XRPXBT
Ripple (XRP) Showing bearish signals on the 30 minute chartHistogram showing bearish signals together with the macd crossing the signal line. RSI tried to break to the upper side but bounced off the 50 multiple times showing not enough strength. Short term the 8, 13, 21 are all below the ma 55 showing a downtrend at the moment. This makes me conclude that XRP is currently bearish.
XRPXBTBitMEX XRPBTC (Long) 240m 60m
Entry: 0.00009879 Sats
TP: 0.00010716 Sats, Trigger Price: 0.00010525 Sats
Stop Loss and Liquidation Price: 0.0009475 Sats
Actual Position Size: 1% Risk on Capital/ (B.P-SL) for Long and 1% Risk on Capital/ (SL-BP) for Shorts
Leverage Position Size: (1%*Total Capital)*Leverage = Stop Loss (Adjust your leverage equals to your SL)
Profit and Loss %: 8.44% and 4.11%
R/R: 2:05
XRP/XBT Ripple Bollinger Band Squeeze - Major Breakout comingThe Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. Once the squeeze play is on, a subsequent band break signals the start of a new move. A new advance starts with a squeeze and subsequent break above the upper band. A new decline starts with a squeeze and subsequent break below the lower band.
Rumors: Ripple will be added to Coinbase soon.
Watching closely and waiting for the volume to come back and determine the new trend.
Ripple(XRP) to $3.55BITSTAMP:XRPUSD With news of XRP being picked up by coinbase and the recent gains we might be able to break into a new structure higher. Key resistance to break higher will start at the .786 retracement of 1.21. If we can break that we will have to see where our first pullback is. Ultimately our long term forecast is $2.45, then $3.12, and shortly after $3.55. I have been trading ripple (XRP) since .15 when the market cap was under 1 Billion. Good Luck and trade safe.
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XRPUSD Trade OpportunityWe see a very popular bullish pennant.
Target is based on size relative to uptrend, which is generally synonymous to breakout.
We will wait for a breakout of pennant resistance to the upside and use that as bullish confirmation to enter trade as we do not mind missing 5-10% gain to lower risk greatly.
There has been news of Coinbase listing XRP, and seeing that this is the cheapest coin, most retail investors will be biased towards this and think it has the most room to grow, disregarding for a simple economical analysis showing the amount of coins in circulation.
Ripple (XRP) - Above The Stomach Bullish Scalp -Analysis & Educ.This is a simple XRPUSD & XRPBTC scalp based on the "above the stomach" two-candlestick pattern visible on the 4-hour time-frame...
Above The Stomach:
# of periods (candles) = 2
price trend (going into the pattern) = downward
first candle = black
second candle = white candle opening and closing at or above the midpoint of the prior black candle's body
Theoretical performance: Bullish reversal
Tested performance: Bullish reversal 66% of the time
Frequency rank: 32
Overall performance rank: 31
Best percentage meeting price target: 61% (bull market, up breakout)
Best average move in 10 days: -4.86% (bear market, down breakout)
Best 10-day performance rank: 33 (bear market, down breakout)
All ranks are out of 103 candlestick patterns with the top performer ranking 1. "Best" means the highest rated of the four combinations of bull/bear market, up/down breakouts.
Other Confirmations based this chart & indicators:
KnowSureThing - (RoC Based) showing potential for a double cross (That is both a cross of the signal and zero lines)
-The zero-line cross is extra significant as it is the second cross (locally)... as in price has recently cross the zero-line only to fall back below, ready for a second cross..
Net Volume is positive = more buying than selling (a weak bullish confirmation)
Price Target:
Use the blue colored dash trend-lines to approximate your target
XRPBTC Big Wave Coming!My applause to every Ripple investor who has endured the recent Wave 2 correction. We are now in position for what looks like a Wave 3 impulse which will set a new all time high for Ripple. Many traders would claim that they earn more by day-trading other currencies. I told them this, "Sure, you can choose to lose sleep doing that and risk losing 90% of your investment in the next few years (unless you are a pro). Or you can invest in Ripple, go on with your normal daily life, spend time with your family and come back a few years later to find yourself richer in health and wealth. The choice is yours!"
XRPXBT - Kraken - Trend Reversal, or More Death?Hi, XRP has been in a downtrend for some time now, but also in some kind of descending wedge. I had originally designated the red outline/green box as a possible reversal zone. It has once again bounced from the 0.786 Fib Retracement level and it got close to an old trend support line (pointed green line), and now it's headed towards the downtrend resistance line. This could be the breakout in the making.
The other possibility is that it's making another descending triangle, bringing another breakdown to the next support level (green box):
Meanwhile, it has been scalper's paradise. I missed the entry at support, so now I'll wait for it's reaction at the trend resistance line. If I have the time, I will publish another chart for scalping once it approaches or something happens at that resistance line. Can't short XRP in Kraken, so I will only publish "Long" trades.