Ripple
🔥 BTC/USDT - Pump and Dump ? What Happend ? (READ THE CAPTION)By checking the Bitcoin chart, we can see that yesterday with the fake news that was published by the American SEC Twitter account (it was hacked) and said that the Bitcoin ETF was approved, the price of Bitcoin was pumped up to about $48,000, and after the fakeness of this The news was published that Bitcoin was dumped up to $44,700 again, and this caused FVG to be filled! We will probably see more fall from Bitcoin!
Related News :
• The SEC is a regulator that is responsible for maintaining market integrity in the US.
• The SEC’s X account was hacked and posted a fake news about approving a spot Bitcoin ETF, which is a type of investment product that tracks the price of Bitcoin.
• The fake news caused Bitcoin’s price to spike and then drop, affecting the crypto market and investors.
• Lawyers are calling for the SEC to investigate itself for possible market manipulation and cybersecurity breaches.
Source : Coin Edition
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Best Regards , Arman Shaban
XRP Long Term Bullish OutlookCRYPTO:XRPUSD long term is very bullish.
I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure.
Also outside of technical analysis, xrp or ripple is very good fundamentally and narratively. The narrative of CBDC will be major if the world government implement this globally, i think it will be implemented in 2024 or 2025. It's best to buy XRP now.
Ripple - XRPUSDT - Sleeping GiantGreetings Everyone,
Today we are looking at Ripple's XRP.
Ripple is one of the oldest crypto project and the only project which flipped ETH for second spot in crypto ranking in 2017 bull run and is the only one that came closest to flipping Bitcoin for first spot during the same time period. Although it was a very short period but it happened and it speaks volume.
Later on SEC vs Ripple lawsuit came into play during last bull run which capped the projects adoption and growth potential significantly. Even with that it had 10x growth during last bull cycle peak. Last year, however, Ripple won the lawsuit and XRP had a short lived spike but we were not completely out of the bear cycle lows so it did not amount to much.
This time, with SEC troubles behind us, we expect to have bright days ahead for XRP.
For the last little while XRP has been trending in an up-slopping channel except for a short live spike mentioned before. It still maintains the elite top 10 crypto status which demonstrates the strength of the project and it made a significantly higher low compared to last cycle i.e., its holders have diamond hands. Additionally it has been in the news that there will be ETF filings for XRP in April 2024.
Based on all the history and factors indicated, we expect that XRP start to print great gains soon now that BTC ETF has successfully been approved and the market stagnation due to that is behind us.
Our target for XRP at the peak of bull cycle is around $12 mark which will be 20x return from current price level.
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Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Ripple Initiating $285 Mln Share Buyback
Ripple Labs, a leading crypto-payments firm, is making waves in the financial landscape with its recent announcement of a $285 million share buyback from early investors. This strategic move is set to value the company at an impressive $11.3 billion, showcasing Ripple's confidence in its future growth prospects.
The Share Buyback:
Ripple's decision to repurchase $285 million worth of shares is a bold move aimed at providing liquidity for its early investors. The fact that these investors can only sell up to 6% of their holdings indicates Ripple's commitment to maintaining stability while rewarding those who have supported the company from its early stages. This buyback also includes a substantial allocation of $500 million to cover the costs of converting restricted stock units into shares and addressing associated tax implications.
Valuation and Financial Strength:
The $11.3 billion valuation signifies the market's recognition of Ripple's position as a key player in the crypto space. CEO Brad Garlinghouse revealed that the company holds more than $1 billion in cash and an impressive $25 billion in digital assets, primarily composed of CRYPTOCAP:XRP coins. This robust financial standing not only reinforces Ripple's credibility but also provides a strong foundation for further strategic initiatives.
Regulatory Challenges and Global Expansion:
Despite its success, Ripple has chosen to remain a privately owned entity, with Garlinghouse citing regulatory uncertainties as the reason for not taking the company public in the U.S. This decision reflects Ripple's cautious approach to navigating the evolving regulatory landscape. However, the company has not shied away from international expansion, particularly in Europe and Africa. The dismissal of charges by the Securities and Exchange Commission last October has paved the way for Ripple to explore new markets and establish itself as a global fintech powerhouse.
Future Outlook:
Ripple's forward-looking stance involves additional share buybacks to ensure investor liquidity, demonstrating a proactive approach to corporate finance. As the company expands its footprint in Europe and Africa, it aims to capitalize on the growing demand for innovative payment solutions. With a solid financial foundation, a strategic buyback plan, and a focus on international markets, Ripple is positioning itself for sustained success in the dynamic world of cryptocurrencies.
