XRPBTC trade ideas
XRP Advances to Historically Unsustainable LevelsThis is pretty much an automatic trade; old guard alts always pump suddenly but regress long-term vs BTC. It's like having contango in your favor (hello USO shorts).
The problem with shorting alts is the pumps can go on for some time and break you unless you're only shorting with a small % of your account and on low leverage (5x or less). The other problem is alts with defi capabilities such as BNB, Ethereum, Uniswap, and Polkadot have NOT shown long-term regression vs BTC and are thus NOT safe to short.
I prefer to short coins like EOS, Tron, and XRP that have had every opportunity to prove themselves over many years and have failed to do so; these are basically garbage. If you look objectively, banks don't want to deal with XRP; they'd much prefer a stablecoin. The other great thing is that stablecoins built on Tendermint (UST, BUSD) or another interoperability protocol, such as Polkadot, will potentially be able to swap directly with stablecoins created by banks in the future. Stablecoins and multi-asset chains like Polkadot - and wrapped BTC as a store of value - are the future of cryptocurrency and will do much better what XRP was meant to do IMO.
XRP, EOS, and TRON are the long term regression candidates that are safe to short if you have the liquidity to hold the short through volatility. When it comes to trash alts that have been bypassed by the defi surge, what goes up, must come down.
XRP does it againI wouldn't be surprise if XRP pull another quick one again within 3-4 weeks timeframe.
XRP/BTCHi dears, Hope you be all well and safe.
As you know the whole crypto market exploded in last three months and many coins recorded new ATH (All the time high price), But among all of them, XRP is still sleeping and playing in its floor (low) price. Maybe one main result was the SEC complaint against it.
My soul says that XRP is getting ready to awake from its long time sleeping and adjust herself for a big movement which we have never seen before. I am just waiting for my coins to catch the targets and then buy XRP a huge sum of my Portfolio. I hope it would not start the moving before I catch it. After that, just waiting and watching what would be happened and I would never sell below the entry price, even for years. Because Buffet says never Lose and never forgive this principle in your life.
Good Luck for all of you.
XRP BTC - 16000On the XRP / BTC chart, XRP needs to break the resistance at 2277 and close above the trendline resistance. Once it closes above the trendline resistance, if XRP can manage to claim 3729 sats, we this would catapult the XRP/BTC pair to a 16000 sats and will definitely help the USD pair.
XRP is about to go Parabolic from the Bitcoin Whales!!In 2017, after we have that bullish Stochastic RSI cross, we increased over 5900% - 2200% move in just a couple of months (with BTC Pairing)! I'm not a fan of XRP and its fundamentals, but the charts don't lie!!! We can see XRP have an explosive month. Expect to see huge spike in XRP this Month!
Bitcoin Whales (Bots) will be moving their bitcoin into XRP.
Altcoin season is here and in order to follow the trend, we must first follow Ethereum's move since it is the king of altcoins.
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, NU, LINK, and ALGO are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
XRP/BTC Ripple retesting the 200MA resistance lineSound like sustainable activitist, XRP might has solved the judiciary issue to determine XRP is a currency or a security.
1500 sat area of resistance to look forward the fate of XRP, an increase of 100% in 3 weeks. It ATH at 22968 sat in Y 2018 compared to now at only 1453 sat when this article is written.
Could it surpassed the resistance line and trend as much as 1500%?
XRPBTC longXRP has been waiting for the start so long, so I expect fast moving to the target. Stop loss behind the minimum of this year.
$XRP- XRP/BTC ANALYSIS *UPDATE* - BULLISH MONTH!Gann square, fibonnaci and inverse head and shoulders although the head and shoulders is not that elegant.
XRP Double Descending Wedge Within A Macro Descending WedgeBINANCE:XRPBTC
I've added text to explain various parts of the chart. If there's any questions feel free to add them in the comments.
Having a look at the more recent XRP chart pattern (2017 onwards) rather than from 2014, I've noticed that XRP/BTC is in a very large descending wedge ready for breakout!
^ Without logarithmic turned on
Within that macro descending wedge, there appears to be 2 major descending wedges.. The first wedge lead to a breakout of over 100% (to be halted by the macro wedge), And the 2nd wedge has just broken late March & primed to attempt a macro breakout!
