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.
Xrpusdforecast
XRPUSD (Ripple) 4hr tf analysis: Bullish biasPrice action from ~$0.47 on April 6, 2018 up to ~$0.69 on April 13, 2018 has been identified in this analysis as a Minute wave ((a)) position. A correction, i.e. Minute wave ((b)) is currently on after which Minute wave ((c)) should follow.
The implication of the above is that the price of XRPUSD (Ripple) should resume its bullish trend with prices moving higher. Further evidence of a bullish bias for XRPUSD is the termination of a minor wave degree (wave 5) and an intermediate wave degree i.e. wave (Y). Both of these suggest that prices should move higher and any reaction against the current uptrend should be crushed by XRPUSD bulls.
Support 1 (between $0.61 and $0.63) or Support 2 ($0.54 and $0.58) is expected to offer a floor for price action and then resumption of the current uptrend.
The first target area for XRPUSD after resumption of the uptrend is ~ between $1.08 and $1.23. A higher target region (not shown here) lies between ~$1.57 and $1.73
Point of invalidation of this analysis (POI)is price closing below ~$0.45
XRP/USD Forecast - 03/03/18 Dear Viewers,
Here is my Technical Analysis of the XRP Coin.
Let´s get into it straight away,
As you can see we had a Head & Shoulders pattern that started to shape it self mid January because of a bullish movement, which caused a bearish breakout once the neckline got crossed downwards.
Now that XRP got corrected (which is very healthy for the coin it self), we can start to see a start of a very big triangle pattern marked with yellow dots. Keep in mind that what happens inside this triangle, will have an impact on XRP´s future.
Option 1: XRP crosses the yellow dotted triangle upwards, we will know that a bullish mood has now taken over. This is my guess, why ? Because XRP has been coming up with great news and partnerships since 2 months, and had yet to release the most important news that WILL decide XPR´s future: A partnership with GooglePay . If this occurs, XRP will gain a huge amount of bullish momentum that I will be hard to stop it. I might create a new Head & Shoulders Pattern but where are not there yet.
Option 2: The rumors of XRP and GooglePay are fake, in that case we might see a drop back to the VISL (Very Important Support Level). Which has been doing a great job so far, but how long can that last. I think that if we get to hear that the rumors of XRP getting in partnership with GooglePay is fake,that that support level might not hold anymore. If that happens, XRP will free fall.
I do think the rumors are true, GooglePay needs a system like XRP in order to grow more, the low transaction fees, the easy and quick implementation are key, so in my opinion the news is true, and we will see a breakout upwards, the only question is, when.
This was my Technical Analysis for XRP,
Please feel free to leave a comment, to like and also to follow me and my work if you want to be up to date.
Raw_Blitz out.
THIS COULD BE YOUR SMARTEST BET ON CRYPTO CURRENCY $0.21 to $20How is this bet a SMART BET?
1:20 ( RISK REWARD) with high propability.
People have lost their brains in this mania, people bought bitcoin at $19,000 thinking it will give them great returns. That they will double/triple their money. What are the chances that bitcoin will go from let's say $20,000 to $ 40,000 and how long will it take? What are the chances of a cryptocurrency selling at $0.12 with a market cap of $97,829,899,439 will reach $ 2? Well anyone of you will a bit of common sense can see that the chances of going from $0.12 to $1 are more than a bubble who has already inflated up to $19,000. I have just 1 friend who also do trading ( speculating) and i told him not to buy bitcoin at $12,000 and instead take a bet on xrp, and he doesn't regret it now.
I decided to play with 2% of my money and have fun, just remember when you are buying a cryptocurrency you are just having fun and fun which can make you some money or you can end up giving money. Just like a casino, you bet, you win/lose, you had fun.
First of all, i am not a speculator, I don't follow the herd and don't get caught by crypto mania. I don't break my rules, and follow the advice of my mentors/books therefore only speculated with just 2% of my portfolio and so should you. (1-5%) the lesser the better. If you have your money in cryptocurrency and you are thinking you are an investor then my friend you are like a blind man walking in cold dark night without a stick. When bitcoin was at its peak many of my friends were speculating on bitcoin, I had my money in safe buckets INVESTED in bonds indexes, TIPS, Structured notes, indexes, commodities such as gold and silver etc giving pretty decent returns towards financial freedom. ( read my other idea, posted on reaching financial freedom, prepare for worst )
How do I see XRP and so should you?
It's a speculation, giving the fact that herd is going crazy for any coin in this market, I believe that xrp has the power to hit $20 a coin.
It has a huge market cap and cheaper to buy so many people will sell their expensive cryptocurrencies and they will buy xrp in hope for better returns. The whole crypto game is about SUPPLY AND DEMAND and I believe there is going to be a huge demand for xrp, it's has started to come in news, media getting attention, herd buying with all their savings, the more it will go up the more flies will attract towards sugar and you can take advantage of this.
Risk/ reward?
I bought xrp at 0.21, for this example sake if you bought xrp at $1, don't sell it until it reaches $20. Hold it, don't sell on the formation of any patterns and other indicators crap.
As soon as you double your investment, take out your real principal and put it back in your safety bucket and let the profit play the game. I already took my 2% out of this.
XRPUSD LONG to $2.00Not sure this is a huge channel or I stumbled onto something so perfect it just might work.
After drawing a fib expansion and the retracement. I noticed the ripple market is actually in a huge ABCD pattern and we just finished A & B if all plays well we should hit $2.00 before March 1st see a slight pull back then head the $3.70 zone. This is such a weird find. What do you guys think. I'm open to any ideas but it sets up the exact same. I was cloning lines from the historical data and this was the result.
Is this the end of XRPUSD? Well, let's seeHere is our forecasting report in video format on XRPUSD. Enjoy.
Good trading
NinjaSingapore
2 Feb 2018
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment.
Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
R-R-R-R-Ripple getting R-R-R-Rekt... Again! Taking a quick look at the XRPUSD market today
The Ripple market is looking weak, with the bulls also staying shy of the market, confirmed by the low trading volume.
We have 2 sell signals on the 1 hour chart and I would advise caution to most speculators that are long short term.
The first sell signal is the cross of the 20 MA and 50 MA, which is followed by the bullish trend breaking. (Trend line breaking)
The bearish action is confirmed for me by the Demand Index and other indicators.
I am short on the short term for ripple and sitting on the sidelines for the longer term.
I might consider going long and playing the bounce should prices dip below $1 again.
Feel free to discuss this trade idea with us .
Ripple facing tremendous bearish pressure!Ripple continues its drop and is seeing tremendous bearish pressure as it maintains its bearish channel formation. With continued bearish pressure, we see the first major level of resistance at 2.2225 (38.2% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance, channel resistance) and a further drop could occur below this level towards first intermediate support at 1.5960 (61.8% Fibonacci retracement, horizontal swing low support) before major support at 1.2434 (78.6% Fibonacci retracement, horizontal pullback support).
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
CRYPTO : XRPUSD RIPPLE LONG SETUPThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
Our Forecast of the Price Movement of XRPUSD We have been requested to provide a forecasting report on XRPUSD, a crypto-X which we are not familiar with. What we attempt to do is to provide our report using the same forecasting techniques on BTCUSD and ETHUSD and our point is that regardless of what instrument we trade, the same techniques can be applied across the board.
XRPUSD was merely 0.20 on 8 December 2017 and in 2 weeks, it had made an all-time high of 1.25. Since then, XRPUSD has been in red candles and retracing for a couple of days. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, we do see potentially a healthy retracement is emerging after its solid move to the upside in less than a month. A
Based on our forecast, we could see potentially the price will test at 0.85 as our first support level and if it cannot provide the necessary support, XRPUSD could potentially be retraced to 0.72. We will monitor the price of XRPUSD closely and see its reaction as these levels. On the other hand, if 0.85 level provides a strong support, we could see XRP potentially move to the upside with our first target back to the all-time high of 1.25 on 22 December 2017 followed by our second target of 1.50.
Good trading
NinjaSingapore
25 December 2017
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment.
Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
CRYPTO : XRPUSD Ripple Long Trade Setup This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.