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XRPUSDT trade ideas

XRPUSDT 4HTF1. Overall Trend: The chart shows that XRP/USDT experienced a sharp rally in November, followed by a consolidation phase within a descending channel from December through early 2025. 2. Support and Resistance Levels: Key Support Levels: 1.8564 USDT: A strong support level. 1.9790 USDT: Another support level closer to the current price. Key Resistance Levels: 2.5121 USDT: The nearest resistance level. 2.9121 USDT: A higher resistance level if the price breaks above the channel. 4.4601 USDT: A more ambitious resistance level, signaling a significant bullish move if reached. 3. Descending Channel: The price is confined within a downward-sloping channel, visible in the chart. A breakout above the upper boundary of this channel (around 2.43-2.50 USDT) could indicate a bullish reversal. 4. 501.13% Projection: The chart highlights a 501.13% increase, likely measuring a previous rally. This projection might serve as a reference for potential upside if the price gains bullish momentum again. 5. Current Price: The current price is 2.4063 USDT, slightly below the resistance level of 2.4303 USDT. Breaking above this resistance could pave the way for a test of 2.5121 USDT. 6. Potential Scenarios: Bullish Scenario: If the price breaks above the descending channel, particularly above 2.5121 USDT, it could trigger a rally toward 2.9121 USDT or even higher. Bearish Scenario: If the price fails to break the channel and remains inside, it might decline to test support levels at 1.9790 USDT or 1.8564 USDT. 7. Recommendations (if trading): Short-term traders: Monitor the resistance levels at 2.43 and 2.51 and the upper boundary of the channel for potential breakouts. Long-term investors: Wait for a confirmed breakout above significant resistance levels to validate a bullish trend.
by absiko
XRP shortXRP has been consolidating above a long term channel for some weeks now, however the value remains over valued and we still anticipate XRP's return into the channel price range. As of right now, XRP is at the upper limit of the consolidation range, which provides us with a short entry where we can place a minimal loss stop. As you can see, we have numerous lower highs and lower lows forming. This price action has also given us a clear descending trend line of resistance, at which price is currently testing. While we do believe we will see XRP return within the long term channel price range, with price eventually falling well below the $1.9 mark, for now, we would advise taking profits, or some profits once we get a retest on the $2 level. The set up above gives us a 1:3.64 Risk to Reward, and a 14.89% profit
Short
by Who-Is-Caerus
What recent legal updates make Ripple more secure for investors?Hello and greetings to all the crypto enthusiasts, ✌ Reading this educational material will require approximately 10 minutes of your time. For your convenience, I have summarized the key points in 10 concise lines at the end . I trust this information will prove to be insightful and valuable in enhancing your understanding of Ripple and its role in the global financial landscape. Key Questions and Concepts: Personal Insights and Technical Analysis of Ripple. What is Ripple, fundamentally? On which platform does Ripple operate? What is the underlying structure of Ripple? How does Ripple differ from other dominant cryptocurrencies around the world?** XRP Token Supply and Distribution. The Ripple vs. SEC Legal Battle. Ripple’s Key Products. The Evolution of Ripple’s Team. Personal Insights and Technical Analysis of Ripple: Ripple represents a pioneering approach to interbank communication and the future of global financial transactions. With its immense potential, I have been an advocate of Ripple for several years, following its progress with keen interest. From a technical perspective, I anticipate Ripple's price to reach initial targets of $3, $5, and even $10, with the possibility of much higher valuations in the long term. Unpacking Ripple’s Nature: When people hear Ripple, their first thought is often cryptocurrency. Many users mistakenly view Ripple purely as a cryptocurrency, but in fact, Ripple is primarily a digital payment network. This distinction is crucial because Ripple's mission extends far beyond simply being a digital currency. While Bitcoin primarily serves as a store of value and digital money, Ripple's main objective is global money transfer. The cryptocurrency XRP, commonly referred to as Ripple, functions as the currency within this payment ecosystem, primarily used to pay for transaction fees. Ripple operates on the XRP Ledger (XRPL), an open-source, decentralized blockchain designed to facilitate secure and efficient transactions via Ripple’s protocol, known as RTXP. Although Ripple’s network is often viewed as a separate branch of blockchain technology, it is technically a form of distributed ledger technology (DLT). Ripple employs a distinctive consensus mechanism called the Ripple Protocol Consensus Algorithm (RPCA), which utilizes a Federated Byzantine Agreement (FBA) protocol. This consensus model differs significantly from the one used by Bitcoin and other blockchain-based cryptocurrencies, enabling faster transactions and lower fees compared to traditional banking systems. Ripple’s Consensus Mechanism: Ripple’s RPCA is designed to validate transactions quickly and securely. A network of independent nodes within the Ripple network collectively reaches consensus on the validity of transactions. This ensures that Ripple’s primary goal of increasing transaction settlement speed and reducing costs is achieved, positioning it as a viable alternative to conventional banking systems. XRP Token Supply and Distribution: Ripple’s native cryptocurrency, XRP, plays a key role in facilitating transactions within the Ripple network. The total supply of XRP is capped at 100 billion tokens, all of which were pre-mined prior to the project's official launch in June 2012. The distribution of XRP is structured as follows: - 20 billion XRP were allocated to the founding team and early stakeholders. - 55 billion XRP were placed in an escrow account, with a monthly release of 1 billion XRP tokens, as per the pre-established plan. - The remaining XRP tokens were sold to early investors during the initial coin offering (ICO). The Ripple vs. SEC Legal Battle: The Ripple vs. U.S. Securities and Exchange Commission (SEC) case, initiated in late 2020, became one of the most high-profile legal disputes in the history of the cryptocurrency industry. The SEC argued that XRP should be classified as an unregistered security, alleging that Ripple Labs had raised over $1.3 billion through the sale of XRP tokens. Ripple Labs vehemently rejected the SEC’s claims, asserting that XRP serves as a utility token and has multiple use cases beyond a security. In June 2023, a judge ruled that although the direct sale of XRP to institutional investors constituted the sale of unregistered securities, Ripple’s use of the “blind bid” sale method (where the buyer's identity remains anonymous) resulted in a partial legal victory for Ripple. This ruling marked a significant moment in the case, although legal challenges continued. By October 2023, the SEC expanded its lawsuit to include claims that Ripple executives Garlinghouse and Larsen had violated securities laws. However, the prolonged legal battle culminated in a significant ruling in August 2024 , when Ripple was fined $125.023 million—far less than the $1.9 billion fine the SEC had originally sought. The most important aspect of the ruling was that XRP itself was not deemed a security. Ripple’s Key Products: Ripple currently offers three main products targeted at banks and financial institutions, collectively referred to as RippleNet. These products are: 1. xCurrent 2. xRapid 3. xVia Each product is designed to address different challenges in the financial sector, but it is important to note that XRP plays a central role only within the xRapid platform. xCurrent and xVia do not necessarily require the use of XRP for their operation. xCurrent: xCurrent is a platform that enables real-time, cross-border payments between financial institutions. It operates on a distributed ledger called Interledger, which was developed by Ripple's engineers. However, unlike Ripple’s proprietary XRP Ledger, the Interledger protocol is governed by the World Wide Web Consortium (W3C), a global non-profit organization that establishes web standards. The primary purpose of xCurrent is to facilitate instantaneous and secure currency exchanges between banks, not limited to digital currencies. xCurrent allows for seamless international payments by ensuring liquidity across various currencies. For example, a bank in the United States can send US dollars via xCurrent, and the recipient bank in Europe will receive the equivalent amount in euros. Most of Ripple’s partner institutions primarily use xCurrent, and it is important to note that XRP is not a mandatory component of this platform. xRapid: xRapid addresses the issue of liquidity in cross-border transactions by directly using XRP. This product allows financial institutions to convert fiat currencies into XRP for transfer and then convert it back into the local currency at the destination bank. By doing so, xRapid eliminates the need for intermediary banks or liquidity providers, streamlining the process and reducing costs. For instance, if a company in the United States needs to pay for goods from a supplier in the United Kingdom, the payment will proceed as follows: the sending company’s bank converts USD into XRP, which is transferred via the Ripple network and then converted into GBP (British pounds) for the receiving bank. This process significantly reduces reliance on traditional correspondent banks and enables faster, more cost-effective international payments. One challenge for xRapid is the liquidity of XRP. To fully realize the platform’s potential, XRP must be widely available on global exchanges and achieve substantial trading volume. xVia: xVia is an interface designed to facilitate the use of both xCurrent and xRapid. It provides a streamlined means of communication between Ripple’s products, allowing businesses to easily integrate Ripple’s solutions into their payment systems. Launched in 2018, xVia is currently in the testing phase and represents Ripple’s ongoing efforts to create more efficient and accessible financial products for global institutions. The Evolution of Ripple’s Team: Ripple’s journey began in 2004, when Ryan Fugger founded RipplePay, a peer-to-peer payment system aimed at enabling global money transfers. Although RipplePay showed early promise, it struggled to achieve widespread adoption, with fewer than 10,000 users by 2011. In 2011, Jed McCaleb, a prominent figure in the Bitcoin community, joined the Ripple team. McCaleb convinced Fugger to hand over control of the company to him and his team. This marked the beginning of a significant transformation for Ripple. Chris Larsen’s Involvement and Ripple’s Rebranding: In 2012, McCaleb hired Chris Larsen, an established entrepreneur in the tech space, to help lead Ripple’s development. Larsen became a key figure in Ripple’s success, and together with McCaleb, they rebranded the company as Opencoin. This marked the first of three name changes for the company, culminating in the eventual adoption of the name **Ripple Labs**. In October 2012, Jesse Powell, the founder of a major cryptocurrency exchange, invested $200,000 in Ripple. This investment, along with support from early investors like Roger Ver (the creator of Bitcoin Cash), played a crucial role in Ripple’s growth. Jed McCaleb’s Departure and the Launch of Stellar: In 2014, internal disagreements led to Jed McCaleb’s departure from Ripple. He had become increasingly disillusioned with the direction the company was taking, which he felt deviated from his original vision. Shortly thereafter, McCaleb co-founded Stellar, another blockchain project aimed at addressing financial inclusion and cross-border payments. 