So I'm a longtime hodler of XRP so right off the bat you can consider my opinion biased. However, with that being said I am usually biased towards the downside because I never sell and then I wish I had and I am a negative nancy by default. But alas, I actually think we should be breaking to the upside. So just a real quick run down of my thoughts that should...
I think we need to let the news regarding crypto regulations stabilize for the general population and more importantly for the corps to get "amped" about crypto in general. We'll probably hover around 1.00 to maybe 1.30 for a while. Keep in mind, this recent pullback from ~3.80-4.00 really killed it for a lot of new investors, and is still fresh in a lot of...
TA
-Bullish divergeance, when extended line on price you see a perfect trendline
-Price above MA100 as strong support
-RSI reset and primed
-MACD reset and primed
moon? i think so. ATH in may or before.
FA
-SBI exchange in japan, XRP only at launch, trading pairs with XRP
-Partnerships for XRAPID use (xrapid uses XRP but is in beta testing right now)
-Current...
My idea show ripple very possible to cross 1.15 in hours, if something happen with market maybe will go down to 0.8~
so for now the very possible is 1.15 , i will positive now . this is update for ripple till now.
This is an update for my previous idea about ripple, a very possible to go back to ~0.8 0.9 . today or tomorrow . 0.8 or 0.9 will be the support line for us to raise to 1.3 and more .
XRP is compelling in this area, but if $0.54-$0.56 area doesn't hold then we will revisit the $0.2226-$0.39887 range. Let's see if the 200 DAY and 30 WEEK SMA's can hold. That will tell us all we need to know for the short term...
For the LT I look at XRP as an OPEN ENDED CALL OPTION on the IoV. Stable company, good management team in place, let's see...
Technical analysis:
.RIPPLE/USD is in a down trend But beginning of Up trend is expected.
.In D1-chart and H4-chart the downtrend was broken and "Bullish Exit" is occurred.
.Price is In the Bollinger Bands buy zone and below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.The D1-RSI is around 37 and above a support level...
My idea show XRP broke the line and he can reach 1.3 or 1.1 .
maybe its a fake pump but who know ...so XRP can go down to 0.75 and this is a very possible variant
I'll be Shorting XRP from .99 cents to a possible .73 or lower.
Same pattern has formed as previously and hitting resistance lines and downward trend line right now.
Please share any ideas you have in the comments.
EMA 20/50 cross and critical daily close level. Prepare for more bearish behavior if the cross happens and support breaks. First support would be lower D1 but don't be surprised if it goes down to W1. Support after that would be swing low of first impulse up of the previous month A.K.A around the 0.6$ level.
If we do bounce, first target would be around upper D1...
As most of you would know, the Crypto Market has recently undergone a major correction since the initial boom back in early/mid December. KRAKEN:XRPUSD was no exception to this correction as it fell from $3.30 to the current price of ~$1.30 around a -60% swing. Now that the correction is currently establishing a solid floor, whats next?
LONG: Currently XRP has...
