XRP/USD LONG(HODL) Ever Heard The Phrase"History Repeats Itself"TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION
history repeats itself used to say that things often happen in the same way as they did before
Bullish traders have clearly had momentum behind them since the turn of the month the wider cryptocurrency market experiencing a tremendous uptick.
Altcoins like OMG token have surged dramatically with it reaching a $9.50 valuation despite being worth just $1.50 at the start of August.
If this trend of altcoin rallies continue, tokens like XRP will react well as it is one of the most notable cryptocurrencies in terms of its overall brand a visibility to new investors.
XRP suffered a smaller 4% price drop this week as it falls into the $0.286 support, provided by a .236 Fib Retracement. XRP started the week above $0.3 as it pushed above a shallow falling price channel. It managed to spike as high as $0.331 before the sellers stepped in and sold XRP lower.
On Tuesday, XRP penetrated beneath $0.3 as it fell back into the previous falling price channel. The coin continued to drop over the following days until reaching support at $0.286 (.236 Fib Retracement).
If the bulls can regroup at $0.286 and push higher, the first level of resistance lies at $0.3. Following this, resistance lies at $0.313 (1.414 Fib ExtensioN), $0.321 (bearish .886 Fib Retracement), and $0.331 (1.618 Fib Extension).
Against Bitcoin, XRP headed lower this week as it reached the 2435 SAT support (.382 Fib Retracement). The coin had attempted to push higher as it spiked toward 2700 SAT. However, the bears did not allow it to close a daily candle above 2560 SAT this week.
After rolling over from 2560 SAT, XRP headed lower and eventually broke beneath the 100-days EMA to reach the current 2435 SAT support (.382 Fib Retracement).
If the sellers push beneath the 2435 SAT, the first level of support lies at 2400 SAT. This is followed by support at 2333 SAT (.5 Fib Retracement & 200-days EMA), 2230 SAT (.618 Fib Retracement), and 2100 SAT.
Alternatively, if the sellers break beneath $0.286, the first level of support lies at $0.28. This is followed by support at the lower boundary of the channel, $0.264 (.382 Fib Retracement), and $0.25.
While in the short term it seems as though XRP may suffer a drop to the downside, the macro remains bullish with price targets emerging at $0.3475 and $0.36907.
Ripple’s Director of Product Launches XRP Payments and E-Commerce Platform
Ripple’s director of product is rolling out the beta version of Payburner, an XRP-based e-commerce payment platform.
In a new Twitter thread, Craig DeWitt, says Payburner is designed to make it extremely easy to send and receive instant global payments. The new product, which started as DeWitt’s side project, functions as a non-custodial wallet. DeWitt says the responsibility of safely storing the funds falls on the users as Payburner won’t have access to their passwords.
*XpringKit provides a Swift based SDK for interacting with Xpring Platform (XRP/ ILP )
Standing on the doorstep of a new year and a new decade, it is hard to believe that the first real public engagement with digital assets began only a few short years ago in 2017. Over that year and into the next, speculators and media coverage drove wild fluctuations in interest and price—contributing to a series of both spectacular rises and precipitous falls in each.
But that digital asset roller coaster ride smoothed out over the course of 2019 as speculation subsided and specialized use cases began to emerge. That utility helped demonstrate value in digital assets beyond trading and contributed to increased stability.
While skeptics and critics might still view digital assets as a giant game of Jenga, just waiting for a wrong move to send all the blocks tumbling down, we here at Ripple see the future of digital assets as more like a vast set of Legos. By carefully piecing them together, it’s possible to reimagine familiar worlds or create entirely new ones.
Looking ahead, we believe 2020 will reveal new technologies and applications for digital assets that can lead to meaningful, tangible change across a wide range of industries. In particular, we expect three major themes to develop in this first year of the new decade that will lead to a more mainstream embrace of digital assets.
Digital Assets Underpin Consumer Financial Products
XRP is a digital asset custom-designed to facilitate cross-border payments. A number of companies, including MoneyGram and goLance, and applications have endorsed this use case and we anticipate even more will join the adoption curve over the coming year. But our team expects other digital assets and use cases to find traction in the coming year and decade.
Ripple SVP of Product Asheesh Birla predicts that mobile wallets will enter the blockchain and crypto industries in a big way. Specifically, he believes that “adoption of digital assets and blockchain technology among mobile wallets and super-apps like Gojek, Grab and PayPal will become more mainstream as they look to expand their services to keep up with customer demand and compete with digital banks.”
