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Ripplebtc

Ripple Will Rebound Today!!I mentioned in my last analysis how I took a big stake on a short trade and forgot to hit the sell button... Well, my new long position has dropped significantly over the last day relative to BTC who looks like its poised to challenge 7800 again. On the XRP/BTC chart, it looks like we've stopped the decline and are ready to start gaining more momentum. I expect a turn around over the next day to at least the 61k sat level. Im taking another position at this level - im confident a turnaround is around the corner. Do some reasearch on Ripple if you havent already - its one of the best buys in crypto right now.
by rgeddes
3
Significant Ripple Short Turns Long - I Heart XRPI have a paticular fondness for XRP - I bought it early on because it seemed credible - and ive been happy with it. I don't chart every trade I make - paticularly short trades. I lined everything up perfectly - I got my price. I forgot to execute the sell - so I missed my exit. Oh well - more Ripple. We are in a much better position than we were last week. It looks like Bitcoin will take another run at 7800 and Ripple should benefit from this. Against Bitcoin Ripple is looking like its going to crack. Im bullish on it and am glad I took another position before the next rally begins. 63k sats in the next couple days.
by rgeddes
1
XRPI wish I had a really good reason, but I don't. Yes, buying XRP contracts. Starting to buy XRP for a long position here. Averaging down to the lower red support. I will stop out if we break below that convincingly. Horizontal and Volume support level here. Bullish divergence on RSI, and CMF (slight) I am pyramiding these buys and keeping this to a small position (less than 5% of total account) Profit targets are previous highs over the past 8 months. With a stop below the lower Horizontal(red) R:R is 5.51 for 2nd to last profit target. Worth it. Could be played more conservatively and take a larger position with a stop below current Horizontal. These are a record of my trades. Provided for educational purposes only.
Long
by Nevermorejk
5
Ripple - Running With The BullsFirst we hit .51 then .56 XRP did a very quick turnaround before pulling back slightly. As you can see XRP is still very much following the patttern that I charted days ago - except with more speed and volitility than predicted. Ripple is still very much tied to bitcoin - but other coins like XLM have proved that that relationship can change and a coin can break out. With the bullish momemntum returning we will have to break through .51 and .56 before we move on. Ripple will likely return to .80-1.00 during the next run before there is a true correction. There is still plenty of upside for anyone looking to invest in Ripple.
BITFINEX:XRPUSD
by rgeddes
1
The Spike: What Ripple Will Do NextIts amazing how quickly things change in the world of crypto. Since my last chart XRP has completed the entire pattern that I thought would take at least a week to play out - played out in a matter of hours. Now that we are moving sideways at about .51 it appears we will move up to the .54 if not the .56 in the next day or two of trading. I'm sure some of you thought we would never rebound - but were just getting started. XRP should easily find its way over a 1.00 in the coming months - its still a great buy even at these prices.
BITFINEX:XRPUSD
by rgeddes
Another Dip In The Pool Before We Dry Off - Ripple!I predicted a drop down to .43 which we've hit for a second time in less than two weeks. Ripple seems to be following BTC much like the other ALT coins. This is regardless of any positive news - its not a reflection of the Ripple project. Cryptocurrency unlike stocks do not trade on a price to earning basis so valuation. Ripple is difficult to evaluate with traditional means. I evaluate Ripple this way. BTC and ETH are expensive and can't double or triple as fast as XRP can. Ripple is not simply the world 3rd largest cryptocurrency - its also bigger than the 4th and 5th put together. This short term consolidation happens every year. This year with institutional money getting ready to buy in - many people are still predicting a 25k bitcoin by year end which would mean XRP would be measured in dollars. This is speculative of course - but so is everything about crypto. Right now we are playing the same games as BTC - banding between about .50 and .43. Its unreasonable to think the market wont pick a direction at some point - we've been in this area for a long time. In order for XRP to go up - we need more btc support - and we need enough confidence in ripple to break through .48 and .50 convincingly enough to stay above .50. We are still very much in a buy situation.. One day of gains can turn this whole thing around..
