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Ripplebtc

XRP BTC Potential Breakout on 4H chartWe had a strong breakout with high volume, I will be placing a buy order at the previous resistance of 5700k sats. If we retest this area and create a higher low then my sell target will be at the next strong resistance zone (7000k sats) If it breaks down back down below the 5700 support I will have a tight stop loss at 5500 (about 3.5% potential loss). It is likely to retrace to this level as it's well oversold on the 4H RSI, however, If it does not come back to retest the 5700 zone then I will move on and forget about the trade. This is a nice risk to reward setup of about 6.5 to 1.
Long
by KapitanDave
XRP - Can the history be repeated 3 timesIn short: We saw the (almost) same pattern 2 times, now we got to the point where it could repeat. Just comapre the number I wrote on the chart and you'll see how similar it is. Indicators signing a bullrun: 1. MACD is going to cross. It happened few time before and we saw how much bullish this sign can be. 2. RSI reached the lowest point ever. It's a bullish indicator since we saw what happend the last 2 times it reached this kind of low. 3. 200 EMA started to bend. This means that 50 ema and 100 ema will have an easier time overpassing it resulting in a hard bull signal in just few days. The 50 and 100 EMA crossing the 200 EMA will be like a magnet for investors since it's a sure entry point. If it repeats the same pattern as last 2 times, XRP will soon get to 20k satoshis with a possibilty to surpass that point and go even higher. The only resistence now is 20ema. Once passed, it could go up like crazy.
by Shywado
3
Missed Trade -BTC Gravity - Bought XRP Today- GOING UP!BTC has been moving all over the place over the last few days. Ripple did the opposite of Bitcoin for the most part - but has still kept a respectable value versus the USD. Ripple is undervalued in USD as well relative to BTC - we should see a migration of capital soon. XRP has not been spectacular on its own - even though recent newsreleases has been positive. XRP needs to begin outgrowing Bitcoin or this cycle will continue. Bitcoin going down would make XRP rise against it without the need for more XRP demand. BIT will likely make its way down to 7800 before bouncing back up - this should provide XRP with a spike in price - and more interest in trading. We should see 57k sats soon and possibly the mod 60k sats by the end of the week.
by rgeddes
1
Ripple to 57k Sats TodayXRP against BTC has been for the most part doing the exact opposite of BTC. The strength of Ripple isn't enough that it can trade independently of BTC so it is somewhat vulnerable to the movements of BTC. It looks like BTC will correct itself before taking another run at $8400 - this means we will see XRP hit at least 57k sats as the price of BTC falls. Once we hit 57k sats we will need to evaluate. It looks like BTC has positive momentum even if its looking at a short-term correction. This correction will increase the value of XRP and hopefully encourage investors to buy and hold before BTC takes off again. I'm a long term holder of Ripple - if you're not - today might be a good day to explore holding some!
by rgeddes
XRPBTC: Can XRP Prove itself?Hi All, Hope all your trades are going well. It's all in the chart. RSI: Shows Oversold Probability: Uptrend Reversal, depending on BTC trend. Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss... 3-5 Bar Declines: it's an indicator to - Buy 3-5 Bar Increase: it's an indicator to - Sell Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me and like this post if it was helpful, and thank you all... Like the Phoenix we will rise from the ashes... Happy trading People...
by letsgetit
2
Missed A Short Position But It's Okay - Ripple Ready To BreakoutXRP looks like it double bottomed and is poised to reverse against the BTC. Since the last chart BTC has appreciated significantly which hasn't correlated well for Ripple yet. We havent been doing terrible against the USD - BTC is growing faster than Ripple at the moment. I say at the moment because usually BTC appreciates and cash flows out of it and into the ALT coins - XRP hasn't seen the volume yet - but with the double bottom reversal, we should see a gain of 30% bringing us above 60k sats. If you are a believer in Ripple - I hope you are taking positions at this level - we're ready for a breakout.
