RIPPLE (XRP) Big Triangle PatternXRP is currently forming an ascending triangle pattern, with price action testing the minor resistance at 0.5631. A breakout above this resistance could pave the way for a bullish continuation toward the next target at 0.6658.
However, if the 0.5631 resistance holds, we could see a potential pullback toward the triangle’s support at 0.51077.
This analysis will be updated if any significant changes occur. Thank you.
Xrpusdanalysis
Ripple XRP price may please holdersThe #XRPUSDT price is walking on a knife's edge)
It does not walk - it crawls))
But it happens that from time to time #XRP holders "go crazy" and try to push the #XRPUSD price up
Looking at the #Ripple price chart, we can assume that the attempt to pump may be repeated in the coming weeks/months.
What do you think, will it happen as it's drawn or not?)
XRP Possible Upmove Incoming - 0.744$ NextIn this video, we break down the current market structure for XRP, highlighting a potential long trade opportunity. XRP is showing signs of a classic manipulation phase, where price action is likely being influenced by market makers, setting up for a larger move.
Key Levels:
Target 1: $0.666 – This is our initial and easiest target, a strong area of interest where we expect price to encounter resistance.
Target 2: $0.744 – Our extended target, representing a key resistance level that XRP could approach if bullish momentum continues.
XRP signalBased on the chart provided for XRP/USD , here's an analysis of your trade setup:
Trade Analysis for XRP/USD:
- Entry Point (EN): 0.5399
- Stop Loss (SL): 0.5445
- Take Profit 1 (TP1): 0.5347
- Take Profit 2 (TP2): 0.5275
The chart illustrates a trading range where XRP is expected to move between support and resistance levels. The market shows signs of a possible rejection around 0.5445, suggesting an opportunity to enter a short position at 0.5399 with two potential profit targets, the first around 0.5347 and the second at 0.5275.
A stop-loss is set above the recent highs at 0.5445, ensuring risk management.
XRP Poised for Breakout After Consolidation to Support of $0.50In a major development, Turkish banking giant Garanti BBVA has announced a strategic partnership with Ripple and IBM to launch a secure crypto trading and custodial platform. This collaboration, aimed at enhancing the security and efficiency of Türkiye’s crypto asset market, will utilize Ripple Custody alongside IBM’s cutting-edge technologies. The integration promises robust security features, including data encryption, and will provide institutional-grade performance for Garanti BBVA’s 14,000+ customers.
A Game-Changing Partnership
Garanti BBVA's partnership with Ripple and IBM sets the stage for a transformative shift in the Turkish banking sector’s approach to digital assets. By leveraging Ripple Custody’s secure infrastructure and IBM’s technology stack, the platform will offer a flexible governance framework designed to mitigate risks posed by malicious actors and safeguard client assets. The use of Hardware Security Modules (HSMs), along with top-tier security certifications, will bolster the trust of institutional investors by eliminating single points of failure and protecting sensitive customer data.
This collaboration not only marks a key milestone for Ripple, especially amid its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), but it also signifies a major leap forward for Türkiye’s burgeoning crypto market. As Ripple continues to innovate and expand despite the regulatory hurdles, this partnership shows the firm's commitment to providing compliant and secure solutions globally.
Aaron Sears, SVP of Global Customer & Partner Success at Ripple ( CRYPTOCAP:XRP ) , expressed enthusiasm about this partnership:
“We’re thrilled to partner with Garanti BBVA Kripto to bolster the development of Türkiye’s vibrant crypto asset market. Secure custody is foundational to unlocking value and addressing the growing demand for new asset classes across the digital economy.”
Technical Outlook: What’s Next for XRP?
Despite this groundbreaking partnership, CRYPTOCAP:XRP is trading down by 1.55% at the time of writing. However, the cryptocurrency has shown resilience in the face of market fluctuations and regulatory challenges. CRYPTOCAP:XRP recently broke down of a rising wedge pattern—a typically bearish signal—but in this case, the breakout can be viewed as a consolidation move. This suggests that CRYPTOCAP:XRP could test the $0.50 support level before making a bullish run towards the $0.60 resistance pivot.
This anticipated price movement aligns with increased interest and momentum spurred by the partnership with Garanti BBVA and IBM. A break above the $0.60 level could ignite a substantial influx of buyers, with a potential surge to $1 before Halloween or the U.S. presidential election in November. The strong fundamentals behind CRYPTOCAP:XRP , including its technological advancements and strategic partnerships, indicate a positive outlook for the asset’s long-term trajectory.
Ripple’s Expansion Amid SEC Struggles
XRP’s innovation and adaptability have kept it at the forefront of the crypto market, despite its ongoing legal struggles with the SEC. The partnership with Garanti BBVA demonstrates Ripple’s ability to attract industry-leading collaborators and deliver secure, scalable solutions. Furthermore, Ripple is also preparing for an initial public offering (IPO) slated to launch within the next year. This IPO could further boost market sentiment for CRYPTOCAP:XRP , making it a key asset to watch.
XRP is well-positioned for growth, even amid short-term price volatility. As Ripple expands its services, such partnerships will only strengthen XRP’s role in the digital asset ecosystem.
Conclusion
Garanti BBVA’s partnership with Ripple and IBM is a clear testament to XRP’s long-term potential in the evolving crypto landscape. Despite the regulatory hurdles, CRYPTOCAP:XRP continues to push the envelope with technological innovations and strategic collaborations. With strong institutional backing, advanced security features, and a resilient technical setup, CRYPTOCAP:XRP could see significant gains in the coming weeks, making it an asset to keep on the radar.
As the digital asset market evolves and the legal landscape for Ripple clears up, the future looks bright for CRYPTOCAP:XRP , with potential price targets of $0.60 and beyond.
Xrp - This Is The Bullish Breakout!Xrp ( BITSTAMP:XRPUSD ) is preparing two major breakouts:
Click chart above to see the detailed analysis👆🏻
Xrp has been consolidating for almost 7 years and if a triangle breakout happens, it will certainly be followed by new all time highs. Price action and market structure are both pretty clear, and it seems almost impossible for Xrp to break the current support. Therefore longs!
Levels to watch: $0.5, $1.0
Keep your long term vision,
Philip (BasicTrading)
XRP (Crypto Ripple-USD) BUY TF H4 TP = 0.61On the H4 chart the trend started on Oct.5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.61
This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
XRP Price Set for a Breakout: Could $1 Be the Next Target?CRYPTOCAP:XRP has recently caught the attention of traders and investors alike, with notable price movements sparking optimism for the coin’s short- and long-term potential. Following a 4% price surge today, CRYPTOCAP:XRP is currently trading at $0.5577, and analysts predict that the cryptocurrency could be on track to hit $1 in the short term, potentially reaching as high as $7.5 in the long run.
Ripple SEC Case Drives Sentiment
XRP’s recent rally can largely be attributed to developments in the ongoing Ripple-SEC lawsuit. Market sentiment has been increasingly positive as speculations rise over the U.S. Securities and Exchange Commission (SEC) potentially missing a critical filing deadline. Ripple’s Chief Legal Officer (CLO) mentioned that the SEC had until October 16 to file the necessary Form C in its appeal, yet no filing had been made by that date. Although some sources, like journalist Eleanor Terret, indicate the SEC might have until October 18, the missed deadline speculation has fueled bullish sentiment for XRP.
The Ripple-SEC legal battle has been an overhang for XRP’s price for years, but recent cross-appeals by Ripple have shown that the company remains confident in its position. The anticipation surrounding a favorable outcome has injected renewed optimism into the market, leading to higher trading volumes and price volatility.
Additionally, Ripple’s announcement of exchange partnerships ahead of the launch of its new stablecoin, RLUSD, also plays a significant role in boosting confidence. Exchanges like Bitstamp, Uphold, and Bullish, along with market makers such as B2C2 and Keyrock, are on board to provide liquidity for RLUSD, further solidifying Ripple's ecosystem.
Technical Analysis
On the technical side, CRYPTOCAP:XRP has exhibited positive market behavior in the past few days, fueled by this optimistic sentiment. Currently trading above the key $0.56 level, We are predicting a breakout within the next 15 to 30 days, driven by mounting pressure between buyers and sellers. The analyst has identified a critical resistance level between $0.61 and $0.62, which, if breached, could lead to a significant price uptick.
At the time of writing, XRP’s technical indicators reveal a moderate Relative Strength Index (RSI) of 51.17, signaling neither an overbought nor oversold market. This neutral RSI suggests that the coin has enough momentum to push higher without hitting overbought conditions, making a move to $0.61 pivot Point.
Furthermore, CRYPTOCAP:XRP is trading just above its 200-day Moving Average (MA) but remains slightly below its 50-day and 100-day MAs, reflecting consolidation in the market.
As CRYPTOCAP:XRP continues to consolidate, its triangle formations suggest a buildup of tension between buyers and sellers, setting the stage for a breakout. Should the price breach the identified resistance, a bullish move to $1 could come into play, aligning with our predictions. On the downside, a failure to break the “Genuine Wake-Up Line” and falling below the “Atlas Line” could signal a bearish reversal, but for now, the indicators are tilting towards a bullish outcome.
Long-Term Outlook: $7.5 Potential
While the short-term target remains $1, the long-term outlook for CRYPTOCAP:XRP is even more exciting. If market conditions remain favorable CRYPTOCAP:XRP could rally further, potentially reaching $7.5. This prediction is contingent upon the broader cryptocurrency market rally, the ongoing developments in the Ripple-SEC lawsuit, and Ripple’s success in rolling out its stablecoin and expanding its cross-border payment solutions.
Given the increasing utility of CRYPTOCAP:XRP , particularly in enterprise-grade payment solutions, and Ripple’s strong regulatory focus with RLUSD, the coin could become an essential part of the evolving financial infrastructure.
Market Confidence Boosts CRYPTOCAP:XRP
The broader crypto market has also experienced positive momentum, with Bitcoin recently hitting $68,000 and other altcoins following suit. This "Uptober" rally, as many are calling it, has led to renewed confidence across the board. XRP’s participation in this rally is bolstered by its role in cross-border payments and the anticipation of the Ripple stablecoin, making it a strong candidate for further price growth.
Conclusion
CRYPTOCAP:XRP is riding on the back of positive market sentiment fueled by the Ripple-SEC case and Ripple’s upcoming stablecoin launch. Technically, the coin is well-positioned for a breakout in the next few weeks, with $0.60 acting as a key pivot level. If XRP manages to break through the $0.61-$0.62 resistance, a run toward $1 could become a reality, and the long-term prospects remain equally bullish with the possibility of hitting $7.5 in the future.
As always, investors should remain cautious, given the legal uncertainties, but the outlook for CRYPTOCAP:XRP seems brighter than it has in recent months.
Ripple / XRP AnalysisXRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week
In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$
Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia
XRP $0.5461 Long! Anomalous Point on the Chart!🤖🔥🚀 An anomalous point has been detected on the XRP chart!
🔥 The chart shows a nice squeeze towards a level formed by a Limit Seller.
🚀 XRP $0.5461 Long!
Entry model: Breakout
First target: $0.5738
Second target: $0.6072
💡 XRP is a low-volatility coin with high volume. Leverage no more than 20x-50x!
Short stop-loss.
XRPUSDT - Sell all my XRP at 0.56Looking at the 8-hour chart we can see that there is some upside potential on XRP towards 0.56 - 0.58 area's before we see another push downwards. Over all XRP is not looking to good on the 1-Month chart however on the 8-Hour chart, the RSI has reset and we should see some short term upside movement. I think we could see XRP below 0.50 over the next few weeks allowing for a good buy opportunity.
#XRP/USDT#XRP
The price is moving in a descending channel on the 1-hour frame and is holding it tightly and is about to break out to the upside
We have a bounce from the lower limit of the channel at 0.5220
We have a bearish trend for the RSI that is about to break out, which supports the upside
We have a trend to stabilize above the 100 moving average
Entry price 0.5300
First target 0.5555
Second target 0.5890
Third target 0.6290
XRPUSDT - Ripple not looking good on the 1 Week ChartLooking at the 1 week chart, XRP is not looking good compared to the rest of the market. XRP touch 0.63 at the start of October only to come crashing back down to 0.53 in the first week. Looking at the RSI , XRP is over extended and looking to come down the range over the next few weeks. We might just see XRP back at 0.28 before years end.
#XRPUSD 1DAYXRP 1-Day Chart Forecast:
The XRP cryptocurrency is displaying strong bullish momentum on the 1-day chart, suggesting a favorable buy opportunity. The market appears to be in an **uptrend**, with price action consistently forming higher highs and higher lows, indicative of sustained buying interest.
Key elements supporting the buy forecast:
Uptrend Continuation: XRP is likely following an ascending trendline or breaking above recent resistance levels, signaling the potential for further upside.
Bullish Indicators: Momentum oscillators such as the RSI and MACD may be supporting the bullish outlook, with the RSI remaining in a favorable range and the MACD showing positive divergence or a bullish crossover.
Support Levels: The price may have bounced off a key support level, confirming the strength of the uptrend and providing a good entry point for buyers.
Traders looking to capitalize on the buy opportunity should consider setting stop-loss orders below recent lows to protect against unexpected pullbacks. Profit targets can be placed near key resistance levels or previous swing highs. While the uptrend is strong, it's important to watch for any signs of trend exhaustion, but the **technical outlook favors a buy strategy** for XRP on the 1-day chart.
XRP Po3 Structure and Bull Market Setup 1$ and higherIn this video, I break down XRP's current Price Over Oblivion (PO3) structure and why we're expecting a pullback. Price is likely to trade lower into the 4-hour Fair Value Gap (FVG), where we anticipate a potential reversal.
This dip could be the catalyst that ignites the next bull market for XRP, setting the stage for a strong upward move. Watch the full analysis to understand the key levels and market dynamics at play!
XRP Technical Analysis on a 3-Day TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
In our previous analysis of XRP, we observed that the 50EMA and the 0.618 FIB levels were acting as resistance. The price eventually broke above these levels and reclaimed the resistance trendline at $0.63.
Currently, XRP is trending below the resistance level at $0.58. For XRP to continue its rally toward the local high range of $0.9380, it needs to break above this resistance trendline.
The support level at $0.41-$0.42 remains intact.
DYOR, NFA.
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XRP/USDT Weekly Breakout – Potential 200% Upside!XRP/USDT is on the verge of breaking out from a long-term descending triangle pattern on the weekly timeframe. The price is currently hovering near the critical resistance zone. A confirmed breakout could set the stage for substantial bullish momentum.
Entry Strategy:
- Entry: Upon a clean breakout, close above the 0.6270 level, confirming the move beyond the descending resistance line, to accumulate $.55 to .62 is a good range!
Stop Loss (SL):
- Stop Loss: Set below the support level at 0.4820, in case the breakout fails and bearish momentum takes over.
Take Profit (TP) Targets:
- Target 1 (TP1): 0.9380 – A retest of the local high from April 2022. This target offers a 50% potential upside.
- Target 2 (TP2): 2.0059 – The major resistance level and key psychological zone. This gives a possible 200% gain from the breakout entry.
This is not financial advice, Always do your research.
