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Ripple

Navigating XRP's Path Amidst Ripple's Stablecoin PlansCRYPTOCAP:XRP , the digital asset often referred to as the "banker's coin," is facing a crucial juncture as Ripple, its parent company, charts a new course with the introduction of its stablecoin. Amidst concerns surrounding XRP's utility in Ripple's ecosystem, Ripple's Chief Technology Officer (CTO) David Schwartz has stepped in to address the community's apprehensions. CRYPTOCAP:XRP 's Price Action and Ripple's Stablecoin Plans CRYPTOCAP:XRP has been treading cautiously around the $0.53 mark, with the shadow of resistance at $0.55 looming large. Ripple's recent announcement regarding the launch of its stablecoin has stirred a wave of uncertainty among XRP holders and crypto enthusiasts alike. The impending arrival of the stablecoin has raised questions about the future relevance of XRP within Ripple's ecosystem, particularly in its On Demand Liquidity (ODL) platform. Ripple CTO's Reassurance In response to these concerns, David Schwartz, Ripple's CTO, took to Twitter to offer reassurance. He emphasized that Ripple's objective is to provide clients with options, allowing them to choose between using the stablecoin and CRYPTOCAP:XRP based on their specific needs. Schwartz's comments underscored the belief that CRYPTOCAP:XRP will continue to play a significant role within Ripple's ecosystem, despite the introduction of the stablecoin. Technical Analysis: XRP's Price Dynamics From a technical perspective, XRP's price action has been confined within a narrow range, with resistance at $0.5576 and support at $0.5137. A breakout above resistance could signal a potential rally toward the $0.6431 level, representing a substantial upside for $XRP. Conversely, a breach below support may indicate a trend reversal, potentially leading to a test of lower levels around $0.47.
Long
by DEXWireNews
⭐️ XRP AND THE BITCOIN HALVING! ⭐️⭐️ Hi! Hope everyone's doing well today, it's finally that day, the halving has arrived and personally I feel like it flew up on us. Crazy to think that only a couple months ago we we're talking about the halving and now here we are. Bitcoin's fourth halving! ⭐️ Wild think that could be the case but here we are! I've been working everyday this month so I haven't exactly had too much time to post anything let alone be home but I decided to take a day off so here we are! Thanks for tuning in for a bit as always. ⭐️ Anyway I'm sure we want the technical analysis so I'll put one below in the displayed chart here: ⭐️ I made up this chart a few days ago but was unable to post an idea so why we've got that April 19th timestamp, regardless the chart did it's job and explains a bit of what's happened afterwards, what we're looking at today. ⭐️ We did in fact exit our horizontal channel signaling a bullish breakout and we managed to recapture out 200 as we had brought up in the previous chart forming a golden cross which helped send prices up in a new ascending channel as shown below: ⭐️ Thanks to that ascending channel and golden cross it's simply to see how we we're able to reclaim some ground and get that positive price action before hitting another resistance level at that 0.57 which is understandable, at some point we we're going to have to retrace and that brings up the next point. ⭐️ From our current position we're looking at a few new developments like that resistance line that's seemed to form since that rejection at 0.57 and 0.56 forming this new level of resistance which will probably play a role in future price action. That's not the main point right now though, we're still descending and looks like we're gonna be retesting our 0.526 horizontal level. For those of you that aren't familiar with my lines yet here's the summary. Their just horizontal levels which I've added over time. Some are few months old, some more, they are essentially resistance and support levels depending on which side your on . ⭐️ Anyway, to keep things simple. If we can't regain that 200 EMA on the hourly and we fail this retest at our 0.528 horizontal level then I'd expect us to fall further and retest 0.514 and 0.50 below should we breakdown. Admittedly that's gonna be a bit tough since our 20/50 day EMA's have already converged and flipped so it'll take a bit of pressure to get those flipped and get a bullish signal but it's definitely not out of the equation. So if bulls can sustain support above 0.525 then we stand to regain the 200 and continue pushing up in which case we'll look to that resistance line to see how the market reacts to that. ⭐️ As always, thanks for coming by, I appreciate you guys so much as always, especially if you've made it this far, I simply wanted to share a couple quick thoughts and get a post out, especially after Bitcoin's halving! It's incredible to think that it's been so long and yet here we are now at that point alas. Who knows what the future holds, I simply believe it'll be something well worth. Thanks as always and much love, all the best till the next idea! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
