I think XRP has broken its upward trend, and as a result, it will drop by 35% along with the fall of Bitcoin.
Given the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could...
⚡ Don't have long so I'm just keeping this short but as always thanks for tuning in. ⚡ I've added two small black arrows to highlight the up and down pressure for this current consolidation channel as we have XRP sticking above that 0.479-0.480 support though we can't seem to quite break that 0.486 resistance and 0.485 seems to be the local resistance. ⚡...
This is a 1D frame analysis for XRPUSDT As we can see, the price can form a rising pattern, but only if it can break through the first resistance line and we have seen signs of a market reversal, we can anticipate a market reversal and if the price holds below the first support line, it can move towards the second support line. However, if it can break through the...
It seems that our Stellar is actually like this if we also consider the analysis of btc, bnb, xrp. First a small drop and then a big rise.
The price of dydx has now reached the resistance zone for the third time but has been unable to break through. Instead, it has experienced a significant decline. Additionally, it has established a lower low in the most recent swing. Therefore, I expect that a new low might be on the horizon.
Last time we looked at XRPUSD (Ripple) was 3 months ago, giving the most accurate pull-back buy entry we could get (see chart below): Following the SEC news on July 13, the price broke above $90 for the first time since April 2022 but since then started a decline which in two aggressive parts eventually broke below the 1D MA50 (blue trend-line) and hit both...
💥 This won't take long, thanks for joining ladies and gentlemen, I'll keep this one short. 💥 XRP's fallen alongside the general market as Bitcoin led the fall tumbling below $26,000 following a short squeeze after the news was revealed that FTX the bankrupt crypto exchange holds over $3.4 billion in crypto assets including $1.1 billion in Solana and $560 million...
Nearly a month ago, federal judge Analisa Torres ruled in favor of Ripple Labs in its case against the U.S. Securities and Exchange Commission. The decision was quickly followed by bullish price action, and XRP rose almost to $1, with many investors claiming this to be only a beginning of a roaring bull market. However, fast forward to today, and XRP still has not...
This here is our current take on BTC, within the Crypto Fund for our investors. We are net short & do expect more downside in the coming month. While majority of retail traders got duped into buying because of the huge pump last Tuesday, we used this LIQUIDITY GRAB as an opportunity to enter sell positions. I won't show our exact target as that is exclusive for...
hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP has been consolidating around 50 cents for a while now and closed the week with a minor loss of 1.7%. This cryptocurrency has strong support at 47 cents, which is not far from the current price. If sellers return, then this level could be tested again, similar to mid-August. The...
⚡️ Not going to make this idea too long, just going to keep it short and simple. But thanks as always for joining ladies and gentlemen. ⚡️XRP's coming up on the end of this wedge which has basically kept on dragging/holding us down. Can see how even with the most recent drop we found support once again at 0.495 and we still find that diagonal resistance striking...
hello traders so after doing a quick analysis on XRP it appears that it might gain 30-40% in the upcoming days / weeks . - the price formed a classic reversal bullish pattern : a double bottom on a key level . - the price broke the neckline of the double bottom violently and it appears that it went down to do some retesting . - if the price manages to break...
Run a parallel channel on a line chart and you will see how bad things are with xrp. It doesn't matter what its fundamentals are, those fundamentals have been there for a long time, but the price is driven by money, not news and cooperation with banks etc. So the only time to buy xrp is already in spring 2024 and globally after 28.
⭐️ Today's idea we'll dive in quick on a new development in XRP's path to success and global utility as Japanese Giant SBI has announced a rather significant expansion on it's partnership with Ripple and SBI Ripple Asia. ⭐️ SBI is SBI Japan or otherwise referred to as SBI Holdings, Strategic Business Innovator Group. It's a financial services company group which...
This chart is looking as good as slice of cherry pie with a scoop of ice cream and a shot of rum! Don't put all your baskets in one egg! (You know what I mean!)
🏊 XRP is still swimming, what more can I say. Thanks for joining ladies and gentlemen, appreciate it. This won't be long. 🏊 Pretty good stuff going on today as XRP's getting what looks like some big buy ins, that with Bitcoin leading the way being at $26,346 now up $600 the past 24 hours alone signaling another buy in from whales, entry. 🏊 There's no news...
Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- A closer look at the daily chart shows a notable drop in XRP price due to elevated selling pressure and an increasing bearish sentiment. The price slipped beneath the crucial 100-day MA at 0.55, reaching the 200-day moving average at 0.5. This downward movement has disrupted the bullish...