Ripple Bounced Off Support - Gains Ahead? Ripple's correction was trading in a downwards channel and was facing major support around 1.6, which if it broke 1.6 would have likely gone lower. Instead, Ripple bounced off support at 1.6 on news of a partnership with Moneygram - and heavy buying started to occur with high volume. Moreover, XABCD pattern indicates bullish bias. All coins have sold off on news of South Korea banning exchanges - which the Korean government clarified will likely not go into effect.
Ripplebreakout
Pennant Pattern on ripple, Building UP.We can clearly see Pennant pattern building on ripple, Since the volume is giving the bullish sign and trend says so as well, will go up probably , the question is when. We should look for a break above resistance signals that the previous advance has resumed. If in case goes bearish , look for a break below support signals that the previous decline has resumed.
Thumbs up if you agree.
Just a learner.
Constructive criticism is always appreciated.
Thank You.
Ripple update: 100%+ profit! Profit of the panic!Risk: Medium
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I have had some very busy days, so I didn't post new ideas past days. I'll be more active from now again and I'll also provide you with some (penny)stocks and currency. But for the most part I will focus on cryptocurrency. Because this is my first idea of this year, I'll provide with a more detailed analysis than usual.
What we saw was a great correction past days. I really like this corrections, because it makes things clearer for the long term and it always brings us new chances. Where other people hates it.
We perfectly tested the 0.618 level. And what we see now are three hammers in a row. A close above the 20ma will confirm our strong uptrend. A close below the 20ma means a weakening of our uptrend, but our trendline is still a strong support. A close below this support (Blue line) will confirm a bearish signal. Besides that MACD turned bearish. We also saw a death cross (Crossover 50ma/200ma) on the hourly chart. We must not ignore this signal, but this isn't a strong sign in my opinion, because the volatility of crypto are very high. A close below below the blue confirms a correction to 1.28.
In summary: I'm still bullish on Ripple and I think we can look for higer levels again.
Bullish signals:
- Three hammers in a row.
- Bounced 0.618
- A close above 20ma (Purple line)
- A close above trend line (Blue line)
Bearish signals:
- Macd
- Death cross
- Close below 20ma
- Close below blue trend line.
Long targets:
- 2.27
- 2.74
- 3.20
- 3.49
- 4.08
Short targets: (If a day candle closes below blue support line)
- 1.28
Good luck!
At the moment of writing, I've have a big position in XRP.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
XRP is finally looking upXRP is looking promising to break back to the upside. This could potentially become an ABCDE correction If the day continues its bearish start. I don't foresee price falling below demand zone of $1.91 even if this trend is broken. I'm curious to see how this plays out. This is NOT financial advice, strictly my opinion on the direction in which XPR is headed. Feel free to leave feedback as this is my first publicized chart.
Long term trend is still highly bullish even considering the short term bearish movement.
XRP; 2 strategies. $4.12 long term target! Another explosion? Risk: Low/ Medium
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I just started posting since this month and and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-) Because my channel is increasing just as fast as Ripple. Sometimes I can't respond to everyone (It's not personal ;))
I received a lot of questions about buy back levels for not missing the train again, so I made two strategies for you. I put the risk on medium, because a pullback is logical after this rapid increase. We reduce the risk with these strategies:
1st strategy:
Buy: If an hour candle closes above the blue horizontal line. (yellow arrow)
(Click the play button on the chart for confirmation)
2nd strategy (long term):
Buy back in levels:
1.88 (Buy small)
1.72 (Buy/add medium)
1.52 (Buy/add medium)
1.25 (Buy/add big)
Targets:
Target 1: 2,78
Target 2: 3,05
Target 3: 3,49
Target 4: 4,08
Support levels: Raising blue lines, fibbo levels and 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Is this an Elliot Impulse Wave forming for XRP/USD - Bitstamp?This is my first published chart idea.
There seems to be a pattern appearing between 7-8 days peak with increased volume and spike in price.
Starting from the 22nd December 2017 and repeating on 30th December 2017. This chart indicates that there could be another breakout for XRP against the US Dollar around the 6th January 2018.
XRP target +180% to $5.00 by Jan-2nd 2018Looking at the last rally and the clear fact that we are in the bullish flag, leads me to believe we are ready for continuation over the same time frame and same gains from the last rally of +180%, which will give us a target between $5.00 and $5.50 by January 2nd 2018.
This could be further pushed once Coinbase makes ripple available on their site.
I thought at first that it may be difficult to see the price rally to $10 after Coinbase puts Ripple online. However, it's possible we may see it go higher. The struggle I'm having is that the market capitalization will be very high to achieve a price of $10-15 or even $20 per XRP. I haven't done the numbers, but I know it's way up there for market cap.
In the back of my mind, I feel that it's possible that a large portion of the Bitcoin market cap could be quickly moved over to Ripple for a number of reasons:
- profit potential
- transaction speed (seconds, not hours)
- transaction fees (pennies vs $12-25 or more for BTC transactions)
- adoption and acceptance worldwide (Japan & India will bring $3-5 Trillion to the market cap far surpassing Bitcoin market cap)
There are a few issues to keep in mind about XRP:
- not fully decentralized
- controlled by the company
- not mined in any way, simply created, like US Dollars
- 100 Billion coins total
- More may be created, although 55 Billion are in Escrow to manage cost/value
An interesting article detailing more about Ripple can be found here:
ethereumworldnews.com
XRP - Will History Repeat Itself?After many months of consolidation, XRP has finally made a breakthrough.
The question is, how far can this go?
The chart above shows the two previous breakouts. First one hitting approximately 937% of its initial value.
The second then hitting 1035% of its value from breakout.
So IF history repeats itself, I would expect the same return in this scenario.
Targets:
First Target 937% ~ $2.14
Second Target 1135% ~ $2.50
Final Target 1410% (ratio based) ~ $3.00
Please note:
This analysis is not based on fundamental or sentimental analysis.
These price predictions are completely based on historical data.
It will be neat to see this play out!
I wish you all the best of luck!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
RIPPLE: BUY BUY BUY NOW (NEW SUPPORT LINE)Disclaimer: Anything that I say is my own opinion. I have been doing my own personal research and believe that Ripple is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This is not a "pump and dump", it is a just friendly investor sharing his insights.
My thoughts of Ripple
I have mixed feelings about Ripple. I have been following the project for around two months now and everything about it seems pretty amazing. To start off, Ripple is always in the top four largest cryptocurrencies. But why?
Ripple is essentially is becoming the "Venmo" of the crypto world, and rightfully so, has large banks such as Santander on their side. If Santander, a world-wide bank, doesn't impress you then I really don't know what will. Ripple has proven that they are a crypto that can actually make it in this volatile world.
I've been watching Ripple since it was around 10 cents a share and was too skeptical about it. I never really liked the idea that Ripple was essentially helping what most people started to use cryptocurrencies, the banks. Since this I've lost out on tremendous losses. Now I see the real world application of Ripple , and so should you .
THE CHART
Listed in the chart I have an orange line, or Ripple's new support line. The Purple line is Ripple's new resistance
I believe that right now is a perfect time to buy Ripple. Therefore, the blue box is the sweet spot in my opinion. I would buy anywhere in that range.
I will just let you know, a Ripple investment is a long term investment . Keep that in mind while you place your hard earned money in it.
As always, thanks for reading my graphs. If I missed something let me know, I love to hear feedback.
- von braun
Xrp lately likes 2hr consolo and daily bull flagsFor the past two runs of ~70-100% gains, XRP has consolidated heavily on the 2hr chart as well as form a fairly consistent daily bull flag. These last couple days have seen us form a strict flag down from a last huge run up with the exception of the extremely long tails on the candles of the first 2 days... Which to me can be discarded from the huge drop in BTC that manipulates the whole market. We held our own fairly well and just had some shaky moves during it and had the volume to buy back to normal fairly quickly. If the pattern continues we may be able to see a 70% movement here in the next day or so now that we have broken to the outside of this daily bull flag.
Volume looks strong- our second green candle for the 2hr hour chart is starting to creep close ( currently 12m buys) to the same levels as the 2nd candle that shot us up last time at approx...16m buys for the candle.
Bull flag isn't charted- Zoom out to and you can see pretty easily.
As always please double check and only trade on what your analysis confirms and what you are willing to learn.
Any constructive feedback, comments, or questions is much wanted!
Thanks! Happy Trading and best of luck
XRP/XBT Ripple Bollinger Band Squeeze - Major Breakout comingThe Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. Once the squeeze play is on, a subsequent band break signals the start of a new move. A new advance starts with a squeeze and subsequent break above the upper band. A new decline starts with a squeeze and subsequent break below the lower band.
Rumors: Ripple will be added to Coinbase soon.
Watching closely and waiting for the volume to come back and determine the new trend.
#RIPPLE (XRP) 325% to $2.85 after bullish flagI expect Ripple may go 315% from the bottom of the bullish flag, as shown here. Figures come from measuring the size of the flag pole, before the flag began.
HODL for the weekend.
Safe sell zones:
$2.50 - Light Orange Line
$2.60 - Dark Orange Line
$2.80 - Red Line
After selling at that point, you may want to sit back, wait for about 60% retracement and the buy more at $1.60. HODL that through New Years and shortly after that I predict we'll be at $4.25 per XRP.
Safe, buy now at $1.20ish - sell at $2.50 (108%) - buy again at $1.60 - sell again at $4.20 (162% compounded on your original 108% gains). Overall 325% increase.
Keep in mind, my timing may be off by as much as 1 week.