I think XRP will retrace around to the 31c region, I do not think it will hold or close at that level however i'm anticipating a spike before a drop down to 29.2 level/yellow trend line which is yet to snap.
i'm going to go short and place my stop loss at around 31.6c in 'light of a potential spike'
**Not financial advise.
As we see XRP head towards $0.30, we see the trend set, the MACD have crossed as well as the MA's. 20MA could see a retest before we reject then drop further. Closed below the $0.35 support yesterday and is looking very bearish.
XRP on the 4HR - 20, 50 and 200 MA are below price and acting as support. Last time this happened the charts shows we pushed on hugely. Once again this is the case.. Red zones are resistance. We could be about to surge towards $0.55 is this is the case. All 3 MA are pointing to the upside movement.
After a great couple of weeks trading i finally took a first real loss on the account on the GBP trades which i knew was coming as i had been on such a consistent run...
Time to take a break until next week... Losses are good as it gives you a chance to reset and refresh which is always needed... especially with NFP tomorrow hahaa
...... I have spotted a very...
XRP ON THE 1HR, Like stated last night, we melted through the trend line (BLUE SQUARE) as the candle closed below and hit $0.44 on some exchanges, then we picked up a new trend to take us towards the (YELLOW AREA). Next two zones we will be targeting are marked as RED ZONES.
Long forecast for XRP and the $10 prediction in place. 210 days of a downward trend followed by a 287 downtrend, where we reached the ATH of each downward trend within 1 week. XRP has the most potential due to the fact they are gain partnerships weekly and seem to be the most active crypto on the market.
XRP after failing to close above the $0.49 resistance for the third day in a row looks set to push downwards towards the targets stated, Cloud still pushing XRP downwards and the MACD as signalled a downward movement also.
XRP still in a uptrend as the trend shows.. 8MA acting as a small resistance and 20MA acting as a support, Possible retest of 50MA is coming, but seeing as they is major news regarding XRP tomorrow we could see a surge towards $0.65 Green Box.
While XRP was up over 90% early this week, We have seen the value drops towards lasts week values. Last support of $0.44 until we go back towards $0.35 (Blue Area).. When we reach this point we could shoot towards $0.30..
After a 20% gain on Tuesday, XRP still has buying power and is forming a rising wedge, Red line is resistance on the 1HR closure candle, a closure above this level and we could see $0.35 which is another resistance. If we break below the wedge we should see support on $0.31.
. 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 34.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
. There is still a possibility of...