XRPUSD Our target was smashed and the sky seems to be the limit!Huge success for Ripple (XRPUSD) as following the favorable court ruling, the price smashed the 0.65000 target that we set on our analysis last month (see chart below), and broke aggressively above the (now former) Channel Up:
We need to get to the 1W time-frame in order to understand more effectively the magnitude of this move. With the long Support of the 1W MA50 (blue trene-line), the price has formed a new Channel Up that guides it directly to the top (Lower Highs trend-line) of the multi-year Triangle pattern that XRP has been trading in since the 2018 All Time High. This resembles the Channel Up/ Accumulation phase of 2020 that led to the April 2021 High.
The Triangle however, resembles the pattern of 2013 - 2016, which had a parabolic break-out in 2017 that formed the All Time High. We have attached the break-outs of those two former Channels for projection purposes. The reality is that the XRP has been left so far behind the rest of the crypto market since the 2020 lawsuit, that may very well deliver a proportionally stronger rally as new liquidity gets injected into the market during this Bull Cycle.
As a result we are expecting XRP to reach 2.000 (roughly the previous Cycle High) between December 2023 and January 2024.
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Ripple
XRPUSDT - nice pump i wait next pumpall information i said on video
let's see how to work my idea
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
XRPUSD consolidating inside a symmetrical triangleYou can see xrpusd has been consolidating inside this brown symmetrical triangle since march. Odds favor this breaking upwards but I will await breakout confirmation. My guess is it will have a breakout target somewhere within the vicinity of 70 cents once it does break upward. *not financial advice*
XRP: Price levels and price action analysis Today's focus: XRP
Pattern – Breakout
Possible targets – .90 – 1.00
Support – .52 - .54
Resistance – .90 - .92
XRP soared on Thursday after Ripple Labs won a partial victory in their court case with the SEC. This is a big deal for the crypto industry, lifting the broader market. A judge ruled in favour of Ripple that they didn’t violate federal securities law when selling XRP tokens to the public.
Ripple jumped after this news hit the market and quickly hit .92 before pulling back. In today’s video, we run over the price levels and price action we are watching moving forward after this move.
Have a great day and good trading.
XRP Court Victory ! Ripple's Impact on Crypto Landscape !!The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins.
I think XRP could easily reach $1!
Looking forward to read your opinion about it!
Ripple, quick analysis to invest. XRPUSDTHello guys, Everything is explained on the chart for you like always. The price is currently under the resistance zone So two good points to buy are after a correction to 0.44 and after breakout the resistance and at pullback to 0.55 . The targets will be 0.68 and 0.90 . Observe the capital management and stop loss for any unforeseen event in the market.
Good luck.
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Salam doostan aziz, hame chiz rooye chart moshakhas shode, gheymat felan zire moghavemet hast ama dar sharayet khoob baraye kharid be dide sarmaye gozari hast. 2 noghte kharide khoob baad az eslaah rooye 0.44 $ va ya baad az shekaste moghavemat va pullback be 0.55 $. ahdaaf ham 0.68 va 0.90 hast. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid.
moafagh bashid.
like va follow faramoosh nashe :)
XRP USDT - Double bottom Looks pretty straight forward to me.
XRP to hit 0.49 cents resistance soon with a potential of a double bottom formation.
If it breaks the neckline, the next resistance is also shown in the chart.
The indicators are pretty bullish too:
TLL RSI light up green, still needs some momentum.
Money flow is over 0.10
Volume is picking up
Furthermore; if SEC rules out the case against XRP, I could see it going much higher. Of course we dont know when its going to be finalized, but the CEO today mentioned it could be over by June 2023.
Will follow closely.
Let me know if you think otherwise, or boost if you like please.
Cheers
XRPUSDT → The coin shows strength and bullish activityBINANCE:XRPUSDT is strengthening. The coin is setting up for a possible renewal of the global high, but at the same time, there are no prerequisites for a price exit from the channel right now.
The price is testing the moving averages. After a false breakout or touch, there is a strong bullish reaction.
BINANCE:XRPUSDT continues to recover. A "Flag" pattern is forming on H1. There is a possibility of further growth
The price obtains a local uptrend line support, which is contiguous with the SMA-200, which only strengthens the line.
Consolidation between the levels 0.5078-0.5590 is forming. In the near future the price may test the resistance.
Strong support: 0.5078, moving averages
Strong resistance: 0.5590, channel resistance.
Weekly timeframe shows that the price overcame the strong resistance and the realization of the accumulated liquidity is expected in the nearest future.
I stick to the opinion, that we will go up to 0.5590 and to the channel resistance.
Regards R. Linda!
Ripple XRP price hints at growth that is hard to believeWill the XRPUSDT price surprise us in the near future?
Such thoughts began to spin in my head while watching the "heavy" and long-forgotten BCH being pumped.
At the moment, all the prerequisites for the XRP price to start growing, organizing a way out of the classic consolidation, are visible on the chart. The only thing missing is the initial "magical kick" from big money to set the movement vector.
According to our calculations, the targets for the possible growth of the XRPUSD price are $0.75 and even $0.95, which is already x2 from the current price, which is an unprecedented luxury since 2021)
We can also think about the "conspiracy theory" :) It seems that now there is a "certain capital" allocated, which will be used to pump and "inflate" the liquidity of old and reliable altcoins, before they are announced to be listed on a new exchange "EDX Markets" for "big money trillion-dollar funds"
Since the capitalization of XRP is 5 times higher than, for example, BCH, the price pamp of XRP will be proportionally lower than that of BCH.
That is, conditionally! In recent weeks, $100 million has been spent on accelerating the price of BCH - a result of +200% to the price of BCHUSDT. If the same conditional $100 million is spent on accelerating the price of the "5 times heavier" XRP, the result of +40% will already be a good result!
Do you think that everything is just beginning, and bright times are ahead for the crypto market?
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XRP: A STRAIGHT 100% PUMP.Following a significant legal development favoring Ripple in its case against the Securities and Exchange Commission (SEC), the price of XRP has experienced a notable surge from $0.46 to $0.94. This substantial price movement has generated excitement among Ripple supporters, with heightened expectations for further positive developments in the wake of this news.
The recent ruling represents a significant milestone, concluding a three-year legal battle between Ripple and the SEC. However, it is important to note that this decision has been made at the trial court level, leaving room for the possibility of appeals and potential further legal proceedings.
This development has instilled a renewed sense of hope among Ripple believers, with many perceiving it as the commencement of a positive trajectory for XRP. It will be of great interest to monitor subsequent events and the potential implications for Ripple and the broader cryptocurrency market.
Please bear in mind that ongoing developments in the legal landscape could impact the trajectory of XRP in the future. Therefore, it is prudent to remain attentive to further updates and market dynamics surrounding this matter.
Sincerely,
Team Dexter.
Ripple Breaks Out Of A Triangle And Moves Towards 0.8-1
After a break out of a triangle two weeks back on Litecoin, Ripple now does the same after a huge win in its case against the SEC.
This is also good news for some other ALT coins of course, but don't fall into the "over-crowed" trade here. Price is approaching imp. 0.8-1.0 level.
However, price is approaching some technical resistance here at 0.8-1.00, so dont fall into FOMO. Be aware of a pullback as this can be a bit over-crowded reaction. Everyone are looking to buy now... Elliott wave suggests to wait on a retracement, ideally, next big wave E.
XRP, will history repeat?XRP and the Army.
XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin.
When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history.
When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status.
I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas.
I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart.
I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024.
WeAreSat0shi
Thank you
Ripple is about to shoot up.Through the application of the Hawk Liquidation Theory, and the assistance of AlphaNumero Algorithm, I have determined that BINANCE:XRPUSDT is getting ready for a strong push upwards. I anticipate either one or both of those red target zones to be reached by August.
The first zone is a very high probability, while the second zone is less so, yet still fairly possible.
🔥 XRP Reversing From Strong 2023 SupportXRP has been trading bullish for the majority of 2023, continuously trading alongside a diagonal support.
As of last week, XRP has yet again retested the support line and is currently reversing. My assumption is that this support will hold for the coming months.
For an optimal risk-reward I'm targeting 0.7, but you can also take partial profits around 0.55 in case you want to play it more safe. Stop below the recent swing low.
XRPUSD: Broke above its 1W MA100 for the first time in 15 monthsXRPUSD is having an immense rally today following the latest market news that pushed the price over the 1W MA100 for the first time since April 26th 2022! The 1D technicals are bullish (RSI = 68.180, MACD = 0.000, ADX = 23.552) but should end overbought soon and the R1 (0.65615) is the final barrier before a new parabolic rally starts.
We will use the R1 as a retest level, if the price crosses above it and retests it successfully as Support, we will buy and target the R2 level (TP = 0.8000). It has to be noted that today's breakout not only crossed above the 1W MA100 but also the 1 year Channel Up pattern. Any pull back near the 1D MA50 will be a great buy opportunity.
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Ripple: 1H analysis (LONG🟢)Hi guys
I hope you have used and benefited from the previous analysis.
In the hourly analysis of Ripple, we see an inverse head and shoulder formed at the end of the downward trend, the neck line of which is 0.47. In case of strong breaking of this area, the price can move up to the resistance of 0.481.
If the price crosses 0.462 and then 0.4585, this analysis is invalid.
Ripple can rebound of support level to 0.5000Hello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see that price a few time ago bounced from the support line of the wedge and made a strong impulse up to the support level, which coincides with the support area. After this movement, Ripple made a little correction and then continue to rise to the seller zone, breaking the support level. Reached seller zone, price soon decline to support level, but at once bounced up to resistance line of wedge. Next Ripple made a correction to the support area and then tried to back up to the seller zone, but failed and fell to the support line. And a not long time ago price rebounded of the support line and exited from wedge. Also, Ripple broke the support level and now trades close it. I think it can bounce of the support level and start to rise. For this reason, I set the target at 0.5000 level. Please share this idea with your friends and click Boost 🚀
RIPPLE - Price can exit from triangle and continue to riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price declined to support level, which is located inside support area, and later bounced up.
Ripple rose to resistance level, which coincide with resistance zone and it made a small correction and then bounce to resistance line.
After this price made strong downward impulse to support line, forming triangle pattern and breaking resistance level.
Then Ripple bounced up to resistance level, which coincide with resistance area and line, and at once fell back.
Also recently price bounced to resistance line, where it continues to trade now and I think it can bounce up and break this line.
As well Ripple can make retest and continue to move up to $0.4935 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
✏️ $BTC : Another Fall Ahead ? (READ THE CAPTION)By checking CRYPTOCAP:BTC in the daily time frame, we can see that the price is still in the supply range that we have specified according to the latest update, and after collecting the liquidity above the $31400 range, it has faced selling pressure and now It is trading in the range of $30,200! If the price stabilizes below the range of $30,450 to $31,400, we can expect a drop to lower levels, which will be , $28,450 and $27,040!
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Best Regards , Arman Shaban
XRP: Descending TriangleRipple (XRP) technical analysis:
Trade setup : Price was rejected at $0.55 resistance again and is consolidating in a Descending Triangle, with $0.45 as triangle support level. We wait for a breakout. Bullish breakout could see the price revisit $0.55 while a bearish breakout below $0.45 could signal bearish reversal to downtrend with downside risk to $0.40 next.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.45 (previous resistance), then $0.40. The nearest Resistance Zone is $0.55, then $0.60.
XRP range trading in the box XRP is currently exhibiting a consolidating price action within a well-defined range, indicating a state of indecision among market participants. The key levels to watch closely are a potential break above 0.466, which could pave the way for a bullish move towards 0.48. Conversely, a break below 0.460 might trigger bearish sentiment, potentially leading to a decline towards 0.445. This information is for educational purposes only and is not intended as financial advice.