If you look at this post and my previous post, you will see the strong correlation in between these two cryptocurrencies. I know that the hole market haves a correlation, even though that correlation did decrease, XLM and XRP seem to always move in the same direction. Knowing XLM is 1/3 the price of a XRP could be a smart investment. Now this is obvioulsy not a...
I am expecting us to stay at the 0,313 level for a couple hours maybe 2 or 5, be fore we rally back up to our 0,315 / 0,219 trading level. I bought a big position at 0,31300 , and have more USD in case we see a manipulative spike down. The market might be very slow and boring recently, how ever it is making the trading very easy, make the most of every...
If you look at my previous two post you will see every target is met with precision. I do this for fun, with full trandparency, hope you enjoy it. So once again, I sold 80 % at the previous target and now I bought back in at the very dip, I will wait and see: if we break down I am expecting the 0,31400 target to be met. if we stay in the triangle we will surely...
We are now testing the trendline as expected, if we breack out the next target will be 0.32200 USD. Of course these targets depend on your exchange, I am using kraken for your information. We don't breack out we still have our bottom trend line as a support.
Expecting a rise the 0.318 USD, a opportunity for a small profit. However I see this as a risky position so I am not putting a big amount on this.
There is not much news coming out on ripple right now, and the market is very slow, with very low volatility. However the general feeling is mostly bearish, in order to see a bull run we need to sustain over the 0.40 USD region. How ever in the short term, we can see the 8EMA is acting as a support and it just crossed over with the 18MA, which predicts a upwards...
New trading strategy: 1. Find an asset in which you believe, an asset you believe in the long term will 10x or 100x, do the research properly. Try to have a big portfolio for the trading of this asset ( the money you are willing to invest and the money you are willing to trade) 2. Do your fundamental and technical analysis. 3. Start your trading using the...
We recently broke out of the down trend line and tested the 0.3226 zone, and then we tested the 0.31825 support line. I am expecting the support line to hold up and the price to climb to the 0.32260 resistance and even 0.32600. From now on, this is speculation, but I think in the near future XRP will fall to 0.2750 and maybe even 0.1500, from there on, I believe...
We need to break out of this dangerous trend line... However stay emotionless and look at the chart, I believe that the break out will come soon in the next couple hours, or minutes. To the expected region. However in the long-short term I see Ripple diving to the 0.25 USD region, to the august 2018 low, I actually also believe 0.15 USD is a easy target so reach...
Hey again, So my the yesterday break out upwards quickly reversed into a down wards trend, where we re-hit out previous support, so I qm expecting q quick shot up back to the stagnation zoner if I may say so. We have been fluctuating within this zone for a while, so it seems logical that we will quickly see this zone met once again. There is still potential for...
We broke out of the symmetrical triangle, and now testing as a support, I see this a short opportunity for some profits, I already bought in at 0.311 as I mentioned previously. I will show every step of this trade so there is full transparency. If I am wrong you will see it for yourself and vice versa. I believe our next target is 0.321 based on the 200 EMA...
Looks like XRP is coming to the end of the triangle and we will soon see what if it goes up or down, I bought in at 0.311 USD, so I am hoping a shot up to the 0.325 USD so I can take profits, before another downfall to the same region. The market has been very calm and repetitive recently so good for trading, however not very excitting... Good trading every...
By looking at the previous pattern we do see a repetition that is beginning to unravel itself, do we go down the same road, I believe we could easily see a new low of 1900 USD . Furthermore should we breack out of the triangle and up wards, we could easily see XBT returning to it's previous support at 6000 USD . However I believe that XBT still haves room to...
Using the fibonacci, and the support lines, we can see a clear trend and a strong resistance that I believe will not be broke and after that we do have some ways to fall. So we could very well see a couple test of the 0.331 resistance before a a free fall to our next support, which I believe is in the 0.321/0.3215 region. How ever should we break threw...