Ripple Price Analysis, So what is next

Hi friends, everyone who is holding cryptocurrency is worried about its price. People are worried about its future. Because lot of people have invested in cryptocurrency. So friends do not worry at all. We all have passed the waiting period. Now at any time market will start to rise and everything will be alright.

So friends 29 days ago i write the article about the price prediction of ripple. At that time price of ripple was at 0.2715. You can read it with following link.

https://steemit.com/cryptocurrency/@cryptoexpert79/ripple-analysis-best-time-to-buy-hurry-up

Pic 2.jpg

Look at the picture below. I have not seen any buying on daily chart of ripple. Look at the black line, it is the support for the ripple. So do not panic. It could go down to 0.43$ and if it crossed down this support level then next support level is 036$. So we can expect its bounce from 0.36$ to 0.43$.

Pic 3.jpg

Look at 1Hour chart of ripple. On 6 October at time of 19 price touches the low around 0.46$ and RSI indicator was at below 20. While on 7 October at 11 am price once again touches the 0.46$ while at this price RSI was at 30. This is the indication that price is strong as compared to 6 October so it is the reversal sign on 1 hour chart.
Conclusion.
Price is not in buying condition on Day time frame. Price is in position of reversal on 1 hour time frame. So you can buy for short time and can take the profit. But i will recommend you should buy it at the current price and hold it till the price reaches 2.5$.
Follow me @cryptoexpert79 for more technical analysis of cryptocurrencies and much more.

https://steemit.com/cryptocurrency/@cryptoexpert79/ripple-analysis-best-time-to-buy-hurry-up

https://steemit.com/cryptocurrency/@cryptoexpert79/bitcoin-analysis-5-september-2018

https://steemit.com/steem/@cryptoexpert79/steem-technical-analysis-16-september-2018

For any queries you can ask me through comments. If you have your own prediction about Bitcoin price, you can share with our community.

Sort:  

Hi @cryptoexpert79

Just bumped into your profile just to realize that we seem to share a number of interests :)

In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)

big fat upvote on the way! :)

I will follow you closely :)
Take care, Piotr

Respected Sir, i am thankful to you that you consider me, i followed you. You are always welcome.

You got a 3.21% upvote from @postpromoter courtesy of @cryptoexpert79!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

Hi @cryptoexpert79!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 1.339 which ranks you at #40645 across all Steem accounts.
Your rank has dropped 645 places in the last three days (old rank 40000).

In our last Algorithmic Curation Round, consisting of 324 contributions, your post is ranked at #134.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • You have already convinced some users to vote for your post, keep trying!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.76
TRX 0.09
JST 0.072
BTC 54402.12
ETH 4053.80
BNB 584.03
SBD 7.01