rickygakl

rickygakl

Looking at the day charts we can see XRP has failed to make a move and its down trend has started, good time to pick up @ 0.75

rickygakl

Looking at the day charts, BTC has failed to make the inverse triangle, no bounce. Goin down slowley in a narrow range.

rickygakl

In the crypto world I know its tempting to look at the 1min charts and 1 hours charts. But for one moment if we zoom out, we can the classic triangle (head and shoulders) forming, as the old saying going what goes up fast must come down (aka correction). we can see that the treand is heading towards 0.3, after which it should bounce back. So I am going with...

rickygakl

Looking at the past few days we can that ripple has been following a triangular patterns with in a 15% range. Looks like we going down to a bottom out of 0.76 - 0.79 and then a bounce back to 0.95, so a good time to pick up once it goes into the low 80's or high 70's.

rickygakl

Hard landing for XRP, as predicted by my previous chats we've been going down. I belive we will be back at $0.42 where there is some support, after that back to $0.27 for a few months of side ways trading. Best time to hold cash and wait.

rickygakl

Looking at the charts over the last few days we can clearly see the down tread pattern for XRP. It look like it will touch the 0.9 tonight.

rickygakl

Looking at the 1Day and the 4 hours charts we can see that Ripple has been trading in a narrow margin the last few days, so I am thinking it will go down to a low of 1.16 before bouncing back up. If you followed my previous analysis you would have sold off at 1.38 so anything in the 1.1xx will be a good point to enter in again.

rickygakl

Based on the narrow trading range that XRP has been trading in the past, it looks like XRP could head to a high of 1.39 and low of 1.29 in the next 8 hours.

rickygakl

If you followed my previous charts you would have picked up XRP at 1.20 and sold at 1.30. Now another oppurtunity is coming up, this time the price trarget is 0.95, after aquiring you can sell on the bounce. This target is approching fast!

rickygakl

Ripple is coming down nicely again, target price of 1.20 to pick up. If you look at the volume graph on Bitstamp you can see a lot of traders parked up their orders at around the 1.20 mark. A good oppurtunity to short.

rickygakl

XRP is making a move, watch for the break out price zone, if it crosses that line then it is likely to hit a of 1.47 if it doesnt then it is likely to slip to 1.26

rickygakl

Another opportunity to short XRP is coming up with a target bottom out price of 1.17, will need to wait for an hour and a half to get that.

rickygakl

XRP has been trading in a narrow range over the past few days. You can see from the one day chart its most likely in the next 12 hours to trade in the tight band between 1.24 and 0.95. If you manage to get a buy order in around the high .90's then you have done well.