Hello Traders! We are going to take Long position. Soon we can see the retest of 3.40000. Best regards, team traders "Powerful Traders"
06-01-2018 Technical Analysis (Support levels & price targets) XRP/USD PAST WEEK Ripple has had an amazing past week, having a bullish run from $1.879 & peaking at $3.30! (75% increase in a mere 5 days). However having retraced about 30% from the peak of $3.30. It is still seemingly managing to hold steady at $2.50 (just below the 0.5 fib retracement level)...
Risk: Low/ Medium Please be advised that this is only an idea, so you are responsible for any losses yourself. Dear followers, First of all, many thanks for following and liking my ideas. I just started posting since this month and and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach...
With Bitcoin breaking out I see two outcomes. Either XRP maintains support on the cloud and we rise with Bitcoin as it rallies past Christmas. Or, BTC causes panic in the alts leaving XRP to dip to around 5k-6k sats. After the dip XRP would continue to rise. Target: 16k sats
Looking at the last rally and the clear fact that we are in the bullish flag, leads me to believe we are ready for continuation over the same time frame and same gains from the last rally of +180%, which will give us a target between $5.00 and $5.50 by January 2nd 2018. This could be further pushed once Coinbase makes ripple available on their site. I thought at...
I expect Ripple may go 315% from the bottom of the bullish flag, as shown here. Figures come from measuring the size of the flag pole, before the flag began. HODL for the weekend. Safe sell zones: $2.50 - Light Orange Line $2.60 - Dark Orange Line $2.80 - Red Line After selling at that point, you may want to sit back, wait for about 60% retracement and the buy...
We broke out of this downward channel and are now gearing up for the 3 wave of this Elliott Wave sequence Target: 1,000 sats
So as you can see in this chart I have originally charted a wedge that I believed that Ripple would consoldate inside of and then sky rocket. Today would have made this invalid under normal circumstances/TA. However I have a few reasons why I think we can extend this and almost wipe away the action that has happened in the last day and the drop we expierenced. ...
Wait for that triangle break on the upside to enter a position on the BITSTAMP:XRPUSD
• H4 Descending / downtrend TL break & Ascending confirm. • Pin-bar on yellow box support (bullish confirm). • Overall my bias : LONG to 6500 and 8000 @tradersmind
XRP is already up over 100% since breakout and has formed a beautiful bullish pennant . The bottom of the pennant has been my accumulation zone, as this provides a very tight stop loss. I am in hopes that XRP breaks the top of the pennant here shortly. Instead of using a break in the accululation zone as my stop loss, I plan to use a break through .72. This is...
Followed by a correction eventually. 0.618fib≈ 200 day moving avg needs to catch up
After making a huge run the last few days Ripple is now consolidating and forming a pennant pattern. For anyone looking to buy, I would wait for a breakout to the upside.