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Ripple

XRPUSD Ripple vs SEC and Technical Analysis Weekly **Fundamental Description: XRP and SEC Lawsuit Update** The ongoing SEC lawsuit against XRP has taken a significant turn as legal developments appear to favor Ripple. Adding to the optimism, there is speculation that if Donald Trump returns to office, SEC Chair Gary Gensler may face dismissal. This potential leadership change could bring a more crypto-friendly approach to regulatory policies, further boosting sentiment around XRP. Such developments, combined with Ripple’s growing use cases, strengthen the market’s confidence in XRP's long-term potential. **Technical Analysis: XRP Price Action** On the weekly chart, XRP has successfully passed the 0.786 Fibonacci retracement level from its all-time high, a notable bullish signal. However, the price is now testing the resistance at the July 2023 high. With two critical resistance levels in play, it’s prudent to wait for the weekly close to see how the price reacts. A clear breakout above these resistances could signal further upside, while rejection might indicate a period of consolidation. Patience is key as the market seeks direction.
BITSTAMP:XRPUSDLong
by vagada
$XRP Historic Breakout IncomingIn all the years I've been trading cryptocurrency, I've never encountered a bull flag that has been forming for a full seven years. Such a phenomenon is virtually unprecedented and could herald one of the most monumental and historically significant breakouts in the crypto market. We may be standing on the threshold of an event that will not only attract the attention of the entire financial world, but may also set an entirely new development vector for the entire crypto industry. This pattern is already starting to break through, this could be the moment that changes everything, opening a new era in the world of digital assets.
KRAKEN:XRPUSDLong
by horbanbrothers
XRP Aiming for a Major Breakout: Could $1 Be Next?With recent legal and political developments spurring optimism, Ripple's CRYPTOCAP:XRP is attracting substantial market attention and could be on track for a significant rally, potentially reaching $1 or even $1.50. The potential for XRP to reach these new highs stems from a mix of technical indicators, supportive fundamentals, and external market catalysts. Here’s what to watch. Legal Wins and Potential Tax Exemptions Pro-XRP lawyer Bill Morgan recently shared insights on a possible price jump to $1, fueled by a series of favorable news for Ripple. Notably, the ongoing lawsuit with the SEC has seen Ripple gaining ground, with a recent court ruling in favor of Ripple and its CEO, Brad Garlinghouse, adding to investor confidence. The looming possibility of a final jurisdictional decision could further benefit XRP’s outlook as it brings the case closer to a potential resolution. Moreover, former U.S. President Donald Trump's proposed capital gains tax exemption for crypto could significantly boost interest in XRP and other U.S.-based cryptocurrencies like ADA and HBAR. If enacted, such a policy would allow U.S. investors to potentially benefit from gains in cryptocurrencies without facing capital gains taxes. This proposal, alongside Trump’s commitment to make the U.S. the "crypto capital of the world," is helping to buoy the market as investors eye XRP as a promising asset. Technical Outlook At the time of writing, CRYPTOCAP:XRP is trading at $0.7122, marking a 3.13% increase within a strong bullish trend. This rally follows a breakout above the $0.71 level, with the next critical resistance zone appearing at $0.89. However, traders should note that the Relative Strength Index (RSI) currently sits at 81.37, signaling an overbought condition. Typically, an RSI above 70 suggests that an asset may be overbought, indicating the possibility of a near-term retracement. In this case, a short-term pullback to the support level of $0.64 could occur before CRYPTOCAP:XRP resumes its upward momentum. Notably, prominent analyst Dark Defender has also identified a series of price targets, predicting that if XRP can hold above the $0.6649 support and surpass $0.74 again, the path toward $1.03, $1.35, and even $1.5 could open up, potentially by next month. Conclusion With a mix of strong fundamental developments and positive technical indicators, XRP's current rally appears well-supported. Investors are eyeing the $1 and $1.5 marks as realistic short-term targets, with broader ambitions for even higher prices in the coming months. However, the overbought RSI suggests caution, as a minor pullback may precede the next surge. If Ripple’s momentum in the legal battle with the SEC continues, and if Trump’s crypto tax proposal gains traction, CRYPTOCAP:XRP could see substantial capital inflows. For now, traders and investors should watch the $0.64 support and $1.05 resistance as key indicators in this unfolding rally.
Long
by DEXWireNews
XRP Prediction Price Breakout & New All-Time Highs? In this video, we dive into an in-depth analysis of XRP's recent price action and what might be in store for the future. XRP has surpassed our initial price targets, breaking out of previous resistance zones and showing strong momentum. With this bullish move, XRP is now setting up for new, higher price targets, and there's a growing possibility that it could reach or even exceed previous all-time highs! In today’s analysis, we’ll cover: - Key support and resistance levels to watch - How XRP's price expansion aligns with market trends - Potential targets for XRP as it eyes new highs 👉 Subscribe for more XRP and crypto analysis, and turn on notifications to stay updated on the latest market moves!
Long
by SerenityEquity
2
Ripple (XRP)Ripple needs no introduction, an open-source, permissionless and decentralized technology which offer low-cost, speed, scalability and inherently green attributes as well as featuring the first decentralized exchange. Also, Ripple news about legal battle with the SEC increased its popularity; although, the final outcome of these courts battle can determine its long-term direction. Anyway, it can be seen from the chart that XRP loves to make big triangle-shaped pattern, mostly descending ones. And after each ones, XRP's price soared. XRP also broke its last descending triangle pattern and went upward, albeit a little. But it seems for the XRP to soar, we need to wait for the legal battle results. Let's see what happens.
BINANCE:XRPUSDLong
by SaeedSalehinia
1
Eyeing $0.80 and $1.00 Targets📊 XRP is approaching a potential breakout from a long-term descending triangle pattern. The current price action is building pressure near the resistance trendline, indicating a possible upward move if a breakout occurs. 🔑 Key Target Levels: First Target: $0.80 - If XRP breaks above the trendline resistance, the $0.80 level may serve as an initial resistance. Second Target: $1.00 - A psychological and historical resistance level; a break above $0.80 could push XRP towards this level. Support Levels: 🔴 Primary Support: Around $0.54 - This level provides strong support if XRP fails to break out and experiences a pullback. 👉🏼 A confirmed breakout above the triangle pattern could lead XRP to test $0.80 initially and then potentially aim for $1.00. However, failure to break above the resistance may lead to a retest of support near $0.54 before another attempt at an upward movement. Note: This analysis is provided for informational purposes only and should not be taken as a buy or sell signal.
by MonoCoinSignal
1
Ripple's Bullish Trend Holds Above 100-SMA with Target at $0.565FxNews — Ripple gained 3.7% today, trading around $0.533, testing the upper line of the bearish flag and the 50-period SMA. On the 4-hour chart, today's price jump created a bullish Fair Value Gap, while the Stochastic Oscillator is nearing 80, indicating a potential overbought condition. The RSI has dipped to 65, just below overbought levels. Despite these signals, XRP/USD remains above the 100-period SMA, maintaining a bullish trend. Forecast Immediate support stands at the 50% Fibonacci retracement level of $0.517, backed by the 100-period SMA. If XRP stabilizes below $0.531, the price may fill the FVG near $0.517, possibly reaching $0.511. The bullish outlook holds as long as prices stay above the 100-SMA, with the next target at $0.565 after a brief consolidation. Support: $0.517 / $0.611 Resistance: $0.548 / $0.565
COINBASE:XRPUSDLong
by FxNews-me
Ripple (XRP) Bulls Eye Rebound from 61.8% FibonacciFxNews —Ripple (XRP) began a consolidation phase below the 78.6% Fibonacci retracement level and filled the bullish Fair Value Gap at 0.620. The primary trend is bullish. From a technical perspective, the uptrend will likely resume if Ripple exceeds 0.655. In this scenario, the uptrend could gradually resume toward the $0.7 high. Please note that the bullish outlook should be invalidated if XRP falls below the 61.8% Fibonacci. Article: Ripple (XRP) Bulls Eye Rebound from 61.8% Fibonacci
COINBASE:XRPUSDLong
by FxNews-me
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
2
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
Extremely ugly invh&s currently in play on XRPUSDI have placed the measured move/breakout target line rather arbitrarily here. It wouldn’t surprise me if price action had a pullback or correction to reset some of the indicators before actually breaking above the neckline in which case the measured move breakout line(dotted line) would most likely need to be readjusted lower than where I’ve arbitrarily placed it here iin the process lowering the breakout target as well. Always a possibility that it doesn’t correct in between now and reaching the target though in which case we are looking at a target somewhere around 89-93 cents. I know many who only consider bukowski’s textbook version of an inverse head and shoulders to be one will have their skepticism about such an ugly looking example of an inverse head and shoulders, but n my experience it is the ugliest and most asymmetrical examples of inverse head and shoulders patterns that seem to have the highest percentage of being validated and reaching their full breakout targets. *not financial advce*
BITSTAMP:XRPUSD
by DrDovetail
XRP can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
CRYPTO:XRPUSD
by DrDovetail
2
Ripple (XRP) Technical AnalysisRipple (XRP) retreated from the $0.504 support level (September 6 low), testing the 50% Fibonacci retracement level. Indicators show a bullish bias despite the price being below the 100-period simple moving average. The Awesome Oscillator histogram is green and approaching the signal line from below. Meanwhile, the Stochastic and RSI (14) values are rising, recording 51 and 50, respectively. Immediate resistance is at the 50% Fibonacci retracement level ($0.524). If XRP/USD closes and stabilizes above $0.524, the bullish wave from $0.487 could resume. In this scenario, the next target for buyers might be the 38.2% Fibonacci retracement level at $0.557. Conversely, a bearish trend may be triggered if sellers push XRP below the immediate support at $0.504. If this happens, the price could revisit the October 25 low of $0.487.
COINBASE:XRPUSD
by FxNews-me
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!
BITFINEX:XRPUSDLong
by Lionheart-EWA
10