Xrp-usd
XRP TO THE UPSIDE!?So I'm a longtime hodler of XRP so right off the bat you can consider my opinion biased. However, with that being said I am usually biased towards the downside because I never sell and then I wish I had and I am a negative nancy by default. But alas, I actually think we should be breaking to the upside. So just a real quick run down of my thoughts that should not be construed as trading advice because everyone writes that so I guess I should as well...............Blue horizontal support line (Support S1) around .86 cents just so happens to coincide with .786 Fib line. We are currently sitting right on top of that ~.90 cents. Red line (R1) that has multiple consolidation phases on it and also happens to coincide with .618 Fib Line looks to be first real resistance level and depending on how fast we get there time frame wise I think will determine what price we can look for but I am anticipating around $1.40 and quite soon within the next day or two due to the fact that we have formed a triangle from blue support and from black line which is diagonal line from a fib pulled off the ATH.......Looks like we are approaching a break out and I feel like the path of least resistance is to the upside. If it does break to upside I think green arrow it could go big or we could be trading sideways for a while to come. Either scenario is to the upside and both are substantial. Add the fact that we have endured a downtrend for a while not ONLY in XRP but in all Crypto assests and are slowly approaching the same time frame last year where prices really started to appreciate. Add that with all the good news built up over the last couple of months that Ripple as a company and XRP have had that has not reflected in price which makes me lean to upside. Please like, message, and follow so I can get enough points to start chatting:) and I'd love to get feedback on other peoples opinions.
XRP/USD - The market doesn't care where you draw your lines...I think we need to let the news regarding crypto regulations stabilize for the general population and more importantly for the corps to get "amped" about crypto in general. We'll probably hover around 1.00 to maybe 1.30 for a while. Keep in mind, this recent pullback from ~3.80-4.00 really killed it for a lot of new investors, and is still fresh in a lot of people's minds; time is needed to heal all the ego's that dumped their money in at the top. Soon enough, people will forget this and compounding positive news will springboard us to new ATHs. I think we've got a bit more time to go though.
Patients will win in the long run.
What do you guys think?
XRP to the moon in 2018TA
-Bullish divergeance, when extended line on price you see a perfect trendline
-Price above MA100 as strong support
-RSI reset and primed
-MACD reset and primed
moon? i think so. ATH in may or before.
FA
-SBI exchange in japan, XRP only at launch, trading pairs with XRP
-Partnerships for XRAPID use (xrapid uses XRP but is in beta testing right now)
-Current USA/JAPAN stances on regulation
XRP becoming more attractive $0.54-$0.56 area CRUCIAL...XRP is compelling in this area, but if $0.54-$0.56 area doesn't hold then we will revisit the $0.2226-$0.39887 range. Let's see if the 200 DAY and 30 WEEK SMA's can hold. That will tell us all we need to know for the short term...
For the LT I look at XRP as an OPEN ENDED CALL OPTION on the IoV. Stable company, good management team in place, let's see...
RIPPLE ,Buy opportunity for XRPUSD, let's hunt it together now!!Technical analysis:
.RIPPLE/USD is in a down trend But beginning of Up trend is expected.
.In D1-chart and H4-chart the downtrend was broken and "Bullish Exit" is occurred.
.Price is In the Bollinger Bands buy zone and below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.The D1-RSI is around 37 and above a support level 30. In D1-RSI and H4-RSI the downtrend was broken.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.67 to 0.32), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.67)
Ending of entry zone (0.32)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 1.12
TP2= @ 1.44
TP3= @ 1.73
TP4= @ 2.24
TP5= @ 2.73
TP6= @ 3.00
TP7= @ 3.51
TP8= @ Free
XRP at critical pointEMA 20/50 cross and critical daily close level. Prepare for more bearish behavior if the cross happens and support breaks. First support would be lower D1 but don't be surprised if it goes down to W1. Support after that would be swing low of first impulse up of the previous month A.K.A around the 0.6$ level.
If we do bounce, first target would be around upper D1 Level. If we break that then it's on to the bottom of the cloud based on Daily open and close Fib levels.
XRP: Rebound is Imminent and its only a matter of time!As most of you would know, the Crypto Market has recently undergone a major correction since the initial boom back in early/mid December. KRAKEN:XRPUSD was no exception to this correction as it fell from $3.30 to the current price of ~$1.30 around a -60% swing. Now that the correction is currently establishing a solid floor, whats next?
LONG: Currently XRP has been moving along with the Crypto Market, whichever way the wind blows in the Crypto space, XRP heads that direction. Therefore I plan to wait for a breakout of the 1.73 resistant levels to confirm a bullish demand and then buy in on the retracement afterwards, while keeping in mind of the overall crypto market as a whole. The RSI has also touched the floor of the previous downtrends as you can see the line on the RSI Chart, so the risk/reward looks attractive if you believe the overall Crypto market cap is going to increase over the year of 2018, of course with major corrections like the one we just faced. These major corrections are no strangers in the Crypto game and has been around since the beginning, mainly due to weak hands (22% of btc investors used borrow $) and blind money and government regulation updates. The crypto market is a classic case of "Be fearful when others are greedy, be greedy when others are fearful".
If the KRAKEN:XRPUSD market decides to go the other direction and breaks the $1.15 support then I would wait for further information before entering.
**These are just my ideas and personal opinions, your investment decisions are in your power"
Entry: ~$1.6-$1.7 post breakout
Targets:
#1. ~$1.90
#2. ~$2.19
#3. ~$2.70
The Crypto market had made a lot of winners and a lot of losers, so I wish the best of luck out there to all my fellow traders! #moregreenlessred
Please like, follow, comment and share!
Sincerely,
-T M F-
Bullish XRPUSDWe've returned to the yearly low zone where buying was found last Wednesday (BTC futures settlement which could have an effect on XRP due to correlations).
This Friday we also have the CME settlement. We will see more contracts expire, which could lead to greater BTC buying now the monthly hedge is complete.
In my view, I'm seeing a move to about $2.40 on XRP. I've noted this level as a target since it was a prior supply zone that broke a key low at $1.91.
We have also broken a key trendline and tested in in line with the prior yearly low demand.