3 SCENARIOS for XRP Breakout IMMINENTRipple is trading under intense overhead pressure, with a massive freefall back to $0.4 as scenario 3. For scenario 3, the path of least resistance is downwards, as seen on the 4-hour chart. The lower boundary of the descending parallel channel appears to be holding the fort for the bulls. However, the Relative Strength Index has reinforced the ongoing bearish momentum. If the indicator hits the oversold area, selling orders are likely to increase significantly. The 200 Simple Moving Average on the 4-hour chart is also in line to offer immediate support, and buyers must hold this crucial support. Otherwise, XRP/USD could tumble to $0.4 (next tentative support area ). The daily chart also confirms the bearish outlook on scenario 3, suggesting that the next critical support lies at the 50 SMA . Similarly, the RSI is in a sloping motion but has not hit the oversold area yet.
On the other hand, the bearish picture will be invalidated if Ripple closed the day above $0.5. Moreover, the support at the channel’s lower boundary as well as the 200 SMA on the 4-hour would secure the uptrend if they remain intact. (Scenario 1 & 2) The most significant upward movement for XRP would be to overcome the hurdle of $0.6. There was a sharp upward move in bitcoin price above the USD 18,500 and USD 19,000 resistance levels. BTC even broke the USD 19,200 resistance, but it struggled near the main USD 19,450 and USD 19,500 resistance levels. For XRP, breakout above reaches previous major resistance at approximately 0.79. At this point, we will likely see a correction where our previous .68 resistance line was back when BTC broke $19800. This line will act as support and likely lead to a bounce and break scenario. Price target for this breakout is $1.00. This will likely send XRP into a second descending channel as XRP faces the $1.00 resistance level as seen in my previous chart linked below.
Xrpusdforecast
XRP - will 0.53 Level will be an obstacle? (probably yes...)Don't be in a hurry people, the 0.53 level will be a difficult one.
So far we did EVERYTHING right:
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we avoided the trap nicely
we let you know when to buy again
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XRP/USD BULL RUN (HODL) BULLS READY TO BREAK $1.00What Is RippleNet?
Creating a New Global Payments Infrastructure
The needs of individuals and businesses sending cross-border payments have dramatically evolved. These customers are now demanding real-time, low-cost and fully trackable payments on a global scale. Yet, today’s global payments infrastructure yields an experience that is slow, costly and opaque.
Ripple solves these pain points through RippleNet, a network of banks, payment providers and others. Employing Ripple’s solutions and a standardized ruleset allows for those connected on RippleNet to efficiently send and receive payments around the world.
Benefits of RippleNet
Access- Gain a single point of access into a global network of institutions using standard rules, formats and governance.
Speed- Route payments efficiently and leverage instant settlement to transact in seconds, instead of days.
Certainty- Maximize end-to-end visibility of fees, delivery time, status and customer information through a bidirectional messenger API.
Cost- Reduce total payment costs by minimizing capital requirements and lowering processing costs.
Access a Global Standard
Current global payments systems are outdated, irregular and fragmented. As a result, banks, payment providers and others working with
new partners in foreign markets create bespoke connections that are often cumbersome and costly. RippleNet avoids these issues by creating technical and operational standardization at the global level.
The RippleNet Rulebook provides the operational standardization. The Rulebook is a legal framework about the rights, obligations and business rules
of network participants. RippleNet’s standardized technology infrastructure complements the Rulebook. RippleNet utilizes a single and decentralized infrastructure across the entire network, eliminating the need for custom integration work. Together, the Rulebook and technology infrastructure create global consistency, making it easy for RippleNet customers to transact with
new partners.
Speed Up Payments
In an age where emails can travel around the world in seconds, it’s unacceptable that payments often take days to reach their destination. On RippleNet, payments reach their destination immediately, thanks to pathfinding and instant settlement.
