Each Bull run happened after a consolidation phase which happened in the form of a triangle. We have waited a long time inside the triangle. I think its slowly breaking to the upside. Once we have a clear break. I think the next stop is around 15$ to 20$. We are entering the adoption phase. Things are gong to be NUTS!
I made a call that I was long .380xxx yesterday 05/17
I wanted to update everyone that I am still long. Please see my chart analysis, and let me know what you think. I have a target of .70xxx within the next 2-3 weeks. I can throw up a few more charts if people would like.
Please trade at your own risk. Know your exits.
Have a great weekend.
So here's a relatively realistic way for XRP's price to balloon over the next month to just over $10.
Basically what I'm showing, is that if XRP runs back up over a dollar. The mania that kind of run up could generate could easily cause dramatically overbought conditions in what would be the 5th Elliot wave of this bullrun.
With all the videos circulating...
Here is an idea about what has happened so far and where we may be going. This is a short term trend as the analysis is made on the four hour chart!
The first Elliot Wave pattern has completed along with the ABC correction. It is very possible that we are now in the first wave move of another Elliot Wave? The volumes are picking up but we will need to see more in...
XRP has been steadily working its way back up the Fib staircase.
It has now reached the Impulse Zone that Tether FUD had brought.
The Impulse Core (.382-.618) will have the most focused selling.
The Outer Moat was the 1.618 from last wave up.
The Outer Gate is the fib 1.0, bottom of Impulse.
The Impulse Exit is the fib 0.0, start of Impulse.
Breach of Impulse...
Whelp I went back and broke down every single movement in XRP using FIBs since the start of it's 2017 bull run.
I'm more confident than ever XRP is locked and loaded and ready to test the $1 and then $3 price points by June 17th.
Perhaps BearableGuy's talk about Monsoons was more than just clever word play.
Maybe he's aware of something that's going to happen in...
Hello dear crypto friends, hope you're doing well guys! ;) The weather is beautiful again in Munich.
The bulls are currently still extremely strong in crypto space giving amazing opportunity to play this market. We're specifically gonna be looking at grandpa BTC & XRP, also showing the current stage with ETH and LTC. Have fun watching! ;)
If you had some value...
- XRP has not been moving much although we are seeing money flowing into crypto space
- Based on Wyckoff Market Analysis: accumulation
- We are reaching Phase D and will be testing the high of Phase B
- Phase E is the markup stage to push the price higher
The RIPPLE "XRPUSD" daily chart above shows that the rally that started August 2018 from the major low at $0.24694 area took the shape of Elliot Wave five-wave impulse structure labeled (1)-(5). According to Elliot Wave theory, a three-wave correction in the opposite direction follows every impulsive move.
In Ripple's case, the corrective wave...
The price of XRP\USD has touched the 50MA on the four hour chart and held that level. On the Fibonacci Retracement indicator we can see the price had also touched the 0.618 zone and did not breach it. With some room left for the RSI to move lower in to the oversold area we may see a further decline but personally I have taken some long positions in this zone. I...
Very clear levels here with very tight stop
Not a home run i like the levels and the liquidity.
IMO market looks like were due for further cool off.
OR you could say we look heavy and sluggish
Breaking News will act as catalysts
Changes my status in Feb to what it is now and i remember being at work when the bottom was hit in December Hang ON there is a lot of...
I've been staring at the screen all day hoping for a positive sign and some indication that I wasn't a FOMO idiot today after winning on XRP and XLM a few days ago. can this be interpreted as a bullish flag or am I way off?