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Ripplebtc

$XRP - Previous resistance becomes support, correction finished?If you look back through the $XRP 4H chart you will see that previous resistances have become support. There was a drop to 0.0000825 (possibly a bull trap), but because of how quick it happened and shot back up to 0.0000843 it could possibly fall back to this area to complete the C wave correction. RSI uptrend is still in play, previous supports at 16.5 and 29.9 and a double bounce back up at 34.3. This could drop to 29.9 but the uptrend will still be in play. This is not trading advice, I use this as an education purpose and for fun. Corrective criticism is always welcome
by dowdall
$XRP EW Count 1H - OK here is what I am seeingWith the use of Elliott Wave count we get to see a possible pattern or direction in which $XRP is heading, a possible read on what's in store up ahead. With the help of fibonacci I see this being the possible stop off of a C wave correction. On a bigger scale this is not necessarily a bad thing this is a solid good correction and on a bigger scale we are still on track to complete a move up to 0.000100.. but this is for another day. A fight up might find resistance along 0.5 on fibonacci retracement. If it fails to break this resistance at an early stage we could see a longer correction
by dowdall
6
$XRP - Double Pennants potential big breakoutAs we can see labelled on the chart there is 2 Pennants but are they both bullish? When you take the length of the pennants flag pole and place it to potential break out area it is to give you a rough estimate to where it stops off to correct. But in this case pennant A's break out exceeds it's flag pole in length (up to 0.000087) and climbs up to reach 1.618 of the fibonacci extension (0.000090). With Pennant B, because it is bigger, I have a feeling Pennant A could be a part of it's flag pole, so this means the bottom of Pennant A's flag pole is also the bottom of Pennant B's flag pole. If this is correct $XRP is in for a big climb up possibly crossing over 0.000100
by dowdall
3
XRP / BTC - one more push up to confirm THE RETURN OF THE BULLS!XRP / BTC: it seems that we are currently putting in the waves D and E to complete wave 4 of one larger degree; this means that we'll soon be going up for a wave 5 to complete wave 1 of a larger degree. then down for a shallow 2 as this is in fact all part of a wave 3 of a larger degree, so brace yourselves! there are alternate counts that could possibly take us lower, but i think this is the most PROBABLE outcome. Happy trading and remember that the BULLS ARE COMING! :D
Long
by ilaxrp
Blackbox BUY signal on Ripple/BitcoinOn June 5th we generated a BUY signal for Ripple/Bitcoin BITSTAMP:XRPUSD . The Blackbox algorithm has a 50% chance of winning with a risk-to-reward ratio of 1:5 or better based on historical results in 80+ coins and more than 400 historical signals. The Blackbox is derived from 15 years experience from institutional trading in currency and futures trading and tweaked to harness the volability of cryptocurrencies. The algorithm is a proprietary, rule-based algorithm that generates buying and selling signals in cryptocurrencies for institutional finance and professional investors. Read more about the algorithm and register for trial access to the Blackbox at nordiccrypto.com.
Long
by UnknownUnicorn1604850
4
Ripple vs bitcoinCoin of the day is Ripple. While bitcoin is slowly gaining, altcoin markets went int correctional phase. Ripple – one of the coins that trying to separate itself from bitcoin, talking that correlation in XRP and BTC prices will not remain. Ripple CEO Brad Garlinghouse talks: "There's a very high correlation between the price of XRP and the price of bitcoin, but ultimately these are independent open-sourced technologies" "It's early, over time you'll see a more rational market and behaviors that reflect that." Ripple company classifies their product as a real-time gross settlement system (RTGS), currency exchange and remittance network. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source internet protocol, consensus ledger. Released in 2012, Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. Despite its distribution, one of the most dangerous shortcomings of this company is that, in its essence, it belongs to a closed circle of people who have complete control over it, and this runs counter to the idealistic concept of crypto-currencies. Latest news 4 June - After a delay related to security issues, the Japanese financial company SBI Holdings announced the launch of its crypto platform, writes CoinDesk. For now, VCTRADE service is only available to those who pre-registration took place in October 2017 others will be able to use it in July. In today’s statement, SBI explained that the first stage of the platform would provide services for trading Ripple. Bitcoin and Bitcoin Cash will be added shortly, but no specific time was announced. Technicals After an attempt to take 0.0001 level on 21.04 XRPBTC went into stagnation, slowly bottoming only on the 0.00008 level. At the end of the May, after the third dip, the price started to grow, crossing 100-days EMA on the way. Today, after SBI announcement, Ripple showed noticeable retreat after hitting 0.00009 resistance, though the volume on the upward movement was significant. Nonetheless, while the price holds above 100-days EMA and above Bullish Trend Line the bias stays bullish, and such rebound could be a good place to buy-in. Important resistances on the way up will be 0.00009 level, and a major resistance 0.0001 afterward. Support – Bullish Trend Lines and 100-days EMA.
