Learn here: https://www.ripple.com/xrp/
XRP Price $0.281420 USD
XRP ROI 4,691.07%
Market Rank #3
Market Cap $12,147,991,414 USD
24 Hour $1,567,699,568 USD
Circulating Supply 43,166,787,298 XRP
Total Supply 99,991,330,383 XRP
Max Supply 100,000,000,000 XRP
All Time High $3.84 USD
(Jan 04, 2018)
All Time Low $0.002802 USD
(Jul 07, 2014)
52 Week High / Low $0.560547 USD /
90 Day High / Low $0.349789 USD /
30 Day High / Low $0.322034 USD /
7 Day High / Low $0.283725 USD /
24 Hour High / Low $0.283725 USD /
Yesterday's High / Low $0.283569 USD /
Yesterday's Open / Close $0.275829 USD /
Yesterday's Change $0.002630 USD (0.95%)
Yesterday's $1,518,125,769 USD
Today's global payments infrastructure has more in common with the outdated postal system than this generation’s internet. Recognizing this friction in payments, our founders established Ripple with the idea of using blockchain technology and digital assets to enable financial institutions to send money across borders, instantly, reliably and for fractions of a penny.
This unification of the underlying infrastructure that ties institutions and providers together not only helps our customers grow their business but also it helps enable the world to move money like information moves today—a concept we refer to as the Internet of Value.
The best digital asset built for payments
While all the financial institutions on our network enjoy faster, lower-cost global payments, those who use the digital asset XRP to source liquidity can do so in seconds. XRP is quicker, less costly and more scalable than any other digital asset.
Weekly Chart: Cycle Wave 1 & 2
See related idea for further analysis.
First, you should place your stop loss order below the bottom of wave 1.
Second, you should cease looking at the price every few minutes to see whether the third wave has started! Frequently, this anticipation and waiting makes one nervous, and many traders exit the position solely because they are anxious.
The third thing you should do is to refuse to take profits until your profit objective is met. Of the three impulses within a five wave up move, Elliott says it is usual for at least one to be an extended.
An extended wave is a move that travels a distance farther than what is normal. We will deal with extensions later on. But be aware that the most common place for an extension to happen is during the third wave. This is one of the reasons why I urge you to refrain from taking profits during a third wave.
Rule: The Third Wave CANNOT be the Shortest wave.
If wave three (now we are talking of the bigger wave 3) travels beyond the equality measure of wave 1, then the next likely target will be 123.6% of wave 1, or 161.8% of wave 1. So long as wave 3 does not go farther than 161.8% of wave 1, then we will assume that this was a ‘normal’ third wave.
Fib Time Markers are specific points in time when something changes (News, Fundamentals, Etc.)
The Humble Watcher,
*Always for Educational Purposes, thoughts and analysis are NOT recommendations. Please consult a financial advisor before investing.*