XRP price forecast for early December 2024 & beyondCycles analysis indicating near term resistance to form at 2.5-2.8 levels, to be followed by retracement to 1.50 zone as the FINAL discount buying opportunity before price explodes to 7-10$ range in early Q1 2025.
Analysis for longer term indicates we may run to 100$ sometime in 2026 based on broader buy cycle and the current comprehensive overhaul of finance/banking sector infrastucture taking place...
This is one of the those you don't want to trade in and out of, imho. HODL to 2026 AT LEAST, possibly into 2028-2030.
Patience will always pay when you're dealing with high quality innovation!
Xrp
Alikze »» XRP | Wave 3 or C bullish scenario - 1D🔍 Technical analysis: Wave 3 or C bullish scenario - 1D
- Ripple is moving in an ascending channel in the weekly time frame.
According to the current momentum, it can touch the range of 93 cents in the first step, which is an important supply area.
- Before hitting the supply area, he can break the roof of the channel and after hitting the supply area, he can have a correction or pullback to the broken channel roof.
- According to the previous structure that had a zigzag modification; It currently has a zigzag reversal to the upside, which could touch the targets indicated on the chart.
⚠️ In addition, according to the current structure, the price should not enter the Invalidation LVL range, in which case it should be reviewed and updated again.⚠️
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OKX:XRPUSDT
XRP - PUMP and DUMP SchemeThis is the moment that bag holders have been waiting for - XRP has crossed the $2 mark in an unexpected pump scheme.
Through the Fibonacci, we can establish likely short term targets , being the 1.618 Fib level.
XRP is notorious for hard dumps after the pump, so do be mindful of this possibility and remember that it is an extremely unpredictable, high risk altcoin.
Here's my take on Bitcoin, incase you are wondering what to watch for BTC:
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BINANCE:XRPUSDT
XRP - ON THE ROAD TO $5 - CryptoManiac101XRP / USD TA
Upcoming Resistance Levels:
$1.92 - Current immediate resistance level that needs to be broken in order for bullish continuation to continue without any pull backs
$2.75 - Upcoming 2017/2018 Resistance level, which if broken, will send XRP completely parabolic. Something that hasn't been seen since the early 2018
Remember that this is for entertainment purposes only and is not financial advice.
BTCUSD | 15M | SCALPING TIME I've put together a Bitcoin analysis for all of you. I've marked my target and stop-loss levels right on the chart. Thanks to everyone who's been like and support my work. I'm here working hard for you, and I'm never gonna give up on you.
We're gonna keep making gains together. All I ask is that you show your support with a like.
3 potential targets for the xrpbtc triangleUpon closer look, I feel like only giving one potential top trendline for the triangle pattern on the monthly xrpbtc logarithmic chart is ignoring some other possibilities so I wanted to ost 3 other top trendline possibilities s well with this chart. Surely one of the will be the ost valid although they potentially all could be validated. *not financial advice*
Something very peculiar is occurring with XRP dominanceUsually when the candles go upward on the xrp dominance chart, the btc dominance chart is going downward and the liquidity along the xrp dominance chart go up is coming from bitcoin liquidity. This time however something has changed. XRP dominance is rising substantially all while bitcoin dominance is also still rising. This suggests that the liquidity is no longer coming from btcoin but instead from other sources likely institutional investors. We can see the candle on the monthly has broken above the neckline of a large inverse head and shoulders pattern on the logarithmic chart. Will be interesting to see how well this plays out. Chart patterns don’t behave as they usually do when working with these kind of charts so it’s no guarantee what looks like a bullish breakout currently will behave like one. I will definitely be keeping an eye on this as it develops though *not financial advice*
XRPBTC breaking up from triangleYou never know when chart patterns will behave roperly when you are on the xrpbtc chart. Often times all bets are off on the usual chart pattern expectations with this pair. Suppose we were to actually follow through with the measured move breakout target from this blue triangle xrpbtc pears to be breaking up from well it would put price action even noticeably higher than the all time high between this pair that was set back in 2018. Let’s see if for once price action behaves like it’s supposed to herewith this pair. *not financial advice*
