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Ripple can decline a little more, after which back up to rangeHello traders, I want share with you my opinion about XRPUSDT. Observing the chart, we can see that the price some days ago price rebounded from the resistance line and started to decline near this line to the 0.5400 resistance level, which coincided with the seller zone. After the price fell to this level, it made a fake breakout of 0.5400 level, after which it turned around and in a short time rose to the resistance line. Then price bounced from this line and made a downward impulse to the support level, thereby breaking the resistance level one more time. Also, XRP started to trades in the range, where soon the price bounced from the 0.5020 support level, which coincided with the buyer zone and started to rise to the top part of the range. When Ripple reached the top part, which coincided with the resistance level, it at once rebounded and in a short time declined to the support level. But a not long time ago, the price bounced from this level and started to rise, but failed and soon declined lower than the support level. So, in my mind, Ripple can decline a little more, after which it turns around and back up to range. After this, the price will make retest and continue to rise. For this case, I set my target at the 0.5200 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
XRP/USDT ascending channel what next? 🚀XRP Analysis💎 Paradisers, it's time to focus on XRPUSDT, as it's currently presenting an interesting pattern with two potential outcomes. 💎 We've noticed #XRP adhering to an ascending channel trajectory. However, currently, there's a shift with the price breaking below the support at $0.5394 within the channel. This suggests that after a possible retest, we might see the price embark on a downward journey, potentially leading to further dips. 💎 On the flip side, should #ripple regain its momentum and continue its ascent, the next target could be pushing beyond the channel's upper resistance.
Long
by MyCryptoParadise_Simon
8
Monthly chart triangle XRP is reaching apex We can see this monthly triangle that xrp has been forming since 2020 is nearing an apex. We can also see that, barring some sort of black swan, XRP is fairly unlikely to stay above 40 cents based on the extremely solid support of the triangles bottom trendline and the fact that the monthly 100 ma is now overlapping that trendline for double reinforced support. The top trendline has the 3 touches needed to be a valid line so it is suggesting a measured move of over $2. Of course being a monthly chart pattern it would likely take may months to reach the full target. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
3
HelenP. I Ripple will little correct and then continue move upHi folks today I'm prepared for you Ripple analytics. If we look at the chart we can see how the price rebounded from the 0.5900 resistance level, which coincided with the resistance zone and started to rise. A few moments later XRP rose to 0.6590 points, and then turned around and fell to the trend line, after which made an impulse down, breaking the 0.5900 resistance level. Then price fell until to the support level, which coincided with the support zone, after which Riplle at once rebounded and tried to back up to the resistance zone. XRP did this, but soon it turned around and started to decline near the trend line, making a fake breakout of 0.5900 level. Later price declined to 0.5080 support level, breaking the trend line, but a not long time ago, it rebounded and rose higher than this line, breaking it again. Now, the price continued to move up and I think Ripple will make a small correction, after which the price turn around and continue to grow. Therefore I set my target at the 0.5650 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3
🔥 XRP'S WEEKLY UPDATE 🔥🔥 Hey! Thanks for stopping by! Appreciate it as always, this should be a quick update and all. 🔥 Before we get started the link and chart of the previous idea is linked below, simply click on the chart and she idea should pop up. 🔥 That being said we did expect a possible further drop if we we're to fail to regained and break back above 0.55. Now looking back we can see that did happen and we promptly got pulled back down into our descending channel. I've extended the channel from the previous idea in blue lines to highlight the new section, it's the same as the previous, simply extended. 🔥 Anyway it's a good thing we had those horizontal level's, can see just how much of an impact those horizontal levels played from that tug a war that happened between the 23rd and 25th at the 0.51 cent level before we slipped down. 🔥 Buyers did pull through though managing to keep us above 0.492 for the lowest dip of the week and above 0.50 by which then we did get that pull back up and broke out from the descending chanenl to break the 0.51 level and that pushed us till 0.539 where we hit another resistance level. 🔥 This sounds simply and all, but simply and dumb as this may sound sometimes, that's simply as it is, the levels do the job pretty well alongside the 200 EMA, it's simply about watching them and seeing whether or not we stay above or fall below one level and understanding that from below that becomes resistance and above it becomes support to put it simple. 🔥 So we've had that happen and Bitcoin's managed to regain some of the losses over the past 2 weeks managing to pull up 5.87% this week and reestablish ground above $40,000. The ground feels to be thawing but it's not quite done just yet. Definitely feel free to add any alerts at these levels as we already know they do the deed. I have to go but wanted to give a quick follow up for you guys, hope everything is going well and keep tuned till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
