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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP update from Crypto Sanders. Chart Analysis, Ripple, was another notable mover on Monday, falling by over 4% in today’s session. After reaching a high of 0.5218 on Sunday, XRP/USD plunged to a bottom at 0.4975 earlier in the day This resulted in the world’s fifth-largest cryptocurrency moving to its weakest point since September 18. Monday’s move occurred as the RSI retreated towards a support level at the 43.00 mark for the first time in three weeks. the index is now at a reading of 43.60, with ripple trading at 0.5014, following a three-day losing streak. In the event that the RSI falls under 43.00, XRP will likely edge below 0.5000 in the upcoming days. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
XRP's Market WaltzAs the October leafs flutter in the crypto theatre, XRP pirouettes on the stage of uncertainty on October 5, 2023, with its price elegantly poised at $0.529669. Despite a recent encumbering bearish sentiment, the curtains are yet to draw on XRP's performance as a soft whisper of bullish momentum echoes through the market halls. Just days before, on October 3, a mild stumble of 3.01% against the US Dollar had slightly dimmed the spotlight on XRP. Yet, as the choreography unfolds, a medium-term price encore at $0.5675 is being choreographed by the market maestros for October, with a long-term crescendo targeted at $0.9300 come January 2024. The script hints at a captivating act with a predicted price surge of about 32% over a week to touch $0.66, following a meaningful breach of a Fibonacci ballet step. This projection twirls in harmony with the general market optimism for a grand XRP rally in October. The technical tableau paints a scene of mixed sentiment. The resistance and support levels stand as the pivotal stages for XRP's next act. A triumphant leap above the resistance of $0.66 could herald a bullish ensemble, propelling XRP towards the medium-term crescendo of $0.5675 and beyond. Yet, a falter could send XRP spiraling down to retest the lower support zones, a scene the market audience watches with bated breath. Amidst the backdrop of an October scheduled buyback and the simmering notes of the SEC case, the $0.66 resistance level emerges as a critical battleground, setting the stage for XRP's short-term price ballet. The choreography of XRP amidst the mixed market sentiment resonates through the crypto auditorium, embodying the volatile yet hopeful narrative of XRP as it endeavors to regain its bullish tempo in this financial choreography. Key Price Levels: - Resistance Level 1: $0.66 - Resistance Level 2: $0.5675 (medium-term target for October)
by MonoCoinSignal
44
Ripple is likely to continue a downward trendXRP broke below its uptrend line in August and found support after hitting the $0.50 range (green box) and returned to this trend line, which has now become a resistance. Ripple crypto failed to break this trend line in three encounters and was rejected from the price range of $0.54 (red box). This price range has been one of the main price resistances in the last one to two years and now it has become one with our dynamic trend. After price rejection from this range, Ripple is expected to complete a downtrend to the green box. Of course, the main bearish target of Ripple can be considered around the price of $0.42 (green dashed line), but we need to see how the price will be around the green box to make a more confident opinion about the $0.42 target.
Short
by ahmadinjast
🔥 XRP'S WILD WEEK 🔥🔥 Before I start I just wanted to apologize, know it's been a few days and all since the last post, just been busy with work and some life things but that being said I'm happy to be back of course, even if it's just for a quick idea! 🔥 Got some pretty good feedback with my last short idea so we'll keep this idea short and simple too. To start off we've got the SEC decision with SEC losing it's motion to appeal Ripple's decision which only helped to boost XRP's argument and in turn caused the sudden rise up in XRP's price as displayed up above. 🔥 Not too shocking to see XRP's reversal after the sudden impulse wave up, we already know as I pointed out in my last idea how after these big jumps up we'll usually have some retracement or reverse trends pretty quick after with a lot of people taking profits or selling for other reasons of course. What I'm looking towards now is whether or not XRP sticks above 0.516. 051 has managed to keep pretty solid with XRP seeming to have much less selling pressure than before indicating that a lot more people are 'sticking along for the ride' so to say. 🔥 Main thing is that volume is still doing pretty well for XRP being that traders are still actively trading XRP through the exchanges showing there's demand and so far looks like we aren't doing to bad with what's been a slow retracement aside from losing the 200 EMA a few times but that's reasonable given the nature of the initial jump up. 🔥 I did add what seems to be a diagonal resistance line that's been acting as resistance and preventing us from posting/claiming higher digits. I expect it to act as a catalyst more than likely on the local for a breakout or act as a resistance as long as we remain below it. All I'm watching for right now but regardless it's nice to see that the SEC lost it's motion to appeal, that's a big win in my books either way. 🔥 Market's still wary understandably, especially with 30 year mortgage rates hitting 7.88% which is crazy considering we haven't seen numbers like this since 2000. I mean can you believe that, it's been nearly 23 since we last saw these rates, crazy to consider everything that's going on with the US alone adding over half of Bitcoin's market cap to it's national debt this week. beincrypto.com 🔥 Not mentioning those things to incite any fearmongering but rather the reminder that we're going through a lot right now collectively but at one point or another things will have to subside and the market will have to do it's thing. A lot of things are changing and with a Bitcoin ETF on the horizon in the next few months and people becoming a lot more knowledgeable about crypto and becoming tech savvy things are changing, may not be quick but each and every day we grow and get closer to a future in which crypto will come to play a role in our lives. 🔥 That's enough for today, I have a lot more things to to so I'm leaving the idea there for now, but I appreciate you guys tuning in of course, means a lot as always and wishing nothing but the best till next, feel free to leave any likes or follows as usual, simply helps me out, thanks. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
XRP/USDT bullish scenario what next?👀 🚀 XRP today analysis 💎 Paradisers, it’s time to dive into an exciting opportunity with XRPUSDT! We are observing that, after a rejection from strong resistance, it’s regaining bullish momentum. 💎 Upon closer inspection, Ripple is adhering to a trend line as support and maintaining an upward trajectory. It’s highly probable that it will turn bullish after rejecting at 0.5140, or it could be from the bullish OB level or previous low at 0.5072. 💎 Another facet to ponder is, if it breaks the previous low, then a downtrend continuation is likely, and we are optimistic that the price can retest the strong support level once again. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long
by MyCryptoParadise_Simon
2
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders. Chart Analysis:- XRP was another big mover on Wednesday, as the price attempted to break out of a key resistance level. After Tuesday’s low at 0.5075, XRP/USD rallied to an intraday high of 0.5449 during today’s session. As a result of this surge, the world’s fifth-largest cryptocurrency briefly rose past a ceiling at 0.5400. Earlier gains have since edged lower, which comes as the RSI fell below a ceiling at the 62.00 mark. The index has since dropped further, and is now tracking at 56.57, and seems to be heading towards a floor of 51.00. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Above 0.47, the upward trend is expected to continueHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPUSDT chart) If the price remains above 0.47, it is expected to continue its upward trend. (1W chart) If it rises above the 0.5136-0.5719 range, a full-fledged upward trend is expected to begin. However, it is important whether the price can be maintained by rising above the 0.4226-0.6369 range. I think an increase can be expected depending on how the price breaks above the previous box range of 0.65-1.7050. Accordingly, it is expected that whether support or resistance is received in the 0.9470-1.2455 range will emerge as an important issue. (1D chart) I think the 0.4917-0.7425 section is the mid-boundary section between the bottom section and the high point. It is supported in the 0.4799-0.5086 range and shows an upward trend. Accordingly, it is necessary to check whether it can rise above 0.5690. If that happens, we need to see if we can break upward through the next box range, the 0.6808-0.7799 range. If it receives support in the 0.7425-0.7799 range, it is expected that a full-fledged upward trend will begin. If it falls below 0.4917 and shows resistance, it is expected that the low will be renewed, so a countermeasure is needed. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
XRP - Failure as a CryptoCurrency ? Deep Thoughts 💭Hi Traders, Investors and Speculators of Charts📈📉 For those who have been following me here for a while, you'll know that I've always been a notorious fan of XRP. I used to be a true "believer", #xrparmy and the whole deal. Followed all the XRP pimps (such as BlockchainBacker ) on Twitter back when Twitter was still blue... but recently, I'm starting to develop some serious doubts about the fundamentals of this altcoin. And I'm going to level with you here. These are just my thoughts, and you are still entitled to your own opinions infact we encourage it. As a trader; I can't help but notice the unusual price action on XRP compared to other coins. Did you know that XRP is one of VERY FEW altcoins / cryptos that has been unable to reclaim it's ATH for years after? Even with the benefit of being one of the first titans in crypto. Other coins have long surpassed their ATH's. But XRP made one high, and never again. This speaks of weakness in terms of value. And that can no longer be ignored. The unfortunate truth about XRP is that the trading volume is low, and buyers are not keen to buy XRP due to it's ever increasing unpopularity. This directly creates weak support zones and strong resistance zones, as there is little confidence in the coin and bag holders are all waiting for the first best opportunity to sell. Short term traders would rather take losses than hold indefinitely. XRP has become more and more unpopular over the course of time because of it's "Pump and Dump" price action. The SEC case and the whole controversy about the Taco stand (founders holding millions and dumping on the market) also didn't help. Don't misunderstand. I will still trade XRP. The big difference in my approach, is the matter of accumulating. I've been accumulating XRP since about forever. And I have decided I will no longer accumulate. Instead, as soon as the price reaches higher than what I bought for, I will be looking to sell my bags. Considering this argument and the fact that I'm probably not alone in this approach, you can see from a trading perspective how dire this outlook is for support and resistance zones. This is a real pity and hits close to my heart. It's hard to let go of an ideology you've held and defended for years. I really believed in the promise of a coin for institutions, cross border settlements etc. But unfortunately, as a trader, it makes no sense to hold a coin for years, no matter what great promises were made by the creators of Ripple. The truth is, if I bought as much DOGE as I did XRP, my portfolio would have been up x100 compared to now. This is sad, considering that DOGE and many others, like PEPE, are meme coins and hold no real fundamental value. The fact that meme coins do better than a coin " created for banking and large institutions " is a shock. And here's where you have to ask yourself... was it really? 💭So, what's the trading plan from here for XRPUSDT ? If you must trade it... Buy low, sell high. I'll keep making updates on SHORT and NEAR TERM targets. But LONG term targets are too hard to speculate. Focus on technical indicators and trendlines alone to get price targets. No more fundamental-analysis "value" targets. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD
by CryptoCheck-
64
Buying Ripple HereTraders, I was stopped out of three trades today but all of them had nice little profits. I'll take that going long in a bear market. Let's continue our win streak. I've added XRP as a long play to at least that 100-day ma. The red level just above that at 58.5 cents is likely where I'd take 100% off of the table. SL is 49.2 cents for an r/r of up to 4.6. Technicals here show a break of the neckline on a small inverse H&S pattern with a target at the 100-day. The retest of the neckline is now complete. So, we are good to go here IMO. Not fin advice. DYOR. Best, Stew
Long
by stewdamus