Swell
$XRP Buy the rumor - sell the news #SwiftByRippleThe following is an analysis of the probable price movement of XRP before, during, and after the #swellbyripple conference Oct 16-18 in Toronto:
The price movement from the 2017 #swellbyripple conference. Buy the rumor. Sell the news.
Price movement going into the 2018 #swellbyripple conference. Although movement is just as volatile as this time last year, it's not identical (...it shouldn't be). However, the similar "Buy the rumor. Sell the news." setup is showing.
In the last 2 weeks, the wingtrades.com alerts on XRP has profited well over 100% making people thousands of dollars. In order to protect that hard earned capital, I am taking my XRP position off the table to buy in at a lower price. Although I expect the news at the #swellbyripple conference to be ground breaking, the market has a history of "selling the news".
I'd rather miss out on profits on a push here instead of losing tens-of-thousands of dollars when the probability is not in my favor.
XRPUSDT - President Bill Clinton Keynotes Swell 2018These learnings are perhaps more relevant now than ever before. Like the Internet boom of the 90’s, we are at an impasse: digital assets and blockchain technology offer a way for value to be exchanged as quickly as information – creating more financial inclusion and economic opportunity. However, with this new technology comes potential for concern, requiring thoughtful policy to protect consumers from risk without hampering innovation.
Gene Sperling, National Economic Council Director and Advisor under Presidents Clinton and Obama, will moderate a Q&A with President Clinton during the keynote address.
This year’s Swell program will also feature:
Financial services companies using blockchain technology in production
New market opportunity in remittances, e-commerce and corporate marketplaces
Frameworks for regulating digital assets across Europe, Asia and the Middle East
todays bullish volume the same as the biggest 2017Hopefully this shows up correctly on the chart , I tried to connect with a green trendline the bullish volume swell we got today to the biggest one we got in 2017 back on september 15th(which eventually took us to the ATH) . It is currently the same exact volume as it was back then and todays candle is about to close out as a massive bullish hammer. This is the type of hammer worthy of only being picked up by a Thor ....and I do believe bitcoin is that Thor. I say go long! If you can try to buy in at 7300 or under with the grey line on my fib retracement extention currently acting as strong support(6900) and the blue fib retracement line above that one acting as mild resistance(8020). I would say hold wherever you buy in and enjoy the ride because I think we finally found the bottom when it bounced off of the pink trendline around 5950. The signs we're receiving now all say buy. I think we could reach 10,000 in the next week before we see any significant retracement but this is only my opinion I could be wrong...I'm sure we'll at least see small dips along the way with opportunities to sell small amounts of your position just under temporary resistance lines and buy back just above the temporary fib support lines. Here's to the Bull Season. Keep in mind there's still a very slim possibility with all the bull traps and fake breakouts we've had that we could still plummet again but I don't see us doing aything further bearish other than maybe bouncing off the pink trendline once again to form a bullish double bottom worst case scenario...very slim chance at this point.
Ripple XRP Price action before Swell conferenceStrictly fundamentals here. Please do your own research on Swell conference and the people who will be speaking there. And do your research on what/who Ripple is and what XRP does. They have came through with all of their promises and sticking with roadmap. I believe we will see some price action before the Swell conference and will be making a short term position. From a brief TA perspective, we can see the buyers and sellers have consolidated on the daily chart so everything lines up. The Swell conference will be hosted in Toronto by Ripple. Vitalik (Ethereum founder) will be there as well as other corporate giants.
XRP - A very favorable swing trade or investment entry.The price of XRP BITSTAMP:XRPUSD has likely fallen substantially in the past three days due to the major correction the cryptocurrency market has experienced throughout this week. The correction was caused by the rapid growth rate of the cryptocurrency market and leading cryptocurrencies such as Bitcoin, Ethereum and Ripple, that have demonstrated a substantial increase in value in the past month.
But after every correction, there's money to be made. This opportunity lies in front of us and can be very favorable for some of us. It seems that the market is done selling and will look to form higher swing highs.
Price is moving between the longer term support and resistance lines. And at the moment, the price is nearing the middle support line.
The descending trend line we broke at the beginning of October, has to hold the price. The ascending trend line has to support as well.
Furthermore, price has fallen in the 0.618 - 0.786 Fibonacci zone.
We expect to see the price hold around this zone and turn back to the 25 cent area.
Happy trading!
Ripple is a CLEAR BUY from 0,18 cents. Don't let market fool youBefore the doji candle there was a full bullish candle without wigs.
This is a REAL STRONG BULLISH SIGNAL in price action.
There was a fake out doji after it.
Price is doing nothing more then building a new Bullish Wedge.
That is about to breakout to the upside.
Ofcourse fundamental news from the Swell conference will help.
Although you often hear Buy the rumour, Sell the news.
Neither has been valid in this case with XRP.
I trust the longer bullish run as this Ripple XRP price has a long way to go UP.
Also future for Ripple looks bright as is shown during this Swell conference.
Going for the Lambo after Swell? I guess I'll take the PriusFib Spirals are a quirky indicator, you have to place them properly and you can only use them when you reset and lock the scale. But still, it is an indicator I enjoy using because it gives you a better idea of a realistic range during a specific date. Take as an example the range between 10/4 and 10/6.
Too many people are expecting Ripple to moon, I prefer to take a safer trade since I expect Ripple to pump and dump, remember: Buy the hype, sell the news.
The Fear Before the Storm (XRP/BTC)I've put a couple charts together trying to compare the XRP current set up with the beginning of its previous bubble, but I feel like everything is coming together like a perfect storm; including the panic sells we saw on monday. I took the fib levels and tried to match them up with the previous initial run up to try and project the potential price targets for this run up before the Swell conference (Oct 16th). Based on the comparison, first we should see if we can break 7000 sats, followed by a fomo pump to 12000 sats, an immediate sell off as the conference begins (buy the rumor sell the news), and then if the conference has any significant revelations, the follow up pump to 20000 sats. 5 days left, lets see if XRP can separate itself from the pack. The price movement on bitcoin will obviously have a major effect on this chart, and if bitcoin does infact go to $6000 like so many people are forecasting, i imagine this chart will not work out. Let me know what you think, and good luck trading.
Ripple (XRP) good buy point. Currency undervalued!Ripple is a block chain currency that works with banks as an intermediate to move large amounts of money bank to bank without the long transaction time. Ripple is announcing RIPPLE SWELL around October 16-18 which will cause a lot of hype driving up the price. I expect a surge upward for the conference then a quick sell of to take profits. Growth should be smooth from there on out unless there are issue with the coding or structure of the currency itself. Could see growth of 20% in the next week or so
XRP - Potential paths to Swell conference.Its crazy i know, but there are tangents and paths to great heights which coincide with Ripples Swell conference.
For more info on the swell conference click here ripple.com
