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Xrpusdanalysis

XRP/USDT 1HOUR UPDATEWelcome to this quick xrp/usdt analysis. I have tried my best to bring the best possible outcome me in this chart. Reason of trade :- XRP/USDT Broke out of trend line... Entry:-cmp or more in dip Traget:- T1:- $1.17 T2:- $1.19 T3:- $1.22 T4:- $1.24 Stoploss:- $1.11 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
XRP Rejection From $1.2 Closes In On $1 As More Declines Beckon XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2. The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1. Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower prices allowed more buyers to come, thus lifting the token above $1. Bulls have their eyes glued on $1.4, but the barrier at $1.2 and $1.1 currently limit their efforts. XRP Price Faces Short-term Resistance At the 100 SMA Ripple trades around $1.09 at the time of writing. This follows a rejection from $1.2, as mentioned. The 100 Simple Moving Average (SMA) emphasizes the immediate resistance. If bulls do not recover above this level, and by extension $1.1, overhead pressure is bound to increase, leading to more losses to $1. The Moving Average Convergence Divergence (MACD) adds credence to the bearish outlook. A sell signal will likely confirm in the incoming sessions. It will manifest as the 12-day Exponential Moving Average (EMA) crossed below the 26-day EMA. The odds for a further breakdown will soar if the MACD moves to the mean line and crosses into the negative region. Note that the Relative Strength Index (RSI) validates the sellers’ grip on Ripple. This technical index follows the trend of the asset and calculates the strength. A continuous downward movement shows that sellers have the upper hand. Traders should be on the lookout for more action under the midline, which will add weight to the pessimistic narrative. On the upside, Ripple must reclaim the position above the 100 SMA on the 12-hour chart and $1.1 to resume the uptrend. A move such as this will confirm to the investors that the token has what it takes to sustain an uptrend to $1.4 in the near term. Ripple Intraday Levels Spot rate: $1.09 Trend: Bearish Volatility: Low Support: $1.05 and the 50 SMA Resistance: The 100 SMA and $1.2
BITFINEX:XRPUSDLong
by CoinGape
1
Good days are coming for ripple in the next few weeks!ripple is now struggling to break a resistance, it is so underpriced right now and I think that it can break the resistance. the ripple value is so much higher than this and now there is a good opportunity to buy and hold it in the next weeks or even months. Ripple makes offshore transactions so much easy and has a great future roadmap too. Always buy and hold coins with good fundamental reviews. I assure you that ripple is one of them.
BITFINEX:XRPUSDLong
by mohammadghasemi5
XRP/USDT 2HOUR UPDATE Welcome to this quick  xrp/usdt analysis.        I have tried my best to bring the best possible outcome me in this chart. Reason of trade :-  xrp/usdt is making a triangle pattern, this is the right opportunity to do it buy, the xrp is in the deep Entry:- 1.0324$, 1.0515$, Traget:- T1:- 1.1004, T2:- 1.1257, T3:- 1.1473, T4 :- 1.1807, T5:-  1.2482, Stoploss:- 1.0062, Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my english it is not my native languages.       Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
XRP Ripple Analysis & NewsHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ XRP price has dropped to 0.91920. XRP should have performed better given its development this year. However, The main reason why it's doing badly is its prolonged legal battle with the SEC, which caused a lack of media coverage for all its projects development. The second reason is the continued sale of XRP coins by Jed McCaleb the founder of Ripple and he served as the CTO of the company Ripple until 2013. In January 2018, it was reported that McCaleb's Ripple token ownership was worth between $10 $20 billion, and holds about 2.5 billion tokens currently. The latest drop happened because of the Chain's Ban on cryptocurrency which affected the entire crypto market and almost all of the coins lost value in the last 4 days. But we will see an increase in value soon for 2 reasons : 1) Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger (CBDC Project) 2) RippleX Grants $2 Million to Promote NFT Solutions on the XRP Ledger Possible Scenario for the market : it Does seem like the market is holding the Bearish state for a bit which could lead the price to drop more where it will reach the support zone located between 0.91921 - 0.89812. But with all the projects that are been developed by Ripple the market is due to turn Bullish and the trend will probably start at that support level where a bounce will happen leading the XRP price back to the first resistance line at 0.95888 and after that it is gonna zigzag all the way back to the $1.2 range or even higher. Technical indicators show : 1) The market is below the 5 10 20 50 MA and EMA but above the 100 200 ( Which indicates a Bearish short-term trend but a Bullish long-term trend ) 2) The RSI is at 40.22 showing weakness in the market. No divergence found between the market and indicator 3) The MACD is below the 0 line indicating that the market is in a Bearish state, With a negative crossover between the MACD line and the Signal line. Daily Support & Resistance points : support Resistance 1) 0.91921 1) 0.95888 2) 0.89812 2) 0.97746 3) 0.87954 3) 0.99855 Monthly Support & Resistance points : support Resistance 1) 0.80603 1) 1.45796 2) 0.42541 2) 1.72927 3) 0.15410 3) 2.10989 Fundamental point of view : Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. According to Ripple, the Royal Monetary Authority expects to enhance digital and cross-border payments. Also, they plan to expand financial inclusion for its residents by 85% by 2023. As of 2019, based on a report published by RMA, it was 67.6%. Although Bhutan is a small country in the Himalayas, it is the only carbon-negative nation worldwide. In line with this, Ripple emphasized that the CBDC solution would be a match for its principles. “Ripple’s commitment to sustainability was important for Bhutan. The CBDC solution is carbon-neutral and, because it’s based on the public XRP Ledger, is 120,000x more energy-efficient than proof-of-work blockchains.” According to bitcoinist NFTs Are The New Battlefront For Ripple’s XRP Army The main focus of the applications was the development of open-source projects dealing with NFTs on the XRP Ledger or XRPL. XRPL encompasses everything we currently consider the XRP ecosystem and is an evolution of the former Ripple Consensus Ledger (RCL). Ripple’s former products, xRapid, xCurrent, and xVia, were, in turn, merged into what is now known as the RippleNet, quickly gathering over 200 customers by 2019. Although Ripple’s focus point has for long been to offer a fast and cheap payment network, it seems that developers are looking for ways to squeeze the potential out of this blockchain and adapt it to the new times. NFTs are an odd use case for the XRP ecosystem, despite their popularity. According to cryptopotato This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
BITSTAMP:XRPUSD
by GabiDahduh
6