TradingView India. Check out the latest ideas and forecasts on XRP / Bitcoin from our top authors — they share predictions and technical outlook of the market. XRP is forming a huge potential Accumulation Squematic type 1 (similar to the one that XAUUSD formed in montlhy TF). We can see XRP approaching to the End of the Creek (Wyckoff theory). This and the Reacuumulation zone are Key price points to XRP to see the next huge move to the upside. XRPBTC PAIR MARKET OPINION This is a follow on to our XRP to BTC price increase post. Driving factors could include positive news for XRP and negative news for BTC such as XRP widespread institutional adoption and BTC scaling issues.
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Altcoin are clearly taking a hit with Ripple's struggles with the SEC suit. As I expect Bitcoin continue to show strength and reach new ALT this year and push forward to its k goal, It was developed by our experts for intraday trading purposes. What does this XRP is not dead Note: Above idea is for educational purpose only. Good buy on the 1h. Never follow the nayyyy sayers now is a clear buy. If you are concerned about the sec filing maybe dont through thousands down but i threw a few hundred on this news.
Left chart - 1HR: We can see a small bullish divergence forming over the past 2 days. To be explicit this does not mean it will rise, but it's a factor speaking for it. Moreover, this is a short-term signal. Right chart - 4HR: On the long-term chart there's not too much positive price action. ADX indicator is showing a strong downward trend, which was caused by Some very bearish news came out which caused a nose-dive on the charts.
Since then XRP has found support on a rising trend line, and has bounced with considerable volume. Let's hope momentum holds and we can be taken back to 0. Called the XRP drop perfectly. It may sound like a joke, but in my opinion the best price to buy Ripple is 0. Lawsuit or not Fibonacci never lies. Its back testing a major 3 year support and resistance level, broke out of the weekly Bbands, the BTC pair is at support, and BTC dominance is potentially forming a head and shoulders What else could you ask for?!
Well the SEC would like a word. They just dropped a giant FUDs on Again, using a different chart to trade Ripple, I will start buying now since it hit the major support vs Bitcoin. The news is not fresh but it has been officially announced recently. We see the falling wedge pattern and I think we will reach the resistance line in the near future. Some big, institutional investors continue to accumulate this coin. The despair, the angst. Why didn't i just buy Bitcoin?
XRP is being left in the dust The bottom is the bottom for a reason. Then I felt it again when we broke below the low trendline from I started to actually think, can this thing even go to zero? Are they going to make a Merry Christmas everyone!
I hope you have a great time with family and friends this year! If you've followed my work, then you know that I have always maintained that when price is inside a channel and the boundaries are defined, price will more often than not, Hey ya I sent a bit of money to kraken, this might be interesting if the bottom holds but it's not very convincing yet Link had such a better bounce, but it's not the same thing: ETH had the same pattern as Bitcoin With mainstreet Description: You really think rich people care about the SEC?
Timeframe: 3 days. Technically , with every impulse comes retracement. Until any further clarity is provided , it is still very much a grey area and we can expect price to retrace to the level directed before taking another fall. Lets see how this develops. Ripple is ready to go higher due to the fact that price bounced and reached resistance zone, price probably can break it and continue growing to new resistance level. It looks ready for the run up.