Hi traders. Looks Like we on a NECKLINE. if it breaks, H&S targets are possible. MA's support bearish view Drive Safe.
Long XRPUSD after breakout of that trendline, Ripple today announced some new partnership, which rocketed Ripple back up, and hopefuly we will see continuation of that trend. Lets see that 3.5$
The Ripple XRPBTC cryptocurrency made a nice correction of three waves back to the level of the previous wave four of a lesser degree with (a) = (c) equal legs and a stroke of exactly 1.61 level (in line with previous expectations). This is really a perfect configuration in the Elliott wave theory and exactly what we are looking for in trading setups. Currently,...
This looks like the last support level before Ripple falls to $1. The USD equivalent is around $1.62. Not a deep technical analysis but I do believe it will hold above this level.
Head and shoulders on Ripple, how low do you think it will go :)
I posted earlier that Ripple was breaking through the top channel and could at worst test the bottom of the lower channel. Since that action I have taken another look at Ripple to provide an update. This chart is a little busy but it is mostly to help cover a question a trader had on my previous post. A clear Head and Shoulders was formed and the neckline...
Ripple has retraced to 50%. It will most likely bounce off, but if it doesn't it will most likely drop to the 61.8% retracement. Hopefully this is it for XRP and the price recovers. Next target is $2.10 followed by $2.53. Any thoughts?
As predicted the down upto $1.60. its time to to get up and stable for a while
At this point it is obvious that Ripple is in a downtrend and some are recommending to buy it now but I think that would be a mistake. Based on the chart it has the potential for much more pain in the short term and could possibly test the bottom of the lower channel. In addition Ripple has broken below the 200EMA and I would consider it a no touch until the...
Ripple is continuously testing that green box support and it will have to break eventually. Confirmation will be the line break. Keep watching.
I believe XRP will break support and head down before resuming the is bullish uptrend and here's why (keep in mind this is the XRP/BTC pairing). If you look back at price XRP it has a history of returning back from whence it came. Typically after any significant move on XRP we've returned to price levels prior to those moves. However, I don't believe this...
Anyway long position to 3.40000. Best regards, team "Powerful Traders"
My prior 325% call came through as expected. New targets are: +180% to $5.80 by Jan-6th -61% retracement to $4.00-4.25 (new buy zone or HODL) +289% to $9.90 by Jan-13th Stop loss at $1.75
Lower volume on the head than the left shoulder, then lower volume on the right shoulder than the head. Neckline slanted up, though not certain yet. Need another 1-3 12H candles to confirm, and seeing a candle close below the neckline would be proof in the pudding. Right now its still possible we see a rally and a continuation of the recent uptrend (would want to...
Let's see if ripple ($XRP) can make the push back up the awesome osicllator to get us back into 20k sats. First, we need to see if we can get passed the 1 fib level @ 17.6k sats. If we can I think we can sneak away with a sell order above the most recent $xrp pump. Let me know what you think!
Nice entry right now for the moon
Hello Traders! We are going to take Long position. Soon we can see the retest of 3.40000. Best regards, team traders "Powerful Traders"