XRPUSD trade ideas
XRP's Biggest Rally Since 2018 as Futures OI Reaches All-Time HiXRP, the digital asset associated with Ripple Labs, has experienced a remarkable surge in price, reaching levels not seen since January 2018.1 This impressive rally is accompanied by a surge in trading volumes and a record high in perpetual futures open interest, signaling strong bullish sentiment among investors.2 This resurgence comes even as the U.S. Securities and Exchange Commission (SEC) continues its legal battle with Ripple, filing an appeal in their ongoing case.3 This article delves into the factors driving XRP's bullish momentum, the significance of the record futures open interest, and the potential implications for the cryptocurrency's future.
XRP's Price Surge and Market Performance
XRP's recent price action has been nothing short of spectacular. The cryptocurrency has broken through key resistance levels, achieving a seven-year high and demonstrating its strongest performance since the 2018 bull run.4 This surge has propelled XRP's market capitalization to impressive levels, even surpassing that of some traditional financial institutions.5
Several factors contribute to this impressive price appreciation. Positive developments in Ripple's legal battle with the SEC have instilled confidence in investors.6 The anticipation of clearer crypto regulations in the U.S. and the overall positive sentiment in the cryptocurrency market have also played a role.
Record Futures Open Interest: A Sign of Strong Bullish Sentiment
One of the most compelling indicators of XRP's bullish momentum is the record high in perpetual futures open interest.7 Open interest refers to the total number of outstanding derivative contracts, such as futures and options, that have not been settled.89 A rising open interest suggests that new money is flowing into the market and that traders are taking on new positions.10
In the case of XRP, the record open interest in perpetual futures indicates a strong belief among traders that the cryptocurrency's price will continue to rise.11 This metric is particularly significant because perpetual futures contracts do not have an expiration date, allowing traders to hold their positions indefinitely.12 The willingness of traders to maintain long positions in XRP perpetual futures underscores their conviction in the cryptocurrency's long-term prospects.
On-Chain Data and Trading Volumes
In addition to futures open interest, on-chain data provides further evidence of XRP's robust market activity.13 On-chain metrics, such as transaction volume, active addresses, and network growth, offer insights into the underlying health of a blockchain network.14 Positive on-chain data for XRP suggests increasing adoption and usage of the cryptocurrency.
The surge in trading volumes across various cryptocurrency exchanges further supports the narrative of strong bullish momentum. High trading volumes indicate increased liquidity and investor participation, which can contribute to price stability and further upward movement.15
XRP's Resilience Amidst SEC Appeal
XRP's impressive rally is particularly noteworthy considering the SEC's ongoing legal battle with Ripple Labs.16 The SEC's decision to appeal a court ruling in the case has introduced uncertainty into the market. However, XRP's price action suggests that investors are largely unfazed by this development.
This resilience can be attributed to several factors. The initial court ruling was seen as a partial victory for Ripple, clarifying the legal status of XRP in certain transactions.17 This clarity has provided a degree of reassurance to investors. Additionally, the cryptocurrency market has matured significantly since the SEC's initial lawsuit, with increasing regulatory clarity and adoption in various jurisdictions.18
Potential Challenges and Future Outlook
Despite the strong bullish momentum, XRP still faces potential challenges. The ongoing SEC case remains a source of uncertainty, and an unfavorable outcome could negatively impact the cryptocurrency's price.19 Regulatory developments in other jurisdictions could also introduce volatility.
However, the overall outlook for XRP appears positive. The cryptocurrency's strong fundamentals, increasing adoption, and growing institutional interest suggest that it has the potential for further growth.20 The record futures open interest and positive on-chain data indicate strong market confidence.
Conclusion
XRP's recent price surge, accompanied by record futures open interest and robust on-chain data, signals its strongest bullish momentum since January 2018.21 The cryptocurrency has demonstrated resilience in the face of ongoing legal challenges, and its market performance suggests growing investor confidence.22 While potential challenges remain, XRP's future outlook appears promising, with the potential for further growth and adoption in the evolving cryptocurrency landscape.
