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Ripplebreakdown

80% Dip In Play for RippleWithout finding support above $1.11, expect a 80% drop in Ripple's current price. While I misjudged the final massive pump, the fact that Wave 4 breached Wave 1 yet remains a fact. Consider the current market structure as Leading Diagonal formation (still). Typically within Leading Diagonals, after Wave 5 completes, the bearish correction returns for a diabolical test within Wave 1's territory. The most supportive price within Wave 1 lies between 0.14 and 0.18 cents. Currently we are witnessing nothing more than a pump and dump. Not blaming the whales for this, nor giving them credit, as I'm frankly not a believer but its safe to classify the tail end of a Leading Diagonal as 'pump and dump' because that's exactly what happens, every time. This drop could take anywhere from 45-90 days. Line up your positions now.
BITFINEX:XRPUSDShort
by DigitalSurfTrading
78
Ripple Is Set To Rip Hearts AwayMy last short term Ripple idea was a bit off key but the larger analysis remains in tact for the most part. The current Leading Diagonal formation is promised to have an extremely deep retracement. To find out the exact target of the super sized zig-zag, we can simply apply the Fibonacci tool to the A wave down (big drop on the red wave) --- oops, the fib tool doesn't show on 'ideas' for whatever reason ;( A zig zag typically has the following targets for the ending C wave: 100% of A 1.618 of A .618 of A Also, C wave mostly always goes beyond the bottom (or top) of the A wave. Considering the height of the B wave (current up wave in also in red), C very likely will NOT end at the .618 target (as it won't be below A). The difference between 100% and 1.618% is literally like 2 cents. Either way, the next big target will be below .30, likely below .25 as well. The rebound will push Ripple over $1.00 and beyond. #BuyTheFear
BITFINEX:XRPUSDShort
by DigitalSurfTrading
4
XRP is getting crushed. Weekly wedge rejection candle, dump downAlthough the whole Crypto markets are dumping with Bitcoin. The XRP is clearly getting sold off.. rather dumped on the markets. Probably by new deals from Ripple who get XRP and sell it for Fiat to run new businesses. Maybe new businesses will use advantages of XRP. But most of it will be exchanged for Fiat. As XRP only has a small short quick holding time to exchange this won't drive price up. Looking for XRP to move lower from here, until weekly outlook changes, this doesn't look good for the XRP holders.
BITSTAMP:XRPUSDShort
by TradeReact
Ripple faces to 80cents. Let's see!! Bearish flag pattern of past week scares everybody who hodl that coin. We think it could be even worse, theres a big possibility Ripple can break to 80cents and then slowly recover after few hours/days. In our It'll be very fast race, as you can see at the chart, breakdown could happen tomorrow, but no one knows, XRP market is very unstable and forecasting it is very difficult. So inspire yourself and decide on your own. If our analysis helped you and you like keeping the analysis simple, please consider giving us a thumb up. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
BITFINEX:XRPUSD
by RRcrypto
2