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Xrpthestandard

XRP - Sideways Consolidation Followed By Decline Over Next Week After the price surge of over 100% within two days, i wonder where the price goes from here. Due to the fact that the price rose so fast in such the short timeframe, i dont believe that XRP price will continue to rise. I expect some sideways consolidation followed by a decline in price to a resistance level of approx 0.39EUR by next week. (I hope so anyway, I dont get paid till the end of next week and some low prices would be ideal lol) What do you guys think? #XRP #XRPTHESTANDARD #XRPTOTHEMOON #RIPPLENWO
Long
by StephenGuilfoyle
2
XRP The (Pump and Dump) Standard So I ,like a lot of other people, got excited with XRP leading the charge on what appears to be an altcoin awakening. Several coins had 20% price bumps and XRP led the charge with a bump closer to 50%. Today I am trying to look at this rationally and base it off what XRP has done in the past, "The Standard" if you will. I see two possibilities here, the first is that we are matching the false bottom brought about by Ripple (the company) tweeting out 3, 2, 1 over three consecutive days last summer. This pumped the price up and was their first announcement of "Swell" the XRP conference where bankers like Ben Bernanke spoke. Bill Clinton is on the roster this year. My guess is this huge spike is in anticipation of an announcement at Swell 2018, which either could happen or it will be a "buy the rumor sell the news" event. either way i am watching closely and if a bull flag gets painted, we might have a bottom (see the possibility 2 shape on the chart). I also would like to point out the volume similarities of the end of this falling wedge break out to the summer 2017 wedge (see circles). It aligns very well and though I want this to be an alt season as much as the next guy/girl... it doesnt seem like its time yet. The Stoch is starting to curl, and the RSI is a bit over bought. Also, take a look at XRPUSD and XRPUSD shorts, it appears not very many people are in the short position right now, another indicator that there is room to fall. Keep an eye on October 1st as the decision point. Last year Swell resulted in a sell off. Personally, I am sitting in USD, but XRP never ceases to amaze with the vertical price movements it has the ability to make on its standard pump and dump cycles. Not investment advice, just observations. Good luck trading.
Short
by Brodie_MT
4
$55 XRP by September of 2019 (VIDEO)Ok, so this post might seem ridiculous, but hear me out. We've seen this repeatable pattern of breaking resistance, extreme growth, and then a following consolidation and new resistance formed many times now, and it's conceivable that when we break resistance this time around, we'll see another period of extreme growth followed by consolidation and new resistance... etc. So how does this play out practically speaking, based on what we've already observed? This video is highly speculative, of course- but it's in fun, and the market is boring right now, so why not. I'll save this link and revisit it a year and a half from now from my villa in South of France since we're dreaming. I'll create an accompanying trade idea so we can all follow and laugh at me (or with joy if you hold XRP)
BITSTAMP:XRPUSDLong
by tradeformula
11
XRP final bottom i keep changing my mind due to mathmatical errors coming from my bullish bias. my final idea. heres my final and true prediction, oct 6, 7th, xrp will bottom out at 0.225usd giving the best deal you will ever get before the deals are gone' Both time and price square on the cardinal cross for the first time since the ath, and align with the conjunction of mars (red) and mercury(beige) and venus(green) and the sun(yellow). this is the "x" marks the spot. massive conjunction showing where the time and price square. after, mars will climb back up and and look for the price to follow it up past the .35usd resistance range, in dec.
BITSTAMP:XRPUSDLong
by barbarikerik
3
XRP Video UpdateAs expected, XRP is coming down in price and I believe will ultimately align with the long standing support established in 2017 leading up to the boom in December. We're aligning with that price on 8/4 provided we stick with the current bearish trend, which I believe is the perfect buy set up, and lowest low we'll ever see for XRP moving forward. Based on my expectations for the price of the upcoming boom, this means a 430/1 risk to reward ratio. Whew. Let me know what you think!
BITSTAMP:XRPUSDLong
by tradeformula
2
XRP / USDT - Long term analysis and projection.. to the Moon?!thought i'd look at the longer term overview and do some EW charting along with some rough projections to see where we are at on a MACRO level. I think that the $3.30 high was the 5th wave of a giant 1 wave, and we've now put in the 2 and have just started the 3rd with the recent rise to 96c being the 1 wave of the 3rd. All the fib levels are pin point and crazy accurate which is insane, so it was nice to see their relationships being so on point. Now as for the projections, there is no guarantee that we will have the same fib relationships of the waves as previously, which is why i included an alternate price point for the 3rd wave in yellow. Also the timing of these are in no way precise but this whole chart was more of a lets see where we could go from here and have some fun with it! the chart is in log scale - meaning the higher up the chart, the more the prices compress, this is why going up from 0.5c to 7c looks the same size as going from 2c to 43c... Im my honest opinion, Ripple and XRP are making HUGE leaps and bounds this year and Im sure this will continue next year as well. Hate it or love it, we're here to make money, and this right here shows amazing potential.
