Continuation of the same discussion monitoring XRP as it transitions from what I believe to be a bearish market to a bullish one, referencing the same pattern that played out in 2017.
Ultimately I believe we'll see .30 before the end of the month, which will provide a strong support for buyers to re-enter the market. I'm short term bearish, long term very bullish.
Positive developments keep being announced by Ripple, yet somehow they are not reflected on XRP’s charts. The latest announcement is that in a matter of weeks, Euro Exim Bank is set to begin using XRP-based xRapid for cross-border payments. The technology will be fully integrated and the bank plans to use XRP for payments across 80 countries.
Many of Ripple’s ...
On the hourly chart, the price has finished the 5 wave cycle in more higher wave C (H4 chart), and it seems to start a new 12345 cycle with strong impulse. Going long from 50% Fibo correction level using SL, TP levels marked on the chart.
As usual with most cryptos, we get blown up and deflated soon thereafter. As you may know, XRP is one of my favorites and any chance we can pull back to new lower lows, I am always looking to hold more.
Outlook: Neutral -- We are range trading waiting for something to happen that will drive XRP to $.50. I noted support at the .786 fib level. The pull-back is ...
XRPUSD breakout down the range, but then came instantly back.
It didn't retest and break upside trendline.
Now its coming back to retest trendline, structure and seeing 61.8 Fib Price reversal zone.
We are aiming target of previous big Daily box range and -0-27 fib target zone.
Good luck everyone. Don't forget to trade carefuly
XRPUSD bounced off its support at 0.3195 (61.8% fibonacci extension, 78.6% fibonacci retracement, horizontal overlap support) where a potential further rise might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further ...
If many of you expected Jan 7 to be a breakout for XRP then u have learned that not all fractal events meant to be a BUY they also indicate a SELL.
We are in a final stages of decoupling this symmetrical triangle. I have provided as many possible price projections as i think reasonable.
XRP does not have to do much now actually, just stay above 30c and we are ...
XRP starts to recover after hitting a USD0.3112 low. Ripple is expected to hit the USD0.3500 resistance if it closes above USD0.3360. The XRP/USD is currently settling at the USD0.3280 mark.
Ripple prices have recovered well against the US dollar and Bitcoin in the last few hours. XRP / USD may target a resistance of $ 0.3500 if $ 0.3360 and $ 0.3400 are broken.
Ripple appears to be an upcoming earthquake in the market with Bull Run, I do not rule out withdrawing all liquidity from the market, even from Bitcoin himself, As we said before XRP completely different from any coin in the market, The Chart Daily shows that he is walking slowly like a turtle to give a negative impression but in fact it seems that it ...
XRP currently moving in a falling wedge and needs to move past .35 .
XRP faces very strong resistance at .36 which was the last strong support .
If XRP cam move past .36 it can head to .38 and take another shot at .41
XRP se caracteriza por ser una criptomoneda bastante estable. Es la única con mínimos crecientes del criptomercado, además de estar más separada del movimiento que realice BTC.
Ahora que está cerca de tocar su zona de soporte (mínimo creciente) podría desarollar un patrón de impulso alcista basado en las Ondas de Elliot.