Xrp-btc
XRP moving patternIn the chart you see XRP is forming some sort of a symmetrical triangle. Till now, everytime we hit the support levels on the blue line, we get a big spike up.
While in my opinion the cryptospace is tied to BTC (to a certain extent) I always look at the BTC chart first before looking at alts.
With BTC holding support on the 200 weekly moving average the forecast for BTC in the short term is quite positive. While BTC is holding support on the 200, XRP is holding support on this trendline. Therefore, I think it is very likely that we will see a green candle up to the .42 resistance levels for XRP.
What happens after that is the interesting part. If XRP breaks resistance from the gold line, we are likely to see further upside. However, if it does not break this resistance we will most likely go back to test the blue line. If we fall through, I think XRP will test the red support line to posibly reach capitulation and go up from there.
Good luck trading!
XRP/BTC - Re-enter signal-As long as the white and blue line are above the grey area in the back, you make more $BTC..
The USD chart for $XRP is looking bearish atm, XRP-BTC on the other hand looks like it wants to head higher in the coming weeks.
-IF $BTC starts to drop from current $3286 (binance) levels, then XRP will probably rise further.
For a bullish scenario we need the grey area (231 MA) to make a bowl shape (like it did between from Oct to Nov in the chart above), which will then indicate a jump in price possibly re-testing the 0.000010000 price levels (15% from current price) somewhere in Q1 of 2019.
-On a higher time-frame (343) we also have the white (7ma) and the blue (77ma) crossover:
XRPUSD reversed off resistance, potential for further drop!XRPUSD reversed off our first resistance at 0.3415 (61.8% Fibonacci extension , 23.6% Fibonacci retracement , horizontal overlap resistance) where a strong reversal might occur below this level pushing price to our major support at 0.2646 (61.8% fibonacci extension , horizontal swing low support).
RSI (21) is also approaching resistance and we might see a corresponding drop in price.
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XRP/BTC: Patience needed for the pump? XRP has been moving to inverse to BTC recently, and I have an itching feeling it will moon one of these times BTC takes a nose dive. That is more a gut feeling, nothing to back that up with.
Anyway, support around 0.00088 has been holding for a couple of days now and it has felt like ages, long here with a target in the purple box around 0.0001
If XRP drops out of this range (on a potential BTC move up?) then I would expect XRP to visit the 0.0007 area which is the second red box on the page
Seen some VERY bullish XRP targets recently flying around, some hitting at early 2018 levels, I think that is mostly hopium, but it is important to look at what XRP has done in the past, generally mooning after it sees some pumping action.
Also being clear here I think XRP is total garbage when it comes to a cryptocurrency, but I chart it for the #XRPArmy and for the fact that it is listed on bitmex. Also such a high market cap that it is (unfortunately) relevant.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
$XRP DAILY CHART- the EW does not apply here that much but just ideas of what we could see in the future
- im extremely bullish on XRP for the end of the year as well as upcoming 2019
XRP. I expect the continuation of the fall to 0.28-0.3 $After a sharp fall from November 18, sellers were able to bid $ 0.33. The price has not reached my target, which I wrote in one of the ideas . Buyers began an attempt to grow. However, in terms of the nature of growth, it was more like a correction.
At first, the large volume was visible only at the test of 0.33-0.35 $, then the volume declined.
Secondly, during the growth, there were very deep corrections and comparatively low maxima
on the third chart XRPBTC looked not very optimistic about the growth of BTC:
I think you have noticed that while trying to grow BTC other coins, or stayed in place or passively grew. However, with less attempt to drop the BTC, the coin fell badly. In my opinion, there are currently insufficient lobbies in the market to grow everything.
Also, the local high is $ 0.408. At this price, the Fibonacci level is 0.618 from the falling pulse (November 18th).
If to spend on local lov and high channel, it turns out that the critical point for sellers is 0.386-0.39 $. At this point there is both a liquid zone and an upper trend line. And while buyers did not beat this point, I do not consider this coin to grow.
If the correction from the fall is over, then the critical point for buyers is $ 0.33. If sellers try this price, then the following targets are for a fall of 0.306 and 0.28 $. In addition to the analysis of volumes in the price of $ 0.306, the current wave of the fall will be half the incident impulse from November 18th. and at a price of 0.28 $ respectively 61.8%:
So for the start I expect $ 0.33 with an end targetof $ 0.28
Ethereum opportunity What do we have here?
-Ethereum is losing capital to XRP for about a month, and should recover part of this capital to fight to be second place marketcap
-90% retraction from 2017 bubble
-Double ABC making a corection WXY
-Descending Wedge
-Will bleed more if BTC dumps
-RSI daily record oversold, weekly too
Can/Will XRP replace the king of the Hill? BTC 2.0?With all of the speculation, rumors, and technical opinions there out there, there's a lot of people who believe this is inevitable.
- Can XRP replace BTC 0.68% and become the new king of crypto?
- Can it become the one everyone has been waiting for who said another coin will eventually replace Bitcoin?
Tell me your thoughts on this in the comments section down below.
