XRP / USD TA
Let’s dive into it, before it’s too late!
We are currently sitting on 744+ Strong support line in form of a trend line seen below.
Why is this support significant?
Mostly because of the immense accumulation that we have been observing over last 2 Years. Even though to some it won’t appear as accumulation during the times we had run ups from $0.20...
Hello to all traders, investors and other crypto enthusiasts.
Today I am publishing an analysis of the ripple/dollar. From the Polonex exchange because here we can see a long history of the movement of the coin.
If we talk about the chart, we can see a repeating yellow triangle that will be broken by a huge green candlestick up.
First fibonacci level at the...
Here we have XRPUSD 1D chart.
In this chart we have a critical point at the ledge of the bear trend from temporary correction top happened April 2018 this point is will determine if we are going to have a new trend or failed to break it and return to bears here what am seeing according to this logical triangle pattern that breakout will make perfect...
First, this is not a trading idea, basically because I am not giving any stop and targets YET.
Second, even though the shape doesn't look promising, I expect BTC to fall down hard one more time and then we may see it pushing upwards. So I expect XRP to move similar. First, I expect it to bleed slowly.
This is just the levels which I would buy $XRP.
This is not a TA, but something interesting I've observed happen back in 2017 Bull Run.
While in 2017 Bitcoin had one bull run, XRP experienced two bull runs (first in March 2017 and second in December 2017) and resulted in over 80,000% profits.
What is interesting about this chart is that we see XRP bull run just before Bitcoin took off, then while Bitcoin was...
XRP / USD TA - UPDATED
Reasoning behind drastic value rise of XRP? + Common misconceptions about XRP use case
1. Why will XRP price rise in value?
XRP value will rise drastically due to banks beginning using XRP as a liquidity and settlement tool for bank to bank transfers. Keep in mind that this will result in drastic volume increase and demand for XRP. After...
The development at Ripple has been quite boring lately.
Many have hoped that the trend reversal is coming soon. However, technical analysis still advises caution.
There are still not enough positive indicators. Ripple broke the long term support down. And also the long-term Fibo 0.236.
The next support could be the short-term Fibo (0.236) at 0.00005814. Even...
Daily Chart Explanation:
- Price is on a Descending Channel since April '18.
- It bounced on the Support Zone and is currently on a Bullish Corrective Structure.
- If price breaks the Descending Channel at 0,483, it has potential to move up towards the Resistance Zone at 0,75.
You can check our Top and Bottom Analysis and our last short term view on XRP on the...
Currently, the price is on the pretty strong resistance area (orange lines) and soon there is also an important trendline which should act as a resistance level. If you are a short-term or mid-term trader and if you want to buy it right now, then I have to say - do buy it on the tip and do buy it near the strong resistance is definitely a mistake, we need to wait...
Today xrpusd show 20% growing after long time down trend
And we break up long term resistance line of the triangle
At this Daily chart we need to go to the middle line of the uptrend channel 56-59 cents area
Hello friends, I would like to share with you my analysis of XRP.
According the analysis, XRP will go up 63,28%, this percentage will be the first target and after that it will go up more to 0,7177
So we will see how it will move in the next days...
Don't forget the position sizing guys ;-)
Feel free to leave your comment if you want more cryptocurrencies...
XRP / USD TA + FRACTALS
Here we are looking at Golden Cross on 1D chart. We see that we are few days before confirmed Golden Cross, but many can already call it. We are also looking back at 2017 to see what happened back then when we had Golden Cross (When 50 MA rises above 200 MA)
What should we expect?
Daily Golden Crosses are usually looked at more as of a...