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Xrptrading

This is TECHNICAL ANALYSIS!Hello investors! It’s been a while since my last XRP analysis, but in my defense the price did nothing since May 11, so I think we’re fine here. Now XRP did a very classic and powerful bullish sign, a big hammer just after it hit the red line at $ 0.17. This pattern must not be frustrated, because XRP may seek further supports, like one of the pink lines below. But if everything goes accordingly to the plans, we may see a retest of the 38.2% fib retracement, which is amazing. Let’s see more closely, at the hourly chart: This is interesting. This candle with this ridiculously long shadow is the result of a market with low volume, but the bull’s reaction is still impressive! Also, since you are still reading this, I bet you are finding this analysis somewhat interesting, otherwise you wouldn’t still be here, right? In this case, I invite you to follow me to keep in touch and remember to support this idea! Back to XRP, it bounced exactly at the red line, and this tells me that XRP obeys the technical analysis very well, even when it faces a stressful moment. Hopefully we will see another test of the “resistance zone” soon, if the bulls manage to keep the price up. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:XRPUSD
by Nathan_The_Finance_Hydra
Opportunity on the tail of a dragon.The bulls are reacting! After the mini crash the crypto market suffered recently, thanks to the expectations towards the BTC halving, and we see a lot of opportunities here. But first, if you are new here, I invite you to follow me to keep updated about our trades and analyses, I’m every day here, and you are welcome to join our community. The candles tell us a story. Like other cryptos, XRP is telling us that the bears aren’t so strong as they think. Take a closer look at the two last red candles, notice that they left some big shadows behind, and that’s a scar in bear’s face. The bears tried to push down the price, but they got defeated by the bulls and pushed back far from the red line (previous support). The most important challenge the bulls face right now is to close a candle above the blue line, because it’s the 38.2% fib retracement and they would cancel the bearish pivot (evidenced by the orange lines). Let’s see the hourly chart: The price is trading above the 21 ema, which is good, and it seems it will through the blue line, but we need to wait for some confirmation. Personally, I’ll be looking more at the daily chart than the hourly chart. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:XRPUSD
by Nathan_The_Finance_Hydra
I think there're BULLS here.Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:XRPUSD
by Nathan_The_Finance_Hydra
The bulls are bleeding - what's next?This time the bears get the upper hand. They managed to breakout the “triple support” zone, after a bullish engulf and they almost hit the red line, which is the strongest support in my view. But, as I said, despite the bullish sign I was not entirely convinced here. Check my previous XRP analysis for more details, link below. Also follow me to keep updated, I do daily analyses, and I’m always sharing about my trades with you. What was bugging me was in the hourly chart. Let’s look again: It never closed above that dark blue line, which I said in my previous analysis would be a more convincing trade, if the bulls manage to keep the price above that zone. Unlike what did happen in LTC, there was no bull trap here. Now we should be aware of a few things. First, would be phenomenal if we see a bull reaction here, could be a bullish pattern in the hourly chart, or a close above that light blue line in the daily chart. I think it’s unlikely to happen today, but let’s keep that in mind, because it can happen in the near future. Secondly, if the price loses the red line, I don’t know if any of these thin pink lines would do the job and support the price. The next important support will be the black line, and that’s the pessimistic scenario. The bulls need to react soon. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:XRPUSD
by Nathan_The_Finance_Hydra
XRP - Bulls on Parade?Ok, XRP is behaving properly, it did a bullish engulf above the “triple support” , which is amazing, and now everything is going according to the plans. That bullish engulf was triggered today, but to help with our decisions, I think it is important to keep the hourly chart in mind: Similarly to LTC, there’s a important price zone (in this case, the blue line) to be surpassed, and if the bulls manage to keep the price above this zone, we can start a long position with more conviction. Also, you could’ve bought half of your original position after the breakout of the bullish engulf in the daily chart and wait for a close above that blue line in the hourly chart to complete your position. Your call, we traders must do what makes us psychologically comfortable with the situation. Now, let’s look at the weekly chart: The bulls are strong here too, as they are keeping the price above the 21 ema and the fib retracement. If everything goes right we can see XRP at the 61.8% fib retracement in the future. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:XRPUSD
by Nathan_The_Finance_Hydra
XRP - About to PULL the TRIGGER.Ok, so the price found a support in the 21 ema and the purple trendline, which is great for the bulls, and now it seems it is doing a bullish engulf, like some other cryptos are doing. Let’s see if this pattern will be triggered tomorrow, if so, it’s a long, the target could be the pink trendline or the 61.8% fib retracement. Let’s look the hourly chart for more information: It would be very good if the price close above that blue line, but I don’t know if that’s going to happen. Now let’s see the weekly chart: It’s near the 21 ema, which could be a resistance too, but I find this volume increase very interesting. I wonder what caused that sudden raise. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:XRPUSD
by Nathan_The_Finance_Hydra
3
Ripple XRP/USD stopped at $0.28. Is bullrun over ?The short answer to that question is - well, it depends what happens from now and the next few days are very important. It is crucial to see how XRP reacts now when it is under pressure and if $0.26 - $0.28 zone will serve as a support. Last Thursday, February 6 the popular altcoin reached $0.282 after trading in the $0.267 - $0.287 range throughout most of the day. Then on Friday, it put an end to the green wave and made a correction to $0.278 after suffering rejection at $0.28. The weekend of February 8-9 started with a red session on Saturday, during which the XRP/USD pair made a step back to $0.276. Bears, though, were able to push the price down to $0.263 at some point during the day, which suggested buyers might be losing momentum. On Sunday, the XRP regained its position above $0.28 and closed at $0.282 with a 12.8 percent increase on a weekly basis. Trading volumes skyrocketed from $1.7 billion on Sunday, February 2 to $2.8 billion on Monday. This was followed by a drop to sub-$2 billion levels on Tuesday and again an increase, this time to $3.38 billion on Wednesday, February 5. The 24-hour volumes were hovering around $2.8 billion on Thursday and Friday and then dropped to $2.3 billion during the weekend.
BITSTAMP:XRPUSD
by FutureBlockchain
Ripple XRPUSD Looking for consolidation in the $0.25 -$0.26 areaOn Thursday, January 30, the popular altcoin formed another green candle and moved up to $0.243 pushing price 3.8 percent higher. The last day of the workweek once again proofed that neither bulls nor bears were strong enough to take over control of the situation. The coin fell down to $0.238 after trading as low as $0.233 during intraday. The XRP closed the month of January with an increase of 25 percent. The weekend of February 1-2 started positively as the “ripple” moved up to $0.24. On Sunday, February 2 it smashed through the $0.25 support line and peaked at $0.262, just to close the week at $0.251. XRP set a new year-to-date high - $0.261 $0.25 to serve as a support while the $0.25-0.26 will be important for the mid-term consolidation Trading volumes were stable around $2 billion for the whole week, then peaked to $2.8 billion on Sunday, February 03. For more details, check my previous ideas (I publish every two days) and subscribe, so you can follow my updates.
BITSTAMP:XRPUSDLong
by FutureBlockchain
Ripple XRP analysis 23.12.2019On Thursday, December 19, we could not see a continuation of the good performance by the XRP and the coin once again corrected its price, this time to $0.187. The last day of the workweek brought another positive session for buyers as neither they nor bears were able to establish a trend. The XRP/USD pair closed at $0.194, right in the middle of the $0.20 -$0.19 support zone. The weekend of December 21-22 started with a small correction to $0.192 on Saturday, which was followed by a winning session on Sunday. The XRP moved up to $0.197 and ended the week 8.7 percent lowered compared to the previous trading period. The XRP/USD pair initiated a reversal after touching $0.174. The "ripple" successfully returned to the $0.19-$0.20 support zone and will be looking to confirm the uptrend there. The next level will be $0.217-$0.218
BITSTAMP:XRPUSDLong
by FutureBlockchain
4
Ripple (XRP) continues to diveThe Ripple continued to slide and made another step-down, this time to $0.243 on Thursday, November 21. The Friday session was a little catastrophe for XRP as it followed the general crypto market trend and fell to $0.23. The 5.3 percent drop resulted in a third-consecutive red candle on the daily chart. The coin briefly touched $0.222 during intraday. The last time we visited that level was in September this year. The weekend of November 23-24 started with a small increase to $0.234. On Sunday, November 24, however, the “ripple” continued with its bad performance and fell down to $0.22. It closed the week 16.3 percent lower. Next level of support somewhere in the $0.20-$0.19 zone. Bulls will have to push price back up to at least $0.23 for a short-term recovery.
BITSTAMP:XRPUSD
by FutureBlockchain