Ripple, dont get mad again... Broadening ascending wedge(78%)Ripple, dont get mad again...
Seems after too many pumps and ddos
and bitcoin price increase people still dont know what to do with their bitcoin anymore one again and start dropping some at ripple.
Keep in mind the bigger bicture by ripple after this bubble.
You could buy ripple below the ~6700 level, rather sooner than later
Broadening ascending wedge's are generally assumed to break down at ~78%:
Search in ideas for "RIPPLE"
Ripple USD 4h: Positive short and long term view possible.Ripple is highly specialized. Not everyone is aware of this.The cryptocurrency/token is one of the fastest. It works behind the scene. Only banks and financial service providers are the target groups. I am neutral to all cryptocurrencies and a supporter of bitcoin and many altcoins. But I see here a clear positioning to Bitcoin and ETH and also advantages. Ripple can not be compared with Bitcoin or other Altcoins. If Ripple continues to gain acceptance in the banking market, the price increases. And. During each transaction, a ripple is burned. This reduces the number of Ripples. I think you should know that. This is the reason why I see a positive development.
Let's see what happens. Happy trading. :-)
RIPPLE XRP THE FUTURE OF MONEYRipple XRP is a long term hold right now with the second largest market cap behind Bitcoin. Should reach 25 cents by 2016 from its current price of a penny. Long on Ripple short on Bitcoin. Also banks are starting to get on board including FIDOR bank in Germany and now U.S banks are starting to use the Ripple protocol. Once a major player comes on board such as CITI bank or Bank of America i am expecting a huge pump. www.coindesk.com
Ripple breaks out of triangleRipple recently broke out of a triangle formation and breached through the 50 and 38% retracements along with long term support lines V and W.
We met resistance at diagonal line 0 and are currently building support at line W
I suspect we build some support between lines W, X and the 38% retracement, as we continue to test diagonal line 0 in zone 2
Ripple #Ripple possible chart 4h
Currently we are on last week close now this will happen for my opinion first xrp will retest 0.5 Fib and if dont lose this support we will see uptrend into mid week which is on 0.3460$ and we need a masive breakout here to go more Higher into the last Open Weekly zone which is 0.3716$
ripple 1 to 3 risk tradeI normally trade gold and catch bottoms. I don't expect anyone to believe me nor am I asking for anyone to. just using the same reasoning I have on gold on to ripple and seeing what happens. Do not copy check for yourself and see if this trade makes sense to you. apply money management always. I am not a professional and I shall never say I am.
RippleRipple is a safer store of value than any of the other currencies in my opinion , and it is also still possible to make MONEY buying it. With predictions , mostly likely baseless, of bitcoin hitting 1k , being a "serial killer" etc., it could not have garnered more bad press. When the market dumped, Ripple did not. That MEANS something. That it is here to stay. That it can still generate profit. That it has existing and future use cases. .5 for ripple in near future, imho. Don't miss out.
As always , with opinions, I am sharing an opinion and this is not professional advice, but the signals are there. Dont do the weekend sell-off; instead, lets see what can be salvaged from the otherwise failing crypto market.
Caveat emptor.






















