Xrpsec
Overview: XRP MARKETCAPThis is an updated chart, visualizing the XRP Marketcap in a bigger picture.
It's a great way too remind yourself that we are in a bullish market, even though this year
hasn't been too exciting (so far).
From a technical perspective, the XRP marketcap is moving in a big symmetrical triangle/bull flag after the surge in price in 2017.
There seems to be more regulatory clarity, which leads to more institutional investors/users joining Ripple.
A breakout and a continuation of the aggressive upwards trend aligns with a possible bullish Q4 2023/ Q1 2024 and the upcoming Bitcoin Halving.
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Ares
XRPUSD (Signal) - Caught In A CorrectionAfter the recent surge in price, XRPUSD is offering us a good short opportunity to the next support, located at the $0.70 level.
In this setup i am using
VPVR: Spot the resistance for a high entry
Bollinger Bands: Reassuring my entry at the MA, which acts as a resistance in the current trend
Pivots (Auto): Spot Resistance & Support based on trading volume. Gives you an idea about where to close the short position.
Let's see how this goes!
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Ares
XRP Court Victory ! Ripple's Impact on Crypto Landscape !!The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins.
I think XRP could easily reach $1!
Looking forward to read your opinion about it!
XRP the Standard - KING of Altcoins 🕚Hi Traders, Investors and Speculators of the Charts 📈📉
If you've been following me for the past year, you'll be well aware that I am notoriously bullish on XRP. Now before you think "omg not another #xrparmy post..." - let me reassure you that this is not because of the cult-following that surrounds XRP. Infact, I'd like to explore a few other fundamental reasons on why I remain bullish on XRP. Not because of the price (although it is a bargain atm), but because of the future potential value, as taught by Warren Buffet considering Value Investing.
When it comes to investing, we can all take a page from Warren Buffet's book - invest for the future potential value and ignore the price now. Warren Buffet made his fortune by spotting great opportunities early, and talking a leap of faith. XRPUSDT is one of those altcoins that show great promise - but maybe not right now. Founded by Ripple in 2012, XRP has a massive advantage over other altcoins - time . With time comes progress, innovation and most importantly : the establishment of a network. Ripple is the only crypto-presence at the World Economic Forum, you will find their CEO (Brad Garlinghouse) on the website of the WEF . That's a great pluspoint in terms of fundamentals.
XRP wallets officially hit 4,6 Million yesterday. This proves that more liquidity is entering the market, which is a bullish sign .
In a previous post, I discussed the fundamental impact of Harvard declaring that XRP and XLM will be the future of payments (yes, this really happened):
The latest news on the SEC case vs XRP can be found here:
XRPUSDT is also HIGHLY OVERDUE for a close ABOVE the monthly resistance zone. Check out this idea from September 2022:
Final Thoughts 💭
Can you think of any other altcoins that received so much hate over YEARS from the media... and even a lawsuit form the SEC? If you've been in this space prior 2018, you'll know that XRP was the underdog of crypto. Sure, mistakes were made, but the space was new and there were no rules. To be completely logical, most companies would rip off people if they get the chance. If you're looking for a morality coin to invest in, let me know when you find one. The price related foul play in XRP's early days doesn't change the current fundamentals for XRP as mentioned above.
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XRP vs SEC LawsuitIf you haven`t bought the chart reversal here:
Then you should know that the SEC sued Ripple in late 2020, arguing that the payments firm sold XRP as an unregistered security.
The U.S. Securities and Exchange Commission must produce documents Ripple intended to use as evidence.
Coinbase Wallet announced this week that it would stop supporting Ripple’s XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM) on December 5.
For a perfect storm after the FTX exchange collapse, XRP should lose the lawsuit against the SEC and plunge into the crypto abyss.
XRP Bearish Sentiment Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum.
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
XRP/USDT short
Entry Range: $0.48 - 0.50
Take Profit 1: $0.43
Take Profit 2: $0.36
Take Profit 3: $0.31
Stop Loss: $0.56
my last bullish chart with price targets reached
Ripple are Near to Close with SEC.In Recent news. Ripple slowly find the solution with SEC. And if its close then XRP can Fly. Here is my Idea. I have already Sent the Chart in 21.12.2022. But here is now An Updated one.
I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade.
Aprox. All Crypto Currncies are Correlated to BTC. So If There is a Big Dump in BTC. All alt coin go down with it. Without Respecting any Technical Analysis
If You Like My Work Just Come and Join Me.
XRP KNOCKING ON THE DOORS OF HEAVEN XRP Bouncing off the weekly orderbock in a bullish manner and respecting the 50% level BEAUTIFUL.
As we look for a whole market correction we have liquidity residing below the lows at .70 werre well look to start filling some order down to .66 in the FVG.
For leverage trades
ENTERY .66
SL .62
TP 1 $1
XRP short-term target at $1.50!We broke up out of the large horizontal triangle and quickly met the target at $1.10. A bull pennant was formed and the price broke upwards, giving us an approximate target of $1.50. I expect to meet this target within 1-2 weeks due the the bullish price action at the moment and the good news regarding the SEC case.
XRP Has Seen The Bottom - What Is NEXT?In this technical analysis I will share a trade set-up with you that many of you will have missed. The reason it is missed is because XRP is very volatile right now and lots of people focus too much on the bigger picture. They either worry about the SEC complaint or look at the chart way too zoomed out. In reality there are lots of fantastic short term opportunities such as the one I present here. Don't worry, I will explain it step by step so you can benefit as well.
Just to recap, also based on my earlier ideas on XRP after the SEC complaint came in. It is very dangerous holding XRP long term, as its future is less certain than it has been before.
However, big announcements and newsworthy events only happen once every so many months. The SEC complaint will also take a very long time to play out. Inbetween those events there is plenty of technical analysis that can be performed.
I will keep sharing ideas and trade set-ups for XRP. The volatility is amazing, and the support and resistance zones are still playing out as normal. Just be careful you don't enter a trade during when big announcements are to be made. Be safe and trade with a stop-loss on XRP!
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!