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XRP - A tail of symmetry and getting rektAs humans we Look for similarities and repetition from a young age; it is a natural learning process which enables us develop skill and knowledge. I have taken this simple rule and cloned the two most common moving averages - 50 and 100. It has enabled me to filter out the noise of the market which makes this current move look similar to the one my RED arrow is pointing too. However using Support and resistance, BTC dominance and this swish MA clone - the current move checks out to be very similar to the opposing purple box. The green line above was my short entry, cause ripple sucks. I may be wrong, i've never worked on a trading desk and the first time i looked at a chart was in october however something smells like a trap here. bounce targets on 1,2,3 new cycle / moon december/jan 2018-2019
Short
by Basil13
2
Accumulating Altcoins Part IV: Ripple (XRP/BTC)Like last 3 charts I posted. Ideal opportunity to accumulate the biggest losers in crypto. This time it is Cripple, probably the biggest trash in my portfolio. Down 70% from its ATH 3 months ago. XRP is known to pump like crazy when alts rally. Buy, set and forget. It is charted on a 1D chart so make sure you hold accordingly (aka, medium to long term). Can easily surpass its previous ATH in BTC if Bitcoin keeps dropping. Cautious traders: STOP LOSS at last fractal: 0.00006900 BTC
Long
by AaronCrypto
2
Bitcoin, Eth, Xrp: Are you bottoming buddies?Hi traders, You all know that cryptocurrencies are generally following the trend of their master, Bitcoin. When Bitcoin goes up, not every cryptocurrency goes up. But when Bitcoin goes down, every cryptocurrency goes down. Cryptocurrencies are Bitcoin, and Bitcoin IS cryptocurrency. These 3 charts, are showing extremely beautiful bursting bubble patterns, believe me you will not see such brutal up/down parabolic charts that often in your life. Normally. We can see that Bitcoin seems kind of not close to bottoming if we follow the standard Bubble chart phases, especially if you compare it to the Nasdaq Composite pattern. But. Paradoxically, Ether and Xrp, seems to be close to a potential bottom, which is surprising. This means there have been some delay or different type of rallyes (Xrp only started to truely rallye, Btc and Eth rallyed in may, but Eth had a slightly longer bullish period of time than Btc, explaining its larger pattern). They did not truely follow the exact moves of Bitcoin. This is very interesting, because IF Bitcoin is not bottoming, this could mean that the possible bottom values of Ether and Xrp could be less dramatic than the Bitcoin possible bottom, as there is not a lot of room left to go down, unless these coins reach a value of 2016 or early 2017, which could be dramatic for some Hodlers. Nota: The structure of these crashing patterns is so much parabolic from the rise to the down, that their value could reach extreme lows if bad Fud keeps on regulary appearing in the news. Basically, their crashing structures allow their own value to possibly go extremely low. I am especially concerned about Xrp, as its pattern is almost just 1 single giant head and shoulders harmony, which could mean it has enough structure power to put Xrp value... very close to zero. We can also see that Xrp started its rally after Btc and Eth, and is already deeper in its crashing phase, as it already destroyed its own rallye trend line and is well below it. Maybe Xrp is giving us a possible trend that Btc, Eth, and other major alt coins could follow. It is just theory, but it is possible. Good luck and may the force be with you.
BITFINEX:XRPUSD
by Giovi6969
XRPUSD (Volume Analysis Prediction 3/04/2018)Ticker: XRP/USD Exchange: BITFINEX Signal: mid-term @Long We see that the whole market as a whole began to grow XRP has overcome significant resistance and if the price is kept higher, we will see continued of growth. The location of the next strong resistance (zone 0,56 - 0,58) allows to open a long position with a good risk / profit ratio But the final reversal has not yet happened, be careful Entry point: 0.535 Stop: 0.516 Target1: 0.574 Target2: 0.595
BITFINEX:XRPUSDLong
by mooncatcherpro