Could XRP/USD bounce from here?Price is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit.
Entry: 0.5212
Why we like it:
There is a pullback support level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.5065
Why we like it:
There is an overlap support level.
Take profit: 0.5493
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Xrp
Will XRP rebound from the lower border of the channel?Hello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. Let's start by defining, using white lines, a sideways trend channel in which the price moves at its lower border.
Let's start by determining the support and as you can see, first of all, as support, we have a support zone from $0.50 to $0.45, when the price drops below this zone, the next support is at $0.37, and then support at the price of 0.32 $.
Looking the other way, we can see a resistance line at $0.58, then at $0.62, the third resistance at the upper border of the channel at $0.69, and then we can see an increase to around $0.84.
When we turn on the EMA Cross 50 and 200 indicator, we can see how the yellow line tries to cross the blue line at the bottom, which would indicate entering an upward trend.
XRP Opportunity ### What is XRP?
XRP is the native cryptocurrency of the Ripple network, designed primarily for facilitating fast and low-cost international money transfers. Ripple Labs, the company behind XRP, aims to enable secure, instant, and nearly free global financial transactions of any size with no chargebacks.
### Key Features of the XRP Network
1. **Cross-Border Payments**: XRP facilitates quick and cost-effective cross-border payments, often settling transactions in just a few seconds.
2. **Liquidity Provider**: XRP acts as a bridge currency in liquidity pools, enabling easier conversion between different fiat currencies.
3. **Decentralized Exchange (DEX)**: The Ripple network has a built-in decentralized exchange where users can trade XRP and other tokens issued on the ledger.
4. **Ripple Protocol Consensus Algorithm (RPCA)**: Instead of using Proof of Work (PoW) or Proof of Stake (PoS), Ripple uses the RPCA, which ensures faster transactions and lower energy consumption.
5. **Scalability**: Ripple can handle around 1,500 transactions per second, making it one of the most scalable blockchain networks available.
### Future Abilities and Developments
1. **Increased Adoption by Financial Institutions**: Ripple aims to partner with more banks and financial institutions to increase the adoption of its payment solutions.
2. **Integration with Central Bank Digital Currencies (CBDCs)**: Developing frameworks and partnerships to facilitate the use of XRP in CBDC ecosystems.
3. **Regulatory Clarity**: Working towards clearer regulatory guidelines to ensure broader acceptance and compliance.
4. **Expanded Use Cases**: Exploring new applications beyond cross-border payments, such as supply chain management and microtransactions.
5. **Enhanced Network Performance**: Ongoing improvements to increase the speed, efficiency, and security of the Ripple network.
### Network Management
The Ripple network is primarily managed by Ripple Labs. However, the XRP Ledger is an open-source project, meaning that anyone can contribute to its development. Ripple Labs focuses on promoting the network's adoption and ensuring compliance with regulatory standards.
### Tech Firms in the Future of Tokenized Assets
Several tech firms and financial institutions are utilizing the Ripple network:
1. **Santander**: A major bank that uses Ripple's technology for its One Pay FX service, enabling faster cross-border payments.
2. **American Express**: Partnered with Ripple to enable instant blockchain-based payments.
3. **MoneyGram**: Previously partnered with Ripple to use XRP for cross-border payment settlement, showcasing the utility of XRP in remittance services.
4. **Standard Chartered**: Collaborates with Ripple to improve its payment infrastructure and offer more efficient financial services.
### The Future of Tokenized Assets
The future of tokenized assets on the Ripple network looks promising, with several key trends:
1. **Increased Tokenization of Assets**: More assets, including fiat currencies, commodities, and securities, are expected to be tokenized on the Ripple network, improving liquidity and accessibility.
2. **Regulatory Developments**: Greater regulatory clarity will likely drive institutional adoption of tokenized assets.
3. **Enhanced Security and Compliance**: Improved security measures and compliance protocols will enhance trust in tokenized assets, attracting more users to the ecosystem.
4. **Interoperable Financial Ecosystems**: Development of interoperable systems will enable seamless movement of tokenized assets across different blockchain networks and traditional financial systems.
In summary, XRP is a cryptocurrency designed for fast, low-cost cross-border transactions, supported by the Ripple network. With ongoing developments and increasing partnerships with financial institutions and tech firms, XRP is well-positioned to play a significant role in the future of global finance and tokenized assets.
