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Ripplebreakout

XRP: This is what will happen should BTC hit new ATHs this yearI had previously drawn scenarios where BTC would take the "normal" route that we all know, where we'd see the All time high, sometime after the bitcoin halving. But because this time BTC is half a year faster in the cycle than back in 2015/16, we would see the ATH already by late 2020, or early 2021. However, as I posted previously, if BTC decides to do the gold fractal, and just continues pumping, this of course would mean in turn that XRP and the other altcoins would also start pumping earlier. BTC might reach the top BEFORE the halving in 2020, and it might become a "sell the news" event, where unexpectedly we'll see a price decline afterwards. Should this happen, then BTC will break out at some point later this year. According to the previous XRPBTC structure, we will see a new ATH in XRPBTC this time, which would be logical, since every new altcoin season, the alts gain more versus BTC. BTC will see new dominance lows in the next altcoin rally. Therefore a top of 0.0004 is likely for XRP. Now, if BTC goes to 100k ATH, it would translate to an XRP price of 40 USD. We'll just have to wait and see how fast BTC is, to estimate the possible top. For BTC to reach 100k, it must not be faster than mid 2020 to reach the ATH, around the time of halving. Should it be much faster, then the peak will also be lower. We can experiment around with a few scenarios and come to the conclusion that the XRPUSD top will be anywhere from 15-20 USD for BTC ATH around 50-60k, up tp 30-40 USD for BTC ATH around 100k. Let's see what BTC will do, and XRP will follow. The altcoins do not have a life of their own, please never forget that BTC IS KING. The alts are little sheep that only follow BTC. Therefore, we must keep a close watch on BTCUSD and XRPBTC in order to determine the XRPUSD top.
Long
by SebastianofMoon
23
Ripple will do an intermediate move soonXRPBTC is falling as I predicted here: Now, many are waiting for the big ripple breakout. When will XRP finally start to follow BTC? Well, if we look at the volume profile and the big falling (bullish) wedge, we see that there are basically two very important support zones. The 1st one is reight now at this very level, at 2900 sats. If we don't get a strong bounce here, I think XRPBTC will further decline to the next very strong support are, which is historic support. The falling wedge would thus end in early 2020 at around 1000-1300 sats, which is very strong support. I think that then we will finally see XRP rallying. The likelihood for a strong rally now is quite low imho, but not impossible. We might get a smaller intermediate rallly up the the resistance of the falling wedge though. But breaking through that resistance: Not too likely imho. But longterm, 2020, XRP will be pretty awesome.
by SebastianofMoon
1
Ripple XRP wedge updateContrary to some uber ripple shills, I personally don't really like ripple. It's centralized, and stands for everything which I basically don't like. However, I can't deny the brutal pumping potential behind this coin. In the past, it always was one of the best performing coins. However, I am pretty convinved that it will NOT pump in 2019. 2019 is accumulation year, and many are disappointed the ripple didn't grow much, now that BTC went from 3k to 13k. Ripple in that same time barely moved. Why? Well, if we look into the past, it did EXACTLY the same in 2016-2017. While BTC was already rising like crazy, it didn't move a lot. Instead, it was building a wedge from which it then would launch, over a full year after BTC had already started rising. I think it will do the same again. Doing a wedge, like the one I drew, and then when most people are frustrated, and sold their XRP because it just won't rise, then BAAMMMM, it will start in early 2020 to do a brutal rally. Now, how high will it go? If the 2017-18 rally was to repeat exactly like that, we'd see a 200 USD ripple. Now, before you brutally flame me as an XRP shill, let me say: I believe this to be unrealistic. It will entirely depend on how high BTC will go. If BTC goes to 100k, I think Ripple realistically would go to 30 USD, with luck 50. If however BTC goes higher than we all thought, say 300k-500k, then indeed we could see 100-200 USD ripple. But again, this is an ultra optimistic best case scenario, and we should not trade according to best cases, but more according to optimistic estimations. I've bought quite a lot of ripple in the last months and I will add more, now that BTC might dip a little, XRP could hit 30 cents again. I will add to my longterm position when that happens and hodl XRP for 1+ year. Because as Vespasian said: Money doesn't stink :)
POLONIEX:XRPUSDLong
by SebastianofMoon
31
$XRPUSD sees dbl bottom and parabolic upswing$XRPUSD is long overdue for a correction and we are seeing bullish divergence making an entry for a quick short position looking better with volume confirmation to follow. Trade set at neutral as it is too soon to tell for a long position could unfold. Time will tell. Stop loss is present. Trade carefully. Will update with more info later. Disclaimer This is not financial advise nor should be regarded as such. Always invest carefully and make your own decisions with your own money. Have a great weekend.
