Get started

Rippleusdt

Ripple Faces New Legal Hurdles Amid XRP’s PerformanceRipple Labs finds itself under renewed legal scrutiny as plaintiffs in the class action lawsuit, In re Ripple Labs Inc. Litigation, filed appeals with the Ninth Circuit Court. The ongoing legal battles surrounding Ripple and its native token, XRP, continue to cast a shadow over the cryptocurrency’s prospects despite its significant market performance in recent months. The Legal Landscape Proposed Order to Deny Ripple’s Bill of Costs Plaintiff Bradley Sostack has filed an objection to Ripple’s bill of costs in a California district court, proposing an order to deny the company’s request to cover litigation expenses. This move underscores the persistent contention in the lawsuit, with plaintiffs challenging Ripple’s earlier favorable judgments, including those regarding summary judgment and claims under California law. Upcoming Deadlines Adding to the complexity, the principal brief in the high-profile Ripple vs. SEC case is due on January 15. This timeline aligns closely with speculation about SEC Chair Gary Gensler’s potential last-ditch efforts to impose additional regulatory challenges on Ripple before his anticipated departure on January 20. Ripple’s Strategic Developments While legal battles rage on, Ripple has continued to innovate. Recent developments include the launch of the RLUSD stablecoin, further cementing its ambition to dominate blockchain-based financial solutions. However, this progress has been somewhat overshadowed by the ongoing litigation. Technical Analysis From a technical standpoint, XRP’s price dynamics reflect the broader market sentiment influenced by the lawsuit: - Current Performance: At the time of writing, XRP is trading at $2.40, experiencing a 1.37% decline within the past 24 hours. - RSI Weakness: The Relative Strength Index (RSI) is hovering around 50, signaling a lack of clear momentum. This aligns with the market’s cautious approach amid uncertainty surrounding the legal outcomes. - Bearish Reversal Pattern: XRP appears to be forming a bearish reversal pattern, suggesting a potential decline if market sentiment doesn’t improve. Fundamental Perspective XRP has been a standout performer, with a 400% rally in recent months attributed to Ripple’s victories against the SEC and its strategic moves in the financial ecosystem. Despite this, the token remains vulnerable to the ongoing legal challenges and regulatory scrutiny. Key Considerations: - The outcome of the appeals and the SEC’s principal brief could significantly impact XRP’s market trajectory. - Ripple’s ability to continue its technological advancements, such as expanding its stablecoin ecosystem, will be crucial in maintaining investor confidence. Conclusion Ripple’s legal battles represent a pivotal moment for XRP and the broader cryptocurrency market. While the token has shown resilience with impressive gains and innovations like the RLUSD stablecoin, the uncertainty surrounding its legal status continues to weigh heavily. Investors should keep a close watch on the January 15 deadline and the broader implications of regulatory actions under the SEC’s leadership transition.
by DEXWireNews
Ripple could hit its highest price in 6 years XRP's RSI currently sits at 72. This indicates a renewal of bullish momentum. Ripple CMF is currently at 0.05, down from 0.10 when its price peaked at $1.63 a week ago, reflecting reduced capital inflows. At 0.05, XRP’s CMF indicates slight bullish sentiment. EMA lines remain bullish, with short-term lines positioned above long-term ones, signaling an ongoing uptrend. However, the narrowing gap between the lines suggests weakening bullish momentum, indicating a possible trend reversal. If buying pressure strengthens and a new uptrend forms, XRP price could retest its recent high of $1.63. Breaking this level could push the price to $1.70, marking its highest value since 2018.
Long
by paul_endeo
XRP down as traders cash out. Brief analysisXRP has witnessed a surge in selling activity since it climbed to a three-year high of $1.63 on November 23. Currently trading at $1.41, the altcoin has since noted a 13% price dip. According to Santiment’s data, over the past seven days, XRP’s realized profits have totaled $1.84 billion, the highest since April 2021. XRP currently trades at $1.41, above support formed at $1.33. Sustained profit-taking activity by token holders will pull XRP’s price to test this support level. If it fails to hold, the downward trend strengthens, and the XRP price dip may extend to $1.28. On the other hand, this bearish projection will be invalidated if buying activity resumes. This may push XRP’s price toward revisiting its three-year high of $1.63.
