Quick RIPPLE (XRP) update 05.01.18
The panic selling has likely ended. The correction seems to be complete. It was an expanded flat correction which dropped XRP from 3.33$ to 2.16$. People say it was Coinbase rejecting XRP... If you feel better believing so... You already know my take on that, unless you are a new viewer of my blogs.
I think it is gonna be back to business as usual now in XRP.
.png)
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
.png)
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
Sorry, I couldn't read your analysis as I try and remain silo'd to my own and not be "influenced" by outside analysis. But I wanted to support you!
Kind Regards,
Haejin
Thank you for the support! Yeah, I know it can be hard to keep an unbiased opinion. Thanks for sharing your wisdom. I've learned a few new tricks from you and thanks for pointing me to spreadcoin ;-)
Hi Haejin, would be most interested in a siacoin update if possible.
I could tell it was about to surge from the formation, however not sure if its going to go bit further before a correction.
I bought in around .005, laddered my sells out in 4 rungs.
From roughly an initial $200 investment made about 3k and have still kept 10k coins beyond that.
Your info and tutorials certainly helped me do this, thank you!! learning TA, SLOWLY but surely. :)
check out my ripple technical analysis on my page
Hi friends, can I use this article for my post to Indonesian
I allow it. Don't forget to mention me as the author and to link this post:
https://steemit.com/xrp/@ew-and-patterns/quick-ripple-xrp-update-05-01-18
Thank you my friend 😊
I avoid this bankster coin. It's not a decentralized cryptocurrency.
"People say it was Coinbase rejecting XRP... If you feel better believing so..."
100% with you! Those people are funny... whatever
That's a VERY good/healthy correction. It spiked so hard, it could only correct to such a deep level. That's 1 step backward for 2 (3?) steps forward in the upcoming days.
But what's coming up next is bigger than this, so, I'm watching my ALTs bleeding right now, but soon enough it's gonna skyrocket. No worry then.
Always unpleasant to witness, but necessary.
Great to see you doing so well. I've been a lurker on your posts for quite some time. Sure wish I had held my ripple now, haha. Maybe I will buy some back before the re-buy really kicks in. Keep up the good work, your charts are really helpful :)
Just click the button more often, so at least I can know that you are lurking and maybe return the favor. ;-)
Will do ;) I've been following you for some time but I check steemit through Steemify on my phone too often, and can't be bothered to actually log in. Thanks for your hard work on the charts, I really do appreciate them :)
You are welcome. I this app out of beta? Is it good? I have not heard much about it yet.
I'm not sure if it is officially out of beta but I have been using it on an iphone 5s and it works brilliantly. It is available through the official app store so that is a plus. It was co-produced by @exyle and he is how I found it so I trust the app, plus I like how you don't have to enter any passwords at all to use it. I honestly think it is great.
XRP to the moon ....Can someone get my astronaut suit ready?
XRP surges the last two weeks. Market cap is half of BTC. The correction was more than overdue. Similar like Stellar lumen. The correction is related to most of the altcoins - also steem and maid. But XRP rose that strong the last couple of days - maybe therefore the bit harder fall
Informative post..Thanks for sharing it....
what you reccon is happening to the entire market atm? is it just normal correction going on?
Yes, market cap is still 760. Nothing to worry about.
Prices have fluctuated 9.4% since 17:00 on today and moved in the range of $ 14,819 to $ 16,211. @ew-and-patterns
What are you talking about? XRP never was trading @ 15$ before.