Ripple Price Forecast Nothing much happened in XRP trading yesterday, apart from a minor dip around midnig

Ripple Price Forecast and Analysis – August 18, 2017

Ripple Price Forecast and Analysis – August 18, 2017

Ripple Price Forecast Nothing much happened in XRP trading yesterday, apart from a minor dip around midnig

Ripple Price Forecast Nothing much happened in XRP trading yesterday, apart from a minor dip around midnight, and a small bump around 8:00 a.m (UTC).

The lack of movement suggests investors are still underreacting to this week’s Ripple news about “Lightning” payments and an expansion into China. The Lightning network is particularly important, as Ripple claims it can now facilitate payments across different ledgers.



Ripple Price Forecast

In other words, a payment can be made in Bitcoin but arrive in Litecoin. The transaction would simply slip from one blockchain to the other, smoothed along by Ripple’s “Interledger” protocol.

For the past two weeks, investors have been obsessed with Bitcoin and its offspring, Bitcoin Cash. It sucked up all the air in the room. But as expected, Bitcoin survived the attempted coup d’etat, which led to a massive rally in BTC prices.

Investors let tunnel vision for Bitcoin blind them to positive news elsewhere. That said, we are starting to see the environment rebalance.

 

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView




Like up on FACEBOOK


bitcoin card

logo

( ethereum logoETH )  (bitcoin logo BTC )  ( ripple logo XRP )  (  litecoin logoLTC )  (DASH LOGO  DASH )  ( NEM LOGO NEM ) ( ethereum-classic LOGO ETC )



Ripple Price Forecast As expected, XRP prices took a cautiously bullish step yesterday, rising 1.03% on Ripple

Ripple Price Forecast and Analysis – August 17, 2017

Ripple Price Forecast and Analysis – August 17, 2017

Ripple Price Forecast As expected, XRP prices took a cautiously bullish step yesterday, rising 1.03% on Ripple

Ripple Price Forecast As expected, XRP prices took a cautiously bullish step yesterday, rising 1.03% on Ripple news about an expansion to China, the world’s largest market.

Volatility in Ripple prices appeared to ease during the early morning hours, although that might be because fewer tokens exchanged hands this morning than they did last night.



Ripple Price Forecast

While that lower volatility reduces the chance for spectacular one-day gains, it likely gave Ripple investors some confidence after a week of hard losses. Bitcoin has been sucking up all the air in crypto markets lately, having successfully ploughed through its currency split.

Nonetheless, this bullish run for Bitcoin has come at the expense of our Ripple price prediction.

Important pieces of news—such as Ripple’s expansion into the largest market in the world—do not seem to have penetrated the valuation of XRP prices.

Additionally, reactions were muted to Ripple’s experiments with the “Lightning” network. No one batted an eye when the company successfully combined Lightning payments with its “Interledger” protocol (which is basically a settlement system between all ledgers, permissioned or not).

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView




Like up on FACEBOOK


logo

( ethereum logoETH )  (bitcoin logo BTC )  ( ripple logo XRP )  (  litecoin logoLTC )  (DASH LOGO  DASH )  ( NEM LOGO NEM ) ( ethereum-classic LOGO ETC )



 

Ripple prices remained relatively flat in yesterday’s trading, although there was a slight bias to the downside

Ripple Price Forecast and Analysis – August 16, 2017

Ripple Price Forecast and Analysis – August 16, 2017

Ripple prices remained relatively flat in yesterday’s trading, although there was a slight bias to the downside

Ripple prices remained relatively flat in yesterday’s trading, although there was a slight bias to the downside. XRP prices dropped 1.12% over 24 hours, adding to a lackluster week of 13% losses.

All this occurred despite Ripple news of expansion into China.

Under normal circumstances, investors ramp up their holdings at the merest whiff of international expansion. However, in this case, optimism was blunted by confusion over whether or not Ripple is entering China alone.



Ripple prices

Rumors were swirling on popular forums that XRP is partnering with Chinese internet giant Alibaba Group Holding Ltd (NYSE:BABA).

Even if clarity is able to stop the slide in XRP, it still looks as if the market is rotating funds to Bitcoin. This much is obvious from the fact that BTC dominance—a measure of how of Bitcoin fares against the rest of the cryptocurrency market—is above 50% again.

So, in the short term, our Ripple price forecast continues to suffer from headwinds not of its own making. That said, if Ripple is able to make inroads in China, its return on investment could be stratospheric.

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView




Like up on FACEBOOK


logo

( ethereum logoETH )  (bitcoin logo BTC )  ( ripple logo XRP )  (  litecoin logoLTC )  (DASH LOGO  DASH )  ( NEM LOGO NEM ) ( ethereum-classic LOGO ETC )



Ripple Price Forecast While most headlines in the cryptocurrency space involve Bitcoin or Ethereum, an increasing

Ripple Price Forecast: Factors Suggest XRP Cryptocurrency Could Hit $1

What’s Behind Ripple Cryptocurrency Price?

