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Xrpusdlong

XRP retesting supportRipple is retesting support at 0.6367 level. We can observe it to respect that price and bouncing of of it. This level represents top of triangle we were talking about in March this year. On top of that XRP is forming a channel so there is a chance for nice pull back. Ichimoku: Chikou under price, SS1 under SS2 plus we experienced massive drop below Kumo, retest and further fall. Personally I took my chances and Bought at the retest and hoping for at least temporary growth. Hopefully Crypto will recover and we well have another move up.
KRAKEN:XRPUSD
by RafalZuchowicz
XRP / USD0.0079 KWh per transaction for XRP VS 707 KWh for Bitcoin Bitcoin is too polluting. It is understood for Elon Musk and Tesla. The manufacturer is therefore exploring other cryptocurrencies with better energy efficiency. It could be Dogecoin, with which Musk has a privileged relationship. However, another blockchain shows much better performance than others on this issue: Ripple and XRP. Investors are not unaware of it. The token gained 20% in the 2 days following the statements by the CEO of Tesla. This is no small achievement in a plunging crypto market, driven by the fall in the value of Bitcoin. XRP gains have since been wiped out. However, the token resists better than the main cryptocurrencies. Over 7 days, the price of XRP fell 2.47% and 5.28% over 24 hours to $ 1.45. XRP has indeed objective advantages to seduce Tesla. As TRG Datacenters notes, XRP consumes the least energy per transaction. This consumption is evaluated at 0.0079 KWh per transaction. For comparison, this figure reaches 707 KWh for Bitcoin. Dogecoin, whose developers are benefiting from Musk's advice, also stands out at 0.12 KWh. Cardano also has a playing card with 0.5479 per transaction. Nonetheless, it was XRP that took first place. However, the cryptocurrency and its issuer suffer from a serious handicap. The future of the token hangs in the balance of justice following the SEC complaint. XRP's green advantage undermined by its lawsuit The case is proceeding in court. A standoff is currently taking place between the regulator and Ripple. At the heart of this new different: the participation or not of XRP investors. They are 17,000 to claim to intervene in the trial as a third party.
BITSTAMP:XRPUSDLong
by HolderYoda
2
UPDADE: RIPPLE SETTLEMENT FEASIBLE IN NEXT TWO WEEKS!SEC V. RIPPLE SETTLEMENT FEASIBLE IN NEXT TWO WEEKS, SAID TOP LAYWER “My prediction is that if Gary Gensler is going to pull back from this lawsuit and instead work for more regulatory clarity – it will happen in the next 2 weeks.” new-york-city Attorney Jeremy Hogan, a lawyer who has been covering the SEC v. Ripple lawsuit from the beginning, has predicted that if the new SEC Chair, Gary Gensler, chooses to settle with Ripple, that should happen within the next two weeks. FinanceFeeds covered Mr. Hogan’s remarks in March, when he raised attention to two bombshells dropped by the Judge, consenting on XRP’s currency and utility value. With currencies and securities being two different things, the SEC’s argument that Ripple is security may lose its credibility. This time, Attorney Jeremy Hogan commented on the most recent legal round, in which Ripple put the SEC to shame for making deliberate omissions and misquoting the Judge. Ripple’s Memorandum of Law in opposition to the SEC’s motion to strike Ripple’s lack of due process and fair notice affirmative defense was a “Mona Lisa, a piece of art”, the attorney said. The affirmative defense is important because if the Court finds Ripple lacked Fair Notice, the case is over even if the Court thinks XPR is a security, he explained. At the end of the video, Attorney Hogan shared his prediction regarding the timeline of the lawsuit, depending on the SEC’s new Chair Gary Gensler strategy for the regulator: to pursue further regulatory clarity or go full steam ahead. “My prediction is that if Gary Gensler is going to pull back from this lawsuit and instead work for more regulatory clarity – it will happen in the next 2 weeks. “If we go into June with no settlement then this lawsuit has been adopted and supported by Chairman Gensler for better or worse. If that is the case I predict no settlement until September at the earliest”, he continued. “If there is no settlement and we go to summary judgment or trial I predict…well, heck I don’t know – do I look like a mind reader?” SEC’s new Chair, Gary Gensler, is described as “one of the leading reformers after the financial crisis” as he led the CFTC in implementing the Dodd-Frank Act of 2010 and rein in abuses in the swap derivatives market. Then, he pledged to work to “urgently close the gaps in our laws to bring much-needed transparency and regulation to the over-the-counter derivatives market to lower risks, strengthen market integrity and protect investors.” Regarding regulatory clarity, the CFTC is watching the lawsuit as it will help to establish the scope of the SEC’s authority in the digital assets space”, said Commissioner Stump. Also in the context of the SEC’s lack of clarity, XRP holders’ lawyer John E. Deaton said it “doesn’t take an expert to see that plenty is very wrong, very corrupt and very outrageous about the SEC’s lawsuit against Ripple”. Ripple CEO Brad Garlinghouse has recently said the lack of clarity in U.S. regulation of cryptocurrencies is “frustrating.”
