Hi Guys, Thank you for tuning into my analysis. BITFINEX:XRPUSD As you can see on the larger time frame, BITFINEX:XRPUSD is mimicking the trend of BTC/USD. However, a more significant lower high and lower low can be spotted in BITFINEX:XRPUSD then in BTC. The green box could signify an accumulation zone provided that BITFINEX:XRPUSD doesn't break down...
Trend line created and crossed down in 2017. Same happening right now! We spiked right through. Just look at the Similarity of 2017 and 2018. I think this is really not coincidence.
Often I notice that altkoins work more technically and ahead of schedule. XRP showed signals for a breakdown of resistance and entry into the zone of imbalance above 0.70, but the market leader began to move down. XRP draws a classic figure: a double top, but it is not yet formed, we are in the decision zone and everything depends on the BTC. But I completely...
Ripple weekly chart is looking good. Price has bounced of 50 MA. Looking to enter long position in this area. Entry .67 Stop .49 Target 1 .99 Target 2 1.49 This is not financial advice. Comments, criticism, questions always appreciated. Cheers!
XRPUSD - Downside Continuation - Hunt Volatility Funnel New trader. Welcome advice / criticisms
Price swing from ~$1.08 (March 5,2018) to ~$0.55 on March 18, 2018 has been identified in this analysis as a minor wave 3. Minute wave ((y)) is currently on and its termination marks the end of minor wave 4. Minor wave 4 is shaping up so far as a zigzag (5-3-5) Elliott wave structure.A 38.2% retracement to 50% retracement (i.e. ~$0.75 and ~$0.82 respectively)...
Ripple is showing simmilair fractal pattern as it did 8 months ago. People are buying the hype because they think it has potential to grow more than 10-20x eventhough that would put it way above Bitcoin total market capitalization. I used to be the same and I used to have huge position in XRP hoping it will jump very hard eventhough it was just as unrealistic...
Histogram showing bearish signals together with the macd crossing the signal line. RSI tried to break to the upper side but bounced off the 50 multiple times showing not enough strength. Short term the 8, 13, 21 are all below the ma 55 showing a downtrend at the moment. This makes me conclude that XRP is currently bearish.
Ripple has created bearish channel,. Overlaid Daily support and resistance levels+ Fibonacci+Gann Fan, drawing future projections on price-points, where have to play attention. Now price staing at 38% Fibo+Daily Pivot (was tested, and refused). Next 2 Support is surrounded 50% Fibo, and 50% level its serious area for break or reflect and back to Bullish trend. *...
XRP finally looks like it has no more fuel for a bull run and a major correction is inbound. Volume is decreasing and it couldt move past sma 21 just like at previous correction. The downtrend could continue for the next couple of months and a great buy in would be around 1000 sat or lower, than another bull run is bound to happen. "It's not personal. It's...
Ripple has bounced off our support perfectly as forecasted previously. We are seeing another potential upcoming bounce with major support at 1.2007 (Fibonacci retracement, horizontal overlap support) which could drive price up to previous resistance at 1.7564 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). Stochastic (34,5,3) is...
Short near 0.00015 Target: 0.000088 Stop: 0.00017 Good Luck!!! If you don't have accounts at BitMEX or Binanace consider using the links bellow to sign up.
Expecting a similar correction to the last 2 XRP pumps. Only way this could be wrong is if all the good news surrounding ripple pumps it to the moon. Personally I'm a TA > Fake news kinda guy.
MACD, STOCH RSI, and the resistance line all come firm it.
Another attempt to break 1.30 level can be seen in the following hours
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