XRPUSDT.1DBased on the provided market data, the XRP cryptocurrency is currently trading at $0.63 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days is 67.81, 54.85, and 53.09 respectively. This suggests that XRP is approaching overbought territory on the 4-hour chart (RSI above 70 indicates overbought conditions), while the daily and weekly RSI readings are in the neutral zone.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0037, 0.0001, and 0.0306 respectively. This indicates a bullish trend in the short term (4 hours) and a more neutral trend in the longer term (1 day and 7 days).
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.6433, 0.66, and 0.69 respectively. The current price of 0.63 is below the middle band in all cases, suggesting that XRP is not overbought.
The main resistance levels are $0.6681, $0.6720, and $0.6919 for the 4-hour chart, and $0.67, $0.71, and $0.73 for the daily chart. For the weekly chart, the resistance levels are at $0.73, $0.90, and $1.36. On the other hand, the support levels are at $0.6176, $0.5998, and $0.5775 for the 4-hour chart, and $0.60, $0.56, and $0.54 for the daily chart. For the weekly chart, the supports are at $0.56, $0.46, and $0.44.
In conclusion, the technical indicators suggest a short-term bullish trend for XRP, but the cryptocurrency is approaching overbought conditions on the 4-hour chart. Therefore, traders should be cautious about a possible price correction. In the longer term, the trend is more neutral, and the price could move in either direction, depending on market conditions and sentiment.
S-XRP
SOLANA usdt - Weekly🔵 #SOL usdt
⏰ 1W
📅 Dec / 25 / 2023
⚪ As you can see, Solana after it managed to stabilize above $30, it entered an uptrend.
If it stabilizes above $144, the price can reach the orange box.
Support levels are shown in the chart, if reversals the trend.
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📛 Follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell) ⚠️
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👸 Analyzed by : Parisa_Alipoor
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XRP/BTC - XRP: BBand Breakout◳◱ On the $XRP/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001475 | 0.00001525 | 0.00001613 and support near 0.00001387 | 0.00001349 | 0.00001261. Entering trades at 0.00001466 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: XRP
▣ Rank: 7
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Payments - Currencies
▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001466 ₿
▣ 24HVol: 444.655 ₿
▣ 24H Chng: 3.239%
▣ 7-Days Chng: 4.52%
▣ 1-Month Chng: 2.77%
▣ 3-Months Chng: 27.56%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001475 | 0.00001525 | 0.00001613
◢ Support: 0.00001387 | 0.00001349 | 0.00001261
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.06
▣ Last 90D: 1.89
▣ Last 1-Y: 0.93
▣ Last 3-Y: 0.79
◲◰ Volatility :
▣ Last 30D: 0.36
▣ Last 90D: 0.49
▣ Last 1-Y: 0.94
▣ Last 3-Y: 1.18
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.76 - V. Bullish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.66 - Bullish
▣ In-depth XRPBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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XRP → Why is Ripple standing still and when to expect growth?BINANCE:XRPUSDT is underperforming across the board, although fundamentals, are relatively positive. The coin is forming a consolidation. What should we expect from this situation?
XRP is forming a weak, but still bullish trend. On the chart, we see the formation of a sideways movement within a symmetrical triangle. Consolidation inside the ascending price channel.
The price movement is due to the conflict related to the SEC and securities. The crypto community expected the settlement of the conflict or some key news on November 30, but it did not happen. The trial has been postponed to spring 2024, where it is likely to be settled, but there is no clear understanding whose side will win in this situation. If we ignore the SEC, Ripple continues to actively expand and enter into contracts with large companies. Technically, the altcoin market looks very bullish and the more we see the gap between CRYPTOCAP:TOTAL2 and XRP, the tenser the situation becomes.
Support levels: 0.585, 0.493
Resistance levels: 0.648, 0.7325
Until the issue with the regulation of the dispute between Ripple and SEC is over, the coin will continue trading inside the price channel. We expect the price to decline towards the trend support area followed by a rebound towards 0.7325.
