Ripplebtc
XRP Breakout Incoming?XRPUSD with strong rising support on the 200 daily MA. This is making a nice base for a potential wedge breakout, could push the 0.236 zone where we start to see some major resistance. Downtrend line has been touched multiple times, traders are watching this. Watch the 200 MA and downtrend line for a breakout.
XRPBTC seeing support around 88sats, wedge breakout looks possible on XRPBTC. I find a wedge pattern on a USD and BTC chart make for a bullish trade opportunity. XRPBTC with resistance at 110k sats and then 140k sats. TP at both levels.
Ripple in the same Breakout Pattern as in December.Hey, I am back with another Technical Analysis, looking again at Ripple.
I was looking at Ripple few times before, each time before Ripple was looking ready for another moon shot, but have seen only few % grow.
As I was looking at the BTC chart I knew I have seen this same pattern before..
So I have opened a XRP/USD graph and it looks like the same old good pattern, this time not that long (12 up to 21 days compared to 200) but anyway it can lead to an first impulsive wave than can lead to a breakout.
Ripple is great utility coin that is being adopted so far by Japanese and American Banks, Walmart and Apple.
The only thing is that reportedly, 60% of coins is held by creators.
Taking look at the chart.
There is a clear pennant being formed, compare it to the last one that ended up with huge breakout.
Taking look at the Indicators.
BB - Shows great volatility, staying in the Triangle for now.
MACD - Undecisive.. Keeping it real, staying in the triangle, no major movements should occur as sellers and buyers are almost at same level.
RSI - Whenever was Ripple low on RSI, always have seen pretty pump, that shows demand for this coin. Again going crazy, once up another time down, good for this pennant. 52 being the key level.
I think thats about it.
Hope I made your view on whats going on with Ripple somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
$XRP Ripple is the wave count really finished?Ripple could be still in correction wave 4 and about to move up on wave 5. Here is a chart on where I see Ripple $XRP going if wave 5 is about to start.
This is never trading advice. I do these charts for fun and to learn.
If you wish to follow me on twitter my handle is @CryptoDowd
Ripple Scratching It's Head... What to do next? Ripple has settled down after its last rally and is looking to make another move.
Looks like if our support @ 10400 satoshis doesn't hold we're going straight back down to 7000 -ish satoshis area, but I'm leaning towards a more bullish scenario.
XRP ] Itself doesn't show any strong signs of slowing down and the entire market is overall bullish in my opinion.
Some targets because why not
10400
12400
14000
If Ripple decides to take the bearish route I'm setting my buys in the 8000 - 7000 satoshi range.
Lemme know what your thoughts are
XRPBTC Bittrex 1D up to 02MAY18 Trading Analysis (TA)XRPBTC Bittrex 1D up to 02MAY18
1D Chart, at this time the Ripple (XRP) has been floating on SUPPORT ZONE 2 for a couple of days after RESISTANCE ZONE 1 became into SUPPORT; the 50,100,200 MA indicator moving into an ascending pattern with a slightly move between the 100/200 Days Signals (Blue Arrows), the RSI (Green Arrows) is moving below 20 trying to start an ascending pattern and the MACD even though is steady eventually could find its way up in the following hours (Blue Warning Sign), if this keeps this way will meet again RESISTANCE ZONE 2 to then move forward, but keep always in mind that also may go down. At this time the Market Cap in hovering the 428 Billions. Good Luck!
Gráfico 1D, en este momento el Ripple (XRP) ha estado flotando en SUPPORT ZONE 2 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en SUPPORT; La señal de 50,100,200 MA se mueve hacia un patrón ascendente con un eventual cruce entre las señales de 100/200 días (Flechas azules), el RSI (Flechas Verdes) se mueve por debajo de 20 intentando comenzar un patrón ascendente y el MACD aunque se encuentra estable por encima del Histograma, eventualmente podría encuentar su camino hacia arriba en las siguientes horas (Señal de advertencia azul), si esto se mantiene de esta manera se encontrará nuevamente con la ZONA RESISTENCIA 2 para luego avanzar, pero tenga siempre en cuenta que también puede disminuir. En este momento, el Market Cap ronda los 428 billones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
XRPBTC - awaiting bullsSome of my friends requested me to analyze XRP aka RIPPLE. My chart is simple and based on price action. IMO as long it stays in the Fibonacci level or within trend lines, it has more chances to move upward. It might go test lower Fibonacci level before jump in.. price is shrinking and soon will move upward unless BTC crashes or some sort of news event.
Take profit would be on Fibonacci levels..
Please hit "LIKE" to support and visit my previous ideas to see, how my trade setup work..
Good luck...
Vinny
XRP is Getting Ready For A BreakoutXRPBTC gave a green 2 on the hourly chart according to Tom Demark count. This is a clear buy signal. Bollinger Bands is narrow on the hourly chart and the Stoch RSI is low on both hourly and daily chart.
I expect an imminent breakout. Resistance is at 9865 (fib. 0.5) and 10108 (fib 0.618)
Here is my trading idea:
Long at: 9161
Take profit1: 9865
Take profit2: 10108
Stop loss: 8900
RIPPLE: END OF BULL RUN? 25.60% PROFIT !!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 16th of April 2018.
Using this buy in point and selling at the sell signal, you would have expected to net 25.60% PROFIT!!!
The initial increase in price of ripple has resulted from the following positive developments:
1. 20th April: Ripple notifies intention that it aims to replace SWIFT with Marcus Treacher, Ripple's Global Head of Strategic Accounts stating ""We recognise that our model could eventually lead to SWIFT's demise, as it is equally equipped to handle large as well as low-value transactions, but we are happy to coexist with the SWIFT world."
It is noted that SWIFT handles around about $5 trillion per day, or given about 250 business days per year, about $1.25 quadrillion dollars a year.
Furthermore, An analysis of today's exchange volume reveals a majority of the price increase has been led by Japanese and Korean Exchanges accounting for roughly 49.73% of all trading.