BITFINEX:XRPUSD
by UnknownUnicorn3861629
Ripple longterm bullish, but XRPBTC will first fall before riseWell here is a different picture on Ripple. I am a longterm ripple bull, and believe we'll see quite insane XRP prices in USD in late 2020 and early 2021. As high as 30 USD, probably higher. But in relation to BTC, I think XRP will first continue to decline. Therefore the USD price will not pump much before 2020. I don't see XRP going much above 1 USD in 2019. I could be wrong of course, but XRPBTC seems to be in a giant megaphone structure! The strong VPVR support is as low as 1k sats. And we can see that every time, since late 2013 ( I drew the first peak from coinmarketcap data), XRPBTC has been doing the same pattern: Two tops, followed by a long decline, going back almost as low as the lowest low before. So from 10k satoshis, to a few hundred. Then in the 2015-2017 rally, we see that it went from only a few hundred sats to 20k sats. And now a very similar structure. So it could indeed go as low as 1k sats before the big pump in 2020/21. If we stay in the megaphone, it could maximally go as high as 40k sats (upper limit), but might of course be again "only" to 20k sats.
by SebastianofMoon
16
XRP/BTC: Pure DistributionIt can be seen that ripple has had a double top, which is noted in the chart in light blue. This form of double top is known as an Adam and Eve double top with a V top for the first one and a massive rounded top for the second one. The rounded tops or bottoms are some of the strongest most reliable patterns because they indicate a long duration of either distribution or accumulatio (with this case being distribution). The price objective which can be seen as the light blue arrow is a conservative one with a minimum price objective of around 2000 satoshis, (it can be noted that I did not accurately measure this to create an even more conservative price objective). In addition, I indicated the current support and resistance as the green and red box, respectively, it is important to note how weak ripple is right now because it was unable to reach the breakout price of the double top which was about 6100 satoshis.
Short
by CuddlyCuddles
XRP doing a bullflag. Pump soon possible, but how high?XRP is doing a bullflag, which is a few weeks long, so we could see a pump starting at some point in July. But it could still drag on for a while. The question is of course now: Will this be the big one like some XRP shills like to draw here on tradingview? My opinion is: No. The big XRP pump will start when BTC starts making new ATHs, thus, when BTC is at 25k, 30k and more. Then XRP will do the very large pumps, at least it was like this during the last bullmarkets, and I don't see a reason why XRP should now suddenly change its price dynamics. I see XRP pumping to the 1 USD region however, this year. It's possible we hit 1 USD, and then decline back to 50 cent, and range for quite a while, until the real pump starts to north of 10 usd in 2020-2021. However, if BTC really should do the gold chart that I posted, and go to 20+k in 2019, then of course XRP might also go well beyond 1 USD this year. As always, it again depends on bitcoins performance. But I like to remain more cautious about stuff, sometimes even too pessimistic, as seen with bitcoin the last months. But the real interesting action with XRP will start when BTC hits the 100-200k area. Then it will be quite insane. Until then however, I see XRP only doing smaller pumps.
BITSTAMP:XRPUSDLong
by SebastianofMoon
2