Ripple Price Forecast While most headlines in the cryptocurrency space involve Bitcoin or Ethereum, an increasing

Ripple Price Forecast While most headlines in the cryptocurrency space involve Bitcoin or Ethereum, an increasing number of investors are thinking about investing in Ripple, the bank-focused blockchain company that is taking the crypto world by storm. As a result, we’ve put together this report with a complete Ripple price prediction in 2018.

I know the names, tokens, and details can become overwhelming. Blockchain technology is widely misunderstood in part because the industry is so young; so the articles “explaining” it are still technical and full of jargon. I’ll do my best to fix that.

But there’s another reason that blockchain is so hard to understand—it is radically different from anything that’s come before it.



Ripple Price Forecas

 

Ripple is certainly part of this story and not just as a Bitcoin-imitator. It is much more than that.

Ripple Price Prediction 2018

The first thing to know is that Bitcoin was viewed with hostility by many banks. Bitcoin wants to eradicate them as the “middlemen” of transactions, which obviously represents a ton of money for the banks. They like making money every time we use a piece of plastic.

Bitcoin is fundamentally opposed to that kind of top-down control, where the banks are at the top and we are at the bottom, so its idea is to decentralize the payments process.

Bitcoin also wants to increase transparency, which as we all know is contrary to the modus operandi of many banks. Secrecy is, and perhaps always has been, closely tied to banking.

Ripple’s aims are, by comparison, much more modest, which is why our Ripple price prediction for 2018 might seem overly generous.

The company is working to smooth out the settlement process between existing banks and financial institutions (using their XRP token, of course). Plus, their system doesn’t allow for the kind of anonymity that made Bitcoin popular on the black market.

In other words, there is an added measure of control in Ripple. But I don’t care about the purity of the technology as much as I care about its potential to succeed in the real world.

Banks from China, Japan, India, Switzerland, Australia, America, and Canada are already working with Ripple. There are literally dozens of partners lining up to take the best parts of blockchain technology and integrate it into their firms.Like up on FACEBOOK


Hashing24 : Cloud Mining

logo



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



GBPUSD Forex Exchange Price Lower Midday Tuesday August 8

British Pound | Data | Chart | Calendar | Forecast | News

CURRENCY TRADERS

GBPUSD Forex Exchange Price Lower Midday  GBPUSD decreased 0.0034 or 0.26% to 1.2999 on Tuesday August 8 from 1.3032 in the previous trading session. Historically, the British Pound reached an all time high of 2.86 in December of 1957 and a record low of 1.05 in February of 1985.

GBP/USD remains on the downside for 1.2932 support first. Price actions from 1.1946 are seen as a corrective pattern, no change is this view. Such correction could have completed at 1.3267 already. Break of 1.2932 will affirm this bearish case and target 1.2588 key near term support for confirmation. On the upside, however, above 1.3111 minor resistance will turn bias back to the upside for 1.3267 instead.

  • In the bigger picture, overall, price actions from 1.1946 medium term low are seen as a corrective pattern that is still in progress. While further upside is expected, larger outlook remains bearish as long as 1.3444 key resistance holds. Down trend from 1.7190 (2014 high) is expected to resume later after the correction completes. And break of 1.2588 will indicate that such down trend is resuming.

British Pound Notes

The GBPUSD spot exchange rate specifies how much one currency, the GBP, is currently worth in terms of the other, the USD. While the GBPUSD spot exchange rate is quoted and exchanged in the same day, the GBPUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – British Pound – actual values, historical data, forecast, chart, statistics, economic calendar and news. British Pound – actual data, historical chart and calendar of releases – was last updated on August of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.30 2.86 1.05 1957 – 2017 Daily

 

USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Forex Exchange Lower Midday Tuesday August 8

Japanese Yen | Data | Chart | Calendar | Forecast | News

CURRENCY TRADERS 

USDJPY Forex Exchange Lower Midday  USDJPY decreased 0.3250 or 0.29% to 110.4050 on Tuesday August 8 from 110.7300 in the previous trading session. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011

USD/JPY was rejected by 4 hour 55 EMA and continues to weaken today. But at this point, it’s still staying above 109.83 temporary low. Intraday bias remains neutral for the moment. The consolidation from 109.83 might extend and another rise cannot be ruled out. But after all, near term outlook stays bearish as long as 112.18 resistance holds and deeper fall is expected. Break of 109.83 will target 108.81 support first. Break there will resume whole correction from 118.65 and target 61.8% retracement of 98.97 to 118.65 at 106.48. Nonetheless, break of 112.18 resistance will dampen our bearish view and turn focus back to 114.49 resistance instead.



USDJPY Forex Exchange Lower Midday

In the bigger picture, the corrective structure of the fall from 118.65 suggests that rise from 98.97 is not completed yet. Break of 118.65 will target a test on 125.85 high. At this point, it’s uncertain whether rise from 98.97 is resuming the long term up trend from 75.56, or it’s a leg in the consolidation from 125.85. Hence, we’ll be cautious on topping as it approaches 125.85. If fall from 118.65 extends lower, down side should be contained by 61.8% retracement of 98.97 to 118.65 at 106.48 and bring rebound.

