Ripple - Uptrend!? Hello Traders!
Obviously the Correction phase, is over. We accurately predict the end of supposed 1-st subwave, then retest by 2-nd subwave and after that Strong Uptrend in 3-d!
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Rippleforecast
RIPPLE (Retest present bottom)Hello Traders!
The Correction phase, do not over. We accurately predict, stop decline tendency. So, yesterday we saw, first rebound, then should wait present bottom retest, next step the creation of balance and after that Strong Uptrend!
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Personal gratitude!
Yesterday we red one comment from Trader "Gusccbb" ( www.tradingview.com ) , who awared us to be careful with Ripple, cause of adverse fundamenatl factors!
"Hi, do you think that with the low market volume of last days is compatible with a trend break this week in both Ripple and BTC -6.39% that have been severely punished by the impact of news from Korea last week?
The volumes are approximately 15% of those operated in the first week of January. The trends will be defined I think when the money returns to the market I think. Tks 1.50% ."
We are sincerely grateful to you! Respect! Big thanks!
Subscribe to "Powerful Traders"!
Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis,
Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint.
We trade in all financial markets, there are no boundaries or limitations.
«« «« «« «« «« Hold Like! »» »» »» »» »»
(If you have questions, comments, write, reply thoroughly!)
You're welcome!!!
Best regards, the team Traders "Powerful Traders".
RIPPLE (Correction continue)Hello Traders!
The Correction phase, do not over. We accurately predict, weak decline, then rebound, creation of balance and after that Strong Uptrend!
-------------------------------------------------------------------------------------------
Personal gratitude!
Yesterday we red one comment from Trader "Gusccbb" ( www.tradingview.com ) , who awared us to be careful with Ripple, cause of adverse fundamenatl factors!
"Hi, do you think that with the low market volume of last days is compatible with a trend break this week in both Ripple and BTC that have been severely punished by the impact of news from Korea last week?
The volumes are approximately 15% of those operated in the first week of January. The trends will be defined I think when the money returns to the market I think. Tks."
We are sincerely grateful to you! Respect! Big thanks!
Best regards, team traders "Powerful Traders".
Our Forecast of the Price Movement of XRPUSD We have been requested to provide a forecasting report on XRPUSD, a crypto-X which we are not familiar with. What we attempt to do is to provide our report using the same forecasting techniques on BTCUSD and ETHUSD and our point is that regardless of what instrument we trade, the same techniques can be applied across the board.
XRPUSD was merely 0.20 on 8 December 2017 and in 2 weeks, it had made an all-time high of 1.25. Since then, XRPUSD has been in red candles and retracing for a couple of days. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, we do see potentially a healthy retracement is emerging after its solid move to the upside in less than a month. A
Based on our forecast, we could see potentially the price will test at 0.85 as our first support level and if it cannot provide the necessary support, XRPUSD could potentially be retraced to 0.72. We will monitor the price of XRPUSD closely and see its reaction as these levels. On the other hand, if 0.85 level provides a strong support, we could see XRP potentially move to the upside with our first target back to the all-time high of 1.25 on 22 December 2017 followed by our second target of 1.50.
Good trading
NinjaSingapore
25 December 2017
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