XRP down as traders cash out. Brief analysisXRP has witnessed a surge in selling activity since it climbed to a three-year high of $1.63 on November 23. Currently trading at $1.41, the altcoin has since noted a 13% price dip.
According to Santiment’s data, over the past seven days, XRP’s realized profits have totaled $1.84 billion, the highest since April 2021.
XRP currently trades at $1.41, above support formed at $1.33. Sustained profit-taking activity by token holders will pull XRP’s price to test this support level. If it fails to hold, the downward trend strengthens, and the XRP price dip may extend to $1.28.
On the other hand, this bearish projection will be invalidated if buying activity resumes. This may push XRP’s price toward revisiting its three-year high of $1.63.
Ripple
Ripple on its way to becoming a two-dollar currencyRipple has had an excellent yield of about 200% growth so far and still has the potential to rise to $2. Considering the news and fundamentals surrounding this cryptocurrency, I see good growth potential for it. However, it is not one of the cryptocurrencies I invest heavily in; I only hold a limited amount in my investment portfolio.
What do you think about this analysis?
What symbol would you like me to analyze for you?
Ripple XRP price woke up after many years of hibernationIf we look at the global chart of OKX:XRPUSDT and conduct a wave analysis.
It turns out that it is purely theoretical and hypothetical and very fantastic, but the price of #Ripple can still reach $12
Although, a more realistic and down-to-earth target is $6.50 by mid-2026.
If we take a more localized situation , the #XRPUSD price can reach $1.76-1.96 by inertia, and that's enough.
A safe buy is in the range of $0.75-0.95
Confidence of continued growth after the #XRPUSDC price is able to gain a foothold above $2
Spread this idea across the Internet, let everyone know that CRYPTOCAP:XRP is reviving and preparing to rule the crypto world!)
Is Ripple's XRP ETF the Next Big Investment Opportunity?
The cryptocurrency market has been excited as Ripple's XRP token continues its upward trajectory. The recent surge in XRP's price, coupled with a significant development in a new ETF application, has fueled optimism among investors.
WisdomTree Joins the XRP ETF Race
WisdomTree Investments, a prominent asset management firm, has taken a bold step by applying with the U.S. Securities and Exchange Commission (SEC) to launch an XRP exchange-traded fund (ETF). This move is a significant development in the crypto industry, particularly for Ripple and its XRP token.
WisdomTree's decision to pursue an XRP ETF aligns with the growing interest in digital assets and the increasing institutional adoption of cryptocurrencies. By applying in Delaware, a state known for its business-friendly regulations, WisdomTree aims to streamline the regulatory process and potentially accelerate the launch of the ETF.
XRP's Stellar Performance
XRP has emerged as one of the top-performing altcoins in the recent crypto rally, experiencing a remarkable price surge. The token's value has soared to levels not seen since 2021, captivating the attention of investors and analysts alike.
Several factors have contributed to XRP's impressive performance:
1. Positive Legal Developments: Ripple's ongoing legal battle with the SEC has been a major catalyst for XRP's price movement. Positive developments in the case, such as favorable court rulings or settlements, can significantly impact the token's value.
2. Increased Institutional Interest: As more institutional investors recognize the potential of cryptocurrencies, XRP has gained traction. The growing interest from traditional finance players has led to increased demand for the token.
3. Strong Network and Utility: XRP's underlying technology, the RippleNet, offers fast and efficient cross-border payments. The network's growing adoption by financial institutions has solidified XRP's position as a valuable digital asset.
4. Positive Market Sentiment: The overall bullish sentiment in the crypto market has also benefited XRP. As investors become more optimistic about the future of digital assets, they are allocating funds to promising projects like Ripple.
The Future of XRP and Crypto ETFs
The filing of an XRP ETF application by WisdomTree is a testament to the growing institutional interest in cryptocurrencies. If approved, the ETF would provide investors with a convenient and regulated way to gain exposure to XRP.
However, it's important to note that the SEC has historically been cautious about approving crypto-related ETFs. Regulatory hurdles and concerns about market manipulation and investor protection have often delayed or prevented the launch of such products.