Japanese Yen

The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Japanese Yen – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japanese Yen – actual data, historical chart and calendar of releases – was last updated on August of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
110.41 110.76 306.84 75.74 1972 – 2017 Daily

Like up on FACEBOOK


Hashing24 : Cloud Mining

logo



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Silver is expected to trade at 15.90 USD/t. oz by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 15.50 in 12 months time.

Silver forecast July 24-28 2017

COMMODITY INVESTORS Silver forecast July 24-28 2017

Silver is expected to trade at 15.90 USD/t. oz by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 15.50 in 12 months time.
Silver is expected to trade at 15.90 USD/t. oz by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 15.50 in 12 months time.

Silver forecast  Silver markets broke higher during the week, slamming into the $16.50 level. That’s an area that should continue to offer resistance, but I think we will eventually break above there. Longer-term, looks as if Silver is trying to form some type of floor, and that of course takes several attempts to prove the supportive nature to traders around the world. I think that pullbacks should continue to offer buying opportunities, and eventually will probably go looking towards the $17 level, and then eventually even the $18 level. Silver seems to be technically divided by $0.50 levels, so therefore recognize that there could be buying or selling opportunities in those increments.



Silver forecast

 

US dollar

I believe that the US dollar continues to be sold off, and if that’s the case over should do quite well. I don’t like the idea of selling silver regardless, at least not from a longer-term standpoint. I would not be surprised at all to see this market go looking for the $18 level, perhaps even the $20 level over the longer term. Silver markets seem to see quite a bit of buying pressure in the area just below, so I think that traders will look at pullbacks as value just waiting to happen. If you can deal with very little leverage, the Silver markets might work out quite nicely over the longer term. Be patient though, because it looks as if we are in a consolidation zone. It is not until we break down below the $15 level that I would consider selling from the longer-term perspective, and quite frankly that does not look likely to happen anytime soon. The massive selloff that we had a couple of weeks ago has almost been completely reclaimed as of Friday.

Like up on FACEBOOK


logo



COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)



Gold is expected to trade at 1212.00 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1175.00 in 12 months time.

Gold forecast July 24-28 2017

COMMODITY INVESTORS July 24-28 2017

Gold is expected to trade at 1212.00 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1175.00 in 12 months time.
Gold is expected to trade at 1212.00 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1175.00 in 12 months time.

Gold forecast  Gold markets rallied during the week, slicing through the $1250 level, showing signs of real strength. Currently, I believe that the market is essentially consolidating between the $1200 level on the bottom, and the $1300 level on the top. I think we’re going to continue to reach towards that area, so therefore I am bullish gold and realize that if we have US dollar weakness, the market should continue to favor gold. I think that a break above the $1300 level will be a bit difficult, but as soon as we break above there, I would anticipate that we are going to the $1350 level. This is a market that should be bought on dips, but will be very volatile to say the least. I think that the markets will continue to see choppiness, but longer-term I think will favor the upside.



Gold forecast  

 

Buying dips

I believe in buying dips, but I may have to look towards the short-term charts to find that value. I don’t have any interest in selling unless of course we break down below the $1200 level, which would be very negative. Ultimately, this is a market that is benefiting from the currency markets, and the currency markets are most certainly working against the value of the underlying dollar. I think that the market will eventually make an impulsive move, as we seem to have so much in the way of underlying strength. Gold markets have been choppy, but I think we are simply building up enough momentum to make a move to the upside longer term. If we did breakdown below the $1200 level, I think the market would drop to the $1125 level almost immediately as it would show such a shift in momentum.

Like up on FACEBOOK


logo



COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)



Crude oil is expected to trade at 46.70 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 45.30 in 12 months time.

Crude oil forecast July 24-28 2017

COMMODITY INVESTORS Crude oil forecast July 24-28 2017

WTI Crude Oil

Crude oil is expected to trade at 46.70 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 45.30 in 12 months time.
Crude oil is expected to trade at 46.70 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 45.30 in 12 months time.

Crude oil forecast The WTI Crude Oil market initially tried to rally during the week, but found enough resistance near the $47.50 level to turn around and form a shooting star. The shooting star is a negative sign, and I believe that we are going to fall from here. In fact, I believe that we will first approach the $45 level, but then breakdown below there and reach towards the $42.50 level after that. I believe that the market is going to continue to find bearish pressure longer-term, and then it’s all but impossible to buy this market from a longer-term perspective. After all, the oversupply of crude oil is a well-known fact, and OPEC has lost the ability to control the market. I believe that although the US dollar is falling, crude oil markets will continue to do so as well.



Crude oil forecast

 

Brent

Brent markets also rally during the week, but found the $50 level to be resistive enough to turn around and form a shooting star. The market looks very likely to drift to the $47.50 level, and then eventually break out to the $45 level after that where I would expect to see a significant amount of support. Ultimately, if we break above the $50 level, that would be a very bullish sign but right now it looks as if we are trying to roll over in a market that has been bearish for some time. Oversupply continues to be a massive issue, and the brick market will fare any different than the WTI Crude Oil market, as traders continue to look at an overall bearish picture longer-term. I think that once we break the $45 level, the market will probably go looking for the $42.50 level.Like up on FACEBOOK


logo



COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)