Ripple
RIPPLE - Price can little correct and then continue to growHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some days ago price entered to falling channel, where it broke $0.6580 level, which coincided with resistance area.
After this, price fell to support line of channel, but at once bounced and reached resistance line of falling channel.
Next, XRP bounced down to support level, which coincided with support area, exiting from channel and entering to flat.
In flat, price reached $0.6580 level again, but then bounced and in a short time declined to $0.5715 support level.
Recently, Ripple bounced from this level and started to grow, and now I think that XRP can make correction.
Then Ripple can turn around and continue to move up to $0.6580 resistance level in flat.
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HelenP. I Ripple will continue to decline to $0.5715 levelHi folks today I'm prepared for you Ripple analytics. Some days ago price rebounded from the resistance zone, which coincided with the resistance level and made impulse down to the support level, breaking the 0.6435 level. After this, XRP rebounded from the support level and tried to rise, but when it rose almsot to the resistance level it made a correction. Then Ripple made a strong impulse up to the trend line, breaking the 0.6435 level again, but soon it turned around and started to decline in a triangle, where firstly price fell to the resistance zone and later broke the 0.6435 level one more time. Then price declined to the support zone, after which it turned around and rose to the resistance zone, but soon XRP exited from this zone, making a fake breakout and in a short time declined to the 0.5715 level. After this movement, the price made impulse up to the resistance level again, thereby exiting from the triangle and breaking the trend line, but recently XRP rebounded from the 0.6435 level and started to fall. Just now, I expect that Ripple will rise a little more and then continue to fall to the support level. For this case, I set my target at 0.5715 level. If you like my analytics you may support me with your like/comment ❤️
Ripple can continue to move up inside upward channelHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price not long time ago price declined to the seller zone, which coincided with the 0.6585 resistance level and soon broke this level, after which XRP started to trades in the range. Then price in a short time fell to the buyer zone, which coincided with the bottom part of the range and soon made impulse up to the seller zone, after which turned around and started to decline. Price declined to the 0.5880 level, and broke it, thereby exiting from range and even fell below the buyer zone, after which Ripple turned around and started to rise in an upward channel. In the channel, the price soon broke the 0.5880 support level one more time and later reached the resistance line, but then made a correction movement. After this movement, XRP rebounded and continued to move up in the channel, so, at the moment I think that Ripple can make a correction move to the support line and then rebound up to the resistance line of the upward channel. For this case, I set my target at the 0.6350 level. Please share this idea with your friends and click Boost 🚀
XRP's Wave 2 is nearly complete. A BIG MOVE IS COMING!XRP is getting close to completing the 2nd Wave of the 5 Wave move to the upside after breaking out of the Cup & Handle formation that I identified in my earlier posts these past few months. It looks like we could see a turn around, and the start of the 3rd Wave around, or shortly after the eclipse.
Good luck, and always use a stop-loss!
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 ❤️
XRP: buy in low renge📊Analysis by AhmadArz:
🔍Entry: 0.5878
🛑Stop Loss: 0.5668
🎯Take Profit: 0.6025-0.6247
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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.
XRP Faces Turbulence: Traders Suffer Losses Amid SEC Lawsuit
The CRYPTOCAP:XRP market is grappling with turbulence as traders count their losses amidst mounting uncertainty surrounding the Securities and Exchange Commission's (SEC) lawsuit against Ripple ( CRYPTOCAP:XRP ). With the price plummeting to a two-week low of $0.56, investors are bracing for further volatility ahead of the next key deadline in the legal battle on April 22. As Ripple prepares to present its response to the SEC's remedies-related brief, the fate of XRP hangs in the balance, prompting traders to reassess their positions in anticipation of the impending developments.
The Ripple Effect:
The recent downturn in XRP's value has sent shockwaves through the market, with traders collectively suffering losses amounting to $25.67 million since Tuesday. This stark decline underscores the prevailing uncertainty surrounding the outcome of the SEC lawsuit and its implications for Ripple and the broader cryptocurrency landscape. As traders grapple with mounting losses, the Network Realized Profit/Loss chart on Santiment reveals a sign of capitulation, further exacerbating market sentiment and fueling speculation about XRP's future trajectory.
Navigating Uncertain Waters:
Against the backdrop of legal turmoil, CRYPTOCAP:XRP holders are closely monitoring the upcoming deadline in the Ripple lawsuit, particularly Ripple's expected opposition to the SEC's remedies-related brief on April 22. The outcome of this legal skirmish is poised to shape the narrative surrounding CRYPTOCAP:XRP and determine its near-term price action.
Technical Outlook
CRYPTOCAP:XRP holders are closely monitoring the next key deadline in the Ripple lawsuit, particularly regarding Ripple's expected opposition to the SEC's remedies-related brief on April 22. Technically XRP's price may potentially experience a liquidity sweep at $0.56 before beginning its recovery.
CRYPTOCAP:XRP has been able to sustain itself above the two key support levels for almost a month. If CRYPTOCAP:XRP price collects liquidity at the $0.5673 support, the altcoin is likely to bounce back and fill the Fair Value Gap formed between $0.6030 and $0.6103 and another one between the $0.6185 and $0.6204 levels.
RIPPLE - Price can break support level and continue to declineHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose to support level, but at once bounced and fell to support line of channel.
After this, price turned around and made upward impulse to resistance level, thereby breaking $0.5665 support level.
Next, XRP corrected and then repeated upward impulse to $0.7440 points, breaking $0.6630 level and exiting from channel.
Soon, price turned around and in a short time declined to support level in triangle, breaking resistance level again.
A not long time ago Ripple bounced up and started to rise and now I think that XRP can fall to support level back.
