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Rippleusd

Powerful impulse of XRP price movement soonToday we bring to your attention the global schedule XRPUSDT Roughly speaking, last 12 month, the price of XRPUSD in broad consolidation. The main question is whether the consolidation will continue in the form of a triangle or the price XRP will update the lows to $0.44 and move in the form of a channel. After today's sharp fall in the cryptocurrency market, the price of Ripple is at an interest point, where you can get a good medium-term trade. Entrance to the position in the area of ​​$0.59 Stop below $0.55 (-5% of entry point) Take profit around $0.77-0.80 (+ 30% of entry point) Profit / loss ratio 6/1 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
12
XRP/USDT Testing Pivotal Resistance Again!As the market turns out to be decisive every new day, many altcoins possess their undetermined behaviour. And hence the XRP price which is strongly holding $0.6 area from past 3 to 4 days may eventually slide down. The XRP price as seen in the above chart maintained a significant descending trend and currently consolidating within a narrow range The price is testing the 50-day MA levels from past couple of days, and is unable to clear these levels from pretty long time The first test at these levels resulted in a steep drop of more than 20%, the second time is slashed nearly 5% and currently testing the third time A drop from this levels may ignite a descending trend below $0.6 initially to hit $0.58 levels. If failed to sustain here, the price may slide down to $0.55 too. However, a small bullish divergence is seen as the RSI still maintains a notable uptrend which indicates a decent upswing may be fast approaching for the XRP price Do follow Coinpedia on Tradingview for latest Price & Technical Analysis report. And also visit the Official Website for latest updates and future predictions in the crypto space
Short
by Coinpedia-Market-Insight
Short term idea on XRPthe dynamic resistance shown in the chart is very weak, although apparently its made up of major highs, but, waiting to buy at a cross is not logical... everything else is on the chart, crossing the resistance at 1.2 dollars, initiates a very spiky demand on xrp, please don't sell all your balance at once or you will get FOMO, The only thing that makes an exception, is the potential of smart money to manipulate the market at this point, which is very probable, cuz the long positions in futures market has been very high, and a probable move to liquid the bullish retail traders can drop the market. after all, as long as the price is above the designated pivot, it's almost safe to trade and hold, write your comments down below,
Long
by Finnovin
2