If we get out of the purple triangle we still have the green one. But if we break down the green one then is likely to follow the red line going down. Personally I still think this is a low level and soon we'd find higher prices. But you know. Everything is just speculation. If I had the right answers I would be on an island sipping my drink. So.... Do your own...
The good thing is that it didn't break the 2200 line. I was thinking it would go down from my last idea, but I didn't see it going down lower than 2400ish. We did test the 2200 line though. With all the "XRP will get unlisted and other nonsense FUD, no wonder we reached so low. There is clearly a resistance at 2500, so the point is to break that one to go up....
Zooming out on 4H chart I realized that the previous idea for short term XRP fits in this huge triangle. So basically what I am seeing is an uptrend up to high 4500 low 4600. Unless BTC is going crazy and breaks up which will affect not only XRP but the majority of ALTS. But then your well set StopLoss saves your arses. I will still stay neutral until...
Depending an BTC moves we can see XRP recovering up. It's a bit risky but isn't everything? If XRP is going over the 2850, I believe we'll see 3000 again. If not, we may keep going to fall along the purple line. As usual, this is just an idea. Please do your own research and TA. Good luck!
But we'll be fixed in a couple of hours I guess. We'll either go up towards 3100 or we gonna fall in the 2500 ish. Is pretty difficult to have a clear idea now, with all the BTC moves. As always, do your own TA before taking a decision. And place stops. For now... patience. Good luck.
With a bit of luck we may see this thing breaking out. If not, please don't forget your STOP LOSS! And please do your own TA, this is just an idea, not a prediction. Good luck!
Will it Get There?! I Believe it Will. Reasons: Big Names Behind It, Market Cap is Huge and Rising, Recently Price has Risen to 2-Years High and Trend Direction is Up and Technical Analysis Suggest Continuation of Current Uptrend
Watching for a bounce after a major reversal took place. ripple.com ripplefox.com Still downtrending watchout for a break lower.
Watching for a major reversal to lower support levels.
We now look a tad bit over extented watching for a strong reversal towards the lower fibonacci support levels. Moving over to POTBTC & DOGEBTC. Be careful my friends.
Feeling very toppy again here see us back around 1800 sats in next few days. Pretty Large short play for me.
Watching for a trend continuation higher above .000009 as btc starts to fork. Lots of selling and for some reason the ripple likes to rip on the sells. Watching for another solid push.