Long XRP This is poised to go up in a medium/long time range. We will probably see another bunce from the top of the Triangle before a final burst to new highs. But this is a definitive gainer with huge potential.
This TA is based on both symmetrical Triangle pattern and Gann Square Analys.
Good luck to all traders out there! I appreciate Feedback and comments!
XRPEUR trade ideas
If XRP breaks Base, Buy opportunity
As we know, XRP is used a lot by banks to exchange money, so they want their exchange money to be as steady as possible.
Usually XRP is maintained at 0.2€
So there are a lot of opportunities of buy&Sell with this asset.
When XRP= 0.18 (LONG) buy and sell around 0.20
When XRP= 0.25 (Short) Sell and buy around 0.20
Xrp 0.25€ Early 2018As you can see, the gann fan was touched previously -> there was a significant price drop. Now the situation looks a bit different because the gann fan was touched again but there is a strong support line from the trend line, so i dont expect a huge drop. From there on, i expect a price move to the 0.25$
Xrp TrendI think xrp is following this pattern. It broke resistance, but to go higher it has to break next level of resistance. If it fails and breaks down from the trend it will go lower. I am new to trading, so dont take this as advice. I published this only so i can follow the chart in the coming days.
XRP (Ripple) - Money maker in November (Expand to Japan) ?!I know a lot of people hate XRP, but I love it. Compare to other CC is actually quite stable and it`s not very volatile on day to day basis. In Novemeber, they will host more than 5 events (13.11 Singapor event, 15.11 Fintech event and the most important event: Japanese exchange GMO will add XRP/Ripple to their exchange, probably on 30.11 ).
Source:https://coin.z.com/jp/corp/about/news/press/20170913-01.html
Happy trading :)
Ripple, be prepared for the climbRipple is ready to climb
The ascending trading channel in place since july 16th has shown the ripple wants to stay in its range. Currently trading close or just above the lower channel line, broke a minor trendline yesterday,
Recommended trading action,
add to your buys,
Trading at your own risks,