Do you believe the x2 growth of the Ripple XRP price ?The XRPUSDT trading pair is very specific, it moves as it wants and when it wants, regardless of the market trend.
The abnormally large issue of 100 billion coins, half of which are currently in circulation, makes XRP "clumsy".
But this does not prevent XRP from having a large caste of fans who believe that "soon" the price of XRPUSDT will reach $10, although they have believed in this since 2017 and may have been holding it since then ;)
Miracles rarely happen in the world, but perhaps the XRPUSDT price is again preparing for a rapid x2 growth to the $1 area ?)
What do you think? It was really good in the summer, can they do it again?
Rippleusd
XRP Try to Break another Top This is one more update from me, As an XRP Trader I already made an entry from this Area, unless if break a red dot line I need to make an analysis. because this is my Stoploss area.
I predict a good uptrend price will be around the uptrend channel until meets 161.8% Fibonacci
for me, this is a wave C in the early stage this is a potential low price to entry buy. but what can I say this is my method to explore this market.
be careful of market sentiments need more alert on pump & dump.
what I can say XRP is now manipulated by a shark or internal dumper to stabilize the price and push the holder to dump and the whale will be pumped back. that is my opion .
DYOR
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
XRPUSDTReview
Ripple is trading above strong support at $0.58. Bitcoin as a whole gave a good upward impulse, which only benefited XRP.
If the upward movement continues, we consider the following targets: 0.711 – 0.899 – 1.039 – 1.180.
However, this idea will lose relevance if buyers fail to hold support at 0.58.
In case of updates, we will inform you immediately.
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Why XRP's Recent Challenges Signal a Golden Opportunity
In the ever-evolving landscape of the cryptocurrency market, CRYPTOCAP:XRP has emerged as a dynamic player, navigating through challenges and opportunities alike. Recent events, including a dip in its price and substantial transfers to centralized exchanges, have sparked curiosity and concern. However, astute investors understand that beneath the surface lies a strategic chess game that could lead to significant gains. We will delve into the current state of CRYPTOCAP:XRP , examining both the technical indicators and the strategic moves that position it as a compelling investment.
I. Technical Analysis:
Despite the recent slip in XRP's price, a closer look at the technical indicators suggests a broader upward trend. The currency is comfortably ensconced within a rising trend channel in the medium to long term, reflecting increasing optimism among investors. Key support at $0.53 and resistance at $0.70 indicate a healthy trading range, providing opportunities for both short-term and long-term investors.
The correlation between volume tops and bottoms with corresponding price movements strengthens the bullish trend. Investors can interpret this as a sign of robust market activity, with significant trading volumes aligning with key price movements. In essence, the technical assessment positions XRP favorably for the medium to long term.
II. Strategic Wallet Transfers:
Recent whale transactions, involving the movement of 46.60 million XRP to prominent centralized exchanges, have raised eyebrows in the crypto community. However, a deeper analysis unveils a strategic narrative. The transactions originate from the same wallet address, suggesting a recurring phenomenon tied to Ripple's collaboration with Bitstamp and Bitso. These exchanges, known for utilizing Ripple's payment services, point to a symbiotic relationship that could contribute to XRP's future growth.
III. Market Analyst's Perspective:
While recent price fluctuations might have triggered concerns, prominent crypto market analyst Cryptoes remains bullish on XRP's prospects. The analyst highlights the recent dip as a temporary setback, emphasizing that XRP's close below the white trend line only impacts its short-term performance. Notably, a close back above the trend line by Sunday night is seen as a potential catalyst for a robust start to the new year for the Ripple-backed token.
IV. Seizing the Opportunity:
In the volatile world of cryptocurrencies, challenges often create opportunities. XRP's current position, supported by technical indicators and strategic collaborations, presents a compelling buying opportunity. Astute investors who recognize the long-term potential and understand the underlying dynamics can position themselves strategically to ride the next wave of growth.
As XRP navigates through market fluctuations and strategic moves, it remains a cryptocurrency with substantial potential. The recent challenges, when viewed in the context of broader trends and strategic collaborations, underscore a buying opportunity for investors. Seizing this moment requires a careful understanding of both technical indicators and the evolving crypto landscape. In the grand chess game of cryptocurrency investments, XRP may just be setting the stage for a triumphant move.
WHY RIPPLE’S XRP COULD SMASH ALL-TIME HIGH IN 2024WHY RIPPLE’S XRP COULD SMASH ALL-TIME HIGH IN 2024
As the cryptocurrency world continues to evolve at a breakneck pace, Ripple’s XRP stands out as a token with significant potential. The year 2023 has been a rollercoaster for cryptocurrencies, but XRP has shown remarkable resilience and growth, surging by almost 80% since the beginning of the year. This growth trajectory has fueled speculations and predictions about XRP smashing its all-time high in the upcoming year 2024, riding on a wave of positive developments and market dynamics.
The journey of XRP in recent times has been anything but ordinary. Hindered by the legal battles with the Securities and Exchange Commission (SEC), XRP was one of the few major projects that didn’t hit its peak during the 2021 bull run. However, the tables are turning. With a favorable ruling from a US district court and anticipation of positive outcomes from the ongoing legal saga, XRP is poised to reach new heights.
Ripple ($XRP) Registers With Central Bank of IrelandRipple has registered with the Central Bank of Ireland ahead of the implementation of the MiCA law next year. The company plans to seek a license from Ireland to comply with the new EU-wide regulations for crypto firms. Two months ago, crypto exchange Coinbase selected Dublin as the location for its EU headquarters.
Ripple's recent decision to establish a foothold in Ireland signals a strategic move aimed at leveraging the country's position as a gateway to the European Union. The company, known for its enterprise blockchain solutions, has registered with the Central Bank of Ireland as a virtual asset service provider. This move is not only driven by the desire to access the European market but also to comply with upcoming EU-wide regulations for cryptocurrency firms.
Regulatory Landscape:
Ripple's proactive approach to regulatory compliance sets a positive tone for its operations in the EU. With the impending launch of the Markets in Crypto-Asset regulation, Ripple aims to secure a license from Ireland, allowing it to passport its services to the entire EU, comprising a population of 450 million. This move aligns with the broader trend of cryptocurrency firms seeking regulatory clarity, which, according to Ripple's Senior Vice President Eric van Miltenburg, enhances confidence in the digital assets, payments, and fintech ecosystem.
Coinbase's Precedent:
Ripple's decision to make Ireland its European hub follows in the footsteps of leading cryptocurrency exchange Coinbase, which also chose Dublin for its EU headquarters and secured a MiCA license. The choice of Ireland by both Ripple and Coinbase underscores the country's appeal as a business-friendly environment with tech-friendly policies and a low corporate tax rate. This aligns with the broader trend of major global tech firms, including Google, Meta, and Apple, benefiting from Ireland's favorable business conditions.
Tech-Friendly Environment:
Ireland's reputation as a tech-friendly hub has attracted several major players in the tech and cryptocurrency sectors. Ripple's presence in Dublin since 2022 indicates the company's recognition of Ireland's potential as a strategic location for its operations. The alignment of Ripple and other tech giants in choosing Ireland further solidifies the country's standing as a preferred destination for companies seeking a European base.
Legal Challenges in the US:
Despite its positive strides in Europe, Ripple continues to face legal challenges in the United States. Since 2020, the company has been entangled in a lawsuit with the US Securities and Exchange Commission (SEC). The regulatory body alleges that Ripple engaged in the handling and raising of funds using unregistered securities with XRP, the token integral to Ripple's transaction facilitation network.
Market Sentiment and Potential Impact on XRP:
The ongoing legal battle with the SEC has undoubtedly cast a shadow over Ripple and its native cryptocurrency, XRP, in the US market. However, Ripple's strategic moves in Europe, especially in Ireland, may bring a renewed sense of confidence among investors. The commitment to regulatory compliance and the establishment of a European foothold could contribute to a more positive market sentiment surrounding XRP.
Key Takeaway
Ripple's strategic decision to make Ireland its gateway to the European Union reflects a forward-thinking approach to regulatory compliance and market expansion. While legal challenges persist in the US, the company's endeavors in Europe, alongside the broader trend of regulatory clarity, may position XRP for a potential surge in market value. As the cryptocurrency landscape continues to evolve, Ripple's actions in Ireland could play a pivotal role in shaping the future trajectory of XRP.
XRP Retesting (again) supportRipple coin is retesting (again, fot the 11th times lol) a very strong support area. How much chances are there that it hold again? Honestly alot. We can see a consolidation, maybe a long squeeze, but next it could pump hard till my target. Remember always that XRP pump last, and usually it starts to pump when BTC dump. BTC is dumping so...
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.
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.
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
Cardano Founder and XRP Community Are at Each Other’s ThroatsThe truce between Cardano founder Charles Hoskinson and the XRP community is broken with conspiracy theory allegations.
The truce between Cardano founder, Charles Hoskinson and members of the XRP Community is currently being threatened following the recent spat on X over the role of Ethereum’s core developer Joseph Lubin in the regulatory crackdown on Ripple Labs Inc. by the United States Securities and Exchange Commission (SEC).
Cardano Founder and XRP Community Truce Broken
The root of the current spat stems from a recent interview granted by Hoskinson in which he tasked leaders in the community to stop spreading “conspiracy” theories over the alleged bribery of SEC officials to go after XRP through Ripple Labs while giving Ethereum and Bitcoin a free pass.