Gemini's XRP Listing Signals Revival: XRP sojourn Beyond Hurdles The cryptocurrency market has been abuzz with excitement as Gemini, the renowned exchange founded by the Winklevoss brothers, recently announced the listing of new CRYPTOCAP:XRP pairs on its platform. The move comes as a testament to the growing interest in the Ripple-associated ecosystem, showcasing resilience in the face of regulatory challenges that once hindered XRP's presence on major trading platforms. The Regulatory Odyssey: The journey for CRYPTOCAP:XRP has been fraught with regulatory hurdles, most notably the lawsuit from the United States Securities and Exchange Commission (SEC) against Ripple Labs Inc. In 2020, the SEC alleged that Ripple sold XRP as investment contracts, leading to the token's delisting from various platforms. The legal battle created a cloud of uncertainty for XRP, but a pivotal moment arrived in July 2023 when Judge Analisa Torres ruled that the token is not a security, marking a turning point for XRP listings. The Domino Effect of Relisting: Following the positive regulatory development, major exchanges started to revisit their stance on $XRP. Coinbase led the way by relisting the token, citing that trading would resume once liquidity conditions were met. Subsequently, Binance U.S., Kraken, Crypto.com, and now Gemini joined the bandwagon, relisting CRYPTOCAP:XRP and offering various trading pairs, including USD, GBP, EUR, CAD, SGD, HKD, and AUD. Gemini's CRYPTOCAP:XRP Perpetuals Listing: Gemini's recent move to list $XRP/GUSD perpetual contracts signifies a continued trend of CRYPTOCAP:XRP relisting across exchanges. This development allows Gemini users in over 30 countries to leverage the new CRYPTOCAP:XRP pairs for managing risk, generating returns, and gaining directional exposure. The inclusion of CRYPTOCAP:XRP on Gemini's platform adds another layer of legitimacy to the cryptocurrency, opening up new avenues for investors and enthusiasts alike. Market Response and Future Outlook: In the wake of Gemini's announcement, CRYPTOCAP:XRP has experienced a significant price gain, currently trading at $0.52, reflecting a 1.67% increase in the past 24 hours. The market sentiment is optimistic, with expectations of a parabolic price rally set to commence in February. This resurgence in CRYPTOCAP:XRP 's value highlights the potential for continued growth and stability in the Ripple ecosystem, emphasizing the importance of regulatory clarity for the broader cryptocurrency market. Conclusion: Gemini's decision to list new CRYPTOCAP:XRP pairs is a pivotal moment in the ongoing saga of regulatory challenges faced by Ripple and its associated token. The move not only reflects growing confidence in CRYPTOCAP:XRP 's compliance with regulatory standards but also signals a broader acceptance of the cryptocurrency within the industry. As CRYPTOCAP:XRP continues to overcome obstacles, its resurgence on major exchanges points towards a promising future, with investors eagerly anticipating further developments in the coming weeks.
Long
by DEXWireNews
RIPPLE - Price can break support level in falling channelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to falt, where it first made fake breakout of $0.6000 level and then backed up. In flat price later rose to top part and then turned around and made strong downward impulse to $0.5000 level. Thereby XRP broke $0.6000 level and exited from flat, after which the price bounced up from the support level and try back up. Price failed and some time traded near $0.6000 level, and later XRP made fake breakout of this level and entered to falling channel. In channel Ripple declined back to support level and a not long time ago price bounced up to resistance line. Now, I think Ripple can bounce from this line to $0.4685, thereby breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
📉 THE FALL. WHAT HAPPENED? 📉📉 Hi, sure you guys are busy and all so I'll keep this idea short and yet important as usual, thanks for tuning in of course. Really do appreciate it as always. 📉 Seems XRP has been dragged down alongside Bitcoin and the rest of the market in a sort of 'buy the rumors, sell the news' event. It's nothing crazy considering we've seen this happen many times before but to see this kind off fall still is never easy to take in. 📉 In my previous idea I added this new descending channel that I had seen form and I did point out that we may end up getting rejected and dragged down further thanks to that channel which is exactly what's happened basically. If you compare the chart below from the previous idea to what we've got currently you can see that's indeed been the case. 📉 And here is the descending channel extended on the 30 minute timeframe: 📉 Anyway with us having been dragged down thanks to the channel and failing to regain our 200 EMA that helped clear the path for bears to drag us further down and ultimately break below our support of 0.56 and 0.55 which saw us even hit 0.526 at one point breaking through our horizontal levels down below as depicted: 📉 So it's not exactly like we've had any bad news but we haven't had any good news either and the fall was only intensified in due part to even more liquidations being executed as Bitcoin dropped out of the 45k point to the $41-42,000 range where it's fighting right now. This alongside the SEC v Ripple case still ongoing with a further developments of which can be read below in the linked article: www.fxempire.com 📉 Investors are basically at a 'not sure' point from what I can tell right now, first thing is that we've been fighting to break back above 0.55 since our fall below thanks again to the descending channel so whether or not we can regain that will simply have to be seen but if we can't then expect a further drop and please pay mind to my horizontal levels in my charts. I haven't added any new levels in a few week and they still do the job just fine, here's more of the levels further below in case you guys would like to add them to your own charts. 📉 I'm leaving the idea there, good news is that we have indeed exited our descending channel so we don't have to worry as much right now with falling down further but the chance is still there, especially as investors grapple with Bitcoin's fall the past couple days since the ETF filings so we're on thin ice right now. I'm sitting and letting the river flow, setting an alert for 0.54 and 0.53 in case we do slip further down should we not regain that 200 EMA. 📉 Leaving the idea there for now but just know that whatever happens over the next few days will mainly be thanks to Bitcoin and XRP is simply going in flow with bitcoin much like the rest of the market is overall, we're use to this we've been here time and time again, and just like we've been here we'll manage and get through things and persevere. All that matters is how much will one has. Thanks for coming by as always, will definitely try to post more this month and ahead, so please keep tuned and feel free to follow and leave a like, really helps me out with these ideas, thanks so much and all the best till then. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
XRP - The Genesis of the Crypto Bull Market Takes Shape...Recent Analysis Suggests a Wave D Scenario Since March 2021, Indicating a Potential Breakout from the Current Range. These Developments Hint at Possible Culmination of Wave 2 Correction, Marking the Onset of a Significant Bull Market in 2025, Following a Projected Major Correction in Stock Markets, Potentially Resulting in Lower Rates and Continued QE Programs. Additionally, Enhanced Bullish Count for Bitcoin and XLM to be Posted Soon.
BITSTAMP:XRPUSD
by AriasWave
XRPUSD: Prepare for massive bullish breakout soon.XRPUSD is almost oversold on the 1D technical outlook (RSI= 36.211, MACD = -0.013, ADX = 34.490) as it is under a LH trendline and trading inside a Channel Down since the November 6th 2023 High. This is an identical price action, also on RSI parameters, with October 2022 - February 2023. On March 21st 2023 the price crossed over the LH trendline aggressively and hit the R1 level. As the pattern since May 2022 is a Channel Up, the upside potential is very high. Consequently we initially target the R1 level (TP1 = 0.9200) and after a pullback to the 1D MA200, we will rebuy and target the top of the Channel Up (TP2 = 1.1500). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSDLong
by InvestingScope
XRP/USDT possible next move? 👀🚀XRP Today Analysis💎 Paradisers, it's time to observe #XRPUSDT closely, as it is making an intriguing move by trading in a demand zone, setting the stage for a potential bullish shift. 💎 Our analysis shows that #Ripple has been consistently following a descending channel trajectory, respecting the channel resistance three times. Currently, there are a few possible scenarios unfolding. If the price can uphold its momentum at the demand level of $0.5365, we might see a bullish move. However, should this scenario not play out, our focus will shift to a potential bullish rebound from a lower demand level at $0.4964. 💎 Another key point to consider is if #XRPARMY continues its downward trajectory and breaks below the demand level of $0.4964, this could lead to a significant bearish movement.
by MyCryptoParadise
Just an ideaJust an idea, you can see Xrp went for $0.1665 to $0.5000 Then snapped back to $0.0085 before ripping up to $3.50 Always watching this coin because we all see it’s huge pontential, with BTC making a pattern to drop and black rock trying to control the market, I imagine we could see a sharp push up to collect, followed by a heavy retracement down before take off. Currently sitting on the side waiting for confirmation of entry, but what we have seen in the past before Xrp takes off is a quick wick down then too the moon. Currently sitting around $0.55 we could see a break downward if it doesn’t hold, however if it does hold we could see a push up collecting before a sharp retracement before take off. Good luck and have fun with it
BINANCE:XRPUSD
by Ncard137
2
RIPPLE - Price can bounce up from support level to $0.5850Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone. Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line. Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel. Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level. XTP fell to support zone, and recently price bounced up, and now it trades near support level. Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon