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Have you ever thought about learning technical analysis but been put off by the sheer amount of complex data available?
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Comparable to suggestions, or tips – XRP trading signals could be just what you need.
In this guide, we discuss the ins and outs of how Learn 2 Trade XRP signals work. We cover what’s included within each signal and how to action the suggestions we send via an online broker.
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Best XRP Trading Signals for Beginners
Educating yourself on the intricacies of technical analysis can take months or years. With that said, time and experience in the cryptocurrency markets is certainly something our research team here at Learn 2 Trade has on their side.
Some of the most recognizable XRP trading indicators we use are:
- Relative Strength Index
- Ichimoku Cloud
- Moving Averages
- Aroon Indicator
- MACD
- Fibonacci Retracement
- Bollinger Bands
Successful traders and investors make decisions based on facts and figures and will never entertain guesswork. Crucially, our XRP signals are not just suited to newbies who are yet to understand advanced price charts and indicators. On the contrary, even seasoned traders use our signals because they simply don’t have the time to research the markets.
Our team of traders and analysts put in hours of rigorous preparatory work – which enables us to scan the markets from a vantage point, whilst utilizing the aforementioned tools.
How do Learn 2 Trade XRP Trading Signals Function?
The next step is for us to share our findings. This is made possible via our popular Telegram group. We talk about this shortly.
Importantly, all XRP trading signals that we present to you will contain the following:
- Cryptocurrency Pair: XRP/AUD
- Short or Long: Short
- Limit Order Value: AU $0.60
- Stop-Loss Value: AU $0.61
- Take-Profit Value: AU $0.57
This particular signal example shows that if XRP/AUD hits a price of AU $0.60 – we see potential to go short on the pair. As such, the stop-loss value is higher than the limit, and the take-profit is lower.
What Will the Best XRP Trading Signals Include?
Now that we have listed the contents of what our XRP trading signals look like – we can further explain.
XRP Pairs
XRP will usually be traded as part of a pair. If the digital coin is traded against a currency such as Australian dollars (XRP/AUD) or euros XRP/EUR) – this is known as a crypto-fiat pair.
Some of Learn 2 Trade’s crypto trading signals will be aimed at crypto-to-crypto pairs too. In other words, XRP will be traded against another digital currency such as Dash (XRP/DASH) or Litecoin (XRP/LTC). After all, it’s good to have options for diversification purposes.
Short or Long
All of our XRP trading signals will state whether to go long or short on the crypto-pair in question. You may have noticed that our initial example instructed you to go short on the pair.
For clarification on what each means to your trade, see below:
- This time the suggested pair is XRP against the euro (XRP/EUR)
- If the crypto trading signal tells you to go short – this means that we predict XRP/EUR is going to see a price decrease
- Should the suggestion state to go long – this is a clear indication that we think the pair will experience a price increase
When creating an order with your chosen crypto trading platform:
- Place a sell order if the XRP trading signal suggested going short
- Alternatively, you should create a buy order if the message states to go long
Limit Order Value
There are two alternative ways to enter the digital currencies market. The first is the ‘market’ order – which tells the cryptocurrency broker that you want to trade XRP at the price on offer.
The order we use in most of our XRP trading signals is the ‘limit’ order. This is largely because we can choose to enter the trade at a specific price – one that we think is favorable to making gains.
See a limit order example below:
- After hours of research, we think XRP/GBP presents a money-making opportunity by going short – if it hits £0.35
- As such, the limit value on this signal will be £0.35
- If the pair reaches £0.35 – the order is executed at that price
- Alternatively, the order remains pending until this happens – or we tell you to manually cancel it
Stop-Loss Value
Arguably one of the most important metrics in our XRP trading signals is the stop-loss value. This prevents you from losing more than you can afford, on every position you take.
See an example to clear things up:
- The limit order suggestion on XRP/GBP is £0.35
- The stop-loss price is £0.36 – this is 1% higher than the limit price
- If this pair increases to £0.36 – the position will be closed for you by the brokerage
- Irrelevant to which way XRP/GBP goes in terms of price – you cannot lose more than 1% of your stake
Take-Profit Value
As is clear from above, by following our XRP trading signals to the letter, you can stop your losses from going too far. It may please you to learn that on the other side of that is the ‘take-profit’ order.
This ensures that gains are locked down before it’s too late. In the above example, the take-profit price would likely sit 3% lower than the limit value. This is because we are short on the position.
Things can change in an instant when trading cryptocurrencies, as prices change on a second by second basis. As such, we always include both a stop-loss and a take-profit price tip in every Learn 2 Trade crypto signal.
