Price action from ~$0.47 on April 6, 2018 up to ~$0.69 on April 13, 2018 has been identified in this analysis as a Minute wave ((a)) position. A correction, i.e. Minute wave ((b)) is currently on after which Minute wave ((c)) should follow. The implication of the above is that the price of XRPUSD (Ripple) should resume its bullish trend with prices moving...
Price action for XRPUSD (Ripple) from open ~$0.46 on April 01, 2018 up to price close of ~$0.55 on April 04,2018 is identified in this analysis as a Minute wave ((a)). A 3 wave (corrective) move back to ~$0.46 i.e. Minute wave ((b)) implies that the entire structure should be a regular flat Elliott wave structure. Minute wave ((c)) is expected to retrace Minute...
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's (XRPUSD) sell off terminated at ~$0.53 which is within the Weekly and Daily support area that I mentioned in this post: Price close at ~$0.53 has been determined to be a possible termination point of a minor wave C. Target area for the current upswing is shown here as between $0.77 and $0.82. Failure to move above this resistance could see price return...
Dear Viewers, Here is my Technical Analysis of the XRP Coin. Let´s get into it straight away, As you can see we had a Head & Shoulders pattern that started to shape it self mid January because of a bullish movement, which caused a bearish breakout once the neckline got crossed downwards. Now that XRP got corrected (which is very healthy for the coin it self),...
The sell off in XRPUSD (Ripple) after it reached a high of ~$3.30 on Jan. 4, 2018 is captured in the chart by the bearish trendline. The curved light blue line on the chart is used to show the bottoming action in the price of Ripple. This indicates that the price of Ripple will resume a bullish trend or price swing upwards albeit temporarily. If Ripple fails to...
The structure says that we will see a another upside impulsive move in BITSTAMP:XRPUSD . What do you Think ?
Not sure this is a huge channel or I stumbled onto something so perfect it just might work. After drawing a fib expansion and the retracement. I noticed the ripple market is actually in a huge ABCD pattern and we just finished A & B if all plays well we should hit $2.00 before March 1st see a slight pull back then head the $3.70 zone. This is such a weird find....
i think it will not that too long, Good Luck
XRPUSD 1.20 Support zone . still looking bullish move . all on the chart .