by paul_endeo
1
XRP: bulls vs bearsCertainly, after three years of a steady downtrend, XRP’s resurgence sparked renewed FOMO in the market. On the day XRP hit $1, active accounts on the XRP ledger surged to a yearly high of around 48K. However, within just a week, that number has dropped to 30K, reflecting a 37.5% decline. These abrupt exits have disrupted the momentum needed to break the $2 barrier, leading to a more than 2% decline after it crossed the halfway point two days ago, with XRP currently priced at $1.46 (at the time of writing). However, if the bulls lose confidence in XRP’s long-term potential, a pullback to around $1 could form a local bottom, offering an attractive entry point for new traders looking to capitalize on a rebound. This places Ripple at a crossroads, where the next move will define whether the momentum will build toward $2 or retrace to new entry points around $1. The coming days will likely show which side takes control in this tug-of-war. However, the bulls’ drive to keep XRP from falling after so many challenges gives them a strong psychological edge. With continued confidence, the likelihood of breaking $2 grows, as bulls work to reignite FOMO in the market.
by paul_endeo
XRP (Ripple): Resistance BreakoutTrade setup : Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.67 resistance to signal continuation of uptrend, with +15% upside potential to $0.75 next, or 2) pull back near $0.50 support for another swing trade entry in Uptrend with upside potential back to $0.67. Learn risk management in Lesson 9. Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Long
by altFINS
XRP (Ripple): Pullback in UptrendTrade setup : Price is in an uptrend. Following a a bullish breakout from Falling Wedge pattern, price broke above $0.57 key level. However, it got overbought (RSI > 70), which was followed by a pullback on some profit taking. We would be buyers on pullbacks to $0.50-$0.55 support zone, with +30% upside potential back to $0.67 resistance. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67.
Long
by altFINS
1
XRPUSD BULLISH MONEY HEIST PLANMy Dear Robbers / Traders, This is our master plan to Heist XRPUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
BITFINEX:XRPUSDLong
by Thief_Trader
XRPUSD Ripple/US Dollar Bearish Side Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist XRPUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: Day traders & Scalpers If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
COINBASE:XRPUSDShort
by Thief_Trader
1
XRP: Approaching ResistanceTrade setup : Price is in a downtrend. Price needs to break above stiff resistance area: horizontal $0.55 resistance and 200-day moving average (~$0.58) to resume an uptrend. Pattern : Price is Approaching Resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Down and Long-term trend is Strong Down. Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.55, then $0.65.
Long
by altFINS
Cryptolean Ripple XRP Update Yesterday, XRP dipped to below the key daily support at $0.593 and we need to wait for today's daily candle closure. I would like to avoid a sustained price action below $0.593. An inability to sustain the price action above $0.593 will lead to a decline to $0.543 and we will see a considerable slow down in the price momentum. A bullish break-out of $0.593 will result in a re-test of $0.65-$0.675 zone. Intraday chart In the 4-Hour chart of XRPUSDT, the #Ripple coin is in the bearish territory and teasing the intraday support at $0.586. A bullish rejection of $0.586 could push #RippleXRP price for a re-test of $0.618, and possibly higher to $0.68. A ibearish break-out of $0.586 will result in another bearish dip towards $0.519-$0.547, the next key intraday support zone.
by Trade-Lean
2
XRP showing a beautiful cup & handle pattern on 4hr/Daily chart.XRP is showing a very nice cup & handle pattern on the 4hr, and hourly chart. I think we could see a very powerful breakout in the coming weeks. If so, this could trigger a short-squeeze that literally blows people's minds, as a large percentage of XRP is being held short right now. There's also a nice bullish divergence in on the hourly chart that I'll show in the comments below. Always trade with confidence, never trade with fear, and always use a stop!
Long
by MetaShackle
2
The XRP hourly chart showing a bearish divergence.The crypto market as a whole has been moving up nicely recently. XRP has gained some ground, even though it hasn't moved near as much as most other cryptos. It is now showing a bearish divergence on the 1 hour chart, which could be a sign we're going to see a pullback. I'd recommend caution here regardless of the cryptos you hold, just because we've seen seen many of them move significantly as of recent. Keep your eye on Bitcoin to be your primary indicator. Good luck, and always use a stop loss.
Long
by MetaShackle
XRP: Ascending Triangle BreakoutRipple (XRP) technical analysis: Trade setup : Bullish breakout from Ascending Triangle pattern, above 200-day MA and $0.55 resistance, could signal resumption of uptrend with upside potential to $0.68. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.45. The nearest Resistance Zone is $0.55, then $0.68, and $0.92.
Long
by altFINS
XRP: Bullish Pennant BreakoutRipple (XRP) technical analysis: Trade setup : Following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level also acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Price has consolidated in a Pennant pattern but broke out of it bearishly (below support), which could open up further downside to $0.55 support next. Fibonacci Retracement support levels are $0.70 (50%) and $0.56 (78%). Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Neutral on Short-Term basis and Uptrend on Medium- and 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 $0.55, then $0.45. The nearest Resistance Zone is $0.68 (previous support), then $0.92.
Long
by altFINS
1
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? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
28