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[XRP/USD] Ripple Price Prediction 2019: Will Ripple Grow By 2,000%? It’s Possible in One Case...

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    ✈️Is it possible for Ripple to soar to $692?💰 Ripple price prediction theories discussed💣


[XRP/USD] Ripple Price Prediction 2019: Will Ripple Grow By 2,000%? It’s Possible in One Case...
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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.

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The crypto community has all eyes on Ripple: it is not only surviving the longest crypto winter yet, but it is also slowly making its way to the top. Some say it threatens to sideline Bitcoin.

Ripple price predictions for 2019 vary to a great extent: while one bunch of experts doesn’t believe it will reach $1, others make fantastic forecasts. Let’s compare opinions.


Short-term Ripple perspectives

XRP price chart from U.Today (tradingview)

XRP price chart from U.Today shows we still have to wait for a break to happen

Currently trading at $0.317 Ripple’s XRP stays the third cryptocurrency by market cap behind Bitcoin and Ethereum. XRP has been in a downtrend for the past few weeks but the weekly chart shows signs that said the trend is exhausted. The last lower low was created late last year, since then the pair has been lingering above $0.25 key support.

In the near term, the price is capped by a bearish trend line. Lately, the pair has shown low volatility which opens the door for strong moves to either side. Keep in mind that strong moves which follow a period of low volatility are often reversed, without generating a trend, so be careful until a firm break to either side is made. The main elements to watch on a Weekly chart are the bearish trend line, followed by the resistances at $0.45 and $0.80.

On a Daily chart, we can see a lot more resistance levels overhead, but the most important for short-to-medium price action is $0.32, the bearish trend line, 100 days Exponential Moving Average and the level at $0.35. A break of this cluster of resistance will increase the chances of a long term move which will have $0.40 - $0.46 area as a target. That could be reached within a couple of months or even sooner if we get a major announcement or partnership with a new bank.

XRP is on the way to a massive breakout?

XRP price prediction chart from CryptoManiac101

XRP price chart from CryptoManiac101 – a massive breakout is expected

There’s a huge amount of crypto predictions on TradingView. One of the most popular predictions has been recently posted by CryptoManiac101. He suggested XRP is about to break out massively. There’s a strong trend line that will be lasting for 666 days by March 20-21. It has been supported XRP starting from 2017.

The potential target price sets at around $172, but it can only be visualized through the unconfirmed resistance line of this widening wedge. This number is approximate – in reality, it can differ from the target more or less.

In 2016-2017, XRP managed to make its way from $0.005 to over $3.42 marking nearly 65,000% in profit within 292 days. This time, XRP price will rise not only due to speculation only, but thanks to real use cases, as well. In 2019, Ripple plans to introduce XRP to banks together with the products from RippleNet series (Xrapid, Xcurrent 4.0). Official regulations are being prepared for that. With increased volume being moved through XRP Ledger, demand for XRP from financial institutions will be increasing.

XRP Bottom formation is coming to an end

XRP price prediction chart from botje11

XRP price prediction chart from botje11

According to botje11, XRP is to break its vicious circle soon. During the past months, every minor and major XRP breakout attempts were smashed. The recent bullish wedges were nipped in the bud. However, instead of breaking down, it remains above the $0.29/0.30, suggesting accumulation is going on.

Look at the price chart: in the middle we can see a curved support line – it should be watched attentively. Because if that blue line breaks (with some margin) we could see it drop to the lows again. If we do break that big resistance around $0.33, we should see a big jump up, together with some decent volume. If it will be a small breakout, it will be very likely again to see it getting sold again.

There’s another big resistance around $0.4, and if that one breaks, it might become the new low in a short term. The triangle is likely to be followed.

Don't rush the matter

But even $20 is a serious sum for Ripple considering the huge amount of coins in circulation (over 41 bln XRP). Here’s what other experts think:

  • Roman Guelfi, an authoritative crypto enthusiast and expert, is sure that Ripple is to achieve great milestones. He said that when the market experiences an influx of projects, other cryptocurrencies will be left aside, and the XRP market will dominate. However, he doesn’t say any certain numbers.

  • According to the Ripple coin news website, 2019 will be a smooth period for Ripple. It will definitely be marked by new partnerships and technologies, which can make the price rise to $8-10.

  • Us Lifted, a crypto prediction website, states that Ripple will achieve new heights and reach $22.79 with a circulating supply of 38 bln XRP.

Our Verdict

Let’s be sincere: the circulating amount of Ripple is too huge for the coin to be worth $100 or even $20 this year. Ripple has only started making waves, and it’s on its way to dominance in the banking sphere. 2019 promises to be full of new partnerships, which definitely means there’ll be more money flowing into Ripple. Developers continue improving the Ripple network: the speed rises while low fees stay the same. The most realistic prediction would be $1.20 or $2 by the end of 2019. Considering that Ripple fluctuates in the range between $0.30 – 0.40, that would mean a x4 or x6 return on investment, which is great.

Update: Though slowly, Ripple is gradually moving to another resistance level. As soon as it hits the $0.33+ level, we should expect it to soar way higher. $0.45 will be the next resistance level then. When to buy? You can invest in XRP right now, but if you’re still unsure, wait for XRP to reach $0.32 – that will be a good sign and a great entry point at which traders will make a massive buy and trigger further XRP growth.

When to expect any considerable XRP moves? The upcoming Singapore Blockchain Summit might kick it off with the hype around XRP and Ripple partnerships. If Ripple fails to break resistance and gets back to $0.315 and lower, we’ll have to wait longer.

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. Each 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


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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