XRP vs BTC: Diminishing ReturnsNot Financial Advice. Entertainment Purposes only.
MY OPINION.
XRP is a scam coin and if anyone at Ripple wants to pay me to shill it I certainly will. With the supposed mass adoption and overall usability and versatility you'd think the coin should be enjoying a relatively easy ascension above 40 cents USD or 5000 satoshis. Number 3 by marketcap last I looked, but prices seem to be nearly completely controlled by parent company and majority stake holder, Ripple. It must benefit them to keep the coin so cheap, and maybe there is a good reason for it. High volatility in something to be used as currency obviously has its issues. We could see a short spike up to the 7000 sats range, but I think each rally will be 50% or less of the previous one, until it is virtually a stablecoin.
Maybe not terrible to own, and probably some short term gains coming soon, but I wouldn't rely on it to make long term gains, especially when you could have your funds in more profitable coins. Every dollar held in XRP is money lost that wasn't invested into bitcoin, litecoin, ethereum, or even dogecoin.
Ripple-btc
XRP about to moon in the coming days?XRP could be at the edge of something very soon.
- end of a triangle (yeah, the good old meme)
- volume decreasing
- i initially thought there was a potential bullish divergence, but no...
Check this : twitter.com
Anyone playing this one?
Let me know in the comments section!
Ripple #xrp Play with the zones. (Margin trade)Play with the zones ripple give us for free! Trading is more simple that it looks, find a good strategy and work with your psychology 90% of the time. Meditate, fast & do some exercise 5 days a week to keep your mind and body Sharpe as possible. Blessings guys. Don´t forget to put a like!
Ripple - XRP BEAR'S vs BULL's IMPORTANT WEEKENDIf we close this week below 4950sat, it will drop under 4000sat very quick.
Week started at 4750sat around!
If we close above, we should see next week 5700-5950sat around and higher.
Volume last weeks was really high. In sept 2018 did xrp with near to same volume from 0.24$ to 0.8$!
Q2-2019 should also be a important closing for ripple as company.
Today they announced new partnership with xing as payment app.
May was also fully with announcements and partnerships too.
People are end of patience, best time for on-boarding.
$XRP Targeting 0.65 Mid-Late JuneFollowing a short pullback from 0.52 resistance look for upside target at 0.65 in June.
This chart is noisy, and even so there are many things hidden in it. It is difficult to remove the information on the chart and still reference it to whoever may find this useful. Normally I would include Fisher and RSI but have removed it to be able to show the end of this impulse series.
I believe we are in Wave 3 of what I am calling the Intermediate series. Inside this wave you can see where I have plotted the Minor and Minute wave structures supporting it. I actually plotted a Minuette structure but have hidden it to reduce the noise of the chart.
The focus of this chart is to show a potential wave structure ending in June which in theory could hit 0.65.
There is a channel forming now. If we assume this wave structure remains inside the channel, and following the 0.382 fib retracement and 1.0 fib extension guidelines we are looking at 0.65 about June 19th.
If we dig deeper into the current price we can see that we are in Wave 3 of the Minor wave and Wave 5 of the Minute wave, both of which would end around 0.48-49. That said. the phsycological level of 0.50 sometimes acts as a attractor so we could go as high as that. The 0.52 level is a resistance level going back to November, and farther back to April and June/July of last year. I fully expect a pullback from this level, which could also be the end of the Intermediate Wave 3.
Disclaimer: I am sitting on chunks from 0.28, 0.31 (several here) and 0.36. I do not plan on adding more to my position at this time as anything I could add would only increase my position size by 5% at this price.
"Top and Bottom Analysis" EOS by ThinkingAntsOk4H CHART EXPLANATION:
Main Items we see on the chart:
-Price has broken the ascending trendline after bouncing on the weekly ascending channel
-Price couldn't re-enter the previous zone after a Pullback to the broken ascending trendline
-Currently, we can see the price inside a corrective structure
-Based on this if the price breaks out the corrective structure and closes below 6.0050 we expect a continuation of the downward movement towards 5.3700
MULTI TIMEFRAME VISION:
-Weekly :
-Daily:
There is a possibility for the beginning of an uptrend in XRPBTCTechnical analysis:
. Ripple/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the Beginning of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004900 to 0.00004100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004900)
Ending of entry zone (0.00004100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00005800
TP2= @ 0.00006650
TP3= @ 0.00007900
TP4= @ 0.00008600
TP5= @ 0.00010250
TP6= @ 0.00012145
TP7= @ 0.00014050
TP8= Free
$XRP - Deep WXYXZ Wave 2 Correction - Complete?XRP was due for a correction, better now then later as it would have been more devistating to the moral of the traders jumping on board.
I do believe that we have seen the bottom of Wave 2, the correction wave, at 0.36. These things are difficult to count so I have zoomed into the 15m chart to detail the underlying structure of the WXYXZ as I see it. You will notice that I am using HA bars here; that is because it helps visualize the waves easier.
What I have plotted here would be a 3-5-5-3-3 pattern and is far from normal, and to be honest, im not entirely sure that structure is valid for a WXYXZ. Your typical ABC correction is a 5-3-5, but there can also be 3-3-5 patterns. In the complex correction combination wave we see now we would normally look for a 3-3-3-3-3, but its simply not there from my point of view. It could be that the structure is a 5-3-5-3-5, but it would be a very dirty interpretation and even less valid in my opinion.
Here is some reference material: www.elliottwave.net
Let me be clear; I am by no means a EW expert and these complex waves are, well... complex. There is an established trendline for this correction wave. A break above that should signal the end to the correction.
Upside target for the end of Wave 3 looks to be around 0.55-56 which is also the Monthly R5.
There is a historical resistance level at 0.52.
XRP 2x + bounce incomingXRP Bounce - XRP BTC and XRP/USD
5 months have been extremely quiet for XRP with volatility very low after a lot of 2018 fall hype.
XRP has been hugging the $0.30 price and is being dubbed the next stable coin.
Supply & Demand imbalance appears equal...
ADA/BTC Chart - Weekly: oversold and 200 SMA at ~₿0.000046, bullish daily divergences
ADA/USD Chart - 2 Year horizontal rising support trendline at $0.28, large manipulated triangle breakout
Targeting ₿0.0001 / $0.60 for 100% gains in the next few weeks.
Resistance - ₿0.000075 / $0.50 at 200 Day SMA + 50 Week SMA / 50 Week SMA.
Higher targets (red lines) if Ripple's Xcurrent 4.0 integration of Xrapid is successfully adopted (AKA Brad flips the switch).
$XRP.X $XRP Continues To Disappoint Despite Good NewsTracking...Ripple Has become a total dud chartwise and the losing interest creates a problem going forward as the downward trajectory remains intact. With over 50 Billion coins left to be dumped into the supply I would avoid and find more profitable Coins and Projects such as $BCH $LTC $IOST $ENJ $RVN and $BAT
HOT: NO LAMBO's for RIPPLE XRP HOLDER (BTC PAIRING)First that's how it's look on XRP-USDT pairing
1) , (2), (4) are all are on PUMP area!
Who pumping it? Swing trader - XRP toBTC before halving in 2020 coming.
That means, they will pump on BTC pairing XRP up to x5-7 level! (4) waiting
For understanding that cycle, you must be since 2012 in crypto space.
BTC PUMP-> SELL altcoin for BTC -> trade algo bot's side ways -> SELL BTC for USDT or DOGE/XRP(was like an stabile coin in past)
now we are on time, BTC-USDT going since weeks on top for STOCH RSI and RSI for breakout!
BTC can pump up to min5500$ - max6250$ and would dump to 4450$ range.
x5-7 for ripple is welcome.
Best entry for entry is now and until 4750-4900 sat area and hold until summer. (3)
HOT: NO LAMBO's for RIPPLE XRP HOLDERLooks like XRP/RIPPLE don't care about private investors and community.
(1) Splitted in years 2017-2019
* Orange line are years
* violet lines are when RSI and STOCH RSI are bottomed and pump started (5) (6)
(2) STOCH RSI must touch near to bottom 0-3 and stay here up to 1-5weeks
(3) RSI must be between 35 -42 range
(4) Volume candles from Q2-2017 to Q1 2018 shows us
* most xrp coins are sold with a ROI up to 250 around!
From (5) to (6) are 160 days. Show's ripple as company trying to push price upside and let market (maker) do the rest.
From last Q1 2019 report, we can calculate average price from direct sales for each XRP was 0.143$ around..60% discount and they are not locked.
They sold much more on market =for each xrp 0.28-0.4$ range.
Total average price in Q1 income = 0.229$ That's targeted bottom for XRP 0.23-0.255$!
(7) Next action for ripple is expected for end of second week in july 2019
* price range 0.83-0.94$
End of year 1.1$-1.2$ possible
From private investors side is not much interest for investing in ripple, xrp.
Only institutional investors can safe ripple and XRP token from disaster.
That would explain why SBI Holding and high level member are on boarded in last quarter.
Maybe Twitter, Facebook, Google, Apple partnership on pipeline.
Tipbot and few other WhatsApp payment methods would be good for users.
XRP can't be decoupled from XRP-BTC pairing since BTC is bullish.
Selling pressure from Algo-Bot's are to much.
Early tether news pushing BTC-USDT price down, that hurts also XRP price in btc pairing.
I would wait for 0.26-0.275$ range, before putting new money on xrp.
Twitter and Telegram is fully with people ready to dump there bags for 0.4$ around.
That make sense, while there is first resistance area. Next one is at 0.53$
Worst thing, with any shitcoin you can do easier x2 or more in same time, don't invest more than 10% from your portfolio on it!
SET tight stop loss on usdt pairing.
POLONIEX:XRPUSDT
Give me THUMP UP please if you like what you see!