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Ripple

🔥 XRP LEFT THE DESCENDING CHANNEL 🔥Hi! Hope everyone's doing well, if your a regular here then thanks for coming by as always, appreciate it! 🔥 In our last idea we highlighted that descending channel for XRP and pointed out that a lot of what would happen would be in correlation to Bitcoin as well as whether or not we exited the descending channel and that's basically it to keep things short and simple. We got that exit from the channel and since then this sort of ascending channel has formed which I've detailed with the dotted black lines. 🔥 That being said we have exited from the ascending channel and we see exactly what happened with that. We lost both the channel and the 200 day moving average thus we're close to retesting this support here ranging from 0.60-0.61 to gauge whether or not we can regain our footing or if we'll fall further. 🔥 Part of that will likely be on whether or not Bitcoin itself can keep itself grounded above $69,000. Here's the chart below for some perspective: 🔥 I haven't added anything, I've only extended the horizontal lines from the previous post so we're at this resistance point or pivot point right now as some may call it. If we fall back down below 69 I'd expect some volatile movements with a possible drop if we lose the 200 EMA on the lower time frames by which we could see another test of $61,500. After all, we can see that it already did one test of that level before rebounding and exiting it's own descending channel. 🔥 So definitely would recommend keeping an eye on that, it'll likely influence Ripple in the next few days as usual. As for economic events to watch for on the 29th, this Friday Powell will be speaking and we already know how that can sway the market so definitely watch out for some possible volatility depending on what Powell comments, speaks on or about. 🔥 Didn't want to make this idea too long but you get the gist, we're just at another pivot point and we've got these mini channels moving us up and down, nothing too crazy. And all this amongst the SEC asking the Judge to Fine Ripple nearly $2 Billion in the XRP case which alone as it is marks a crazy move by the SEC, they stay being nothing but trouble unsurprisingly. Here's the link to an article on that below: news.bitcoin.com 🔥 Any way I'm leaving the idea at that, there's no clear outlook on things as we're mainly waiting to see if BTC can sustain enough pressure and support to keep above that 69k mark again. I'll leave it there but thanks for coming by as always, really appreciate it you guys. Have a great day and see you all soon! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP and the coming new all-time-high.XRP's price has been lagging behind the market, but it makes sense as Ripple has admitted to dumping XRP on retail's head during the rallies. As it stands, the selling of XRP is Ripple's only way to raise capital. However, XRP still remains the only single cryptocurrency on the entire market that has legal clarity. Not even Bitcoin has this, even though it is falsely touted to have such by Bitcoin shills all over the internet. Once the lawsuit is finished, there will be nothing standing in the way of XRP finding true price discovery, and people who have gained massive amounts in other cryptos will be taking profits out and reinvesting them in undervalued assets like XRP. I see a short squeeze from hell coming to XRP very soon! Good luck, and always use a stop-loss!
