Rippleusdt
What if xrp can go to $0.14.. ?hi.
From the moment i openend my log scale i saw that there is a whole region that's never fulfilled before.
What if bitcoin breaks 3K is XRP also going to break it's recent floor again ?
0.14 is an option if you think the way i think. XRP went x650 last time... it's still overpriced even if the fundamentals are good now.
What do you think ? comment below.
XRP LONG 0.368Hi guys,
As we see we have a perfect eliot wave with a perfect ABC setup. I see an extended eliot wave coming (6-7leg) that is also the resistance of the weekly 18EMA.
let's see how this plays out ! but what i already know is that it perfect holds support on the 61.8FIB.
Let me know what you think !
Ripple, what's next?Ripple, 1D, Binance. I do not want to analyze less timeframes, because there's no volume.
We have an upwards channel, and now we are almost in the middle of it. Yellow blocks - are trade negotiations in 4H timeframe, blue one too. - are a target to short squeeze, as always. So, the introduction is over, lets begin.
Now we are testing the first yellow block, if the price goes lower, you should check the price reaction to the middle of upwards channel. If it broke it - the possibility to go lower will increase. Long setup will be if the price can break through the blue block and test its upper border from up. That would be a nice set up to buy.
BUT! Look at the volume - it's almost empty. And the candles tell us: "The MM can make a nice impulse, if he wants ". So, do not hurry and be careful! You have only one deposit and infinity to make an order. Save your deposit!
More details and feed back on twitter.
XRPUSD - 1D Chart AnalysisAfter 29 days of a bearish trend and a drop of 36%, the price is finally going through a better period and is about to register the 3rd consecutive day of growth.
Another important detail is given by the crossover of the 20 days Moving Average meaning that, according to the Bollinger Bands, we are assisting to a trend change which can also be confirmed if the price will finish the day higher than 0.3367$.
As we've mentioned on the previous posts, this first candlestick which is fully created after the price has crossed the 20 days Moving Average, can be considered as a very powerful confirmation of the trend. And the easiest way to check it is to follow the chart and to identify the previous similar situations :
- On the 5th of November, after the price has "jumped" above the 20 MA, the green candlestick has confirmed the increase which followed;
- On the 20th of November, after the price went below the same MA, the red candlestick has confirmed the decrease.
Having a look to the technical indicators as well, we can easily identify favorable circumstances for this scenario, as it follows :
* The RSI is 48 and it can be considered "neutral". It has managed to recover from the "oversold" position and it has potential go go even higher;
* The Stochastic`s crossover from the 16th of December has signaled the uptrend and the distance between the "fast" and the "slow" lines is still big enough. On top of this, there is still more room for the price to increase before the level of 80 will be reached;
* The MACD also above the Signal since 2 days ago, meaning that the uptrend has big chances to continue.
With the actual trading volumes, it seems that the odds are favorable for the price of Ripple and we have big chances to see the price reaching 0.36$ in the following days.
XRPBTC (D): Ripple vs Bitcoin - Be watchful!At Ripple, we may see a number of indicators that could guide us the direction: First, elliott wave. According to ABC, we may have seen 12345. That would lead to a correction of ABC . But also a rising wedge could crystallize out. And the Gann Fan also indicates more to 8/1. We should watch this closely the next few days. If Ripple breaks through the resistance line, an interesting development could open up. But it doesn't look like that at the moment.
Look also at:
And bw: Happy new year!!!
Let's see what happens. Happy trading. :-)
XRP swing tradingI have since 2,3 and now 4´th quater had a bearish vision on the market. I still think that the market will continue its path in a bearish direction until midt of 1 quater 2019.
The logic behind this is that the bullish run in end 2017 beyond what you call normal, and in the same time a lot of bad companies rised and the market needs to clean that out, so the winners can continue and the losers/fake projects can get out. I also see Bitcoin hitting somewhere between 1000 & 1200 $, that until now have had some effect on XRP´s movement.
This is the only way that the industry can attract new money and heavy investors in, so it can move up the market cap.
this is an example of how I have set up my investment and swing strategy with XRP.
The idea is to make some swings to be rady for the bull run in april may 2019.
Feel free to comment and wish you all the best of trading!
XRPUSD - 1D Chart AnalysisLike most of the Coins, Ripple also went through a "dark" period starting with the 19th of November which was followed by sideways movements in the last 10 days.
In this short interval, we could see the price having a daily moving average of 8.79% (or 0.0312$) and the levels where it had difficulties in advancing were 0.3986 (Resistance Level) and 0.3458 (Support Level 1).
Even if the RSI is "testing" the "oversold" area, followed by the Stochastic's crossovers which we could see often in the last days, the MACD is still below the Signal meaning that there is more room for the price to decrease. So we have a contradiction!
At this stage, with the trading volumes which are decreasing, we can "officially" say that the market has slowed down and it's still undecided while this scenario can be described as one in which the price is "in the middle". The traders with experience might say that the "patience" is a virtue now.
In these circumstances, the optimists can consider the Resistance Level of 0.39864$ as the next target price, while the pessimists will notice that the price is still between the 20 days Moving Average and the lower standard deviation of the Bollinger Bands, meaning that it can go even lower. As a possible target price for this second scenario, we can consider the Support Level of 0.3104$.
XRPUSD - 1D Chart Analysis
Like most of the cryptocurrencies, Ripple was also affected by the drop in the market capitalization we could see today, losing 9.83% of it's value so far.
Based on this higher volatility, we could see the price crossing the 20 days Moving Average and ending the 10 days interval in which the trend was bullish.
At this stage, the RSI is heading slowly towards the "oversold" area, the Stochastic is confirming the drop, while the MACD is about to cross the Signal indicating that the price decrease has not ended.
If the this scenario which is based on these technical indicators will get caught of, the next target price can be considered 0.4504$ and even 0.4219$ in extension.
XRP. The first target is 0.46$. The global target is 0.38$After sellers cured $ 0.38, the buyers tried to continue to grow and after a breakout of 0.46 this chance came out. In my previous idea , my target was $ 0.58. However, this growth took place on small volumes:
In the price zone 0.53-0.54, there was a large amount of liquidity before xrp started falling in early October:
and this price zone was an indicator of whether buyers could continue to grow. In my opinion, buyers failed their test and this growth has shown that correction after the growth of September 21 is not over.
Assuming that the current growth from October 11th was a wave of X, then it corrected quite a deep wave W, nevertheless I expect a fall of up to $ 0.46. If after this fall buyers will not be able to break through the price zone 0.504-0.514 - then there is a high probability that the correction will continue to $ 0.38.
At $ 0.38, the wave Y will be X * .786, and the wave "c" will be equal to the waves "a" (at wave Y).
Marginal buyer positions have decreased significantly:
Sellers are still passive:
Therefore, if buyers try $ 0.506 - I'll wait for the benchmark 0.46 and see if buyers have the power to hit $ 0.504-0.514. If buyers can not stick above this price zone, I expect a drop of up to $ 0.38