BITFINEX:XRPUSD
by rgeddes
1
Ripple poking above the resistance A couple of days ago, #XRPBTC created a 3-month low around 0.0000700. The coin has retraced since then as the psychological level around 0.0000700 has provided support and it looks to bounce now. Ripple is also oversold on the daily chart (below 20). The bounce has been further supported by the break of the short-term trend line resistance. Moreover, #XRPBTC is also currently around 38.2% retracement which points out that the healthier retracement maybe on its way targeting at least 61.8% Fibonacci retracement. If the coin can close above the trend line resistance on the 4H chart, then a long trade is to be issued with the following parameters. If the coin returns below the trend line and creates a failed break out, then the trade is invalidated. Ripple LONG Entry: Market current price - 0.00007045 Stop: 0.00007010 (move below trend line resistance) Target 1: 0.00007090 (50% Fibonacci) Target 2: 0.00007100 (horizontal resistance) Target 3: 0.00007120 (61.8% Fibonacci)
Long
by WhaleAgents
Ripple Reaches the Apex...Bull Run Incoming?Hey guys. I'm back with another TA, this time on Ripple! Looking at the 4 hour chart, we can see that XRP has been forming a falling wedge pattern since its highs back in May. Time fibs show that another move may be upon us as we reach the apex of that wedge, signaling a strong move on the 12th of July. Looking at the RSI, we can see that XRP has been showing bullish divergence since it dropped to 8000 sats, failing to make lower lows as price has continued to fall. This bullish divergence is paired with MACD bullish divergence and buy signals crossing on both the AO and TTM Squeeze, which is also squeezing. I've outlined three routes XRP can take from here; go sideways and break out, drop down to 6900 to double bottom and then break out, or fall to 6900 and break through to make lower lows. Now, my trade setup: Enter 6900-7150 or on the break of the falling wedge Stop Loss below 6900 double bottom (3% risk from 7110) Targets are 7550, 7800, 8050, 8460, 8725 and 8950 short term; 9125, 9425, 9600, 10000, 10130, 11000, 12230, 12400 and 12710 midterm; 13560, 14800, 17600, 18400, 21800, 23000 long term
Long
by gtrox115
Ripple - Going Down Before It Goes Up - This Weekend!XRP has been a bargain at current levels relative to how it normally trades. We have been in a bear cycle for some time and it now seems like we are building to break out of it. In today's trading I expect to hit a low around .45 before we begin building again and challenge some of the other resistance in the .50 range. This weekend should bring us to .50 but it looks like we will dip our toes into the .45 range before we move on up. Short term pain for long term gain. Ripple is the third biggest crypto and one of the few that has real upside potential!
BITFINEX:XRPUSD
by rgeddes
Get Ready To Buy Ripple - Minor Correction AheadI am bullish on XRP as a stake holder - but I can't deny what I see in the charts. XRP as I have predicted in previous analysis moved up to the .50 mark after flirting with lows around .42 It appears we are forming a head on an H&S pattern. We wont know until we have confirmation on the right side - but if you are looking to short the trade you should be looking to sell soon and hold at least until we begin banding around .45 There is a possibility that we drop to .43 before we make a more convincing run and break through .50. I don't expect this pattern to hold more than a few days as weekend traders will likely push it along. It's still a great time to take a position in XRP - and if the price drop does happen as predicted - XRP will be an even better deal ~.45 Those of you in for the long haul - keep holding!
BITFINEX:XRPUSDShort
by rgeddes
#XRP Ripple - XRP Looking good on daily $XRPMACD is bullish... Moving averages not so much, but we have to believe it's going to reach for that 50 day SMA ~8k Momentum squeeze indicator on the rise Aqua lines are old LONG FLAT ichimoku lines (magnets), but developed during bull market of course. RSI is low and looks ready to bounce soon Wedge was broken to the upside. Most adopted crypto by current banking industry Not my favorite project, but a lot of indicators saying it's a decent time to buy below 8k
by crypt0dank
Ripple - Peaks And Valleys - What Happens NextXRP has been moving "sideways" since the last chart. There are two circles on the chart indicating where I think XRP will make a decision as to which way to go. BTC has been moving in a similar manner and its important to consider what BTC is doing relative to Ripple. There are three possible scenario's that I can see happening - all of them require no action on your part unless you are still waiting to buy (im taking another position myself). 1) We could continue to move sideways for a few days - with some small peaks and valleys. 2) The price drops and we double bottom at around .43 3) We move up to .50 and begin to work toward challenging .55 Scenario 2 and 3 would eventually play out the same way. A double bottom would likely trigger a reversal which would get us to .50 and up from there. Moving sideways for a few days isn't a terrible market to be in (unless you are a shorter). Its an excellent time to take a few positions at some of the lowest prices we've seen in a year. I usually trade with technical indicators rather than emotion. I choose the project I invest in based on their size and merit. XRP is the third largest coin - its leaps and bounds bigger than most of the other coins in the top 10. It has real investors, a real business plan and is partners with some very real financial companies. For those of you who havent been trading Ripple a long time - I recommend you look at the historical charts. Ripple hit $3 not to long ago. With the financial sector's growing interest in Ripple I think it would be unreasonable to not believe we will see a $1 ripple within the next few months. As a top three crypto - its valuation should increase as ETF's and trading desks begin to wade into the market. It's amazing how many people doubt the potential of crypto after seeing how quickly it can become valuable. I've read articles about how "everyone" has bought crypto and decided they don't like it. All 2017 proved is that even though its still very difficult for the average person to get any meaningful amount of money exchanged into crypto - enough people were able to figure it out and drive the price of Ripple 5x what it is now. Ripple will rebound in due course- the best move as of right now is to buy and hold. It could start building a head or it could double bottom - the one thing we can be sure of is there is some short term volatility that will eventually share out the weak hands. If everyone just held - Ripple would move independently - and the price would be sky high. Until then - happy buying!
