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XRP / Euro

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XRPEUR trade ideas

XRP/EUR Symmetrical triangle morhped into a descending triangleThe symmetrical triangle from the previous analysis morphed into a descending triangle. This descending triangle is indicating a bearish signal. But we can see that the upwards volume is increasing at the lower boundary of the triangle. Which is indicating that we will probably see a price increase in the next few hours. After the 'small' increase we will need to see if the buying pressure is strong enough to break the resistance of the descending triangle. If the bulls are strong enough to break the resistance layer.. than we're probably entering a horizontal channel. If the bulls are not strong enough then we might be on a way down..
by CWouter
8
XRPEUR Analysis of BasesWhen we look on the hour grap for the last 14 days we can see two clear bases. One at 0,201 EUR and second one at 0,168. If the base at 0,2 will keep holding we might test the the resistance at 0,224 and at 0,234. If not the next big can be found at 0,168 Ripple has been very unpredictable in the last several days. At first it jumped to 0,23 EUR Afterwards it fell Rapidly twice and now it is consolidating before another sudden change. Since the Torono Convention is coming up in 3 days i beleive we will see extreme sudden changes in the coming days. (Source Convention: ripple.com ) For newest announcement from Ripple you can have a look at twitter.com
by QuantTherapy
XRPEUR (8h): Fib 1.62 (0.22 > 0.33 EUR 50%) short term possibleRipple / EUR: Short term Fibo 1.62 possible (0.33 EUR) At the moment there might be a nice possibility to trade with Ripple short-term. Ripple behaves quite well after Fibo. Therefore, a rise to 1.62 could well be an option . Regardless of this, Ripple Long-Term is an interesting option to go long. Possible targets: > 0.25 EUR > 0.33 EUR > long term 0.5 EUR and more Let's see what happens. Happy trading. :-) See also: XRPUSD - Chart Sept 16
by BTCINVESTING
XRPEUR: repeated pattern/trend?Similar pattern as currently bouncing of a double support level and most likely progressing upwards in the short term to the next resistance level mid-term seems to be still down trending from where it could develop upwards. If history/patterns repeat(s) we might see a large breakout soon. I personally am a believer in what Ripple is doing. and where they are heading How this progress/news will reflect on the actual future XRP value i'm not sure. (if at all) Although the news is mostly positive, Ripple is recently sued by R3 so lets hope this turns out well and we get some good action from that.
Long
by jcuypers
4