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EXCAVO
Dec 20, 2019 11:20 AM

XRP/USD Long

XRP / U.S. dollarBitstamp

Description

Hello everybody
I have been watching ripple for a long time and have not entered into a deal
 Over the past week, I saw a sale of coins and I have not seen such a price for a long time. 0.18 cents

As you all know, the cryptocurrency market is cyclical, andI'm saying this is not the first time.
We have seen this situation many times and the chart confirms this.

I analyzed ripple cycles
Pair with the dollar and bitcoin and saw a very interesting situation,
- every 210-240 days there is a rapid growth of the coin
- there is no long-term stable growth on the coin
- after the pump we always see a long-term debilitating fall


- good volumes
- the lower the price of a coin, the more interesting it is for institutional investors
over the last 24 hours more than $ 3.5 mnl was bought at bitstam

We are approaching the end of the cycle, and within 30 days I expect a jump
In the area 0.136-0.162 there are huge limit buy orders and I think no one will remove these orders
There is fear in the market and it’s good
Good entry point for swing trade

Best regards EXCAVO

Comment

Also XRPBTC pair similar situation

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+3%

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Ripple XRP broke the $ 0.200 level. Altcoin is currently trading at $ 0.210, and it has risen 9% in a day

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Break out resistance line
Comments
ReallyMe
I can vividly remember how the same people who now say XRP is now at the ultimate bottom, 3 months ago said "what a nice bottom formation! $0.23 is the absolute lowest point".
That's why I wouldn't swallow any of the same bullshit "analysis" today, the fact is, Ripple can go down to $0.03 and even lower, objectively there is no sign of a trend reversal at all. Don't be foolish and don't be fooled. Use your own brains. It is in a downtrend. Still. Period.
pbelter
XRP is going to $589 as people been saying for years now. What they neglect to mention is that $ stands for 1 Satoshi.
So we will see XRP for $589 or 0.04 USD
non-hop
it is obviously going to 17c again..
kullervo88
Tree years ago Ripple was 0.006 USD, now it is 0.18 USD. It has risen by about 3000% in three years, that is insane. Market always goes back, and I think ripple must go to test 0.03 USD level next.
jonzon21
Today March 3, I click play this chart and it looks like a kind of witchcraft, my brother... haha Update???
UnknownUnicorn6061584
you are top
appriciate your work
UnknownUnicorn6047038
you did the good work) my analysis at this coin
robharman
DITTO
KryptoBytes
233 is Fibonacci.....
diverno
Ur draw very bad as I may say. Ur more like a gambler try to draw his idea. Good luck sir
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