Ripple (XRP) Retracement

BITSTAMP:XRPUSD   Ripple / Dollar
XRP has repeated this sequence 4 times, almost to perfection.

The first consolidation period lasted for approximately 9.5 days and resulted in a 533% rally from the previous ATH             pivot .
A retracement of 78.6% ensued throughout the second sequence.

The second sequence lasted 5 times longer than the first consolidation period and resulted in another 533% increase from the previous ATH             pivot .
A retracement of 78.6% ensued throughout the third sequence.

The third sequence lasted 5 times longer than the second sequence and resulted in (yet again) another 533% increase from the previous ATH             pivot .
I expect another 78.6% retracement to occur. This will put the price of XRP below 1$.

Kommentar: The spike higher than the 533% level was a result of buyers continuing to purchase out of emotion, creating overbought conditions.
Kommentar: Accounting for the slightly higher pivot (not calculated using the all time high), the retracement target is approximately 87c. This is the revised price.
Kommentar: Target Achieved.
Kommentar: 87c Spot on.
Kommentar: Possibly another opportunity for an entry coming up! $
Kommentar: Aright, time for another entry back up to 2$! Idea to come soon!
XRP hit your target. Any future TA?
@rsatzerro, next target is 2$ again. I will post an idea soon.
Jour PRO GrantPeace
@GrantPeace, Hi,
what is your time frame for that? THX in advance.
Hi could you please update?
Thank you.
so it already touched low on the 16th? This is before the breakout phase now?s
C'mon Grant! Get in!
+1 Antworten
I was waiting for your update :)
+1 Antworten
GrantPeace PRO joshwoodcock
@joshwoodcock, We could see oversold conditions where the coin falls lower than 83c.
cripple isn't stopping can bet that
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden