This technical analysis does not involve fundamentalist factors, which are the most important and relevant. As there is no data on it, I just relied on calculations of previous cycles plus the Bulls season data (In general, not only in crypto. I already made a few posts with data about this topic).
If you think $ 360,2232 it's an absurd value, what would you say...
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.
Hi, dear Traders!
Monfex is at your service and today we overview XRP/USD.
What do you expect from Ripple ?
We have already described in the preceding charts the situation and perspective by XRP and now we will determine the buy levels.
According to the weekly chart, a lot can be said about this asset. For example: by a breakout of the key level(~$ 0.315), along...
Normal chart Xrp / Usd, that invalidates any pessimistic tendency. The normal chart and the inverted "can't" have the same nature as it opposit.
If you liked, hit the like button and share the idea!
Thank you!!!
Hi, Traders ! Monfex is at your service !
Ripple’s CEO Brad Garlinghouse claimed in an interview that Ripple will have the same impact on fintech that Amazon did on the book industry.
* Whether or not the statement of Ripple's CEO makes sense in the long-term, we still see that Ripple is gaining popularity among global investors.
* Even though XRP is going...
Hello this is my analysis on XRP. There are two possible direction the market may go. If you already entered a short at the 0.26 level a few days ago i would keep SL tight because we could se the market going to further highs to the 0.28-0.29 level even a spike to the 0.30500. Other possible trend is market breaks the 0.24 levels and goes directly to the 0.20-0.15...
Hello, Traders!
Monfex is at your service and today we overview XRP/USD.
The first signal to the begin of the bull trend is a break of the resistance line, the second is the key level for the start of the bull trend. But at the moment, XRP is under the line and globally in a bearish trend.
Local support level $ 0.268 - 0.27
Local level of resistance $ 0.28 -...
Hello, Traders!
Monfex is at your service and today we overview XRP/USD.
On the chart, we see two large channels (ascending) that set the PPP trend up. Locally, it is located in a small downward channel.
The first scenario: there is a support zone where the support line of one of the channels ~ $ 0.15 - 0.20 also crosses, from which an impulsive push up to new...
Trendline was met within 6 hours of posting the setup this morning.
Price successfully hit the trendline with absolute precision and reversed. As stated in the prior idea, my long position was entered with a 30pip stop targeting the $0.3400 region.
Hopefully, if you were patient you managed to catch the move as well!
Price is currently up around 60 pips and...
On Oct 7, XRP rallied up from 0.2570, breaking through level of 0.2640 and reaches level of 0.28620 on Oct 08, previous support on Sep 19. Prices was then pushed back down to level of 0.2640, its previous resistance on Sep 30, now turned support.
Also notice that from Aug 28 to Sep 16, there was a strong consolidation of prices, before the bulls prevailed by...
Inverted Xrp / Usd chart, that invalidates any pessimistic tendency. The inverted chart "can't" have the same nature as it opposit.
If you liked, hit the like button and share the idea!
Thank you!!!
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
