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Weekly forecast Ripple technical chart
Symbol XRPUSD
Trade Setup

#XRPUSDT
Total Profit: 440 pip (10%)
Closed trade(s): 0 pip Profit (0%)
Open trade(s): 440 pip Profit (10%)

Trade Setup:
We opened 10 BUY trade(s) @ 0.6931 based on 'hammer' entry method at 2022.04.25.

Open Profit:
Profit for one trade is 0.6975(current price) - 0.6931(open price) = 44 pip (1%)
10 trade(s) still open, therefore total profit for open trade(s) is 44 (1%) x 10 = 440 pip (10%)

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.

DateApril 26, 2022 - 00:55
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.5152, beginning of uptrend is expected.
  • We make sure when the resistance at 0.9133 breaks.
  • If the support at 0.5152 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.8000 on 04/16/2022, so more losses to support(s) 0.6595, 0.5894 and minimum to Major Support (0.5152) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 38.

Take Profits:

  1. 0.7400
  2. 0.8000
  3. 0.9133
  4. 1.0165
  5. 1.1500
  6. 1.3500
  7. 1.7000
  8. 2.1000
  9. 3.3000
Click on the level to view price action history.

Symbol Released Current Forecast
Ripple (XRPUSD) free Fri, 22 Mar 2024
Ripple (XRPUSD) free Sun, 10 Mar 2024
Ripple (XRPUSD) Mon, 4 Mar 2024
Ripple (XRPUSD) Sun, 11 Feb 2024
Ripple (XRPUSD) Sun, 4 Feb 2024