we have a very similair price action on XRPusd but in longer time frame , we also have bullish divergence on Weekly RSI which can take XRP to about $3 in the next few months likely
Until Feb 28 i see XRP Ripple moving in this range of support and resistance. I just hope that the big wick wasn`t an insider selloff. Looking forward to read your opinion about it.
XRP on the chart has two attempts to break out recently, this is a sign that we are entering an important phase of upward activity, we will see what the next few days show
Its like XRP has been here before Lets see if it jumps like last time
The XRP chart has a very good picture on the technical analysis side. Preconditions for growth: - accumulation. - squeezing near the trend line - a fake breakout of the trend line - liquidity collection - volume appeared at the bottom - bitcoin is in consolidation In case of a false breakout there could be a good buying opportunity. Write in the...
XRP on the chart is stabilizing, we see slight fluctuations but they are not significant, the influence of BTC will be decisive for the future chart of XRP and it is also worth watching glassnode
XRP solidly defended the $0.90 BTC inflow level but BTC inflow is too strong and we see a trend reversal on the chart but it is very weak and XRP should rise again soon
XRP defended its $0.90+ level yesterday and is continuing steadily today, the situation looks good and shows that the support at these levels is strong, we will see if we see a similar pattern tomorrow (the behavior of BTC could be a factor)
As we can see in the chart, From a weekly perspective xrp is moving within a pennant. We just broke the trendline from the bottom to collect orders from the liquidity zone below, and have now moved back within the pennant and showing bullish price action. The next area of interest is around the $1.15 mark, and once we have a clear break of the pennant, this can...
A bullish formation has formed on the XRP chart. This formation is called a bullish flag. Statistically, the formation is breaking upwards. In the case of price squeeze and a breakout of the upper boundary of the structure, there could be a good buying opportunity. The target is equal to the height of the formation. Write in the comments all your questions and...
Ripple - Intraday - We look to Buy a break of 1.021 (stop at 0.998) Trend line resistance is located at 1.000. A break of the recent high at 1.030 should result in a further move higher. Further upside is expected and we look to set longs in early trade. We are trading at oversold extremes. Our profit targets will be 1.088 and 1.108 Resistance: 0.980 /...
XRP after the last correction, has been in a strong price position and stabilization for several days, the sideways trend continues with slight price fluctuations
Lucky Ripple or Boring Ripple following to my previous post: Ripple was downward trough its downward weekly channel Before recent Bitcoin fall. Bitcoin fall affected the Ripple downward speed, But whereas the Ripple was in the middle of its weekly channel , it causes to reach bottom of the channel sooner. however we had a shadow bellow the weekly channel but in...
Current recent XRP structure and pattern looks like the BTC's bigger macro pattern and structure from the start of the 2017 bear market to March 2020. What is the pattern: 1) Retrace to the 0.618 fib of the entire down move 2) Price goes side ways 3) Price dumps to retest the last order block (OB) that started the initial retracement move up 4) BTC then tops at...
XRP is trading at a defended price level, strong support at this level is very visible, the coming days will show which direction will be final (if not then we will continue the sideways trend with some fluctuations)
XRP is holding positions very solidly, we see that the chart looks promising, it looks like XRP will rebound in the near future (if BTC does not have a deep correction)
XRP after defending its price level, changes trend and will try to break $1 in the coming days
XRP is trading on a red chart, the market is bleeding, is this a reason to worry? no it is a reason to buy gradually and just be patient, do you think Grayscale is buying cryptocurrencies to lose on it? but they can be patient, everything is a matter of patience