📉 XRP'S QUICK FALL! TUNE IN! IMPORTANT 📉📉 Hi! Thanks for coming by as always! You already know what we're all about, gonna dive into things real quick and keep this shorts simple for you guys, I'm sure you all have more than enough going on likewise so let's get to what we need to know!
📉 Following up from my last post in which we pointed out some scenarios with the bearish scenario looking more likely as we we're last pointing on the fact that XRP was struggling to break 0.67 with low support from buyers amongst a mixed sentiment following a rather quick price hike over the week. The idea was ultimately finished with us putting down two points of support for 0.649 and 0.624 and if we take a look at our chart up above for the most recent data we can gather some quick data.
📉 I've added two number points with the 1 and 2 in the bubbles to point out the support point at 0.61, we can see how XRP plunged once it broke that 0.649 point below out horizontal level. That promptly sent the fall in perfect synchronicity to our 0.624 level. It's crazy, price went EXACTLY to the two support points I pointed out in the previous idea. Good to know our technical annotations are doing the job.
📉 Can see one of the major pushes here was the loss of the 200 EMA with us ultimately getting that mountain fall/exit out when we lost that 200 EMA in the quick sell-off most likely driven by a whale that wanted to see us break that 0.649 support. I've added a quick descending channel that did form which also contributed to the fall for analytical purposes. Ultimately this flash crash was likely the result of whales selling the news and possibly making money on some short positions as well, nothing unusual but now we simply watch for support.
📉 Watch 0.61 for that support though I see this being a much better point for support, we've also fallen quite a distance away from our 200 EMA so I wouldn't be shocked to see our chart start pulling back up to close the distance between the two soon enough but whether or not that happens will simply have to be seen. Leaving it at that for now but thanks for stopping by as always, really appreciate it and all the best till next.
~ Rock '
Ripple
AMP providing good R:R for a 300-400% Bull Cycle Altcoin PumpAmp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.
The Risk: Reward looks very good for bullish reversal out of the extreme bear channel.
Be disciplined and take profit whenever the Beta to Alpha pump has completed
🔥 EURUSD : this time BULL or BEAR ? (READ THE CAPTION)Based on the latest Euro/Dollar analysis, we can see that the price hit the 1.10000 target as expected, and after that, by collecting liquidity above this level, it faced a heavy fall and was able to fill the liquidity gap that we identified on the chart. tick and after that it has faced a slight increase in demand! If the price can maintain the support of the 1.06660 range, we will witness further growth of this currency pair, otherwise we have to wait for targets below 1.06560!
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
💎 BTC: Bitcoin Will Reach $77,000 or $28,000 ? (READ Caption)With the new analysis of the Bitcoin chart in the weekly time frame, we see that the price, based on the analysis we had, finally managed to hit the target of $44,000 and even managed to record the price of $45,000! Based on my view on the chart, I have determined the important levels of supply, demand, possible targets, etc. that we will address! Currently, the price has reached the supply range of $44,290 to $48,300, as you can see, the initial reaction to this range was corrective! The first support in front of the price range is $35,630 to $38,430. If the price corrects to this range, we will expect an increase in demand! The next possible upward targets are $48,560 and $53,210, respectively, if the desired support is maintained, note that the price level of $53,210 is an important supply level that you can consider for the SELL position! The next mid-term targets are $57,700 and $62,300 respectively! If we want to look a bit more optimistic and long-term, the target of $77,000 will not be far from expectations! Note that this analysis was done in the weekly time frame!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
XRPUSD to move higher if breaks above falling wedge...GBPUSD
The price is currently above support/resistance structure, and price is currently attempting to break above the falling wedge, If price manages to break above the trendline I expect the price to move higher...
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
XRP looking confident above the top trendlineThat pink trendline is super clutch and xrp has closed a daily candle over it with confidence. Bodes well for a breakout confirmation imo. 3 current short term targets to hit here from 3 different patterns with the top one being 91 cents. I’m guessing the blue descending trendline will provide at least some initial resistance though.
Ripple ($XRP) Could Test Higher Resistance LevelsThe price growth of XRP has been relatively moderate compared to other altcoins. Since October 15, the asset has increased by 35%, yet it hasn't surpassed its annual high of $0.93, indicating potential for further growth.
Currently, XRP is approaching a critical resistance zone between $0.646 and $0.654. If buyers manage to break through this area, XRP could test higher resistance levels at $0.66 and $0.68. Successfully establishing above the $0.7 level could provide the necessary boost for the asset's continued growth.
XRP is currently trading above its 50-day and 200-day simple moving averages (SMA), indicating a bullish trend.
However, a short-term correction might push XRP down to the buyer zones of $0.61-$0.62 and $0.58-$0.60. If Bitcoin's price experiences a significant downturn, these support levels might be quickly surpassed.
💥 XRP NEWS AND THE BREAK OUT! 💥💥 Hope you guys are doing well today! It's definitely been a busy week as usual but I'm real happy to be able to get the chance to post today! And what a sight for sure! Sure most of you have already heard about the XRP news so we'll delve into that real quick alongside some technical. Thanks for tuning in!
💥 Got some pretty good news this week with Uphold announcing the launch of a self custody wallet which will be going by the name 'Vault'. The wallet will support the XRP token as well as offer features to enable users to access their wallets should they ever lose their private keys.
💥 To put that into perspective Uphold has over 10 million customers across 140 countries even operating in the U.S and making sure to keep in line with state regulators. With the wallet to be launched in Beta eventually other tokens will be integrated such as Bitcoin though the news along has been a great catalyst for XRP with us only being 3% away now from toppling Binance coin which in itself would be a significant feat.
💥 In my last idea I noted that we'd likely need a catalyst for XRP to gain some more ground as usual and with that news having come through now it's good to see the market reacting alongside analytics of new user account growth. I mean wow, we even had Roblox add in XRP as a support payment last month. Crazy to see XRP continue it's journey.
💥 We'll do a quick technical then below and end it off there after to keep things short for today. And below today's chart with the add-ons and everything from the last post we shared just to give reference to the fact that we haven't added anything new.
💥 Again the above is today's chart before we added anything else. And now here's today's.
💥 Nothing new has been added, we simply extended the consolidation channel and the horizontal levels are the same as ever, XRP simply sticks to the technical very well thankfully, can see that clear resistance at 0.65 with us having gotten rejected twice before forming that higher high on the 3rd attempt with the uphold news helping no doubt.
💥 XRP did break out from the consolidation channel over the couple days following that sort of tug a war with us managing to avoid losing the 200 EMA as volume spiked and a lot more buyers seemed keen to enter at higher prices thanks to news and a change in sentiment, no doubt from a range of factors.
💥 Looking like we'll have a tough time breaking 0.67 with resistance already hitting on the 2 hour though that seems more like exhaustion and a lack of buying power up here as buyers contemplate on whether or not to buy following the relatively quick price rally this week, no doubt we're at that level of hesitance and the main driver is sentiment understandably.
💥 I see bulls targeting 70-80 cents understandably though for that we may just need a bit more news as again, we're at the point of uncertainty. Already seems like we're possibly reversing some or hitting that retracement button following the big move amongst which I'll be keeping track of 0.649 and 0.624 on the horizontal levels for support. No direction today, we already know XRP is pretty volatile after these announcements and it'd be best to give things time to settle depending on your position.
💥 Leaving my thoughts there for now, I've got a lot going on today and I wanted to keep this short. Thanks for stopping by as always, I've linked the article in reference to the Uphold news below for any who may also like to check that out. Anyway that's all for now, thanks for stopping by as always and wishing well till next!
~ Rock '
Uphold Reference link:
www.theblock.co
RIPPLE - Price can bounce down of resistance line to $0.6000Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from support line of triangle and made strong upward impulse, breaking two resistance levels - $0.5725 and $0.6670
After this movement, Ripple corrected below $0.6670 level, but soon backed up and rose until to resistance line of triangle.
Next, price declined lower $0.6670 level, thereby breaking it, to support level, which coincided with supports line of triangle and area.
Then XRP bounced from $0.5725 level and in a short time rose to resistance line, but a not long time ago it bounced down.
Now price trades near and I think Ripple can bounce of resistance line and start to fall to $0.6000, which coincides with support line of triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP ANALYSISRipple seems to be making a pullback swing to the upside. The larger structure is bearish and I only consider this a pullback to the upside.
By hitting the supply area, I expect a price rejection towards the lower areas.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XRP Ripple Technical Analysis And Trade Idea NAS100Lately, XRP (Ripple) has demonstrated a strong upward trend. This video provides a detailed analysis of this trend, thoroughly examining price movements and revealing potential trading chances by extensively studying both weekly and daily timeframes. Anticipate a thorough assessment of price changes, market trends, trend analyses, and crucial technical analysis components. It's crucial to emphasize that the content presented here is strictly for educational purposes and should not be interpreted as financial advice.
Ripple's Metaco Floats Game-Changing Safety Tech With IBMRipple Labs-owned subsidiary Metaco has joined hands with IBM to create a major top tier tech for digital asset safety.
Ripple Labs’ wholly-owned subsidiary Metaco recently joined hands with IBM to introduce Hyper Protect Offline Signing Orchestrator (OSO), a new technology that will facilitate the deployment of cold storage for digital assets.
The Metaco and IBM Solution Deviates from the Norm
The launch of the advanced technology which was announced by IBM is targeted at addressing the requirements of top-tier banks and financial institutions. Markedly, the tool is a clear deviation from the conventional manual process of executing cold storage transactions. Moreso, it offers protection for high-value transactions by creating extra layers of security.
Other features of the IBM OSO are disconnected network operations, time-based security, and electronic transaction approval by multiple stakeholders. Per IBM’s announcement, “OSO is designed to address limitations of current cold storage offerings for digital assets, including the need for people to perform manual procedures for the execution of a cold storage transaction.”
Apart from all of the aforementioned features, Hyper Protect OSO breaks the communication barrier between applications that have been designed to not interact directly due to certain security concerns. Precisely, it provides a policy engine which acts as a bridge between these different applications, facilitating secure and efficient digital asset transactions.
More Proactive Partnerships
Metaco and IBM worked together with other entities to ensure that the newly launched tool is in alignment with client requirements. Metaco Harmonize provides a highly robust and secured orchestration platform for digital asset applications. At the same time, it intends to leverage this novel solution for its operations.
Adrien Treccani, founder and CEO at Metaco stated that it is the company’s responsibility to deliver cutting-edge digital asset security to Metaco clients, especially due to its position as a trusted provider of institutional grade custody infrastructure. Furthermore, Treccani acknowledged IBM’s reliability over the years as a partner.
The strategic partnership with IBM is one of Metaco’s numerous alliances to push advanced technologies and cryptocurrency. Standard Chartered’s Zodia Custody joined Metaco recently to roll out a new crypto custody solution. The offering gives institutions easy access to crypto storage and settlement, with complete security.
Ripple can start rising to resistance level, exiting of rangeHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few days ago entered a downward channel, in which it broke the 0.6720 level and fell lower. After the breakout, the price declined to support line of the channel and then tried to back up, but failed and soon continued to decline. After Ripple fell to the 0.6000 support level, it rebounded and made impulse up. Price exited from the channel and started to trades in a range, where it at once declined until below 0.6000 level to buyer zon. But in a short time price backed up, thereby making a fake breakout and then a little rise. Later XRP corrected the 0.6000 level and then some time traded near this level. And recently the price a little rose again in range. that's why I think Ripple can make a small movement down and then rebound up to the 0.6720 resistance level, exiting from the range. For this case, I set my target at 0.6720 Please share this idea with your friends and click Boost 🚀
XRP, lets ride the bullish wave ^_^Hi, welcome back.
My update analysis today at ripple.
I love to analyze this crypto, because i have a good support analysis at XRP , even better than my BTC or ETH analysis.
so, lets ride the bullish wave at #XRP
This is 1 hour chart, and i will update this chart in every key level that I found,
make sure you support this analysis to get a quick notification in every update.
