Ripple long term | Where is the value? | XRPBTC | XRPUSDWill truth win?
The XRP "system" has no value and does not belong on a blockchain.
Targets as shown on chart. Daily, longer term.
And if you paid attention, you may have noticed i even marked out a negative price.
That's right, if anything, they should pay people to use their inefficient, useless fake blockchain system.
Rippleforecast
XRPUSD - 1W Chart AnalysisIn the last 18 weeks, the price of Ripple has lost almost all of it's growth registered on the 17th of September, (day in which it has doubled it's value) based on the trading volumes which have been inconsistent.
And even if the evolution of the trading volumes oscillated, the trend of these ones remained negative and we can say today that the price of Ripple is "searching for it's bottom".
At this stage, the RSI seems to remain constant at the level of 42. The Stochastic has an "oversold" position but there is no sign of a trend change, as long as it's Moving Averages are not intersected yet. On the other hand, the MACD is still below the Signal, meaning that the the price decrease may continue.
However, if the trading volumes will remain at the same low level, there is no sign for a big decrease in the market.
Considering all these circumstances, it is possible to see the price of Ripple going through a period in which it will continue it's sideways movements down to the level of 0.2500$ before it will start to increase again.
XRPUSD - 1D Chart AnalysisAfter 29 days of a bearish trend and a drop of 36%, the price is finally going through a better period and is about to register the 3rd consecutive day of growth.
Another important detail is given by the crossover of the 20 days Moving Average meaning that, according to the Bollinger Bands, we are assisting to a trend change which can also be confirmed if the price will finish the day higher than 0.3367$.
As we've mentioned on the previous posts, this first candlestick which is fully created after the price has crossed the 20 days Moving Average, can be considered as a very powerful confirmation of the trend. And the easiest way to check it is to follow the chart and to identify the previous similar situations :
- On the 5th of November, after the price has "jumped" above the 20 MA, the green candlestick has confirmed the increase which followed;
- On the 20th of November, after the price went below the same MA, the red candlestick has confirmed the decrease.
Having a look to the technical indicators as well, we can easily identify favorable circumstances for this scenario, as it follows :
* The RSI is 48 and it can be considered "neutral". It has managed to recover from the "oversold" position and it has potential go go even higher;
* The Stochastic`s crossover from the 16th of December has signaled the uptrend and the distance between the "fast" and the "slow" lines is still big enough. On top of this, there is still more room for the price to increase before the level of 80 will be reached;
* The MACD also above the Signal since 2 days ago, meaning that the uptrend has big chances to continue.
With the actual trading volumes, it seems that the odds are favorable for the price of Ripple and we have big chances to see the price reaching 0.36$ in the following days.
XRP. I expect a test of $ 0.305-0.315In the previous idea , I was expecting the end of the fall in the price zone of 0.27-0.28 $. The price did not reach my goal (local minimum was $ 0.285) and buyers beat the top trend line of the wedge. If we analyze volumes on which buyers beat the upper trend line then they were raised. However, were they reversible volumes, after which you can say with certainty that the trend has changed?
Let's analyze the volumes on November 25th. They were twice as large as the present volumes:
But even with such volumes, the market did not turn. It was a correction. Now the price is near the price zone, which has been trading on large volumes since November 25, and I'm not sure that buyers will be able to go above $ 0.35-0.36.
If we analyze the margin positions of sellers, then in their growth their positions were actively closed:
Sellers closed their positions with a loss and helped raise the price.
Between the price of 0.31 and 0.34 there is practically no liquidity, so the price so easily crossed this distance. However, it is also easy to fly back and forth.
On wave analysis, I expected a longer consolidation in the wedge and a minimum target of 0.38-0.39 $. However, it is possible that the current growth is the last wave of correction and the price zone 0.35-0.36 coincides with two levels of the Fibonacci, which are constructed from the low wave 5:
In order to understand whether the falling on this coin will continue, I am expecting a test of $ 0.305-0.315. If buyers keep this price zone, i can consider the growth scenario.
Otherwise, sellers will test $ 0.278:
XRP. After the test 0.28 I'm expecting a rebound.This idea is a continuation of my series of XRP ideas. In the previous idea I cried about the end of attempts by buyers to turn the price and the beginning of the formation of a new wave of the fall. The price has reached my first target. Now, if sellers can fix below $ 0.315 on a big timeframe, I expect a test of $ 0.28, after which I expect a rebound. During the rebound, it will be clear to me whether the global correction that began on September 22 is over, or whether it is a rollback, after which the fall can continue.
