Ripple (XRP) | No One Is Talking About This Bullish Setup | Watch Details With Targets

Hey, friends hope you are well and welcome to the new update on Ripple (XRP coin). In this video you will find how:


My previous idea where the Ripple formed a butterfly pattern executed successfully.

The previous idea before execution:



 

Previous idea after execution:

Click here to visit this article on tradingview


 

On weekly, the priceline of XRP is moving in down channel and having the strong support of 50 and 25 SMAs. The 100 simple moving average is working as strong resistance at the same level where the price line has the resistance of the channel.


Click here to create an account on Binance, the best place to buy or sell XRP coin

 

On a daily chart, the price action of XRP coin has broken down 25, 50, and 100 SMAs and now breaking out the 25 and 100 simple moving averages again.

 

Now the long term weekly chart the priceline has also formed a cup and handle formation and completed the handle as well. The resistance of the cup is at $0.31 this is also the key level for XRP on the long-term chart.

 

On the 4 day chart, the priceline of XRP is completing the final leg of the bullish BAT pattern and went very close to the potential reversal zone.

 Click here to create free account on tradingview to watch and play the chart on realtime


The buying and sell targets as per the Fibonacci sequence of bullish BAT can be as below:

potential reversal or buying zone: 0.00002098 to 0.00002006 btc (this should be used as stop loss as well)

 

Fibonacci projection or sell zone: 0.00002316 to 0.00002646 btc


 

Conclusion:

As the priceline is completing the final leg of bullish BAT with Bitcoin pair, therefore there are chances that the price action of XRP will also move a little bit more down. And then it will take a powerful bullish divergence from the PRZ level.

 

 

 

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To Join Forsage My Referral Link: https://trx.forsage.io/auth/t/omhpyr/

 

Make Sure While Signing Up My Forsage ID: 94633 Should Be Displayed On Screen

 

My Email In case you need help in Forsage setup if you are signing up with my referral: cryptocaptain133@gmail.com

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