Xrpthestandard
XRPUSD -Daily chart prediction on Feb 2021XRPUSD on the daily chart. Previously predicted bearish movement hit aound $0.55 at the supply zone and bounce back up to around $0.9. Now price predicted to make another dip to hit another demand zone and make Lower Low (ref to chart). It based on Weekly candle that are now seems like rejecting market price at current supply zone (ref to weekly chart-you will see it clearly).
But, if price able to break the weekly supply zone, price might be able to create new higher high. Look at the large flag pattern on daily/week chart - price will go higher than that.
***Just for sharing opinion based on supply n demand strategies, not financial advice. ***
XRP WHATS NEXT?????????????- As you can see we are on the edge of the trend line
Scenario NO 1: We break the trend line for a short period of time like we did when the SEC sued RIPPLE, then we work our way up again.
Scenario No 2: We continue to the upside and continue consolidating until the case is over or if BTC starts dumping, however I believe we could be in a short term correction before we move up, I personally do not believe BTC has topped of, if it has then we should see a ALT season.
Scenario No 3: We continue breaking to the downside and go low as $0.30 or continue down to $0.14, which could mean a bear market!!
Scenario No 4: We may be entering a bear market but I do not believe that to be the case at all!!!!!!
XRP LONG TERM TA WITH MASS ADOPTION!- As you can see XRP has been supressed for 1,400 + days now, it still has not broken its ATH!
- It was the number one crypto in the previous BULLRUN!
- Its clear the SEC are just taking the piss, they have let ETH with a free pass even though they also had ICO's (INITIAL COIN OFFERING)
- The price would have been at around $5-15 easily if the SEC didn't stick their leg into the project!!!
- But its clear XRP will bridge CBDS's so long term we will see a 3 DIGIT XRP!!
- I am not so sure about 4-5 digits that could take some time, remember RIPPLE did say we will first take over the remittance market which I believed they said was around $150 TRILLION and only then they said they will focus on other avenues!!
xrp between a rock (solid support) and a hard (resistance) placexrp has been consolidating in the symmetrical triangle throughout the whole bullrun, held back by the sec news.
with the recent crypto drop xrp deviated from the shape and has now recovered inside.
most of the traded volume throughout 2021 has been below $1.10
for me id like to see xrp hold the current area (all beit a small dip below would be fine, and show support if brought back up), recover the mean and start tackling the monthly bearish orderblock from the sec news dump. a break of $1.55 will suggest a new ATH is on the cards.
XRP to 10$ and beyondXRP setting up for explosive price in the end of the year, like it has done the last two bitcoin cycles.
We can see across the board how the SEC have started moving and going after other crypto projects. Ripple have been in this position since December when SEC decided to go after them, could they be the first to find clarity before everyone else? Or will the industry finally support it?
What happens if there is clarity & when exchanges have to re-list it again?
I believe price will go up either way because of how XRP is positioned in the cycle and how the market is forming with bullish structure.
XRP TO MELT FACES 🚀 ZOOM OUT - YOUR PATIENCE WILL BE REWARDED!!We are just waiting for this week or next week. Might test the $0.92 levels but overall its bullish.
Need to break $1.13-$1.14, then 1.40 and then we begin climb to the moon $13.
Wait for the catalyst for moon launch (SEC, relisting in exchanges etc.)
"Let's just see what happens..."
"Patience is key...."
$XRP RippleEnough said about this coin!
Not F.A.
Just drawing up something that kind of looked interesting to me.
But You Already KNOW,
#XRPTheStandard
Looking at this thing long term, I just hope its about that time the "bots and switch" that's on it, could finally let the numbers start running.. lol
With a Law Suit on its back, this coin is going to Rise Above.. But I heard between March- May case should be over??? Who even knows anymore...
Just have to give it time still. This is going to be a very amazing bull run regardless for XRP though in the next couple yrs and cycles...
BITSTAMP:XRPUSD
$XRP 10,000-35,000When your going long in XRP n
You HODL till bout 2030 and I bet my
Predictions pan out right some day...
Some people might laugh at this or NEVER see it, but ill be the first to show HOW FAR we REALLY are from our goals...
They said CRYPTO would NEVER be used but honestly, after figuring out the BEST of the BEST for RIGHT NOW, Ill let ppl DTR
#XRPTheStandard #Crypto
XRP Ripple Analysis & NewsHello everyone, as we all know the market action discounts everything :)
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XRP price has dropped to 0.91920. XRP should have performed better given its development this year. However, The main reason why it's doing badly is its prolonged legal battle with the SEC, which caused a lack of media coverage for all its projects development.
The second reason is the continued sale of XRP coins by Jed McCaleb the founder of Ripple and he served as the CTO of the company Ripple until 2013.
In January 2018, it was reported that McCaleb's Ripple token ownership was worth between $10 $20 billion, and holds about 2.5 billion tokens currently.
The latest drop happened because of the Chain's Ban on cryptocurrency which affected the entire crypto market and almost all of the coins lost value in the last 4 days.
But we will see an increase in value soon for 2 reasons :
1) Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger (CBDC Project)
2) RippleX Grants $2 Million to Promote NFT Solutions on the XRP Ledger
Possible Scenario for the market :
it Does seem like the market is holding the Bearish state for a bit which could lead the price to drop more where it will reach the support zone located between 0.91921 - 0.89812. But with all the projects that are been developed by Ripple the market is due to turn Bullish and the trend will probably start at that support level where a bounce will happen leading the XRP price back to the first resistance line at 0.95888 and after that it is gonna zigzag all the way back to the $1.2 range or even higher.