XRP/BTC - Short (Conditionally)• Rallied 25% amidst strong bearish price action throughout rest of market, still up 18% on the week --> Excessive upwards move for such a large cap coin
• Stochastics trending down on hourly with bearish divergence on larger timeframes
• Tried to rally about 10000 range for a second time, rejected
• Buy volume weakening, sell volume increasing
• If it reaches previous resistance and breaks (9250-9350 range), great short opportunity
XRPZ18...It Has To Go Down Sometime...Right?Honestly I don't know! We are in an INSANE situation right now with bitcoin getting slaughtered and ripple holding strong. Has something changed fundamentally? The fact is I don't know. However, based upon TA I think xrp/btc is getting very, very,very toppy. Now, if you remember when I tried to call the bchz18 top then you will remember that it is..well..dicey at best trying to call tops but we did get that call right in the long run and I think we will get this one right as well. Let's see what happens.
Red Boar
p.s. RIP bitcorn *tear
XRP/BTCHello all,
XRP taking obviously advantage on BTC, probably that this will continue, XRP will see its dominance increasing in the Crypto market, but not sure if it will affect significantly the value of the pair XRPUSD, let's follow this closely.
What do you think? please share your comments and thoughts.
Cheers
15 min possible H & S on xrp/btcThree most likely options as I t see it.
As this is end of US day there could be a less likely 4th option of sideways.
Seems support has been building at neck line. but resistance is also strong.
Im personally long from yesterday's dip, and from October. If BTc falls more xrp seems to have established itself enough to recover from general market downtrend to cover any panic selling.
Crypto: The Ultimate Test of Patience - Buying Opportunity SoonI'm using the XRPBTC chart here, but the same can be said for most major alts as well. This is a popular chart, so I decided to use it as an example.
This is a new view on the market that I have been thinking about recently (and posting about), and the last couple of days have convinced me more that this could indeed play out. The market does not want to go parabolic right now. It wants to drift sideways. We needed to see follow-through on this XRP run, but we didn't. This is okay. However, as we've been seeing, many alts are drifting down to their lower supports, in what seems like a crypto-wide mini-capitulation move. Why is this happening? There are some possibilities:
1) The stock market looks very weak, and people are simply getting out of risky investments. Interestingly enough, the coins that are crashing the hardest are the platform coins, which rely on ecosystems of big businesses for network usage. The coins that are the most stable are the currency coins like XRP, BTC, XLM, etc. This may be because platform coins likely won't see as much usage during an economic crisis, and won't be as profitable, whereas new pure currencies may be an important solution to coming economic problems. This is definitely something I'm thinking about, and am considering re-structuring my portfolio a bit for this reason and going even more heavy in XRP and XLM. Others might be thinking the same.
2) Traders- Yes, this market is flat right now, so traders are selling at resistance, only to buy at the already established bottoms for many coins. We can see this happening with WTCBTC (been between 4100 and 5000 for a while now), NANOBTC (been between 2600 and 3300 for a while), etc.
3) Crypto is done for - Certainly possible, but improbable in my opinion. It's really up to the rest of the world to believe in it at this point. More people are asking me about crypto and considering getting in, so this is a good sign. I see news articles saying "Stock market crash likely to cause an increase in Bitcoin's value." Also, I think the dollar will crash soon along with the stock market:
The last several days, alts have had many attempts to bounce off support zones, but have failed every time. This is not necessarily bearish. This may indicate strong buying going on in a demand zone. There is no demand above this very narrow zone, so the purchases are quickly getting sold. But to me, this is a sign of accumulation. I think this can go on for another few months. Alts just keep extending their bottoms. Even though this XRPBTC chart looks pretty strong, I wouldn't be surprised to see a breakdown and then a slow rise along the support in the 6200 area for a while, until breaking up sometime in February/March (outlined on this chart). Right now, nothing is telling me that a massive bull run will happen in the short term, but of course I could be wrong. These are the moments where bulls can catch you by surprise. Right when everyone gives up and walks away. So of course this is a possibility as well, but very unlikely, in my opinion .
Watch for the capitulation going on right now. There will be a very good buying opportunity soon, if not already. I have a hunch that this drop isn't over yet though. Hopefully we can hold the 200B total market cap line, as this has held for months now and has proven itself to be a solid bottom.
If you look at my analyses, most of my play-by-play price action strategies have been pretty spot on. I haven't been trading my setups though because I find that I get in my head a lot about whether or not my decision was the right one. This shows I still have a lot to learn as a trader. However, I've gotten very good at predicting target points on breakdowns, as well as resistance and consolidation zones. At this point, I'd rather be doing this for other people's benefit, rather than my own. However, due to the fact that I have other things going on in my life, I won't be updating on here as much. I need to take a break for my sanity. I think I'll stick to my original plan of selling a bit when one of my coins goes way up, in order to rebalance my portfolio and lock in some profits.
Here are my other posts and subsequent updates, for quick reference:
Previous XRP analysis:
BTC (where I first posted this new view on the market several days ago):
XLM analysis (broke out of triangle, now back in it):
BAT (predicted the test of 6000 and breakdown):
VET:
TRX:
NANO:
WTC:
NEO:
ETH:
EOS:
GVT:
Feel free to give a like, and let me know what you think!
This is not a recommendation to buy or sell. I am not a professional financial advisor. This is my newest view on the crypto market, and what's been going on. I'm sure it's been frustrating for many people.
-Victor Cobra