Solana Same Fate As EOS Buyers BewareI just dont want to see people get burned on this thing again. A dump is incoming. Not financial advice.
S-XRP
How XRP got the bullish trend confirmation by Bullish Bngulfing Hello everyone,
XRP is aiming to establish a new price zone between $0.62 and $0.64, which could pave the way for a further rise to $0.71-$0.75.
In this post, I will share with you a clear and easy analysis of the XRPUSDT pair on a 1H chart. As you can see, XRP recovered from the market dump and entered a wide price zone, which indicated a potential upward trend. Before the break of the downtrend line, there were two long-wick candles in the price zone, which showed that the buyers were testing the resistance level. The break of the downtrend line was followed by a strong bullish Engulfing candle, which signaled a reversal of the bearish momentum and a continuation of the bullish trend. I hope you find this analysis useful and informative.
What do you think about this analysis? Do you agree or disagree with it? Please share your thoughts and opinions in the comments below. I would love to hear from you.
Disclaimer: Please note that this is not a financial advice and you should do your own research before making any investment decision
XRP Long Term Bullish OutlookCRYPTO:XRPUSD long term is very bullish.
I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure.
Also outside of technical analysis, xrp or ripple is very good fundamentally and narratively. The narrative of CBDC will be major if the world government implement this globally, i think it will be implemented in 2024 or 2025. It's best to buy XRP now.
XRP TF 1D signal Bullish Engulfing done Yesterdayrules are not to forget to play with Slop loss and break event.
now the potential growth is clear.
but need a security Stoploss in proper low.
until we pass the save zone to let the market move to 1.618 Fibonacci.
I have drawn an example of the cart to explain what will happen. but this is not the confirmation of volume & short-term trader interframe with the market.
what I believe is more volume more changer to grow the market.
this mush happen in less than 17 day. if not we need new counting.
XRP - Ready to go parabolic?XRP has been in an accumulation phase for over a year, we are confident that this accumulation phase will result in a substantial markup phase and so we have been accumulating for a while also. Our long term targets are posted below.
If you were to play it in the short term then we are above a key level from history, possibly the most important one, showing bullish convergence with perfectly poised indicators. The double bottom also shows confidence for buyers. There are two levels to trade in the short term.
Ripple - XRPUSDT - Sleeping GiantGreetings Everyone,
Today we are looking at Ripple's XRP.
Ripple is one of the oldest crypto project and the only project which flipped ETH for second spot in crypto ranking in 2017 bull run and is the only one that came closest to flipping Bitcoin for first spot during the same time period. Although it was a very short period but it happened and it speaks volume.
Later on SEC vs Ripple lawsuit came into play during last bull run which capped the projects adoption and growth potential significantly. Even with that it had 10x growth during last bull cycle peak. Last year, however, Ripple won the lawsuit and XRP had a short lived spike but we were not completely out of the bear cycle lows so it did not amount to much.
This time, with SEC troubles behind us, we expect to have bright days ahead for XRP.
For the last little while XRP has been trending in an up-slopping channel except for a short live spike mentioned before. It still maintains the elite top 10 crypto status which demonstrates the strength of the project and it made a significantly higher low compared to last cycle i.e., its holders have diamond hands. Additionally it has been in the news that there will be ETF filings for XRP in April 2024.
Based on all the history and factors indicated, we expect that XRP start to print great gains soon now that BTC ETF has successfully been approved and the market stagnation due to that is behind us.
Our target for XRP at the peak of bull cycle is around $12 mark which will be 20x return from current price level.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Ripple Initiating $285 Mln Share Buyback
Ripple Labs, a leading crypto-payments firm, is making waves in the financial landscape with its recent announcement of a $285 million share buyback from early investors. This strategic move is set to value the company at an impressive $11.3 billion, showcasing Ripple's confidence in its future growth prospects.
The Share Buyback:
Ripple's decision to repurchase $285 million worth of shares is a bold move aimed at providing liquidity for its early investors. The fact that these investors can only sell up to 6% of their holdings indicates Ripple's commitment to maintaining stability while rewarding those who have supported the company from its early stages. This buyback also includes a substantial allocation of $500 million to cover the costs of converting restricted stock units into shares and addressing associated tax implications.
Valuation and Financial Strength:
The $11.3 billion valuation signifies the market's recognition of Ripple's position as a key player in the crypto space. CEO Brad Garlinghouse revealed that the company holds more than $1 billion in cash and an impressive $25 billion in digital assets, primarily composed of CRYPTOCAP:XRP coins. This robust financial standing not only reinforces Ripple's credibility but also provides a strong foundation for further strategic initiatives.
Regulatory Challenges and Global Expansion:
Despite its success, Ripple has chosen to remain a privately owned entity, with Garlinghouse citing regulatory uncertainties as the reason for not taking the company public in the U.S. This decision reflects Ripple's cautious approach to navigating the evolving regulatory landscape. However, the company has not shied away from international expansion, particularly in Europe and Africa. The dismissal of charges by the Securities and Exchange Commission last October has paved the way for Ripple to explore new markets and establish itself as a global fintech powerhouse.
Future Outlook:
Ripple's forward-looking stance involves additional share buybacks to ensure investor liquidity, demonstrating a proactive approach to corporate finance. As the company expands its footprint in Europe and Africa, it aims to capitalize on the growing demand for innovative payment solutions. With a solid financial foundation, a strategic buyback plan, and a focus on international markets, Ripple is positioning itself for sustained success in the dynamic world of cryptocurrencies.
Conclusion:
Ripple's recent moves, including the significant share buyback and international expansion plans, showcase a company that is not only thriving in the crypto space but also adapting to regulatory challenges with strategic finesse. As Ripple continues to strengthen its financial position and explore new markets, it remains a compelling player to watch in the ever-evolving landscape of digital finance.
RIPPLE - Price can bounce up from support area to $0.6000 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price reached resistance level, which coincided with resistance area, XRP soon broke it and rose higher.
But later price declined back, thereby breaking $0.6500 level again, and started to trades inside flat.
Inside flat, XRP first made fake breakout and then made upward impulse to resistance zone, after which price started to decline.
Later Ripple in a short time declined to $0.5000 points, exiting of flat, and soon it also entered to triangle.
In triangle, price rose higher than $0.5600, but recently XRP reached resistance line and fell to support area.
In my mind, Ripple can break support line, exiting of triangle, and then bounce up to $0.6000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP Long term buy zones - BTC ETF cancelled push down XRPSlow grind for XRP could ensure that we see the lows once more. The upcoming BTC ETF will probably not be approved in one go. As a result, XRP will probably fall along with BTC.
As you can see the bottom line will take us to +/- 0.40$ first buy zone where I buy 10,000$.
If this structure gets broken to the downside, it would probably be a fast wick down and up.
So my second buy zone would be around 0.30$/0.25$. Where I buy another 6,000$.
For a flip to 0.90$ XRP
Please let me know your thoughts in the comments!
XRP Try to Break another Top This is one more update from me, As an XRP Trader I already made an entry from this Area, unless if break a red dot line I need to make an analysis. because this is my Stoploss area.
I predict a good uptrend price will be around the uptrend channel until meets 161.8% Fibonacci
for me, this is a wave C in the early stage this is a potential low price to entry buy. but what can I say this is my method to explore this market.
be careful of market sentiments need more alert on pump & dump.
what I can say XRP is now manipulated by a shark or internal dumper to stabilize the price and push the holder to dump and the whale will be pumped back. that is my opion .
DYOR
BTC - 15m scalp buy opportunityConsider going long on BTC, focusing on a sensible risk-to-reward ratio.
BTC is displaying strong bullish momentum, and the recent downturn appears to be losing steam.
With noticeable bullish price action signs and ample liquidity above the last high, BTC is well-positioned to smoothly climb towards a FWB:48K target.
XRPXrp analysis:
Currently the Price is testing resistance area . This is not a place to buy , we should wait for a breakout and confirmation or We may see a move towards the support area again.
Local support area $0.51-$0.53
Major support area
$0.38-$0.41
Local resistance area
$0.58-$0.60
Major resistance area
$0.69-0.72
DOGE RUN IS OVER! TAKE PROFITS OR HOLD YOUR BAGS TILL 2025!Its clear that the doge run is pretty much over. DOGE is headed back down to $.05 and possibly lower over the next few years to maybe below 1 cent, till the next potential crypto run around 2025. These little pumps from Elon and friends is all just a joke so they can empty their bags and have the liquidity to do it while everyone else is buying in to these hypes. I said this weeks ago if you look at my other chart that this thing needs years to consolidate and correct. It outpaced the market in its run and went straight up and in this market anything that goes straight up comes straight down. Also there is no use case and DOGE is not being used, this is all a hype run and a get rich quick pump and dump. Once the rest of the market starts the next run up DOGE may have a bounce but only in dollar value as everything is pegged to Bitcoin but its BTC/DOGE ration will fall. If you believe in the tech then hold your bags and stop looking at the price. If you are just trying to make some money then this may be the time to get out and take profits if you haven't already or cut your losses if you bought in at the top. Good Luck.
If you have any questions or just appreciate this idea then leave me a comment. Follow me for frequent updates as well and if you have a chart you would like me to look at then let me know. Thank you all and good luck.
NOT FINANCIAL OR TRADING ADVICE JUST MY OPINION.
💥 XRP GETTING READY TO SPRING? READ 💥💥 Been a pretty interesting week everything considered, Bitcoin managed to hit that $45,000 mark only to be hit with a flash crash following a rather innocuous article coming out on behalf of an author from Matrixport who gave their thoughts on why they think the SEC will reject a spot Bitcoin ETF once again which promptly spooked the market into a rather quick sell-off which recovered just as quick. Below is a link to that matrix article for reference.
www.matrixport.com
💥 Main catalyst here was the fact that off that article which spooked investors some whales definitely sold rather large positions across the crypto market prompting the fall which was only sunk further due in part to Long future positions being liquidated which created a domino effect and cascade. We've seen this before and this time was no different. This was Bitcoin's biggest drop in over a month with nearly $700 million in liquidations over the 24 hour period of January the 3rd. Bitcoin accounted for $170 million of that and all of the data is thanks to Coinglass of course. Here's a link below to a reference article.
cryptoslate.com
💥Anyway, that dragged the market down before we got a prompt recovery though that doesn't mean we got out of the waters. Since the drop we've struggled to break back above 0.60 with us then forming this line of resistance helping to make up the current descending triangle we're in at the moment. I've added that in accented black lines below to display the triangle. And below are two option's or cases with breakouts happening to both the upside as well as the upside for visual representation.
💥 A breakout is definitely what traders are waiting for right now, we've seen this time and time before especially with XRP, for whatever reason XRP love's these descending triangles after those big mountain falls and more than likely we'll get a spring back up which could help us see 0.60 broken should traders get that confirmation and regain the 200 EMA which we also have drifted far apart from, a meeting soon could be due. Below is a quick reference to the same descending channel from yesterday:
💥 Also watch 0.571 to 0.584, that's the second horizontal channel since we've fallen and has also been our main resistance at 0.571 since we fell out of that channel itself. We get that break out and break back into the second channel we'll probably have a pretty good chance at facing 0.59 and possibly breaking 0.60 too in the process. Here's a chart of the second channel from yesterday. I wasn't able to finish the post hence the title.
💥 There's no guarantee though, that's just a possibility as always till it happens, so just as we can get that breakout to the upside we can get rejected and get a breakout to the downside past that 0.560 level of support. Personally I see the chances of that being relative low unless we got some new update or negative article out regarding crypto or Bitcoin.
💥 XRP has a lot of support at 0.55 as this flash drop highlighted with that sharp pullback up and has managed to keep above 0.56 ever since then only having it's wick dip down below in a few instances. I'll keep the idea short and leave it here for now, I'm sure you all have a lot going on today but wanted to get some objective thoughts and a couple possible ideas of what our next move's may be looking like.
💥 With that all being said I appreciate you guys for sticking by my side, especially if you've made it this far in the idea. Thanks for taking the time to read some of my thoughts, hope you all are doing great as always, wishing nothing but the best till next! WE got this!
~ Rock '
XRP MASSIVE BEAR FLAG ABOUT TO PLAY OUT TO 16 CENTSXRP chart looks terrible. Volume is dropping, interest is dropping. A massive and obvious bear flag is forming, I dont know how no one can see this and people are still buying this thing. This was just an extended bounce for wave B of this correction from XRP top. XRP is losing strength, it failed to make a new high in the least bull run and is now slowly bleeding out. Its going to take a while to bleed out because of how many bag holders there are and how much silly youtubers keep pumping this thing. Its unfortunate that many are going to lose their shirts on this thing. I used to think that maybe XRP could do some amazing things but after doing more research and looking into on chain metrics I am now convinced this was the biggest pump and dump in history.
It looks like XRP is going to dump hard down to single digit pennies in the not too distant future. What will cause this sort of drop you may ask? Well probably the obvious that the SEC will get their way as they always do and XRP will be considered an unregistered security or another lawsuit and people holding get impatient and dump. Who knows, all I know is that its about to tank. Maybe one more quick fakeout up into the 70 cent range to the top of the bear flag, and then whoosh, pull the rug. It is hitting some really strong resistance right now so Im not sure if it can actually break through this.
RSI as you can see is pointed straight down on the 2 WEEK
MACD also pointed straight down on the 2 WEEK
Not financial advice just my opinion.
HUGE DUMP COMING FOR SOLANA SOL/USD - RIPIm sorry, I hate being the bearer of bad news but I see Solana taking a huge dump. Short term and long term. The top is in, volume dropping interest leaving the project again. Its just a pump and dump so the big bag holders could dump their bags, now all thats left holding is the FOMOers that bought the top and think this thing is going to thousands or whatver they think. Its insanity, this chain is junk and has proven that over the years with how many halts they had on their chain, still waaay too many bugs to work out of this thing. I dont know what the catalyst will be to make it dump this hard but possibly another major outage or a hack of some sort. No one with any significant capital is investing in this thing, maybe trading it and dumping on the kids who are buying it but not holding it for anything longer than that.
As you can see in this correction the way it will play out Solana is going to bounce at the previous supports for a small bounce which will create a head and shoulders and that measured move will be pretty heavy down to low $20 range or even lower possibly $18 before a a pretty decent bounce. After that moves plays out there will be a much larger correction on the higher degree of trend as another much larger head and shoulders pattern is formed. Might sound unbelievable but its not and actually quite likely. Ive seen this way to many times, same exact style of pump and dump over the years with other projects that could never die and are going to change the world. and humanity haha.
RSI is pointed straight down
MACD is pointed straight down
Strong bearish divergence on the daily on the RSI, Momentum, CCI, MFI, and Histogram
A death cross on the daily will also likely form as a result of this drop which will bring it to way new lows. Imminent collapse is likely.
Good luck out there, this is not financial advice just my opinion.
Ripple can exit from triangle pattern and then continue to growHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some days ago started to trades in a downward channel, where it first declined to the support line of the channel, and then XRP rebounded up to the resistance line, breaking the 0.6230 level. But soon, the price bounced from the resistance line and in a short time declined to the support line, breaking the resistance level again. After this movement, Ripple bounced from the support line and rose to the seller zone, but the price couldn't fixed and later made a strong downward impulse to 0.5000 points, thereby one more time breaking the 0.6230 resistance level and exiting from the downward channel. After this movement, XRP started to trades in a triangle, where it bounced from the support line and rose higher than the 0.5565 support level, which coincided with the buyer zone. But a not long time ago price declined back to the support line and now trading near. So, possibly Ripple can break the resistance line, thereby exiting from the triangle, and then will continue to grow. For this case, I set my target at the 0.6050 level. Please share this idea with your friends and click Boost 🚀
Monero - XRM MoonshotMonero is another asset that no one has been interested in for over a year.
Yet there is clear accumulation going on, with a backtest of the old all time high as support as the first low and continuous higher lows subsequently.
You could size this up by having the last low as your invalidation point.
This asset looks incredibly promising, the only doubt is that it is taking a long time to play out, but so did XRP...
Scalp trading (XRP)📊Analysis by AhmadArz:
buy in support reng
🔍Entry: 0.559
🛑Stop Loss: 0.552
🎯Take Profit: 0.567
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
HelenP. I Ripple will fall little and then rebound up to $0.5930Hi folks today I'm prepared for you Ripple analytics. A not long time ago price started to trades in consolidation, where it firstly tried to rise, but soon declined until to resistance zone, breaking the 0.5930 resistance level. But in a short time, XRP rebounded from this zone and some time traded near the resistance level, after which it finally rose to the top part of the consolidation. Then Ripple made little correction, and in a short time rose back to the top part, but later it rebounded from this part and started to decline to the resistance zone. After the price declined to the resistance zone, it broke the 0.5930 level again, and soon XRP made a strong impulse down to 0.5000 points, thereby exiting from consolidation. After this, the price in a short time rose back to the resistance zone, reached the resistance level and recently it started to decline. At the moment, XRP trades below the resistance zone and I expect that Ripple will make one more movement down and then rebound up to the resistance level. That's why I set my target at this level - 0.5930. If you like my analytics you may support me with your like/comment ❤️
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time.
Not financial advice.
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time.
Not financial advice.
Litecoin and Bitcoin Move Together But Play Leap Frog For everyone scared of the price Litecoin is at just look at these charts. I am simply comparing Litcoin price movement to Bitcoin price movement. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did, damn good possibility and then while Bitcoin consolidates Litecoin could start its parabolic rally. Litecoin could move up in that scenario too like it did in 2018. Dont get shaken out, its just the impatient who are freaking out. Litecoin isnt going anywhere. Its the most used chain, its not dead by any means, just the price is not reflecting it at the moment, the price will rise to meet Litecoins value, its inevitable. Smart money invests in Bitcoin and Litecoin, Children invest in Doge and Shib.
Not financial advice
