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3X Long XRP Token / USD Tether

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XRPBULLUSDT trade ideas

HelenP. I Ripple can continue to move up to $0.6000 levelHi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in the resistance zone, which coincided with the 0.6185 resistance level, after which XRP rebounded from this zone and rose to the trend line. Then price turned around from this line and in a short time declined back to the resistance zone and even lower, breaking the 0.6185 level, but soon rose back. Price some time more traded near the resistance zone and later made impulse down to the support level, which coincided with the support zone, thereby breaking the resistance level with the trend line. Next, Ripple turned around from the 0.5725 level and tried to rise more, but when it reached the trend line, the price declined lower support level to the support zone. After this movement, XRP a not long time ago made impulse up from this area, thereby breaking the support level with the trend line one more time. As well, the price reached a resistance level, but in a short time declined to the support level and now it tried to rise again. For my mind, Ripple will make correction to the support level again and then rebound up. That's why I set my target at the 0.6000 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
1
Ripple Labs' Set to Launch a Stablecoin Pegged to the US DollarRipple Labs Inc., an American blockchain payments firm, has recently announced its intention to launch a stablecoin that could potentially compete with Tether ( CRYPTOCAP:USDT ) and other similar stablecoin assets in the market. The firm aims to offer transparency in its reserves, which will be pegged on a 1:1 ratio with the United States Dollar and will be composed of multiple assets, including US dollar deposits, short-term US government treasuries, and other cash equivalents. To ensure transparency, Ripple Labs ( CRYPTOCAP:XRP ) has stated that it will conduct a thorough audit by a third party and will publish monthly attestations right from the launch. The firm will also adopt a compliance-first strategy, leveraging the BitLicense it received from New York, as well as other related licenses from Singapore and Ireland, as a starting point for its regulation-first approach. According to Brad Garlinghouse, Ripple CEO, this move is a natural step for the company to bridge the gap between traditional finance and crypto, and institutions entering this space are finding success by partnering with compliant, crypto-native players. The proposed stablecoin will further relieve the strain on CRYPTOCAP:XRP , Ripple's associated digital currency used as a payment token to power its On-Demand Liquidity (ODL) service for years. Furthermore, Ripple Labs Stablecoin will be hosted on the XRP Ledger (XRPL) at launch, and the firm plans to expand this reach to other protocols overtime to push its decentralization agenda. Ripple believes that its alternative stablecoin has the enterprise links to gain a significant market share from Tether and USD Coin, which currently dominate the stablecoin market. The introduction of a new stablecoin could imply relative competition within the Ripple ecosystem, potentially impacting CRYPTOCAP:XRP demand and price in the long term. However, Ripple's business confidence could increase, and investors may bet more on the coin, positively influencing XRP's price outlook. CRYPTOCAP:XRP has already shown bullish growth of 2.33% in 24 hours, marking the first sustained bullish trend for the week. Overall, Ripple Labs' plans to launch a stablecoin asset offer a new dimension to the stablecoin market, and its promise of transparency, compliance, and multichain compatibility could further solidify its position in the crypto space.
Long
by DEXWireNews
XRP Faces Turbulence: Traders Suffer Losses Amid SEC Lawsuit The CRYPTOCAP:XRP market is grappling with turbulence as traders count their losses amidst mounting uncertainty surrounding the Securities and Exchange Commission's (SEC) lawsuit against Ripple ( CRYPTOCAP:XRP ). With the price plummeting to a two-week low of $0.56, investors are bracing for further volatility ahead of the next key deadline in the legal battle on April 22. As Ripple prepares to present its response to the SEC's remedies-related brief, the fate of XRP hangs in the balance, prompting traders to reassess their positions in anticipation of the impending developments. The Ripple Effect: The recent downturn in XRP's value has sent shockwaves through the market, with traders collectively suffering losses amounting to $25.67 million since Tuesday. This stark decline underscores the prevailing uncertainty surrounding the outcome of the SEC lawsuit and its implications for Ripple and the broader cryptocurrency landscape. As traders grapple with mounting losses, the Network Realized Profit/Loss chart on Santiment reveals a sign of capitulation, further exacerbating market sentiment and fueling speculation about XRP's future trajectory. Navigating Uncertain Waters: Against the backdrop of legal turmoil, CRYPTOCAP:XRP holders are closely monitoring the upcoming deadline in the Ripple lawsuit, particularly Ripple's expected opposition to the SEC's remedies-related brief on April 22. The outcome of this legal skirmish is poised to shape the narrative surrounding CRYPTOCAP:XRP and determine its near-term price action. Technical Outlook CRYPTOCAP:XRP holders are closely monitoring the next key deadline in the Ripple lawsuit, particularly regarding Ripple's expected opposition to the SEC's remedies-related brief on April 22. Technically XRP's price may potentially experience a liquidity sweep at $0.56 before beginning its recovery. CRYPTOCAP:XRP has been able to sustain itself above the two key support levels for almost a month. If CRYPTOCAP:XRP price collects liquidity at the $0.5673 support, the altcoin is likely to bounce back and fill the Fair Value Gap formed between $0.6030 and $0.6103 and another one between the $0.6185 and $0.6204 levels.
