is a trade by request. This does not follow my usual trade strategy.

Comment: Previous analysis:

(1) Here we spotted the action for XRPBTC early on:
(2) And here I mention where we would find support:

Comment: This bounce is looking pretty strong. Good volume.

Overall the whole retrace is looking very healthy.

Give it time...
Comment: Consolidation continues for XRPBTC. It is looking good so far.

Here is the chart:
- Bear volume has been low throughout the retrace.
- We found support around 0.382 Fib. level.
- My suggested main support remains intact, which is 0.000066 - 0.000068, now supported by EMA100 as well.
- Looks like we need more sideways.
- Please allow time for this trade to develop.
Comment: Looks like we will be entering our buy in zone soon.

Patience is key.
Comment: We didn't hit our entry for this trade. For those already holding XRPBTC, our first target has been hit. These targets are still valid.


(1) 0.0000925 * Target hit *
(2) 0.0001178
(3) 0.0001478
(4) 0.0001621
Trade closed manually: No buy in.
Comment: XRPBTC has been holding support for the past four days... I will come back in soon and take a second look... Thanks for the support.

Comment: Ripple (XRPBTC) is retracing, I am keeping track for a new trade.

You can read my updates here:
Comment: Here is your XRPBTC trade:
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Also, target 1 got reaches today!
Update please
@Fnf312, We didn't hit our entry.
thank you for your TA. I am afraid you might miss it big time waiting for the buyin zone (0.000069 - 0.000074) considering the current chart and the fundamental that Ripple Swell Conference will take place from 30th Sept to 2nd Oct.
Hi Alan
Two questions, why and how do you add the numbers above the candlesticks ?
And ive added the 100 EMA but it is sitting way higher than yours and closer to the action ??
@MIKEYT, Sorry disregard second question, I was looking at XRPUSDT
@MIKEYT, Add the indicator called TD Sequential.
Thanks for such a good analysis. Check out our long-term analysis basing on the hypothesis that 10% of the global money supply will flood into crypto. This is possible and can have a massive influence on the market. More here
+1 Reply
@WBM_Team, Thanks a lot for sharing.
I think this was all with xrp, if something will happen it would by now, I feel it will start downtrend soon, dojt you think so, it is already lost its upward momentum despite high volume
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