On modern exchanges, we do not see a full ripple price chart. From mid-2014 to early 2017, we formed the first and second subwave. After I found the missing piece of the graph, I overlaid the template on the current first and second wave of the global cycle. What happened in the end, you can see below.
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We are going to analyze XRP/USD from the perspective of market timing, time forecasts and cycles scenario.
In lay terms, we are attempting to take a dip look into the future.
What is our Advanced Charting Technique about:
* We combined several powerful time-forecasting...
Good morning all. XRP continues to play tricks, however moves directly onto the tip of the rising triangle that gave us this flag formation. We are now back testing the descending channel as support directly in the middle of the 0.5 and 0.618 fibonacci retrace levels. Currently MACD is bullishly diverging with price, the oscillator is showing lower levels of...
This will serve as an unbiased third point of view using Parabolas, which have the power of revealing the natural pattern of any vectors inside a two dimensional graph ('trend flow' and 'trend change'). I've kept only the most important factors needed in order to eliminate distractions and reveal critical information.
This set of parabolas (main, inner and outer)...
Here is a road map for you to follow on XRP. Price action never lies, broken trends establish broken market structure. Broken trend confirmation 1, moving average cross confirmation 2, Pullback entry of the first lower low or higher high. Only trading you need, is off the daily high or daily low. This is the key to forex success. Period! All that other stuff is fluff.
WATCH THE MOVING AVERAGES CLOSELY. DROPPED LAST TIME THIS HAPPENED!
XRP in a nice channel for easy small profits in the meantime. I wanted to address the 50 MA that is about to pass the 200 ma. Last time this happened you could see tension building with volume and the closing of the pattern. This time around it will do the same thing and not quite cross one...
A large part of the community has lost hopes in crypto and this is usually the moment we could see some relief.
Most analists have been saying XRP should go lower but there are some clear signs that XRP could be on the verge of another huge cycle
Reasons to believe a bull run is comming for XRP
- Weekly MACD cross
- Weekly bullish divergence RSI
- RSI oversold...
*New account made from Seungho_Choi
Position: Long at 0.2580 ~ 0.2600 (Stop loss: 0.2540)
Bull Flag Pattern formation
RSI at neckline after breakout from the descending triangle
Volume spike up then decrease, Ready for shootout
Very strong resistance at 0.26590 (fourth attempt, high possibility of breakout)
Decrease in the BTC dominance (follow up by...
Good morning all. If you have been patiently following us with XRP then today's rise was long awaited. The measured moves off both of the descending patterns were in congruence for just under the 200 EMA on the 4H chart. Currently we are potentially printing a bearish divergence - higher high in price , lower high in positive momentum with MACD/ RSI and volume....
We are finding resistance at my exact breakout target for xrp. However, if we can flip the 1 day 50ma to solidified support then we should be able to eventually overcome this horizontal resistance...as we can see there is a 2nd horizontal resistance just above it though so it will not be easy...for this reason I'm leaving this idea neutral even though I am most...
XRP moves between strong levels, now the price is trying to stay at an intermediate level of $ 0.266. If the price holds, then the target is $ 0.29, this is a very strong level at which the price will stop. If it does not succeed, then the price will go to the level of support.
I have been a trader for 13 years and traded through the financial crisis . I have been around the block , gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN TRADING ROOM OF VERY INTELLIGENT TRADERS AND...