Short
by DEXWireNews
XRP ONCE AGAIN!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. XRP ONCE AGAIN! Zoomed out picture. 📚 👉As we can see price is still trading above our rising trendline, and price is still respecting it quite good lining up with our massive support zone. 👉Meanwhile, as the price will be approaching our lower zone one more time, we will be looking for new longs as a trend following as we did before. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
RIPPLE - Price can break support level and continue to declineHi 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 rose to support level, but at once bounced and fell to support line of channel. After this, price turned around and made upward impulse to resistance level, thereby breaking $0.5665 support level. Next, XRP corrected and then repeated upward impulse to $0.7440 points, breaking $0.6630 level and exiting from channel. Soon, price turned around and in a short time declined to support level in triangle, breaking resistance level again. A not long time ago Ripple bounced up and started to rise and now I think that XRP can fall to support level back. Also then, Ripple will break this level, make retest, and continue to fall to $0.5200 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
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by CryptoCheck-
The key is whether it can receive support around 0.5682 and riseHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPUSDT 1M chart) If the price remains above 0.47, it is expected to continue its upward trend. Since the volume profile section is formed around 1.0409, it is expected that a new wave will be created only if it rises above 1.0409. (1W chart) The HA-High indicator is formed at 0.5682. Accordingly, the key is whether it can receive support around 0.5682 and rise. If not, 1st: 0.5236 2nd: 0.47 You need to check if you receive support near the first and second levels above. Since a psychological volume profile section is formed around 0.618 (0.8121), in order to continue the upward trend, the price must rise above the psychological volume profile section formed around 0.618 (0.8121). (1D chart) As prices fall, the likelihood of a new HA-Low indicator being created increases. The creation of the HA-Low indicator means that a low point is formed. Therefore, if the HA-Low indicator is touched, support is an important issue. Currently, the HA-Low indicator is formed at 0.5145. Therefore, if the HA-Low indicator plummets to around 0.5145 before a new indicator is created, you should check to see if it shows support. If support is confirmed, it is time to buy. Falling below the HA-Low indicator means that there is a high possibility of renewing the low point, so a stepwise decline may occur, so you need to think about how to respond. Since the HA-High indicator is formed at the 0.6405 point, it must rise above 0.6405 to continue the upward trend. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
XRP//USDT bullish continuation from support? 🚀XRP Analysis💎 Paradisers, take note of #XRPUSDT as it unveils an intriguing pattern. Our focus lies on key resistance levels, which could potentially pave the way for a bullish continuation from the critical support at $0.5710. We remain vigilant, awaiting the opportune moment to execute our strategy. 💎 In the event that $RIPPLE loses momentum at the support level, we envision a bullish scenario: a rebound from the lower support at $0.5426. This level boasts substantial liquidity, evident from previous robust upward movements and significant green candles. 💎 However, should the price dip below this secondary support, it may signal a shift toward bearish territory, accompanied by increased selling pressure. As we closely monitor the #XRPCOMMUNITY market behavior, staying alert and adaptable is crucial.
Long
by MyCryptoParadise_Simon
XRP Cup & Handle forming bull-flag pattern with Fibonacci. If you've followed my charts, then you've certainly seen the cup & handle pattern that I identified many months ago in XRP. Although the breakout wasn't as spectacular as many of us had hoped for, it seems a pattern is forming within the pattern. The bull-flag, in combination with the Fibonacci sequence, and the upper trendline of the 'XRP is not a security' rally high, may be a good combination for traders to utilize in order to plot their next long position. Good luck, and always use a stop-loss!
Long
by MetaShackle