Conclusion:
Ripple's recent moves, including the significant share buyback and international expansion plans, showcase a company that is not only thriving in the crypto space but also adapting to regulatory challenges with strategic finesse. As Ripple continues to strengthen its financial position and explore new markets, it remains a compelling player to watch in the ever-evolving landscape of digital finance.
RIPPLE - Price can bounce up from support area to $0.6000 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price reached resistance level, which coincided with resistance area, XRP soon broke it and rose higher.
But later price declined back, thereby breaking $0.6500 level again, and started to trades inside flat.
Inside flat, XRP first made fake breakout and then made upward impulse to resistance zone, after which price started to decline.
Later Ripple in a short time declined to $0.5000 points, exiting of flat, and soon it also entered to triangle.
In triangle, price rose higher than $0.5600, but recently XRP reached resistance line and fell to support area.
In my mind, Ripple can break support line, exiting of triangle, and then bounce up to $0.6000, breaking resistance level.
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💎 ADA/USDT - First Long , Then SHORT ! But ? (READ THE CAPTION)By checking the Cardano chart in the weekly time frame (logarithmic), we see that the price fell after reaching the supply range of 0.67 and corrected to $0.46! If the price stabilizes below the supply range of $0.56 to $0.68, I will have a higher probability of falling from Cardano in the medium term! Only if the price breaks the $0.68 resistance and stabilizes above it, we can expect another Bull Run from Cardano! The efficiency of this cryptocurrency has been more than 150% so far !
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
XRPXrp analysis:
Currently the Price is testing resistance area . This is not a place to buy , we should wait for a breakout and confirmation or We may see a move towards the support area again.
Local support area $0.51-$0.53
Major support area
$0.38-$0.41
Local resistance area
$0.58-$0.60
Major resistance area
$0.69-0.72
💥 XRP GETTING READY TO SPRING? READ 💥💥 Been a pretty interesting week everything considered, Bitcoin managed to hit that $45,000 mark only to be hit with a flash crash following a rather innocuous article coming out on behalf of an author from Matrixport who gave their thoughts on why they think the SEC will reject a spot Bitcoin ETF once again which promptly spooked the market into a rather quick sell-off which recovered just as quick. Below is a link to that matrix article for reference.
www.matrixport.com
💥 Main catalyst here was the fact that off that article which spooked investors some whales definitely sold rather large positions across the crypto market prompting the fall which was only sunk further due in part to Long future positions being liquidated which created a domino effect and cascade. We've seen this before and this time was no different. This was Bitcoin's biggest drop in over a month with nearly $700 million in liquidations over the 24 hour period of January the 3rd. Bitcoin accounted for $170 million of that and all of the data is thanks to Coinglass of course. Here's a link below to a reference article.
cryptoslate.com
💥Anyway, that dragged the market down before we got a prompt recovery though that doesn't mean we got out of the waters. Since the drop we've struggled to break back above 0.60 with us then forming this line of resistance helping to make up the current descending triangle we're in at the moment. I've added that in accented black lines below to display the triangle. And below are two option's or cases with breakouts happening to both the upside as well as the upside for visual representation.
💥 A breakout is definitely what traders are waiting for right now, we've seen this time and time before especially with XRP, for whatever reason XRP love's these descending triangles after those big mountain falls and more than likely we'll get a spring back up which could help us see 0.60 broken should traders get that confirmation and regain the 200 EMA which we also have drifted far apart from, a meeting soon could be due. Below is a quick reference to the same descending channel from yesterday:
💥 Also watch 0.571 to 0.584, that's the second horizontal channel since we've fallen and has also been our main resistance at 0.571 since we fell out of that channel itself. We get that break out and break back into the second channel we'll probably have a pretty good chance at facing 0.59 and possibly breaking 0.60 too in the process. Here's a chart of the second channel from yesterday. I wasn't able to finish the post hence the title.
💥 There's no guarantee though, that's just a possibility as always till it happens, so just as we can get that breakout to the upside we can get rejected and get a breakout to the downside past that 0.560 level of support. Personally I see the chances of that being relative low unless we got some new update or negative article out regarding crypto or Bitcoin.
💥 XRP has a lot of support at 0.55 as this flash drop highlighted with that sharp pullback up and has managed to keep above 0.56 ever since then only having it's wick dip down below in a few instances. I'll keep the idea short and leave it here for now, I'm sure you all have a lot going on today but wanted to get some objective thoughts and a couple possible ideas of what our next move's may be looking like.
💥 With that all being said I appreciate you guys for sticking by my side, especially if you've made it this far in the idea. Thanks for taking the time to read some of my thoughts, hope you all are doing great as always, wishing nothing but the best till next! WE got this!
~ Rock '
Ripple can exit from triangle pattern and then continue to growHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago started to trades in a downward channel, where it first declined to the support line of the channel, and then XRP rebounded up to the resistance line, breaking the 0.6230 level. But soon, the price bounced from the resistance line and in a short time declined to the support line, breaking the resistance level again. After this movement, Ripple bounced from the support line and rose to the seller zone, but the price couldn't fixed and later made a strong downward impulse to 0.5000 points, thereby one more time breaking the 0.6230 resistance level and exiting from the downward channel. After this movement, XRP started to trades in a triangle, where it bounced from the support line and rose higher than the 0.5565 support level, which coincided with the buyer zone. But a not long time ago price declined back to the support line and now trading near. So, possibly Ripple can break the resistance line, thereby exiting from the triangle, and then will continue to grow. For this case, I set my target at the 0.6050 level. Please share this idea with your friends and click Boost 🚀
Scalp trading (XRP)📊Analysis by AhmadArz:
buy in support reng
🔍Entry: 0.559
🛑Stop Loss: 0.552
🎯Take Profit: 0.567
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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HelenP. I Ripple will fall little and then rebound up to $0.5930Hi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in consolidation, where it firstly tried to rise, but soon declined until to resistance zone, breaking the 0.5930 resistance level. But in a short time, XRP rebounded from this zone and some time traded near the resistance level, after which it finally rose to the top part of the consolidation. Then Ripple made little correction, and in a short time rose back to the top part, but later it rebounded from this part and started to decline to the resistance zone. After the price declined to the resistance zone, it broke the 0.5930 level again, and soon XRP made a strong impulse down to 0.5000 points, thereby exiting from consolidation. After this, the price in a short time rose back to the resistance zone, reached the resistance level and recently it started to decline. At the moment, XRP trades below the resistance zone and I expect that Ripple will make one more movement down and then rebound up to the resistance level. That's why I set my target at this level - 0.5930. If you like my analytics you may support me with your like/comment ❤️
XRP Analysis and Trading Plan for 2024 📊Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
XRP has been hovering inside a significant range between 0.55 and 0.75, and it is currently retesting the lower bound of the range.
Moreover, it is approaching the lower red trendline of the channel that XRP has been respecting for a couple of weeks now.
🏹 Hence, XRP is situated around a strong area to look for buy setups as it is the intersection of the blue support and the lower red trendline.
Thus, we will be looking for buy setups on lower timeframes as long as the 0.54 support holds.
On H4: Right Chart
📈 For the bulls to take over in the short term, we need a momentum candle close above the last minor high in green at 0.592.
And then, for the bulls to remain in control from a medium-term perspective, we need a break above the last major high in red around 0.66.
📉 Meanwhile, until the bulls take over, XRP would be bearish, and if the 0.54 support is broken downward, we can expect a bearish continuation towards the 0.45 - 0.5 weekly support zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XRP - The Correction Will Be Prolonged Here's Why...In this update, I endeavor to clarify our current position within Wave B of Wave iv within the broader downward movement of Wave E. The intricate, fractal nature of the waves might make the explanation less straightforward, but I strive to present the material as clearly as possible. Going forward, I will ensure clearer labeling for better comprehension.
It's increasingly evident that this correction will unfold gradually, so caution is advised against news articles proclaiming an imminent breakout. Many analysts tend to be incorrect in their predictions, as you may have noticed by now. The most reliable indicator remains price action.
XRP is bearish for the medium termWe are in a large diametric pattern, and we are now in the F branch of this large diametric.
The F branch itself has become another diametric (or symmetrical) which is now in the G wave (we are the last wave).
We expect to have a mid-term rejection from the red box downwards
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XRP - THE ROAD TO 1.20-1.30$ EXPLOSION FOLLOWED BY CORRECTIONXRP is holding 0.55$ Support area after the recent liquidation.
If it maintains at this level, we can continue with the movement and climb up towards 1$ at least.
The conservative de-risk play, would be around 1.07-1-13$ . While most ambicious one is around 1.20-1.30$.
This triangle is in play and we are in PHASE D. This is why is still have this impulse left towards a dollar and above.
After that, I can say we may visit again the 0.60 territory. This may sound crazy, but this is how the overall cryptomarket is looking.
We are in the Wave 3. Once this finishes, Wave 4 corrective, A,B,C comes. Therefore, we must prepare to capitalize even more.
**PREPARE NOW. GET INTO POSITIONS. HOLD AND DO NOT DOUBT**
🔥 BTC/USDT - Ready for LONG ?By checking the Bitcoin chart in the 2-hour time frame, we can see that the price is still correcting in the range of $42,300 as we expected, and it even managed to fall to $41,300! I hope you have made the most of this analysis! If the price stabilizes above $41,300, I expect that Bitcoin can grow to levels above $44,700 this time, and the mid-term targets of this cryptocurrency will be $45,900 and $47,450, respectively!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
XRP - I Believe This Count Explains Why It's Taking So Long...In preparation for the upcoming significant bull market rally for XRP, my objective is to formulate an exceptionally bullish interpretation without compromising the analytical integrity. I believe I have achieved this with my latest perspective, elucidating the reasons behind the choppy price action since the commencement of the downtrend in April 2021. Employing the AriasWave methodology, I meticulously detail each wave, adhering to the established guidelines that elucidate the downward trajectory since that pivotal period. While I initially mentioned discussing the XLMXRP crosspair chart in this video, I've decided to reserve that topic for the subsequent video.
XRP Whale Shifts 28 Mln XRP To Bitstamp; Price To Hit $0.64?In a significant development that has sent ripples through the crypto community, a whale executed a massive shake-up in their XRP holdings, transferring millions of dollars worth of XRP coins in the last 24 hours.
The development indicates a surge in CRYPTOCAP:XRP whale activity while sparking speculation about its potential impact on the altcoin’s price and the crypto market.
Whale Transfers 17 Million Worth of XRP to Bitstamp
An anonymous whale on Tuesday moved 27.7 million XRP tokens from an undisclosed wallet—worth nearly $17.26 million at current market prices—to Europe-based cryptocurrency exchange Bitstamp. The transaction was flagged by blockchain tracker Whale Alert. However, CoinGape couldn’t confirm whether the whale in question was an individual or a company.
Furthermore, on Jan 1, at least 800 million XRP tokens were locked in escrow at Ripple – the company behind the XRP cryptocurrency – according to Whale Alert. Since Ripple controls more than 50% of XRP’s total supply, many argue that Ripple’s blockchain is more centralized than that of its peers.
The enormous transaction, involving over 27 million XRP tokens, is not an isolated incident. Whale Alert has flagged several such transactions involving XRP in the past, with whales offloading a significant amount of their XRP holdings last year. Last December, CoinGape reported that whales relocated over 70 million XRP tokens, valued at over 45 million.
XRP Price Surges 2%, Is $0.64 Within Reach?
The influx of XRP tokens into crypto exchanges signals that the investors are planning to sell the asset. However, that remains unclear as it’s difficult to ascertain what happened to the asset once it reached the exchange. At press time, the XRP price stood at $0.634, up more than 2% in the last 24 hours. It could be reasoned that XRP whales are on the move to lock in profits amid the recent price rally.
RIPPLE - Price can exit from pennant and continue to declineHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some time ago price bounced from $0.6085 support level, which coincided with support area, and started to trades in flat.
In flat, Ripple rose to top part, but soon made correction back to $0.6085 level, after which it made upward impulse to resistance level.
Also then, price exited from flat and later bounced from $0.6400 level, making fake breakout and starting to fall.
XRP declined to support level, and at once made impulse up higher than $0.6400 level, but later it declined back.
As well, price started to trades in pennant, where XRP continues to trades near support line now.
In my mind, Ripple can rise a little and then bounce down to $0.6180, thereby exiting from pennant.
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XRP LOOKS BULLISHConsidering the lack of drop in the timeframe we have considered, XRP seems to be in the build-up phase for another jump. Because the movement after the intended pattern was not realized
The previous scenario is declared expired and we have no bias on the analysis. The previous scenario was diametric, but we may be facing a symmetric one, which means that xrp is not ready to drop yet.
By maintaining the green range, it can move towards the specified TPs.
The safe buy range is the green range, which allows us to have a logical buy/long setup on xrp.
Do not enter the position without capital and leverage management and stop setting