According to Asheesh, that adoption will continue expanding to include new credit and loan products. He expects that these more mainstream use cases will first emerge in developing markets like Kenya, Nigeria and parts of Latin America where the need is most acute. These applications will be aided by friendlier regulations towards digital assets, which will also make them more attractive to tech companies seeking paths to expansion.
Similarly, Ripple SVP of Customer Success Marcus Treacher sees international and micropayments expanding to facilitate new consumer uses. In particular, he envisions purchase solutions for tourists and travelers that no longer rely on cards or card rails taking root in 2020.
“Imagine if a Japanese tourist visiting Thailand could buy goods using a mobile app or QR code, triggering an immediate cross-border payment from their Japanese yen account to a Thai baht merchant’s account. If more consumer purchase solutions start leveraging blockchain technology in the same way, the payoff will—quite literally—be huge!”
Marcus also predicts that big tech companies will continue to enter the payment space, hastening the growth of micro and wallet payments supporting immediate, low-value payment flows. This expansion of micropayments beyond traditional messaging apps like Telegram and Line to deep pocketed enterprises should create a resulting surge of developers flocking to digital assets.
Institutional Adoption of Digital Assets Accelerates
For digital assets and associated applications to have long-term staying power, institutional players must embrace the technology. We anticipate that just such a wave of institutional adoption will begin in 2020 with more traditional firms deploying digital asset and blockchain-based solutions.
Breanne Madigan, our Head of Global Institutional Markets, says this will be enabled by trusted custody brands such as State Street or Bank of New York becoming involved in digital assets. “The presence of recognized players will increase institutional confidence in the space and pave the way for greater institutional adoption next year,” explains Breanne.
CEO Brad Garlinghouse is even bolder, predicting that half of the top 20 biggest banks in the world will actively hold and trade digital assets in 2020. He is also one of many on the team that believes fiat currencies will go digital in the next year.
While SVP of Xpring Ethan Beard expects at least one central bank to launch a tokenized representation of their fiat currency in 2020, Brad forecasts at least one non-G20 currency—like the Argentine peso or similar—will become fully digitized within the next year. Xpring SDK provides the ability to work with PayID, using libraries provided in JavaScript, Java, and Swift
The weak rebound off the support line of the symmetrical triangle indicates a lack of buyers at higher levels. Currently, the bears are attempting to sink XRP below the triangle. The downsloping 20-day EMA ($0.197) and the relative strength index in the negative territory suggests an advantage to the bears.
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).”
Major distribution territories: $0.28, $0.31500, $0.34
• Major accumulation territories: $0.20, $0.24, $0.26
BUY XRPUSD WE GOING TO THE MOON
ENTRY 1 $0.26580 & ENTRY 2 $0.24468 SL $0.16460
TP.1 $0.30468 --TP.2 $0.32500 --
TP.3 $0.34580--- TRAIL STOP LOSS FROM TP.3)
TP.4 0.38400 tp.5 $0.48468 tp.6 $0.68580 TP.7 $1.11
TP.8 $3.30--TP.9--$8.50--TP.10 $12.50
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.
Xrpusdsignal
XRP HODL WE GOING TO THE MOON! XRP STANDARD)TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION
*XpringKit provides a Swift based SDK for interacting with Xpring Platform (XRP/ILP)
Standing on the doorstep of a new year and a new decade, it is hard to believe that the first real public engagement with digital assets began only a few short years ago in 2017. Over that year and into the next, speculators and media coverage drove wild fluctuations in interest and price—contributing to a series of both spectacular rises and precipitous falls in each.
But that digital asset roller coaster ride smoothed out over the course of 2019 as speculation subsided and specialized use cases began to emerge. That utility helped demonstrate value in digital assets beyond trading and contributed to increased stability.
While skeptics and critics might still view digital assets as a giant game of Jenga, just waiting for a wrong move to send all the blocks tumbling down, we here at Ripple see the future of digital assets as more like a vast set of Legos. By carefully piecing them together, it’s possible to reimagine familiar worlds or create entirely new ones.
Looking ahead, we believe 2020 will reveal new technologies and applications for digital assets that can lead to meaningful, tangible change across a wide range of industries. In particular, we expect three major themes to develop in this first year of the new decade that will lead to a more mainstream embrace of digital assets.
Digital Assets Underpin Consumer Financial Products
XRP is a digital asset custom-designed to facilitate cross-border payments. A number of companies, including MoneyGram and goLance, and applications have endorsed this use case and we anticipate even more will join the adoption curve over the coming year. But our team expects other digital assets and use cases to find traction in the coming year and decade.
Ripple SVP of Product Asheesh Birla predicts that mobile wallets will enter the blockchain and crypto industries in a big way. Specifically, he believes that “adoption of digital assets and blockchain technology among mobile wallets and super-apps like Gojek, Grab and PayPal will become more mainstream as they look to expand their services to keep up with customer demand and compete with digital banks.”
According to Asheesh, that adoption will continue expanding to include new credit and loan products. He expects that these more mainstream use cases will first emerge in developing markets like Kenya, Nigeria and parts of Latin America where the need is most acute. These applications will be aided by friendlier regulations towards digital assets, which will also make them more attractive to tech companies seeking paths to expansion.
Similarly, Ripple SVP of Customer Success Marcus Treacher sees international and micropayments expanding to facilitate new consumer uses. In particular, he envisions purchase solutions for tourists and travelers that no longer rely on cards or card rails taking root in 2020.
“Imagine if a Japanese tourist visiting Thailand could buy goods using a mobile app or QR code, triggering an immediate cross-border payment from their Japanese yen account to a Thai baht merchant’s account. If more consumer purchase solutions start leveraging blockchain technology in the same way, the payoff will—quite literally—be huge!”
Marcus also predicts that big tech companies will continue to enter the payment space, hastening the growth of micro and wallet payments supporting immediate, low-value payment flows. This expansion of micropayments beyond traditional messaging apps like Telegram and Line to deep pocketed enterprises should create a resulting surge of developers flocking to digital assets.
Institutional Adoption of Digital Assets Accelerates
For digital assets and associated applications to have long-term staying power, institutional players must embrace the technology. We anticipate that just such a wave of institutional adoption will begin in 2020 with more traditional firms deploying digital asset and blockchain-based solutions.
Breanne Madigan, our Head of Global Institutional Markets, says this will be enabled by trusted custody brands such as State Street or Bank of New York becoming involved in digital assets. “The presence of recognized players will increase institutional confidence in the space and pave the way for greater institutional adoption next year,” explains Breanne.
CEO Brad Garlinghouse is even bolder, predicting that half of the top 20 biggest banks in the world will actively hold and trade digital assets in 2020. He is also one of many on the team that believes fiat currencies will go digital in the next year.
While SVP of Xpring Ethan Beard expects at least one central bank to launch a tokenized representation of their fiat currency in 2020, Brad forecasts at least one non-G20 currency—like the Argentine peso or similar—will become fully digitized within the next year. Xpring SDK provides the ability to work with PayID, using libraries provided in JavaScript, Java, and Swift
The weak rebound off the support line of the symmetrical triangle indicates a lack of buyers at higher levels. Currently, the bears are attempting to sink XRP below the triangle. The downsloping 20-day EMA ($0.197) and the relative strength index in the negative territory suggests an advantage to the bears.
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).”
Major distribution territories: $0.22, $0.24, $0.26
• Major accumulation territories: $0.18, $0.16, $0.14
BUY XRPUSD WE GOING TO THE MOON
ENTRY 1 $0.20580 & ENTRY 2 $0.18468 SL $0.16460
TP.1 $0.21468 --TP.2 $0.24580 --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--TP.9--$8.50--TP.10 $12.50
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
ENTRY 1 $0.20580 & ENTRY 2 $0.18468 SL $0.16460
TP.1 $0.21468 --TP.2 $0.24580 --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--TP.9--$8.50--TP.10 $12.50
XRP USD - LONG POSITIONXRP/USD PRICE - EDGED HIGHER
On Friday, Ripple hit an over five-month high of $0.2570. Ultimately, the price closed a weekly candlestick in the green with a 23.7% gain.
Alongside this, the Relative Strength Index (RSI) remained in overbought territory emphasizing the strength of bullish momentum.
At the start of August, Ripple opened with an upward gap and climbed to the current $0.280-$0.312 trading zone. However, the price failed twice to move to the higher trading zone highlighting hesitant bulls.
