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Ripple

☄️ XRP CRAZYJUMP! ☄️☄️ Thanks for tuning in as always ladies and gentlemen, this will be short yet concise! ☄️ In yesterday's idea I made the target for us to break 0.5146 and possibly the next level above but it seems like the market had other plans sending us up even further to 0.545 before ultimately reversing. But why? ☄️ There's no news or new developments so this is most likely the result of a short squeeze, that and the fact that volume entered in so quickly goes to show that some whale or institution started a short squeeze which cumulatively knocked out around $2.62 million in shorts bets bringing the total to $3.63 million in the last 24 hours amounting to one of the biggest short liquidations since September began. ☄️ As those short positions get sold and liquidated it helps cause an upside move alongside regular traders or people jumping in upon seeing the spike and taking the chance. That and the fact that the Ripple Party in New York is going down today and there could be some expectations regarding announcements at the party or simply hype. ☄️ This alongside the fact that we are entering into October now, I've told you guys multiple times already this month was just a bad month generally for the market and that we we're looking more towards the next few months and I mean wow, to see a move like this on what's basically the last day of the month excluding tomorrow is wild, not too unexpected but still nice to see in the least. ☄️ Again there's no reason for the spike thus it's likely just a short squeeze and possibly some traders entering in anticipating the slow shift and sentiment change as we exit what is a brutal month historically. ☄️ Said this idea would be short and that's that, If you've been with me this long then chances are you're already holding so you're fine but if you're looking to enter XRP I'd take some caution right now, especially after a big and sudden impulse wave up. We already know and have SEEN just how things commonly tend to go after these big jumps with things usually reversing a bit at least as both bulls and bears get hesitant as nobody's too sure what the next move will be. Below is the 5 minute chart: ☄️ Judging off the 5 minute chart alone can see that we've got the resistance at our 0.53 horizontal level now and unless we we're to break that things look more like we're still set to retrace some more unless we can keep above 0.526 which we've only tested twice so far. ☄️ Either way this is just one of those points to keep an eye and set some alert's if you'd like but again we're looking forward to the future, not the next hour or two. Thanks to those of you that continue to join me on this journey and keep steadfast with me. Appreciate you guys and hope you guys are doing well, thanks for being here, honestly. ☄️ I know I know, short idea, so that's it for today, thanks for stopping by as always, it's been a pleasure and till next, feel free to leave a like and follow, and most importantly, have a great day. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
RIPPLE - Price can make correction to $0.5155 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance line of wedge to support area, which coincide with $0.4930 support level. Then it tried to rise but failed and fell to support line of wedge, where Ripple at once bounced and started to rise. Price rose to resistance line, thereby breaking $0.5155 level, which coincided with resistance area, but soon it declined below. Also, Ripple entered to flat, where it first fell to support level and then bounced up to top part of flat. And recently price made strong upward impulse, thereby breaking resistance level and exiting of flat too. Now I think that Ripple, after upward impulse can make correction to $0.5155 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
3
☀️ XRP QUICK AFTERNOON TA ☀️☀️ It's been a busy week and I don't have much time right now for this idea so I'm keeping things short but it also doesn't seem like you guys mind the short idea's either, some get more likes and some get less so it varies I suppose but regardless thanks for stopping by. ☀️ It's basically been a bit of a tedious week with us even getting close to retesting that 0.492 it's clear that neither side has really gained control between buyers or sellers which has put us in this uncertain position. ☀️ That being said as of currently and most recently we can see how buyers did manage to pull XRP above that pivot point of 0.50 to where we're at now managing to avoid logging any more losses or slides down. That being said though it's obvious some whales or big entity wanted to sink us by the volume alone, selling volume was huge and that tells me some big bears made a shot but in the least to say, they failed. Especially ones buyers entered and sent us reeling back up. ☀️ What matters right now is that we did end up regaining that 200 EMA and climbed back above 0.50 ultimately. It's not just XRP either. Bitcoin itself is up a whopping $800 today so it's more of a general market boost day, even the general stock market heat map is logging a lot of green for the day so it's just one of those days and oh boy did buyers take advantage. ☀️ I have to go but what matters is whether or not we can keep above 0.50 and hopefully break this resistance at 0.51 which is our next target to break. Support point is 0.50 and current target is to break past 0.51 by which then we'll have to hold there and tackle the next opponent at 0.515. ☀️ I have to go but wanted to get at least something quick out for you guys, sorry it's just been a very busy week but thanks for stopping by of course and feel free to leave any likes or follow, just doing what I can. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
10
