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XRP: C is still in motion!It looks as though my hypothesis in my last analysis on XRP was incorrect! But that's okay since now we know that the correction is still in progress. We can confirm this by looking at our 4-hour. It looks like we'll see whether if this will make a push in the next 4 days by popping out of the apex or if it will fail, where the lagging span would cross underneath the pricepoint into a bearish position (which can happen in 4-8 days) and could be followed by a bearish TK Cross. Only time can tell. -LB
BITSTAMP:XRPUSDLong
by CoinBlank
2
XRP: Possible Change in TideIn my last analysis, I discussed a hypothesis regarding the strange EW and its skewed nature. It looks as though this is the turning point where we see if I was right or not. If the lagging span sustains a bullish position and the TK Cross comes into a bullish position (the cloud always follows last between the two in a clear, trend-like movement such as this one), this would prove that my hypothesis of the termination of the C wave has come true. This means that we should move on to the next step by preparing to determine our next point of entry. The moment of truth will most likely occur during the next 24 hours, so we best be on our toes. Happy Trading! - LB
BITSTAMP:XRPUSDLong
by CoinBlank
XRP: Strange Elliot Wave and Possible Buy-in OpportunityIf we look at our 30-min chart, we can see that the price has broken out of the key level of resistance. We want to see if this bullish sentiment is sustained to determine our next buy-in opportunity. I noted that the ABC correction looked like it was going to be a classic textbook 535 zigzag in one of my previous analyses on XRP, but I've found that the final C wave is skewed by the overwhelming upward momentum that is apparent in the daily and our 30-min is suggesting a possibility that the C wave has finished and that the beginning of the next progressive wave is upon us. I understand that the C wave can be seen as "invalid" by zealot Ellioticians (because the fourth wave went past the first), but if you look closely, you can see that the buyers are clearly beating the sellers, which is causing the C wave to become skewed, as it forms the lavender triangle and the price is shot out of the apex and above the key level of resistance that has held down the dominant ABC wave. The 30-min's ichimoku cloud indicators are supporting this hypothesis, but we should be careful and patient just in case my hypothesis is incorrect and the price is rejected by the grander downward force that is projected by the ABC wave. The daily is still bullish, the 30-min is bullish, but the 4-hour has the possibility of becoming bullish over the next one to two days, as we should keep our eyes on the lagging span to see if it moves into a bullish position (and then watch out for a TK Cross) so that we can determine if this is actually the end of the correction and so that we can set ourselves up for the next progressive wave and make a well-informed decision regarding when to buy-in. If my hypothesis is proved correct, I suggest buying in at the second wave of the next progressive wave since this is the only buy-in opportunity in the immediate future that is the most well-informed. I hope this helps and happy trading! -LB
BITSTAMP:XRPUSDLong
by CoinBlank
1
XRP: End of C ApproachingIt seems as though the third wave down has started. I am utilizing my yellow and green support lines to help guide my corrective wave so that I can determine a proper buy-in. I am assuming that the C wave will finish off within this boundary. You all should be on your toes and look to the IC indicators as a tool for gauging the momentum downwards. It will help you determine whether or not if there is any more room to go past my support lines so that you can find a proper buy-in. Either way, this should be an exciting couple of days. Happy Trading! -LB
BITSTAMP:XRPUSD
by CoinBlank
XRP: Local Minimum ApproachingSo it looks like the A wave of the correction has come into full fruition and is in the process of changing its momentum to begin the B wave of what looks to be a 535 zigzag. You can tell on the 30-min that the ichimoku cloud has gone into a bullish position by looking at the recent TK cross and the lagging span crossing above the price point, where usually the cloud follows into a bullish position as well. I'm guiding my EWs based off of the momentum and points of support and resistance. I hope you enjoy the "buy" lines that I've drawn and that you use them at your discretion. I recommend coupling this knowledge with the ichimoku cloud so that you can judge whether or not our price will actually meet or go beyond my green buy lines when the time comes. Until we become millionaires, -LB
BITSTAMP:XRPUSD
by CoinBlank
XRP: Secure the bag before it's too late!!!If you've been holding XRP and wanting another point of entry before the next bull run, a favorable local minimum should be opening up within the next 4-6 days. There are some out there who are afraid that this strong upward momentum was only a temporary fakeout but rest assured, this is only an expected retracement in the grander scheme of the price movement. You can tell this by looking at the ichimoku cloud's indicators from both the 30-min and daily. The 30-min is only useful for interpreting the momentum for the smaller level waves; in the grander scheme of the price movement, the daily still all but points to strong upward momentum. To me, coupled with the inevitable TK Cross that is about to occur in the weekly, we should be able to infer that this is probably the lowest price that you'll be able to pick some more up at for the coming months. I hope y'all are as excited as I am. Happy trading! -LB
BITSTAMP:XRPUSD
by CoinBlank
3
XRP STILL PARABOLIC!!!BITSTAMP:XRPUSD From last nights video I said we were already in a parabolic state even though price is coming down right now it's already rejecting 27-28 cents and still shows hidden bullish divergence on the 1hr chart. I am expecting price to continue moving higher starting next week. Blue zone is established support and is holding to as such to bring more momentum to the upside. Red lines beneath are danger zones for XRP meaning if we break blue zones prices will diminish rapidly with a new lower price possibly down to 16 cents. Conclusion: Price must remain about blue zone without breaking bear fractal. Stay alert and 2020 is the year of XRP EOY Prediction: $10-$27 Follow me on Twitter and Subscribe to my youtube channel at youtube.com/cashflownexus
BITSTAMP:XRPUSDLong
by overflownexus
XRP RALLY BASE ???BITFINEX:XRPUSD So here is a scenario that can happen at the moment that I see and I'm starting to lean towards the bearish side because XRP has once again failed to break above the purple zone and ichimoku cloud is starting to get weaker on the 4h chart. If the current 4h candle manages to close as a bearish reversal candle I imagine price will drop to the lower area of the cloud and possibly to the .25073 area. If we manage to get above purple zone expect to hit .32 and .40 levels fast. Question now is what will we get rally base rally or rally base drop? Daily chart shows we flat kijun and that market is out of equilibrium and may do a correction lower.
BITFINEX:XRPUSDShort
by overflownexus
XRPUSD 4hr Following the Trend Channel FIB .236 @ 0.23100 suppotQuick follow up for #xrpcommunity and price of #xrpusd. The Parallel Trend Channel has shown the Continuation whithin and the Bullish Breakout attempt in the last 24hrs. We are currently in a small Pullback as the 12Day EMA has just crossed over the 50 Day (yellow), 24hrs ago, and now the 100 Day EMA (green).A strong point on the Fib retracement level 0.236, and point where noise will alway happen as Traders weigh up the options, and decide. The Stock RSI looks good , and the Volumes have been coming in TMC up 10 billion, There is a good correlation to #xrpbtc price, from begining of Sept 2019 FAR green solid line at bottom of the Chart ,up over 10%, worth considering when one does ones own research and TA. I am bull on this, we have seen at lot of Major Long Wicking, micro pumps, in last 24hrs, a signal that the markets are getting ready...hold your hand well. Good Luck. I am not a Finacial Advisor. Please drop and LIKE and a FOLLOW if you like to have clear detailed work with both short and long opinions, done with as much care to enable you to make better decissions. Thanks to you all :) I use a multitude of True Support and Resistance OLD school TA and then i back this up with multiple Moving Average Tools and Osilators to get a clear more precise style of TA. Hours of analasis and then when i have researched and show why, then i Report. TA is never 100% accurate...it can give insight when used correctly and clearly understood, how to apply it each and every situation. It often only improves one guess from being 50/50 to pheraphs 60/40, there are of course Traders then can increase these Percentages. There is a lot of Detail in these charts, which ever way the Market does, it gives you information, Support and Resistance, previous and furure.
BITFINEX:XRPUSDLong
by bluemoonstarX
Potential N Wave Move For Big Gains BITFINEX:XRPUSD A very important area for XRP right now facing Kumo resistance in the circled area. If a breakout is to occur above the Kumo immediate resistance with Tenkan sen at 0.23479. Potential N wave can be fulfilled if price can get above green zone. If rejection at that level price may range between the green red and black zone. Reaching blue zone will complete N wave and will probably want to test and range in that area. A drop below black zone will take us to extremely lowly prices between 16-20 cents. Keep eyes peeled and watch key zones.
BITFINEX:XRPUSDLong
by overflownexus
XRPUSD Is this the Zone 2 to Buy, Important next few days.Quick update, Markets very quiet last 48hrs, the Calm before the Storm, maybe? Please refer and look at #xrpusd see previous days report: XRPUSD Is the Pullback complete at 0.224xx THE Next Targets and the Orange bubble and progress from this point, we are now hovering around the0.234xx and Capitulation seem sto slowly completing. The next 24h -48hrs movement will arrive and one needs to be ready for this outcome. Im Bull on this call -.27xxx, 0.30xx also possible is just the 3 Target zone in this micro setup,.There is as every trader seems to be calling out massive moves, i realise this but take care to show where and what we need roo do before the next big step. #btcusd looks like a possible 2nd Bear trap in action we will have to follow the Market makers and Whales to see the outcome to this, So thats it for now, will keep you all updated, it takes hours and days to compile and figure out the next moves,itry to base reports on TA facts not fiction, But TA as you all know is never a garantee, due to volitility and Whales, so please appriciate and take a few seconds to LIKE and FOLLOW if you found this Report useful to you, in making you Anylasis. I am not a Finacial Advisor, so do not use my Reports to make investments, they are personal opinions. Thanks for getting this far.....Good Luck ") Please Follow and LIKE for instant notifications it helps to build good bridges and good content for us lll.
BITFINEX:XRPUSDLong
by bluemoonstarX
XRP $2000 CONFIRMEDJanurary is the month. Xrp will be a world bridge currency, relieving stress on the USD. They have been planning this since 2008. If you think the US government, the most powerful country in the world hasn't planned something you are wrong. To think they will allow btc to take their power is childish. Anarchy is childish. The big boys always win. All the talk in congress where they sound like idiots. The smartest guy in the room plays dumb. When we break $.26 resistance it will go straight up. We have been in this downtrend for almost 2 years, we hit the monthly level at .175 and we accumulated for 2 weeks. Use you brain. BTC maxis will be disciplined. They really think all the sheep in the world will just start using BTC? People are not going to switch unless they have a reason too. In the US there is absolutely no reason for people to use alternate money. They will switch without even knowing it. XRP will be used in the background and people will have no clue. Think of it like this, with bitcoin you are betting on a completely new financial system, government and world. With XRP you are betting that everything basically stays the same just a massive overhaul to the current system not changing the power structure at all.
Long
by bestisyettocome47
6