Also then, Ripple will break this level, make retest, and continue to fall to $0.5200
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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CryptoCheck
XRP//USDT bullish continuation from support? 🚀XRP Analysis💎 Paradisers, take note of #XRPUSDT as it unveils an intriguing pattern. Our focus lies on key resistance levels, which could potentially pave the way for a bullish continuation from the critical support at $0.5710. We remain vigilant, awaiting the opportune moment to execute our strategy.
💎 In the event that $RIPPLE loses momentum at the support level, we envision a bullish scenario: a rebound from the lower support at $0.5426. This level boasts substantial liquidity, evident from previous robust upward movements and significant green candles.
💎 However, should the price dip below this secondary support, it may signal a shift toward bearish territory, accompanied by increased selling pressure. As we closely monitor the #XRPCOMMUNITY market behavior, staying alert and adaptable is crucial.
XRP Cup & Handle forming bull-flag pattern with Fibonacci. If you've followed my charts, then you've certainly seen the cup & handle pattern that I identified many months ago in XRP. Although the breakout wasn't as spectacular as many of us had hoped for, it seems a pattern is forming within the pattern. The bull-flag, in combination with the Fibonacci sequence, and the upper trendline of the 'XRP is not a security' rally high, may be a good combination for traders to utilize in order to plot their next long position.
Good luck, and always use a stop-loss!
HelenP. I Ripple can make impulse up from support levelHi folks today I'm prepared for you Ripple analytics. A not long time ago price declined lower support level, which coincided with the support zone, thereby breaking it, but later XRP turned around from the trend line and started to rise in an upward channel. In the channel, the price broke the support level one more time and soon reached the resistance zone, which coincided with the 0.6370 resistance level, but at once fell back to the support level. After this XRP rebounded from this level and in a short time rose to the resistance line of the channel, thereby breaking the 0.6370 level. Then, the price turned around and made a strong impulse down to the support line, breaking the resistance level again. After this movement, XRP some time traded near the support line of the channel and a not long time ago broke this line, which is a trend line too. At the moment, the price trades near the support level, and I expect that Ripple will decline to the support level one more time and then rebound up to the resistance level, thereby breaking the trend line again. That's why I set my target at the 0.6370 level. If you like my analytics you may support me with your like/comment ❤️
XRP Holders on Edge: Navigating Legal UncertaintyRipple ( CRYPTOCAP:XRP ) finds itself embroiled in a legal saga fraught with uncertainty. Recent developments surrounding a federal judge's ruling against Coinbase have reignited speculation and raised concerns among CRYPTOCAP:XRP holders about the potential implications for the ongoing legal battle.
The crux of the matter lies in Judge Analisa Torres' previous verdict affirming XRP's non-security status—a decision that has been called into question following Judge Failla's refusal to consider it as precedent in the Coinbase case. Instead, Judge Failla opted to lean on the analysis of Judge Jed S. Rakoff, who cast doubt on Torres' ruling and emphasized the Securities and Exchange Commission's (SEC) jurisdictional arguments.
Judge Rakoff's stance has cast a shadow of uncertainty over XRP's regulatory standing, prompting speculation that Ripple Labs may consider a settlement to mitigate legal risks. The possibility of revisiting Judge Torres' ruling and the potential for a new appeal from the SEC loom large, underscoring the complex legal landscape Ripple must navigate.
Amidst mounting legal pressure, Ripple CEO Brad Garlinghouse and the company's Chief Legal Officer, Stuart Alderoty, were recently spotted outside a New York courthouse, fueling speculation of a forthcoming settlement conference. This development hints at Ripple's willingness to explore alternative paths to resolution as it seeks to mitigate legal uncertainties and restore investor confidence.
The implications of Ripple's legal battle extend far beyond the courtroom, reverberating throughout the cryptocurrency market and impacting investor sentiment. With regulatory clarity remaining elusive, stakeholders are left to grapple with the uncertainty surrounding XRP's regulatory status and its broader implications for the cryptocurrency ecosystem.
As Ripple ( CRYPTOCAP:XRP ) teeters on the precipice of legal uncertainty, the path forward remains fraught with challenges and complexities. Whether through litigation or settlement, the resolution of Ripple's legal battle will undoubtedly shape the future trajectory of CRYPTOCAP:XRP and influence the broader regulatory landscape for cryptocurrencies.
Ripple can continue to move up inside rangeHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some time ago rebounded from the resistance line and made a strong impulse down to 0.6035 support level, which coincided with the buyer zone, thereby breaking the 0.6585 resistance level. After this, the price at once rebounded from this level and rose to the resistance line and even higher this line, but soon fell back, making a fake breakout. Also later, XRP declined below the support level and some time traded there. After this, the price turned around and made a strong impulse up, breaking the support level one more time and soon the resistance line, after which Ripple started to trades in a range. In this pattern, the price first rose slightly, then fell to the support level, after which rebounded and rose to 0.6585. But recently, Ripple turned around and in a short time declined to the 0.6035 level, after which it rebounded and started to move up. So, now I think that XRP can continue to move up inside the range. For this case, I set my target at the 0.6410 level. Please share this idea with your friends and click Boost 🚀
XRPUSD vs. NVIDIA ( This is RIPPLE year) XRPUSD vs. NVIDIA ( This is RIPPLE year)
see >>1-2-3-4-5-6 points
History Repeating...
CRYPTOCAP:XRP / NASDAQ:NVDA
2017> xrp year
2024 > will be xrp year
XRPUSD/NVDA 1w cycle chart (fractal)
check the buy zones (grey boxes)
GMMA oscillator
NVDA/USD chart
Also check Detailed XRP Analysis