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Xrpusdforecast

XRP 44 cents in the next few days As you can see, XRP broke out to the upside just as I predicted and got as high as 37 cents. All of the afraid retail investors that were dumping XRP seem to be gone and now there is just the moon bois and the institutions that were able to buy at the price of a lifetime. XRP looks like it's moving with the rest of the crypto market again as we saw a major pullback on bitcoin and ethereum earlier. XRP has formed an inverted head and shoulders, further indicating a bullish reversal, thanks to this dip and has tested and strongly rejected off of the major support at .25596. It is also respecting an uptrend trend line. I expect XRP to touch 44 cents in the next few days easily. The SEC also seems to be nearing a settlement with ripple and , if this comes to play, we will see monstrous bullish momentum on XRP. Strap up and let's get ready to go to the moon bois.
BITSTAMP:XRPUSDLong
by StealPipsSal
THE PHOENIX The more people are wanting to sell their XRP holdings and the more people turn on it the more bullish I get. Everyone is scared of the SEC lawsuit and what it it will bring...maybe a fine, a slap on the wrist or tighter regulations?. The fine and slap would make no difference to RIPPLE and they haven't even produced their side of the story yet. This is all media scare and dump to get retailers out of the market. Someone who I managed a holding for has already asked me if XRP is finished with and if they should sell (they have been holding for over 2 years). All these are signs of what the large investors want. Mr David Schwartz has said that the higher the price is the better XRP will work and integration is coming...it has the most utility out of any crypto available. It's already in banks and institutions. This manipulative suppression and scaring tactics for the masses. Any happy go lucky investor would take one look at XRP and stay well away from it. XRP will shoot and it will take off to fast for everyone to jump on. All it needs is institutional capital injections to come in...what better time to do it when it is delisted and kept away from retail. It has all the flags here but everyone is so fixated on bitcoin and other over valued coins that they just believe everything they read on twitter about XRP being a sh** coin and a scam. BTW I have to get a BTC tattoo as per my last btc call. I wouldn't be surprised if BTC dumped once XRP has been delisted . Bitcoin is being milked for all it can be before USDT is investigated and the crypto space is regulated. The crucifixion is coming but everyone is so far up BTC they are blinded by instant money. The drop of BTC will devastate, I'm not predicting reversal points anymore. The top 2 blue lines is where I bought bags. I will look to buy one more big bag at the next dip before the delist happens and this is the bottom blue line.
BITFINEX:XRPUSD
by XHRISTIE
XRPUSD breakout of triangle pattern $.40 in next few days XRP has been forming a triangle pattern over these past few days on the lower time frames and it has just broke out of this formation. It had peaked at around $.25 and looks like its coming back to retrace and retest the $.22 zone. I believe that XRP will be touching around $.40 within these next few days behind the strength of this breakout so this may not be a bad swing trade idea. Also, for my XRP holders, you may want to consider stacking some more XRP while it is still in the 20 cents range. Our moon landing arrival is approaching soon so stay tuned.
BITSTAMP:XRPUSDLong
by StealPipsSal
4
XRP back to the previous highs and breaking all time highs soonXRP has been getting a lot of heat but so many people aren't seeing the bigger picture. XRP is retesting the broken downtrend trend line on the weekly and retesting a short term uptrend trend line. Both of these retests come in confluence at around the major support at $.17. You could already see that there was major buying pressure around that level and there is also a massive bullish divergence on the 4 hour timeframe. People are concerned about the SEC case, but the truth is that the SEC is infamous for suing companies/entities they have the least regulatory power in. They sued Tesla and Elon Musk back in 2018 and we all see how that's turned out. I have seen a lot of people say that if Ripple wasn't based in the United States, this case wouldn't have any jurisdiction and they're 100% right. Many other countries are continuing to use and support XRP and Ripple because they are aware of its long term value/use in the world of digital assets. It's also strange that I have heard from multiple sources that, while most retail investors are SELLING their XRP, investors with huge XRP wallets have been BUYING and increasing their positions substantially. It would be no surprise if it were these big banks getting behind XRP at the discount of a lifetime. As for the Coinbase suspension of XRP trading and other major delistings, those shouldn't be of any concern. All these companies are just trying to maintain a reputable image since they're U.S. entities, especially Coinbase with their upcoming IPO. I believe uphold is one of the only U.S. companies that will not delist XRP so there's a haven for retail investors looking to buy XRP after the Coinbase suspension of trade. I'm gonna take the Warrant Buffet advice in this case, "Be fearful when others are greedy and be greedy when others are fearful". XRP should definitely see major upside soon, especially because Alt season is coming as we expect to see some bitcoin pullback at these all time highs. I've been stacking XRP and if it revisits the $.17 level I'll stack even more. Stay tuned we have an exciting ride ahead of us.
