Xrpusdanalysis
Crypto Forecast: ☀️ Next 24 Hours Sunny, XRP 🌧️ in 1 Week?The global crypto market faces sunny conditions with a few clouds 🌤️ in the next 24 hours and over a one-week horizon, signaling a slightly bullish market with upside potential. The market is boosted by reports of a second filing of an exchange traded fund in the US 📈, which would boost demand for Bitcoin if approved by the US regulator.
XRP bucks this positive trend, with rainy conditions 🌧️ ahead both today and over a one-week horizon, indicating a downward trend. The XRP community is still awaiting an indicative court ruling in the US ⚖️ which has the potential to impact the entire US crypto sphere. 💼🌍
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XRP's Rainy Forecast in the Crypto Market - What's Next? 🌧️The global crypto market faces sunny conditions with a few clouds 🌤️ in the next 24 hours and over a one-week horizon, signaling a slightly bullish market with upside potential. The market is boosted by reports of a second filing of an exchange traded fund in the US 📈, which would boost demand for Bitcoin if approved by the US regulator.
XRP bucks this positive trend, with rainy conditions 🌧️ ahead both today and over a one-week horizon, indicating a downward trend. The XRP community is still awaiting an indicative court ruling in the US ⚖️ which has the potential to impact the entire US crypto sphere. 💼🌍
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~XRP- Weekly Log Chart. #bullish #xrp Following up from the XRP price prediction. $26!!!
This is the same log chart on a weekly timeframe back testing the Wedge plus Fib EMA's.
usually when these EMA's cross, its a bullish indication for XRP.
Looking back through XRP's short history, this has been a signal for large moves to the upside!
getting closer each day to summary judgement, with the likely victors to be ripple.
judgement day is coming!! - only expect explosive volatility after we get the verdict from a judge.
any guess's to the lawsuit ending date?
leave your comments below.
XRP/USD Wycoff accumulation! A,B,C #xrp #wycoffUpdate on XRP - bearish move after the FOMC paused rate hikes. personally i think this is just a shakeout and will be the LPS ( last point of support before a bullish breakout )
Waiting on a bottoming stucture my best guess would be this A,B,C correction then a strong reversal to the upside!
Bullish For XRP - Take A Look For A Second Opinion My perspective of XRP is generated through the knowledge and concepts acquired over the years, look within the lines to breaking down a pair and do listen, as at the end of the day you do "pay" attention - so please seek reward from your investment
Over and out - Ill see you on the next recording
XRP short opportunity after the drop below $0.5The recent selling pressure forced XRP prices below $0.5 on Tuesday. However, the trend remained bullish on the daily timeframe.
The structure was flipped bearish on the H4 due to the dip below $0.5, but it only showed a change in character and not structure.
Therefore using the 50% Fib retracement tool, an H1 session close below $0.517 and retest of the same can be used to enter a short
Target is the 23.6% extension level at $0.4725. A move further south is also possible depending on BTC's strength at $25.2k
Entry: $0.517 (after H1 close below $0.517 and subsequent retest)
Stop-loss: $0.54
Take-Profit: $0.4725
Note the idea is only valid after H1 close below $0.517, and remains risky even then due to the rising OBV
XRP Wallets Increase: Lawsuit Finalizing?Hi Traders, Investors and Speculators of Charts📈📉
The XRP network has witnessed a surge in wallet address activity, indicating a positive trend for XRPUSD. Blockchain analytics platform Santiment has identified these record-setting spikes.
This occurrence suggests an increase in demand for XRP, similar to the price appreciation it experienced after a surge in address activity during March. As of now XRPUSDT has a 4.2% increase for the day and a substantial 7.8% increase since last week.
Increasing independently: This behavior sets XRP apart from other cryptocurrencies like Bitcoin and Ethereum, further supporting the possibility of an immanent breakout. Noting that these spikes in address activity coincide with increased attention on Ripple due to an ongoing lawsuit with the SEC regarding the classification of XRP as a security. The Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple, the company behind XRP, alleging that XRP should be classified as a security and not a cryptocurrency. The lawsuit claims that Ripple conducted an unregistered securities offering worth over $1.3 billion through the sale of XRP. The SEC argues that Ripple and its executives engaged in the sale of securities without complying with the necessary registration requirements. The lawsuit was filed in December 2020 and has been ongoing since then, leading to increased scrutiny and regulatory uncertainty around XRP.
Ripple CEO Brad Garlinghouse has recently hinted at the potential resolution of the case in the next few weeks , though no official timeline has been confirmed for its conclusion.
Should the SEC lawsuit be successfully resolved, it has the potential to provide a significant boost to XRP by addressing regulatory uncertainties and potentially driving increased adoption.
