BTCUSDT 4H :Very important Area(120k or 77K)Hello, good day
According to the analysis we had, the liquidity below $90,000 was hunted with a quick move. And according to the analysis, we reached the very important area at 95,000 and 96,000 again. According to the USDT chart, I expect us to experience a short-term correction and then move to break the resistance at $96,000. The target for the first step of the rise could be 108,000.
XRPUSDT
SHORT TERM analysis scalp/swing idea Oh boy.... I don't typically trade short I feel like I'm betting against my investments but I think this needs to be said ....
CRYPTOCAP:XRP had a beautiful price spike yesterday if you got in and snagged it, yay you, enjoy your bag 💰
Upon analyze charts this morning I'm seeing some disturbing bearishness upon us. But with all the crazy price action yesterday I think it needs to cool so we can move forward and sustain new highs.
Support Levels :
The immediate support level lies around 2.3873. A break below this level could trigger further downside.
The next significant support level is around 2.3154.
Moving Averages :
The 20-period and 50-period moving averages are sloping downwards. If the price continues to decline and breaks below these moving averages, it could signal further bearish momentum.
Bollinger Bands:
The price is currently trading below the lower Bollinger Band. If the price remains below this band for an extended period, it could indicate a continuation of the bearish trend.
Overall Market Sentiment: A bearish sentiment in the broader cryptocurrency market could exacerbate the decline in XRP.
Personally I have a short order triggering at $2.4850 with a STOP loss set at 5.52 and a take profit at $2.30, $2.25, and $2.
I would be cautious entering any new long positions above $2.50, let Monday morning come before making any hasty decisions. Rather have fomo than loss imo.
None of what I say should be considered financial advice. Just the outlook of a second set of eyes. Do your own research. Take what reasonates, leave the rest.
All my love ❤️
XRP Short Scalp IdeaGot into this short trade in XRP.
Looks like it tap into the Key Level on the 15 min TF, and we're getting a little rejection from it.
Risk is small, and Stop Loss is tight. Only bet what you can loose.
Entry: 2.5414
SL: 2.5671
Target: 2.4824
Risk/Reward : 2.25
Trail SL once price nears the profit target. Trade on your own risk.
Happy Trading!
XRPUSDT - neutral patternhi traders,
Since the beginning of December, XRPUSDT has been consolidating and forming the symmetrical triangle pattern.
This corrective structure may bring us more upside in the next days but as it's a neutral pattern, there's a probability that it will break down too.
How to position yourself?
1. If the price breaks to the upside, enter the long position. Target for longs: 3,40 - 3,50$.
2. If the price breaks down, bears will target the zone between 1 and 1,20 $.
In either scenario, look for the volume increase to avoid trading the false breakout.
Good luck!
XRP ANALYSIS 🌸#XRP Analysis : Bullish Trend 🚀🚀
🚀As we can see that #XRP was making higher highs and higher lows. But finally we can see a breakout of flag and pole pattern. It indicates a bullish trend after it retest the inclining trendline. 💲💲
🔖 Current Price: $2.5454
⏳️ Target Price: $2.7055
⁉️ What to do?
- We can trade according to the #XRP chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#XRP #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
XRP: Post-Triangle Thrust in Play?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
XRP continues to hold up better than most assets in the current market, showing strength despite overall volatility. Based on the analysis of a potential triangle pattern, it appears XRP could be entering a Post-Triangle Thrust (PTT) phase, with a projected target above $3.
Key Levels to Watch
For this PTT scenario to unfold, XRP must break through critical pivot levels and maintain its position above them. On the chart, $2.20, $2.72, and $2.90 are pivotal areas of interest. A successful breach and hold of these higher levels would further validate the bullish outlook.
Additionally, the trend lines highlighted in the chart, which XRP has reacted to multiple times in the past, remain crucial. The upper trend line will need to hold as support to sustain the bullish momentum.
