Ripple to break fibonacci resistanceRipple might break above the 0.21 i the very near future. The 0.5 fibonacci retracement line has been a clear resistance in the past and we might see this as a new support.
XRPEUR trade ideas
XRP/EUR - go long, bullish movement!Good entry point from 0.16 - 0.19, we can see some bullish movement from the past few days. Price is stabile, with very low ATR.
MACD crossed the zero line from below and also MACD line crossed above the Signal line (buy signal).
Take profit: 0.23-0.25 EUR
Xrp TrendI think xrp is following this pattern. It broke resistance, but to go higher it has to break next level of resistance. If it fails and breaks down from the trend it will go lower. I am new to trading, so dont take this as advice. I published this only so i can follow the chart in the coming days.
XRP (Ripple) - Money maker in November (Expand to Japan) ?!I know a lot of people hate XRP, but I love it. Compare to other CC is actually quite stable and it`s not very volatile on day to day basis. In Novemeber, they will host more than 5 events (13.11 Singapor event, 15.11 Fintech event and the most important event: Japanese exchange GMO will add XRP/Ripple to their exchange, probably on 30.11 ).
Source:https://coin.z.com/jp/corp/about/news/press/20170913-01.html
Happy trading :)
Ripple, be prepared for the climbRipple is ready to climb
The ascending trading channel in place since july 16th has shown the ripple wants to stay in its range. Currently trading close or just above the lower channel line, broke a minor trendline yesterday,
Recommended trading action,
add to your buys,
Trading at your own risks,
XRPEUR analysisFirst post. Testing. Greetings ;)
I will give it a try:
Support found at Moving Average 50.
RSI shows upward trend.
MACD enters positive zone -> bullish trend.
Price found support at 0.17772 at 0.5 Fibonacci Retracement line.
Buy opportunity.
XRP can't go that much lower. buy around €0.165 and waitXRP is close to its bottom support line, which drawn over a longer timeframe. it should explode within the coming 1-2 months, almost time to buy.
XRPEURWedge forming
Fib time zones match price action
We might be testing resistance levels between 0.223 - 0.24 EUR several times before moving sideways followed by down- or upward movement
Ripple - three layers of supportXRP has three layers of supporting trendlines, currently good entrance point
XRPEUR - boring timesIt's boring day on crypto exchanges.
Currently we are in this 3 days long channel and nothing seems to be happening. This is our breakpoint area. If we'll get above 0.1777, we could reach 0.21-ish and probably also some higher price. There will be resistance at 0.20 on the way up.
If we'll break to the downside, we could find some support at Support 1 area, if not, other two supports are marked.
XRPEUR - parallelismXRP broke previous one month long trading channel and is looking for support. Could it be somewhere around 0.166? This is also close to 61% Fib retracement level of the last rise.
If we apply the same channel (green-ish one) bellow previous one and mirror the previous highest price reached to downward, we get interesting idea. Which will work only if we don't break 0.166 or any price level in the future on that tiny parallel line below the second channel.
Let's see what the future will bring to us.
Ripple Xrp/Eur Might hit support trend line if any significant upward move wont start now
Will be watching out for 4H and Daily candle
My bias is bullish for now
Ripple XRP EUR status update before swellbyripplehere is whats happening... lets see if she can break through those triangles and rise.
looks like the new bottom, time to enter (?)KRAKEN:XRPEUR
broke the MA200 and uptrend (arrows)
current correction represents -32%
reached important support zone (orange line)
found important Fibonacci support (transition yellow/red)
MACD started to show positive reaction (though still very light)
