XRP ready to move up?!4HR TF/ XRP has been showing a lot of strength and is now back on track with the market bull cycle even while being under lawsuit and suppression from the SEC! We are currently in a nice FIB ascending channel, we are holding and bouncing strong off of the 0 FIB level looking to come up and test the 0.2. I think once the markets start to move again XRP will cut through these levels like a hot knife through butter! Looking at the 100 day SMA (BLUE) we have almost perfectly bounced off and moved up! Also we saw some downside pressure with the 10 day SMA (GREEN) pushing down ontop of the candles, we are seeing it now start to level out and we are perfectly inline with it, once we see a break of this SMA we should see some very nice movement riding the SMA to the upside. It would be ideal in the future to break the 50 day SMA (TEAL) and then we could really start flying but thats for a TA later on! We're seeing the Stoch RSI reverse right now bullish and this could push us up to that 0.2 FIB to test. Not financial advice just my opinion! rarible.com Feel Free to check out my 1of1 Doge Gif NFT, more to come in the future!
Rippleusd
XRP bounced after touching MA20Hi guys,
XRP bounced back after a 42.5% drop over the last week. Touching MA20 represented strong support for the bulls and it bounced back.
The next strong support is at 1$ at 0.5 Fibonacci retracement level, which I don't expect to be touched.
By the end of the month, I expect an increase of XRP to 2.42$
In the bull market, 40-50% dips are a great opportunity so speculate carefully.
Please let me know your thoughts on how XRP will progress from here.
Thank you very much!
XRP - Ready To Break The Trendline Hi, this is my new update for XRP. We are still ranging around $1.58-1.65, but once we get a breakout from this trendline in the next couple of hours we are ready to takeoff. As long as we hold the support level $1.47, there is nothing to be worry about. So be prepared and don't PANIC ;) XRP is still BULLISH
XRP - Next $2.20Hi, this is my new update for XRP. We saw big pullback today from $1.75 to $1.41, but it is nothing to worry about. We have now tested the support level $1.48 and it held very well, the price now is around $1.67, I think in the short term we are going to test $1.58 and then we are ready to take off. We are also in a downtrend in the 15min chart, once we break it we are ready for $2.20. So be prepared and don't PANIC.
XRP is one of best alts from our golden list. +250% in month! 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as +250% in XRP in last month! 🚀
We also published the XRP analysis some time ago here - those who benefited from it are surely satisfied now. :)
Many people didn`t believe in XRP but we knew from the beginning that it is just matter of time when XRP will explode.
What we are doing now?
We are still holding our huge package of XRP.
Is it still good time to buy?
We believe that XRP will go higher in long-term. However you must decide by yourself if you believe in XRP or if you prefer to invest money in coin which didn`t made 250% in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40. After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
XRP is one of best alts from our golden list. +250% in month! 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as +250% in XRP in last month! 🚀
We also published the XRP analysis some time ago here - those who benefited from it are surely satisfied now. :)
Many people didn`t believe in XRP but we knew from the beginning that it is just matter of time when XRP will explode.
What we are doing now?
We are still holding our huge package of XRP.
Is it still good time to buy?
We believe that XRP will go higher in long-term. However you must decide by yourself if you believe in XRP or if you prefer to invest money in coin which didn`t made 250% in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40. After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
XRP is one of best alts from our golden list. +250% in month! 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as +250% in XRP in last month! 🚀
We also published the XRP analysis some time ago here - those who benefited from it are surely satisfied now. :)
Many people didn`t believe in XRP but we knew from the beginning that it is just matter of time when XRP will explode.
What we are doing now?
We are still holding our huge package of XRP.
Is it still good time to buy?
We believe that XRP will go higher in long-term. However you must decide by yourself if you believe in XRP or if you prefer to invest money in coin which didn`t made 250% in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40 . After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
Ripple- Buy after the break for 2.1 targetRipple has risen 300% in only 12 trading days, and the cryptocurrency seems determined to make up for the lost time.
From a technical perspective, after reaching 2usd zone, XrpUsd is in a small correction/consolidation and is forming a triangle continuation pattern on smaller TF.
A break of this pattern would signal that the consolidation is over and the measured target is 2.1
XRP - Double Bottom Done Hi, this is my new update for XRP. I told you yesterday that if we close the candle above $1.73, it is a good sign because we have tested the support level $1.58 and we closed above the support level 50% fibonacci retracement level. Now in 1hour chart we got a beautiful double bottom and that gives us (W structure). So if the support level $1.58 holds we are going to test the resistance $2-2.20. So be prepared and don’t panic. ;)
XRP Possible Trend for Midterm Positionin this scenario we have some conditions:
1- at first channel should not breakdown, and If it breaks, it may take a longer time to reach to our target or change the trend to downtrend.
2- If ripple succeeds the last court, we can expect that the price can reach it's Historical Price in earliest future and even go further!
Also In this scenario we have to pay special attention to the resistance lines that colored in orange. because they can change the uptrend to downtrend.
$XRPUSDT Ripple Long Term Target PTs 3-3.90-5-6.50 and higher$420M in leveraged long traders liquidated after XRP rallies to $1.96
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?
XRP holders couldn't have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.
In addition to achieving its highest level since January 2018, this robust price increase signals that investors are not worried about the ongoing SEC "unregistered securities offering" dispute.
However, just 6 hours after rallying to $1.96, XRP price crashed by more than 20%. During an interview, DCG Group CEO Barry Silbert said it would be risky for exchanges and companies in the United States to relist XRP ahead of receiving the SEC's blessing. These remarks may have contributed to the unprecedented $420 million long liquidations on derivatives exchanges today.
Over the past couple of weeks, the primary catalysts for XRP's rally have been victories in Ripple's legal battles. Lawyers representing Ripple were granted access to internal SEC discussions regarding cryptocurrencies, and more recently, a court denied the disclosure of two Ripple executives' financial records, including CEO Brad Garlinghouse.
Considering the recent rally, pinpointing a single reason for the price correction will likely be inaccurate. Nevertheless, the impressive $420 million long liquidations past 24-hours exceed those of Feb. 1 when XRP price crashed by 46% in two hours.
The only logical reason behind this staggering liquidation is excessive leverage used by buyers. To confirm such a thesis, one must analyze the perpetual contracts funding rate. To balance their risks, exchanges will charge either longs or shorts depending on how much leverage each side is demanding.
The chart above shows that the 8-hour funding rate is surpassing 0.25%, which is equivalent to 5.4% per week. Although this is excessive, buyers will withstand these fees during strong price rallies. For example, the current upward price move lasted for almost three weeks, and prior to that another took place in early February.
Blaming the liquidations exclusively on leverage seems a bit extreme, although it certainly played its part in amplifying today's correction.
Moreover, the record growth in XRP futures open interest was accompanied by a hike in the volume at spot exchanges. As a result, the eventual impact from more significant liquidations should have been absorbed by the increased liquidity.
Cascading liquidations will always take place in volatile markets. Thus investors should focus on how long it takes until the price recovers from it.
Fundamentally, a 10% or 20% intraday drop should not be interpreted differently. The correction depends on how many bids were previously stacked at exchange orderbooks and is not directly related to investors' bullish or bearish sentiment.
XRP - Backtest doneHi, this is my new update for XRP. We have big price action right now, XRP fall from $1.96 to $1.57 in 30 min, that is 21% fall. I think we have now backtested the support level $1.58 and right now we have broken below the 50% retracement support level, but once we close todays candle above $1.73, then everything is fine. Be cautious, if we break below the support level $1.58, the next target will be around $1.36. So be patient and don't PANIC, XRP is still BULLISH ;)
XRP (Ripple) Coin Analysis 19/03/2021Fundamentals:
To begin with, it’s important to understand the difference between XRP, Ripple and RippleNet. XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
The RippleNet payment platform is a real-time gross settlement (RTGS) system that aims to enable instant monetary transactions globally. While XRP is the cryptocurrency native to the XRP Ledger, you can actually use any currency to transact on the platform.
While the idea behind the Ripple payment platform was first voiced in 2004 by Ryan Fugger, it wasn’t until Jed McCaleb and Chris Larson took over the project in 2012 that Ripple began to be built (at the time, it was also called OpenCoin).
XRP was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT.
RippleNet’s ledger is maintained by the global XRP Community, with Ripple the company as an active member. The XRP Ledger processes transactions roughly every 3-5 seconds, or whenever independent validator nodes come to a consensus on both the order and validity of XRP transactions — as opposed to proof-of-work mining like Bitcoin (BTC). Anyone can be a Ripple validator, and the list is currently made up of Ripple along with universities, financial institutions and others.
The live XRP price today is $0.473799 USD with a 24-hour trading volume of $2,833,524,754 USD. XRP is down 1.35% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $21,512,378,294 USD. It has a circulating supply of 45,404,028,640 XRP coins and a max. supply of 100,000,000,000 XRP coins.
The top exchanges for trading in XRP are currently Binance, Huobi Global, Bybit, OKEx, and BitZ. You can find others listed on our crypto exchanges page.
Technical Analysis:
there are total of 3 Targets Defined by Fibonacci Projection
3 TP is very dependent on the Process of the 2TP achievement. (Triger followed some retracement)
$XRP $XRPUSDT Ripple PT 2-2.25 and higherRipple executives file to dismiss SEC lawsuit as XRP prices soar
Tailwind of legal wins propel XRP’s market cap past US$70 billion as Ripple CEO and chairman ask court to drop SEC’s charges against them.
On the back of twin legal victories last week as part of pre-trial discovery, Ripple CEO Brad Garlinghouse and chairman Chris Larsen are asking a judge to dismiss the U.S. Securities and Exchange Commission’s lawsuit against them permanently.
According to legal filings on April 12, Garlinghouse and Larsen have submitted motions to U.S. District Court Judge Analisa Torres to dismiss the SEC’s first amended complaint against them with prejudice. If granted, it would end the lawsuit against them and prevent the SEC from refiling the same charges in the future.
“The SEC is straining to invoke a World War II-era precedent about orange groves to the nascent technology around digital assets and blockchain. It does not work in this case, and this effort to destroy Ripple Labs Inc. (“Ripple”), a vibrant U.S. company that has spent years working to develop technology to make cross-border payments faster, cheaper, and more reliable, will be dealt with on summary judgment,” stated Garlinghouse’s attorneys in their preliminary statement, which called the lawsuit “the SEC’s extraordinary decision to sue individuals in the face of years of regulatory uncertainty about how it would try to regulate this new technology.”
In their statement, Larsen’s attorneys said: “The SEC seeks to re