Volume Trends
One notable aspect of the current price action is the declining volume, as shown on the chart. While this is typical during a consolidation phase, increased volume would provide stronger confirmation of a breakout. Higher volume on a decisive move would signal greater market participation and conviction in the direction of the trend.
Conclusion
The potential for XRP to hit the $3 range hinges on its ability to break and hold above key levels, supported by stronger volume and respect for trend lines. Next week will be critical in determining whether this Post-Triangle Thrust plays out as anticipated. For now, all eyes are on the pivots, retrace, and market sentiment.
Trade safe, trade smart, trade clarity.
XRP is poised to surge toward $4 The possibility of #XRP reaching $4 is an exciting speculation, especially for traders and investors in the cryptocurrency market. Such predictions are often based on a combination of factors like technical analysis, market trends, regulatory developments, and broader crypto adoption.
Here are some potential factors that could support this hypothesis:
1. Positive Regulatory Developments: Ripple’s partial victory in its SEC lawsuit has boosted investor confidence. Further favorable rulings or regulatory clarity could push XRP’s price upward.
2. Increased Utility: Ripple’s focus on cross-border payments and partnerships with financial institutions could lead to increased demand for XRP, driving its price higher.
3. Market Sentiment: A bullish overall crypto market could help XRP gain traction, especially with renewed interest in altcoins.
4. Technical Breakouts: If CRYPTOCAP:XRP breaks through key resistance levels in its charts, it could trigger a rally to $4 or beyond.
5. Institutional Adoption: Large-scale adoption by financial institutions and payment providers could significantly impact XRP’s value.
Are of potential entries :
2.4 - 2.1
1.9 - 1.6
Trading Note
While the prospect of XRP hitting $4 is thrilling, it’s crucial to stay grounded. Use risk management strategies like stop-loss orders and avoid over-leveraging your positions. Always base your trades on a mix of technical analysis and fundamental research.
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XRPUSDT: Not Impressed Despite the Volume SpikXRPUSDT: Not Impressed Despite the Volume Spike 📉
XRPUSDT not looking good to me.
Here’s the breakdown:
Volume Surge: A 50% increase in daily volume—sounds exciting, right?
Overall Trend: Unfortunately, the chart doesn’t look promising. Buyers aren’t stepping up as expected.
I’ll be cautious here—sometimes volume spikes without real strength can be a trap. Let the market show its hand before diving in!
Play smart, stay sharp, and follow for more insights. 🚀
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
🚀 RENDERUSDT: Strategic Support Zones at the Blue Boxes +%45 Reaction
🎯 PUNDIXUSDT: Huge Opportunity | 250% Volume Spike - %60 Reaction Sniper Entry
🌐 CryptoMarkets TOTAL2: Support Zone
🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
XRPUSD Weekly & Daily Charts Are Key XRP RIPPLE this WEEKEND...🟢Regardless of your LONG or SHORT term bias or position the higher timeframes will be key in any decision going forward.
🟢As we come into the end of the week tomorrow will mark the first full trading week of 2025 bringing W1 to a close.
🟢Today's D1 close will be key also.
Has price finally broken out od the DAILY CHART BULL FLAG?
ℹ️Remember stick to your own plan, at the end of the day that is the obly thingvthat matters.
Have a GREAT WEEKEND!✌️
XRP/USD "Ripple vs U.S Dollar" Crypto Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XRP/USD "Ripple vs U.S Dollar" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at anypoint,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 2.80000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Considering these factors, the XRP/USD pair may experience a Bullish trend in the short-term, driven by:
Growing adoption and usage of XRP for cross-border payments and remittances.
Increasing demand for digital payments and remittances, driven by growing global trade and commerce.
Favorable regulatory environment, driven by growing recognition of the benefits of cryptocurrencies and blockchain technology.
🐂 Bullish Factors:
Growing adoption and usage of XRP for cross-border payments and remittances.
Increasing demand for digital payments and remittances, driven by growing global trade and commerce.
Favorable regulatory environment, driven by growing recognition of the benefits of cryptocurrencies and blockchain technology.
Growing interest in blockchain technology and its applications, driven by its potential to increase efficiency and reduce costs.
Increasing investment in XRP and other cryptocurrencies, driven by their potential for long-term growth and returns.
It's worth noting that the XRP/USD pair is highly volatile, and prices can be influenced by a wide range of factors, including global economic events, regulatory changes, and market sentiment. As with any investment, it's essential to do your own research and consider your own risk tolerance before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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I'll see you soon with another heist plan, so stay tuned 🫂
XRPUSDT Ready to Explode? Pennant Breakout Could Signal $5!BINANCE:XRPUSDT is currently forming a classic pennant pattern, indicating a potential breakout is imminent. With increasing buzz around CRYPTOCAP:XRP and massive adoption underway, the coin appears primed for a significant move. Once the breakout occurs, BYBIT:XRPUSDT could become unstoppable, potentially reaching a new all-time high.
Our projection sees BINANCE:XRPUSDT climbing to $5 in the near future, driven by market momentum and strong fundamentals. However, as always, it’s essential to manage risks—set a stop-loss below the pattern support to protect your capital.
Get ready for what could be one of CRYPTOCAP:XRP ’s most explosive rallies yet!
COINBASE:XRPUSD Currently trading at $2.38
Buy level: Above $2.3
Stop loss: Below $1.9
Target : $5
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
TradeCityPro | XRP : Positive News & complement Analysis👋 Welcome to TradeCity Pro! In this analysis, I want to examine the XRP coin for you. This coin is one of the oldest in the crypto world, and the most complete chart I could find was from Bitstamp. I intend to analyze this coin comprehensively across different timeframes.
📅 Weekly Timeframe: Reaching ATH After Years
In the weekly timeframe, we are observing several large and powerful weekly candles that started from the support level at $0.48111, which also coincided with the trendline bottom. This movement continued up to $2.71639, resulting in growth of more than 450%.
🔍 Previously, the price was in a range from $0.48111 to $0.73056, which was broken after nearly 18 months. After breaking through the top of the box and with an influx of buying volume and the RSI moving into overbuy territory, it even surpassed the previous bull run's peak at $1.5761 and reached the main ATH at $2.71639.
📰 This coin was one of the few that did not reach its ATH in the last bull run, mainly due to the lawsuits it faced in the United States. Despite numerous legal cases and being surrounded by negative news, this project managed to survive. In recent months, the court rulings have started to favor XRP, and it is expected that the final verdict will be issued in July 2025. From the documents available, it seems that the case will likely end in favor of XRP.
✨ Another piece of news that benefited this project and definitely influenced this pump was the unveiling and launch of the stablecoin RLUSD, which also helped to bring in volume and bullish momentum to the market and has reached a market cap of $50 million so far.
🔼 If this news continues, the price might break the resistance at $2.71639 and establish new ATHs. However, it's also possible that the price might range until July as market participants wait for both a new price structure to develop and the final legal resolution.
📊 If the resistance at $2.71639 is broken without any correction, it is currently impossible to set a target for a new ATH based on Fibonacci, but if the price creates some structure and corrects a bit, both the health of the trend would be confirmed and the next targets could be determined.
🥸 To find the next corrective areas, it would be better to go to the daily timeframe to see more details.
📅 Daily Timeframe: Beginning of Rest After the Uptrend
In this timeframe, we can draw Fibonacci retracement. As you can see, the price is ranging between $2.03599 and $2.71639, mainly giving a time correction without much price retracement compared to the trend it had.
🔽 If a price correction starts, the first area would be the 0.236 Fibonacci level, still considered a shallow correction. The main correction zones would be 0.382, 0.5, and 0.618 Fibonacci levels. The pre-existing support on our chart at $1.26887 lies between the 0.382 and 0.5 Fibonacci zones, which strengthens this area.
🔑 The RSI has exited the overbought area, and re-entering this zone could trigger another price jump. Conversely, breaking below 50 in the RSI increases the likelihood of a correction scenario. As long as the price remains above $0.73056, the trend isn’t considered finished, but if trend reversal is confirmed using Dow Theory in higher zones, we might swiftly shift our market outlook.
