Ripplebtc
XRP Breakout Prediction I took about three hours stacking fibs, drawing Elliot's, and analyzing the previous Fractal in XRP to come up with this prediction. If XRP follows its previous fractal this is what will happen according to the math. Either way we have started a new Bullish Market Cycle so look to be grabbing entries. Message me for Entries/Exits!
XRP/USD Short Term OutlookHello Guys,
We hope everybody is doing fine. In this short outlook, we have for you the XRP/USD.
Now, as long as Ripple stays above 0.12657 the market can make a push to the 0.20 zone. So from here it can either go and retest the 0.140 zone and rally or it already started its rally and will not go to 0.14. Either way, as long as the market stays above 0.12657 it should move higher.
We dont see any trading possibilities as of for right now.
Hope that helps
Cheers
XRPBTC Big Wave Coming!My applause to every Ripple investor who has endured the recent Wave 2 correction. We are now in position for what looks like a Wave 3 impulse which will set a new all time high for Ripple. Many traders would claim that they earn more by day-trading other currencies. I told them this, "Sure, you can choose to lose sleep doing that and risk losing 90% of your investment in the next few years (unless you are a pro). Or you can invest in Ripple, go on with your normal daily life, spend time with your family and come back a few years later to find yourself richer in health and wealth. The choice is yours!"
XRP finally bounced? Appears to be great entry zone.This one is a little harder to TA, due to what appears to be heavy price manipulation. However it shouldn't drop lower than where it appears to have bounced in the past few days, about 5400sats. This level resembles previous accumulation levels, which should be a trusty level of support, DMI and RSI show it should be a firm reversal. There is only 1000 BTC between XRP reaching 8000 sats on polo, a volume which isn't very high for XRP. Trade at your own risk, cloud still forecasts some red but it should be clearing up very soon. :)
XRPBTC Fib Levels and Bubble Cycle PschologyI sketched this idea based on historic levels of resistance and support using fib levels. I find for alt coins the "wallstreet cheat sheet" (see link below or google it) seems to be an excellent way to judge market sentiment and investor psychology if you can match up similar shapes as the market follows a cycle. On this chart... I have included 3 notes regarding a friend I have that has been hoarding XRP since 2013 (never sold 1 he boasts). Since he does not trade (only buys) I feel he is an excellent indicator and also seems to have followed the WSCS. At this point, we have come all the way through the market cycle and are entering the new accumulation phase which I predict will be in the 0.00006000 - 0.00003800 range with maybe a few spikes to as low as 0.00002400 (the level before the bubble began).
Notes:
1. At this level he was beginning to be very confident and continued to tell me to buy more. He believed the price of XRP could easily reach $1.00 by mid summer (I think this was around 0.00050000 btc at the time).
2. At this point I was pretty sure we were at or near the top because his predictions changed from $1 to $5 to $10 dollars seemingly overnight; Euphoria on the WSCS. I sold almost all I had (just in case he was right) and have since been watching the patterns form almost perfectly along the bubble pattern presented in the WSCS.
3. His sentiment has now changed to "I dont really care about the price, I'm a long term holder". Which was his sentiment before the cycle started and he seems to be paying a lot less attention to the market. Somewhere between anger and depression on the WSCS.
Hit the Like button if you like it or tell me why I am wrong in the comments below. Thanks for taking the time to look and good luck on your trades!