Breaking: Rumors $XRP Could be utilized and Used for CBDC Rumours are swirling about XRP’s potential utilization as a base layer for Central Bank Digital Currencies (CBDCs) or U.S. national funds. Mark Yusko, CEO of Morgan Creek Capital Management, has hinted at discussions surrounding assets like XRP, ADA, and HBAR being included in U.S. strategic reserves, alongside Bitcoin. This speculation ties XRP’s founders to high-profile connections, including alleged ties to Eric Trump.
Yusko’s statement adds fuel to the fire: “There is some talk that XRP could be utilized and ordered to be used for a central bank digital currency or as the base layer for national banking.” While intriguing, it’s crucial to separate hype from reality. XRP’s ongoing SEC appeal and its price rally to $3.02 already present compelling narratives without unsubstantiated rumors.
CME Group Futures for XRP and SOL
In another significant development, the Chicago Mercantile Exchange (CME) Group is preparing to launch futures contracts for XRP and Solana (SOL) on February 10, pending regulatory approval. These contracts will offer traders regulated and capital-efficient options to manage exposure to these cryptocurrencies. The futures will be financially settled, with both standard and micro-sized contract options available, providing precise risk management opportunities.
Technical Analysis
XRP’s price action reveals a bullish symmetrical triangle, with a plausible move to $5 if the pattern holds. The RSI at 50 indicates room for upward movement, giving traders an opportunity to capitalize on short-term corrections. Should a prolonged correction occur, XRP might retest its support at $2.86, aligning with the 38.2% Fibonacci retracement level—a strong support area last week. A bounce from this level could drive XRP to new highs, further solidifying its bullish momentum.
Overview of XRP Ledger
The XRP Ledger (XRPL), launched in 2012, continues to demonstrate why it’s a cornerstone of decentralized technology:
- Low Cost: Transactions cost just $0.0002.
- Speed: Transactions settle in 3-5 seconds.
- Scalability: Supports 1,500 transactions per second.
- Green Technology: The XRPL is carbon-neutral and energy-efficient.
The XRPL also pioneered the first decentralized exchange (DEX) and offers custom tokenization capabilities. With over 70 million ledgers closed since inception, the XRPL remains a robust and reliable platform.
Conclusion
XRP’s trajectory is shaped by both technical and fundamental factors. The potential inclusion in U.S. strategic reserves and its rumored role in CBDCs underscore its increasing relevance. The upcoming CME futures contracts add another layer of utility and accessibility for traders. Technically, XRP’s bullish setup and strong support levels position it for further gains. With its cutting-edge technology and a proven track record, XRP continues to solidify its role in the evolving crypto landscape.
Ripple
Ripple (XRP) - ATH Break-Out - 5th WaveMARKETSCOM:RIPPLE ( CRYPTOCAP:XRP ) spiked in Q4 of '24, as per my predictions and tracking.
I managed to ride the #Bullish #Wave, but only half way.
Even though knew it was gonna' create a new #ATH, I got paper hands and cashed in at the 1.5 USD Mark.
That's because I was expecting back then a bigger #Correction, which was short-lived.
I was left holding the bag... anyway I'm OK with it, CRYPTOCAP:BTC & CRYPTOCAP:SOL did well.
BITSTAMP:XRPUSD at #ATH, What's Next?
A last push in the 5th of 5th Wave, to finalize the #Impulse.
This is because MARKETSCOM:BITCOIN is also #Bullish.
BINANCE:XRPUSDT - #TechnicalAnalysis
- #ElliottWave #Impulse in Intermediate (C) (white)
- 5th Wave Completion
- #ATH #Break-Out
- Nov '17 / Jan '18 Fractal
My MARKETSCOM:RIPPLE #Long Levels
- Entry @ 3 USD
- SL @ 2.3 USD
- TP @ 5 USD (it can go higher)
What About After This?
Honestly, I am not keen on CRYPTOCAP:XRP that much, even though the Media Sentiment is off the hook.
Why? Because it simply does not have a #Bullish / #Impulsive Structure.
