Ripple - XRP vs Bitcoin Hello Traders, we have a Trade Idea for Ripple - XRP
Currently we appear to be in a 1-5 Wave structure. Currently on our Wave 4 of 5 before another leg up.
Ripple is currently within a Falling Wedge structure within our 0.618 Golden Zone of our Wave 2-3.
Expected upside for XRP once we breakout of this Wedge
Stops to be set at 4500 satoshis.
Ripplebtc
Ripple (XRP/USD) Very Important Level!At the moment we could see that we are on the trendline cross area! The price may go either direction but like You know the market may start to make a little correction! The price is currently between the two round numbers which are $0.3 and $0.4. At the moment, it found a resistance from trendline which is pulled from 04.07 and if the down pressure stays on the price then we break the minor up-trendline and we will see a movement downwards.
If we start to move downwards then our next stop would be $0.3 there is a round number 0.3 and a Fibonacci 62% retracement level! This area has to hold us, IF not, then next stop would be $0.25 where we see a double bottom! But let's see we keep on eye on the Ripple price and we try to give You some updates about the price action!
To be bullish - then we have to take down the minor trendline sine 04.07 and from there it's almost a clean road to the $0.4-$0.42! Above the $0.42 is the very strong resistance levels! If we break upwards then the road to the higher levels could be very-very hard!
Check the full crypto analysis - the link is on the profile!
Have a nice day!
$XRP looks ready for the second leg target of 6500 satsTight consolidation after the impulse move to 5700 sats. Broke to the upside - now looking at 6500 as the AB=CD measured move. Lines up with the next obvious swing high too (i.e. stops above = liquidity).
XRP/BTC support and resistance levesthese are the support and resistance levels for the XRP , it made a big move from few days and now in a correction as we see it has good targets now it make a bullish pattern in my opinion it will finsh its correction soon and will be ready to go up , this level is very very good to buy and hold for running up . stop lose will be close 2 candle 4 hours under 4800sat.
( make your own analysis )
good luck .
RIPPLE: 3 NEW PARTNERS + CHINESE MARKET ENTRY? - PROFIT = 33.95%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 33.95% PROFIT!
The increase in price may also be explained by positive developments including:
July 30: A new Ripple (XRP)-based decentralized crypto marketplace, DCEX launches.
August 3: Coinbase Custody Considers Addition of 37 New Assets Including XRP.
August 8: Cryptocurrency exchange and wallet service Bittrex has announced plans to launch U.S. dollar (USD) trading pairs for two new cryptocurrencies (adding Ethereum Classic and XRP Trading Pairs).
August 15: Ripple is considering breaking into the Chinese market to apply its distributed ledger technology (DLT) to cross-border payments
August 17: Ripple's xRapid brings on 3 new exchange partners. The 3 exchange partners include: Bittrex, Bitso and coins.ph. The new partners will enable Ripple’s xRapid payments solution to move between XRP and U.S. dollars, Mexican pesos, and Philippine pesos respectively
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
Time For A PayDay Loan RippleWhile I dont advocate using any type of leverage if you can't afford it - its getting hard to see the price of Ripple as anything but a cruel reminder we will have after the fall runup.
Ripple is a deal anytime its below a dollar - lately its been worth about .50 before this dramatice plunge.
Don't fret fellow XRP holders. I know how easy it is to sell at a loss. Remember - these markets are cyclical and Ripple is the third biggest crypto.
Bitcoin went from 6k to 8k back to 6k again causing all sorts of havoc on Ripple. Don't let short term volatility fool you. This is a time to buy - go to mexico for a week and sell when you get back.
Ripple will be above 1.00 before year end and we'll look back - just like we look back at $10 bitcoin and kick ourselves. If you look on a year after year basis like any other investment - me and ripple are good..
Time To Short Ripple XRP AgainDISCLAIMER: Please note that my trading approach is trend following . I try not to make predictions. When I see momentum developing to a direction I try to be one of the earliest participants. And when I see that momentum fades away, again I try to exit as soon as possible. I don't try to catch the bottom or the top. I don't try to be right, I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts .
Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.
Bullish momentum that led me to long POLONIEX:XRPBTC proved to be a false breakout and here I change my position to Short .
We have three major supports to break:
5000
4500
3700
As usual, we have to admit that we can be wrong and place a Stop Loss accordingly. My initial Stop Loss will be at 6200 satoshi.
The Ripple Effect - Short Term Rise - Short Term FallXRP has been volatile over the last few weeks against the BTC.
Today XRP will rise in the short-term as BTC moves sideways and downward. Some expect BTC to drop which would help the price of XRP - but I anticipate BTC rising back to the 7000s in due course - which would likely push down the price of XRP.
We're going up in the short term - but get ready for a slide as BTC rises in the very near future and Ripple take its time catching up.
Was Correct About Ripple Dip - Ripple Rebound ForThe Short Play!XRP behaved as expected. Many people are quick to call tops without calling bottoms as well. Thanks to everyone who send me a message telling me about your profits! I hope everyone continues to make smart trades.
If you are holding XRP right now the only smart move to make is to switch to another currency you are positive is going to grow faster than Ripple - or wait.
As a professional trader I spend weeks or months waiting for assets to get to where I want them to be sometimes they are in the negative for most of that time. Crypto is a thousand times the speed of any other asset class - in a market that doesn't sleep. Some describe month long holds as "longs" whereas in other markets that would be a very short horizon.
In part due to the fact that the market never closes and also because there are no regulations against practices that are banned on regulated markets - Ripple sometimes trades its worth - other times it pauses before catching up. Ripple has an inverse relationship with Bitcoin whether we like it or not.
BTC appears to be tracing the bottom right-hand side of an inverse head at shoulders pattern. BTC is currently trading at $6500 and will rise to $7100 again by Aug 10th.
Ripple will gain momentum thanks to BTC and should quickly move back up to the 5700-5800 range from the BTC pressure alone. With the added momentum, we should see 61k sats again in short course.
I still believe in a $2 Ripple at some point this year. Summer trading has traditionally proven to be rewarded by the major gains seen in the fall!. Ripple is a good buy right now on the short play - or to add to your portfolio of "long" positions - the price is right.
Ripple Finally Safe To Buy/LongMajor alts have been showing strength for the last couple of days and Ripple POLONIEX:XRPBTC is the first one that gave a Buy / Long signal since mid June. We're still in a bear market and don't get your hopes too high for this move. But we can open a position with low risk.
We have 3 major resistances ahead:
7000
8300
9000
Let's watch these carefully for possible reversals.
As usual, we can be wrong and trading is about being profitable by keeping our losses small. My initial Stop Loss will be at 5571 satoshi .
RIPPLE/BITCOIN Since mid-April, we are in a descending trend.
There is a formation of a downward wedge, the breakdown of which will lead to a change in the trend and a price reversal.
Daytime indicators from 24/07 show the market turn.
It's better to enter the market and wait for a breakdown, placing stop losses under 0.000054.
The Ripple Turnaround - XRP Should Be $0.50Ripple has been great the last week, After falling from 6100 to the low 5000s XRP has made its way back above the 61k sats line.
BTC has been moving sideways which has allowed XRP the ability to pack on the value.
It looks as though BTC will see another fresh injection of cash and will go up in price for at least the short term.
XRP will likely react by the price dropping to 57k sats before recovering and moving back toward the 61k sat mark and above.
Ripple still feels undervalued relative to the USD and compared to its competitors. A slight correction and a turnaround should have Ripple back up in the $0.50 range where it "should be".
Ripple - decision time approaching soon As predicted on the July 18, the #Ripple got rejected at the key resistance trend line and made a series of new short-term lows that placed the coin at the lowest levels since December 2017. Meanwhile, the #Ripple is still trading below the trend line but it now approaches it for another test after recording a positive day or two. The coin found buyers at the 78.6% Fibonacci support line and it rebounded, breaking the habit of creating short term lows. It is approaching the key resistance again and it is quite simply - a decision time. Another failure will most likely prompt another low while the break of the trend line should facilitate a higher move to the upside, as many bears have their stops placed above the trend line. IF you are looking to go long, wait for a break and close above the trend line before entering a trade with a stop below the trend line on a closing basis.
RIPPLE--SOMETHING EERIE with all ALTS. PARABOLIC SAR DAILY.I am noticing something eerie with all of the alts.
I believe we are on the brink of a massive bull run .
The likes of which we have never seen nor could have enough time to prepare for.
My previous BTC long chart shows Parabolic SAR trend change on the weekly.
Now I am seeing Parabolic SAR trend changes on the daily for alts which were previously bearish for months.
WHAT IS PARABOLIC SAR?
It makes little dots on top of candles (bearish) and below candles (bullish).
Parabolic SAR is a TREND CHANGE indicator.
And a big one at that.
XRP BTC in Bittrex shows a daily trend change with the first dot starting EARLIER this year JUST LIKE Bitcoin last year.
Hold onto your pants.
We are going to the moon.