Ripple You Are Cleared For TakeoffAfter what can only be described as a dismal three months for Ripple investors who bought into the hype in December - January, there may finally be a light at the end of the tunnel. Looking at the chart, you can see that Ripple finally and clearly broke through the downtrend channel that plagued the cryptocurrency for months. Further, like most of the other cryptocurrencies, Rippple is showing an ABC correction pattern. Unless Ripple takes a major nose dive in the next 2 weeks, it looks like the majority of pain is over and we should see a slow and steady uptrend from here.
Ripplelong
Ripple hitting this .75 cents resistanceRipple broke that trendline and is moving up nicely. If you bought last time on the break above or retest of the .65 cent level, you are in profit. Make sure you either sell half to lock some in, or protect yourself with a stop. Right now we are sitting at this next major resistance point.
Signs it's going to continue up to .90 cent area and ways to play it
1. Breaks the .75 cent high resistance point. You can throw a buy stop just above it for a continuation move like last time.
or
2. Comes back down to this .70 cent trading mark and then continues higher.
I would lock in profit with stops and really watch this .65 cent zone, if we break that we are going do to .55 cents or in that channel.
Happy Trading,
-Sherem
XRP Extremely BullishNot much to say that the chart cannot say by itself.
- XRP has broken successfully on April 12 the big falling wedge and find support on the $0.62 - $0.64 area.
- It formed a Bullish Flag Pennant on the 4hr chart, that has already been broken to the upside, next target is around the $0.88 area, which is the potential upside of the flag pennant pole.
- The $0.88 area is also the .786 Fibo level (on yellow) of the overall trend, and is a consolidation zone of the past (21 Feb - 03 Mar, marked with the purple box).
We can expect XRP to continue the bullish run if we can do it trough the $0.90 area in the short term.
Trade safely.
RIPPLE get ready for a breakthrough!!We are fighting the favorite of the BTC market for the breakthrough of the bearish resistance line.
Some alts show signals before BTC, now XRP is just from this category
Consider a 4h chart, a tool in a bullish mood, as evidenced by moving averages. EMA 5 is higher than EMA 13, and to EMA 50 is very far.
The market profile shows the set of position in POC SUPPORT, which gives a great chance of rebound into the zone of imbalance. Also, the price is for EMA 13, which gives additional support
We observe at once several divergences: RSI and OPEN INTEREST
The reduction of teak volumes also gives a signal of the impending movement
The nearest target is 0.70 XRP, at the entrance to the zone of imbalance the asset will necessarily return to the key level after confirmation (and, of course, to drop all weak players). After that, the bulls will struggle to continue the trend and go to the next resistance point 0.90 XRP.
We recommend entering the market or adding to the position after the start of the movement and after the test of 0.70, get additional confirmation and will sleep calmer
With 80% probability, the asset will continue to move
I invite all comers to try our indicator of open interest V2
XRPUSD LONG 4HR
As i said in the last analysis few weeks before
we gonna hit the monthly resistance after a very long time
ripple got a very strong momentum now, seems like a lot of buyers jumping in and push the markets up !
The MA's looking pretty good to so we maybe will see
a upcoming trend change soon
RIPPLE XRP Downward Wedge To End Soon - HThere are not SL on this trade so if you're in, it will be a High Risk trade. I would not enter until we watch further developments here such as pattern change which is desperately needed for most coins we have.
Recommendation...
Wait for a breakout, right now too risky to enter without any confirmations
Indicators...
RSI undersold which is positive
MACD is in heavy accumulation zone - will pump sooner or later
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Ripple approaching support, potential to bounce strongly!XRPUSD is approaching major support at 0.7339 (Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push prices all the way up to 0.8320 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing major support above 2.8% and a corresponding bounce could occur above this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RIPPLE XRP/USD - BIG MOVE COMING! Wave 5 on the HorizonEveryone should look at the Ripple/USD chart in Log scale dating back 1 year to see whats really going on.
Its EXTREMELY Technical and is following the trend to perfection.
Say what you want about Ripple but you cant deny the BIG Moves it makes when its all gas'd up.
To me, its just a money making opportunity. I get in and get out.
We are in a descending wedge from the last correction and its about to break up. It wouldnt make sense for it to break down below the trend line that its followed for the past year when we're not at the end of it yet.
It would have to be squeezed out of it at the top which if you follow my trendline to the top this should happen around may which is when we will see the real correction take place. This last one was peanuts IMO
Also, this pattern lines up perfectly with the FIB so if my TA is correct im seeing a top around $8-$10 as hard is that is to believe but i cant see it play out any other way being its so technical.
***NOT FINANCIAL ADVISE... This is just my humble opinion. Ive been wrong many times, and i may be again, but this one is hard to ignor.
Id love to get the opinions from others if you see what im seeing
Happy Trading Ya'll!
Ripple is testing major resistance, potential for a strong drop!XRPUSD is testing major resistance at 0.8320 (Fibonacci retracement, horizontal overlap resistance) and a strong drop could occur from here to push prices down to 0.7461 support (Fibonacci extension, horizontal swing low support). Our next major resistance is at 0.8756 (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong resistance below 90% where a corresponding drop could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple (XRP/USD) - Bullish Sequence - Elliott Wave Count Ripple (XRP/USD) is presenting a possible Bullish Sequence as per the current Wave Count.