BITFINEX:XRPUSD
by rgeddes
3
Ripple - Genius Is Seeing What Other People Don'tI am a writer and full-time entrepreneur in addition to trading crypto. One of the benefits in following a market that never closes - is that huge chunks of time in between trades are mine to do what I want with. Many of my businesses require the occasional bout of "hands on" management - usually this doesn't take a lot of time and I am able to focus on both my love of writing and crypto. Ripple is a project I have been following from a very early stage. Many people have dismissed it as "just another bitcoin knockoff" which really does no justice to the project. Crypto has reached the point where direct involvement in a business such as starting your own crypto project - requires immense risk and funding. The easiest way to participate in Crypto as an individual investor is to buy the asset directly. Cloud mining and other forms of paid forms of coin accumulation is almost always a loosing proposition. Most financial advisers will dedicate 5% of a portfolio's value for higher risk investments. Ripple as a 17 billion dollar currency is no more risky than investing in mining or some other industry that experiences wild fluctuations. There is some possible downside - but the upside of investing in this new asset class before the rest of the world catches on - makes the reward well worth the risk. XRP is more or less following the pattern of BTC. BTC continues to move sideways in what is looking to either be a left shoulder or a possible double bottom. XRP has similar properties. When XRP picks a direction after we finish moving sideways - we are either retracing back to .43 before reversing - or we build a head after breaking through .50. People hate analysts who give them too many options. The advice is the same in both situations. If we move down its only a temporary situation before we move back to .50. If we hit .43 again - take another position. If we go right to .50 - wait for confirmation of the pattern before we can determine how to play things in the short term. Yesterday was a nice break from the bearish momentum we've seen lately. XRP need to break through .50 to move forward - lets hope BTC stops its sideways momentum, breaks through 6400 and moves to challenge 6800. If this happens we will see an >.50 XRP in the very near future. XRP is still a buy - there is lots of upside for this coin - especially considering it has a recognized project with actual merit. Short positions are not recommended during the weekend but especially with a chart like today - we can postulate that BTC will break the 6400 mark and we will head upward - but there is also a real possibility of the price continuing to be rejected and indirectly holding XRP down. I personally am still taking positions at this level. Genius sees what other's don't - weak hands are giving away their XRP "for a song" - if you came to the conclusion that XRP was a good investment 6 months ago - it should still be a great investment today. Many people seem to be abandoning ship - but just as we have seen in previous markets - many of these same people will end up piling back in when we enter our next bull run.
BITFINEX:XRPUSD
by rgeddes
Ripple - The Best Weekend Ever(ish)!In my last chart I called the bottom at .43 where I hope some of you were able to pickup some XRP. XRP like BTC seems to have hit its bottom (at least for this cycle) and we should be moving up to test some of the higher resistance areas before we move on. XRP double bottomed and reversed which is what has brought us to current prices. Given the direction BTC appears to be moving as well as the chart for XRP it looks like we will see .50 before the end of the weekend. Is this the bottom before the bull run? Time will tell. Once we hit .50 the chart a pattern will have emerged that will give us a clearer idea of where we go next. It seems like we are entering a reversal period - but I am waiting for more than a days trading to confirm that. XRP is still a bargain relative to where we know its going - its still very much a "buyers market" which isn't a terrible thing - we won't be see these low entry points for long.
BITFINEX:XRPUSD
by rgeddes
Price Drop Ahead For Ripple!I am a long-term holder of XRP. It seems the current cycle has been great for buying but terrible for selling. It doesn't look like that is changing soon. The current pattern for XRP in conjunction with the pattern BTC is on will likely bring us to lower levels in the immediate future. It looks like XRP will hit at least .43 before we see any reversal. Much of this will have to do with how low BTC goes. I think we are at the tail end of whatever this last consolidation period has been about. BTC below $6000 is bad for everyone - but especially bad for coins like XRP. Some people feel like they missed the big crypto opportunity and they are too "late to the game". With today's prices and more people "in crypto" the upside is better than its ever been. Crypto has only begun as an asset class - we havent seen a fraction of what it is capable. XRP is a real project with real potential. We are in a position right now where XRP is extremely affordable given its potential. Whether you choose to take advantage of the opportunity or not is up to you and your due diligence. Lets hope this downtrend ends soon and those of us buying can enjoy the fruits of our labor!
BITFINEX:XRPUSD
by rgeddes
3