XRP Finally Gave This Buy Signal After Exactly 1 YearGood evening traders!
I know... I know... I know... the chart is ugly. I apologize.
Also... It's XRP.
The ultimate, centralized shitcoin.
The key thing to remember is that we are traders. The fundamentals of a project are irrelevant to our technical analysis.
Wasa... wasa... wassssup!
We always trust our charts and look for patterns to repeat. In this case, it's the pump cycle on XRP revisited.
First things first, we are seeing Bitcoin dominance finally start to show weakness.
We hit a high time frame resistance level at the weekly resistance from 72% Bitcoin Dominance level.
Based on the weekly RSI, we may see a shift down to the 62-63% zone.
As for XRP, I use this 3 day RSI pattern to determine bear control and bull control.
There are a few things we can see from this RSI.
1.) A cross over from above to below 53 = Bull trend over and a downtrend will start.
2.) A cross from below to above 40 = Bear trend over and an uptrend will start.
3.) The initial pumps occurred exactly 365 days apart. (very interesting.)
If you remember my last chart on Bitcoin buying zones, I talked about bear market and bull market control.
Next up is Fibonacci.
For XRP, it is insane how precise it holds to the fibonacci levels. I want to show you this chart that using the cycle from 2015 as the swing high/swing low for the fibonacci levels.
As you can see, the cycle high top hit the 261.8% fib level perfectly and we can also see that we recently bounced on the 23.6% support similar to in the past.
This would give us high side targets of 38.2, 68.1 as well as the 100% cycle high.
I'm not 100% convinced we will get a 2017 style pump no XRP, but I still see a 50-150% possible move out of it.
So for now, it appears to be a buy on the dip sort of rally unless our RSI level is broken again to the downside.
What do you guys thing? Will you be trading XRP?
Ripplebreakout
XRPUSD Ripple Is At A Strong Weekly Support And Now We Broke OutXRPUSD is at a major weekly support level, if you look on the daily it will be easier to see.
I was waiting for the market to break out of its Daily consolidation and today it did with Volume supporting the move, this could be the start of the next big rally.
Ripple formed a bullish BAT | A good long opportunityAfter successful completion of a bullish gartley pattern priceline of XRP / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
But stochastic is strong bearish and has given bear cross moreover MACD is turned weak bullish from strong bullish, so here I would suggest to wait for MACD to turn back strong bullish or if the MACD will be turned strong bearish then wait for to turn it back to weak bearish or wait for bull cross from stochastic then take the long position.
The PRZ area should be used a stop loss zone if a complete candle stick will be closed below this area.
I have used Fibonacci sequence to set the targets.
Buy between: 0.25350 to 0.24754
Sell between: 0.25510 to 0.26309
Enjoy your profits and regards,
Atif Akbar (moon333)
When to buy Ripple, not wasting your time nowhi guys. in crypto world, we see lots of hope. especially, ripple.
people, buy at 0.25 dollar range, but it does not move so great. at the moment, price is capped, along the downtrend line, which could give a little pump upwards.
however, not great. compare that to EOS now. i am trading eos so great now, move is nice.
because why. because eos has hardfork on september 23rd.
then obviously, we have to assume coin moves on events. xrp, too.
xrp has swell conference november 7th.
it will move 2~3weeks in prior to that. that means, now, do not waste time buying ripple.
ripple needs long time consolidating, in weekly candles, before making great move.
buy ripple:october 10th~15th range(maybe little before, if cautious, but it will make bottom before making run)
sell ripple:october 29~31th one week prior to swell.
november 1th~7th. ripple consolidation time around high area.
november 7th~november 30th. ripple retrace time. margin short from high for 2~3 weeks.
so easy!
targets, no idea but we can think about 0.39 dollar area where weekly ichimoku baseline is at.
so don't waste time dealing with ripple. buy time will come.
XRPETH has an inverted H&S + volumeSurge In this recent sell off down to 10K s2r1 Has caused a circus jungle cluster fuck to say the least in terms of the altcoin market cap. Post sell off is always my favorite time to go “hunting” That is looking for obscure pairings that yield more ROI (in some cases in one hour) than your typical entry.
But you know the saying— easy come, easy go.
Do not get greedy and do not FOMO/FUD!
If you have already collected more than 35% + markup on a single entry and you’re an ema forex trader, then Quit while you’re ahead and move onto the next one!
