XRP has produced a daily bullish divergence, it is hard to see the lower low on the RSI, but trust me ITS THERE! This is the classic example of a oscillator , price bullish divergence.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2698). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRP/U.S. Dollar is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.2698). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XRP/U.S. Dollar is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Ripple: Buying Trade Setup. Note: This is only for Educational purposes; this is not investment advice.
The next moves of XRP is pretty clear. The reversed Head and Shoulder on the support (very strong support , market in red ) is a clear signal of inversion . Price has also broken the short term trendline (black line) and price can only go up . Targets are market in green and orange . Simple analysis, for simple profit. Greetings, S :)
On week chart the Ripple is moving in a falling wedge. The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 this is the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the priceline is also hitting the lower band of Bollinger bands. Now we have some more positive developments in favor...
Price action of XRP / US Dollar has formed a bullish Gartley and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closed below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.21457 to 0.20929 Sell between: 0.21873 to 0.22870 Regards, Atif Akbar (moon333)
Technical analysis: . Ripple/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action...
Technical analysis: . Ripple/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action...
Priceline of world's 3rd largest cryptocurrency Ripple (XRP) has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the move of price action to see how perfect this pattern is driven: After initial leg (X to A) the A to B leg is...
Priceline of XRP / Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.18946 to 0.18848 Sell between: 0.19066 to 0.19296 Regards, Atif Akbar (moon333)
Priceline of XRP / Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.19281 to 0.19197 Sell between: 0.19482 to 0.19786 Regards, Atif Akbar (moon333)
Price action of XRP / US Dollar has formed a bullish Butterfly and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closed below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.19341 to 0.18229 Sell between: 0.20204 to 0.22299 Regards, Atif Akbar (moon333)
In my previous post: We have seen that the price action of Ripple / US Dollar has formed a bullish Crab and so far the price action is still moving within the potential reversal zone of this pattern. This time the priceline has formed a parallel channel within the potential reversal zone of this shark pattern and likely to form a 3rd bottom at the support of this...
Price action of XRP / US Dollar has formed a bullish Shark and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closed below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.22065 to 0.21907 Sell between: 0.22236 to 0.22581 Regards, Atif Akbar (moon333)
On 25 Oct the xrp moved up with massive trade volume of $2,486,979,029 while on 24 Oct it was recorded $1,638,078,551 as per coinmarketcap data. On day chart volume oscillator was showing powerful value of 18.66 and more than 51% volume was increased and strong green bullish candle stick was showing the power of bulls. Lets have a look behind the scenes. If we...
XRPUSD rejection from double top at 0.3035. Potential rejection target: 0.2875. Price action above EMA 21,50,100,200 strong uptrend. Consolidation bellow resistance bullish pattern. Still Hold above green support trend line. Potential upward target after consolidation double top area at 0.3273$. Volume: Confirm bullish price action. Indicators: MACD bullish...
On short term 1 hr chart after forming a bullish Shark pattern priceline of XRP / US Dollar is forming bullish BAT, sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced from 0.786 to 0.886 fibonacci and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss point in case of...