It's full of #Corrective features, which makes it a Larger Degree B Wave.
Conclusion: A considerable #Retracement right after, similar to the one in '18.
This could be because Bitcoin Dominance ( CRYPTOCAP:BTC.D ) would correct, while #Altcoins Market Cap ( CRYPTOCAP:TOTAL3 ) will also spike above its #ATH.
Can RIPPLE continue its journey north?CRYPTO:XRPUSD is taking a slight pause from travelling further north. However, can this strong buying be maintained? Well, we need some clearance first. Take a look at the video and tell me if you agree in the comments below.
MARKETSCOM:RIPPLE
RISK DISCLAIMER
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XRP is forming a 'potential' bearish divergence on the weekly.XRP looks to be forming a potential minor bearish divergence on the weekly chart. I still think that XRP has plenty of room to run, but we need the bullish momentum to continue in order to negate what could be a minor bearish divergence on the weekly chart.
I'm not saying that it's definitely going to form, or that it will necessarily be bearish, but it has the potential to do so. This is something that we, as traders and investors, need to be aware of and take into consideration, depending on the trades you're considering.
Just something to think about.
Good luck, and always use a stop loss!
XRP Price Outlook: Analyzing AI Predictions, News, and PotentialRipple (XRP) Price Prediction: AI Suggests XRP Will Pump To ATH, and XRP News Today - What Could Drive XRP Up to $10+ in 20251 The information provided in this article is for informational purposes only and does not constitute investment advice. Please do your own research before making any investment decisions.
Introduction
Ripple (XRP) has been a hot topic in the cryptocurrency world for years, and its price potential has been a subject of much speculation.3 Recently, AI-powered price predictions have suggested that XRP could be on the verge of a significant pump, potentially reaching a new all-time high (ATH).4 In this article, we'll delve into these predictions, explore the latest XRP news, and discuss the factors that could drive XRP's price up to $10 or more in 2025.
AI-Powered Price Predictions
Several AI-driven platforms have made bullish predictions for XRP's price in the coming years.5 These platforms utilize sophisticated algorithms that analyze various data points, including historical price data, trading volume, market sentiment, and news events, to generate price forecasts.6 While the exact predictions vary, many suggest that XRP could reach new ATHs in the near future.
It's important to note that AI-powered price predictions are not foolproof. The cryptocurrency market is highly volatile and influenced by numerous factors that are difficult to predict.7 Therefore, these predictions should be taken with a grain of salt and used as just one tool among many when making investment decisions.
XRP News Today
Several recent developments could positively impact XRP's price. Here are some of the most noteworthy news items:
• Ripple's ongoing legal battle with the SEC: While this lawsuit has been a significant overhang on XRP's price for years, recent developments suggest that a resolution may be on the horizon. A favorable outcome for Ripple could remove a major source of uncertainty and boost investor confidence.
• Ripple's expanding partnerships and adoption: Ripple continues to expand its partnerships with financial institutions worldwide.8 These partnerships increase the real-world use cases for XRP and could drive demand for the token.
• XRP's potential role in central bank digital currencies (CBDCs): As governments around the world explore the development of CBDCs, XRP's technology could play a crucial role in facilitating cross-border payments and interoperability between different CBDCs.9
Factors That Could Drive XRP Up to $10+ in 2025
Several factors could contribute to a significant increase in XRP's price in 2025:
• Increased adoption by financial institutions: If Ripple continues to secure partnerships with major financial institutions, the demand for XRP could increase significantly.10
• Regulatory clarity: A favorable resolution to Ripple's legal battle with the SEC could provide much-needed regulatory clarity for XRP, attracting more institutional investors.
• Growth of the cryptocurrency market: The overall cryptocurrency market is expected to continue growing in the coming years.11 This growth could have a positive spillover effect on XRP's price.
• XRP's utility in cross-border payments: XRP's speed and cost-effectiveness make it an attractive solution for cross-border payments.12 Increased adoption of XRP for this purpose could drive demand and price appreciation.
