XRPEUR
XRPUSD Bullish BreakoutNotes:
- Inverse Head & Shoulders forming
- Looks to be in a channel, currently at .2, Strong support at .15 and resistance at .3
- .15 - .185 looks like a great buy zone
- RSI + MACD have room for upward movement
- Will wait and update trade depending on movement towards support or H&S completion.
XRPEUR Prediction - Release the Bull SWELLXRPEUR is starting to form a nice triangle with a strong support at 0.198 EUR . We should expect one or two more cycles and then if the support will hold we will see a strong bullish movement. We can expect resistance at 0.236 and 0.256 EUR.
STEEMIT FOR THE MOON !
XRPEUR Analysis of BasesWhen we look on the hour grap for the last 14 days we can see two clear bases. One at 0,201 EUR and second one at 0,168.
If the base at 0,2 will keep holding we might test the the resistance at 0,224 and at 0,234. If not the next big can be found at 0,168
Ripple has been very unpredictable in the last several days. At first it jumped to 0,23 EUR Afterwards it fell Rapidly twice and now it is consolidating before another sudden change.
Since the Torono Convention is coming up in 3 days i beleive we will see extreme sudden changes in the coming days. (Source Convention: ripple.com )
For newest announcement from Ripple you can have a look at twitter.com
XRPEUR (8h): Fib 1.62 (0.22 > 0.33 EUR 50%) short term possibleRipple / EUR: Short term Fibo 1.62 possible (0.33 EUR)
At the moment there might be a nice possibility to trade with Ripple short-term. Ripple behaves quite well after Fibo. Therefore, a rise to 1.62 could well be an option . Regardless of this, Ripple Long-Term is an interesting option to go long.
Possible targets: > 0.25 EUR > 0.33 EUR > long term 0.5 EUR and more
Let's see what happens. Happy trading. :-)
See also:
XRPUSD - Chart Sept 16
XRPEUR: repeated pattern/trend?Similar pattern as
currently bouncing of a double support level and most likely progressing upwards in the short term to the next resistance level
mid-term seems to be still down trending from where it could develop upwards.
If history/patterns repeat(s) we might see a large breakout soon.
I personally am a believer in what Ripple is doing. and where they are heading
How this progress/news will reflect on the actual future XRP value i'm not sure. (if at all)
Although the news is mostly positive, Ripple is recently sued by R3 so lets hope this turns out well and we get some good action from that.
xrpeur..snoozing and this is a surprise for a crypto firecrackerat the moment...
UCS Pring indicator Is in the positive territory
but the volume indicator Is below the critical volume threshold
therefore the volume is too low for an interesting movement
and ADX indicator is unconvincing
because the selling force (red line) is a bit above the purchasing force (green line)
so, sellers are stronger than buyers.
Verdict: wait for the right moment & that is not quite right now...
_______________
If the UCS Pring indicator drops below the neutral line, again in negative territory
AND the red line ADX goes up and the green line drops lower
we will then have a new bearish movement on xrp/eur.
F. Normandeau
Ripple USD 8h: New situation, but strong up still possible.Recently, ripple has moved to a decision point. there was an downward movement. 0.23 fibo was touched. Fibo 0.14 was already reached end of may. Next important fibo is 0.61. Therefore the situation has changed fundamentally. Here is my new chart. In the long run I see an up. Be patient with ripple. The time will come. ;-)
Let's see what happens. Happy trading. :-)
Ripple USD 8h: July forecast up to 1.618fibo/0.65 USD possible.I expect an end of the consolidation period in a couple of days.
I believe, this applies to all digital main cryptocurrencies.
Ripple is now at the price-fibo (0.5). I think we are at the bottom.
In expectation of the trend-reversal - imo - it will go strong up
(+168% in 24 days at time-fibo 4.618).
Let's see what happens. Happy trading. :-)
Ripple USD 4h: Positive short and long term view possible.Ripple is highly specialized. Not everyone is aware of this.The cryptocurrency/token is one of the fastest. It works behind the scene. Only banks and financial service providers are the target groups. I am neutral to all cryptocurrencies and a supporter of bitcoin and many altcoins. But I see here a clear positioning to Bitcoin and ETH and also advantages. Ripple can not be compared with Bitcoin or other Altcoins. If Ripple continues to gain acceptance in the banking market, the price increases. And. During each transaction, a ripple is burned. This reduces the number of Ripples. I think you should know that. This is the reason why I see a positive development.
Let's see what happens. Happy trading. :-)