Ripple has crossed the negative trend channel, touched the lower limit and has rebounded.
One can expect that XRP will do the next crossing through the channel before reaching the upper limit. This would be approx 40% benefits from today.
This bullish scenario is confirmed by the indicators RSI and MACD. Both turning to the top.
MACD: signal line has just been ...
Ripple touched 0.25 dollars a first time and went to 0.35 dollars.
It came back to 0.25 and what happened ? monster pump with shadow till 0.8 dollars. Wow
there is a great resemblance between the fractals in the two ovals on the left side and ripple is coming now back to 0.25 dollars.
Why should not ripple find support again? The logical target would be ...
Buy Price: Green Zones
SL: Below the 1 FIBO
Profit: FIBO LINES
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 50 Percent
Looking at the chart of XRP , i see two things that will happen:
1 - XRP will hit the 0 FIBO support ( like did in the middle of Setember ), if this happen, rsi will be oversold, causing a reversal tendency! Also, this 1 FIBO is a ...
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 ...
Hey! I am back with another Idea, this time looking again at Ripple, my favorite "cryptocurrency", even if you dont consider it as cryptocurrency its still just a good investment of money.
Many people are saying that Ripple token is unable to rise in value, well thats not true if you read enough about Ripple token usecase.
Just think about it for a while.
First, some technicals. We can note that the selling pressure of everything else was to much for the continuation triangle to take hold and start a move up. If we look to RSI for some guidance we can see in the immediate past that a low RSI yielded a move up in both cases. A substantial move in one of them. I think it's unlikely that we will get that great a move ...
Hey! I am back with Another Technical Analysis with updates!
The More likes, the More updates!
This time looking again at XRP as the best performing cryptocurrency in the despair crypto market!
So why I am looking at XRP/BTC chart and not XRP/USDT?
Because the BTC chart shows actual Ripple moves, demand and way precise candles. In USD value you may see that ...
In previous ideas, I predicted the correction of this coin, after its growth on September 20th.
At the moment, it seems to me that the crypt market correction is over. If we analyze the volumes of this coin, it is clear that the volumes became worse after the breakthrough of $ 0.38 (for this level I published the idea on November ...
Please check October 5th TA which came out pretty close to price/timing movement. I applied same method here. More looking at a proper rebound around 0.37 areao rather than 0.30 area, which could still play later on if not further down (0.15).
Like most of the Coins, Ripple also went through a "dark" period starting with the 19th of November which was followed by sideways movements in the last 10 days.
In this short interval, we could see the price having a daily moving average of 8.79% (or 0.0312$) and the levels where it had difficulties in advancing were 0.3986 (Resistance Level) and 0.3458 (Support ...
Hey, I am back with another Technical Analysis, this time looking again at the only cryptocurrency with real usecase, that is being adopted pretty fast.
Ripple, one of the few cryptocurrencies that are acting very stable even in such despair, unforgiving market.
Ripple is acting very strong and stable, even if it doesnt look like it, because even ...
Hey! after a while, I am back with another Ripple Technical Analysis with updates.
The rule is simple, The More likes, the More updates!
I am really glad from all the feedback I got in my previous TA with updates, but unfortunately, I was busy the whole week, but I am back with another TA with updates, so lets get right into it!
Here is the TA from week ago ...
XRP / USD TA
Indicators are bullish in short term.
We remain bearish in short term since Bitcoin is still in bearish trend, which if makes another leg down will plummet the price of XRP even lower. If you're looking at refill, wait several hours to see if Bitcoin breaks out from it's pattern of goes down.
Enjoy this trade advice my Crypto Maniacs, but remember ...