Xrp
Ripple XRP Intraday Trade Setup XRP pushed through $0.54 failed to sutain price action above it and now is having a bearish pullback.
However, as long as it is trading above $0.5276, a re-test of $0.5549 is very likely.
A bullish break-out of $0.54 will offer more upside towards $0.5549 and, possibly, higher to $0.5790.
Another re-test of $0.5276 followed by a bullish rejection and a break-out of $0.54 will lead XRP price to $0.5549 and, possibly, higher to $0.5790.
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XRP : Decision moment📊Analysis by AhmadArz:
🔍Entry: 0.5216
🛑Stop Loss: 0.4564
🎯Take Profit: 0.5623 -0.5911 -0.6371 -0.6717
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Ripple can continue to decline to 0.5065 support levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago started to decline inside the downward channel, where it soon broke the resistance level, which coincided with the seller zone and fell to the support line of the channel. After this movement, Ripple continued to decline in the channel and reached a support level, which coincided with the buyer zone, and even soon broke it too and declined more. But later, XRP turned around and made a strong impulse up from the support line, thereby breaking the 0.5065 support level again and exiting from the downward channel also. Then price continued to grow and even later reached a resistance level, but not a long time ago rebounded and declined to the support line. Also recently, XRP broke this line and now it continues to decline, so, in my opinion, Ripple can make a little movement up and then continue to fall to the 0.5065 support level, which is my target also. Please share this idea with your friends and click Boost 🚀
XRPUSDT → Ripple prepares for 70% growth ↑BINANCE:XRPUSDT is forming a technical false break of support, in the long term consolidation above the zone should be formed with the purpose of continuation of growth, the potential of which can be opened by 50-70%
The price on W1 is squeezed within the triangle. Another attempt to retest the resistance zone is being formed. At the moment, the market is restrained from strong growth by the proceedings between the SEC and XRP. Ripple recently announced that they are willing to pay a $10 million fine instead of $2 billion, while two strong lawyers are resigning from the SEC. The upside potential will be a price consolidation above the 0.500 area and on a breakout of 0.73.
Support levels: 0.5000, 0.4226
Resistance levels: 0.6431, 0.7325, 0.8547
If the legal nuances are closed soon, a new bullish time will come for XRP and Ripple will start to conquer new peaks.
Regards R. Linda!
⚡ XRP AND A QUICK TA! ⚡⚡ Alright, we're gonna keep things quick and simple today.
⚡ In the last idea we identified what seemed to have been a new resistance trend line and that indeed has been the case, it's simple enough to spot the effect as a result, we've seen prices pushed down right to that low point at the start of May.
⚡ It's there that we see the horizontal levels did indeed put in the work, as we retested 0.485. Once we found support there bulls took a firm grip and we we're finally able to get that breakout above the resistance trendline and that with our 20/50 EMA helped us recapture the 200 EMA to explain ripple's price action in a short and simple fashion. We we're stuck below the resistance, then we hit rock bottom, support and pulled up achieving this breakout that's helped us get back up basically.
⚡ I've encircled two points at 0.534 and 0.5378 or 0.534 to round things up. 0.534 is going to be our current point of interest. Since we already had an attempt at 0.534 before failing to break above the resistance line that made it all the more challenging for us to continue once we hit it again for the second time ultimately failing to regain higher ground.
⚡ Bulls will have to break that in order to push higher so I'd set an alert there and for 0.526 since that seems to be our local support, price action could have us seeing a horizontal channel form as bears and bulls fight to keep above that 200 EMA, or below depending on which team your on of course. So keep an eye out for the 200 EMA line, that'll be the bearish confirmation if we fall below and bullish if we can manage to keep above and avoid seeing those 20/50 EMA lines flip.
⚡ One last note is the blue line, that's basically a support line we've identified, it's also the reason XRP avoided losing the 200 EMA on the 3rd of May when we bounced off that line so it's definitely important to note that with us now being below the line things are technically bearish but whether things actually play out bearish or not will depend on who wins over the next few days and if we keep below the line or can regain ground above it though it'll be a challenge of course, but then again. Nothing is impossible, this is crypto after all.
