Xrppoloniex
XRP big rise is coming.Xrp shows a good respect to the trend line with an Engulfing pattern in weekly. So we can expect a rise in this coin.
we have some resistance in the way and we should check the reaction of price to these levels later.
In daily we can see price is reacting to 0.4664 but if daily candle close the way it is the downtrend will broken and it will be a confirmation for a long situation and it will attack 0.4664 again later.
Ripple's XRP - 94% profit potential Go Big or Go Home!!!This run doesn't look quite as strong as Dec/Jan, but there is good money to be made. XRP does typically wait until the last second to break out. You need to have patience to trade XRP. When it hits you need nerves of steel to hold it long enough. Then poof everyone sells. It brings down exchanges on the sheer volume of traffic. Given it's current progress in the descending triangle and poor markets typically Sunday/Monday morning, late Monday or Tuesday is my best estimate for break out. Catch it on the next dip, might be the last. It could take off early. If it dips after you buy that's okay. The main thing is get in before it launches.
Patience is key!!!
If you disagree or have some value you can add I'd appreciate a comment. This is just my opinion, don't consider it sound investment advice. It's just an idea... What we're doing here is placing educated bets and managing risk to increase our portfolios. Let's stack the deck in our favor as much as possible. It's a collaborative effort.
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!
Ripple(XRP) to $3.55BITSTAMP:XRPUSD With news of XRP being picked up by coinbase and the recent gains we might be able to break into a new structure higher. Key resistance to break higher will start at the .786 retracement of 1.21. If we can break that we will have to see where our first pullback is. Ultimately our long term forecast is $2.45, then $3.12, and shortly after $3.55. I have been trading ripple (XRP) since .15 when the market cap was under 1 Billion. Good Luck and trade safe.
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XRPUSD Trade OpportunityWe see a very popular bullish pennant.
Target is based on size relative to uptrend, which is generally synonymous to breakout.
We will wait for a breakout of pennant resistance to the upside and use that as bullish confirmation to enter trade as we do not mind missing 5-10% gain to lower risk greatly.
There has been news of Coinbase listing XRP, and seeing that this is the cheapest coin, most retail investors will be biased towards this and think it has the most room to grow, disregarding for a simple economical analysis showing the amount of coins in circulation.
We may hate banks, but not that dough though!Can you even remember Ripple after all this Bitcoin hype? Maybe if you made a bet on the Swell conference.
Which I confess that I did, but not a big one :) This time though, I am taking a bigger position.
Fundamental
With BTC finally stopping its insane growth, it's time to take positions in alts. Preferably earlier then today, but Ripple still has a very nice buy price.
The big banks are with Ripple, there is no doubt about that! Out of the 100 biggest banks in the world, 11 is customers of Ripple already.
In fact, over 80 banks is connected with Ripple. That number is impressing, right? Well, it grows very rapidly and at one point Ripple could blow up real big. Not a pump big, REAL big. Way over my target, but thats in the future.
I could elaborate more on what makes Ripple a really good bet. However, thats something every investor should go read into themselves. This is the latest article from Ripple, a good read.
More information can be found on ripple.com .
I'm not saying to go all inn on Ripple, thats something you shouldnt do with anything. However I believe Ripple at this price is a nice bet!
Technical
This chart is against Bitcoin, because I believe that taking a bet on Ripple against BTC is better than against Dollar right now.
BTC is going down after a real nice bullrun and it will take time before Bitcoin is ready to move a significant amount upwards.
If you need more TA I would suggest drawing on the dollar chart, as I believe that is a better indicator on Ripple.
My target may change in the future depending on what happens with Bitcoin, but for now a 16k SAT target seems aight :)
Buy: 3100 SAT
Target: 16000 SAT
Support: 2500 SAT, and stops right below that.
XRP update 2the rising wedge appears to have been broken to the downside. interestingly we see a last ditch bullish attempt which stopped after hitting the underside of the wedge, support became resistance. this could have also been a single large player fooling some bulls into buying into his shorts. this latest quick rise on btc, possibly breaking out of its pennant (more time to confirm) has sparked fear through the alt longs and greed in the alt shorts. even if btc is not truly breakout out yet, we got a good look at the current market sentiment, and the downward trend seems likely to continue. this could be currently showing in a small hidden bearish divergence in ripple's last attempt at a move up.