Ripple - a wee whitecap or surging swell?!? (what's to come)Good Morning! Lets take a look at BINANCE:XRPBTC !
Looking at the chart above I have identified triangle patterns all the way back to early December 2017. We can also see triangle patterns inside of triangle patterns (coincidence... no, it's beautiful geometry and fractals, haha) Looing at the large descending triangle we can see that we are forthcoming on the fringe of the point! And the very last candle just barely broke through the top of the triangle!
Is this just a small whitecap or will this become a surging swell?
The RSI is turning up (and producing higher lows), the ROC is about to cross the support line (also producing higher lows), AND the MACD just touched and is turning up. ALL are very positive signs and could show us a potential bullish run is about to occur.
We could still see BINANCE:XRPBTC touch the support line again soon but when price is falling and the MACD is rising that is a positive sign as well. SO, If you wanted to take the chance now would be a good time to buy with setting a stop loss just below the support line. If we fall below the major support line we could drop significantly, however, all signs are positive and if we bounce we could see a nice bull run begin to form and see a ripple create a new wave.
Any and all comments are welcome!
Happy Trading :)
BINANCE:XRPBTC
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
Ripplebtc
Bitcoin bulls over Ripple...A short story!BITTREX:XRPBTC
A descending triangle breakout is likely and this will trigger a downtrend..
A bullish ABCD in the 4-hr chart also enhances this theory with CD leg in the process of completion
The potential reversal zone is market which can trigger a small up movement , but the ultimate downward longer term target is 0.886 level..!
XRP CRITICAL POINT ! Traders,
Here we have XRP/USD 4H chart.
We have a bear Regressive here with a critical point located in crossing of trend from all time high and crossing the temporary bear trend, so if we have closed candle above this point, we will see bull trend and have a new highs and high again that's my 1st vision
2nd vision and my humble one decline to retest the strongest support level at 0.70 again and launching from there trade safe guys.
Regards,
Mohsen
Ripple ,the new king is back XRR/BTC (just kidding)Ripple is showing simmilair fractal pattern as it did 8 months ago. People are buying the hype because they think it has potential to grow more than 10-20x eventhough that would put it way above Bitcoin total market capitalization.
I used to be the same and I used to have huge position in XRP hoping it will jump very hard eventhough it was just as unrealistic then as it is now. Back then I didn't understand bull / bear cycles and it was hard for me to say that the coin is showing bearish signs.
Right now, we can see that XRP honored the golden 61.8% retracement and bounced back from it, eventhough each of its bounce back made lower high. We can see that the volume is decreasing as the buyers are slowly fading away and letting this coin retrace to sub 5k satoshi area into our buying zone.
Both EMA's and Ichimoku Clouds are also showing bearish signals so I think Ripple is going to have a very long and slow fall.
Enjoy your day,
bizi
xrp price analysis (some important updates on ripple)hi friends
I'm on the 4 hrs chart of ripple its forming falling wedge on xrp chart right now its showing strong support on that 8700_9000 sats mark
if your thinking to buy ripple then 8700-9000 sats will be the good mark according to chart
Note= bitcoin is not stable now whole market is dumping so its my personal suggestions to wait for some uptrend
very strong support 8700-9000 sats
if your a day trader then you can put order around 9000 sats and sell at 9350-9400 you can play trading like this but this is very risky stop loss will be must and for long term its price gonna hang on around 87--9200 sats for some long time
good luck
stay bless.
Ripple , Another buy opportunity for XRPBTC in a new buy zone !!Technical analysis:
.RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
.The RSI is at 38.
Trading suggestion:
Price is in the Buy Zone (0.00009 to 0.00006), we would set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.00009)
.Ending of entry zone (0.00006)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks).
Take Profits:
TP1= @ 0.000125
TP2= @ 0.000146
TP3= @ 0.000178
TP4= @ 0.000229
TP5= Free
RIPPLE XRP back to $2.50 Level? SHORT TERM (LOW RISK TRADE)Ripple XRP is going to be back at $2 Level in no time - this is shown by wildly undersold RSI and MACD is a go
We recommend this trade to anyone looking for a safe trade that is short to medium term.
