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Ripplebtc

XRP - what to do next❓🤔There is a lot of uncertainty in the market at the moment. No one can understand what is going on. Has a bear market started or are we still in a bull market? After altcoins have fallen by more than 10% it is dangerous to open any short positions. But that does not mean that the market cannot continue to fall. It is very likely that there will be a pullback or the price will be in a local range. There is an important level and zone of great value on the chart, if Ripple comes to them, it will be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
3
XRP Price Prediction: XRP Struggles At $1.1 XRP price struggles to sustain around $1.1 amid bearish calls that risk another drop to $0.92. The US SEC maintains that the DPP protects its internal documents, and therefore Ripple has no right to request access. Ripple is dancing around $1 after plunging from a September high of $1.4 and testing support at $0.92. The international money transfer token has not made significant progress since regaining ground above $1. A barrier at $1.14 proves an uphill battle to the bulls, who seem to have resorted to playing defense at $1.1. XRP Price Downside Not Exhausted Ripple price did not bottom following the drop to $0.92. Hence, bulls lack the momentum to take on the hurdles at $1.14 and $1.2, respectively. The general technical picture enhances the bearish outlook in the market, implying that XRP could correct further before a formidable recovery comes into the picture. The Moving Average Convergence Divergence (MACD) indicator displays a bearish signal on the daily chart. The call to sell XRP first appeared on August 24 and was later reinforced on September 6. With the MACD moving into the negative region, Ripple is bound to explore lower levels at $1 and toward $0.92. Meanwhile, all is not lost for the bulls when the 50-day Simple Moving Average (SMA) is considered. This moving average played a crucial role in halting the declines last week, allowing buyers to retake control. If it remains in place and unbroken, Ripple will have the chance to fight for gains back to $1.4 without having to drop to $0.92 first. The SEC Deals Ripple A Blow In The Lawsuit A lawsuit seeking to categorize XRP as a security token continues to drag on in the US courts. Ripple is currently requesting access to internal documents from the Securities and Exchange Commission (SEC) to develop a wholesome defense. However, in a letter to Judge Sarah Netburn, the SEC claims that all the documents are privileged and protected by the deliberative process privilege (DPP). The letter states in detail: “Many are also protected by the attorney-client privilege and the work product doctrine. The compelled release of the SEC’s predecisional deliberations relating to digital assets would discourage meaningful deliberation among SEC officials and staff relating to investigations, potential cases, and other regulatory activities taken or under consideration in a field where regulation carries significant consequences for the financial markets.” The SEC continued: “The Court should not pierce the SEC’s DPP and other privileges, particularly when the documents are irrelevant to Defendants’ proffered defense,” the agency continued, adding that “piercing the government’s privilege as a litigant over materials prepared in advance of litigation would be extraordinary and inappropriate.” With the SEC taking a stand against supplying privileged documents, Ripple will likely file a motion to oppose the regulator’s letter on September 28. Nonetheless, Judge Netburn is expected to conduct an in-camera review of the SEC’s internal documents while considering the defendants and the plaintiff’s arguments on the DPP.
BITFINEX:XRPUSDShort
by CoinGape
3
XRP MACD Bullish Cross!!! Win!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ XRP is looking great because on the 2 day chart we have a bulling cross on the MACD, the momentum looks to be shifting to the upside now since it been oversold and low for a while. I expect a bullish month for august for xrp!
Long
by IWealthCommunity
1
Ripple - what's next? A big wave down? 😵😵The Ripple chart shows a strong support level of $0.587. XRP is starting to push towards that level, which signals that the move downward may continue. If the price breaks this level and tests as resistance, it would be a good opportunity to sell. The target for this move is low at $0.5, there might be enough liquidity for buying, if there is a strong volume increase in this variant, you can try to go long. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
15
XRP - You can try to open a trade after a squeeze and retest 🚀XRP, like bitcoin, has not seen significant movement on the chart for several days. The price is currently trading near the bottom of the triangle. It is likely that BTC will go up and altcoins will also go up. If XRP comes to the upper boundary of the triangle and starts consolidating near it, that would be a good buying opportunity, even better if the price breaks through it and tests the triangle as support. If all these factors materialize, Ripple could quickly reach the above targets! Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
10
Ripple going back to the 60 to 40 cents range. XRPUSDT is currently in a strong downtrend as show by the red line of the hull suit indicator. We have a very bearish kumo twist right ahead in the ichimoku cloud, further signalling a continuation of the downtrend. Also, there seems to be a bear flag pattern forming in the last few days. Considering all this, and XRPUSDT past performance, I'm betting for a short-term DUMP that will put us in the 0.6 to 0.3 range for a while.
Short
by CryptoEstratega
XRP looks like it will run on top the next really! Look at XRP today. We are currently crossing our MA resistance and pumping our way higher to the next fibo resistance. So xrp has in the lást months a lot of problems with sec. It looks like we will see some news in the near future regarding the lawsuit. A good conclusion would instantly push the price to new highs. So keep in mind. we are up already 10%. Maybe cost average would be a good way to get the risk away. As always have a nice day and leave a follow for daily news
Long
by wallet_trading
XRP slides beneath $1, but bulls lock eyes on $1.2Ripple remarkably cleared the path to $1 after the nerve-shattering breakdown to $0.65. Moreover, the price lifted to $1.07 before losing momentum. On Wednesday, the primary battle was to keep XRP afloat at $1, although bulls lost the bid. A correction came into the picture, forcing Ripple to explore the area under $1 again. The previous support at $0.9 played an essential role in preventing declines from extending further. Meanwhile, XRP trades at $0.95 amid, as bulls plan another takeover. Ripple eyes another liftoff past $1 XRP bulls might have lost the fight above $1 but remain relentless in the mission to hit higher levels at $1.2 and $1.4. The technical picture currently sends mixed messages, especially with the Moving Average Convergence Divergence (MACD) stuck under in the negative region. This technical indicator identifies positions to buy the dip and sell the top. For instance, a buy signal occurred following the bounce from last week’s support at $0.65. The call manifests by the MACD line (blue) crossing above the signal line. Note that the trend would have tuned massively bullish if the indicator cracked into the positive region. With the MACD line likelihood of sliding under the signal line, the bearish grip will become stronger. A break above $1, a resistance highlighted by the 50 Simple Moving Average (SMA), would call more buyers into the market. A surge in the tailwind force is bound to bolster Ripple past the critical $1.2 level and perhaps resume the uptrend heading to $1.4. Ripple intraday levels Spot rate: $0.95 Trend: Bearish biased Volatility: Low Support: $0.9, $0.8 and $0.65 Resistance: $the 50 SMA, $1.2 and $1.4
BITFINEX:XRPUSDLong
by CoinGape
1