XRP/USD
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    XRP/USD


    Ripple is a cryptocurrency platform, which is a currency exchange and remittance network by Ripple.


    Technical Analysis. forecasts,opinions, trading recommendations for XRP/USD

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    Screenshot_12.jpg

    In m15 time frame we can see that this pair is at its support at 44.26 level and you can see on the chart this pair is move side ways movement and move within this channel Its move to 0.4426 to 0.4572 and now its on support and also seems to be bounce again from this level and this is good opportunity for to earn 150 plus pips from this trade with very low risk.

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    Last edited by edy; 10-23-2018 at 02:58 PM.

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    Today its breakout the support which is on level 0.4417 point and I think now its a good chance for us to trade to again sell it when its reach the level of 0.4417 or sell now and our take profit point is 0.4235 which is its next strong support level. Its a good chance for us to earn safe profit with trade on it.

    Screenshot_14.jpg

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    For XRP USD, what I see is that there are two key support levels that it would test especially in the daily time frame, first will be 0.41312 which is where price has already tested previously, as a support, now if for some reason this fails to hold then we should expect that the next key levels is where price will head to which is around 0.36422, buyers should expect a pull back from this place before another round of selling can ensue thereafter.


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    R3 4950 R2 4771 R14677 Pivot 4490S1 4396 S2 4209S34115
    ForexscannerPro=Green

    This pair is bounce from the first support level from 4396 level and cross the pivot point which is at 4490 point and reach the first resistance level at 4677 but at that point its show weakness and close below the first resistance but still its price is above from pivot and forexscannerpro is also green which is positive sign for this pair and this pair is move to follow its next target 2nd resistance at 4771 and then third Resistance at 4950 point which is today its target.

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    Ripple average daily range is between 0.4568 to 0.4697 levels and its stil move at its low ADR range and its does not breakout it. So its a good chance for us to but it and our target for today is 0.4697 point. Its move very tight range today and I hope its definitely move today and get its range easily which is at 0.4697 level.


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    Yesterday its bounce from its support and today its move to upside and again make a top at 0.4689 level and again bounce back to down side and reenter its previous movement channel which is 0.4572 to 0.4426 level and I think now its move again towards its support level that is 0.4426 level and this is our take profit point.

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    XRP/USD

    Looking at all the crypto currencies so far including bitcoin we can see the same pattern of ranging on the daily chart,what it means is that there has not been enough fundamentals to drive the market of cryptocurrency for some time now XRP/USD has not done much movement for days now eight days to be precise, price is currently stalled at 0.4536 it got to a high of 0.4715 today .I will remain neutral on this instrument until there is a clear breakout
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    R3 0.4870 R2 0.4793 R1 0.4669 Pivot 0.4592 S1 0.4468 S2 0.4391 S3 0.4267
    ForexscannerPro Gray

    XPR/USd is now at its first support 0.4468 and below the pivot point which means its trend is down side. Its move from yesterday the down side trend to make its top. Now its fully move to the down side and its next target is 2nd support level at 0.4391 and then its move its final target 3rd support level at 0.4267 level.


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    XRPUSd is now move at 0.4502 level and its resistance is 0.4572 level but I think first its move to down side from here because its move to down side after reach its resistance 0.4572 level and now its move to its support level which is at 0.4426 point so its good for us trade within this risk and manage it with proper risk and reward ratio.

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