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Xrpusdforecast

Xrp further deflation over US dollar XRP/BTC further drop pointsHi guys. Welcome to XRP analysis update. If you liked an idea or if helped you save your money, please press like button. I will be brief, because there is not to much to add about it as everything happened as on analysis posted on October.5h. These are some interesting facts : * Marketcap of XRP during past week was worth 21.2 billion US dollars on October 5th when previous TA was posted. *At the time of posting, XRP price was 0.52 USD. *In the meantime, XRP already deflated more than 12% since (in 5 days period). *Current XRP marketcap is 18.5 billion US dollars (compared to previous 21,2) at the October 5.th gives nearly 3 billion nominal loss. *Current XRP price is 0.463$ with tendency going lower. IMPORTANT : XRP is generally bearish. Daily RSI indicates further downward momentum. Previous drop levels posted were (0.49 , 0.47. 0.44. 0.41 ...) 0.49$ and 0.47$ are passed (while we had rebound on both of them). 0.44$ remains unchanged as 0.41$ along with new lows. Most likely we will see further lows on XRP (as per chart decribed). Don't rush with rebuy (you saw your self, if your would have rebought 5 days ago on XRP, you would lose more than 10% in US dollars. Thanks for reading. Good luck
Short
by milanjelic
12
XRP: Another buy opportunity?Looking at the daily, XRP has created a descending triangle which is a continuation pattern of the correction that XRP is currently having. Taking a look at the Fibonacci from XRP's last big bull run to $0.78 the floor of the descending triangle has formed at the 0.62 support line. Assuming that the descending triangle follows a normal pattern, we will see XRP break down below its side-ward support and retest the 0.24 Fibonacci support line. In addition to this the RSI is teetering right in the middle at a value of 50 showing lack of direction. However when put together with the low volume in the market there is little evidence that XRP will be going toward the upside in the short term. Thanks for reading! If You like this TA please hit the LIKE button! Also, leave a comment with Your thoughts and feedback! *This information is not trading advice and is to be used for educational purposes only!
Short
by kryptokens
XRPUSD Multi Timeframe analysis holding support............If you missed the train of Ripple you can get it again but now it is on a strong support zone and preparing for an another small jump near the high of this recent rally if you didn't sell at the high you can get a second chance of selling at the near high of this recent rally. Then another dump will happen again and the price of ripple will fall to almost 0.3307$ and may even lower than that. Currently on the 4 Hour Chart Ripple stopped at EMA ribbon first, secondly 0.45410$ is the low of 2018 1st week of April working as support and 50 EMA is there. Now you can take short term trade decision by seeing the 1 Hour Chart. Main key level to watch - 0.455$ if break and close below it the we may not an another jump price will fall vertically. Resistance - 0.48$ If you are on any open position and trade your stop loss should be below the main support level 0.4510$ See the 1 Hour Chart Below.
BITFINEX:XRPUSD
by UnknownUnicorn3470358
3
Ripple (XRPUSD)'s descending trianglePrice action for Ripple (XRPUSD) is captured in this analysis from February 29, 2018 till date with a descending triangle. This chart pattern is bearish (sell), albeit not 100% of the time. Key price levels to take note of for Ripple (XRPUSD) are the following (approximated to 2 decimal places). - $0.77 - $0.46 and $0.35 - $0.60 The relative strength index (RSI) as shown here suggests that bearish momentum has run out. A less conservative entry into a long (buy) position involves buying as soon as Ripple (XRPUSD) closes above ~$0.60 in anticipation of a breakout above the sloping line of the descending triangle. $0.77 is used in this analysis to indicate a potential price level to initiate a long position should Ripple (XRPUSD) break outside of the chart pattern. The vertical red arrow indicates the width of the pattern which can be used to estimate the point to take profit if the risk/reward is satisfactory. On the other hand, $0.46 and $0.35 mark the major support level for Ripple (XRPUSD) and break below $0.35 could see the price of Ripple (XRPUSD) go down a lot further with $0 even been a possibility.
BITFINEX:XRPUSD
by Coin_Analyst
2
Kenji signals: sell XRPUSDToday, the indicator "Kenji" on the daily XRPUSD chart (Ripple) generated a sell signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of XRPUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values). Recall, work in a trend is one of the most comfortable and potentially successful trading options. For reference: The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness. The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat). It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.
BITFINEX:XRPUSDShort
by Trade24Fx
Kenji signals: sell XRPUSDToday, the indicator "Kenji" on the daily XRPUSD chart (Ripple) generated a sell signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of XRPUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values). Recall, work in a trend is one of the most comfortable and potentially successful trading options. For reference: The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness. The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat). It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.
BITFINEX:XRPUSDShort
by Trade24Fx