XRP Critical pointHi traders
If you see my last post you will find why XRP is coming down , But now it hits a major trend line , its time for XRP to make a decision 1- Go up (and break that downward trend line) to 0.8 or 2-Go down to 0.08 ; Timing of this act tells me it will go up but my concern is BTC corecction ! So check both of these pairs to make a decision BTCUSD and XRPUSD
Best wishes for your trades
Xrp-btc
Cardano ADA/USDT - falling wedge im long ada/USD and ada/BTC both look good in terms of timing for a move upwards. this is a 4 hour chart showing a rising wedge complete OR almost complete. Can this just DUMP from here? of course it can and it may lol. but we have to go based off TA and this chart pattern is very strong.
this can be a ABC correction and continue down more.
OR this can be a 5th and last wave up before a new correction starts.
XRP/BTC - another shot at analyzing this lollooks like we fell from a rising wedge, to a channel. This channel has held price inside of its boundaries for 120 days so it seems to be a solid channel to rely on. What I am expecting is a bounce to the top of the channel then another lower low. We could just break out here but the more probable thing to do is hit then channel for wave E.
XRP-BTC vs. XRP-USDT and Bear TRAP detectedFirst, i would not trade a top 10 coin on btc pairing.
While market have some balance, and btc-usdt is major ship.
Just say 100 market maker, funds,.. trading btc-usdt and can move it up 1% hourly.
All altcoins, incl. XRP are affected from them in BTC pairing first.
But we are not in fully crypto currency times now, that means trade it on usdt and stay safe.
I see on xrp-btc pairing 2 channels.
One of them is true trading algo-trades pattern.
That's the magenta one.
The red one is BEAR TRAP. It tricked algo trade bot's and let them sell large amounts on xrp.
btw, t's easier to catch xrp on btc pairing.
You can see the on volume candles.
Bear trap is started on (1) and continued few days until reached (2).
We broke with that bear trap ultimate long term btc pairing line.
Now, accumulating back and we will see a slowly uptrend until (3)
Critical point 6720sat and if we can continue 7450sat should be easy until 20 may.
I see it as opp. for buying cheap xrp.
How ever, look more on usdt pairing, where mostly volume comes here.
I guess, we will see some rumor and FUD campaign for price pressure like J.P. Morgan will replace ripple,....
don't care, hold tight folk.
XRP-BTC pairing had a harmonic channel before this bear trap!
All signs for manipulating for cheap ripple are there.
Stop loss: 5650sat, safe your self from another bear trap!
Time to buy Ripple!hi guys, short term,...few week term until btc tops, i think ripple could be risk low coin you can choose to buy to go long.
4hour xrp, i think it is overall big ascending channel, from few month ago..and now, 4hr/daily looks bullish to me.
0.33~0.32 dollar...should be buying range.
under 0.31 dollar should be stoploss, but check the boxes for entries. the coin is basically slow, but i think it would go up.
try to buy small amounts..whenever price drops into the boxes...no all in.
the target is weekly baseline, which is around 0.43 dollars...xrp in the past, after breaking above the descending triangles/falling wedge, it tends to shoot more then that(usually because it closed above weekly baselines daily...)
so i guess around 0.5dollar or some more.. could be MAX move. it would have difficulties going in the weekly cloud,more like massive sell off would come.. i do not think it can even touch it..by that time btc will top too..
and xrp/btc...attractive enough to go long in bitmex or binance...macd golden cross...oversold with escaping the falling channel..trying to make divergence..everything points at going long i think.
so good luck. dangerous considering btc is hovering at dangerous levels..but xrp tend to go up when btc is in consolidation or stale.
stoploss should be under 0.31dollars for this move. i do not think it would come to 0.31 dollar before moving up..lets see.
thanks for reading! have a nice day~
XRP Ready To LaunchSince touching the bottom of $0.25 in September 2018, XRP has continued to produce higher lows. Though we will discount the Swell pump as that is something that typically happens yearly with XRP. Post Swell saw XRP return to the $0.28 region. In recent history XRP has found that $0.38 is a key level of resistance. Every time that XRP has attempted to breach this resistance it has been met with rejection and pushed back down to the $0.30 region. This has allowed traders and investors alike plenty of opportunity to accumulate for their positions.
Moving onto the indicators. The RSI indicator bottomed out in August 18, and has since produced higher and higher lows. This tells us that buyers are taking an interest at these lower levels and that slowly, the bulls, are beginning to gather strength. The same can be said of the MACD indicator, though it bottomed in April of 2018. This is not surprising as the trend usually continues even after the MACD has either peaked or bottomed. Though, as we can note now, the MACD is approaching neutral 0 on the 3-Day chart. Looking at the price action versus our indicators we can see that there is mounting bullish pressure with XRP.
It is typical of XRP to have very long periods of price descent followed by long periods of accumulation. These are almost always met with a sudden burst of energy upwards producing tremendous gains for those who accumulated. It seems the time for XRP to make a move is not in the distant future and is going to be upon us quite quickly.
For this expected move traders could even enter at current price levels at $0.328, though optimally buys closer to $0.30 are preferred. Laddering in with a stop loss above $0.34 for entry is certainly an ideal position. The resistance levels at $0.38 have been tested three times. Typically, we find that when a support or resistance level is tested on the fourth time they break. Please note that this is not always the case, and that proper risk management is absolutely necessary.
We will enter position here with a stop loss of $0.29. The target for the move up is the fibonacci extension that brings the target to $0.50. However, it may not reach precisely $0.50 as there is a lot of resistance at this level. $0.48 is much more reasonable a target. It is quite possible that XRP will touch the "Dump zone," at $0.50 where it is likely to be met with a swift rejection. From there we will look for a move down and consolidation. Entering at current price levels and hitting $0.50 presents us with a gain of 54.68%. Good returns for any trader.
Ripple looking to make a moveNot Financial Advice:
Possible scenario: Lots of selling pressure have pushed this coin down hard to a good buying and consolidating zone, and now XRP looking to make a move. Stop loss in place, I want to see a push up to 9k sats. There may be one more strong push down to shake weak hands. Time will tell.
XRP/BTC Big Move IncomingThis article is mainly for the purpose of being an "trade diary", so that I can view my past mistakes or good calls and learn from them.
XRP/BTC is currently testing a critical support level that turned out to be very fruitful in the past.
At the time of this writing the depth of the sell side of XRP/BTC is absurdly strong. There is no buy support below 0.00006600~ BTC, but there is a strong wall defending 0.00006700~ BTC.
This is a high-risk trade, because the next support levels for XRP/BTC are way below 0.00006600 BTC.
My trade:
Buy target: 0.00006800 - 0.00006900 BTC
Stop-limit: Stop - 0.00006575 / Limit - 0.00006500
Sell target 1: 0.00007500 BTC
Sell target 2: 0.00008000 BTC
If it breaks 0.00007500 BTC, raise stop to 0.00007250 BTC and limit to 0.00007175
Notes: I expect this trade to last around 2 weeks from this posting.
XRP/BTC potential set up for huge gains and low risk.this looks really good. its a quick analysis, if you follow me you will see my more detailed analysis on a higher TF.
this looks like an descending triangle which would break upwards if we can see it hit E
it can also break up earlier but to be safe, a Purchase in the green zone will help. SL and TP are posted on my telegram channel. comment below if you're interested in joining fo free!
I hope this helps!
good luck!
XRP/USD - Fractal analysis of Ripple fractal analysis... you guys probably think im crazy lol
but take a look at this.
both had a handle after about 30-35% increases from bottom of rounded formation.. both have a ascending triangle looking in the middle (RED) between adam and eve...
call me crazy, this may not work lol... BUT, I personally see a great opportunity to make some good gains.
I like this fractal and it meets alot of requirements Im looking for in a trade....
Good luck