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Ripple Breakout Bullish Pennant Towards $3XRP has formed a bullish pennant pattern on the H4 timeframe, indicating the potential continuation of the bullish trend. This bullish pennant pattern is not the first occurrence for XRP; in two previous instances, XRP displayed a similar pattern, each followed by an upward breakout. After the breakout, the price experienced a significant rally, establishing the bullish pennant as a consistent technical pattern. This strengthens expectations that XRP may continue its bullish trend if this breakout is confirmed again. The bullish scenario targets the psychological level of $3.00 to $3.50, with a cut-loss strategy recommended if the price re-enters or breaks below the pennant area. Fundamentally, positive sentiment is bolstered by the news that Ripple's stablecoin, RLUSD, has officially received approval from the New York Department of Financial Services (NYDFS). This approval was announced by Ripple CEO Brad Garlinghouse. With a combination of the bullish pennant technical pattern and strong fundamental catalysts, XRP is likely to continue its rally to higher levels in the coming days. However, remain cautious of potential retracements if there are sudden changes in market sentiment or unexpected news developments. Disclaimer: This analysis is part of a trading plan and does not constitute trading advice. Technical analysis is probabilistic in nature and does not guarantee profitability. Always implement proper risk management in every trading decision.
COINBASE:XRPUSDLong
by DNP-FX
Ripple Receives Approval for StablecoinMarket Update - December 13, 2024 Amazon shareholders urge the company to allocate 5% of its reserves to bitcoin:  The proposal highlights bitcoin’s outperformance against traditional assets and echoes similar moves by companies like MicroStrategy and Tesla. Crypto liquidations hit $1.5 billion Monday as bitcoin dipped below $95K:  But the world’s largest cryptocurrency rallied past $101,000 on Wednesday after positive inflation data set the stage for a rate cut next week. Ripple's RLUSD stablecoin secures approval from New York’s financial regulator:  The launch will now proceed with exchange and market-maker partnerships already in place. Hong Kong accelerates crypto licensing as global competition heats up:  Plans include streamlined approvals for crypto trading platforms and new regulation for stablecoins. The Cardano Foundation's X account was hacked, leading to fake announcements about a token and an SEC lawsuit:  The breach triggered significant trading activity and community confusion before being addressed by the Foundation. 🫱 Read more here ➕ Topic of the Week: IPOs, ICOs, and STOs – What’s the Difference?
GEMINI:BTCUSD
by Gemini
$XRP and AI: A Game-Changing Partnership with Atua AIRipple ( CRYPTOCAP:XRP ) is set to benefit from a major boost in innovation and adoption following an announcement from KaJ Labs, the developer behind the on-chain enterprise platform Atua AI (TUA). The lab has committed an astounding $100 million to develop advanced AI tools tailored specifically for the XRP ecosystem. This strategic move underscores the growing convergence of blockchain and artificial intelligence technologies, signaling a transformative phase for decentralized finance (DeFi) and enterprise solutions. A $100 Million Vision for AI and Blockchain KaJ Labs’ funding initiative focuses on creating AI-driven solutions that enhance Ripple’s robust infrastructure. Key areas of development include: - Streamlining enterprise operations through AI-powered automation. - Enhancing DeFi functionality with predictive analytics and real-time insights. - Advancing XRP-based platforms by integrating AI tools for decision-making and workflow optimization. This investment represents a pivotal step toward expanding Ripple's utility beyond cross-border payments, positioning XRP as a central player in decentralized enterprise innovation. Ripple’s Advantage: AI Meets Blockchain Atua AI’s focus on Ripple’s scalable and efficient ecosystem offers a unique synergy. Ripple’s infrastructure, known for low transaction fees and high-speed capabilities, complements Atua AI’s cutting-edge solutions. Together, they aim to revolutionize how businesses operate, offering benefits like: - Real-time analytics for informed decision-making. - Predictive modeling to anticipate market trends. - Seamless automation to enhance operational efficiency. Market Impact: CRYPTOCAP:XRP Price Outlook Despite a minor dip of 0.33%, CRYPTOCAP:XRP remains a hot topic among traders. Currently consolidating after a surge near $3, XRP’s Relative Strength Index (RSI) stands at 48.78. This indicates a balanced market sentiment, with potential for bullish momentum fueled by the Atua AI announcement. The partnership is expected to ignite interest among institutional and retail investors, potentially driving CRYPTOCAP:XRP toward new highs. Immediate resistance lies near $3, while support around $2.75 provides stability for further accumulation. Fundamental and Technical Insights Align This groundbreaking initiative positions CRYPTOCAP:XRP at the intersection of blockchain and AI, enhancing its appeal as a multi-faceted asset. As KaJ Labs channels its $100 million investment into research, AI model training, and deployment, the Ripple ecosystem is poised to benefit from accelerated innovation and adoption. For traders, CRYPTOCAP:XRP offers a compelling narrative: a top-tier cryptocurrency backed by cutting-edge technology and transformative partnerships. Conclusion KaJ Labs’ $100 million commitment to the XRP ecosystem highlights the increasing role of AI in blockchain. With Atua AI spearheading this initiative, Ripple is set to unlock new possibilities for DeFi and enterprise solutions, paving the way for a more integrated and efficient decentralized economy. Key Levels to Watch: - Resistance: $3 - Support: $2.04 - RSI: 48.78, indicating potential bullish movement. Ripple and Atua AI’s partnership represents a milestone for blockchain innovation, with CRYPTOCAP:XRP poised to lead the charge into a new era of decentralized intelligence.