Despite the challenges, the increasing number of ETF applications for cryptocurrencies, including Bitcoin and Ethereum, suggests that the regulatory landscape is gradually evolving. As regulators better understand the crypto market and its potential benefits, we may see more approvals for crypto ETFs in the future.
Conclusion
Ripple's XRP has been on a remarkable journey, and the recent surge in its price, coupled with the filing of an ETF application by WisdomTree, has further solidified its position as a significant player in the crypto industry. While challenges and uncertainties remain, the future of XRP and cryptocurrencies appears bright. As the industry continues to mature and regulatory frameworks become more supportive, we can expect to witness further innovation and growth in the years to come.
ALT SEASON BREAKOUT! XRP to $1.78 & higher! Ripples & WavesBITSTAMP:XRPUSD
Keeping it simple, Alt season is here!!!
You can see it in the ripples & waves of the XRP Chart as they emanate outward from what seems to have been a massive buy bomb! and from the looks of It, it appears it was the direct hit we needed to finally propel XRP through the stratosphere !!
It seems by all metrics that we are set and ready for market expansion for the ALT coin market. XRP only moves with the broader crypto market, so a breakout in alts, means breakout for XRP. What's more, the only 2 possible moves left for XRP both lead to an imminent breakout. There could be a retest back down to $1.20 - $1.09 area, then we experience the parabolic breakout from there or, we break straight out from our current price levels of around $1.45.
Either way, exciting times are ahead. careful with leverage, protect your portfolios and just ride the waves...... 🌊
Xrp - The Bullrun Is Finally Starting!Xrp ( BITSTAMP:XRPUSD ) will finally break out of the triangle:
Click chart above to see the detailed analysis👆🏻
As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
XRP: bulls vs bearsCertainly, after three years of a steady downtrend, XRP’s resurgence sparked renewed FOMO in the market. On the day XRP hit $1, active accounts on the XRP ledger surged to a yearly high of around 48K. However, within just a week, that number has dropped to 30K, reflecting a 37.5% decline.
These abrupt exits have disrupted the momentum needed to break the $2 barrier, leading to a more than 2% decline after it crossed the halfway point two days ago, with XRP currently priced at $1.46 (at the time of writing).
However, if the bulls lose confidence in XRP’s long-term potential, a pullback to around $1 could form a local bottom, offering an attractive entry point for new traders looking to capitalize on a rebound.
This places Ripple at a crossroads, where the next move will define whether the momentum will build toward $2 or retrace to new entry points around $1.
The coming days will likely show which side takes control in this tug-of-war. However, the bulls’ drive to keep XRP from falling after so many challenges gives them a strong psychological edge.
With continued confidence, the likelihood of breaking $2 grows, as bulls work to reignite FOMO in the market.
Ripple’s Revival: Why XRP Could Lead the Next Crypto Bull RunThe cryptocurrency market is buzzing, and CRYPTOCAP:XRP is making headlines with explosive growth and renewed investor confidence. With recent developments, including Gary Gensler’s impending resignation, whale accumulation, a record-breaking futures market, and upcoming catalysts like an IPO and ETF launch, XRP is positioned for a significant rally. Here’s a comprehensive look at the technical and fundamental factors driving this momentum.
Whales on a Buying Spree
Whale activity has reached a fever pitch, with Ripple’s big players adding over 250 million XRP tokens during a recent market dip.
Key Transactions:
- 149 million XRP ($227 million) moved from Bybit to private wallets.
- 58 million XRP ($87 million) transferred from Binance to whale wallets.
- 20 million XRP acquired from South Korea’s Upbit exchange.
This accumulation reflects high confidence among institutional and high-net-worth investors, signaling strong bullish sentiment for XRP’s future.
Futures Market: A Record $2.5 Billion in Open Interest
XRP’s futures market is on fire, with open interest hitting an all-time high of $2.5 billion.
- Platform Highlights
- Binance and Bybit are leading the charge, showcasing heightened trader enthusiasm.
- Coinglass data indicates that XRP futures now represent 1.59 billion tokens in open positions.
This surge aligns with XRP’s 24% rise in trading volume and a price jump of 4%, with a 24-hour range between $1.31 and $1.54.
Regulatory and Strategic Developments
XRP’s bullish narrative is further bolstered by the following key events:
1. Gary Gensler’s Resignation: The announcement of the SEC chair stepping down in January 2025 has sparked renewed optimism among crypto enthusiasts, as it could ease regulatory scrutiny.
2. Ripple IPO & ETF Launch: Ripple’s IPO and a potential XRP-focused ETF in Q1 2025 could usher in institutional adoption on an unprecedented scale.
These developments are expected to drive further demand and push XRP prices higher in the medium to long term.
Technical Outlook: Is $20–$50 Possible?
XRP has broken through multiple resistance levels, gaining over 200% in just three weeks and trading at $1.44 at the time of writing.
The RSI is overbought at 85, suggesting a short-term correction may occur. CRYPTOCAP:XRP is trading significantly above key moving averages, maintaining a bullish structure. A retracement to the 38.2% pivot point ($1.20) may present an ideal entry point for investors. The MACD at 0.0559 highlights strong momentum, paving the way for a rally to $20–$50 in the coming weeks.
Broader Market Dynamics
CRYPTOCAP:XRP is outperforming its peers and gaining ground on BTC dominance. The XRP/BTC pair has doubled in value, signaling an upward trend as Bitcoin’s momentum slows. With a potential Thanksgiving rally and new monthly highs in sight, analysts are targeting $2 in the short term.
What’s Next for XRP?
While XRP’s current rally is impressive, its long-term potential lies in strategic developments and increasing adoption. With whales accumulating, the futures market at historic highs, and macroeconomic factors aligning, the stage is set for XRP to achieve new heights.
As CRYPTOCAP:XRP eyes key milestones like $20–$50, its resurgence is a testament to the strength of the Ripple ecosystem and its ability to capitalize on market opportunities.
Ripple XRP - The Banks Worst Nightmare - Beast ModeRipple ( XRP ) will put the banking system to the test.
Many attempts to shut down this "wonderful" coin have been made.
Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age.
It will take some time indeed, until it would be implemented in the systems.
All I can say is that, IMO, the Crypto Revolution is inevitable.
Anyway, let's get on with it and have a deeper look at Ripple.
XRP ( XRPUSD , XRPUSDT , XRPBUSD ) Tech. Analysis:
* Elliott Wave A-B-C Pattern: Cycle a-b-c (red)
* Ending Diagonal in Cycle C (red)
* 88.6 Fibonacci Retracement
* Bullish Divergence
* Demand Zone
* Double Bottom
There you have it! A trading set-up.
But where's the level bro?
Oh.. yeah, it's $0.175 .
Good luck you HODLer!
XRPUSDT: 1,700 Days of Accumulation Over! XRPUSDT Technical analysis update
XRPUSDT price has been trading within the longest triangle formation for the past 1,700 days. This week, which can be considered a 1,700-day accumulation phase, the price broke out of the triangle resistance on the weekly chart, . A strong bullish move is expected in the coming months, supported by a rise in volume on the weekly chart. Additionally, the price is trading above the 100 and 200 EMAs, which is considered bullish for XRP.
Regards
Hexa
XRP Weekly Trend Line Broke & Retested (BULLISH)There has been a weekly downward trend line for BINANCE:XRPUSD ever since early 2021. Actually, it goes back to 2018, but for the sake of good visibility on this chart it goes back to only 2021. Zoom out of look on the monthly chart though to see that it goes back to 2018!
Note: You can check multiple price feeds too, not just Binance. For example, Bitstamp BITSTAMP:XRPUSD and others.
This downward trend line has been broke and retested. Price is currently at support now and ready to take off. Expect some fireworks for XRP soon.
Minimum TP = $0.94
Longer term TP = $1.40
Current price = $0.59-$0.60
Price is currently at support, so risk is extremely low. You may want to set a SL somewhere below $0.50 just to be safe. Please note, Price will likely go way above my two TP prices posted. These are just two very probable TP prices that will be reached with without waiting forever. This is a long-term chart and very reliable.
What Factors Contributed to Ripple's XRP Soaring 174% in Just OnXRP, the native cryptocurrency of Ripple, has been on a tear in recent weeks, surging an impressive 174% in just one month. This remarkable price surge can be attributed to several factors, including growing optimism surrounding pro-crypto policies and increased institutional interest.
Several developments has fueled the recent upswing in XRP's price. One of the most significant factors is the increasing speculation about a potential US-based XRP exchange-traded fund (ETF). An ETF would allow investors to gain exposure to XRP through traditional investment vehicles, potentially attracting a wider range of investors and driving demand.
Additionally, XRP has seen a surge in trading volume on South Korean exchanges, surpassing even Bitcoin and Dogecoin. This increased trading activity indicates strong demand for XRP in the region and could further fuel price appreciation.
Another contributing factor to XRP's price rally is the growing optimism surrounding pro-crypto policies in the US. The recent appointment of pro-crypto regulators has raised hopes for a more favorable regulatory environment for cryptocurrencies, including XRP. This positive sentiment has boosted investor confidence and encouraged buying activity.
Furthermore, Ripple's ongoing legal battle with the US Securities and Exchange Commission (SEC) has also played a role in XRP's price movement. While the case is still ongoing, recent developments have led to increased optimism among XRP holders, as some experts believe that a favorable ruling could significantly boost the price of XRP.
However, it's important to note that the cryptocurrency market is highly volatile, and XRP's price could fluctuate significantly in the future. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.1
In conclusion, XRP's recent price surge can be attributed to a combination of factors, including increased institutional interest, growing optimism surrounding pro-crypto policies, and speculation about an XRP ETF. While the future of XRP remains uncertain, the recent positive developments have ignited investor enthusiasm and driven the price of XRP to new heights.
XRPUSDT Long Setup Setting / Targets and PlansBINANCE:XRPUSDT
COINBASE:XRPUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone - 1.10 - 1.12
⚡️TP:
1.1723
1.2193
1.2660
1.3132
🔴SL:
1.0439
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Alikze »»XRP | Wave 3 bullish supercycle scenarioIn the weekly time, a complex behavior and movements are forming in the ascending phase, which, according to the overall structure, is in the form of an ascent from the beginning of the movement. According to the bottom of the 0.10 range, a 5-wave structural correction has been formed and the upward movement has also gone through a complex cycle and completed this correction in the form of a three-wave at the 0.38 fibo of the previous wave. Therefore, according to the movement behavior in the form of a super cycle, it should be in the 3rd wave of its super cycle. The invalidity limit of the analysis is 0.2867, which can lead to correction of this movement structure up to 0.23 Fibo. Therefore, according to the current structure, which is a complex upward movement in the form of 3 waves, and sharpie movements can be seen from it, it will have the ability to grow up to the specified areas and even higher goals up to the limits of 13-18 and 34 dollars. which should be reviewed and updated step by step.
But in the lower time, it will have the ability to grow up to the supply area and then up to the previous major ceiling.
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xrpbtc eyes up 2000% rise against bitcoinxrpbtc eyes up 2000% rise against bitcoin.
we have some htf levels here (2x yearly) and a 3M OB, all at the quarter channel.
if xrp can make a 2017-esque tare there is a good chance it goes for the htf levels at the upper end where the 0.5, gz and channel top is
Ripple (XRP): 1500% Gain in 16 Days Ripple (XRP) Trade Overview:
Ripple (XRP) has delivered a spectacular performance on the 4-hour timeframe. With the support of Risological Lines and a breakout confirmation from the Risological Swing Trader , the trade has yielded over 150% profit, translating to a 1500% gain with 10x leverage.
Key Levels:
Entry Price: $0.5249
Stop Loss (SL): $0.5054
Take Profit Targets:
TP1: $0.5491 ✅
TP2: $0.5882 ✅
TP3: $0.6274 ✅
TP4: $0.6515 ✅
Ripple Analysis:
Ripple's bullish rally has been perfectly captured by the Risological setup. The green Risological Lines indicated a strong upward trend, and the trade followed through to hit all targets swiftly.
Outlook:
Ripple's momentum remains robust. While traders may choose to secure profits, any continuation in this trend could signal even higher targets. As always, discipline in adhering to the strategy is key to consistent success.