No big fan of Ripple as an actual project. However it does have that mix of public awareness, low 'per unit' cost, and 'community members' who think it's the next Bitcoin.
That all equates to some big, dumb price action at some point this year.
Last three times, it bounced hard off a major support and did between 200 - 1000%.
Looking at this chart, I see it...
The same depressive trend line holding down this extremely powerful asset. Is it a matter of time before this breaks out with Bitcoin dominance topping and an impending bitcoin correction, now seems the perfect time for Ripple to begin a meteoric climb. I have entered from $0.30 and will add down to $0.20 if necessary.
The longer price is aggressively supressed,...
It looks like XRP is due to move upwards, to reclaim the horrific time it has had over 2019.
If you are looking to buy use BTC, this could get interesting if this does start to reclaim some of those losses.
Don't forget to check out the links below.
I still believe this is an accumulation but might take 1 year more so I updated my previous idea, I believe we are going for a spring based on wyckoff accumulation. Altcoins on USD pair should see lower lows as well:
XRP long 0.00003040, tp 0.000033, SL 0.0000029 8% target
Here we see gold candle on my custom indicator at a point were XRP has dipped and then bounced off a point of previous resistance, long on XRP for at least 8% back up to 0.000033
XRP is looking in a zone where a price bounce may occur. Bulls have been back in the ring this week but with a large sell of on binance will XRP have the strength to push back up over the 3500 Sato mark.
My position is LONG till January 2020 buy range 2800 - 3200 sato.
Target 4500 sato.
Volume has been heavy for xrp leading to speculation of the bulls back in...
While another revisit for XRPBTC at sub 0.00005000 may be possible a quick reboud would be expected to see the price reaching a new ATH. The critical level where XRPBTC currently sits will be defining for the pair. Therefore, I am bullish biased looking at this chart and I would expect a big move from XRP within 2-3 weeks time.
The RSI has plenty of room to move...
Ripple (XRPBTC) is now moving and has the potential to go higher.
Challenging EMA50 (0.00005436) today, we are seeing really good volume on the 4H time frame, as well as momentum building up.
The RSI is bullish at 58.40 trading above all resistance levels and is at its highest since December 2018.
The MACD is entering the bullish zone and looking good....
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