🚀 To establish higher targets, as mentioned, we must wait for the $2.71639 ceiling to break to determine the main correction zone and use the Fibonacci extension tool.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, I want to specify the futures triggers for you.
📈 For long positions, a trigger at $2.48971 seems appropriate given the overall market trend, and upon breaking this area, the first price target could be $2.77913. The main trigger would be breaking the ATH, where breaking $2.77913 could potentially lead to a new ATH.
🔽 For short positions, the first trigger at $2.26574 is very risky given the bullish trend, so be mindful of risk management. I personally prefer not to short a coin with such significant upward momentum, but if you decide to short, the next area for shorting would be below $2.01756.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
What recent legal updates make Ripple more secure for investors?Hello and greetings to all the crypto enthusiasts, ✌
Reading this educational material will require approximately 10 minutes of your time. For your convenience, I have summarized the key points in 10 concise lines at the end . I trust this information will prove to be insightful and valuable in enhancing your understanding of Ripple and its role in the global financial landscape.
Key Questions and Concepts:
Personal Insights and Technical Analysis of Ripple.
What is Ripple, fundamentally?
On which platform does Ripple operate?
What is the underlying structure of Ripple?
How does Ripple differ from other dominant cryptocurrencies around the world?**
XRP Token Supply and Distribution.
The Ripple vs. SEC Legal Battle.
Ripple’s Key Products.
The Evolution of Ripple’s Team.
Personal Insights and Technical Analysis of Ripple:
Ripple represents a pioneering approach to interbank communication and the future of global financial transactions. With its immense potential, I have been an advocate of Ripple for several years, following its progress with keen interest. From a technical perspective, I anticipate Ripple's price to reach initial targets of $3, $5, and even $10, with the possibility of much higher valuations in the long term.
Unpacking Ripple’s Nature:
When people hear Ripple, their first thought is often cryptocurrency. Many users mistakenly view Ripple purely as a cryptocurrency, but in fact, Ripple is primarily a digital payment network. This distinction is crucial because Ripple's mission extends far beyond simply being a digital currency. While Bitcoin primarily serves as a store of value and digital money, Ripple's main objective is global money transfer.
The cryptocurrency XRP, commonly referred to as Ripple, functions as the currency within this payment ecosystem, primarily used to pay for transaction fees. Ripple operates on the XRP Ledger (XRPL), an open-source, decentralized blockchain designed to facilitate secure and efficient transactions via Ripple’s protocol, known as RTXP.
Although Ripple’s network is often viewed as a separate branch of blockchain technology, it is technically a form of distributed ledger technology (DLT). Ripple employs a distinctive consensus mechanism called the Ripple Protocol Consensus Algorithm (RPCA), which utilizes a Federated Byzantine Agreement (FBA) protocol. This consensus model differs significantly from the one used by Bitcoin and other blockchain-based cryptocurrencies, enabling faster transactions and lower fees compared to traditional banking systems.
Ripple’s Consensus Mechanism:
Ripple’s RPCA is designed to validate transactions quickly and securely. A network of independent nodes within the Ripple network collectively reaches consensus on the validity of transactions. This ensures that Ripple’s primary goal of increasing transaction settlement speed and reducing costs is achieved, positioning it as a viable alternative to conventional banking systems.
XRP Token Supply and Distribution:
Ripple’s native cryptocurrency, XRP, plays a key role in facilitating transactions within the Ripple network. The total supply of XRP is capped at 100 billion tokens, all of which were pre-mined prior to the project's official launch in June 2012. The distribution of XRP is structured as follows:
- 20 billion XRP were allocated to the founding team and early stakeholders.
- 55 billion XRP were placed in an escrow account, with a monthly release of 1 billion XRP tokens, as per the pre-established plan.
- The remaining XRP tokens were sold to early investors during the initial coin offering (ICO).
