We are now taking a look at Ripple - 1H XRPUSD Chart. It all started with the bear flag, which took us a long way down. Ripple got lucky, when Bitcoin decided to jump out from its descending wedge, which also took Ripple into a steep uptrend.
BUT: First and foremost Ripple is still way below 78,6 % retrace. Ripple is also struggling compared to all the other top altcoins. The last 24 hours it has only gained 1,5 %.
In spite of that XRP managed to kick start a new Elliott Wave Cycle. I have drawn the sub waves in purple for you! We have already finished our 1st and 2nd Primary Elliott Waves and are at this very moment trying to climb the 3rd.
I want you to take notice of the dotted black lines on the price chart and on the RSI. As you can see the price are making higher lows, while the RSI is making lower lows. This is called Hidden Bullish Divergence and can be seen when the pair is in an uptrend, and it predicts a trend continuation pattern.
On the other hand: Regular divergence is a signal of a potential trend reversal.
So therefore we can expect, since THE TREND IS OUR FRIEND, that we will continue up, and get that 3rd subwave started on the 3rd Primary EW.
BUT, once again, under these circumstances and with the uncertainty in the market, Bitcoin will still show Ripple directions! I have a feeling IF BTC soon will go up, Ripple will start to fare better than BTC.
On the other hand - IF BTC will fall and get a major rejection due to heavy resistance at 9,000 USD, it will ONCE again be fatal for Ripple. One mistake and we have an EW failure, and we can expect Ripple to go down to the blue support line once again!
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I would appreciate if you gave me a BIG LIKE - Thank you so much, my friends!
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As I told you: If BTC drops, Ripple will drop even more. Poor, poor Ripple. Once again - XRP is in big trouble.
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Hey Guys!
We are taking a look at Ripple again! First a big drop in price, after that we managed to go up, but slowly lost momentum and fell out out the ascending wedge. Hereafter we had another huge spike and a bull flag is taking form!
BUT WATCH OUT guys. If Bitcoin drops a bit more Ripple will fail big time. IF BTC goes up, Ripple will rise a big flag pole.
So monitor the BTCUSD chart.
D4 loves you <3 And remember to give a BIG LIKE! Thanks my friends!
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So I warned you about the bull flag, and look what happened. A drop in BTC's price destroyed Ripple once again. Ripple is doing sooo unbelievable badly lately compared to the other alt coins.
Pay attention to the yellow circle = Elliott Wave failure. If Bitcoin falls lower expect XRP to head dive down to the blue support line.. Uuuugh!
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@Pulsaric, @orangegeorgelemon, @FloTi Of course it cost money. We got around 500-700 Applications. And I can see that 10 people interpret it as a scam? Im really sorry, if it comes along that way. But of course it cost money like all other services. We give VIPs premium signals, ICO deals with bonuses, we have our own TV Station, and have a huge network in the industry. We have a TA team and an ICO research team which makes the best deals for our 800 VIPs in Asia.
People tend to make this money back within no time. This is not just a normal signal group which also cost money of course.
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FloTi
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@D4rkEnergY, I totally agree with you and I might be completely wrong about this.
I really want to join but you have to understand that people who have something in their head tend to be rather careful with sending money to people and groups they have no legit information and proof about. Just trusting that everything goes right isn't enough for me right now to send quite a lot of money to someone.
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I am sure there is a way to figure it out that both of us are happy.
Hopefully you understand my point of view too. And if this is all legit, I would gladly join and be a part :)
D4rkEnergY
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@FloTi, I totally understand that people might be thinking this. So many scammers in the crypto world. But I think if people would take a closer look at our website, our blockchain partners, we have 800 VIPs in Korea, a tv-studio where we have interviews on youtube with ICOs. We have partners like Binance and Legolas. All that should hopefully give a clue that this is real :)
joan429
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@Pulsaric, I am a Coinrunners VIP member in South Korea. Of course some people might think things like this could be a scam. However, to share the experience with the time I spent with Coinrunners, i can strongly agree that it should cost more than 3 eths. The service we get values much more than 3 eths... They give us signals in both bullish and bearish situations, and also great ICOs... I am writing this comment because I received a lot of help from them, and I feel much pity for people like you saying Coinrunners is a scam. In Korea, Coinrunnners guys hold off-line seminars... It's not just an online stuff. Please be careful on your comments. They are very helpful in many ways..