RippleNet’s pathfinding capability ensures that payments are routed from the originator to the beneficiary in the most efficient way possible. Once a route has been selected, payments settle instantly. This is achieved by securing all transaction legs with a single pass-fail outcome, regardless of the number of transacting parties involved, prior to payments being sent.
Increase
Payment Certainty
All too often payments reach their final destination and the amount received is less than expected, which can be devastating for families and businesses relying on that money. The issues
lie with legacy messaging systems that make it difficult to see transaction fees prior to a payment being initiated. RippleNet ensures payment certainty with instant bidirectional messaging through a messenger API.
RippleNet’s messenger API enables financial institutions to exchange information on know
your customer (KYC) requirements, fees, FX rates, payment details and the expected delivery time of funds, providing unprecedented visibility into the total cost of the transaction. As a consequence, all transacting parties are aware of associated costs, and hence, the amount the beneficiary will receive.
Lower Costs
Existing payment networks depend on intensive capital requirements in the form of nostro account funding, a cost that currently ties up trillions of dollars globally. RippleNet makes accessing on-demand liquidity easy, lowering capital costs. Additionally, RippleNet’s standardized connectivity and rich data APIs allow for lower processing costs.
For those customers who choose it, on-demand liquidity using digital assets eliminates the need
to pre-fund foreign accounts. To enable this, the originating currency is converted to XRP on a domestic digital asset exchange, sent across the XRP Ledger, and then converted back to fiat at an exchange in the destination country – all in an instant
How to Join RippleNet
All participants on RippleNet connect through Ripple’s standardized technology, enabling them to message and settle their transactions with increased speed, transparency and low-cost across RippleNet’s global network of banks, payment providers and other institutions. There are two ways to access RippleNet.
Standard Access
Seamlessly initiate a payment to any entity on RippleNet with a standardized interface through xVia
Easily send payments through RippleNet with standard API connectivity
Reduce reconciliation issues by including rich payment data
Receive guaranteed transaction fees prior to sending a payment
Gain end-to-end transparency into payment status
Remove risk with real-time settlement
Full Access
Process frictionless payments on RippleNet for your own institution or others through xCurrent
Contribute to a single rulebook, enabling a standardized payments network
Easily send and receive payments through RippleNet with standard API connectivity
Send and receive rich information with any payment
Receive and provide guaranteed transaction fees, and provide FX liquidity for payments
Gain end-to-end transparency into payment status
Remove risk with real-time settlement
Access On-demand Liquidity with Digital Assets
Both access levels have the ability to settle transactions instantly through XRP, a digital asset, used in Ripple’s xRapid product. Eliminate pre-funding in foreign accounts and send payments 24/7 using XRP.
About Ripple
Ripple provides one frictionless experience to send money globally using the power of blockchain technology. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.
Globally recognized venture capital firms and strategic partners invest in Ripple.
Our Customers
-Banks
-Banks join RippleNet to offer a differentiated experience to their customers and capture new revenue opportunities.
-Payment Providers
-Payment providers join RippleNet to accelerate their time to market in new corners of the world.
Others
-Financial software providers, mobile wallets and others leverage RippleNet to enhance their cross-border payment breadth and depth.
Key Support Levels: $0.50, $0.47500, $0.45.
Key Resistance Levels: $0.68, $0.78, $0.89, $1.08
XRP/USD BULL RUN (HODL) XRP/USD – Bullish Explosion Leads To 17 Month Highs
Key Support Levels: $0.4, $0.388, $0.378.
Key Resistance Levels: $0.48, $0.68, $1.00.
Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413.
The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price explosion was incoming. The coin had broken out of a symmetrical triangle pattern at the start of the month as it started to push higher. XRP went on to reach $0.3 by mid-week and stalled here for a few days until it broke the resistance yesterday to reach $0.33.
XRP-USD Short Term Price Prediction
Looking ahead, if the buyers can continue this epic bullish push, the first two levels of resistance are found at $0.42 and $0.44. Above this, resistance lies at $0.457 (bearish .786 Fib), $0.48, $0.486 (1.272 Fib Extension), and $0.5.
On the other side, if the sellers push lower, the first level of support lies at $0.4. Beneath this, support lies at $0.388 (.236 Fib), $0.378, $0.36 (.382 Fib), and $0.35 (2020 High).
As expected, both the RSI and Stochastic RSI are extremely overbought with such a powerful push in one day.
XRP(RIPPLE) try to break weekly resistanceXRP / USDT
Now its testing weekly resistance again
After multiple retests before
And after consolidation around 70 days
There is high chance it can break it this time
Because each time resistance tested became weaker
And alt season expected to start again
If btc doesn't drop (hard) i expect xrp to reach 0.3 at least soon
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XRP/USD LONG SET UP (HODL )WE GOING TO THE MOON!(FULL BREAKDOWN)TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION
XRPL Labs - the innovative Ripple-backed startup has recently announced the development of a revolutionary new banking app based on the XRP Ledger called Xign. The news was announced at the recent Bitrue event in Amsterdam that took place at the end of May.Xign is a mobile app that acts as a banking app without the use of banks. It allows users to check balances and transfer dollars, euros, XRP and other cryptocurrencies.
According to the founder of nodum. io and one of the lead developers at XRPL Wietse Wind, the new app is very easy to use so that even people who aren’t familiar with crypto wallets or digital ledgers will get used to it without any worries.
At the conference, Wind said that the mobile app is very easy to use and has stated that it delivers a user experience similar to traditional online banking i.e simple.
The app comes with an easy-to-use setup guide that enables users to take advantage of the app without any issues. On top of this, it will feature an account directory with look-up and social features to facilitate the non-technical transaction for its users.
The app will also be able to approve of deny payments to different individuals and firms.
Win has made it clear that XRP will be the app’s native asset. Other servies will be added later like a prepaid ILP Wallet.
QUOTED “So, what it will allow you to do is check your balance and send your funds in any currency, because the XRP Ledger can handle any given currency issued on the ledger… We’re not building a crypto wallet. We’re building a banking app. Except, without a bank. We’re building a banking app based on a digital ledger, based on the XRP Ledger and based on ILP (Interledger Protocol).”
A new poll reveals interesting XRP facts
The Daily Hodl online publication spotted a new Twitter poll that’s been conducted by pseudonymous Ripple and crypto enthusiast XRP_Cro, and this reveals that most of XRP investors believe the coin will surge above $100.
“A new poll that targets the XRP community and involves over 1,000 participants shows that 43% say they plan to partially or fully sell their XRP holdings around $100. 39% say they look to sell between $10 – $50, while the remaining 18% claim that they’ll unload between $3 – $10,” according to the notes.
As the Daily Hodl continues and reveals, “On the question of which crypto asset they think will give the biggest return on investment (ROI) in the next bull cycle, 77.9% chose XRP, while 15.7% placed their bets on supply chain management protocol VeChain (VET). Bitcoin (BTC) and Ethereum (ETH) garnered 2.9% and 3.5% of the votes, respectively.”
Participants have also been asked which digital assets they are holding besides XRP – 65% of the respondents picked VeChain (VET), while 27% chose Cardano (ADA), 14% favored Stellar (XLM), and only 4.1% selected Ethereum.
Major distribution territories: $0.22, $0.24, $0.26
• Major accumulation territories: $0.20500, $0.19000, $0.18000
The market point between XRP and the US dollar yet continues trade around the same range trading territory of $0.20 mark as kept quite a while. Neither the base nor the counter has been able to make a significant move away from the range line.
All in all, XRP/USD buyers have been struggling to not to let down the crypto’s valuation goes below the previous low of $0.18 point. Meanwhile, bears have continued to press down the crypto’s price from a line a bit over the range trading area.
At the conference, Wind said that the mobile app is very easy to use and has stated that it delivers a user experience similar to traditional online banking i.e simple.
In this 2 Week chart of Ripple / United States dollar (XRP/ USD), there is a depreciating range from 0.5175 to 0.1105.
We can observe that the market then appreciated to the 0.206 level (identified by the yellow down arrow), just below the 23.6% retracement of the depreciating range at the 0.206552 level.
We can observe that XRP/USD then depreciated to the 0.1791 level, just below the 9-week Simple Moving Average .
We can also observe that the 0.1791 level was just below the 0.183462 level, representing the 23.6% retracement of the appreciating range from 0.1105 to 0.206.
If XRP/USD resumes its depreciation, price retracement levels below the current market include the 0.169519 ( 38.2% retracement ), 0.15825 ( 50% retracement ), 0.146891 ( 61.8% retracement ), and 0.130937 ( 78.6% retracement ) levels.
If XRP/USD resumes its appreciation, price retracement levels above the current market include the 0.265974 ( 38.2% retracement ), 0.314 ( 50% retracement ), 0.362026 ( 61.8% retracement ), and 0.430402 ( 78.6% retracement ) levels.
BUY XRPUSD WE GOING TO THE MOON (Highly Advise Buying Actual Shares Of XRP ON COINBASE)
Ripple’s XRP slid by 5.21% in the week ending 18th October. Reversing a 3.07% gain from the previous week, Ripple’s XRP ended the week at $0.24216.
It was a mixed start to the week. Ripple’s XRP rose to a Tuesday intraweek high $0.25998 before hitting reverse.
Falling short of the first major resistance level at $0.2638, Ripple’s XRP slid to a Friday intraweek low $0.23783 and into the deep red.
Ripple’s XRP fell through the first major support level at $0.2438 before finding support through the weekend.
In spite of 2 consecutive days in the green, however, Ripple’s XRP failed to break back through the first major support level.
3-days in the red that included a 2.89% slide on Tuesday and a 2.36% fall on Friday delivered the downside for the week.
For the week ahead
Ripple’s XRP would need to move through the $0.2467 pivot level to support a run at the first major resistance level at $0.2555.
Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.2550 levels.
Barring an extended crypto rally, the first major resistance level and last week’s high $0.25998 would likely cap any upside.
In the event of a breakout, Ripple’s XRP could test resistance at $0.26 before any pullback. The second major resistance level sits at $0.2688.
Failure to move through the $0.2467 would bring the first major support level at $0.2333 into play.
Barring an extended crypto market sell-off, however, Ripple’s XRP should steer clear well clear of sub-$0.23 levels. The second major support level sits at $0.2245.
At the time of writing, Ripple’s XRP was down by 0.01% to $0.24214. A mixed start to the week saw Ripple’s XRP rise to an early Monday morning high $0.24281 before falling to a low $0.24203.
Ripple’s XRP left the major support and resistance levels untested at the start of the week.
LONG TERM SWING TRADE)
ENTRY 1 $0.20580 (1/3) position size
ENTRY 2 $0.18468 (2/3) position size
ENTRY 3 $0.16000(3/3) position size
SL $0.14580
TP.1 $0.21468
TP.2 $0.24580 (TRAIL STOP LOSS FROM TP.1 Or BREAK EVEN)
TP.3 $0.29468
TP.4 $0.34580--- (TRAIL STOP LOSS FROM TP.3)
tp.5 $0.48468 tp.6 $0.68580 TP.7 $1.11
TP.8 $3.30
XRP and its role in the growing blockchain adoption
Another key point revealed by the Ripple report is the diversification in use cases by companies using blockchain technology. 98% of participants using a blockchain have deployed technology for supply chain management (62%), commerce, and finance (51%). So it’s not surprising that 99% of participants said their company could use a digital asset such as XRP to process payments or as a medium of exchange. In contrast to the 2018 results, this figure has grown by 94%.
Among the strengths that participants said blockchain technology has, the speed to make cross-border transactions received 40% of the responses. In this aspect, the digital asset XRP and its instantaneous transfers with Ripple’s On-Demand Liquidity solution offer the most important benefit for respondent companies. Along with cost (32%) and reliability (27%), as shown below.Among the obstacles to blockchain adoption, participants mentioned a lack of regulatory clarity, the amount of investment required to implement the technology, and security. However, the results show that digital assets such as XRP are increasingly becoming an important part of the development of the blockchain industry. The report concludes:
Emerging markets are leading the charge, recognizing that responsible usage of blockchain and digital assets can unleash tremendous potential for their economy. Without a doubt, both will drive greater financial inclusion and economic growth not unlike the Internet’s impact. Mature markets stand to benefit as well
XRP - 4 Hour My ThoughtsIn the No Trade Zone... To risky not sure which direction XRP is heading. My question is, did we form a bear flag or is it played out already?
If we break all the resistance above, i would wait for the pull back and close and open above the channel. Short if we break the channel with a pull back. I like buying after the pull back because I've seen to many fake-outs.
SHORT TERM: Neutral - Bearish
MID TERM: Neutral Bullish
LONG TERM: Bullish - Next ATH
Short term bearish, because it looks like we are getting a bounce off the top of the channel and BTC is getting a slight pull back.
Depending on what BTC is doing. Please visit my BTC chart to get an idea.
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I am not an investment adviser. Please do your own homework and get professional help.
RIPPLE coin buying opportunity around 50% FibonacciRIPPLE
XRPUSD is currently trading above the 50% Fibonacci level and 61.8% Fibonacci is acting as resistance for the bull.And started trading in a tight range.
0% Fibonacci level give a strong support for the bull market. Buying after the broke and retest on the upper side of the range will give us a good risk ratio. Stop lose may place below the 38.2% Fibonacci level. In volume profile Point of control is coordinates with 38.2% Fibonacci
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Very big moment In XRP...MOON.. or .. It remain unmoved ?XRP is in a very big pressure to show some pulse of live .
Xrp's "1 Month candles Chart" has shown some light. we just made the golden cross after a very "long long time".
First time after 2018 we are witnessing the "Golden Cross" in "1 month candles" chart.
In past we have seen Golden Cross in daily or weekly chart in XRP "BUT" first time we are witnessing "Golden Cross" in monthly chart.
Very excited moment, this may be the most awaited Reversal For XRP fans.
Lets see whether this golden Cross has any Relevance in Crypto World or not.
XRP - 4 Hour My ThoughtsHello XRP fans and haters, Andrew here, coming from burning California.
Hate to say XRP fans, it I'm still Bearish until we climb out of this dang descending channel. Sitting on top of support (the 21 MA). IF we break out of the channel and the 21 MA, good things could happen. The inverted H & S pattern could easily playout, due to the resistance and support lines, in relation to the existing left shoulder and head, a break with volume, could take use to the neck line .50 Fib RETRACEMENT line. Retrace to the Golden Pocket, .618.
SHORT TERM: Bearish to Neutral
MID TERM: Neutral to Bullish
LONG TERM: Bullish (with all other alts)
BTC is dominating market right now so most crypto are dumbing. If you are not in XRP right now, DON'T open any position, even if we break the neckline, it's still a crap shoot. For swing traders I would wait until we are in the buy zone, at around $0.33. I hear people say alt season is over, lol, in this next btc run, alts season hasn't even started.
XRP - 4 Hour My Thoughts - 9-17-20Update, I just updated and added a few markers. I also removed the possible Bear Flag, I feel the flag is no longer valid. I also changed my outlook from Neutral to Bearish, to Neutral to Bullish. There will hurtles on the way up or sideways motions will continue. The no trade zone in this chart is excellent are for scalper with an 8% swing. BUT, set your stops tight and ride the wave. Keep in mind BTC can change course at anytime, so set take profits and stop losses as required.
I am not an investment adviser, so do your own homework and seek help if you dont know what you're doing.
