Ripple is trading again in a slightly bullish trade channel just like was described in my porst from nov 28th. That signal triggered the major bull run which made ripple explode to the upside from 0.17eur/dollar to 0.70 approx.
in the wake of that event we can exepct a similar situation in the next few weeks. Ripple could reach 1.5 tot 2.8 Dollar range.
To me this looks like a textbook version of a pennant and XRP is getting ready for a new break out.
Japanese banks are using Ripple, I'm actually surprised it didn't rocket yet.
Or am I missing something?
Ripple breaks new highs as expected in our forecast of november 16th "Ripple, be prepared for the climb"
I hope many of you are already positionned in Ripple, it is still not too late, Ripple is still undervalued and we expect the price to rise up to 0.35 dollar or even 0.7 dollar by the end of 2017. (outside the bullish trading channel as a breakout would...
American Express, Santander team up with Ripple for cross-border payments via blockchain.
Payments made by American Express' business customers on its FXIP platform will now be routed through Ripple's enterprise blockchain network
The blockchain project will initially allow customers in the U.S. to make instant, traceable cross-border payments...
Ripple 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,
XRP Ripple has a new opportunity on the market for today as new funds from USA and UK are about to enter the cryptocurrencies market and you can take the advantage of generating profits.
All you need is to buy ripple but wait few hours for the correction to enter the market.
As you can see in the graph I added few indicators like regression lines...
Just zooming in here for a 1hour candle view to acompany my previous 4H chart.
We can see the pressure is on for a break out in a direction. Mixed feelings on direction from just this chart but I would lean on Long due to my other chart.
However we should wait for a volume spike to show the direction. Remeber wait for the candle to close.
Ripple build the next cup. We dont know if we hit the 41k correctly.
Plz sell the half at 23-24k and reentry your money in the first panic sell wave.
-After the rise we will fall down to the 78,6 retracement of the complete rise. This takes 10-12 Days to minimum. Here we can go short.
I update the idea every day if anything will happened.
Conventional wisdom suggests that BTC is about to make new highs, see the altcoins doom before it, and hear the lamentation of their bagholders. Just as it has always done in the past.
I am not going to argue that this will not happen - on the contrary - I believe that this altcoin boom will see a major correction, leading to much panic (and wonderful buying...
ESS (Early Stage Surge) is a phenomenon found within mass interest in an early investment stage. Low level accumulation occurs over a period of time, with large movements of wealth distribution before enter a parabolic stage from mainstream interest.
If the bank investment is real scale then price accumulation could push the valuation above 0.001, only if the...