Ripple can break support line and then fall to 0.4865 levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a few time ago rebounded down from the resistance line of the triangle, which coincided with the seller zone and fell to the support line. Next, Ripple started to rise from this line, which coincided with the 0.4865 support level and rose to the resistance line, where soon bounced and fell back to the support line. In a short time price made a strong impulse down to the support line, thereby exiting from the triangle and breaking the support level, which coincides with the buyer zone. After this movement, Ripple bounced up from the support line and rose back to the 0.4865 support level, broke it, and later made a retest. Then price made an impulse up to the resistance line, which is located in the seller zone, thereby breaking the 0.5185 resistance level and after Ripple reached this line, it started to decline. A few moments ago Ripple declined to support line, where recently price rebounded up and started to trade near the support line. In my mind price can reach the resistance line and then rebound down to the support level, thereby breaking the support line. That's why I set my target at the 0.4865 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
14
XRP still under 3d average as DXY continues breakout apologies again for sound issues at beginning We can see clearly the inverse relationship between DXY and XRP If DXY fails this breakout continuation and instead reverses (failed moves can fail fast).. then XRP can explode up from this 3d 200 average. However, as data is currently showing, there is a lot of downwards pressure being put on XRP and crypto coming into end of September October has historically been a weak month Its no surprise that downward pressure is the data showing coming into end of September. It is not uncommon tho for relief to be found in October start of last quarter before start of a new year. Keep an eye on DXY and US Yields for sign of reversal in order to gain confidence in crypto If US yields continue to rise then it will mount pressure on other weaker currencies and likely lead to a continuation in price of USD. As weve seen that price increase in USD will likely result in devaluation of crypto assets. Must keep an eye on new data as it comes out to be up to date with outlook.
TVC:DXY
by SoftQuant
10
🧊 XRP EXITS THE CHANNEL FOLLOW UP 🧊 🧊 Been a busy weekend with work but we're off now so thought I'd share a short and simple idea, chart speaks for itself overall for the most part. And thanks for tuning in of course for a quick bit. 🧊 XRP has exited from that channel as we wrote about in the previous idea, since then we did indeed end up losing that 200 EMA and that sent us down to the horizontal level of 0.492 before rebounding and finding support above 0.50 right now though whether or not that'll hold will have to be seen of course. Especially since this is the first time we've crossed back above 0.50 since the fall. 🧊 I'd set an alert for 0.50 just to keep an eye since it's a pivot point alongside the matter of that 200 EMA and whether or not we can actually regain it or if we'll fail to and likely slide back down and possibly more depending on how 0.492 does if we retest. 🧊 As usual, the horizontal levels are not new at all, if you know me you know these are pretty old levels and they seem to do the job pretty consistently at keeping tabs on XRP's price action, so if you haven't already, definitely would consider adding some to your charts. I'd like to say my work speaks for itself hopefully, especially the charts, I simply do my best here but I'm grateful to those of you that continue to be here, thank you. 🧊 We're just at a pretty sporadic point right now basically but most of this mainly falls upon Bitcoin and regular retracement as I'd pointed out would likely happen in my XRP's ASCENT idea a few days ago for anyone who'd like to read up on that too which is linked below. 🧊 Just using the ice today as a bit of a chill indicator, been a chilly feeling down here at that 0.50 point basically but just another day is all to us. I have to go but thanks for tuning in of course, appreciate it and all the best till next. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
XRP/USDT is ready to move as seen in the chart with detailsExamining the #XRPUSDT trading pair, the chart articulates a compelling narrative of a potential upward momentum. #XRP seems to have meticulously concluded its formation phase, laying a robust foundation for a foreseeable ascent. A meticulous analysis of the technical indicators and price patterns reflects a price consolidation followed by a constructive breakout. The underlying strength illustrated by relative volume and positive price action propounds a strong case for a sustained bullish trend. Furthermore, the conclusive breach of critical resistance levels delineates a substantial shift in market sentiment, marking the commencement of a new bullish cycle. The Moving Averages and Relative Strength Index (RSI) indicates accelerated momentum and strengthened buying pressure, reinforcing the bullish outlook. The confluence of these technical phenomena accentuates the potentiality of XRP in navigating through the uncharted territories of price levels. This completion of bullish formation is pivotal and, if coupled with coherent market conditions and sustained buyer’s interest, can catapult #XRP to unprecedented heights. Investors and traders should remain vigilant to the evolving market dynamics and align their trades with their risk tolerance and trading strategy. As always, market participants must conduct thorough research and consider various risk factors before making investment decisions, given the inherent volatility and unpredictability of cryptocurrency markets.
BITSTAMP:XRPUSDLong
by drkemalturker
3
XRP Hourly Looking BullishXRP is currently a little harder to read but with many other assets looking like they are ready to turn bullish on the smaller time frames xrp is no different. The daily is also looking bullish for xrp but no bullish divergence on the daily nor the 4 hr. This is an hourly chart and here find some bullish divergence with what is a hopeful new low. Current Trading Plan is a long entry from current price with a 2% stop loss First target will be a 1/3 retrace approximately 10% higher Second target will be a 50% retrace for a nice 25% push up. Trade Well.....
Long
by Degen-Dynasty
HelenP. I Ripple can reach resistance level and try to break itHi folks today I'm prepared for you Ripple analytics. After the price declined to the 0.4865 support level, Ripple in a short time broke it and fell lower. But soon, the price bounced up and started to rise to this level, which coincided with the support zone inside the upward channel. Rippke reached this level, broke it again, and then rose to the resistance line of the channel. When the price touched this line, it rebounded and made a little correction, after which the price tried to rise higher, but failed and fell to 0.4865 support level. Then Ripple bounced from this level and made impulse up to 0.5150 resistance level, which coincided with the resistance zone and soon broke them and rose to the resistance line of the channel. But later, the price declined below the 0.5150 level and not a long time ago declined to support line of the upward channel, where it continues to trade now. I expect that Ripple can rebound to the resistance level and try to break it. After breaks, the price can make a retest, or at once continue to rise inside the upward channel. For this reason, I set my target at the 0.5330 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
XRP with NO space on 3d average ! Big moving incoming !!Space is a important concept to understand as can be played in numerous ways from different angles At the moment theres no space on XRP 3d chart between the 9ema and 200ema. Or relatively little. I think of this like the theoretical big bang. Once something is too condense then expect an explosion at some point where asset price volatility expands out. Not just lack of space that is playable When too much space is created this too is an opportunity. With other considerations in mind (nothing holy.. look for confluence).. too much space shows that price has expanded or extended away from average(s). This is playable (when other conditions are met) in the sense of looking for a mean reversion. Price reverting towards its mean or average(s). Again this is not holy and old averages can be left behind without any reversion but this is uncommon. These are the exceptional paradigm shifts into essentially price discovery mode. First retrace into extended space is likely to have a nice reaction First retrace (into 200) after an extended move can lead to a beautiful bounce or even continuation of space extending. We are in process of building a tool for this too! Make sure to keep an eye out for current data and correspond that to relevant other assets to get a nice insight into which way to be looking.
TVC:DXY
by SoftQuant
11
💥 XRP EXITS THE CHANNEL! 💥💥 Real quick idea today, got some more overtime I'm doing so gotta run but this will be quick. 💥 Can see how XRP has slipped and fallen out of our ascending channel and on our 15 minute chart we can see the impact our horizontal levels continue to play out on trading from that support at 0.50 getting tested before we pulled back up to our 0.514 level on the 15 minute chart which I've linked below: 💥 I said this idea would be quick and it is, watch for that 200 EMA on the 15 minute to see whether or not we regain it but if we fail to then look to that 30 and 45 minute timeframe and keep an eye on the 200. If we lose the 200 EMA on either of those timeframes it'll likely start off a real sell-off, we just barely managed to lose the 200 earlier with that close flyby at 0.50 so bears are definitely taking advantage, especially as we've exited the ascending channel. 💥 Regardless I'm not fretting, whatever happens happens, still just focused on the long term but in the least to see a recovery like this has been real nice to see, even if we we're to fall back, we'll simply climb our way back up as we continue to do. I've got to go but have a great day and all the best till next, have to go work another job! Appreciate you guys and feel free to leave any likes or follows as always, simply helps. Till next. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP Ripple Price Target| Binance vs SEC Lawsuit | Whales DumpingBinance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities. Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market. Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May. The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty. These developments collectively cast a shadow over the cryptocurrency market's near-term prospects. In this context, my price target for XRP is $0.18. Looking forward to read your opinion about it!
Short
by TopgOptions
4
💥 XRP EARLY TA, CONFIRMATION 💥💥 I only have a few minutes, have to run and catch the train for some overtime I'm doing today but thanks for stopping by. 💥 With all due respect, I'd like to say I think my chart speaks for itself for the most part, only thing I've done is extend my ascending channel. In yesterday's idea we focused on the idea that we'd likely get a retracement or some form, especially if we reentered that ascending channel and it did just that even acting as a support as funny as it looks now to see. 💥 Again I don't have much time at all, but the chart speaks for itself. Just as the ascending channel has acted as a support now another possibility is if we lose it or were to slip out and below it expect some possibly sell-off or big sales granted the technical idea of things for some traders will be to exit for one reason or another but just something to note and add these markers to your own charts if you'd like. 💥Sorry I can't share much but I really have to go, thanks and have a great one. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
4
RIPPLE - Price can make correction and then bounce up to $0.5350Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently, price bounced from resistance area to $0.5100 points, thereby breaking $0.5200 resistance level. But then it bounced back and even rose to $0.5450 points, where price started to decline and fell to resistance level. Then price broke this level, entered flat, and fell to $0.4865 support level, which coincides with support area. After flat, Ripple declined lower of $0.4865 level, where later it started to grow inside rising channel. In channel price backed up higher than support level and at the moment, it continues to trade in channel near support line. I think Ripple can fall to support line and then bounce up to $0.5350 resistance line of channel, breaking $0.5200 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
🔥 XRP'S ASCENT 🔥🔥 Thanks for joining me quickly! Gonna be a quick and hot idea here! 🔥 Following up from my last idea we can see how that ascending channel has continued to help XRP in it's push up funny enough. Our channel even acted as a support on the 20th when XRP buying pressure was enough to stop us from reentering that ascending channel and in turn propelled us back up to 0.52 where we're at right now. 🔥 All that is good and all of course but I did want to focus on the fact that we seem to be getting to that point of overextending away from our 200 EMA. For those of you that know me, you know that when we extend and pull away from our 200 EMA it's more often then not that we'll get a pull down by which then we'll eventually meet up with that 200 EMA again. 🔥 We did hit 0.525 but it wasn't exactly natural as we can see it was thanks to some buy entries that sent us up to that point so I'm more firm on 0.514-0.515 possibly being that pivot point. Especially as it'll now meet up with our ascending channel thus it'll either help form a support point or start off a reversal. 🔥 We've had this great rise up thankfully but I'd like to see some healthy retracement soon, after all, we know the higher we go up without some retracement here and there, the harder we can fall. There's no exact science to it other than traders like to see things occur naturally, anything other than natural and you likely won't get a natural result basically. 🔥 Keep an eye on that ascending channel, I'm expecting that we'll likely get some retracement or start off a reversal soon, especially if we come back down and reenter the ascending channel. It's helped act as good support on our way up but it can also act as a pullback now that we've had some action above and outside the channel. 🔥 So even while we're outside the channel it's had an effect on us, so imagine what happens if we reenter it now. If we reenter the channel which will most likely happen then look to the bottom diagonal line of the channel for support, we slip below that and we'll probably lose the 200 EMA and be in for a ride but again that wouldn't be unexpected, we've made it this far after all anyway. Least we know we CAN make gains and some good headwind unlike some other crypto's that are still getting smacked and barely recovering. 🔥 What I'm focused on here is the fact that XRP's recovery has been real good and it's done a good job at that versus a lot of other coins in the market. That being said we're looking at what's likely gonna be the start of a reversal or not if we're lucky but from what past experience, that's my best guess right now. Especially with Bitcoin looking like this: 🔥 Even with XRP doing it's thing if Bitcoin can't break $27,500 which in itself was already crazy enough to hit then some traders will likely start pulling profits or selling out of fear, other factors. We get that and we'll likely lose the 200 EMA soon for Bitcoin which in turn will drag a lot of the market down so want to point that out for you guys. 🔥 I'm chilling as usual though, even for September being the month it is historically, to see a push like this the past week as we wedge closer to October has been nice and good, mainly for the fact that we see there's still confidence in the crypto market even with everything that's happened the past few weeks. And that's what I've focused on. Long term as always we're still just sitting back and letting the waves go about. What happens happens, we're just focused on the future, not the next minute or two. 🔥 Have to go do some stuff as usual, life's pretty busy as usual but I'm happy to share something quick at least, so thanks for joining and hope everything's going well, appreciate you guys joining me for a bit as always, keep well and leave any likes or follows if you want, simply helps me out. All the best. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
Ripple can break resistance level and then continue to riseHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few days ago declined below the 0.5175 resistance level, which coincide with the seller zone, but soon it rebounded up to the resistance line of tringle, and then the price started to decline. Ripple declined to the support line, which coincided with the 0.4865 support level, and at once started to rise to the resistance line. After the price reached the resistance line, it bounced and made a strong downward impulse to lower the 0.4865 level to 0.4600 points. But then Ripple started to move up inside the upward channel, where it rose higher of the support level, which coincided with the buyer zone and reached the resistance line of the channel. Then the price made a correction to the support line and later made an upward impulse to the resistance line, breaking the 0.5175 resistance level, but some time ago Ripple declined below this level, where it continues to trade now. In my mind, the price can break the resistance level again and then make retest. Also, Ripple can continue to move up to the resistance line of the channel. For this case, I set up my target at the 0.5325 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
11