✴️ XRP Continues (Quick Update) | Ripple Wins?You can check the "Related Ideas" below if you want to go deeper.
There I share the XRPUSDT/XRPBTC long-term and also short-term targets.
In this update we want to look at the current price action.
After the initial breakout, XRPUSDT consolidated for 5 days and now is back above resistance.
This is ultra-bullish.
The chart showing bullish signs means that Ripple is about to win.
The chart predict what is coming.
The chart is saying that a bullish development will take place.
What can be more bullish than a Ripple win in the case vs the SEC?
Namaste.
SEC
XRP decision timeWith BTC on the cusp of a big pump to 30k this weekend, XRP has been pumping hard with purely fundamentals, based around the lawsuit and Gary Gensler begging for more money to run the SEC.
This lawsuit has been consistently predicted to end now or anytime in the future. However, should we DCA in to protect ourselves encase of a pump.
Very strong resistant points for both btc and XRP has been foiled, however xrp had a 30% pump and currently down 14% hitting my first DCA zone :O, its not looking great on the charts ATM maybe zone 2 is hit!
I for one do not want to miss out if we do pump more so I have illustrated my 2 DCA points for XRP. once xrp is past the mid 0.60 cent region we can expect it to pump up towards a 90 cent area before struggling in my opinion, without the news. TPs will be set along the way. However, if news drops that XRP is settled or better has won the entire crypto space will pump with XRP leading.
Other things to consider, Ripples acquaintances within global economic institutions IMF etc, consider the cross boarder routes created, consider SBI testing ripple on FX markets ($6.6 trillion market, ripples forward announcements about developing CBDCS. Will these factor into XRP's price?
I for one will hodl not derivatives trade XRP for the long term (unless big bear market then everything's being sold including my pants)
What do you think?
Tron TRX Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Tron TRX Price Targets:
TRX/USDT short
Entry Range: $0.060 - 0.066
Price Target 1: $0.055
Price Target 2: $0.045
Price Target 3: $0.030
Stop Loss: $0.074
TRADE ALERT - Take ProfitTraders,
7 wins in a row. Over half with XRP thus far. Gotta stay disciplined and keep to our plan on this. As you know we bought at .36. Sold at .42 and .49. Re-entered at .44 and .42. And now selling half here at .49. Congrats for those who have followed me in these latest trades. Stay tuned. More to come.
Stew
March 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.07% over the last 24 hours and rose to an intraday high of $28438.47. The largest cryptocurrency continues to trade around the $28,000 price level, as markets await the upcoming Federal Open Market Committee (FOMC) meeting. It is anticipated that the Federal Reserve will maintain rate hikes but at a slower pace of 25 basis points. Buyers currently have an advantage in the market as indicated by the rising 20-day exponential moving average at $25,039 and the relative strength index (RSI) in the overbought territory. If the outcome of the FOMC meeting meets the expectations, the BTC/USDT pair may have the potential to surge to $30,000.
Today’s Cryptocurrency Headline
Sushi DAO and Key Contributor Receive SEC Subpoena
Sushi DAO and its CEO, Jared Grey, were subpoenaed by the U.S. Securities and Exchange Commission (SEC). In response, Grey proposed a "Sushi DAO Legal Defense Fund" to cover legal costs for core contributors up to $3 million in USDT, with an additional $1 million available if needed. The fund would pay for attorneys' fees and other costs for contributors involved in the project from April 2022 until legal proceedings end. Sushi DAO is cooperating with the SEC and will not comment further.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
XRP Price targets if SEC will ban Crypto StakingCoinbase CEO says he heard rumors the SEC wants to ban crypto staking.
Already crypto exchange Kraken shuts down crypto-staking.
This will have ripple effects in the entire industry!
My price targets for XRP are:
XRP/USDT short
Entry Range: $0.35 - 0.40
Take Profit 1: $0.32
Take Profit 2: $0.29
Take Profit 3: $0.25
Stop Loss: $0.44
BNB Binance the next FTX and the Crypto Collapse I don`t think the bear market is over because of BUSD issues.
The Securities and Exchange Commission has told crypto firm Paxos who issued BUSD, that it plans to sue the company for violating investor protection laws.
Binance was the biggest holder of BUSD, with holdings worth $12.3bn, equal to 58% of the stable coin’s circulating supply on Ethereum, as of 1 October 2022.
On Sept 29 2022: "Existing USDC, USDP and TUSD balances in user accounts will be automatically converted to BUSD at 2022-09-29 03:00 (UTC) (“Auto-Conversion”)"
So after the SEC lawsuit i assume people will move from BUSD to USDT, which needs to print new coins and make bigger reserves. But they already have problems with liquidity, not all the market cap being assured by dollars.
USDC is issued by Circle, in which Goldman Sachs and other US entities invested.
In conclusion, i believe that after Binance delisted USDC, we are witnessing a war between the establishment represented by Circle and Binance, which could prove insolvent is people will fully exit BUSD and BNB. Paxos already announced that it won`t issue more BUSD after the SEC warning.
Binance also shuffled +$1 Billion in customer assets without customer permission, just like FTX - Forbes wrote in an article.
I think the SEC is after Binance.
In just 4 years, BNB, Binance Coin, made an impressive 7197X gain.
Considering it overvalued, i have used the Fibonacci retracement tool to determine the next support level.
My price target is the 0.786 level, respectively $160.
Looking forward to read your opinion about it.
BTC UPDATE Currently #Bitcoin is heading for a correction.
Reasons being that;
BTC inflow is HIGH
BTC trading at overbought range.
Theres a CME Gap at 19.9k - 20.8k
The dollar index(DXY) Reversal
Hence Bitcoin is looking for healthy correction here..
Anyone looking for a Short opportunity should consider placing a short at these ranges
Short BTC : 20800 - 21800
Target : 19600 - 18400
Moreover, fundamentals are rekt as SEC is still investigating DCG, Gemini and Genesis.
One word from the SEC will crash the market down more than expected.
So trade carefully champs!
#ReNLoG
Gary Gensler Gunning for Gemini & Genesis & other CautionsBitcoin seems bullish. Will this run continue? Before we get too bullish, I want us to be cognizant of a few caution flags I am seeing.
1. Daily RSI Overbought
2. Downtrend Resistance at $18,700, a key price.
3. Shorts Way Oversold!
4. S&P Resistance at huge Area of Confluence
5. Gary Gensler Gunning for Gemini and Genesis
XRP BULLISH TREND EXTENSIONRipple supporters are gaining momentum with some small victories in the crypto world's ongoing case of the century. Whales are moving vast amounts of assets between wallets, those are all indicators of something big going on. XRP is currently the top gainer and that trend broke as well a solid resistance at 0.373. We shall see more volatility as the case unwraps.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
ETHEREUM BEARISH SCENARIOETH price may find support near $1,315, and a bearish breakthrough of that level might open the door to more selling to $1,275. A lot of uncertainty on crypto regulations is pulling investors from classic projects like ETH and BTC and pouring into the new generation of crypto assets such as Solana and Cardano. SEC is pressured and this is considered a ticking bomb with multi-directional shrapnel that might end a few giants and crown the new era.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
XRP pump long overdue, 22 months old bullish falling wedgeBasically, XRP has been in a bullish falling wedge pattern for the past 22 months and this pattern is on the verge of ending (at the end of Jan 2023).
The price already broke out to the upside in Sep 2022 and re-tested the support line during the Nov 2022 FTX-crash.
Now we have been going sideways and are waiting for the price to pump to around $1.60
Maybe some good news with regards to the Ripple-SEC-case will provide the catalyst for the price to go up, but either way, the charts is bullish and the technicals alone should also make the price to move, soon.
Inshallah.
XRP - If Not Now, When? 🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 XRP has been overall bearish trading inside the falling brown channel.
XRP is currently approaching a strong weekly support 0.25 - 0.30 so we will be looking for short-term buy setups.
📕 As per my trading style:
As we approach the green support, I will be zooming in to lower timeframes and look for any bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📊 For the bulls to over from a long-term perspective , we need a weekly candle close above 0.6 which would be breaking both the last major high and upper brown trendline.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
I SEE IT COMING CZ Binance FUD is getting serious after the inconvenient CNBC appearance of CZ, removal of last audited files & the large amount of withdrawals last week.
SBF's $250m bail & return to his parents after stealing over $10b seems like a joke, but his past financial aids and donations to election campaigns paid off! and guess what? they will even attack Binance as a revenge!
Binance is a private company and it is not forced to share very detailed financial reports! but Gensler can do whatever he wants.
I will be a happy buyer of $BNB at $200 or lower.
XRP target price $21-$153 for 2024-2025Here are the metrics/indicators i am using for the 2-day chart on the XRP token: Using an ascending channel starting from the low in 2017 to the high in 2017 of about $3.25 as the first huge increase of 60,000%. I am using a fractal for the possible outcome in 2024/2025 if XRP moves the same percentage of 60k% which would put the price between $21 and $153 for 2024/2025. the red boxes are accumulation zones with a breakout following. Please understand that there are a variety of reasons for this price action and one is the summary judgment in late March 2024 which could help. Also, We have the Bitcoin halving in April 2024 which may help altcoins rise. The low for XRP may be at the $0.17 range given more bad news with exchanges going insolvent or other hedge funds or even a tether run of some sort. We do have a few more interest hikes by the Feds which will most likely end in March or late 1st quarter. If nothing else is thrown into the mix we may be nearing the bottom for crypto in general sometime in early 2023.
note: the trendline from the bottom of 2017 to a possible $0.17 support is only speculative but if this turns out to be accurate then a great suport for a bounce after the accumulation we see in the second red box.
Don-Key Finance after the XRP win and BTC halving My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many would be terrified at these prices but these are the entry points that can offer the best crypto returns given the platform's success. The XRP outcome along with the Bitcoin halving could bring the Bull run we are all expecting within a certain time frame. The final date for summary judgment with Ripple is the end of March unless this is moved. The BTC halving should come on April 12th, 2024. Both of these dates could bring another level to the crypto markets that catapult many projects to new highs.
XRP VOLATILITY EXPECTATIONXRP is one of the most controversial cryptos out there, soon to be 2 years since SEC opened a case against Ripple Labs. for distribution of unregistered securities. There are many rumors out there that a settlement might happen later today on the 15th of December 2022. This calls for volatility on the asset either way, if there is a settlement and if there is no settlement. Many retail investors will wait for a fat green or red candle and many orders are expected to be placed based on sentiment and speculation. Might be a good run for intraday trading. 3 major central banks will also hold Interest rate sessions on the 15th, which based on historical data might be shaking the markets all day as well.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EOS and SEC!!! EOS against BTC has been in a downtrend for a very long time. The chart says it all, but lately the chart is creating a higher low and will indeed create a higher high soon.
IMPORTANT - SEC has already fined EOS this makes EOS safe from SEC. Nothing more to say than accumulate from here.