XRP BULL RUN LOADING - MID MAY BREAKOUT??My analysis is that we will see a bull run middle to end of may that breaks us out of the bullish flag that we see on our weekly chart. It may take longer than that but eventually we will breakout of that pattern and our next ATH should be something like 5$. Thoughts?
RIPPLE trade ideas
XRP forms inv. H&S, suggesting a 21% upsideXRP is nearing a key trendline with an inverse head and shoulders pointing to a possible breakout. Watch 2.1974 closely. Targets at 2.47 and 2.67 offer strong risk-reward.
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XRP - one of the best looking ALTA lot of fear happened in the market and a lot of people are out after this flush.
I believe XRP is one of the better looking coins, most coins are trading near all time low while XRP is still trading around 2 dollars.
What i mean is that once buyers get more confident that a bottom is formed, a lot of coins will see 100 or 200% to the upside. While most coins will not see an all time high at that moment, XRP will trade above 4 dollar just with a 100% increase.
When we look at the charts i believe that a 5th wave still need to happen and that we can reach between 15 and 20 dollars at the peak.
Keep a few things in mind what can be a catalyst for XRP to surge.
Many ETF's are waiting to be launched, the SEC will in the near future conclude the case against Ripple..
Let's take a look at following chart's what also can be bullish.
XRP - Breakout will push the price to 5+ USDPrice got reject around the previous resistance line formed after hitting the new ATH on 2017. After 7 long years XRP was able to hit the previous ATH value.
After getting reject from the ATH XRP is trading inside the channel, a breakout from this channel would push the price to previous ATH and a strong breakout from previous resistance is needed to reach new ATH.
Lets see if the price break the channel.
Cheers!
GreenCrypto
XRP/Ripple BUY We have been in a corrective pull-back for the last few days it seems the pattern is now completing itself and we can now expect some upside to start showing from today or in the next few days, Buy Stop orders have been placed incase the market just continues to drop we dont lose anything and potentially get better entries. have proper risk management measures as these are leveraged products and cant always be predicted precisely all the time.
XRP weekly planMarked the important levels in this video for this week and considered a few scenarios of price performance
Local resistance at 2.3$, local support should at 2$
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The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades! MURA
Ripple Trades Sidways: What's Next?FenzoFx—Ripple (XRP) remains above $2.091, trading sideways in a low-momentum market. With support at $2.091 and resistance at $2.218, the trend is bullish as prices stay above the 50-period SMA.
The uptrend could extend if XRP/USD closes above $2.218, aiming for $2.355. However, a correction may begin if prices fall below $2.091, with $1.999 as the next support.
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TRADING FROM A DIFFERENT PERSPECTIVE - XRPGood Morning,
Hope all is well. I always trade using 3 different time periods. This gives me an overall view of what a stock/crypto is doing as well as the short term plays in between that I can take advantage of. Earlier, I did a XRP on the hourly, currently this is an XRP on daily.
Enjoy!
Potential Reversal Signal for XRPHello this is my first post, also Im new to trading so not 100% confidant.
but XRP has had 7 bars up on the 8 hr time frame (following the 7-10 bar rule) we can expect a reversal to re-test some support zones ($1.9176) before further upwards movement in the upcoming weeks to reach the 1.68 extension ($2.3569)