💎 BITCOIN (BTC) : Weekly analysis , going for $100K ? (READ)By checking the #Bitcoin chart in the weekly time frame (logarithmic), we see that after the price dropped to $59,500 last week due to the tensions in the Middle East, but we saw a rapid price recovery And currently, Bitcoin is trading in the range of $66,500! By keeping the price above the support level of $59,500, we can expect more growth in the medium term! The next Bitcoin targets are $77,000, $85,000 and $100,000 respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
💎 CHILIZ (CHZ) - +25% so far , what's next ? (READ THE CAPTION)By checking the chart of #Chiliz cryptocurrency in the weekly time frame (logarithmic), we see that the price hit the first target ($0.125) with a 25% growth! 😍 I hope you have used it! This cryptocurrency also has an attractive fundamental support! The next targets are $0.16890, $0.215, $0.297 and $0.39360 respectively! The expected yield of this cryptocurrency in the long term is more than 250%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
7
💎 DogeCoin (DOGE) - More Bullish? Let's see! (READ THE CAPTION)By checking the #DogeCoin chart in the weekly time frame (logarithmic), we see that the price is trading with more than 10% growth in the range of 16 cents, and by maintaining the support of the $0.124 range, we can expect the price to grow to higher targets! The price targets are $0.229, $0.35, $0.374 and $0.75 respectively! The expected yield of this cryptocurrency in the long term is above 300%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
14
RIPPLE - Price can exit from wedge and rise to resistance areaHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to wedge, where it at once made downward impulse from resistance line. Ripple broke $0.5630 level, which coincided with resistance area, and in a short time declined to support line, breaking $0.4660 level too. Soon, it turned around and rose higher than $0.4660 level, making fake breakout, and continued to trades near this level. After XRP made a correction to $0.4660 level, it bounced and in a short time rose to resistance line of wedge. But recently price turned around and started to decline, so, I think Ripple can decline a little more. Later, price can bounce up to $0.5785 resistance area, exiting from wedge and breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
📈XRP: Technical Analysis Amidst Market Tranquility🐢📊 Comprehensive Analysis - XRP 📊 Embarking on today's analysis amidst a market holiday, we find the market continues its calm demeanor, with the possibility of another day of consolidation and range-bound trading. Hence, exercise caution to avoid impulsive positions, as trading opportunities may be scarce during this period. 🔍 Project Overview: Today, we turn our attention to XRP, a cryptocurrency that personally doesn't resonate with me for its deviation from the fundamental principles of blockchain. However, as a professional, it's essential to stay abreast of developments in all relevant areas. 📈 Chart Analysis: Zooming into the daily timeframe, we witness a sharp downward movement, breaching the $0.495 support level. However, subsequent candlesticks failed to sustain below this level, potentially indicating the initiation of a new upward trend. Notably, XRP exhibits a bullish high wave cycle, with a conceivable upward target of $0.7240. 💡 Trading Strategy: For spot traders eyeing entry points, a cautious approach is advised. Consider setting your sights on the $0.7240 resistance level, where profit-taking may occur, or wait for a potential retracement to the support box. In the worst-case scenario, exercise patience and re-enter after a break below $0.724. 📊 Volume Analysis: Examining recent volume trends, red candle volumes outweigh green candles, suggesting prevalent selling pressure. Furthermore, the lackluster volume in the latest candlestick adds to the ambiguity, rendering it inconclusive for trading decisions. 🔄 Conclusion: With XRP's high wave cycle confining it within a range, traditional technical indicators like Fibonacci retracement offer limited utility. In such scenarios, traders must exercise caution and rely on comprehensive analysis to navigate the market effectively. May this analysis serve as a valuable resource in your trading endeavors. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
by itsparham96
💎 CHILIZ (CHZ) - New Investment Opportunities ! LONG ?By checking the #Chiliz (CHZ) cryptocurrency chart in the weekly time frame (logarithmic), we can see that the price after the correction that had to a demand range of $0.074 to $0.092 was accompanied by a relative demand and is currently trading in the range of $0.107 If the price can maintain this support , we can witness another attractive growth of this attractive cryptocurrency! The targets of this crypto are $0.125, $0.16890, $0.215, $0.297 and $0.39360 respectively! The expected yield of this cryptocurrency in the long term is more than 250%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
