Xrp-btc
Bitcoin vs Altcoin the game of Dominance 2hey guys welcome to a fresh update of crypto market, now things start to look more favorable for altcoin traders, as Bitcoin dominance keeps declining brings more and more fresh volume and high liquidity for alt markets, after all its time for a new altseason, so before moving forward its necessary for you to check my first update on altseason to briefly understand what's going on, here it is...
alright so now talking abt the top chart some major points we need to carefully consider
(.) The red and green belt which is previous resistance zone turned to be support zone is still in act and prices beautifully hold that level and succeed to from there, recent drop could be a pullback to retest the green zone and than we could start to go even higher.
(.) The downtrend channel which has been developed from July has clearly broken (blue circle) in the start of September and in end of September prices retest the upper line of that channel for a final pullback which clearly shows that bottom has been formed now.
(.) RSI making higher highs with prices making lower lows indicates for strong bullish divergence.
(.) Right now alt mcap is struggling at 21 daily ema hovering around 66.9b level which is not so hard for bulls to break, most likely we could see a huge spike from this level to which could test 200 Daily MA siting at 85b resistance level in coming days.
As looking by Bitcoin's dominance chart, quite clear that its moving in a downtrend channel from almost 40 days and keeps declining the resistance levels as we have already broke the 69.51 support level which also act as a perfect resistance zone, we're now moving towards to test next major support level the orange line around 66.58, but i think this looks weaker and we could easily drop upto 65.63 level where we could also test 200 daily MA in coming days, this indicates that alts will keep growing in coming days whereas Bitcoin could struggle with low volatility issues and declining dominance.
but thats also good for altmarket, as Bitcoin could remain stable will create perfect environment for altseason.
so thumbs up for your alt bag, keep hodl...
alright guys, that's all for now hope this idea will help you to make huge huge profits like the previous one's ;), dont forget to hit like and support us so we keep bringing awesome new trading ideas for you, follow us for more future updates, and do comment your opinion, we appreciate your response:)
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This is Husain Zabir signing out
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Home again
Fly away on Venga Airways
Fly me high, Ibiza sky
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
XRP don't be fooled, it will dump.Three exponential decays in money supply preceded by pumps in all of its history. And the peaks are also exponentially decaying. It is like radio active waste that gets recharged by fiendish wall street algo bots. If tradingview had curve fitting functions we can get a more precise picture of timing, peaks and bottoms.
I am just posting this, because of all the excitement around XRP at the moment. Total2 alt cap is rising, yes, because it is in a bear flag. It will drop soon, and XRP will go down with all the cryptos, including BTC, Because BTC market cap is also dropping. Investors are moving money out of cryptos.
No moon or Alts season, before we see the money comeback and re-accumulation patterns.
Just my 2 cents. In fact i currently hold $20 of XRP. maybe I should sell them and buy myself lunch.
$XRPBTC What You Talking About Willis
Monthly: Tweezer bottom left by August & September's candle, support found @ 2400 satoshis. Last time the price was this low XRP was listed on Binance, the following month price fell to 60 satoshis with a beautiful recovery. Price remains in a downtrend with a new low formed, expecting to see XRP to push for a new high (whether its a lower high or higher high)
Weekly: Price continuing to respect its bearish parallel channel. A close above 3272 satoshis should push XRP to a new high. Sept 23rd weekly candle leaves an imprint of break & retest. Stochastic RSI showing momentum in favor of the bulls with a short term cooling period.
Daily: XRP continuing to respect its minor uptrend. Symmetrical triangle broken and retested "Oct 5th-Oct 11th". Price now looking to form a higher high, rejection from this level could send XRP to 2700 satoshis. A daily close above 3320 is a good indicator we are heading up.
4HR: XRP respecting its 4hr uptrend, price now showing a bullish pennant. Stochastic RSI showing momentum in favor of bears. A 4hr close above/below the levels shown shows XRP next direction.
XRPBTC Bullish divergence. Time to recover the lost ground.Very simple bullish sequence indicating that XRPBTC is close to aggressively rise again. Besides the bullish divergence on the RSI, the price has completed almost 20 days above the 1D MA50, the first time it has done so since December 2018. All past such occurrences resulted into a strong bullish move. My idea as a medium term trade is to take the profit once the 1D RSI hits 87.00 or 94.00 (for the riskier ones)
Crypto Overview. Possible bearish movement otw. XRP is...Possible bearish movement otw. XRP seems to be holding support the best in my opinion. I snagged a significant amount of XRP sub .25 I feel that 0.13 is still possible but if that does happen I will buy even more. I have made good money each time buying xrp at .15-.25 So I will be attempting the same thing again.
xrp/btc pushed thru first resistance
xrp against btc has pushed thru first resistance , it has held there a full day on or just a little above, as I stated prior to this post in my previous post , the next few days are crucial, if xrp does not make it thru these vital areas of support and resistance it will be down and maybe to .17
I want to see xrp climb but it has to push thru the areas of resistance to continue thru are marked
XRP vs Gold - The real moveWhat if I told you the dollar will be backed by XRP and XRP will be backed by BTC and BTC backed by gold?
would you call me insane? Would you say I should walk away from this space now before I go too far down the rabbit hole?
Well its just a conspiracy theory. And that is where it will sit but its kinda not too far-fetched of an idea when you see how this entire space is developing.
I have a gut feeling that once the feds are done pumping money into the dollar as well as other currencies; printing will slow down dramatically beginning 2020. From here fiat currency will tank forever in a bearish market while digital assets and country by country stable coins begin to take over. These are called CBDC's. Central Bank Digital Currencies. Here is the link for anyone who has not done their research: 2018 publication
www.imf.org
It will be possible to still use fiat currency but it will be like going to the store and using a $2 dollar bill come 2045-50. It'll be rare to even need paper money in 10 years from now in America.
Today, paper money is in my wallet for a short amount of time -- if ever at all. For years now I never use paper money unless I had to withdraw cash to give to someone, but even then, I have paypal and other systems I can use now that have no fees for me to transfer (such as Zelle on PNC which PNC is apart of the Trump executive order for a new global fintech system which also uses Ripple's network indirectly.
Source : home.treasury.gov
Well I think that we will get this kind of announcement in the next decade or towards the end of 2028. XRP will be a driving force like blood in the veins of this entire network supporting bitcoin with oxygen and value diversification at near instant speeds. It is what will pump economic value inside the bitcoin system and all connected protocols that survive the full regulatory rodeo show we have been in since Jan 2018.
In a perfect digital asset / world here is what I would like to see form.
1. New assets for growth to swallow inflationary costs and over valued stocks / commodities / and other investment vehicles....this would put other markets into a corrective state while digital assets grow.
2. XRP would become the universal token for transferring money globally and not just for international payment transfers (that was just the beginning). It will become a "valuable" storage container to secure payments on, save money, make it fast, etc etc...and if the majority of money around the world is constantly pumped through the inter-ledger system it will constantly slowly grow in its value beyond $1 and it would become a perfect fit as a new $100 dollar digital asset liquidity coin/token whatever you wanna call it. I like to say investment vehicle because it acts just like that.
100 billion dollar supply is pennies compared to trillions of dollars. Anyone who thinks that supply matters here with this asset does not fully appreciate/understand the way XRP is destined to work. By design, theoretically, XRP can very well have a 10T dollar market cap and be worth $100 bucks or more if you want to believe that (id love that too), sit in 1st place, but be worth less than BTC forever.
3. XRP supports fiat money transfer but supports the basket of CBDC's that are being used as a vehicle as well for on-boarding and off-boarding value through multiple networks.
4. BTC becomes the official universal digital gold in support of gold usage since its a widely used conductor and in much of our technology it only makes sense to merge these two assets or make them co-exist as a foundation of support / LTC ends up backing or acting like silver and every invention you can think about with silver.
5. ETH begins to act like the S&P500 with hundreds of businesses supporting its value growth.
6. Other things as well but this post is becoming too long so im going to cut it here.
Overall, I thought this was a neat idea to share. Alongside I am posting a historical pic in the comment below of Gold because XRP is looking quite similar in development.
There is so much that can happen in the next 10 years I just can't fathom BTC, ETH, or XRP ever going away anytime soon. That being said....enjoy the waves of the market and be a proud individual to be able to live in a life where we can create opportunity out of thin air that can give us a prosperous financial portfolio.
My goal is to obtain over 100,000 followers so we can all support each other on an invite only scale social network of knowledge, trade, and donation to leverage each other up.
Something like this takes time and this is something I will reach and achieve by 2030.
100,000 people supporting each other over the next decade. Get at me, bring a battle buddy cuz we are going into new trade wars and id rather go into this next decade with an army of people beside me, not behind me, not in front of me.....beside me...taking on the next 10 years together for our families, friends, and ourselves. Because at the end of the day.....we deserve to life a happy life with less debt and more options for wealth and growth. Im sure there are many of you out there sick and tired of being tired down to credit cards, debt, always fighting for good income but being taxed like crazy, have little support or knowledge to grow on... well im here to tell you I am 1 of a few in this world ...a rare breed with enough knowledge to share that'll help many in this world.
If there is one thing I hate growing up knowing...it was the fact my government's system failed my parents and failed me and it was failed on purpose because its a faulty designed system to begin with and has been well known by the banks and federal government since the YEAR OF MY BIRTH. I was born 2 months before the 1987 Stock market crash. What is known as Black Monday...the impact it had on my family took away our opportunity for our family to be fruitful. We started over in 1987 and had little to begin with even then...
The picture is much bigger than just crypto currencies everyone...and I hope this post helps those who cannot see that ...begin to see....
Your network is your net-worth. Build it wisely...and always respect each other.... much love everyone
..as always stay safe out there. Manage your risk....and grow many avenues of investments in your life because there is time for you to do it now but you have to take action and stop telling yourself you will get to it. As my buddy told me yesterday...GET OUT OF YOUR HEAD AND ON YOUR FEET! Actions speak louder than words. Thoughts are just thoughts until they're written on paper and designed into a plan. We all know this but we all don't always live by it!
Make goals. Plan them from A to Z. Live by them like your life depended on it and encourage those around you to help guide you and your plans of life success (not just financially but def included lol).
Peace. Love. Trade.
XRP long idea3D bull divs, massive horizontal support holding, good R/R.
I always talk shit about cripple but they actually have some monster partnerships with banks trialing their product. Then theres R3, SWIFT, Santander, etc. Lot happening. Lets see.
Usually when I post ideas it goes the other way, and when I trade silently it works out, so hopefully im not jinxing myself here. Not financial advice!
XRP/BTC Looks Very BullishAlthough the XRP/USD chart looks quite ugly with a weekly close below the .25 level, the XRP/BTC pair looks extremely bullish. As you can see we have closed above a major trend line on the weekly chart. When trend lines are broken major moves occur. As you can see, at the start of the last bull run in 2017, XRP had 3 green candles very similar sizes before it yoinked upwards. Although that isn't very technical it is very interesting. First Target is 3356 second Target is 5532 sats.
Sky Rocket for XRP/BTC over the next few days
BINANCE:XRPBTC
Just a quick one. Xrp/btc is probably about the best bet for big gains in the near future, we are in the bullish terrotory on the rsi and i have a strong suspicion that btc will make alot of quick rallies that dont hold while it tries to bottom out on this retrace. So I am staying away from it at the moment. But i will expect rallies from XRP to stick so therefore xrp/btc makes a sensible choice as i feel it will likely rise on btc rising and also rise on btc falling
XRP CLOSING MY LONGI don't like that alts are following BTC, i am closing my XRP long, only BTC short still active.
LOOK LIKE CAPITULATION COMING. stay safe!
Enjoy.
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