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Xrpusdbuy

Wave analysis of Ripple (XRPUSD): 4hr tf bullish biasXRPUSD is currently testing Support area 2 between ~ $0.65 and $0.62 after ripping through “support area” as mentioned in my previous post. Support area 2 does coincide with the 0.618% retracement of the uptrend from ~$0.47 to a price close of ~$0.87 on April 20, 2018. This increases the chance of Ripple (XRPUSD) holding support area 2. Price action from ~0.87 on April 20, 2018 till present is identified in this analysis as an expanded flat Elliott wave structure, which implies a corrective move back up or 5wave move upwards. Either scenario is bullish therefore a bullish bias is favored in this analysis for Ripple (XRPUSD). The 4hr tf RSI (relative strength index) as shown in this post indicates a positive rising slope for Ripple (XRPUSD) which also argues for a bullish scenario. Failure of price to hold support area 2 could see Ripple (XRPUSD) return to Support area 3 as given in this post, which is between ~ $0.46 and $0.51.
BITFINEX:XRPUSDLong
by Coin_Analyst
Ripple's Market Overview Hey. Enter long after the breakout or correctional fork, or on the breakdown of the trigger to long. I also want to tell you about my interesting indicator called as "trend Cloud". Here are the cloud features in more detail: Support/resistance breakout, to indicate trend strength of support and resistance(the wider the cloud, the stronger the trend), the slope of the trend. The equilibrium price of the trend(when the price goes away from the cloud it comes to test it in 80%, my signals on the cloud algorithms are also well sometimes practiced, the state of uncertainty flat (when the price in the cloud is trading). Confirmation of the correction / trend when the price is trading below or above the cloud, the entries in the position and much more shows this my wonderful indicator. The indicator took me enough time, and if you are willing to use it, it will cost you a small amount of $ 10 per month. Put likes and subscribe, so you will give me motivation and fight with my laziness. All the best
BITFINEX:XRPUSDLong
by Jordan_Mitchell
Ripple (XRPUSD) 4hr tf Elliott wave analysisRipple’s (XRPUSD) price swing from ~ $0.47 on April 6, 2018 to ~$0.92 on April 20, 2018 has been identified in this analysis as a 3 wave (A-B-C) that terminated a minor wave degree (Minor wave W). The implication of the above is that Ripple (XRPUSD) is currently in a Minor wave X (a correction). Completion of Minor wave X should be followed by Minor wave Y which should see the price of Ripple (XRPUSD) continue its bullish trend. Projection of the termination region of Wave Y can be carried once Wave X is complete.
BITFINEX:XRPUSD
by Coin_Analyst
2
Ripple forming another continuation wedge, but use caution!!Ripple is forming another continuation wedge like the one we saw last time. However, this one is trickier because the wedge is in this resistance zone and right below the $1 mark which is more psychological than anything. the last wedge we had a good 20 cent gap before we hit any type of resistance. If we put a buy stop above this wedge we only have a few cents before it hits that $1 mark. If you believe it's just going to blow through $1, then a buy stop just above is the right call. But this first resistance zone has really held up. I would want to see it crack a $1 before I trade a break. Your call how you play it. smash that like button if that helps. Happy Trading, -Sherem
BITSTAMP:XRPUSD
by Sherem
1