Ripplebtc
Could XRP about to FLY.XRP on the 4HR - 20, 50 and 200 MA are below price and acting as support. Last time this happened the charts shows we pushed on hugely. Once again this is the case.. Red zones are resistance. We could be about to surge towards $0.55 is this is the case. All 3 MA are pointing to the upside movement.
XRP / BTC Failed Ascending TriangleExpect a bear run for XRP/BTC pair as the failed ascending triangle has been confirmed.
There is a possibility that the trend line has moved but until it shows me otherwise, it seems like the triangle breakout has failed.
MACD line seems like it will go below 0 and histogram seems like the red bars will get greater.
I'm setting the target to 0.000055
XRP could not break $0.46 POC!XRP continued to have trouble getting above the $0.46 POC level and as Bitcoin fell this morning it dragged Ripple and the rest of the market down with it as we had mentioned in previous posts.
We have however bounced right at the bottom of this demand block and moved back above. A close above here on the daily would be very good for bulls but at the end of the day, we NEED to break this $0.46-$0.48 resistance zone.
The EMAs are starting to curl lower and a bearish crossover wouldn't be too heartwarming for bulls. As long as we remain support here at this order block, we are still good.
Thanks guys!
XRPBTC RIPPLE WOKE UP! GIANTS TIME!XRP bounced very nice.
Today looks like will close with a nice hammer.
Very confident if close daily above 0.0000705.
After low cap coins moved so well this days, it's time for the giants now.
Me, personaly, if XRP close above 0.0000705, with nice hammer, I wil put SL at 0.000069 (my entry). GL!
TARGETS:
(1) 10%
(2) 20%
(3) 30%+
XRP final safe entry!Alright this play would mean bitcoin isn't going to break new lows. We don't know that yet and since I have a bullish bias I have already been longing xrpusdt pair for some time now. I decided to reanalyze btc pair. This is a weekly chart and its uptrend is one of the beautifully held in the crypto space. That usually means things that us normal traders/investors don't know something. Basically it looks ripe, has been releasing massive amounts of FA (they are completely owning the crypto space), and there's new coinbase hype "Coinbase Custody has obtained a license under New York State Banking Law to operate as an independent Qualified Custodian". In further analysis of what products will be listed you can see xrp is one of them. (Link in description) If bitcoin doesn't tank, I can see xrp staying in a bull market while everyone assumes it will be listed on coinbase. This could be even better than an immediate announcement (less pump and dump). Xrp is a momentum play so good luck catching it once it takes back
off.
So a buy limit above white line and then a stop placed under would seem pretty safe.
Disclaimer:
not investment advice DYOR
target 3 is highly unlikely but I do see it going well beyond their someday in xrp's future
$XRP #XRPBTC Extensive Technical Analysis - Day Trader ExplainsHello Lads and Ladies,
Welcome back to TJs daily TA, this time requested by the Elite Trading Group of Cryptic Block Trading, we are taking a look into XRPBTC and see whether is it a good idea to enter a long or a short position here or maybe set up orders at safer points and wait for them get filled.
Lets begin now. You will see me using a lot of trend-lines, trend-angles and horizontal support/resistance zones.
We are taking here the approach on the 2h to have a nice mid-term analysis of XRPBTC. We have seen an insane pump of XRPBTC and to be really honest, for me XRPBTC is the new high cap pump and dump coin, which is kind of nice because it has the volatility that we normally need to make trades on a daily basis, yet again it brings a lot of risk with it and requires a very strong eye and understanding of everything what is happening and what it is approaching from a technical level.
We can see indicated in red colour, the strong downtrend with exactly the same angle for support and its resistance (simply draw the obvious trend line, then clone it to have the same angle of it). We can see that during this downtrend XRPBTC has had some small bounces at major support zones, nevertheless, it just continued down until after the "big crash" and then, after liquidating a lot of people it started a new uptrend and broke out the red downtrend.
Currently we are in the green indicated uptrend channel, where as I indicated the up trend resistance (which again is a cloned trend line, so we have the same angle) not as strong as the actual uptrend support, since it has been confirmed only with a few wicks and the break of the next resistance zone and basically the "confirmed break out" would then most likely push through that uptrend channel resistance (indicated slightly in green).
So, what do I think is most likely to happen?
I believe, we will stay within this shorting zone, have a double top or even a triple top formation and then head back down to the channel support or even to the next horizontal support again (which you can see as the top and the bottom the green support zone). The reasoning for this is, that we have not the best average position for a natural or slow angle-followed increase for XRPBTC. Basically, we need to come down a little more and then have a nice and really strong entry to open a long position. Especially, since we are in and very near the shorting resistance zone, I would rather tend to open a short, stagger up shorts and have a SL at the yellow horizontal support.
