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XRPUSDT

RIPPLE - Price can bounce up from support area to $0.6600Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once declined to support line and then continued to rise. Price reached $0.5400 level, which coincided with support area, and in a short time broke it, after which rose to resistance line. Then Ripple some time traded near $0.5400 level and later declined to support area, thereby exiting from channel. After this, price reached support line in this area and soon made strong upward impulse to resistance line. Also, XRP broke $0.6190 level, which coincided with support area, and recently broke resistance line too. Now I think that Ripple can bounce from support area and rise to $0.6600 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
XRP Cup & Handle is playing out PERFECTLY!The XRP Cup & Handle formation that I identified a while back is progressing very nicely on the daily. It has now broken out of the handle formation, and will most likely be working toward the upper rim line at the .5744 level. Once broken, we can reasonably assume that XRP price will continue it's bullish move to the .6155 level, and the .6496 levels respectively. Good luck, and always use a stop! *** I apologize for the repetitive post. Tradingview has taken this chart down twice now.
by MetaShackle
XRP/USDT Bullish Leap from Demand Zone? 🚀Ripple💎 Paradisers, get ready for an enticing trading prospect with #XRPUSDT, as it's positioned in a demand zone, hinting at an upcoming bullish shift. 💎 Observing #RIPPLE momentum, it's been riding an upward trend from the pivotal support at $0.5213. Currently, as the price edges closer to the resistance at $0.5405, breaking and holding above this barrier could signal a climb aimed at overcoming the overhead bearish Order Block. 💎 Should the #XRP wane, a bullish resurgence from the established support at $0.5179 might be in play, with a descent below this point potentially triggering a notable slide.
Long
by MyCryptoParadise_Simon
Ripple (XRP) Enters Crucial Phase: Six-Year Bull PennantDeciphering Ripple (XRP): Navigating a 6-Year Bull Pennant Towards Potential Upsurge In the realm of cryptocurrency, where price movements often resemble the ebbs and flows of the tide, Ripple (XRP) has emerged as a notable contender, navigating a six-year bull pennant formation that could herald significant price action in the near future. As the cryptocurrency community eagerly anticipates the resolution of this pattern, Ripple finds itself at a critical juncture, poised to overcome obstacles and potentially embark on a major bullish trajectory. Unveiling Ripple: A Brief Overview Ripple, launched in 2012, is more than just a digital currency; it's a blockchain-based payment protocol designed to facilitate fast, low-cost cross-border transactions. Unlike Bitcoin and Ethereum, which rely on proof-of-work consensus mechanisms, Ripple operates on a unique consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). This approach enables rapid transaction settlement, making Ripple an attractive option for financial institutions seeking to streamline their payment processes. The Six-Year Bull Pennant: A Tale of Compression and Anticipation For the past six years, Ripple's price has been compressing within a bull pennant formation—a pattern characterized by decreasing volatility and converging price action. This prolonged period of consolidation has fueled speculation and anticipation among traders and investors, with many eagerly awaiting a breakout that could signal the beginning of a major uptrend. With the end of the pennant coinciding with the new year, there's a possibility that Ripple could experience a prolonged squeeze leading up to a significant move. The recent clearance of stage 1 resistance marks a promising development, suggesting that Ripple may be on the cusp of entering stage 2, where short-term breakouts and upward momentum become more prevalent. Navigating Stage 2: Short-Term Breakouts and Price Momentum As Ripple sets its sights on stage 2 of the bull pennant formation, traders are closely monitoring short-term resistance levels for signs of upward movement. The recent uptick in price suggests that Ripple may be gathering momentum, with the potential for further upside if key resistance levels are breached. However, the journey towards stage 3—a critical milestone signaling a major bull run—remains fraught with obstacles and challenges. Chief among these is regulatory uncertainty, as Ripple continues to grapple with legal issues and regulatory scrutiny, particularly in the United States. The outcome of ongoing legal battles, including the Securities and Exchange Commission (SEC) lawsuit alleging that XRP is an unregistered security, could have significant implications for Ripple's future trajectory and market sentiment. Conclusion: Navigating Uncertainty Towards Potential Upsurge As Ripple navigates the complexities of the cryptocurrency landscape, traders and investors remain cautiously optimistic about its prospects. The convergence of technical indicators and market dynamics suggests that Ripple may be on the verge of a major breakout, with the potential for significant price appreciation in the coming months. However, challenges remain, and the path forward is fraught with uncertainty. Regulatory hurdles, legal battles, and broader market conditions will all play a role in shaping Ripple's future trajectory. In conclusion, Ripple's journey from compression within a six-year bull pennant to potential breakout is a testament to the resilience and innovation of the cryptocurrency space. As traders and investors eagerly await the resolution of this pattern, the eyes of the cryptocurrency community remain fixed on Ripple, with the hope that it will overcome obstacles and realize its full potential in the ever-evolving landscape of digital finance.