Our technical Indicators are also showing bullish price action on the XRPUSDT chart in the weekly TF, flashing a green BUY signal.
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CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P BINANCE:XRPUSD KUCOIN:XRPUSDT BITFINEX:XRPUSD BINANCE:XRPBTC BINGX:XRPUSDT.PS OKX:XRPUSDT.P BYBIT:XRPUSD.P
XRP: Two Potential Trading Strategies to Consider NowXRP seems to be offering an interesting setup for traders with two potential entry positions available. Before proceeding with this trading idea, please make sure to do your own research and consult with your financial advisor. Remember that all investments come with risks.
Idea:
Spot Entry Now:
The first strategy is to take a spot entry right now. With this approach, you would buy XRP at its current market price. However, you need to have a defensive strategy in place in case the price goes against your prediction. Setting a stop-loss order when a 4-hour candle closes below the most recent low would be a good way to limit potential losses. This means if the price dips and a 4-hour candle closes under the last low, your position would be automatically sold, thereby preventing further losses.
Breakout Entry:
The second strategy is a more conservative one, where you wait for a breakout above the 0.54 level. If XRP price can convincingly break this resistance, it might indicate that more bullish momentum is coming. The next target would be the resistance zone between 0.73 - 0.76. This strategy is based on the principle of buying on strength and waiting for confirmation before entering the trade.
Final Thoughts:
Both strategies have their own merits and demerits. The spot entry now offers the chance to get in early before a potential move upwards but carries more risk if the price continues to move lower. The breakout entry strategy has less risk as it waits for confirmation of a bullish move but could potentially result in a higher entry price.
As always, remember to manage your risk effectively and to adjust your strategies as market conditions change.
XRPUSD Sell TF D1. TP = 0.3356 On the daily chart, the trend started on March 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.3356
But do not forget about SL = 0.5866
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, WeBelieveInTrading
XRPUSD 4June2023although there is an unresolved problem between Ripple & SEC but by looking at the current XRP price, it could be a positive sign if the results that will come out later will be in favor of Ripple. if this bullishness can last, there is a strong possibility of forming wave 3 after the price rises higher than wave 1. I see that the market is a form of human psychology, it could be a promising start to take XRP positions for the long term.
How XRP gets to $11 - It's just MATH 📈Hi Traders, Investors and Speculators of Charts📈📉
In today's post we're going to take a look at future potential prices for XRPUSD / XRPUSDT . Things are going to get very technical as this will require a lot of math - we're not just guessing or making up numbers here, and I want to prove this to you by taking you through the process of future speculation step by step. Things we'll be considering includes:
👉 XRPUSD LOWS and HIGHS for a specific period*
👉 BTCUSDT LOWS and HIGHS for a specific period*
👉 XRPUSD increase for a specific period*
👉 XRPBTC increase for a specific period*
*the time period we're looking at will be THE SAME across XRPUSD, BTCUSD and XRPBTC . This period is the weekly timeframe starting from Mon 4 DEC 2017 until Mon 1 JAN 2018. We'll be using Bitstamp USD charts to make sure the price percentages are related.
⭐ BITSTAMP:XRPUSD ⭐ BITSTAMP:BTCUSD ⭐ BITSTAMP:XRPBTC
Let's start by taking a look at the XRPUSD highs and lows during this period:
THUS, During the weeks of 4 DEC 2017 - 1 JAN 2018, the price of XRP increased from &0.19776 to $3.33063 . This results in an XRPUSD increase of 1585.41% exactly .
During this time, the XRPBTC price went parabolic. Let's look at it here: I had to cross check it on BITFINEX BITFINEX:XRPBTC , because the lows on Bitstamp seems bugged, (def not 0.000001) :
THUS the XRPBTC price increased by 1823.15% exactly.
NOW, Let's look at the BTCUSD prices during that period. Again looking at the weekly candle closes. ( Please ignore the other numbers on the chart, that was part of another analysis, we're just looking at the candle lows and highs here):
THUS:
The BTCUSD price was $10850 when XRP was on $0.19776, MON 4 DEC 2017.
The BTCUSD price was $17235 as XRP was on $3.33063, MON 1 JAN 2018.
To make sure we're still on the same page, the parabolic jump on XRP happened between the weeks of Mon 4 DEC 2017 and peaked on Mon 1 JAN 2018.
AND FINALLY, we're heading towards the calculation. We want to know, what could the price of XRPUSD be in the future if such an event were to occur again, where XRP gains against BTC like it did during Dec 2017 - Jan 2018. We can use multiple entry prices for BTC and XRP, but let's start with BTCUSD on FWB:25K and XRPUSD on $40c (slightly lower than recent prices) :
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Current BTCUSD price: $25,000
Current XRPUSD price: $0.40
XRPUSD gain: 25865%
XRPBTC gain: 1823.15%
To calculate the future potential price of XRPUSD:
Calculate the future price of XRPBTC:
XRPBTC future price = XRPBTC HIGH * (1 + XRPBTC gain)
= 0.00002298 * (1 + 1823.15%)
= 0.00002298 * 19.2315
= 0.00044187 BTC
Calculate the future potential price of XRPUSD:
XRPUSD future price = XRPBTC future price * BTCUSD price
= 0.00044187 BTC * $25,000
= $11.04675
THUS, if a similar scenario were to happen again with BTC at $25,000 and XRP at $0.40, the potential future price for XRPUSD would be approximately $11.04675.
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SCENARIO B, JUST AS EXAMPLE : Let's use different current prices for BTCUSD and XRPUSD: We'll take a look at the prices for XRP and BTC when BTC made it's ATH of SWB:69K :
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Current BTCUSD price: $69,000
Current XRPUSD price: $1.23079
XRPUSD gain: 25865%
XRPBTC gain: 1823.15%
Calculate the future price of XRPBTC:
XRPBTC future price = XRPBTC HIGH * (1 + XRPBTC gain)
= 0.00002298 * (1 + 1823.15%)
= 0.00002298 * 19.2315
= 0.00044187 BTC
Calculate the future potential price of XRPUSD:
XRPUSD future price = XRPBTC future price * BTCUSD price
= 0.00044187 BTC * $69,000
= $30.41303
THUS, if a similar scenario were to happen again with BTC at $69,000 and XRP at $1.23079, the potential future price for XRPUSD would be approximately $30.41303 .
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💭FINAL THOUGHTS💭
I'm using the cover Fibonacci Retracement from a macro perspective (ATH till ATL) to just look at the Fib Extensions for interest sake and to see if anything overlaps. Notice how $11 is at the 3.618 EXACTLY. This is the kind of confirmations that holds weight, considering how valuable the .618's are when looking at Fibs. It's important to note that I'm not saying this is going to happen overnight . I'm not saying rush in and buy now . As you all know, I believe in the fundamental arguments for XRP altcoin, I've made many many videos about it in the past which you can go look up. This is simply using past occurrences to speculate a future potential outcome in a way that holds much more weight than just guessing - by using actual data from past occurrences.
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Are you ready for the next leg of $XRP?Hi Guys!
Im baaaaaaaaaack!!!
Bearmarket is over! and I will start to make ideas again!
Anywayssssss!
Lets get back on XRP
Will make this short analysis
Based on the chart, XRP is currently is consolidating in this Huge Ascending Broadening wedge and currently lookslike bounce on the support of this wedge and aiming to get the second leg for this wedge tapping the Resistance pertaining to the upward arrow.
Goodluck
Trade responsibly!!!!!
Bitcoin & Ethereum: Sunny Outlook ⛅ Ripple & Cardano Shining? ☀️Sunny weather with a few scattered clouds lies ahead for the crypto space, including Bitcoin and Ethereum . The market sentiment is boosted by the Nasdaq's overnight rally and hopes of an imminent debt ceiling deal. This sets the stage for a slightly bullish market with upside potential in the next 24 hours. 🚀
But the spotlight today falls on Ripple and Cardano , as they bask in tropical conditions - very bullish with significant upside potential. 🌴🌟
Over a one-week horizon, cloudy weather with some sun for Bitcoin , which means a slightly bearish market with downside risk. The outlook is better for Ethereum, Ripple and Cardano : a slightly bullish market with upside potential.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
XRPUSDT ARE you rdy ? 😉🧨The cryptocurrency that I analyzed for you
It is one of the favorite currencies of the American government and banks because...
This currency code is generated from interbank transactions and only banks can generate it, so this currency code is actually for the banks themselves, but people don't know.
Now let's go to the analysis of the trend
The cryptocurrency trend is upward and will give at least 100% profit to its investors.
The target it will see will be $0.9171.
XRP to find sellers at current resistance?XRP - 24h expiry - We look to Sell at 0.4645 (stop at 0.4745)
Bespoke resistance is located at 0.4650.
We look to trade the current range.
Daily signals are mildly bearish.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
Our profit targets will be 0.4395 and 0.4345
Resistance: 0.4530 / 0.4600 / 0.4650
Support: 0.4450 / 0.4410 / 0.4350
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MY XRP FORCAST|REST OF 2023It's been a while since I've published one of my charts but here is my view on XRP currently. We have some solid support zones to test and hopefully hold. If we hold this $0.44 zone I see us going straight to $0.55. If we don't then $0.40 is the next stop and I don't see any big bullish moves happening until EOY.
Best of luck to everyone and their current investments.