Xrpbtclong
XRP (Ripple) Possible Elliot Wave formation.I explained most of it on the chart.
On binance XRP seems to be accumulating volume and tries to break out.
If it breaks, I think it will follow this patter.
Buy ~7570-7600
Target ~7800
Stop Loss - 7500
R;R about 2.5:1
This is my first post and first chart published. please comment if you think I should improve it somehow
XRP trajectory still seems further down.I think we could see some slight spikes upwards, but I think we'll maintain our downtrend.
I think the logical support could be an important piece to see if we totally plummet, or see a good sized increase. Only time will tell.
Again, I am curious to see what you guys think.
XRP 4 hr, LongIts looking like another XRP slow bleed here for a little while. As the set up happened back before all the big pumps, theres a period of many red low percentage days, and a price stabilization. Any news near the end of the month followed by a further tightening of the Bollinger bands could lead to another monster run for xrp within the next month-6 weeks.
XRP Ready to Bull RunAccording to Stoch RSI, XRP is very close to rise again. If volume comes, we will see a minimum %15 raise from that point.
My trade strategy will be;
Buy Target: 10 unit from 96k
Sell Target1 : 105k 5 unit
Sell Target2 : 120k 5 unit
Target Profit: %17
(Additional Buy target : 5 unit 95k / 5 unit 94k / 10 unit 93k)
Sell Targets will be updated if additional buys applied
Stop Loss: x 85k
Ripple - a wee whitecap or surging swell?!? (what's to come)Good Morning! Lets take a look at BINANCE:XRPBTC !
Looking at the chart above I have identified triangle patterns all the way back to early December 2017. We can also see triangle patterns inside of triangle patterns (coincidence... no, it's beautiful geometry and fractals, haha) Looing at the large descending triangle we can see that we are forthcoming on the fringe of the point! And the very last candle just barely broke through the top of the triangle!
Is this just a small whitecap or will this become a surging swell?
The RSI is turning up (and producing higher lows), the ROC is about to cross the support line (also producing higher lows), AND the MACD just touched and is turning up. ALL are very positive signs and could show us a potential bullish run is about to occur.
We could still see BINANCE:XRPBTC touch the support line again soon but when price is falling and the MACD is rising that is a positive sign as well. SO, If you wanted to take the chance now would be a good time to buy with setting a stop loss just below the support line. If we fall below the major support line we could drop significantly, however, all signs are positive and if we bounce we could see a nice bull run begin to form and see a ripple create a new wave.
Any and all comments are welcome!
Happy Trading :)
BINANCE:XRPBTC
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
XRP/BTC Breakout from huge wedge, wavecount, price predictionsHey my dudes, here's my take on the horrible, horrible project that is XRP. I can't even begin to explain how much I hate this one, but this certainly looks a trade I'd take so I'll take it. I'll keep you updated, but this is a rough sketch on what should be going down. Keep in mind that this is compared to the BTC, so this can both mean that BTC goes down a bunch (XRP doesn't rise in value compared to the $), but it could mean it does go up compared to the $ also and both of these are fine. Take care <3 I'll keep you updated~
XRP RIPPLE XRPBTC XRPETH XRP/BTC XRP/USD XRP/ETHLet me start by saying I am not a backer of this coin and have nothing into it. It is a centralized coin and they can create more ripple out of thin air which makes it about as valuable as the Dollar. With that said the technicals are not looking bad for entry once RED ICH cloud resistence is broken IMO this will signify completion of the long and painful correction for the HODLers..... You have to take profits!! FUCK RIPPLE but if you want to play we will see upward movement soon.
XRP/BTC: A fateful decisionRipple will get dumb again or up straight to the stars, i mean buy that the resistance area up there. This will happen after a while (2 months).
If it get dumb again under the support area the growth will take much longer, maybe even to 3-4 months depending on the state of the market but when it does not make it that way! We will reach 0.002 BTC for less than 2 months, just hope for the best.
The next image will explain everything:
Purple: Fast growth.
Yellow: Slow growth.
XRPBTCThe original Support/Resistance from the beginning of this recent bull run are in GREEN and represent a BULL Scenario. The recent reversal in momentum though may spark a reversal that consolidates down to the 73% on the FIB level where its a buy. I bought in on the 50% level now and am betting on the trend continuing upward. The reason: Everything in Crypto is long long term and Moneygram is going to be using $XRP. That news just launched 24 hours ago.
But to make matters worse a law suit was filed against Ripple but this seems like a former lovers quarrel between owners rather than an advocacy group or worse the FED. So I'm still Bullish on this scenario.
However if a close happens below the 11900 level, it's a bad sign.
Ripple - The New Bitcoin - 3$Hey traders! In first place I would like to thank you for all your support and great feedback, I really appreciate your comments, opinions and chats, and I hope to learn more from you everyday, this has been an amazing experience :)
Today I bring you another Ripple´s analysis based on a longterm tendency line I indentified in the logarithmic Price Scale. If you don´t know what log price scale is, you can find the explanation at the end of this post. Since my last post (linked below) Ripple´s has had an amazing performance, almost reaching to the $2 dollars target, which is an important psychological level. This level is important because there might be a correction before another bullish movement (somewhere near 1.620 - Which is exactly the 0.382 point of Fibonacci scale), and therefore, we might have the opportunity to buy a bit cheaper.
I also want you to notice volume development (bullish) and MACD indicator. The first one (volume) is an important characteristic for support the idea of a bullish and strong market as Ripple. Most importantly, it tells us bullish tendency will continue in future. The second one, starts showing signals of an inflextion point, which is exactly the place where we can wait for a market correction before the a next bullish wave.
MY ORDERS
BUY STOP: 2.05 (If correction doesn´t occur)
BUY LIMIT: 1.620 (If correction occurs)
Take Profit 1: 2.9900
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
What is a Logarithmic Price Scale?
Well, in first place you have to know there are two different ways you can observe the charts: arithmitc scale and logarithmic scale. The main difference between both methods, is that in the arithmitc scale, the vertical price scale indicates there´s a same distance for each price variation unit. On the contrary, logarithmic price scale shows the prices based on porcentual increments -or decrements-, that means that the distance between 1 and 2, is exactly the same distance between 5 and 10. Link to image: www.chilebolsa.com
Are you interested in Technical Analysis?
I recommend you the John Murphy´s book: Technical Analysis of Financial Markets. It is a great introductory book.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
XRP/BTC3 minutes ago
Hello,
I will share my idea with you. But first you have to know im not trader i cant do technical analys. But i analyse ideas of top traders, made my own opinion and decision. I like more invest than short trade.
Ripple is in good condition. I like coin and tecnology so:
1. Google -0.31% . Main paige is allways marketing page. So get the people oppinion and fundamental
2. Check top traders analys
3. Make own opinion
Ripple go throug BTC -11.41% correction very well. On my folio Chart was only one coin on green zone. With nice and slow like now BTC -11.41% uptrend - should support XRP growth. I guess that 16% of profit with 8500 target is quite save. My Sell order is on 10400 and its my second target. But i think that isnt end of profit.
But...Even Warren Buffet can predict market movment...
Feel free to comment!
XRPBTC 1D Wyckoff Thoughts - 10.18.17Just jotting down some quick beginner thoughts on the XRPBTC daily chart.
- Potential Wyckoff accumulation in play, nearing Phase C pending spring.
- Large panic/anger dump following the lack of major announcements at the SWELL conference, seems to be an overreaction.
- Support levels are quite strong around 3500 satoshis, seems to be the local bottom.
- Potential edge to edge trade should we enter the cloud.
Opened a position at the current price (0.000039), stops set around 0.000034. Will be keeping a close eye on this one :)
Best of luck!