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Charting the course of XRP

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5 minutes ago, Elysium2030 said:

I can understand the users who are slowly losing hope. 
Since the all-time high, since the beginning of 2018 XRP is only going downhill (with single spikes in between) although XRP is used more and more, although RippleNet is making progress, although the network is getting bigger and bigger.


The successful path of Ripple is not reflected in the XRP price in any way, so I understand all the doubts, because if you are honest, with all the "do the math"-blabla, we have no idea how the price develops.

we are all here because we hope that at some point the price will meet our individual expectations.

There are reasons for that, but there are also enough reasons why the price doesn't rise.


Time will show how everything develops. In 10 years we will either be wise visionaries who have earned a golden nose, or the biggest idiots in the world who have put real money into digital crap.

I'm going on the trip - my HODL-XRP are secured in my NanoLedgers.
But I would like to silver my TradeXRP for a little cash. 
That's why: GO XRP! Show me the 0,50$


:)

Small typo correction GO XRP! Show me the 3$ :aggressive:

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Does this data mean there is low resistance to go up for both XRP and Bitcoin? 

image.png.5a639f67a473c6a5022aaedb7ff7f691.png

image.png.87be33cf6eea854a2b3ff51b1334a736.png

 

On Bitstamp there is this huge buy order for Bitcoin. If we burn through that I believe a very big dip is happening..

image.png.66574ac09ebc661548e2f3baa1b5971a.png

-- Edit
The buy order got filled for 40 Bitcoins and than was removed

Edited by Chocobo

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54 minutes ago, Elysium2030 said:

I can understand the users who are slowly losing hope. 

Not lost any hope with XRP. Just when the price drops, the entire mood here is a bummer. I'm always phlegmatic and sometimes sanguine... what's the point in tapping into negative drama? Yeah, the price is down, and the teenagers here with five-minute attention-spans expected some earth-shattering news from SWELL.

Adults went to SWELL (do you even have a passport?), adults worked hard for what was accomplished at SWELL... at least be an adult and realize it was a huge success from behind your computer. And to those teenagers here who have 12 posts to your name, chill out and get a job at McDonald's if you can't handle the pressure.

You do not have the temperament to be rich (and I bet, the resources), even if XRP went up 5000% tomorrow. 

Edited by baobeiiiii

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11 minutes ago, Chocobo said:

Does this data mean there is low resistance to go up for both XRP and Bitcoin? 

image.png.5a639f67a473c6a5022aaedb7ff7f691.png

image.png.87be33cf6eea854a2b3ff51b1334a736.png

 

On Bitstamp there is this huge buy order for Bitcoin. If we burn through that I believe a very big dip is happening..

image.png.66574ac09ebc661548e2f3baa1b5971a.png

-- Edit
The buy order got filled for 40 Bitcoins and than was removed

A lot of those big orders never fully execute. They disappear when they get touched and often reappear at different levels.

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Guest

The channel has currently been breached to the downside.  If the daily candle closes below, I would have to believe this is a sign of further losses to come.  The news out of SWELL was excellent; new corridors, new partners, ODL just starting to get ramped up.

If we don't bounce back today, I would say short term bearish, long term uber bullish.  I don't trade XRP, so if we dip from here, I'm just along for the ride.  May pick up more if it drops substantially.

OTOH, you could make the argument that the purple line is the true line to hold, in which case we are just peachy. :spinlol:

1xqA3MMK

Edited by Guest

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1 hour ago, baobeiiiii said:

My ex-gf appreciated my levity too, until she found out it couldn't buy a house.. and all the comforts us creatures need.

Imagine the future profits! And at least xrpchat is free?

Edited by MaxMad

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15 minutes ago, Molten said:

The channel has currently been breached to the downside.  If the daily candle closes below, I would have to believe this is a sign of further losses to come.  The news out of SWELL was excellent; new corridors, new partners, ODL just starting to get ramped up.

If we don't bounce back today, I would say short term bearish, long term uber bullish.  I don't trade XRP, so if we dip from here, I'm just along for the ride.  May pick up more if it drops substantially.

OTOH, you could make the argument that the purple line is the true line to hold, in which case we are just peachy. :spinlol:

1xqA3MMK

Thanks for the insight. It’ll be interesting to see how today and tomorrow shape up for sure.

I’d say, for anyone thinking of buying in, that you should wait a week or so to see if there is a draw down. 

I’m still  trying to decide how I think this year will end for the entire market.

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Told you guys. .15 is coming it might be slow but it's coming. Swell couldn't break .32 it's going down don't expect a bull run for at least another 5 months.

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29 minutes ago, Shani said:

Told you guys. .15 is coming it might be slow but it's coming. Swell couldn't break .32 it's going down don't expect a bull run for at least another 5 months.

Don’t think anyone noticed tbh. 

Edited by MaxMad

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32 minutes ago, Shani said:

Told you guys. .15 is coming it might be slow but it's coming. Swell couldn't break .32 it's going down don't expect a bull run for at least another 5 months.

What is your experience in the crypto market or the stock market? How long you been a trader?  I thought I ask before I take your amazing advise. 🤷‍♂️

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52 minutes ago, Shani said:

Told you guys. .15 is coming it might be slow but it's coming. Swell couldn't break .32 it's going down don't expect a bull run for at least another 5 months.

Anything can happen. I'm not interested in what you "told" me unless you can show me with a chart. This is a TA thread.

 

 

We are testing  support on BTC ....I don't think it's broken, but it certainly MIGHT break here. But so far this is still a low volume breakdown, with no big red candles...just a lot of little ones in a row. I prefer that, because it could reverse.  Downside momentum is fading at the moment. We'll see if it continues to fade or comes back stronger. We are at a critical point technically.

I see so many reasons for BTC to break out. I am very surprised it has not already broken out to the upside. I have to trust Bob L., who says the short term bottom looks to already be in. Any of us can be wrong, but he's been right a lot, and for a long time. I will continue to buy the BTC dip.

 488644398_ScreenShot2019-11-08at7_20_50AM.thumb.png.0dbdd50044847bdfb80a85cd315f0010.png

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20 minutes ago, dr_ed said:

This is @Molten's purple line, which is a valid trend line imho.....but certainly no more wiggle room here. It is interesting that on the daily the I-Cloud is still predicting green.

1171200015_ScreenShot2019-11-08at7_32_34AM.thumb.png.408943f26ec3a9346bffc32fdb96639c.png

Its impressive that the I-cloud is still green.

Its slightly puzzling yet not surprising at the same time how all of the indicators would point to a reversal or positive breakout but the downward pressure doesn't seem to let up.

I think the green cloud is just signaling a future resistance point on a continued down trend. Not actually predicting green. (Sample from another graph [not XRP] I saw below)

2019-11-08 08_54_36-Ichimoku Clouds [ChartSchool].png

Edited by AlejoMoreno

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