We've not seen modest sized weekly candles on Ripple being squeezed this tight since 2016!! Big move incoming relatively soon. It doesn't mean buy now, it means to watch it closely, set alerts and take an interest. If crypto pulls back over the next 2-3 weeks Ripple may give up a little more giving a really nice entry point towards the bottom of the Bollinger...
Ripple showed signs of great bullishness in previous period as starting from 27 cents, made 80cents (which was fib based maximum started from that point).
Mathematicaly justified price of XRP at peak would be 64 cents, nor a cent more. (with presumption of uptrending from 27 cents after long consolidation-January).
However, we had enourmous buys of Ripple these...
Last week we saw a very large rise in the Rippel and a correction of this rise, what can we expect to continue? You can see that last week the Ripple broke the resistance and rose to the 200 moving average line and when it fell it stopped just in the resistance area that actually became support.
We think this is the right moment to open a long position with a...
Hello Lads and Ladies,
Welcome back to TJ's Trade Corner! Today, we will take a deeper look at XRP and what it might have in store for us.
Lets jump right into and look at the structure that we are seing right now. We are clerly seeing a rising support or what you would call a series of higher lows. This is indicating us already an important part of an uptrend....
After a logn bearish run in the higer timeframes finalyl we can see a bullish move on soem coins ,so right now i would like to try to go long as a very interesting set up is been presented here with some nice confirmations to aim for a 11% to 15% and those are :
1.Broke the major descendign weekly TL
2.Created a new high in the lower tiemframes
What is a descending triangle? The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns, but just that´s not the case.
After 2 days in which the trading volumes have increased, the price of Ripple has manage to stabilize above the 20 days Moving Average and new bullish trend on a 1D Chart has started.
A similar price evolution like the one from today has been registered 2 times in the last 3 weeks but in both cases, the price lost it's ground afterwards, as it follows :
The best idea to buy some after Breakouts of 3 points in Triangle. Approximately >
Risky to buy after 1st point ~ 0.31$ Possible fake-break and return to ~ 0.28$ Support .
Short idea with mini :D arguments . Thanks
Will truth win?
The XRP "system" has no value and does not belong on a blockchain.
Targets as shown on chart. Daily, longer term.
And if you paid attention, you may have noticed i even marked out a negative price.
That's right, if anything, they should pay people to use their inefficient, useless fake blockchain system.
In the last 18 weeks, the price of Ripple has lost almost all of it's growth registered on the 17th of September, (day in which it has doubled it's value) based on the trading volumes which have been inconsistent.
And even if the evolution of the trading volumes oscillated, the trend of these ones remained negative and we can say today that the price of Ripple is...
After 29 days of a bearish trend and a drop of 36%, the price is finally going through a better period and is about to register the 3rd consecutive day of growth.
Another important detail is given by the crossover of the 20 days Moving Average meaning that, according to the Bollinger Bands, we are assisting to a trend change which can also be confirmed if the...
In the previous idea, I was expecting the end of the fall in the price zone of 0.27-0.28 $. The price did not reach my goal (local minimum was $ 0.285) and buyers beat the top trend line of the wedge. If we analyze volumes on which buyers beat the upper trend line then they were raised. However, were they reversible volumes, after which you can say with certainty...
XRP has drifted lower recently after holding up extremely well in the market collapse
We have fallen near $0.29 and are approaching a demand zone
This has been a strong support OB in the past and we can expect to see a similar reaction
If we do get a bounce, we could see a retest of supply above after some consolidation at this bounce zone
If we get a flush...