Ripple (ETH pairing) has found strong support (green line) and is currently consolidating along it to finish wave 2.
Wave 3 will begin once top of resistance line (triangle) is broken.
Remember... "Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5" ;).
Remember to update stops at each fib level.
Ripple is preparing for a breakout to the up
following LTC and BTC.
Watch for levels at the fib ranke 23 38 or 61.8%
Excellent long position
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Market is IMO, shifting but we still need to wait and see if it goes through some R levels.
EMA indicators have finally shifted - demand is on the rise. This is an 1HR chart.
Last EMA shift was @$0.93..and took us down to $0.60s.
let's see if we have enough strength to reach the $0.93 level once more. We have some Resistance @0.88.
If that goes...
XRPUSD was under strong selling pressure lately, mainly due to fundamental reasons (news). However, based on technical part, XRP is at a critical point of support where price reversed in the past and which also represents a Fibonacci strong level of activity. We believe that XRP may retrace to nearest area of resistance located at 1.10 and then fall down again to...
Ripple has dropped strongly and is now approaching major support at 0.8224 (Fibonacci extension, Elliott wave structure, horizontal swing low support, bullish divergence) and a strong bounce could occur at this level to push price up to at least 1.1511 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support...
I like the way that XRP has moved through the Gann Box here. Each time division brings a change of direction and the price levels have been pretty useful, too. Now we are in the final time column and the logic indicates price will close higher than it entered the same column. I think it's worth a bet, targeting the lover fib price level for TP1 and the next for TP2.
Possible bullish spike at 2pm when Weiss crypto ratingshave been released. Expecting good rating for XRP. Price has been hovering around $1.37 all day, possibly in anticipation of the rating.
XRP/Dollar is showing a rising wedge reversal and it hit resistances a couple of bars down which indicates massive downward movement towards the next support level (1.12 to 1.15 support zone)
Hopefully this will retrace and show momentum to the upside again but cryptocurrencies can be extraordinarily volatile especially cause of the new years and future technical news.
So XRP is putting in a decent recovery from the Great Crypto Crash of Jan 2018. Based on having broken out of the downtrend marked by the channel, as well as seeing the drop since the ATH as a three wave correction with wave C completing at the 0.786 extension level (see linked idea, in comments) - we can have a level of confidence that we have exited the...
correction to lower fib level or the 61.8 is a good buy in for ripple.
If you look at coinmarketcap Ripple was up 30% while bitcoin was up only 7 % at this moment. Ripple is still and will always be a very strong coin to invest in. I know many hardcore crypto supporters argue over the fact that ripple is a bankerscoin. But my advise to every new investor is to...
First of all WOW what a bloodbath it's crazy, I lost a lot from my profits value cause I didn't pull on time my XRP investment but I am Happy cause the Asian market will fix and will remove all the shitty coins and will equal the rates also from there side and then the market will be more stable and the good coins like ripple will make a...
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