MagicPoopCannon

Crystal Ball Analysis — The Stuff of Legends! Ripple! (XRP)

BITSTAMP:XRPUSD   Ripple / Dollar
Hi friends! I just have one question: Do you see? Do you see why I am a master analyst? I don't want to boast, but practically every single call that I've made, is 100% accurate. If you doubt me, review my old charts. They never lie. If you want to learn how to trade like a legend, please follow me, and allow me to teach you the way.

Looking at the four hour chart for Ripple, we can see that it has broken below the small downtrend channel (maroon dashes,) and is now testing support, at the 61.8% retrace. We can see that the 618 has already been pierced, indicating weakness in the level. A slide lower should ensue, as MACD momentum expands to the downside, and bearish volume increases. Just below, support rests around $1.10. Below that, XRP should test the blue trendline again, and perhaps penetrate it, to reach my bear flag target. Looking closer at the chart, we can see that after XRP fell below the neckline on the head and shoulders pattern, it rallied back up to test it, but quickly fell back below. Since then, we haven't been back up to test the neckline, so it is now confirmed as major overhead resistance. Therefore, the upside is very limited, but the downside is wide open. The bears are in full control of this market, as the selling continues to overwhelm the buyers. Stay on your toes people. The bears aren't done.

This has been your not-so-humble market wizard, droppin' knowledge like bombs in this place! Please follow, comment, like, and share on social media. Good luck trading everyone!

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-MPC loves you-

-JD-
Ripple showed steady gains of more than 16% over the past week. would you consider this a sign of trend reversal?
Phản hồi
Good analysis as always.I think there will be a fight for the soul of ripple at 1 dollar.. and I have absolutely nothing to back that claim up with. lol
Phản hồi
update plz..buy it..??
Phản hồi
It looks like we are breaking out. 8 minutes till confirmation.

+2 Phản hồi
Love you.
Phản hồi
70 cents is the magic number right? Thank you thank you thank you.
Phản hồi
Any updates on XRP? Thanks!
Phản hồi
The mood is for consolidation and shier swings until the decision time... if the cycle is correct, you won't be seeing less than $1 anymore.
Phản hồi
MPC. Can we say XRP is fully corrected unless it reaches $ 0.25 levels? I think it can't go to $6.0 levels unless RSI is corrected. Am I correct? Please advise.
+3 Phản hồi
I totally agree with your outlook on ripple, would you mind doing a review of Walton? WTC/BTC?
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người kiểm duyệt Giải pháp Website & Môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất