RIPPLE (XRP): Target Update with Elliott Waves & Chart Patterns

in #ripple4 years ago


This video presents what price pathways could be expected using Elliott Waves & Chart Patterns. Revised price target on a smaller degree of trend is given as well as a potential for one more lower low.

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I have had the ​ripple for​ a ​half year and only now I start to have a little profit. ;)

Yeah I am doing this :D

how much did you buy it for?

No comment​ :D

Probably about $0.17 usd

I think little more. $0.18 USD​ :D

and still hodl? nice...

Is no rush :D I will keep :D

Did you invest 10 p ?

News just in: Cryptocurrency company #Ripple signs for 7,000 square foot lease in Goldman Sachs building

Dont worry you will make more soon

HERE IS WHAT HAEJIN TECHNICAL ANAL CHARTS LOOK LIKE!!!

I am buying more XRP at .60 cents

We reached target on NULS, please update the TA.

earnings are showing ... !!!!

For a while I was big on ripple and invested most of my money into it but luckily I sold it all at $2.21 and I don’t think I will ever buy it again. It’s a useless centralized coin which will never go up a lot cause the creators would become trillionaires and I doubt that will ever happen.

Good Sell and move on. In the meantime, the rest of us will continue to BUY up as much XRP as possible. Because? Well, real partnerships, real world use case, very undervalued, real time transactions and very cheap. This thing is heading up.

same here :) i sold most at 2.81 dollar new crypto holders think this is the next bitcoin or somthing ? not realising the total supply 99,993,093,880 is to big ...just trade them on a short-term basis if u ask me

Good shit man..

You do understand that currently 54B of the coins are tied up in smart contracts that only become available one per month i.e 1B coins per month - if the company does not need them - they put them back into a new smart contract on the end of the cycle. Do you have any understandng of the proposed use of these coins ? You need to read up more (some) before posting uninformed crap like this (start with reading about Nostro/Vostro in banks)

uninformed crap ? the fact is i made good money on shorting ripple u need to get deeper in trading crypto before u attack someone else's comment

There will be bitcoin trillionaires as well....any issues with them? One bought into tech early....one vastly improved the processing part of it later. What's the issue? Spare me the entire centralized bs, give me a real reason and proof that it is centralized. Is western union utilizing financial systems or were they doing it off their own liquidity? How about moneygram? Yet again one someone that just sees what is being talked about the most and not looking into it critically.

Ripple Labs own 62 billion ripple. The total supply is 100 billion. Do the math.

Math is hard

Ripple own about 62% of the entire supply of ripple. If you subtract their debts, it's about 55% of the entire supply. The volume tops about $10B USD/24h at volume peeks, which means that Ripple can effectively get the price as low as they want.

I'm not a fan of xrp ,but if it were to get listed on coinbase I think it'd go to $5 easy.

Bought at @ $2.10, panic sold at @$1.00 . Even though it's not Ripple's fault, I hate it. God dang you Ripple!!

Emotions are your enemy!

You should have made a limit order at your getting-in price if you were going to get out on a dip. It is never a good idea to sell under your buying price with any cryptocurrency if you can wait, as they generally fluctuate significantly.

I believe and invest in cryptocurrencies because I strongly support anything that makes the banking cartel and geopolitical cabal very nervous. Ripple XRP is huge step back toward business as usual for these criminals and I will never touch it.

I think based on who backs Ripple it is a safe bet that it will go up. Not my favourite HODL but one indeed

Lol why you say that?

Possibly because XRP is useless

Claiming XRP is useless shows you don't know much about Ripple.

I'd love to get into a conversation about XRP if it would help clarify some points for you. For starters, I think it's important to note that I said XRP was useless, not the Ripple blockchain, which has great merit. In short, the banks do not need XRP to benefit from Ripple's blockchain tech. Important to remember that cryptocurrencies are not the same thing as blockchain.

Umm actually you obviously know a LITTLE about it - but not enough. read up about Nostro/Vostro and then you will understand why XRP on the XRAPID network is ideal for non-optimised currency pairs (which is the low hanging fruit that they are targetting). The XRAPID environment (development tools and network) is just a trojan horse to get them in the door, XRP is the end game

just like your comment actually

Couldn't agree more. speculative coin making the founders money

XRP is a coin owned by banks and one of the main benefits of crypto is to rise above the banks and redistribute the wealth.

That is complete BS. Ripple is a token that can be used to transport values, it isn't centralized either, and I doubt the banks are really going to adopt it in the long run.
None own any of the tokens any more than buyers at the exchanges do.

This doesn't mean I have a lot of sympathy for Ripple, I would rather go for Stellar Lumens which are a perfect exchange token for individuals and merchants especially in the third world - very easy going and certainly without bankers influence.

While Ripple is marketed to the banks by its makers, Stellar is not - it might turn into a sort of Western Union replacement soon, and everyone can run their own "agency."

It is not, Ripple, the company pre-mined all the supply (100 billion) and holds about 70% of it. They plan to get rid of it slowly and plans to still keeping 50% (50 billion) of it by 2021.
Even when the HAVE a use case, there is to much supply around and they can manipulate at any time...
Not saying that it won't go up, but you will be in the hands of Ripple

I think you'll find more people invest in cryptos with aim of earning money than for idealogical reasons even if they claim to the contrary and ripple has a sound business model with good ties to clients they will do well.

