The structure says that we will see a another upside impulsive move in BITSTAMP:XRPUSD . What do you Think ?
- Falling Wedge break should bring us to 1.65 cts eventually. - On 2h chart, we have a good Hidden Bullish Divergence that tells us that Ripple should go to the 1.30 for the 2nd of March or earlier. - Right now, the price has fallen down because a Bearish divergence was materializing. We should be done with that soon.. Let's keep an eye on the Stoch as a signal...
Not sure this is a huge channel or I stumbled onto something so perfect it just might work. After drawing a fib expansion and the retracement. I noticed the ripple market is actually in a huge ABCD pattern and we just finished A & B if all plays well we should hit $2.00 before March 1st see a slight pull back then head the $3.70 zone. This is such a weird find....
The downtrend in Ripple (XRP) that started on Jan. 4 2017 at a price high of $3.31 to $0.59 on Feb 6 2017 can be described as a 3 wave (WXY) Elliott wave pattern. This implies that a move back up from the end of wave x (in red color) will either be a 3 wave move back up or the start of an impulsive move (pointing to an uptrend). Either way, both scenarios argue...
XRP made a high of $3.31 on Jan 4 2018 after which it sold off with price appearing to bottom on Feb 6 2018 at a price of $0.59. The downtrend line is marked on the chart to show the bear move between the prices mentioned above. A curve has been used on this chart as well to show the bottom action of price in Ripple (XRP). It appears to be a complex, inverted...
Possible inverted head and shoulder forming in 15 mins chart but only confirmation with high volume. Trade with care and risk management
XRP FORMING A CUP AND HANDLE PATTERN VERY SIMILAR PATTERN IN CRYPTO IF YOU PLAY THESE WAVES CORRECT YOU CAN SEE MOSTER GAINS!!!
If we're looking what happened in the past... at this moment this correction looks identical to the first part of the correction after May 2017 ... If we have to look everything in perspective, then the correction should even take longer than the previous one ! Hopefully not, because at that time crypto was quite unknown, and with the exponential speed of money...
clearly breaking out cup and handle formation
Trading suggestion: Price is in the support zone (1.8500 to 1.3900), traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. .Beginning of entry zone (1.85) .Ending of entry zone (1.39) Take Profit: TP1= @ 2.24 TP2= @ 2.73 TP3= @ 3.00 TP4= @ 3.51 TP5= @ Free Technical analysis: .Price is...
Not easy to predict this days the chart as big players get in and out all the time. But this is how looks from my side. $XRPBTC chart via www.tradingview.com
Ripple continues to test major support at 0.8224 (Fibonacci extension, Elliott wave structure, horizontal swing low support, bullish divergence) and a strong bounce could occur at this level to push price up to at least 1.1511 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 8.4% where a...
Weekly is still bearish and coming weeks will see XRP hit $0.4 area and then bounce back.