clearly breaking out cup and handle formation
Good morning traders, Ripple is currently primed and ready to go, assuming BTC has bottomed out we can expect range trading. I'm expecting some serious Ripple growth over the coming days. Key Notes: 1) If BTC continues to breakdown, we should see $0.41-0.42 cent ripple. 2) If BTC established a range trading area, I'm expecting ripple to make its way back up...
200-days EMA and 61.8 % Fibonacci level denote a strong support zone for the XRPBTC price. The lowest support at 0.000085 was tested twice and withstood, showing high volumes. The crucial level for the beginning of the bullish scenario will play psychological level 0.0001; if the price stays above this level, then we could consider upward movement with next...
XRPUSD Trending Lower Swing Down Color Red Number 5
- Currently flirting with the support at 0.78. - Soon we'll go through the critical green circle. - The triangle could also turn into a bearish Cypher Pattern falling through next support and uptrend main support line. Especially, if BTC falls to 5-6k range. Then, be prepared to downfall to 0.38 - 0.42 range. Thanks as always for the reviews, comments,...
Possible reversal at 1.1, 0.85, or 0.6.
Short-term dip and reversal somewhere between 0.8 and 0.6
Used fib extension to identify next steps on the wave (fib 1.27). And as always, keep an eye on the Queen (or king?) BTC!
Wave C needs more time. Bad for HODLers, still good for traders.
The price reached SMA100 which is a strong support line. RSI is in the oversold zone and it will give us a good confirmation of the price reversal. MACD and DMI still confirm downward movement and we should wait for additional bullish signals. It's better to start opening trades for buy when the price breaks the downtrend line. It will be a signal that the...
Hello, So It seems like the bullish cycle is over. The daily MACD is bearish, the coral trend indicator is bearish and volume is decreasing. This cycle looks exactly like the previous bearish cycle and based on that we can tell that a downtrend for the next couple of month is a really high possibility. Here is my previous ripple analysis. Good luck, DCFreak
XRP bounce off from the support line from last month and Dec 2017. the trendline had turn to resistance require to break to confirm an uptrend reversal. The red zigzag line represent bitcoin/USD index that totally in sync with XRP chart.
By crossing the 1.35 level, Ripple dismisses beginnings of an upward movement. The 1.00 - 1.35 zone technically looks like a strong support zone; rising volumes confirm this statement. There are two scenarios for me: Buy if the price crosses 1.35 upward and renew uptrend Sell if the price goes below the 1.0 level.
XRP currently lying on the uptrend line from Dec 2017. It may bounce off from the trendline. The whole crypto market currently move in syn.
1st Solid We will moving in triangle and then break out with new uptrend. After we will fixed above resistance level (red line) we will go to the new fibonacci level (green line) 2nd Dotted We continue bearish trend to support levels (red dotted) and then we will turn to uptrend. As for me possibility to scenarios 50/50. I`m stay believer in Ripple and...
Ripple #XRP is a strong coin that will come back to his all times high mid of 2018. HODL!