First of all, i would like congrats all who follow my last idea. Everything was perfect. Price started vertical movement up, then retraced and we had a chance to reenter on the cheapest price.
The idea of the last chart you may found connected.
If you follow twitter, Facebook, or website, you may find more information that is not published in this trading view....
Wherever your affections lie within the bitcoin vs xrp family feud... the chart lets us analyse the situation objectively...
RSI is emerging from oversold territory, suggesting positive momentum.
MACD is clearly pushing up towards the zero level.
2 monthly candles back was a downside rejection candle (long wick) and now we have 2 strong green candles.
XRP/BTC - from the LS MASTER TRADING SYSTEM channel.
XRP looks like a decent entry here to us.
It can go lower, but still seems a nice well discounted place where to take a bag.
Possible take profits are in red in the chart.
Good Luck! :)
Looks like XRP is going to consolidate for a little while and try to break through these next critical levels. the high vol nodes are up to .38c and then the smaller node is .51c after that it is pretty much open air and XRP bears will get slaughtered.
-strong bounce at the lower trendline of support
-it is likely playing inside a bullish reversal pattern
-the only way to confirm this setup if we can see a break to the upside
-closing above the descending trendline will signal buyers to enter
-this setup is ideal for mid-long term view
-as the candles are defined by weekly size
-some bullish sign is the...
I would like to see it break from the descending channel and test higher fib levels. There is a chance of a large move down based on impulse / correction waves. For now, the whole market is trending up and BTC stagnating around its level/ going up would bring more confidence in alts.
XLM exploded nicely and knowing XRP is its big brother, we could expect a move...
If you read ideas about how right now will start a mega bull run on XRP BTC, and you believe in it- u are an idiot.
We have touched and slightly bounced for a channel that was drawn a year ago.
From that last low channel start, we lost more than 30 percent worth of XRP BTC.
Will it bounce right now, yes, for a short time. Will it start a new bull run.
XRPBTC has been getting shattered for over a year now.
This chart is the most similar thing i have seen yet.
This current consolidation is only found ONCE on the entire XRPBTC chart. I have shown the last time it did this and the result was a 6000% surge.
This should breakout very soon.
Time is REALLY ticking...
Lets GO XRP!!!
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Clear divergences showing on the Daily chart, XRP long overdue for a pump, price has been declining for a while now while the market is pumping.
Good opportunity to Long XRPBTC, keep stop loss tight, high risk/reward ratio.
Suggested trade (Conservative option): buy as soon as price bounces upward, first green daily candle, Stop loss at previous day's low....
Since XRP’s rally in Dec 2017, white vertical line indicates that rally’s start, XRP has undergone a massive Wyckoff distribution, red lines used to indicate the typical distribution pattern, and it has undergone Wyckoff accumulation, as similarly indicated by green lines.
No price target. Historically, alt coin rallies are short lived and intense rallies. A...
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Something is cooking in ripple coin
I am watching some positivity in xrp.
Current price 2140
❌❌ Bitcoin price must remain sideways for nice boom in xrp coin.