RIPPLE (XRP) Is Becoming a PROFIT TSUNAMI!! Target $4.11 (200% Profit Potential)
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SUMMARY
RIPPLE (XRP) is running up VERTICALLY! While this is NOT a sustainable trajectory, it can make MASSIVE PROFITS for many! I present the Forest from the Trees with regards to degree of trend for Elliott Waves. People often get caught up in the short term twist and turns of price such that they confuse the trees from the forest. The below chart shows how the next short term target of $3.56 can be hit as wave 3 and then later $4.11 or HIGHER!
The below is XRP/BTC price chart. One of the most important skill any Technical Analyst can develop is called Forward Discernment. An ability to see partially completed patterns and conceptually visualize it. This is vital to be able to effectively gain market call accuracies above 75%. Most analysts have difficulty in this area but it can be a learned technique. For the below chart, forward discernment shows an a,b,c,d,e triangle. This now provides greater awareness in the probable price pathway and this is good, because awareness keeps the panic away! I'm projecting 26,055 Satoshi as the next target step!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
good
I don't have any RIPPLE :(
DOn't buy it now. Wait for the BTC run and Ripple will go down. Inversely correlated with BTC.
Do you understand anything about the BTC futures market ?? Explain to me how someone who is in the whole on a long futures contract is going to manipulate the market ?? To do so they would have to go out and start purchasing real BTC and still leave enough trading cash to pay the margin difference on the Futures contract. The number of Futures contracts sold is pitifully small in comparison to the Daily BTC volume so why would they all suddenly step up and go nuts ? Also do not forget the people who have sold the contracts and are currently in profit - do you think they will sit idly buy with all the Cash they have from the sale and let the price go up ? They would already be putting sell walls in place if your theory was true
The news, that future contracts bet on bitcoin ~8000 USD is impacting the price. Not the fact of future market themself
Last time to buy it then
I prefer Mad Dog.
*XRP
XLM was a good buy has had a big run up as well.
Actually is better than good. IT'S GREAT. However, be careful ,guys, such price heights aren't normal, ripple might face a mini correction soon
See my above comment about BTC futures price manipulation and how it will affect Ripple prices
Yes, I agree to a certain extent on the manipulation subject. HOWEVER Ripple opposite to many altcoins is not a decentralized transaction system, it is highly centralised, meaning that the majority of Ripple coin are held by the creators themsleves. When you have a centralized coin and not a highly distributed coin such as bitcoin, the majority of price flactuation depends only on a few actors, in Ripple's case the creators themselves thus its in their interest to keep the price stable
You obviously do not understand XRP and the company. In November to remove exactly this kind of comment - they locked up all 48B available tokens in Smart contracts - each of which Vest every month (1B coins) for the next 48 months. They have already made a public statement that they will not use these to control price action - they are only for spending for funding the business and the growth of their XRAPID network. Any that are not spent are locked back up in contracts that tag onto the end of the 48 months i.e. it is a rolling 48 months. I can not find the December number - but in November (the first month) they only used 320M tokens and put the rest back into a smart contract
55* Billion
These always correct.
I'm still happy to have gotten in at 18 cents/coin this summer. Excited to see where this goes!
I remember a few month prior to Ripple XRP rocket launched, we were at just $0.21 and slowly moving up - down. We speculated $1 by 2018 and everyone was excited about it. Now we see that $2.90 was nothing for this monster and after doing some thorough analysis we came up with a possible outcome for Ripple XRP long term. Aside from Ripple is now one of the most valuable startups in the United States of America after Uber, Airbnb, Palantir and WeWork.
I would like to humbly extend my dissenting opinion...
https://steemit.com/crypto/@hvlyarmedtrader/the-most-important-video-for-ripple-xrp-investors#comments
Can someone guide me on why does exchanges and coin market cap show different prices for XRP?
This is Binance showing $2.62
This is coin checkup and coin market cap showing $3.08:
Its the same way for bitcoin differnt exchanges trade at different prices if you hit the market tab in coinmarketcap it will show you how much that coins trading at each exchange.
check out my ripple technical analysis on my page
XRP short term play, long term dump... Banks are just interested in the technology...so they create their own coins. Banks will never use XRP.
I dont care what berniesanders says. This man helped me find some coins that I made profits in and if I want to support him back by giving him upvotes thats my choice. Berniesanders making a ton himself on his posts he needs to stop crying.
I just want good info on alts I should be looking at. Point me in the direction of a 100 bagger and I'll be your friend for life!
Tron is still cheap. Cardano and Stellar are around a buck still. XRP is a good one. Just pay attention to Haejin’s post and most of his predictions are dead on just pay attention to the time the posts are made and do final anyalsis yourself as markets change drastically. Best to have as much as you can get. I have over 13 alt coins I am holding right now and all those I mentioned are some of them. I plan to hild all of em for 2018 might sell some when big profits kick in and buy different things but mainly holding.
If you please could recommend the exchange that you are using that would be greatly appreciated! alot of talks and scams about people beeing ripped offed scares the shit out of many of us.
My favorite is Binance to buy alt coins but they don't always have what I want so I use 3 different exchanges and would open a new one if I needed to buy something different that I can't at one of my exchanges. But its safest to store your coins in wallets after you purchase them unless you plan to actively trade with them its best to keep them at the exchange.
Here are a list of top exchanges for ripple:
https://www.worldcoinindex.com/coin/ripple
Out of those I would use binance then bittrex (binance cheaper than bittrex)
I agree Binance and bittrex but I believe bittrex isn't taking anyone new at the moment. But I could be wrong things change everyday.
https://ripple.com/xrp/buy-xrp/
these are the exchanges recommended by Ripple.
what other coins do you recommend to buy?
XVG wait for a good dip its a lil up right now and been going up and down a lot recently, RDD, POE, POWR, Doge, NEO all of these are worth checking out. Make your own call on when its best to get in not telling you to jump in blindly but these are all worth taking a look into.
I bought POE & Wabi a week ago and here's how it has been:
What are your thoughts on Wabi btw? It has a very low supply (Walton is a example) and the company is good at what they do..
One thing I am confused about it when to get out because I am more in favor of swing trading (as I don't much money to invest for long term and invest by saving weekly or daily)..
And its whatever works best for you. What might work for me might not for you. Me myself I plan to hold most of my alt coins for this year as long as it continues going up.
Poe is a good coin i have some myself right now and im familiar with wabi also good. Nice choices. 👍
EOS
Heard EOS is in development stage, etc. and has alot to prove yet!
Would you recommend it for short term as well?
So Bernie is using his politic power and influence to make money? Political corruption at its finest. Personally do not think people who are in office should be able to participate in this kind of wealth gathering.
LMAO I don't think its actually Bernie Sanders just some guy or girl that likes him or something using his name as their steemit name.
@haejin CHECK OUT POWR, your analysis is almost spot on, I believe some waves are off but the main target you set of 0.002200 satoshi is on the cards!
I bought this coin at 0.0003500 to your recommendation, I have almost made $50,000 thanks to you. I have also been practicing my analysis on this monster for the past month! Fun stuff, I'm extremely grateful ! <3
https://www.tradingview.com/i/AGHFUG5C/
I had a low holding on this but it turned out to be a good amount, the price was stagnant for a while and keep going up and down in cycles. suddenly we had a lift off, in the long run say end of 2018 what price do you think it can reach, POWR?
If 0.00022 is wave 1 then$6-8 minimum, Possible top 10 coin at sometime during 2018-2019, If it stays top 10-20, Elon might consider a future partnership, If that's the case then $40-70 is entirely possible as well, This is an extremely strong project.
Of course Haejin will tell us to separate the technical from the analysis which is extremely wise, but I really do see an extremely strong future for POWR!!!
I need your diligence to hold for Long term. I keep seeing "Better" coins going to explode, and I miss out on coins like POWR..Which I had.
Nice chart synco..well done sir
Thank you! :)
Good analysis.
So many are negative towards XRP because it's a 'bankster' coin.
However I say if there is profit in it go for it. Makes a change to be able to make something off the banksters rather than get robbed by them.
Personally I'm staying nimble with regards to Ripple as it may be one to get rid of quick when the top comes in.
But a profit is a profit , right!?
Yes, a profit is a profit -- but sometimes profiting is a case of musical chairs. You don't want to be the one holding a bunch of the wrong thing when the music stops.
In the case of Ripple, the implications of it being a "bankster coin" are this:
Your balance CAN be frozen or confiscated; and
At some point, the banks (especially US banks) will start forcefully implementing the various "Know Your Customer" laws and doing that freezing/confiscation bit on anyone who won't or can't meet their verification demands.
So by all means, get while the getting's good -- and @haejin's analytics seem to be good scoop for predicting short-term market trends. But keep an eye on the regulatory side and plan to move out of XRP and into something less centralized/regulatable in time to not lose your a$$.
I'm with ya mate, that's why I said about being nimble. Picking a top is incredibly difficult thing to do so I have an exit strategy for XRP.
I'm not comcerned about losing the investment in Ripple as it was a wild speculation when I bought in at roughly 5c, however I don't like to lose so will endeavour to be on top of the situation and recycle the profit into the alts I hodl.
Hello gentlemen!
You both seem knowledgeable on this subject so I thought I should repeat the question I asked above,
I bought some XRP and was thinking to sell but there is a problem, I am on Binance and since a couple of days now, it's showing a different price:
Can someone guide me on why does exchanges and coin market cap show different prices for XRP?
This is Binance showing $2.62
This is coin checkup and coin market cap showing $3.08:
Sometimes, the difference increases to almost a dollar.. And this is sort of very fishy to me atleast..
Different exchanges show different prices because those are the actual prices the stuff is trading for on those exchanges at any given moment. When you see a news story that says "this cryptocurrency hit this price today," that's the high price it hit on the exchange the person reporting it was watching.
Oh, so there is nothing worry, right?
I am going to cash out as soon as it hits $3.5 again on Binance.. it was booming on Friday and I should have sold it at $3.70, will learn from this now and not get greedy next time.. XD
Correct -- there's nothing to worry about. The price of a crypto may move at one exchange before another, although they tend to converge (if it goes up from $3 to $100 on one exchange, it's unlikely to drop to $1 on another -- the traders are out there watching and so it tends to move in the same direction and at roughly the same speed everywhere).
Ripple is not a real crypto currency. Developers own 20% of all tokens, then can crash the market anytime. There is no proof that one day bank will use Ripple.
You are nearly as good as @berniesanders at FUD.
Ripple is not mineable, it is a centralized database controlled by a few persons. Instead of accusing people of FUDSTER, do your own research please next time, thanks.
I have done my research and Ripple is no different in that respect to BTC - controlled by a few people (As in the form of the big mining groups) as are all mined coins. At the end of the day the vast majority of coins out there are by definition Centralised, even though everyone believes they are decentralised. They are controlled by a small number of powerful mining groups. The only Truly Decentralized coins are BTS, Stellar, EOS etc.
EOS blockchain does not even exist yet... If one day EOS exists (it is clear in the EOS website there is no guarantee about it), EOS will be controlled by 21 "producers" (let's call them "miners" to simplify), but they will be elected by votes like Steem, it is intermediate between centralization and de-centralization.
Banks use RippleNet and they don't need XRP as a means of exchange. We the people are only buying these worthless coins and that's the only thing driving the price
well said, "worthless coins"
Do you understand the use case for the XRP token on the XRAPID network ?? Before you sit there espousing your wisdom i suggest you do a bit of research re Nostro/Vostro and SWIFT interbank transfers to understand what you are talking about
Read: http://willbanksusexrp.com/
The proof is in the deals with Japan and South Korean Banks who are signed up. Ripple labs proved a super fast transactional speed test and thus this is a functional business product in which it will sit on top of banks to transmit digits of money, hence it is a real crypto currency. Moving high volumes of money through countries across borders is very slow prior to what Ripple is offering. What exactly is Bitcoin BTC offering? Oh, "Store of Value" - nothing like the intention of 9 year old white paper of actually having fast transactions and low transaction fees. Quite the opposite! SAD!!!!
Not long ago I found a nice man named Haejin. He freely gave his knowledge of cryptos to everyone. Then by chance I noticed a turd in the periphery. His name, @berniesanders. Turds should be flushed before they are stepped on. His shitty blog from what I have seen is written with tears of inferiority. Crying that Haejin is more popular and makes more money than him. Very sad. He and his retarded crew of rejected basement masturbators watch Haejin’s posts and cry as they see his money rise by pure quality of content, something they can never achieve. So please, @berniesanders go to the place all good socialists should go, to the great commune in the sky, to be with your jealous little idols, Marx, Mao Zedong, and Pol Pot.
one more follower and you have 11111 ;)
the number is in synchronicity with the universe! Good fortune ahead.
It's already 11154 and we may hit 12K in the next 24 hours.
And, the number that you saw was the same as the Executive Order that President Kennedy made which was the reason the banksters murdered him.
EO 11110 was to use silver certificates, i.e., sound money. The Wikipedia article seems rubbish though, it says he was going to temporarily issue silver certs and then move to FRNs (Federal Reserve notes) -- he was killed because he wanted to get away from FRNs, not move towards them.
On Jan. 20th, it's believed they will announce Ripple on Coinbase. That will totally change all technical analysis for a few weeks.
I heard that it was jan the 8th.
Interesting. Where did you hear that?
they just announced they aren't adding anything and please read the GDAX outline for new coins
Yeah, I just found out a few hours ago. What's this GDAX outline your talking about? Got a link?
https://www.gdax.com/static/digital-asset-framework-2017-11.pdf
Thanks!!!
That would be a great announcement.
Very interesting. This is definitely going to cause a boom in price.
It has a few really good reasons why it will boom really high. I wrote about that jew a few hours ago.
Top 4 Reasons why Ripple is Explosing UP!
I hopefully/ highly doubt it will reach near $100 in the near future, if it reaches just over $7 it will overtake BTC
You mean, if it hits $7 it will imply the market cap will be higher than BTC?
LOL XRP 100 USD. Seriously, look at the marketcap. That is not going to happen anything soon.
Agreed, not anytime soon.
I'll take a peek! Thanks!
Comeon man!
It need a trillion dollar market cap to get here, it might get to this point in like a couple of years but things like these are creating a wrong hype, due to which people then buy at the wrong time with wrong positions, ending up with huge losses..
I know everyone should do their own research but we have got to be careful with this and act responsibly as a community..
You're probably right, and my $100 was just a guess based on the power of "hype". I looked at how quickly the price had jumped from $0.50 cents to $3.00 all based (mostly, according to my perception) on the hype that it was nearly certain it would be sold in Coinbase. The expectation was it would be announced sometime near the 20th. As this day was approaching the price continued to go up. I'm fairly certain that if Coinbase would have stayed quiet, the price would be at $4.00+ today and maybe $10 by the 20th. And if on that day they announced it was true, that would cause a spike to (just my non-professional guess here) $30-$40 on the same day...with $100 in the near future.
But what do I know...I'm just your average IT guy tryna figure this stuff out.
Even thought they denied it, they eventually will add it.. probably in a couple of weeks so that people don't go ape shit on them like the bitcoin cash incident..
If Ripple becomes number 1, the trust in the whole Crypto market will be gone and prices will crash. Because this would mean that decentralized systems lost against centralization. Think twice before you invest!
Agreed but at the same time, all publicity is good for the crypto space, be it from ripple, bitcoin or some shitty PAC coin, etc.
The problem is public awareness and adoption, which is not happening without major institutions like banks, etc. jumping in into crypto space..
Considering the marketcup I see it difficult to continue with the climb because historically the ripple has always made deep retraces ... Do you know when other xrp will be released on the market? I know that more than half is held back. and then in 2018 a part will be included in the market
I understand they put it into a trust and will only take out $1B worth each year and return what they don't use on the business.
Intresting info,
Can't really fully trust bankers though