XRP Community member Mr Huber (@Leerzeit) called out Hoskinson for painting the community in a way that makes them look ridiculous and embarrassing to the public. Hr Huber said the Cardano Founder has done this over the past 2 years despite his offering of peace.
Responding, Hoskinson maintained his position saying that irrespective of the social volume of posts shared on this matter, it does not negate the fact that there is no evidence to substantiate the claims that Joseph Lubin, ConsenSys founder sold out XRP as the community claims.
Charles Hoskinson said while waiting for evidence from the XRP community, he will maintain his position that the claims Ethereum was favored at the expense of XRP remain untrue.
Conflict of Interest at the SEC?
Connecting the odds between XRP, Ethereum, and the SEC relationship at the time the SEC lawsuit was filed is a strong debate in the crypto ecosystem today, with many pro-crypto lawyers sharing their takes on the matter. The conflict of interest that John Deaton has pointed out now stems from the relationship between Jay Clayton’s law firm Sullivan & Cromwell and ConsenSys, whose fortune rests entirely on Ethereum.
With Jay Clayton stepping away from his role at the SEC days after the historic Ripple Lawsuit was filed to join One River Asset Management, a firm with deep stakes in Bitcoin (BTC) also lends credence to the assumption that the crackdown on XRP at the time had more to do than just matters of the law.
Ironically, Cardano (ADA) has also been marked by the SEC as an investment contract, a positive that places Charles Hoskinson in the same position that Brad Garlinghouse was back in December 2020.
XRP News: Ripple & Whale Move Over 106 Mln XRP As Price NosediveXRP, a cryptocurrency jacked up by Ripple Labs, once again appears to be creating a sense of frenzy within the cryptocurrency universe following the increase in whale activity orbiting around the token today, November 28.
The whale activity encompassed two significant transactions, transferring tokens to centralized exchanges and unknown wallets simultaneously.
Concurrently, the XRP price also noted slight price falls, subsequent to the surge in whale movements. Despite the ripple community’s ongoing efforts to build up support for their token, the price fall portrays market sentiments on the contrary.
A Closer Look Into XRP Whale Activity
As per the data unveiled by Whale Alert, a platform offering blockchain tracking metrics, two massive transactions occurred today.
The first transaction that enticed market enthusiasts moved a whopping 80 million XRP from Ripple to an unknown wallet approximately 9 hours ago. Reportedly, the unknown wallet address, JqiMb94hy…W8AzELa8nE, received these funds from a wallet on Ripple, amounting to $48.11 million. Besides, the prior stated transfer indicates a potential decrease in the circulation supply, which should have resulted in a price surge. However, today’s XRP price seems otherwise.
Furthermore, the second transaction that gained significant attention within the broader crypto markets transferred 26.70 million XRP to Bitstamp, a Luxembourg City-based digital asset exchange. As per the data, the unknown wallet, r4wf7enWPx…5XgwHh4Rzn, made the transfer approximately ten hours ago. The amount of tokens transferred to Bitstamp totaled $15.97 million at the time of writing.
The same wallet has been noted transferring over hundreds of millions of XRP to CEXs like Bitstamp and Bitso in a series of transactions over the past few days. These transfers of tokens to exchanges hint toward a possible surge in supply, thereby reducing the demand. The price fall witnessed by the token appears to fall in line with the recent dumping of tokens to exchanges.
XRP Price Report
At the time of writing, the XRP price witnessed a marginal downfall of 0.75% in the past twenty-four hours, reaching $0.6018 today. Furthermore, the cryptocurrency also witnessed a slight fall of 1.29% over the past week.
Concurrent with its price fall, the twenty-four-hour trading volume for the XRP cryptocurrency also witnessed a substantial decrease of 24.84%, evaluating $1.06 billion.
The price fall appears to come despite the community’s efforts to jack up the XRP tokenomics. In recent news revolving around the Ripple community, Wietse Wind, the founder of XRPL Labs and the Xumm Wallet, recently pointed out an innovative partnership with MasterCard. The partnership eyes the integration of Mastercard debit cards into the XRPL wallet to foster and revolutionize the way XRP is used.
Whale Dumps Over 25 Mln XRP Amid A Price Slump
XRP Price: The XRP cryptocurrency gains significant traction within crypto markets as it recently witnessed an increase in whale activity.
XRP, a Ripple Labs-backed cryptocurrency, is once again creating a buzz within the world of cryptocurrencies as it witnessed significant whale activity as of today, November 27.
According to recent market data orbiting around the Ripple-backed cryptocurrency, an XRP whale transferred colossal amounts of XRP to a centralized exchange.
Furthermore, the same whale has been observed transferring millions of XRP to CEXs in a series of transactions over the past few days.
Subsequently, the XRP price also witnessed a marginal plunge over the past day as of writing.
XRP Whale Activity Report For Today
As per the data provided by Whale Alert, a blockchain tracking platform, an unknown wallet, 4wf7enWPx…5XgwHh4Rzn, transferred 25.5 million XRP to Bitstamp, a Luxembourg City-based digital asset exchange today. The amount of tokens transferred to Bitstamp totaled $15.72 million at the time of writing.
As reported by CoinGape media earlier, the same whale has amassed substantial attention within the cryptocurrency realm as it transferred millions of XRP to exchanges over the past few days.
Furthermore, the dumping of massive amounts of XRP to Bitstamp appears to come concurrent with the recent price fall witnessed by the token. The dumping of tokens to exchanges usually portrays a possible increase in supply, resulting in reduced demand for the cryptocurrency.
XRP Price Evaluation
At the time of writing, the XRP price witnessed a marginal downfall of 1.89% over the past twenty-four hours, reaching $0.6093. Moreover, the token witnessed a 1.69% decrease over the past seven days.
However, the twenty-four-hour trading volume saw a notable increase of 128.08%, evaluating $1.30 billion.
The mentioned decline in price appears to coincide with a notable increase in whale activity, as substantial amounts of XRP are being dumped onto exchanges.
Furthermore, in recent news revolving around the cryptocurrency backed by Ripple Labs, Brad Garlinghouse, the CEO of Ripple, shared his insights in a social media post in response to the comments made by former U.S. Securities and Exchange Commission Chair Jay Clayton about cryptocurrency regulation. Garlinghouse’s reaction was prompted by Clayton’s recent supportive remarks toward cryptocurrency entrepreneurs during a Council on Foreign Relations event.
XRPUSD double fibonacci patternCRYPTOCAP:XRP perform a nice bullish wave at previous analysis and still follow fibonacci rules.
We have 2 setup here :
Setup 1 :
ABCD pattern with entry at $0.6021
Stoploss at $0.5616
Target at $0.8333
Risk reward ratio : 6.78
Setup 2 :
Harmonic pattern with entry at $0.6021
Stoploss at $0.5661
and target at $0.7177
Risk reward ratio : 3.44
Good luck
Exciting Opportunity: XRP's Recent Falling Wedge Signals a BulliI wanted to reach out and share some fantastic news about XRP, as it has recently formed a falling wedge pattern that indicates a potential bullish breakout in the near future. This is definitely a moment to pay attention to!
For those who may not be familiar with technical analysis, a falling wedge is a bullish chart pattern characterized by converging trendlines that slope downwards. It typically represents a period of consolidation before a significant upward move. And guess what? XRP has been forming a beautiful falling wedge pattern, setting the stage for a potential breakout to the upside!
Now, I understand that investing involves risks, but the current market conditions and XRP's technical setup make it an incredibly enticing opportunity for those looking to go long on XRP. The falling wedge pattern suggests that the price of XRP is likely to experience a strong upward movement, possibly leading to substantial gains for investors who position themselves accordingly.
So, why should you consider going long on XRP? Here are a few compelling reasons:
1. Technical Indicators: Traders and analysts widely recognize The falling wedge pattern as a bullish signal. It serves as a strong indication that XRP's price is likely to reverse its downward trend and embark on a significant upward trajectory.
2. Ripple's Expanding Ecosystem: XRP's underlying technology, RippleNet, continues to gain traction and adoption across the globe. Ripple's partnerships with major financial institutions and banks indicate a growing demand for XRP as a bridge currency for cross-border transactions.
3. Market Sentiment: With the overall market sentimenat turning increasingly positive, XRP stands to benefit from the broader cryptocurrency market's recovery. As investor confidence grows, XRP's potential for substantial gains becomes even more promising.
Now, I don't want you to miss this exciting opportunity! It's time to take action and consider going long on XRP. Investing always carries risks, so it's crucial to do your own research and seek professional advice if needed. However, with XRP's falling wedge pattern and the positive factors mentioned above, the potential rewards could be well worth it!
XRPUSDTXRPUSDT
At the time of writing this post, the price is at the level of 0.57 and is trying to break through the key resistance at the level of 0.58.
If buyers take the initiative and are able to push the price higher, we will see a likely breakdown of this resistance (red line).
If after breaking through we are able to gain a foothold above the level of 0.58, then we will very likely see further growth.
In this case, our targets will be the blue lines: 0.6806 - 0.7314 - 0.8388.
In case of any significant updates, we will update the idea.
Don't forget to show your support by like(rocket) and comment✅
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️