Conclusion
While predicting the future price of any cryptocurrency is challenging, several factors suggest that XRP could have a bright future. AI-powered price predictions, positive news developments, and increasing adoption by financial institutions all point towards a potential price surge for XRP in the coming years.13 Whether XRP will reach $10 or more in 2025 remains to be seen, but the potential for significant growth is definitely there.
Please note: The cryptocurrency market is highly volatile, and investments in cryptocurrencies can be risky.14 It's essential to do your own research and consult with a financial advisor before making any investment decisions.
XRP Breaks Out Of Bull Flag And Targets $4+Technical analysis points to a potential surge for XRP as it breaks out of a bullish pattern.
Key Points:
• XRP has broken out of a bull flag pattern, signaling a potential continuation of its recent upward trend.1
• A popular cryptocurrency analyst predicts a price target of $4+ for XRP.2
• The $4+ target is based on Fibonacci extension levels and the classic bull flag projected move.3
• XRP has recently experienced positive developments, including a favorable court ruling and a positive shift in the political climate.4
• The cryptocurrency market is highly volatile, and predictions should be approached with caution.5
XRP, the native token of the XRP Ledger, has recently shown promising signs of a potential price surge.6 According to a popular cryptocurrency analyst, XRP has broken out of a key technical pattern known as a bull flag, which could propel its price to the $4+ mark.7 This prediction has generated significant excitement among XRP investors and the broader cryptocurrency community.
Bull Flag Pattern
In technical analysis, a bull flag is a chart pattern that indicates a brief pause in an upward trend before it continues.8 The pattern resembles a flag on a pole, where the pole represents the preceding price surge and the flag represents a period of consolidation.9 A breakout above the flag pattern typically signals a continuation of the upward trend.10
The recent breakout of XRP from a bull flag pattern suggests that the cryptocurrency may be poised for another leg up in its price. This technical analysis aligns with the prediction of a well-known cryptocurrency analyst, who has identified a price target of $4+ for XRP.11
Analyst Prediction
The cryptocurrency analyst, who has a proven track record of accurate market analysis, has pointed out that XRP's breakout from the bull flag pattern coincides with strong technical signals that indicate further upward movement.12 The analyst's prediction is based on Fibonacci extension levels, which are used to identify potential price targets based on the mathematical relationships within the Fibonacci sequence.13
The convergence of the bull flag pattern breakout with the Fibonacci extension levels at $4+ provides a compelling case for a potential surge in XRP's price.14 This target represents a significant upside potential for the cryptocurrency, which has been trading in a relatively narrow range in recent times.15
Positive Developments
In addition to the technical analysis, XRP has also benefited from recent positive developments that have contributed to the bullish sentiment surrounding the cryptocurrency.16
A significant development was a ruling by a federal judge, who stated that XRP is not a security when sold to the general public.17 This ruling has provided much-needed clarity for XRP and has boosted confidence in its legal standing. The ruling has also raised hopes that the Securities and Exchange Commission (SEC) may drop its case against Ripple, the company behind XRP.18
Furthermore, the recent inauguration of President Donald Trump, who has nominated pro-crypto Paul Atkins to lead the SEC, has further bolstered market confidence.19 This political shift is perceived as a positive development for the cryptocurrency industry, as it suggests a more favorable regulatory environment.
Market Dynamics
The recent decline in U.S. core inflation has also played a role in the positive outlook for XRP.20 The lower inflation rate has raised expectations of interest rate cuts by the Federal Reserve, which could have a positive impact on the cryptocurrency market.21 Lower interest rates typically make riskier assets, such as cryptocurrencies, more attractive to investors.22
Caution and Conclusion
While the technical analysis, analyst prediction, and recent positive developments paint a bullish picture for XRP, it is essential to approach the cryptocurrency market with caution. The market is highly volatile, and predictions should not be taken as financial advice.
The potential for a price surge to $4+ is an exciting prospect for XRP investors, but it is crucial to remember that the cryptocurrency market is influenced by various factors, including regulatory changes, technological advancements, and macroeconomic trends.23 These factors can significantly impact prices, and it is advisable to conduct thorough research and consult with financial advisors before making any investment decisions.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice.
XRP Drops 9% from All-Time High Amid Profit-Taking WaveXRP has slipped 9% from its recent all-time high of $3.41, now trading at $3.09. This decline is largely attributed to intensified profit-taking, as on-chain metrics reveal heightened selling activity among investors.
The Network Realized Profit/Loss (NPL) indicator, a key metric that measures the difference between the price at which assets were last moved and their current market value, shows persistently positive values. This signals that a significant number of XRP holders are cashing in their profits, increasing market supply and putting downward pressure on the token’s price.
When NPL is positive, it means more traders are selling at a profit than at a loss. This creates an imbalance between supply and demand, leading to potential price drops if buying activity doesn’t match the sell-off.
At its current price of $3.09, XRP risks further declines if the profit-taking trend continues. Analysts predict a potential drop to $2.45, where strong support could stabilize the price. Conversely, if selling slows and demand picks up, XRP might regain momentum and aim for another attempt at its all-time high.
With XRP holding its place as the third-largest cryptocurrency, its next moves are being closely monitored. Will profit-takers rule the market, or can bulls reclaim control? The coming days could determine XRP’s near-term fate.
BREAKING NEWS - XRP Taking Over Bank Of America :)MartyBoots here , I have been trading for 17 years and sharing my thoughts on XRP news here.
XRP is looking beautiful , very strong chart for more upside
This news could send XRP a lot higher
Do not miss out on XRP as this is a great opportunity
Watch video for more details
PS. I will share the XRP link below if possible but not sure if its against trading views rules and dont want to break them
JANUARY 20TH! XRP UPDATE AND TECHNICAL! 🔥 Hey hey, hope everyone's doing well as always. Here we are now at the 20th with Gensler out and Trump now in office. I'll keep this idea brief since I have to leave soon for work so thanks for tuning in!
🔥 In yesterday's idea we noted that today would likely be a green and positive day which to say in the least it has been but we'll take a quick look at the technical:
🔥 In our 30 minute chart we can see XRP did end up breaking out of the descending channel we highlighted in yesterday's idea so that's been great to see and we just barely pulled up to $3.36 before that reversal started once we hit the resistance.
🔥 I decided to add a Fibonacci chart to see if that could help us identify any levels of interest which has worked out! We can see what levels do what now and use those for future reference in the next few hours, days.
🔥 Something of note I wanted to say is that in Trumps America First Priorities speech there was no mention of crypto nor Bitcoin. Investors took that with a heavy heart and we can see things how things sort of revers as the day's gone on understandably. Many we're anticipating trump to make an announcement or executive order on crypto but with that not looking to be the case we're getting this sorta buy the hype sell the news event.
🔥 Doesn't mean we're in a bad position but that's simply what looks to be driving today's market action. I've got to get ready for work but wanted to get those highlights and points of interest out for you guys, keep an eye on those levels and that 200 EMA.
🔥 Thanks for the continued support and as always, keep posted for more till next.
~ Rock '
XRP Price Surge: 40M Token Binance Move and Bullish Wedge in FocXRP, the cryptocurrency closely associated with Ripple Labs, has recently experienced notable upward price movement, prompting discussions within the cryptocurrency community.1 While the market is influenced by a complex interplay of factors, a significant transfer of 40 million XRP to the Binance exchange, coupled with the emergence of a bullish technical pattern—a new wedge—has drawn particular attention.2 This article delves into these factors, exploring their potential contribution to XRP's current trajectory.
Recent Price Action and Market Dynamics
XRP's recent bullish trend unfolds within the broader context of the cryptocurrency market. This market is susceptible to various influences, including overall market sentiment (often tied to Bitcoin's performance), regulatory developments, technological advancements within the blockchain space, macroeconomic conditions, and specific news related to individual projects like Ripple. Understanding this context is crucial for analyzing XRP's price movements.
The 40 Million XRP Transfer to Binance: A Closer Look
A key event coinciding with XRP's price appreciation is the transfer of 40 million XRP tokens to Binance, a leading cryptocurrency exchange.3 This substantial transfer, valued at approximately $124.8 million based on prevailing market prices at the time of the transfer, was detected by Whale Alert, a service that tracks large cryptocurrency transactions.4 These "whale" movements, due to their sheer size, can significantly impact market dynamics, although the nature of the impact can vary.5
Potential Implications of the Transfer:
Several potential implications arise from such a large transfer to an exchange:
• Increased Liquidity and Trading Activity: Transferring a large volume of XRP to Binance inherently increases the token's liquidity on that exchange. Higher liquidity generally leads to tighter bid-ask spreads, making trading more efficient.6 The increased availability of XRP on Binance could also stimulate higher trading volumes, potentially contributing to price volatility, though not necessarily a price increase in itself.
• Facilitation of OTC Trades: It's essential to consider that large transfers to exchanges don't always signify immediate selling pressure on the open market. These transfers can also facilitate Over-the-Counter (OTC) trades, where large buyers and sellers negotiate transactions privately, using the exchange as an intermediary for settlement.7
• Market Perception and Speculative Trading: Large transfers can influence market perception and trigger speculative trading. The perception that a major player is moving XRP to an exchange can be interpreted in various ways, leading to both buying and selling pressure based on speculation about the intent behind the transfer.
• Exchange Listing or Market Making Activities: In some cases, large transfers to an exchange can be related to listing agreements or market-making activities, where the exchange or a designated market maker ensures sufficient liquidity for the token.
The Emergence of a Bullish Wedge Pattern: A Key Technical Indicator
Beyond the on-chain activity represented by the transfer, a significant development in XRP's price action is the formation and triggering of a bullish wedge pattern. In technical analysis, a wedge pattern is a converging trendline formation that signals a potential reversal in price direction.8 A falling wedge, specifically, is considered a bullish pattern that indicates a potential upside breakout.9
• Identifying the Wedge: A falling wedge is characterized by two converging trendlines, with the upper trendline declining more steeply than the lower trendline. This pattern suggests that selling pressure is weakening, and buyers are gradually gaining control.
• The Breakout and Confirmation: The crucial point is the "breakout," which occurs when the price decisively breaks above the upper trendline of the wedge. This breakout is often accompanied by increased trading volume, confirming the strength of the reversal.10 In XRP's case, this breakout has recently occurred, triggering the pattern and suggesting further upward momentum.11
• Price Target Implications: Technical analysts often use the height of the wedge at its widest point to project a potential price target after the breakout.12 This provides a rough estimate of the potential upside movement.
Combining On-Chain Data and Technical Analysis:
While the 40 million XRP transfer provides insights into on-chain activity and potential market dynamics, the emergence and triggering of the bullish wedge offer a crucial technical perspective. The combination of these two factors strengthens the case for a potential sustained upward movement in XRP's price.
Other Contributing Factors:
It's crucial to acknowledge that other factors may also contribute to XRP's price increase:
• Overall Market Sentiment: The general sentiment in the cryptocurrency market plays a significant role. A bullish overall market can lift most cryptocurrencies, including XRP.13
• Ripple's Legal Developments and Business Activities: Any positive developments regarding Ripple's ongoing legal battles or its business activities, particularly in the realm of cross-border payments, can positively influence XRP's price.
• Regulatory Clarity: Increased regulatory clarity regarding cryptocurrencies, especially in key markets, can boost investor confidence and drive up prices.14
Conclusion:
XRP's recent price increase is likely a confluence of factors. The 40 million XRP transfer to Binance could have contributed to increased liquidity and trading activity, potentially facilitating OTC trades or influencing market perception. However, the emergence and triggering of a bullish wedge pattern provide a strong technical signal of potential further upside.15 These factors, combined with overall market sentiment, Ripple's developments, and regulatory news, create a complex but potentially positive outlook for XRP. As always, investors should conduct thorough research and exercise caution when making investment decisions in the volatile cryptocurrency market.16 The combination of on-chain data and technical analysis provides a more holistic view than either approach in isolation.
Xrp - Two Digits After The Breakout!Xrp ( CRYPTO:XRPUSD ) is about to break out:
Click chart above to see the detailed analysis👆🏻
Just three months ago we finally saw the overall expected symmetrical triangle parabolic breakout on Xrp. However Xrp is now retesting the previous horizontal all time high resistance. With all the bullish momentum a breakout is very possible, leading to two digits.
Levels to watch: $2.5, $10.0
Keep your long term vision,
Philip (BasicTrading)
Skyrexio | Ripple XRP Has Almost Finished The Bull Run!Hello, Skyrexians!
I hope you remember our legendary article about BINANCE:XRPUSDT analysis where we pointed out that it will reach $3.8 in this 11 year supercycle. Recently this asset has almost reached the target and the bull market is almost done.
Let's take a look at the weekly time frame. We can see the clear Elliott waves structure. Wave 3 now is in progress, but it's even above the extended target area between 2.61 and 3.61 Fibonacci, this can be the case for altcoins for sure. Moreover Multilayer AC Strategy confirmed the true pump on XRP this time with the signal.
Anyway we suppose that wave 4 can start anytime now. This is not going to be the fast drop, more likely to see the distribution during 2025. The target for correction, which is reachable is 0.38, approximately $2.
Best regards,
Skyrexio Team
___________________________________________________________
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xrp ripple long longterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
XRP Set to Explode: The Bull Run Everyone’s Been Waiting For!XRP is showing strong potential for a significant rally, supported by positive fundamentals, Ripple's ecosystem growth, and a clean technical setup. Here's why this trade looks highly favorable:
1. Pro-Crypto Momentum from U.S. Administration 🏛️
The incoming U.S. administration, led by President-elect Donald Trump, has introduced a clear pro-crypto agenda:
Regulatory Clarity: Plans to promote crypto-friendly policies that enhance adoption and innovation.
Strategic Support: Positioning the U.S. as a global leader in blockchain and digital assets, bolstering investor confidence in major cryptocurrencies like XRP.
This shift in the regulatory landscape is a bullish catalyst for the broader crypto market, with XRP positioned to benefit significantly.
2. Ripple's Ecosystem Expansion 🌐
Ripple continues to drive adoption and utility for XRP through innovative developments:
Native Smart Contracts: Expanding XRP's functionality to support decentralized applications and enterprise use cases.
Stablecoin Integration: Enhancing XRP's role in cross-border payments and decentralized finance (DeFi).
These advancements solidify XRP’s position as a leader in utility-driven crypto assets, attracting both retail and institutional interest.
3. Technical Setup: Bullish Flag Formation
On the 2-hour chart, XRP/USD has formed a textbook bullish flag, a continuation pattern signaling further upside:
Entry: Buying now at $3.01.
Take Profit Levels:
TP1: $3.22
TP2: $3.50
TP3: $4.00
4. Broader Market Sentiment 📈
Bitcoin’s Rally: Bitcoin surpassing $100,000 has brought bullish momentum to altcoins, with XRP following suit.
Analyst Predictions: Short-term targets for XRP are at $4.50-$5.25, fueled by both technical patterns and market optimism.
What’s your take on XRP’s potential?
Are we about to hit $4.00 and beyond? Share your thoughts in the comments below!
$XRP sellers missing gains. Don’t fall for the “sold my XRP I’m done” posts..
Look at the RSI we’re in an over sold area heading up into the over brought area.
So really you buy the over sold and sell the over brought areas aka sell high RSI buy lower RSI.
That’s just one way to note potential entry or exit points.
CRYPTOCAP:XRP isn’t done why? CRYPTOCAP:ETH and CRYPTOCAP:BTC aren’t done.
XRP 4400% @ 10x LevXRP (RIPPLE) Massive Long Trade Caught with 4400%+ open P&L (running trade)
This XRP long trade has been one of the biggest winner so far from 2024 and 2025.
Was a bit skeptical taking the trade at 10X leverage, I usually do 5x
Took a small trade of $500 which is currently at $22k odd open P&L
Let me tell you, XRP is still looking super bullish, the steam isnt over.
