Ripple insight analysis XRPUSD for November 15, 2017

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.

READ  Ripple prediction | analysis XRP | USD October 3, 2017
READ  Pound Dollar forecast GBPUSD Midday September 29, 2017
READ  Dollar Franc insight USDCHF for November 15, 2017

 



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


RIPPLE Anaylsis

DateOpenHighLowCloseVolumeMarket Cap
Nov 11, 20170.2059480.2144560.2054590.210430134,503,0007,935,490,000
Nov 10, 20170.2182560.2190680.2052600.206483141,033,0008,409,740,000
Nov 09, 20170.2179110.2217910.2148660.217488147,917,0008,396,440,000
Nov 08, 20170.2106750.2214580.2080600.217437156,959,0008,117,620,000
Nov 07, 20170.2051030.2113750.2039780.210354114,073,0007,902,920,000
Nov 06, 20170.2019670.2086620.2014100.205990102,233,0007,782,080,000
Nov 05, 20170.2032740.2051240.2011170.20205546,959,0007,832,450,000
Nov 04, 20170.2080830.2084790.2021330.20375074,013,2008,017,770,000
Nov 03, 20170.2062050.2280260.2017280.208133373,402,0007,945,410,000
Nov 02, 20170.1945960.2118480.1838150.205861197,770,0007,498,090,000
Nov 01, 20170.2002470.2015010.1936130.19412467,921,0007,715,840,000
Oct 31, 20170.2024050.2037780.2004610.20055843,875,7007,798,990,000
Oct 30, 20170.2030760.2041350.2019460.20271134,835,1007,824,820,000
Oct 29, 20170.2013580.2052090.2000750.20278562,511,1007,758,640,000
Oct 28, 20170.2025920.2034760.2014010.20183526,864,9007,806,200,000
Oct 27, 20170.2036680.2044920.2017710.20278529,623,0007,847,650,000
Oct 26, 20170.2044440.2062890.2026600.20362838,193,1007,877,530,000
Oct 25, 20170.2071130.2082370.2018030.20460475,017,5007,980,370,000
Oct 24, 20170.1955670.2175080.1904550.206644220,081,0007,535,480,000
Oct 23, 20170.2035040.2039190.1907290.19692899,914,8007,841,330,000
Oct 22, 20170.2109580.2119010.2007220.20417775,849,5008,128,520,000
Oct 21, 20170.2101890.2123810.2007740.211016116,807,0008,098,920,000
Oct 20, 20170.2150860.2238220.2087540.210549182,704,0008,287,600,000
Oct 19, 20170.2182290.2317900.2083170.215150304,542,0008,408,710,000
Oct 18, 20170.2312160.2381500.2072650.218520354,225,0008,909,100,000
Oct 17, 20170.2560980.2631470.2229390.232064411,265,0009,867,860,000
Oct 16, 20170.2633860.2913590.2490100.256232963,158,00010,148,700,000
Oct 15, 20170.2575370.2684190.2490480.263983280,211,0009,923,310,000
Oct 14, 20170.2611500.2677210.2573200.257320211,160,00010,062,500,000
Market Quotes by TradingView

 
READ  Euro Dollar forecast EURUSD Midday October 5, 2017

READ  Bitcoin insight analysis BTCUSD for November 17, 2017
READ  Ripple prediction | analysis XRPUSD October 25, 2017

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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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