Hey! I am back with another Idea, this time looking again at Ripple, my favorite "cryptocurrency", even if you dont consider it as cryptocurrency its still just a good investment of money.
Many people are saying that Ripple token is unable to rise in value, well thats not true if you read enough about Ripple token usecase.
Just think about it for a while.
The ...
With real banks using RippleNet and R3 Corda to settle international and (in the case of Japan) national payments over the public XRP ledger using XRP this coin now has the most real world adoption of any crypto, and the most potential. Shorts at all time highs demonstrate price suppression. Now at the bottom of the long term channel the reversal is obvious and ...
With real banks using RippleNet and R3 Corda to settle international and (in the case of Japan) national payments over the public XRP ledger using XRP this coin now has the most real world adoption of any crypto, and the most potential. Shorts at all time highs demonstrate price suppression. Now at the bottom of the long term channel the reversal is obvious and ...
XRPUSD is approaching our first resistance at 0.4018 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.2523 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also approaching our resistance where we ...
Looking at Ripple's daily chart , it is looking strong. The price action is testing the upper boundary of its pennant (white) and is forming the right shoulder of an inverse head and shoulders pattern. I will be watching for the price to complete the right shoulder and break the neckline. This would be a very bullish sign and a big buy signal. I put up a FIb ...
https://www.tradingview.com/x/dvZ5gLT2/
if xrpusd crosses green line (1) it may rest at (30 degree) before flying to its destination..
other observations are drawn/texted in chart..
Be patient traders.. wait for a signal
BITFINEX:XRPUSD
https://www.tradingview.com/x/wmUu8Iae/
If somehow XRPUSDLONGS will keep the steam up XRP will moon
I'll be watching STOCH RSI to see if it cools of or drops
Hey, I am back with another Technical Analysis, this time looking again at the only cryptocurrency with real usecase, that is being adopted pretty fast.
Ripple, one of the few cryptocurrencies that are acting very stable even in such despair, unforgiving market.
My thoughts.
Ripple is acting very strong and stable, even if it doesnt look like it, because even ...
Ripple has had a surprising rally. However, it is starting to weaken and should slow soon. Keep in mind there could be a final rally but as long as you don't get liquidated by anything and hold this short for the next few months, you should be in great profit.
The last few XRP shorts made me over 40%. I will admit I tried to short near the 7000's a few weeks ago ...
XRPUSD is approaching our first resistance at 0.5498 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price down to our major support at 0.4576 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also ...
XRPUSD is approaching our first support at 0.4738 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.5718 (horizontal swing high resistance, 78.6% Fibonacci retracement).
RSI (34) is approaching our support where we might see a ...
Ripple showed signs of great bullishness in previous period as starting from 27 cents, made 80cents (which was fib based maximum started from that point).
Mathematicaly justified price of XRP at peak would be 64 cents, nor a cent more. (with presumption of uptrending from 27 cents after long consolidation-January).
However, we had enourmous buys of Ripple these ...
After a short break of the Support level of 0,30 Ripple is now back on it's way up. I expect a raise to 0,375 in the next few days. 0,375-0,38 Will be an import Resistance for Ripple to break.
Good luck trading and follow me for more of my analysis!
aas per previous, i was expecting to hit this
level, now will it break line down??????
i feel we might get some momentum back up
looking at the hitting around $.46 again.
what do you guys thinks?
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XRPUSD HAS BEEN PLAYING AROUND THIS
AREA FOR A WHILE. I AM EXPECTING IT TO
MOVE UP SOON.
AS PER MY BTCUSD UPDATE, ONCE THE MOVE UP
STARTS ON BTCUSD, I WOULD EXPECT THIS TO FOLLOW
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