This is how I view the macro trend for XRP\USD at the moment. I expect the accumulation phase to carry on until August/September before a serious move to the upside confirming a change in the trend. The price may touch again the $0.11- $0.14 zone for a double-bottom pattern confirmation. The fundamentals for this asset are now stronger than ever and the catalyser...
XRP/USD PRICE - EDGED HIGHER
On Friday, Ripple hit an over five-month high of $0.2570. Ultimately, the price closed a weekly candlestick in the green with a 23.7% gain.
Alongside this, the Relative Strength Index (RSI) remained in overbought territory emphasizing the strength of bullish momentum.
At the start of August, Ripple opened with an upward gap and...
Xrp haftalık grafik de çok güzel bir nokta da, hacim çok yükselmiş, 2017 boğa koşusunda bile böyle bir hacime ulaşmamış ve klasik bir AB=CD formasyonu var.
Stochastic RSI on monthly chart is highly oversold, and the price has reached a level that is parrallel to the last two highest peaks. if history repeats, then we may be set for a major upward movement.
Monfex is at your service and today we overview XRP/USD .
The small bullish with big bearish divergences by RSI played well. So the price had gone up from the triangle to the local resistance and bounced to the buy-support zone. Now RSI almost in oversold zone.
MA100 && MA200 support the bulls.
But if bears will take the price under a...
On the daily chart of XRP\USD a diamond patter has seems to have formed. This usually indicates a major bullish indicator and a possible trend change. With the 21, 26 and 55 moving averages being very close to each other under the 100MA we should expect all three to cross. The RSI does still have room to move on the up side before hitting oversold could indicate a...
An ascending channel has formed with a lower long-term parallel trend line being touched, Fibonacci trend lines touch up with multiple major support and resistance levels. If projected properly, price may see ATH July next year with a rally start in the coming months.
This is BitOwned with another trade setup for you ready for take off.
After the surprise drop from the cliff of BITFINEX:XRPUSD , that no one was expecting to happen (That should have been an alarm bell!), I took a step back as I usually like to do and waited for the chart to mature to find the best trade setup for you.
XRP/USD have stayed in the accumulation...
It looks like XRP is due to move upwards, to reclaim the horrific time it has had over 2019.
If you are looking to buy use BTC, this could get interesting if this does start to reclaim some of those losses.
Don't forget to check out the links below.
Yes, I am still long on both XRPUSD and XRPBTC as this asset has the strongest fundamentals in this market. There is a good reason why XRP has the most FUD in the market. The 100MA has already crossed the 200MA which represents the second "Golden Cross" event not long since the first one.
A small retracement may still happen over the weekend but on Sunday,...