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XRP Whale Shifts 28 Mln XRP To Bitstamp; Price To Hit $0.64?In a significant development that has sent ripples through the crypto community, a whale executed a massive shake-up in their XRP holdings, transferring millions of dollars worth of XRP coins in the last 24 hours. The development indicates a surge in CRYPTOCAP:XRP whale activity while sparking speculation about its potential impact on the altcoin’s price and the crypto market. Whale Transfers 17 Million Worth of XRP to Bitstamp An anonymous whale on Tuesday moved 27.7 million XRP tokens from an undisclosed wallet—worth nearly $17.26 million at current market prices—to Europe-based cryptocurrency exchange Bitstamp. The transaction was flagged by blockchain tracker Whale Alert. However, CoinGape couldn’t confirm whether the whale in question was an individual or a company. Furthermore, on Jan 1, at least 800 million XRP tokens were locked in escrow at Ripple – the company behind the XRP cryptocurrency – according to Whale Alert. Since Ripple controls more than 50% of XRP’s total supply, many argue that Ripple’s blockchain is more centralized than that of its peers. The enormous transaction, involving over 27 million XRP tokens, is not an isolated incident. Whale Alert has flagged several such transactions involving XRP in the past, with whales offloading a significant amount of their XRP holdings last year. Last December, CoinGape reported that whales relocated over 70 million XRP tokens, valued at over 45 million. XRP Price Surges 2%, Is $0.64 Within Reach? The influx of XRP tokens into crypto exchanges signals that the investors are planning to sell the asset. However, that remains unclear as it’s difficult to ascertain what happened to the asset once it reached the exchange. At press time, the XRP price stood at $0.634, up more than 2% in the last 24 hours. It could be reasoned that XRP whales are on the move to lock in profits amid the recent price rally.
Long
by DEXWireNews
RIPPLE - Price can exit from pennant and continue to declineHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Some time ago price bounced from $0.6085 support level, which coincided with support area, and started to trades in flat. In flat, Ripple rose to top part, but soon made correction back to $0.6085 level, after which it made upward impulse to resistance level. Also then, price exited from flat and later bounced from $0.6400 level, making fake breakout and starting to fall. XRP declined to support level, and at once made impulse up higher than $0.6400 level, but later it declined back. As well, price started to trades in pennant, where XRP continues to trades near support line now. In my mind, Ripple can rise a little and then bounce down to $0.6180, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
XRP LOOKS BULLISHConsidering the lack of drop in the timeframe we have considered, XRP seems to be in the build-up phase for another jump. Because the movement after the intended pattern was not realized The previous scenario is declared expired and we have no bias on the analysis. The previous scenario was diametric, but we may be facing a symmetric one, which means that xrp is not ready to drop yet. By maintaining the green range, it can move towards the specified TPs. The safe buy range is the green range, which allows us to have a logical buy/long setup on xrp. Do not enter the position without capital and leverage management and stop setting
by behdark
🥂 Happy New Year! Here's to 2024 and a Goodbye to 2023! 🥂🥂 It's with pleasant thoughts and a blissful peace that I'm happy to write up these few words for you guys, I can't believe today's the last day of 2023 and soon enough we'll be in 2024. 🥂 It is with great honor and pleasure that I'm able to say it's been a good year, sure it's had it's moments and could have been better but it's in those good moments that I learned a lot and gained some great memories. I'm grateful for my family, my kids, my blessings and more. This year has taught me to be grateful and count my blessings amongst all things else. 🥂 I wish nothing but the best for each and every single one of you guys as well as trading view which has allowed me to have this wonderful community, it's crazy to think that less than a year ago this family had less than a dozen people, and now I've got 684 followers or family members as I like to call you guys! It's been a crazy run up but I can't wait to see what the next year holds in store for us! I've got a feeling it's gonna be something especially worth. 🥂 For a quick technical aspect on things, we're still trending with this sort of back and forth wave between 0.60 and 0.65 as we keep getting smacked down whilst breaking 0.65. If I had to guess, as usual it'll likely be some more news that will be our catalyst for a rise and break past 0.65 but regardless I've got no complaints. I'm happy to keep stacking and sitting patiently. After all, patience is a virtue. 🥂 With this being my last post of the year. I'd like to wrap up this year on a happy note and give my blessings and thanks for each and every single one of you guys, this year will do us all much good, I know it and we deserve it. Here's a quick toast to each and every single one of you guys, let's wrap up 2023 and make the most of 2024! Till then, see you all next year! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
