XRP - THE ROAD TO 1.20-1.30$ EXPLOSION FOLLOWED BY CORRECTIONXRP is holding 0.55$ Support area after the recent liquidation.
If it maintains at this level, we can continue with the movement and climb up towards 1$ at least.
The conservative de-risk play, would be around 1.07-1-13$ . While most ambicious one is around 1.20-1.30$.
This triangle is in play and we are in PHASE D. This is why is still have this impulse left towards a dollar and above.
After that, I can say we may visit again the 0.60 territory. This may sound crazy, but this is how the overall cryptomarket is looking.
We are in the Wave 3. Once this finishes, Wave 4 corrective, A,B,C comes. Therefore, we must prepare to capitalize even more.
**PREPARE NOW. GET INTO POSITIONS. HOLD AND DO NOT DOUBT**
Ripple
🔥 BTC/USDT - Ready for LONG ?By checking the Bitcoin chart in the 2-hour time frame, we can see that the price is still correcting in the range of $42,300 as we expected, and it even managed to fall to $41,300! I hope you have made the most of this analysis! If the price stabilizes above $41,300, I expect that Bitcoin can grow to levels above $44,700 this time, and the mid-term targets of this cryptocurrency will be $45,900 and $47,450, respectively!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
XRP - I Believe This Count Explains Why It's Taking So Long...In preparation for the upcoming significant bull market rally for XRP, my objective is to formulate an exceptionally bullish interpretation without compromising the analytical integrity. I believe I have achieved this with my latest perspective, elucidating the reasons behind the choppy price action since the commencement of the downtrend in April 2021. Employing the AriasWave methodology, I meticulously detail each wave, adhering to the established guidelines that elucidate the downward trajectory since that pivotal period. While I initially mentioned discussing the XLMXRP crosspair chart in this video, I've decided to reserve that topic for the subsequent video.
XRP Whale Shifts 28 Mln XRP To Bitstamp; Price To Hit $0.64?In a significant development that has sent ripples through the crypto community, a whale executed a massive shake-up in their XRP holdings, transferring millions of dollars worth of XRP coins in the last 24 hours.
The development indicates a surge in CRYPTOCAP:XRP whale activity while sparking speculation about its potential impact on the altcoin’s price and the crypto market.
Whale Transfers 17 Million Worth of XRP to Bitstamp
An anonymous whale on Tuesday moved 27.7 million XRP tokens from an undisclosed wallet—worth nearly $17.26 million at current market prices—to Europe-based cryptocurrency exchange Bitstamp. The transaction was flagged by blockchain tracker Whale Alert. However, CoinGape couldn’t confirm whether the whale in question was an individual or a company.
Furthermore, on Jan 1, at least 800 million XRP tokens were locked in escrow at Ripple – the company behind the XRP cryptocurrency – according to Whale Alert. Since Ripple controls more than 50% of XRP’s total supply, many argue that Ripple’s blockchain is more centralized than that of its peers.
The enormous transaction, involving over 27 million XRP tokens, is not an isolated incident. Whale Alert has flagged several such transactions involving XRP in the past, with whales offloading a significant amount of their XRP holdings last year. Last December, CoinGape reported that whales relocated over 70 million XRP tokens, valued at over 45 million.
XRP Price Surges 2%, Is $0.64 Within Reach?
The influx of XRP tokens into crypto exchanges signals that the investors are planning to sell the asset. However, that remains unclear as it’s difficult to ascertain what happened to the asset once it reached the exchange. At press time, the XRP price stood at $0.634, up more than 2% in the last 24 hours. It could be reasoned that XRP whales are on the move to lock in profits amid the recent price rally.
RIPPLE - Price can exit from pennant and continue to declineHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Some time ago price bounced from $0.6085 support level, which coincided with support area, and started to trades in flat.
In flat, Ripple rose to top part, but soon made correction back to $0.6085 level, after which it made upward impulse to resistance level.
Also then, price exited from flat and later bounced from $0.6400 level, making fake breakout and starting to fall.
XRP declined to support level, and at once made impulse up higher than $0.6400 level, but later it declined back.
As well, price started to trades in pennant, where XRP continues to trades near support line now.
In my mind, Ripple can rise a little and then bounce down to $0.6180, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP LOOKS BULLISHConsidering the lack of drop in the timeframe we have considered, XRP seems to be in the build-up phase for another jump. Because the movement after the intended pattern was not realized
The previous scenario is declared expired and we have no bias on the analysis. The previous scenario was diametric, but we may be facing a symmetric one, which means that xrp is not ready to drop yet.
By maintaining the green range, it can move towards the specified TPs.
The safe buy range is the green range, which allows us to have a logical buy/long setup on xrp.
Do not enter the position without capital and leverage management and stop setting
🥂 Happy New Year! Here's to 2024 and a Goodbye to 2023! 🥂🥂 It's with pleasant thoughts and a blissful peace that I'm happy to write up these few words for you guys, I can't believe today's the last day of 2023 and soon enough we'll be in 2024.
🥂 It is with great honor and pleasure that I'm able to say it's been a good year, sure it's had it's moments and could have been better but it's in those good moments that I learned a lot and gained some great memories. I'm grateful for my family, my kids, my blessings and more. This year has taught me to be grateful and count my blessings amongst all things else.
🥂 I wish nothing but the best for each and every single one of you guys as well as trading view which has allowed me to have this wonderful community, it's crazy to think that less than a year ago this family had less than a dozen people, and now I've got 684 followers or family members as I like to call you guys! It's been a crazy run up but I can't wait to see what the next year holds in store for us! I've got a feeling it's gonna be something especially worth.
🥂 For a quick technical aspect on things, we're still trending with this sort of back and forth wave between 0.60 and 0.65 as we keep getting smacked down whilst breaking 0.65. If I had to guess, as usual it'll likely be some more news that will be our catalyst for a rise and break past 0.65 but regardless I've got no complaints. I'm happy to keep stacking and sitting patiently. After all, patience is a virtue.
🥂 With this being my last post of the year. I'd like to wrap up this year on a happy note and give my blessings and thanks for each and every single one of you guys, this year will do us all much good, I know it and we deserve it. Here's a quick toast to each and every single one of you guys, let's wrap up 2023 and make the most of 2024! Till then, see you all next year!
~ Rock '
Ripple can make one more correction move and then bounce upHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price started to decline a downward channel a few times ago, where it broke the 0.6800 resistance level, which coincided with the seller zone, and then fell to the 0.5900 support level, which coincided with the buyer zone. Also soon, the price broke the 0.5900 level too and declined to support line of the channel, after which it rebounded and made a strong upward impulse to the resistance level, thereby exiting from the channel and starting to trades in the range. After this movement, Ripple rolled down from the seller zone and declined to the support level in the range. But a not long time ago, XRP rebounded from this level and in a short time rose to 0.6580 points. And recently, the price bounced down and now I think that Ripple can one more time a little decline and then continue to move up. So, that's why I set my target at the 0.6600 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Ripple can break trend line and then fall to $0.6050Hi folks today I'm prepared for you Ripple analytics. A few days ago price rebounded from the support level, which coincided with the support zone and made a strong impulse up to 0.7000 points, thereby breaking the 0.6450 level. But after this, XRP in a short time declined back, and even fell to the support zone, after which it at once rebounded and started to rise. When Ripple rose to the resistance level, which coincided with the resistance zone, it made impulse down to the trend line, breaking the 0.6050 support level. Then the price bounced from this line and started to move up back and soon, it broke the 0.6050 level again, made a retest, and later rebounded up to the resistance level. After XRP reached this level, it made a correction to the trend line and then reapeted movement up to 0.6450 level, but recently it fell back to the trend line. At the moment price trades near this line and I expect that Ripple can break the trend line and continue to fall to 0.6050 support level, therefore I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
XRP, breakout mode? XRPUSDT / 1W
NEARUSDT / 1W
Hello Traders, welcome back to another market breakdown.
XRPUSDT is one of the charts I'm waiting for confirmation then pul-back. The price seems to be forming a triangle which is a beakout mode.
Checkout the chart for where I would like to get a spot entry.
Trade safely,
Trader Leo.
XRP to breakout to 0.87 for XMAS 12.25.2023 XRP/usdNot sure why there is such low volume on CRYPTOCAP:XRP but the sentiment is still the same IMO.
The Crypto winter is HERE
I think XRP is potentially being manipulated by the alphabet boys SEC.
CRYPTOCAP:BTC is in an upward channel to test 50K
CRYPTOCAP:ETH has broken out to test 2500
Why is CRYPTOCAP:XRP so stagnant???
We have taken out the sub .60 lows, and tested .70 2x in NOV
The confluences are aligning and its only a matter of time before the impulsive bull run.
.81-.87 is the target which is is 1:5 Risk:Reward ratio as posted.
LOAD THE BUS we going NORTH!
*This is not Financial advice, simply my own analysis and opinion DYR*
#XRPtotheMOON
Ripple $XRP Xrp Cup and handle Pattern... Breakout?CRYPTOCAP:XRP currently in a falling channel of it's Cup and handle Pattern!
Current Price: $0.63
A break out of the channel will lead to Neckline resistance (0.71-0.73)
A break above neckline resistance will lead higher resistances: 0.81, 0.89, 0.97
If #Xrp cannot break above neckline resistance then expect a retest of previous supports!
RIPPLE - Price can little decline and then start to move upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price entered in triangle, it first bounced from support line and rose to resistacne line, breaking $0.6520 level.
XRP in a short time declined lower than this level, exiting from triangle and starting to trades in flat.
In flat, price fell to support level, which coincided with support area and even made fake breakout, but soon backed up.
Then Ripple made upward impulse to $0.6520 resistance level, broke it, exiting from flat too, and entered to wedge.
Inside wedge, price fell from resistacne line to support line, but recently it rose to resistance line back.
In my mind, Ripple can fall a little more and then bounce up to $0.6800, exiting from wedge and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP is ready for a new triangleXRP has been forming triangles that start with spikes for a long time. Its conflict with the SEC and lawsuits prevented it from fluctuating and followed a boring chart.
However, with new agreements, XRP continues on its way. In the coming days, news of a new deal or a statement about SEC lawsuits may cause a sudden rise and create a new triangle formation. Because we are about to come to the end of the current one.
HelenP. I Ripple can continue decline to $0.6000 support levelHi folks today I'm prepared for you Ripple analytics. After the price started to rise, it at the sort time reached 0.6600 resistance level, which coincided with the resistance zone and later broke it too. The price rose higher than the resistance zone and rose to the trend line, but soon XRP around down and made a strong impulse down to the 0.6000 support level, which coincided with the support zone, thereby breaking the 0.6600 level. After this, the price bounced from the support level and some days traded near, but also recently Ripple fell below the support zone and then in a short time rose to the trend line, making a fake breakout. As well soo, the price rebounded of this line and at the moment it trades very close. For my mind, Ripple will break the trend line, rise a little more, but then rebound down to the support level, breaking the trend line again. That's why I set up my target at the 0.6000 level. If you like my analytics you may support me with your like/comment ❤️
Ripple ($XRP) Registers With Central Bank of IrelandRipple has registered with the Central Bank of Ireland ahead of the implementation of the MiCA law next year. The company plans to seek a license from Ireland to comply with the new EU-wide regulations for crypto firms. Two months ago, crypto exchange Coinbase selected Dublin as the location for its EU headquarters.
Ripple's recent decision to establish a foothold in Ireland signals a strategic move aimed at leveraging the country's position as a gateway to the European Union. The company, known for its enterprise blockchain solutions, has registered with the Central Bank of Ireland as a virtual asset service provider. This move is not only driven by the desire to access the European market but also to comply with upcoming EU-wide regulations for cryptocurrency firms.
Regulatory Landscape:
Ripple's proactive approach to regulatory compliance sets a positive tone for its operations in the EU. With the impending launch of the Markets in Crypto-Asset regulation, Ripple aims to secure a license from Ireland, allowing it to passport its services to the entire EU, comprising a population of 450 million. This move aligns with the broader trend of cryptocurrency firms seeking regulatory clarity, which, according to Ripple's Senior Vice President Eric van Miltenburg, enhances confidence in the digital assets, payments, and fintech ecosystem.
Coinbase's Precedent:
Ripple's decision to make Ireland its European hub follows in the footsteps of leading cryptocurrency exchange Coinbase, which also chose Dublin for its EU headquarters and secured a MiCA license. The choice of Ireland by both Ripple and Coinbase underscores the country's appeal as a business-friendly environment with tech-friendly policies and a low corporate tax rate. This aligns with the broader trend of major global tech firms, including Google, Meta, and Apple, benefiting from Ireland's favorable business conditions.
Tech-Friendly Environment:
Ireland's reputation as a tech-friendly hub has attracted several major players in the tech and cryptocurrency sectors. Ripple's presence in Dublin since 2022 indicates the company's recognition of Ireland's potential as a strategic location for its operations. The alignment of Ripple and other tech giants in choosing Ireland further solidifies the country's standing as a preferred destination for companies seeking a European base.
Legal Challenges in the US:
Despite its positive strides in Europe, Ripple continues to face legal challenges in the United States. Since 2020, the company has been entangled in a lawsuit with the US Securities and Exchange Commission (SEC). The regulatory body alleges that Ripple engaged in the handling and raising of funds using unregistered securities with XRP, the token integral to Ripple's transaction facilitation network.
Market Sentiment and Potential Impact on XRP:
The ongoing legal battle with the SEC has undoubtedly cast a shadow over Ripple and its native cryptocurrency, XRP, in the US market. However, Ripple's strategic moves in Europe, especially in Ireland, may bring a renewed sense of confidence among investors. The commitment to regulatory compliance and the establishment of a European foothold could contribute to a more positive market sentiment surrounding XRP.
Key Takeaway
Ripple's strategic decision to make Ireland its gateway to the European Union reflects a forward-thinking approach to regulatory compliance and market expansion. While legal challenges persist in the US, the company's endeavors in Europe, alongside the broader trend of regulatory clarity, may position XRP for a potential surge in market value. As the cryptocurrency landscape continues to evolve, Ripple's actions in Ireland could play a pivotal role in shaping the future trajectory of XRP.
Upward ShiftXRP's recent activity on the daily chart revealed a bullish breakout, signaling a potential uptrend.
The breakout led to a swift and significant price increase, indicative of strong buying pressure.
However, this uptrend was soon challenged by a sharp rejection at a higher level, raising the possibility of a reversion to the support level and suggesting the initial breakout might be a fakeout.
For strategic trading, the $0.60 support area, corresponding to the 0.768 Fibonacci level, is a key zone to watch for potential buying opportunities.
Looking ahead, traders might aim for the $0.6365 resistance level, aligned with the 0.5 Fibonacci level, as a short-term target.
This analysis is for informational purposes only and should not be considered as financial advice.