Ripplebtc
XRP looking to explode in BTC value!!Xrp has pushed up once again to test this long term downtrend resistance and with a big altcoin wide push we are surely able to cut right through this resistance. Aswell Xrp has been showing incredible strength being among top performers in the markets recently even while being suppressed by the SEC. I believe the time is coming for XRP to explode i believe we will beat the SEC case and just that news alone could send XRP to the moon, aswell as every exchange relisting XRP would case a mega tsunami of FOMO. We are currently still 107% away from the 0.2 Long term FIB Level! i think XRP is a great project and crypto in general they have great technology and could be a huge benefit to the cross border payment system and banking system. All just my opinion DYOR and not financial advice!
XRP/BTC Falling Wedge. Timeframe 1 week.The timeframe on the price chart is 1 week. On a large scale, the price has formed a falling wedge. The price is at the resistance of this formation (the resistance of the secondary downtrend). A breakout of this resistance would mean the final reversal of the trend and the fall of the “non-ecological” opposite. It is also necessary to understand that the price before important events can move along the breakout zone of this trend.
The chart shows important local support / resistance levels and trend levels, on which the further development of the price movement will depend. Today is 0 4.21 .2021.
Updates to previous works for this trading pair.
The entry point was set at the minimum price values of the trend immediately before its reversal. Term 1 day.
The beginning of the emergence of this trend before the impulse
Result + 286% to the resistance zone of the downtrend.
XRP sluggish recovery could delay upswing to $2
Ripple stalls short of $1.5 after rebounding from areas around $0.85.
Consolidation will likely take precedence based on the prevailing technical picture.
Ripple attempted to extend the up leg past $1.5 on Tuesday, but bulls hit a wall at $1.47. A minor correction occurred with the price sliding under the 100 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, XRP trades at $1.39 while bulls battle the immediate moving average resistance.
The short-term technical picture brings to light a potential sideways trading action. This follows the Relative Strength Index (RSI) on the four-hour chart stalling slightly under the overbought region. The indicator levels at 60 imply that the tug between the bears and the bulls is at a stalemate.
Similarly, the Moving Average Convergence Divergence (MACD) indicator affirms the consolidation period. The indicator assumes a leveling motion in the positive region, thus the possibility of the sideways trading taking over.
It is vital to note that the MACD line (blue) has settled above the signal line, which means that buyers still have the upper hand. Therefore, making a confirmed break above $1.4 may validate the uptrend. On the other hand, breaking above $1.5 could trigger more buy orders as speculation mounts for gains beyond $2.
On the flip side, another daily close under the 100 SMA could see the overhead pressure mount. On the downside, correction from the current price levels may retest the support at $1.2 if the 50 SMA does little to stop the losses. If push comes to shove, XRP may freefall to $1 and perhaps retest the primary support at $0.85.
Ripple intraday levels
Spot rate: $1.4
Trend: Sideways trading
Volatility: Low
Support: $1.2 and $1
Resistance: $1.5
XRP/BTC. Local work. Now is an important momentLocal work on a given trading pair. The timeframe on the price chart is 1 day. On a large scale, the price has formed a falling wedge. Part of it is shown in the graph. The price is at the resistance of this formation (the resistance of the secondary downtrend). A breakout of this resistance would mean the final reversal of the trend and the fall of the “non-ecological” opposite. It is also necessary to understand that the price before major events can move along the breakout zone of this trend.
The chart shows important local support / resistance levels and trend levels, on which the further development of the price movement will depend. Today is 0 4.21 .2021.
Previous work updates for this trading pair.
The entry point was given at the minimum price values of the trend just before its reversal. Timeframe 1 day.
The beginning of the emergence of this trend before the impulse
Result +286% to the resistance zone of the downtrend.
Larger timeframe. 1 week. XRP / BTC Falling Wedge.
XRP Look's Bullish To MeXRP is looking bullish to me pack your bag's we are at take off.
what I expect is one of 2 things to happen
1. (Orange) ABC Pattern
to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price.
or
2. (White) 12345 Pattern
Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 +
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
XRP, Ripple - when to buy❓The best scenario for Ripple: we'll make a sharp re-low of the key level and start to build a range near to the resistance line. If it happens, it will be a great breakout pattern. Now I don't see an entry point for buying.
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
XRP commences bullish comeback toward $2
Ripple resumes uptrend as bulls shift their focus from defense to hitting highs above $2.
The MACD and other short-term technical levels hint at the uptrend catching momentum.
XRP must hold the price above $1.4 to sustain the price action heading to $2.
Ripple trades at $1.41 following a 10% gain in 24 hours. The cross-border token has consistently rebounded from the support at $1.12. Earlier this week, XRP was rejected marginally above $1.5. Therefore, this is a second attempt to break the barriers toward $2.
Ripple’s technical breakout builds momentum
The four-hour chart has brought into light a descending parallel channel. The pattern has controlled the downward price action since the rejection ranges close to $2. The channel’s lower boundary support played a crucial role in stopping losses from extending under $1.
