Xrpusdshort
☀️ Shines on the Market, But XRP Faces ☁️ OutlookThe sun is back and shines on the global crypto market ☀️, signaling a slightly bullish market with upside potential in the next 24 hours. XRP, however, faces cloudier trading conditions ☁️, indicating a slightly bearish market with downside risk.
Over a one-week horizon, the conditions are mixed with continued sun over Bitcoin and Binance. Other altcoins such as Ether and Litecoin are likely to face less favorable trading conditions, according to ATTMO forecasts.
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🌞 Skies for Crypto Market, Except XRP: ⛈️ Conditions ForecastedXRP 🌧️ is facing stormy weather ahead. With bearish conditions and downside risk looming, investors need to brace themselves for potential price turbulence.
On the other hand, sunny weather with a few scattered clouds 🌥️ lies ahead for the global crypto market, translating into a slightly bullish market with upside potential in the next 24 hours and over a one-week horizon. The crypto universe is boosted by various ETF news and increasing interest from institutional investors.
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XRP's Rainy Forecast in the Crypto Market - What's Next? 🌧️The global crypto market faces sunny conditions with a few clouds 🌤️ in the next 24 hours and over a one-week horizon, signaling a slightly bullish market with upside potential. The market is boosted by reports of a second filing of an exchange traded fund in the US 📈, which would boost demand for Bitcoin if approved by the US regulator.
XRP bucks this positive trend, with rainy conditions 🌧️ ahead both today and over a one-week horizon, indicating a downward trend. The XRP community is still awaiting an indicative court ruling in the US ⚖️ which has the potential to impact the entire US crypto sphere. 💼🌍
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XRPUSD Sell TF D1. TP = 0.3356 On the daily chart, the trend started on March 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.3356
But do not forget about SL = 0.5866
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
XRP gains to be capped?XRP - 24h expiry - We look to Sell at 0.5214 (stop at 0.5314)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
Broke the sequence of 5 positive daily performances.
Rallies should be capped by yesterday's high.
Our profit targets will be 0.4964 and 0.4914
Resistance: 0.5100 / 0.5160 / 0.5257
Support: 0.4986 / 0.4925 / 0.4850
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRPUSDT ARE you rdy ? 😉🧨The cryptocurrency that I analyzed for you
It is one of the favorite currencies of the American government and banks because...
This currency code is generated from interbank transactions and only banks can generate it, so this currency code is actually for the banks themselves, but people don't know.
Now let's go to the analysis of the trend
The cryptocurrency trend is upward and will give at least 100% profit to its investors.
The target it will see will be $0.9171.
XRP to find sellers at current resistance?XRP - 24h expiry - We look to Sell at 0.4645 (stop at 0.4745)
Bespoke resistance is located at 0.4650.
We look to trade the current range.
Daily signals are mildly bearish.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
Our profit targets will be 0.4395 and 0.4345
Resistance: 0.4530 / 0.4600 / 0.4650
Support: 0.4450 / 0.4410 / 0.4350
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP to breakdown?XRP - 24h expiry - We look to Sell a break of 0.4388 (stop at 0.4508)
We are trading at overbought extremes.
A higher correction is expected.
A sequence of daily lower lows and highs has been posted.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
The bias is to break to the downside. Previous support located at 0.4100.
Our profit targets will be 0.4088 and 0.4048
Resistance: 0.4450 / 0.4550 / 0.4590
Support: 0.4394 / 0.4350 / 0.4250
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Ripple to extend losses?XRP - 24h expiry - We look to Sell a break of 0.4048 (stop at 0.4183)
Our short term bias remains negative.
0.4056 has been pivotal.
The bias is to break to the downside.
We look for losses to be extended today.
Daily signals are mildly bearish.
Our profit targets will be 0.3728 and 0.3668
Resistance: 0.4350 / 0.4415 / 0.4450
Support: 0.4200 / 0.4095 / 0.4000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP what will happen to Ripple?IT'S NOT FINANCIAL ADVICE
SO JUST READ AND THINK ABOUT IT. IS THIS REASONABLE OR NOT ?!!!
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Hi Guys
what's up?
I try to explain simply
it's a new day and I want to dedicate to you a new analysis of #XRP
as you see we have a parallel channel and the price reacts to this channel line whenever the price touches it.
so, we expect that the price touch the channel line in the RED circle.
That's all.
please SHARE this analysis with your friends and write below what you think.
Are you agree with me?
by the way, the next analysis is about GOLD
SO DON'T FORGET TO SHARE AND WRITE YOUR COMMENTS.
XRP to find sellers at market?XRP - 24h expiry - We look to Sell a break of 0.4679 (stop at 0.4829)
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
There is no indication that the selloff is coming to an end.
A break of the recent low at 0.4688 should result in a further move lower.
We look for losses to be extended today.
The trend of higher intraday lows has also been broken.
Our profit targets will be 0.4329 and 0.4229
Resistance: 0.5000 / 0.5050 / 0.5150
Support: 0.4850 / 0.4688 / 0.4550
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
🔮🔥XRP - Critical Levels to Watch🔥🔮What's up traders!👋
In today's breakdown, we cover one of our favorite altcoins in XRP.
Let's cut right to the chase and dive in...
CHART KEY:
Supply: 0.523-0.529 (red zone)
Demand: 0.492-0.501 (green zone)
Other key levels: 0.511-0.514 (grey zone)
XRP has clearly slowed down since our last analysis on it and has been trading inside this channel between ~0.49 and ~0.53 this whole week.
Our original plan of avoiding any substantial downside play is still valid since we have continued to hold demand around ~0.49
The true risk to reward remains on the upside still with demand at 0.492-0.501 holding up. We would need supply at 0.523-0.529 to be broken for a high conviction / big move.
However, shorter term short plays are valid now that we have identified this channel and seen the strength of it - all we need to do is be cautious of shorting into demand and longing into supply until either of those levels are broken with conviction.
We are currently trading in a key zone between 0.511-0.514. We need to be cautious of this zone if we're bullish and cautious of demand below if we're bearish.
✅ Bullish Case: you want to see price break past this 0.511-0.514 zone, pull back into it, show that it will hold this level and find strength here for a move past or into supply at 0.523-0.529 again.
Or you want to see price pull back into demand at 0.492-0.501 again, support build up again for a move back past or into this ~0.511 zone.
The big upside play would be to wait for supply at 0.523-0.529 to be broken and have it become new demand if it pulls back and finds support there for possibly a big move into the highs from a couple weeks ago.
🟥 Bearish Case: you want to see price reject this 0.511-0.514 zone, pull back into it, show that it will hold resistance here and find weakness for a move back into demand at 0.492-0.501 again.
Or you want to see price approach supply at 0.523-0.529 again and reject for a downside move.
The big downside play would be to wait for demand at 0.492-0.501 to be broken and have it become new supply on a pull back.
So what do you think? Where is XRP headed? Boost and comment your thoughts below!
We'll see you in the next one
-The AlgoBuddy Team