website utilities


Follow us:
+1 (646) 48 000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Ripple technical chart
Symbol XRPUSD
Trade Setup

#XRPUSD
Total Profit: 12423 point (352%)
Closed trade(s): 1929 point Profit
Open trade(s): 10494 point Profit

Trade Setup:
We opened 14 BUY trades @ 0.3482 based on 'Hammer' entry method at 2023-01-02.

Closed Profit:
TP1 @ 0.3730 touched at 2023-01-11 with 248 point Profit. (7%)
TP2 @ 0.4195 touched at 2023-01-23 with 713 point Profit. (20%)
TP3 @ 0.4450 touched at 2023-03-21 with 968 point Profit. (28%)
248 (7%) + 713 (20%) + 968 (28%) = 1929 point (55%)

Open Profit:
Profit for one BUY trade is 0.4436(current price) - 0.3482(open price) = 954 point (27%)
11 trade(s) still open, therefore total profit for open trade(s) is 954 (27%) x 11 = 10494 point (297%)

#XRPUSD
Total Profit: 14141 point (402%)
Closed trade(s): 5555 point Profit
Open trade(s): 8586 point Profit

Trade Setup:
We opened 14 BUY trades @ 0.3482 based on 'Hammer' entry method at 2023-01-02.

Closed Profit:
TP1 @ 0.3730 touched at 2023-01-11 with 248 point Profit. (7%)
TP2 @ 0.4195 touched at 2023-01-23 with 713 point Profit. (20%)
TP3 @ 0.4450 touched at 2023-03-21 with 968 point Profit. (28%)
TP4 @ 0.5100 touched at 2023-03-28 with 1618 point Profit. (46%)
TP5 @ 0.5490 touched at 2023-03-29 with 2008 point Profit. (58%)
248 (7%) + 713 (20%) + 968 (28%) + 1618 (46%) + 2008 (58%) = 5555 point (159%)

Open Profit:
Profit for one BUY trade is 0.4436(current price) - 0.3482(open price) = 954 point (27%)
9 trade(s) still open, therefore total profit for open trade(s) is 954 (27%) x 9 = 8586 point (243%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateMarch 25, 2023 - 13:58
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.2870, beginning of uptrend is expected.
  • We make sure when the resistance at 0.5490 breaks.
  • If the support at 0.2870 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 38 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 0.3475 on 03/12/2023, so more gains to resistance(s) 0.4450, 0.5100 and maximum to Major Resistance (0.5490) 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 61.

Take Profits:

  1. 0.3730
  2. 0.4195
  3. 0.4450
  4. 0.5100
  5. 0.5490
  6. 0.6570
  7. 0.8000
  8. 1.0165
  9. 1.2300
  10. 1.3500
  11. 1.7000
  12. 1.9677
  13. 3.3000
Click on the level to view price action history.

Symbol Released Current Forecast
Ripple (XRPUSD) Sat, 20 May 2023
Ripple (XRPUSD) Sun, 14 May 2023
Ripple (XRPUSD) Wed, 10 May 2023
Ripple (XRPUSD) Mon, 24 Apr 2023
Ripple (XRPUSD) Tue, 18 Apr 2023