HelenP. I Ripple will continue to decline to support levelHi folks today I'm prepared for you Ripple analytics. If we look at the chart we can see how the price a not long time ago rose to the trend line and then made a strong impulse down to the 0.5000 support level, thereby breaking the resistance level, which coincided with the resistance area. But at once Ripple rebounded and in a short time rose back to resistance zone and even rose higher and reached the trend line. Then the price rebounded from the trend line and started to decline to the support level, and some time later, it broke the 0.5790 resistance level one more time and finally fell to the 0.5000 level. After this, XRP a few time traded near the support level and later bounced from the support level and started to rise to the trend line. When the price reaches this line, it two times rose higher this line, but at the moment, Ripple trades below the trend line and I expect that the price will make little movement up and then continue to decline to the support level. For this case, I set my target at the 0.5150 level, which coincided with near the support level. If you like my analytics you may support me with your like/comment ❤️
I-XRP
Ripple Partners With Egypt’s CIB For Cross-Border PaymentsRipple has now expedited its global expansion spree by strengthening its presence in Egypt by collaborating with the CIB.
Ripple, a leading blockchain solutions provider, has recently initiated a collaboration with Egypt’s Commercial International Bank (CIB). It is a pivotal milestone for the company as it expanded its foothold in the Egyptian market. This comes after Ripple announced that it’ll enhance its U.S. presence, indicating significant efforts by the organization to expedite global expansion.
Ripple Partners With Egypt’s CIB
According to the latest Egypt Fintech 2024 report by Shehata & Partners Law Firm, CIB is poised to revolutionize cross-border payments via the partnership with Ripple. However, the bank aims to leverage the opportunity to improve efficiency in remittance services globally.
This marks a significant shift, as CIB becomes the first major Egyptian bank, beyond the National Bank of Egypt (NBE), to publicly announce its partnership with Ripple. Moreover, it is expected to be a great opportunity for the company to utilize CRYPTOCAP:XRP for cross-border payments. While NBE had previously teamed up with LuLu Exchange, CIB’s foray underscores a broader adoption trend within Egypt’s financial sector.
While details regarding the extent of CIB’s integration of Ripple’s technology remain undisclosed, industry observers anticipate a transformative impact on the efficiency and cost-effectiveness of cross-border transactions. As Egypt embraces blockchain innovation, CIB’s partnership with Ripple sets the stage for a new era of seamless international remittances, paving the way for increased XRP adoption.
Egypt’s Blockchain Evolution
Egypt’s blockchain landscape continues to flourish with groundbreaking initiatives. Innovations such as an NFT Art Generator empower users to create unique digital collectibles, while TOURISTOKEN revolutionizes tourism payments and rewards. This dynamic ecosystem reflects Egypt’s commitment to blockchain’s potential.
XRP showing a beautiful cup & handle pattern on 4hr/Daily chart.XRP is showing a very nice cup & handle pattern on the 4hr, and hourly chart. I think we could see a very powerful breakout in the coming weeks. If so, this could trigger a short-squeeze that literally blows people's minds, as a large percentage of XRP is being held short right now.
There's also a nice bullish divergence in on the hourly chart that I'll show in the comments below.
Always trade with confidence, never trade with fear, and always use a stop!
THIS TIME IS DIFFERENT! KINDAI got a little experimental with the Bitcoin chart after seeing such a strong correlation on cycle one of Litecoin and this cycle. (I did an analysis on this exact this for Litecoin Ill past the chart below). Bitcoin and Litecoin cycles are playing out almost exactly the same as their previous cycles.
As you can see in the chart Bitcoin from the time it came out to when it topped in its first cycle on December Friday the 13th 2013. I took and compared the first wave of cycle one and compared it to the first wave of this current cycle 2 and sound that the time it took this cycle was 5.5 times greater than previous. Measuring that distance to the top of wave three brings bitcoin to July of this year for a wave three top on this much larger degree of trend before a correction. Wave 5 should complete in 2025 around December.
I know I know Bitgolder you're absolutely insane that could never happen. Well you're wrong and chances are it will happen. Do you know how much money in just derivatives there are? As of writing its almost 1 Quadrillion dollars, THATS JUST DERIVATIVES. Thats not including 75% of the rest of the assets in the world. So Bitcoin soaking up 25% of the world per say isn't that unreasonable considering the rich are now finding it as a safe haven for their wealth preservation. Theres always an out for the rich when everything is about to collapse and this time its Bitcoin and maybe gold silver and farmland. After 2025 and around there the world may look totally different. There will be some major financial issues around the world and the entire planet will be in a major global depression. Countries Governments may actually attempt to seize Bitcoin from the population because of how valuable it is. Dollar terms will be irrelevant. Things may even be priced in Bitcoin. Watch Europe. When their bond crisis begins then USA is maybe 6 months a year behind.
With bitcoin reaching the price I predict of around $40 million each in 2025 that would give bitcoin a market cap of 966 Trillon which would be a 1000x from where we are now. I think this scenario is likely if the world decides Bitcoin will be the store of value to weather out the coming depression and potential world war, cause what better time to have a world war than during a depression.
To come up with these price targets, I measured the percentage gain on each wave on Cycle 1 and measured it against the current Cycle two and its about 10x the move percentage wise.
Everyone keeps saying diminishing returns blah blah. No one can predict how Bitcoin will act. This is the first asset in our history that has had a fixed numerical supply. Supply and demand can change in a heartbeat and price can and will go straight up. Its also the most pain that can be inflicted because everyone and their brother is bearish right now calling for big drops, and so many still waiting on the sidelines for the 30k dip thats never going to happen cause they sold at 40 listening to idiotic you tubers that echo each other in their circle jerk.
Not financial advice this is just my opinion.
XRP/USDT 1DInterval ReviewI invite you to review the chart of XRP versus USDT, in a one-day time horizon. It is worth starting here by identifying a very strong upward trend line that the price is currently based on. Additionally, we can locally determine a downward trend line, which, combined with the uptrend line, creates a triangle in which the price is approaching the exit direction.
Moving forward, we can move on to marking support areas as the correction begins to deepen. Here you can see how the strong support zone from $0.53 to $0.42 has held the price. If the price falls below this zone, we could see the price return to recent lows of $0.29.
Looking the other way, we will again expand the Fib Retracement screen, thanks to which we see very strong resistance at the level of $0.94. However, here we will lay out the grid also taking into account the recent downward move, which shows how the price must first overcome the resistance at $0.62 and then the second resistance around $0.74 before moving towards the third resistance.
It is worth taking a look at EMA Cross 50 and 200, because it signals a dangerous situation, you can see how the yellow EMA Cross 50 line crossed the blue EMA Cross 200 line, which indicates a return to the downward trend.
Looking at the RSI indicator, we can see a strong exit from the downward trend. However, the STOCH indicator shows a rebound from the upper limit, which reflects a slight price drop.
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.
XRP Chopping Up: XRPBTC Breakout OVERDUE📉Hi Traders, Investors and Speculators of Charts📈
XRP is notorious for pumping and dumping, but even after the wallet "hack" of Chris Larsen, the price is still making higher lows.
From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC chart is still in prison. However, if we consider this chart, it is more likely that XRP will GAIN ground n BTC soon, instead of weakening more against BTC:
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BINANCE:XRPUSDT BINANCE:XRPBTC
XRP has formed a Bullish FlagXRP has formed a Bullish Flag. In the near future the price can break above the resistance.
🔵Entry Zone 0.5678 - 0.5351
🔴SL 0.5103
🟢TP1 0.6400
🟢TP2 0.6800
🟢TP3 0.8000
🟢TP4 0.8800
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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
XRPUSD: Bullish Gartley Recovering Support LevelXRP is currently taking back a Daily Support Zone after rebounding from the PCZ of a Bullish Gartley. Though the setup looks nice, it should be noted that the entry here is a bit late overall in relation to the PCZ so in trying to catch this late move it will be best to use a tighter stop in hopes that the upwards moves accelerates above the Support Zone but if it doesn't, XRP may come back down to the PCZ of the Gartley and in such a case we'd want to stop out early so that we may reposition lower.
Ideally XRP will make a move towards the 0.786-0.886 from here but it is very possible that we see Fibonacci Extensions such as the 1.618 which would take XRP up to $1.26 per coin.
XRP WILL PUMP WITHIN 2 WEEKS!!Looks like a massive pump will come withing the next 2 weeks here. The descending trendline price compression is slowly coming to an end.
I EXPECT HIGHER PRICES IN THE LONG-TERM STILL BULLISH!
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XRP: Chris Larsen Wallet Hack... or STAGED Dump?📉Hi Traders, Investors and Speculators of Charts📈
Yesterday, news came out that a huge XRP wallet has been hacked, stealing $112 million worth of XRP. According to information currently available, the hack was as a result of compromised security keys. It turned out to be the wallet of none other than tech-giant Chris Larsen, Ripple Co-founder. (suspicious already?🤔 let's dive in...)
One of many strange incidents surrounding this hack is that it was discovered by a Twitter user and popular blockchain security expert ZachXBT. I imagined that one would notice if your personal accounting holding 9 digits of XRP worth $112 million got hacked, but apparently not. It took ZachXBT a public Twitter post to make the apparently unaware team at Ripple take action. This makes you wonder, if ZachXBT didn't pick it up... would this have gone unnoticed and been swept under the rug, or would Chris Larsen have come out and admitted it? I guess we'll never know. But with Ripple's dodgy actions in the past (ultimately leading to the SEC case), one can only guess.
Not too long ago, Jed McCaleb finally sold off the last of his enormous amount of XRP which he had been dumping monthly for years. One Twitter user voiced a very valid concern; "are all Ripple execs holding 9 digits of xrp, is there something in place to prevent them from dumping all at once on the market?"
It just seems like despite the markets best bullish trends, the constant overwhelming selling pressure is just too high for XRP to reach new highs. It's sad to see such a industry leader and once-promising project fall to new lows.
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CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P
Ripple can decline to 0.5315 points, breaking support levelHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price some time ago broke the 0.5180 support level, which coincided with the buyer zone and declined below. Then the price turned around and started to rise in an upward channel, where XRP soon broke the 0.5180 level broke it again and rose to the resistance line of the channel. After this, the price bounced down from this line and declined to the buyer zone, where it exited from the channel and entered to upward pennant, in which Ripple turned around and then it rebounded from the support line and made a strong upward impulse to resistance line, thereby breaking 0.5500 level, which coincided with resistance area. But a not long time ago price rebounded from this line and declined to 0.5500 current support level, and at the moment price trades very close to this level in the resistance area. So, in my mind, Ripple can exit from the pennant, break the support level, and continue to decline. For this reason, I set my target at the 0.5315 level. Please share this idea with your friends and click Boost 🚀
#XRP Completing the 4th correction waveRange trading range... Above the range trading range, because there is heavy resistance, one or more powerful candles are needed for the path.
However, there is a correction in wave 4 that can break wave 5 of the resistance zone.
The range of 55 cents should be considered invalidity of the analysis.
ELON Dogelon Mars Move Incoming 20xDogelon Mars looks like once it breaks the downtrend and finds support its going straight up. Probably following Doge while its doing the same thing. I dont think this will go any higher than a 20x and thats being generous. At 20x your're looking at almost 2 Billion market cap. Im thinking Dogelon does a 10x at least with a likely 12-15x and 20x if Doge has a massive blowoff. This is just my opinion not financial advice.
XRPUSDT.1DBased on the market data provided, the XRP cryptocurrency is currently trading at $0.560 against Tether (USDT). The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.83, 67.19, and 51.20 respectively. The higher values of RSI (especially the 4-hour RSI) suggest that the cryptocurrency is currently being overbought, which might indicate a potential downward correction in the near future.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.011, 0.0080, and -0.0014 respectively. The positive MACD values in the shorter time frames (4 hours and 1 day) suggest a bullish trend, but the negative MACD value in the 7-day time frame may hint at a longer-term bearish trend.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.57, 0.57, and 0.68 respectively. The BB values suggest that the cryptocurrency is currently trading near the upper band, which might indicate a potential price drop.
The support levels for 4 hours, 1 day, and 7 days are $0.54, $0.52, and $0.57 respectively, while the resistance levels are $0.59, $0.62, and $0.62. The proximity of the current price to the support levels suggests that a downward price movement might encounter some resistance, which could potentially slow down or halt the price drop.
Based on the technical analysis, it seems that XRP might be heading for a short-term price correction due to its overbought condition. However, the positive MACD values in the shorter time frames suggest that the bullish trend might continue if the cryptocurrency can maintain its momentum. Please note that this is just a technical analysis and does not take into account other factors like market news or sentiment, which can also have a significant impact on the price.
🔥 XRP Has Some Huge Upside: Follow The Trend!XRP has been gradually trading upwards since the massive crash in June 2022. Even though the trend is slow, it's still bullish over the long-term.
As seen on the chart, we've yet again bounced from the bottom diagonal area of support. With BTC trading at 52k, we have to consider the idea that the bull-market is about to start and that XRP can see some great gains over the next months.
RIPPLE - Price can bounce from support area and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it declined to $0.5400 level, which coincided with support area.
Then price broke this level, exited from channel, and entered to flat, where Ripple declined until to $0.4970 level.
Price rose to $0.5400 level, but soon it turned around and fell back to $0.4970 level, which coincided with one more support area.
After this movement, XRP turned around and in a short time rose to $0.5400 level and broke it, thereby exiting from flat.
Also recently, price rose higher than support area and now I think that Ripple can correct to support level.
Next, XRP will bounce from support level and continue to move up to $0.5750 level.
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XRP 2 year annual trend continuation The upward trajectory observed on the yearly chart suggests that XRP is poised to maintain its two-year trend in the foreseeable future, with a support level potentially around $0.50.
Furthermore, the current oversold condition and signs of market exhaustion on the yearly scale, combined with XRP's 100% deflationary nature, strongly indicate the likelihood of XRP reaching new monthly peaks in the near future.
XRP's rally today isn't the real breakout, but it's coming soon!Bitcoin bounce hard today taking out the 50K psychological barrier. Many alt-coins followed as well. Some like XRP rallied a little bit, but not too much. Why? Because, the money inflows right now are mainly focused on Bitcoin, and a few altcoins, but when the Bitcoin rally runs enough, cash will flow into cheaper alternatives.
XRP is showing a bearish divergence on the hourly chart, which most likely is indicating that the price action will fall back to, or near the lower trend line on the chart above. This same pattern played out not to long ago, and will likely repeat, as the people that missed today's rally will be looking for an entry point if/when it pulls back, and the additional money inflows will cause each following run to gain momentum until it ultimately breaks through the upper trend line, pulls back, bounces off it, then runs for a nice gain.
This is just my opinion, and in trading there are no guarantees or absolutes!
Good luck, and always use a stop. #NeverFOMO
HelenP. I Ripple can correct below support level and rebound upHi folks today I'm prepared for you Ripple analytics. A not long time ago price declined to the trend line, which coincided with the support line of the upward channel, thereby breaking support 2. After this, Ripple in a short time rose higher than this level and later rose to the resistance line of the channel. Then price made a correction to support 2, which coincided with the support zone, some time traded near and then rebounded and continued to move up. Soon, Ripple reached support 1, which coincided with the resistance zone, but the price at once rebounded and little declined. Then the price turned around and broke support 1, but soon fell back, after which turned around and finally broke support 1. After this, the price rose to the resistance line of the channel, but a not long time ago it rebounded and fell to the resistance zone, where XRP continued to trades very close to the support level. For my mind, Ripple will make a correction lower than support 1, after which it turns around and starts to move up to the resistance line of the channel. That's why I set my target at the 0.5385 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
XRPUSD: Thoughts and Analysis Today's focus: XRPUSD
Pattern – Descending
Support – .4960
Resistance – .5337
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRPUSD on the daily chart.
We have reviewed levels and possible price patterns, focusing on current support and resistance levels. Will we see buyers push forward from the current mini breakout, or is this a bear trap that will break lower once Bitcoin prop-up fades?
Good trading.