Ripple (XRP) Prepares To Move Up Within Weeks!
Updated
Ripple (XRPBTC) has been retracing since the 24th December 2018, almost 3 months now.
For "big" altcoins (high market cap), a retrace can take a while, this can be appreciated when looking at Ripple, but this retrace might be reaching its end, based on several signals that I am looking at right now.
Hit like, if you want to see more analysis now, and let's continue...
Thanks a lot for the support.
Conditions for change: If XRPBTC closes below the demand zone (yellow), then this analysis is invalidated and needs an update.
This is not a piece of trade advice. This is technical analysis for the Ripple (XRPBTC) chart, all of my trades are clearly marked and contain buy-in, targets, stop-loss, capital allocation, and additional information.
Feel free to hit like if you would like to see a full trade for Ripple (XRPBTC).
Thanks a lot for the continued support.
Namaste.
For "big" altcoins (high market cap), a retrace can take a while, this can be appreciated when looking at Ripple, but this retrace might be reaching its end, based on several signals that I am looking at right now.
Hit like, if you want to see more analysis now, and let's continue...
Thanks a lot for the support.
- The yellow zone is strong support, you can expect XRPBTC to bounce up each time this zone is tested.
- The RSI and MACD are both signaling bullish and hidden bullish divergence. Look at the RSI creating higher lows, while XRPBTC is creating lower lows.
- This simple signal will lead to a breakout to the upside most likely within two weeks. It can happen now, as it can happen in ten days... But the set up for a strong bounce is already in place, it is now only a matter of time before the jump.
Conditions for change: If XRPBTC closes below the demand zone (yellow), then this analysis is invalidated and needs an update.
This is not a piece of trade advice. This is technical analysis for the Ripple (XRPBTC) chart, all of my trades are clearly marked and contain buy-in, targets, stop-loss, capital allocation, and additional information.
Feel free to hit like if you would like to see a full trade for Ripple (XRPBTC).
Thanks a lot for the continued support.
Namaste.
Note
MOVING FROM ONE PLACE TO THE OTHERIt can be scary when it is time to move on.
Blockages can come out of nowhere, you can encounter yourself with fears that you didn’t know that you had before.
Moving from one place to another can be challenging for many, sometimes even strange.
We are beings who adapt easily, but we like to adapt to stability more than change.
But stability keeps you always in the same place.
For more and for growth, you have to move to a different stage.
Namaste.
Note
Ripple (XRPM19) on BitMEX (50%+ ROE on 10X Leverage)For advanced traders only... High risk, high reward.
Trade at your own risk.
Feel free to support me by hitting like...
![Trade: LONG XRPM19 [51.8% ROE][10X] @alanmasters](https://s3.tradingview.com/h/Hza2fuAY_mid.png)
Thanks a lot for the support.
Namaste.
Note
Look for the lower end of the buy/demand zone to buy in.Ripple is now likely to drop lower.
Note
Bounce is in place, new update being shared now.
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