Learn 2 Trade XRP Trading Signals: Risk and Reward
We usually send signals based on a risk/reward of 1:3. Had we suggested going long on XRP/GBP, the stop-loss would be 1% below the entry price and the take-profit would be 3% above.
You might also fancy a risk/reward of 1:4, or a more easily achievable 1:1.5. The latter means for every $1 stake you would expect to make gains of $1.50.
Quality XRP Trading Signals Telegram Group
Fancy receiving all of the aforementioned information in real-time via your phone? Our Telegram crypto trading signals group is made up of thousands of members – all of whom already make the most of our service on a daily basis.
Below, we’ve listed some of the most attractive things about receiving signals via the Telegram app:
- Free of charge: what better place to start – this app is free of charge! Head over to the relevant mobile app store to download it. After doing so, you can join our thousands of members and start trading XRP today
- Visual evidence: our XRP trading signals will often be inclusive of screenshots or graphs
- Dependable and securely encrypted: one of the best features of this app is that all messages are encrypted for privacy (not to mention safety)
- Large group chats: Telegram allows an astonishing 200,000 people within a group. As such, it is ideal for the Learn 2 Trade trading community
- Real-time messages: this messaging app utilizes cloud-based technology. Consequently, all members receive trading signals in real-time – which is crucial in such a volatile market.
Free XRP Trading Signals
There are a handful of options when it comes to XRP trading signals at Learn 2 Trade. If you are satisfied with 3 signals per week, you may be happy signing up for the free service.
Notably, the same team of pros research and submit our signals, no matter which plan you choose. Furthermore, you will still receive the same information as Premium users – only less frequently.
Premium Plan XRP Signals
We mentioned that you can get 3 free XRP signals per week. There is also a choice of Premium plans, inclusive of between 3 and 5 tips per day, Monday to Friday.
Our Premium plan comes with a 30-day money-back guarantee. As such, we think this lends itself well to the free demo trading accounts on offer at some online brokers.
See a walkthrough below:
- Find a trading platform that can give you access to XRP and a free demo trading account – eToro gives you a $100k demo facility upon signing up
- Copy every metric across from the Telegram trading signal to the virtual order box
- Continue doing this every time you receive a suggestion from us – for say 2 or 3 weeks – jotting down the result of each trade
- After the time is up – review your findings
If after a few weeks you are unimpressed, simply request a refund – crucially, within 30 days of signing up. This way you have not spent a penny of your own capital taking us on a trial run.
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- Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
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Premium Plan: Price Breakdown
Here we have listed the different Premium plans available at Learn 2 Trade:
- 1 month: £35
- 3 months: £70
- 6 months: £120
- Lifetime Access: £250
If you fancy taking us for a test drive via a demo trading facility offered by your chosen broker – then you may be better sticking to the 1-month plan.
Learn 2 Trade XRP Trading Signals:
To enhance your XRP trading experience with the use of our Learn 2 Trade crypto signals – follow the step-by-step walkthrough below.
Step 1: Sign up to the Learn 2 Trade Crypto Signals Service
It’s important you have a think about which crypto signals service plan is best suited to you.
The lion’s share of our members begin with the aforementioned risk-free option of a 1-month plan – used alongside a brokerage demo account facility.
Step 2: Join our XRP Trading Signals Telegram Group
Go to the Apple or Google Play store and download Telegram for free.
Next, head back over to Learn 2 Trade and join the thousands of crypto-traders in our Telegram signals group.
Step 3: Customize Your Telegram Notifications
Customize your Telegram alerts, so that you recognize a new XRP trading signal landing straight away. You can change the alert sounds, and even the color of the LED display to be specific to our group.
Step 4: Recieve XRP Trading Signals and Create Orders
Sign up with a well-known and licensed broker. The trading platform you choose will action all of your XRP orders. Capital.com is a good option here as the broker allows you to trade XRP commission-free.
Step 5: Review the XRP Trading Signal
Review the XRP trading signal in its entirety and duplicate the information in the Capital.com order box.
Ready to proceed? Click ‘Open Trade’ and Capital.com will do the rest.
Best XRP Trading Signals 2023: The Verdict
If the sound of trading XRP in a semi-passive manner appeals to you, then you might find our Learn 2 Trade crypto signals to be just what you need. We quite literally scan the markets performing intensive research to save you the hassle.
We are so confident in our service that we offer free crypto trading signals, as well as various Premium plans with a 30-day money-back guarantee if you’re not happy.
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