Xrpusdlong
XRP moments away from breaking out XRP has been creating a descending channel since its high on January 23 at .434. It has a very steady parabola forming on the lower time frames which is something i have not seen XRP do for awhile. There are also clear signs of a reversal, on all time frames. I expect the rest of march to be very interesting...
XRP Long - Will history repeat? Will history repeat and will we see XRP flying again to similar levels compared to 2017? A positive outcome of the current litigation between SEC vs Ripple may be concluding. Personally I believe that the price will move ahead of the actual decision based on all the current knowledge we have about the case, which leans towards a Ripple win. Usually, the longer the accumulation the more explosive the move that follows after. Yes, the macro view about the economy in the world and in the stock market in general does not look good but in the same time XRP can bring real change to the current financial system.
As always, good luck and please DYOR before investing any money.
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XRP to stem dip into current support?XRP - 24h expiry - We look to Buy at 0.3716 (stop at 0.3636)
We are trading at oversold extremes.
Levels below 0.3700 continue to attract buyers.
We look to buy dips.
We look for a temporary move lower.
Bullish divergence is expected to support prices.
Our profit targets will be 0.3916 and 0.3966
Resistance: 0.3830 / 0.3850 / 0.3900
Support: 0.3760 / 0.3700 / 0.3650
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP vs SEC: Latest Update & Price WatchHi Traders, Investors and Speculators of the Charts 📈📉
In a previous post, I discussed the fundamental impact of Harvard declaring that XRP and XLM will be the future of payments (yes, this really happened) :
The latest update in terms of the SEC case against Ripple, is potential Ripple win against the SEC after the attorney said the SEC has admitted that Ripple is a software code. Forbes columnist who’s diligently tracking the Ripple/SEC case has requested access to the Hinman speech as she believes it to be game-changing for the entire crypto industry. An XRP enthusiast noted that Ripple’s sale of XRP since 2019 has only been for ODL transactions, thus, they won’t constitute for being a security. As per the latest development, Forbes journalist Dr. Roslyn Layton has filed a motion for intervening and seeking to access the document of Hinman’s speech from the court.
Although assets like Ethereum (ETH) have stayed outside the SEC jurisdiction, Ripple is facing a billion-dollar fine. “That inconsistency has given rise to grave concerns about potential conflicts of interest, because Hinman had a financial stake in promoting Ethereum to the exclusion of competing coins like XRP,” she added. Ripple has been arguing that the former SEC chief Hinman said in 2018 that Ethereum isn’t a security. Thus, the same rules should be applicable to Ripple, argues the blockchain startup. While speaking at the WEF 2023 summit earlier this year, Ripple CEO Brad Garlinghouse said:
When those come to light, I think you’ll see more how it is possible that the SEC decided to bring a case against Ripple, given what they were saying within their own walls.
When I had to decide how I will label this post (bullish or bearish), I pulled up my favorite technical indicator: The Phoenix Ascending. This indicator contains the RSI, EMA, LSMA and momentum. From the FA, we can see that the short term buying pressure has picked up, therefore I expect more upwards price action for the short term:
Remember the saying; buy the rumor and sell the news. I believe this is what's happening now on the charts, considering the positive outcome of the last hearing. Ultimately, I remain a believer and I am still fundamentally bullish on XRP for the future.
Interested in more altcoins with good trade setups? Checkout this idea:
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Financial Wave. XRPXRP stopped the decline in wave 2 at $0.37105. We have assumed this in our priority and so we will continue to follow it. Wave 3 has quite high upside potential and we might see a strong rally next week. The first target remains the same, which is $0.42201. In case the price falls below 0.37105$, the upside scenario is likely to be cancelled. We’ll continue to monitor Ripple in our Premium channel.
XRP longBefore a possible long entry, there may be significant selling pressure. Therefore, risk management is strictly followed. Despite the breakout of the 4-hour trend, there was no significant upward momentum and the price action has not changed much. The price is being held by an order block near the 0.44$ level, which has a high probability of being retested. This makes it a good opportunity to consider taking a long position.
