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XRP / Euro

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XRPEUR trade ideas

XRP needs to break 1.2 EUR to see further upsideXRP has retested its 78% retracement today and bounced again. It is now in an uptrend going up to the downtrend from that major retracement. We want a break of that downtrend, around ~1.2 EUR to see further upside to 1.7 EUR. currently the "stop and reverse" (dots) shows stength, the MACD is showing uptrend and we are at the top of the boilinger band. Looking good, the next 4-8 hours will tell us way more. Note that a break of 1.2 and retest of 1.7 should move the MACD on the daily in a uptrend which would mean much more upside. The graph on the 4hour is even more interesting with MACD just about to cross and the middle of the boilinger band just around the downtrend. 1.2 will be an important test.
by sebfoobar
6
XRP retraced to 78% fibonacci level might bounce to 1.7in EUR: On january 9th the daily MACD lines crossed giving a strong sell signal. XRP proceeded to correct to the 78% fibonacci level, computed from the big pre-christmas advance that started the 0.2 to ~2.7 run. There is now a small bounce on the 78% fib level, it could go up to the middle of the boillinger band around 1.7 , but before that it needs to break the downtrend resistance. Watch for a break above 1.2 before going up to 1.7. PS: I played the dead cat bounce at 0.75 eur which was retested today.
by sebfoobar
2
Ripple Giant.The predecessor to the Ripple payment protocol, Ripplepay, was first developed in 2004 by Ryan Fugger,a web developer in Vancouver, British Columbia. The Ripple project is actually older than Bitcoin itself. Fugger conceived of idea the intent being to create a monetary system that was decentralized and could effectively empower individuals and communities to create their own money. All money in Ripple is explicitly represented as debt, with transactions simply consisting of balances being shifted on a series of imaginary credit lines from the payer to the receiver. Fugger's first iteration of this system, RipplePay.com debuted in 2005 as a financial service to provide secure payment options to members of an online community via a global network. This led to the conception of a new system by Jed McCaleb of eDonkey network, which was designed and built by Arthur Britto and David Schwartz. In May 2011, they began developing a digital currency system in which transactions were verified by consensus among members of the network, rather than by the mining process used by bitcoin, which relies on blockchain ledgers. This new version of the Ripple system was therefore designed to eliminate Bitcoin's reliance on centralized exchanges!!... Use less electricity than bitcoin, and perform transactions much more quickly than bitcoin. Chris Larsen, who had previously founded the lending services companies E-Loan and Prosper, joined the team in August 2012, and together McCaleb and Larsen approached Ryan Fugger with their digital currency idea. After discussions with long-standing members of the Ripple community. Up until now Bitcoin has been, by far the most powerful contender in the cryptocurrency market. So I explain the idea how they Create it this new CryptoCurrency now i would like to talk more about Market and how this thing work's and for all those new investor's and new guy's who are here investing and creating panic with thier Ridiculous Comment's. So Right now i will explain you in some steps how this work's. I Know a lot of them Think this coin only will stay 1-3$ Beacuase is ''Bank Coin''. We see a lot of Investor's who are afraid and they are afraid from one pullback and they sell all of them cuz they think the market will go only Uptrend. Biggest Mistake of all New Investors that they make, trust me the market will never go only Uptrend so it will has downtrend is the market thing that does. So People i just wanted to share my idea and experience i have in market. Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that from banks perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin," including price and security. XRP is the third largest coin by market capitalization.
Long
by Izimisinii
The Giant RippleThe predecessor to the Ripple payment protocol, Ripplepay, was first developed in 2004 by Ryan Fugger,a web developer in Vancouver, British Columbia. The Ripple project is actually older than Bitcoin itself. Fugger conceived of idea the intent being to create a monetary system that was decentralized and could effectively empower individuals and communities to create their own money. All money in Ripple is explicitly represented as debt, with transactions simply consisting of balances being shifted on a series of imaginary credit lines from the payer to the receiver. Fugger's first iteration of this system, RipplePay.com debuted in 2005 as a financial service to provide secure payment options to members of an online community via a global network. This led to the conception of a new system by Jed McCaleb of eDonkey network, which was designed and built by Arthur Britto and David Schwartz. In May 2011, they began developing a digital currency system in which transactions were verified by consensus among members of the network, rather than by the mining process used by bitcoin, which relies on blockchain ledgers. This new version of the Ripple system was therefore designed to eliminate Bitcoin's reliance on centralized exchanges!!... Use less electricity than bitcoin, and perform transactions much more quickly than bitcoin. Chris Larsen, who had previously founded the lending services companies E-Loan and Prosper, joined the team in August 2012, and together McCaleb and Larsen approached Ryan Fugger with their digital currency idea. After discussions with long-standing members of the Ripple community. Up until now Bitcoin has been, by far the most powerful contender in the cryptocurrency market. So I explain the idea how they Create it this new CryptoCurrency now i would like to talk more about Market and how this thing work's and for all those new investor's and new guy's who are here investing and creating panic with thier Ridiculous Comment's. So Right now i will explain you in some steps how this work's. I Know a lot of them Think this coin only will stay 1-3$ Beacuase is ''Bank Coin''. We see a lot of Investor's who are afraid and they are afraid from one pullback and they sell all of them cuz they think the market will go only Uptrend. Biggest Mistake of all New Investors that they make, trust me the market will never go only Uptrend so it will has downtrend is the market thing that does. So People i just wanted to share my idea and experience i have in market. Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that from banks perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin," including price and security. XRP is the third largest coin by market capitalization.
Long
by Izimisinii
XRP Price increase after good news + Koreans market recoveringHey ! This week, we may see another official XRP news, it could be the second partnerships, household names or Q4 2017 report. Also i suppose the FUD and fake news about Korean banning crypto starts to be forgotten and Koreans will be back in crypto, especially XRP which starts to have use case in Korea and Japan mainly. Also if you check on coinmarketcap : global crypto market cap at same period of time in 2017 has the same shape as 2018, and so the global market cap started to recover after 15th January 2017... No need to say that all this is speculation guys ! ! Happy Hodl and day trade, I wish you to earn as much as possible ! Cheers~ Driimo.
Long
by ElTrapo
Overbought, no supportXRP is going through a tough phase, as is the entire market. However there will be two possible outcomes: 1) XRP is regaining support and purchasing power will drive it to a positive outbreak (green meets red line) with a following upward swing 2) XRP is staying at current overbought status and will take a dive (orange meets red) The latter is currently much more likely due to the fact that the entire market is tanking and no groundbreaking news really facilitate the interest in XRP. If you have open positions now would be a good time to liquidate them and buy back at a later point.
by sumpunk