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Xrpshort

XRP moving inside a triangle with market's uncertainty This is not trading advice. I'm not a professional trader. This is just my idea. What I have done? Started shorting at 8700. I am going to SHORT all the way up to 9400, strengthening my position. And here is why: Fundamentals analysis: why should anyone enter on the cryptocurrency space? Freedom is the answer. Censorship resistance is the main characteristic shared by decentralized currencies, like Bitcoin and Nano. The most valuable lesson learned in all history is that "decentralization is necessary to security". When centralized systems (like Ripple, Stellar) rule the world, be careful. They are here to centralize power on a few hands and this is very dangerous. They will get your money and destroy the cryptocurrency space, if it is necessary to increase their wealth. Meanwhile decentralized currencies (like Bitcoin and Nano) are here to decentralize power and money. XRP can reverse your transaction (could you believe in Bitcoin if it were possible to just one authority to change a bitcoin transaction?). They can print 60 billion XRP executing a single line on their centralized database. Why would you put your money and your trust in a system created by banks and created for banks? Bitcoin is king. Always remember that: if bitcoin drops, XRP will drop even further. Be prepared to short. If bitcoin booms with a giant green dildo, XRP will drop too. Be prepared to short anyway. Technical analysis: 2- XRP had quite 200% gains in just four days. Do you know what does it mean? A LOT of people will be taking profits and shorting at the first opportunity they have. If you trust on centralized systems like Ripple, don't FOMO and don't be scared to miss the train, do not buy now... you can buy on retrace. Or you can buy on the 9400 breakout. Wait for the best scenario to act. Don't act emotionally, just rationally. The main short-term trend now is bearish whilst XRP is below 9400. Be on the right side on the right moment. 3- Volume is getting lower and lower, this shows market is not ready to be super mega crazy bullish, everyone is being cautious and taking profits (reasoning is necessary to get better at trading). 4- On the logarithmic scale, XRP showed your upwards path, going from 4300ish~5000ish. This will act as the strongest support line for its upward trend. Anytime the market can decide to throw Ripple back to this trend line, be prepared to it. It is going to happen at least one more time. The lowest red line shows it. Every parabolic move has an end, and then returns to the normal trend line. 5- Obviously XRP can go upwards to 8900~9000, touching the resistance line on the chart. Be prepared to short on this area. If 9000 gets broken with strong volume, just wait to short with high volumes between 9200~9300ish (greatest risk-reward). Just put a stop-loss above 9400 and everything is going to be fine. 9400 is the strongest resistance, be cautious. If it breaks 9400 with high volume, I would turn my mind into bullish and then would LONG. 6- You can see XRP moving inside triangles. It is easy to say you must be LONG right above the support line of the biggest triangle (with stop-loss below it) and you must be SHORT close to the resistance lines of all the triangles, or if it breakdowns support trend lines. 7- Remember, you will just change your mind if price goes above 9400. I will easily LONG with leverage, no problem. No, it will not go upwards forever, it will just face a strong resistance at 10k. And then you can take profits all the way up to 9450~9979. You're gonna win this trade anyway! 8- Don't be too greedy! If you are getting profits, just GET THE PROFITS! Don't wait forever... If I am shorting from 8700, obviously I will take some profits between 8400~8500. As I suppose this price can act shortly as support line (on the small triangles). But I will take the most profits close to the 8058 fibonnaci level. 9- Let me know what you think.
Short
by FilipeMarch
XRP weeklyObservation:  - The RSI (4 hrly) is currently well above the EMA\MA 20 - MACD is in neutral zone  - Important resistance levels:  $0.62, $068 and $0.79 - Important support levels:  $0.52 and $0.58  - 6 hrly chart, healthy pullback (over the weekend) - very high volume in buys and sells - Volume selloff lower, over the weekend  - have green candles to create momentum for more highs Summary:  All positive signs indicating more upside movement to come towards $0.62 and $0.68.  Crazy to forecast how the market will do. Important to note, there is a looming chance that the big players can cash in (dump) because the likely chance they won't get this opportunity that often. ** Note **   Please like and\or provide comment on the format and your observations as I don't want to spend too much time writing.  I want to be able to deliver quick points while using the charts to explain without much wording.  Reference:  Yellow dotted to show support levels  Red dotted to show resistance levels  Hard lines to show major resistance or support levels or zones.
BITFINEX:XRPUSDShort
by ssari
XRP. I do not believe in the global long!Now in the market there is a rollback after a long-running down trend. But are there any facts that can show us that further will be a strong upward movement? Especially, Ripple is relatively weak with respect to other coins. I see a good opportunity to get into shorts at 0.54-0.55 $ with global targets of $ 0.37 and $ 0.29. The previous idea of "trouble for investors XRP part 2" has not worked out yet. But my targets have not changed and there is a big chance to see them.
BITFINEX:XRPUSDShort
by P_S_trade
Juicy shortOn the background of a BTC in the side, there is a high probability that the XRP will not hold the level of 0.47-049, which, apparently, has gathered many stops of buyers. On horizontal volumes it is clear that there are no special liquid zones along the way to 0.24-0.25, but two trend lines are crossed at a price of 0.32-0.34. It's a good trade if you close it with a stock even at such prices. However, now the entry level is dangerous. Or wait for a rollback of 0.51, which may not be, or wait for a breakdown of 0.47-0.49 and with a short stop to enter the market
Short
by P_S_trade
XRP/USD- Accumulation or Crashing Pattern?Hi Guys, Thank you for tuning into my analysis. BITFINEX:XRPUSD As you can see on the larger time frame, BITFINEX:XRPUSD is mimicking the trend of BTC/USD. However, a more significant lower high and lower low can be spotted in BITFINEX:XRPUSD then in BTC. The green box could signify an accumulation zone provided that BITFINEX:XRPUSD doesn't break down the $0.55 region. Notice that the $0.55 also constitute my 88% fib level. This shows that the $0.55 level is a significant strong support. A false break down of the $0.55 could eventually occur but the bulls must manage to bring the price back to $0.55. Otherwise, $0.33 will be met. I suggest downward cost averaging would be the best idea for this coin. Expect to hold until end of 2018. Thanks. CK
BITFINEX:XRPUSD
by UnknownUnicorn1629946
XRP, double top? Read to all!Often I notice that altkoins work more technically and ahead of schedule. XRP showed signals for a breakdown of resistance and entry into the zone of imbalance above 0.70, but the market leader began to move down. XRP draws a classic figure: a double top, but it is not yet formed, we are in the decision zone and everything depends on the BTC. But I completely closed my position and look forward to a new opportunity to enter the market. We see a bearish divergence of OPEN INTEREST RSI showed a divergence to a short position and a divergence on a larger timeframe for the purchase, but more I trust the OPEN INTEREST, the better the support of the RSI became resistance Volumes are falling We are in the decision-making zone for BTC and XRP, and throughout the market as a whole, but it's worth noting that altcoins are moving the market more technically, due to smaller volumes The review will be continually supplemented, follow the news and put it live) OPEN INTEREST v2 is already available, write to private messages All Profits of FVB TEAM
KRAKEN:XRPUSDShort
by fvb
2
XRPUSD (Ripple) 4hr tf analysisPrice swing from ~$1.08 (March 5,2018) to ~$0.55 on March 18, 2018 has been identified in this analysis as a minor wave 3. Minute wave ((y)) is currently on and its termination marks the end of minor wave 4. Minor wave 4 is shaping up so far as a zigzag (5-3-5) Elliott wave structure.A 38.2% retracement to 50% retracement (i.e. ~$0.75 and ~$0.82 respectively) of minor wave 3 is expected to offer resistance and terminate minor wave 4. Projections for minute wave ((y)) include 100% wave ((w)), and 161.8% wave ((w)). These termination points are $0.73 and $0.83 respectively, and therefore increase the chances of XRPUSD terminating between 38.2% retracement to 50% retracement. P.S. The use of "price swing" is used to indicate the direction of the trend (i.e. bearish in this case). Price swing is not imply an actionary or reactionary wave.
BITFINEX:XRPUSD
by Coin_Analyst
Ripple ,the new king is back XRR/BTC (just kidding)Ripple is showing simmilair fractal pattern as it did 8 months ago. People are buying the hype because they think it has potential to grow more than 10-20x eventhough that would put it way above Bitcoin total market capitalization. I used to be the same and I used to have huge position in XRP hoping it will jump very hard eventhough it was just as unrealistic then as it is now. Back then I didn't understand bull / bear cycles and it was hard for me to say that the coin is showing bearish signs. Right now, we can see that XRP honored the golden 61.8% retracement and bounced back from it, eventhough each of its bounce back made lower high. We can see that the volume is decreasing as the buyers are slowly fading away and letting this coin retrace to sub 5k satoshi area into our buying zone. Both EMA's and Ichimoku Clouds are also showing bearish signals so I think Ripple is going to have a very long and slow fall. Enjoy your day, bizi
Short
by bizi
8
Ripple awaiting judgment. XRP/BTCRipple has created bearish channel,. Overlaid Daily support and resistance levels+ Fibonacci+Gann Fan, drawing future projections on price-points, where have to play attention. Now price staing at 38% Fibo+Daily Pivot (was tested, and refused). Next 2 Support is surrounded 50% Fibo, and 50% level its serious area for break or reflect and back to Bullish trend. * 3/1 Gann line+38%Fibo+Daily Pivot- 3/1 become resistance. * 2/1 is next weak support line. if 50% will be breaked, 2/1 is next destinations,. *Pink middle channel line, now its support, and will be tested ASAP. After December rally of XRP, very hard to find good Bull trend line from pass. So all what can do its rely on Fibo+Gann+Daily Supp and Resist.
Short
by GeorgeVeritas