Ripple continues its drop and is seeing tremendous bearish pressure as it maintains its bearish channel formation. With continued bearish pressure, we see the first major level of resistance at 2.2225 (38.2% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance, channel resistance) and a further drop could occur below this level towards...
But the breakout of this harmonic triangle. Enjoy the profit and look to take it on Fibo channels' crosses or the extension of triangle. Trade responsibly.
No doubt Ripple is on the way up. Question is where to enter if you have missed entering at lows below $1. Its well possible to fall further to 1.20 and low as 0.82 But for me its one way and that's up from the FIB 786 :) Happy Trading
Last month no one would have thought XRPUSD would break $1.0, now its All Time High more than $3.2. I can't believe I am saying this, but there is a possibility it will go to $5 before it corrects to back to $4 - $3. Not an advice to buy of course!
Ripple Vs usd ( XRPUSD ) now trading at 1.4850 for long Term investment if any one wanna keep holding can buy 3 months target 5$ where 2018 end target is 12-15$ but Trade with minimum lot size
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
For the past two runs of ~70-100% gains, XRP has consolidated heavily on the 2hr chart as well as form a fairly consistent daily bull flag. These last couple days have seen us form a strict flag down from a last huge run up with the exception of the extremely long tails on the candles of the first 2 days... Which to me can be discarded from the huge drop in BTC...
Based on the last 2 pumps with good volume, we are right on schedule for the next break toward the 1.5 range before we reach 2018. Without any wild card fluctuation from btcusd, eventhough xrp usually stabilize and go back to its course regardless of any btc dive, xrp has managed to stay on top and bounce off the 200MA nicely and within the last 24 hours even...
XRP USD target at least 1.54 usd Likes and comments are welcome.
On Day chart price rested on the Bollinger Band Deviation 1 band and closed with a day green candle. Now the new day candle is climbing. How far up do you see it going?
Price is bouncing but it might need another bounce to break out towards the next 2 USD level.
BITSTAMP:XRPUSD With news of XRP being picked up by coinbase and the recent gains we might be able to break into a new structure higher. Key resistance to break higher will start at the .786 retracement of 1.21. If we can break that we will have to see where our first pullback is. Ultimately our long term forecast is $2.45, then $3.12, and shortly after $3.55. I...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please Like & Comment if you agree with this setup and would like to see more Crypto setups from me.
We see a very popular bullish pennant. Target is based on size relative to uptrend, which is generally synonymous to breakout. We will wait for a breakout of pennant resistance to the upside and use that as bullish confirmation to enter trade as we do not mind missing 5-10% gain to lower risk greatly. There has been news of Coinbase listing XRP, and seeing...
After making a huge run the last few days Ripple is now consolidating and forming a pennant pattern. For anyone looking to buy, I would wait for a breakout to the upside.
XRP has been on a great road but a reversal is coming up. We are not sure if it will be a major or minor one. Good luck
I already have quite a bit invested in XRP so maybe this is more out of hope than anything else.