XRP. USDTFinally the dump happened.
But Ripple showed that it has a weaker foundation even than memecoins and shetcoins.
XRPUSDT.3L trade ideas
XRP / Bounced off the mirror levelAn ascending trend has emerged, confirmed by the upward movement above the bos level.
At the bottom, there is a mirror level on the daily 1D timeframe, next to which there is a local 0.55 Fibonacci level, creating conditions for further upward price movement to liquidate liquidity beyond the previous high (ph) / Fibonacci 1.382.
At the moment, I expect liquidity to be withdrawn beyond the Fibonacci 0.382 level and a reversal towards the target.
According to Elliott waves, the completion of the 5th wave - Fibonacci 1.618 coincides with the planned target.
RIPPLE - Price can leave triangle and decline to $0.5900 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from support level, which coincided with support area and made impulse up to $0.6055 points.
But at once price declined to support line, after which XRP made strong upward impulse to $0.6310 level.
Then price entered to resistance area, where it some time traded and then fell to support line, after which XRP bounced back.
Soon, price reached resistance line of triangle, and then price turned around and made strong downward impulse to support line.
Also, Ripple broke resistance level and later it rose to this level, but recently price bounced down.
In my mind, Ripple can bounce from support line to resistance level and then fall to $0.5900, exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Xrp Automated Market Maker So the AMM will go live March 22 it’s official . Some of the benefits are :
1. Liquidity provision: AMMs can enhance liquidity by allowing users to trade assets without needing a centralized order book. This can lead to tighter spreads and better price efficiency for users.
2. Decentralization: AMMs are typically decentralized platforms, users can trade assets in a decentralized manner without relying on intermediaries.
3. Continuous trading: AMMs provide continuous liquidity, enabling users to trade assets at any time without waiting for counterparties to place orders. This can improve the overall trading experience and accessibility for users.
4. Lower fees: AMMs can offer lower trading fees compared to traditional centralized exchanges.
5. Permissionless access: AMMs on the XRPL can provide permissionless access to trading various assets, allowing users to participate in trading activities without needing approval or restrictions from centralized entities.
6. Innovation and flexibility: can foster innovation in decentralized finance (DeFi) applications and smart contracts. Developers can leverage the AMM infrastructure to create new financial products and services on the XRPL.
7. Market efficiency: AMMs help improve market efficiency by automatically adjusting prices based on supply and demand dynamics. This can lead to fairer prices for assets and reduce the impact of large trades on the market.
8. Interoperability: By integrating an AMM on the XRPL, users can benefit from interoperability with other blockchain networks and liquidity pools. This can enhance the overall ecosystem and provide more opportunities for cross-chain asset trading.
Overall, deploying an automated market maker on the XRPL can enhance liquidity, decentralization, trading efficiency, and innovation within the ecosystem, offering a range of benefits for users and developers alike. Now getting to the technical charts I suspect that the crypto market will correct soon . I could be wrong tho but in case it does 0.50 cents would a great buy opportunity.
XRP Road Map🗺️!!! situation+next targets.Hi.
COINEX:XRPUSDT
✅ Today, I want to analyze XRP for you in a 12H time frame so that we can have a Short-term view of XRP regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
As you can see, XRP was in the falling wedge, the price was able to break the wedge, now the price is in the PRZ zone, which has the potential to grow.
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
Stay awesome my friends.
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✅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!!
XRP Whales Hordes 74 Mil Coins: A Prelude to an Impending Rally?Recently, CRYPTOCAP:XRP , the Ripple-backed token, made waves as it witnessed a significant accumulation of 73.81 million coins from the renowned exchange, Binance.
The news rippled through the crypto community, sparking a flurry of speculation and optimism about the future trajectory of $XRP. At a time when the market is rife with uncertainty, such pronounced movements from whales serve as beacons of hope, hinting at potential bullish momentum on the horizon.
According to data from Whale Alert, four substantial transactions saw CRYPTOCAP:XRP being accumulated from Binance, amounting to a staggering $45.87 million worth of the digital asset. These transactions, orchestrated by anonymous wallets, underscore a growing confidence in CRYPTOCAP:XRP 's long-term prospects, despite the current red trading charts.
