During the weekend will might see nothing spectacular. We should get not much support through BTC COINBASE:BTCUSD . Arround monday (Swell) we’ll see next potential gainings, more facts and we could see another 60-70% during the next week. For that we have to see way more volume and momentum.
XRP is holding its conference from the 30th to October 2nd. Price looks quite good for another rally as it is testing resistance many times.
Looking at price action during the last conference, we can see price dropped 18% right after. While XRP may not drop that much, it is a good move to short the actual event as most times price drops after the hype ends.
Last...
On a logarithmic scale XRP has been trading between 2 channels in the past years. If all pieces fall in to place (Xrapid and major banks adoption in production) then there is a chance that by the end of 2018 the price might hit the upper limit of channel 1 which is 17 $ or the upper limit of channel 2 which is 40 $, or trade somewhere in between 17$-40$.
We...
The price can make a retest of Key sell zone $0.6
Also, there was a powerful move up on Asia session (1-st Wave). In 90% cases exchange rate make 2 wave moves.
That's why I think there can be up move to $0.6
You will have low risk if you open a position
a long near: $0.5
S/L: $0.48
T/P: $059
Do you think as me, that XRP will move Up? Write it in comments...
What a interested week for CryptoTwitter. After 9 months of bear market, today Binance got 50k BTC trading volume from only XRPBTC alone. Everyone in CryptoTwitter predicting the alts bull cycle will began with $XRP rally or maybe the profits will be poured into other alts. So will it happen? We will checkout in upcoming weeks.
Basically the chart shows there are...
XRPUSD is approaching our first support at 0.5228 (horizontal pullback support, 50% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.7555 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure in line...
XRP is retesting resistance, and there is a small chance it breaks through.
Therefore, we may short:
Short
9000-9400 satoshi (highest price you can get)
Stop loss:
9425 satoshi
Take profit
7300 satoshi (will likely not be hit, but we trail our profits so we can lock in gains and move on)
I will be shorting when the price is 2% away from my stop loss to...
I could write about all the good news that has been coming out for XRP and ripple, i could write about all the problems that XRP not only has the potential but is solving.
But instead i will leave it purely technical. If you're an elliotician, you will understand the graph, but i will post a high res pic as well incase it doesnt show everything in the window...
XRP has not displayed a topping pattern yet, and due to the three rising methods, we have a 70% chance of breaking up. However, taking into account that we need to manage our risk, going short is the better option.
Using basic market theory, when all the buyers have longed, price drops. So far we have realized that there is still support for XRP at this level,...
BITFINEX:XRPUSDSHORTS
Simple Simple Simple Short Squeeze on XRPUSD on BTFNX has caused this. masking it all with HYPE with news on XRP and Ripple.
Half of bears already squeezed out. I think this is master-play from XRP and Ripple's insiders. they just wanted to shake off bears so released news and pumped like hell.
XRP is not Ripple. When ever we hear about...
This seems unlikely given the spike we just had, but is certainly plausible.
There is bullish sentiment in crypto, and XRP is a cheap 'major' coin.
And of course, we all know it has its own bubble phases, about 2 a year.
So maybe it is due for another bi-annual bubble, and this could be the start of it?
Unlikely as it may seem, if it starts to behave in this...
As XRP grew over 95% over the last two days, we see XRP pullback and stabilise around $0.56 like stated in my last review. Ma's have crossed over so we could see more of a run towards $0.60.
Hi All,
It's all in the chart: XRP Moon Action
XRP: Cross bullish territory, becareful people this could be a trap.
I'm not sure what catalyst is pushing XRP to make this type of gains.
Hence, I'm staying on the side line awaiting for a pullback, don't fomo people.
Remember a good rule of thumb, what goes up must come down.
Be sure to follow me and like this...