Corrective Structure reflects a Complex Double Three, with a last piece remaining to unfold.
However, according to other structures this sequence can take, Ripple (XRP/USD) could be a good BUY at these times.
Those who are holding could see $5.75 in 2018 or even more. While some are expecting $20, I would be OK with $5.75, let it go there and we'll see later.
From $0.938 we could easily see a $1.65 / $1.80 and a reaction would be analyzed at these levels as the last fall could not come anymore and Ripple (XRP/USD) could punch through the ceiling.
Verdict: Bullish
Quantamize Machine Learning Crypto Signal Ripple Update 3/9Quantamize proprietary Machine Learning algorithms have generated a 3-day "Buy" signal for Ripple as of 3/9.
We will be updating and producing more signals today and posting performance as well - stay tuned!
Quantamize's machine learning algorithms produce signals on over 25+ cryptocurrencies with accuracy rates above 60%.
Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
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Ripple approaching major support, potential upcoming bounce!XRPUSD is approaching major support at 0.8726 (Fibonacci extension, horizontal swing low support, pullback support, bullish divergence) and a strong bounce could occur at this level to push price up towards 0.9402 resistance before 0.9747 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above 4.2% and a corresponding bounce could occur at this level. We’re also seeing bullish divergence vs price signaling that a reversal could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Ripple before Strong Impulse!Hello Traders!
Accurately predict, that correction phase soon should be over. Present time we see the end part of corrective B wave formation.
Suppose, we near the powerful bulls impulse! Ripple wake up & live!
Powerful Traders decisively take a long position for 2.60000$;
"Short term target": 1.60000$.
"Middle term targets": 2.00000$;
"Long term targets": 3.00000 - 3.40000$.
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XRP Ready to Bull RunAccording to Stoch RSI, XRP is very close to rise again. If volume comes, we will see a minimum %15 raise from that point.
My trade strategy will be;
Buy Target: 10 unit from 96k
Sell Target1 : 105k 5 unit
Sell Target2 : 120k 5 unit
Target Profit: %17
(Additional Buy target : 5 unit 95k / 5 unit 94k / 10 unit 93k)
Sell Targets will be updated if additional buys applied
Stop Loss: x 85k
Ripple is reacting off major resistance, potential bearishness!XRPUSD has reacted nicely off our major resistance at 1.0314 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could push price further down to 0.9558 support (Fibonacci retracement, horizontal pullback support).
Stochastic (21,5,3) is seeing a nice reaction off our major resistance at 89% and has good downside potential for the corresponding drop that could occur on price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Quantamize Machine Learning Ripple Signal Update 3/2Quantamize proprietary machine learning algorithms have generated a 3-day "Buy" signal for Ripple
Quantamize's machine learning algorithms produce signals on over 25+ cryptocurrencies with accuracy rates well above 60%.
Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
We will be rolling out this product for 25+ cryptocurrencies as well as 4+ crypto portfolios, which can be seen our website in the signature below or by checking out our profile.
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!
Ripple Analysis- Falling Wedge break should bring us to 1.65 cts eventually.
- On 2h chart, we have a good Hidden Bullish Divergence that tells us that Ripple should go to the 1.30 for the 2nd of March or earlier.
- Right now, the price has fallen down because a Bearish divergence was materializing. We should be done with that soon.. Let's keep an eye on the Stoch as a signal to where the price is moving.
XRPUSD (Ripple) short tf (4hr) analysis: Bullish biasThe downtrend in Ripple (XRP) that started on Jan. 4 2017 at a price high of $3.31 to $0.59 on Feb 6 2017 can be described as a 3 wave (WXY) Elliott wave pattern. This implies that a move back up from the end of wave x (in red color) will either be a 3 wave move back up or the start of an impulsive move (pointing to an uptrend).
Either way, both scenarios argue for a bullish bias for Ripple (XRP). The green arrows between a and b (both labelled in blue) on the chart show a 3 wave corrective move against the uptrend which started from $0.59.........this also argues for the fact that prices should move up higher in Ripple as a correction implies that the main trend (in this case, uptrend) is not yet complete.
Target area 1 (between $1.71 and $1.77) and Target area 2 (between $2.07 and $2.20) are the likely points I have indicated for termination of the bullish move.
The red line on the chart shows my IDEAL price entry point at ~$1.06.
POI = Point at which I would consider the trade invalid = Price close below $0.88.
If price fails to move to move back down to $1.06, I would look to get into the trade if price breaks out above $1.23.
Entry above $1.23 would make my POI = $1.06 (i.e. risk on the trade would then be $1.23 - $1.06 = $0.17) and I will look for price to exit my trade at Target 2 to give me a risk to reward ratio of ~5:1
If price quickly deeps to the $1.06, then $0.88 will be used as my POI and either target 1 or target 2 will sufficiently produce a risk/reward ratio of > 3:1 with target 2 being more profitable than target 1.