XRP with a downtrend breakout on the 1H taking the 50MA as support and retesting nicely on a high volume channel with a potential MACD bullish crossover about to occur. Could we see it continue its next leg up?
Lovely bullish move on XRP. I have been waiting for this for a month at least.
Now that it has happened I would love to see a pullback to get into another trade. I won't chase this price my spot bags will carry me quite well Closed out my profits at 1.00 evens and put it straight into my spot bag!
Any margin trade I take will have to be around these areas in...
There is a Trading Signal to Buy in XRPUSD
Traders can open their Buy Trades NOW
XRPUSDT XRP Ripple
⬆️Buy now or Buy on 0.47
⭕️SL @ 0.41
🔵TP1 @ 0.56
🔵TP2 @ 0.64
🔵TP3 @ 0.78
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There is a strong resistance coming up at $0.64c, so expect a big move coming up on the upside or downside very soon!!
Will you be able to hold on, or will you take profits and expect a dip to around $0.57 in order to come back in lower????
Long position taken here from 0.47(ish)
SL at roughly 0.435
TP at 0.70 to 0.725 (ish)
I think this is on it's way to the top of this line of the triangle/wedge formation.
I would then expect another bounce to the lower line after that before finally moving up for the big breakout.
I believe the big breakout to the upside is inevitable regardless of any...
". There is a possibility of temporary retracement to suggested support line (0.44820).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. XRPUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.