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Seeing there are a number of people in here interested in how to use charts to their benefit, I figure I'd make a Topic on charts specifically for XRP.. First rule: Charts do not decide the price of XRP. Don't think that by drawing an arrow pointing upward, that the price is going to follow your opinion. That's my first complaint with TA. Sites such as Tradingview.com has hundreds of users plotting fancy charts like the one below in which the users constantly 'conclude' that the price is going to go up (blue arrows). This is NOT the purpose of technical analysis. TA's main purpose is to
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The below image is the one day chart. Each candle represents one day... makes sense Looking at it... it looks amazing. To the emotional, not knowing what theyre doing, probably shouldnt be investing in the first place individual, it looks horrible....but why? XRP must not go straight up. We were at .20.. had a run. The chart MUST reset. there is no other option. it MUST reset. Several people in here said it accurately even before the drop, that XRP is going to drop... and it did. Remember the symmetrical patterns which occurred? Look closely at the chart. Now, the huge run up is
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I don't know maybe it's just me but the last couple of days XRP trading on Bitstamp look very strange for me. I look closer on bid/ask and I got the impression that the price is artificially held in 2.00-2.40 range. Usually "ASK" moved up on momentum with an increase in supply. Yesterday and today they try to lower "ASK" but all the purchases go from ASK side. And how about that: 1 min XRP Chart from Bitstamp. Usual volume 25-75K per min. 14:35 (UTC -5) 1.048M per min and price only moved from $2.13 to $2.18
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Hey guys, i've been watching XRP now for 6 months now and anyone that is invested or is thinking about investing into this cryptocurrency should find this video of great use to them - Some people see a couple of red candles and start selling like mad, this is just a clear display of not being able to control your emotions and if you can't control your emotions, then you can't control your money ENJOY! Jake, ITM FOREX CEO
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Currently in the Bitstamp app , when you are viewing XRP, on the trade view it shows the axis on the right as Bitcoin values in numbers like 15000, 16000, 17000 etc. Is anyone else experiencing this issue?
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XRP has been performing better than any of the other top alts vs BTC over the past week. The only reason it's down vs USD is because BTC is down vs USD. If you look at their charts vs USD side by side they look nearly identical. XRP is the only major alt to actually have movements up vs BTC during this latest BTC sale off. Until the banks go live its looking like BTC will rule the price. But, XRP is doing way better then it used to during these things.
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Those that know me are aware that I look for entries on breakouts of ranges, former highs and lows etc and have a tendency so spot very fast scalping moves calling some of them on the Zerpbox. So we have been in a range since the high @ 42c and the swing low of that high at 12c featured below, the low generated a good support level at around the 21/22c area and the high a good resistance area at around 31/32c which day traders might look to make entries on. We needed to break up of 32c a couple of weeks ago some of you might remember people talking about that level as being key. Whats hap
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If you are looking for technical analysis videos and charts of Ripple follow me over at Twitter, and check the videos out at YouTube. That being said; Ripple has been in a channel trade between 0.26-0.30 for the past 10 days; it has been building strong support in this range while waiting for the MACD to flip bullish on the day chart; still setting up for rally; it is building strong legs. Here is today's analysis: Twitter: https://twitter.com/ChartsCrypto Youtube: https://www.youtube.com/channel/UC4dVJFvNNL_YxYWB71Cp7Ow
- 15 replies
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- usd
- technical analysis
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http://www.zerohedge.com/news/2017-05-27/visualizing-expanding-universe-cryptocurrencies The author impartially stated the main use case of XRP: Here's the chart that tells the reason why your investment in XRP is the smart long-term bet: I don't like the concept of anybody losing money - I hope those in bitcoin are transferring it as fast as they can to a crypt-currency with a future... XRP People!
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Hello guys! Last week I was looking at Bitcoin Chart and its astonishing Bull Market Range from: $2.5 (2011) - $1160 (2014). So, I remembered something I read some years ago that teaches one to have patience and do not lose his position in a great bull market - it`s about one chapter of the "The Zurich Axioms" and the link bellow sums up the idea behind it: http://www.tischendorf.com/2009/07/02/jesse-livermore-advice-how-to-trade-in-a-bull-market/ One should make an experience: open the bitcoin chart and try to imagine that you don`t know the next bar at right. Don`t you fell, in ma
- 34 replies
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- bull market
- xrp trading
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Does somebody know of a handy chart that will simply identify by "~" name the accounts with the biggest sales of XRP for a given day? I think this would give me - and potentially many others - a handle on who is creating the supply in the current XRP bear market. I think this is important from several perspectives: If the supply is being created by Ripple Laps wallets, then that has implications for the community to understand how much per day they are dumping on the market. If the supply is being created by Ripple Labs employees or large XRP holders (former founding member