Ripple
XRP (RIPPLE) SELL ANALYSIS📉:XRP moved as we said it would on yesterday's analysis. It moved a little higher above the yellow resistance zone, seen a small wick fill & now dropping back below $0.52 zone.
A nice 7.5% profit gain to make from this trade. 7.5% without leverage, could easily do 50-100% with leverage😉 Trade accordingly to your account balance & your personal risk appetite.
RIPPLE - After exiting from triangle price can continue to fallHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced down of $0.5125 support level, which coincided with support area, and entered to flat.
Inside flat, price reached bottom part and made upward impulse to $0.5355 level, thereby breaking $0.5125 level.
Also, price exited from flat and soon bounced of resistance level and started to decline.
Later Ripple entered to triangle, where it rose to resistance line, which is located in resistance area, but then it bounced down.
Price declined to support line and soon broke it, thereby exiting of triangle, and now Ripple trades near this line.
In my mind, Ripple can fall to support level, break it and maybe make retest, after which continues to decline to $0.5000
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Ripple can start to rise to resistance level and try to break itHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price a few moments ago broke the 0.5000 support level, which coincides with the buyer zone and declined to 0.4590 points. But then it bounced and started to rise inside the upward channel, in which the price rose to the 0.5000 level, broke it, and continued to move up to the resistance line of the channel. After Ripple reached this line, it rolled down back to the support level, where it some time traded near and later rebounded up to the 0.5375 resistance level, which coincide with the seller zone. But after this movement, it rebounded down back to the support line, where a little time traded and then bounced back to this level and even entered to seller zone. Then Ripple started to decline and fell below resistance level and now it continues to decline. For my mind, Ripple can start to rise to a resistance level and try to break it. After the breakout, it can make a retest and then continue to move up to the resistance line of the channel. For this case, I set up two targets, the first target at the 0.5375 resistance level and the second - at the 0.5600 level, which coincides with the resistance line of the channel. Please share this idea with your friends and click Boost 🚀
XRP Set to Soar Past Target of 0.54 with New License Approval I am thrilled to share with you that XRP has recently received a groundbreaking license approval in Singapore, a major financial hub and a hotbed of innovation. This development is set to catapult XRP's value beyond our initial target of 0.54, and the possibilities are simply mind-boggling!
With this new license in hand, XRP is poised to solidify its position as a leading cryptocurrency, gaining increased acceptance and adoption in the financial sector. The license approval in Singapore is a testament to the immense potential and robustness of XRP's technology, making it an irresistible choice for both institutions and individual investors alike.
Now, you might be wondering, "How can I get in on this extraordinary opportunity?" Well, my friends, the answer is simple: it's time to long XRP!
By taking advantage of this exciting moment, you have the chance to ride the wave of XRP's success and potentially reap substantial rewards. With the new license approval, XRP's value is expected to surge exponentially, surpassing our initial target of 0.54 in no time.
So, don't wait any longer! Seize this golden opportunity and position yourself for maximum gains by long XRP today. The time is ripe, and the potential returns are too tempting to ignore.
Remember, successful traders are those who dare to embrace opportunities, and this is undoubtedly one of those moments that can shape your financial future. Long XRP now and join the ranks of those who have the foresight to recognize the immense potential in front of them.
🔥 XRP'S WILD WEEK 🔥🔥 Before I start I just wanted to apologize, know it's been a few days and all since the last post, just been busy with work and some life things but that being said I'm happy to be back of course, even if it's just for a quick idea!
🔥 Got some pretty good feedback with my last short idea so we'll keep this idea short and simple too. To start off we've got the SEC decision with SEC losing it's motion to appeal Ripple's decision which only helped to boost XRP's argument and in turn caused the sudden rise up in XRP's price as displayed up above.
🔥 Not too shocking to see XRP's reversal after the sudden impulse wave up, we already know as I pointed out in my last idea how after these big jumps up we'll usually have some retracement or reverse trends pretty quick after with a lot of people taking profits or selling for other reasons of course. What I'm looking towards now is whether or not XRP sticks above 0.516. 051 has managed to keep pretty solid with XRP seeming to have much less selling pressure than before indicating that a lot more people are 'sticking along for the ride' so to say.
🔥 Main thing is that volume is still doing pretty well for XRP being that traders are still actively trading XRP through the exchanges showing there's demand and so far looks like we aren't doing to bad with what's been a slow retracement aside from losing the 200 EMA a few times but that's reasonable given the nature of the initial jump up.
🔥 I did add what seems to be a diagonal resistance line that's been acting as resistance and preventing us from posting/claiming higher digits. I expect it to act as a catalyst more than likely on the local for a breakout or act as a resistance as long as we remain below it. All I'm watching for right now but regardless it's nice to see that the SEC lost it's motion to appeal, that's a big win in my books either way.
🔥 Market's still wary understandably, especially with 30 year mortgage rates hitting 7.88% which is crazy considering we haven't seen numbers like this since 2000. I mean can you believe that, it's been nearly 23 since we last saw these rates, crazy to consider everything that's going on with the US alone adding over half of Bitcoin's market cap to it's national debt this week.
beincrypto.com
🔥 Not mentioning those things to incite any fearmongering but rather the reminder that we're going through a lot right now collectively but at one point or another things will have to subside and the market will have to do it's thing. A lot of things are changing and with a Bitcoin ETF on the horizon in the next few months and people becoming a lot more knowledgeable about crypto and becoming tech savvy things are changing, may not be quick but each and every day we grow and get closer to a future in which crypto will come to play a role in our lives.
🔥 That's enough for today, I have a lot more things to to so I'm leaving the idea there for now, but I appreciate you guys tuning in of course, means a lot as always and wishing nothing but the best till next, feel free to leave any likes or follows as usual, simply helps me out, thanks.
~ Rock '
XRP/USDT bullish scenario what next?👀 🚀 XRP today analysis 💎 Paradisers, it’s time to dive into an exciting opportunity with XRPUSDT! We are observing that, after a rejection from strong resistance, it’s regaining bullish momentum.
💎 Upon closer inspection, Ripple is adhering to a trend line as support and maintaining an upward trajectory. It’s highly probable that it will turn bullish after rejecting at 0.5140, or it could be from the bullish OB level or previous low at 0.5072.
💎 Another facet to ponder is, if it breaks the previous low, then a downtrend continuation is likely, and we are optimistic that the price can retest the strong support level once again.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
XRP's Golden Cross: The Perfect Time to Ride the Wave! As you may have already noticed, XRP has been making some significant moves recently. But hold on tight, because things are about to get even more exhilarating! The much-anticipated golden cross has finally appeared on XRP's chart, signaling a potential breakout on the horizon.
For those unfamiliar with the term, a golden cross represents a powerful bullish signal. It occurs when a shorter-term moving average (such as the 50-day MA) crosses above a longer-term moving average (like the 200-day MA). This event often suggests a shift in sentiment and can be a strong indicator of an upcoming price surge.
Now, you might be wondering, "Is this the right time to long XRP?" Well, the golden cross certainly adds weight to the argument. It's essential to remember that technical indicators are just one piece of the puzzle, but they can provide valuable insights when combined with other factors.
Considering XRP's recent positive momentum, the golden cross could be the catalyst that propels it to new heights. As traders, it's crucial to seize opportunities when they arise, and this might just be one of those moments.
So, without further ado, we encourage you to carefully evaluate the current market conditions and consider a long position on XRP. Of course, always exercise caution and conduct your own thorough analysis before making any investment decisions. Remember, knowledge is power!
As always, we're here to support you on your trading journey. If you have any questions, need further analysis, or simply want to share your thoughts, feel free to comment below.
XRP - Failure as a CryptoCurrency ? Deep Thoughts 💭Hi Traders, Investors and Speculators of Charts📈📉
For those who have been following me here for a while, you'll know that I've always been a notorious fan of XRP.
I used to be a true "believer", #xrparmy and the whole deal. Followed all the XRP pimps (such as BlockchainBacker ) on Twitter back when Twitter was still blue... but recently, I'm starting to develop some serious doubts about the fundamentals of this altcoin. And I'm going to level with you here. These are just my thoughts, and you are still entitled to your own opinions infact we encourage it.
As a trader; I can't help but notice the unusual price action on XRP compared to other coins. Did you know that XRP is one of VERY FEW altcoins / cryptos that has been unable to reclaim it's ATH for years after? Even with the benefit of being one of the first titans in crypto. Other coins have long surpassed their ATH's. But XRP made one high, and never again. This speaks of weakness in terms of value. And that can no longer be ignored.
The unfortunate truth about XRP is that the trading volume is low, and buyers are not keen to buy XRP due to it's ever increasing unpopularity. This directly creates weak support zones and strong resistance zones, as there is little confidence in the coin and bag holders are all waiting for the first best opportunity to sell. Short term traders would rather take losses than hold indefinitely.
XRP has become more and more unpopular over the course of time because of it's "Pump and Dump" price action. The SEC case and the whole controversy about the Taco stand (founders holding millions and dumping on the market) also didn't help.
Don't misunderstand. I will still trade XRP. The big difference in my approach, is the matter of accumulating. I've been accumulating XRP since about forever. And I have decided I will no longer accumulate. Instead, as soon as the price reaches higher than what I bought for, I will be looking to sell my bags. Considering this argument and the fact that I'm probably not alone in this approach, you can see from a trading perspective how dire this outlook is for support and resistance zones.
