XRP daily chart suggests a bullish continuation. A Fibonacci retracement could offer a favorable long entry point. Target potential profits at previous swing highs. (Disclaimer: For educational purposes only.)
In this video i will explain my targets for XRP and where i think price will most likely head to next based on technical analysis
If you're holding XRP and found this video helpful please like and share
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XRP is showing a bearish bias on the daily and 4H timeframe. A break of market structure to the downside on the 4H chart with lower highs/lows reinforces this sentiment.
Intraday Opportunity: We are looking at the 61.8% retracement for a sell opportunity with SL placed above the previous highs, and targeting previous lows.
Disclaimer: Please note that this...
XRP exhibits clear signs of bearish pressure on both weekly and daily timeframes. The formation of lower highs and lower lows signals underlying weakness. Price has now reached a key support level, raising the potential for a retracement and a short entry opportunity.
Potential Trade Setup:
- Entry: Consider a short position upon a retracement, targeting...
XRP Can Rise Again! Discover The Reversal Areas
From the previous analysis, XRP reached two of our bullish targets.
It was a perfect move.
So far we can see that XRP found a strong resistance area near 0.7000 which pushed the price back down very aggressively.
However -10% within 24 hours is a lot.
You can watch the video for further details.
Thanks and good luck!
Lately, XRP (Ripple) has demonstrated a strong upward trend. This video provides a detailed analysis of this trend, thoroughly examining price movements and revealing potential trading chances by extensively studying both weekly and daily timeframes. Anticipate a thorough assessment of price changes, market trends, trend analyses, and crucial technical analysis...
Hi Traders, Investors and Speculators of Charts📈📉
As promised, a short term update on XRP.
It's important to remember, the price action we're seeing on most altcoins right now is due to rotations between BTC and alts. More info on this topic here:
XRP is notorious for making untimely, parabolic increases and falling just as hard shortly after. XRP can trade...
Conducting a meticulous analysis of the charts reveals a retracement in XRP from its recent peak. A discernible observation on the weekly timeframe indicates an overextended bullish trend with a current pullback underway. The pivotal query revolves around the extent of this retracement – will it deepen, or is there potential for a rotation at the current level,...
XRP: 0.5500 Resistance Zone May Push The Price Down Further
Yesterday the price found a strong resistance zone near 0.5500
Actually, this area has been tested 3 times in the last 2 months and the price failed to penetrate.
So far the price is going down and may test the base of the structure again close to 0.4700
You may find more details in the video!
Thank...
Hi everybody. Look at 1H XRP timeframe.. we have a big volume of bulls close their position, bears purchase this and then re-sell all volume. Target for bears 0.485. Have a nice weekend and follow me )
