Ripple formed a bullish BAT | A good long opportunityAfter successful completion of a bullish gartley pattern priceline of XRP / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
But stochastic is strong bearish and has given bear cross moreover MACD is turned weak bullish from strong bullish, so here I would suggest to wait for MACD to turn back strong bullish or if the MACD will be turned strong bearish then wait for to turn it back to weak bearish or wait for bull cross from stochastic then take the long position.
The PRZ area should be used a stop loss zone if a complete candle stick will be closed below this area.
I have used Fibonacci sequence to set the targets.
Buy between: 0.25350 to 0.24754
Sell between: 0.25510 to 0.26309
Enjoy your profits and regards,
Atif Akbar (moon333)
Ripplelong
XRPUSD formed bullish shark | Upto 77% profit potential tradeThe priceline of XRP /U.S DOLLAR has formed a bullish shark pattern and entered in potential reversal zone.
From here it can hit the sell targets soon insha Allah.
The MACD is also turned bullish.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.30493 to 0.25690
Sell between: 0.35358 to 0.45584
Regards,
Atif Akbar(moon333)
XRP USD has completed bullish shark | A good long opportunityThe priceline of XRP / US DOLLAR completed a bullish shark and now entered in potential reversal zone.
From here it can move up any time to hit the sell targets soon insha Allah.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.30169 to 0.29559
Sell between: 0.30948 to 0.32418
Regards,
Atif Akbar (moon333)
XRP is the Earths One True Moneywe are witnessing the evolution of money. humanity will have one cheap fast easy to use currency to send to each other without borders instantly. XRP will be at your local bank, usable to buy food or as equity for loans etc.
This currency will change the world as the adoption sets in, will reach an immense marketcap and be a juggernaut of finance. Likely this is a plot by the powers of the world such as the Rothschilds.
Ripple new store of value and the coming of FIAT crash is very soon
not financial advice
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.
XRP LONG !!!The chart shows the formation of the ascending triangle pattern, with 2:1 risk to reward ratio.
Short term trend is bullish and might see a retest at 3800-3850 level
Hope It Breaks out in a positive way
Long after successful Breakout
NOTE- DYOR before investment, this chart is for educational purpose only
Please like, share and comment.
Twiiter:
twitter.com
Telegram:
t.me
Ripple has completed shark | Upto 77% profit possibilityThe priceline has completed the shark pattern and entered in potential reversal zone.
We already have a 2nd pivot support within PRZ area from here the price action will take bullish divergence insha Allah.
The stochastic is in oversold zone 1st time after feb 2019.
The targets are:
Buy between: $0.3049 to $0.25697
Sell between: $0.35363 to $0.45585
Regards,
Atif Akbar (moon333)
XRPBTC Potential Long ReversalHi guys its Brian here with a potential long setup for XRPBTC.
XRP has been taking some serious damage for the past 2 months or so. However today it is one of the coins that is in the green amongst the sea of red.
Currently XRP is having its 4th green day on the daily time frame. MACD has just started to cross to the upside. Stochastic RSI has already crossed up and RSI is pointing up as well.
This is a somewhat high risk high return trade because there is a possibility that XRP has not yet bottomed out. However it is starting to show some signs of life and could be ramping up for the next price pump.
Stop Loss: 0.00000267
Take Profit: 0.00001093
Approximately 1:4 risk to reward ratio
www.brianchai.com
Free Trading Group
Ripple buyXRP made a harmful correction move from june 26 to july 02. This move has been absolutely parallel to that of BTC or ETH.
But even if there are some correlations between those coins, there are on the other hand big differences.
Ripple did a fast rally to the top of a new corridor - which I could draw, when XRP made a second attempt to break the top line.
ETH and BTC didn´t do this move but grew steadily till june 22; then the 2 coins / tokens made a rally to their last high before falling back on their support lines (fib retracements).
When BTC and ETH made their high, Ripple didn´t manage to break the fib retracement, far below the upper limit of the corridor.
This has been a sign of weakness. Both BCT and ETH have been in overbought zone and the correction has begun - with pushing Ripple to the bottom.
One short moment I´ve suspected that Ripple even could break the lower limit of the corridor, but on the nearby swing trend line it stopped and turned back to the corridor.
So, in my opinion the corridor is still valid and not only that, but also very strong. XRP should stay in it for the next time. An invest on this low level seems to me not be too risky.
If my analysis is right, the next move should be motive and lead Ripple no at least the last high (~ 0.50$). A gain of around 24% up from today.
There are some fib retracements in between, each one a resistance or support.
This is no trading advice.
Morning Crypto Market Signal UpdateHi Traders! Welcome to this update analysis! Let’s get right to it! Looking at the Daily chart .
Now, before we get bullish or bearish , we have to assess the data on the chart.
If the most recent arrow is red, you should be short. If the most recent arrow is blue, you should be long.
Keep your Stop Loss at 5% of the price.
Looking back at the action following prior in 2018 we can see that the strategy worked on every single Cryptocurrency. So, the fact that we are in 2019 today is not a deviation from the normal progression. Now it would be different if the strategy had not performed well in 2018. The 2018 year is the line in the sand as the crypto market lost 70% of its value that year and HODL’ing failed. A strategy that can perform in 2018 changes things. Technically, if a strategy can’t be coded it’s not a strategy.
As time progresses, it is becoming increasingly likely that you will need a strategy to get results. So, trading is a very real way to go forward now.
One Minute. One Check. Once per Day. That’s All You Need! Good luck trading everyone!
Best regards,
Ryan Grey
Head of Grey Trading Investment Management
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.
XRP Last Retest before .57? (Daily Chart)Trust me guys I'm sitting here trying to be patient for Alt-Season but F*Ck! Lol in all seriousness, We are in the middle of the highlighted Zones. It clearly looks like we are headed for another retest, & I Can see XRP Crushing to .57 cents. BTC Dominance is very high right now, perhaps the big players will decide to move to alts very soon!
To the Moon baby.
On Balance Volume (OBV) vs Price of XRP MASSIVE Disconnect!If we take a look at BITFINEX:XRPUSD we see that we are currently sitting at around 10% of the all time high in price.
When we compare this to On Balance Volume we see that we are currently sitting at 75% of the all time high, this is a MASSIVE disconnect!!
On Balance Volume measures the net inflow vs outflow of money into an asset, as we can see in the last pump that BITFINEX:XRPUSD has there was a HUGE amount of money that came into the asset, all while price only moved a little in comparison.
WHAT DOES THIS MEAN?
It means that there are some HUGE bulls buying Ripple, these same bulls do NOT want the price going up meaning they are in accumulation phase..
It also means that there is not a lot of money leaving BITFINEX:XRPUSD and the same can probably be said for BINANCE:XRPBTC
there are just not many sellers interested at this level.
I would keep a close eye on BITFINEX:XRPUSD moving forward as there are obviously some very rich and powerful people in on this coin, and when they want something to go up.. it goes up.
XRP LONG$XRP update:
Retraced all the way back to our green support area, some recent volume coming in today. Slight bullish div on the 4H.
I'm personally being patient, but I think if XRP were to bounce, it would be around here. First area of resistance would be the yellow POC and R1, which would make good TP areas.