XRP in Freefall  The worst thing about fear is that it starts a vicious cycle. Panic only begets more panic. And if you’re

Ripple insight analysis XRPUSD for November 15, 2017

Ripple insight analysis XRPUSD for November 15, 2017

  • XRPUSD  is trading at the level of 0.1978 there is a presence of a flat trend over Ripple

  •  expected to rebound and continue the growth of Ripple

  • a trend in favor of the bearish Trade in Ripple

XRP’s downswing is coming to an end, forming what seems very familiar back in late April 0.27% -0.33% -0.33% – early May 2017; the Symmetrical Triangle. 

CURRENCY TRADERS Ripple insight analysis  Ripple XRP/USD is trading at the level of 0.1978. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 0.1950 is expected, from which it is expected to rebound and continue the growth of the cryptocurrency with the target close to 0.2000. Earlier, a weak signal was received for sale of Ripple cryptocurrency, due to the crossing of signal lines at the level of 0.2070.

Cancellation of the variant of growth of quotations Ripple will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.1920, which indicates the change of the flat trend in favor of the bearish one. Expect to accelerate the growth of quotations of cryptocurrencies is with the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing above the level of 0.2100.

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XRP/USD Q4-17 to Q1-18 Elliot/Pattern/Gann by nlizotte on TradingView.com

RIPPLE Anaylsis

DateOpenHighLowCloseVolumeMarket Cap
Jan 08, 2018287.73289.07237.66255.761,182,080,00015,726,800,000
Jan 07, 2018296.05305.53281.93288.451,055,400,00016,178,100,000
Jan 06, 2018249.77323.12249.41296.452,264,740,00013,645,300,000
Jan 05, 2018241.03256.15237.88249.271,710,600,00013,164,800,000
Jan 04, 2018245.47245.47227.01241.373,481,550,00013,403,400,000
Jan 03, 2018255.69260.74243.13245.373,215,280,00013,957,800,000
Jan 02, 2018228.99263.63228.99255.681,237,950,00012,496,900,000
Jan 01, 2018231.67236.63222.20229.03633,142,00012,639,700,000
Dec 31, 2017216.97237.79213.81232.10771,042,00011,835,100,000
Dec 30, 2017245.09245.43208.20218.96943,667,00013,364,800,000
Dec 29, 2017250.35258.04238.33245.501,392,210,00013,648,200,000
Dec 28, 2017272.13273.18231.38249.932,593,240,00014,831,200,000
Dec 27, 2017286.59290.94264.42272.17777,138,00015,615,200,000
Dec 26, 2017273.11289.51272.26286.50842,993,00014,876,400,000
Dec 25, 2017277.49286.79269.57273.39804,377,00015,111,400,000
Dec 24, 2017291.01291.01251.04275.981,122,910,00015,842,900,000
Dec 23, 2017269.27312.67261.64288.271,352,580,00014,655,200,000
Dec 22, 2017319.26320.30187.48264.932,938,040,00017,371,200,000
Dec 21, 2017314.66339.74299.53317.461,555,940,00017,116,600,000
Dec 20, 2017349.60349.60308.63314.622,104,060,00019,012,500,000
Dec 19, 2017359.13375.29335.68350.252,150,480,00019,525,500,000
Dec 18, 2017318.95360.93302.00358.341,966,600,00017,336,500,000
Dec 17, 2017301.78332.59301.78318.721,703,580,00016,398,800,000
Dec 16, 2017299.34309.90290.13298.971,291,380,00016,260,700,000
Dec 15, 2017280.97316.41251.22299.782,599,940,00015,258,500,000
Dec 14, 2017301.20311.32265.66279.332,114,880,00016,352,400,000
Dec 13, 2017315.36341.80287.48302.603,409,790,00017,116,500,000
Dec 12, 2017212.46341.72209.68316.166,961,680,00011,528,600,000
Dec 11, 2017148.26225.29147.34214.202,913,980,0008,042,020,000
Dec 10, 2017155.63155.63130.16148.661,087,340,0008,438,840,000
Market Quotes by TradingView

READ  Ripple forecast & analysis XRPUSD Continued lower Dec 10

READ  Ripple weekly Overview Extends upward Trend Dec 4 - 8
READ  Ripple insight XRPUSD Mostly flat Dec 17

|BITCOINRIPPLEDASHCOIN  |  Ethereum  | LTCUSD newsZCASHEthereum Classic  | BITCOIN CASH  |  Monero  |  

Market Quotes by TradingView

Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.

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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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