by rgeddes
Ripple Will Rebound Today!!I mentioned in my last analysis how I took a big stake on a short trade and forgot to hit the sell button... Well, my new long position has dropped significantly over the last day relative to BTC who looks like its poised to challenge 7800 again. On the XRP/BTC chart, it looks like we've stopped the decline and are ready to start gaining more momentum. I expect a turn around over the next day to at least the 61k sat level. Im taking another position at this level - im confident a turnaround is around the corner. Do some reasearch on Ripple if you havent already - its one of the best buys in crypto right now.
by rgeddes
3
Significant Ripple Short Turns Long - I Heart XRPI have a paticular fondness for XRP - I bought it early on because it seemed credible - and ive been happy with it. I don't chart every trade I make - paticularly short trades. I lined everything up perfectly - I got my price. I forgot to execute the sell - so I missed my exit. Oh well - more Ripple. We are in a much better position than we were last week. It looks like Bitcoin will take another run at 7800 and Ripple should benefit from this. Against Bitcoin Ripple is looking like its going to crack. Im bullish on it and am glad I took another position before the next rally begins. 63k sats in the next couple days.
by rgeddes
1
XRPI wish I had a really good reason, but I don't. Yes, buying XRP contracts. Starting to buy XRP for a long position here. Averaging down to the lower red support. I will stop out if we break below that convincingly. Horizontal and Volume support level here. Bullish divergence on RSI, and CMF (slight) I am pyramiding these buys and keeping this to a small position (less than 5% of total account) Profit targets are previous highs over the past 8 months. With a stop below the lower Horizontal(red) R:R is 5.51 for 2nd to last profit target. Worth it. Could be played more conservatively and take a larger position with a stop below current Horizontal. These are a record of my trades. Provided for educational purposes only.
Long
by Nevermorejk
5
Ripple - Running With The BullsFirst we hit .51 then .56 XRP did a very quick turnaround before pulling back slightly. As you can see XRP is still very much following the patttern that I charted days ago - except with more speed and volitility than predicted. Ripple is still very much tied to bitcoin - but other coins like XLM have proved that that relationship can change and a coin can break out. With the bullish momemntum returning we will have to break through .51 and .56 before we move on. Ripple will likely return to .80-1.00 during the next run before there is a true correction. There is still plenty of upside for anyone looking to invest in Ripple.
BITFINEX:XRPUSD
by rgeddes
1
The Spike: What Ripple Will Do NextIts amazing how quickly things change in the world of crypto. Since my last chart XRP has completed the entire pattern that I thought would take at least a week to play out - played out in a matter of hours. Now that we are moving sideways at about .51 it appears we will move up to the .54 if not the .56 in the next day or two of trading. I'm sure some of you thought we would never rebound - but were just getting started. XRP should easily find its way over a 1.00 in the coming months - its still a great buy even at these prices.
BITFINEX:XRPUSD
by rgeddes
Another Dip In The Pool Before We Dry Off - Ripple!I predicted a drop down to .43 which we've hit for a second time in less than two weeks. Ripple seems to be following BTC much like the other ALT coins. This is regardless of any positive news - its not a reflection of the Ripple project. Cryptocurrency unlike stocks do not trade on a price to earning basis so valuation. Ripple is difficult to evaluate with traditional means. I evaluate Ripple this way. BTC and ETH are expensive and can't double or triple as fast as XRP can. Ripple is not simply the world 3rd largest cryptocurrency - its also bigger than the 4th and 5th put together. This short term consolidation happens every year. This year with institutional money getting ready to buy in - many people are still predicting a 25k bitcoin by year end which would mean XRP would be measured in dollars. This is speculative of course - but so is everything about crypto. Right now we are playing the same games as BTC - banding between about .50 and .43. Its unreasonable to think the market wont pick a direction at some point - we've been in this area for a long time. In order for XRP to go up - we need more btc support - and we need enough confidence in ripple to break through .48 and .50 convincingly enough to stay above .50. We are still very much in a buy situation.. One day of gains can turn this whole thing around..
BITFINEX:XRPUSD
by rgeddes
1