Do show your support and hit that like button. If you have any questions/requests you can comment, and I'll read you. :)
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Ripple SEC Case Enters Final Round: What’s Next for XRP?The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is entering its final phase, with the crypto community eagerly awaiting a conclusion. The lawsuit, which has kept XRP investors on edge, is now at a critical juncture as experts predict a 75% chance of an SEC appeal, potentially extending the case further and adding complexity to Ripple’s regulatory journey.
Ripple SEC Case: A Brief Recap
For nearly three years, Ripple ( CRYPTOCAP:XRP ) has been entangled in one of the most high-profile legal cases in the cryptocurrency space. The SEC initially accused Ripple of conducting an unregistered securities offering, alleging that CRYPTOCAP:XRP qualifies as a security. The stakes were high, with the SEC seeking a $2 billion penalty. However, the recent ruling by Judge Torres ordered Ripple to pay $125 million — a far lower amount than expected — which many viewed as a partial victory for Ripple.
Despite this ruling, the case is far from over. Speculation is rife that the SEC may file an appeal, challenging portions of the ruling related to institutional sales, while Ripple could counter-appeal the court’s decision on secondary market sales. According to ex-SEC lawyer James Farrell, there’s a 75% chance the SEC will appeal the liability portion of the lawsuit, a move that could delay final resolution by several months or even years.
Potential Outcomes of an Appeal
If the SEC proceeds with its appeal, it could significantly impact XRP’s regulatory status and broader implications for the cryptocurrency market. XRP has been at the center of debates around whether cryptocurrencies should be treated as securities, and the case’s outcome could set a precedent for future regulatory decisions in the U.S.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty have been vocal in downplaying concerns about extending the legal battle, reassuring the community that Ripple does not intend to prolong the case unnecessarily. However, should the SEC move forward, Ripple could be forced to mount a cross-appeal, challenging the court’s decision on institutional sales and transactions related to its On-Demand Liquidity (ODL) platform.
Notably, some legal experts, such as Fred Rispoli, have raised questions about whether Ripple would be entitled to statutory interest if it wins the appeal. This could potentially force the SEC to return the $125 million penalty, plus interest, significantly altering the financial implications of the case. Rispoli also suggested that the SEC might need to cover Ripple’s appeal costs if it loses, further complicating the regulatory body’s position.
XRP’s Market Performance and Sentiment
While legal battles continue to cast a shadow over XRP, the asset has shown signs of resilience. As of writing, XRP is trading at $0.5866, up 0.89% on the day, with a moderate Relative Strength Index (RSI) of 56, signaling a potential bullish reversal. Despite XRP’s recent muted price action, the broader altcoin market, including coins like SUI, has performed well, indicating a renewed appetite for risk among investors.
XRP’s futures open interest has also risen by 1%, suggesting that market participants remain cautiously optimistic about the token’s short-term prospects. However, its trading volume has seen a slight dip, down 11% to $928.86 million, indicating that while interest in XRP remains strong, it is tempered by the ongoing uncertainty surrounding the Ripple-SEC case.
What’s Next for XRP?
The SEC’s deadline to file an appeal is looming in October 2024, and the crypto market is bracing for potential volatility in the run-up to that date. Any decision by the SEC to appeal will almost certainly extend the lawsuit, adding further complexity to Ripple’s regulatory future. The case’s outcome will have far-reaching consequences, not only for Ripple and XRP but for the broader cryptocurrency market, as it could shape how U.S. regulators treat digital assets going forward.
For now, CRYPTOCAP:XRP investors are treading carefully, with market sentiment mixed but leaning toward optimism. A positive outcome for Ripple could trigger a significant rally in XRP prices, while an extended legal battle may keep the token range-bound in the short term.
Conclusion
The Ripple-SEC lawsuit is nearing a critical point, with both sides preparing for what could be the final phase of legal proceedings. While the possibility of an appeal looms large, the crypto community remains cautiously optimistic about XRP’s future. Investors should stay tuned for key developments in October, as the case’s resolution will likely have profound implications for Ripple, XRP, and the broader digital asset market.