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Weekly forecast Ripple technical chart
Symbol XRPUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.39249 to 0.36398). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.39249)
    • Support on 10/15/2018
    • Support on 11/23/2018
    • Resistance on 11/25/2018
    • Resistance on 11/26/2018
    • Resistance on 11/28/2018
    • Resistance on 11/29/2018
    • Resistance on 12/19/2018
    • Resistance on 12/26/2018
    • Support on 05/16/2019
    • Resistance on 05/18/2019
    • Support on 05/20/2019
    • Support on 05/21/2019
    • Resistance on 05/24/2019
    • Resistance on 05/25/2019
    • Support on 06/04/2019
    • Support on 06/05/2019
    • Support on 06/06/2019
    • Support on 06/13/2019
    • Support on 06/14/2019
    • Support on 06/27/2019
    • Support on 06/30/2019
    • Support on 07/01/2019
    • Support on 07/02/2019
    • Support on 07/03/2019
    • Resistance on 07/06/2019
    • Resistance on 12/25/2020
    • Support on 01/31/2021
    • Support on 02/04/2021
    • Support on 02/07/2021
    • Support on 02/23/2021
    • Support on 02/28/2021
  • Ending of entry zone (0.36398)
    • Support on 11/25/2018
    • Support on 11/28/2018
    • Support on 11/30/2018
    • Support on 12/01/2018
    • Support on 12/02/2018
    • Resistance on 12/04/2018
    • Resistance on 12/05/2018
    • Resistance on 12/19/2018
    • Support on 12/24/2018
    • Support on 12/25/2018
    • Support on 12/26/2018
    • Resistance on 01/01/2019
    • Resistance on 01/06/2019
    • Resistance on 01/07/2019
    • Resistance on 01/08/2019
    • Resistance on 04/03/2019
    • Resistance on 04/05/2019
    • Resistance on 04/06/2019
    • Resistance on 04/07/2019
    • Resistance on 04/08/2019
    • Support on 05/17/2019
    • Support on 05/18/2019
    • Support on 05/19/2019
    • Support on 05/22/2019
    • Support on 05/23/2019
    • Resistance on 07/11/2019
    • Resistance on 12/24/2020
    • Resistance on 12/25/2020
    • Resistance on 01/07/2021
    • Resistance on 01/10/2021
    • Support on 02/01/2021
    • Support on 02/02/2021
    • Support on 02/03/2021
    • Support on 02/23/2021
DateApril 4, 2021 - 15:00
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.3401, resumption of uptrend is expected.
  • We make sure when the resistance at 0.6551 breaks.
  • If the support at 0.3401 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 0.45373 on 03/25/2021, so more gains maximum to Major Resistance (0.65510) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 63.

Take Profits:

  1. 0.45980
  2. 0.58000
  3. 0.65510
  4. 0.78000
  5. 0.96685
  6. 1.32805
  7. 1.70745
  8. 2.08210
  9. 3.29950
Click on the level to view price action history.
Symbol Released Current Forecast
Ripple (XRPUSD) new Tue, 16 Apr 2024
Ripple (XRPUSD) Sat, 6 Apr 2024
Ripple (XRPUSD) free Fri, 22 Mar 2024
Ripple (XRPUSD) free Sun, 10 Mar 2024
Ripple (XRPUSD) Mon, 4 Mar 2024
History
Daily-Trading-Opportunities on XRPUSD.