Get started

Xrpusdanalysis

XRP Price Set for a Breakout: Could $1 Be the Next Target?CRYPTOCAP:XRP has recently caught the attention of traders and investors alike, with notable price movements sparking optimism for the coin’s short- and long-term potential. Following a 4% price surge today, CRYPTOCAP:XRP is currently trading at $0.5577, and analysts predict that the cryptocurrency could be on track to hit $1 in the short term, potentially reaching as high as $7.5 in the long run. Ripple SEC Case Drives Sentiment XRP’s recent rally can largely be attributed to developments in the ongoing Ripple-SEC lawsuit. Market sentiment has been increasingly positive as speculations rise over the U.S. Securities and Exchange Commission (SEC) potentially missing a critical filing deadline. Ripple’s Chief Legal Officer (CLO) mentioned that the SEC had until October 16 to file the necessary Form C in its appeal, yet no filing had been made by that date. Although some sources, like journalist Eleanor Terret, indicate the SEC might have until October 18, the missed deadline speculation has fueled bullish sentiment for XRP. The Ripple-SEC legal battle has been an overhang for XRP’s price for years, but recent cross-appeals by Ripple have shown that the company remains confident in its position. The anticipation surrounding a favorable outcome has injected renewed optimism into the market, leading to higher trading volumes and price volatility. Additionally, Ripple’s announcement of exchange partnerships ahead of the launch of its new stablecoin, RLUSD, also plays a significant role in boosting confidence. Exchanges like Bitstamp, Uphold, and Bullish, along with market makers such as B2C2 and Keyrock, are on board to provide liquidity for RLUSD, further solidifying Ripple's ecosystem. Technical Analysis On the technical side, CRYPTOCAP:XRP has exhibited positive market behavior in the past few days, fueled by this optimistic sentiment. Currently trading above the key $0.56 level, We are predicting a breakout within the next 15 to 30 days, driven by mounting pressure between buyers and sellers. The analyst has identified a critical resistance level between $0.61 and $0.62, which, if breached, could lead to a significant price uptick. At the time of writing, XRP’s technical indicators reveal a moderate Relative Strength Index (RSI) of 51.17, signaling neither an overbought nor oversold market. This neutral RSI suggests that the coin has enough momentum to push higher without hitting overbought conditions, making a move to $0.61 pivot Point. Furthermore, CRYPTOCAP:XRP is trading just above its 200-day Moving Average (MA) but remains slightly below its 50-day and 100-day MAs, reflecting consolidation in the market. As CRYPTOCAP:XRP continues to consolidate, its triangle formations suggest a buildup of tension between buyers and sellers, setting the stage for a breakout. Should the price breach the identified resistance, a bullish move to $1 could come into play, aligning with our predictions. On the downside, a failure to break the “Genuine Wake-Up Line” and falling below the “Atlas Line” could signal a bearish reversal, but for now, the indicators are tilting towards a bullish outcome. Long-Term Outlook: $7.5 Potential While the short-term target remains $1, the long-term outlook for CRYPTOCAP:XRP is even more exciting. If market conditions remain favorable CRYPTOCAP:XRP could rally further, potentially reaching $7.5. This prediction is contingent upon the broader cryptocurrency market rally, the ongoing developments in the Ripple-SEC lawsuit, and Ripple’s success in rolling out its stablecoin and expanding its cross-border payment solutions. Given the increasing utility of CRYPTOCAP:XRP , particularly in enterprise-grade payment solutions, and Ripple’s strong regulatory focus with RLUSD, the coin could become an essential part of the evolving financial infrastructure. Market Confidence Boosts CRYPTOCAP:XRP The broader crypto market has also experienced positive momentum, with Bitcoin recently hitting $68,000 and other altcoins following suit. This "Uptober" rally, as many are calling it, has led to renewed confidence across the board. XRP’s participation in this rally is bolstered by its role in cross-border payments and the anticipation of the Ripple stablecoin, making it a strong candidate for further price growth. Conclusion CRYPTOCAP:XRP is riding on the back of positive market sentiment fueled by the Ripple-SEC case and Ripple’s upcoming stablecoin launch. Technically, the coin is well-positioned for a breakout in the next few weeks, with $0.60 acting as a key pivot level. If XRP manages to break through the $0.61-$0.62 resistance, a run toward $1 could become a reality, and the long-term prospects remain equally bullish with the possibility of hitting $7.5 in the future. As always, investors should remain cautious, given the legal uncertainties, but the outlook for CRYPTOCAP:XRP seems brighter than it has in recent months.
Long
by DEXWireNews
Ripple / XRP AnalysisXRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$ Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia
by moonypto
8
#XRPUSD 1DAYXRP 1-Day Chart Forecast: The XRP cryptocurrency is displaying strong bullish momentum on the 1-day chart, suggesting a favorable buy opportunity. The market appears to be in an **uptrend**, with price action consistently forming higher highs and higher lows, indicative of sustained buying interest. Key elements supporting the buy forecast: Uptrend Continuation: XRP is likely following an ascending trendline or breaking above recent resistance levels, signaling the potential for further upside. Bullish Indicators: Momentum oscillators such as the RSI and MACD may be supporting the bullish outlook, with the RSI remaining in a favorable range and the MACD showing positive divergence or a bullish crossover. Support Levels: The price may have bounced off a key support level, confirming the strength of the uptrend and providing a good entry point for buyers. Traders looking to capitalize on the buy opportunity should consider setting stop-loss orders below recent lows to protect against unexpected pullbacks. Profit targets can be placed near key resistance levels or previous swing highs. While the uptrend is strong, it's important to watch for any signs of trend exhaustion, but the **technical outlook favors a buy strategy** for XRP on the 1-day chart.
CRYPTOCAP:XRPLong
by PIPSFIGHTER
XRP Po3 Structure and Bull Market Setup 1$ and higherIn this video, I break down XRP's current Price Over Oblivion (PO3) structure and why we're expecting a pullback. Price is likely to trade lower into the 4-hour Fair Value Gap (FVG), where we anticipate a potential reversal. This dip could be the catalyst that ignites the next bull market for XRP, setting the stage for a strong upward move. Watch the full analysis to understand the key levels and market dynamics at play!
Long
by SerenityEquity
XRP Technical Analysis on a 3-Day TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: In our previous analysis of XRP, we observed that the 50EMA and the 0.618 FIB levels were acting as resistance. The price eventually broke above these levels and reclaimed the resistance trendline at $0.63. Currently, XRP is trending below the resistance level at $0.58. For XRP to continue its rally toward the local high range of $0.9380, it needs to break above this resistance trendline. The support level at $0.41-$0.42 remains intact. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
6
XRP/USDT Weekly Breakout – Potential 200% Upside!XRP/USDT is on the verge of breaking out from a long-term descending triangle pattern on the weekly timeframe. The price is currently hovering near the critical resistance zone. A confirmed breakout could set the stage for substantial bullish momentum. Entry Strategy: - Entry: Upon a clean breakout, close above the 0.6270 level, confirming the move beyond the descending resistance line, to accumulate $.55 to .62 is a good range! Stop Loss (SL): - Stop Loss: Set below the support level at 0.4820, in case the breakout fails and bearish momentum takes over. Take Profit (TP) Targets: - Target 1 (TP1): 0.9380 – A retest of the local high from April 2022. This target offers a 50% potential upside. - Target 2 (TP2): 2.0059 – The major resistance level and key psychological zone. This gives a possible 200% gain from the breakout entry. This is not financial advice, Always do your research. Do show your support and hit that like button. If you have any questions/requests you can comment, and I'll read you. :) Thank you #PEACE
Long
by Cryptorphic
Ripple SEC Case Enters Final Round: What’s Next for XRP?The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is entering its final phase, with the crypto community eagerly awaiting a conclusion. The lawsuit, which has kept XRP investors on edge, is now at a critical juncture as experts predict a 75% chance of an SEC appeal, potentially extending the case further and adding complexity to Ripple’s regulatory journey. Ripple SEC Case: A Brief Recap For nearly three years, Ripple ( CRYPTOCAP:XRP ) has been entangled in one of the most high-profile legal cases in the cryptocurrency space. The SEC initially accused Ripple of conducting an unregistered securities offering, alleging that CRYPTOCAP:XRP qualifies as a security. The stakes were high, with the SEC seeking a $2 billion penalty. However, the recent ruling by Judge Torres ordered Ripple to pay $125 million — a far lower amount than expected — which many viewed as a partial victory for Ripple. Despite this ruling, the case is far from over. Speculation is rife that the SEC may file an appeal, challenging portions of the ruling related to institutional sales, while Ripple could counter-appeal the court’s decision on secondary market sales. According to ex-SEC lawyer James Farrell, there’s a 75% chance the SEC will appeal the liability portion of the lawsuit, a move that could delay final resolution by several months or even years. Potential Outcomes of an Appeal If the SEC proceeds with its appeal, it could significantly impact XRP’s regulatory status and broader implications for the cryptocurrency market. XRP has been at the center of debates around whether cryptocurrencies should be treated as securities, and the case’s outcome could set a precedent for future regulatory decisions in the U.S. Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty have been vocal in downplaying concerns about extending the legal battle, reassuring the community that Ripple does not intend to prolong the case unnecessarily. However, should the SEC move forward, Ripple could be forced to mount a cross-appeal, challenging the court’s decision on institutional sales and transactions related to its On-Demand Liquidity (ODL) platform. Notably, some legal experts, such as Fred Rispoli, have raised questions about whether Ripple would be entitled to statutory interest if it wins the appeal. This could potentially force the SEC to return the $125 million penalty, plus interest, significantly altering the financial implications of the case. Rispoli also suggested that the SEC might need to cover Ripple’s appeal costs if it loses, further complicating the regulatory body’s position. XRP’s Market Performance and Sentiment While legal battles continue to cast a shadow over XRP, the asset has shown signs of resilience. As of writing, XRP is trading at $0.5866, up 0.89% on the day, with a moderate Relative Strength Index (RSI) of 56, signaling a potential bullish reversal. Despite XRP’s recent muted price action, the broader altcoin market, including coins like SUI, has performed well, indicating a renewed appetite for risk among investors. XRP’s futures open interest has also risen by 1%, suggesting that market participants remain cautiously optimistic about the token’s short-term prospects. However, its trading volume has seen a slight dip, down 11% to $928.86 million, indicating that while interest in XRP remains strong, it is tempered by the ongoing uncertainty surrounding the Ripple-SEC case. What’s Next for XRP? The SEC’s deadline to file an appeal is looming in October 2024, and the crypto market is bracing for potential volatility in the run-up to that date. Any decision by the SEC to appeal will almost certainly extend the lawsuit, adding further complexity to Ripple’s regulatory future. The case’s outcome will have far-reaching consequences, not only for Ripple and XRP but for the broader cryptocurrency market, as it could shape how U.S. regulators treat digital assets going forward. For now, CRYPTOCAP:XRP investors are treading carefully, with market sentiment mixed but leaning toward optimism. A positive outcome for Ripple could trigger a significant rally in XRP prices, while an extended legal battle may keep the token range-bound in the short term. Conclusion The Ripple-SEC lawsuit is nearing a critical point, with both sides preparing for what could be the final phase of legal proceedings. While the possibility of an appeal looms large, the crypto community remains cautiously optimistic about XRP’s future. Investors should stay tuned for key developments in October, as the case’s resolution will likely have profound implications for Ripple, XRP, and the broader digital asset market.
Long
by DEXWireNews
XRP: buy📊 Analysis by AhmadArz: 🔍 Entry: 1️⃣ 0.5676 (Main Entry) 2️⃣ 0.5455 (Support) 3️⃣ 0.5232 (Support) 🛑 Stop Loss: 🔴 0.5545 🎯 Take Profit: 1️⃣ 0.5797 2️⃣ 0.5919 3️⃣ 0.6076 🔗 "Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡 Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀 Please boost and 💬 comment to share your thoughts with us! --- This chart represents the XRP/USDT (Ripple to Tether) pair and highlights two "Good Entry" points 📉 within support zones 🟥 and 🟦. Additionally, the main entry point is noted at 0.5676 📊. Here’s a general analysis with emoji annotations: 1. Entry Points: The main entry is 0.5676 🟢. The first support entry is at 0.5455 📉, within the blue zone 🟦. The second support entry is at 0.5232 📉, within the red zone 🟥. 2. Price Targets: TP1: The first target price is 0.5797 🎯. TP2: The second target price is 0.5919 🎯. TP3: The third target price is 0.6076 🚀. 3. Support and Resistance Zones: 0.5676 is the main entry point 🟢. The blue support zone is between 0.5455 and 0.5260 🟦. The red support zone is between 0.5210 and 0.5232 🛑. 4. Analysis: If the price holds above 0.5676 🟢 and breaks through resistance 🟠, it could move towards the targets at 0.5797 and 0.6076 🚀. Stop Loss: The stop loss is set at 0.5545 🔴 to protect against downside risks. In case of a fallback, the price may drop back to the first support entry at 0.5455 or lower, around 0.5232 🔄. This analysis suggests a potential upward movement 📈, with the main entry point at 0.5676 and clear stop-loss protection at 0.5545.
Long
by ahmadarz
Xrp - The First Of Two Massive Breakouts!Xrp ( BITSTAMP:XRPUSD ) is still creating bullish structure: Click chart above to see the detailed analysis👆🏻 Despite the overall crypto market weakness Xrp is still holding and even rejecting the lower support trendline of the symmetrical triangle pattern. Xrp also created another short term triangle within the long term triangle, so two major breakouts might happen pretty soon. Levels to watch: $0.6, $1.0 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:XRPUSDLong
by basictradingtv
11
XRP - High Timeframe Analysis - SHORT TRADE SETUPDISCLAIMER: This is not trade advice, this is for educational and entertainment purposes only. Trading involves real risk. Do your own due diligence. Utilizing my 12 Month - 2 Week - 12 Hour Mult-Timeframe approach, I have identified XRP as a market that I would consider shorting IF price action satisfies my rules for entry. The 2023 candle traded up into the 2022 high and failed to close beyond it. For this reason, I have a bearish bias down to the 2023 lows. XRP intermediate timeframe (2 week) is currently delivering price bearishly, and is currently in a intermediate timeframe bearish orderblock, which is a point of interest for me to look for entries. For this reason, I am satisfied taking an entry on the 12 hour timeframe if we get one of the following entries: Bearish change-in-state-of-delivery (CISD), 18 Period MA Entry, 10h8c MAC w/ Acc/Dis confirmation. I note that if price trades up into some of the intermediate term swing highs that I would consider shorting there as well, in the event that price trades through the intermediate timeframe bearish orderblock. Let me know if you have any questions about this multi-timeframe approach. I hope you are all having a great week. Good Luck & Good Trading.
Short
by Tradius_Trades
XRPUSDT / TRADING INTO ASCENDING CHANNEL - 4H XRPUSDT / 4H TIME FRAME HELLO TRADERS Currently Market Analysis: The asset is currently trading below the critical turning level of 0.54, indicating that it is under downward pressure. This suggests that bearish sentiment is dominating the market, with sellers outweighing buyers. The price is attempting to retest the turning level of 0.54 before potentially continuing its decline. Downward Conditions: As long as the price remains below the 0.54 level, it is likely to experience further declines, If the price fails to break through this resistance level, it may drop toward the next support level at 0.51. A break and stabilization below 0.51 would signal further bearish momentum, potentially pushing the price down to 0.48 , Bearish volume and weak buying interest below the 0.54 turning level would contribute to the likelihood of continued declines. Upward Conditions: For a potential reversal and upward movement, the price must decisively break through the 0.54 turning level, A break above 0.54 could shift market sentiment to bullish, allowing the price to rise toward 0.57, which serves as the next key resistance level , If momentum continues, the price could extend its gains toward 0.59. Positive market catalysts, strong buying volume, or bullish indicators could support this upward trajectory. Turning Level : 0.54
Short
by ArinaKarayi
1
XRPUSDT / TRADING BELOW FVG - 4H XRPUSDT / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 0.58 . Downward Condition : With the price holding steady at the current turning level at 0.58 , it is likely to decline towards the support level of 0.55. If it stabilizes below this level, it could then reach the next target level of 0.51 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 0.58 , leading to a rise toward the resistance level (1) at 0.60 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 0.63 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 0.60 . RESISTANCE LEVEL (2) : 0.63 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 0.55 . SUPPORT LEVEL (2) : 0.51 . TURNING LEVEL : 0.58 .
Short
by ArinaKarayi