Here is the reason why. I said before, that we do not have good position for a slow angle-followed increase of the price BUT we have a nice position for a sudden impulse move.
So, why not long if there will be an impulse move? Well, pretty easy, predicting an impulse move correctly has a chance of less than 25%. Moreover, this impulse move AT MAX, from the position that we are at right now, would most likely go to exactly the crossing of the uptrend resistance and the yellow horizontal support because we would have at least two obvious groups of traders having A LOT of short orders sitting there, the ones who see the trend angles, and the ones who see the horizontal resistance, also us who identify both groups. In addition to that, we would have a lot of indicators in the over bought area and add people who are shorting.
NEVERTHELESS, there is a chance that XRPBTC will just continue pumping and get to the next horizontal support, but I would identify this chance at 10% probability of actually happening.
Now, the potential trade and trade set up (note, this chart is on Bitfinex, not on BitMex, of course we want to short on BitMex and would take this chart only as a reference).
SHORT XRPBTC (at max 10x leverage, since Stop Loss is near).
Staggers - 7200 - 7300 - 7500 - 7750 (double stagger of course e.g. -> 1 2 6 24)
Targets - 6900 - 6650 - 6450
Stop Loss - A CLOSE above 7800
Based on the TA above you could also consider to start longing with the first stagger, at 6650.
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XRP $10 end of 2019..Long forecast for XRP and the $10 prediction in place. 210 days of a downward trend followed by a 287 downtrend, where we reached the ATH of each downward trend within 1 week. XRP has the most potential due to the fact they are gain partnerships weekly and seem to be the most active crypto on the market.
Ripple (XRP) Is basically free money right now. 5225 target.The last two trades, I have perfectly called the BTC bart and have failed in calling the exact location of the Tron bounce. It did bounce however.
Please view them in the related ideas section. Also check out "btc chinese". Prediction done by Xue and I. Xue is in on many Chinese chat groups and can see what positions they are in.
Right now, it is a wise decision to open a short on XRP. It has broken crucial resistance and will now correct to its price before the bounce. If you short XRP it is so easy to make money. All you need to do is wait.
The max XRP can go is 16% from here, so make sure your liquidation price is not below 8000. Just add if it hits 8000, as that will 100% be the top unless Bitcoin starts breaking new highs.
I personally am short XRP since 7000. You can open a short position here with a stop loss at 7500. I know you are exposed to a lot of potential loss but just add if it goes up, it should not break 8000.
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XRP possible break back up to highs?XRP has bounced making a higher low after hitting the previous swing high (dotted line) and is now attempting to break above resistance.
The EMAs have crossed bullish and continue their uptrend BUT the fast-moving EMA is giving hints of stalling up here. We initially tapped the 50% FIB in the supply zone and are curerntly having trouble getting back above. A close above this zone will be bullish and put us back in the range before the break down. A failure to push higher here could results in a move back down to the trendline support.
If we do break down from the trendline, we can clearly see where the POC area is for the next bounce spot around $0.33.
Thanks guys!
Ripple was saved by big brother Bitcoin! XRP was looking bleak over the weekend and might have very well broken down to make lower lows but the Bitcoin pump helped everyone out. Ripple popped all the way back into the large POC resistance area before getting shot back down near the breakout zone.
Check chart for annotations!
Thanks guys
XRP/USD A trend from the pastRipple made us happy with a green line in the quotations rates in the first month of autumn. Many experts say that it's time to buy Ripple and wait ... for that very hour when it makes a hit again.
Such a sharp rise in prices is explained by the positive XRP news background. Ripple representatives said that a commercial version of the xRapid payment platform may soon be launched. Besides, it has become known that an American bank which is one of the top 10 largest banks intends to use RippleNet to process international payments of its customers. The technology being applied in practice is a positive factor for the reputation of the project.
Until today, the price chart has attempted to settle in the rising channel, which originated in 2017. However, today we have seen a breakout of support and a decline.
Based on the RSI, the overbought decline can give a new impetus to growth, and, globally, we will see attempts to settle in the rising channel.
In case of a decline, the next pattern target can be 0.36. Intermediate targets at the top are 0.6; 0.75 and 0.96.
We currently recommend buying from the level of 0.42. The transaction target is 0.46 and 0,51.
Instead of a stop order, we would rather use "averaging", because the stop orders are being hunted. We will add levels for averaging to the update of ideas if the market continues to decline. Please, note that it is a high-risk transaction.
We are going to regularly update our short-term recommendations on this tool. We are going to inform you of the transaction entry level, the stop order level and the target for taking profit.
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