At the moment, the volume on this coin is not large and I do not see the large activity of buyers in this price zone to buy this coin:
Therefore, the probability of continuation of the fall is up to $ 0.28.
In the wave analysis, two levels coincide at that price.
Wave c=1.618*a
On a smaller timeframe, the current momentum of November 28 at a price of $ 0.28 equals 0.618 * on a pulse from November 18th:
If to analyze horizontal volumes, then in the price zone 0.27-0.28 $ there is a good liquidity, from which a real rebound.
If you look at a pair of XRPBTC then the price actually reached the bottom of the trend line:
Therefore, at a price of $ 0.28, I expect a rebound.
XRP decision time!
XRP has drifted lower recently after holding up extremely well in the market collapse
We have fallen near $0.29 and are approaching a demand zone
This has been a strong support OB in the past and we can expect to see a similar reaction
If we do get a bounce, we could see a retest of supply above after some consolidation at this bounce zone
If we get a flush straight through this zone, it would indicate extremely bearish PA and new lows are very likely with downside targets outlined in the chart where we could expect some type of reaction from bulls
EMAs still trending lower with no sign of leveling off so far
Thanks guys
XRP. I expect the continuation of the fall to 0.28-0.3 $After a sharp fall from November 18, sellers were able to bid $ 0.33. The price has not reached my target, which I wrote in one of the ideas . Buyers began an attempt to grow. However, in terms of the nature of growth, it was more like a correction.
At first, the large volume was visible only at the test of 0.33-0.35 $, then the volume declined.
Secondly, during the growth, there were very deep corrections and comparatively low maxima
on the third chart XRPBTC looked not very optimistic about the growth of BTC:
I think you have noticed that while trying to grow BTC other coins, or stayed in place or passively grew. However, with less attempt to drop the BTC, the coin fell badly. In my opinion, there are currently insufficient lobbies in the market to grow everything.
Also, the local high is $ 0.408. At this price, the Fibonacci level is 0.618 from the falling pulse (November 18th).
If to spend on local lov and high channel, it turns out that the critical point for sellers is 0.386-0.39 $. At this point there is both a liquid zone and an upper trend line. And while buyers did not beat this point, I do not consider this coin to grow.
If the correction from the fall is over, then the critical point for buyers is $ 0.33. If sellers try this price, then the following targets are for a fall of 0.306 and 0.28 $. In addition to the analysis of volumes in the price of $ 0.306, the current wave of the fall will be half the incident impulse from November 18th. and at a price of 0.28 $ respectively 61.8%:
So for the start I expect $ 0.33 with an end targetof $ 0.28
XRP BREAKDOWN - 23/10/18Following recent calls made on our priority channel to be aware of resistance at 0.43$ and support of 0.41$ being broken - I prescribed that those who did not sell at 0.52$ should use 0.41$ as their final SL level. Now that we have broken that support I can confidently say that the next step is 0.39$ but real support REALLY lies at 0.377$.
If this final frontier of support is broken, then please sell your XRP if you are in profit in anticipation to buy back more at 0.10$-15$ >> OUR FIRST TARGET BUY ZONE.
Common sense will tell you place your SL in line with 0.377$.
the rest of our hodl coins will also follow suit with ETH going to 110$, the first sign of support and if that is broken then expect 100$ thereafter - a separate update will be made for ETH
Ripple ALLERT fall of price prediction XRP DROP BELLOW 42 cents Ripple showed signs of great bullishness in previous period as starting from 27 cents, made 80cents (which was fib based maximum started from that point).
Mathematicaly justified price of XRP at peak would be 64 cents, nor a cent more. (with presumption of uptrending from 27 cents after long consolidation-January).
However, we had enourmous buys of Ripple these days, but we do have an alert in a form of Bitcoin, shaking Ripple to the core, deflating it.
Ripple peak was 9300 sats (64cents), current low is 7786 sats/(51.5cents), while baseline is 8000 sats.
With current movement of Bitcoin and continual shakeoffs (Bitcoin rode to 6800 USD four times, failed to breach that level and now its retracing gradually, dragging entire market down with it.
While Bitcoin is still rebouncing over 6550 $, rest of the market keeps deflating goin towards lower levels.
Most important thing, : Ripple had daily bearish crossover on September 3.rd which will be felt today and in coming days as Bitcoin keeps fluctuating and going toward lower levels (6380/6280/6100/5885 along with 5750.