BINANCE:XRPUSDLong
by MetaShackle
Ripple is Potentially UP-TrendHi All, Ripple has indeed encountered legal hurdles previously, but it’s noteworthy that the SEC has lost 4 out of the 5 cases it initiated. Furthermore, Ripple’s token, XRP, has been embraced by several global banks, including Santander and others in the USA, Thailand, Mexico, Emirates and .... who have incorporated it into their payment protocols. Despite the SEC’s efforts to hinder the growth of this token, market indicators suggest that it’s potentially on the brink of a significant upward trend. The chart big triangle patterns seem to indicate a strong bullish momentum for this token. What do you think? Good luck! 🎯 Armin-Academy
Long
by ArminAcademy
2
RIPPLE - Price can make correction move and then continue riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price made upward impulse to $0.7470 points, breaking $0.6780 level, but then in started to decline in channel. In falling channel XRP soon broke $0.6780 level again and then declined back to $0.5980 level, which coincided with support area. Later, price made fake breakout, turned around, and started to grow in the rising channel, exiting from past channel. Inside rising channel, Ripple rose to resistance line, but a not long time ago bounced and fell to support line. Now, it continues to rise near this line and I think that XRP can fall below support line of channel. After this, price can turn around and start to move up to $0.6780 resistance level, making fake breakout. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
5
HelenP. I Ripple will continue to move up to $0.6560 pointsHi folks today I'm prepared for you Ripple analytics. A not long time ago price rebounded from the trend line and in a short time declined to the 0.6735 resistance level, which coincided with the resistance zone. Price some time traded near this zone and later broke the 0.6735 resistance level, made a retest, and continued to decline. Soon, the price reached the 0.5970 support level, which coincided with the support zone. After this, the price some time traded at this level and later rose to the trend line, after which rebounded and declined lower 0.5970 level and even the support zone. Ripple some time traded below the support zone and soon turned around and made a strong impulse up, thereby breaking the support level and trend line. After this, XRP rose a little and then made a retest of the trend line, after the breakout and recently it continued to move up. For my mind, Ripple will make small movements down and then continue to move up. That's why I set my target at the 0.6560 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
RIPPLE (XRP): Daily Chart | Technical AnalysisHi Traders! XRP Coin has not yet experienced the splendor like other Cryptocurrencies, and this is certainly one of the reasons why we are following Ripple, the second reason, and maybe the most important one, is attributable to the technical structure on the daily chart. A few weeks ago we published a potential bullish harmonic structure on the 8H chart (see chart below) which currently still remains valid. At the same time, we have been looking for potential support and resistance areas (0.51 and 0.72), so we cannot yet rule out a bearish consolidation in the near term, but if this happens it should be considered an opportunity to add long positions. As we have already said in the previous analysis, we have two bullish Targets, but certainly the 1.40 area should be reached in the medium term. From our point of view, the bullish reaction from the previous bottom is not impulsive, it looks much more like a corrective structure (ABC for example), so further updates will be necessary. That said, help us reach at least 50 Likes so we can feel free to post new updates as soon as possible below. In conclusion, the best strategy for Day Traders is very simple, buy, buy and... buy on depth! 🔴 HARMONIC STRUCTURE ANALYSIS: (Click on Chart below) Trade with care Like | Share | Comment
BINANCE:XRPUSDLong
by TheAnonymousBanker
Ripple I believe it's time to keep an eye on XRP. Let me start off by saying that this crypto actually has been in a bull range for quite some time. There was a spike sometime ago, which can be viewed as a precursor for what's to come in the future. What would I look for to take place? I want to see a B.A.R. of the mid-range high & monthly EQ ($1.10) before continuantion. The 1st target would be $2.00. Fundamentals: -XRP increased by 1.47% on Wednesday, ending the session at $0.6279. -Crypto market reaction to dovish FOMC projections delivered broad-based market gains. -On Thursday, focal points include SEC v crypto case-related updates and regulatory chatter. -Ripple price eyes recovery alongside Bitcoin and altcoins as the Federal Reserve keeps interest rates unchanged. -In the SEC v. Ripple lawsuit, a ruling is expected in 2024, the window for an appeal extends into 2025. -XRP price eyes rally to $0.7430, a level previously hit in mid-November 2023. P.S. The best TF to view price would have to be the 3M. IMO.
BITSTAMP:XRPUSD
by ChrisJTradesFX
XRP - 500x Your MoneyHello Traders, welcome to today's analysis of XRP. -------- Explanation of my video analysis: In 2017 XRP created a massive triangle breakout which was followed by a +50.000% rally towards the upside. This rally then ended in 2018 and XRP has been trading sideways ever since. However there is once again a triangle formation and XRP is about to break out, which could then lead to a similar rally compared to the breakout rally we saw back in 2017. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
CRYPTO:XRPUSD
by basictradingtv
23
XRPUSDT Unmistakable Signs of an UptrendFollowing XRPUSDT's breakout above the descending channel, unmistakable signs of an uptrend have emerged: Higher Highs and Higher Lows: Price action is consistently printing higher highs and higher lows, indicative of upward momentum. Support Zone Transformation: The previous resistance area has successfully transitioned into a support zone, reflecting bullish sentiment. Fibonacci Respect: The 61.8% Fibonacci level has been duly respected, underlining the strength of the uptrend. Bounce Off Uptrend Trendline: A clean bounce off the simple uptrend trendline further validates the bullish trajectory. Considering these factors, a 45% jump is easily anticipated, with overall much higher upside potential.
Long
by CryptoPAMM
1
💎 GTAI/USDT -Ready for another Bullish move? (READ THE CAPTION)By examining the GTAI/USDT chart, we can see that after entering the demand range of $3.35 , the price is associated with the relative demand, and if the price can stabilize above this level, we can expect more growth from this cryptocurrency, and its next targets are will be $4, $4.50, $5 and $5.5! 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
💎 BTC/USDT - BITCOIN will reach $100K ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 30 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis, the next possible targets of Bitcoin will be $77,700, $79,000, $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
XRP Holders Are Beginning to Lose Hope on the AltcoinXRP traders have accrued about $31 million in losses over the last week in trading. Traders are shedding their XRP holdings and on-chain activity has dropped since the altcoin bridged its year-to-date high on the 11th March, 2024. Technical Analysis CRYPTOCAP:XRP price is at risk of further decline as holders anticipate developments in the SEC vs. Ripple lawsuit. CRYPTOCAP:XRP price broadly consolidated above $0.60 on Thursday currently trading at $0.6233 up by 2% as The Securities and Exchange Commission (SEC) is set to file its remedies-related opening brief on Friday. According to Ripple and SEC’s agreement, the proceedings will remain sealed from public view and this has increased XRP holders’ anticipation of the developments in the legal battle. CRYPTOCAP:XRP quickly dropped below the key support level at $0.60 on Thursday morning and surged to $0.6234. The altcoin has repeatedly tested the $0.60 support and rebounded from it, signaling its importance for the altcoin. If the bears gain momentum, CRYPTOCAP:XRP could potentially drop to $0.5464. Moreover, the altcoin could collect liquidity at this level, it could see a rebound and target a new resistance level of $0.6886. Meanwhile, the Relative Strength Index (RSI) has shown a moderate growth rate for the asset at 51 indicating a neutral Pendulum bulb here. No overbought neither is there oversold scenario. On-Chain Metrics On-chain metrics pose a loss of interest in CRYPTOCAP:XRP while the altcoin faces a price correction. CRYPTOCAP:XRP has considerably decrease in on-chain activity, as measured by the Active Addresses and Whale Transaction Count of those transfers valued at $100,000 and higher. according to Santiment’s on-chain data, CRYPTOCAP:XRP reached its year-to-date peak on March 11 and since then these two metrics have been declining steadily. This occurs at the same time as XRP’s price has corrected. Ripple lost nearly 20% since March 11 together with the drop in activity.
Long
by DEXWireNews
2
XRPUSD (Ripple) sitting on a major down trend lineYou probably know that so far we've experienced 3 major bullish crypto cycles. What you might not know is that each of those bull runs has 5 phases. Phase 1: Bitcoin starts increasing Phase 2: Bitcoin keeps on increasing and Ethereum starts rallying as well (This is where we're likely right now) Phase 3: Both Bitcoin and Ethereum keep increasing. Ethereum might outperform Bitcoin in some periods. Other major cryptocurrencies like Ripple start their rallying period as well Even though the current crypto bull run has started earlier then expected, so far it's structure is very similar to the previous rallies. If we are to judge by them, this means that we are likely in phase 2 and soon may go into phase 3. If that is the case, very soon, Ripple can start it's ascend and the technical analysis confirms such an opportunity. Monitor this chart for a breakout
BINANCE:XRPUSDLong
by RTED_Investing
4
⚡️ XRP WHAT'S NEXT? ⚡️⚡️ Alright alright. Well we're back with it again, this time with a quick lighting idea for you guys, a real fit for this stormy weather we've got today going on where I'm at. Anyway let's just get started, thanks for tuning in of course, hope your all doing well as always. ⚡️ In that last idea of ours we honed in on a couple things and possibilities as Bitcoin was hitting that All time high and it seems we ended up getting the latter with the fall after that impulse wave up with our rocket of an ascent up to 0.736 cents for XRP and Bitcoin's basic All time high on the 13 of $73,083. Economic inflation data didn't hit too however great in the least to say and ⚡️ Right now we can see that we've had this descending channel form since XRP's jump up and it's pretty simple to see what we're dealing with, we've got these two descending lines, channel that's formed which has been the main thing to drag us down for the most part. That being said 0.57 seems to be our support level right now and I'd set an alert below that in case we slip back down below that. ⚡️ Main thing I'm going to be looking out for is a breakout from the descending channel here. That should help us get the move up and out from this descent that I'm sure bulls are looking for and waiting on though a lot of that will likely be thanks to Bitcoin's next move if it can face it's current hurdle as shown below: ⚡️ The chart overall speaks for itself for the most part thankfully. We can see how Bitcoin after hitting that All time high did have the retracement which is super fair considering it was an all time high and everything but that in turn ended up forming a head and shoulders pattern which was a pretty bearish confirmation and we can see the fall that ensued after before support was found at that $61,500 point. Definitely set some alerts there in case we fall below that. ⚡️ So yeah the main thing here that's likely gonna play a role on the market in the next few days is whether or not Bitcoin can face that hurdle of resistance at $69,000 and $73,000 of course so after. Chances are if we end up pulling up and failing to break that then we'll more than likely get some sort of reversal or further retracement and retest that $61,500 support so set some alerts for that $61.5k and SWB:69K if you want to keep an eye on those essential 'pivot points'. ⚡️ Like I said this was going to be a lightning idea and that's that, I simply wanted to give a quick insight on my perspective on stuff and what I can see, identify going on right now, at least in my own view point and all. So thanks for coming by, stay tuned for more as always and till next, wishing all the best of course, can't wait to see what the future holds! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
Ripple can exit from triangle and continue rise to 0.6660 levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago reached the support level, which coincided with the support area inside the upward channel and after two times it rebounded below. After this movement, Ripple turned around and in a short time rose to the resistance line of the channel, thereby breaking the 0.5680 level, but soon XRP bounced from this line and fell to the support line. Soon, the price made a strong upward impulse from this line to the resistance line, making a fake breakout of 0.5680 level and also breaking the 0.6660 level, which coincided with the seller zone. Then Ripple exited from the upward channel and rose to the resistance line of the triangle, after which it turned around and soon declined back to the 0.6660 level, broke it, and continued to decline. When the price declined to the support level, it a not long time ago rebounded and started to rise, so, I think that Ripple can reach the resistance line and break it, thereby exiting from the triangle. After this, possible that the price will make a retest and continue to rise to the resistance level. For this case, I set my target at the 0.6660 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
Cryptolean Ripple XRP Update Yesterday, XRP dipped to below the key daily support at $0.593 and we need to wait for today's daily candle closure. I would like to avoid a sustained price action below $0.593. An inability to sustain the price action above $0.593 will lead to a decline to $0.543 and we will see a considerable slow down in the price momentum. A bullish break-out of $0.593 will result in a re-test of $0.65-$0.675 zone. Intraday chart In the 4-Hour chart of XRPUSDT, the #Ripple coin is in the bearish territory and teasing the intraday support at $0.586. A bullish rejection of $0.586 could push #RippleXRP price for a re-test of $0.618, and possibly higher to $0.68. A ibearish break-out of $0.586 will result in another bearish dip towards $0.519-$0.547, the next key intraday support zone.
by Trade-Lean
2