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Xrpusdlong

Cryptolean Ripple XRP UpdateNow, XRP lacks the momentum, however, it will change soon. Today, it again tested the key daily support at $0.593 and we saw a bullish rejection. It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93. A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher . An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54. IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up. Intraday Chart The sentiment for the #XRPUSDT 4-Hour chart is neutral A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657. A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
Long
by Trade-Lean
The scam is exposed XRPMy chart is showing you the DOGE chart (orange line) and the XRP chart. The price pf XRP perfectly followed the DOGE price in past years, and as you can see on this 1hr timeframe, in the last 2 months moves was pretty the same. XRP started to decoupling by end of February, when every crypto started to pump hard. WHat does this means? I have no doubt this is a manipulation from Ripple labs to keep the price low. It's a big scam imho. Why keep the price low? Maybe it's time for WSB guys to do something...
BINANCE:XRPUSDLong
by SaliJournal
16
** Possible XRP Breakout **XRP may finally be ready to run. As likely profit taking in BTC ensues, money looks to be flowing into previously dormant projects like ADA and now XRP. The 21 day EMA crossing above the 50 day EMA, which usually gives an approximate average pump of 45%. Also our indicators are turning Green, showing a new uptrend may be starting, and XRP is breaking out of the wedge patter it's been forming for many months. Near term upside target is $.075 What do you think?
Long
by BrettFogle
Ripple (XRP) Enters Crucial Phase: Six-Year Bull PennantDeciphering Ripple (XRP): Navigating a 6-Year Bull Pennant Towards Potential Upsurge In the realm of cryptocurrency, where price movements often resemble the ebbs and flows of the tide, Ripple (XRP) has emerged as a notable contender, navigating a six-year bull pennant formation that could herald significant price action in the near future. As the cryptocurrency community eagerly anticipates the resolution of this pattern, Ripple finds itself at a critical juncture, poised to overcome obstacles and potentially embark on a major bullish trajectory. Unveiling Ripple: A Brief Overview Ripple, launched in 2012, is more than just a digital currency; it's a blockchain-based payment protocol designed to facilitate fast, low-cost cross-border transactions. Unlike Bitcoin and Ethereum, which rely on proof-of-work consensus mechanisms, Ripple operates on a unique consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). This approach enables rapid transaction settlement, making Ripple an attractive option for financial institutions seeking to streamline their payment processes. The Six-Year Bull Pennant: A Tale of Compression and Anticipation For the past six years, Ripple's price has been compressing within a bull pennant formation—a pattern characterized by decreasing volatility and converging price action. This prolonged period of consolidation has fueled speculation and anticipation among traders and investors, with many eagerly awaiting a breakout that could signal the beginning of a major uptrend. With the end of the pennant coinciding with the new year, there's a possibility that Ripple could experience a prolonged squeeze leading up to a significant move. The recent clearance of stage 1 resistance marks a promising development, suggesting that Ripple may be on the cusp of entering stage 2, where short-term breakouts and upward momentum become more prevalent. Navigating Stage 2: Short-Term Breakouts and Price Momentum As Ripple sets its sights on stage 2 of the bull pennant formation, traders are closely monitoring short-term resistance levels for signs of upward movement. The recent uptick in price suggests that Ripple may be gathering momentum, with the potential for further upside if key resistance levels are breached. However, the journey towards stage 3—a critical milestone signaling a major bull run—remains fraught with obstacles and challenges. Chief among these is regulatory uncertainty, as Ripple continues to grapple with legal issues and regulatory scrutiny, particularly in the United States. The outcome of ongoing legal battles, including the Securities and Exchange Commission (SEC) lawsuit alleging that XRP is an unregistered security, could have significant implications for Ripple's future trajectory and market sentiment. Conclusion: Navigating Uncertainty Towards Potential Upsurge As Ripple navigates the complexities of the cryptocurrency landscape, traders and investors remain cautiously optimistic about its prospects. The convergence of technical indicators and market dynamics suggests that Ripple may be on the verge of a major breakout, with the potential for significant price appreciation in the coming months. However, challenges remain, and the path forward is fraught with uncertainty. Regulatory hurdles, legal battles, and broader market conditions will all play a role in shaping Ripple's future trajectory. In conclusion, Ripple's journey from compression within a six-year bull pennant to potential breakout is a testament to the resilience and innovation of the cryptocurrency space. As traders and investors eagerly await the resolution of this pattern, the eyes of the cryptocurrency community remain fixed on Ripple, with the hope that it will overcome obstacles and realize its full potential in the ever-evolving landscape of digital finance.
BINANCE:XRPUSDLong
by UnknownUnicorn2319099
4
#XRP: Forming Symmetrical triangle pattern!🚨CRYPTOCAP:XRP BITSTAMP:XRPUSD BINANCE:XRPUSDT is currently forming a symmetrical triangle pattern in the daily time frame, which has a breadth of almost 100%. After the breakout, it is expected to move technically by 100%. To enter this pattern, you should accumulate above the lower trendline. It is important to have a stop loss in place to manage risk. If any daily candle closes below the lower trendline of the triangle, then you should exit the trade. Remember to always be cautious and consider risk management strategies. I will keep you updated. Stay tuned.
Long
by CRYPTOMOJO_TA
4
XRP - 20.000% RallyHello Traders, welcome to today's analysis of XRP. -------- Explanation of my video analysis: After XRP has been trading in a triangle formation for over four years, we saw an expected breakout in 2017 followed by a rally of +25.000%. Exactly five years ago XRP then started forming a similar triangle (continuation) pattern and if we see a breakout towards the upside and a break above the resistance mentioned in the analysis, we could maybe see a similar rally. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
BITSTAMP:XRPUSD
by basictradingtv
8
"Anticipation Builds as Massive 6-Year Bull Pennant Takes Shape"XRP Ripple: Chart Analysis and Market Overview XRP Ripple, one of the prominent players in the cryptocurrency space, has recently captured the attention of traders and investors as it navigates a critical juncture in its price action. With the token currently holding a major make-or-break support level at 50 cents, coupled with the formation of a 6-year bull pattern compression, market participants are closely monitoring XRP's chart dynamics and assessing its potential for future price movements. Understanding XRP Ripple XRP Ripple is a digital asset and payment protocol created by Ripple Labs Inc., designed to facilitate fast and low-cost cross-border transactions. Unlike many other cryptocurrencies, XRP does not rely on blockchain mining for transaction validation. Instead, it utilizes a consensus mechanism known as the Ripple Protocol Consensus Algorithm (RPCA), which enables near-instantaneous settlement of transactions. The Chart Dynamics At present, XRP Ripple finds itself at a crucial juncture on the price chart, with the 50-cent level serving as a critical support zone. This level holds significant importance as it has historically acted as both support and resistance during previous price cycles. Additionally, the formation of a 6-year bull pattern compression indicates that XRP is undergoing a period of consolidation, with price action tightening within a narrowing range. Bullish Outlook Despite the uncertainty surrounding the cryptocurrency market, the overall sentiment towards XRP Ripple remains bullish. Several factors contribute to this optimistic outlook. Firstly, the token's utility as a cross-border payment solution continues to gain traction, with Ripple forging partnerships with financial institutions and banks worldwide. Additionally, the recent clarity in regulatory matters surrounding XRP has provided a boost of confidence to investors. Potential Risks However, it's crucial to acknowledge the potential risks associated with XRP Ripple's current price action. The looming threat of a breakdown below the critical 50-cent support level, especially if accompanied by significant volume, could trigger a cascade of selling pressure and potentially lead to a freefall in price. Moreover, regulatory uncertainties, particularly in the United States, continue to cast a shadow over XRP's long-term prospects. Market Sentiment Market sentiment towards XRP Ripple remains divided, reflecting the uncertainty and volatility inherent in the cryptocurrency market. While some investors remain cautiously optimistic about XRP's future potential, others adopt a more conservative approach, awaiting further clarity on regulatory and legal matters. Nevertheless, the overall consensus appears to lean towards a bullish bias, supported by positive developments within the Ripple ecosystem. Conclusion In conclusion, XRP Ripple stands at a critical juncture on the price chart, with the 50-cent support level serving as a key battleground for bulls and bears. The formation of a 6-year bull pattern compression adds further intrigue to XRP's price action, with the potential for a significant breakout in either direction. While the overall sentiment remains bullish, investors should remain vigilant and closely monitor developments in the cryptocurrency market, as regulatory factors and external events could influence XRP Ripple's trajectory in the near term.
BITSTAMP:XRPUSDLong
by UnknownUnicorn2319099
2