BITSTAMP:XRPUSDLong
by StealPipsSal
2
XRP Perfect Buying Opportunity For Bull Market - Merry ChristmasMartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space. DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now Crypto Is Very Bullish right now should move a lot higher This market has potential parabolic structure XRP has flashed a beautiful entry point If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
Long
by MartyBoots
18
XRPUSD Going to a write a piece here of what I think is to come for XRP (A lot of you wont like it because it's trash which is your opinion, but in my opinion it's probably the most utilisable crypto to be integrated into society). So as a lot of you will be aware ripple is having big issues with the SEC and lawsuits. Obviously this bad news for ripple and it's token XRP "hence the recent drop". I believe XRP will come down to the zone marked but not just because of the SEC but because I also think the crypto market will turn bearish very soon. BTC dragging all of the alts with it. I called the reversal point of XRP from the counter trendline which it did so perfectly. This is where everyone was screaming buy...$3,$5,$7 next which was never the case. Now everyone will be dumping what they bought and will have lost faith in XRP and never want to buy in again. This what the big players want. Since the current sell off the top 1% of XRP holders have increased their amounts of XRP holdings where the remaining 2-10% have sold some of their holdings. No one is interested in a chart like this when all the other cryptos are preforming well. This keeps investors away and I have said it before but will say it again no one wants to buy when its selling but everyone wants in when its booming. It doesn't make sense to me?! BUY LOW, SELL HIGH. XRP properties greatly outweighs BTC, LTC and ETH. Class this a statement and not financial advice RIPPLE with XRP will be the leaders in the crypto one day and I have no doubt that XRP will surpass $20 per token within the next few years. Isn't it a coincidence that world governments have started taxing crypto profits! the crypto bull run hasn't even started yet but those who will gain massively from it (which the players don't want) will be rewarded but the governments will have a slice of your pie because they know it's coming. This is an accumulation plan not a trading plan
BITFINEX:XRPUSD
by XHRISTIE
4
XRP Perspective with TARGETS!!!XRP has HUGE growth potential. Holding Longs in XRP for the BTC bull market is most equitable. This is a chart that shows fractals, channel of growth, and targets based on fibs (not show in chart). There is a larger move incoming for XRP, while we are range bound at the moment. I am currently LONG from 17.5, 20 ,28 cents. XRP tagets are 10-13 dollars, 20-30, and final stop at 50 plus. No one knows what will happen, but this is in line with a lot of analysts.
POLONIEX:XRPUSDLong
by CryptoFutureLA
12
XRP/USD NEXT STOP $1.00 (HODL)Flare Network Crypto Airdrop(INFO) Flare Network $SPARK Crypto Airdrop: what you need to know - TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- PRICE ACTION Free Flare Network tokens known as Spark ($SPARK) are coming. They will be distributed by airdrop to those cryptoasset wallets holding $XRP – a cryptoasset native to the XRP Ledger created by US-based technology giant Ripple, Inc. – at 00:00 on 12 December 2020. Unfortunately – and controversially – not all wallets and exchanges are "supporting" the airdrop, i.e. owners of $XRP that hold their $XRP in those wallets or on those exchanges will not receive their much sought-after $SPARK. This article provides an introduction to Flare and $SPARK, lists some of the high profile exchanges that have confirmed their support for the airdrop, and provides some recommended steps if you are reading this article after the airdrop and want to understand your rights. Background – Flare Network's $SPARK $SPARK is the native cryptoasset of the Flare Network, a system intended to bring smart contract functionality to the XRP ecosystem, enabling trusted automation and efficiencies. Smart contracts have been a central part of the blockchain ecosystem since Ethereum's launch in 2014, and the MDRxTECH team have been engineering and auditing them for a number of years. Interestingly, Flare Network claims to be "the world's first Turing complete Federated Byzantine Agreement (FBA) network." This is an important development as, if implement properly, it will enable a new way of scaling smart contract platforms while decoupling security with the value of the token, i.e. it will no longer rely on economic incentives that can be distorted to maintain a robust system. This marks a step change from many of the major blockchain platforms including Bitcoin (using proof of work consensus) and Ethereum (now using proof of stake consensus). Which exchanges are supporting the airdrop? A large number of exchanges have announced that they are supporting the $SPARK airdrop, most recently including Coinbase. Others include Binance, Huobi, Kraken, Kucoin and Poloniex. +The Flare Network website includes a list of supporting exchanges + FEW EXAMPLES-----> Binance, BinanceUS, Coinbase, Bitstamp. Bitfinex, cryptowallet and many. more If you are reading this before the airdrop and hold your $XRP either in self custody or on an exchange that will not be supporting the airdrop, you need to act to ensure you receive $SPARK. There are many guides online setting out the required steps, but get in touch if you are unsure and require any assistance.Spark Airdrop What is the Spark airdrop? Spark is the native token of the Flare Network, designed to offer smart contract functionality to XRP, but on a separate blockchain. Will Coinbase support Flare Networks’ Spark airdrop? Yes, Coinbase will facilitate the future airdrop of Spark tokens to eligible Coinbase,Pro and Prime customers. No action will be required from you to receive Spark tokens if you are participating in the airdrop. Coinbase is yet to determine whether it will support the buying, selling or trading of Spark. In the event Coinbase does not support these features, any Spark held in your Coinbase account will be available to withdraw only. Who is eligible for the Spark airdrop? Coinbase, Pro and Prime customers in eligible regions holding XRP in their accounts on the snapshot date of December 12, 2020 at 00:00 UTC (December 11, 2020 at 4:00 PM PT) will be automatically qualified to participate in the airdrop at a later date. XRP Send/Receives will be paused 15 minutes prior to the snapshot and re-enabled shortly after. Trading XRP will not be affected. There is no minimum balance required. Coinbase Wallet app will not offer native support. If you’re a Wallet user, you won’t be able to claim Airdrop tokens through Coinbase Wallet. Coinbase Wallet users will instead have two options: You can use your 12 word recovery phrase on another wallet that does support the Spark airdrop. This method is less secure but you’ll be able to can claim for the full amount You can transfer to Coinbase, but wallets outside of Coinbase may require a minimum balance of 20 XRP. This means some amount will get left behind. What regions will support the Spark airdrop? At launch, we anticipate that Spark will be available in all regions with the exception of New York. Our decision to support any asset requires significant technical and compliance review and may be subject to regulatory approval in some regions. We therefore cannot guarantee whether or when the airdrop, buying, selling or trading of Spark will be available in any region. What if I have XRP in my Coinbase vault? Any XRP in your Coinbase vault will be included in the snapshot. How many Spark tokens will I receive? The amount of Spark you'll receive depends on how much XRP you have in your account at the snapshot time stated above. Coinbase intends to distribute this pro-rata to each user based on the number of Spark tokens Coinbase receives for all its users. For example, if you hold 1% of eligible XRP on our platform, you will receive 1% of airdropped Spark tokens to your Coinbase accounts that were holding XRP at the snapshot time. How do I get the airdropped Spark tokens? No action is required from XRP holders. You will get Spark from Coinbase at a later date after the Flare network launches. When will I get Spark tokens? You’ll receive Spark tokens from Coinbase at a later date after the Flare network launch. Do Custody clients need to move funds to Pro/Prime? No, Custody clients just need to email Client Services to indicate they would