Sherem
Long

Is Ripple going to moon again?

BITSTAMP:XRPUSD   XRP / U.S. Dollar
if you are following me, you know we have been long on Ripple since the 30-33 cent area. We can see that this weekly trendline has held up nicely and we are getting a move off of it. We have broken this red trend line and are now heading to this next resistance area at 45-50 cents. There was a chance that we could form a bear flag , but that is out the window with the break of this channel to the upside.

While the MACD and RSI aren't telling us much on the Daily chart , if we utilize the weekly chart to look at a larger picture, we can see that MACD looks ready to cross. While not quite there yet, if we get a solid move and break this larger gold trendline , a move to $1 will very much be in play. If we can go into full bull run mode over the next 3 months, don't be surprised if we see $3 again. Ripple has had some major announcements which pushed it higher and continue to push it higher as it develops it's infrastructure.

Bottom line, watch this gold trend line I have on my chart at this 50 cent area. If this breaks, we will get a huge move to the upside.

Happy hodling,

-Sherem
Comment: ripple is moving fast, already hit this 50 cent area and hitting our trendline.

Comment: I also published this as a featured post on daily hodl as an fyi, check it out - https://dailyhodl.com/2018/09/20/xrp-pri...
Comment: Wow! What a move! We are going to $1 at least now with that type of buying power.

Comment: I expect it will stall and have some type of retrace before we get there. But $1 is the next target. If we keep this kind of momentum up, it will blow through that level even. We might not even need to sell at $1 and can hold until 2 or 3, maybe higher? we'll have to see how it reacts as we push higher.
Comment: Folks, if you are looking to get in Ripple for a larger move up, look to get in just above 50 cents, possibly around 48-49. This area should hold for a greater move up now that ETH has broken up, as long as BTC breaks it will really propel ripple up. Just be mindful of where your stop loss in case it doesn't and remember that we are long from the 30-33 cent area.
Comment: See comment above, that 48-49 entry was great. We'll be going higher. I am still holding
Comment: Check out this weekly MACD cross. If we get some solid movement, we could be going much higher than $1.

Comment: ripple update:
All my posts are not intended as financial advice, just me sharing what i am doing with my research and positions. Don't stress, pick your points and don't use leverage.
Hello everyone, i’m here with the idea to help you because protecticting you capital is most important, the chance ripple goes over 1.00$ AT THIS TIME AND IN THE NEAR FUTURE is very very low as its possible to get to 1.00$ but there will be something epic -90% HIGLY possible that will happen, so be carefull!! “”Missing the train” will not cost you anything there will be alot more oppurtunities! ETHEREUM, going under 50$ will suprise you yes? Going under 20$ also? And some of alts will REALLY touch the ground so HAVE PATIENCE, BE SMART, DON’T LOOSE AGAIN I WISH YOU THE BEST TO YOU AND YOUR FAMILY!
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MOON = FOMO
HELL = FOMO
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In at .32 out at .58. 81% gain Not bad for 2 days.

Any comment on the opinion that Koreans are using fiat/XRP as their gateway to crypto? Could be what is pushing the volume up to #2.

Also, big XRP conference coming up. Could be an announcement... Don't know. Buy the rumor sell the news?
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Sherem theredbaronZ
@theredbaronZ, I don't think so, most all the alt's are still priced in btc, etc and doge from what I am seeing. I haven't looked into how things are priced in ripples lately over there

I am just holding for now, BTC is so close to breaking up, and if it does, ripple will really rocket up.
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manjotsbajwa theredbaronZ
@theredbaronZ, do you think we might see .30 to .35 again?
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I expect this to be a typical Pump and Dump scenario.
Bitcoin is retracting to the 6800 level, and this will generate new bearish feeling.
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Sherem emmanueltorresg
@emmanueltorresg, Unless BTC breaks 7k, then we are going up much higher. Which I think it will.
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@Sherem, I agree... We need to "follow the leader" .. we need to wait and see what happens with BTC.. but the last several times BTC and ETH have touched the top of the falling wedge, we have seen tremendous coorections to the downside :s .. I don't feel very confident right now..
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emmanueltorresg emmanueltorresg
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emmanueltorresg emmanueltorresg
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