BITSTAMP:XRPUSDLong
by ismartek
11
XRP - Cryptos in Capitulation!!!Hi everyone, A flash crash going in to total capitulation is not what we expected - this was very hard especially for inexperienced traders. Bein over leveraged is suicide in these cases, hence this was a catalyst to this flash crash. The overall trend still looks bullish (I'm still super bullish), it's very horrible price action but the ABC correction wave is playing out. On the daily we have to see a reversal pattern playing out to confirm the bullish trend: some kind of V shape pattern. Weekly chart shows that XRP is holding key supports! C Wave could have finished, maybe an extra leg down but to be seen - excellent buy opportunities. On the monthly chart we see that with fractal analysis we expected this crash followed by consolidation: Kind regards, Noel
KRAKEN:XRPUSDLong
by itsnoelv
XRP > Alive Again, Possible 35% Move!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis on #XRP Hello friends. After the hurricane of yesterday, we can now start rebuilding, I was buying all day yesterday, and here are some of what I bought. XRP, LTC, RVN, BNB, DOGE, NEO, VET, DOT, UNI, CAKE, 1INCH I think there is more but those the ones I remember now, to be honest, all day yesterday was trying to avoid looking at my portfolio balance and till now I don't really know how much I lost yesterday but I have feeling it is a huge amount, I had a 25% USDT which I deployed yesterday and looking to sell some of it soon to have a cushion if the market falls back again which I don't think it will, however, for me, I am collecting coins, at bargains, the funny thing if I told you weeks ago that I am ready to sell my BNB for $350 when BNB was $650 you would have paid the price without thinking and now BNB is in fact at this level and some of you still thinking should I buy. NOT A FINANCIAL ADVICE Back to the chart here we have XRP made a Successful test to its support level was able to find buyers I am now at least expecting a 37% move to the upside assuming no more panic selling. Safe trading everyone Check today analysis below⠀ >> “Control Your Emotion and You Control Your money.” _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Long
by TheTradersAvenue
21
Ripple price back to the drawing board, recovery to $1.6 begins Ripple seemed to hold above $1.2 amid the trading on Wednesday. Ripple had shown resilience for a few days as it controlled the correction from $0.71. Several tentative anchor zones had been established, including the confluence formed at $1.4 by the 50 Simple Moving Average (SMA), the 100 SMA on the four-hour chart. The flash drop continued under $1.2 and $1 before finding support at $0.85. Note that the declines in April were halted at this level, allowing the bulls to take control, bolstering the cross-border transfer token into a trajectory to $0.76. Ripple exhibits signs of recovery The international money remittance token has bounced off support at $0.85 and currently trades at $1.07. Holding above $1 is key to nurturing a recovery mission. Moreover, bulls must step above $1.2 to validate the uptrend and revitalize speculation for gains back to $1.6. According to the Relative Strength Index (RSI), recovery is expected to come into play. The trend strength indicator also identifies oversold and overbought conditions.  With the RSI recoiling from levels slightly under 30, the bullish grip is getting tighter. Consequently, the movement toward the midline and the overbought area will suggest that bulls have the upper hand. It is worth mentioning that the Moving Average Convergence Divergence (MACD) still has a bearish outlook. This indicator tracks the trend direction and measures its momentum. The MACD is helpful when identifying positions to buy the dip and sell the top. For now, the signal is still bearish and calls for caution among investors. However, as soon as the MACD line (blue) begins to cross above the signal line, the recovery will be confirmed. Ripple intraday levels Spot rate: $1.1 Trend: Bullish Volatility: High Support: $1 and $0.85 Resistance: $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape