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Swell2019

Will XRP make a decisive move before the end of the year?XRP has been in a descending triangle for the entirety of 2018 and 2019, one where we are rapidly approaching the apex and the potential for a big move. The argument for a big break upward towards $1: At Swell, Ripple confirmed it now has over 300 customers. Though only a small number of those are using On-Demand Liquidity (ODL), growth is definitely there, but it's a slow burner. In the long run, once XRP/ODL is in widespread usage, a higher valued XRP will mean a 0.1% value fluctuation in the few seconds it takes for a transaction to complete will have far less impact than if XRP is only a few cents each. It's not essential, but a $100 XRP provides less potential slippage than a 1c XRP. The argument for a break back down towards 15c (possibly even 10c): Ripple owns 60% of XRP in escrow and releases one billion XRP each month for sale “to grow the team, business and ecosystem” which obviously suppresses the price massively (despite the fact that often a lot is not sold and placed back into Escrow at the back of the queue). At the current rate, it is estimated that it will take 225 months (18 years and 9 months) for the final selling of XRP from escrow to finish. The weekly Stochastic RSI is carrying a lot of momentum to the downside - easily enough to take us to 10c (though I have my doubts that Ripple would allow XRP to go below that). Personally I'm quite bearish on BTC for the next few months and XRP is not yet decoupled from Bitcoin, so if one goes down the other will too. With so much mid-term uncertainly, this could also just result in XRP staying around the current range of 20-30c for far longer. Which way do you see XRP moving in 2020? Save crucial space on your Trading View chart by utilising the free RSI and StochRSI indicator which overlays both in a clear and helpful fashion. Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
BITSTAMP:XRPUSD
by BCryptological
HermeneuticsHermeneutics is the theory and methodology of interpretation. The tradition of Western hermeneutics starts in the writings of Aristotle and continues to the modern era. ------------------------------- Dont be fooled. Review the price points I mentioned earlier as to what would happen if we break below the rising channel. We head to .24 - .21 cent zone If we hold above beige horizontal channel we will keep rising. Looks like we missed someone at .27 and the bus had to come back LOL lets hope this goes back knocking at .31 in a few hours...oh lets say....12 - 2 pm ??? If you are still in from .29 and didnt get spiked out awesome hodl strong. If you aren't in yet wait to buy because we could head farther down to retest bottom of horizontal channel. They gave it to us and took right back! I think i was telling someone yesterday that this was also a probability because they did that crap last year. 2 more days to re-test with another rise after they sell the news cuz I dont think we will keep rising without a daily impulse candle out of .30 Do you agree? Let me know folks! Thanks much love and trade safely as always MANAGE RISK!
BITSTAMP:XRPUSD
by AschraM
2
We got the symmetrical I spoke aboutAfter posting the 1Hr observation and mentioning we could bounce into a symmetrical triangle we seemed to have got this pattern. It makes a lot of sense for this to happen. Why? well when we were looking at BTC and Bakkt release date for futures trading the market did the same damn thing...it went quiet and sideways fort accumulation inside a symmetrical triangle before we broke out down. Well if we are getting thanksgiving discounts for the conference we will head to .23 - .25 cents again. Which I really do not mind at all. Just means more to collect for the future back at 1/4th the discount price from 1.00 If we shoot up to test above .30 I will also be happy because that means we are trying to at least push to .42 - .50 cents before the end of the year and we will take a hard grind for a month and a half to get there. These patterns we have to just sit and wait for a good entry on. It is 30min till 11AM . We went up 1 hr in time so this means price probably will start to go bullish by 12am to 2pm The middle "hump" inside this triangle is shorter than the first hump and last hump. This means there is more buying pressure than there is selling pressure inside the triangle. This is why we have 3 higher prices right now for lows and a high low high for the top. A breakout and consolidation upward is what we need to head to .33 cents by Nov 07th - Nov 08th. That is my predicted price by day 2 of the conference. So the 08th of Nov .33 cents If we zoom out a little you will see we have a nice double bottom / inv head n shoulder on the 1 hr.. we are also above the coil and holding nicely. Most people will put a buy stop around .3057 so they dont miss the impulse. If you are a buyer it might be a safe bet to place a pending order for the breakout. At this current time I recommend we sit and wait if you havent bought in for day trading.
BITSTAMP:XRPUSD
by AschraM
1
15M look inside the 1hrHere is how I can see 3 bullish drives 1. W formation with a higher second bottom 2. Points 4 to 5 looks like bullish consolidation to me. Especially if we drop to .78 - 88% as mentioned 3 ideas ago. I like using where price open/closes with 2 opposite candles when I use my lines. I think this is a more accurate when u use the medium horizontal price of an average calculation between tops and bottoms. This idea represents LONG. As you can see we are trying to break out right now on this 15M chart 4 to 5 leg
BITSTAMP:XRPUSDLong
by AschraM
1
XRP Predict your Price for Nov 07Charts tell me .33 - .35 HIGHS .27 LOW and .2375 is the lowest of lows while .3650 is the highest of High while we wait for the 07th. The hype run can be small and stay in this price zone. What if the hype doesn't happen this year because SO MANY people want it? Could we get a post-hype run instead of the typical buy the rumor sell the news the day of Swell ???? You tell me. I am curious to listen to the input of my followers/supporters/ and trading friends. If you caught the 11 11 time secret you should be in profit with a buy from .29 It will be important to watch on Nov 07th from 9 to 11am Eastern Standard Time. Then again 11pm to 9am price action for the next 11 AM move. Price tells you what is happening 3hrs before and after 11. Whether its 11am or 11pm you will see what I like to call "Whale action" Not a direct "direction of price" but a movement that will tell what price is wanting to do as a leading indicator to structure. You're welcome. It happens religiously throughout XRPUSD chart. Learn to gage this time zone in your location. It will help with when you execute your order. Binary Clue to trade from prev. idea: Monday, Monday, can't trust that day; Monday, Monday, sometimes it just turns out that way. Oh, Monday morning, you gave me no warning of what was to be. Oh, Monday, Monday, how could you leave and not take me? ----Price needs to hold .30 ------ ----Price breaks and closes .25 or lower on monthly we are in deep shit. ------ ------Price closes above .30 this month we are in for a bull treat for the end of the year trying to touch .50 before 2021 These are my thoughts. Overall - I will place a bet that price will be .33 cents by mid conference Nov. 07th Depending on what they announce will really depend on the momentum for those 2 days....in turn I think it will give us our EOY decision on how price will move from Nov - till EOY.
BITSTAMP:XRPUSDLong
by AschraM
Ascending Triangle on XRP/USD Daily Chart XRP has been one of the poorer performing higher market cap crypto assets for 2019, when compared to the other crypto heavy weights. However based on historic performance, when this sleeping giant does eventually awaken, it moves at the speed of light. XRP has very strong resistance at $0.30, and has failed to successfully close above this level for a number of months. Recently it does seem to be testing this resistance ceiling multiple times, and is also appearing to be within an ascending triangle when analysing the daily chart. Coupled with this chart pattern, Ripple's annual Swell event is also scheduled for 7- 8 Nov and in previous years, XRP has seen significant abrupt price appreciation leading up-to annual Swell events. Based on this, is it possible that we may actually see a significant breakout to the upside this week - it may be a good case of buying the rumour and selling the news.
BITSTAMP:XRPUSDLong
by PavanUK
An excellent roadmap idea for XRPUSD tradersA clean roadmap with some fibs and ABCD moves If we get a bullish BAT it will show after leg C to D @ .1996 price zone If we get a bearish shark and have a swing to .42 cents I will be looking for... 1. a bullish ranging flag for a continued buy that can go as far down as 61.8% on the hourly. This would pull price back to .28 or .29 cents zone ideally the community wishes to see a .53 - .55 cent rise by EOY..anything is possible...but we also have sellers putting pressure to .15 cents zone. Are you a buyer or seller in the short term? Do you think this is a symmetrical reversal zone? Or a leg C for 1 another move down to .19 cents trapping these buyers at .28/.29???? Overall this is a clean chart for all xrp traders. There is no buy or sell setup at this price. If you're holding from .22 / .24 then take some profit off the table now if you are day trading. Set for breakeven. Rebuy at .1996 and repeat if we dip to a steep d2 bottom. Which is the flatline zone and s1 since XRP/USD was paired. So we have an idea now that... 1. XRP is most likely worth a minimum of .15 cents 2. Many supporters hold value at .25 currently 3. we have at least 3 banks using xRapid on a constant basis and Ripple has +250 signed agreements to use their RippleNet product and be able to tap into the inter-ledger system and use xrp for liquidity *if need be or for future needed services* 4. We are looking for May 11th - 19th BULL RUN to the universal #42 cents.. ;) 5. Swell is Nov 07-08 2019 and last year had a hype effect and sell off after the conference. 6. We could repeat 2018 swell hype 7. Bull fib angled at 43 degrees which tells us that bears are 57 degrees strong but bulls have "doubled" in momentum strength from a 19 degree angle to 43. 8. IMF launches their system Summer of next year which will be huge for the RippleNet ILP cashflow. 9. We have made a NEW HIGH and a NEW LOW ...I feel many of the banks who are currently with contracted agreements got their 75% discount on their escrow. Now they can literally x4 their xrp to 1.00 and not only triple their escrow holding but have a level playing field of debt with the federal Govt agencies of our nations. 10. There are 3 directions we can range probabilities from and RR. I have marked where I would buy and sell and take profit with the eyes. Red eye - sell pressure zone Orange eye - caution zone observe or TP or enter on a 61fib pullback Blue eye - buy pressure zone Please comment and like and support as much as you can! As always trade safe, manage risk, participate in many digital assets, support BTC and XRP ^_^ Peace. love. Trade
BITSTAMP:XRPUSD
by AschraM
7
Sideways movement then moonThis is my first chart, any feedback will be appreciated (excuse my English, not native language) and a like would be awsome. I think we're going to see sideways movement until Monday (moonday) when weekly MACD confirms the positive cross of their curves. Last year it was not SWELL that drove the prices high, not (also) even weekly MACD alone, but just days before the bottom in some indicators (like MACD) was confirmed, the bottom after the 2017 bull market; unfortunately it had not enough momentum to stabilize the price in the $0.50's, but this time we are full of good news, SWELL is coming and weekly MACD is having a bullish crossover.