Long
by DestinationMoonCrypto
$XRP H & S Complete and onto wave e UP UP UP 2H$XRP currently liking the climb of $XRP, recently I have been on the button with these calls so I'm excited to see how this next part plays out. We have completed the head and shoulders and on our way up. To get a possible Idea to where we should come to a halt and begin to fall back down, you simply take the length of from neckline/resistance to to tip of head and place it where the right shoulder extrudes the neckline. This is just to give you a rough Idea. Finally back on it's way to 0.0000900 sats? It could get close to 900 or it might just reach outside 860 - 880. On it's way back down I'm hoping for strong support before old resistance before coming down to test it.
by dowdall
5
$XRP Ripple - Double top Adam and Eves everywhere..On the 1 hour chart, I've noticed a pattern. XRP climbs up, corrects into a triangle breaks and drop, in which is forming a double top Adam and eve. For now it's ok, this could lead us onto our d wave and then our rise to wave e. At the moment, forming another triangle which could give us the "eve" top but which is usually followed by a drop. But if this shoots up out of the triangle formation I can confirm XRP is on it's way to wave e which is the real decider if I'm bullish/bearish on ripple.
by dowdall
$XRP Ripple - Are things starting to look "UP"? How I see $XRP forming out in the future to come (1 DAY CHART). An upward trend forming - It will be a slow climb at first but that's not all that bad compared to a spike up that retraces nearly 75% on the way back down and only lasts for less than 10 days. I see ripple finally making the climb up with a wave 2 correction nearly finished and a wave 3 brewing up. Wave 3 often the LONGEST but never the shortest so expect a big climb up to come. But with charts nothing is ever certain. This is not trading advice. This is only for education purpose and for fun. Constructive criticism is always welcome
by dowdall
$XRP Ripple - Starting to build on upward momentum?This is an early guess but I'm starting to see upward momentum building with XRP. It looks like to have finished a wave 2 correction which retraced wave 1 of 0.786 on fib retracement. If this is correct I see possible rise to 0.000150 sats over the next few days. If this wave count continues to stand corrected I don't see wave 4 falling too much because of wave 2 big retrace. This is not trading advice this is something I do for education purpose and for fun. Constructive criticism is always welcome
by dowdall
XRP will be ready soon for a markup.A look at XRP purely based off XRP. Just patiently waiting for XRP to complete it's accumulation. A bit of an early Wyckoff map, will update as time comes along Look like we are starting Phase B of accumulation. Where volume has picked up and there is some volatility. Im expecting another move to the downside for either another ST, or a Spring, followed by a test and then gradually into Markup. Targets will be provided when I apply other analysis to XRP. But for now, on the 4 hourly we have begun our early stages of accumulation. Will confirm to make sure that it is not redistribution as data comes along. good place to long would be the support lines as outline by the bottom 2 yellow lines. 7400-7600 sats
Long
by EnZo
XRP fractalsLooking at fractals on XRP. IF the fractals play out, expect a pump with in the next 10 days to around 1050sats. If this occurs, it may suggest confirmation of fractals playing out, and therefore, the next move would be to short XRP at around 1050sats. This short would be a longish term position, with a slow bleed playing out. If this move plays out, then I expect support to be tested at 4000-5000sats. Agressive play: long at current price with the expectation of fractals playing out, then close position at 1050 sats and open a short Conservative: wait to see if price pumps to predicted region within the next 10 days, and blue fractal plays out, as this would provide some confirmation of the fractals being accurate, then short.
by jl1998