Ripple can make one more correction move and then bounce upHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price started to decline a downward channel a few times ago, where it broke the 0.6800 resistance level, which coincided with the seller zone, and then fell to the 0.5900 support level, which coincided with the buyer zone. Also soon, the price broke the 0.5900 level too and declined to support line of the channel, after which it rebounded and made a strong upward impulse to the resistance level, thereby exiting from the channel and starting to trades in the range. After this movement, Ripple rolled down from the seller zone and declined to the support level in the range. But a not long time ago, XRP rebounded from this level and in a short time rose to 0.6580 points. And recently, the price bounced down and now I think that Ripple can one more time a little decline and then continue to move up. So, that's why I set my target at the 0.6600 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
HelenP. I Ripple can break trend line and then fall to $0.6050Hi folks today I'm prepared for you Ripple analytics. A few days ago price rebounded from the support level, which coincided with the support zone and made a strong impulse up to 0.7000 points, thereby breaking the 0.6450 level. But after this, XRP in a short time declined back, and even fell to the support zone, after which it at once rebounded and started to rise. When Ripple rose to the resistance level, which coincided with the resistance zone, it made impulse down to the trend line, breaking the 0.6050 support level. Then the price bounced from this line and started to move up back and soon, it broke the 0.6050 level again, made a retest, and later rebounded up to the resistance level. After XRP reached this level, it made a correction to the trend line and then reapeted movement up to 0.6450 level, but recently it fell back to the trend line. At the moment price trades near this line and I expect that Ripple can break the trend line and continue to fall to 0.6050 support level, therefore I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
🔥DODO Is The Most Promising Lowcap on Binance❗️ Check it❗️DODO is consolidating above channel bottom. The closest targets are channel top, local highs and $0.65 key level. 💥will DODO update ATH? 100x is not something special at a bull market for an altcoin with a FWB:48M cap. But we need to take a closer look on Binance at all. The exhange is under regulator presure and DODO is a part of it's ecosystem. like❤️ and follow Check the links and get a gift from me👇
by Alex_Dehtiarov
3
BCHG + LTCN Bitcoin Cash & Litecoin Grayscale Trusts Hello everyone. BCHG and LTCN are moving almost in sync. I believe both of these trusts have the potential to surpass their all time high. BCH and LTC are both considered non securities and are two of only 4 cryptos total that the USA is allowing USA institutional and accredited investors to be able to purchase and invest in. I believe because there are so few to pick from that the majority of the money from these large players is going to flood into these few. The gains could possibibly be better with the LTCN trust because BCHG has made a larger percentage move from its lows to current. So the gains could be double with LTCN than BCHG but both will have significant gains. What many people dont realize is that for a mega multi millionaire or billionaire, and billion dollar companies to invest in these cryptos there needs to be clear rules from the USA government or they simply cannot risk investing billions of dollars into a gray market. Also there needs to be insurance and a custody option which has been in the works for a few years now and is complete. The past bull runs was just the small player, little guys, retail. This next bull run will be the big money. So what Im getting at is dont ignore what the USA is doing and what is allowed. USA has the deepest pockets in the world and what USA does the rest of the world eventually follows. So if the USA CFTC and SEC say Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are the four crypto currencies that are considered non securities then that should be enough for anyone with eyes to see where the most money will be made in this next run. Right now its just meme and shlt coin season and the spotlight is on them. Once these four OG cryptos above start appreciating significantly and rapidly, watch how fast the spotlight flips and the fomo kicks in. Also I see a lot of hate for LTC on youtube, forums, even on here. Its an indicator, for me at least, that Litecoin has passed the depression stage and is about to take off. Many many people got burned in Litecoin in the past and have a distaste for it so they will slam Litecoin any chance they get. I dont let the FUD bother me or move me out of position. This is not financial advice this is just my opinion. Thank you
OTC:BCHGLong
by Bitgolder
3
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.
by MarsSignals
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. ---------------------------------- 📛 Follow the market trend and decide to buy or sell. ⚠️ (This isn't a signal for buy or sell) ⚠️ .......................................... 👸 Analyzed by : Parisa_Alipoor ..........................................
by parisa_alipoor
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. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
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!
Long
by RLinda
27
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❤️
Long
by WalterMoon
1
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.
by CryptoUltron
2
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 🚀
Long
by LegionQ8
1
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.
Long
by DEXWireNews
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!
Long
by wYkeho