Xrpusdbuy
XRP Buy Zone between 0,45 and 0,35 cents, Trendline from begin 0The price of XRP still seems to dip with Bitcoin as all altcoins do because its pegged as basecurrency.
Actually price should rise when Bitcoin drops technically.
So this must all be fundamental on the news.
Money runs out of all cryptocurrencies not just Bitcoin.
Now its a waiting game, to see where the Big Money will step in.
And how much they will torture the public before they do so.
I would say Trade and HODL is the best option.
Fakeout Shakeout below Yearly support Now Bull Run XRPThe shorts were washed out below trendline support
The long got in and are now running the show
If we get a higher high and higher low
We have ourselves a Buy oppertunity
Long XRP !
Targets up still into the 1.20 area or whatever price might run or shoot up to on the SBIVC release.
XRP/USD- Accumulation or Crashing Pattern?Hi Guys,
Thank you for tuning into my analysis.
BITFINEX:XRPUSD
As you can see on the larger time frame, BITFINEX:XRPUSD is mimicking the trend of BTC/USD. However, a more significant lower high and lower low can be spotted in BITFINEX:XRPUSD then in BTC.
The green box could signify an accumulation zone provided that BITFINEX:XRPUSD doesn't break down the $0.55 region. Notice that the $0.55 also constitute my 88% fib level. This shows that the $0.55 level is a significant strong support.
A false break down of the $0.55 could eventually occur but the bulls must manage to bring the price back to $0.55. Otherwise, $0.33 will be met.
I suggest downward cost averaging would be the best idea for this coin. Expect to hold until end of 2018.
Thanks.
CK
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.
Ripple's Market Overview
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