We have so many resistance from up ahead, and the only couple supports from down. There is a problem that big whale or even RIPLE management funding this price drop, as we see that constant sell-off coming again and again. If we check lower TF like 5 min or even 1 min, we will see that the market manipulated by high trading bots. What I see does not make me...
As you see here in weekly time frame we are resting on top of the weekly 200 SMA which I don't think will break as support. Looks like accumulation phase and with the larger picture forming it can be a cup which according to one scenario of Elliot wave confirms. I see it bullish because the market as a whole is picking up volume that would be great for most of the...
XRP has moved nicely off support and is on its way to test resistance around 0.53 We didn't really see much volume accompany this move off support but volume has entered the market today, which is normal after the weekend BTC does however look weak here and any sharp move down could see XRP follow suit EMAs still trending upwards and expect both to...
#XRP (XRP/BTC) Buy : 6500-6650 Flash Sell : 6800 Short Sell : 7000 Long Sell : 7250-7500-7750-8000-8250 Stop : 6300 Follow me for more signals daily
XRP looking to close above $0.57 resistance (Green Box) if so $0.65 could be in our reach for sure..
MACD is bullish... Moving averages not so much, but we have to believe it's going to reach for that 50 day SMA ~8k Momentum squeeze indicator on the rise Aqua lines are old LONG FLAT ichimoku lines (magnets), but developed during bull market of course. RSI is low and looks ready to bounce soon Wedge was broken to the upside. Most adopted crypto by current...
There seems to be a nice horizontal consolidation occurring at the moment leading up to the crossing of two major trend lines. Healthy gains may be achievable with a tight stop loss and large position size. *The ideas expressed above are only my opinion and should not be taken as financial advice. With that said I do have a position in XRP, very bullish.
The next target level really is beyond 1 USD my charts says between 1.10 and 1.20 is the next most likely target for XRP. Support is on 0,85 cents if that breaks we have a healthy pullback first. But for now it seems to be continueing the weekend in.
I will write an additional analysis on this chart.
Looks like a good swing trade.
XRP is being back tested by western union and many other unnamed financial institutions aka MAJOR BANKS. with a bearish market cycle ending, I CAN SEE ripple rallying. TO MARKED TARGETS. all TA'S is MY OWN OPINION. GOD BLESS. Analysis is a mastery of observa- tion, while successful trading is a mastery of self.
Interesting to look out is the volume cycle. Good Luck
XRP's recent has been showing channel support that coincides with the 200 SMA. Looks like a good position to enter for the potential rise in ascending channel. Currently, at the bottom of the channel, we are also at the consolidation point on the pennant pattern, this is suggestive of an incoming breakout. Green Box is near term breakout target. Red box is...
We will see a boost towards the uptrend. we have retest the level. be patience and you will be happy with the result. my upside target is 5$ by the end of the January or maybe more then 8 to 10$.
Risk: Medium Dear followers, First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-) Note: Please, watch my previous charts in the...
Looking at the Fib speed resistance fan for XRP/BTC and it is following an extremely overbought bullish trend. It's difficult to do technical analysis on XRP due to how strong the fundamentals are driving price at this point, however the universe must adhere to the laws of mathematics, and therefore $hitcoins must also do the same. I am looking at shorting the...
If BTC keeps calm, this is what is going to happen. When MA 50 breaks out of MA 100... We are going out of this solar system.