BINANCE:XRPUSDLong
by UnknownUnicorn2319099
4
HelenP. I Ripple can rise a little more and then it start fallHi folks today I'm prepared for you Ripple analytics. A not long time ago price broke support 2, which coincided with the support zone, and started to trades inside consolidation, where in a short time later it reached support 1. After this, XRP made little correction, after which it tried to rise back to support 1, which coincided with one more support zone, but failed and declined more until to support 2. Price, after declining to this level, some time tried near, after which it turned around and made a strong impulse up to support 2, and soon broke it also. Then XRP rose a little higher, after which made a strong correction movement until to support 2, but soon the price turned around and rose back to this level. As well recently, the price rose higher than the support zone and now it continues to grow. For this reason, I expect that Ripple will rise to 0.6100 points, after which it can make a correction movement to the support zone. That's why I set my target at 0.5845 points, which is located in this zone. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
XRP/USDT 1DInterval ChartI invite you to review the chart of XRP in pair with USDT, on a one-day time frame. Let's start by identifying the main upward trend in which the price is moving. However, since the last bull market, it is clear that we managed to come out on top from the downward trend line, and currently we are moving in a triangle and we can see here the fight against the upper limit and that we are getting closer to leaving the triangle. Looking at a possible exit from the triangle upwards, we will use the Fib Retracement tool, thanks to which we can see a very important resistance at the level of $0.93, from which the price bounced during the last upward movement, then we may have an upward movement to the level of $1.33. Looking the other way, we see that the price has remained at the support level of $0.53, but if the price goes below the indicated support, the next support is at $0.42, and the third support is at $0.29. When we turn on EMA Cross 50 and 200, we can see a downward trend, but there is a visible movement of the yellow line EMA Cross 50, which begins to reverse, which may give an upward trend again. The RSI indicator shows that there is still room for continued growth, while the STOCH indicator shows a movement that is approaching the upper limit, and when it exceeds it, it is worth being cautious in case of a correction.
by cryptodailyuk
XRPUSD keylevelRipple is one of a bullish coin that perform a nice channel up pattern. If you are holding ripple, or wanna jump in to follow bullish market, there is several key level that u need to know. 1. Minor resistance (bullish key level) 0.5493 become strong resistance for ripple, If this resistance break up, Ripple ready to move in a strong bullish wave to reach channel up resistance around 0.5944 2. Channel up resistance (bullish target) If minor resistance broken, bullish target at channel up resistance at 0.5944. This resistance also as fibonacci 1.272 bullish projection and also as previous resistance. 3. Channel up support (bearish key level) If 0.5493 cannot broken, Ripple will back to channel up support at 0.5321. This is martingale point if you wanna double your long volume. But careful, this level also as bearish key level if it break down, you can use stoploss few point below 4. Major support 0.4905 as major support for ripple, if channel up support break down, Ripple will perform another bearish wave to reach this level. I will update more about this analysis, make sure you support this analysis to get a quick notification of any update. Happy trading, and see u at next analysis. Bye
Long
by AzrulAzir
7
XRP is bullishThe large structure of XRP is bullish, we have a close support area for XRP, it can be pumped by maintaining this range. The targets are marked on the chart. Closing a daily candle below the invalidation level will invalidate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
XRP - Ready for breakout?Hi, this is my new update for XRP. Finally XRP is moving higher. Right now XRP has a big resistance around 0.59 - 0.60 and at the same time we have also down trendline. The good news is that we held the uptrend very well in the last 6 months and the price is getting very tight between the up trendline and down trendine. Since the market is very bullish now I expect that we are going to break the trendline and move much higher. Once we break the resistance 0.60 the next stop is 0.71. As long as we close daily candle above the 100 & 200 SMA things are very bullish for the next couple of weeks, so be patient good things take time.
