XRPUSD pulled back from the highs after a round of profit taking began across most cryptos with bids covering. The dips here in XRPUSD are likely to be shallow amid worries about missing the reflationary bounce, USD devaluation and search for yield. Expecting investors to continue building bullish XRP positions and putting hedges as we approach the highs in the...
The weekend of January 25-26 started with another drop on Saturday for the "ripple". The XRP token fell down to $0.218 in its fourth straight losing session. On Sunday, January 26 the coin skyrocketed to $0.23 in one of its best sessions for the last two weeks. It successfully rebounded from the $0.215 support line and returned to the $0.23 -$0.25 zone, which we...
I just wrote a RED ALERT post about the Bitcoin breakout above the top of its parallel trading channel. This is a positive move that I expected, but I did NOT expect it to power through the top of the descending trading channel rooftop. It could be indicative of a market reversal, OR it could be a head fake that breaks the hearts of many if the move loses steam. I...
The Ripple company token XRP moved up to $0.197 on Sunday, December 22 and ended the week 8.7 percent lower compared to the previous trading period. It opened the new trading session on Monday with a heavy loss, which resulted in a 4 percent decline to $0.189. The cryptocurrency was not able to break above the downtrend channel by escaping the $0.20 -$0.19...
On Thursday, December 19, we could not see a continuation of the good performance by the XRP and the coin once again corrected its price, this time to $0.187. The last day of the workweek brought another positive session for buyers as neither they nor bears were able to establish a trend. The XRP/USD pair closed at $0.194, right in the middle of the $0.20 -$0.19...
IS XRP the new bitcoin? Bitcoin, forming head and shoulders and repeating it´s old pattern, makes me think that there will be some kind of transition. When bitcoin goes down, and then do it´s last significant pump, it will take xrp with it to form the cup. when bitcoin fails to go furhter, it will drag xrp with it somewhat to form the handle of the cup. From...
If you guys saw out series of Bitcoin price reports last week, we outlined numerous times how BTC was approaching the most important support zone in 5 years in our opinion. You can see our full analysis here which outlines why Bitcoin could be soon triggering a long-term bearish indicator. If this were to happen, we would be looking for an XRP rally. XRP has...
XRP - IF XRP can stay above .24 - XRP can move to .265 and .273
BINANCE:XRPBTC Just a quick one. Xrp/btc is probably about the best bet for big gains in the near future, we are in the bullish terrotory on the rsi and i have a strong suspicion that btc will make alot of quick rallies that dont hold while it tries to bottom out on this retrace. So I am staying away from it at the moment. But i will expect rallies from XRP to...
XRP has hit a 9 on the weekly - On a Tom Denmark counter a 9 on the weekly is a possible 1 to 4 week move up. The setup trend line also indicates XRP can hit .44 and possibly .50 Hence any downwards movements on XRP as in the chart below have to be fakeouts ( at least until XRP hits a minimum of .44)
Let me walk you through this. Xrp is a scam sell your bags. I like scams. Especially scams on an international level of magnitude. OH YEAH I WANT TO F*UCKING PUMP THIS SCAM . Let's get some big names in here like Moneygram. Yeah We will pay off moneygram to further the scam. You see we are going where no scam has gone before. U.S. congress. YOU FUCKING HEARD...
XRP didn't see much follow through on the Engulfing candle (that followed grandpa BTC's Engulfing yesterday). Now we're looking towards holding 31 Cents as 4H higher Lows. If the bulls cannot manage to do so, we will have the potential to correct towards the previous potential H&S zone at 30 Cents psychological, either to the right shoulder, or even up to the...
RIPPLE closing in few hours Q2 2019 and will start selling/release 1billion XRP on market and institutional investors. Even Q2 was with some moneygram and thailand based banks a great time for ripple as company but not for xrp holder. Pressure for selling will be now more than last 6 months and it can not growth much more, while btc turned bullish and will stay...
Contrary to some uber ripple shills, I personally don't really like ripple. It's centralized, and stands for everything which I basically don't like. However, I can't deny the brutal pumping potential behind this coin. In the past, it always was one of the best performing coins. However, I am pretty convinved that it will NOT pump in 2019. 2019 is accumulation...
According to this bearish descending triangle xrp has shown us for a while that it's destined to fall from a cliff in bitcoin valuation, and now i see that the price has actually broke down through that support recently! if the price comes back up to retest that line and actually rolls over at that spot and starts falling back down again then that might be the...
XRP has trouble breaking that 34-35 cent resistance. I don't expect any price action but continuation of the current range, with possible cup and handle forming long term. After so much good (and some bad) news XRP price seems intact. Some might see strength in that but I see also a weakness in xrp market to react to so much positive news. News: Coinbase added...
I'm a bit under the weather - was going to do a video update, but thought better of it, since I'd be coughing all over the place. Crypto Zombie mentioned my "double bubble" chart in his most recent video, which cheered me up a bit :) It's nice that after many months of analyzing this market, some people are beginning to appreciate the hard work I've put into it. I...
01. XRP did a parabolic rise in December 2017 and now it declined long time. 02. You may noticed that it touches 0.768 and then bounces, slightly above 0.681 before bouncing down again. This market structure looks like it's in accumulation. 03. However, the market has "chart memory" so it's very possible that the coin can do a parabolic bounce when it touches...