You can see that we have symmetrical triangle here, and #xrp approaching resistance line.
If we have a breakout, full body candle should above resistance to make sure its not a false breakout.
and if we have that, we can set our bullish target at symmetrical triangle projection with 4% profit projection.
Happy trading,
may profit be with you.
XRPUSD: Start accumulating. Big move incoming.XRPUSD is neutral on the 1D technical outlook (RSI = 51.497, MACD = 0.005, ADX = 27.267) as the price is consolidating on the 1D MA50, corresting October's rise. We are expecting a few more days of consolidation as the accumulation pattern appears to be similar with February's and early March. On both patterns the presence of a LH trendline serves as a bullish trigger signal once crossed. It is a Triangle formation just as the RSI is inside a Cup. Our target if the LH trendline breaks, will be the R1 level (TP = 0.9200).
See how our prior idea has worked:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
The dreaded 4 o'clock candle of death! Market manipulation!As we all know, there's a group of people that will never be held accountable, that regulators will never bother, for whom 'ethical standards' do not exist, that constantly, and consistently manipulate the price of XRP to the downside while the vast majority of traders are tucked in bed asleep, clueless and oblivious, why their stop-losses are taken out, and in most cases long positions are being completely liquidated, and the majority of their hare-earned profits are stolen from them by large accounts.
It's called 'the dreaded 4 o'clock candle of death' for those of you aren't aware.
Even though every transaction is clearly registered on the blockchain for the world to see. Even though we can all see the accounts responsible. Even though it's clear manipulation, and clearly illegal.. NOTHING WILL EVER BE DONE ABOUT IT!
Pack your bags, accept your losses and move on because money isn't the name of the game - 'control' is!
P.S. Never leave your position open overnight if you're trading with leverage, because 'THEY' will come for your profits, and nothing will ever stop it, it will never change, it's just how the game is played - more for 'THEM' and less for everybody else.
Welcome to the unregulated wild-wild-west of trading.
HelenP. I Ripple can make small movement up and then bounce downHi folks today I'm prepared for you Ripple analytics. Some time ago price declined to the 0.6700 resistance level, which coincided with the resistance zone, and in a short time broke it. After this, the price some time traded near this level and then continued to decline to the 0.6000 support level, which coincided with the support zone. As well, Ripple entered to consolidation, where it first tried to rise, but failed and declined until to support zone. Later XRP rose higher than the 0.6000 level, but soon price fell back to the support zone and even lower. After this movement, Ripple rebounded back to consolidation, made a correction to the support zone, and continued to trades in this range. A few time later price rebounded from this zone and rose to 0.6400 points, but recently it a little fell. For this reason, I expect that Ripple can make a small movement up and then rebound down to the support zone. That's why I set my target at the 0.5900 level, which is located in this zone. If you like my analytics you may support me with your like/comment ❤️
🔥 XRP: The Biggest Bull-Flag In Crypto Will Break Out SoonXRP has been trading inside a consolidating pattern since the massive pump at the height of the 2017-2018 bull-market.
During this time, the price has made higher-lows and lower-highs, forming a triangle pattern, which I classify as a bull-flag since it has been formed directly after the 7,000x in 2017.
This huge pattern will explode at some point in 2024, with the most likely move being a bullish one with the halving in mind.
My target for the break out is placed at 25$. It might be too high, but ADA also made a top 6x higher than the previous one last cycle, so why not? With a relatively tight stop and a far target we're able to create a signal with a risk-reward of almost 80, a potential game changer for anyone's portfolio.
XRP price fractalsWe've seen the 3 stage breakout pattern twice in XRP on the weekly chart.
The first level gained magnitude from the 1st level breakout to the 2nd level. Assuming that the next XRP breakout from the 2nd to the 3rd level is at a minimum equal, here are the projected price patterns you can expect.
Keep in mind that if the fractal pattern continues, then the accent to the 3rd level will gain magnitude over the 2nd and will be larger than the estimate below.
First wave - $5.28
Second wave - $29.13
Third wave - $289.8