Long
by DEXWireNews
2
BULLISH FLAG - POSSIBLE BREAKOUT As illustrated, the market is holding a bullish structure (flag), and within it an inverse Head & Shoulders. If price manages to hold and break the resistance trend line of the flag, you could expect price to expand the same distance as the stick of the flag; that means the first expansive move before the formation of the flag. - Illustrated in blue arrows. It seems that crypto news will continue to come out strong and positive for the industry and the general crypto market, and so I personally don't think the bull run is over at all; as a matter of fact, I strongly believe it's only getting started. Price must respect the invalidation level I illustrated in red line for this idea to hold on the long run. -- GOOD LUCK!
COINBASE:XRPUSDLong
by PersaGold
7
Technical Analysis of XRP/USDT📊 Technical Analysis of XRP/USDT (Weekly Chart) Key Highlights: Long-term Ascending Channel: The chart shows a strong upward ascending channel highlighted by blue lines. 📈 The lower boundary serves as strong support, and the upper boundary acts as a key resistance. 🔵 Support and Resistance Levels: Resistance Zone: Between $2.6 and $1.9. 🟥 Support Zone: Around $0.96 and the lower boundary at $0.29. 🟩 600% Target: A potential bullish target of around $6.54–$6.39 has been identified. 🚀✨ ✅ Possible Price Movements: The price has recently rejected near the resistance zone and may retrace toward $1.9. 🔄 If the support level at $0.96 holds, a bullish rebound toward the channel’s upper boundary and the $6.54 target could occur. 📈💹 Breaking below critical support (below $0.46) may lead the price toward the channel's bottom, near $0.29. ⚠️📉 🎯 Trading Strategy Suggestion: Buy Entry: Near key supports like $0.96. 🟢 Stop Loss: Below the channel’s lower boundary or $0.46. ⛔️ Take Profit: Around $3.0, $6.54, or the channel’s upper boundary. 🏆 🛑 Important Note: This analysis is for informational purposes only. Always perform further research and apply proper risk management before making financial decisions. ⚠️
Long
by ehsancrypto72
Ripple Faces New Legal Hurdles Amid XRP’s PerformanceRipple Labs finds itself under renewed legal scrutiny as plaintiffs in the class action lawsuit, In re Ripple Labs Inc. Litigation, filed appeals with the Ninth Circuit Court. The ongoing legal battles surrounding Ripple and its native token, XRP, continue to cast a shadow over the cryptocurrency’s prospects despite its significant market performance in recent months. The Legal Landscape Proposed Order to Deny Ripple’s Bill of Costs Plaintiff Bradley Sostack has filed an objection to Ripple’s bill of costs in a California district court, proposing an order to deny the company’s request to cover litigation expenses. This move underscores the persistent contention in the lawsuit, with plaintiffs challenging Ripple’s earlier favorable judgments, including those regarding summary judgment and claims under California law. Upcoming Deadlines Adding to the complexity, the principal brief in the high-profile Ripple vs. SEC case is due on January 15. This timeline aligns closely with speculation about SEC Chair Gary Gensler’s potential last-ditch efforts to impose additional regulatory challenges on Ripple before his anticipated departure on January 20. Ripple’s Strategic Developments While legal battles rage on, Ripple has continued to innovate. Recent developments include the launch of the RLUSD stablecoin, further cementing its ambition to dominate blockchain-based financial solutions. However, this progress has been somewhat overshadowed by the ongoing litigation. Technical Analysis From a technical standpoint, XRP’s price dynamics reflect the broader market sentiment influenced by the lawsuit: - Current Performance: At the time of writing, XRP is trading at $2.40, experiencing a 1.37% decline within the past 24 hours. - RSI Weakness: The Relative Strength Index (RSI) is hovering around 50, signaling a lack of clear momentum. This aligns with the market’s cautious approach amid uncertainty surrounding the legal outcomes. - Bearish Reversal Pattern: XRP appears to be forming a bearish reversal pattern, suggesting a potential decline if market sentiment doesn’t improve. Fundamental Perspective XRP has been a standout performer, with a 400% rally in recent months attributed to Ripple’s victories against the SEC and its strategic moves in the financial ecosystem. Despite this, the token remains vulnerable to the ongoing legal challenges and regulatory scrutiny. Key Considerations: - The outcome of the appeals and the SEC’s principal brief could significantly impact XRP’s market trajectory. - Ripple’s ability to continue its technological advancements, such as expanding its stablecoin ecosystem, will be crucial in maintaining investor confidence. Conclusion Ripple’s legal battles represent a pivotal moment for XRP and the broader cryptocurrency market. While the token has shown resilience with impressive gains and innovations like the RLUSD stablecoin, the uncertainty surrounding its legal status continues to weigh heavily. Investors should keep a close watch on the January 15 deadline and the broader implications of regulatory actions under the SEC’s leadership transition.
