TECHNICAL ANALYSIS MADE EASY YOU KNOW HOW WE LIKE TO DO IT!!!!
I have been very bullish about XRP since it dropped because of the SEC lawsuit. Although the lawsuit is not over, I already know the outcome for XRP, which is a victory. The community will not allow it to be deemed security, neither will ripple itself. A lot of people were quick to forget about XRP...
Overall still a bullish market structure. Price is following the trend nicely. One area to watch is the .43p area. We can see price failed to create a new high here but I suspect another attempt at breaking this level will be made.
#xrpusd #xrpgbp #xrpanalysis
Having just really moved sideways over the past week we still see No Good Reason to be short here.
XRP Sellers may be rewarded if right, but clearly the Risk to Reward opportunity is still with the buyers.
As stated in previous post the Crypto Market is extremely Volatile & anyone trading it has to have both their
& Trading DISCIPLINE In...
Although XRP has been in the headlines a lot recently regarding US regulators we still like the long side of this Crypto currency and have been adding to our exposure since its major selloff.
However we dont see a great location to add to our position around these levels.
Unless one is prepared to have a considerably high risk tolerance to this Crypto we would...
XRP has some upside ground to cover before it creates the next downside dump.
I would like to see a push into the prior order block highs before continuation into the level marked, as illustrated.
I assume the majority of people would be selling from this break and retest at the current price but I'm sure the market will do some manipulating before the true...
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...
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 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.