XRP/BTC has been on fire lately as we all know...
Coinbase spit in the faces of Ripple owners earlier confirming XRP will not be added to Coinbase on January 8th making the market turn bearish...
XRP is currently hitting on the new support line, which use to be the old resistance line.
We shall see how this plays out.
Risk: Low
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After our great profits with XRP, ETH will break...
Based on Supply/Demand Zones, these are the 3 most likely areas of consolidation or rejection for XRP/BTC. Probably a consolidation at the first level then a rise into solid rejection at later levels as either Bitcoin resumes an uptrend or Ripple cools and sells off a bit. Ripple being unlimited fundamentally versus Bitcoins limited supply will possibly help...
XRP was in consolidation phase where it broke down when BTC started to fall, but seems like it's recovering now and potentially going higher.
Waiting for it to close above 0.755$ fib line or for higher volume to open a long position.
Targets at 0.89 and 1.31.
Here we have the last to roll over Red I.M.O. Ripple, XRP is notorious for giving back what it gives. I'm ready to take advantage of its history of patterns. Set your stops. And lets ride. xxwhitevaderxx
That is my first analysis im doing . Hope you enjoy it . In my opinion xrp is going to explode in a mid term , then will go up trend another time . i suggest to hold or buy under 3800 satoshi .
if 4150-4200 is broken , it will probably go up for a little time . Then the 4150-4200 line can be a support line . Hope you enjoy , i did this analyze on long and short...
XRP is in a position to breakout - however, the question of which way remains unanswered. The price has yet to break the symmetrical triangle pattern.
We have not seen the MACD crossover yet. RSI is neutral, neither showing an overbought or oversold position. How would I trade this if I weren't in already? See below:
Once we see MACD crossover (blue line cross...
XRP is pricing high from yesterday and after broke the down channel is entered in an expansive channel
Also the cross with USD --> XRPUSD is in growing position ( see related idea )
New higher prices soon
Daily Market Pressure confirm the trend
For a complete list of free Market pressure visit my twitter profile
XRP market pressure is positive on every timeframes
BTC his touching their hight ready to dip
For a free list of Daily Market Pressure visit my twitter profile
