XRP/USDT Monthly Chart: History Repeating Itself?Hey traders! Let’s dive into this monthly XRP/USDT chart. I’ll be honest — I’m skeptical about this outcome, but let’s break it down because it could actually happen!
The chart screams déjà vu, with XRP’s price action mirroring the 2014-2018 period. Back then, XRP broke out from its 2014 ATH in 2
Key facts today
XRP is trading above $2.120, having found support at $2.080. It has surpassed the 100-hour Simple Moving Average and broken a key bearish trend line near $2.1450.
In early May, XRP (XRPUSD) saw a rise in transaction volume, indicating real-world adoption of the XRP Ledger, potentially enhancing its role in blockchain payments.
Coinbase released over 10,000 documents revealing SEC discussions from 2021 on XRP's security classification, highlighting potential market impacts if Ripple leaves the ecosystem.
Key stats
About XRP
One of the old timers of the cryptoverse, Ripple was founded in 2012 as a digital payment network for businesses and institutions. Kinda like crypto’s SWIFT, if you like. And its native token XRP earns brownie points for being one of the most environmentally friendly and cheap-to-transfer cryptos — which is good considering that’s its main use case. However, since 2020, Ripple has been caught up with the SEC due to selling XRP as an allegedly unregistered security, which has been a thorn in its side for a while.
Xrp - Prepare for at least a +50% move!Xrp - CRYPTO:XRPUSD - will head much higher:
(click chart above to see the in depth analysis👆🏻)
Xrp has perfectly been respecting market structure lately and despite the significant volatility, the overall crypto market remains bullish. Especially Xrp is about to perform a bullish break and re
XRPUSD Possible Scenarios
Refer to the support and resistance level drawn on the chart;
there are 3 possible scenarios that might occur.
1. If the price breaks the resistance, it may continue the uptrend.
2. If the price is still within the support and resistance level, it may continue sideways.
3. If the price breaks the
XRP Bull Flag Hints at Potential BreakoutXRP is currently showing a weekly bull flag pattern, a technical consolidation phase that often precedes a significant upward price movement.
This formation suggests strong underlying bullish momentum, and a breakout from this pattern could propel XRP to new yearly highs.
Earlier in the year, in
XRP- Final months before the big moveHello,friends ! You're lucky you bumped into this chart,for real ! Save it,subscribe and follow it closely for updates. This will be my first and only chart ever posted.
I'm using XRP/USD (Binance chart) just for illustration purposes and bigger history,there's obviously only USDT pair on binance an
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
XRP (XRP) reached its highest price on Feb 16, 2018 — it amounted to 501.102 USD. Find more insights on the XRP price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
XRP (XRP) reached the lowest price of 0.538 USD on Mar 29, 2018. View more XRP dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying XRP is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade XRP right from TradingView charts — just choose a broker and connect to your account.
You can discuss XRP (XRP) with other users in our public chats, Minds or in the comments to Ideas.