XRP prefers a downtrend already second year in a row. We are on the upward support and inside the upward channel, but is it feels like a confident buy? I think it's not.
Judging by the TA, we can compare the chart with Bitcoin in November 2018. Remember that? We have an upward local support, horizontal levels drawn by this and previous year lows and the support...
Hi Traders, I know its been a while since my last post. The crypto market has been accumulating until now. This is an addition to my last XRP post, where I told all of you that it'd just sit still and accumulate.
The top 3 coins all broke out of their local downtrend earlier this morning. Now this doesn't mean we are going to take flight to the moon right away,...
Did you hear the Wisdom of the crowd ?
The classic wisdom-of-the-crowds finding involves point estimation of a continuous quantity. At a 1906 country fair in Plymouth, 800 people participated in a contest to estimate the weight of a slaughtered and dressed ox. Statistician Francis Galton observed that the median guess, 1207 pounds, was accurate within 1% of the...
I'm seeing analysis pointing at $500 for XRP/USD. Maybe we should look at the chart for a starter? ;) And compare, how XRP has been doing compared to the other Alts. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get...
The price is near Resistance Zone again.
It's a signal for short term Sell near this Zone
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XRP attempted to break this flag formation twice with no conviction. The result was a breakdown of the range bound trading and a move to the 200 EMA on the 15 minute chart and perhaps final support point of this down-sloping channel. We will need to reverse back up strong if the long awaited $0.27 target will ever be seen. If the Flag fails will should see price...
It is looking more and more like the B wave in this last structure is complete and we are actually starting a slower impulse to the 0.293 / 0.299 range. Look to enter this trade with a very good R:R.
Further analysis will be required once we get to that point to see whether or not we are going to continue upwards or fall down again!
I believe lots of things happened since last year and it is time to provide you an update about XRP!
I have been working really hard to improve my skills and will try to share the most of it through this analysis.
Most of Crypto Traders (CT) believe that XRP is in capitulation and has not finished its downtrend cycle as new lows have been found in...
Here's a completely different angle on XRP. This should clear things up for those still on the fence.
Lines were connected (& support levels determined) using the line-chart (averaged) on the monthly and weekly for higher precision.
Hello guys , hope yall doing well.
So XRP as we see on the chart we broke a major support than been hold for very long time now. Im waiting price to come and retest the box/support zone and to continue to the downside, excepting 0.15 cent for XRP
With the formation of bullish gartley pattern which I have published in my previous below idea:
The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah.
Never in 2019, breaking yearly low was so close on Aug 14th and 28th. August has gone with Ripple so under-performing. However, Ripple has raised from the dead and showed tremendous accumulation around this zone. What happens next?
Ripple has tested yearly low with heavy accumulation around 23 - 25 cents mark. Price action ever since continues...