BITSTAMP:XRPUSDLong
by GOAT1375
First destination: 1,92-2,05 $ for #XRPUSDFirst destination: 1,92-2,05 $ for #XRPUSD XRP, the digital asset native to the XRP Ledger, has seen a fluctuating market value, much like other cryptocurrencies. Recently, there has been speculation about its potential rise in price to the range of $1.92 to $2.05. This price target for XRP represents a significant increase from its current value and indicates a positive outlook among some investors and analysts. Several factors could contribute to this potential price surge. Firstly, the increasing adoption of blockchain technology and digital assets in various sectors, including finance and remittances, could play a pivotal role. XRP, known for its fast transaction speeds and low fees, is well-suited for cross-border payments and could benefit from broader industry growth. Moreover, Ripple, the company closely associated with XRP, has been actively working on expanding its partnerships with financial institutions worldwide. These partnerships, aimed at using XRP for facilitating international money transfers, could enhance the token's utility and demand, positively impacting its price. Legal developments also play a crucial role. The ongoing legal case between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a significant factor in XRP's market performance. A favorable outcome for Ripple in this case could lead to increased investor confidence and a subsequent rise in XRP's price. Lastly, market sentiment and investor behavior, influenced by global economic conditions and regulatory developments in the cryptocurrency sector, could impact XRP's price. The crypto market is known for its volatility, and positive news or widespread adoption of digital assets could lead to increased demand and price for XRP. In conclusion, while the target price range of $1.92 to $2.05 for XRP is speculative, it is supported by factors such as the growing adoption of blockchain technology, Ripple's expanding partnerships, legal developments, and overall market sentiment. However, investors should exercise caution and conduct thorough research, as the cryptocurrency market is highly unpredictable.
BITSTAMP:XRPUSDLong
by drkemalturker
1
Ripple can bounce up from support line of pennant to seller zoneHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price recently started to trades in the range, where soon price declined to the 0.5070 support level, which coincided with the buyer zone and then continued to rise. But when it reached the top part of the range, XRP turned around and declined lower than the 0.5070 level, thereby exiting from the range. After this, the price started to rise in an upward pennant, where it at once rebounded from the support line and rose to 0.5070 level and in a short time broke it one more time. Then XRP some time traded near this level and later made a strong upward impulse to the resistance line of the pennant, breaking the 0.5570 resistance level, but soon price turned around and declined back. Also, price tried to back up to the resistance line, but failed and declined to support line of the pennant. But recently it rebounded from this line and started to rise. So, now I think that Ripple can correct to support line of pennant again and then rebound up to the seller zone, breaking the resistance level. For this case, I set my target at 0.5635 points inside the seller zone. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
RIPPLE - Price can bounce from support line to $0.5720 pointsHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to triangle, where it first made upward impulse from support line to resistance line of triangle. Then price turned around and declined to support line back, breaking $0.5790 level, which coincided with resistance area. Also soon, Ripple exited from triangle and entered to rising channel, where it declined to support line of channel. After this, price turned around and in a short time rose to resistance line of channel, breaking $0.5050 level. But a not long time ago XRP bounced from this line and fell to support line, where it continues to trades near. Possibly, Ripple can fall to this line and then bounce and start to move up to $0.5720 points. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
XRP - Best time to buy is right now, here is whyXRP is currently sitting on the main support of the ascending parallel channel. This is definitely a great opportunity to buy cheap XRP. We have a leading diagonal wedge as wave (1) followed by a sharp correction wave (2). Wave (3) should be in progress. You can be sure that XRP is a big deal for huge institutions such as banks. They are already investing a lot of money into implementation of this cryptocurrency. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Unlike Bitcoin or Ethereum, the XRPL uses a unique Federated Consensus mechanism as its method of validating transactions. Transactions are confirmed on the XRPL through a consensus protocol, in which designated independent servers called validators come to an agreement on the order and outcome of XRP transactions. All servers in the network process each transaction according to the same rules, and any transaction that follows the protocol is confirmed right away. All transactions are public and transparent, and anyone can operate a validator. There are currently over 150 validators on the ledger, operated by universities, exchanges, businesses, and individuals around the world. Through the Federated Consensus mechanism, all verified transactions can be processed without a single point of failure as no single participant makes a decision independently. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
11
XRP RIPPLE Technical Analysis & Trade IdeaXRP is showing a bearish bias on the daily and 4H timeframe. A break of market structure to the downside on the 4H chart with lower highs/lows reinforces this sentiment. Intraday Opportunity: We are looking at the 61.8% retracement for a sell opportunity with SL placed above the previous highs, and targeting previous lows. Disclaimer: Please note that this analysis is purely technical and not to be construed as financial advice. Always conduct your own thorough due diligence and implement sound risk management practices before executing any trades.
Short
by fxtraderanthony