Ripplebtc
Ripple: Bullish signalRipple made ahealthy retracement all in the expectations. nothing to panic about. this is good for growth.
Ripple may be forming a bullish divergence MACD. Once the cross of MACD confirms, the market will notice this and upward momentum can be expected. Whether this will be a sudden strong upward move is to be determined.
If you look at the pattern Ripple made on its previous bullrun, we see it climbed up steadily, We can be expecting the same to happen in this run up.
Take your positions in Ripple now if you arent already in, or add if you strongly believe ripple will gain market cap and become king of the crypto market in market cap value.
Trade safe guys,
Note: My plublications are short and i made type mistakes. I only do this to help the noobs and stop them from panic selling. panic selling is bad for the market. Please keep your emotions under controll by drawing trendlines as a basic analysis.
XRP LONG - the gift that keeps on givingXRP has gained major traction within the month of December. We, as investors, await for news every day and with Q1 2018 coming around the corner... we are expecting the announcement of the TWO non FI house hold name partnerships. Now there have been rumored (based on Garlinghouse' tweet) that it is a coffee shop and and furniture store (look up his tweet and you'll see). Regardless of who they are partnered with, this will bring ripple to new heights. Everyone is eagerly waiting, may it be the short term investors or the long term HODLers.
From the height of XRP's ATH, we have retraced 50% which landed us roughly around 12k sats. I believe that the ABC correction is done (given that XRP usually retraces 40-50% from every bullish run). RSI is also trending up along with MACD. OBV indicates that the volume is still here. We are trending along the trendline (white line) and have bounced off that since dipping to 12,000 sats. That support line will play a major role in our next rise towards a new ATH. The first task is to break ATH of 18k. From there I believe 20k will serve as the next resistance (based on previous resistance and human psychological barrier around numbers ending in 0's). The target price that I am eyeing from this next run up is 25k-30k sats. 25k was the previous ATH from MAY2017, so once we breach that... there is no telling where the next resistance will be at. Although, like i mentioned about human psychology, 30k sats will most likely serve as the next resistance level. As the holiday clears, more and more investors will flood into the cryptoworld (mainly due to bank delays). I expect great things from XRP in 2018! It is just not me but many others are expecting great things, XRP's rise is already dubbed "the rippening."
Happy investing all!
Lastly, this is, in no shape of form, investment advice. This is just my take on XRP's chart.
RIPPLE CAN REACH NEW ATH!!!Ripple reached 239 ATH level in May.
If Ripple can find volume support it will reach again 239 level. But 239 level is hard resistence level. If ripple
can hold on this level it will reach new ath. If not it will fall to the 181 support level or 140 strong support level.
Now it is on the 215 level and As I see it , will pass 239 level today.
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The Chart XRP Haters DON"T Want You To See!just pointing out some similarities to the spring xrp pump. Obviously everyone is hoping for a CB add, and the anticipation alone could cause the price to skyrocket. notice the more prounounced levels on the current pump, likely due to the insane amounts of volume this time around. RSI also looks similar.
Target? Who knows... 30000? sure how about 30000. This isnt investment advice.
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
Very artificial jumps in Ripple looks like "ALTERNATIVE" patternI never seen such an exact pattern.
Such a systematic signals usually interpreted as an artificial and can't be natural.
Taking into account that Ripple is not a real cryptocurrency but debt notes that partners of ripple company allowed to use on Ripple cerified network I think somebody is artificially buying ripple to let it rise in time when people are in doubt about future of bitcoin.
Similar to SWIFT - ripple is a closed network of banks and partners of one centralized company who can decide and SHUT DOWN it anytime or could became insolvent and all crush.
If you want to make money with RIPPLE it could be possible only if ripple will allow you to do it, because they control all - how much of ripple is on market or would be bought back.
Like a usual central Bank or FED association.
Ripple have nothing to do with cryptocurrency except using idea of distributed network and blockchains
XRPBTC flag #3 Short term bearish, Long term very bullish. If the current flag plays out as past flags have, look for a pullback consolidation to the main support trendline around the 0.5 to 0.618 fib area then on to another breakout. Also notice the trend/volume divergence. Of course with any technical analysis, it's just an edge and anything can happen. Summary: Short term bearish, Long term very bullish.
Ripple XRP-BTC Trend AnalysisOn december 12th Ripple (XRP-BTC) broke out a long term descending triangle, coming from 24200 satoshi in may 2017 to 1180 satoshi at the beginning of december. In the last weeks XRP has seen a strong ascending bullish trend, bringing good trade opportunities.
At the time of writing this analysis the price of Ripple is 11350 satoshi. For those interested in short or mid term trading XRP I have placed strategic entry points on the chart and resistance and support (Fibonacci) lines to keep your eye on for a break up or down. Please note the entry points, indicated by stars, might move over time if the actual trend deviates from my predicted trend. In that case you can use the (Fibonacci) resistance and support lines to determine a good entry or exit point based on breaks.
1st sell target: 12900 satoshi
2nd sell target: 13900 satoshi
3rd sell target: 20800 satoshi
4th sell target: 23900 satoshi
Stop loss: depending on time of entering. For short term trading put your stop loss within a reasonable margin below the current or next support line. For mid term trading put your stop loss 500 satoshi below the lower blue dashed trend line.
As always trade safe: monitor your trades and set (phone) alerts and stop loss orders.
I hope you can put my TA to good use. If you make a good profit based on my TA I will be very grateful if you tip me, thank you!
Bitcoin address: 13MJSpaqqpBm9JfqNUFt424CQZBF8TKHYa
Ethereum address: 0x105e37a11abfcfa80ab51c00bc6837f65183af64