Ripple is printingCRYPTOCAP:XRP rose +460% from our entry level to $3.38!
#XRP The all-time high was $3.31 in January 2018
XRP/USD technical analysis from 30.01.25 (Buy HOLD!)Glad to welcome everyone, dear friends!
At the request of subscribers technical analysis of the pair pair Xrp/Usd.
With the arrival of D. Trump, a new branch of development of the cryptocurrency market has begun. Xrp also did not stay aside, and many investors look at this project positively, setting high hopes. For example, the US SEC (Securities and Exchange Commission) may eventually finalize the XRP-SEC case that has been holding back the cryptocurrency for years. Another major accomplishment for Ripple was using transmitters licensed in Texas and New York to expand its presence in the US. Also, in early 2024, Ripple acquired Standard Custody and along with the purchase they received a license to store assets in New York, so they can offer cryptocurrency storage to banks in New York as well as RLUSD.
Due to this positive news, and in conjunction with my analysis on Btc/Usd and Eth/Usd pair, I expect a breakdown of the diagonal line and the main resistance zone indicated on the chart and growth to the main target of ~$3.63 as part of wave 5 (sub-wave 3). Stop for the local minimum of ~$2.6. Happy trading everyone and don't forget about risk management!
Some more of my ideas:
BNB/USD on 01/28/25
ARB/USD from 28.01.25
LDO/USD from 01/19/25
XRP Traders - Hang Tight on Thursday and FridayThis week has proven pivotal for the USD, with significant developments on the horizon. The Federal Reserve is set to convene tomorrow (January 30, 2025) to discuss interest rates, in light of former President Trump's persistent calls for rate cuts. Simultaneously, the European Central Bank will also hold a crucial meeting. These high-stakes discussions are expected to ripple into the cryptocurrency market, potentially impacting XRP values. Remember, maintain your composure and hold your positions steady.
EUR/USD is down 1.2% from Monday's high above 1.0500
AUD/USD has dropped 1.4% so far this week
NZD/USD is down 1.2% this week, falling back below 0.5700
Crypto being cheekyXrp going for one last hurrah into new all time highs just to fake everyone, get the hype going again, getting people to buy, then wait a couple days to sink the ship. Arrows point out a very obvious liquidity grab. trade safely
XRP bullish wedge pattern update.XRP is kicking butt and taking names. After my previous post, XRP broke sharply to the downside along with the broader crypto markets, sweeping all the liquidity below the current bullish wedge pattern in which it is trading, then reversing course and quickly returning to the equilibrium zone. If you weren't bullish on XRP before that downside move, you should definitely be bullish now. A recovery of that magnitude in such a short window of time is EXTREMELY BULLISH!
I would not be surprised if we see a bullish move to the upside in short order.
Good luck, and as always, use a stop loss!
XRP UPDATE, START OF THE BIG CRASH This is the same chart I’ve posted last week.
Nothing has changed. There are signs that have been all over the crypto charts showing this coming but people only want to see positive things.
It’s all in the way you look at it. When you start looking at the markets different you’ll realize that the direction of the market doesn’t matter. Only the higher probability of that direction. Then you trade it accordingly.
Money spends the same whether you make it from a long or a short.
Be safe. Let the trade come to you.
XRP Elliott-Wave AnalysisI think XRP will remane the frontrunner in this Bullrun.
As visible in the chart, I'm expecting a small wave-4 to finish soon, with the price ready to break out of the triangle pattern. Afterward, the price could jump up quite impulsively, completing wave-5 of the larger wave-(3).
