ETHUSD has experience a lot of gain lately and moved into all time high territory. I believe that we will now see a downtrend for Ethereum the next couple of days / weeks.
I think that it will be a good idea to trade XPRETH since it has just bounce back on a major trendline.
From looking at the trend lines from a longer time frame and the place where XRP is hanging out now, we can see that they will come to a pinched point soon and possibly break out high after a few days of consolidation. www.tradingview.com
Nice Ellliot wave shows nice correction pattern. Bounc back at 50% fibbo. MACD is showing positive divigernce crossing signal line (UP trend). RSI stable and ready for action.
Buy!
stop-loss 0.0024
1 Target 0.002914
2 Target 0.003291
3 Target ATH
4 New ATH
Timeframe: 5-7 days
I saw Ripple "crashing" real-time and knew there would be a sharp bounce.
My target was 0.0022 but it didn't quite hit that order. I placed market orders as I saw it bouncing and caught these prices.
I've been wanting to try this tactic but it requires a lot of attention and luck. Hopefully, this is a good trade. I will likely trade out of most, but keep...
The pair has reached the previous top from Dec 30 and is showing
some signs of weakness or exhaustion. Ether is looking strong on
other pairs too right now, so it is more Eth strength than Ripple
weakness one has to conclude. Price is in an uptrend and has been nicely
supportedby the Cloud all the way since Dec 13. The new Yearly pivot point
was traded on Jan...
Firmly believe XRP will continue rising for another 20% breaking its $2.00 price point before it breaks and touches the cloud for another consolidating period.
Disclaimer: Anything that I say is my own opinion. I have been doing my own personal research and believe that Ripple is an excellent investment. After following it for a few weeks I made a small investment. Any money that you invest is your responsibility. Do some research and learn about the currency yourself before putting your hard earned money into it. This...
ETH has the most significant bounce back over 24h, XRP/USD has beautiful swing for accumulation XRP/ETH pair has good accumulation and touch fib retracement, it's time for XRP to catch up with ETH.
Bonus, XRP has the potential to go on coinbase.
prices found support at current levels as we seen market exhaustion at 3 different points were prices failed to break lower possible retracement before rallying up
Price hit the new Weekly Pivot Point overnight at 0.001345
and has since slightly come off. If this level holds and the
current retracement from ATH is over, price will eye the
Weekly R1 at 0.001823. A close above 0.001530 will be
a bullish sign, counteracting the previous sharp drop to the
Weekly PP. Only a close below the Weekly PP will shift bias
to...