Some other tokens to watch: $MCO $LINK $LTC $IOTA $TRX $ADA
I would not suggest pending against anything other than USD— So if all your TA is pointing towards what looks like an objective entry as mine has in the case of XRP/ETH — then by all means Carpe diem.
Do you know What differentiates a fomo/fud vs. an objective, analytical method?? Research. If all the indicators are present in your head & your thinking a particular entry == ready for a green light then if ur head is telling you to go for it, go for it. DO NOT Change your mind just because some douche with 1 million followers tells you otherwise.
Ultimately it’s your money and they like to pretend they know everything but In this game we are all weathermen and they don’t know anymore than you do—Assuming you know the fundamentals of forex.
With that being said here is my own technical analysis on XRP/ETH (short)
TP1: 0.00146195
TP2: 0.00148855
Stop @ 0.00142248
Disclaimer:
Not financial advise. Pairings against other coins/tokens are not encouraged and I would steer away from them unless you really know what you’re doing. We are already dealing with the most volatile & valuable global marketcap/asset (that’s BTC alone!) that never closes— This whole game is high risk high reward so don’t take any more unnecessary risks.
Set a stop loss and be prepared to shortsell.
-@a1mTarabichi
Opportunity of Grabbing a Succeeded of XRPa forming pattern could signal a new bull run for xrp, but more confirmation must be flop before we can be certain of this prolly new bottom. cause if this whole pattern shows up it is still a short consolidation for a new bull run to confirm. but yeah we shall monitor this and decide soon whether to go in or not.
BUY XRP/INR FOR TARGET 200Go Long for XRP/INR. Current Trading price is INR 20. Expecting 10X return in next 2 years. XRP is 5th Highest in Market Capitalization. Fundamentally Strong compared with other crypto Currencies. Only buy it if you want to Hold for 5-6 years for 20X return.
XRPUSD formed bullish shark | Upto 77% profit potential tradeThe priceline of XRP /U.S DOLLAR has formed a bullish shark pattern and entered in potential reversal zone.
From here it can hit the sell targets soon insha Allah.
The MACD is also turned bullish.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.30493 to 0.25690
Sell between: 0.35358 to 0.45584
Regards,
Atif Akbar(moon333)
XRP USD has completed bullish shark | A good long opportunityThe priceline of XRP / US DOLLAR completed a bullish shark and now entered in potential reversal zone.
From here it can move up any time to hit the sell targets soon insha Allah.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.30169 to 0.29559
Sell between: 0.30948 to 0.32418
Regards,
Atif Akbar (moon333)
XRP: This is what will happen should BTC hit new ATHs this yearI had previously drawn scenarios where BTC would take the "normal" route that we all know, where we'd see the All time high, sometime after the bitcoin halving.
But because this time BTC is half a year faster in the cycle than back in 2015/16, we would see the ATH already by late 2020, or early 2021.
However, as I posted previously, if BTC decides to do the gold fractal, and just continues pumping, this of course would mean in turn that XRP and the other altcoins would
also start pumping earlier.
BTC might reach the top BEFORE the halving in 2020, and it might become a "sell the news" event, where unexpectedly we'll see a price decline afterwards.
Should this happen, then BTC will break out at some point later this year.
According to the previous XRPBTC structure, we will see a new ATH in XRPBTC this time, which would be logical, since every new altcoin season, the alts gain more
versus BTC. BTC will see new dominance lows in the next altcoin rally.
Therefore a top of 0.0004 is likely for XRP. Now, if BTC goes to 100k ATH, it would translate to an XRP price of 40 USD.
We'll just have to wait and see how fast BTC is, to estimate the possible top. For BTC to reach 100k, it must not be faster than mid 2020 to reach the ATH, around the time of halving.
Should it be much faster, then the peak will also be lower.
We can experiment around with a few scenarios and come to the conclusion that the XRPUSD top will be anywhere from 15-20 USD for BTC ATH around 50-60k, up tp 30-40 USD for BTC ATH around 100k.
Let's see what BTC will do, and XRP will follow. The altcoins do not have a life of their own, please never forget that BTC IS KING. The alts are little sheep that only follow BTC. Therefore, we must keep a
close watch on BTCUSD and XRPBTC in order to determine the XRPUSD top.
Ripple will do an intermediate move soonXRPBTC is falling as I predicted here:
Now, many are waiting for the big ripple breakout.
When will XRP finally start to follow BTC?
Well, if we look at the volume profile and the big falling (bullish) wedge,
we see that there are basically two very important support zones.
The 1st one is reight now at this very level, at 2900 sats.
If we don't get a strong bounce here, I think XRPBTC will further decline to the next very strong support are, which is historic support.
The falling wedge would thus end in early 2020 at around 1000-1300 sats, which is very strong support.
I think that then we will finally see XRP rallying. The likelihood for a strong rally now is quite low imho, but not impossible.
We might get a smaller intermediate rallly up the the resistance of the falling wedge though. But breaking through that resistance: Not too likely imho.
But longterm, 2020, XRP will be pretty awesome.
W bottom — XRPUSDencrypted-tbn0.gstatic.com
W bottom spotted on XRPUSD clearly a great opportunity for a short to mid position now would be the time to make an entry.
Please read the disclaimer from previous post.
Target TP 1 & 2 (SHORT/MID) && STOP lines on chart.
Trade safe all! Cheers. Peace.
@a1mtarabichi
Ripple XRP wedge updateContrary to some uber ripple shills, I personally don't really like ripple. It's centralized, and stands for everything which I basically don't like.
However, I can't deny the brutal pumping potential behind this coin. In the past, it always was one of the best performing coins.
However, I am pretty convinved that it will NOT pump in 2019.
2019 is accumulation year, and many are disappointed the ripple didn't grow much, now that BTC went from 3k to 13k. Ripple in that same time barely moved.
Why?
Well, if we look into the past, it did EXACTLY the same in 2016-2017.
While BTC was already rising like crazy, it didn't move a lot. Instead, it was building a wedge from which it then would launch, over a full year after BTC had already started rising.
I think it will do the same again. Doing a wedge, like the one I drew, and then when most people are frustrated, and sold their XRP because it just won't rise, then BAAMMMM, it will start in
early 2020 to do a brutal rally.
Now, how high will it go?
If the 2017-18 rally was to repeat exactly like that, we'd see a 200 USD ripple. Now, before you brutally flame me as an XRP shill, let me say: I believe this to be unrealistic.
It will entirely depend on how high BTC will go.
If BTC goes to 100k, I think Ripple realistically would go to 30 USD, with luck 50.
If however BTC goes higher than we all thought, say 300k-500k, then indeed we could see 100-200 USD ripple.
But again, this is an ultra optimistic best case scenario, and we should not trade according to best cases, but more according to optimistic estimations.
I've bought quite a lot of ripple in the last months and I will add more, now that BTC might dip a little, XRP could hit 30 cents again. I will add to my longterm position when that happens and hodl XRP for 1+ year.
Because as Vespasian said: Money doesn't stink :)
$XRPUSD sees dbl bottom and parabolic upswing$XRPUSD is long overdue for a correction and we are seeing bullish divergence making an entry for a quick short position looking better with volume confirmation to follow. Trade set at neutral as it is too soon to tell for a long position could unfold. Time will tell.
Stop loss is present. Trade carefully. Will update with more info later.
Disclaimer
This is not financial advise nor should be regarded as such. Always invest carefully and make your own decisions with your own money. Have a great weekend.
XRP Bull Run is ComingXRP is looking good at the daily chart. RSI is in oversold zone and will make a double bottom before the parabolic move starts.
The immediate support, for now, is 3500 sats and 3000 sats. Possible targets are 5000-6500-8000-10000-13000-16000 sats. Bitcoin another pump or dump will weaken the BTC pairs of alts surely. Alts season will come soon
Ripple longterm bullish, but XRPBTC will first fall before riseWell here is a different picture on Ripple.
I am a longterm ripple bull, and believe we'll see quite insane XRP prices in USD in late 2020 and early 2021.
As high as 30 USD, probably higher.
But in relation to BTC,
I think XRP will first continue to decline.
Therefore the USD price will not pump much before 2020.
I don't see XRP going much above 1 USD in 2019. I could be wrong of course,
but XRPBTC seems to be in a giant megaphone structure!
The strong VPVR support is as low as 1k sats.
And we can see that every time, since late 2013 ( I drew the first peak from coinmarketcap data), XRPBTC has been doing the same pattern:
Two tops, followed by a long decline, going back almost as low as the lowest low before.
So from 10k satoshis, to a few hundred.
Then in the 2015-2017 rally, we see that it went from only a few hundred sats to 20k sats.
And now a very similar structure.
So it could indeed go as low as 1k sats before the big pump in 2020/21.
If we stay in the megaphone, it could maximally go as high as 40k sats (upper limit), but might of course be again "only" to 20k sats.