Although over the weekend price has consolidated and maintained its level above $0.280.
We expect long term resistance zones of $0.50 and $0.70 to be hit in the short to mid-term possibly even before the beginning of 2021.
XRP/USD LONG TO THE MOON (HODL!)XRP Payments and E-Commerce PlatTECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION
Ripple’s Director of Product Launches XRP Payments and E-Commerce Platform
Ripple’s director of product is rolling out the beta version of Payburner, an XRP-based e-commerce payment platform.
In a new Twitter thread, Craig DeWitt, says Payburner is designed to make it extremely easy to send and receive instant global payments. The new product, which started as DeWitt’s side project, functions as a non-custodial wallet. DeWitt says the responsibility of safely storing the funds falls on the users as Payburner won’t have access to their passwords.
*XpringKit provides a Swift based SDK for interacting with Xpring Platform (XRP/ ILP )
Standing on the doorstep of a new year and a new decade, it is hard to believe that the first real public engagement with digital assets began only a few short years ago in 2017. Over that year and into the next, speculators and media coverage drove wild fluctuations in interest and price—contributing to a series of both spectacular rises and precipitous falls in each.
But that digital asset roller coaster ride smoothed out over the course of 2019 as speculation subsided and specialized use cases began to emerge. That utility helped demonstrate value in digital assets beyond trading and contributed to increased stability.
While skeptics and critics might still view digital assets as a giant game of Jenga, just waiting for a wrong move to send all the blocks tumbling down, we here at Ripple see the future of digital assets as more like a vast set of Legos. By carefully piecing them together, it’s possible to reimagine familiar worlds or create entirely new ones.
Looking ahead, we believe 2020 will reveal new technologies and applications for digital assets that can lead to meaningful, tangible change across a wide range of industries. In particular, we expect three major themes to develop in this first year of the new decade that will lead to a more mainstream embrace of digital assets.
Digital Assets Underpin Consumer Financial Products
XRP is a digital asset custom-designed to facilitate cross-border payments. A number of companies, including MoneyGram and goLance, and applications have endorsed this use case and we anticipate even more will join the adoption curve over the coming year. But our team expects other digital assets and use cases to find traction in the coming year and decade.
Ripple SVP of Product Asheesh Birla predicts that mobile wallets will enter the blockchain and crypto industries in a big way. Specifically, he believes that “adoption of digital assets and blockchain technology among mobile wallets and super-apps like Gojek, Grab and PayPal will become more mainstream as they look to expand their services to keep up with customer demand and compete with digital banks.”
According to Asheesh, that adoption will continue expanding to include new credit and loan products. He expects that these more mainstream use cases will first emerge in developing markets like Kenya, Nigeria and parts of Latin America where the need is most acute. These applications will be aided by friendlier regulations towards digital assets, which will also make them more attractive to tech companies seeking paths to expansion.
Similarly, Ripple SVP of Customer Success Marcus Treacher sees international and micropayments expanding to facilitate new consumer uses. In particular, he envisions purchase solutions for tourists and travelers that no longer rely on cards or card rails taking root in 2020.
“Imagine if a Japanese tourist visiting Thailand could buy goods using a mobile app or QR code, triggering an immediate cross-border payment from their Japanese yen account to a Thai baht merchant’s account. If more consumer purchase solutions start leveraging blockchain technology in the same way, the payoff will—quite literally—be huge!”
Marcus also predicts that big tech companies will continue to enter the payment space, hastening the growth of micro and wallet payments supporting immediate, low-value payment flows. This expansion of micropayments beyond traditional messaging apps like Telegram and Line to deep pocketed enterprises should create a resulting surge of developers flocking to digital assets.
Institutional Adoption of Digital Assets Accelerates
For digital assets and associated applications to have long-term staying power, institutional players must embrace the technology. We anticipate that just such a wave of institutional adoption will begin in 2020 with more traditional firms deploying digital asset and blockchain-based solutions.
Breanne Madigan, our Head of Global Institutional Markets, says this will be enabled by trusted custody brands such as State Street or Bank of New York becoming involved in digital assets. “The presence of recognized players will increase institutional confidence in the space and pave the way for greater institutional adoption next year,” explains Breanne.
