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Xrpshort

HOT! Ripple! Update 06.11.2019Hello friends! Our past trading idea for XRPUSD is relevant. We are waiting for the completion of the initial wedge model, local correction and the continuation of the fast recovery cycle of the XRPUSD price after long correction. The mid-term goal is at the level of 1 USD (on a logarithmic scale). The long-term goal is at the level of 25 USD and higher (on a logarithmic scale). Subscribe to our TradingView page and stay tuned for analytics from our team. Thanks for watching, subscribing, commenting and likings. Good luck to all!
BITFINEX:XRPUSDLong
by UnknownUnicorn3511625
7
1-5 Movement pattern before a price increase Building up from my first idea, the last segment of March 2017 and now are in the same 1,2,3 pattern. However, the time frame is not going to be identical or as precise as the opening 1-5 movement. Again, I am not saying and am not in a position to say that XRP can or can't hit $100. Realistically it won't.... and in this market the volatility can bring any form of chaos. The fact of the matter is that we are dangerously precise in rolling out historic patterns. Cheerios, What it be baby!! I stand by $.30-$.60 by (end of November). Not financial advice, just an idea.
Short
by whatitbebaby
xrp/btc Long or Short it will be big Im neutral on xrp now and long over all but it does look like its having a hard time gathering power to push through key resistance and stay above key support , if xrp breaks out then we could see multiple dollars, if xrp falls then it could be a big fall, I have marked the lowest I believe we could go and as far as if xrp runs I do not have anything better than a guess anywhere between 1$ and 3$ and that would be before EOY. xrp has been in a downward trend for a long time and has not really come out of it yet, there are signs that it is trying. These support and resistance levels are all you have to watch, I would not put an order in for long or short yet. www.tradingview.com
by MrDunn
2
SETUP The Sell #HOKCapitalThe average amount of value being transferred over the XRP network has shot up this week, in part due to a large transfer from Ripple to its co-founder Jed McCaleb, who is no longer with the company. According to Coin Metrics, the average value transfer over the XRP network last week rose to $143 million, up 63% on the previous week. This suggests that more people are using the cryptocurrency, perhaps through the use of Ripple’s xRapid platform—that only uses XRP—which launched in October, last year. At the same time, the total amount of daily fees averaged—over the week—$189. That’s $1.32 for every million dollars moved. Ripple moves $26.3 million XRP to co-founder Jed McCaleb One of the reasons behind the increase in transaction volume was Ripple’s payment of $26.3 million to McCaleb. After McCaleb left Ripple, he signed an agreement limiting the amount of XRP he was allowed to sell, and Ripple took charge of a large amount of the coins. This recent transfer was to provide him with more of his XRP that he is able to sell on the open market, up to 750 million XRP ($195 million) per year. However, the single transaction only accounts for 2.6% of the increase in weekly volume, suggesting that something else is pushing it up.
BITSTAMP:XRPUSDShort
by jdroyalty
XRP Is Useless, But It Will Make You Money SoonShort term bearish look on XRP, not convinced we see a pop out of here as buyers just don't have the price they want yet as the trend lines show no 'big' reaction from buyers as volume is still just lying there. Where are the buyers? I believe the Buyers are lined up at .26 cents for the drop and completion of wave 5. This would ultimately be a no-brainer for a long position as this is the ideal spot in regards to risk/reward ratio setup. This is where I would have my bids placed, right at the 161.8 for an instant reaction from buyers. This is not financial advise, good luck everyone.
BITSTAMP:XRPUSDShort
by thejdela
XRP, A 'Buy' at .26 - .27 centsLots of signs of a coming reversal for XRP, but it might be probable to think there would be one more sell off before price really starts to turn. I personally think we will see XRP at .70 cents, but I'm not risking a buy in here as there are no clear signs of a 'bottom' yet and still see that bearish divergence playing out some more. I am waiting for regular bullish divergence on the daily time frame to hop in for a long position. And a drop to .27 cents would likely print this bullish divergence. We already have hidden bullish divergence printing, but a drop would invalidate it and then hopefully give us regular bullish divergence for a 5 wave completion and then an ABC or WXY out of there for a bullish reversal. Volume agrees with this as sellers are losing interest in selling anymore - this is a big key indicator for me to notice bearishness dying off, as a reversal will happen soon as people accumulate. Now we wait for buyers to get that price they want to engulf remaining supply and start an uptrend. We have retraced quite a bit already, so it's not a bad idea to cost average buys in - you can't get the bottom perfect every time. Let me know why I am wrong, I would like to hear your guy's thoughts as that will help me look at it differently. Consider giving me a follow! Send me a chart request to do. Stay safe out there, wait for low risk / high reward entries. I am not a financial adviser, I post this for personal use and don't recommend anyone use me as a buy or sell signal.
BITSTAMP:XRPUSDShort
by thejdela