Our monthly chart allowed us to take profit once at 0.70 and re-open buy positions at 0.50 The all time trend line (o,70-0.77 level) can be broken and the next stop of 0.97 is a possibilty. Unlike BTCUSD which is flirting with new record high prices, we would be VERY surprised to see Ripple (XRPUSD) reach it's historic high levels of 3+ A 1.5$ high is a...
Ripple - Intraday - We look to Buy a break of 0.6511 (stop at 0.6297) Posted a bullish Flag formation. A break of 0.6500 is needed to confirm the outlook. The primary trend remains bullish. We look for gains to be extended today. Short term MACD has turned positive. Our outlook is bullish. Trading volume is increasing. Our profit targets will be 0.7079 and...
Last week I was pretty bullish on XRP when the price was below $0.50 per XRP and currently is hovering above $0.62 per XRP with no signs of exhaustion. This time we will be looking at 6h chart instead of daily one as it contains more valuable information’s about the future price action. After the $0.50 psychical resistance and weekly one was broken at this...
Lovely price action in the last few weeks for XRP. The commencement of the 2020 Bull Run is truly underway and I expect to see some very strong moves to the upside for XRP. Previous resistance coming in to play as support at .5650 and I expect to see us crush the upper limits of each level before the end of the year all the way up to circa .8200 - Taking profit...
We broke out of this triangle formation which highlighted a local top brake out was unsuccessful, hopefully next time it will be successful!!!
Based on ab=cd algorithm and its exact projection on the lower trend line of pitchfork, I suppose a reduction to the indicated price on the chart and then restarting the uptrend. what do you think?
It is very likely that he will pull a pullback and start climbing again, that if he breaks the resistance range of 0.7, a good climb will go up to close to one dollar.
Its possible XRP can head back up to $0.66. Its an area to pay attention to
I have come to some realizations that have really helped my charting and its predictive power aside from some of the generic stuff about using higher timeframes and all that. Triangles form wedges Wedges form channels If you can draw a line, try to look for a channel If you can draw a channel, try and look for a fib channel Fib levels are places of...
For me to become bullish again we have to break through both red lines until then it is a nail biter for me. What makes me 25% excited is that we broke out of a falling wedge on a 2 hr chart so I am still holding my position and watching resistance lines very closely. The minute I start feeling weakness - I am out. I don't believe in this and do think XRP has...
XRP appears to be in a bullish descending wedge structure after the last drop. If this holds true, I’d expect another run at the local top. This is all depending on what BTC does of course. Have a plan, but overall I like the way XRP is looking on both USD & BTC pairs. GOOD LUCK Y’ALL!
Since the price of XRP went up so drastically, it's trading in areas where we haven't seen much price action recently. A common trick you can apply in those situations is to go back further in time and find horizontal zones from when the price did trade at that level. I did the same and found strong levels on the daily from September, and April 2018. I charted...
Ripple - Intraday - We look to Buy a break of 0.7517 (stop at 0.7148) Daily signals are bullish. A break of yesterdays high would confirm bullish momentum. Trading volume is increasing. A break of 0.7500 is needed to confirm follow through bullish momentum. We look for gains to be extended today. Price action has formed a bullish ascending triangle formation....
Not going to poop on anyone's parade but last time on 9/17/2018 XRP ran up from ~.26 to .78 in 4 days or whatever and everyone almost pooped their pants that bull market is back....well looks like same shit now different year. 11/19/2020 from about .26 to .78 in 4 days again. Same shit different timeframe but everyone including me with your grandma on my lap is...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
At first glance I can spot the ascending triangle formation that is forming and based on previous triangle, the break is expected to break to $1! There is one noticeable resistance located at $0.85 where a slight corrective move can be seen. Good luck with this trade!