This is a real pity and hits close to my heart. It's hard to let go of an ideology you've held and defended for years. I really believed in the promise of a coin for institutions, cross border settlements etc. But unfortunately, as a trader, it makes no sense to hold a coin for years, no matter what great promises were made by the creators of Ripple. The truth is, if I bought as much DOGE as I did XRP, my portfolio would have been up x100 compared to now. This is sad, considering that DOGE and many others, like PEPE, are meme coins and hold no real fundamental value. The fact that meme coins do better than a coin " created for banking and large institutions " is a shock. And here's where you have to ask yourself... was it really?
💭So, what's the trading plan from here for XRPUSDT ?
If you must trade it... Buy low, sell high. I'll keep making updates on SHORT and NEAR TERM targets. But LONG term targets are too hard to speculate. Focus on technical indicators and trendlines alone to get price targets. No more fundamental-analysis "value" targets.
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CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD
Buying Ripple HereTraders,
I was stopped out of three trades today but all of them had nice little profits. I'll take that going long in a bear market. Let's continue our win streak.
I've added XRP as a long play to at least that 100-day ma. The red level just above that at 58.5 cents is likely where I'd take 100% off of the table. SL is 49.2 cents for an r/r of up to 4.6.
Technicals here show a break of the neckline on a small inverse H&S pattern with a target at the 100-day. The retest of the neckline is now complete. So, we are good to go here IMO.
Not fin advice. DYOR.
Best,
Stew
HelenP. I Ripple can break resistance level and then make retestHi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the 0.4865 support level, which coincide with the support zone, and even declined more to 0.4595 points, but at once rebounded and started to rise inside the upward channel. Inisde channel, the price rose back, higher of 0.4865 level, and then made a correction, after which the price continued to move up to next level. When Ripple reached the 0.5240 resistance level, it rebounded down to the support line of the channel, but then the price at once bounced and made impulse up higher of this level with the resistance zone, but in a short time declined below 0.5240 level, thereby making a fake breakout. Later Ripple tried to back up, but now it trades very close to the resistance level and I expect that Ripple can break this level, make a retest, and then continue to move up to the resistance line of the upward channel. Therefore I set up my target at the 0.5540 level, which coincides with this line. If you like my analytics you may support me with your like/comment ❤️
✏️ BTC : What will happen next ? (IMPORTANT TA , READ CAPTION)CRYPTOCAP:BTC NEW Forecast : As you can see, based on the latest Bitcoin analysis, I expected the price to increase to fill the FVG, which is exactly what happened and the price filled 50% of this liquidity void and was able to grow to $28,180! After this incident, the price faced a correction again and this time by penetrating below $25,000 and collecting liquidity below this level , it was accompanied by demand pressure , which was able to grow up to $26,800 after that ! Pay attention that the price is close to a very important supply zone , which is from $27,000 to $28,180, and if the price enters this level, we will expect a bearish reaction from the price! The second important supply zone is from $29,000 to $29,700, which should be monitored! The previous analyzes are still valid And probably, in the medium term, we will see the price drop to $20,000 !
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Best Regards , Arman Shaban
XRP Monthly Breakout to happen by 2025XRP Monthly Breakout to happen by 2025
Here are some targets I expect to see with my XRP bags in the next 2-3 years tops.
Ripple Stock Market IPO, BTC Halving, Providing Economic Solutions to Liquidity Crisis, and Regulatory Compliance will all be reasons XRP has thee most anticipated runs of all history.
Brad G has kept his confidence in the community and team, with rumors of an Escrow Burn (I dont think will happen) It could bring the price to even higher levels than shown in my NFA prediction.
The community is in fear due to the SEC continuing to keep their noses too close to our industry, but what people don't seek to understand is why they're still here.
XRP has passed BTC before in Market-cap and regulators became worried back then.
The community has continued to grow and support the team which makes me think the SEC speculation is merely FUD. They are worried about potential overtakings of the Swift system and they don't want to make any stands because then they would lose the grey area they're currently trying to exploit. The lawsuit had something to do with Ripple, XRP is totally different.
XRP is a utility token trying to solve thee biggest problems such as our financial system. The SEC and democratic party are okay with printing money to stifle innovation in America.
When this begins to happen again, flood of money should flow out of the government who is acting off of mainly borrowed money because they're broke and people will begin to lose trust and faith.
FDIC concerns could also cause banks to require XRP in order to help with liquidity!
Always do your research and never click random links !!!
Keep your wallets safe this bull run and be smart!!
XRP → A head and shoulders patternhello everyone...
as you can see xrp formed a long shadow and bar candle, and in the middle of it formed a head and shoulders pattern that is slope!
the neckline breakout and you can get a long position!
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XRPUSD This 1day Death Cross is a blessing!Ripple / XRPUSD just formed a Death Cross on the 1day time frame.
This is a bearish technical pattern but last time it was formed (Dec 23rd 2022) the price was forming the bottom of the 1 year Channel Up.
The 1day MACD patterns of the two fractals are very similar.
We consider this Death Cross a strong buy opportunity. Even though one last pull back is technically possible, you can start entering now.
Buy and target near the previous High (0.9000).
Previous chart:
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