Crypto2AF

XRP/BTC - XRP: BBand_Breakout Resistance_Breakout

Crypto2AF Updated   
BINANCE:XRPBTC   XRP / Bitcoin
◳◱ Hey crypto lovers, we've identified bullish signals on the $XRP / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0000179 | 0.00001978 | 0.00002391 and the major support zones are at 0.00001377 | 0.00001152 | 0.00000739. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.

◰◲ General info:
▣ Name: XRP
▣ Rank: 6
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.00001873 ₿
▣ 24HVol: 2,598.308 ₿
▣ 24H Chng: -6.816%
▣ 7-Days Chng: 19.30%
▣ 1-Month Chng: 41.06%
▣ 3-Months Chng: 53.76%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.0000179 | 0.00001978 | 0.00002391
◢ Support: 0.00001377 | 0.00001152 | 0.00000739

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: NEUTRAL

◰◲ Technical Indicators Summary: NEUTRAL

◲◰ Sharpe Ratios:
▣ Last 30D: 4.59
▣ Last 90D: 2.70
▣ Last 1-Y: -0.12
▣ Last 3-Y: 0.89
◲◰ Volatility:
▣ Last 30D: 1.10
▣ Last 90D: 0.76
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.20

◳◰ Market Sentiment Index:
▣ News sentiment score is 0.49 - Bearish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.50 - Bearish

▣ In-depth XRPBTC technical analysis on Tradingview TA page


▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.

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Trade active:
Binance, Bittrex, ByBit Spot, KuCoin
#XRP/BTC Take-Profit target 1 ✅
Profit: 2.9899% 📈
Period: 31 Minutes ⏰
Trade active:
Bittrex
#XRP/BTC Take-Profit target 3 ✅
Profit: 5.339% 📈
Period: 1 Days 4 Hours 55 Minutes ⏰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.