We will get on this after ETC airdrop - members will receive live updates on this trade
Do not invest what you cannot afford to lose. We are not your financial advisors.
xrp price analysis (falling wedge soon breakout ripple)hey guys I can see falling wedge pattern in xrp 4hr chart but we needs to wait for breakout from wedge perfect and strong support level is around 8600_8900 sats xrp can dip to this level so buy at this price
if ripple breakout from falling wedge its price will shout up and bitcoin is also doing well so xrp will do even more well once its done breakout from wedge we need xrp to breakout with good volume so need cmf histogram to form upside of the chart, we can easily expect 200% profit from ripple once its start its another bull run
Good Luck,
stay bless.
!XRP – Perfect wave analysis confirmed - Learnings/what's nextDisclosure: this is a repost of my Feb 10 Tradingview idea. It received over 2500 views but was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post a very instructive & educational example, I decided to repost it - albeit 6 days later than the original post. See below for the (almost) full original ;-).
Post of Feb 10:
"Hi guys, this one is a crucial one! I really recommend you read this post until the end. Because… you will learn a hell of a bunc h on technical analysis! In my opinion that’s what we’re here for, & I want all of you – including myself – to become better traders & investors.
Let’s get the party started ;-) -->
In our initial post of Jan 22 , we called the last correction leg (leg “C”) in our Elliot wave analysis. We slightly adjusted our target on Jan 30 , & today we can see the perfect confirmation : a new impulse wave has started upward, ending leg C, beginning a new wave 1.
So in short: we ended the “correction" wave as we predicted and are now in wave 1 of a bullish “impulse" wave. (Feb 10 on the graph above)
The conclusion of our post on Jan 22 was simple:
--> "It is best to sit back some more while leg C is developing, & jump back into XRP when indicators such as MACD & the start of a new first wave leg confirm a bullish reversal."
In our post of Jan 30, I stated in the title " (!) XRP almost at crucial bullish reversal (>+100% potential) "
--> ... and we weren’t lying!
NOW --> Just have a look at our latest graph here above and you’ll see both the ending of leg C ànd a bullish confirmation in the MACD by a “golden cross” (blue line crossing red line with blue coming on top, and this just below zero) on the daily!
————
Let’s recap what we have been seeing right up until now:
1. Jan 22
Applying Elliot Wave Theory ("EWT") to the Ripple (XRP) graph clearly shows us that a C-correction leg is forming, after which a new upward impulse wave can start. You can find the full explanation (incl. ElliotWT) in detail by clicking on the chart:
--> You can also clearly see the movement of the five subwaves in the upward impulse wave, followed by that ABC correction.
2. Jan 30 - "(!) XRP almost at crucial bullish reversal (>+100% potential)" (post was hidden due to external links)
--> Closing in on the end of leg C & a bullish confirmation in MACD to confirm! (imagine graph below but without wave "5" in leg C)
3. NOW / TODAY (Feb 10)
—> The bullish cross in the MACD can’t be more obvious !
—> The downward trend channel is broken ! This is the channel that connects the top in (5) on Jan 4 with the end of leg C on Feb 9.
—> We are on the bottom of the Bollinger bands , meaning there is most likely only one other way to go: up! ( Boll. bands = the green "swingery" bands with a red line in the middle)
—> We see the bullish CCI trending upward
4. What’s next:
—> We’ll see more upward movement soon, but remember that also the upward impulse wave has its “red” correction legs.
—> We see the closing of the last candle here is at the 50% Fibonacci line. This one we will have to overcome before we can push through to the next target on the Fibonacci 38,2% (on the daily)."
XRP/BTC No Thank You, Not Yet...Good coin for the banks and instiutions; good coins for traders like you and me. However, now is not the time. Trading is about ideal entries with the lowest probable risk. Jump the gun and lose, or lets watch the market decide. I will be swing trading and posting more in-depth updates.
--longmoney