Forex Zone - Forex Forum

XRP - RIPPLE

Discussion started on Technical

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
Ripple in 2 days has increased with the formation of 2 bullish candles, the possibility for tomorrow will also be bullish, but after I observed on tf h4 it turns out the price is reaching to the supply area so our focus is to sell at the price of 0.2449-0.2209

Linkback: https://www.forex.zone/technical/11/xrp-ripple/3088/
#1 - April 29, 2020, 07:43:44 PM
Attachments:
« Last Edit: March 19, 2024, 01:58:27 PM by Admin »

Administrator
  • Hero Member
  • Posts: 5063
  • Points: 29205
  • Likes Received: 5102
  • Reputation: +220/-14
XRP - RIPPLE in Technical_topic=3088

XRP has broken out of a downward trendline spanning several years. The trend line goes back to 2018. It has recently broken out and confirmed above this line. Price has retested the line and is currently now at support in the $0.59-$0.60 area.

This is an amazing trading opportunity in my opinion. Risk to reward is very high. The setup spans several years and is very reliable too. I expect XRP to take off anytime now!
#2 - March 19, 2024, 02:01:36 PM
Attachments:
« Last Edit: March 19, 2024, 02:03:25 PM by Admin »

XRP - RIPPLE in Technical_topic=585

Members:

0 Members and 1 Guest are viewing this topic.