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XRPUSDT trade ideas

XRP is growing the bullish momentumXRP is growing the bullish momentum Technical Analysis: For nearly one month the price was accumulating inside this large "Triangle Pattern" The price already broke out from the pattern thus showing that the bullish momentum is rising further. Looking at the bigger picture today, BTC and ETH were supported by strong bullish volumes. These moves are supporting also the entire crypto market. The first resistance is found near 0.6300 or target zone, 0.6750 is a stronger zone and the final one is 0.7100. Let's see if the market will rise again like before. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
XRP: Keep an eye on this level!It's time to keep a close watch on XRP, which is gearing up for a big move! If you're looking to trade XPR at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.641$ and take profits at the levels shown in the chart. Targets: 1. 0.655$ 2. 0.675$ 3. 0.69$ ------------------------------------------- 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!
Long
by MBM_Crypto
XRP Money Matrix 33THIS IS NOT FINANCIAL ADVICE 😑 If we zoom way out on the three month time frame, we can see so much more details. I like to find long term price support, and resistance to find future channels of price discovery. I started on trading five years ago, but this will be my third crypto bull run. I have gained, and lost a lot of Money. Most of all, i have learned a bit more each year. Its not easy controlling your own emotions. The sleepless nights 😴 are stillna thing for me. Its funny to think about, because Insleep so peaceful during the Bear market cycles Anyway, Ripple is launching a stable coin. Wow.... Stellar did this year's ago. Oh well, Ripple has timed this announcement at a golden time. Someone please tell.David to f n turn off the AMM Bots that are continuously dumping on retail. Flip the switch!!!
Long
by MrMoneyMatrix
HelenP. I Ripple can continue to move up to $0.6000 levelHi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in the resistance zone, which coincided with the 0.6185 resistance level, after which XRP rebounded from this zone and rose to the trend line. Then price turned around from this line and in a short time declined back to the resistance zone and even lower, breaking the 0.6185 level, but soon rose back. Price some time more traded near the resistance zone and later made impulse down to the support level, which coincided with the support zone, thereby breaking the resistance level with the trend line. Next, Ripple turned around from the 0.5725 level and tried to rise more, but when it reached the trend line, the price declined lower support level to the support zone. After this movement, XRP a not long time ago made impulse up from this area, thereby breaking the support level with the trend line one more time. As well, the price reached a resistance level, but in a short time declined to the support level and now it tried to rise again. For my mind, Ripple will make correction to the support level again and then rebound up. That's why I set my target at the 0.6000 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
1
Ripple Labs' Set to Launch a Stablecoin Pegged to the US DollarRipple Labs Inc., an American blockchain payments firm, has recently announced its intention to launch a stablecoin that could potentially compete with Tether ( CRYPTOCAP:USDT ) and other similar stablecoin assets in the market. The firm aims to offer transparency in its reserves, which will be pegged on a 1:1 ratio with the United States Dollar and will be composed of multiple assets, including US dollar deposits, short-term US government treasuries, and other cash equivalents. To ensure transparency, Ripple Labs ( CRYPTOCAP:XRP ) has stated that it will conduct a thorough audit by a third party and will publish monthly attestations right from the launch. The firm will also adopt a compliance-first strategy, leveraging the BitLicense it received from New York, as well as other related licenses from Singapore and Ireland, as a starting point for its regulation-first approach. According to Brad Garlinghouse, Ripple CEO, this move is a natural step for the company to bridge the gap between traditional finance and crypto, and institutions entering this space are finding success by partnering with compliant, crypto-native players. The proposed stablecoin will further relieve the strain on CRYPTOCAP:XRP , Ripple's associated digital currency used as a payment token to power its On-Demand Liquidity (ODL) service for years. Furthermore, Ripple Labs Stablecoin will be hosted on the XRP Ledger (XRPL) at launch, and the firm plans to expand this reach to other protocols overtime to push its decentralization agenda. Ripple believes that its alternative stablecoin has the enterprise links to gain a significant market share from Tether and USD Coin, which currently dominate the stablecoin market. The introduction of a new stablecoin could imply relative competition within the Ripple ecosystem, potentially impacting CRYPTOCAP:XRP demand and price in the long term. However, Ripple's business confidence could increase, and investors may bet more on the coin, positively influencing XRP's price outlook. CRYPTOCAP:XRP has already shown bullish growth of 2.33% in 24 hours, marking the first sustained bullish trend for the week. Overall, Ripple Labs' plans to launch a stablecoin asset offer a new dimension to the stablecoin market, and its promise of transparency, compliance, and multichain compatibility could further solidify its position in the crypto space.
Long
by DEXWireNews