XRP.D trade ideas
XRP Dominance looking to break out from this triangle?Hi guys, we saw massive move today, jus to find it to bounce back whithin the XRP dominance chart. I think we can break, but nothing is for certain looking to move some more into XRP as it can outperform bitcoin in the next run. We also will need to sew Higher volumes for this to happen! I am not 100% convinced yet. Good luck!
XRP.D have some days to complete correction wave pattern XRP.D have some days to complete correction wave pattern
XRP.D What does it say?Let's make this clear that dominance chart does not necessarily indicate pump or dump.
Now here we have falling wedge and descending triangle scenarios separated with an important level.
Closing below the level could result in failure of the falling wedge scenario since it will be considered as strong resistance.
Now what? If the bullish scenario or a similar situation happens then XRP is something to keep in mind.
But if this chart goes bearish then XRP isn't something that you want to invest in even if crypto is heading a bull-run (well unless you short it).
I myself choose the descending triangle scenario but let's see.
XRP Dominance bullishEven though XRPUSD isn’t looking so good at the moment, XRP.D is rising also XRPBTC is rising.... good luck XRP and all of it’s bag holders
$xrp dominance on trackLooking at where the Linear regression ends, we are looking at 13.5% market dominance at the end of this cycle, which is where XRP was 1 year ago. With current Market cap the price of XRP is $0.64, but of course the marketcap will change by 2021.
XRP DominanceCurrently touching the 200 EMA
Looking back on the chart, twice that was followed by huge price action
XRP don't be fooled, it will dump.Three exponential decays in money supply preceded by pumps in all of its history. And the peaks are also exponentially decaying. It is like radio active waste that gets recharged by fiendish wall street algo bots. If tradingview had curve fitting functions we can get a more precise picture of timing, peaks and bottoms.
I am just posting this, because of all the excitement around XRP at the moment. Total2 alt cap is rising, yes, because it is in a bear flag. It will drop soon, and XRP will go down with all the cryptos, including BTC, Because BTC market cap is also dropping. Investors are moving money out of cryptos.
No moon or Alts season, before we see the money comeback and re-accumulation patterns.
Just my 2 cents. In fact i currently hold $20 of XRP. maybe I should sell them and buy myself lunch.
XRP Dominance (XRP.D)XRP's dominance is again challenging the 5.99 point, which is considered a sign of the uptrend.
It is expected to touch 200MA soon.
XRP's dominance would have to rise above 8.04 to get to the Alt bull market.
xrp dominace i posted this a wiel ago asking if this was bullish i guess it is . finding some nice support for now
XRP DOMINANCEXRP down trend continues seem to be following that trend line nicely. could say its finding support...... this is bullish? very intersting ...
Market Cap XRP Dominance (XRP.D)Like XRP chart, XRP Dominance chart is rising.
It is hard to say that XRP's dominance has temporarily increased due to BTC price drops.
After touching the light blue upward trend line, it shows the upward trend and is expected to reach 5.99, the first transition point.
I think the upward trend is from 8.04 and above.
Market Cap XRP Dominance (XRP.D)It's hard to say that it will rise anytime soon, but when you look at the flow of dominance, you'll see that it's short.
XRP DOMINANCE - IT SEEMS XRP HUGE SPIKE INCOMING WITHIN A WEEKEXPECTING FOR SHORT TERM XRP OUTPERFORMS BTC-
- MEANS AT LEAST %32 GAIN FOR XRPBTC
Moon time for XRP.DBlue line is XRP.D White line is BTC.D
Blast off same setup as last moonshot in Septwmber '18
XRP DOMINANCEI'm absolutly no supporter of XRP and I do rarely buy, but it is interesting to analyse the chart.
Breaking the current trendline it needs more time to get a real comeback.
Maybe, just maybe... Once it hits that lower trendline I consider buying XRP.
