XRP is currently consolidating after its late April bottom. Since February 2018 it has been making Lower Highs. Quite interestingly every High that followed and top made, it was rejected roughly on the 0.618 Fibonacci retracement level of the previous High to bottom. So far we can count 4 successful incidents in the last year, which makes it a highly successful...
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...
Everything looks like price will hit $0.33
For us, it will be a great opportunity to open long-term buy with goals $0.5 or $0.6
The main reason why I think the price will make a little drop to the key zone is: last days price is dropping down but volume decreasing. when big players want to move instrument they hold it. In such places, we see volume increase but...
1H Chart Explanation:
- Price is on a range.
- It bounced on a Support Zone and is currently on a Descending Wedge.
- Bullish Divergence on MACD.
- If price breaks the Descending Wedge, it has potential to move up towards the top of the range, to the 4H Descending Trendline at 0,46573.
You can check our previous analysis on XRP and our Top and Bottom View on the...
XRP is preparing for the 3rd wave, when we count with that the 2nd wave is already done.
We can see in chart the uptrend line which is our support and holding good so far.
I think we would see the retest this line again, after that we can get enough volume to bounce off with a projection to the target zone.
One of the most useful relationships I've found is between altcoins like BITFINEX:XRPUSD and Bitcoin Dominance CRYPTOCAP:BTC.D
This is just a comparison of XRP/USD vs. BTC Dominance, but you can see this inverse correlation play out across the vast majority of heavily traded altcoins.
And if you set your alts vs. btc instead of alts vs. USD, the correlation...
Hey! I am back with another Idea, this time looking again at XRP.
Some time has past and XRP has broken the overall uptrend line. I thought after that XRP is going all the way down to 36 cents but soon after the uptrend was broken, I found out that there is still one more uptrend left.
After the first sharp uptrend was broken, strong price action down was seen...
The RIPPLE "XRPUSD" daily chart above shows that the rally that started August 2018 from the major low at $0.24694 area took the shape of Elliot Wave five-wave impulse structure labeled (1)-(5). According to Elliot Wave theory, a three-wave correction in the opposite direction follows every impulsive move.
In Ripple's case, the corrective wave...
Hello, I am back after a while.
Even if may sound like it wasnt I while, I was still uploading Private forex charts to test if they work in same way as crypto, and I would personally say that Forex charts are even better to analyze than crypto as they have more Volume and chart data, history etc.
But lets now look at XRP.
So from 2D chart, you can easily say...
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).
Happy Monday, and for some it is, as we have seen a bit on green overnight with BTC and a few dollars in XRP here, but is it enough to reverse the current bear market?
In my opinion, NO.
The latest 5 wave impulse has corrected beyond the 100% mark throwing the pattern into an extended correction,(WXYXZ) the only question now is how low are we...