XRPEUR trade ideas
XrpEUR idea. (beginners take)Just an idea. Hopefully it is accurate. If I am doing something wrong feel free to leave some critiques. Thank you and good luck :)
Buy XRPThings will look slightly bullish once the Tenkan Sen crosses over the Kijun Sen (although this is still a weak signal because price is under the Kumo). Price needs to establish support firmly at €1 before strong action. Lots of good news the first 2 weeks of Feb (partnerships with XRP and big financial institutions) might help prop up the price.
If you make some money off this idea, please follow me and here's my tip jar:
XRP: rLHzPsX6oXkzU2qL12kHCH8G8cnZv1rBJh (destination tag - 1950298497)
Ripple ma nippleIt looks like XRP has bottomed and is now slowly moving upwards.
By projecting fibonacci extensions from the low to the high and back to the previous low we can determine possible resistance lines.
These resistance lines can be used for profit takin spots.
XRP Reverse Head & Shoulders ? #xrpthestandard #ripple #xrpAre we seeing a reverse Head & Shoulders pattern just like bitcoin did recently ? The good news about Western Union testing xRapid (XRP) makes me think so ! XRP above 1€ may comes before the end of the week !
Not an advice, just my opinion ! Stay safe guys ! :)
Buy: Ripple will go up, fast or slow, but up.So I watch the fibonaci retracement, which shows me levels.
2 options as far as I see it:
1) we go straight to the 1,10 € then further to 2 €
2) we go slowly from 1 to 1.50 €.
Anyway, Ripple is highly over sold and buy pressure and recent news should lead to a strong buy. If we get the volume into Ripple again, we are maybe hitting even 4 € in March-April.
If the volume lack cannot be overcome we probably need to wait until June to hit the 2-3 € marker.
Ripple - High Reward/RiskXRP looking to bottom out here and surge. Always have a exit strategy in mind when investing
XRP back in uptrendBefore christmas XRP went on a tear and then entered a big correction following the BTC drop, it corrected more than 78% of the "christmas" advance found support around 0.45 EUR and started bouncing slowly.
XRP has now clear the main downtrend going from ATH and is heading towards the middle of the BB at 0.85 eur, which would signal a short term run to 1.25 eur (top of the BB).
Of course it is still following BTC in this bounce.
The major signal that I am looking at is a cross of the daily MACD.
XRP May go BANANA starting mid February ! #xrpthestandard #xrpBecause US Gov. didn't spread FUD and is for innovations around cryptocurrency, thank you CFTC chairman !
Korea buying crypto again with premium prices.
Ripple stepping in China with huge partnerships LianLian : ripple.com
Success in arabic countries and Islamic Finance : www.livebitcoinnews.com
Trials with banks going well such as Woori Korean bank : www.theinvestor.co.kr
This is my opinion, not advice !
Happy trading guys !
Long XRPEURI have seen this from early January , so this is just a wrap up. the 4th AB=CD is forming with a target of 0,39. this area also forms a structure for support and resistance. A gartley is still in play, with a SL at 1.618 fib extension. I think that if these areas in not going to play well with a good solid volume, there is no much future in crypto (and ofcause there is)
Early forecasts:
XRP-EUR : bullish signsSo, I'm holding xrp. I say this with pain in my heart :D
Long story short (my gf is fetching me): bullish divergence showing in the RSI and MACD and DMI selling strength is dropping.
Right now xrp is in this cute little channel upwards seeking the top of the downward channel it is in. This channel has falling wedge attributes which usually means and upward move is ahead. And looking at the size of the wedge, it could be a strong move! It's too soon to tell yet; if needs to break the 71 cents first. If it passes that number, there is a whole list of resistance zones, but 1.30 should not be too unreasonable of a target to begin with (38.2% retrace of fall from peak). Or is that too optimistic? Perhaps settle for 85 cents first? Ah, it feels like only yesterday that XRP was worth 1.10... or 1.88 for that matter... or 2.40...
Ripple still bearishRipple is consolidating now, but the coin is still bearish as it is still moving in the channel (blue lines). Ripple can change the trend to bullish only if it brakes the channel at 0,68 Eur and at least 3 other indicators are possitive (RSI, MACD, MFI, Trend continuation factor,..). For the confirming the uptrend Ripple has to cross 200 MA at 0,74 Eur.
I think that ripple will not cross the channel as the indicators (RSI, MACD, MFI, Trend continuation factor, CCI) are not possitive enough for the trend change. The support at 0,45 Eur will be tested soon and if broken, we will move further to 0,35 Eur and finally to 0,22 Eur till 14 days.
As all altcoins copy the trend of Bitcoin, we have to carefully watch this coin...it will set the trend for the whole market.
If we take into account recent negative information for the crypto, the end of Bearish trend is unlikely.
The goal is to be calm and do not let the emotions influence own trading decisions based on previous analysis.
This is only my trading idea. It is not a trading advice...I am not a professional trading advisor.
The Last support area to The #Ripple #XPREUR or we gonna see 0,3we gonna visit the bottom again if the price fail to recover from this "LAST HOPE" area , The risk of long consolidation may be stay to the summer for recovering
lets Watch and learn more about the crypto behaviour at the bearish mood .