⚡ Said I'd keep this idea short and that's it, I'll be posting more over the week so feel free to leave a like and follow to keep tuned, I simply wanted to give a quick summary of things and an idea of what we're looking at currently. Either way as things stand, I'm sure thing will heat up over the next few weeks, haven't had much movement following Bitcoin's halving so I'm curious to see what could be in the works. Thanks as always, and best wishes and blessings till next!
~ Rock '
Take CAUTION with these ALTS : ALGO, LTC, XRP, HBARIt's time to review which altcoins showed sign s of strength during the recent new Bitcoin All Time High (ATH) ... and which showed no strength.
Together with the failed breakout we observe on Algorand, THESE altcoins didn't fare much better. There are a few more, but let's focus on these alts for today:
What we're comparing this chart to, is the obvious increase we have seen on BTC (new ATH) and the following increases across other altcoin markets:
During the previous cycles; we often saw the altcoin market rally a week or two AFTER a new BTC peak.
From this, we can determine that most of the bigger altcoins (by market cap) should have rallied by now. In conclusion; we need to re-evaluate the fundamental arguments for these alts - why were they not able to show signs of strength like other alts? Why were the sellers so overwhelming compared to other alts?
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HelenP. I Ripple will break trend line and fall to support levelHi folks today I'm prepared for you Ripple analytics. Some days ago price reached a resistance level, which coincided with the resistance zone, and soon broke this level. Then XRP rose a little more, and then in a short time declined below the 0.5410 level, breaking it again, and then the price continued to fall. After the price reached the support level, which coincided with the support zone, it some time traded near this level and later broke it, after which declined to the trend line. But then, the price turned around and made a strong impulse up, higher 0.5080 level, breaking it and making a retest also. Then Ripple continued to move up and soon reached a resistance level, but a not long time rebounded and fell to the trend line, where at the moment XRP continues to trade near. For my mind, Ripple will make a little move up and then rebound down to the support level, breaking the trend line. That's why I set my target at the 0.5080 support level. If you like my analytics you may support me with your like/comment ❤️
#XRP not a security! The path to $23 is being formed.XRP won it's case. Great for XRP and alot of altcoins (not all)
what we know from the case;
Programmatic sale on exchanges did't meed the third prong of the Howey test
Sales to users via exchange on a order-book OK. Sales through a ICO/IEO/Launchpad not so.
Bounties, Investments, grants paid in XRP - OK.
Overall a massive win for #Crypto
@TheCryptoSniper
#HVF
XRPUSDT.1DThe daily chart for Ripple (XRP/USDT) shows the price fluctuating within a defined range, currently sitting at $0.5298. The chart outlines key resistance levels at $0.5746 (R1) and $0.6686 (R2), which are critical points where the price has previously encountered selling pressure.
The support level (S1) is established at $0.4697. Observing XRP's recent behavior near this level could provide insights into potential future movements. If XRP can maintain above S1, it might retest R1, suggesting a consolidation within this range.
The RSI is almost at the neutral point of 47.24, which does not indicate a strong momentum in either direction, suggesting the market is in a state of balance between buyers and sellers. The MACD is very close to the signal line and slightly below zero, indicating a lack of strong bullish or bearish momentum.
For traders:
Watching the reaction at S1 is crucial; holding above it might suggest stability or a potential upward move toward R1.
Breaking below S1 could signal a further decline, potentially reaching lower historical levels not marked on this chart.
A breakout above R1 could lead to a test of R2, providing a bullish scenario to target higher levels.
Traders should consider these levels for potential stop-loss or take-profit points, and observe volume and other indicators for confirmation of any potential moves.
#cryptomarket mid term weaknessTOTAL1 #cryptocurrencies total market cap chart. (Inc. #btc #bitcoin #eth #sol #bnb #xrp #doge and all #altcoins) Some dead cat bounces are necessary, but overall weakness is playing out with continuation. Former support zone is now turned into a strong resistance zone (Orange box).Declination will be sour.