WHY This is ALTSEASON ?? 💥💯 Cycyle 3: Rising of the Altcoins !WHY This is ALTEASON ??
Cycle 3 // Bullrun 3 💥💯
Lets see on Total2 Marketcap
Look closer..
Volume: ✅
Significant volume increases in the bottom zone point to a trend reversal.
Gaussian Channel: ✅ (green)
as with other trend reversals, the channel changed from red to green
Level2: Bullish Area ✅
See on chart
Media Attention: Starts ✅
Ethereum ETF: On the road ✔
BTC Halving: On the road ✔
FED Interest rate cut: On the road ✔
Global Adapt: On the road ✔
...these are the known ones
I would like to approach the subject from different angles.
NVIDIA ? hmm.. Why Nvidia ?
>>Now I will show you the comparison of major altcoin charts with nvidia. this will mean a lot to us.
ETHUSD/NVIDIA
This is Real, Details on the chart.
XRPUSD/NVIDIA
>This chart shows us XRP times
TOTAL2/NVIDIA
> Lets see buy zones
AND JUST NVIDIA
Total2 is now on a bullish eve.
You see the technical levels. We are above the trend midline and this zone is a strong support.
In the back we have mayer multiple bands and gaussin channel in colour.
Analysis plain and simple. now only patience.
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.
📈 XRP AND THE ASCENDING CHANNEL 📈🔥 Hey hey, hope everyone's having a chill night, wanted to come through with a quick late night post on XRP and our ascending channel.
🔥 In the last idea we added this descending channel, that ended up pulling XRP down and hitting support at 0.492, I haven't added any horizontal levels so price is still adhering to the levels. So with everything that's happened we've got the local low of 0.492 and that high of 0.55. I've set alerts for those two points for reference.
🔥 I've added two horizontal channels as well as two defined black lines with labels to highlight, point out our ascending channel that's formed the past couple days, gives us some reference and insight onto what's happened, what we're looking at.
🔥 Personally, I would recommend adding in the ascending channel, drawings, can help us keep track of things, especially being that we're at this crossroad now with that 200 EMA, we've already had one slip down into the horizontal channel below. Should we end up losing that 200 EMA and reenter the channel I'll be watching the ascending channel's support line. If we lose that, chances are good that we'll continue further. Should that happen I'll look to the horizontal levels and 0.492 for support if we end up really falling.
🔥 I'll end the idea here for now, said it'd be a quick one and that's that, at least now we have some things we can use and refer to for reference and keeping an eye on things. It's been a positive week though for XRP alongside the S&P and a lot of the market so I'm looking forward to see how things play out this week, especially with the SEC's approval today of Ethereum ETF's in a historic push for crypto!
🔥 Thanks for joining me as always, I appreciate you guys so much and wish nothing but the best till next, thanks for keeping tuned!
Best regards,
~ Rock '
Check for support around 0.5236-0.5384Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(XRPUSDT 1D chart)
The most important point on the XRP chart is the 0.47 point.
This is because if it falls below 0.47, it is expected to enter the bottom range from a long-term perspective.
Therefore, the price should be maintained above 0.47.
Since the M-Signal of the 1M chart > M-Signal of the 1W chart > M-Signal of the 1D chart, it shows a downward trend.
Accordingly, the key is whether it can receive support and rise around 0.5236-0.5384.
If it fails to rise, caution is needed as it is likely to touch around 0.47 again.
If the HA-High indicator is supported and rises, it is likely to renew the previous best high.
Therefore, it is time to buy whenever it rises above the HA-High indicator on the 1D, 1W, and 1M charts and shows support.
If it is not supported by the HA-High indicator and falls, it will be time for a split sale, so caution is needed in response.
One thing you must think about before you start trading is your investment horizon.
If you do not decide how long you will invest for, you may not be able to respond properly when prices fluctuate, so you must decide on the investment period.
Next, you must decide how much to invest and how to trade or realize profits.
No matter how long-term you invest, you must sell when the price rises to a certain level.
There are three ways to sell: selling 100%, selling a portion, or selling an amount equivalent to the purchase principal to increase the number of coins (tokens) corresponding to the profit.
