Hey guys. I'm back with another TA, this time on Ripple! Looking at the 4 hour chart, we can see that XRP has been forming a falling wedge pattern since its highs back in May. Time fibs show that another move may be upon us as we reach the apex of that wedge, signaling a strong move on the 12th of July. Looking at the RSI, we can see that XRP has been showing...
XRP has been a bargain at current levels relative to how it normally trades. We have been in a bear cycle for some time and it now seems like we are building to break out of it. In today's trading I expect to hit a low around .45 before we begin building again and challenge some of the other resistance in the .50 range. This weekend should bring us to .50 but...
I am bullish on XRP as a stake holder - but I can't deny what I see in the charts. XRP as I have predicted in previous analysis moved up to the .50 mark after flirting with lows around .42 It appears we are forming a head on an H&S pattern. We wont know until we have confirmation on the right side - but if you are looking to short the trade you should be...
MACD is bullish... Moving averages not so much, but we have to believe it's going to reach for that 50 day SMA ~8k Momentum squeeze indicator on the rise Aqua lines are old LONG FLAT ichimoku lines (magnets), but developed during bull market of course. RSI is low and looks ready to bounce soon Wedge was broken to the upside. Most adopted crypto by current...
XRP has been moving "sideways" since the last chart. There are two circles on the chart indicating where I think XRP will make a decision as to which way to go. BTC has been moving in a similar manner and its important to consider what BTC is doing relative to Ripple. There are three possible scenario's that I can see happening - all of them require no action...
I am a writer and full-time entrepreneur in addition to trading crypto. One of the benefits in following a market that never closes - is that huge chunks of time in between trades are mine to do what I want with. Many of my businesses require the occasional bout of "hands on" management - usually this doesn't take a lot of time and I am able to focus on both...
In my last chart I called the bottom at .43 where I hope some of you were able to pickup some XRP. XRP like BTC seems to have hit its bottom (at least for this cycle) and we should be moving up to test some of the higher resistance areas before we move on. XRP double bottomed and reversed which is what has brought us to current prices. Given the direction BTC...
I am a long-term holder of XRP. It seems the current cycle has been great for buying but terrible for selling. It doesn't look like that is changing soon. The current pattern for XRP in conjunction with the pattern BTC is on will likely bring us to lower levels in the immediate future. It looks like XRP will hit at least .43 before we see any reversal. Much...
$XRP looks like it's about to make a move and at the moment that move looks bullish. Hidden divergences (CHECK RELATED IDEAS) and a falling wedge that looks like it has completed it's count and is knocking on the resistance of 8000 satoshis. If it breaks through this resistance it should knock on 8200 resistance soon after. This is not trading advice. I use these...
Same play as found in $TRX (CHECK RELATED IDEAS) Only differences is $TRX is a 1D chart and $XRP is 4H. Still you can get they same concept. The start of a climb up as it starts to create a bullish divergence. Just keep in mind what ever plays out next be a bit more bullish. This is not trading advice. I use these charts for education purpose and for fun....
XRP failed to hold previous supports (CHECK RELATED IDEAS), which has resulted in a lot of red candles. It is still in a correction phase, but for how longer? Dipped into oversold on the RSI is a good indicator that an upwards move is about to happen and a bull flag coming to the end of it's stop about to make a move up (possible targets of 0.0000960 - 1000),...
XRP bear market correction is following the WXY double combo patter which is basically 2 ABCs (any corrective pattern) connected together by X wave. Currently we are completing the C leg of Y wave. Target 1 : 25-30cents Target 2 : 10-15cents
Even though Bitcoin has a tendency for lowering in price, meanwhile some alts can appreciate to Bitcoin. I would trade for 13k sat.
If you look back through the $XRP 4H chart you will see that previous resistances have become support. There was a drop to 0.0000825 (possibly a bull trap), but because of how quick it happened and shot back up to 0.0000843 it could possibly fall back to this area to complete the C wave correction. RSI uptrend is still in play, previous supports at 16.5 and 29.9...
With the use of Elliott Wave count we get to see a possible pattern or direction in which $XRP is heading, a possible read on what's in store up ahead. With the help of fibonacci I see this being the possible stop off of a C wave correction. On a bigger scale this is not necessarily a bad thing this is a solid good correction and on a bigger scale we are still on...
As we can see labelled on the chart there is 2 Pennants but are they both bullish? When you take the length of the pennants flag pole and place it to potential break out area it is to give you a rough estimate to where it stops off to correct. But in this case pennant A's break out exceeds it's flag pole in length (up to 0.000087) and climbs up to reach 1.618 of...
I see a strong resistance, an inability to break through the level for a long time. "If we do not grow, we fall." I think there will be a rollback of xrp to the lower border of the triangle, which may now coincide with the likely not-too-low btc (indicators for this indicate macd rsi). Then xrp will resume the test of the upper bounds with the subsequent exit to...
XRP / BTC: it seems that we are currently putting in the waves D and E to complete wave 4 of one larger degree; this means that we'll soon be going up for a wave 5 to complete wave 1 of a larger degree. then down for a shallow 2 as this is in fact all part of a wave 3 of a larger degree, so brace yourselves! there are alternate counts that could possibly take...