Not financial advice.
RIPPLE - Price can continue to decline in channelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance line and fell to support line, but soon bounced up from this line, making fake breakout.
Then in a short time, Ripple rose to resistance line, after which made little correction and soon broke $0.5365 level.
After this, price rose a little more, and then started to decline inside falling channel, where it soon declined to resistance area.
Later, XRP broke $0.5365 resistance level one more time and then in a short time declined to $0.4790 level.
In my mind, Ripple can make small movement up and then continue to decline in falling channel.
Also, I think that XRP can break the support level and decline to $0.4790 points support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis everyone, what are your thoughts on the chart? Please share your comments regarding the XRP weekly update.
Earlier this month, Ripple (XRP) faced a setback, failing to sustain levels above 53 cents, eventually dipping to 43 cents, now a critical support level. XRP rebounded from this point, concluding the week with a 6% uptick.
However, despite efforts to uphold prices above 43 cents, buyers struggle to propel XRP to new highs. The 54 cents resistance looms ahead, potentially hindering renewed buying enthusiasm.
Looking ahead, XRP has been confined within a broad range since late 2023, lacking a substantial breakout. This trend persists into the current year. Therefore, expectations for a significant rally should be tempered until a notable breakout occurs.
I have tried to bring the best possible results in this chart.
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Ripple can exit from triangle, make retest and continue to riseHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price some time ago reached a resistance level, which coincided with the seller zone and broke it, after which started to trades in the range. Inside the range, the price rose to the top part and then turned around and declined lower than the 0.6085 level, thereby exiting from the range. After this, Ripple turned around and rose higher than the resistance level and started to trades in a triangle, where it rebounded from the resistance line and made a strong impulse down to the support line, breaking 0.6085 and 0.5065 levels. Then price turned around and made an upward impulse from the support line of the triangle to the support level, which coincided with the buyer zone and later finally broke the 0.5065 level, after which reached the resistance line of the triangle. But recently it rolled down from this line to the support line, where at the moment continues to trades near. For this reason, I think that Ripple can reach the resistance line, and break it, thereby exiting from the triangle and making a retest. After this, XRP will continue to move up, therefore I set my 1-st TP at the 0.5745 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Ripple can continue to decline to $0.4670 levelHi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how the price a not long time ago rebounded from the resistance level, which coincided with the resistance zone and made a strong impulse down to the trend line, thereby breaking the support level. But soon, XRP turned around and in a short time rose higher 0.4670 level, breaking it again and later making a retest. After this, it some time traded near the support level, after which it made a correction to the trend line. After correction, Ripple rebounded from the trend line and started to rise to the resistance level, and when the price reached this level, it entered to resistance zone. Price some time traded in this area, after which turned around and made an impulse down to the trend line, breaking the 0.5435 level. Soon, the price broke the trend line too and declined lower, and now XRP continued to move down, so, for my mind, Ripple will continue to decline to the support level. That's why I set my target at the 0.4670 level. If you like my analytics you may support me with your like/comment ❤️
XRP - 29c back on the cards for Cripple? 📉Hi Traders, Investors and Speculators of Charts📈
XRP has once again disappointed by being one of very few coins that did not rally during the recent BTC surge, which ultimately led to a new ATH. You would expect more from one of the altcoins-Titans, but unfortunately the fundamentals for XRP are looking terrible (at best).
The price has lost a long-standing trendline which acted as support, a bearish sign for the foreseeable future (until we can reclaim daily candles above):
XRPBTC is trading at all time lows (again) so if you ever did want to buy (for some reason), this would probably be a good time. The multiyear triangular consolidation keeps on heading lower and lower, each breakout failing into a further decline of value-loss against BTC:
The only thing I can really say about this... is that it is utmost disappointing. XRP has become a pool of liquidity to just drain and drain, dominated by sellers every time there is an upward trend in the market. The XRP market cap is getting smaller, and there isn't much growth happening on the ledger. XRP reserves help by executives is just a quick buck for Ripple to fund their slow-bleed company.
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