XRPEUR
$XRP is "The Standart," Now Buy It!This one will be a lazy description, you see the chart, you know the trend, you know what to do.
The time is comming...XRP/EUR Daily chart.
Last 7 Days change +8,48
Today's change +5,35
Price needs to brake out of this descending triangle to the upper side if we would like to see continuation, as we see we allready had two touches of our strong support level at 0,25 which is there from December last year. Positive looking on this pair. Few more zones on the chart just for orientation.
Let me know what is your opinion on this pair, post the chart belowe in the coments.
Boom to BustUnfortunately, with the current demand for Ripple related products, such as xrapid, xcurrent etc it's just not enough to support the price at these levels. $13 Billion market cap for a company that does daily remittances of max $1 Million for Euro-exim, sendfriend, moneygram etc is simply abysmal numbers and cannot possibly support the price at $0.30 for much longer. If you were to give XRP a fair value for the actual daily remittances it handles you'd be hard pressed to say it's even worth $0.10 at this stage. Absolutely pathetic hype coin that is circle-jerked by fanboys in a giant twitter echo-chamber. These people are insane, and they illustrate why group-think is such a toxic and dangerous force. The most worrying aspect about this community is the fact that the emotional and psychological trauma induced by financial ruin only seems to make their dogma and fanaticism even more extreme. The fact that the CTO dumped $2 million of his XRP holdings days before a massive dump in the market is all you need to know as to why Ripple and XRP are complete failures. If the CTO of Amazon dumped $2M of AMZ shares investors would be furious.
Ripples inability to scale is due to the fact that their infrastructure is juvenile at best and relies on dozens of dodgy exchanges with terrible security and no insurance. People honestly think that central and commercial banks are going to suddenly pump trillions of dollars into half-baked cash exchanges with no transparency whatsoever? You think this coin is going to go from $0.30 to $589 due to some vague quasi-anonymous report by some half-wit known as Shane Ellis? Do yourselves a favour and look at a total crypto-market cap chart, and tell me how that thing is suddenly going to go vertical +38000% from here? It's not going to happen. People honestly think that XRP is decoupling from BTC. The way I see it is that so many people have been scammed into thinking that it's going to be the worlds global bridge currency that they've been supporting the price at much higher levels than the rest of the alt-coins. XRP never got a chance to fully tank and bottom out, like all the other cryptos did, because so many people have had such unrealistic and wild expectations for an imminent price increase. Now that those expectations are being continually eroded, XRP will finally get the major sell-off that it needs in order for investors to rebalance their understanding and expectations of Ripple and XRP. Ripple can return to being a sub-par slow inefficient company constrained by government regulation and monopolies, and investors can finally move on with their lives.
Will Crypto replace Money?Drop into our red support zone then an explosion into our green resistance zone.
Simple setup that is coming into play with a lovely clean chart... this is all you need, no need to over complicate things at all.
Do you think crypto will replace physical money in the future?
And what is your chosen Crypto?
XRP will be green in the coming weeks. Target 0.50-0.80Previously we gained more than 150% after seeing a switch like this (see chart for info).
We should see some nice gains in the coming weeks.
This time XRP is more oversold though, which could make it's move even more explosive.
Double the Satoshis with XRP?This idea is now getting very difficult to ignore. Plenty of confluences, but here are a few for your consideration. Now XRP is at about 6700 satoshis, then 6600, then 6500, then where? You can only go so far XRP. That's it! Count me in. First target = 8250sats, second 13400sats = ~ x2 from here, third = will provide with the next update. Aside of these bullish indicators all over this place(and other places around the world), lets see what else the sleeping giant can do. Will it show up? I am very confident, yes.
Will update again and have a great trading day!
Next bull run 8-75€ for XRP. The next bull run will bring the XRP price to 8-75€.
The coming weeks are very important, as we are currently just above the yellow trend line and about to close the big wedge.
We are trading in tight price range and might break out soon.
See that chart for more info.
XRPEUR BUY TP_0.3007_7.40%_0.0207pips_SL_0.2653_5.22%_0.0146pipsXRPEUR BUY TP_0.3007_7.40%_0.0207pips_SL_0.2653_5.22%_0.0146pips
Uptrend coming for XRP? Higher lows seem to be established.Uptrend coming for XRP? Higher lows seem to be established.
XRPEverybody is waiting for XRO to break out of the giant triangle but It already has in XRPvsEURO!
Any thoughts?
I hope by April to make a MAJOR move.
Stay strong, HODL and nothing but the best :)
XRPEURHi all,
This is just a quick update on XRPEUR.
What an amazing previous 1h candle! Good volume, no upper or lower shadow and most important: green!
XRPEUR pair seems to have created a double bottom with the low around 15 december 2018. Thereby it exited from the falling wedge and made its way back into the big green triangle. If price does not make a sudden and unexpected U-turn (or BTC does something weird), I would expect it to test the upper descending green trendline (red box) in the near future.
----------------------
Comments are welcome.
Please like & follow for more TA.
DISCLAIMER:
This is neither a trading nor a financial advice.
You are responsible for your own actions so do your own research.
XRP Again 30% Move !!XRP Next Wave is Ready From Green area to BUY Ripple.
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
XRP on track for 0.51. Head aXRP on track for 0.51. Long.
I will be selling a portion once the head is finished, buying back at -5/-10%.
XRP - crucial supportif this continues to hold maybe xrp could make a move on its own in this bear market
Long on XRP - Oversold on daily chart - expected return 90%Oversold RSI on the daily chart indicates a good rize within 1-3 weeks.
Long on XRP for a potential profit of approximately 90%.
Target price: 0.51 euro
The Elliott road to $ 589We left the green and remain in violet territory.
If we are in final major correction wave C (orange) the next bottom is around $ 0.16 (+/- $ 0.05), which will be reached around march to june 2019: see blue circle. As Bitcoins has its flaws it could possibly drag XRP down that far and beyond, as well.
The next major cycle can start afterwards which will likely be upwards regarding fundamental XRP data, see XRP Community . The violet wave gives an idea and is not meant as accurate, of course.
The green, yellow and red ellipses show the target range of $ 589 within the given channels. I suspect that even if XRP is able to assert itself, breaking through this mark, if at all, clearly tends towards the red ellipse.
Opinions?
