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3X Long XRP Token / USD Tether

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XRPBULLUSDT trade ideas

XRP Price Eyes $0.70 TargetCRYPTOCAP:XRP , the digital asset associated with Ripple, has recently witnessed a significant uptrend, reaching a new 2024 high of $0.65. Amidst this surge, developments in the ongoing SEC v. Ripple lawsuit have added complexity to CRYPTOCAP:XRP 's price dynamics. Ripple's Influence on XRP Price: Attorney Bill Morgan, a Ripple proponent, suggests that Ripple's influence on CRYPTOCAP:XRP 's price may gradually diminish as the payment remittance firm's holdings decrease. Ripple's strategic move to lock nearly 55% of CRYPTOCAP:XRP supply in escrow aims to enhance predictability and reduce volatility in the market. This development could potentially mitigate negative impacts on CRYPTOCAP:XRP 's price, fostering stability and investor confidence in the altcoin. Technical Analysis and Price Outlook: CRYPTOCAP:XRP 's price momentum remains bullish, with the altcoin surging towards its December 2023 peak of $0.70. Technical indicator, including the Moving Average Convergence Divergence (MACD), support CRYPTOCAP:XRP 's recent gains and reinforce the bullish thesis for the altcoin. To sustain its upward trajectory, CRYPTOCAP:XRP must surpass resistance at $0.6501 and establish it as a support level. Additionally, the altcoin could find support at the 78.6% Fibonacci retracement level of $0.6148 in the event of a price decline. Legal Developments and Market Sentiment: The ongoing SEC v. Ripple lawsuit continues to influence market sentiment and investor confidence in XRP. As legal proceedings unfold, clarity on XRP's regulatory status could potentially alleviate concerns and pave the way for broader adoption and investment. However, uncertainties surrounding the lawsuit remain, underscoring the importance of monitoring legal developments and their impact on CRYPTOCAP:XRP 's price dynamics. Conclusion: CRYPTOCAP:XRP 's recent surge to new highs reflects both positive market sentiment and strategic developments by Ripple to enhance the altcoin's stability and predictability. While legal uncertainties persist, XRP's resilience and bullish momentum position it as a formidable player in the cryptocurrency landscape. As investors navigate the evolving regulatory landscape and market dynamics, XRP's trajectory will continue to be shaped by legal developments, technical indicators, and broader market trends. Amidst this dynamic environment, staying informed and vigilant is crucial for assessing XRP's potential and navigating opportunities in the crypto market.
Long
by DEXWireNews
XRPUSDT.1DBased on the provided market data, the XRP cryptocurrency is currently trading at $0.64. The Relative Strength Index (RSI) over 4 hours, 1 day, and 7 days are 69.38, 72.92, and 59.71 respectively. An RSI over 70 usually indicates that an asset may be overbought, and thus due for a price correction. However, the 7-day RSI is still below 70, suggesting that the asset is not in the overbought territory on a weekly basis. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.15, 0.022, and 0.0078 respectively. A positive MACD suggests that the asset is in a bullish phase and may continue to rise. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 0.66, 0.6545, and 0.6931 respectively. The current price is below the upper band in all three periods, suggesting that the asset is not overbought. The support levels for 4 hours, 1 day, and 7 days are $0.6294/$0.5925/$0.5808, $0.5753/$0.5442/$0.5050, and $0.5916/$0.4852/$0.4827 respectively. If the price of XRP falls, these levels could serve as the points where the price may start to rise again. The resistance levels for 4 hours, 1 day, and 7 days are $0.66/$0.6880/$0.7160, $0.6623/$0.7248/$0.7548, and $0.6956/$0.7550/$0.8150 respectively. If XRP continues to rise, these levels could serve as the points where the price may start to fall. In conclusion, the XRP seems to show a bullish trend based on its positive MACD and RSI values that are not in the overbought territory. However, it's important to monitor the RSI closely as it's approaching the overbought level in the 4-hour and 1-day periods. As always, it's crucial to consider other market factors and your risk tolerance before making investment decisions.
