XRP is well on it's way to making gains that will shock people!XRP has been lagging behind the majority of the market for quite some time since the recent breakouts began market-wide, but this is, has, and will continue to be the case until it isn't. XRP has always had a knack for taking its time while other cryptos fly, then suddenly making up that ground in a matter of hours or days.
XRP is going to make gains over the next few years that will shock even those with the most ridiculous price predictions.
With everyone screaming "XRP is trash," "I sold all my XRP and I'm so happy about it," now is the time to be positioned for the inevitable rise to come. Remember, 90% of investors/traders lose money, so doing the opposite of the crowd will put you in the 10%.
Be the 10%!
Good luck, and always use a stop-loss!
Ripple
Inverse h&s target hit on xrpusd; now the head of bigger invh&sWe just hit the 4 hour charts inverse head and shoulder breakout target for xrpusd (shown here in teal). In doing so we actually formed another slightly bigger, daily chart inverse head & shoulders pattern (shown here in brown) The head of the brown inverse head and shoulder’s pattern is actually the entire teal invh& pattern. Let’s see if price action becomes attracted to the dotted brown trendline like a magnet which is often what tends to happen during the breakout. *not financial advice*
XRP to 2 dollars or to the new ATHs ??Like so many out there, i have resentment over xrp, but then this beauty of a thing is showing bullish signs, off which i cannot just ignore. While other hate on xrp, others are about to get richer because of it. so who am I not to jump in on the band wagon as well.
Based on the chart:
Correction complete from 26 April 21 till 13 jun 22, then accumulation complete as well.
Bull market started 02 Jan 23 and is currently in progress.
At the current price, I'm adding more on my spot bag, as this is the entry price for those who are looking at trading this pair. Im gonna be taking longs from here as well, hope you have an awesome trading week ahead, ATB.
NFA as always.
XRP USDT - RİPPLE | 1H | TECHNICAL CHARTHello traders, BINANCE:XRPUSDT I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
🌠 XRP BTC AND THE BIG PICTURE! 🌠🌠 Well. To say it's been a wild month but be a bit of an understatement lol. It's crazy to see how quick things move in this space. Stocks is one thing but crypto? It's a whole different entity in itself and one which I'm grateful to be a part of. Hope everyone's doing well, I'm feeling a lot better today so thought I'd get a detailed but very important post out here for you all, thanks for coming of course!
🌠 I haven't really added anything to this chart aside from the two black trend lines to point out that ascending channel before we had the exit and prompt fall thereafter. So all of the horizontal lines and everything are the same markers we've had for months now. It's a good sign that the chart's are sticking to those historical price points and shows us that these levels are still putting in the work great enough to see.
🌠 Explains why we've managed to get that boost up to 0.736 before hitting that resistance level and retracing to this next horizontal level of 0.688 by which things look now to be in the midst of a battle between bulls and the bears. The next two support levels below that then are 0.65 and 0.624 for future reference should we fail to sustain pressure up here and fall back.
🌠I'll wrap things up soon so don't fret, just wanted to give two very big picture idea's of what we're looking at on behalf of XRP as well as Bitcoin's weekly charts as shown below:
🌠 To start off, XRP's chart looks promising and personally looks like we may get a breakout, it may not be in the next hour, the next day, or even week but at one point or another it's more than likely we'll be getting a breakout soon enough. We've technically already broken out of the wedge on the weekly but the main factor to take into account here is Bitcoin. Bitcoin is obviously gonna have a lot of influence and when looking at Bitcoin's chart we can see that the new all time high looks wild to see.
🌠 We're at a precarious point in the least to say, this could be the start of the next rally for all we know, Bitcoin is trending, we've got the halving and the new is positive but whether or not that can be sustained and continue will have to be seen. I personally don't like the fact that we've climbed up this high this quick, especially Bitcoin to it's ATH, It puts us in a good position for a mountain fall or selloff but then again we've got the halving and the overall sentiment is positive. Just the pace of everything is the only thing that irks me.
🌠 We've come up like a rocket and we'll have to see if we can continue with that boost and break through the atmosphere and continue, if not, we may be in a position for one more fall back down before continuing our ascent but definitely set a couple price alerts if you want to keep an eye on things or enter at a lower point, I'm personally hoping to see a bit more of a retracement but fall or rise, I'll take both.
🌠 I think I've detailed enough, I appreciate those of you that continue to stick by my side and join me for these ideas, simply wanted to give some quick insight and thoughts of my own but I hope everyone is doing well as always. You guys absolutely rock. Here's a quick cheers till next of course. 🥂
~ Rock '
XRP - Support is holding strong, Only way is UP BINANCE:XRPUSDT (1W CHART) Technical Analysis Update
XRP is currently trading at $0.6642 and showing overall bullish sentiment after holding the support strong for more than an year.
Price is respecting it's well established support zone and currently we can see price breaking out from the triangle pattern. This is a clear confirmation that xrp is finally showing some momentum after being at the same price for around 2 years.
We
Entry level: $ 0.6875
Stop Loss Level: $ 0.4831
TakeProfit 1: $ 0.7688
TakeProfit 2: $ 0.9304
TakeProfit 3: $ 1.099
TakeProfit 4: $ 1.499
TakeProfit 5: $ 1.900
Max Leverage: 2x or Spot market
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Ripple can correct to support area and then start to riseHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the correction, but soon it turned around and rose to the current support level, which coincided with the support area, after which the price turned around and made a strong downward impulse to 0.5385 points, thereby exiting from the upward channel. Also, price started to trades in a triangle, where it rebounded from support line and made impulse up higher than the 0.5825 level, after which XRP made correction to this level. Then price repeated the upward impulse, and at this moment it exited from the triangle and reached the current support level and soon broke it. After this, the price continued to move up, but recently it turned around and started to decline to support area, after which it bounced up, so now I think that Ripple can decline to support area again and then rebound up. Therefore I set my target at the 0.7360 level. Please share this idea with your friends and click Boost 🚀
XRP Price Hits New 2024 PeakThe CRYPTOCAP:XRP cryptocurrency has once again captured the spotlight as its price soared to a new year-to-date high of $0.7440 on Monday, marking a significant milestone in its 2024 journey. However, this surge is not merely a result of market dynamics but is intricately tied to legal battles and technical indicators shaping the future trajectory of Ripple's native token.
Legal Turmoil and Market Impact:
The recent surge in XRP's price coincides with mounting anticipation surrounding key legal developments, notably the ongoing Securities and Exchange Commission (SEC) lawsuit against Ripple. Ripple ( CRYPTOCAP:XRP ), the payment giant behind CRYPTOCAP:XRP , faces allegations of conducting an unregistered securities offering. The looming deadline for the opening brief in this lawsuit has spurred speculation and heightened volatility in CRYPTOCAP:XRP 's price.
Coinbase's Intervention and Regulatory Uncertainties:
Coinbase, a leading cryptocurrency exchange, has thrown a wrench into the regulatory landscape by filing a motion against the SEC, highlighting the regulator's inconsistent stance on digital assets. This intervention underscores the broader regulatory uncertainties plaguing the cryptocurrency market, as stakeholders grapple with shifting regulatory frameworks and enforcement actions.
Technical Analysis and Market Sentiment:
Beyond legal intricacies, technical indicators provide further insights into XRP's price movements. The cryptocurrency's uptrend is reinforced by robust technical momentum, as evidenced by the Moving Average Convergence/Divergence (MACD) and Awesome Oscillator (AO) indicators. Positive momentum and bullish signals suggest continued upside potential for CRYPTOCAP:XRP , with the November 2023 high of $0.7500 emerging as a key target.
Challenges and Potential Corrections:
Despite its upward trajectory, CRYPTOCAP:XRP faces potential challenges, particularly in maintaining support levels amidst market volatility. Corrections to key Fibonacci retracement levels, notably at $0.6886 and $0.6452, pose a critical test for CRYPTOCAP:XRP 's bullish thesis. A failure to hold above these levels could signal a shift in market sentiment and trigger further downside pressure.
Conclusion:
CRYPTOCAP:XRP 's journey to new highs is a testament to its resilience amidst legal uncertainties and technical complexities. As legal battles unfold and regulatory landscapes evolve, XRP continues to navigate choppy waters with a blend of market speculation and technical prowess. Whether it sustains its upward momentum or succumbs to regulatory pressures remains to be seen, but one thing is certain: the fate of CRYPTOCAP:XRP is intertwined with the broader dynamics of the cryptocurrency market.
XRPUSD Its aggressive move has started.XRPUSD followed relatively closely our structure last time we gave a long-term call (September 13 2023, see chart below), hitting our 0.56750 Target:
We now zoom out on the 1W time-frame where the pattern becomes more clear. XRP is about to close a 1W candle above the 3rd Channel Up in a row. If it does, we expect a test of the upper Resistance Zone, similar to what happened on the March 27 2023 1W candle.
As a result, our final Target is intact at 0.9300. Notice that the 1W MACD just formed a Bullish Cross, the 4th since August 2022, which is always a buy signal. On top of that, XRP is closer than ever to the first 1W Golden Cross since the week of April 21 2021, the most bullish pattern we can get amidst this new Bull Cycle.
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XRP: Buyers are back at key resistance Today's focus: XRP
Pattern – Resistance Test
Support – .5778
Resistance – .7265, .8200
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily.
So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will broader market momentum contnue to push prices higher and break resistance, or could we see a new test lower while resistance remains in play?
Good trading.
XRP to the moon ? or something around 2.2USDBased on the transformation of the weekly Moving Average Convergence Divergence (MACD) into a bullish pattern and a significant likelihood of a breakout from the triangle formation, it is plausible to anticipate a substantial surge in XRP's price in the coming weeks.
Technically speaking, the convergence of the MACD lines, specifically the crossover of the MACD line above the signal line on the weekly chart, signals a bullish momentum shift. This is often accompanied by increased buying pressure, suggesting a potential uptrend in the near future. Furthermore, the formation of a triangle pattern typically indicates a period of consolidation, with prices oscillating within a narrowing range. A breakout from this pattern, especially when coupled with bullish MACD signals, tends to lead to a significant price movement.
XRP, as a digital asset, offers several advantages within the cryptocurrency landscape. Firstly, its transaction speed is notably faster compared to traditional banking systems and even other cryptocurrencies like Bitcoin. This attribute makes it ideal for facilitating quick and efficient cross-border payments and remittances. Additionally, XRP operates on a decentralized ledger system, providing security and transparency in transactions while bypassing intermediaries, thereby reducing costs. Moreover, its scalability enables it to handle a high volume of transactions, making it suitable for widespread adoption in various sectors.
In the broader context of the cryptocurrency market, XRP serves as a crucial bridge currency, facilitating seamless transactions between different cryptocurrencies and fiat currencies. Its utility and practical applications contribute to its significance in the cryptocurrency space, positioning it as a viable solution for real-world financial challenges.
Considering these technical indicators and the inherent strengths of XRP, it wouldn't be surprising to witness a price surge, potentially pushing XRP to around the $2 mark in the upcoming weeks. However, as with any financial prediction, it's essential to exercise caution and conduct thorough research before making investment decisions.
💎 BTC/USDT - New ATH ~ $72K , What's Next ? (READ THE CAPTION)With the new review of the Bitcoin chart in the weekly time frame, we see that in the past moments we saw the price reach a new ATH and Bitcoin managed to grow to $72,000! I congratulate Bitcoin holders on this attractive growth! As you know, when Bitcoin reached the level of $70,000 last week, And it even dropped to $58,000, which quickly filled this liquidity gap and we saw its further growth to higher levels! The next possible targets of Bitcoin will be $77,700, $79,000, $85,000 and $100,000 respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Cryptolean Ripple XRP UpdateNow, XRP lacks the momentum, however, it will change soon.
Today, it again tested the key daily support at $0.593 and we saw a bullish rejection.
It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93.
A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher .
An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54.
IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up.
Intraday Chart
The sentiment for the #XRPUSDT 4-Hour chart is neutral
A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657.
A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
RIPPLE - Price can leave triangle and decline to $0.5900 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from support level, which coincided with support area and made impulse up to $0.6055 points.
But at once price declined to support line, after which XRP made strong upward impulse to $0.6310 level.
Then price entered to resistance area, where it some time traded and then fell to support line, after which XRP bounced back.
Soon, price reached resistance line of triangle, and then price turned around and made strong downward impulse to support line.
Also, Ripple broke resistance level and later it rose to this level, but recently price bounced down.
In my mind, Ripple can bounce from support line to resistance level and then fall to $0.5900, exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP Whales Hordes 74 Mil Coins: A Prelude to an Impending Rally?Recently, CRYPTOCAP:XRP , the Ripple-backed token, made waves as it witnessed a significant accumulation of 73.81 million coins from the renowned exchange, Binance.
The news rippled through the crypto community, sparking a flurry of speculation and optimism about the future trajectory of $XRP. At a time when the market is rife with uncertainty, such pronounced movements from whales serve as beacons of hope, hinting at potential bullish momentum on the horizon.
According to data from Whale Alert, four substantial transactions saw CRYPTOCAP:XRP being accumulated from Binance, amounting to a staggering $45.87 million worth of the digital asset. These transactions, orchestrated by anonymous wallets, underscore a growing confidence in CRYPTOCAP:XRP 's long-term prospects, despite the current red trading charts.
The sheer scale of these accumulations has ignited curiosity and anticipation among traders and investors worldwide. It's a testament to the resilience and underlying value perceived within the CRYPTOCAP:XRP ecosystem, even in the face of short-term price fluctuations.
