It appears that XRP is about to do a nice move up very soon.
- Starting a wave 3 very soon and will test previous High before leg down, wave 4 and skyrocket again to a new all time High
- It might go back to test support again before Wave 3
- Trend line looks great
- Disclaimer: This could not be wave 3 but the start of Wave 1, meaning after a small move up it...
Some pattern occurring that will repeat. Alot of money came in to the Ripple Market. Good contractes where made. After the consolidation the uptrend will go on.
Let me know what you think!
It's hard to tell XRP will be go up or down.
as i made this analysis volume is getting higher and higher.
Note : Remember Stellar give away it's on june 27 this month. it will surely effect the market of XRP
Feel free to comment.
An update for the XRP situation.
There is BB squeeze and multiple stoch RSI signals that and inversion trend is imminent.
Expecting a sharp rise soon as we are reaching the converging ends of the wedge
XRP/BTC is getting ready to leave the triangle that we have been trading in for the last month. MACD is giving the buying signal. I will open a long position on Ripple XRP/BTC here.
LTCBTC has been frontrunning XRPBTC last couple months (Green indicators lead the pink)... ltc spiking now... will ripple to follow suit?
If btc breaks out xrpbtc could make a move back towards its 100dma (pink line)
Ripple has surged and retraced in the past weeks and ltc ratio has been continually hammered down until todays breakout.
Lets see if we can hit the 23% retracement
NB: btc and ltc ratio are both moving up together right now
I just see opportunity to buy XRPBTC
now XRPBTC is finding support line which is not clear yet
it probability coming down near to my arrow then it will move
This time due to quite a drop from 11400 we cannot conclude that it is a success positive trend move
but we can assure to get some profit out of this trade
the profit target is set
Enjoy trading
If you...
If you confused why the title like that, just read my ideas 2 days ago :)
As you can see, XRP give me big surprise today , suddenly after "die" for more than 1 month i can see there is exciting movement today. and maybe *just maybe) it will go inside long term triangle (range price 0.000119-0.00012). IF they choose to go inside that narrowing triangle , it will...