The sheer scale of these accumulations has ignited curiosity and anticipation among traders and investors worldwide. It's a testament to the resilience and underlying value perceived within the CRYPTOCAP:XRP ecosystem, even in the face of short-term price fluctuations.
However, the contrasting price action of CRYPTOCAP:XRP amidst these accumulations raises intriguing questions about market dynamics. While the CRYPTOCAP:XRP experienced a modest drop of 0.46% over the past 24 hours, bullish sentiment continues to permeate derivative markets. Data from Coinglass indicates a surge in open interest and trading volume, accompanied by a rise in the token's funding rate. These indicators suggest a growing influx of capital and heightened market activity, laying the groundwork for a potential breakout.
In the midst of this fervor, voices within the crypto community are amplifying the optimism surrounding XRP's future trajectory. Pro-XRP advocate Bill Morgan boldly predicts a new all-time high for the token in 2024, adding fuel to the bullish narrative. Meanwhile, analysts such as Egrag Crypto and Dark Defender maintain their bullish outlook, underscoring XRP's potential to surge towards the coveted $1 mark.
The accumulation of CRYPTOCAP:XRP by whales from Binance serves as a tangible expression of confidence in the asset's fundamentals and long-term viability. It's a signal to the broader market that significant players are betting on CRYPTOCAP:XRP 's resurgence, despite the prevailing market conditions.
As the crypto market continues to evolve and mature, events like these remind us of the intricate interplay between investor sentiment, market dynamics, and fundamental value. While short-term price movements may fluctuate, the underlying fundamentals of projects like CRYPTOCAP:XRP remain robust, offering a beacon of hope for those who dare to dream of a brighter future in the world of digital assets.
XRPUSDT - range projection Measures the possible price projection for XRP x0 . The large whale of over 1 billion in volume makes a good case that someone with smarts knows that this asset has a bright future. the platform where the exchange was made couldn't fill quick enough. Generally a whale or even a mini whale will be expecting to double their investment to take money off the table and that usually happens at the last resistance, so if the last solid resistance was a $ 3:00 you can expect a buy price of around $ 1:50...... anything lower than that is a bonus to stay on top of any possible draw down.
Cryptolean Ripple XRP Update Although, from technical perspective, XRP is in a bullish territory in the daily chart, it is also in the consolidation zone. Thus, it lacks the momentum.
XRP has to move to above $0.65-$0.675 for bulls to take control of the daily chart and push price to the previous local high at $0.93.
A daily candle closure above $0.675 will push XRP price towards $0.73 and, possibly, higher.
An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54.
The XRPUSDT 4-Hour chart is teasing the key intraday support of $0.62.
A reversal from its current price location is likely and a bullish rejection of $0.62 will push RippleXRP to the key intraday resistance zone of $0.68-$0.71.
A bearish dip to $0.595 or, even better, to $0.57 and a bullish rejection could offer a long trade towards $0.68-$0.71 and higher.
XRP will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole Crypto market and XRP won't be an exception.
Like once read!
XRP Bull Run?Ripple Is Not Dead,On XRP/BTC pair BTC Has Reached ATH 70K,But XRP Did Not,So In This BTC
Pullback,Look For ALTCOINS That Has Potential
XRPUSDTXRPUSDT , from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
XRP All Time High Breakout Now It sounds like you've conducted a thorough analysis of the XRP weekly chart and identified a potential ascending setup, which could indeed present a compelling opportunity for traders. Here's a breakdown of your analysis:
XRP Bullish As we seen consolidation for Xrp and very negative settlement towards court case and other legal issues, we have been on a downward trend for quite some time now. The peak high to to peak and prior we have been sideways, although this is indeed great news for breakout traders who are patiently waiting for a major burst in price on Xrp. The ATH of Xrp would only be wave 1?? So we have much more to go despite btc spot etf and btc halving.
$1.50 per xrp.
Trading XRP with Key LevelsBased on the calculation of key levels in a 4 HR Time Frame using the average closing price of the past 6 candles, the confluence zone was identified between the prevailing or actual 50% (4HR) and the Lower 50% level. I would place a BUY order at this level and hoping that XRP will reach the 70% level. But if there is no enough volume, price may likely establish a secondary support at the 30% level. I would place a GRID order starting at Lower 50% level.
