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Xrpanaliysis

XRP/USD at a Crossroads: Major Move Imminent!Welcome to another Wolf of Block Street analysis, where we dive into the latest market trends and chart the potential paths ahead! XRP/USD is at a pivotal juncture, with indicators pointing to a potential significant move in either direction. After years of consolidation, XRP has established strong support at key levels, suggesting that a breakout above recent resistance could trigger a major bullish move. Howewer on the bearish side, XRP is contending with resistance from a downtrend line and declining volume, which eventually could lead to the liq grab to the downside before further upside. The coming trading sessions will be crucial in determining whether XRP breaks higher or dips lower, making this a critical moment for traders. Fundamentally, I still believe XRP is the best crypto coin, thanks to Ripple’s extensive work in building a robust payment network and continue their work despite the SEC lawsuit. XRP is faster and more efficient than Bitcoin in every way, offering quicker transaction times and lower fees. An NFT platform is also being built on the XRP-Ledger and we can finally say that Bitcoin and XRP are the only digital assets that have achieved any regulatory clarity! On that note, thanks for reading! Make sure to follow me on X for weekly updates: @PuppyNakamoto
BITSTAMP:XRPUSD
by WOLFofBlockStreet
5
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP was a notable gainer on Friday, as the cryptocurrency climbed higher for a fourth straight session. XRP/USD peaked at a high of 0.5051 earlier in the day, which comes a day after trading at a low of 0.4824. As a result of today’s gains, XRP, formerly Ripple, rose to its highest point since September 1, when the price traded at a high of 0.5115. the move occurred after the token broke out of a resistance level at 0.4920. This took place as the relative strength index (RSI) briefly escaped a ceiling of its own around the 38.00 mark. Price strength now sits at 38.42, with the next visible point of resistance at 42.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
XRP/USDT 3DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP has been consolidating around 50 cents for a while now and closed the week with a minor loss of 1.7%. This cryptocurrency has strong support at 47 cents, which is not far from the current price. If sellers return, then this level could be tested again, similar to mid-August. The resistance is at 56 cents, and so far, buyers have not been able to test this level. This lack of strength on the buy side could continue for some time as the overall price action remains bearish. XRP appears to want to hold around 50 cents, which is a key psychological level. The current flat trend seems likely to persist, and so long the price does not lose its support at 47 cents, a recovery could follow once the consolidation ends. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
XRP/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- A closer look at the daily chart shows a notable drop in XRP price due to elevated selling pressure and an increasing bearish sentiment. The price slipped beneath the crucial 100-day MA at 0.55, reaching the 200-day moving average at 0.5. This downward movement has disrupted the bullish trend, resulting in a rejection. a sudden rebound pushed the price back above the 200-day moving average (the Grayscale’s win over the SEC pump), only to reencounter rejection, leading to another dip below the significant MA. This particular support area carries substantial weight, and if support holds, it has the potential to halt further declines. Nevertheless, a breakdown below the 200-day MA, followed by a subsequent pullback, could signal the beginning of a medium to long-term bearish trend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
XRP/BTC 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/BTC update by CRYPTO SANDERS. CHART ANALYSIS:- Against BTC, XRP’s price has been decisively rejected to the downside by the 2,800 SAT resistance level. The cryptocurrency is currently on a steep downtrend towards the 2,200 SAT area. In case the level holds, XRP is likely to attempt the 2,800 SAT area again in the next few weeks. Conversely, a breakout below the mentioned level would result in a deeper pullback, with the 50-day moving average being the probable short-term target. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
3
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Ripple (XRP) This past week, XRP had a good attempt at breaking the key resistance at $0.36 but was swiftly rejected by the bears. For this reason, the price fell by 3.4%, and XRP is now found just above the support at $0.33. Should buyers hold here, then it’s likely that XRP moves sideways between the key levels. However, any weakness could quickly be exploited by sellers that could push the price back to $0.30, which is a critical support that must hold. If buyers fail to stop this downtrend, then this cryptocurrency will quickly find itself in a precarious situation, particularly if it loses its support at $0.30. That would open the path to lower lows in 2023, which would make the new year start with a bearish price action. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563