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XRP price fractalsWe've seen the 3 stage breakout pattern twice in XRP on the weekly chart. The first level gained magnitude from the 1st level breakout to the 2nd level. Assuming that the next XRP breakout from the 2nd to the 3rd level is at a minimum equal, here are the projected price patterns you can expect. Keep in mind that if the fractal pattern continues, then the accent to the 3rd level will gain magnitude over the 2nd and will be larger than the estimate below. First wave - $5.28 Second wave - $29.13 Third wave - $289.8
BITSTAMP:XRPUSDLong
by MetaShackle
12
XRP News: Ripple & Whale Move Over 106 Mln XRP As Price NosediveXRP, a cryptocurrency jacked up by Ripple Labs, once again appears to be creating a sense of frenzy within the cryptocurrency universe following the increase in whale activity orbiting around the token today, November 28. The whale activity encompassed two significant transactions, transferring tokens to centralized exchanges and unknown wallets simultaneously. Concurrently, the XRP price also noted slight price falls, subsequent to the surge in whale movements. Despite the ripple community’s ongoing efforts to build up support for their token, the price fall portrays market sentiments on the contrary. A Closer Look Into XRP Whale Activity As per the data unveiled by Whale Alert, a platform offering blockchain tracking metrics, two massive transactions occurred today. The first transaction that enticed market enthusiasts moved a whopping 80 million XRP from Ripple to an unknown wallet approximately 9 hours ago. Reportedly, the unknown wallet address, JqiMb94hy…W8AzELa8nE, received these funds from a wallet on Ripple, amounting to $48.11 million. Besides, the prior stated transfer indicates a potential decrease in the circulation supply, which should have resulted in a price surge. However, today’s XRP price seems otherwise. Furthermore, the second transaction that gained significant attention within the broader crypto markets transferred 26.70 million XRP to Bitstamp, a Luxembourg City-based digital asset exchange. As per the data, the unknown wallet, r4wf7enWPx…5XgwHh4Rzn, made the transfer approximately ten hours ago. The amount of tokens transferred to Bitstamp totaled $15.97 million at the time of writing. The same wallet has been noted transferring over hundreds of millions of XRP to CEXs like Bitstamp and Bitso in a series of transactions over the past few days. These transfers of tokens to exchanges hint toward a possible surge in supply, thereby reducing the demand. The price fall witnessed by the token appears to fall in line with the recent dumping of tokens to exchanges. XRP Price Report At the time of writing, the XRP price witnessed a marginal downfall of 0.75% in the past twenty-four hours, reaching $0.6018 today. Furthermore, the cryptocurrency also witnessed a slight fall of 1.29% over the past week. Concurrent with its price fall, the twenty-four-hour trading volume for the XRP cryptocurrency also witnessed a substantial decrease of 24.84%, evaluating $1.06 billion. The price fall appears to come despite the community’s efforts to jack up the XRP tokenomics. In recent news revolving around the Ripple community, Wietse Wind, the founder of XRPL Labs and the Xumm Wallet, recently pointed out an innovative partnership with MasterCard. The partnership eyes the integration of Mastercard debit cards into the XRPL wallet to foster and revolutionize the way XRP is used.