by DEXWireNews
XRP - History Repeating Itself... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📔I find the OKX:XRPUSDT 4H chart interesting. Previous post: Do you notice a pattern here? is XRP doing again? 🔄 If history will repeat itself, a break above the green zone around $2.7 is needed to signal the start of the next bullish movement. 🎯Once the setup is activated, $3 will be the short-term target, and then $5. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
10
HBAR gearing up for ATH: $0.80As said in my previous analysis, Hedera Hashgraph is the layer 1 in crypto to look out for and shortly after it did a 2.5x! Find the analysis below why Hedera is the superior layer 1 in all of crypto. Now, ofcourse after a big run up, there's need for a consolidation and HBAR did just that. Currently its repeating November's fractal pretty perfectly. If(!) Ethereum doesn't correct today and keeps momentum, I expect HBAR to breakout. Key levels to break: 0.32 & 0.34. HBAR is currently sitting on a conflux of volume weithed support and the 4HR 50 EMA which (if the overall market stays bullish) will give support for a run up towards ATH. I expect HBAR at ATH by the end of december if the market keeps momentum. DO NOT LEVERAGE TRADE, SPOT ONLY & DYOR. Good luck and have fun! :)
Long
by cryptobullethbtcxlm
1
XRP / USD - WHAT IS GOING ON? - CryptoManiac101XRP / USD OUTLOOK Here we are again guys... The make it or break it phase. If we look at the overall structure. It's bullish, we're making a bull flag on the 4H chart and this is actually the 3rd time, within the last 30 days that we've hit resistance in a similar fashion, only difference is...? Each time we get more of the accumulation phase, which is then followed up by an even bigger pump. Will it happen again? Only time will tell, but we are getting very very close to a hyper excitement phase whether were make a rejection here tomorrow or break out of it today. Either way, through it would be interesting to show you guys. Remember that this is not a financial advice and is solely for entertainment purposes.
BITSTAMP:XRPUSDLong
by CryptoManiac101
#BTC Potential Long Setup looking at the Volume increasing now and the Breakout of the Value Area High with Confluences also from the WVAP i personally could now imagen that this Drop what we had was the last Drop for now to catch everything deeper. i will take a Risk and it is my Personal thought that we will see those Targets on BTC: 📈 Entry CMP : 101164 🛑 SL: 97993 🎯 Target 1: 105710.5 🎯 Target 2: 112919.0 🎯 Target 3: 124707.0 🎯 Target 4: 136410.0 🎯 More TP: 140k - 150k also do your own Reseach this is my own idea. Cheers to all and happy Trading.
BYBIT:BTCUSD.PLong
by ML-Master
XRP/USDT (4H) — A look at the current situationHello, friends! 👋 Let’s analyze what’s happening with XRP on the 4-hour timeframe and what prospects lie ahead. 📈 Current Trend Currently, XRP/USDT is showing signs of local growth after a pullback. We observe: The price is breaking through local resistance around $2.40, consolidating slightly above. Key zones: • Strong support: $2.35 (green zone). The price tested this area and rebounded upward. • Weak resistance: $2.46–$2.48. Breaking through this zone could pave the way to $2.60. 🔍 Signals from Indicators 1. Midas Multi Indicator shows confident Buy signals in the $2.35–$2.40 area. 💡 2. MACD (Midas Down) indicates a growing bullish momentum: lines have crossed upward, signaling buyer strength. 3. Volumes: Increased activity is observed — confirmation of buyer interest. 📊 Price Movement Forecast • Probability of growth: 70%. If the price consolidates above $2.46, we may see a test of $2.60. • Probability of decline: 30%. In case of a pullback, the key support level is at $2.35. Justification : A reversal pattern is visible on the chart, and buyers are actively defending key levels. 💡 What am I doing? • Waiting for consolidation above $2.46 to confirm the upward momentum. • Considering entry points after a resistance breakout or on a support retest. ⚠️ Attention! Monitor the overall dynamics of the crypto market. Any unexpected news could affect XRP’s movement. Did you enjoy the analysis? Support with a like and drop a rocket 🚀! Follow to not miss the next updates 🔔 ❓ Frequently Asked: Which indicator do I trade on? It’s Midas Multi Indicator. Want to try it for free? Follow the link in my profile signature! 😉
Long
by VctMid