CRYPTOCAP:XRP COINBASE:BTCUSD CAPITALCOM:US500
Regards R. Linda!
RIPPLE - Price can little decline and then start to move upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
When price entered in triangle, it first bounced from support line and rose to resistacne line, breaking $0.6520 level.
XRP in a short time declined lower than this level, exiting from triangle and starting to trades in flat.
In flat, price fell to support level, which coincided with support area and even made fake breakout, but soon backed up.
Then Ripple made upward impulse to $0.6520 resistance level, broke it, exiting from flat too, and entered to wedge.
Inside wedge, price fell from resistacne line to support line, but recently it rose to resistance line back.
In my mind, Ripple can fall a little more and then bounce up to $0.6800, exiting from wedge and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRPBTC 1939 Days Trendline breakout?XRPBTC
Since May 15, 2017, the top XRP bitcoin pair has been in a downtrend for over 1939 days with a clear trend line. today #XRP is breaking the multi-year trend in the #BTC pair.
(not confirmed yet)
as long Key support holds no panic( 0.0001570 weekly Base)
Resistance levels(TP)
0.00002170
0.00002772
once this level is cleared then we can look for a higher target, for now, this should do it!
XRP USDT pair looks good as well
The potential target I am looking for is for mid-term $0.55 -$0.61.
With ETH/USD cooling of the big-cap coin should do well.. ada, xlm dot vet... drop some like might drop also more chart for those Cheers.
always do your own research and risk management.
After correction, Ripple can rebound up from support lineHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price a few time ago price declined from the 0.6280 resistance level, which coincided with the seller zone to the support line. After this, the price rebounded from the support line, which coincided with the 0.6000 support level, and in a short time rose to the resistance line of the wedge, but when Ripple reached this line it at once around down and started to decline. Price fell lower than 0.6280 and 0.6000 levels to support line of the wedge, thereby breaking these levels. But soon, the price bounced of this line and made a strong upward impulse to the resistance line, which coincided with the 0.6280 level, breaking the support level again. After this movement, XRP bounced from the resistance line and declined to support line of the wedge, where it continues to trades near. So now, I think that Ripple can make a correction to the support line again and then rebound up to the resistance level, thereby exiting from the wedge. For this case, I set my target at the 0.6280 resistance level. Please share this idea with your friends and click Boost 🚀
XRP Burn Picks Up Steam Amid Intense XAH ClaimsXRP burn intensifies as members of the community go all out in Xahau (XAH) claims involving burning the former for the latter.
According to XRP Ledger (XRPL) explorer, XRPScan, the total number of XRP burns has skyrocketed in recent times following the ongoing Xahau (XAH) token claims period.
XRP Burn: A Notable Concern?
Under general circumstances, burning a particular digital currency is a positive move that can help push the valuation of the asset upward in the future. However, in the XRP burn scenario, the underlying motive behind the deflationary move is tied to Xahau, a sidechain of the XRPL whose native token XAH has been named as a major XRP rival.
According to XRPScan, the release of the Xaman 2.6 upgrade version fueled the massive XRP burn as users gave up their XRP and imported XAH on the Xahau Network. While this is more like an airdrop per its underlying design, the apparent impact on XRP might be outstanding if left uncontrolled.
On the flip side, XRP has an enormous supply of 100,000,000,000 of which more than 99 billion XRP is already in circulation. In comparison, the total supply of XAH per data from CoinMarketCap is a little above 600,000,000, and per the XRP to XAH switch campaign, it is worth noting that not all the XAH supplies are designated for the switch.
This implies that the XRP burn trend will only remove a relatively smaller proportion of XRP with the potential to contribute to increased valuation in the long run. With the launch of Xahau on the mainnet, the Layer-2 sidechain is poised to ultimately enhance the attractiveness of the XRP Ledger and by extension, spur XRP’s growth.