So, I am gonna stick around and see how it goes, or wait for the reversal on the Risological Options Trading Indicator that I have used to catch this MASSIVE trade!
XRP Longs ONLY XRPUSD BUYS - Daily Bull Flag Still Good?🟢You know by now SeekingPips is looking for any opportunities to add to our XRP holdings.
🟡Yellow line is current line in the sand.
Needs to hold $3 otherwise an equal move down on this timeframe still leaves the Daily Bull Flag Valid.📈
📉LIKE, BOOST & SUBSCRIBE NOW 👍
GENSLER'S EXIT AND TRUMPS INAGURATION! XRP IMPACT🔥 Hey hey, hope everyone's doing well today. Sure most of you are busy so I'll keep this short and concise. Thanks for tuning in as always.
🔥 With the exit of the SEC's Gary Gensler tomorrow as well as trumps inauguration in which many are anticipating, expecting trump to execute a series of executive orders, primarily in regards to the digital asset industry as he's voiced his support of cryptocurrencies and America holding a dominant position in the field.
🔥 Alongside trump's Inauguration we have Gary Gensler's exit which the crypto and digital asset industry is celebrating and no doubt that will be met with positive sentiment tomorrow alongside trump's inauguration. In lieu of Gensler's exit the SEC has also seen a number of ETF submissions highlighting what many are looking to as a positive road ahead for the digital asset space as many expect the SEC will take a kinder stance to the digital asset space now with Trump as soon to be president and Gary Gensler out of office. Referenced below is an article highlighting the recent ETF submission for any interested.
cointelegraph.com
So definitely expecting prices to be volatile tomorrow, anything can happen but as far as I can see, things look positive, it's been years in the work, but things are working well for Ripple and it's holders. We've persevered and the wait will be well worth it.
🔥 And as for a quick technical look, we're still within this descending channel so I'll be keeping an eye on that to see whether or not we can get a breakout or if we'll continue the trend down though with how tomorrow is looking, chances are we'll have a green day to say in the least. I've attached a 30 minute chart below for reference as well:
🔥 Have to go but as I said, a short and concise idea. Expect tomorrow to be volatile with news and positive sentiment likely driving the market so keep note of that and keep posted as always, let's make the best of it and thanks for tuning in, till next!
~ Rock '
XRP macro analysis ⏰ ripple ✴️As predicted case win to bottom everything got completed 🚀
BITSTAMP:XRPUSD from 2021 announced everything on track 😏
Here macro analysis on RIPPLE ✴️ BINANCE:XRPUSDT ....... Long term 📌 #DYOR
Buy :: $0.35 - $0.55 ( use only 70-80% liquid 💰 )
Sell :: $3 - $6 - $9 ( I am not expecting more than these )
#imo ( in my opinion ) -->> my personal target is $6
Let's talk about TECHNICAL ANALYSIS there n number of charts 📉 avilable with me to provide but simple way i provided here 😃 different ways of working charts will be provided below 👇
26 BARs from top 🔝 bull 🐂 run trend line formation was broken 😂 same still going 3rd time
But there was negative sign bcs still price doesn't breach $1
This is the main reason I said used only 70-80% liquid 💰
Here my backup plan on BITSTAMP:XRPUSD using remaining liquid 💰 30-20%
BUY :: $0.045 - $0.0856
Sell :: $0.4 - $0.6 ( i will close when it shows my liquid )
Very less chances are there to get active negative scenario 📌
Note 📌 i will update under post any news 🗞️ or qucik move on price & every time crucial update
Chart updates every 3-6 months
So make shure following article also update you whenever I am updating it 🤍
Giving boosting 🚀 is ur responsibility updating is my responsibility 😏
I keep wave , liquid supply and demand etc ... Charts 📉 🧵 👉
XRP - Next Target => $4Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 According to our last analysis (attached on the chart), XRP has reached our $3 target.
What’s next?
🏹As long as the all-time structure marked in green and the $3 round number hold, the bulls will remain in control, potentially pushing towards the upper bound of the red channel around $4.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich