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XRP / Ethereum

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XRPETH trade ideas

XRP/ETH this weekend trendI'd like someone to comment on te blatant mistake I could have made for this chart. I am not coming from a financial background and I'm mostly testing if I'm finding the correct patterns, or wheter I overlooked very basic indicators. In this chart I think to see an impulse wave 4-5 after this bullish flag and then a following correction if the macd won't cross again before 24H. I see less probable a very long flag or a correction much below .00108k in the short term.
by HellordM
XRPETH Technical Analysis - Is Ripple Cripple?!XRP has been in a down trend since the 4th of January. Can Ripple recover and continue it’s meteoric rise or will it collapse and leave nothing but a pile of destruction in it’s wake? Only time will tell. Let’s look at what is going on right now at this moment. On the 4 hr, price is at a double bottom and trend line. We are at the 50% mark in the channel which is also lending it’s bit of support. We have a 200 day EMA which is above the 100 day EMA showing further bear momentum may be expected. Price is still trading way below. EMA’s have been acting as a resistance point since 1/11. Volume is very weak right now. We have both strong support at this price and strong resistance not too far away. Given all this information, I am waiting on the sidelines for the market to show me it’s next hand. Trade at your own risk. There might be some short term trade opportunities on the 5 min, 15 min time frames but I am a long term trader and look to enter positions that will last days, weeks, and even months, so I analyze for the longer term. Godspeed my fellow traders and market enthusiasts.
by BillyNare
Long position on XRPETH with more upward potential than downwardI have long position on XRPETH. I believe it has huge potential upwards with limited downwards potential . If it breaks the black line, it will have some upward movement. When it breaks the top dark green line, sky is the limit. I am on #HODL on this for atleast 6 months. This is my own views. Please do not consider this as your basis for investment. I am just using this for my own self purpose and for learning purpose.
Long
by Nilanjon
XRP/ETH 4h prediction for next 4 daysXRP/ETH Successful bounce from support zone on 0.0011 level Currently almost entering Ichimoku Cloud - If we end a candle inside the cloud, there's a chance for cross-cloud movement to 0.002+ level - If we don't enter the cloud, we'll have to retest either 0.00135 support zone and try to enter the cloud again, or there will be retest of 0.0011 level and attempt to break the cloud later when it's thinner Due to the fact that OBV didn't cross over 50 level, and decline of volume, I'm more inclined to the possibility of retesting either 0.00135 or 0.0011
Short
by BleakHumor
6
XRP Thoughts Hey guys. I'm not too well versed in price prediction or drawing elliot waves or triangles and what not. But I don't see XRP breaking out until it begins to get closer to 1.70, 1.60.. How I read it, we're still looking at a down trend for the next day or so. Evening out around two days from now. This is more of a "how the public feels about XRP" more than a technical analysis. That and because of how volatile XRP has been with these wild breakouts, everyone wants to wait for that juicy low spot again. And to add salt to the wound, there are still exchange sites either not taking in new users or suffering from over-saturation of users trying to get in on the market. Kraken was down for 2 days, Binance started taking new users again, but I've had friends still struggling to register. I do feel when it does breakout, it should surpass 2.80 and reach 3.50, 3.80. I don't believe the reaching 5.00 hype at the moment. I think 4.00 is more realistic. If news were to come out again, for sure it would blast off. But i'm not aware of anything yet. Happy trading!
by C-Stax