like to participate in the airdrop. Is there a minimum balance of XRP that Coinbase.com/Pro users need? No minimum balance is required. For further information on how Spark will be distributed to XRP holders, please refer to Flare Network’s announcement. Key Support Levels: $0.47500, $0.4600, $0.44500. Key Resistance Levels: $0.55, $0.68, $0.78, $0.86, $0.96,$1.00. Title: XRP/USD BUY LIMIT Asset: Crypto Symbol: XRP/USD Type: Buy Limit Time Frame: 1D Entry Price 1: 0.47500(PENDING) Entry Price 2: 0.45500 (PENDING) Stop Loss: 0.43500(400 pips) Take Profit 1: $0.55500 (800 Pips) Take Profit 2: $0.65500 (1800 Pips) Take Profit 3: $0.77500 (3000 Pips) Take Profit 4: $0.87500 (4000 Pips) Take Profit 5: $0.97500 (5000 Pips) Take Profit 6: $1.07500 (6000 Pips) Status: ACTIVE David Schwartz, the chief technical officer of the San Francisco-based blockchain company ripple has recently explained how much XRP he owns. Technically, because he owns such a mass sum, it makes him a whale in crypto terms. David Schwartz, the chief technical officer of the San Francisco-based blockchain company ripple has recently explained how much XRP he owns. Technically, because he owns such a mass sum, it makes him a whale in crypto terms. As one of the original developers and designers of the token and XRP Ledger, David revealed that he would leave his job when the price of the token reaches $1. David did not disclose the exact amount of the token that he owns however, he did say that it was less than 10 million and more than 1 million. As a result of his public tweet explaining his portfolio for the token, the community reacted and questioned why he had very little exposure to the token while other founders of the ledger such as Chris Larsen have billions of the token in their possession. The token for the San Francisco company has been performing quite mildly over the course of this year. Not much has happened in 2020 for the token but who knows what the future will hold. Many believe that 2021 will be the year for XRP but only time will tell. Earlier this year, David gave even more details on his cryptocurrency portfolio saying that he regretted dumping such huge amounts of bitcoin and ethereum for cheap at the time. However, he did explain that he did this as a part of a “derisking plan“ that he had contact with his wife.
BITFINEX:XRPUSDLong
by MavRich_Trading
4
3 SCENARIOS for XRP Breakout IMMINENTRipple is trading under intense overhead pressure, with a massive freefall back to $0.4 as scenario 3. For scenario 3, the path of least resistance is downwards, as seen on the 4-hour chart. The lower boundary of the descending parallel channel appears to be holding the fort for the bulls. However, the Relative Strength Index has reinforced the ongoing bearish momentum. If the indicator hits the oversold area, selling orders are likely to increase significantly. The 200 Simple Moving Average on the 4-hour chart is also in line to offer immediate support, and buyers must hold this crucial support. Otherwise, XRP/USD could tumble to $0.4 (next tentative support area ). The daily chart also confirms the bearish outlook on scenario 3, suggesting that the next critical support lies at the 50 SMA . Similarly, the RSI is in a sloping motion but has not hit the oversold area yet. On the other hand, the bearish picture will be invalidated if Ripple closed the day above $0.5. Moreover, the support at the channel’s lower boundary as well as the 200 SMA on the 4-hour would secure the uptrend if they remain intact. (Scenario 1 & 2) The most significant upward movement for XRP would be to overcome the hurdle of $0.6. There was a sharp upward move in bitcoin price above the USD 18,500 and USD 19,000 resistance levels. BTC even broke the USD 19,200 resistance, but it struggled near the main USD 19,450 and USD 19,500 resistance levels. For XRP, breakout above reaches previous major resistance at approximately 0.79. At this point, we will likely see a correction where our previous .68 resistance line was back when BTC broke $19800. This line will act as support and likely lead to a bounce and break scenario. Price target for this breakout is $1.00. This will likely send XRP into a second descending channel as XRP faces the $1.00 resistance level as seen in my previous chart linked below.
BITSTAMP:XRPUSDLong
by eifwifeiwjfeiwfw
4
XRP/USD BULL RUN (HODL) BULLS READY TO BREAK $1.00What Is RippleNet? Creating a New Global Payments Infrastructure The needs of individuals and businesses sending cross-border payments have dramatically evolved. These customers are now demanding real-time, low-cost and fully trackable payments on a global scale. Yet, today’s global payments infrastructure yields an experience that is slow, costly and opaque. Ripple solves these pain points through RippleNet, a network of banks, payment providers and others. Employing Ripple’s solutions and a standardized ruleset allows for those connected on RippleNet to efficiently send and receive payments around the world. Benefits of RippleNet Access- Gain a single point of access into a global network of institutions using standard rules, formats and governance. Speed- Route payments efficiently and leverage instant settlement to transact in seconds, instead of days. Certainty- Maximize end-to-end visibility of fees, delivery time, status and customer information through a bidirectional messenger API. Cost- Reduce total payment costs by minimizing capital requirements and lowering processing costs. Access a Global Standard Current global payments systems are outdated, irregular and fragmented. As a result, banks, payment providers and others working with new partners in foreign markets create bespoke connections that are often cumbersome and costly. RippleNet avoids these issues by creating technical and operational standardization at the global level. The RippleNet Rulebook provides the operational standardization. The Rulebook is a legal framework about the rights, obligations and business rules of network participants. RippleNet’s standardized technology infrastructure complements the Rulebook. RippleNet utilizes a single and decentralized infrastructure across the entire network, eliminating the need for custom integration work. Together, the Rulebook and technology infrastructure create global consistency, making it easy for RippleNet customers to transact with new partners. Speed Up Payments In an age where emails can travel around the world in seconds, it’s unacceptable that payments often take days to reach their destination. On RippleNet, payments reach their destination immediately, thanks to pathfinding and instant settlement. RippleNet’s pathfinding capability ensures that payments are routed from the originator to the beneficiary in the most efficient way possible. Once a route has been selected, payments settle instantly. This is achieved by securing all transaction legs with a single pass-fail outcome, regardless of the number of transacting parties involved, prior to payments being sent. Increase Payment Certainty All too often payments reach their final destination and the amount received is less than expected, which can be devastating for families and businesses relying on that money. The issues lie with legacy messaging systems that make it difficult to see transaction fees prior to a payment being initiated. RippleNet ensures payment certainty with instant bidirectional messaging through a messenger API. RippleNet’s messenger API enables financial institutions to exchange information on know your customer (KYC) requirements, fees, FX rates, payment details and the expected delivery time of funds, providing unprecedented visibility into the total cost of the transaction. As a consequence, all transacting parties are aware of associated costs, and hence, the amount the beneficiary will receive. Lower Costs Existing payment networks depend on intensive capital requirements in the form of nostro account funding, a cost that currently ties up trillions of dollars globally. RippleNet makes accessing on-demand liquidity easy, lowering capital costs. Additionally, RippleNet’s standardized connectivity and rich data APIs allow for lower processing costs. For those customers who choose it, on-demand liquidity using digital assets eliminates the need to pre-fund foreign accounts. To enable this, the originating currency is converted to XRP on a domestic digital asset exchange, sent across the XRP Ledger, and then converted back to fiat at an exchange in the destination country – all in an instant How to Join RippleNet All participants on RippleNet connect through Ripple’s standardized technology, enabling them to message and settle their transactions with increased speed, transparency and low-cost across RippleNet’s global network of banks, payment providers and other institutions. There are two ways to access RippleNet. Standard Access Seamlessly initiate a payment to any entity on RippleNet with a standardized interface through xVia Easily send payments through RippleNet with standard API connectivity Reduce reconciliation issues by including rich payment data Receive guaranteed transaction fees prior to sending a payment Gain end-to-end transparency into payment status Remove risk with real-time settlement Full Access Process frictionless payments on RippleNet for your own institution or others through xCurrent Contribute to a single rulebook, enabling a standardized payments network Easily send and receive payments through RippleNet with standard API connectivity Send and receive rich information with any payment Receive and provide guaranteed transaction fees, and provide FX liquidity for payments Gain end-to-end transparency into payment status Remove risk with real-time settlement Access On-demand Liquidity with Digital Assets Both access levels have the ability to settle transactions instantly through XRP, a digital asset, used in Ripple’s xRapid product. Eliminate pre-funding in foreign accounts and send payments 24/7 using XRP. About Ripple Ripple provides one frictionless experience to send money globally using the power of blockchain technology. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. Globally recognized venture capital firms and strategic partners invest in Ripple. Our Customers -Banks -Banks join RippleNet to offer a differentiated experience to their customers and capture new revenue opportunities. -Payment Providers -Payment providers join RippleNet to accelerate their time to market in new corners of the world. Others -Financial software providers, mobile wallets and others leverage RippleNet to enhance their cross-border payment breadth and depth. Key Support Levels: $0.50, $0.47500, $0.45. Key Resistance Levels: $0.68, $0.78, $0.89, $1.08
POLONIEX:XRPUSDLong
by MavRich_Trading
4
XRP/USD BULL RUN (HODL) XRP/USD – Bullish Explosion Leads To 17 Month Highs Key Support Levels: $0.4, $0.388, $0.378. Key Resistance Levels: $0.48, $0.68, $1.00. Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413. The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price explosion was incoming. The coin had broken out of a symmetrical triangle pattern at the start of the month as it started to push higher. XRP went on to reach $0.3 by mid-week and stalled here for a few days until it broke the resistance yesterday to reach $0.33. XRP-USD Short Term Price Prediction Looking ahead, if the buyers can continue this epic bullish push, the first two levels of resistance are found at $0.42 and $0.44. Above this, resistance lies at $0.457 (bearish .786 Fib), $0.48, $0.486 (1.272 Fib Extension), and $0.5. On the other side, if the sellers push lower, the first level of support lies at $0.4. Beneath this, support lies at $0.388 (.236 Fib), $0.378, $0.36 (.382 Fib), and $0.35 (2020 High). As expected, both the RSI and Stochastic RSI are extremely overbought with such a powerful push in one day.