Long
by DEXWireNews
Xumm Wallet Set to Integrate Mastercard Debit FeaturesXRPL Labs' Wietse Wind hints at Xumm Wallet's Mastercard integration, boosting digital asset transactions and security. In a significant development for cryptocurrency wallet users, Wietse Wind, the founder of XRPL Labs and the creator of Xumm Wallet, has announced plans to integrate Mastercard debit card functionality into the Xumm wallet. This update revealed through tweets, demonstrates XRPL Labs’ commitment to enhancing the user experience and expanding the wallet’s capabilities. Xumm Wallet Integrates Mastercard for Flexibility Wind’s revelation came in response to an XRP enthusiast’s query about possibly using a debit card with Xumm. He indicated the integration would involve “Debit Mastercard, self custody, card authorization with custom on ledger limits on your account using a Hook.” This update aligns with XRPL Labs’ ongoing efforts to incorporate more traditional banking features into the digital currency, providing users with enhanced flexibility and control over their funds. The integration of Mastercard with Xumm wallet is expected to streamline transacting with digital assets. Users will be able to leverage the global acceptance of Mastercard, enabling them to transact seamlessly across various platforms and services. The integration promises to bridge the gap between traditional financial services and the burgeoning world of digital currencies. Alongside the Mastercard integration, Wind also touched upon the new functionalities for the Xumm-Tangem NFC hardware wallet cards. These cards, not intended for use at terminals and ATMs, offer a physical means of securing cryptocurrency assets. Wind clarified that the Tangem cards are primarily for hardware self-custody, unlike the proposed debit card functionality. The Tangem NFC hardware wallet cards, as mentioned by Wind, will allow users to pre-fund their wallet card with a specific amount in XRP in addition to the account reserve. This feature enhances the security and convenience of users who manage their digital assets. Xumm Integration Balances Fees with Innovation The announcement was met with queries and concerns from the XRP community, notably regarding the potential for additional transaction fees. John Mcclain, an XRP user, expressed concern over the possibility of an extra 1% fee, drawing parallels to existing custody solutions like the U.S. exchange Uphold, which already imposes significant fees for debit transactions. Price Momentum MA is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:MALong
by DEXWireNews
Whale Moves 25 Mln XRP As Community Initiatives Drive PriceXRP once again gains significant traction in the crypto realm following whale movements and the Ripple community's advancements. XRP, a cryptocurrency backed by Ripple Labs, is once again creating quite a buzz in the crypto realm as a whale transferred enormous amounts of XRP coins to a centralized exchange today, November 20. The colossal transfer caught the eyes of cryptocurrency traders and investors alike as the same whale was observed transferring millions of XRP in a series of transactions over the past few days. Concurrently, as of today, the XRP price also witnessed an upsurge. The notable shift in the price seems to come in alignment with the recent upper hand gained by Ripple Labs in the US SEC vs Ripple lawsuit, along with the Ripple community’s decision to offer aid to numerous projects leveraging the XRP Ledger (XRPL). Whale Transfers XRP To Exchange According to the data provided by Whale Alert, a blockchain tracking platform, an unknown wallet, r4wf7enWPx…5XgwHh4Rzn, recently transferred 25 million XRP to a centralized exchange, Bitstamp, headquartered in Luxembourg City, Europe. The massive transfer of XRP caught the eyes of crypto traders globally as the dumping of tokens to centralized exchanges usually portrays a bearish sentiment due to the increase in the number of tokens in circulation. However, the XRP price displayed market sentiments on the contrary, surging marginally as of today.
Long
by DEXWireNews
Creating NFT's on XRP Ledger with SOLO 🎨Hi Traders, Investors and Speculators of Charts 📈📉 In the simplest terms, Non-Fungible Tokens (NFTs) are digital assets stored on a blockchain. Unlike traditional cryptocurrencies, which are often traded on decentralized exchanges, NFTs represent ownership of specific items such as digital art, in-game items, music, and even real-world assets like land or property. NFTs provide a new way to store value and participate in the digital economy. While still in the early stages of adoption, some NFTs have sold for millions of dollars. How NFTs work: NFTs are digital assets that allow for true ownership of digital items. They are created using blockchain technology, which provides a unique record of ownership and prevents counterfeiting. NFTs can represent various digital assets like digital art (JPG, GIFs, PNG), sound recordings, and collectibles. While the blockchain attached to an NFT is unique, the asset itself can be copied. This brings into question the value of NFTs, and creators should understand the market and their audience. Benefits of NFTs: 👍NFTs offer unique and collectible digital assets with inherent rarity and value. 👍NFTs are resellable and tradable, allowing owners to sell or trade them with others. 👍NFTs can be easily authenticated and verified through blockchain technology, providing a transparent record of ownership. 👍NFTs can include smart contracts, which allow creators to receive royalties from every subsequent sale of the NFT. Drawbacks and risks of NFTs: 😒The NFT market is volatile, and the value of NFTs can fluctuate quickly. 😒There's no guarantee that NFT art will sell right away, and it may take time to build interest and find buyers. 😒NFTs can be a confusing concept for many people, limiting their adoption and investment potential. 😒The environmental impact of minting and trading NFTs, resulting in large carbon footprints, is a concern for some. 😒The images of NFTs can still be copied, even though the blockchain technology attached to them is unique. Steps to create and sell NFT art: 😎Decide on a concept for your art and research trending NFT art styles. 😎Choose a blockchain technology for creating and developing your NFT. 😎Set up a digital wallet, which is like a bank account for cryptocurrency and stores your public and private keys. 😎Select an NFT marketplace that supports your chosen blockchain. 😎Promote your NFT through various channels such as a website, social media, blogs, online communities, and collaborations. 😎Upload and mint your art token on the chosen marketplace, paying a gas fee for transaction processing. 😎Price your token based on research and associated costs, and list it for sale on the marketplace. Note that this is not a paid shill or endorsement, relating to the topic above of minting NFT's on XRP, Sologenic is a great option. Sologenic disrupts the asset trading industry by offering a decentralized ecosystem for Tokenized Securities, Crypto Assets, and NFTs. The Sologenic Development Foundation consists of independent developers dedicated to maintaining, expanding, and building the Sologenic ecosystem. Sologenic.com serves as the primary use-case for the Sologenic Ecosystem, providing on-demand tokenization of various assets, including Stocks and ETFs. There's also the mobile app for convenience and wallet creation. Sologenic, the pioneering NFT marketplace built on the XRP Ledger, has received a grant from XRPL Grants. This grant program selects open-source projects that contribute to the growth of the XRP Ledger community. The approval came shortly after the successful launch of the Sologenic NFT Marketplace in January 2022. Sologenic's vision aligns with XRP's goal of revolutionizing decentralized finance (DeFi) by offering decentralized and borderless access to financial products and services while prioritizing security and performance. By leveraging the XRP Ledger's fast and efficient consensus algorithm, Sologenic aims to provide an intuitive and cost-effective platform for NFT trading. The recent introduction of the NFT-Devnet unveiled the capabilities of the new XLS-20d technology, which enables native support for NFTs. Sologenic announced that once the technology becomes available on the Mainnet, a seamless migration of NFTs minted under the current XLS-14/SOLO methodology to the new format will be supported, preserving the history of each NFT. Operating within the same ecosystem as the Sologenic DEX, a decentralized exchange for cryptocurrencies such as XRP, SOLO, and upcoming Tokenized Assets, the NFT Marketplace offers a user-friendly interface for both newcomers and experienced traders. Sologenic aims to bridge the gap between traditional trading and NFTs, empowering users to have full control over their digital assets through their preferred private wallets. Within its first week of operation, the Sologenic NFT Marketplace witnessed the sale of 4,300 NFTs, prompting the introduction of new features. The team has implemented profile and collection verification protocols to enhance user security within the decentralized ecosystem. Noting that this is BULLISH for the price of XRPUSDT, as it increases adoption and market cap. SOLOUSDT has recently released and the price is dirt cheap. It looks like most of the hype and airdrop sales are over, I'd be looking to start accumulation from now onwards (even though I expect the price to drop more, so it will be spot definitely not leverage). I am EXTREMELY bullish on SOLO due to the revolutionary nature of their products including minting on XRP and stock market trading options. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We appreciate your support ! CryptoCheck
Long
by CryptoCheck-
24
The 'Star-pattern' successfully predicts another breakout in XRPAfter I successfully predicted the first breakout on March 19th which occurred a few days later (see link below), and having just predicted this breakout we're now seeing shortly before it occurred, XRP is now flagging nicely on the 15 and 30 min charts. This is what I call the 'Falling-Star-Pattern,' and it's performed well for me over the years. Compare this chart to the one in the link below to see what I'm talking about in regards to that pattern. Get to know it, you won't regret it!
BITSTAMP:XRPUSDLong
by MetaShackle
5
$XRP/USDT 1D (#Bybit) Descending wedge breakoutRipple regained 100MA support while rest of the market is tanking, seems likely to push higher towards TL resistance. ⚡️⚡️ #XRP/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (3.4X) Amount: 5.0% Current Price: 0.3924 Entry Targets: 1) 0.3907 Take-Profit Targets: 1) 0.4593 Stop Targets: 1) 0.3449 Published By: @Zblaba $XRP #XRPUSDT #Ripple #XRPL #XrpLedger Risk/Reward= 1:1.5 Expected Profit= +59.7% Possible Loss= -39.9% xrpl.org
Long
by TradingOn