However, the contrasting price action of CRYPTOCAP:XRP amidst these accumulations raises intriguing questions about market dynamics. While the CRYPTOCAP:XRP experienced a modest drop of 0.46% over the past 24 hours, bullish sentiment continues to permeate derivative markets. Data from Coinglass indicates a surge in open interest and trading volume, accompanied by a rise in the token's funding rate. These indicators suggest a growing influx of capital and heightened market activity, laying the groundwork for a potential breakout.
In the midst of this fervor, voices within the crypto community are amplifying the optimism surrounding XRP's future trajectory. Pro-XRP advocate Bill Morgan boldly predicts a new all-time high for the token in 2024, adding fuel to the bullish narrative. Meanwhile, analysts such as Egrag Crypto and Dark Defender maintain their bullish outlook, underscoring XRP's potential to surge towards the coveted $1 mark.
The accumulation of CRYPTOCAP:XRP by whales from Binance serves as a tangible expression of confidence in the asset's fundamentals and long-term viability. It's a signal to the broader market that significant players are betting on CRYPTOCAP:XRP 's resurgence, despite the prevailing market conditions.
As the crypto market continues to evolve and mature, events like these remind us of the intricate interplay between investor sentiment, market dynamics, and fundamental value. While short-term price movements may fluctuate, the underlying fundamentals of projects like CRYPTOCAP:XRP remain robust, offering a beacon of hope for those who dare to dream of a brighter future in the world of digital assets.
HelenP. I Ripple can break resistance level and rise to $0.6665Hi folks today I'm prepared for you Ripple analytics. Some time ago price rose to the support level, which coincided with the support zone, and in a short time broke it, after which it made retest. Then the price rebounded from this level and tried to rise, but soon Ripple turned around and made an impulse down to the trend line. Soon, XRP turned around and continued to rise to the 0.6380 resistance level, which coincided with the resistance zone and even entered to this zone. Later XRP fell below this zone, but soon it in a short time backed up and even rose to 0.6685 points, after which the price turned around and made a strong impulse down to the trend line, thereby breaking the 0.6380 level again. As well soon, XRP broke the trend line and declined lower support zone with a 0.5600 level, after which it turned around and soon rose higher 0.5600 level. Then price rose to the resistance level, but recently it rebounded and now trades close to this level. For my mind, Ripple will reach this level again, break it, and make retest, after which the price can continue to move up to the trend line. For this case, I set my target at the 0.6665 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Ripple's Rise: Opportunities and Risks
The digital currency known as Ripple, currently trading just above the $0.50 mark per token, has garnered significant attention in the cryptocurrency space. Despite its momentary peak above $1 in 2021, its historical high remains a swift surge to $3.84 witnessed three years earlier.
As the functional token of the RippleNet international-payments network, Ripple's value has typically lingered below the one-dollar threshold. This prompts Ripple investors to speculate: Can we anticipate a gradual price increase in the coming years, or is a surge to $5 within reach in the near future?
While optimism surrounds Ripple and its token holders, expecting substantial price surges in 2024 may be unrealistic, and setting a $1 target for the next few years seems ambitious. The true potential for wealth accumulation lies in the long term, as RippleNet expands its global presence and garners wider adoption.
However, this optimism is tempered by several challenges that could impede Ripple's growth trajectory:
Legal Battles: Ripple's ongoing lawsuit with the Securities and Exchange Commission (SEC) poses a significant legal hurdle, with the outcome potentially unfavorable for Ripple. Regulatory hurdles from authorities in various markets could further complicate matters.
Centralized Architecture: Ripple's centralized structure, with Ripple Labs as the driving force behind the blockchain network, presents risks. Decentralized systems, embraced by major cryptocurrencies like Ethereum and Bitcoin, offer advantages such as enhanced security and community-driven governance, which Ripple lacks.
Competition: Other cryptocurrencies may outperform RippleNet in transaction efficiency, security, or innovative features, posing a threat to its market share.
Despite these challenges, several factors could drive long-term growth in Ripple's value:
Legal Developments: A favorable resolution to Ripple's SEC lawsuit could alleviate regulatory uncertainties and boost investor confidence.
RippleNet Expansion: RippleNet's extensive reach, spanning over 70 markets globally, positions XRP as a preferred liquidity provider in international transactions, potentially driving up demand and value.
CBDC Partnerships: Ripple's involvement in central bank digital currency (CBDC) initiatives worldwide could open up new avenues for growth, with partnerships already underway in countries like Palau and Bhutan.
While the road to a $1 valuation may be lengthy, Ripple's proactive approach to financial innovation and its expanding ecosystem suggest long-term potential. However, investors should remain vigilant, considering both the opportunities and risks associated with Ripple's journey. A cautious investment strategy will ensure a steady navigation through the evolving landscape of Ripple and the broader cryptocurrency market.
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