Xrpanalysis
XRP could drop further!- As we can see XRP is consolidating between $0.30 and $0.53, we may see further drop in price due it following the daily trend line.
- Remember once the SEC case is over XRP will pump hard within 1-2 years, I don't think it will be overnight as that would make it a pump and dump!
- NOT FINANCIAL ADVICE!
📈✌XRP will jump to 1$ after the court result?✌📉BINANCE:XRPUSDT
BITFINEX:XRPUSD
BITSTAMP:XRPUSD
First, please take a look at my previous analysis and positions.
As the outcome of the Ripple court is approaching, there is a possibility that the price will jump to higher peaks.
The current level of the price is near the middle line of the long-term price-channel, which in case of more pressure from the sellers, the price can fall to the levels below the second yellow area.
Of course, I foresee a bullish scenario!!!
between now and the yellow areas, you can open a long position in two steps.
If the price rises and reaches the yellow line, you can risk-free the position.
TP1-2 are on the chart.
The optimum stop-loss is below the second yellow area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
#Ripple Remains Bullish but XRP Upsides Limited at $0.55Past Performance of XRP
The ongoing SEC case has largely influenced the recent performance of XRP prices. From the XRPUSDT daily chat, buyers have the upper hand. Technically, XRP is within a bullish formation and trading above $0.40 with decent trading volumes. Of note, even as the broader crypto market contracted, XRP bulls have been firm, rejecting any attempt lower. Therefore, as long as prices are trading above $0.40, buyers are still in control.
#Ripple Technical Analysis
The immediate trend is bullish, and XRP is within a bullish breakout formation. The September 22 bull bar sets the trend in the near term. Therefore, from an effort-versus-result perspective, traders may begin looking for entries on every pullback, targeting September 2022 highs at $0.55. Further gains may see XRP expand to $0.60, retesting Q1 2022 lows. In anticipation, and with the trend set, traders could ramp up on the current retest, accumulating as they wait for the ride up. This preview, nonetheless, is only valid if prices are above $0.40. If there are deeper losses, the breakout formation will be nullified.
What to Expect from #XRP?
Conservative traders may stay on the sidelines until there are gains above September highs. Then, there would be no doubt about the upside's momentum. How prices react at, or around, $0.40 would signal whether buyers or sellers have a go-ahead.
Resistance level to watch out for: $0.55
Support level to watch out for: $0.40
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ripple - positive dynamics + news background. Accumulation for 130 days ended with a successful test of purchases, followed by an exit from the trading range on the rising volume of purchases.
This instrument has all the prerequisites to start trending upward, and the news background is supporting the positive dynamics: the SEC and Ripple Labs have filed motions for summary judgment on a possible violation of the Securities Act. Plaintiff and defendant explained that the judge had sufficient information to do so.
The company's lawyers pointed out that the Commission had run out of arguments in trying to prove that the XRP sales constituted an "investment contract." The SEC noted that it was able to confirm this.
If you like the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
XRP | Ripple Rose +17% On New SEC Lawsuit Developments -NEXT?XRP | Ripple Rose +17% On New SEC Lawsuit Developments -NEXT?
Ripple Labs scores a big victory as Judge Torres orders the SEC to turn over documents
from a 2018 speech given by William Hinman, then SEC Director of the SEC’s Corporate Finance Division
This decision comes after a long battle that could decide the fate of many cryptocurrencies. - (source cryptosnewss)
Technical analysis:
After the price created a new high near 0.5590 the price pulled back by
correcting approximately 50% of the bullish movement that began September 6, 2022.
This deep correction was stoped from the support area and also a very strong structure near 0.4100.
As we can see the bounce was very strong by showing also that the buyers were well positioned to add
on their long positioned at near that zone
On the 4-hour chart, that price completed a very beautiful bullish triangle pattern and the news related to
SEC is supporting this crypto double this time.
Targets are still the same:
🎯 0.59567
🎯 0.70017
🎯 0.88119
Thank you and Good Luck!
Previous Analysis:
XRP - Fractal Shows +300% DON'T MISS ITHi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
XRPUSDT is looking bullish and currently retesting the support zone of $41c. Earlier last year, we saw a similar situation play out - range trading underneath the support, then a sudden increase above this support followed by a parabolic rally of +300%. HOWEVER, before going parabolic , a double top occurred in the 3D timeframe and XRP holders got shaken out UNDER the support. This might be an excellent buying opportunity, if the price wicks under the support line again.
While you're here! This is my view on BTC :
Bitcoin has been extremely volatile lately, jumping from $18K to $20K and back again in only a day. This is where lots of positions get shaken out and I would be EXTREMELY cautious to trade leverage now.
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CryptoCheck
Two pathway for XRP targeting 0.9$XRP / USDT
XRP made a surprise move like he always does
And broke-out a long term trendline resistance (dotted yellow trendline )
currently it is facing a strong horizontal resistance (violet color)
Two possible pathways for XRP now :
1- Direct breakout to 0.87$ - 0.9$
2- Pullback and continue the movement to 0.87$ - 0.9$
Where is XRP fans ? Do you agree ?
Share with me in comment section below ⬇️
XRP: Bullish Volume Appears Stronger Than Expected! What's Next?XRP: Bullish Volume Appears Stronger Than Expected! What's Next?
During the previous analysis, XRP was above the triangle pattern and
now we can see it above the first and strongest 0.4200 resistance zone.
We are in good profits already.
If the price manages to hold above 0.4200, the next upside move will be
confirmed if the price bounces above 0.4400 - 0.4600.
For that breakout, I think XRP should accumulate a bit more volume.
If this area is to be cleared, it will rise further for the next target up to 0.5900
Thank you and Good Luck!
XRP | The Price May Rise Further After The BreakoutXRP | The Price May Rise Further After The Breakout
On the lower part of the structure XRP testested
the old and the strongest support area again by creating in this way a bullish triangle.
The price is actually above the pattern by increasing the chances
for the next bullish movement.
It looks like it will not stay for a longer time period in the zone were it is right now.
Targets:
🎯 0.44491
🎯 0.58862
Thank you and Good Luck!
XRPI reviewed Ripple because of a friend's request about Ripple:
Like many cryptocurrencies, Ripple is in a downward trend with no signs of ending. And I think this trend will continue and the probability of a break, wedge, or triangle, or whatever you like to call it, is more to the downside. The market cap of XRP also has the same conditions as its chart.
Follow me, like, comment, and write questions.
Observe the money management and the stop loss.
XRP bearish flag#XRP/USDT
$XRP is trading inside ascending channel and price is above lower zone of this channel.
🐮 breaking out from resistance zone of $0.34 will increase price to upper resistance zone which is the same with middle zone of the channel.
🐻 break down from lower zone of channel will active bearish flag pattern and possible to drop price to support zone around $0.3 and $0.26.
XRP Ripple Gearing Up For A CorrectionHey Everyone, Schyler here with NewWave Traders.
In this chart I'm projecting XRP to experience a correction mid term with continued upside. This dip will be for buying in my opinion.
Bearish divergence between the 3rd and 5th wave as well as wave structure supports this bias and some TDI signals on top of that.
Let me know your thoughts in the comments below. Are you invested in XRP? Do you just trade it? Would you buy this dip I'm projecting?
Look forward to your answers below.
XRPUSDT Analysis Bullish movePlease support my work by clicking the LIKE button(If you liked).Thank you!
XRP is trading near resistance zone, the bulls will strength only above break of its previous high.
I think it will go Bullish for long as you can see it is making bullish trend .
So it's better to buy it while it's in support.
Good luck everyone!
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Ripple (XRP) USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
XRP/USDT UPDATE :-
Ripple found good support above $0.37 and managed to get back to the key resistance. The question is if the bulls can break above. A clean breakout could take the price towards $0.60, which would bring back much-needed attention to XRP.
Looking ahead, the cryptocurrency could attempt to rally higher, but the market is at a crucial junction now. A pullback in the market leaders like BTC and ETH will likely not allow XRP to rally at this time. Nevertheless, the indicators remain bullish and the outlook is positive.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Ripple Swings Bearish as XRP Dumps from $0.40 ResistancePast Performance of Ripple
XRP prices are lower when writing, retracing from last week's highs. At spot rates, prices are trending inside a broader $0.09 trade range with caps at $0.30 on the lower end and $0.39 on the upper end. The failure of bulls to clear the primary resistance points to weakness, a bearish formation.
#Ripple Technical Analysis
The path of least resistance is southwards from a top-down analysis, but this can change if prices surge above $0.39 and $0.40. Thus far, there are lower lows relative to the upper BB coinciding with the bounce from the critical support pointing to waning upside momentum. Clearly, the bar of July 25 is with high trading volumes, possibly signaling local tops. Per this arrangement, aggressive traders may unload any attempt higher with safety nets at around $0.40. If bears press on today, Ripple prices may crumble below the middle BB, towards $0.30 in the short term.
What to Expect from #XRP?
Fundamental factors on Ripple may be solid, but that has failed to translate to higher prices as per the formation in the daily chart. The immediate liquidation level is at $0.40. It must be broken for the buy trend continuation set in motion in the first half of last week.
Resistance level to watch out for: $0.39
Support level to watch out for: $0.30
Disclaimer: Opinions expressed are not investment advice. Do your research.