Ripplelong
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.
Time to buy Ripple!hi guys, short term,...few week term until btc tops, i think ripple could be risk low coin you can choose to buy to go long.
4hour xrp, i think it is overall big ascending channel, from few month ago..and now, 4hr/daily looks bullish to me.
0.33~0.32 dollar...should be buying range.
under 0.31 dollar should be stoploss, but check the boxes for entries. the coin is basically slow, but i think it would go up.
try to buy small amounts..whenever price drops into the boxes...no all in.
the target is weekly baseline, which is around 0.43 dollars...xrp in the past, after breaking above the descending triangles/falling wedge, it tends to shoot more then that(usually because it closed above weekly baselines daily...)
so i guess around 0.5dollar or some more.. could be MAX move. it would have difficulties going in the weekly cloud,more like massive sell off would come.. i do not think it can even touch it..by that time btc will top too..
and xrp/btc...attractive enough to go long in bitmex or binance...macd golden cross...oversold with escaping the falling channel..trying to make divergence..everything points at going long i think.
so good luck. dangerous considering btc is hovering at dangerous levels..but xrp tend to go up when btc is in consolidation or stale.
stoploss should be under 0.31dollars for this move. i do not think it would come to 0.31 dollar before moving up..lets see.
thanks for reading! have a nice day~
#Ripple The right moment to buy?Last week we saw a very large rise in the Rippel and a correction of this rise, what can we expect to continue? You can see that last week the Ripple broke the resistance and rose to the 200 moving average line and when it fell it stopped just in the resistance area that actually became support.
We think this is the right moment to open a long position with a relatively close stop at 0.3180
Entry Price: 0.3270
Stop loss: 0.3180
Take profit: 0.3680
RIPPLE POSSIBLE BUYAfter a logn bearish run in the higer timeframes finalyl we can see a bullish move on soem coins ,so right now i would like to try to go long as a very interesting set up is been presented here with some nice confirmations to aim for a 11% to 15% and those are :
1.Broke the major descendign weekly TL
2.Created a new high in the lower tiemframes
3.closed abvoe previous high and shadow
4. new bullish 1st structure formed and holding above the MP 61% fib
XRP Scalp Opportunity with a 6.6RR and a 50-60% profit potentialGood morning traders!
I've found a nice quick scalp opportunity on XRPH19 after we had a nice retest of previous resistance before the breakout.
XRPH19 on Bitmex has low liquidity, so it's a higher risk trade but I like the support it's held so far and I've bought these S/R flips before for nice profits on the bounce.
I'm looking at a 10X leverage trade with a trailed take profit when and if we get the bounce.
Targets are ideally the .618 and the .786 on the bounce.
Good luck and happy trading!
Remember:
If the chart is old, don't trade off of it.
This is only for research purposes only.
Manage your risk with stop losses and correct position sizes.
Ripple long term | Where is the value? | XRPBTC | XRPUSDWill truth win?
The XRP "system" has no value and does not belong on a blockchain.
Targets as shown on chart. Daily, longer term.
And if you paid attention, you may have noticed i even marked out a negative price.
That's right, if anything, they should pay people to use their inefficient, useless fake blockchain system.