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XRP / Bitcoin

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XRPBTC trade ideas

XRPBTC completed a BIG DIAMOND reversal; BB signals a big moveXRPBTC completed a very big diamond reversal pattern & is also forming the right shoulder of an inverse head & shoulder pattern. Measurered move of H&S shown on this weekly chart. The Bollinger Band is also very constricted in the weekly but have already expanded upwards on the daily. (BIG MOVE IS COMING!) It came down to retest a pivot support & so far holding it. It should encounter mild resistance at the next 2 resistance lines before reaching the neckline to complete the H&S. not trading advice
Long
by xtremerider8
2
XRP BREAKS OUT OF 5 MONTH DESCENDING RESISTANCE + BACKTEST XRP/BTC has been held down by this resistance line for months, we have recently just broken out of the range and back tested it as support. Both horizontal and descending support have confluence at 1800 sats. I see a good long opportunity R/R 5.15 XRP is bullish on a number else of factors: PARABOLIC SAR on the weekly has appeared reassuring bullish structure BTC has topped at 69k (4.236 fib extension) and usually when btc tops xrp runs, happens every cycle Weekly MACD crossing bullish If you agree with my some of my thoughts please give me a follow! Happy trading and remember to keep it simple!
Long
by Smoke_Weed_Everyday
XRP's time to rise against BTC looks close at hand!XRP's breakout Monday is seeing continuation today, as XRP is pushing through strong resistance at the 1900 sat range. Suggesting a strong potential for another 36% run in the coming days. If this move is driven purely by XRP pumping, expect XRP to run from $0.86 to $1.10. However this could also play out such that XRP consolidates/flatlines around it's current range as BTC pulls back to the $30k range. I favor the probability of former over the latter, but more than either believe we may see XRP run to $1.30 range as BTC climbs back to the $47k. This is obviously interpreting bullish continuation, as we could easily see a bearish reversal off this trend as we've yet to break the 2000 sat range with strength. Currently I'm 80/20 in favor of bullish continuation, but this is most likely due to my massive position in XRP so take this projection with a grain of salt, I would not recommend entering a trade at this range, but am still maintaining 75% of my trade position in XRP expecting continuation. May the odds ever be in your favor!
Long
by Jayed
STILL LONG XRP had a strong really after breaking out of its ascending triangle pattern. After making a local high of 2,093 Sats it has quickly retraced to find support at 1,750 Sats. I still hold a bullish stance as long as we can stay above 1,/30 Sats. -We are currently low on the RSI, located at a historic area for bullish price action. -There is bullish divergence painted on the 4H time frame. -XRP/USD is coiled up inside of a symmetric triangle pattern which is not necessarily bullish but confirms a large move in the near future. -An almost double bottom formation.
Long
by RighteousTA