Technical indicators show :
1) The market is below the 5 10 20 50 MA and EMA but above the 100 200 ( Which indicates a Bearish short-term trend but a Bullish long-term trend )
2) The RSI is at 40.22 showing weakness in the market. No divergence found between the market and indicator
3) The MACD is below the 0 line indicating that the market is in a Bearish state, With a negative crossover between the MACD line and the Signal line.
Daily Support & Resistance points :
support Resistance
1) 0.91921 1) 0.95888
2) 0.89812 2) 0.97746
3) 0.87954 3) 0.99855
Monthly Support & Resistance points :
support Resistance
1) 0.80603 1) 1.45796
2) 0.42541 2) 1.72927
3) 0.15410 3) 2.10989
Fundamental point of view :
Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product.
According to Ripple, the Royal Monetary Authority expects to enhance digital and cross-border payments. Also, they plan to expand financial inclusion for its residents by 85% by 2023. As of 2019, based on a report published by RMA, it was 67.6%.
Although Bhutan is a small country in the Himalayas, it is the only carbon-negative nation worldwide. In line with this, Ripple emphasized that the CBDC solution would be a match for its principles.
“Ripple’s commitment to sustainability was important for Bhutan. The CBDC solution is carbon-neutral and, because it’s based on the public XRP Ledger, is 120,000x more energy-efficient than proof-of-work blockchains.” According to bitcoinist
NFTs Are The New Battlefront For Ripple’s XRP Army
The main focus of the applications was the development of open-source projects dealing with NFTs on the XRP Ledger or XRPL.
XRPL encompasses everything we currently consider the XRP ecosystem and is an evolution of the former Ripple Consensus Ledger (RCL). Ripple’s former products, xRapid, xCurrent, and xVia, were, in turn, merged into what is now known as the RippleNet, quickly gathering over 200 customers by 2019.
Although Ripple’s focus point has for long been to offer a fast and cheap payment network, it seems that developers are looking for ways to squeeze the potential out of this blockchain and adapt it to the new times. NFTs are an odd use case for the XRP ecosystem, despite their popularity. According to cryptopotato
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
The Only XRP Analysis You NeedIt's possible they will do one last fake out (.71-.80~ area) before we dip to .44-.30 area where we will most likely consolidate for the next few months.
When we do dip to the next consolidation area, expect the shills to go on full bull run mode saying that the correction is over. DON'T BUY THEIR B.S.
XRP is correlated to BTC. Sorry folks the narrative about decoupling is still few years from us, so for now we stay with what's true. If BTC goes down, so will XRP. Now about the other catch. BTC is correlated to the stock market. If S&P and Dow even make a 4% correction, expect BTC and the entire crypto market to plummet. Every indicator right now is pointing towards the stock market having a major correction, perhaps more than 4%, in the near future. Maybe even the next few weeks. Which is the switch I'm looking for to send XRP down to my targets.
The three targets I have on the chart are .21, .16, and even .10 cents per XRP.
These targets will be where the whales are waiting so I expect these to be quick wicks that will last no more than 30 mins to an hour before we go back to the consolidation area.
The longer BTC consolidate on the 30k area, the higher the chance that we will plummet to these expected targets.
The Only XRP Technical Analysis You Need: EMERGENCY UPDATE!!I keep seeing YouTubers "technical analysts" post day after day announcing "bullish signal breakouts" only to post "we failed to break the resistance/target" videos the following day ever since the predicted crash happened in May.
So, let me tell you straight up about the game that's being played here.
They're manipulating you. STOP BUYING THE SHILLS.
THERE ARE NO INDICATORS RIGHT NOW SAYING THAT BITCOIN IS IN A REVERSE TREND.
SO THE ONLY TREND RIGHT NOW IS DOWN. ANYBODY WHO SAYS SO ARE ONLY MANIPULATING YOU TO ELIMINATE COMPETITION WHEN BITCOIN DIPS DOWN TO 20K.
-The price is all below moving average = BEARISH
-Head and shoulder pattern = BEARISH
-The RSI haven't even put any reverse trend signal and still have some space on being oversold = BEARISH
-Blood Diamond pattern forming = SUPER BEARISH
-MACRO AND MICRO downtrend pattern = BEARISH
-Elliot wave still aren't complete for the 5th wave downwards = BEARISH
YES. YOUR FAVORITE YOUTUBER CRYPTO ANALYST IS MANIPULATING YOU. AND YES, THEY'RE PAID BY THE MARKET CREATORS WHICH ARE THE CRYPTO EXCHANGES.
They will shill these coins as bullish to make you buy in at 30-38k BTC range to trap you into spending your money over these false breakout and advice you to buy these 30k dips masking it as "dollar cost averaging advice" so when the real dip happens you'll be out of spending power and that they will have no competition in buying these 90% off sale Alt coins when BTC dumps to 15-20k. Which they will then later shill to you as bullish when they start spiking up the prices for retail traders FOMO kick in.
BTC will go to 20-24k range and possibly lower and it will drag the entire market down with it, I guarantee you. Be patient and don't play their game.
The Only XRP Technical Analysis You NeedBE CAREFUL ON JULY 5TH, it's almost guaranteed at this point that BTC will test the 20-24k area and also it's possible it will retest the previous all time high of 19k of the previous bull run. We could see BTC try to test the 37k area then continue to go down afterwards.
There will be a few day bounce on the 27k before heading down to 19k-24k range. Then the bull run will proceed after that.
xo
XRP Still Fighting to Hold Crucial Support!!!It looks as though $0.784 has been the last line of defense for XRP.
As long as we keep closing above this support line, XRP is in good condition.
Any bullish move from this point on should take us back up to the $1.04 resistance fairly quick.
If we can clear $1.04 and hold as support, XRP should be continuing its next bull move and a retest of previous local top near $1.98.
- CA$HLESS