🧨 Our team's main opinion is: 🧨 Ripple is a groundbreaking digital payment network, not just a cryptocurrency. Its main goal is to facilitate global money transfers, with XRP serving as the utility token for transaction fees. Ripple operates on the XRP Ledger, using a unique consensus mechanism (RPCA) for fast, low-cost transactions. The total XRP supply is capped at 100 billion, with a significant portion held in escrow. Ripple has faced legal battles, especially with the SEC, but key rulings, including in 2024, concluded that XRP itself isn’t a security. Ripple offers three main products: xCurrent (cross-border payments), xRapid (liquidity via XRP), and xVia (integration tool). Ripple’s roots trace back to 2004, with a major turning point in 2012 when Chris Larsen and Jed McCaleb rebranded the company. McCaleb later left in 2014 to co-found Stellar, a similar project. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Education
by MadWhale
4
Bearish Rectangle (1H)Hi there, I am posting my updated analysis on CRYPTOCAP:XRP , I believe that we're currently trading within a Bearish Rectangle on the 1H timeframe. The fact we're hovering closer to the lower side of the rectangle would suggest a possible breakdown which would result in the price falling down towards the following levels; $2.16, $2.08, $1.96 - $2.16 is within the pennant which would make it a more likely objective. - $2.08 is just below the pennant, I believe we could wick down to this. - $1.96 is seeming less likely as we progress through the pennant > These are places where I'll be looking to open long positions. BINANCE:BTCUSDT has created the neckline for the very large H&S on 12H-1D timeframes, it rejected at first but could it do another retest? If it does breakdown then it'll drag the rest of market with it. This is something we must watch for in coming hours/days. If BTC was to breakdown we'd be looking at $75,000-$80,000 target, where would that leave XRP? I'm not too sure but it's been holding well so far. Does anyone have input on this analysis or feedback, it would be greatly appreciated. I'm relatively new to trading and TA but I'm figuring it out slowly. Thank you! =)
Short
by mithianmee
1
XRP boiling hot for one more leg upXRP has been in a steady consolidation phase, demonstrating strong support and resilience. From an Elliott Wave perspective, the current price action suggests the formation of a corrective triangle within the 4th wave, a pattern often indicative of a continuation trend. This consolidation builds the foundation for a potential breakout, leading to the 5th wave upward movement. Given the prolonged consolidation period, the 5th wave is anticipated to exhibit significant bullish momentum. A logical target for this move could be the $5 mark, contingent on the breakout confirming the pattern and aligning with broader market sentiment.
Long
by Last_Adopter
XRPUSDT Trade-Numbers (83% Potential —415% with 5X Lev.)Good morning my dear friend/follower and Happy New Year. I am wishing you a great 2025. I know that's the way it is going to be thanks to Crypto (Bitcoin, the Altcoins market and XRP). Here is a nice chart setup; good risk/reward ratio. We have higher lows since 9-Dec. As long as the 9-Dec. low remains intact, the bullish bias/potential remains intact. This is not a sure win chart setup, this is trade-setup. Low risk vs a nice potential for reward. If the action moves below the mentioned support, which is normal and can happen, this would produce a ~10% loss —unless you hold. If the action remains above until the resumption of the bullish wave, that's a win. This a short-term chart setup. Short-term for us means within 30 days. This is only a projection because the market tends to do whatever it wants. Without further ado... Full trade-numbers below: ___ XRPUSDT (PP: 82%) ENTRY: $2.0333 - $2.1950 TP1: $2.2521 TP2: $2.4332 TP3: $2.5621 TP4: $2.7263 TP5: $2.9074 TP6: $3.2004 TP7: $3.4935 TP8: $3.7022 TP9: $3.9677 STOP: Close weekly below $1.9300 ___ Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
2
A Short-Term Dip to $2 on the Horizon?Hello, dear friends! 🫶Let's take a look at the latest analysis of XRP. Based on the current chart patterns, it seems we might see a short-term price drop to the $2 level before the next potential move unfolds. Looking at the chart, we can observe that XRP is currently facing resistance at higher levels, with selling pressure keeping the price from breaking out. The structure suggests a potential retracement towards the $2 support zone, which aligns with historical price action and key Fibonacci levels. This correction could provide a fresh opportunity for those waiting to re-enter the market or add to their positions. However, it’s crucial to watch how the price reacts around the $2 mark, as a strong bounce could signal the start of a new upward move. As always, patience is key in trading. If the price does dip to $2, it could serve as a foundation for the next bullish leg. Stay cautious, manage your risk, and keep an eye on the updates! Thanks for Your support, and let me know Your thoughts in the comments! Sincerely yours, Kateryna🩷
Short
by RocketBomb
3