💎 BTC/USDT - Bullish or Bearish ? (READ THE CAPTION) By checking the Bitcoin chart in the 4-hour time frame, we can see that based on the previous analysis, the price grew up to the range of $42,200, and then faced a heavy fall and corrected up to $38,500! After that, the price started to grow again and now it has entered an important range of supply in the $42500 zone! If the price stabilizes below this supply range , we will probably see a further drop in Bitcoin! The second (Bullish) scenario becomes valid if the price penetrates above $43,500 and stabilizes, in this case, Bitcoin will reach higher levels such as $45,500, $45,900 and $46,790!
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
Ripple
XRP/USDT ascending channel what next? 🚀XRP Analysis💎 Paradisers, it's time to focus on XRPUSDT, as it's currently presenting an interesting pattern with two potential outcomes.
💎 We've noticed #XRP adhering to an ascending channel trajectory. However, currently, there's a shift with the price breaking below the support at $0.5394 within the channel. This suggests that after a possible retest, we might see the price embark on a downward journey, potentially leading to further dips.
💎 On the flip side, should #ripple regain its momentum and continue its ascent, the next target could be pushing beyond the channel's upper resistance.
HelenP. I Ripple will little correct and then continue move upHi folks today I'm prepared for you Ripple analytics. If we look at the chart we can see how the price rebounded from the 0.5900 resistance level, which coincided with the resistance zone and started to rise. A few moments later XRP rose to 0.6590 points, and then turned around and fell to the trend line, after which made an impulse down, breaking the 0.5900 resistance level. Then price fell until to the support level, which coincided with the support zone, after which Riplle at once rebounded and tried to back up to the resistance zone. XRP did this, but soon it turned around and started to decline near the trend line, making a fake breakout of 0.5900 level. Later price declined to 0.5080 support level, breaking the trend line, but a not long time ago, it rebounded and rose higher than this line, breaking it again. Now, the price continued to move up and I think Ripple will make a small correction, after which the price turn around and continue to grow. Therefore I set my target at the 0.5650 level. If you like my analytics you may support me with your like/comment ❤️
Weekly Ascending ChannelIn the weekly timeframe for Ripple, a distinct ascending channel is observed where the price fluctuates. Responses to resistance area (orange box) and support area (blue box) can be significant turning points in determining the price trend. Currently, XRP is in a correction phase and, if bullish patterns are observed in these areas, an upward trend is expected to continue.
🔥 XRP'S WEEKLY UPDATE 🔥🔥 Hey! Thanks for stopping by! Appreciate it as always, this should be a quick update and all.
🔥 Before we get started the link and chart of the previous idea is linked below, simply click on the chart and she idea should pop up.
🔥 That being said we did expect a possible further drop if we we're to fail to regained and break back above 0.55. Now looking back we can see that did happen and we promptly got pulled back down into our descending channel. I've extended the channel from the previous idea in blue lines to highlight the new section, it's the same as the previous, simply extended.
🔥 Anyway it's a good thing we had those horizontal level's, can see just how much of an impact those horizontal levels played from that tug a war that happened between the 23rd and 25th at the 0.51 cent level before we slipped down.
🔥 Buyers did pull through though managing to keep us above 0.492 for the lowest dip of the week and above 0.50 by which then we did get that pull back up and broke out from the descending chanenl to break the 0.51 level and that pushed us till 0.539 where we hit another resistance level.
🔥 This sounds simply and all, but simply and dumb as this may sound sometimes, that's simply as it is, the levels do the job pretty well alongside the 200 EMA, it's simply about watching them and seeing whether or not we stay above or fall below one level and understanding that from below that becomes resistance and above it becomes support to put it simple.
🔥 So we've had that happen and Bitcoin's managed to regain some of the losses over the past 2 weeks managing to pull up 5.87% this week and reestablish ground above $40,000. The ground feels to be thawing but it's not quite done just yet. Definitely feel free to add any alerts at these levels as we already know they do the deed. I have to go but wanted to give a quick follow up for you guys, hope everything is going well and keep tuned till next!
~ Rock '
Gemini's XRP Listing Signals Revival: XRP sojourn Beyond Hurdles
The cryptocurrency market has been abuzz with excitement as Gemini, the renowned exchange founded by the Winklevoss brothers, recently announced the listing of new CRYPTOCAP:XRP pairs on its platform. The move comes as a testament to the growing interest in the Ripple-associated ecosystem, showcasing resilience in the face of regulatory challenges that once hindered XRP's presence on major trading platforms.
The Regulatory Odyssey:
The journey for CRYPTOCAP:XRP has been fraught with regulatory hurdles, most notably the lawsuit from the United States Securities and Exchange Commission (SEC) against Ripple Labs Inc. In 2020, the SEC alleged that Ripple sold XRP as investment contracts, leading to the token's delisting from various platforms. The legal battle created a cloud of uncertainty for XRP, but a pivotal moment arrived in July 2023 when Judge Analisa Torres ruled that the token is not a security, marking a turning point for XRP listings.
The Domino Effect of Relisting:
Following the positive regulatory development, major exchanges started to revisit their stance on $XRP. Coinbase led the way by relisting the token, citing that trading would resume once liquidity conditions were met. Subsequently, Binance U.S., Kraken, Crypto.com, and now Gemini joined the bandwagon, relisting CRYPTOCAP:XRP and offering various trading pairs, including USD, GBP, EUR, CAD, SGD, HKD, and AUD.
Gemini's CRYPTOCAP:XRP Perpetuals Listing:
Gemini's recent move to list $XRP/GUSD perpetual contracts signifies a continued trend of CRYPTOCAP:XRP relisting across exchanges. This development allows Gemini users in over 30 countries to leverage the new CRYPTOCAP:XRP pairs for managing risk, generating returns, and gaining directional exposure. The inclusion of CRYPTOCAP:XRP on Gemini's platform adds another layer of legitimacy to the cryptocurrency, opening up new avenues for investors and enthusiasts alike.
Market Response and Future Outlook:
In the wake of Gemini's announcement, CRYPTOCAP:XRP has experienced a significant price gain, currently trading at $0.52, reflecting a 1.67% increase in the past 24 hours. The market sentiment is optimistic, with expectations of a parabolic price rally set to commence in February. This resurgence in CRYPTOCAP:XRP 's value highlights the potential for continued growth and stability in the Ripple ecosystem, emphasizing the importance of regulatory clarity for the broader cryptocurrency market.
Conclusion:
Gemini's decision to list new CRYPTOCAP:XRP pairs is a pivotal moment in the ongoing saga of regulatory challenges faced by Ripple and its associated token. The move not only reflects growing confidence in CRYPTOCAP:XRP 's compliance with regulatory standards but also signals a broader acceptance of the cryptocurrency within the industry. As CRYPTOCAP:XRP continues to overcome obstacles, its resurgence on major exchanges points towards a promising future, with investors eagerly anticipating further developments in the coming weeks.
XRP is breaking out of the wedge pattern, but...XRP is making a nice move northward breaking out of the wedge pattern it is currently in, but how long it will last remains to be seen. The indicators seem to indicate it's going to run out of steam in no time. Is it a bull-trap? We're about to find out!
RIPPLE - Price can break support level in falling channelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some days ago price entered to falt, where it first made fake breakout of $0.6000 level and then backed up.
In flat price later rose to top part and then turned around and made strong downward impulse to $0.5000 level.
Thereby XRP broke $0.6000 level and exited from flat, after which the price bounced up from the support level and try back up.
Price failed and some time traded near $0.6000 level, and later XRP made fake breakout of this level and entered to falling channel.
In channel Ripple declined back to support level and a not long time ago price bounced up to resistance line.
Now, I think Ripple can bounce from this line to $0.4685, thereby breaking support level.
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Ripple can rebound from support line of channel and start growHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a not long time ago traded near the 0.5800 resistance level, which coincided with the seller zone, and soon reached this level and later broke it too. After this, Ripple rose to 0.6240 points and then started to decline inside the downward channel, where it in a short time broke the 0.5800 resistance level. But a long time price traded very close to this level and later finally rebounded and made a downward impulse to 0.5215 current resistance level, which coincided with the support line of the channel and resistance area. And the price at once rebounded and rose to the resistance line of the channel, but soon turned around and declined lower the 0.5215 level, thereby breaking it. Also recently Ripple fell below the resistance area, which continues to trades at the moment. So, I think XRP can decline to the support line and then it bounce and start to rise to the 0.5215 resistance level, therefore I set my target at this level. Please share this idea with your friends and click Boost 🚀
Will XRP experience an epic PUMP, or an epic DUMP?The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline.
What do you think?
HelenP. I Ripple will break support level and continue to fallHi folks today I'm prepared for you Ripple analytics. A not long time ago price started to decline inside the downward channel, where it first rebounded from the trend line and declined to the 0.6350 resistance level, which coincided with the resistance zone and soon broke it. After this, the price declined to support line of the channel, after which XRP turned around and rose until to the resistance zone, but cannot fixed and soon made impulse down to 0.5000 points, and at once backed back to the channel, making a fake breakout. Later price rose to the trend line, which is and resistance line of the channel, and then rebounded down to the support level, which coincided with the support zone. Recently Ripple tried to rise back, but failed and now continues to trades near the 0.5250 level. For my mind, XRP will break this level again, but this time RIpple can continue to decline to support line of the channel. That's why I set my target at the 0.4950 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
📉 THE FALL. WHAT HAPPENED? 📉📉 Hi, sure you guys are busy and all so I'll keep this idea short and yet important as usual, thanks for tuning in of course. Really do appreciate it as always.
📉 Seems XRP has been dragged down alongside Bitcoin and the rest of the market in a sort of 'buy the rumors, sell the news' event. It's nothing crazy considering we've seen this happen many times before but to see this kind off fall still is never easy to take in.
📉 In my previous idea I added this new descending channel that I had seen form and I did point out that we may end up getting rejected and dragged down further thanks to that channel which is exactly what's happened basically. If you compare the chart below from the previous idea to what we've got currently you can see that's indeed been the case.
📉 And here is the descending channel extended on the 30 minute timeframe:
📉 Anyway with us having been dragged down thanks to the channel and failing to regain our 200 EMA that helped clear the path for bears to drag us further down and ultimately break below our support of 0.56 and 0.55 which saw us even hit 0.526 at one point breaking through our horizontal levels down below as depicted:
📉 So it's not exactly like we've had any bad news but we haven't had any good news either and the fall was only intensified in due part to even more liquidations being executed as Bitcoin dropped out of the 45k point to the $41-42,000 range where it's fighting right now. This alongside the SEC v Ripple case still ongoing with a further developments of which can be read below in the linked article:
www.fxempire.com
📉 Investors are basically at a 'not sure' point from what I can tell right now, first thing is that we've been fighting to break back above 0.55 since our fall below thanks again to the descending channel so whether or not we can regain that will simply have to be seen but if we can't then expect a further drop and please pay mind to my horizontal levels in my charts. I haven't added any new levels in a few week and they still do the job just fine, here's more of the levels further below in case you guys would like to add them to your own charts.
📉 I'm leaving the idea there, good news is that we have indeed exited our descending channel so we don't have to worry as much right now with falling down further but the chance is still there, especially as investors grapple with Bitcoin's fall the past couple days since the ETF filings so we're on thin ice right now. I'm sitting and letting the river flow, setting an alert for 0.54 and 0.53 in case we do slip further down should we not regain that 200 EMA.
📉 Leaving the idea there for now but just know that whatever happens over the next few days will mainly be thanks to Bitcoin and XRP is simply going in flow with bitcoin much like the rest of the market is overall, we're use to this we've been here time and time again, and just like we've been here we'll manage and get through things and persevere. All that matters is how much will one has. Thanks for coming by as always, will definitely try to post more this month and ahead, so please keep tuned and feel free to follow and leave a like, really helps me out with these ideas, thanks so much and all the best till then.
~ Rock '
Ascending ChannelRipple is positioned within an ascending channel.
As observed, a minor downtrend line has been established within this channel.
Considering the robust support at the bottom of the channel, should the downtrend line be breached, Ripple is likely to undergo a substantial increase.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
XRP - The Genesis of the Crypto Bull Market Takes Shape...Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE Programs.
Additionally, Enhanced Bullish Count for Bitcoin and XLM to be Posted Soon.
XRP Technical Analysis• Ripple, in the weekly timeframe, has developed a triangular pattern, with the lower side acting as a robust support.
• A break above the pattern's upper side would signal the start of a substantial price ascent.
(All analyses will be updated)
This analysis is informational, not financial advice.
BITCOIN on the way to the price of 37,000We have the four-hour chart of Bitcoin, finally, according to our expectations, Bitcoin has reached the demand area, we will probably see the growth of Bitcoin in the short term until the price of 42000, and then we will see its fall from this area, which is the supply area of the four-hour time.
-After breaking the demand area (40500-41300), the next demand area is (39450-39850) and the next area is (37480-37980).
If Bitcoin moves up, we have the supply area (42,380-42,840) to enter selling positions.
🔥 BTC/USD - More Fall Ahead ? (READ THE CAPTION FOR MORE INFO)By examining Bitcoin in the 4-hour time frame, we see that according to the previous analysis, as I expected, the price could not maintain the support of the $41,700 range, and for this reason, it started to fall and corrected to $40,700! Probably, we will see growth up to $42350 to fill FVG before falling further!
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
XRP/USDT possible next move? 👀🚀XRP Today Analysis💎 Paradisers, it's time to observe #XRPUSDT closely, as it is making an intriguing move by trading in a demand zone, setting the stage for a potential bullish shift.
💎 Our analysis shows that #Ripple has been consistently following a descending channel trajectory, respecting the channel resistance three times. Currently, there are a few possible scenarios unfolding. If the price can uphold its momentum at the demand level of $0.5365, we might see a bullish move. However, should this scenario not play out, our focus will shift to a potential bullish rebound from a lower demand level at $0.4964.
💎 Another key point to consider is if #XRPARMY continues its downward trajectory and breaks below the demand level of $0.4964, this could lead to a significant bearish movement.
RIPPLE - Price can bounce up from support level to $0.5850Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️