My applause to every Ripple investor who has endured the recent Wave 2 correction. We are now in position for what looks like a Wave 3 impulse which will set a new all time high for Ripple. Many traders would claim that they earn more by day-trading other currencies. I told them this, "Sure, you can choose to lose sleep doing that and risk losing 90% of your...
Xrp is Going to Blast soon. It is on support line. And facing a resisting trendline. Once it breaks we are gonna see a blast. Possible targets are Mentioned by the red lines.
Have a good day.
This one is a little harder to TA, due to what appears to be heavy price manipulation. However it shouldn't drop lower than where it appears to have bounced in the past few days, about 5400sats. This level resembles previous accumulation levels, which should be a trusty level of support, DMI and RSI show it should be a firm reversal. There is only 1000 BTC between...
I sketched this idea based on historic levels of resistance and support using fib levels. I find for alt coins the "wallstreet cheat sheet" (see link below or google it) seems to be an excellent way to judge market sentiment and investor psychology if you can match up similar shapes as the market follows a cycle. On this chart... I have included 3 notes...
The price came back above 0.1850 support level and broke the downtrend line. It's a signal that probably we'll see a new upward movement. We must be ready to join the main up trend.
Recently I posted my XRP trade idea. After further chart analysis I've decided that my last prediction was wrong and I now need to update. Here's my updated idea that's going to make us all Rich ;)
I'm grabbing entries off the .786 as I expect Ripple to break out of of this consolidation period and go into a ascending triangle. I will sell my position once price hits the previous resistance. Once price breaks out of the ascending triangle I will make another entry and my target is at 0.000375