Moreover, Ripple held onto the middle boundary, as discussed on Tuesday. The support allowed buyers to concentrate on lifting above the upper boundary resistance. In the meantime, Ripple has crossed above the channel’s hurdle as well as the 100 Simple Moving Average (SMA).
On the upside, Ripple bulls have a task to sustain the uptrend above $1.4 and to close the day above the 50 SMA resistance. Here, more buyers would be called into the market as speculation builds for an upswing beyond $2.
Other technical indicators such as the Moving Average Convergence Divergence (MACD) reinforce the bullish comeback by recovering the ground toward the mean line (0.00). Crossing into the positive region will be a powerful bullish signal. The MACD line has already crossed above the signal line, adding credence to the narrative.
Ripple intraday levels
Spot rate: $1.41
Trend: Bullish
Volatility: Low
Support: $1.4 and $1.12
Resistance: $1.5 and $1.6
Ripple price falls fast toward $1 as cryptocurrencies bleed
Ripple has continued to lose ground from April highs around $1.95 toward $1.
Breaking under the descending channel’s middle boundary’s support could trigger massive losses toward $0.9.
Ripple was one of the best-performing cryptocurrencies in the first two weeks of April. The cross-border token made giant slides not seen since the breakdown in December when the United States Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs and its top executives for selling unregistered tokens to raise funds.
Ripple revisits key support areas
Ripple suffered a rejection near $2 last week. However, support at $1.6 ensured that the bearish advances were checked while market stability protected. However, volatility swept across the market on Sunday, leaving most investors wrecked.
Bitcoin dropped close to $50,000 from highs above $60,000 while Ethereum extended the bearish leg to $2,000. The international remittance token hit lows around $1.12 before a reflex recovery pulled XRP slightly above $1.5.
Nonetheless, the entire cryptocurrency market has continued to suffer under the aggressive bears’ hands. Ripple is back to seeking support at $1.2 while holding firmly to the descending channel’s middle boundary support. The 100 Simple Moving Average (SMA) is also in line to prove the much-needed refuge, in turn, averting potential losses toward $1.
The Moving Average Convergence Divergence (MACD) indicator affirms that the slightest resistance path is downward. This indicator tracks the asset’s trend and measures its momentum. The MACD line (blue) is stuck under the signal line, adding credence to the bearish outlook.
Ripple intraday levels
Spot rate: $1.28
Trend: Bearish
Volatility: Low
Support: 1.2 and the 100 SMA
Resistance: $1.4 and the 50 SMA
XRP is one of best alts from our golden list. +250% in month! 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as +250% in XRP in last month! 🚀
We also published the XRP analysis some time ago here - those who benefited from it are surely satisfied now. :)
Many people didn`t believe in XRP but we knew from the beginning that it is just matter of time when XRP will explode.
What we are doing now?
We are still holding our huge package of XRP.
Is it still good time to buy?
We believe that XRP will go higher in long-term. However you must decide by yourself if you believe in XRP or if you prefer to invest money in coin which didn`t made 250% in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40. After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
XRP is one of best alts from our golden list. +250% in month! 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as +250% in XRP in last month! 🚀
We also published the XRP analysis some time ago here - those who benefited from it are surely satisfied now. :)
Many people didn`t believe in XRP but we knew from the beginning that it is just matter of time when XRP will explode.
What we are doing now?
We are still holding our huge package of XRP.
Is it still good time to buy?
We believe that XRP will go higher in long-term. However you must decide by yourself if you believe in XRP or if you prefer to invest money in coin which didn`t made 250% in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40. After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
XRP is one of best alts from our golden list. +250% in month! 🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as +250% in XRP in last month! 🚀
We also published the XRP analysis some time ago here - those who benefited from it are surely satisfied now. :)
Many people didn`t believe in XRP but we knew from the beginning that it is just matter of time when XRP will explode.
What we are doing now?
We are still holding our huge package of XRP.
Is it still good time to buy?
We believe that XRP will go higher in long-term. However you must decide by yourself if you believe in XRP or if you prefer to invest money in coin which didn`t made 250% in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40 . After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
XRP/BTC, Ripple/Bitcoin - WOW🔥Strong potential pairPrice is near a super-strong key level. It will be good if the price will be in a long range near the level for a fast and big increase. Potential more than 300%. I'm keeping my attention
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
$XRPUSDT Ripple Long Term Target PTs 3-3.90-5-6.50 and higher$420M in leveraged long traders liquidated after XRP rallies to $1.96
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?
XRP holders couldn't have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.
In addition to achieving its highest level since January 2018, this robust price increase signals that investors are not worried about the ongoing SEC "unregistered securities offering" dispute.
However, just 6 hours after rallying to $1.96, XRP price crashed by more than 20%. During an interview, DCG Group CEO Barry Silbert said it would be risky for exchanges and companies in the United States to relist XRP ahead of receiving the SEC's blessing. These remarks may have contributed to the unprecedented $420 million long liquidations on derivatives exchanges today.
Over the past couple of weeks, the primary catalysts for XRP's rally have been victories in Ripple's legal battles. Lawyers representing Ripple were granted access to internal SEC discussions regarding cryptocurrencies, and more recently, a court denied the disclosure of two Ripple executives' financial records, including CEO Brad Garlinghouse.
Considering the recent rally, pinpointing a single reason for the price correction will likely be inaccurate. Nevertheless, the impressive $420 million long liquidations past 24-hours exceed those of Feb. 1 when XRP price crashed by 46% in two hours.
The only logical reason behind this staggering liquidation is excessive leverage used by buyers. To confirm such a thesis, one must analyze the perpetual contracts funding rate. To balance their risks, exchanges will charge either longs or shorts depending on how much leverage each side is demanding.
The chart above shows that the 8-hour funding rate is surpassing 0.25%, which is equivalent to 5.4% per week. Although this is excessive, buyers will withstand these fees during strong price rallies. For example, the current upward price move lasted for almost three weeks, and prior to that another took place in early February.
Blaming the liquidations exclusively on leverage seems a bit extreme, although it certainly played its part in amplifying today's correction.
Moreover, the record growth in XRP futures open interest was accompanied by a hike in the volume at spot exchanges. As a result, the eventual impact from more significant liquidations should have been absorbed by the increased liquidity.
Cascading liquidations will always take place in volatile markets. Thus investors should focus on how long it takes until the price recovers from it.
Fundamentally, a 10% or 20% intraday drop should not be interpreted differently. The correction depends on how many bids were previously stacked at exchange orderbooks and is not directly related to investors' bullish or bearish sentiment.
$XRP $XRPUSDT Ripple PT 2-2.25 and higherRipple executives file to dismiss SEC lawsuit as XRP prices soar
Tailwind of legal wins propel XRP’s market cap past US$70 billion as Ripple CEO and chairman ask court to drop SEC’s charges against them.
On the back of twin legal victories last week as part of pre-trial discovery, Ripple CEO Brad Garlinghouse and chairman Chris Larsen are asking a judge to dismiss the U.S. Securities and Exchange Commission’s lawsuit against them permanently.
According to legal filings on April 12, Garlinghouse and Larsen have submitted motions to U.S. District Court Judge Analisa Torres to dismiss the SEC’s first amended complaint against them with prejudice. If granted, it would end the lawsuit against them and prevent the SEC from refiling the same charges in the future.
“The SEC is straining to invoke a World War II-era precedent about orange groves to the nascent technology around digital assets and blockchain. It does not work in this case, and this effort to destroy Ripple Labs Inc. (“Ripple”), a vibrant U.S. company that has spent years working to develop technology to make cross-border payments faster, cheaper, and more reliable, will be dealt with on summary judgment,” stated Garlinghouse’s attorneys in their preliminary statement, which called the lawsuit “the SEC’s extraordinary decision to sue individuals in the face of years of regulatory uncertainty about how it would try to regulate this new technology.”
In their statement, Larsen’s attorneys said: “The SEC seeks to re
XRP eyes $2 if this crucial support remains unshaken
Ripple defends crucial technical support as bulls resume the uptrend above $1.4.
Price action remains lethargic, but buyers target sending XRP toward $2.
Ripple corrected from the recent yearly high at $1.5 but embraced $1.3. Holding onto this support played a key role in ensuring that XRP resumes the uptrend. Otherwise, the bearish outlook pointed toward a drop to $1.12 or $1. Meanwhile, the cross-border cryptocurrency must defend the critical short-term technical pattern to secure the uptrend toward $2.
Ripple bulls could emerge triumphant
Ripple dances within an ascending parallel pattern, as observed on the four-hour chart. The middle boundary layer provides immediate support. Holding above this vital anchor ensures that XRP remains in the upward trajectory.
The bulls appear to be facing resistance toward $2. The rebound from $1.3 failed to overcome the resistance at $1.8. A break past $1.5 will likely trigger massive buy orders toward $2 as speculation mounts within the XRP community.
The least resistance path is undetermined at the time of writing. The Moving Average Convergence Divergence (MACD) indicator currently moves sideways within the positive region. The MACD line (blue) maintains the position marginally under the signal line. Crossing above the signal line would send a bullish signal as buyers stream in to take advantage of the breakout to $2.
It is worth mentioning that closing the day under the channel’s middle support is bound to trigger significant losses. Support at $1.2 may be tested, but if the price cracks the anchor at the channel’s lower edge, the gravitational force that comes into the picture may extend the bearish leg to $1.
Ripple intraday levels
Spot rate: $1.43
Trend: Sideways
Volatility: High
Support: $1.4 and $1.2
Resistance: $1.48 and $1.5