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XRPEUR

XRPBTC: Becareful PeopleHi All, It's all in the chart: XRP Moon Action XRP: Cross bullish territory, becareful people this could be a trap. I'm not sure what catalyst is pushing XRP to make this type of gains. Hence, I'm staying on the side line awaiting for a pullback, don't fomo people. Remember a good rule of thumb, what goes up must come down. Be sure to follow me and like this post if it was helpful, and thank you all. Like the Phoenix we will rise from the ashes Happy trading People....
by letsgetit
2
XRP: The great Tribulation1. Introduction Is XRP starting a new bull-run? This question is legitimate… XRP took up 20% in a couple of hours! It is quite unexpected as we have not seen such momentum for weeks! Let make things clear and extinguish all useless euphoria; XRP has won a battle but all enemies are not defeated yet. Please, have a look at my last post if you need more details: 2. Methodology: In my previous analysis, I have identified a couple of resistances and supports and they were used to describe XRP price movement since 2015. Today, I would like to keep that set up in the radar but add more details and arguments to nuance my previous view on XRP about: i. the current supports and resistances and will describe what it entails to the future of XRP price ii. the Elliott Waves Theory to identify where XRP is currently moving iii. price extension/retracement through Fibonacci, Pythagoras and other mathematical sequences iv. Geometrical figures that could confirm XRP price movement 3. Analysis As XRP just crossed over 2.111 and as I believe it will find it as a support for at least the next days, I would like to focus more on the next indicators. In that sense, I have added a new enemy that I called The Great Tribulation 2.3 (in red). It is extended from the same method as 2.111 but extended to 2.3 instead. We can see that this exactly where XRP reached $3.40 in Jan 2018. Moreover, 2.3 is also finding a culminating point with the Resistance of Feb 2018 (Orange) as well as the Golden Support (Yellow 4.772). I would like to stress out the importance of 4.772 and why I think that 2.3 will play a key role with the Feb 2018 resistance at $0.50 Since the beginning of crypto, every single time XRP finds 4.772 as a support to begin its bull run. It happens 100% of cases. Can I confirm that if XRP crosses above this resistance and find it as a support, there will be another bull run? Most likely! I will explain why afterward. Mini Bull Run 2015 Continuation bull run April 2017 and Dec 2017 So, today, where are the resistances and supports engaged in the war? a. Supports: a. 5.236 (green) b. Support Feb 2018 (orange) c. Short term support that was a resistance (purple) d. Currently EMA34 (red) e. Currently parabolic 2.111 (white) b. Resistances f. Resistance Feb 2018 (orange) g. 4.772 – Golden Support/Resistance h. Currently EMA55/89/134 on the daily chart i. The Great Tribulation 2.3 Be aware that the last 2 times, XRP failed to cross over EMA55, succeed just before while crossing over 89 and 134 but failed in February 2018 to cross over EMA55. Today, it seems that XRP has difficulties to cross over EMA55 again If it succeeds it will have to deal with both EMA 89 and 4.772 and EMA134 right after, so I do not think XRP could break straight all these resistances. On the other hand, I think XRP has the potential to reach $0.41 at EMA89 touching 4.772 then retesting a second time 5.236 at $0.29 to gain some energy and break the long term support (orange) as well as the Golden Support at $0.50 I am also more convinced by this scenario based on the energy that developed the first wave (bare in white) at the culmination point of both support Orange and Purple. We can see that there is a price level of 0.014 (which is an extension of 3.14 -that is used to draw the entire figure). It is actually crossing in a lozenge 2.3 – The Great Tribulation, 4.772 the Golden Support/Resistance and the Orange resistance XRP seems to move inside this number 3.14 – so let’s see. However, I would like to be clear! If XRP is not able to break above EMA55 – it will probably break below 5.236 (green). The next stop is at $0.20… NB: for finding 2.111 a) I have drawn a slope from the bottom to wave “iii” (August 2014 to 17 May 2017) b) I have drawn a circumference of 2.111 (in white) which is an extension of the square root of the golden ratio 0.236: a. 55/233 = 0.236 b. 1+0.236 = 1.236 c. √1.236 = 1.111 d. The extension of this number is 2.111 (1.111 + 1) c) I have drawn a trendline along the previous slope from the bottom to wave “iii” with the constant “pi”, which is “3.141592653589793”. I have used “pi” as an axe and it perfectly matches the price movement of XRP inside the circumference of 2.111, you can see that from this number, I have been able to draw my resistances and supports in orange and purple. d) I have drawn a trendline in yellow in the circle along 3.14 but this time; I have used 4.772 (time level) which is the extension of “pi” (√3.14) +3. Remember that 4.772 perfectly matches with the slope 3.14 that I have drawn e) I have drawn a trendline in green through 5.236 (time level) which is an extension of 0.236. Remember that in proportion 5.236 perfectly matches 2.111 white parabolic circle (Point “b” previously described) j. What about Elliot waves? I like Elliott Wave Method very much because with the price extension, it helps to provide an overview of the price action but it is sometimes difficult to start counting the first wave… A) First possibility Because XRP has already reached it first wave above 0.786 – vis-à-vis the second wave, we could assume that the third wave could potentially reach 2.111 on the resistance (orange) and correct slightly on the Golden Support 4.772 To make this scenario happens, XRP has to break above all the EMAs (34,55, 89 and 134) and it has to cross over 4.772… The fourth wave could correct slightly, so it would make sense… and the fifth wave should be in the intersection of the culmination point previously described. A good starting point for this scenario should be XRP crossing over $0.34 (EMA55 on the daily chart) B) Second possibility XRP actually started its first wave the 12 of September 2018 and is currently finishing its 3rd wave – EMA 55 is too strong and XRP has to find a support on EMA134 on the hourly chart, which correspond to 0.444 retracement . If this scenario happens, I expect a weak fifth wave, maybe truncated at 1.333 or at 1.886 C) Conclusion I think XRP has a lot to do, it was a great momentum today with 20% growth but it has to break EMA55 on the daily chart – it is so important! Every time XRP fails to break EMA55 ($0.341), it goes down and down and this time, it will be a return at $0.20. If XRP is able to break aboveEMA55, it will have to deal with EMA89 and 134 but the third wave will be on its way so I do not think they will cause so much troubles. Moreover, XRP will potentially test the golden support 4.772 The RSI and the MACD are crossing over on the daily chart and are showing a bullish momentum. Will it be enough to get over EMA55? So you understood that everything is played now! Watch out! I will keep you updated, please share, comment and like my analysis! Ma maîtrise est sans faille et mon skill sans égal. Magic`ArKaiN
POLONIEX:XRPUSD
by Satonacci
19
XRP: The face of the Beast - September 2018Please, have a look at the beginning of my analysis if it is not yet done. Otherwise, it would be difficult to understand this one (link is here: ). Yesterday, I told you that XRP on the hourly chart will give another try to breach 2.111 but it was unlikely it could succeed. Indeed, XRP only had EMA55 on the hourly chart to be supportive against 2.111 on the daily/weekly chart. I also mentioned that during the first tentative to break 2.111, 8 billion of XRP were transferred. Even though the transfers were processed from wallets to wallets, they could simply represent Money Management and / or equilibrium of budgets against hundreds of other wallets that are used for other purposes… and never connected to the wallets we have seen. My stomach says that it is highly suspicious and it could be a hidden wall to stop XRP to break this 2.111 parabolic resistance. Today, I can see that XRP has formed a nice parabolic movement around another 2.111 circle and where the price still moves around. I have identified a Cosinus in a trigonometrical circle and drawn a diameter, from the right radius there is a 34° angle (Golden Number) that perfectly matches the current support where XRP is moving now: • Around 2.111 circle (in purple) • On a support called y=x which is the bisector (in orange) • Against the long term parabolic resistance 2.111 (in white) • Against EMA34,55,89 and 134 I think the Bisector y=x will be a strong support for the next hours / days as it has developed a significant energy through its rotation. I believe another tentative will be tried out to breach 2.111. Again, the likelihood to break 2.111 is low but let see how the Big Banks are playing this out Ma maîtrise est sans faille et mon skill sans égal. Magic`ArKaiN
POLONIEX:XRPUSD
by Satonacci
12
XRPUSD: A breakout above $0.38 is necessaryPOLONIEX:XRPUSDT Dear traders, please enjoy my trading analysis, I go straight to the point, no bla bla. KPIs -XRP has to break above $0.38 to start a reversal tendency -If it fails, we could go back to $0.20 - $0.28 zone -In my opinion, between $0.28 and $0.38 is a no buying zone - we should have a confirmation (with volume) above or below Arguments 1) Current $0.38 objective is based on the long term parabolic downtrend - it is used as a resistance (in white) - look at how XRP tries to get out of this circle but failed systematically - the more it tries, the more it goes down. Pay attention at how XRP is stuck between this white parabolic trendline and the purple middle term support. To some point, XRP will get it out and explode. In my future analysis, I will provide details on retracement, so we will be able to narrow down price movement and identify buying or selling opportunities. 2) The second resistance is the EMA55 - XRP succeeded to break it in April but failed against the long term parabolic trendline - today, the long term parabolic trendline is touching EMA55 - so, we might assume that the rock bottom is here or very close, as if XRP breaks EMA55, it will also break the long term trendline - which never happened. 3) In orange, I have drawn a support and resistance line where XRP bounced back and forth; we can potentially foresee an upward price movement based on this inverted triangle. 4) Price contraction among EMA55 long term parabolic downtrend, long term support in orange and middle term support in purple indicate a big price move soon or later. Ma maîtrise est sans faille et mon Skill sans égal. Magic'ArKaiN
POLONIEX:XRPUSDLong
by Satonacci
1
XRPEUR - A StochRSI rejection & September's roadAs expected in the previous idea, #xrpeur got rejected around the 1.40RSI. Now, level 0.00 will be important to watch this month. Huge bounce could occur early september. In the meantime, I expect a big dump until 0.20€, even 0.19€ after the 20th. But before that, we still have room for som quick pumps. I find it risky thought and I prefer to wait for a clearer and safer entry. Just my opinion, not financial advise. Do your own due diligence.
by VonHazel
XRPEUR - A StochRSI rejection for the weekly & September's roadIt seems that the weekly StochRSI leans towards a rejection, which would lead us to the pursuit of the downtrend until the 0.19-0.20€ support line. StockRSI seems too high to me and its retracement to an full oversold 0.00 level would perfectly bring us to late August-Early September. We have some time for quick bounces until the Monday 20th of this month and the Bittrex XRPUSD pairing. Not sure if bulls have the guts to defy the continuous sold out occuring this month before sept-oct expected new stock-exchange based apps. I really start to like how the 2017-2019 support line is shaping right now. #xrpcommunity #xrptraders #xrpeur
by VonHazel
XRP Market Manipulation. Will XRP run with the Bulls in Q2?firstly i want to say im very new to trading and analysing charts but i wanted to post this idea up to see what people think of it: Does anyone else think that XRP is being sold down by Ripple? They do own a very high percentage of the total supply and it would make sense to keep the price low which would make it more attractive for banks that would want to buy large volumes of XRP. We all can agree that the alt coins follow the lead BTC to a degree but this is the crypto world and the saying i hear all the time is ''Anything can happen''. Id appreciate any sort of feedback from anyone who has anything to say haha :)
Long
by StephenGuilfoyle
3
[XRP] A global settlement asset - Retirement by 2021Not investment advice My "trading" plan for the next couple of years. XRP tends to move violently during a 30 day expansion period. It extends to the 4.76 fib extension and then consolidates/corrects for 200 days down 83% to previous all time high. On this chart I've plotted the trend to predict a possible path for XRP. Fundamentally XRP is utilised mainly in the fin-tech software called "xRapid" developed and sold by fin-tech company Ripple. xRapid eliminates the need to hold nostro vostro accounts to provide liquidity. Today these accounts hold $21T dollars globally to facilitate settlement through correspondent the banking system. Ripple also sells a messaging software called xCurrent which is disrupting the legacy correspondent messaging system SWIFT (1970 tech). xCurrent can source liquidity through xRapid and settle payments in highly illiquid markets in under 2 minutes. This is absolutely revolutionary technology. Ripple's xCurrent software uses the Interledger protocol (ILP) which is being adopted as a W3C standard for payments routing (like the Internet Protocol (IP) is routing for data packets) the ILP routes payments packets to ANY ledger (bank ledgers, blockchains, mobile wallet and more) no matter the currency. In theory you could use Ether (ETH) to pay for a coffee, if the coffee shop's payments system implements ILP. There is no need for the question "Do you accept Ether?" it automatically routes the payment and exchanges the Ether to USD in a matter of seconds. The Interledger Protocol settles with any currency, but automatically finds the most efficient, cheap, liquid option which curiously enough Ripple believes is XRP. Ripple employee Ryan Zagone is on the steering committee of the Federal Reserve's Task Force for Faster Payments , which goal is to upgrade the entire US banking system's infrastructure (Ripple/Interledger for interoperability and cross-border payments?) Chris Larsen - one of the founders of Ripple and currently Executive Chairman - is on the International Monetary Fund's (IMF) Fintech Advisory Group as an advisor (again Ripple/Interledger for interoperability and cross-border payments?) Maybe I'm going crazy, but I see XRP as the best investment opportunity of a century. Now back to my 2020 T3 target of approximately €385 XRP solves many problems, but the first big $21T problem is the nostro vostro accounts used in correspondent banking using SWIFT. €385 * 50B XRP (estimated circulating supply) = $23T market cap I'll just leave it at that. - Cryptocamp Not investment advice
Long
by cryptocamp
32
A Long-Term Trading Opportunity To Buy in Ripple/Euro ...Technical analysis: . RIPPLE/EURO is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.55 to 0.38). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.55) . Ending of entry zone (0.38) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , 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 the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.76 TP2= @ 0.96 TP3= @ 1.39 TP4= @ 2.33 TP5= @ 2.86 TP6= Free
Long
by ForecastCity
1
A Long-Term Trading Opportunity To Buy in Ripple/Euro ...Technical analysis: . RIPPLE/EURO is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.55 to 0.38). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.55) . Ending of entry zone (0.38) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , 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 the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.76 TP2= @ 0.96 TP3= @ 1.39 TP4= @ 2.33 TP5= @ 2.86 TP6= Free
Long
by ForecastCity
3