RIPPLE (XRP) Expected to Tailgate Bitcoin

in ripple •  7 years ago 

SUMMARY

Ripple (XRP) is #3 in total market cap as shown by coinmarketcap.com. I believe Wall Street will purchase Bitcoin and when BTC's liquidity shortage becomes apparent, they will then focus on the top 5 and then the top 10. This might amplify the initial lag effect of Altcoins. However, RIPPLE will be tailgating Bitcoin when confronted by the insatiable crypto appetite of Wall Street.

The below chart shows XRP's initial five wave impulse and subsequent abc correction. The pattern is that of a downward pointing symmetrical triangle. From this pattern, price broke out and is likely impulsing.

The breach completed wave 1 and wave 2 has been an exapnded flat where b is higher than the origin of wave a. IF wave 2 is complete, then 3,4,5 remain to be filled. The targets for wave 3 and 5 could be reached earlier than posted.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Oh please XRP is crap coin.....big mistake buying xrp... now I have 20 coins stuck in wallet.... can’t do nothing with it.

Why is it so many people cant tell the different between "I don't like this" and "it won't make money/won't be successful"?

People like you were saying it won't get past 25 cents days before it went over $2

why you think that xrp is crap coin hahahaah do research first

Start your own fundamental analysis blog then. If it is successful you can look forward to deplorable people starting a flag war to silence you.

traders doesn't care
if wall street is coming they will buy, and we will sell high :-) !!!

☝🏼It’s a short term vision. I prefer to invest in technology

yes

What's that got to do with it?

  ·  7 years ago Reveal Comment

XRP will be more strong. Nothing to worry

oh look over there! There's someone talking trash about a coin he knows NOTHING about! LOOK!
...
See ? Nobody cares what you think, ignorant idiot.

Just keep it and add some more ripple
Ripple business deals
Read more...

  ·  7 years ago Reveal Comment

So, you are talking about berniesanders right?

He's doing nothing wrong.

I like this post @haejin. Thank you.

thats good

  ·  7 years ago Reveal Comment

we hope it happen soon in reality

Haejin, it's not looking good for you in this war. I tried to have a logical discussion about you 90%+ self vote. I suggested that you maybe learn to be giving and use the social aspect of this social media. I feel bad that all your posts are making 0 now. Like I said I feel like you should make 20$ 10 times a day or something. 0 sucks . But after months of making more than 5k every day you owe a bit I suppose so I won't be that sad. Maybe you should go and upvote other people's good content, admit you were a horrible person and rectify you shit past actions. Show that you care about the community you so happily took from for months. You told me to tell both sides in my last comment on the wabi post. I did, many other people did. You remained silent. Is it because knowing both sides makes you look worse?

are you kidding me?
I think Monero or dashcoin will take btc's place

better have a diversified portfolio, but btc is king now and is too much known to not stay king

Both technologically and politically BTC seems like it will lose its positions long term. The 2018 will be the year of masternodes, proof of stake, and bloody fights between the SEC and the scam-ICOs.

Both Dash and Monero look 100x more promising then Ripple due to the decentralized democratic way of voting, holding incentives for the investors and actual technology beint constantly updated.

Ripple survives on the short-term vision claims with more water than actual breakthroughs.

Sure it will go up to 2-3$; like any crypto this summer it will grow but it will never become the next Bitcoin. It’s a scam.

  ·  7 years ago (edited)

Yes, it is not here to fight for decentralisation. It is a business using blockchain technology. If you call it a scam then, google, apple,facebook, all are scam.

BTC, LTC and ripple are the oldest coins still keeping their position under top 10. It will be there for coming years and haters will keep calling it a scam https://coinmarketcap.com/historical/20131201/

Let them anarcho-libertarians who know nothing about XRP's real value talk trash, let them fear the "corporate" and professional side of Ripple's business... They compare XRP with Monero and make me laugh as hell, eversince it is just like comparing the abilities of a lion versus those of a falcon...
In the end you're wasting your time with them, they won't learn. Let them use the "scam" term just like every noob traders do. Who cares actually?...

The way the word scam is misused in crypto is crazy

Thanks for the educational comments. I’ve studied Ripple, read it’s whitepaper and followed its news since last summer. I know what are the ripple technology solutions and which ones are proposed to the banks. Ripple will go up because of the hype that the company is making on the market connecting to the banks.

When I used scam I might’ve been too harsh as there are many coins on the market that deserve this word better. Still I feel like Ripple is not always honest in its press releases. There is a big difference between banks adapting the technology and their innovation departments just using the various new technologies to complete the yearly quote set by the corporate. Ripple is currently used by many banks in a testing mode and won’t necessarily stick. What’s more important is that it’s usually not the coin that’s used but the Ripple’s chat solution for banks.

I’m sorry if I heart anyone’s feelings before. I don’t want to be a troll in the comments but pay a close attention to Ripple.

Buy XLM instead of XRP.

Please everyone. Keep upvoting and commenting on @haejins posts. There are 25,000 people who follow this blog. This post is 4 hours old and has almost 5k views but only about 250 votes.

If we upvote and comment in force to show our approval. The deplorables will not be able to defeat us.

Most views are people just here to see the drama. Half of them probably want to downvote.

You have an interesting narrative that has no sense of history or statistics.

And what statistics would conflict with my narrative? I follow him, I wouldn't upvote. I know many people who do. I read this post, I'm more than 1 of those views now, maybe 6 of them. If you refreshed or came back to this page you are more than one of the views too.. Everyone who downvoted is probably viewing it and following him as well..

I don't think that's how views work. If it is they're doing it wrong.

100% that's how views work.

I believe that XRP is a great coin, it will show us its power ASAP. Just need to be a little more patient and hodlers will be rewarded!

  ·  7 years ago (edited)

I guess you haven't heard of http://coinmetro.info Price projections: https://xcmprice.com
-owned by forex broker FXPIG

  • crypto ETFs
  • altcoin-fiat pairs
    -debit cards
    -margin lending and leverage trading
    etc..

XRP will never ever overtake BTC. I do own a lot of it and think it’s a solid, conservative play in the market due to the banks being tied in. I can see it going to $30 max but anything above that doesn’t make sense.

XRP will never ever overtake BTC.

so?

LRC update!!

Great analys @haejin as always. I have got some ripple aswell but could not hold back not to post this :)
ew-i-stepped-on...-meme.jpg

Haejin,

Can u please do an analysis on which waves tron and verge is?

nice post @haejin. I like your post.

Heard about ripple before but your post make things more clear. thanks for it 😊

I need to stock up on my xrp. Thanks for the info

Do you have good news from Bitcoin Gold?
I have 1 month more waiting, no progress.

Thx. .Resteeeem!!!!:)))

I can see the trailing part, not sure about the upswing on XRP that you are pointing out since Bitcoin may drop yet again as it continues to hover at the same price point.

thank you!

I have a hard time seeing XRP go anywhere

i hope so, still got coins bought at 2$ and i am not planning to sell at loss

couldn't this be a B leg and longer C coming? XRP last time was in correction for a longggggg time consolidating.

What do you think about the future of Bitcoin when almost everybody will be able to create its own Crypto currency?

@haejin Can you update ADA with targets that could be reached after the correction please? ty

Congratulations @haejin, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 34 and the total pending payments to posts in these categories was $1970.35. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 204.86 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment