I believe we've made the monthly low as we've moved above the monthly open. Expecting the wick of the monthly candle to be in. We've keyed off a daily level so now expecting the expansion of the monthly body. Targetting previous ATH and then $5 short term
XRPUSD has been consolidating in a triangle since the ATH. It is now nearing the point of the triangle and I expect it to break to the upside. I am basing this on the strength of the previous bounces when price has hit the bottom of the triangle and the fact that the prevailing trend is very bullish.
The point of the triangle corresponds with a level of triple...
XRP to USD has broken through the 200 MA and looks posed to go for another bull run. Combined with the listing on Japan's DMM exchange we should see another big run in XRP due to the increased demand. DMM only allows for purchases of 7 currencies.
The 7 supported cryptocurrencies are bitcoin (BTC), ethereum (ETH), nem (XEM), ripple (XRP), litecoin (LTC), ethereum...
Place buy limit at 2.20 or 2.15. Avoid sitting with an unfilled order by visually follow the martker and price action, fill manually at market execution if nescecary.
Ripple is an essential part of a healthy crypto portfolio. The recent major corrections on all cryptocurrencies has proven that ripple is a stable and safe coin to invest in. Ripple heald its...
Channel forming, since bullish movement on the 12th dec. Strong support at 82 USD, supported by 200ma and 62% golden retracement on the fib. I think we will see possible consolidation and further bullish movement. I think 90 USD would be a good place to buy in.
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?
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...
With a seemingly low resistance, the altcoin market currently bullish - XRP/USD for me this morning is my strongest bet - Shame I woke up a little too late !
Fairly new to TA so feedback genuinely appreciated!!