💎 LITECOIN (LTC) - New Investment Opportunities ! LONG ? With the new review of the #Litecoin chart after a long time, we see that the price is trading in the demand range of $80 and I expect it to start its strong growth soon from this range! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively! The expected yield in the long term is something around 200%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
5
Ripple can make retest of support line and then continue growHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price traded in the seller zone, which coincided with the resistance level, after which rebounded and rose a little. But then XRP turned around and started to decline back to the seller zone, and when the price reached the seller zone, it entered to triangle, where Ripple made a downward impulse from the resistance line to the support line, breaking 0.5900 and 0.4735 levels. After this movement, XRP bounced from the support line and in a short time rose higher than the 0.4735 support level, breaking it again, after which it turned around and declined to this level. Price some time traded close to this level and later it declined to support line of the triangle, which coincided with the buyer zone and then made a strong impulse up, thereby breaking the 0.4735 support level and a not long time ago exiting from the triangle pattern. At the moment, in my opinion, Ripple can make a retest, after the breakout and then continue to move up. For this case, I set my target at the 0.5600 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
HelenP. I Ripple can correct to support level and then bounce upHi folks today I'm prepared for you Ripple analytics. A few moments ago price started to decline in a downward channel, where it at once rebounded from the resistance line and in a short time declined to the trend line, which is the support line of the channel too, thereby breaking the 0.6435 resistance level. But later, the price turned around and rose to a resistance zone, after which it rebounded and some time traded below. Then XRP rose to the resistance level again, but at once turned around and in a short time declined to the trend line, which coincided with the support level and zone. Price even made a fake breakout of a downward channel, after which it soon backed up and continued to trades near the 0.4800 support level. Now, I expect that Ripple will make a correction to the support level and then start to move up. For this reason, I set my target at 0.5425 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
XRP - When To Buy MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here XRP has not mooned yet . The ALTCOIN market has just hit a critical level , when this happens XRP can start its move higher . This needs to be watched carefully. In this video I talk about when it looks good to buy XRP for bull market. XRP To The MOON Please watch the video for more information
BITSTAMP:XRPUSDLong
by MartyBoots
4
💎 GTAI/USDT- Riding the Wave: GTAI’s Path in the Crypto SeascapBy examining the GTAI/USDT chart, we can see that in the past week, considering that the shadow of war fell on the crypto market, we saw the fall of many cryptocurrencies, and GTAI was not excluded from this fall! Bitcoin halving will happen in about 1 day and 10 hours, which can bring the market with heavy fluctuations, and if the price can show a positive reaction to the range of $1.60 to $1.77 and $1.26 to $1.45, we can expect more growth from this cryptocurrency! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
Ripple XRP price. Global view of the chart on weekly timeframe😱If you believe in fairy tales that CRYPTOCAP:XRP can be worth $10 , then please prepare your psyche for the reality that #XRPUSDT has every chance of dropping to $0.20 Now, after a cold shower, let's take a look at the chart. According to the wave analysis, there is no final answer yet: has the bottom of wave -2- already been reached or is it still ahead? 👉 If the #XRPUSD price can't be pushed below $0.40-0.45 in the coming weeks, then there will be a ray of hope that the "bottom has already been there". This will mean that the price may eventually start to grow by blue scenario. 👉 If no one "holds" the price of #Ripple, then "hello" $0.20-0.21. If you buy XRP there, you will be officially initiated into the sect of "$10=XRP witnesses" founded by desperadoes people in 2017. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
⭐️ Ready, Set, Grow! Navigating the #Bitcoin Halving and Beyond!As you know, there are only 2 days and 10 hours left until #Bitcoin_halving and many are waiting to see how much Bitcoin will grow/fall after the halving ! Of course, in my opinion, after a correction, we can wait for the next upward wave of Bitcoin, and when Bitcoin is corrected or neutral, we will probably witness a new alt season! For this purpose, we will soon start examining new cryptocurrencies so that we can follow the next upward trend of this market! Note that there is a possibility of price correction up to $53,000 and $41,000. If the price falls to these ranges, you can think about buying again! The next upward targets of Bitcoin are $77,000, $85,000 and $100,000 respectively!