$XRP New standardXRP ( CRYPTOCAP:XRP ) is a crypto gem with immense potential, and I’m bullish for the long term. Designed for seamless cross-border payments, XRP offers unmatched speed, low costs, and scalability, making it a favorite among financial institutions. Ripple’s ongoing legal clarity with the SEC is a positive catalyst, and partnerships with major players like Santander and MoneyGram highlight its real-world utility. As global demand for efficient payment solutions grows, XRP is poised to play a pivotal role in revolutionizing the financial system. Now’s the time to accumulate CRYPTOCAP:XRP and hold for the future! 🚀 #XRP #Crypto
InverseTomPip
XRP Early update - yearly timeframeupdated overview on the yearly timeframe bullish case in technical language
RIPPLE - Sell Idea (Long-term)The big picture (Weekly chart) technical situation on the XRP suggests that the upside momentum that was driving price action over the past 3 weeks is getting fatigued and may be coming to an end. The failure to breakout above the massive key-level resistance of $3.0790 is becoming evident and is also an indication that a serious downside reversal is in the pipeline. Launching a new bearish campaign, targeting both $2.7320 and $2.3430 respectively.
XRP | CrashJust a lil early warning sign on XRP 3D - Weekly price action as momentum Isn't looking too strong and we could see price dips back towards $2.
Note:
Long period is still bullish.
Xrp BUY XRPUSD LONG Did You TAKE IT? SEEKINGPIPS Gave It On A PThis mornings trigger was very easy a clear did you get involved?
🟢Trading should be just like that
"if X then this if Y then that"
🟢Keep it SIMPLE thats how you make trading easier.
✅️ BOOST, LIKE & FOLLOW SeekingPips NOW
BAT pattern /XRPUSD 10 MINSAfter the MAIN trendline is identified, there are intermediate trendlines that line the path to success. I plotted the "bat" pattern for potential profit within a wedge.
COINBASE:XRPUSD
#XRP still validCurrently, CRYPTOCAP:XRP has found some resistance in the form of a bullish wedge after a nice run.
Although I still assume that my target is still valid as a first target, it is also possible that we continue directly from here to our higher 2nd target.
In both cases, I believe we will see a lot more bullish movement with $XRP.
For now, I will keep an eye on what will happen within my first target box in the coming hours/days before I determine what the 2nd target will definitively be.
Be kind to the world and each other!
Doge and XRP: Parallel Structures, Similar Momentum Take a look at this comparison between Dogecoin (left) and XRP (right). Both charts reveal strikingly similar market structures, signaling bullish momentum on the horizon. Here’s why this is exciting:
1️⃣ Doge’s Path to a New High
Doge has formed a strong foundation and is approaching a key breakout zone. With its current structure, it's poised to challenge previous highs and potentially crack into uncharted territory. The momentum is building, and the structure shows all the right signs of continuation.
2️⃣ XRP Breaking Through Barriers
XRP, on the other hand, has already broken a significant level (previous highs) and is solidifying its position for the next leg up. This kind of structure often leads to a strong continuation, especially when paired with broader market trends.
3️⃣ Why Structure Matters
The similarities between these two assets highlight the importance of understanding market structure. It’s not just about trendlines; it’s about identifying key levels, observing how price reacts, and anticipating the next move based on solid data.
🚀 The Bigger Picture
Both Doge and XRP are showcasing bullish strength on higher timeframes. As these assets continue to climb, they’re reinforcing the idea that patience and understanding structure are key to navigating the market.
🔥 Conclusion
If you’re watching these assets closely, this is your reminder that the market moves in cycles. Understanding structure and staying updated with key levels can make all the difference. Will Doge and XRP both achieve their next highs? The charts suggest it’s only a matter of time.
XRP EXPLOSION XRPUSD SeekingPips Magic! Perfect Time & Price !!!
Did you take your fill?
If not why not?
🟢SeekingPips will give you the heads up but you have to chuck your own net in with you own risk management.
👍SeekingPips is not a signal service BUT when the PICKING IS RIGHT I always like to share 😉
🌍SUBSCRIPTION NOW TO SeekingPips FOR THE NEXT SUPER CHART🌎
