Looks like XRP Swell conference hype is starting, looks good for holders as this could move up a little more than where we are. If this jumped up a few levels from the start of the year it could get very nice.
Hey XRP Army!
XRP saw an increase of around 2% over the past 24 hours and it currently trades at $0.2805. This allowed it to climb by a total of 10.65% over the past 30 days as the cryptocurrency makes its way toward the $0.30 level once again. However, XRP has strong resistance ahead at the $0.2811 and the 100-days EMA before being able to reach $0.30.
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Today we will look at this trading pair on the weekly timeframe which shows us an extremely bullish opportunity in front of us. For the purpose of this TA we will be using a line break candles. These candles reduce noise and give us a clear direction of the trend. More...
Yesterday XRP hit our retracement target at 3250 sats, exactly as expected :-) In today's idea, we will look on the daily chart. Don't forget to give us a like and hit the subscribe button. We will follow this trading pair daily and don't miss the updates:-)
Let's jump into the chart:
On the daily time frame, we can notice some interesting development which I...
I longed XRP around 3220 and XRP has been doing nothing but what everyone is expecting with Swell Conference coming up. XRP is also seen as a "safe" play always.
With very little historical data to go off of with XRP in it's current level, this is the play I'm going to attempt.
Sell/Take Profit: 0.00004090
If this comes to fruition, I would...
Monthly: Tweezer bottom left by August & September's candle, support found @ 2400 satoshis. Last time the price was this low XRP was listed on Binance, the following month price fell to 60 satoshis with a beautiful recovery. Price remains in a downtrend with a new low formed, expecting to see XRP to push for a new high...
Very simple bullish sequence indicating that XRPBTC is close to aggressively rise again. Besides the bullish divergence on the RSI, the price has completed almost 20 days above the 1D MA50, the first time it has done so since December 2018. All past such occurrences resulted into a strong bullish move. My idea as a medium term trade is to take the profit once the...
ripple / bitcoin chart had very long period down trend channel.
After the point of inflection, channel trend was changed 2 times.
Now XRP/BTC is making up trend channel.
Now the slope of channel is very low and it can be increased or not.
We can check buy zone when the channel is changed with higher slope by breaking of channel.