Most everyone saw the spike up in XRP today, which i think is because new today about Ripple's president and Coinbase president and COO being on CNBC Fast Money show tomorrow (3/5). Speculation is that they will announce coinbase will list XRP. Guess you'll need to tune in to find out. In the video, i plot out what my thoughts are in terms of targeting...
Ripple Continuation down from Descending Triangle
Really quick video on XRP / BTC paring since it's been over a week since i updated. In a nutshell, price action has played out exactly as I expected and mentioned in the last video. IT"S GOING DOWN. In that previous video, I mentioned that I thought price action just wanted to move back to the 200EMA on the Daily chart and that appears to be exactly what...
Short video highlighting what I believe is and will happen on XRP. I've mentioned how boring XRP is and the main reason is that XRP is that crypto that really gets you pumped with a great move up over a day or two. Then just pulls back and pulls back for what seems like months... Someone check this guy for a pulse. Anyway, i do see the potential for a...
Nothing to existing going on with XRP. Over the past four days or so, price action has been consolidating in about a .10 range, so we can expect a descent move once it breaks... like always it seems, i'm still leaning to a little more downside. However, I do believe in March we'll start seeing XRP start on a long journey to the upside. No one knows for...
Video covering what I'm seeing in the charts for XRP, which is downside price action. Trust me... I wish that was not the case, but that's what it seems to be. In general, I truly believe price action wants to hit that 200EMA on the daily chart. Not sure why, but it does and it happens to be sitting around $.75 roughly. Don't be surprised to wake up...
Price action manged to break lower as expected and hit the $1.00 zone pretty much to a T. At the moment, my charts are telling the potential is still there for a little more down zone even thought I would like to see price action make a huge move up. My bias is that price action may break the fibo zone i mention in the video and move to the zone just below,...
My daily update on XRP/USD... overall I'm bullish, but i'm thinking we might see a little downside before she really makes a decision on where she wants to go. I do believe the low area I mention is in play at the moment. Have to reassess each day, but I'm thinking it might just happen. I think the downward trend line and previous support/resistance zone is...
- Falling Wedge break should bring us to 1.65 cts eventually. - On 2h chart, we have a good Hidden Bullish Divergence that tells us that Ripple should go to the 1.30 for the 2nd of March or earlier. - Right now, the price has fallen down because a Bearish divergence was materializing. We should be done with that soon.. Let's keep an eye on the Stoch as a signal...
Short video highlighting why I'm still seeing some downside out of XRP/BTC. At the moment, price action is playing out as i expected and mentioned in my last two videos (see links). My charts are not telling me anything different at the moment, so I'll keep that biases. I mention generally two areas, i think price will move too before heading back up, but...
While we did get an upper trendline break (on my charts), price action has now moved back below and looking to break the lower trend. So i was half wrong my my thoughts last night... damn you price action! Anyway, at the moment, i do think we might see some continued downward movement to the $1.05-$1.00 area before we find some good buying support. We'll...
Name that tune!!! I know the title is from some song and i just cant' think of what is it... let me know!!! Anyway, my expectation from the previous update on 2/15 is playing out with downside price action movement. Certainly do think we'll see that 10,000 to 9,500 satoshi levels before seeing 12k again. Someone call a doctor already!
Boring is what you want in your trading because if you let yourself get to excited... you make dumb decisions. Anyway, not to much to update here as price action really is not showing me anything from my last update. While we've moved up slightly, i still expect to see a move down a bit before running up. Hope i'm wrong, as i'm holding XRP! Give me a...
Really quick video to this morning to follow up on last nights video. Not a whole lot has changed since the last video. I do however explain a little bit more of what i think a dip back to the $1.00 area will play out. I hope you enjoyed the update... give me a like and leave me a comment with your thoughts on XRP.
I just realized i had not done an XRP/BTC video for over a week, so here it is. I have to be honest... I want to see a bull run, but i'm thinking the bears are winning at the moment. The 12000 satoshi area seems to be doing a very good job at keeping price action down. I think we see 10,000- 9,500 satoshis before we see a break of 12000. I hope you enjoy...
To me it's looking like price action is running into a little resistance on the 4HR chart... at least in my opinion and I explain way in the video. I hope you enjoy, if so give me a like and leave a comment. I would really like to hear you thoughts on where XRP is headed over the next month or so.
Video on XRP and what i'm currently seeing in the charts. In general, i think we're starting to see some good bullish action play out within price action, which i explain in the video. However, could we be seeing a double top forming on the 4HR??? I guess only time will tell.
Looking a the 4hr chart for XRP/BTC it looks like a double bottom put in its reversal and XRP ran off a bit. See the update below for screenshot of two possible options. I'll be waiting to see those play out over the next day or so. We ned to wait for the 4hr let us know which way we are moving at the moment. Option 1 - XRP retraces to 382 retrace and bounces...