XRP Attractiveness is Growing
In recent times, the attractiveness of XRP has grown by virtue of the highly acclaimed innovative solutions making their way onto the XRPL. Besides Xahau, Evernode is another protocol that has generated enormous intrigue in the XRP ecosystem not for its EVERS airdrop, but for its advanced smart contracts ecosystem.
With the expansion of the XRP Ledger and the growing utility associated with the digital currency as a payment token, XRP has the potential to reclaim its lost price levels, especially after Solana (SOL) surpassed it in market capitalization earlier this week.
XRP flipped bullish to Jan 2024Behold, the phoenix that is XRP has risen from the ashes of its downtrend, a cycle that has held it captive since the dawn of January 23rd, and has now unfurled its wings to embrace a bullish stance. Yet, the year continues to be a labyrinth of challenges, a maelstrom of events unfolding simultaneously, each vying for our attention.
My gaze is firmly fixed on the golden horizon, where the bullish price range of 0.87 to 1.04 glimmers with promise. Yet, in the theatre of financial markets, one must always be prepared for the unexpected. Thus, I stand ready for the worst-case scenario, a retest of the 0.31 mark, which could potentially reset this entire narrative. The future remains a cryptic script, and all we can do is wait and watch with bated breath!
Ripple ($XRP) Registers With Central Bank of IrelandRipple has registered with the Central Bank of Ireland ahead of the implementation of the MiCA law next year. The company plans to seek a license from Ireland to comply with the new EU-wide regulations for crypto firms. Two months ago, crypto exchange Coinbase selected Dublin as the location for its EU headquarters.
Ripple's recent decision to establish a foothold in Ireland signals a strategic move aimed at leveraging the country's position as a gateway to the European Union. The company, known for its enterprise blockchain solutions, has registered with the Central Bank of Ireland as a virtual asset service provider. This move is not only driven by the desire to access the European market but also to comply with upcoming EU-wide regulations for cryptocurrency firms.
Regulatory Landscape:
Ripple's proactive approach to regulatory compliance sets a positive tone for its operations in the EU. With the impending launch of the Markets in Crypto-Asset regulation, Ripple aims to secure a license from Ireland, allowing it to passport its services to the entire EU, comprising a population of 450 million. This move aligns with the broader trend of cryptocurrency firms seeking regulatory clarity, which, according to Ripple's Senior Vice President Eric van Miltenburg, enhances confidence in the digital assets, payments, and fintech ecosystem.
Coinbase's Precedent:
Ripple's decision to make Ireland its European hub follows in the footsteps of leading cryptocurrency exchange Coinbase, which also chose Dublin for its EU headquarters and secured a MiCA license. The choice of Ireland by both Ripple and Coinbase underscores the country's appeal as a business-friendly environment with tech-friendly policies and a low corporate tax rate. This aligns with the broader trend of major global tech firms, including Google, Meta, and Apple, benefiting from Ireland's favorable business conditions.
Tech-Friendly Environment:
Ireland's reputation as a tech-friendly hub has attracted several major players in the tech and cryptocurrency sectors. Ripple's presence in Dublin since 2022 indicates the company's recognition of Ireland's potential as a strategic location for its operations. The alignment of Ripple and other tech giants in choosing Ireland further solidifies the country's standing as a preferred destination for companies seeking a European base.
Legal Challenges in the US:
Despite its positive strides in Europe, Ripple continues to face legal challenges in the United States. Since 2020, the company has been entangled in a lawsuit with the US Securities and Exchange Commission (SEC). The regulatory body alleges that Ripple engaged in the handling and raising of funds using unregistered securities with XRP, the token integral to Ripple's transaction facilitation network.
Market Sentiment and Potential Impact on XRP:
The ongoing legal battle with the SEC has undoubtedly cast a shadow over Ripple and its native cryptocurrency, XRP, in the US market. However, Ripple's strategic moves in Europe, especially in Ireland, may bring a renewed sense of confidence among investors. The commitment to regulatory compliance and the establishment of a European foothold could contribute to a more positive market sentiment surrounding XRP.
Key Takeaway
Ripple's strategic decision to make Ireland its gateway to the European Union reflects a forward-thinking approach to regulatory compliance and market expansion. While legal challenges persist in the US, the company's endeavors in Europe, alongside the broader trend of regulatory clarity, may position XRP for a potential surge in market value. As the cryptocurrency landscape continues to evolve, Ripple's actions in Ireland could play a pivotal role in shaping the future trajectory of XRP.
Upward ShiftXRP's recent activity on the daily chart revealed a bullish breakout, signaling a potential uptrend.
The breakout led to a swift and significant price increase, indicative of strong buying pressure.
However, this uptrend was soon challenged by a sharp rejection at a higher level, raising the possibility of a reversion to the support level and suggesting the initial breakout might be a fakeout.
For strategic trading, the $0.60 support area, corresponding to the 0.768 Fibonacci level, is a key zone to watch for potential buying opportunities.
Looking ahead, traders might aim for the $0.6365 resistance level, aligned with the 0.5 Fibonacci level, as a short-term target.
This analysis is for informational purposes only and should not be considered as financial advice.
XRP Retesting (again) supportRipple coin is retesting (again, fot the 11th times lol) a very strong support area. How much chances are there that it hold again? Honestly alot. We can see a consolidation, maybe a long squeeze, but next it could pump hard till my target. Remember always that XRP pump last, and usually it starts to pump when BTC dump. BTC is dumping so...
XRP/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:-4-hour chart, Ripple’s ascent faced significant resistance around the 0.74 level. Heightened selling pressure in this critical region led to a notable decline, characterized by an extended retracement towards the 0.5-0.618 Fibonacci levels.
Despite subsequent attempts by buyers to push the price beyond the 0.74 threshold, these efforts proved unsuccessful. This price action signifies market uncertainty, with Ripple undergoing a consolidation phase accompanied by low volatility.
substantial support is evident in the price range between the 0.5 and 0.618 Fibonacci levels. A potential decline below this critical range could signal an imminent significant downturn for XRP, and market participants should brace for notable changes under such circumstances.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
XRP is getting ready to go to $1Hello SSE guys,
Ripple in the USDT pair has been create a triangle in the weekly time-frame and now it is ranging the supporting area around 0.65 to 0.55 cents.
If XRP broke out the weekly trend-line and triangle in the next days following targets are available : 0.77, 0.86, 0.92 cents
🔥ARB Hype Wiped Out: Time To Buy and Make 300% Profit?Arbitrum fell by -60% from its highs and liquidated all leverage traders who bought on top. I look for entry point.
The best entry point will be when the price will make a false breakout of the $0.74 key level. But I don't think this will happen. The most expected scenario is when the price just test the green accumulation areas as the support and continue its growth.
💥 the time is coming for this ETH ecosystem altcoin.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis:- XRP is also bullish and managed to book a 5% increase this week. However, the resistance at 68 cents is still to be broken before this cryptocurrency can aim for higher levels.
The support at 57 cents held well, and considering that buyers are dominating the market right now, XRP could continue to perform in the coming week.
this cryptocurrency could break the current resistance and aim to reach the previous high from July when XRP got close to $1.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
XRP Encountered a Strong ResistanceFollowing a significant surge, XRP encountered a strong resistance in the $0.660 price zone. At this juncture, sellers entered the market, leading to the loss of momentum by buyers (supporters of the upward trend). This development initiated a major downward trend, with the price falling below the $0.6150 support level.
Should the buyers manage to regain their strength and sustain above the $0.660 resistance level, there is a potential for a renewed uptick, moving the price towards the next resistance level at $0.710. The continuation of this upward trajectory could lead the price towards a higher resistance level of $0.750.
However, if XRP fails to breach the $0.625 resistance level, it could indicate the beginning of a new downward trend. In this scenario, the first significant support level lies in the $0.580 price area, where a breach could potentially lead to further declines in price as sellers gain control.
This analysis is for informational purposes only and should not be considered financial advice.