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Giovi6969
Apr 18, 2018 9:43 AM

Xrp from Ripple: approching breakout?  

XRP / U.S. dollarBitstamp

Description


Hi traders,

The breakout of the top line resistance could be seen as a buy opportunity if you missed the yesterday's Btc 7.810$ entry.
Xrp is a sort of lagger since the past few days, but it probably is accumulating and the breakout could pop with a violent raise, and then could be interesting to trade.
Millions of Japanese and Koreans are lurking Xrp every day, i am sure they will be eager to buy this breakout.

Have a good day/evening.

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Xrp is breaking out even if Bitcoin is not raising.
If Bitcoin was slightly raising, Xrp would probably be exploding right now

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Xrp is using what used to be a resistive line as a support.
This is an healthy move

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Coin's life cycle.

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Accuracy drawing authism

Trade active

Next resistances : 0.74$, 0.87$
Good luck and take profits

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Support found on the trend line
See in orange the supports Xrp have in case Btc falls

Trade closed: target reached

0.74 reached and broken
Took 0.7 cents since the break out, which is a good day trade
Taking profit or hodling, is your decision

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This is the violent raise i was seeking for.
Why Xrp is a lagger compared to other alts like Stellar is a mystery to me yet.

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0.87 reached and broken.
Next step 1$

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Xrp seems to be in full fomo mode
Students told me there is a partnership with Apple?
I quickly searched but couldn't find a reliable info about it

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Fibonacci resistance breakout
Comments
NewYork888
There's that .68c I mentioned a few hours ago right now - we'll see what happens.
Giovi6969
@london55555,
i am already in as i am hodling some xrp since some time now, but i am monitoring and lurking from time to time
I'll see how this .68 evolves
NewYork888
.68c is the number it XRP has to clear on VERY large volume to get back its steam - we'll wait for a major pullback because that's what we do - but agree with this 100% it could double from here if it takes off over .70c area.
Giovi6969
@london55555,
Yes.
cI8DH
0.708 is a historic support

In general, I don't expect much from Ripple. It's market is too big. Crypto market is almost neutral (bearish/bullish wise) and coins with big market cap won't be able to perform well.
cI8DH
my 2 cents!
cryptomarie
:-)
AIMORAN
Ripple is going up because Binance added pair XRP/USDT
Giovi6969
@AIMORAN,
ok thank you for this information
Woota
@AIMORAN, binance tweeted yesterday
"While we can't predict the future, others keep attempting it on us. Both "news" are not accurate. We are working with banks (to potentially support fiat), but no plans for USD in the short term. No xvg or xpr involved. Be careful around predictive "crystal ball" news."
But xrp is still growing...
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