XRP Trend reversal?

Looks like XRP wants to get in on the action, or not?

Looking at the 4h and Daily chart, after today's breakout, I am getting signs of a trend reversal but will it hold? We have to see how the days closes first.

Let's keep a close eye on this coin.

Trade ist aktiv:

You can open your trade now.

Buy in range: 0.0000145 - 0.0000165

Stop loss:
(*) 0.0000135
(*) Or 10-20% below your buy in.

I will update later with targets and additional information.

Good luck and good trading.
See you at the charts.

Kommentar:

Important read for beginners:

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Kommentar:

As Bitcoin gains momentum, make sure to check your stop loss.

Trade ist aktiv:

Almost getting out of Buy-in range moving into the positive. Looking good.

Trade ist aktiv:

Raise stop loss to 0.0000145.

By the way, you can choose to exit the trade now if you like as well. But that is completely up to you.

Trade geschlossen: Stop wurde erreicht

Trade ist aktiv:

I published a new one, but it is private. We need to wait until I make it public.

Kommentar:

Looking at the main chart above, here is what I can see:

- Our candle reached the 0.618 Fib extension (0.00002687) and a high of 2740.

- Then retraced and found support at the 0.382 Fib extension (0.00002127), near where we are sitting now.

- We have a green candle with a huge stick. This can lead to consolidation (today) and depending on how the next candle closes we can predict the next day of action.

- Now, the pumpers/manipulators can pump this any time, they just need to come in and buy big and this trend is broken and another new green candle is formed, giving us momentum for the next day.

- The level at which we stopped leads me to believe that XRP will need at least 12 hours break, if not more.

- The indicators are bullish but pointing to possible consolidation.

- I need to see how this day closes (in another 20 hours from now and 8 minutes) in order to make an accurate assessment.

- Overall, XRP will keep on moving, unless support is broken and something strange happens. That would be a different story. Small possibility.

- I will conclude with CONSOLIDATION. In English, a day not as pumpy as today...

- And then we resume the climb.

4h

1d

Kommentar:

Take this last one for what is worth:

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Kommentar:

It is already starting to move again.

Kommentar:

I am selling all of my XRP, expecting to buy back lower. That's what my intuition is telling me to do. Take it for what its worth.