Thank you for visiting, and if you like my chart, please SHARE, LIKE and FOLLOW. :)
XRPUSD to see an uptrend(1D) | MACD suggesting bullMarket in last 1 week
XRPUSD saw a slight uptrend with the price reaching the midline band
Price volatility was very high. The market moved ~10.32%, between $0.258 and $0.234
Today’s Trend analysis
XRPUSD expected to see an uptrend as the price is trading between midline and lower band with higher lows being observed
Price at the time of publishing: $0.2509
XRP’s market cap: $11.35 Billion
Oscillator indicators are mostly neutral. RSI at 47 in the neutral region.
Moving average indicators are mostly neutral. Ichimoku Cloud is neutral and Hull MA indicates buying opportunities
Volume indicators observed an increase in recent candles from 30.9 to 53.01M being below the 20-candle moving average which decreased from 70.93M to 64.39M.
Price expected to see an uptrend as the price is trading between midline and lower band with higher lows being observed. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, histogram changing from negative to positive in region suggesting a bullish bias. RSI at 47, below the midline in the neutral region. CCI at -6, in the neutral region with an upmove. Another interesting point to notice here is that the volume observed an increase in recent candles being below the 20-candle moving average indicating bearish momentum.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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- Mudrex
Ripple coin Bear flag is formingXRPUSD
Bear flag is forming at four-hour chart. And the price is currently trading below the 50,100,200 exponential moving average.
The current level is below 50% Fibonacci retracement level. 61.8% Fibonacci will be act as resistance for bearish trend.
On upside 0.31000 will be a major resistance level. On downside the target would be 0.21000.
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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.
XRPUSD to see downmove after getting resistance from midline(1D)Market in last 1 week
XRPUSD saw a sideways movement and got support from lower band
Price volatility was very high. The market moved ~15.65%, between $0.266 and $0.230
Today’s Trend analysis
XRPUSD expected to see an uptrend and decline after getting resistance from midline, as the price has been trading between midline and lower band, with support from lower band
Price at the time of publishing: $0.2455
XRP’s market cap: $11.01 Billion
Oscillator indicators are mostly neutral. RSI at 42 in the neutral region.
Moving average indicators are mostly neutral. Ichimoku Cloud is neutral and Hull MA indicates buying opportunities
Volume indicators observed a decrease with high values for red candles, with traded volume between 113.9M and 39.7M with a decrease in 20-candle moving average
Price expected to see an uptrend and decline after getting resistance from midline, as the price has been trading between midline and lower band, with support from lower band. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, histogram size decreasing in the negative direction suggesting a bearish bias. RSI at 42, below the midline in the neutral region. CCI at -73, in the neutral region with an upmove from oversold region. Another interesting point to notice here is that the volume observed a decrease with high values for red candles indicating a shift from sellers to buyers with Bollinger band expansion.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
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XRPUSD to see downtrend(1D) | Price riding the lower bandMarket in last 1 week
-XRPUSD saw a dowtrend after breaking the midline support
-Price volatility was very high. The market moved ~12.96%, between $0.292 and $0.262
Today’s Trend analysis
-XRPUSD expected to see a downtrend as the price is rding the lower band with lower lows observed
-Price at the time of publishing: $0.2644
-XRP’s market cap: $11.89 Billion
-Oscillator indicators are mostly neutral. RSI at 42 in the neutral region.
-Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral
-Volume indicators observed a similar value in the recent candles with the 20-candle moving average decreasing
Price expected to see a downtrend as the price is rding the lower band with lower lows observed. Most of the Oscillator indicators are neutral. MACD line below the signal line, histogram size increasing in the negative directionsuggesting a bearish bias. RSI at 42, below the midline in the neutral region with a down move. CCI at -188, in the overbought region indicating an uptrend. Another interesting point to notice here is that the volume had a similar value in the recent candles suggesting a bullish momentum.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex