Ripple
🔥 XRP Fibonacci Game Plan After Massive NewsEveryone has seen XRP do some crazy things yesterday. Won't go into that in this analysis, but we can all agree that it's generally great news for crypto as a whole.
In this analysis I want to take a look at the coming ~2 days and how I will approach XRP. There's a lot of volatility around this token, which is risky, but offers great opportunities.
I'm patiently waiting for the price to make a move to the purple triangle area, between the 0.5 and 0.618 Fibonacci retracements. At the same time, I want to see the 15m RSI hit oversold levels.
In my eyes, this is one of the best potential entries that we can get. Target will be the 0.90 area, with a stop preferably below the 0.618 Fibonacci retracement line.
AW XRP RIPPLE ANALYSIS - We Knew This Would Happen With Proof...Welcome to this video where I discuss the waves and anticipated outcomes based on my prior knowledge. If you disagree with my analysis and believe it to be deeply flawed, I kindly request that you provide supporting evidence instead of simply dismissing it. Furthermore, I have included a link to a video from May 19 below for your reference. Feel free to continue criticizing my views long after you have watched it.
UPDATE: XRP "noy security" reached first target at 0.7018 XRP formed a large W Formation.
The last update I did was waiting for a breakout. We got the breakout and told you this would be a medium to long term trade.
But this was unexpected.
The price rallied to the first target and even higher.
This was after a judge in the Southern District of New York ruled that it’s “not necessarily a security on its face.
Does this mean XRP and other altcoins may soon be deemed commodities?
Will this change the very essence of crypto currencies face value?
Now I don't know what to do with it.
The trend is up, the confidence is up, but we have seen this before with sudden spikes.
Either it turns into a Bubble, comes down to retest a support or continues up.
I need more data before we can make any decisions.
It's ok to close half positions here, raise stop above breakeven and then let it continue to rally.
What do you think?
XRP Bulls Anticipating a Potential Breakout to 0.7 to 0.9XRP bulls are accumulating and signaling a potential breakout. Buyers have been consistently trying to breach the 0.5 resistance level, indicating a higher likelihood of it being broken soon.
This accumulation is suggested by MT Pandora's Box. The bulls are now gearing up to surpass the 0.56 resistance range. If they succeed, the next targets could be 0.69 and potentially even 0.91, depending on the strength of these buyers. Presently, they are rebounding from the weekly support level at $0.45.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Free BTC Long Trade Signal:
To enter, wait for a pullback to take the trade.
(Spot and Futures Trade Scalping Bull )
ASSET: CRYPTOCAP:XRP (XRP/USDT)
???? ACTION: LONG ???? 1st ENTRY PRICE: $0.490, 2nd Entry ; 0.506, 3rd Entry ;0.5075
(Buy Incrementally)
???? STOP LOSS: $0.444(Risky Stop $0.47
???? 1st TAKE PROFIT: $0.56
2nd TP: $0.69 3rd TP: $0.8137(Extended $0.91)
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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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.