Xrpshort
XRP/USDT 4h going bearish the mountain formation is completed and due to price action method its going be bearish for now so no profit in buying for now but stay tuned I will let you guys know how to do magic with classic indicators and price actions :)
you can earn $$$ with these methods in no time
Analysis XRPUSDsell range: 0.86906
Targets: 0.78939- 0.70972- 0.63005
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.94873)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.86906(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
XRP/USDT 1 hour chart Ascending Triangle
Looks to be throwing a ascending triangle that was entered from the above the triangle which signals a drop after a slight pump in to a descending scallop then down to bounce off the triangle up then fall past the apex of the triangle. The pump from the triangle will not exceed the support levels at the bottom of the HCR(Horizontal Consolidation Region) that the PA fell from to create the current pattern.
Starting at the current spot we should see a Impulse Grand Super Cycle ABC wave followed By a Impulse Minute 5 wave, Corrective Minute 5 wave, Corrective Minute ABC wave With an overall higher time frame pattern starting the downtrend with a Minor Corrective Minute ABC wave.
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$XRP Q4 Technical Analysis | WATCH THESE LEVELSSTRONG Technical Analysis on XRP/USDT $xrp
Strong Levels To Watch:
Support Level:
$.236, $.263, $.282, $.327, $.349, $.38, $.479
Resistance Level:
$.261, $.28,$.304, $.326, $.348, $3799
Recent XRP News:
Ripple donates $10M to Mercy Corps during annual Swell conference - During the annual Swell conference, Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on developing financial inclusion in emerging markets.
Mercy Corps is a non-governmental, humanitarian aid organization that aims to create economic opportunities in countries where the financial system isn’t operating properly. The organization claims to have assisted over 220 million people survive various humanitarian conflicts.
Pro Super Smash Bros player to receive a salary in XRP - More gamers around the world are moving into crypto.
Kengo “Ken” Suzuki, a professional player of crossover action fighting game Super Smash Bros. Ultimate, or SSBU, has signed a contract with SBI e-Sports, the gaming arm of Japanese financial giant SBI Holdings. Ken is also considered to be the world’s best Sonic player.
Trust The Chart | DotcomJack
Analysis- XRP/BTCHello friends.
Some thoughts about former king of pumps 🙂
Why do all XRP / BTC charts look like crazy drawings?
It shone so brightly in 2017 that people still hope and expect this “rocket” will fly.
- But in fact, it has been the weakest and most boring altcoin of the top 10 over the past two years.
- It declines only and cannot find solid support against Bitcoin.
- Maybe at 1500 Sat. it would be able to stop in its endless fall? We'll see.
XRPBTC: Good opportunity for LongAt D1, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying XRPBTC when the RSI reaches the oversold level near the 50% Fibonacci level and take the profit near the level of 0.000032.
Will history keep repeating itself or could be break up?Simple pattern repetition here, but as you can see, after each major move to the upside there is a prolonged period of downside. I can't ignore it and feel in the current climate (COVID) 'fundamentally' there is little to send us higher - maybe FOMO will kick in, but i fail to believe retail investors will risk precious cash and throw it in to XRP. Banks aren't investing, hedge funds.....nah.....so where does the capital come from to take XRP back to 17' levels? Regulation is still what seems a million miles away, utility is dragging it's heels, i can't find any good reason to go long at this point.
Opened Sell .3160
Target .2650
See where we go from there.