XRP BUYS!Alert triggered while I was on the phone and miss the best entry. You can see we still have good RR and I like the look of this so this is our first trade of the week.
Still a heavy eye on GBP this week for downside. Out of GBPAUD, GBPNZD or GBPCAD, whichever works out first is the one I will take (and post here). The others I will post too but just know I do not take more than one live FX trade at a time. Once it goes risk free, I can look for others.
I will post all GBP trades that I like, but will make sure to let you know which are 'demo' trades and which is live.
XRP Analysis and Trade Idea💸 #Analysis #Trade 💸
📊 #4H-2h-15min
📝Leverage: 3x-5X
In 4TF ripple retests PDL and equilibrium area as support but there is no good momentum for the next rally. So I think we must wait for this coin to confirm the next movement. the trading range is possible for while between PDL _ and PDH.
There are some high potential areas to reverse the main trend. follow the order blocks confirmations.
➖➖➖➖➖➖➖➖
📗Order Type: Buy Limit (Not Active Yet)
🟡Ep 1=0.386$
🟡Ep 2=0.3785$
⛔️Stop>$0.3720
➖➖➖➖➖➖➖➖
📕Order Type: Sell Limit
🟡Ep 1=0.4020$
🟡Ep 2=0.4160$
⛔️Stop> 0.4270$
➖➖➖➖➖➖➖➖
📊Powered by Smart Money Concept+Volume profile
🆚Risk/Reward Ratio:10
➖➖➖➖➖➖➖➖
👤 Analysis by Hyperion_Trader
📅 2.19.2023
📫Get Free Access to Premium «Analysis + Trading Signals»
XRPThe xrp currency is in a side channel trying to break upwards, and this is the proposed scenario, and it is more realistic, reaching the price of 5500. The second scenario is to break the channel at the bottom, and therefore the currency is negative for sale. My advice is to wait to snipe the opportunity. A good investment, dear traders. With joy and pleasure ♥️💵
XRP to find support at market levels?XRP - 24h expiry - We look to Buy at 0.3986 (stop at 0.3877)
Levels below 0.4000 continue to attract buyers.
Our short term bias remains positive.
Daily signals are mildly bullish.
We look to buy dips.
Our profit targets will be 0.4259 and 0.4299
Resistance: 0.4100 / 0.4150 / 0.4200
Support: 0.4050 / 0.4000 / 0.3950
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
XRP Price Analysis On The Daily Chart :)Hello all XRP peeps out there! Here's my View of the coin on the daily chart! Hope you enjoy :)
XRP Needs to hold the .4111 LVL if it wants to continue to the upside. XRP needs to break the .4245 LVL AND then it might touch the very important LARGE area of Resistance at the .4585 LVL .
IF THE ABOVE FAILS..
XRP will go back down and test the LARGE area of Support at around .3884 - .4000 LVL .
Thanks for checking this out! good luck out there guys :) LOVE LOVE .
XRPUSD - Buy Signal Could Represent 20% GainXRP has been trending downward within a channel for well over a year now - plenty of strong trades have been made within this time, but the overall sentiment hsa been bearish. We've recently broken out of this channel and kind of expected something big to happen, 25-30% gains during the breakout we're nice, but not as epic as we'd hoped for after breaking out.
We've now received another Buy signal from Crypto Tipster v2, and with strong support on the underside and a nice channel to aim for, could be the start of the move upward? Go for 15-20% gains initially and then we'll have to re-assess the situation!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
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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
xrp target is 2 or 6$?Ripple is a strange cryptocurrency and full of potential to increase in price. The reasons are its universal use and low fees, as well as the liveness of this currency. But I believe that Ripple will easily go up to 2 dollars, then it will hit the resistance at that point and it will drop a little until the nearest resistance, which may be the price around 1.5 dollars, and it will make a cup pattern, then it will go to 3-6 dollars by this pattern.