RIPPLE trade ideas
XRP Has lost 90% of its value from highs of Dec 2017XRP used to be $3.8 and now it has seen $0.33
Will it ever go up.
Highly doubtful
AROON What is the 'Aroon Indicator'
The Aroon indicator is a technical indicator that is used to identify when trends are likely to change direction. In essence, the indicator measures the time that it takes for the price to reach the highest and lowest points over a given timeframe as a percentage of total time. The indicator consists of the "Aroon up" line, which measures the strength of the uptrend, and the "Aroon down" line, which measures the strength of the downtrend.
BREAKING DOWN 'Aroon Indicator'
The Aroon indicator was developed by Tushar Chande in 1995 as a way to assess the strength of a trend by looking at the time that it takes for the price to reach its high and low points over a given period of time.
The two component lines are calculated as follows:
Aroon Up - ((N - Days Since N-day High) / N) x 100
Aroon Down - ((N - Days Since N-day Low) / N) x 100
The N is the number of periods used for the indicator. By default, many traders use the Aroon indicator over 25 periods.
The Aroon Up and the Aroon Down lines fluctuate between zero and 100, with values close to 100 indicating a strong trend and values near zero indicating a weak trend. The lower the Aroon Up, the weaker the uptrend and the stronger the downtrend, and vice versa. The main assumption underlying this indicator is that a stock's price will close at record highs in an uptrend, and record lows in a downtrend.
This indicator is very similar to the directional movement index (DMI) that was developed by Welles Wilder, which is also a very popular indicator used to measure the strength of a given trend and the likelihood that it will reverse direction.
The Aroon indicator is best used in conjunction with other forms of technical analysis that can be used as confirmation.
Ripple analysisRipple also riding at the correction areas in which buy after that can take profit up to targeted areas
currently ripple in the major support of 0.318 fibo level
if the bullish ride starts from this can make abc wave correction to the targeted areas
xrp already begins its correction waiting for btc for completionxrp completed 5 wave impulse and its correcting with btc following eth we will see huge correction in alts as well as xrp
XRPUSD analysisXRP shows some bullish signs on breaching that resistance it will go up & reach $1
#long opportunity
RPUSD technical analysis of price by volumeRipple, having tested the March accumulation area of 0.94-0.96 USD (point 1 on the screen), tested three times from below 0.84 USD and went on an increased volume under 0.80 USD. Further, the buyers' resistance was clearly expressed in the zone of 0.76-0.77 USD. They defended against the attack on bids using several big orders for 100,000 ripples per minute (point 2 on the screen). We will safely join whoever will win the battle (point 3 on the screen). In our opinion, bears are more likely to win if they will push 0.76-0.77 USD with the first target of 0.70-0.71 USD. Falling is expected, ladies and gentlemen.
XRP TA, BitfinexTarget 1$ range. Wait until wave 4 Completes for the better target of wave 5
Please use this only as a reference.
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It will going to test it on April 18 which influences the chance of more bullish driving forces hereafter
A chance of price will go more than 10$ with in a year
Ripple analysis - Best Long term investmentThe pair moves as falling wedge pattern such that breakout might happen soon to go up here after
I predicts a chance of ripple will touch $6-$10 with in January 2019
Best time to buy now......!
XRP Short Term Trend The trend lines in blue are for a the short term trend, and the trend lines in red are for the shorter terms trend. We see a a wedge created by the short term trend, and the point of the wedge XRP shot below the bottom trend line and sustained for over 5 sessions, confirming the down trend. The shorter trend shows downward parallel channels, meaning XRP could be trading sideways or downward for the next day or two before being able to break over current resistance. In the shorter term trend, resistance is at $1.20 and support at $1.03. MACD at the same level when XRP hit a lower low, indicative of the same difference between moving averages even at a lower level, meaning the 5 day average has gotten lower and hitting resistance becomes more likely. Likely breakout for XRP to be seen within 3-4 days. Huge breakouts are highly co-related with large increases in volume, especially for XRP. Keep a check on RSI, Volume, and Money flow index (if necessary) . Buy price between $1.1-1.2 if market doesn't go into a corrective mode, below $1 if the bottom trend is broken.
Where XRP may go With XRP's current hold on market, professional company and team, this is where is see XRP going. More and more news of adoption by financial institutions will land this year, but the actual boost we may expect when FI start using XRP in production. That will give XRP a big boost in value.
If there is no low sentiment in market, XRP will continue to near $2 at march end (or can be pumped earlier with good news).
XRP possibly read to take offXRP wedge is bullish on 15 minute charts. Each of the arrows represent a point at which XRP did a WXY, where W goes on an uptrend, Xcomes down for a slight correction, and Y zooms upwards. At each of the point with an arrow, XRP followed this correctional wave and uptrend. Important point to note is that the Y will reach a maximum short term target of 1.62 times the W. Which means, if W is at the $1.2 level, Y can go $1.944 in a three wave short term run. Looks set up for the same move since market correction also seems to be past the worst. Long term trend intact (bullish), targets look poised to go 4-5x current levels in a 1-2 month horizon
looks week and may fall to 1$...Crypto are in bear and will continue to go a bit down, wait until April for any fresh accumulation....
Inverted H&SThere is a possible major bullrun aproaching if we break the red resistance line. Then completing the bullpennant and the inverted Head and Shoulder pattern
grab any low and be on moon ...soon!!!similar pattern repeat expected buy any low . in group of top 5 price looks cheap (relatively) so there is more scope than others .
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2018 a year for ripple
More likely to double within a month
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XRP/USD - Short term target 3 plusXRP
CMP 2.71.
Cup pattern breakout observed in 4h chart.
Target 3 plus
