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Ripple

Ripple may continue to rise right up to the resistance levelHello traders, I want share with you my opinion about Ripple. By observing the chart we can see that a few time ago price bounced from support area and made strong upward impulse to resistance area. Also, Ripple broke resistance level, but it can't fixed and started to decline, forming Elliott Wave. Price declined to mark 0.4900 (1 wave), it at once made upward impulse to mark 0.5400 (2 wave), next price made correction to mark 0.4720 (3 wave), which located below support area, and then bounced up again to mark 0.5400 (4 wave) and also made fake breakout. After all there movements, Ripple fell to mark 0.4965 (5 wave) and recently bounced up and started to grow. In my mind, price can continue to grow and maybe it can rise right up to resistance level. Therefore I set two targets, first - 0.5150 level, after which Ripple possibly can make retest or not, and second target - 0.5300 resistance level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
Crypto XRP/USD (Bears claw) View On XRP(14 May 2023) XRPUSD is in * Bearish in short term (Intraweek) * Neutral in Mid term (1 to 3 months) * Neutral in Long term (3 months onward) We are seeing a strong possible Bearish Pin bar yesterday. Currently 0.50 is acting as strong support but it shall ger broken down soon. 0.47 shall be a next possible "easy" target. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
BINANCE:XRPUSDShort
by SonicDeejay
SEC Lawsuits Against Binance and Coinbase: Unraveling Conflicts Hi Traders, Investors and Speculators of Charts📈📉 In recent developments that have rocked the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against major cryptocurrency exchanges Binance and Coinbase. These legal actions stem from alleged violations related to registration requirements and investor protection. Additionally, a potential conflict of interest has emerged, as former Binance job applicant Garry Gensler now serves as the head of the SEC. This write-up aims to shed light on the sequence of events, the accusations faced by both exchanges, and the implications for the crypto market. A - Binance Faces SEC Charges The SEC filed a lawsuit against Binance, one of the world's largest cryptocurrency exchanges, and its CEO Changpeng Zhao (CZ), accusing them of violating U.S. securities laws. The charges revolve around Binance offering and selling cryptocurrency derivatives to U.S. investors without being registered as a securities exchange. B - Coinbase Sued by the SEC The SEC also sued Coinbase, a prominent U.S.-based cryptocurrency exchange, alleging that it failed to properly register its planned lending product, Coinbase Lend. The SEC argues that the lending product qualifies as a security, and Coinbase should have registered it accordingly. However, Coinbase has filed a counter lawsuit aiming to prove how many times they have tried to reach out to the SEC for clarity. C - Conflict of Interest: Gensler's Connection to Binance Prior to joining the SEC, Garry Gensler reportedly applied for a job at Binance but was rejected. Soon after, he assumed his role as the chairman of the SEC. This situation has raised concerns about potential conflicts of interest, as Gensler now oversees the regulatory actions against Binance. The SEC are basing their entire case of a few key factos: ❗ Securities laws mandate that companies offering securities or related products to the public must register with relevant regulatory authorities. Failure to do so can result in legal action. ❗ Investor Protection: Regulatory bodies aim to safeguard investors' interests by ensuring transparency, disclosure of information, and adherence to applicable regulations. ❗Cryptocurrency Derivatives are still derivatives: Financial contracts whose value is derived from an underlying cryptocurrency, such as futures contracts or options. ❗Cryptos are Securities: Financial instruments, including stocks, bonds, or investment contracts, that represent ownership or participation in a company or enterprise. Implications for the Crypto Market The SEC's actions against Binance, Coinbase and Ripple signal increased regulatory scrutiny in the cryptocurrency space, highlighting the need for compliance with existing securities laws. However, it also points out how flawed the current system is as Garry Gensler basically has autonomy over decisions that may be conflict of interest. His actions are affecting the entire crypto space as well as stifling innovation since the SEC has been so negligent to work with the blockchain community for solutions. Not even to mention the shorts that were opened on both Binance and Coinbase just before the lawsuit news dropped, picked up by on-chain analysis as seen all over Twitter. This confirms and reiterates that politicians and other people in power have insider information on stocks, as was last seen with the Nancy Pelosi case. 💭Although this seems like an attack on blockchain, all of the above proves how desperately the world needs a new system that is unbiased, transparent and fair. With regulators desperately grabbing for strands of power in any way possible, it actually just strengthens the argument for blockchain and a cryptocurrency-based future. And finally, from a trading perspective, these are some decent discounts, hence I'm labeling this post as long. I'll be bagging up because this is a steal for both Coinbase stock and BNBUSDT. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck ________________________________ Sauces: Reuters: "SEC sues Coinbase over failure to register" The New York Times: "SEC sues Binance over securities violations" CNBC: "SEC sues Binance and CEO Changpeng Zhao" Coin Telegraph: "SEC Gensler parallels Binance, FTX sued" BBC: "US regulator sues Coinbase over interest-earning product" CryptoSlate: "Coinbase seeks to withdraw staked ETH amid SEC lawsuit" YouTube: "SEC sues Binance and Coinbase" The Wall Street Journal: "SEC sues Binance and Coinbase: What the charges mean for crypto" NASDAQ:COIN BINANCE:BNBUSDT BINANCE:XRPUSDT PANCAKESWAP:NUTUSDT_9D4097 CRYPTOCAP:BNB
NASDAQ:COINLong
by CryptoCheck-
39
HelenP. I Ripple can bounce up and break resistance levelHi folks today I'm prepared for you Ripple analytics. Price bounced from trend line and broke support 1 level, then continued moving up to next support level, which was located in support area. Reached support 2, Ripple made a little correction and bounced up to resistance area, but at once it made correction. After price rose higher of resistance area, it made donward impulse tp trend line, Ripple tried to back up, but failed. A not time long ago price fell to support area and entered to triangle, in wich XRP continues trades at the moment. Maybe that Riple can fall below support line of triangle and then bounce up. Next price can make correction to this line and continue to grow to 0.5400 level, thereby exit from triangle and break resistance level with area. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
6
XRP long Trade Interesting setup here on XRP. I normally don't trade this coin, but its chart has been showing something very interesting. There seems to be a big move stirring up. Looking at the 2D RSI, we can see that we are oversold. Also, if we look at the past year, we can observe that significant moves have occurred from these RSI levels. Currently, XRP has closed three 2D candles above its old resistance, flipping it to support. This is a bullish sign. Additionally, the 0.75 Fib Fan is holding strong. XRP is exhibiting some very interesting behavior on a macro scale. . It seems to be following a fractal from 2015. I have been monitoring this all year but haven't conducted a technical analysis on the macro outlook yet. However, it seems that a price of $13 by 2025 is very possible. It appears to be quite bullish, similar to the previous one. As always, if you're interested in trading , I would suggest buying XRP3L tokens on Bybit and then sitting back and relaxing. However, keep in mind that XRP tends to have massive swings, so there is a high chance of getting stopped out on normal leveraged contracts.
BITSTAMP:XRPUSDLong
by Sporia
5
XRP - Rejection from a danger zone. Capitulation Likely To Come.Ever since XRP reached its high of $0.585 it has been trying to break higher with no cuccess. If we extend fib. levels form the top to the bottom of $0.41 we can see that the XRP has attempted to break higher tho has been rejected for the second time recently. Rejection from a .786 fib. retracement level is common as it presents a danger zone where prices if get rejected can revers the trend temporary. Given that XRP tends move the last in the market ether to the upside or downside i thing we could be on a verge of a last capitulation as the rest of the market experiences second "flush" taking the whole market a little lower before reversing upwards. A final "flush" is what XRP went trough as SEC filled a lawsuit against Ripple in 2020. RSI is also showing bearish divergences. No one knows how deep can capitulation go but imo. it could go anywhere from $0.41-$0.36. We have to look for a high buy volume which typically a sign of a reversal. DISCLAMER I am not a financial advisor so non of this should be taken as a financial advise. Be well
Short
by CR35
Ripple Multi Time Frame Analysis - weekly chartRipple Multi Time Frame Analysis dear XRPCommunity and Crypto Nation🤗 3/3 - weekly chart: XRP in a symmetrical triangle - bearish target $0.025... bullish target new All Time Highs!!! Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
BITSTAMP:XRPUSDLong
by Crypto4Everybody
18
Ripple Multi Time Frame Analysis - 4 hourly chartRipple Multi Time Frame Analysis dear Crypto Nation - here you are🤗 1/3 - 4h chart: After a bullish EMA20 & EMA200 cross both lines might come close together again at least. A bearish correction to FIB golden pocket and Volume profile to $0.46 would be still healthy. Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
BITSTAMP:XRPUSDLong
by Crypto4Everybody
XRP vs SEC lawsuitThe lawsuit brought against XRP by the U.S. Securities and Exchange Commission (SEC) presents significant challenges for the cryptocurrency, suggesting a potential unfavorable outcome. Several key factors contribute to the argument that XRP may lose the lawsuit: Regulatory Classification: The SEC contends that XRP should be classified as a security rather than a digital asset. This argument stems from the agency's belief that XRP meets the criteria of an investment contract, subjecting it to securities regulations. If the court agrees with the SEC's classification, it could have serious implications for XRP's status and operation. Precedents: Previous cases involving the SEC and other cryptocurrencies, such as the Ripple and Kik Interactive cases, have resulted in unfavorable outcomes for the defendants. These rulings have established a precedent that strengthens the SEC's position and potentially weakens XRP's defense. Investor Protection Concerns: The SEC's primary objective is to safeguard investors and ensure fair market practices. The allegations against XRP, including the sale of unregistered securities and potential market manipulation, align with the SEC's mandate to protect investors. This focus on investor protection may sway the court's decision against XRP. Ripple's Control and Influence: Ripple Labs, the company associated with XRP, has faced scrutiny over its level of control and influence over the token. The SEC argues that Ripple's actions, including the sale of XRP, indicate a centralized entity exerting control, which conflicts with the decentralized nature often associated with cryptocurrencies. This argument could weaken XRP's position in the lawsuit. While the outcome of the lawsuit remains uncertain, the aforementioned factors suggest that XRP may face challenges in defending its case against the SEC. It is essential for XRP holders, traders, and investors to closely monitor the developments in this legal battle, as the verdict will undoubtedly have significant implications for the future of XRP and the broader cryptocurrency industry. It is my belief that in light of the ongoing lawsuit, XRP is likely to face an adverse outcome, resulting in a significant sell-off of the cryptocurrency, potentially driving its price down to the $0.10 level. Looking forward to read your opinion about it.
Short
by TopgOptions
1