Get started

Xrpusdbuy

XRPBTC Gann boxXRP has formed some nice patterns within the Gann box, clear decay in price along the inner Arc (highlighted in orange) Will we see a moonshot though? Maybe. Currently price is in a falling wedge (hard to spot but its there). 1st target is the inner Arc highlighted in green, second target is the Fibonacci spiral that aligns with an upper arc within the box. Here is some of my other work with XRP Why it is time to add XRP. And some wedges that have formed on the USD pair, both bullish.
Long
by Bixley
Is Crypto getting ready to replace money?Could the Coroner virus be the start of this change? Already most shops are no longer accepting cash because it could pass germs from 1 person to another, Could this be the excuse governments have been waiting for to get rid of cash? What are your thoughts? We can see that price is currently in key area with it touching our trend line for the 3rd time and also using an old support/resistance level as support so we are LONG on this trade and expecting bulls to come in and push price higher. If you need any help trading or have any questions then just send me a message.
BITSTAMP:XRPUSDLong
by gjfx
3
XRPUSD potential longs if we can hold and then break 0.18000XRPUSD is currently on very interesting level. Yesterday's dump dragged XRP towards 0.16700-600 levels, which is previous resistance and now support of big consolidation box. This level also holding supportive trendline, which is also very important. If it breaks these levels down below, longs are invalid and i will not be looking for long opportunities anymore. If we can hold and i see some kind of Accumulation, i could long right here around 0.17. More longs i will be adding if we break+retest 0.18, which is very important zone/level for further moves. Psychological level + previous daily/weekly low. if we break it, XRP is gonna lead towards 0.22500 and maybe even more. Good luck with trading guys. if you like this, dont forget to hit a like button, Thank you and dont forget to trade with proper Risk and Money management
BITFINEX:XRPUSDLong
by ForexThief
4
XRP USD Ripple - Get Ready For The Big Pump Hi friends I looked at the big timeframe forming a huge downward pennant. After which a really big movement can occur. In order not to miss it, Buying off in parts 0.201 (25%) 0.185 (35%) 0.16 (40%) Stop loss 0.112 Goals per order (10-15-20-25-30%) 0.3 0.45 0.6 0.7 0.85 Risk reward 1: 8 The deal is long-term but the profit is very steep This is just my opinion, and is not a call to action) Looks good? Leave a like, share and leave a comment. Thanks for visiting.
BITSTAMP:XRPUSDLong
by PavelBodo
8
Double Bottom Provides XRP Long ScalpIn the 4-hour chart we can see a that a double bottom has been formed (inside a support area visible in higher time-frames). There are three reasons that I think the entire breakout of this double bottom will play out. The pattern is combined with bullish divergence in the RSI. The RSI has broken out from an ascending triangle The price has broken out from a short-term descending resistance line So, the first target would be at the high between the two bottoms ($0.245) while the second one at the previous breakdown level ($0.27).
BITSTAMP:XRPUSD
by BitcoinMaximus1
XRPUSDT - natives will wait for their !!! 🚀Good day to all crypto fans! On the XPRUSDT chart, the reversal figure “Inverted Head and Shoulders” is clearly visible. The price pushed off the local trend line. There is a rebound along with the entire cryptocurrency market. Whether growth will start immediately or if the price is stuck in this price range for a while depends on how the price of BTC behaves. Since there are several options for moving the BTC price, and which one will turn out to be correct, time will tell. The strong level on XRPUSDT is 0.3, breaking through which we fly up. The first sales area is indicated on the chart. Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave, without like, and if you liked my analytics sign up, and you definitely will not miss anything! Disclaimer: I do not give entry and exit points. I share with you my opinion and ideas, which may differ from yours.
by CryptoYanina
XRPUSD formed bullish BAT | Upto 40% bullish moveHi friends hope you are well, here I have found another profit potential trading idea for you and this time Ripple (XRP) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s examine how perfect this pattern is: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $0.24244 to $0.22915 Sell between: $0.27394 to $0.32180 Stop Loss: The potential reversal zone area which is up to $0.22915 can be used as stop loss in case of complete candle stick closes below this level.
BITFINEX:XRPUSDLong
by moon333
Revers head and shoulders?If this bullish pattern completed as expected we should see a large more on the upside for XRP. Combined with the incoming "golden cross" it seems that a reversal of the trend may just be around the corner. Personally, I am still very bullish on XRP and I have been buying steadily each month for the last 10 months. The key levels that will need to be broken on the upside are $0.35 and $0.50. Once both these levels will be breached we should see further moves and gains toards the $0.70 - $0.80 area. For the macro trend I am considering the last two years to be a huge consolidation and accumulation period which eventually will make the next more up more powerful. The fundamentls for this project are more and more solid with great news being reported constantly.
POLONIEX:XRPUSDLong
by cbistriceanu
XRPUSDT - continuation of the uptrend!!!🤑🤞Good afternoon! The correction phase of altcoins is nearing completion. And XRP is no exception! The graph shows the XRP price movement plan at the end of the correction phase. In general, we stock up on patience and look forward to growth. We will do our time! The only thing that can completely change the upcoming movement is the fall of BTC below 8900-8800. Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave, without like, and if you liked my analytics sign up, and you definitely will not miss anything! And if you want to learn to understand the market, make money without nerves, write me a PM!
by CryptoYanina
2
ridethepig | XRP Market Commentary 2020.02.21It is well known that the latest retrace was able to conduct a violent sweep in both directions which makes this middlegame area very credible. It is going to act as a strong floor in the later stages of the cycle (outside of the discussions for today). One of the main highlights is coming from BTC which has had the ability to gather first plenty of speed in the early stages and momentum to tackle the break. The case is no less imaginative for XRP here: The great mobility of the king, carrying the crypto board is constituting as one of the most important factors in this middlegame. The specifics on XRP are becoming less and less relevant in relation to price (scarily as is usually the case with exuberance). So it must be developed (Visa integration can do the heavy lifting !!!!) as we approach nearer the battlefield. Good luck all those loaded in the crypto markets, a very happy @ridethepig here with a huge grin on my face for the weekend. Thanks for keeping the support coming with likes, comments and etc!
BITFINEX:XRPUSDLong
by ridethepig
1
$XRP / RIPPLE - Wyckoff Method - Buy the DIP!What is the Wyckoff Method? The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff Method was originally focused on stocks, it is now applied to all sorts of financial markets. A lot of Wyckoff’s work was inspired by the trading methods of other successful traders (especially Jesse L. Livermore). Today, Wyckoff is held in the same high regard as other key figures, such as Charles H. Dow, and Ralph N. Elliott. Wyckoff did extensive research, which led to the creation of several theories and trading techniques. This article gives an overview of his work. The discussion includes: Three fundamental laws; The Composite Man concept; A methodology for analyzing charts (Wyckoff’s Schematics); A five-step approach to the market. Wyckoff also developed specific Buying and Selling Tests, as well as a unique charting method based on Point and Figure (P&F) charts. While the tests help traders spot better entries, the P&F method is used to define trading targets. However, this article won’t dive into these two topics. The three laws of Wyckoff The Law of Supply and Demand The first law states that prices rise when demand is greater than supply, and drop when the opposite is true. This is one of the most basic principles of financial markets and is certainly not exclusive to Wyckoff’s work. We may represent the first law with three simple equations: Demand > Supply = Price rises Demand < Supply = Price drops Demand = Supply = No significant price change (low volatility) In other words, the first Wyckoff law suggests that an excess of demand over supply causes prices to go up because there are more people buying than selling. But, in a situation where there is more selling than buying, the supply exceeds demand, causing the price to drop. Many investors who follow the Wyckoff Method compare price action and volume bars as a way to better visualize the relation between supply and demand. This often provides insights into the next market movements. The Law of Cause and Effect The second law states that the differences between supply and demand are not random. Instead, they come after periods of preparation, as a result of specific events. In Wyckoff's terms, a period of accumulation (cause) eventually leads to an uptrend (effect). In contrast, a period of distribution (cause) eventually results in a downtrend (effect). Wyckoff applied a unique charting technique to estimate the potential effects of a cause. In other terms, he created methods of defining trading targets based on the periods of accumulation and distribution. This allowed him to estimate the probable extension of a market trend after breaking out of a consolidation zone or trading range (TR). The Law of Effort vs. Result The third Wyckoff law states that the changes in an asset’s price are a result of an effort, which is represented by the trading volume. If the price action is in harmony with the volume, there is a good chance the trend will continue. But, if the volume and price diverge significantly, the market trend is likely to stop or change direction. For instance, imagine that the Bitcoin market starts to consolidate with a very high volume after a long bearish trend. The high volume indicates a big effort, but the sideways movement (low volatility) suggests a small result. So, there is a lot of Bitcoins changing hands, but no more significant price drops. Such a situation could indicate that the downtrend may be over, and a reversal is near. The Composite Man Wyckoff created the idea of the Composite Man (or Composite Operator) as an imaginary identity of the market. He proposed that investors and traders should study the stock market as if a single entity was controlling it. This would make it easier for them to go along the market trends. In essence, the Composite Man represents the biggest players (market makers), such as wealthy individuals and institutional investors. It always acts in his own best interest to ensure he can buy low and sell high. The Composite Man’s behavior is the opposite of the majority of retail investors, which Wyckoff often observed losing money. But according to Wyckoff, the Composite Man uses a somewhat predictable strategy, from which investors can learn from. Let’s use the Composite Man concept to illustrate a simplified market cycle. Such a cycle consists of four main phases: accumulation, uptrend, distribution, and downtrend. Accumulation The Composite Man accumulates assets before most investors. This phase is usually marked by a sideways movement. The accumulation is done gradually to avoid the price from changing significantly. Uptrend When the Composite Man is holding enough shares, and the selling force is depleted, he starts pushing the market up. Naturally, the emerging trend attracts more investors, causing demand to increase. Notably, there may be multiple phases of accumulation during an uptrend. We may call them re-accumulation phases, where the bigger trend stops and consolidates for a while, before continuing its upward movement. As the market moves up, other investors are encouraged to buy. Eventually, even the general public become excited enough to get involved. At this point, demand is excessively higher than supply. Distribution Next, the Composite Man starts distributing his holdings. He sells his profitable positions to those entering the market at a late stage. Typically, the distribution phase is marked by a sideways movement that absorbs demand until it gets exhausted. Downtrend Soon after the distribution phase, the market starts reverting to the downside. In other words, after the Composite Man is done selling a good amount of his shares, he starts pushing the market down. Eventually, the supply becomes much greater than demand, and the downtrend is established. Similar to the uptrend, the downtrend may also have re-distribution phases. These are basically short-term consolidation between big price drops. They may also include Dead Cat Bounces or the so-called bull traps, where some buyers get trapped, hoping for a trend reversal that doesn’t happen. When the bearish trend is finally over, a new accumulation phase begins. Wyckoff’s Schematics The Accumulation and Distribution Schematics are likely the most popular part of Wyckoff’s work - at least within the cryptocurrency community. These models break down the Accumulation and Distribution phases into smaller sections. The sections are divided into five Phases (A to E), along with multiple Wyckoff Events, which are briefly described below. Accumulation Schematic Wyckoff method accumulation schematic Phase A The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move. The Selling Climax (SC) is formed by an intense selling activity as investors capitulate. This is often a point of high volatility, where panic selling creates big candlesticks and wicks. The strong drop quickly reverts into a bounce or Automatic Rally (AR), as the excessive supply is absorbed by the buyers. In general, the trading range (TR) of an Accumulation Schematic is defined by the space between the SC low and the AR high. As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. At this point, the trading volume and market volatility tend to be lower. While the ST often forms a higher low in relation to the SC, that may not always be the case. Phase B Based on Wyckoff’s Law of Cause and Effect, Phase B may be seen as the Cause that leads to an Effect. Essentially, Phase B is the consolidation stage, in which the Composite Man accumulates the highest number of assets. During this stage, the market tends to test both resistance and support levels of the trading range. There may be numerous Secondary Tests (ST) during Phase B. In some cases, they may produce higher highs (bull traps) and lower lows (bear traps) in relation to the SC and AR of the Phase A. Phase C A typical Accumulation Phase C contains what is called a Spring. It often acts as the last bear trap before the market starts making higher lows. During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., the ones that were to sell already did. The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings. In some cases, however, the support levels manage to hold, and the Spring simply does not occur. In other words, there may be Accumulation Schematics that present all other elements but not the Spring. Still, the overall scheme continues to be valid. Phase D The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E). Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports. Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E. Phase E The Phase E is the last stage of an Accumulation Schematic. It is marked by an evident breakout of the trading range, caused by increased market demand. This is when the trading range is effectively broken, and the uptrend starts. Distribution Schematic In essence, the Distribution Schematics works in the opposite way of the Accumulation, but with slightly different terminology. Wyckoff method distribution schematic Phase A The first phase occurs when an established uptrend starts to slow down due to decreasing demand. The Preliminary Supply (PSY) suggests that the selling force is showing up, although still not strong enough to stop the upward movement. The Buying Climax (BC) is then formed by an intense buying activity. This is usually caused by inexperienced traders that buy out of emotions. Next, the strong move up causes an Automatic Reaction (AR), as the excessive demand is absorbed by the market makers. In other words, the Composite Man starts distributing his holdings to the late buyers. The Secondary Test (ST) occurs when the market revisits the BC region, often forming a lower high. Phase B The Phase B of a Distribution acts as the consolidation zone (Cause) that precedes a downtrend (Effect). During this phase, the Composite Man gradually sells his assets, absorbing and weakening market demand. Usually, the upper and lower bands of the trading range are tested multiple times, which may include short-term bear and bull traps. Sometimes, the market will move above the resistance level created by the BC, resulting in an ST that can also be called an Upthrust (UT). Phase C In some cases, the market will present one last bull trap after the consolidation period. It’s called UTAD or Upthrust After Distribution. It is, basically, the opposite of an Accumulation Spring. Phase D The Phase D of a Distribution is pretty much a mirror image of the Accumulation one. It usually has a Last Point of Supply (LPSY) in the middle of the range, creating a lower high. From this point, new LPSYs are created - either around or below the support zone. An evident Sign of Weakness (SOW) appears when the market breaks below the support lines. Phase E The last stage of a Distribution marks the beginning of a downtrend, with an evident break below the trading range, caused by a strong dominance of supply over demand. Does the Wyckoff Method work? Naturally, the market doesn’t always follow these models accurately. In practice, the Accumulation and Distribution Schematics can occur in varying ways. For example, some situations may have a Phase B lasting much longer than expected. Or else, the Spring and UTAD Tests may be totally absent. Still, Wyckoff’s work offers a wide range of reliable techniques, which are based on his many theories and principles. His work is certainly valuable to thousands of investors, traders, and analysts worldwide. For instance, the Accumulation and Distribution schematics may come handy when trying to understand the common cycles of financial markets. Wyckoff’s five-step approach Wyckoff also developed a five-step approach to the market, which was based on his many principles and techniques. In short, this approach may be seen as a way to put his teaching into practice. Step 1 : Determine the trend. What is the current trend and where it is likely to go? How is the relation between supply and demand? Step 2 : Determine the asset’s strength. How strong is the asset in relation to the market? Are they moving in a similar or opposite fashion? Step 3 : Look for assets with sufficient Cause. Are there enough reasons to enter a position? Is the Cause strong enough that makes the potential rewards (Effect) worth the risks? Step 4 : Determine how likely is the move. Is the asset ready to move? What is its position within the bigger trend? What do the price and volume suggest? This step often involves the use of Wyckoff’s Buying and Selling Tests. Step 5 : Time your entry. The last step is all about timing. It usually involves analyzing a stock in comparison to the general market. For example, a trader can compare the price action of a stock in relation to the S&P 500 index. Depending on their position within their individual Wyckoff Schematic, such an analysis may provide insights into the next movements of the asset. Eventually, this facilitates the establishment of a good entry. Notably, this method works better with assets that move together with the general market or index. In cryptocurrency markets, though, this correlation isn’t always present. Closing thoughts It’s been almost a century since its creation, but the Wyckoff Method is still in widespread use today. It is certainly much more than a TA indicator, as it encompasses many principles, theories, and trading techniques. In essence, the Wyckoff Method allows investors to make more logical decisions rather than acting out of emotions. The extensive work of Wyckoff provides traders and investors a series of tools for reducing risks and increasing their chances of success. Still, there is no foolproof technique when it comes to investing. One should always be wary of the risks, especially within the highly-volatile cryptocurrency markets. Article Source > The Wyckoff Method Explained
BITTREX:XRPUSDLong
by ferGOD
4
ridethepig | XRP -25% Correction In Play!XRP buyers... Creatures of habit, that love warmth of familiarity. By keeping the smell of the past alive they commit to more exposure only to later have the rug pulled again. This does not change the state of play for BTC, those following the long term diagram in BTC have started to reach the first profit taking area and with that XRP like a farmer who has lost his piglet, looks particularly vulnerable with shorts looking attractive here. Well done those who have been riding the pig so far in XRP; it is a very good gage for the collateral although I have full disclose that not a dime was made on this leg: You notice how we entered into buyers jurisdictions and smart money saw the investment, any sellers did well to liquidate there: Buyers have made the tempo move and successfully developed the trend. But, unfortunately from time to time, other dubious tactics are tried: the retrace in order to take profit and shake out late retail buyers, and keep on doing so until the day arrives when you have to play the same sizes on both sides...not a move for newcomers, we have to hold the highs as reference as mere stop gaps will not help. We'll update the chart as things go along. GL As usual thanks for keeping the support coming with likes, comments, charts and etc!
COINBASE:XRPUSDShort
by ridethepig
4
ridethepig | XRP Market Commentary 2020.02.13A timely update to the daily chart with risk entering back into the picture it is a healthy profit taking leg in play for buyers. Those who have been loading at the lows can finally begin to cover and open up some sell-side opportunities. Expecting a day of consolidation and then some more cooling off from the impressive rally. The squeeze is still very clear and I think it makes sense at these levels to outguess profit taking from the buy side. I don't think this is anything other than a mini bounce. Early selling from the usual suspects on the London open but since once again the algo machine buying 0.30 seems to be buying in huge amounts. Will watch closely, the intention is to continue trading the leg higher with a modest short-term short. As usual thanks for keeping the likes and comments rolling!
BITFINEX:XRPUSDShort
by ridethepig
6