Long
by ilaxrp
5
XRP BULL and BEAR Battle-Zone! $XRPUSD 4 Hr Bitstamp Chart Look at the trend-lines, they tell the story here!!!! This is not a place to predict the future; this is a place to watch, see, analyze and be re-active in a pro-active manner. RSI and MACD Bullish Trend-line are still in-tact and so is the Price Trend-line so for now all things are in favor of the bulls... I think .713 - .74 area, which is in the Triangle area where the black trend-lines all intersect, is the battle-ground for price to show bulls are in charge or bears are ready for their meal. #timewilltell
BITSTAMP:XRPUSD
by musclecars22
XRP: Updated Elliott Wave Count (log)A slight change to my previous long term Elliott wave counts to incorporate the new price low today that invalidated the previous 1-2 option I was following. Turns out the correction from Jan ATH was a more complex one. The more complex, longer lasting correction also served to flattened out the trend channel so that the upper and lower are parallel on the log scale. As a result of these changes, and because of the depth of the retracement (over 80%), I have also relabelled the larger counts at the primary degree level (ie. the early Jan ATH was the end of Primary degree wave 1 instead of intermediate wave 3 within primary degree wave 1). The market always knows best... our job is to simply align our analysis with what it is telling us. The changes havent significantly altered the longer term view... that we are at the end or very near the end of a correction in a larger degree bull trend. The correction has retraced over 80%. Daily RSI hit an all time low today and has turned up. Daily MACD and STOCH indicators have crossovers. Reversal price bar in place today with significant volume and forms the second touch of the lower bar of a parallel trend channel. All the pieces are in place for a trend change... now we watch and see what the market provides to see if we are aligned or if the market needs another dip or two to complete the pattern. Note: Future price pattern is included to illustrate the direction and common elliott wave pattern.
BITSTAMP:XRPUSDLong
by protechtor
1
XRPUSD - still short biasedXRPUSD 4H Hey guys. As you can see, xrp is currently trading within a triangle. The max. upside would be point e. Even if this would mean that price would have to break the counter-trendline, I would not see this as a bullish confirmation, as long as we do not get to see an impulsive break & close above $0.98. The downside targets are marked on the chart, with the first one being $0.75 and the second one $0.65-0.62 area. After that, chances are high that we will see a bullish continuation but that has to be reevaluated once price has hit one of the two target zones. For more in-depth forecasts and educational content, join my free Telegram: t.me
BITFINEX:XRPUSDShort
by BudBronson
1
XRP: Elliott Wave Count (log)My roots in applying Elliott Wave as a tool to navigate markets goes back almost 15 years. Many people are confused by Elliott Wave, considered it useless, arbitrary, subjective, etc.. I have found it helpful to become an expert in Elliott rules and guidelines for one primary purpose... to aid in understanding points of major trend changes to manage risk. I use other tools to determine specific points of where and when to enter trades. One very important factor when applying Elliott waves. It is essential that counts are re-labeled as new evidence presents itself through price. This is especially true considering how new all crypto assets are. Stocks, currencies, bonds, etc. have been around for many decades and even centuries in some cases. Again, this is maddening to some less experienced in using the method, as well as less experienced TA's. Understand that it is how the method is designed and lean into it, or move on and don't pay any attention to Elliott wavers... they will just frustrate you... and frustrate the Elliott Waver as well. Waver's are not "Wrong" for relabelling. It is absolutely expected and essential. Here is my current Elliott count for the entire move up in XRPUSD since early 2017. A few notes: Since XRP has been around for awhile, there are price trends prior to 2017 (pre Bitstamp), but given the very low volume I am not including. They are likely a series of minute and subminute level 1's and 2's if I were to label them. There are more bullish counts to what I am showing. Much more bullish. I am not showing them because this count fits the best taking into consideration Elliott rules and guidelines GIVEN CURRENT PRICE INFORMATION . Wave 5 (5) : I am not intentionally not showing a target of where I think this wave will end, only that it will end and thus the ENTIRE FIRST WAVE AT THE PRIMARY DEGREE/LEVEL . Once it ends, a Primary Degree correction will take place. It expect it to be very substantial. I will use other tools (fib levels, etc.) to determine where this wave will likely end. Key to Elliott wave is drawing trend channels. A break of the key trend channel shown warns that an 5 wave impulse is done and that a 3 wave correction is due. The trend channels I am showing are key to the Elliott counts shown. We are nearing a point where a new interim low is not possible without breaking the lower trend channel. If a break happens, my count will change quickly as it means that the primary degree wave is already over (ie. my count is wrong), and we are in a primary degree wave down. Right now, I do not expect that this is the likely outcome, but since it is possible, I will look at the evidence in price as it comes. To learn more about the rules/guidelines of Elliott wave and how to apply them: stockcharts.com
BITSTAMP:XRPUSDLong
by protechtor
7
XRp is ready for next Bull Run Xrp is stable in last couple of weeks, Looking at the trading range and the volumes it is clear that XRP has already passed the consolidation phase, We can still see XRP to be stable for next 1 week at max. I can see an bull run till 3 dollars, in the mean while XRP will stay range bound between 0.98 $ to 1.2 $, once XRP break 1.3 $ levels it will face next resistance at 1.8 $ levels. For more details on alt coins join my channel on telegram : t.me For pumps join my channel in telegram : t.me For discussing any issues related to crypto directly contact me : t.me
NASDAQ:AAPLLong
by san_goku1988