XRPBTC breaking up from triangleYou never know when chart patterns will behave roperly when you are on the xrpbtc chart. Often times all bets are off on the usual chart pattern expectations with this pair. Suppose we were to actually follow through with the measured move breakout target from this blue triangle xrpbtc pears to be breaking up from well it would put price action even noticeably higher than the all time high between this pair that was set back in 2018. Let’s see if for once price action behaves like it’s supposed to herewith this pair. *not financial advice*
4 potential top trendlines for monthly log chart xrp patternXrp has some sort of bull pennant that it has been forming since the 2018 top and there are at least 4 potential top trendlines for it which I have showcased here with different colors. The green top trendline would be if the most valid pennant is an ascending triangle, the light pink line is for a cup n handle pattern, the brown trendline is jut connecting the two red wicks, and the teal trendline is there because it was able to connect 4 key wicks. The purple trendline is the top trendline of a smaller triangle inside the pennant that has a breakout target of around $12 which means once it breaks out and its getting quite close to its apex, the momentum it brings on the way to its measured move target will take us well above the highest of all these potential top trendlines causing the chain reaction of the larger pennant validating its breakout as well. This is a monthly chart timeframe of course though…so even though the inside triangle with the purple top trendline is nearing its apex that breakout from that triangle could still be very possibly 1-3 more months away. I get the feeling around the time of the automated market maker amendment being implemented(march 22nd) we could see price finally leap up out of the triangle, if so I’m expecting a very bullish april for xrp The good news is the highest price for any of these potential top trendlines currently is around $1.56-1.58 or so and is not gonna be getting any higher so once we flip that price zone to solidified support then we can look forward to validating the breakout on the big pattern, and the fact that it’s a pennant means we will have 2 targets to look for in the long run: 1 for just the flag portion and then a much higher one based on the height of the pennant’s pole. I left the price target of the poles measured move target(in neon yellow) out of the frame of this chart idea but you may be able to drag that part of the chart down into the frame with your mouse or touchscreen if trading view still lets you. The reason I left it out of the frame is because I wanted to be zoomed in close enough to the flag portion of the bull pennant itself to be able to clearly see how the candles move in the coming months whenever I pull this chart back up and click the play button. *not financial advice*
XRPUSD log chart’s triangle pattern on the 1 month chart.Always a chance price action could break above this triangle at any given moment but we can see that the apex of this triangle goes all the way not 2026, so it could also just continue to grind slowly idle ways as well. Hopefully a final ruling in the SEC Ripple case occurs soon and isn’t followed up by any kind of appeal so price action can finally get moving. I am simply posting this chart here so i can keep tabs on this pattern as time progresses. *not financial advice*
XRP, a sight to see!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
CRYPTOCAP:XRP , my first profitable delve into crypto, luckily right before the CNBC instructions.
Still have a bag, but congrats to the army that held this long!
Some levels I'm watching if pull back.
But eyeing up flips and more sideways consolidations as well.
Trade safe, trade smart, trade clarity.
XRP - History Repeating Itself...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the BINANCE:XRPUSDT 4H chart interesting.
Do you notice a pattern here?
Take a look at the first two red arrows.
📊Mid-November, XRP made a lower low (red arrows), got stuck within a range (green zone), and finally broke above the green zone to start its bullish impulse.
Currently, XRP seems to be forming a similar pattern.
🔄 If history repeats itself, a break above the green zone around $1.53 is needed to signal the start of the next bullish movement.