CEO Brad Garlinghouse is even bolder, predicting that half of the top 20 biggest banks in the world will actively hold and trade digital assets in 2020. He is also one of many on the team that believes fiat currencies will go digital in the next year.
While SVP of Xpring Ethan Beard expects at least one central bank to launch a tokenized representation of their fiat currency in 2020, Brad forecasts at least one non-G20 currency—like the Argentine peso or similar—will become fully digitized within the next year. Xpring SDK provides the ability to work with PayID, using libraries provided in JavaScript, Java, and Swift
The weak rebound off the support line of the symmetrical triangle indicates a lack of buyers at higher levels. Currently, the bears are attempting to sink XRP below the triangle. The downsloping 20-day EMA ($0.197) and the relative strength index in the negative territory suggests an advantage to the bears.
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).”
Major distribution territories: $0.22, $0.24, $0.26
• Major accumulation territories: $0.18, $0.16, $0.14
BUY XRPUSD WE GOING TO THE MOON
ENTRY 1 $0.20580 & ENTRY 2 $0.18468 SL $0.16460
TP.1 $0.21468 --TP.2 $0.24580 --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--TP.9--$8.50--TP.10 $12.50
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
ENTRY 1 $0.20580 & ENTRY 2 $0.18468 SL $0.16460
TP.1 $0.21468 --TP.2 $0.24580 --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--TP.9--$8.50--TP.10 $12.50
XRP - Some signs of lifeAbout 100+ days without any significant action for XRP, but it seems to start slowly moving higher. Nothing special yet, so it's a good R:R to catch the pump (possible). Good thing - usually Ripple pumps hard, bad - idk maybe this time there will be no pump xD
But I prefer DeFi coins ATM to be honest.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
Ripple - $XRPBTC #XRP - To the moon is too close, go beyond!!! No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside.
You want to be on the right side of those emotional reactions and not the wrong.
#XRPBTC : I'm SHORT/ BEARISH position up until (Black BOX). I expect that $XRPUSD will rip down.
This would mean that RIPPLE will lose more 30% of its current value against BTC before it can recover.
Well, keep you updated as this timely issue evolves.
If you want to win in this market, you need to be COLD and CALCULIST .
#CRYPTO $XRPUSD #XRPBTC #XRP #RIPPLE #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
XRP/USD TO THE MOON (AMAZON PARTNERS WILL RIPPLE) PayID !HODL!TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- FIB LEVELS- PRICE ACTION
Ripple (XRP) at Major Inflection Point And Candles Warn Bullish Reversal. Ripple is following a bullish path above the $0.2320
(mic laggy sorry)
AWS Partner Profile: Ripple
600x400_ripple
RippleNet
RippleNet is a decentralized global network of banks and payment providers using Ripple’s distributed financial technology, which provides real-time messaging, clearing,and settlement of financial transactions. Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally.
Key Ripple products that enable RippleNet members include:
xCurrent- Process Real-Time Payments
Ripple’s software, xCurrent, enables banks to differentiate themselves by offering new cross-border payments services while lowering their total cost of settlement. The solution is specifically designed to meet the needs of banks by fitting within their existing risk, compliance,and information security frameworks. Ripple’s software is installed within the bank’s infrastructure and is built to interface with the bank’s systems using an API interface or through a translation layer that can consume traditional payment message formats to compress the integration time frame into weeks.
xRapid- Source On-Demand Liquidity
xRapid lets payment providers and other financial institutions minimize liquidity costs while improving their customer experience. Because payments into emerging markets often require pre-funded local currency accounts around the world, liquidity costs are high. xRapid helps to lower the capital requirements for liquidity. xRapid uniquely uses a digital asset, XRP, to offer on-demand liquidity, which lowers costs while enabling real-time payments in emerging markets. Built for enterprise use, XRP offers banks and payment providers an efficient, scalable, reliable liquidity option to service cross-border payments.
xVia –Send Global Payments with a Single Integration
xVia is for corporations, payment providers,and banks that want to send payments across various networks using a standard interface. xVia's simple API requires no software installation and enables users to send payments globally with transparency into the payment status and with rich information, like invoices, attached.
RippleNet Use Cases
By joining RippleNet, banks, payment providers, exchanges, and corporates can address many commercial use cases, including:
e-Invoicing
International supply chain payments
Global currency account
Real-time cashpooling
International bill pay
Real-time remittances and international P2P payments
RippleNet Members
Ripple collaborates with financial institutions worldwide; more than 100 financial institutions have joined RippleNet, including:
Santander (USA)
Canadian Imperial Bank of Commerce (Canada)
Kotak Mahindra Bank (India)
Itaú Unibanco (Brazil)
IndusInd (India)
InstaReM (Singapore)
BeeTech (Brazil)
Zip Remit (Canada)
LianLian (China)
RAKBANK (U.A.E.)
IFX (U.K.)
TransferGo (U.K.)
Currencies Direct (U.K.)
Airwallex (Australia)
SEB (Sweden)
SBI Remit (Japan)
Siam Commercial Bank (Thailand)
Krungsri (Thailand)
Is XRP bullish?
Ripple (XRP) at Major Inflection Point And Candles Warn Bullish Reversal. Ripple is following a bullish path above the $0.2320 support zone against the US Dollar. XRP price is likely to accelerate higher above the $0.2400 and $0.2420 resistance levels.
Marcus Treacher announced in an interview that Ripple will open up new payment corridors in Asia-Pacific, the Middle East and Africa.
Ripple aims to provide the payment solution On-Demand Liquidity to the local population to help them process cross-border transactions quickly and cost-effectively.
Marcus Treacher, Senior Vice President of Customer Success at Ripple, explained in a recent interview that despite the coronavirus, the company is planning to open up new payment corridors in Asia Pacific, the Middle East and Africa. Ripple will use the On-Demand Liquidity (ODL) payment service, formerly known as xRapid, to process cross-border payments quickly and cost-effectively.
Under ODL, XRP acts as a bridge currency between two Fiat currencies, eliminating the need for pre-financing through a nostro account. It also eliminates the risk of currency price fluctuations. As Treacher explained, the expansion of ODL is to be further advanced by the end of this year:
We have established On Demand Liquidity corridors into Mexico, the Philippines, Australia and Europe, and we’re hoping to further this expansion by opening corridors to APAC and EMEA this year.
Treacher stressed the need to support companies and individuals who are severely restricted by COVID19 and have no means of sending money home to their families without the inherent high fees and long transfer times. In response, Ripple has partnered with industry leaders to reduce or eliminate transaction fees during the pandemic:
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PayID is a simple service that makes paying money into your account easier. You can create a PayID by choosing something easy to remember, like your phone number, and registering it with your bank. The next time you want someone to pay you, instead of sharing your BSB and account number, simply share your PayID.
In response, we’ve partnered with global financial institutions such as Azimo, TransferGo and Siam Commercial Bank to reduce or waive transaction fees during the pandemic.
Treacher continued to criticize the lack of initiative by major financial institutions to open up to the innovations of the blockchain market. Although not all projects are delivering promising results, Treacher said it was time for banks to move to the “next level of development” and offer customers modern services such as fast and cheap transfers worldwide.
BUY XRPUSD WE GOING TO THE MOON
ENTRY 1 $0.18580 & ENTRY 2 $0.17608 SL $0.16460
TP.1 $0.22468 --TP.2 $0.24580 --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--TP.9--$8.50--TP.10 $12.50
He describes that the average transaction costs of $14 for a global transfer are disproportionately high for a $200 transfer, and that smart systems such as RippleNet bring far-reaching benefits for the banks’ customers:
Innovation could be at the forefront of product development, combining the established reach and influence of traditional banks with the industry-leading tech and new talent at the disposal of fintechs.
Ripple plans further expansion in Asia with SBI
Ripple Partner SBI announced a few days ago that a pilot project is currently underway and SBI is completely satisfied with the results. The XRP-based platform is scheduled to go live by the end of the year. According to the initial results, ODL is far superior to traditional bank transfers, so that the adaptation in Japan will progress rapidly thanks to the company’s large network.
Major distribution territories: $0.22, $0.24, $0.26
• Major accumulation territories: $0.18, $0.16, $0.14
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.
XRPUSDt signal (LONG)Hello friends.
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Everything on the chart.
IDEA WITH GROWTH IS RELEVANT ONLY IF BTC WILL RISE, KEEP EYES ON BTC!!!
open pos: market
targets: 0.203 - 0.209
after first target reached move ur stop to breakeven
stop: under 0.187 (depending of ur risk). ALWAYS follow ur RM .
stop is small,risk is justified
Good luck
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
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XRP / U.S. DOLLAR XRPUSDIn this Weekly 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.