BITSTAMP:XRPUSDLong
by MavRich_Trading
4
XRP/USD LONG SET UP (HODL )WE GOING TO THE MOON!(FULL BREAKDOWN)TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION XRPL Labs - the innovative Ripple-backed startup has recently announced the development of a revolutionary new banking app based on the XRP Ledger called Xign. The news was announced at the recent Bitrue event in Amsterdam that took place at the end of May.Xign is a mobile app that acts as a banking app without the use of banks. It allows users to check balances and transfer dollars, euros, XRP and other cryptocurrencies. According to the founder of nodum. io and one of the lead developers at XRPL Wietse Wind, the new app is very easy to use so that even people who aren’t familiar with crypto wallets or digital ledgers will get used to it without any worries. At the conference, Wind said that the mobile app is very easy to use and has stated that it delivers a user experience similar to traditional online banking i.e simple. The app comes with an easy-to-use setup guide that enables users to take advantage of the app without any issues. On top of this, it will feature an account directory with look-up and social features to facilitate the non-technical transaction for its users. The app will also be able to approve of deny payments to different individuals and firms. Win has made it clear that XRP will be the app’s native asset. Other servies will be added later like a prepaid ILP Wallet. QUOTED “So, what it will allow you to do is check your balance and send your funds in any currency, because the XRP Ledger can handle any given currency issued on the ledger… We’re not building a crypto wallet. We’re building a banking app. Except, without a bank. We’re building a banking app based on a digital ledger, based on the XRP Ledger and based on ILP (Interledger Protocol).” A new poll reveals interesting XRP facts The Daily Hodl online publication spotted a new Twitter poll that’s been conducted by pseudonymous Ripple and crypto enthusiast XRP_Cro, and this reveals that most of XRP investors believe the coin will surge above $100. “A new poll that targets the XRP community and involves over 1,000 participants shows that 43% say they plan to partially or fully sell their XRP holdings around $100. 39% say they look to sell between $10 – $50, while the remaining 18% claim that they’ll unload between $3 – $10,” according to the notes. As the Daily Hodl continues and reveals, “On the question of which crypto asset they think will give the biggest return on investment (ROI) in the next bull cycle, 77.9% chose XRP, while 15.7% placed their bets on supply chain management protocol VeChain (VET). Bitcoin (BTC) and Ethereum (ETH) garnered 2.9% and 3.5% of the votes, respectively.” Participants have also been asked which digital assets they are holding besides XRP – 65% of the respondents picked VeChain (VET), while 27% chose Cardano (ADA), 14% favored Stellar (XLM), and only 4.1% selected Ethereum. Major distribution territories: $0.22, $0.24, $0.26 • Major accumulation territories: $0.20500, $0.19000, $0.18000 The market point between XRP and the US dollar yet continues trade around the same range trading territory of $0.20 mark as kept quite a while. Neither the base nor the counter has been able to make a significant move away from the range line. All in all, XRP/USD buyers have been struggling to not to let down the crypto’s valuation goes below the previous low of $0.18 point. Meanwhile, bears have continued to press down the crypto’s price from a line a bit over the range trading area. At the conference, Wind said that the mobile app is very easy to use and has stated that it delivers a user experience similar to traditional online banking i.e simple. In this 2 Week chart of Ripple / United States dollar (XRP/ USD), there is a depreciating range from 0.5175 to 0.1105. We can observe that the market then appreciated to the 0.206 level (identified by the yellow down arrow), just below the 23.6% retracement of the depreciating range at the 0.206552 level. We can observe that XRP/USD then depreciated to the 0.1791 level, just below the 9-week Simple Moving Average . We can also observe that the 0.1791 level was just below the 0.183462 level, representing the 23.6% retracement of the appreciating range from 