by MarsSignals
Ripple can continue to move up in upward channelHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some days ago started to trades in the range, where it tried at once to rise, but failed and declined to the bottom part, which coincided with the buyer zone and 0.5300 level. After this, XRP some time traded in this zone, and last time it rebounded up to the top part of the range, which coincided with the 0.5940 support level with the area. But the price at once bounced and made impulse down to 0.5300 level, after which it started to rise in an upward channel, exited from range. In the channel, the price rose to the support area, breaking the 0.5940 level, but soon made a correction below this level. Later, XRP broke the 0.5940 level again and rose to the resistance line of the channel, after which it rebounded down to the current support level. But a not long time ago price bounced from this level and continued to rise in an upward channel. So, now I think Ripple can make a small correction movement and then continue to grow to the resistance line of the channel. For this case, I set my target at the 0.6930 level, which coincided with line. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
XRP Break Out From Weekly Symmetrical TriangleXrp, the most dumped token in the history of crypto. Well, after ICP Lol. Seems breakingout from its weekly triangle after 93 weeks of accumulation. If there is any chance this will ever run back higher and ripple stop dumping on its holder, this triangle should able to targeting at least 0.8 and maximum sub $1.1. Align with XRPBTC on its weekly, seems like its finds bottom and ready to reverse. Hope Ripple not being a retard by keep dumping on the holders. #nfa #dyor
Long
by httpss
XRP: Ripple +6.5% So Far And Can Test 0.7000XRP: Ripple +6.5% So Far And Can Test 0.7000 I posted this analysis 10 days ago. At that moment the price was 0.5600 as shown in the previous analysis. The price increased by +6.5% during these days. Currently, XRP started the bullish movement following BTC and ETH movements. However, it has a strong bullish pattern on its side as well. This is increasing the chances that RIPPLE can test 0.7000 again as the pattern looks good. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Previous analysis:
Long
by KlejdiCuni
1
XRP: Keep an eye on this price level!!!If you're looking to trade XRP at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.627$ and take profits at the levels shown in the chart. Targets: 1. 0.65$ 2. 0.685$ 3. 0.75$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
6
XRP Poised for Further Spike: Could $2 be Next?XRP, the cryptocurrency token associated with Ripple, has been enjoying a remarkable rally lately, with its value increasing by over 9% in the past 24 hours alone, breaching the $0.64 threshold. This is a significant milestone for the token, as it marks the first time since December 2023 that XRP has reached this level. The token's recent surge in value is largely attributed to the Bitcoin-led crypto market frenzy, which has benefited several other cryptocurrencies as well. The rally has caught the attention of market analysts, who have released bullish forecasts for XRP, predicting that the token could reach $2 in the near future. This optimism is fueled by the token's recent performance and various technical indicators that suggest the asset's upward trajectory is set to continue. One market watcher, Dark Defender, has set his sights on the $0.6462 mark, which he believes is the next target for XRP. With this target now largely materialized, the analyst predicts that the token could reach $1 in the short term. Beyond that, enthusiasts can expect XRP to rally further to $1.88, once it regains the $1 mark. Overall, XRP's recent gains have been impressive, and the token's positive momentum is expected to continue as the alt season heats up.
Long
by DEXWireNews
XRPUSDT can ascend further!Hi. COINEX:XRPUSDT ✅Today, I want to analyze XRP for you in a Weekly time frame so that we can have a MID-term view of XRP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). XRP/USDT broke above the symmetrical triangle on weekly timeframe🔥 ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Ascending Triangle. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
4
Xrpusdt idea So the monthly candle finally closed over resistance the triangle broke to the upside . It doesn’t mean xrp will rally straight up but it will gradually . The momentum is picking up again and the sentiment is turning bullish as the case is near its end. The court approved the new schedule march 22 sec remedy related brief April 22 ripple reply , and the final sec reply brief is may 6th after that couple months for the judge to make the final ruling on the xrp sales. So the case is near its end. Also for the Automated market maker we need 2 validator votes on the xls 30D then couple weeks after that to go live. I am hoping it happens by end of month it was supposed to go live 2-14 but they found a bug , which is now fixed. The AMM will help a lot with price discovery and will give the change to make passive income keeping our money on the liquidity pool. Oh and also the recent partnership with AXelar will benefit xrp by increasing liquidity ,enhance utility , and accesebiltiy . It will allow xrp to be in a wider range of applications and services across different blockchain networks.
Long
by Todopoderoso
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