BITFINEX:XRPUSDLong
by microdosinkrypto
2
RIPPLE - Rising Wedge (Reversal Pattern)The price of Ripple (XRP) broke out of a Rising Wedge Pattern on the daily time-frame as well as on the lower time-frames. The Rising Wedge is a reversal pattern, which results in a significant drop. Especially when the whole market acts bearish. Since the price of Bitcoin (BTC) is also struggeling (see my latest Bitcoin idea, linked below), i'm looking for more confirmation points. The MACD is about the cross bearish and reverse. The ADX line is currently at 26.00. This indicator gives us an idea of the strength of a trend. We will watch the price an open the position (after confirmation) as follows Position: Short Open: Red Box (Sell) 0.288 - 0.293 Close: Green Boxes I will update this chart accordingly! THANKS! For all the positive feedback im receiving lately. Leave a thumbs up if you like this idea and Follow me for more updates! Feel free to support me on Patreon . Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
BITFINEX:XRPUSDShort
by Anton_XBT
4
XRP uptrend channel - target .3150XRP currently forming a clear uptrend channel, with a short-term level approaching of .3035 (the weekly MA). If .3035 proves resistance once again, I would expect XRP to return lower to the bottom of this uptrend channel, only to later retest .3035. Once XRP breaks above .3035 on the daily, the target would then be the .3150 to .3200 range. All levels assume this uptrend channel remains in tact. If not, I would certainly change my short-term outlook. However, with the annual Ripple event SWELL soon approaching (11/07/19), it's important to consider being long up until the conference, where historically XRP has experienced nice gains with the anticipation of the event. #XRP #NoLimit
COINBASE:XRPUSDLong
by nolimitceltic
XRP - is this year's Swell Conference "impulse" overrated?I've read so much about how it's important to go long now on XRP for the next two weeks because, historically, XRP rises in anticipation for the conference. Many reports are calling for 100%-200% gains in these next two weeks. Based on this fractal, that impulse seems to have already occurred with a little room left. If this fractal played out, that would be a 60% gain in anticipation of this Swell Conference. That doesn't match up with the previous years, but neither does the drop that occurred prior to the impulse. It's all relative, and, relatively, this is the outcome.
POLONIEX:XRPUSD
by CryptoSimons
1
Yearly Support Looks Really GOOD on XRPI must say, the bounce from the 0,21 XRP/EUR pair, same on XRP/USD Looks really solid. Target of 1 EUR, just above 1 USD looks really good from here. If it might drop lower, almost any level looks like a good buy, but do your own research. Swell event is upcoming and Ripple already put out some positive news on XRP now ODL (On Demand Liquidity) and might have some big announcements upcoming on Swell and towards end of year and further. Take care and feel free to comment.
Long
by TradeReact
1
XRP Swell 12 day pre-watchTAKE NOTE: SWELL NOV 7th - 8th 2019 swell.ripple.com Last year we got a decent hype run on XRP before the 2018 Swell conference that happened Sept. 18th. This year the conference will be held Nov 07th. There was a 12 day bull run then price went back to its current zone (.25 - .30 cents) I cant see price spiking low right now unless it happens as a bullish flag for a rise a week before the conference or thereafter. Price is moving up in a bullish trend holding angular support having no daily resistance at .25 -allowing price to hold above this downward pressure. Price has almosted completed the 4H pinch observation viewed last week. A solid call for buyers was displayed AND did happen. Overall we currently sit at the top part of the |> 4H consolidated pinch with a slight breakout up. A close on daily back at .30 will give the market an incentive for a push to .32 - .33 price range. A negative reaction on hourly can give us a drip to 19 cents or as low as .15 Price has a bullish curvature degree of 44% showing a bearish strength loss of 15 - 18% Bears held a 61% percent sell strength for 2 weeks before it started to go sideways at .22 - .27 cents. If price holds above .30 cents we will be back above 50% buyers vs sellers. Overall price is stable between .25 and .30 cents leaving me to believe XRP is worth .25 minimum from here on out as the new floor for the rest of the year. If I am wrong then a drip to point D around .15 or lower (as low as .10 cents) can happen. Thank you for following as always! Stay safe and always manage risk!
BITSTAMP:XRPUSDLong
by AschraM
19