Appart from that Ripple's RSI shows downward momentum too, so i would expect very significant retrace on XRP.
All those Bitcoin price shakeoffs will be felt over entire market, but as always, Ripple and Stellar are the ones who sinks deepest and regain most (this is one of the way using XRP actually as a leverage, without actually gambling on Bitmex or margin trading overall.
Conclusion :
* XRP will certanly drop much deeper
* Dont rush with buys
*It's never too late to rebuy rather than sink with a coin you are holding.
* XRP drop levels would be 49cents, 47, 44, 41, 37, 32 and eventualy 27 (as making 100% retrace on fractail)
so take it easy and i would suggest everyone: Dont make premature buys, so percentage return will be significantly higher if buying on very bottom (27/32/37 cents).
I do expect full retrace (27 cents).
Good luck
Ripple vs Bitcoin - The StandardToday we take a look at Ripple / Bitcoin
Ripple looks quite interesting at the moment ready for a large move
Confluences for a push upward -
- 0.62 Fib Level is holding
- Tight Accumulation Range ready to expand
- RSI showing strength
Target would be our recent highs + local Supply Zone
An invalidation of this idea would be a break and close below our green box
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XRP Short Term Cup & Handle: LongI don't call patterns such as the cup & handle on such small time-frames!
- But look how beautiful this chart looks (M15)
- Definitely worth noting!
- Lets see if their is another strong upward motion before we go back down...
Why do i see people saying ripple is going to $10.00...
I have TIGHT STOPS labels:
- This is a M15 chart and a SCALP play!
- Lots of selling atm too
STOP 1: Super Tight
- Stop @ ~ 0.000081245
STOP 2: Wider (Higher Risk) - Wait to get in to this position...
- Stop @ ~ 0.000080515
This is a short term SCALP!
- Watch the areas of support / resistance and see how the market reacts!
PRICE TARGET: 0.000084466+
Be careful and watch volatility and price movement!
- Don't FOMO in...
- Lastly be like water! If support breaks we go back down just as fast as we went up...
RIPPLE BULLISH TREND REVERSAL SETUPAs you can see from the chart, price breakout and retested a long-term descending wedge in which it was trading.
Price also made a double bottom reversal pattern before it breaks out of the wedge and resistance zone.
Considering that price has now breakout of the trendline of the corrective structure which retested the broken descending trendline, resistance turn support zone, and 61.8 Fib ratio. We are expecting a further bullish move to the next resistance level as projected on the chart.
XRP respecting support zone! XRP continues to oscillate but respected that demand OB perfectly to the tick as we bounced straight out and just recently tested resistance on that sharp move from Bitcoin.
EMAs remain flat but if price could get higher here, we could see them start to curl up, which could help a lot with the bearish sentiment going around.
But we remain in this range so nothing to get excited about just yet but a break of resistance could cause people to FOMO back into XRP for those face melting rallies.
Thanks guys!
XRP (Ripple) Possible Instraday Sell Set Up Well we got here is a descending daily and weekly CTL that has been broken in the last 2 weeks where price has been able to hold above it and form a daily structure and a first possible bullish impulse in a kind of wedge pattern but price s giving us soem bearish sign showin us a multi day rejection to the presented 38% fib leaving a consecutive sussetion of shadow indicating a dominating preassure coming from the sellers in the lower tiemframes so i would like to short it atleast to the bottom of the formed wedge and aim for a 4 to 8% as return t the 0.3770 area
XRP: Another buy opportunity?Looking at the daily, XRP has created a descending triangle which is a continuation pattern of the correction that XRP is currently having. Taking a look at the Fibonacci from XRP's last big bull run to $0.78 the floor of the descending triangle has formed at the 0.62 support line. Assuming that the descending triangle follows a normal pattern, we will see XRP break down below its side-ward support and retest the 0.24 Fibonacci support line.
In addition to this the RSI is teetering right in the middle at a value of 50 showing lack of direction. However when put together with the low volume in the market there is little evidence that XRP will be going toward the upside in the short term.
Thanks for reading!
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*This information is not trading advice and is to be used for educational purposes only!
XRP cannot pass $0.47 resistance! XRP yet again has gotten smacked down from resistance around the $0.47 mark. We did see it break down from the trendline support but rebounded strongly yesterday as it spiked all the way to the midline of the supply zone and seems to be coming right back down now.
As long as we remain capped below this area, XRP could continue to trend lower.
Thanks guys