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SUMMARY
Ripple has SURGED and many fear that it'll crash back down to where it started. This fear is palpable. I'd like to propose that awareness keeps the fear and panic away. Fear driven trades and investments always get aligator teeth style volatility.
The below chart is my primary count. I believe there are higher highs to go. The current correction is forward discerned to morph into an a,b,c,d,e triangle. Why? Cryptos LOOOOOOVE triangle patterns. Look at how many triangles were patterned before the surge. If so, target is $1.33
Here is a close up of the chart pattern. The a,b,c,d,e has much more clarity when viewed at this higher resolution. The price is already moving up to most likely complete the b wave of an a,b,c,d,e triangle.
I've now added the a,b,c,d,e label. Very enticing!
My alternate is that a classic a,b,c correction ensues. If so, it could be like below. Now, path is different but the $1.33 destination wouldn't change.
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: 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.**
From 2 cents to .74 cents "SWEET!"
@haejin thank you so much, this is really appreciated, the large drop after such massive gains made me really worried, but you just cleared that completely, and now i can finally get some sleep! :) Thanks again and expect a tip when i sell near the top!
Ripple is my long term hold. In 3 years its market cap will dwarf every other crypto. Demand for this coin once banks start showing xrp results will be unheard of. Xrp will be the standard for many banking and overseas online shopping transactions.
Thanks :) Gonna look more into ripple for sure. Glad I did not panic sell!
I agree with you on this. Hold of for as long as possible I say!!!
Thanks Haejin. And my analysis says the same thing.
Can you update me on xrp based on your analysis
Thank you for you share with us !!!
Found your video on Youtube. I like them a lot ! Thank you for analyses !!! Had a little fear with riple, exactly how you explained. Been holding for couple of month and sold everything with price of 0.4 $
=(
Should watch your video day earlier !!!!
Thanks again ! Next time will look at your posts first =)
Restimed and Folowed !!!
By the way. You said about Litecoin up trend soon. Did you change your views on that ???
Good Luck !!!
I heard a rumor that Coinbase may be offering Ripple in early 2018.
Heard the same...if that is true, it would lead to Massive! profits. There was this article below yesterday...it kinda backs some of it up. Also, a former Ripple Exec has joined Coinbase recently.
https://bitcoinist.com/altcoins-coming-coinbase-says-ceo-brian-armstrong/
wow thanks for sharing the news, now that's quite informative!
So just #HODL everybody!
Haejin, any updates on Iota? I think this coin will be huge in the future. Anybody have predictions on Iota for the future (1-5 years)? Also I bought a pretty dead coin many months ago before I learned of your blog and your TA which is EXP (Expanse). I'm not sure if you've ever done a post on this coin or not.
Thank you.
Excellent!
any updates on PowerLedger :D
Thank you! Haejin I finely got my XRP and now im on the sidelines with cash profits.
I got something similar for the pair on the Bitfinex exchange. Can you tell me how it looks?
Please review my tutorials 1-3
Thanks i was just starting took at the ripple charts. I ordered the book you recommended and cant wait to start learning more
@ginquitti Which book?
He put a link in all of his posts that takes you to a book about the elliot waves
Thanks @haejin!
@haejin does the timeline below is to be followed.. so it will reach 1usd until february/march?
Haejin this is exactly what I already experienced!
Based on previous TA I set & sold 25% of my holdings at 1.04, then 25% at 1.24 which oddly enough sold at that price however doesn't show on that exchange that it went above 1.14.
Thinking ill keep the other 50% for later on!
Dont know how that works, however I profited still the same- thank you SIR!!!
happy to see your analysis as I hold some 800 xrp., though its not much .
I had 680 and rounded it up to 1000, right a couple days ago when it was at 0.2 , here's hoping to XRP $1 so we can 5X!
Don't consider the quantity, just be grateful that the amount you invested is worth more today! Let us all be happy of what we gained thanks to Haejin! If you read and listen carefully to his advice, you will turn those "not-so-big" gains into something more impressive weeks after weeks! Mountains need smaller rocks to be made.
Thank you! I was not sure about $1+ higher highs. 😃
Thank you sir. Your ripple post made me 100%!!! Looking forward for thr 1:1
As always, wise words and helpful analysis, confirming your initial forecast. Thank you very much!
Ripple will become stronger and stronger in 2018, now that people believe in it!
I think (hope so!) we will see $1.00 very soon I think this graph is a solid proof of what i'm saying considering this steady position last week, after a sudden pump in price. https://www.tokens24.com/coin/ripple/
Quality posts! Good job.
I'm a trader but a newbie when it comes to crypto but definitely XRP has caught my eye. Just waiting to get verified before I can purchase. For me it's going to be a buy and hold as opposed to trade like I do with stocks and options.
I didn't sell at $1.30! Now the Price is stuck at 1.10-1.15 all day.. Should i sell and rebuy with the first small drop...
My portfolio is weighted 60% Ripple. Great post.
good post i use those free website mining to earn ripple
https://goo.gl/x6HZHi