XRP MID-WEEK ROUND UP
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Since our last breakdown XRP saw a rejection from just below 0.41$. Initially, I had stated to priority members and also, VIP members to long from 0.33$ to 0.43$ and here we would see a major ceiling, which would knock us back down to 0.30$.
Now, what ...
XRPUSD reversed off our first resistance at 0.3359 (61.8% Fibonacci extension , 23.6% Fibonacci retracement, horizontal overlap resistance) where a strong reversal might occur below this level pushing price to our major support at 0.2523 (61.8% fibonacci extension, horizontal swing low support).
RSI (21) is also approaching resistance and we might see a ...
So I had this correction on my radar for over a month and a half now, looks like it's about to finish.
Not only this analysis supports the massive up move that XRP is going to get but also Coinbase listing is bound to happen very soon.
Short-term we could see $0.25 / $0.20
Medium-term target: ~$0.80
Long-term target: ~$3.00
I will keep updating.
Coinone Transfer, which is a subsidiary of crypto exchange Coinone, has launched a mobile payments platform that uses Ripple’s xCurrent cross-border payments system to expedite transfers and cut back on fees.
The new platform is called Cross and is one of the first to be released after a recent change in South Korean remittance laws, which allows non-banking ...
XRP has drifted lower recently after holding up extremely well in the market collapse
We have fallen near $0.29 and are approaching a demand zone
This has been a strong support OB in the past and we can expect to see a similar reaction
If we do get a bounce, we could see a retest of supply above after some consolidation at this bounce zone
If we get a flush ...
After 16 days of lower lows, XRP prices are steadying, gaining in the last day and just 1.4 percent down from last week’s close. Though this is overly positive for investors –because it confirms our previous XRP/USD trade plan, we need to see spike in participation.
From candlestick arrangement we shall recommend bulls once there is a clear break and close above ...
As the recent fall in bitcoin is supposed to be a phase. We could still see more down side to this major downtrend! We can see a Push down triangle forming to maybe push out the bitcoin past the support for a LL. Be careful of the breakout as the bears legs are weakening one after the other giving the momentum to the bulls! Lets see how this one ...
I'd like to see XRP above our entry area from earlier in the week. It showed the start of a strong move lower.
This lines up with roughly 50% of the last leg down and previous areas of accumulation.
Would be playing the bounce back to the red resistance, once it becomes support.
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REASONS TO GO LONG:
MY Bias is long for this pair Because of the stop raid made today of the lows made on the 9th
My Set Up;
Just look at my chart and see my breaker order block and low of the day. First is the break of the breaker then a sweep of the lows then it hit the order block that was yur first entry, your second entry would ethier be retracement to the ...
Colored columns signal trade direction
Entered trade at close of breakout candle
Closed trade at close of yellow column candle
PM me if you have any questions about our Big 3 Trading Strategy Indicator
Expected trend for today: Bearish
Ripple price fluctuates around 0.30 level, and it continues to crawl calmly downwards, on its way to visit our main waited target at 0.24, supported by stochastic and the EMA50 negativity.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 0.42 level and holding above it.
Its been a while since I last posted a chart. The continued decline consistently defied my analysis, so I decided I would wait to post another chart until I dumped some more cash into it, which I have at $0.31.
Originally I was looking for $0.25 as that would have been the 0.618 extension from the previous 3-4 wave... but it appears to have stopped at the 0.50 ...
Recently American Express tested Ripple’s xCurrent solution for cross-border payments and happy with the results. General managment of American Express admitted that the technology could speed up the international payments. American Express bets on the potential of blockchain technology and invests heavily in fintech research and development. Im more likely to ...