🎯Once the setup is activated, I will target the $2 mark!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
4 potential shorter timeframe triangles on rep 1wk log chartMy previous chart idea which I will link to below showed the monthly timeframe logchart of the 2 potential larger triangles xrp has been consolidating in, so I wanted to also follow that up with a weekly chart timeframe of the the 4 potential smaller triangles we have also been consolidating in so I can eep track of their progress as well. All the potential measured move ines here have been randomly placed so of course where ever it does break upward will likely be slightly different and will only require I readjust those measured move lines slightly at that point only changing their price targets slightly. *not financial advice*
Xrpusd Bullishpennant on the 1month timeframeSame pattern as the previous idea i just posted but I’ve switched it from the 3 month chart to the 1 month time frame in order to keep track of the developments in price action more quickly. Im also going to post this pattern one more time but on the weekly timeframe as well. The 3 targets remain the same. *not financial advice*
The Symmetrical Triangle on the monthly logchart w/ a $10 targetQuickly reaching its Apex. Reaching the target of this triangle should trigger the breakout on all the triangles / pennants / c&hs / and flags that are even bigger than this triangle and eventually get us to even higher targets as well. *not financial advice*
XRP can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
The next potential invh&s pattern for XRPUSDDepending on which left shoulder is more legitimate we have a possible slightly descending neckline on this invh&s or a possible slightly ascending neckline on it. No idea when price will break above these necklines so obviously if it takes longer I will need to readjust the measured move lines for it. This is just an initial idea for now. *not financial advice*
Xrp moving above highest top trendline of linear trianglesThese triangle trendlines are most accurate looking on the monthly chart. I wll also post a weekly timeframe version of this chart and a daily time frame version thats zoomed nto the top green trendline so you can see how we have 3 consecutive daily candle closes above this extremely pivotal trendline and now officially have closed one weekly candle close above it too. Seeing as how the trendlines of the green triangle seem most valid on the monthly time frame however, i think the most important candle close will be once we have a 1 month candle closing a portion of the candles body above the line and the follow up monthly candle also holds the line as solidified support. This is such a major trendline to flip to support and as you can see, the breakout target for the green triangle of $3.75 is actually right around the same breakout target as the yellow triangle of $3.70 that’s very strong bullish confluence that should help increase the probability of hitting those targets as it has twice the bullish momentum potential as just one of the patterns would have. *not financial advice*
3 consecutive 1day candle closes abve key triangle top trendlineI wanted to post a daily timeframe close up of the top trendline of the macro time frame green triangle that xrp has been consolidating inside since 2018. We now have 3 consecutive daily candle closes above its top trendline and are working on what looks to be the fourth here. You can tell that it appears to be forming another little smaller time frame bullflag here with the last 5-6 candles which it has already done a couple times as well on the 20 or so candles just prior to those. The triangle pattern is most valid on a monthly chart so we should definitely not get too presumptuous that we have flipped this trendline to permasupport until we have closed 1 monthly candle above it and retested it as confirmed support with the follow up monthly candle. However we are making good progress now as we now officially have 1 weekly candle close above this green top trendline as well —>
I will link the monthly version of this chart below so you can click on that idea as well to get the full perspective of this triangle instead of just a zoomed in look at the daily. Target if breakout confirms in this zone is $3.75. *not financial advice*
XRP Price Analysis: Journey from 2012 to Its Recent HighsIntroduction
XRP, the native cryptocurrency of the Ripple network, has remained a prominent digital asset since its inception in 2012. Designed to facilitate cross-border payments, XRP has undergone significant price fluctuations influenced by technical patterns, market sentiment, and fundamental developments. Recently, XRP reached a notable high, sparking discussions about its potential to soar to $2 in the future. This article explores XRP's price history, technical analysis, and fundamental growth trajectory, highlighting its potential for future gains.
Historical Context and Price Trends (2012–2024)
XRP's journey started in 2012, priced at fractions of a cent. Its purpose as a bridge currency for financial institutions attracted attention from early adopters.
2017–2018 Bull Run: XRP saw an exponential rise during the cryptocurrency market boom, reaching an all-time high of around $3.50 in January 2018. This surge was driven by speculative trading and Ripple's partnerships with major financial institutions.
2018–2020 Bear Market: Following the market correction, XRP experienced prolonged bearish sentiment, stabilizing around $0.20–$0.30.
2020–2021 Rally: XRP surged to $1.96 in April 2021 amid increased adoption of blockchain technology and Ripple's legal battles with the SEC.
2023–2024 Resilience: Despite market volatility, XRP's recent high signals renewed interest, bolstered by favorable legal outcomes and growing institutional adoption.
Technical Analysis
Current Market Structure
Support Levels: XRP shows strong support around $0.50 and $0.70, indicating buyer interest during market dips.
Resistance Levels: The $1.50–$1.70 range acts as a critical resistance zone. Breaking this level could pave the way to $2.
Moving Averages
- 200-Day Moving Average: XRP has consistently traded above its 200-day MA, signaling long-term bullish momentum.
- Golden Cross: A potential crossover of the weekly 50-day MA above the 200-day MA would confirm a bullish trend.
RSI and Momentum Indicators
- Relative Strength Index (RSI): RSI levels suggest that XRP is approaching overbought conditions, though it still has room for upward movement.
- MACD: Positive divergence indicates increasing momentum and potential for further price appreciation.
# Potential Price Projection
- A break above the recent high of $1.26 could see XRP testing $1.40, and $1.60, and staying above $1.60 can lead to the $2 price mark, driven by bullish sentiment and increased trading volume.
Fundamental Analysis
Adoption and Use Cases
Ripple’s Network Expansion: Ripple has solidified partnerships with financial institutions worldwide, including Santander and Standard Chartered, leveraging XRP for liquidity in cross-border payments.
Regulatory Clarity: The recent partial legal victory against the SEC has removed uncertainty, enhancing XRP's appeal to institutional investors.
On-Demand Liquidity (ODL): Ripple’s ODL solution, which uses XRP, is witnessing growing adoption, particularly in Asia and Latin America.
Market Dynamics
Institutional Interest: XRP's utility in reducing transaction costs and settlement times is driving institutional adoption.
Macro Factors: Increased demand for cryptocurrencies as a hedge against inflation and traditional banking inefficiencies supports XRP’s growth.
Challenges
Regulatory Risks: Although Ripple achieved a favorable ruling, ongoing legal challenges could impact market sentiment.
Market Competition: Emerging competitors in the cross-border payment space, like Stellar (XLM), could pose challenges.
The Road to $2: Can XRP Achieve It?
The $2 price level is achievable for XRP under favorable conditions:
1. Increased Adoption: Further adoption of Ripple’s ODL solutions and partnerships with financial institutions could drive demand.
2. Regulatory Certainty: Resolution of pending legal issues would boost investor confidence.
3. Market Sentiment: A broader cryptocurrency market rally would likely propel XRP higher.
With robust support at current levels and improving fundamentals, XRP’s path to $2 appears increasingly plausible.
Conclusion
XRP's journey from 2012 to its recent high showcases its resilience and potential as a leading digital asset. Bolstered by technical indicators and fundamental strengths, XRP has the momentum to breach the $2 mark in the future. Investors should, however, remain cautious, considering market volatility and regulatory developments.
*Disclaimer: This article is for informational purposes only and does not constitute financial advice.*
Extra information regarding partnership
Ripple has established numerous partnerships with major financial institutions and payment providers worldwide. Many of these organizations use Ripple’s technology, including XRP for On-Demand Liquidity (ODL), to streamline cross-border payments and reduce transaction costs. Below is a list of significant Ripple partners:
Major Customers and Partners Using XRP Technology
Banks and Financial Institutions
1. Santander
- Ripple partnered with Santander to power its international payment app, One Pay FX, which provides same-day and low-cost cross-border payments.
2. Standard Chartered
- Collaborates with Ripple to improve payment processes for their global clients.
3. Bank of America
- Uses RippleNet for faster and more transparent cross-border payments.
4. PNC Bank
- One of the top U.S. banks, PNC leverages RippleNet for cross-border transactions for its commercial clients.
5. SBI Holdings (Japan)
- SBI is a key partner in Asia, using Ripple’s technology to improve remittance services through its SBI Remit platform.
Remittance Companies
6. MoneyGram (Previously Partnered)
- Although no longer active due to regulatory issues, MoneyGram used Ripple’s ODL to facilitate cross-border remittances.
7. Azimo
- A digital money transfer service that integrated Ripple’s ODL to handle payments into the Philippines.
8. Tranglo
- A leading remittance company in Southeast Asia, leveraging Ripple’s ODL for efficient fund transfers.
Payment Processors and Networks
9. Novatti Group
- An Australian payments company using RippleNet for instant cross-border transfers in Southeast Asia.
10. FlashFX
A Ripple-powered remittance service based in Australia, offering fast and transparent cross-border payments.
Other Key Partners
11. American Express
Partners with Ripple to facilitate seamless transactions between the U.S. and U.K. markets.
12. Banco Rendimento (Brazil)
A leading Brazilian bank using RippleNet to enhance cross-border payment efficiencies.
13. bKash (Bangladesh)
A mobile financial services provider working with Ripple to improve remittance services in Bangladesh.
14. Finastra
A global financial technology company offering Ripple’s blockchain technology to its clients for cross-border payments.
Newer Partnerships (2023–2024)
15. Al Ansari Exchange
A major exchange in the UAE using Ripple’s ODL solution to process remittances efficiently.
16. QNB Group (Qatar)
The largest bank in the Middle East and Africa, piloting RippleNet for enhanced global payment services.
Impact of Partnerships
Ripple’s growing network of partners demonstrates the real-world utility of XRP and RippleNet. These collaborations highlight the company's ability to offer cost-efficient, fast, and transparent cross-border payment solutions.