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Xrpshort

$XRPUSD sees dbl bottom and parabolic upswing$XRPUSD is long overdue for a correction and we are seeing bullish divergence making an entry for a quick short position looking better with volume confirmation to follow. Trade set at neutral as it is too soon to tell for a long position could unfold. Time will tell. Stop loss is present. Trade carefully. Will update with more info later. Disclaimer This is not financial advise nor should be regarded as such. Always invest carefully and make your own decisions with your own money. Have a great weekend.
BITFINEX:XRPUSD
by a1mtarabichi
XRP - detailed elliot wave count (5/14 - 6/19) and projectionsKRAKEN:XRPUSD Let's look at this potential elliot wave count, beginning 5/14/19 thru today 6/1/19. Note the RSI bearishly diverging, setting up sizable corrections. These are some of the signals that catch my eye, prompting me to enter high probability short positions, with tight stop losses. My projected targets: This is NOT financial advice! MY KEYS FOR SUCCESS: Look to trend lines for support and resistance and WAIT FOR CONFIRMATION. When I review a chart, I start on higher time frames, and work my way down to the 5 min chart. It's VERY IMPORTANT to keep the bigger picture in mind. Always. Diagonals have proven to be very reliable signals for me. ALWAYS have a stop loss planned out, and manage your positions! Personally, I've found success starting with 1/2% to 1% stop loss with AT LEAST a 2:1 win ratio. When in an active trade, I will look for waves and patterns to adjust my stop loss to PROTECT MY PROFITS. Once in a trade, I NEVER increase my stop loss beyond 1%. When (not if) I enter a bad position, I'd rather lose 1% and re-enter in a better position than increase my loss potential. Although I play both, short positions appeal more to me than longs. I am bullish long term. Like, leave your feedback, and good luck trading!
KRAKEN:XRPUSDLong
by sucmabolsac
XRP FORMING A FALLING WEDGE? +40% OR A FAILED FORMATION?Good afternoon ladies and gents. Today I bring to you a XRP/USDT chart on Binance. On a daily chart I see a falling wedge forming? Correct me if im wrong but these bad boys break upwards, sometimes. BTC/XRP pairing is known for going against each other as one rises and pushes the other down, well, today we are not talking about BTC. Rather, XRP has been losing value on LOW volume, that tells me theres a bullish move incoming in my opinion, again, correct me if I'm wrong. A Falling wedge. The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. XRP has been quite boring in price action and its due for an impulse move to the downside or to the upside, if you were to ask me, Im longing this, set stops accordingly to your risk reward ratio liking! GG to all traders! Entry: .2950 - .3150 Target: .4107 - .4242
Long
by METMORIU
XRP "Short" Going Back To Retest Longterm - My First PostDear friend, Welcome to Bta's analysis of the day. After seeing how XRP is going and i've been winning a lot of my trades, I would like to show some insights of where XRP may be going. On the first insight I predicted imgur.com First off XRP is showing a strong resistance line around 0.3417. Breaking the trendline and going back to retest the resistance line shown in the picture. I truly believe it will go back to 0.323-0.326 for the day to retest our long term trendline. I have resistance zones, so you can put a stoplost above there to ensure less risk. Looking at the 1H Chart it has been closing under the 100 EMA, so there will be heavy resistance there. The buy volume is slowly decreasing showing that the bulls aren't as strong. I have already plotted two zones one resistance zone at 0.33800 and my support level will be around 0.326 In the short term "praying" at the end of the day we will be going back to retest 0.326 and then hopefully have a bounce from there. If you want to learn more on how I get in-depth you can follow my youtube channel at: www.youtube.com Starting next week I will be posting my trades and psychology of whats making the price go down I will explain why Bitcoin will be going down to 1200. You can also follow me on instagram - @thecryptocurrencyspot Or if you want more details, you may go to short webclass on how I made a 7-figure crypto business from scratch: thecryptocurrencyspot.com
BITFINEX:XRPUSD
by btaa123
XRP Getting Ready To Pop! But which way?Ripple’s XRP is closing the year while trading in the red following the rejection it experienced above $0.4. At press time, XRP has corrected lower 2.97% on the day after it opened the day’s trading at $0.3753. The asset is trading at $0.3641 is below the 50 SMA and the 100 SMA on the 60’ timeframe chart. Moreover, since the downward correction from the December highs, XRP has been forming a contracting triangle that is moving towards a breakout in the short-term. A correction above the moving averages will allow the buyers to attack the triangle resistance. This will place the asset on a recovery path towards the next hurdle at $0.38 and eventually $0.40. The key seller concentration zone is at $0.46; if Ripple’s XRP breaks past this it will come out of the medium term resistance and $0.5 will be quite within reach. On the flipside, a break of the triangle support will mark the beginning of more break down as the new year begins. However, the buyers will enjoy the support at $0.34 $0.30 and the primary support around $0.28.
BINANCE:XRPUSD
by Travass143
Ripple/Ethereum Confrontation indicatorIn 2018, Ripple demonstrated amazing resistance to decline. While most currencies were down all the year, Ripple managed to double its price. In addition, in 2018, market participants often focused on the fact that Ripple has a centralized foundation. If we compare the growth of Xrp/Eth and the entire market decline, we can say that Ripple, in reference to main cryptocurrencies, serves as a confidence indicator in traditional decentralized cryptocurrencies. Let's have a look at Ripple in conjunction with Ethereum and Bitcoin. The current situation on the Xrp/Eth chart demonstrates the level of 0.0039 at the top, where we still can get. Taking into consideration the inverse correlation of Eth/Usd to Xrp/Eth, and the Xrp/Eth pair striving to make a new high, the Eth/Usd pair will be testing the lower support levels, which are not many. If the recent lows are broken out and the price does not bounce from 82, then the target of decline will be the level of 65. The levels of 50, 46 and 42 will remain below. Meanwhile, the current moment is perfect for the entire oversold market to break in. Based upon the last “fading” peaks of volume and RSI divergence, it is possible that Ripple will fall against Ethereum soon. The decline will be faster if the bullish support lines are broken out ("Divider" pattern). The targets of decline are 0.31; 0.263; 0.215. In graphic form, it looks like this: The fall of Ripple against Ethereum can be accompanied by simultaneous growth of both cryptocurrencies against USD. So, you can partially shift from Ripple to Ethereum now, adding positions on Ethereum when Xrp/Eth tests 0.0035 and 0.0039. Ethereum will have the best price at this moment, and it is likely to be the lowest price recently. Since, in this case, Ethereum follows Bitcoin, the whole process described above can be accompanied by simultaneous BTC and ETH price movements, and it will probably mark the beginning of a growth cycle of the cryptocurrency market. Follow the events! Have a popcorn bucket at hand. Subscribe to our updates. We are going to inform you about relevant transactions under this review. Do not forget to give us a thumbs-up! :)
Short
by benice_trader
XRP short term outlinedHere I have outlined some possibilities I see playing out for XRP. Lets start by noticing XRP is currently falling from a hidden bearish divergence, not shown on this chart but you can find it on the 4H. The white line I have outlined is the top of a longer term falling wedge, price has broken out from this falling wedge and this is a typical retracement back down to test as support. With the last bullish move from XRP we can see 5 impulse waves were formed so now we can expect 3 correctional waves. As you can see I believe we are currently starting wave 2 with the recent wick down to the wedge (white line) followed by the bullish candles. Looking at resistance points and the past impulse waves the red box is where I will be looking to enter a short. As I mentioned, XRP is currently falling from a hidden bearish divergence on the 4H, 3 correctional waves are expected, and too also note, my trading script is also signaling short. Now I have also outlined with the green box where I will be looking for a possibility of opening a long, this is where I believe the 3rd correctional wave will end with another test of the wedge as support. I would also like to note that this green box is also placed around the .618 fib level from the first impulse cycle. For access to all of FirstClass Crypto trades sign up for your 1 week FREE TRIAL today! Contact - Telegram - @FirstclassEra Discord - FirstClassEra discord.gg
X
by FirstClassCrypto