The method of increasing the number of coins (tokens) corresponding to profit by selling an amount corresponding to the purchase principal ultimately ends up holding only the number of coins (tokens) whose average purchase price is 0.
Therefore, there is absolutely no risk associated with holding it.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
Ripple Prepares for SEC Lawsuit Outcome, $XRP Surge Past $0.51Ripple ( CRYPTOCAP:XRP ) holders are debating the impact of the Financial Innovation and Technology for the 21st Century Act (FIT21) on the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. The outcome of the lawsuit could affect Ripple's native token XRP's price and affect the payment remittance firm's institutional sales of XRP token. Attorney Bill Morgan, behind the X handle @Belisarius2020, explains that Ripple has prepared for the worst outcome in the lawsuit, a permanent injunction or a complete ban on sales of XRP tokens to its institutional clients in the US.
The US House approved the FIT21 bill, a major crypto legislation cleared by one of the chambers of Congress on Wednesday. As the bill makes passage to the Senate, CRYPTOCAP:XRP holders debate its impact on the longstanding legal battle between the US SEC and payment firm Ripple. In its lawsuit against Ripple, the financial regulator has asked for $2 billion in penalties and alleges unregistered securities sale (sale of XRP token) to institutional clients.
In its defense, attorney Bill Morgan explains that Ripple is prepared for the worst case scenario in the lawsuit. In the worst case, the court could order a permanent injunction (a complete ban) on CRYPTOCAP:XRP token sales to Ripple's institutional clients in the US. While typically this move could affect the payment firm's business, Attorney Morgan explains that Ripple continue offering its services and selling CRYPTOCAP:XRP to institutional clients overseas, under entities in different licensing regimes.
Technical analysis shows that Ripple broke past sticky resistance at $0.51 and is currently trading at $0.5303. The Moving Average Convergence Divergence, Relative Strength Index (RSI), and the Relative Strength Index (RSI) support a bullish narrative for the asset. If Ripple ( CRYPTOCAP:XRP ) successfully establishes itself above $0.5308, the next target is the April 22 and May 6 high of $0.5703.
XRP and the US Coinbase Trader Participation GapCoinbase recently relisted XRP and with that, a trading gap appeared, but interestingly enough, if you look at just the price action that US traders participated in via Coinbase, you will find that XRP has indeed completed an AB=CD move. On the other hand, the original target was 2 dollars when looking at the price action globally, but I think the US trade data is most likely to take precedence over the global data, and due to that, I have plotted an ABCD on the left chart that ignores all the non-US data and only includes the data in which the US was involved in. Doing this ends up making our ABCD PCZ a 1.13, which lands just under 1 dollar. As typical, the profit target for such a pattern would be back to the level of C, so in this case, around 20 cents, which would fill the US Gap.
XRP Price Action Looks to be Setting up for a Rise to 2 DollarsWe have a 3 Rising Valleys Pattern that has recently formed on the weekly timeframe, and we recently had a confirmed weekly Bullish Engulfing; if XRP manages to get back above 51 cents from here then it will likely begin to move fast towards it's last swing high of $1.96 but at the same time this is XRP we're talking about so it could go much higher because it is trading within in a massive macro consolidation wave structure on much higher timeframes and I have projected could take XRP up to as high as $120.94 whenever XRP truly decides to get going which can be seen here:
Potential bullish rise?XRP/USD has broken out of a resistance level which is a pullback resistance and could potentially rise to our take profit.
Entry: 0.5216
Why we like it:
There is a pullback resistance level.
Stop loss: 0.5065
Why we like it:
There is an overlap support level.
Take profit: 0.5600
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XRP Symmetrical Triangle - Bull target $0.65, Bear target $0.42NOT FINANCIAL ADVICE
TL;DR #XRP Symmetrical Triangle, bull target $0.65, bear target $0.42
BINANCE:XRPUSDT has been trading in a symmetrical triangle for over 1 month. Well respected support trendline, with 4 clear touches.
Ascending triangle on the RSI, watch it because a break of the support or resistance trendlines there might be a leading signal of a subsequent price action breakout.
🟢 Bull case
Should we break the resistance trendline, my target will be the previous key area at $0.65.
