Xrpusdtrading
RIPPLE (XRPUSD) - Precondition:
Stopping volume.
The trend is globally rising.
The mirror level shows a big player. A large volume is thrown on defense.
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XRPUSDT - Break out trend linePrecondition:
Break out trend line
R/R - 1/3
Global trend up
Local trend up
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Binance Futures Trade Idea: XRPUSDT 10x Long
Binance Futures Trade Idea: XRPUSDT
Based on large pennant / upside continuation pattern on 4hr chart.
Possible hidden bullish divergence on RSI.
MACD starting to curve upwards.
Declining volume in pennant indicates explosive move with incoming volume.
Long XRP @ 0.6 (average buy-in), 10x Leverage
SL @ 0.58, below ascending trendline.
TP1 @ 0.7839, local high
TP2 @ 0.9650, measured pennant height
TP3 @ 1.00, psychological value ... or let it ride
XRP/USDT (RIPPLE) Resistance line BreakoutRipple Technical Analysis Update
XRPUSDT Currently trading at 0.270'
Entry-level: Above 0.270 ( only enter after the 1-day candle close Above the resistance line)
Resistance level 1: 0.327
Resistance level 2: 0.375
Risk Reward Ratio : (1 : 4.3)
Support level or stop loss: 0.242
ALWAYS KEEP STOP LOSS...
XRPUSDTThe market has been on a mid-term uptrend since March and is currently experiencing a pullback to the trendline support. The price is testing the flip support + 0.618 fibonacci retracement level + trendline support. A bounce off the trendline support + Breakout above the pullback channel resistance will be a good bullish↗️ . A breakout below the trendline support will be bearish↘️
XRP/USD - 3rd accumulation3 big side moves.
You can clearly see in this screenshot.
The third sideways movement has already lasted 21 days.
And most likely, the exit is scheduled for upward.
Buying in the middle of the canal for the upper boundary.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!