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Xrpusdshort

XRP - Where are we headed?📈📉In today's big brain analysis, we'll be breaking down the infamous altcoin XRP. Let's dive right in... XRP seems to have slowed down at long-term supply levels kicking in around ~0.58 which is exactly what we want to see for a healthier continuation of this 2023 rally. The crypto market as a whole has shown a lot of resilience throughout last year so it would not be wise to enter any substantial downside plays in this market, at least until ES and NQ break major demand levels to show a potential new low coming. With that being said, we rejected the key supply at ~0.58 on 03/29/23 and are yet to retest that level. It is very possible that this supply level will hold up for a significant amount of time. However, the weakness in the last 10 days gives us a nice pullback for continuation to the upside off of this ~0.49 demand zone. Our main watch should be longing for the retest of supply at ~0.58 until demand at ~0.49 breaks. It is also important to note that volume during the last few days has been very low which explains why we haven't gotten a significant move during this period. Bullish Case: you want to see this ~0.49 hourly demand hold, volume to start building up here, and strength off this demand to retest hourly supply around ~0.58 Bearish Case: you want to see volume kick in on the downside and break hourly demand at ~0.49, show further weakness, and look for a retest of ~0.49 for further downside As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors. Eyes peeled out there team. See ya in the next one.
by QuantVue
8
3 PHASES / FACES of XRPHi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. As you all know by now, I'm a huge fan of XRP. The fundamentals are promising, and I've done a number of posts on these. Including: AND These posts cover the fundamentals and key concerns for altcoin XRPUSDT. However, if we take a look at the actual chart, it doesn't look great (in all honesty). Ideally, on any coin, you want to see growth. You don't want to see a continious return to lowest lows. Instead, like Bitcoin, you want to see higher lows over time and higher highs. Now one could argue this observation two ways : either for or against XRP. Which ever way you decide to argue, it's noteworthy to appreciate the simplicity of the market cycles occurring on XRP - Pump , Dump, and Consolidate until next Pump. We've recently seen a +30% pump, can you guess what comes next? I think the chart is self explanatory; in it's complexity, it's actually pretty simple : Buy LOW, sell HIGH. Don't be greedy, take profits. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
37
XRP sequence for trading remains with lower highs.XRP - 24h expiry - We look to Sell at 0.3878 (stop at 0.3978) The primary trend remains bearish. Trend line resistance is located at 0.3885. The sequence for trading is lower lows and highs. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. 0.3986 has been pivotal. Our profit targets will be 0.3638 and 0.3608 Resistance: 0.3650 / 0.3750 / 0.3820 Support: 0.3600 / 0.3550 / 0.3501 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.
VANTAGE:XRPUSDShort
by VantageMarkets
2
XRP's downtrend line is still present.XRP - 24h expiry - We look to Sell at 0.3898 (stop at 0.3968) The primary trend remains bearish. Trend line resistance is located at 0.3900. We look for a temporary move higher. Preferred trade is to sell into rallies. There is no clear indication that the downward move is coming to an end. Our profit targets will be 0.3718 and 0.3688 Resistance: 0.3700 / 0.3750 / 0.3800 Support: 0.3600 / 0.3550 / 0.3501 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.
VANTAGE:XRPUSDShort
by VantageMarkets
XRP continues to be under downtrend line influence.XRP - 24h expiry - We look to Sell at 0.3838 (stop at 0.3898) Trend line resistance is located at 0.3845. Daily signals are bearish. Preferred trade is to sell into rallies. We look for a temporary move higher. We are trading at oversold extremes. Our profit targets will be 0.3688 and 0.3658 Resistance: 0.3640 / 0.3700 / 0.3780 Support: 0.3600 / 0.3528 / 0.3500 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.
VANTAGE:XRPUSDShort
by VantageMarkets
RIPPLE - Fundamental News Strong Support.The momentum that gave 10% local growth from the pro-trade tells us the intention of the price to show growth further. The news that's been circulating around the internet says: "Ripple CEO: already 12 independent organizations from the world of finance are promising legal support for Ripple in proceedings against the SEC." Perhaps these events are luring traders into longs playing on emotion, for further gains at the expense of their stop losses. If you like the idea, do like it. That's the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy. Pay attention to the missed opportunity to work out the trading situation.
by Artem_Dishel
1
XRPUSDTPERP - Re-accumulationIf from the current price the buyer will not be able to break through the local resistance for further movement, we are looking for an entry point into the long at the lower boundary of the range. On the chart after the breakdown of the trend and the formation of the range, we see that the spread is narrowing and the volume is falling, which tells us about the absence of large sales. If you like the idea, do like it. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
by Artem_Dishel
3