Long
by ArmanShabanTrading
5
Ripple can break support level and decline to 0.4480 pointsHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago, and started to trades in the range, where it at once rose to the top part of this pattern and some time traded near. After this, the price turned around from the top part of the range, and in a short time declined to the seller zone, which coincided with the 0.5680 resistance level, after which XRP bounced and tried to rise in the range. But, after it a little rose, the price turned around and made a strong impulse down to the support line, thereby exiting from the range and breaking resistance with support levels also. After this, XRP in a short time rebounded from the support line and rose higher support level, breaking it one more time. After this, Ripple made a little correction to the support line, but now XRP continues to trades near the 0.4835 support level. In my opinion, Ripple can make a little movement up and then rebound down to 0.4480, thereby breaking the support line and level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
2
XRP Recovers From Weekend Massive Decline up 3.20%The CRYPTOCAP:XRP cryptocurrency has recently experienced a noteworthy recovery, having surpassed its weekend low of $0.41 and climbed back above its $0.50 support level. The recovery can be attributed to a recent proposal by Ripple developers regarding the creation of a native lending protocol on the XRP Ledger. This protocol aims to enhance the platform's DeFi capabilities by enabling users to lend and borrow digital assets directly from the CRYPTOCAP:XRP Ledger. The native lending protocol proposed by Ripple developers, Aanchal Malhotre and Vito Tumas, focuses on three specifications: XLS-64d (Pseudo-account to track balances and issue tokens), XLS-65d (Single Asset Tokenized Pool), and XLS-66d (Native XRPLedger Lending Protocol, provide liquidity for assets). Liquidity providers would be able to deposit tokens such as CRYPTOCAP:XRP , wrapped Bitcoin (wBTC), and wrapped Ethereum (wETH) into a lending pool and earn interest. Pool delegates would manage these pools, attract capital, and provide loans. Borrowers and pool delegates would agree on loan terms off-chain and record them. The protocol would enable fixed-term loans and pre-set terms for interest accrual, thereby bypassing the need for off-chain underwriting, risk management, and a first-loss capital protection scheme in the event of default. If the proposal is accepted and the lending protocol goes live, it would promote financial inclusion, transparency, and efficiency on Ripple's native blockchain. Additionally, the protocol has the potential to attract developers to build and integrate lending Decentralized Applications (DApps) on the blockchain and address a wide range of use cases. However, developers are yet to announce a timeline for the proposal's implementation. Based on Technical Outlook, the altcoin has made a comeback above $0.50, having swept the $0.4188 lows for the first time since May. The $0.50 round level represents key support for CRYPTOCAP:XRP , as the altcoin has broadly sustained above this threshold since February. In the event of a decline, XRP price could find support at $0.4117 and faces resistance at $0.5310 (the 50% Fibonacci retracement of the altcoin's drop from the April 9 peak of $0.6431). The Relative Strength Index (RSI) has recovered from its decline below 30 (the oversold region) and climbed to 34.13 on Monday. However, the RSI continues to signal little momentum. The Daily Price chart shows an "Inverted Hammerhead" indicating bullish bias.
Long
by DEXWireNews