. There is a possibility of temporary retracement to suggested support line (0.6273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. Ripple XRPUSDT is in an uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
XRPUSDT brokedown below the trendline support and retraced.
Price is testing the 0.618 fibonacci retracement level.
Sell entry ⬇️ - breakdown below the pullback trendline support + previous swing low.
Target 🎯 - Support levels.
Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .
XRPUSDT brokeout above the ascending triangle resistance as expected.
The market is testing the ascending channel resistance.
Price action is printing a descending triangle pattern.
We could see a breakout above the triangle resistance ⬆️ or a breakdown below the triangle support ⬇️.
Here's a trade I've been waiting patiently for since we broke above $0.30 per coin.
I believe once we enter this weekly discount area between $0.217 and $0.202 we could see an explosive move to the upside. Pay particular attention to the monthly demand high at $0.2147 and $0.2024 - These were the levels that Smart Money was buying up as panic swept the market and...
XRPUSDT is testing the trendline support.
Price action is printing a symmetrical triangle pattern.
We could see an uptrend continuation ⬆️ - breakout above the symmetrical triangle resistance, or a correction ⬇️ - breakdown below the symmetrical triangle support + trendline support + previous swing low.
XRPUSD is currently in a confirmed uptrend, with the majority of investors remaining bullish. This surge in price seems to be a result of the banning of crypto CFD (contract for difference) trading, and the ending US stock stimulus packages. We should expect to see new highs.
Ripple is a real-time gross settlement system, currency exchange,...