Ripple has a great potential to grow... It has a support at the yellow line. Ripple has been consolidating for a while, channel drawn. Is it time for another big move? or first a correction... Keep it in sight. Watch for volume and good news, they were going to announce other xrapid partnerships... There is some bullish divergence, watch the RSI. but it is...
To me this looks like a textbook version of a pennant and XRP is getting ready for a new break out. Japanese banks are using Ripple, I'm actually surprised it didn't rocket yet. twitter.com Or am I missing something?
I waited a little while until I published this chart. I think we can now expect a correction. We saw the top. Fibo gives the pullback. In most cases it is 0.62 or 0.38. I think we see 0.38 (0.44 USD). Target down: 0.60 > 0.44 USD Target up: 1.24 USD Let's see what happens. Happy trading. :-)
Lazy momento for XRPUSD now in a consolidation moment...waiting for the breakout of the triangle pattern!!!
Lets look at the bigger picture, NOT 15 Minute Charts! We did get into few issues with XRP and numerous other coins because of BTC. Nevertheless, we should find out future of this and other coins within few hours/days. Get early charts, updates, ideas and alerts here --> www.cryptomaniac101.com
-XRP has been showing sideways movement since its recent take off. -First published idea, FIB levels still a bit confusing to me but have been correct in the past. -Let me know what you think and advice is appreciated
Followed by a correction eventually. 0.618fib≈ 200 day moving avg needs to catch up
Look for price to fall to key support, could be a good opportunity to buy
Ripple / USD is locked inside a triangle. Ripple / USD already hit the upper and lower maring of the triangle four times. I expect the outbreak on the upperside this weekend. RSI and Stochastic are both in a position which will support the next jump to a higher level.
Not sure this will end up happening. I am not in on this one as I do believe it will godown. However, this could possibly break up hard. If it does I'm expecting some pretty choppy moves.
HVF forming on Ripple, Low # 3 currently forming and heading upwards.
Assuming it follow this elliot wave impulse next target is $1.2
As you can see Ripple is forming another wedge just as its previous wedge before the breakout. Im long on this analysis.
Earlier I posted an idea for XRPUSDT 25.79% , mentioning all the bullish signals, and it turned out to be a huge winner. There is no analysis needed here. There is still plenty of room for growth. Based on past history, Ripple's (XRP) bull run can last LONG. TRADE AT YOUR OWN RISK. AIM FOR THE TOP! --- This is the reason why XRPBTC still has plenty of room for...
After making a huge run the last few days Ripple is now consolidating and forming a pennant pattern. For anyone looking to buy, I would wait for a breakout to the upside.
Do the logical thing here and cover you position that is 160% up then buy back at correction