Be careful at $0.57 because we had 2 previous fakeouts to that level.
Also watch the 200-day VWMA at $0.59 because it could offer some resistance on the way up.
🔴 Bear case
A break below the support trendline would most likely lead to a retest of $0.42, either for a triple bottom or further downside.
XRP Update: Waiting Game Between $0.47 and $0.56!
XRPUSD is neutral int he daily chart and as long as it is trading between $0.4722 and $0.5603, XRP will lack the momentum.
A bullish break-out of $0.56 will lead to $0.6642, a very important levels in different timeframes.
If Bitcoin will decline, XRP has a potential to revisit $0.4722, the daily support zone.
Below $0.4722 zone, XRP is the bearish.
$XRP RIPPLE consolidating in rising channel for 2years....CRYPTOCAP:XRP Ripple has been consolidating in this channel for 2years since June 2022 (Weekly Timeframe)
Current price: $0.52
Ripple's price action is currently outside the Rising channel, Only two things can happen:
1. Price action can reclaim rising channel and move to higher prices with resistances: 0.63, 0.74, 0.85, 0.95
Or
2. #XRP can continue to break down to retest major support around 0.4
Heading into 50% Fibonacci resistance?XRP/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 0.5239
Why we like it:
There is an overlap resistance level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.5396
Why we like it:
There is a pullback resistance level.
Take profit: 0.5062
Why we like it:
There is an overlap support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bullish rise?XRP/USD has just bounced off the support level which is a pullback support and could potentially rise to our take profit.
Entry: 0.4835
Why we like it:
There is a pullback support level.
Stop loss: 0.4626
Why we like it:
There is a pullback support level.
Take profit: 0.5239
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
🔥Memecoin Everyone Missed: LADYS next DOGE❓Milady Meme Coin (LADYS) fell by -90% after its listing. Such altcoins as PEPE, FLOKI which we bought recently already grow by 80-100%. Memecoins are in trend now and LADYS is one of that coins that still underperform.
Just $ 31M cap in comparison to $9.7B of DOGE cap.
💥 It's a rhetorical question of who will grow higher during BTC pump.
like❤️ and follow
Check the links and get a BONUS from me👇
XRP price are SET !!! XRP should hit $18 during May
As XRP has now reached the 700- day trendline.. holders today lawsuit against SEC is very important and here’s why I seek and see XRP will be victory in the court against SEC.
These prices keep them in your charts ! And I fully guarantee these price hit will surely will happen.
Btw if you bought XRP and owned about 1,000 XRP .. you will hit about $3.5 million if you hold. ( HINT HINT )
1- $18.57 ( Announcement of settlement)
2- $257.18 (Bank partnership & Integration )
3- $3,748.34 ( Ripple IPO )
4- $59,873 ( Global CBDC Integration)
HelenP. I Ripple can turn around and start to grow to $0.5345Hi folks today I'm prepared for you Ripple analytics. Some days ago price declined to the resistance level, which coincided with the resistance zone, and at once rebounded and started to grow. After the price a little rose, it turned around and started to decline. Also later XRP reached the trend line and made a strong impulse down to 0.4190 points, thereby breaking 0.5720 and 0.4780 levels. But soon, Ripple turned around and rose higher to 0.4780 level, which coincided with the support zone, breaking it again. After this, XRP continued to rise and reached a later resistance level, after which rebounded and in a short time declined to the support level. As well, price formed a triangle pattern, where it rebounded from the support line, which coincided with the support level and rose to the trend line, which is the resistance line of this pattern also. Then it declined to support line and recently exited from the triangle, and just now continues to decline. For my mind, Ripple will decline a little more and then rebound up to the trend line. Therefore I set my target at 0.5345 points. If you like my analytics you may support me with your like/comment ❤️
Potential bullish bounce off pullback support?XRP/USD is falling towards a support level which acts as a pullback support that aligns with the 100% Fibonacci projection and could potentially bounce from this level to our take profit.
Entry: 0.4747
Why we like it:
There is a pullback support level which lines up with the 100% Fibonacci projection.
Stop loss: 0.4512
Why we like it:
There is a support level at the 127.2% Fibonacci extension.
Take profit: 0.5239
Why we like it:
There is an overlap resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.