Ripplebtc
XRPBTC Bitcoin is going down, but Ripple has an uptrendDespite bitcoin going down and other alts following it, ripple seems to slightly go up.
Resistance around 88k, I wonder what's next.
Right now, as other alts are going down, ripple looks like a good alt to use to accumulate more BTC, but of course it's a risky thing.
I'd personally buy when RSI is undersold and sell when it's close to the resistance, all of this just right now, not when it goes close to the apex (when the uptrend trend line crosses the resistance).
I'm no financial advisor, just an idea/personal opinion.
Start Accumulating Ripple around Yellow ZoneXRPUSD is trending downwards with overall Market. Its especially weak against major cryptos.
Expect consolidation around Yellow Zone. Confirm uptrend only after the break of Red Line / Zone.
Profit Targets Green Line & Green Zones.
Further continuation looks unlikely for now.
WARNING - Ripple down 50% - Don't Get Fooled By The NewsHello fellow investors and welcome to yet another trend analysis. Let's get right into it, I think XRP is far from being done dropping, BOTH XRP/USD and XRP/BTC clearly indicates it.
The XRP/USD chart says we are still bearish as we have never taken a high. The volume is still not there despite the big news it remains very low.
The XRP/BTC chart (that I will be posting in the comments below) shows a required square up right under the 0.786 which is becoming a VERY FREQUENT pattern in cryptocurrency, when ever there is a square up right under the 0.786 FIB on a retracement wave the price usually shortly wick to it and it is nearly always a VERY profitable entry point.
I cannot say how far XRP will drop in term of USD value but the XRP/BTC chart is telling me there is a very good chance it will wick to the 0.000048 area which is nearly a 50% BTC value decrease from the current price and that is a HUGE risk to take.
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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!
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).
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TP1= @ 0.000125
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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.