Xrp-btc
Ethereum what is to come ?!Ethereum has been respecting this upward channel very well, I would be suprised if it breaks it now.
I am expecting to see Ethereum drop to 175$. As we are currently testing huge resistances and the market will need to find some more liquidity to breach them.
After which I am expecting to see a rise to the 220s region.
When these targets have been met I will probably do another little update.
Of course, stay cautious of manipulative daily spikes, so keep wide enough stop loss.
Thank you,
Hopefully, this provided you some insight
There is a possibility for the beginning of an uptrend in XRPBTCTechnical analysis:
. Ripple/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 29.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000515 to 0.00004500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000515)
Ending of entry zone (0.00004500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
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Ripple XRP/ETH Bullish AF Wave 2 ending very soon.Ripple looks really good here,
This chart shows that XRP/ETH has formed a beautiful Cup and Handle .
This indicates one ore more of these scenarios:
Ethereum will fall at a faster rate than XRP.
XRP will increase faster than Ethereum will rise.
XRP and ETH will move in drastic opposite directions.
If you've been into cryptos long enough you KNOW what XRP can do when it gets bullish .
over the last 6 months it has done nothing but declined at a steady rate. Meanwhile, breaking down from countless bullish patterns and indications.
I think that if we make the assumption (which I m keen to) that BTC , along with the entire market will fall over the next couple of weeks. Then I believe the assumption based off my TA and paired with the idea that XRP is inversely correlated to Bitcoin , that XRP will have a rise as the rest of the market falls.
I hope this helps!
Thanks!
Don't panic in ripple's land. safe 4H chart. GUN's are loaded.I don't follow anymore btc pairing, while people panic to much there.
And no more trading on binance, it's to much dominated by own whales or owner.
Any time after major coin dump, bnb pumps there.
Ripple is my stable coin and it was in past for many others.
We should touch in coming 5-7 days price movement over 0.37$
Bear's loosing selling pressure.
It's getting easier to recover price over 0.31$ and that's good sign for xrp market recovery.
Literally finance institutes invest in stocks between may -june for Q2-2018.
And november- december for closing Q4-2019
For history, check my another TA about XRP.
Lucky people accumulating now.
Most lucky people catch below 0.289$, maybe we will see one time again, but definitely last time for next six month.
XRP Critical pointHi traders
If you see my last post you will find why XRP is coming down , But now it hits a major trend line , its time for XRP to make a decision 1- Go up (and break that downward trend line) to 0.8 or 2-Go down to 0.08 ; Timing of this act tells me it will go up but my concern is BTC corecction ! So check both of these pairs to make a decision BTCUSD and XRPUSD
Best wishes for your trades
Cardano ADA/USDT - falling wedge im long ada/USD and ada/BTC both look good in terms of timing for a move upwards. this is a 4 hour chart showing a rising wedge complete OR almost complete. Can this just DUMP from here? of course it can and it may lol. but we have to go based off TA and this chart pattern is very strong.
this can be a ABC correction and continue down more.
OR this can be a 5th and last wave up before a new correction starts.
XRP/BTC - another shot at analyzing this lollooks like we fell from a rising wedge, to a channel. This channel has held price inside of its boundaries for 120 days so it seems to be a solid channel to rely on. What I am expecting is a bounce to the top of the channel then another lower low. We could just break out here but the more probable thing to do is hit then channel for wave E.
XRP-BTC vs. XRP-USDT and Bear TRAP detectedFirst, i would not trade a top 10 coin on btc pairing.
While market have some balance, and btc-usdt is major ship.
Just say 100 market maker, funds,.. trading btc-usdt and can move it up 1% hourly.
All altcoins, incl. XRP are affected from them in BTC pairing first.
But we are not in fully crypto currency times now, that means trade it on usdt and stay safe.
I see on xrp-btc pairing 2 channels.
One of them is true trading algo-trades pattern.
That's the magenta one.
The red one is BEAR TRAP. It tricked algo trade bot's and let them sell large amounts on xrp.
btw, t's easier to catch xrp on btc pairing.
You can see the on volume candles.
Bear trap is started on (1) and continued few days until reached (2).
We broke with that bear trap ultimate long term btc pairing line.
Now, accumulating back and we will see a slowly uptrend until (3)
Critical point 6720sat and if we can continue 7450sat should be easy until 20 may.
I see it as opp. for buying cheap xrp.
How ever, look more on usdt pairing, where mostly volume comes here.
I guess, we will see some rumor and FUD campaign for price pressure like J.P. Morgan will replace ripple,....
don't care, hold tight folk.
XRP-BTC pairing had a harmonic channel before this bear trap!
All signs for manipulating for cheap ripple are there.
Stop loss: 5650sat, safe your self from another bear trap!
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~
XRP Ready To LaunchSince touching the bottom of $0.25 in September 2018, XRP has continued to produce higher lows. Though we will discount the Swell pump as that is something that typically happens yearly with XRP. Post Swell saw XRP return to the $0.28 region. In recent history XRP has found that $0.38 is a key level of resistance. Every time that XRP has attempted to breach this resistance it has been met with rejection and pushed back down to the $0.30 region. This has allowed traders and investors alike plenty of opportunity to accumulate for their positions.
Moving onto the indicators. The RSI indicator bottomed out in August 18, and has since produced higher and higher lows. This tells us that buyers are taking an interest at these lower levels and that slowly, the bulls, are beginning to gather strength. The same can be said of the MACD indicator, though it bottomed in April of 2018. This is not surprising as the trend usually continues even after the MACD has either peaked or bottomed. Though, as we can note now, the MACD is approaching neutral 0 on the 3-Day chart. Looking at the price action versus our indicators we can see that there is mounting bullish pressure with XRP.
It is typical of XRP to have very long periods of price descent followed by long periods of accumulation. These are almost always met with a sudden burst of energy upwards producing tremendous gains for those who accumulated. It seems the time for XRP to make a move is not in the distant future and is going to be upon us quite quickly.
For this expected move traders could even enter at current price levels at $0.328, though optimally buys closer to $0.30 are preferred. Laddering in with a stop loss above $0.34 for entry is certainly an ideal position. The resistance levels at $0.38 have been tested three times. Typically, we find that when a support or resistance level is tested on the fourth time they break. Please note that this is not always the case, and that proper risk management is absolutely necessary.
We will enter position here with a stop loss of $0.29. The target for the move up is the fibonacci extension that brings the target to $0.50. However, it may not reach precisely $0.50 as there is a lot of resistance at this level. $0.48 is much more reasonable a target. It is quite possible that XRP will touch the "Dump zone," at $0.50 where it is likely to be met with a swift rejection. From there we will look for a move down and consolidation. Entering at current price levels and hitting $0.50 presents us with a gain of 54.68%. Good returns for any trader.
Ripple looking to make a moveNot Financial Advice:
Possible scenario: Lots of selling pressure have pushed this coin down hard to a good buying and consolidating zone, and now XRP looking to make a move. Stop loss in place, I want to see a push up to 9k sats. There may be one more strong push down to shake weak hands. Time will tell.