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XRPBTC

Price should hold above 0.47 to start a long term uptrend!Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- (XRPBTC 1W chart) It is declining below the last support at 0.0000 1791. In order to dissipate the rising power, it must rise above 0.0000 2275 ~ 0.0000 2794. XRP, along with SOL, TRX, KLAY, and OP coins (tokens), is a coin that requires a transaction method that recovers the principal amount purchased as much as possible and increases the number of coins (tokens) corresponding to profits. --------------------------------------- (XRPUSDT 1W chart) The key question is whether the price can rise above 0.47 and sustain the price. (1D chart) You need to make sure you can climb with support in the 0.2814-0.4060 range. Otherwise, if it falls below the uptrend line (1) and below 0.3659, it can lead to a large decline, so countermeasures are needed. From a long-term perspective, keeping the price above 0.4542-0.47 is very important. This is because it is a key bottom for long-term investing. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
2
XRP Monthly outlook | XRP Never liesXRP has a huge supply and most of the supply is locked in an escrow wallet. The concentrated supply of XRP in a few hands makes XRP manipulation tough. Most popular manipulations are fake breakouts and pumps crossing critical resistances which eventually fail and playout as bull traps. XRP is of one the only crypto tokens which undergoes a constant selling pressure from its parent company thru market makers. Pumping XRP above critical resistances is not viable as Ripple market makers sell into tops and offload chunks to maintain cashflow. The trend is clearly bearish across all crypos and stocks globally. With companies making record lay offs, an impending recession triggered by a blackswan event is inevitable. This penant marked with yellow lines will breakdown eventually, the person who spots the first 12 hr candle of the impending doom will make the most of it. Remember, Shorting too early is as good as being wrong. Patience is a virtue.
BITSTAMP:XRPUSDShort
by ViradJain
37
XRP started a decent increase from $0.364On the upside, Ripple's resistance is $0.400, and the next key resistance is near the $0.420 level. A clear break above the $0.420 resistance will send the price toward the $0.450 resistance. Any more gains might send the price toward the $0.485 area. If Ripple fails to clear the $0.400 resistance zone, it could continue to move down. Initial support on the downside is near the $0.390 level. The next major support is in the $0.380 area. A close below the $0.380 level will send the price lower. The price could decline below the $0.365 support in the stated case.
by MonoCoinSignal
3
Another range zone is formedIn the lower timeframes, another range zone is formed between the minor support in the range of $0.365 to $0.370 and the main resistance. The Smart Money indicator confirms the current resistance level, and the 4-hour time resistance is considered to be in the range of $0.400-$0.408. Breaking this resistance with 4-hour timeframe candles and its high stabilization can lead to higher goals for Ripple. Targets in the ranges of $0.430 and $0.450 could be the targets of buyers.
by MonoCoinSignal
1
XRP - It's time after 5 years of waiting! Hodlers have been waiting more than 5 years for this upcoming pump that is going to happen to XRP! The best part is that you don't have to wait; simply catch the largest moon phase and profit. I expect XRP to double in price first to hit the symmetrical triangle's POC, which is around 0.81. Maybe even higher, to 0.94, where the 0.618 FIB and high liquidity zone are. After the bulls break the 1.00 level, XRP will go absolutely out of control, and there is nothing that can stop the massive, mind-blowing pump. At this moment, XRP has been moving in the falling wedge pattern, and as you can see, the price is consolidating exactly at the wedge's trendline. We are likely to see a large green dildo very soon, and you should probably set up a breakout order, such as a stop market, stop limit, or conditional order. Or you can buy right now for a higher RR. The breakout could be very quick; you could wake up in your bed and see XRP is 40% up because this is what XRP does. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. On the chart, we can see a failed head and shoulders pattern. It looks like the bulls successfully defended the threat that would send XRP to 0.1. It's very positive, because the bulls are here and they want the price to go higher. From the Elliott Wave perspective, XRP is a little bit different than other coins. We can see 3-wave structures everywhere, and it's not an easy job to do an Elliott Wave count on this coin. I know more about XRP than anyone else. When XRP starts to pump, it's usually a beast. The problem is that it's been a little pump and dump over the past few years. But this time should be different, and the bulls should hold the price after the pump. Let me know what you think about XRP. Do you think it's time for a pump, or is it going to die? Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
63
The narrative about XRP becoming CBDC is misleadingWith the recent rally in the cryptocurrency market, the XRP community is becoming overly bullish again. As a result, we see double, triple, four, and even five-digit price targets being promoted with assurances that nothing will ever go wrong for XRP. However, we would like to remind our audience that there is nothing like risk-free investment in the trading industry. Unfortunately, it seems that with each rally, new ridiculous ideas come to light. Recently, there has been much speculation about central banks adopting XRP as Central Bank Digital Currency (CBDC). As for the United States, there is no mention of such plans on the FED’s website or even in Project Cedar (one which is responsible for the development of CBDC). Regarding Saudi Arabia, which signed a blockchain deal with Ripple in 2018, the story does not seem to be different. The subject of this deal was to create a pilot program for Saudi banks related to cross-border billing account technology (and not to use XRP as CBDC). Furthermore, in 2020, Project Aber (in conjunction with the central bank of UAE) concluded the following: “Note that public blockchain protocols such as Ripple and Stellar, which are often positioned for cross-border remittance use cases, were ruled out because of the obvious need for permissioning and privacy for an interbank payment use case (which these protocols did not support).“ To sum up this quick take on XRP as CBDC, we believe central banks do not need to adopt an already existing cryptocurrency when they can issue one of their own (without dealing with the troubled past of XRP and its executives). Therefore, we warn market participants about this misleading narrative. *If anyone knows more about the subject and plans of any central bank using XRP as CBDC, please share them with us.* Illustration 1.01 Illustration 1.01 displays the daily chart of XRP and the relationship between the price and volume. Over the past two weeks (since 9th January 2023), the volume has declined, accompanying the price increase. That is not a particularly bullish development as it hints at fewer buyers near high price tags. Technical analysis Daily time frame = Bullish Weekly time frame = Slightly bullish (but the trend is very weak) Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:XRPUSD
by Tradersweekly
44
XRP formed a bullish Butterfly | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of XRP coin. Previously the price XRP moved slightly down than buying zone, however recovered soon and pumped more than 22%. Now on a daily time frame, XRP with BTC pair has formed a bullish Butterfly move for another pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
Possibility of complete breaking of the current resistanceXRP has been in a range over the past week, and the 4-hour timeframe candles saw a correction to the $0.366 support area after breaking through the uptrend line support. The strong positive reaction due to the high strength of the buyers caused the previous ceiling to be tested again. The power of yesterday's candle indicates that there is a possibility of a complete breaking of the current resistance. In this case, the higher target we can consider for Ripple will be the $0.50 area. The second resistance overlaps exactly with the ceiling resistance of the descending channel and can cause a negative reaction. This area is a strong supply range; from this level, we expect a price correction to support $0.4089. The main target of medium-term buyers can also be considered in the resistance range of $0.5590.
by MonoCoinSignal
1
Downturn approaching before moonshot!Don't get caught out.. we have a possible downturn approaching as well as things are beginning to look more volatile before the inevitable moonshot past all time highs. As you can see in my predictions since November 9th, it's played out quite rhythmically. Best bet is to buy beforehand but a good final opportunity to buy more Xrp in the downside possibly to 0.36 cents. Anything is possible here as the breakout upwards is just around the corner. If Xrp breaks out.. make sure to buy! If it starts going down towards 0.36 cents.. make sure to buy! Big $$$ to be made in these crucial final stages of a coming bullrun 🐃
BITSTAMP:XRPUSD
by Immortalsouls
2
Another pump and dump or an honest rally?More than a week ago, XRP reached our short-term price target of 0.30$ in a brief and sharp selloff. However, since then, the price has erased its losses and gained over 20% from the low. Interestingly, this retracement coincides with the price returning to the 50-day SMA, which is usually associated with corrections of the primary trend. Therefore, we will pay close attention to this level and its ability to halt further price rise; a breakout above it would hint at a very strong correction of the downtrend (and potentially to a continuation of the rally/trend reversal). In such a case, we will pay close attention to volume levels and whether they will be sufficient to propel the price higher. Since the lows, the volume-price trend has been bullish; therefore, we will look for a decline in volume to suggest the exhaustion of the rally. Furthermore, we will closely observe the stock market to which cryptocurrencies are highly correlated. Based on the premise that the U.S. market is set to dive deeper into a recession in 2023, there is a very high likelihood of the stock market returning to lows, dragging XRP with it. Therefore, we think it is too early to announce the start of a bull market. Despite that, we can not ignore the lack of follow-through with the price action in the selloff to 0.30$. Therefore, if the price breaks and holds above the 50-day SMA (without signs of a significant decline in volume), we will be forced to abandon our medium-term price target of 0.28$ for XRP. At that point, it will be better to wait on the sidelines and wait for the picture to clear out before setting new price targets. Illustration 1.01 Illustration 1.01 shows the daily chart of XRPUSD. Yellow arrows indicate price retracements to moving averages. Illustration 1.02 Illustration 1.02 portrays the weekly chart of XRPUSD. Yellow arrows indicate price retracements to moving averages. Constellation of 20-week and 50-week SMAs stays bearish. Technical analysis Daily time frame = Bullish Weekly time frame = Neutral Illustration 1.03 The weekly chart of XRP shows the declining volume as a sign of decreasing selling pressure and drying up liquidity, which may lead to more volatile movements. Illustration 1.04 Illustration 1.04 displays the daily chart of XRPUSD. Green and red arrows hint at the price-volume trend over the past few days. Growing volume with the price is bullish for the short term. We will look for the decline in volume for signs of exhaustion in the price rally. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:XRPUSD
by Tradersweekly
35