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Xrplong

XRP in Wave 3 Dear Traders XRP is in wave 3 which will move over 0.49 then will pull back to 0.4370 and in this rate we get ready for wave 5 which will lead the market to 0.5860 All the waves are clear in the chart. in Wave 1, the subwave 5 didn't pass wave 3 and this wave made it complicated. I was planning to count wave 2 as the subwave 4 of wave 1 which was rejected because subwave 4 couldn't cross subwave 1. If you are agree with my analysis please click the Like button I will find out we are in right decision or not. Thank you Best wishes
Long
by FireXForex
3
XRP - Buy again at 35cOur updated chart after today's rise. As we had posted yesterday the rise was expected but a strong resistance at 52 cents has pulled the price back to 40cents and probably will go lower before testing support at 35 cents. NEWS: In a Friday filing, Ripple pushed back against the SEC’s allegations, which claim that the firm violated U.S. securities laws for over seven years by selling $1.3 billion worth of XRP tokens. “The functionality and liquidity of XRP are wholly incompatible with securities regulation. To require XRP’s registration as a security is to impair its main utility,” the response said. In a 93-page filing, Ripple responded to each of the SEC’s paragraphs. In its affirmative defenses, Ripple stated that XRP is not a security or investment contract, and the firm’s sales or distributions of XRP are likewise not investment contracts. “The Complaint mischaracterizes advice that Ripple received in 2012, from which a reasonable reader actually would have concluded that Ripple Credits (a past name for XRP) were not a security,” the filing adds a few paragraphs down. Ripple is also claiming that the SEC did not provide fair notice that its sales of XRP might be violating the law. In addition to filing its response, Ripple filed a Freedom of Information Act request for documents from the SEC on how it determined that bitcoin and ether, the top two cryptocurrencies by market capitalization, are not securities. reference: www.coindesk.com
BITSTAMP:XRPUSDLong
by FX_Professor
11
XRP - 4h. Ripple came to life againAfter a week of trading in the XRP market , buyers still managed to take control of the local mark of $0.28 . This mark caused a lot of problems for buyers, sending the XRP price on January 25 and re-test the range of $0.24-0.26. However, the retention of buyers in this range provoked a new wave of growth , which broke the consolidation in the range of $0.24-0.31 . As you can see in the chart, yesterday's fall in the price of BTC after the momentum did not affect the XRP market. Buyers confidently kept the price and today continued to grow with the goal of the test range of $0.36-0.38 . Once fixed above this range will be a good opportunity to join the rise in price of XRP with a target of $0.46 However, won't bitcoin take all the attention again? See in our section "Bitcoin weekend" ______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
22
XRP and SEC ⚖️ - Could be a good thing 👋😺You guys asked for a video , so here it is: SEC's new president, who he is, what he likes (he definitely likes Bitcoin) and what could happen. In this video I share some info from my research on SEC's new president Mr Gary Gensler - link for those who have time to burn on Mr Burns XRP is a security Airdrops don't get you off the hook , maybe he is the guy who get's RIPPLE off the hook..who knows? ps. I am buying some Ripple again. Last time it went well. ps2. Gary Gensler can not invite Satoshi to 'regulate his ass' but he can call Ripple (and others) which again, could be a Great thing.. or could it be the contrary? Money talks guys, it's a good thing. Interests tend to meet each other's requirements.
BITSTAMP:XRPUSDLong
by FX_Professor
5
XRP-6h. The $0.46 target is still relevant.While various coins, such as UNI ADA , LINK , have been enriching their investors all last week, XRP has continued to gain strength. The fact that the previous weekly candle closed above 0.26 is already an achievement for the XRP market. The initiative of buyers, which they started on January 6-7, is preserved. On January 15, sellers showed weakness and failed to update the local low. The sellers' attack of January 11 markedly began to end. Trading volumes near the local critical price zone $0.24-0.26 are very low. This fact denies the preparation of sellers for the breakdown of this range. Therefore, our main scenario is a breakdown of consolidation upwards with the first target of $0.36-0.38. By the nature of the price increase, it will become clear whether buyers have the strength to continue to grow to the global target of $0.46-0.48 without correction. However, the confirmation of this scenario will be breaking the mark of $ 0.31 We will consider an alternative scenario in case the BTC price correction starts. Fixing below $32,000 The situation in the XRP market can change dramatically. In this case, we will consider a test in the range of $0.17-0.18. ___________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
9