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XRP Holding on to the small support that was holding in early July, once we break this 6190 sats will be the next support. MACD has crossed to the red and signals we could he heading lower.
We will wait XRP break down the pattern and try short entry
Good luck !
We may have Bearish Flag pattern in price
RSI show Head and Shoulders pattern so watch out this guys
DMI 4c also show bullish is weaker than before
Good luck with analysis and follow me for more TA ! Thanks !
Hi every one, XRP are in short term downtrend at right now.
We will consider some criteria in below:
First is 3 WMA : WMA 14 ; WMA 49 and WMA 105. Why is WMA ? Because WMA also declare about volume of XRP.
When WMA 14 cross down WMA 49 (short term line crossed below middle term line ) show for us the downtrend just occur in short term
When WMA 14 cross down ...
ignoring the possible bearish descending triangle, XRP seems to have found some support at the previous pennant breakout level.. (see prev chart linked below) the 4hr chart shows XRP is low on RSI & MACDs about to cross.. the sideways resistance line drawing in closer and yet to be broken since recent ATH.. All points to be coinciding with a potential BTC move ...
As it is seen on the graph there is a possitive divergence occured(not exact but fair enough). If it will increased the fiat, Inverted head and shoulders will be completed.
And possible targets shown as arrow. MACD olso seems quite satisfied as 30 min chart.
I don't usually trade or publish much below 1 day charts but XRP has pulled me back in.. in the past these bull signals produce results. Will XRP buck the trend if and when BTC hits its resistance and carry on up or retrace? Huge movements in the past could provide the volume.
Looks like XRP has broken out of the down trend.
IF you are a bull, you go for the bull flag and, a break of the upper trendline to go long. if u are to late wait for the retest of the trendline + the weak bull div
If you are a bear, this is a good channel to short... we are now on the top inn the channel, and this will be a awsome short..
Up to you, i like both of the trades, but wait for confirme
Yellow weekly support
Red monthly support
An indecision candle has formed on a major support line, if the next candle reaches higher then previous candle there should be a chance to go long with a profit ratio of 1.5.
Don't like the minor resistance being so close to the profit line, if things goes sidewards maybe long to get out early.
. RIPPLE/BITCOIN 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 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
. There is a possibility of temporary ...
In this chart you see i have a line line that seams to be imatating the charts movement , wrong . This is the XRP/BTC correction which happened last year and i have copied and pasted it from last years correction , and forecasted it over this years and its quite scary how alike the two are its almost a clone! , This is the best price to buy xrp right now as it is ...
Fractals on XRP. Pump coming soon?
Breaks this line and a free fall down occurs
(As ever, not financial advice)
If XRP can't hold this current price support line then i'm expecting a big drop...
Practice number 3 with ripple, there was a lot of support i found in this, maybe it may be too much