I'm kinda with you tokyoin. I got into cryptos for the ideology, but I'm eager to make money too. I bought Ripple around 25 cents, I still hold it thinking it'll keep going up a bit. We'll see. I don't like the idea of centralization, but if it's going up, I want to make some coins.

thx for the infos

How do I down vote? Anything with ripple in it automatic down vote lmao. But this is good news, keep tanking little ripple. from XRP to RIP

XRP will rise and some people will watch it from the other side :P

Thanks for your updates

you can say what you want about ripple, some hate them some don't!
but you got to see it from an investing angle
and you got to admit that it looks promising, it's a cryptocurrency that involves banks and maybe you don't like that about them but in the near future will still need banks (even I hate them but we need them).
RIpple is paving the way for crypto and that's what we need right now.
it's helping our cause of taking over the world, bit by bit.
I got in at 20cents so go ripple go!!!! hahaha

Ripple after 6 months where it will reach

Thank you haeijin the way you put your effort on each post is just tremendous and thanks for this informative information.

not because you think you know everything without questioning, but rather because you question everything you think you know.

I agree with your presentation. 'video presents what price pathways could be expected using Elliott Waves & Chart Patterns.' However, readers need to know that it's all hypothetical and potential. Thanks for the rewarding insight.

Upvoted, Resteemed.

Great post! Come with me!

i see at least 18 of them? should i HODL it?

when i see ripple moon, im tempted to jump in but glad i didnt buy at the top

Very useful information, thanks! A really hope that Ripple will go up again... fingers crossed! :)

haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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xrp is risk, unless you keep checking hte order books for a dump

Thanks! This analyse was pretty useful for me :)

the best man when it comes to cryptocurrency..still learning the elliot waves stuffs..thank you are @haejin

thank youfor sharing
💗💗 Paix et amour, ☮ ✌ / 💗💗 Peace and love, ☮ ✌✨
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i just want ripple to go back very high Haejin will you please have a look on Neo analysis at the current time when you have free time just try to make a blog on neo analysis thanks mate

good!~Thank you so nuch

haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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You make this look so easy. I made .05 btc yesterday from TA.

So, I'm kind of new to the crypto world, which I wish wasn't the case of course. But, from what I understand about ripple no-one can mine, which means that the guys who created the algorithm are also making ripple and selling it. Not only that but they sell it to the banks first at a discounted price!!! I mean, coinmarketcap shows that there is over 60 billion ripples being help by RipleLab, how is that going to be distributed? Is it going to be bank who profit again before inflation happens? This in principle is very similar to the way fiat currency works and defies the purpose of cryptocurrency. Im going to research ripple more but so far I'm very skeptical!

Seems like no one remembers 9 days ago he called bottom at $1.92 and projected $4.11.

If you followed his advice, you would have lost 50% to the "bottom" and still be down 20% today.

Just a friendly reminder not to buy into all the fomo, there is no miracle advice that works all of the time. Study the fundamentals and what present/future value you think the company brings to the world.

https://steemit.com/blockchain/@haejin/ripple-xrp-projected-to-make-tsunami-profits

I'd like to remind everyone that hasn't followed haejin for a while that he called the bottom beautifully -when everyone including well known advisors called it dead-manipulated by Ripple to keep it stable for the banks-too high of a supply-you name it...and i thought he was crazy when he drew a massive rally to the top of the jaws of wealth..it blew past even that...it was a remarkable call...my jaw hit the floor..i could list tons of great calls when everyone was laughing at him

dont use ripple, its in the hands of banksters, please read about iota/tangle ! buy and HODL

Nice work on charting. I cant wait til it hits $3.00!

Hey guy's, I'm a newbie and I'm looking to invest in cryptocurrency. What do you think? I need some advice.

I bought into Ripple during the recent correction, I believe you're right with these projections. At least I hope so lol

Why does it buffer so much it makes me sad.

I believe just like the name, this will have huge potential to HODL and it will cause a RIPPLE~~~~~~ in the Cryptocurrency and Financial world!

It doesn't seem Ripple will out perform...! Why we are preferring ripple when we have many other market leaders like STEEM, SMARTCASH and those are going on master nodes.

Ripples have been doing fine lately cant wait to see it go to $10 invested in ripples nice post bro

Nice analysis haejin and i would like to request you an analysis on Sia coin as well.

Really interesting and educative too.. Nice one

Muchas gracias por compartir tus análisis

hopefully higher highs coming soon! i don't care if ripple is a "true" crypto or not...as long as it makes me money I like it.

i hope that,ripple will go on high....

When people argue about what a coin does, I think its totally irrelevant.
So many coins do nothing and will never do anything, or have their technology used in real world scenarios.
However nonetheless people are buying, that's all that matters, supply and demand.
I've traded plenty with no substantial value and made money.
STOP Arguing and stay focused on your trading!

didn't he just publish an article about XRP mooning? At least he draws a bunch of shapes with the guesswork.

I still believe in making a profit, and knowing that it's a community hates that idea. But in the long run..

what's your candid opinion @haejin. Is it a good buy or not? I just started claiming free ripples from some free claiming site.

Very good chart analysis update on XRP looking forward to more videos.

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What do you think Ribble will do for you?

I think Ripple is the best coin after btc

You really think it's goind to happen like this? I really doubt that ;( - I'll celebrate if you are right about this!

Olease can you update the chart? Its brillent work keep it up

haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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I wonder if any of the philosophers down bewlow this post have ever tried to actually use ripple for money transfer instead of trading it. Also besides that you guys know the circulating supply do you know anything more about this? Just keep selling , I like.

haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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This is great information, but the one problem I see here is that the consumer price demand is that of confidence in crypto. With the CEO and head dev stepping down, where does that leave the confidence index and also, when you look at the stats of the coin, there is no way this blockchain can compete with the current fiat system. (Meaning right now credit cards demand approx. 45,000 transactions/sec) So if ripple were poised to be a banking card type of competitor, how can it compete with that when the blockchain can only do 1/24th that much in transaction /sec.

This chart is fantastic, and technically appears to be correct formulated, but my concern is the overall confidence.

What are your thoughts @haejin ???

haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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haejin TA is like this pile of poo!!
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