What do we have here? -Ethereum is losing capital to XRP for about a month, and should recover part of this capital to fight to be second place marketcap -90% retraction from 2017 bubble -Double ABC making a corection WXY -Descending Wedge -Will bleed more if BTC dumps -RSI daily record oversold, weekly too
With all of the speculation, rumors, and technical opinions there out there, there's a lot of people who believe this is inevitable. - Can XRP replace BTC 0.68% and become the new king of crypto? - Can it become the one everyone has been waiting for who said another coin will eventually replace Bitcoin? Tell me your thoughts on this in the comments section down below.
last bearish leg on ripple before the bulls come into play, balancing out the supply and demand of ripple?
• Rallied 25% amidst strong bearish price action throughout rest of market, still up 18% on the week --> Excessive upwards move for such a large cap coin • Stochastics trending down on hourly with bearish divergence on larger timeframes • Tried to rally about 10000 range for a second time, rejected • Buy volume weakening, sell volume increasing • If it reaches...
Honestly I don't know! We are in an INSANE situation right now with bitcoin getting slaughtered and ripple holding strong. Has something changed fundamentally? The fact is I don't know. However, based upon TA I think xrp/btc is getting very, very,very toppy. Now, if you remember when I tried to call the bchz18 top then you will remember that it is..well..dicey at...
If it breaks past this blue line, the next area looks to be ~$90....
Hello all, XRP taking obviously advantage on BTC, probably that this will continue, XRP will see its dominance increasing in the Crypto market, but not sure if it will affect significantly the value of the pair XRPUSD, let's follow this closely. What do you think? please share your comments and thoughts. Cheers
Re-occurring pattern, safe to short with a very low leverage to avoid liquidation on short term bumps enjoy
Three most likely options as I t see it. As this is end of US day there could be a less likely 4th option of sideways. Seems support has been building at neck line. but resistance is also strong. Im personally long from yesterday's dip, and from October. If BTc falls more xrp seems to have established itself enough to recover from general market downtrend to...
I'm using the XRPBTC chart here, but the same can be said for most major alts as well. This is a popular chart, so I decided to use it as an example. This is a new view on the market that I have been thinking about recently (and posting about), and the last couple of days have convinced me more that this could indeed play out. The market does not want to go...
We're continuously pushing against that 15 min resistance line, one or two more strikes and it should break, at which point we'll wait for retest and then jump in, targeting that upper resistance at least.
• Past pumps have been followed by vicious pullbacks and high volatility, this one is holding with strong support and relatively calm price action • If this support can hold, an upward bounce through the above trendline could result in a LARGE upwards move • Fundamentals: Ripple Labs is sitting on a bunch of capital from selling XRP at the top in the beginning...
The following is not investment advice and is only my opinion. Ripple appears to be half way through a current 3rd impulse wave. Wave 5 could see ATH prices reached again, followed by an ABC correction forming a classic "cup and handle" formation, which could play out over 2019 completing the larger scale 5th wave by December2019/January2020 time frame. Both...
On trendline support and local descending channel resistance. Price is looking weaker with that volume but it is a roll-the-dice kind of scenario now to be honest. Personally, I think it will go down but wouldn't play with too much on it. Let's see how the next 96 hours play out.
Looks like what we have here is an ascending channel forming our of a head and shoulder completion. I'm expecting a quick rally followed by a drop down to the 0.786 line of the original peak retracement. Still learning how to do this so any pointers would be great!
Everything that the establishment has told you is wrong with you - is actually what's right with you. You see things others don't. You are hardwired to change the world. Unlike 9 out of 10 people - your mind is irrepressible - and this threatens authority. You were born to be a revolutionary. Some pretty large goals here on XRP, let's get good entries at the...
Everyone on TradingView knows about the stock market meltdown, but the cryptocurrency world has been rocked as well. Earlier, in this article , we discussed a massive head and shoulders in XRPBTC. We highlighted the fact that the recent rally and Ripple exuberance would probably be short lived. We also noted the incredibly ominous head and shoulders pattern as...