The coin broke the local uptrend line. We have a clear key level at 91,66. If price stars squeezing to this level, it will be a great pattern for a breakout. Entry point only after retest. Don't forget about SL. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share...
XRPUSDT is currently in a strong downtrend as show by the red line of the hull suit indicator. We have a very bearish kumo twist right ahead in the ichimoku cloud, further signalling a continuation of the downtrend. Also, there seems to be a bear flag pattern forming in the last few days. Considering all this, and XRPUSDT past performance, I'm betting for a...
Hello traders! Watch out for the breakout of the flat-structure that is currently forming, a great buy-setup in the making. The probabilities are good that this will go up, but whether it's the start of the big up move or not is not something anyone can tell. As traders we have to adapt to different market scenarios, we deal with probabilities here. For now I see...
Hello traders! Ripple is making bullish patterns, if we take a look at the daily chart, then we are able to establish a directional bullish bias based on the pattern (check out related ideas), we then take a look at the 4H and see that here we're also making a probable bullish pattern, therefore look for flag patterns (buy-setups). Trade with care! I will update...
Hello traders! There's a very good risk/reward opportunity developing in ripple at the moment. We have very clear and distinct patterns that are forming, these patterns repeat themselves and are a very good directional indication. Look for buy-setups on lower timeframes, trade with care! I will update my idea as the trade progresses if any changes occur and my...
circled touches on the fib level 1 Bounce off the 200 day moving average within a channel still, pump to push it firmly back in? Hodl XRP
Sitting right above the channel, so much potential right here just based on TA I am hodling
Four times price touched the local resistance line. But we didn't see a breakout. Now I see 2 scenarios: 1) Squeezing to the level. If the price starts to do it, it will be a great chance to buy after breakout and retest with sl. 2) Make re-low. If we do it quickly, it will be a big opportunity to bounce from the last low (0,6469). Write in the comments all...
I opened a buy position in 0.68. It was a great time to buy because of dramatically dropping in the whole market. With this drop, we showed how strong the zone 0.2- 0.6 is. On the chart, u can see a big accumulation there. Now I keep hold and wait for growth to 1.2 zones. Let's see what happened. I'm willing on another scenario. It's market and I'm not God Write...
Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector. The drastic rise in the NFT culture is a story to reckon with; however, users are forces to accept dwindling interest due to the...
Ripple is retesting support at 0.6367 level. We can observe it to respect that price and bouncing of of it. This level represents top of triangle we were talking about in March this year. On top of that XRP is forming a channel so there is a chance for nice pull back. Ichimoku: Chikou under price, SS1 under SS2 plus we experienced massive drop below Kumo,...
XRP is moving south again and going by the chart, it is heading towards point E on the chart. This is would be end of the cycle and XRP should bounce off point E and then breaking the upper part of the triangle. What would be interesting to see if it will be able to break the Resistance at $1. If it does then its good sign. however it looks unlikely. If you...
200 weekly MA is line in the sand. follow it for good trades. watch & see
Yesterday, the price made a false breakout oh key level 0.8883 and bounced from it. Now the best scenario for Ripple is building a local trendline with squeezing to it. If it happens, it will be a good pattern for a breakout. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a...
Hi guys Welcome to the new idea of ripple in which we will discuss the future of ripple. Future seems clear it will go to new highs soon. Currently it is in the symmetrical triangle and we are seeing the breakout soon. If you want to do scalp trading inside the symmetrical triangle then Buy : 1.35-1.45 Sell : 1.55-60 If you want to hold for long term then...
This correction for Bitcoin found Ripple consolidating, if we look at the bigger picture, and every new low for Btc had a higher low correspondent in ripples' case. If we were to make an analogy with recent development in Eth price, we can expect a similar outcome... In my opinion, with selling power lifted from BTC, a break of triangle's resistance is imminent...