/please DYOR/trade at your own risk
XRP: Keep an eye on this level!If you're currently looking to trade XRP, here's a quick setup that you might find helpful!
The idea is to buy when the price breaks above 0.675$ and take profits at the levels shown in the chart.
Targets:
1. 0.71$
2. 0.77$
3. 0.84$
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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!
HelenP. I Ripple can break resistance level and rise to $0.6665Hi folks today I'm prepared for you Ripple analytics. Some time ago price rose to the support level, which coincided with the support zone, and in a short time broke it, after which it made retest. Then the price rebounded from this level and tried to rise, but soon Ripple turned around and made an impulse down to the trend line. Soon, XRP turned around and continued to rise to the 0.6380 resistance level, which coincided with the resistance zone and even entered to this zone. Later XRP fell below this zone, but soon it in a short time backed up and even rose to 0.6685 points, after which the price turned around and made a strong impulse down to the trend line, thereby breaking the 0.6380 level again. As well soon, XRP broke the trend line and declined lower support zone with a 0.5600 level, after which it turned around and soon rose higher 0.5600 level. Then price rose to the resistance level, but recently it rebounded and now trades close to this level. For my mind, Ripple will reach this level again, break it, and make retest, after which the price can continue to move up to the trend line. For this case, I set my target at the 0.6665 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
SWING TRADEBINANCE:XRPUSDT
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XRP LONGAfter using fibonacci retracement and looking at the bullish pozitions in cryptos it's possible for xrp to reach the price on my chart in short term. Trend lines and fibonacci retracements are actually efficient.
XRP probably heading back to 0.53 againWe just broke the correction uptrend channel, with all these BTC hypes, it can't even pass a nonimportant resistance, I'm opening another short trade with a target of 0.53 and stop loss at 0.64.
The idea is invalidated if we pass major yearly resistance around 0.65
Ripple's Rise: Opportunities and Risks
The digital currency known as Ripple, currently trading just above the $0.50 mark per token, has garnered significant attention in the cryptocurrency space. Despite its momentary peak above $1 in 2021, its historical high remains a swift surge to $3.84 witnessed three years earlier.
As the functional token of the RippleNet international-payments network, Ripple's value has typically lingered below the one-dollar threshold. This prompts Ripple investors to speculate: Can we anticipate a gradual price increase in the coming years, or is a surge to $5 within reach in the near future?
While optimism surrounds Ripple and its token holders, expecting substantial price surges in 2024 may be unrealistic, and setting a $1 target for the next few years seems ambitious. The true potential for wealth accumulation lies in the long term, as RippleNet expands its global presence and garners wider adoption.
However, this optimism is tempered by several challenges that could impede Ripple's growth trajectory:
Legal Battles: Ripple's ongoing lawsuit with the Securities and Exchange Commission (SEC) poses a significant legal hurdle, with the outcome potentially unfavorable for Ripple. Regulatory hurdles from authorities in various markets could further complicate matters.
Centralized Architecture: Ripple's centralized structure, with Ripple Labs as the driving force behind the blockchain network, presents risks. Decentralized systems, embraced by major cryptocurrencies like Ethereum and Bitcoin, offer advantages such as enhanced security and community-driven governance, which Ripple lacks.
Competition: Other cryptocurrencies may outperform RippleNet in transaction efficiency, security, or innovative features, posing a threat to its market share.
Despite these challenges, several factors could drive long-term growth in Ripple's value:
Legal Developments: A favorable resolution to Ripple's SEC lawsuit could alleviate regulatory uncertainties and boost investor confidence.
RippleNet Expansion: RippleNet's extensive reach, spanning over 70 markets globally, positions XRP as a preferred liquidity provider in international transactions, potentially driving up demand and value.
CBDC Partnerships: Ripple's involvement in central bank digital currency (CBDC) initiatives worldwide could open up new avenues for growth, with partnerships already underway in countries like Palau and Bhutan.
While the road to a $1 valuation may be lengthy, Ripple's proactive approach to financial innovation and its expanding ecosystem suggest long-term potential. However, investors should remain vigilant, considering both the opportunities and risks associated with Ripple's journey. A cautious investment strategy will ensure a steady navigation through the evolving landscape of Ripple and the broader cryptocurrency market.
Our Idea:
