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Ripple Price Prediction 2019: XRP Is Running on the Edge – Experts Don’t Rush to Make Loud Statements

  • Vera Thornpike
    📈 Price Predictions

    Ripple price prediction 2019 from TradingView experts – what are they afraid of?


Ripple Price Prediction 2019: XRP Is Running on the Edge – Experts Don’t Rush to Make Loud Statements
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

Being the second largest cryptocurrency by market cap after Bitcoin, Ripple continues making waves. Even though it has managed to survive through the crypto winter that seems to last forever, XRP is also prone to price fluctuations. Crypto pundits argue about Ripple price predictions 2019, and amateur crypto analysts from tradingview.com have their own opinion.

Here’s what they think about Ripple price 2019.


Xuanhaimmoer: Nice pullback but be careful

At the end of January 2019, Ripple has made a leap from $0.29 to $0.33. However, the user called Xuanhaimmoer warned that positive tendencies can be misleading. He commented:

If XRP/ETH break down neckline of Head and Shoulders pattern as below image so we may see the market cap of ETH will be the second rank; when people sell XRP to ETH

Don’t rush to make very positive Ripple predictions in the short run
Ripple price 2019 analysis from Xuanhaimmoer

Ripple is going through a pump and dump period, so it’s in the danger zone. In the short run, it means we shouldn’t expect the XRP price to rise considerably.

Coinkilavuz: XRP should stay above $0.299

This user proposed the idea that if Ripple stays on the level above $0.299, we should expect it to target the $0.324 level. $0.299 is the support threshold. This is exactly what happened at the end of January, and the pattern can repeat.

Ripple’s support level is $0.299
Ripple price 2019 analysis from Coinkilavuz

Botje11: Ripple makes a fake rally

The analyst from the Netherlands says his bullish views are getting fragile. On January 31st, Ripple made a good rally with several waves pumping its value. But since Bitcoin dropped by 50 points, it affected XRP and decreased the rally by 50%. Although it is still above the support line, such changes are suspicious – there’s a big chance of a break. Litecoin followed the same path: it got into a bear trap before going through the bull period.  Thus, Botje11 thinks that Ripple will stay at $0.3 level.

Ripple is expected to stay at its current levels with minor corrections
Ripple price short-term prediction 2019

Tradeformula: XRP is through transition times

This user makes a series of videos about Ripple’s transition from the bear market to the bull market. Recently, SWIFT announced working with R3, the technology that will provide world companies with a smart contract technology for money transfers. This event promises to trigger Ripple growth.

According to Tradeformula, Ripple can make the shift from $7 to $20 this year, which sounds unrealistic – other users comment that even $1 would be a great achievement for 2019.

Wave-Trader: Buy now or watch for a lower low

The user from the UK says that Ripple is on the bottom, but the bullish trend is yet to come. He provides a chart for traders and gives the following instruction:

  1. Watch for the strong breakup and look for buying opportunities.

Or

  1. Let the price test the previous bottom or let it form new low then look for buy from the new low.

Ripple price can double in two months
Ripple price 2019 analysis

No doubt, Ripple has a huge potential considering the huge number of corporate investors and companies willing to exploit its technology. However, the market is still under the bears’ grip, so it’s not clear when Ripple will overcome the $0.34 threshold and even double its value.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions


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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

One of the most extravagant crypto traders on YouTube, Crypto Kirby Trading, has come up with his own observation of Bitcoin price predictions and technical analysis. His notes give us a hint that there are two ways for BTC to go. What are they? Watch this YouTube video and check out which BTC price theories the trader has.

Head & Shoulders pattern – a bullish sign

Head & Shoulders bearish pattern cannot stay unnoticed – we can see it forming from the beginning of April until now. However, the right shoulder hasn’t formed yet, so the pattern should be confirmed – don’t rush to make conclusions.


What happened recently when BTC fell into the abyss? According to Crypto Kirby Trading, it was resistance short. Shorts got a little bit high, and they squeezed it. In fact, the recent squeeze didn’t bring us anywhere – it’s like nothing happened.

At the moment, BTC goes sideways and sees resistance. Judging by H&S pattern, the volume peak has been reached, and now we are under resistance line in the right shoulder. If BTC’s price suddenly goes up, the pattern will be invalidated.

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Pattern within a pattern

Which pattern has been taken by BTC? It depends on how you look at it! What do we have here?

Descending triangle pattern or an ascending triangle (a little bit longer term)? Both are possible!

There has been lot of speculation about these patterns – that’s the problem. So, we have two different triangles and H&S, three patterns at the same time. If the H&S or descending triangle get validated – BTC is expected to go down to $5,000 and further into the abyss.

Take a look at the chart. We are still trading below the key resistance in the red box, and the rest of indicators still look bearish. We haven’t been trading so low since February 2018! That’s why it’s hard to believe that we will pump.

According to Crypto Kirby Trading, the $6,000 resistance might be very hard to beat – the hardest in BTC history. Very unlikely that it will happen in the nearest time, but who knows?

So, what should happen?

Crypto Kirby Trading  reckons that the possible $4,500-$4,300 would be a better bottom to buy BTC even than at the winter level. However, you should be very attentive. We are testing the November 2018 levels, and it’s important to make proper adjustments here.

Currently, the volume has been higher than in the previous months, but it’s not promising – it seems to be declining gradually. If we go down, we will reach consolidation to resistance.

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What should happen for a dump?

If we move sideways without touching resistance, expect a bearish period, and we’ll continue adjusting the triangle pattern until it breaks. Confirmation of patterns is required – don’t rush to make conclusions yet.

One more thing signifying a possible dump is the Fear & Greed Index – 61, which means we can fall as it always occurs when we get greedy and want to squeeze maximum profit from the market.

What should happen for a pump?

For pump, we should break the red box ($5,750). We should test the top of the box as well as the H&S and reach new volume – we want this boom to happen and bring us to the top, don’t we? If that happens, opportunities can get insane because the bulls vs bears battle will be epic. We might get through $6,000-$7,000, but of course not without failing the first attempts to scratch the top – it always happens this way.

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