XRP ANALYSIS: CLOSING IN ON LONG ENTRY!XRP ANALYSIS:
XRP bears are pushing back down into a well known support block. Im expecting one more wick to clear a double bottom right near 2550 - 2610 sats. This would put XRP right into major support and at a prime entry for long position. After entry, look for a push back UP towards T1 at 2760 sats, T2 at 2880 sats, and T3 at 3020 sats! If you notice, XRP has been bouncing back and forth between that daily resistance and the support. This is great time to play the accumulation zone. If XRP drops below support, this play is invalidated. Otherwise, look for entry as listed and take profit accordingly.
Possible Entries: 2550-2610 sats
Ripplebtc
XRPBTC forming bullish Butterfly | Upto 55% move expectedHi friends, hope you are well. In my previous post on Ripple with Bitcoin pair we have seen that the XRP had completed the formation of bullish BAT pattern. This chart was based on midterm 2 days time period and as per Fibonacci sequence of BAT I predicted that the price action should move up from the potential reversal zone of this pattern to enter in the Fibonacci projection area of A to D leg from 0.382 to 0.786 Fib projection level.
Then we have seen that the price action moved up and entered in the target sell zone and produced more than 38% profit.
A new harmonic Butterfly pattern:
This time again on 4 day chart XRP is forming another harmonic bullish Butterfly pattern and soon it will be entered in potential reversal zone to give another chance to earn more gains.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area now the last leg (C to D) should be retraced between 1.27 to 1.618 Fibonacci level.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern and its Fibonacci sequence should be:
Buy between: 0.00002272 to 0.00001974 sats
Sell between: 0.00002502 to 0.00003060 sats
So this midterm trade has capacity to produce upto 55% profit.
Stop Loss:
The potential reversal zone area that is up to 0.00001974 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
XRP-RIPPLE A VERY IMPORTANT factor that people are over lookingHi guys MartyBoots
In this Video I talk about XRP and a VERY IMPORTANT thing that 95% of the market are not talking about
This is very important and the first time in its history that this has happened on XRP
HAVE YOU GAVE UP YET ??? THEY WANT YOU TO BUT BE STRONG
XRPBTC formed bullish BAT pattern for another bullish moveHi folks hope you are doing good, in my previous idea of Ripple with Bitcoin pair we have seen that the XRP had formed a complete bullish BAT pattern and on 2 day chart. The formation of that pattern was started on 6th September 2019 and completed in December 2019 and we have seen that on 2nd Feb 2020 the price action moved up with the powerful divergence and produced more than 32% profit.
Another bullish BAT pattern has been formed:
This time on 12 hour chart after successful formation of previous bullish BAT pattern the Ripple with Bitcoin pair has formed another bullish BAT pattern and entered in potential reversal zone and ready to move up at any time.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.00002573 to 0.00002519 sats
Sell betweeen: 0.00002703 to 0.00002896 sats
So this short term trade can produce upto 14% profit.
Stop Loss:
The potential reversal zone area that is up to to $0.00002519 can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
Mega XRP short ideaRipple (XRP) is not a public blockchain, it is a private chain. Therefore, it should not even be trading on CMC.
This year we will see all the Alt(shit) Coins collapse. This is only just the beginning.
We can see a descending trend-line where the price has been rejected 5 times.
Short with responsible leverage as most cryptocurrencies are very manipulated.
Xrp ready to move from a 9-month consolidation to a strong trendXrp ready to move from a 9-month consolidation to a strong trend
In general, powerful bull acquisitions at record volumes closed most of the TOP violas after plums. and many of them to BTC has long looked very convincing.
Xrp has been accumulating a position against BTC for 9 months.
The last drain was redeemed by an abnormal volume (Marked in red oval).
A bullish trend can develop with sharp movements or smooth growth.
My opinion is that XRP is in sharp bull trends, and what do you think friends?
I think Xrp should be in the briefcase, especially when paired with bitcoin.
paired with the dollar, wrote a review on Friday, another breakthrough is the opportunity to buy a cheaper asset.
enclose a schedule
Friends, thanks for your likes and comments!
Good luck with trading!
XRP/USD - Level 0.12 broke the local bottom 2017 It's important how the day closes.
If it is above 0.15 cents, we can get the continuation of the movement to the resistance level 0.175.
Provided that the levels below are fixed, 0.148 and 0.135 are interesting to buy.
And at this level to decide on the future long.
The fall is finished on the paranormal volume. ( pointed arrow )
The most Important video of your LIFE - XRP and ALTCOINS BINANCE:XRPBTC
MartyBoots Here
This market is ready to explode at least the BTC pairs are. This will take time to play out so dont sleep on this and have patience
This is an educational video to show you why we are about to start ALT SEASON
PLEASE LIKE THIS VIDEO
THANK YOU
About RippleThe first thing to know is that Ripple is both a platform and a currency
The Ripple platform is an open-source protocol that is designed to allow fast and cheap transactions and it has its currency (XRP) but also allows everybody to use the platform to create their own via RippleNet.
What is RippleNet?
RippleNet is a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to provide a frictionless experience to send money globally.
Moreover, the platform allows you to make payments in any currency including Bitcoin and have a minimal internal transaction commission of $0.00001, yes that’s the right amount of zeros. The only reason it’s not free is to prevent DDoS attacks
Ripple's potential status as security has been a subject of debate for years.
XRP token has a strong connection to the fintech company Ripple, who has long been arguing that the XRP token is merely an open-source technology and that they have no control or influence over its price. They have also gone on record stating that they have not manipulated the price of the token in any way.
In addition to centralization, today it is pretty much a monopoly as Ripple Labs owns 61 percent of the coins.
It is important to note that the American Exchange Commission appears to regard XRP as a security.
So, is XRP security? The answer remains unclear, and will likely remain this way for many more months.
Unlike Bitcoin or Ethereum, Ripple doesn’t have a blockchain. Ripple has its own patented technology: the Ripple Protocol consensus algorithm (RPCA).
What is Ripple used for:
- low commission currency exchange,
- fast international transactions. Average transaction time is 4 seconds,
- payment ecosystem. Users can issue their currency for fast and cheap transaction.
Which banks support Ripple:
- Santander,
- Axis Bank,
- Yes Bank,
- Westpac,
- Union Credit,
- NBAD,
- UBS.
Ripple recently inked a partnership with Dubai-based National Bank of Fujairah (NBF)
Although there is a long list of very respectable banks that are planning to use Ripple, according to the Financial Times most of them are still on the testing stage. The few who transact real money use the platform but not the token. So, perhaps banks “are not that into Ripple”.
Why is Ripple criticized? It can freeze your transactions. The biggest example of this is when Jed McCaleb, founder of Ripple Labs, tried to sell more than a million dollars worth of Ripple. The transaction was reversed. There are rumors that Jed breached the contract, but even though, the very possibility of freezing a transaction is against basic cryptocurrency principles.
Today we add to our portfolio XRP
Best regards EXCAVO
ridethepig | XRP Slingshot !!What a terrible week for Cryptos. Markets were in the mood to get out of any high beta positions, XRP was no exception. We also had to contend with month-end portfolio rebalances and excess USD demand. The complete retrace towards 0.25 - 0.24 has led to a series of stops and XRPUSD has managed to find a fresh bid. Central Banks are going to provide respite this week, while the virus spreading and awful data from China will control the ebb and flow.
Coordinated policy response is bullish for all cryptos, I am not sure it will provide more than a s/t relief for cryptos as rate cuts do not really help while large workforces are in shutdown! Remember we are trading perception, it is more important than reality. I would recommend buying on this dip, important to note my risk appetite is extremely negative at the moment... remain nimble if we break the channel!
As usual thanks for keeping your support coming with likes, comments, charts and etc!
Ripple boizXRP has engaged in a strong horizontal support, this is a good sign. A drop may precede a pump, so don't be shaken out! A bullish exaggerated divergence can be observed w RSI and price action labeled (x) a bullish ichimoku cross can also be observed, price tends to pump through these crosses. I like to call them equilibrium crosses. Also setting up for a golden cross on this daily chart which looks nice:) Lets see where this goes!
XRP - RIPPLE --ADEM AND EVE DOUBLE BOTTOM- ITS MOON TIME FOR XRP MartyBoots here , 13+ years later and I'm still trading the markets
Please give the THUMBS UP to support my work . Thank You
XRP - RIPPLE --ADEM AND EVE DOUBLE BOTTOM- ITS MOON TIME FOR XRP
Do bot miss this , my last XRP alert made 40% profits
Enjoy the video and please Like and follow for future videos
XRP moving as planned before REAL BULL MARKET --ALT COINS UPDATEHi I am MartyBoots and i've been trading the markets for 13+ years
Please give the THUMBS UP to support my work . Thank You
XRP has formed a beautiful bottoming pattern , these opportunities dont happen often to get in on the lows of stocks or coins that have serious potential to move into a bull market . We need to grab these opportunities with both hands .
XRP has set up after the long bear market and is reacting normal after breaking out. In the video I show you the likely way XRP should move .
I also Talk about Other ALT Coins such as LINK , EOS and more .
The S&P 500 is also mentioned
Enjoy the video and please Like and follow for future videos
Of course none of this is investment advice , I am just telling you what I am doing .
XRP ANALYSIS (TREND LINE BROKEN!)XRP ANALYSIS:
XRP has now broken below the trend, and also below the 200MA. This is a bearish signal here and expecting XRP/BTC to fall back into support near 2500 sats. Volume is slowly declining and 100MA has again broken below the 200MA. I do expect a strong bounce off the support line, but until we get there I do not think it is smart to take a long just yet. If XRP does manage to break back above the trend and 200MA, then we can turn the call into a long. For now, this is a short signal to wait until entry at or near 2500-2600 sats!
Possible Entries: 2550 sats
XRP Strong Horizontal SupportA strong horizontal support has formed however i see further downsides for xrp, as it is sitting underneath the gaussian channel, which is now a resistance. Entry zone is for margin traders. If you have a large enough margin you can probably survive the drop. For anyone that wants to go long.. go long already!