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Xrpshort

XRPUSD (Ripple) 4hr tf analysisPrice swing from ~$1.08 (March 5,2018) to ~$0.55 on March 18, 2018 has been identified in this analysis as a minor wave 3. Minute wave ((y)) is currently on and its termination marks the end of minor wave 4. Minor wave 4 is shaping up so far as a zigzag (5-3-5) Elliott wave structure.A 38.2% retracement to 50% retracement (i.e. ~$0.75 and ~$0.82 respectively) of minor wave 3 is expected to offer resistance and terminate minor wave 4. Projections for minute wave ((y)) include 100% wave ((w)), and 161.8% wave ((w)). These termination points are $0.73 and $0.83 respectively, and therefore increase the chances of XRPUSD terminating between 38.2% retracement to 50% retracement. P.S. The use of "price swing" is used to indicate the direction of the trend (i.e. bearish in this case). Price swing is not imply an actionary or reactionary wave.
BITFINEX:XRPUSD
by Coin_Analyst
Ripple ,the new king is back XRR/BTC (just kidding)Ripple is showing simmilair fractal pattern as it did 8 months ago. People are buying the hype because they think it has potential to grow more than 10-20x eventhough that would put it way above Bitcoin total market capitalization. I used to be the same and I used to have huge position in XRP hoping it will jump very hard eventhough it was just as unrealistic then as it is now. Back then I didn't understand bull / bear cycles and it was hard for me to say that the coin is showing bearish signs. Right now, we can see that XRP honored the golden 61.8% retracement and bounced back from it, eventhough each of its bounce back made lower high. We can see that the volume is decreasing as the buyers are slowly fading away and letting this coin retrace to sub 5k satoshi area into our buying zone. Both EMA's and Ichimoku Clouds are also showing bearish signals so I think Ripple is going to have a very long and slow fall. Enjoy your day, bizi
Short
by bizi
8
Ripple awaiting judgment. XRP/BTCRipple has created bearish channel,. Overlaid Daily support and resistance levels+ Fibonacci+Gann Fan, drawing future projections on price-points, where have to play attention. Now price staing at 38% Fibo+Daily Pivot (was tested, and refused). Next 2 Support is surrounded 50% Fibo, and 50% level its serious area for break or reflect and back to Bullish trend. * 3/1 Gann line+38%Fibo+Daily Pivot- 3/1 become resistance. * 2/1 is next weak support line. if 50% will be breaked, 2/1 is next destinations,. *Pink middle channel line, now its support, and will be tested ASAP. After December rally of XRP, very hard to find good Bull trend line from pass. So all what can do its rely on Fibo+Gann+Daily Supp and Resist.
Short
by GeorgeVeritas
Ripple bounced perfectly as forecasted, prepare for bounce againRipple has bounced off our support perfectly as forecasted previously. We are seeing another potential upcoming bounce with major support at 1.2007 (Fibonacci retracement, horizontal overlap support) which could drive price up to previous resistance at 1.7564 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension). Stochastic (34,5,3) is seeing really strong support above 5.7% where a potential bounce could occur. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BITSTAMP:XRPUSDLong
by Tickmill
3
TAS - XRP/USD Trade Opportunity (Closed)The TradeAlertSystem (TAS) aims to pinpoit entry (Enter Trade Alert) and exit points (Exit Trade Alert) for long and short positions for short day/intraday trades based on a powerfull algorithm running on background and picking the best entry and exit zones for the trader. All the trader has to do is follow the email alerts the system sends, no more endless hours of looking at charts trying to guess entry or exit points. The system consists also on a smart money managment that consists on entering in a trade with 1/5 of the total intended trade money in the 1st Enter Alert and exit at 1st Exit Alert, and it's also designed to cut your losses providing 4 extra price corrections possibility (pyramiding / layering entry x 4), these corrections are only allowed after a 4 candle period on the 2h chart meaning: the 1st correction should be done only after 8hs or more related to the entry position (1st Enter Trade Alert) and should be only done on a new alert (>= 8h new blue bar), and so on. After 4 corrections a stop loss with 5% price value on the last correction price should be submitted. Back testing gives a extremely high level of accuracy on short term trades (day/intraday trades). This trade is close and was published to show how TAS works. The chart colors are all changed to reduce headaches, so green is blue and red is white. Entry price: 0.24117 with 1/5 of trade money. (e.g.: 2000 of 10000 USD) 1st Correction: 0.24350 with 1/5 of trade money. Average price after the 1st correction: 0.24264 - 2/5 Trade money used Close price: 0.22935 Trade Result: +5.79% All our trades: docs.google.com Note: This is a closed trade opportunity alert to show our alerts accuracy, subscribers get all our trades alerts in real time by email, PM me if interested.
BITFINEX:XRPUSDShort
by Rick_55
2
XRP falling wedgeWhere will XRP find its bottom? I wish I could tell you. XRP has been on a steady skid for the past few days. However, from what I can tell XRP may be working its way into a falling wedge. The blue box is where I XRP will get my attention, there is a heavy resistance in that range, and lines up nicely with the descending wedge pattern. As I have mentioned in other charts, waiting for a solid reversal of the trend will be key before opening a long position on XRP. Look for volume to increase around the level of the blue box, and watch from there to determine a reversal. If XRP does not reverse in the .162-.168 range it will most likely be headed for new all time lows. I would love opinions, thoughts, criticism, or analysis. Cheers and happy trading
BITFINEX:XRPUSD
by machinelearnt