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Ripple / Canadian Dollar

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XRPCAD trade ideas

XRPCAD 'D' - A Quick 15% Before Resistance!Trending mainly within a parallel channel for the best part of half a year now, only breaking out briefly on the upward side to test resistance one time before returning back to the confines of the channel. It's time for XRP to break out again on the up side and test this level once more. Although levels are closing in on the current price it's an unknown if the market will be strong enough to break through any resistance barrier, but it's certainly proved itself to be strong enough to touch the descending line of resistance - this is all we need to bag a quick 15% from our Crypto Tipster v2 signals over the next week or two.
Long
by theCrypster
XRPCAD 'D' - Stuck in new Range Until Feb?Could we be looking at XRP being stuck in this ranging area between 0.39-0.49CAD for the next couple of months until this descending line will be squeezed to breaking point? Quite possibly. This area has proven to be a ranging area for many months historically so a natural settle here was inevitable; Crypto Tipster v2 is currently showing a Sell signal, but the question is will the price go up again to get a better Sell entry price, probably, but are you going to wait? You could grab an easy 10% here.
Short
by theCrypster
My new theory on the "XRP growth tunnel" If you look at the two blue lines that travel from lower left to top right, XRP appears to be gaining value steadily as it bounces up and down within the "tunnel". I attribute this to the real inherent value that the XRP ledger provides in the finance world. Clearly it pops up for a short bull run and then back down for a correction, but then stabilizes again into the tunnel to continue growing. It would be cool to hear other people's thoughts on this idea.
by exarepea
XRP/CAN ANALYSIS this resistance seem to be very clear to everybody. The crypto market reacted to the news of corona virus today and (based on the report of the Chinese gov) it seem to be more under control then poeple thought. It is important to keep in mind that the Chinese gov have to reassure the market if they want they dont want to avoid serious market depreciation. Also keep in mind that the Chinese gov is known to lie and give false data to have a better control of the Internationale market sentiment.
by collinzo