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XRPUSD trade ideas

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 $2.05 for XRP is speculative, it is supported by factors such as the growing adoption of blockchain technology, Ripple's expanding partnerships, legal developments, and overall market sentiment. However, investors should exercise caution and conduct thorough research, as the cryptocurrency market is highly unpredictable.
BITSTAMP:XRPUSDLong
by drkemalturker
1
Ripple Stronger- Ok Ripple is back. - Maybe the SEC will one day give up trying to perma-suppress XRP market to protect the big banks. Little facts : -------------------------------------------------------------------------------------------------------------- - XRP lost -96% from his 2018 ATH and bottomed hard around 0.12$. - XRP lost only -86% from his 2021 last ATH to find a bottom around 0.28$. - During those 2 years of bear market, XRP stayed most of the time very strong and resilient. - Nothing was tremendous ( as it should be ), XRP just climbed with steady regularity. - XRP stayed in the TOP5 of the Total Market. - That's much better ! -------------------------------------------------------------------------------------------------------------- - So what we can expect for the next bull run ( if we don't have again a FUD at the bad time ) - We have to keep in mind that XRP have 100B Supplies. - XRP price could grow at a maximum of 7$ at the end of the next rally. - That would be around +2400% from the 2022 last bottom. - His MarketCap could grow around 700B$ ( same as actual BTC MarketCap) -------------------------------------------------------------------------------------------------------------- Happy Tr4Ding!
KRAKEN:XRPUSDLong
by thecryer
2
Ripple flush then reclaim range EQ - Game OnXRP has been ranging, like it or not, for the past few months. Blue range high and low signify the parameters price has respected and I do not expect this to change. What I would expect, is a potential flush into the deman zone (green) preceeding a push up to the mid-range with a reclaim and push to the range high. This is contingent on the fact the altcoin market, as a whole, remains steady and relatively strong ie: no BTC/ETH cap events. Ripple loves flushing the lows before pumping, so this is a cautious play I am watching. The more optimistic scenario is we don't flush into green and simply continue this trend up the the range eq and highs. Time will tell, price current making a decision on the local S/R in red. Stay frosty. Vatsik
CRYPTO:XRPUSDLong
by cryptovatsik
177 days of Xrp predictions ending.We can finally see the end of my Xrp predictions coming to a close in 32 days! This was all drawn up on September 29th 2023 & now we can see the outcome of Xrp's entire price over this time. It's been one heck of a long time and how accurate do you guys think I've been? This is my 2nd one for Xrp. The last one was 99 days. So this one is my best effort and longest yet! Don't say you didn't make any money because I did! We're in the last 32 days and then I'm expecting the bullrun to begin playing out after one last final dip in price. Don't miss it. It may be the last opportunity to buy Xrp at these golden low prices under a dollar!
BITSTAMP:XRPUSD
by Immortalsouls
10
Whipsaw Above Trendline Resistance for XRP/USD? With the recent upside in most major crypto pairings, it seems only fitting to look over Ripple’s technical price action against the US dollar (XRP/USD). Following a pullback from lows of $0.4856 in early February (off support at $0.4946), buyers and sellers have been squaring off at the underside of trendline resistance (extended from the high of $0.7488) since 15 February. While this trendline has attracted selling, it has not been anything to write home about. Key Resistance Above Trendline Resistance Consequently, in conjunction with knowledge that the pairing has been in a downtrend since late 2023, and a resistance zone at $0.5999-$0.5846 resides just above the trendline resistance (also houses a Fibonacci cluster around $0.5903), a whipsaw (some may also refer to this as a stop run) through the trendline resistance is a potential scenario to be aware of. Most traders will know that the bearish response from the trendline resistance on 15 February has prompted traders to locate protective stop-loss orders (buy stops) north of the trendline resistance. How far north is difficult to estimate, yet given we are working with the daily timeframe, a stop area would likely sit within the limits of the resistance zone mentioned above at $0.5999-$0.5846. Stop Run? So, the idea here is that although a reaction has been seen at the trendline resistance, sellers failed to hold price beyond $0.5400. As such, as exhibited on the chart, a whipsaw through trendline resistance into the walls of the resistance area could come together and may deliver sufficient technical juice to encourage selling into the buy-stop liquidity above the trendline resistance.
BITSTAMP:XRPUSDShort
by FPMarkets
Will XRP army finally see some sunshine?After experiencing an initial surge of around 50% alongside the broader crypto market back in November of last year, the price action of BITSTAMP:XRPUSD has been rather disappointing for the XRP Hodl army, characterized by a consistent pattern of lower highs. However, recently, following a new test of the 0.5 zone, the cryptocurrency has shown signs of life and begun to ascend. Currently, the price is flirting with a descending trend line, and although a clear upside break hasn't occurred yet, the likelihood of it happening is considerable. Should such a breakout occur, after enduring long-term frustration, the price could accelerate upward, with 0.75 serving as a potential target for those who aren't entertaining fantastical scenarios such as XRP reaching $10 USD or beyond.
BITSTAMP:XRPUSDLong
by Mihai_Iacob
1
Chop, 15min chartScalp long, then short then long, then short then to mars We’re not done chopping yet, this coin is building some support above $0.50. However judging by past movements we could, (will probably still see) the spike down along with BTC before takeoff. Right now we are just scalping but we’re getting down to the limit where you’ll wish you invested more in XRP over the years as we will most likely never see $0.50 again. I imagine a push up to the purple line before some resistance. And pull back to $0.53 area or a bit lower. (Even $0.28 isn’t out of the question) After that a strong push to $0.80 then possible a massive sell off like back on NOV, 3rd or 16th in 2017 After the sell off a tap to an absolute low (DEC, 6th, 2017) then the sky is the limit. All of this is not FA but keep in mind we could still not have the retracement and push up to $0.80 and beyond this is just my thinking. Good luck and have fun with it
BINANCE:XRPUSDLong
by Ncard137