XRPEUR
Utility drives XRP/BTC. Prove me wrong. TLDR; YOU CAN'TEvery time I hear you mouth breathers say we are waiting on utility I die a little inside knowing how stupid that is to say.
Here is have again posted the amount of payments being sent on that date. Funny how the price is ALWAYS higher when the number of payments increases. If speculation primarily moves XRP then why can't you find one point in history payments were at a all time high and price wasn't . Prove me wrong this seems to easy and your all blind apparently. No offence but you can't see whats staring you in the face. There is a reason Ripple NEVER worries about the price. They know as long as 10,000-16,000 payments are made per day the price will hover around support. Most every increase in payments will see a increase in price with one or so exceptions in 3 years of data
Xrp price ATH WAS ALSO PAYMENTS ATH 135,141 (1/5/18) The climb to ATH price was also a climb to PAYMENTS ATH . AM I MISSING SOMETHING HERE? PLEASE TELL ME IF THIS DOES NOT LOOK LIKE PAYMENTS ARE MOVING THE PRICE .
Are you telling me Payments are not sent until price action moves upwards? In what world would instant payments be instant if they are waiting on price action to be filled? None. You guys have no fucking clue what is about to happen to it's gonna be dick size changing gains. Oh yeah.
xrpcharts.ripple.com
XRP - Nearly Completed Pennant. It's Time to Rock and Roll!Looking at XRP's daily BTC chart, you can see a giant pennant that spans over 21 months and has heights of .00017 - .000215. That sets up for massive targets. We have a bullish cross on the MACD , and XRP has held up this entire BTC dump. Both of its USD and BTC charts are sitting on strong support levels. I think this bad boy is ready to kick start the alt party. Watch for a breakout!
XRP bottomI have highlighted price area where I see possible bounce zone for XRP before bull run.
The question is , will that be the bottom before major rise ?
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About XRP 100$+
People are giving too much power to market cap. It's just statistical comparison in crypto area ( Useful as comparing coins with how much followers they got on twitter) .It’s not roof.
There is a reason why 100 billion where made.
With 0.30$ xrp wouldn't be enough for even handful of top world banks.
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Short this S-coin to 20 cents. Absolute pump and dump garbage.It's been very obvious for a long time where this coin is going and that is 0 cents. It has all of the characteristics of a penny stock during the dotcom crash. Great coin with potential utility but xrp really destroyed themselves by resting all of their business revenues on the pumping and dumping of this token. There are things they shouldn't have done in retrospect. They shouldn't have given themselves unabated power over escrow, and their whole business model shouldn't have been made dependent on the value of the token to begin with. Very sad situation unfortunately.
Ripple - Waiting for the breakout... Will it be July or August?I have been eyeing this trade for a while. This is a great long entry point. Bitcoin is having a healthy correction and the alts are turning around nicely for a change. I think once XRP takes off, we'll just hold on for dear life until we hit lunar orbit ;) But be aware of the white trend. The two previous times XRP went vertical, the patterns went to completion. We may have another month before liftoff.
Get ready to short XRP down to 22 cents. Based on the 0.236(0.32898) fib and current bearish trend in conjunction with btc rise in market cap dominance (potential retrace in usd), get ready to short xrp down to 22 cents which is the bottom level of support and what the whales have been trying to achieve for a very long time for accumulation purposes.
XRP is going to 20 cents #0doubtThere is no doubt in my mind that XRP is going to 20 cents as that represents the bottom level of support for the XRPUSD price. XRP cannot moon until the level of support has been reached. This is further supported by the overall trend direction, remember the trend is your friend.
I am finally bullish on XRP! This is a perfect long entry. I am no longer bearish on XRP/BTC. 95% of my calls out of about 20 on XRPBTC have be correct so far. I believe that many bullish indicators are playing out, including an XRPUSD / XRPBTC convergence, prolonged uptick in volume, ridiculously prolonged oversell on the RSI, as well as the recent bull run in BTCUSD all indicate that XRP is due for a nice rally.
Rally probably won't happen straight away, so expect an initial rally up to 0.00004200 and then a correction back down to 0.00002800. Already made a tonne shorting xrpbtc so hopefully we can make some profits on the upside.
Let's just appreciate how bearish this chart looks. All of the gains we've had over the last three months will be completely wiped out in less than one month. This chart looks incredibly bearish. Once these monthly candles form it's extremely difficult to change their course. XRP will be at 30 cents or even lower this July.
That last rally we had in May was a final attempt by whales to create enough volume so that they can exit the market. The fact that Joel Katz "de-risked" by selling his bags before this Rally happened should be indication enough that this market is about to entirely capitulate.
I feel extremely bad for the mom's and dads that have put their life savings into these s#$%-coins expecting to get some sort of retirement out of it. A wave of Suicides and divorces will ensue, believe me. XRP has been a grand failure, lets face it. Wild expectations and extremely dismal fundamentals.
Inb4 "but moneygram". Literally shut up about this, moneygram is a s%#% company that is facing massive financial difficulties. Their stock looks worse than Deutsche banks. Please stop getting the wool pulled over your eyes by twitter influencers and youtubers. It's all hype and conspiracy, that never leads to anything meaningful ever in XRP's history as a cryptocurrency. I've been around for 4 years trading this s-coin and the narratives and riddles have always been the same bs.
Is it the beginning of the end or the end of the beginning? #7Good traders have a special talent for trading just as good musicians and good athletes have talents for their fields. Great traders are ones who are absorbed by the talent. They don't have the talent— the talent has them.
In 1637, tulips in Holland traded for 5,500 florins and then crashed to 50, a 99 percent loss. Well, you might say, "Trading was relatively new then; these people were primitive; capitalism was still in its infancy. Today we are much more sophisticated." So you go to 1929 and find a stock like Air Reduction which traded at a high of $233 and after the crash fell to $31, a decline of 87 percent. OK, you might say, "The Roaring '20s were crazy times, but now things are surely different." Move ahead to 1961 and you find a stock called Texas Instruments trading at $207. It eventually dropped to $49, a decline of 77 percent. If you think we have gotten more sophisticated in the 1980s, all you have to do is look at silver prices, which in 1980 reached a peak of $50 and subsequently fell to $5, a 90 percent decline.
I can also count you over hundreds coins from crypto. Please, check my last post on twitter. You will surprise it!
The point is that because people are the same, if you use sufficiently rigorous methods to avoid hindsight, you can test a system and see how it would have done in the past and get a fairly good idea of how that system will perform in the future. That is our edge.
My crypto trading strategy has been working well for years! Let me share it with you one more time!
1 ) Trade with BTC pair in a bull market, trade with USDT pair in a bear market. Don’t confuse it!
2 ) Less is more! Don’t use more than 4 – 5 indicators at the same time.
Trend lines, Moving Averages, RSI , Fibonacci levels and Chart patterns. Drawing lines are the most important indicators in any market.
3 ) Averaging down is the worst strategy. Averaging up is much better! You should buy coins when they’re on the way up in price, not on the way down.
4 ) Never forget 20 / 80 rule. 80 % traders lost money to 20 % to traders / investors.
5) Trend is your friend. Don’t fight with it!
6 ) Buy coins/ stocks as much as you can track easily. If you are comfortable to track 10 coins, Then You should buy max 10 coins not more!
7 ) Don’t risk more money than you could afford to lose without ruining yourself.
8) Be so picky who to follow in the market! Over 80% are people are loser. Don’t follow the crowd.
9 ) Every 50% loss began as a 10% or 20% loss.. Learn to always sell coins quickly when you have a small loss rather than waiting and hoping they’ll come back.
10) If you have a loss on a trade after a week or two, you are clearly wrong. Even when you are around breakeven, but a significant amount of time has passed, you are probably wrong mere too.
Ohhhh, You want to lose money in crypto? That's also easy!
1 ) Follow blindly crypto gurus on twitter ! Watch CNBC news ! Be the part of Pump & dumps telegram groups
2 ) Buy the coin / stock with a hype! Not knowing where to buy / sell . Not Using STOP LOSS after breaking the strong support levels
3 ) See Crypto / Stock / Forex market as an easy place to make money ! ( If you know the place to become an overnight millionaire , please let me know ASAP )
4 ) Not investing your time / energy and money into education! Hesitating to buy trading books - Join useful events - Attend paid workshop as long you see the value.
5 ) Forgetting that Cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Over 90 % coins are dead after the biggest pump in 2014.
At the beginning, Trade small because that's when you are as bad as you are ever going to be. Learn from your mistakes. Don't be misled by the day-to-day fluctuations in your equity. Focus on whether what you are doing is right, not on the random nature of any single trade's outcome.
TARGET? The charts speaks itself!
**** Just started to read " Reminiscences of a Stock Operator ", I recommend you all to read it if you guys are not reading any trading books on these days!
CAN XRP REACH 0.85$ ! Traders,
Here we have XRPUSD 1D chart.
Previously we talked about gaining +100% for this crazy coin here below and determined a critical levels which was respected well in tha past few weeks :
Now we have many clear reasons for launching a perfect rocket to the nearest moon:
1-Golden CROSS
2- Very bullish broken pennant
3-breaking the 0.236 raio for the first time for the ATH
4- Light resistance (RED DOTS)
5-Point of control (POC) for the daily all time frame at 0.85$
Finally we gonna watch an interesting rally in my humble vision and let the good green days come back...Happy Trading.
Regards,
Mohsen