XRP/USD - 3rd accumulation3 big side moves.
You can clearly see in this screenshot.
The third sideways movement has already lasted 21 days.
And most likely, the exit is scheduled for upward.
Buying in the middle of the canal for the upper boundary.
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XRP / U.S. DOLLAR (XRPUSD) Weekly, DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
XRPUSDt locally signal (LONG)Hello friends.
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Everything on the chart.We are in ascendind triangle.
market looking bullish, XRP should show us some movement upward
open pos:market
Targets: ~0.2235 and ~0.245$(after first target will reached move ur stop to breakeven)
stop: ~0.19$ (depending of ur comfort risk)
risk/profit: almost 1 to 3
for me risk is justified
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
XRP Hasn't Broken These 2 Trendlines Since 2017 ATH
The various lines of ichimoku cloud act as support and resistance, as if you didn't know. It's fascinating to watch the 2 day chart using double ichimoku settings ('crypto settings'). You can see price has not broken above the cloud (but tested it several times) since the previous cycle bull run.
A break above that cloud combined with a break above the long downwards trendline sets XRP up for a potentially epic rise.
This market appears suppressed by bitcoin maximalism and possible whale manipulation.
Suppressed forever, fundamentally worthless... or tightly coiled like a spring?
XRP LAWD AWOKENED, WHY $0.3 OR $0.9?(MUTI TF 1hr, 4hrs, 1D,1W)
Hello Friends, today I bring to you a well cooked analysis on RIPPLE the Biggest Bull RECENTLY Awaken (RIPPLE).
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XRP Started this uptrend run, As the first bull and also the most hated bull, XRP has too much to prove and that is why you will all be baffled by MEAL XRP HAS BEEN COOKING FOR SO LONG.
Using BINANCE:XRPUSDT charts let's look
Using multi timeframes, here is a clear picture of what to expect in May- June from the Awoken bull called XRP
1hours Chart
We see here a strong correction taking place after the recent fall, but this pump is far from over
1D chart
daily shows that XRP still have good chances of going up as it is still trading below last globex high and above the globex low still
1w chart
PATTERNS OBSERVED
1, Falling wedge (bullish signal)
2, MACD Weekly breakout
3, Trading above globex Low Range
4, Weekly strong volume and price trading above pivotlevel
ENTRY POINT
If prices stays above $0.215, means bullish and $0.25 will hit
if price goes below $0.205 possibility of going lower is 75% because of the Globex High on the breakout side
Weekly trend line breakout point = 0.25
Zones to watch out for Bear Zones dip
1, $0.23 to $0.248 expect a lil pull back before we can cross through, and we will attempt three times to cross, if we fail the third time it will drop a dip.
2, if volume remains strong, and the price holds above $0.25, price will make it up more through to $0.27 to $0.3 range( we will hit $0.27 to $0.3 zone )
3, Higher Timeframes like the 1week chart shows that XRP is well balanced sitting above the pivot level meaning going up is easier now.
1week chart if successful breakout occurs as expected in the $0.24 to $0.25 zone this will lead to a far BIGGER BULL RUN TO $0.8 TO $0.9 ZONE
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XRP USD Ripple - Get Ready For The Big Pump Hi friends
I looked at the big timeframe forming a huge downward pennant.
After which a really big movement can occur.
In order not to miss it,
Buying off in parts
0.201 (25%)
0.185 (35%)
0.16 (40%)
Stop loss 0.112
Goals per order (10-15-20-25-30%)
0.3
0.45
0.6
0.7
0.85
Risk reward 1: 8
The deal is long-term but the profit is very steep
This is just my opinion, and is not a call to action)
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XRPUSDT - natives will wait for their !!! 🚀Good day to all crypto fans! On the XPRUSDT chart, the reversal figure “Inverted Head and Shoulders” is clearly visible. The price pushed off the local trend line. There is a rebound along with the entire cryptocurrency market.
Whether growth will start immediately or if the price is stuck in this price range for a while depends on how the price of BTC behaves. Since there are several options for moving the BTC price, and which one will turn out to be correct, time will tell.
The strong level on XRPUSDT is 0.3, breaking through which we fly up. The first sales area is indicated on the chart.
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Disclaimer:
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.