0.1105 to 0.206. If XRP/USD resumes its depreciation, price retracement levels below the current market include the 0.169519 ( 38.2% retracement ), 0.15825 ( 50% retracement ), 0.146891 ( 61.8% retracement ), and 0.130937 ( 78.6% retracement ) levels. If XRP/USD resumes its appreciation, price retracement levels above the current market include the 0.265974 ( 38.2% retracement ), 0.314 ( 50% retracement ), 0.362026 ( 61.8% retracement ), and 0.430402 ( 78.6% retracement ) levels. BUY XRPUSD WE GOING TO THE MOON (Highly Advise Buying Actual Shares Of XRP ON COINBASE) Ripple’s XRP slid by 5.21% in the week ending 18th October. Reversing a 3.07% gain from the previous week, Ripple’s XRP ended the week at $0.24216. It was a mixed start to the week. Ripple’s XRP rose to a Tuesday intraweek high $0.25998 before hitting reverse. Falling short of the first major resistance level at $0.2638, Ripple’s XRP slid to a Friday intraweek low $0.23783 and into the deep red. Ripple’s XRP fell through the first major support level at $0.2438 before finding support through the weekend. In spite of 2 consecutive days in the green, however, Ripple’s XRP failed to break back through the first major support level. 3-days in the red that included a 2.89% slide on Tuesday and a 2.36% fall on Friday delivered the downside for the week. For the week ahead Ripple’s XRP would need to move through the $0.2467 pivot level to support a run at the first major resistance level at $0.2555. Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.2550 levels. Barring an extended crypto rally, the first major resistance level and last week’s high $0.25998 would likely cap any upside. In the event of a breakout, Ripple’s XRP could test resistance at $0.26 before any pullback. The second major resistance level sits at $0.2688. Failure to move through the $0.2467 would bring the first major support level at $0.2333 into play. Barring an extended crypto market sell-off, however, Ripple’s XRP should steer clear well clear of sub-$0.23 levels. The second major support level sits at $0.2245. At the time of writing, Ripple’s XRP was down by 0.01% to $0.24214. A mixed start to the week saw Ripple’s XRP rise to an early Monday morning high $0.24281 before falling to a low $0.24203. Ripple’s XRP left the major support and resistance levels untested at the start of the week. LONG TERM SWING TRADE) ENTRY 1 $0.20580 (1/3) position size ENTRY 2 $0.18468 (2/3) position size ENTRY 3 $0.16000(3/3) position size SL $0.14580 TP.1 $0.21468 TP.2 $0.24580 (TRAIL STOP LOSS FROM TP.1 Or BREAK EVEN) TP.3 $0.29468 TP.4 $0.34580--- (TRAIL STOP LOSS FROM TP.3) tp.5 $0.48468 tp.6 $0.68580 TP.7 $1.11 TP.8 $3.30 XRP and its role in the growing blockchain adoption Another key point revealed by the Ripple report is the diversification in use cases by companies using blockchain technology. 98% of participants using a blockchain have deployed technology for supply chain management (62%), commerce, and finance (51%). So it’s not surprising that 99% of participants said their company could use a digital asset such as XRP to process payments or as a medium of exchange. In contrast to the 2018 results, this figure has grown by 94%. Among the strengths that participants said blockchain technology has, the speed to make cross-border transactions received 40% of the responses. In this aspect, the digital asset XRP and its instantaneous transfers with Ripple’s On-Demand Liquidity solution offer the most important benefit for respondent companies. Along with cost (32%) and reliability (27%), as shown below.Among the obstacles to blockchain adoption, participants mentioned a lack of regulatory clarity, the amount of investment required to implement the technology, and security. However, the results show that digital assets such as XRP are increasingly becoming an important part of the development of the blockchain industry. The report concludes: Emerging markets are leading the charge, recognizing that responsible usage of blockchain and digital assets can unleash tremendous potential for their economy. Without a doubt, both will drive greater financial inclusion and economic growth not unlike the Internet’s impact. Mature markets stand to benefit as well
BITSTAMP:XRPUSDLong
by MavRich_Trading
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