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Xrpweekly

XRP/USD - Weekly Chart Trend Reversal Finally - LongWait for the weekly to close on Sept 15th, 2019 and if we get a white MACD like we are seeing here and an upwards pointing Stoch RSI it will most likely spell a trend reversal for XRP to upward of the 37 cent range. Also, the RSI is starting to bounce at the same point we did last year as highlighted. Though 37 cents is nothing compared to what it was before it is still a 40% gain on a long from 26 cents and worth the risk to reward ratio on a trade setup. I personally believe XRP's bottom is in pending Bitcoin plunging, which could pull the market with it. For HODL'ers it could be a great time to accumulate and continue cost averaging. I also linked two other ideas below that I highly recommend checking out. Wait for confirmation. Cheers. Any thoughts?
BITSTAMP:XRPUSDLong
by CaptainCanuck
4
XRP. After the test 0.28 I'm expecting a rebound.This idea is a continuation of my series of XRP ideas. In the previous idea I cried about the end of attempts by buyers to turn the price and the beginning of the formation of a new wave of the fall. The price has reached my first target. Now, if sellers can fix below $ 0.315 on a big timeframe, I expect a test of $ 0.28, after which I expect a rebound. During the rebound, it will be clear to me whether the global correction that began on September 22 is over, or whether it is a rollback, after which the fall can continue. At the moment, the volume on this coin is not large and I do not see the large activity of buyers in this price zone to buy this coin: Therefore, the probability of continuation of the fall is up to $ 0.28. In the wave analysis, two levels coincide at that price. Wave c=1.618*a On a smaller timeframe, the current momentum of November 28 at a price of $ 0.28 equals 0.618 * on a pulse from November 18th: If to analyze horizontal volumes, then in the price zone 0.27-0.28 $ there is a good liquidity, from which a real rebound. If you look at a pair of XRPBTC then the price actually reached the bottom of the trend line: Therefore, at a price of $ 0.28, I expect a rebound.
BITFINEX:XRPUSD
by P_S_trade
1
XRP. 20% increase or 20% fall?After the buyers began to break the wedge up September 18, the volume significantly increased. And now it does not matter what was the reason for this growth, since after the growth began a normal correction, rather than a sharp fall, which often happens after a sharp and rapid growth, especially in the bear market. Buyers for the first time broke an important level of $ 0.46, which in the past three times stopped the fall: But during the correction, buyers could not keep this level. After the sellers cured $ 0.378, the growth started again, after which the correction is not as sharp as in the previous case: But while the price is under $ 0.46, as long as the price is not fixed above this level, I will not buy this coin. If we assume that the first wave of growth began on August 14, then the 3rd wave, which ended on September 21, was very strong, it is 4 times greater than the first wave: Therefore, I assume that the 5 wave may not update the maximum and will end at a price of 0.585 (0.618 from wave 3). The only question is whether the correction has already ended and the 5th wave is formed right now, will there be another one of $ 0.38. If buyers try $ and get fixed at this price, I'm expecting $ 0.585. But if sellers can break through to $ 0.44 (from this level the price is secondarily reflected: then the correction will continue and I'll wait $ 0.38 to buy this coin again.
BITFINEX:XRPUSDLong
by P_S_trade