The Ripple vs. SEC Legal Battle:
The Ripple vs. U.S. Securities and Exchange Commission (SEC) case, initiated in late 2020, became one of the most high-profile legal disputes in the history of the cryptocurrency industry. The SEC argued that XRP should be classified as an unregistered security, alleging that Ripple Labs had raised over $1.3 billion through the sale of XRP tokens. Ripple Labs vehemently rejected the SEC’s claims, asserting that XRP serves as a utility token and has multiple use cases beyond a security.
In June 2023, a judge ruled that although the direct sale of XRP to institutional investors constituted the sale of unregistered securities, Ripple’s use of the “blind bid” sale method (where the buyer's identity remains anonymous) resulted in a partial legal victory for Ripple. This ruling marked a significant moment in the case, although legal challenges continued.
By October 2023, the SEC expanded its lawsuit to include claims that Ripple executives Garlinghouse and Larsen had violated securities laws. However, the prolonged legal battle culminated in a significant ruling in August 2024 , when Ripple was fined $125.023 million—far less than the $1.9 billion fine the SEC had originally sought. The most important aspect of the ruling was that XRP itself was not deemed a security.
Ripple’s Key Products:
Ripple currently offers three main products targeted at banks and financial institutions, collectively referred to as RippleNet. These products are:
1. xCurrent
2. xRapid
3. xVia
Each product is designed to address different challenges in the financial sector, but it is important to note that XRP plays a central role only within the xRapid platform. xCurrent and xVia do not necessarily require the use of XRP for their operation.
xCurrent:
xCurrent is a platform that enables real-time, cross-border payments between financial institutions. It operates on a distributed ledger called Interledger, which was developed by Ripple's engineers. However, unlike Ripple’s proprietary XRP Ledger, the Interledger protocol is governed by the World Wide Web Consortium (W3C), a global non-profit organization that establishes web standards. The primary purpose of xCurrent is to facilitate instantaneous and secure currency exchanges between banks, not limited to digital currencies.
xCurrent allows for seamless international payments by ensuring liquidity across various currencies. For example, a bank in the United States can send US dollars via xCurrent, and the recipient bank in Europe will receive the equivalent amount in euros. Most of Ripple’s partner institutions primarily use xCurrent, and it is important to note that XRP is not a mandatory component of this platform.
xRapid:
xRapid addresses the issue of liquidity in cross-border transactions by directly using XRP. This product allows financial institutions to convert fiat currencies into XRP for transfer and then convert it back into the local currency at the destination bank. By doing so, xRapid eliminates the need for intermediary banks or liquidity providers, streamlining the process and reducing costs.
For instance, if a company in the United States needs to pay for goods from a supplier in the United Kingdom, the payment will proceed as follows: the sending company’s bank converts USD into XRP, which is transferred via the Ripple network and then converted into GBP (British pounds) for the receiving bank. This process significantly reduces reliance on traditional correspondent banks and enables faster, more cost-effective international payments.
One challenge for xRapid is the liquidity of XRP. To fully realize the platform’s potential, XRP must be widely available on global exchanges and achieve substantial trading volume.
xVia:
xVia is an interface designed to facilitate the use of both xCurrent and xRapid. It provides a streamlined means of communication between Ripple’s products, allowing businesses to easily integrate Ripple’s solutions into their payment systems. Launched in 2018, xVia is currently in the testing phase and represents Ripple’s ongoing efforts to create more efficient and accessible financial products for global institutions.
The Evolution of Ripple’s Team:
Ripple’s journey began in 2004, when Ryan Fugger founded RipplePay, a peer-to-peer payment system aimed at enabling global money transfers. Although RipplePay showed early promise, it struggled to achieve widespread adoption, with fewer than 10,000 users by 2011.
In 2011, Jed McCaleb, a prominent figure in the Bitcoin community, joined the Ripple team. McCaleb convinced Fugger to hand over control of the company to him and his team. This marked the beginning of a significant transformation for Ripple.
Chris Larsen’s Involvement and Ripple’s Rebranding:
In 2012, McCaleb hired Chris Larsen, an established entrepreneur in the tech space, to help lead Ripple’s development. Larsen became a key figure in Ripple’s success, and together with McCaleb, they rebranded the company as Opencoin. This marked the first of three name changes for the company, culminating in the eventual adoption of the name **Ripple Labs**.
In October 2012, Jesse Powell, the founder of a major cryptocurrency exchange, invested $200,000
in Ripple. This investment, along with support from early investors like Roger Ver (the creator of Bitcoin Cash), played a crucial role in Ripple’s growth.
Jed McCaleb’s Departure and the Launch of Stellar:
In 2014, internal disagreements led to Jed McCaleb’s departure from Ripple. He had become increasingly disillusioned with the direction the company was taking, which he felt deviated from his original vision. Shortly thereafter, McCaleb co-founded Stellar, another blockchain project aimed at addressing financial inclusion and cross-border payments.
🧨 Our team's main opinion is: 🧨
Ripple is a groundbreaking digital payment network, not just a cryptocurrency. Its main goal is to facilitate global money transfers, with XRP serving as the utility token for transaction fees. Ripple operates on the XRP Ledger, using a unique consensus mechanism (RPCA) for fast, low-cost transactions. The total XRP supply is capped at 100 billion, with a significant portion held in escrow. Ripple has faced legal battles, especially with the SEC, but key rulings, including in 2024, concluded that XRP itself isn’t a security. Ripple offers three main products: xCurrent (cross-border payments), xRapid (liquidity via XRP), and xVia (integration tool). Ripple’s roots trace back to 2004, with a major turning point in 2012 when Chris Larsen and Jed McCaleb rebranded the company. McCaleb later left in 2014 to co-found Stellar, a similar project.
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Xrp - Two Digits After The Breakout!Xrp ( CRYPTO:XRPUSD ) is about to break out:
Click chart above to see the detailed analysis👆🏻
Just three months ago we finally saw the overall expected symmetrical triangle parabolic breakout on Xrp. However Xrp is now retesting the previous horizontal all time high resistance. With all the bullish momentum a breakout is very possible, leading to two digits.
Levels to watch: $2.5, $10.0
Keep your long term vision,
Philip (BasicTrading)
BTCUSDT h4 : UPDATE ROADMAPHi Good day,
after the decline that I explained to you in the previous analysis, now another perspective has been added that you can expect.
SecondChanceCrypto
⏰ 10/Jan /25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
XRP | Bank of America Uses XRP InternallyXRP is making international headlines once again - this time, news of a collaboration with Bank of America is going around.
XRP gained against the trend on Wednesday, as other cryptocurrencies faced losses. The surge followed a photo shared by Ripple CEO Brad Garlinghouse, showing him dining with Chief Legal Officer Stuart Alderoty and President-elect Donald Trump.
But have we seen this before? In the past, Ripple has been known to make dodgy deals with news outlets and participate in unsolicited and unethical advertising - who remembers all the celebs they paid to speak out about XRP, and then the string of YouTube influencers? The SEC case cracked down on this "market manipulation" particularly hard, but it merely cost Ripple a few million dollars in fines.
Recently, David Stryzewski, CEO of Sound Planning Group, appeared on FOX Business to assert that Bank of America (BoA) is now utilizing XRP for 100% of its internal transactions. If verified , this would mark a groundbreaking step toward mainstream adoption of blockchain technology within major financial institutions. (This is a little worrisome - a validation from Bank of America would really be the only believable confirmation).
As per a recent article by The Crypto Times, a move of this magnitude could position XRP as a pivotal component in global banking systems. Notably, Bank of America’s relationship with Ripple is not new. The bank has been a member of RippleNet, Ripple’s blockchain-based global payments network, which facilitates secure and fast international money transfers. Bank of America's interest in blockchain technology dates back to at least 2017, when it filed a patent for a real-time settlement system referencing a "ripple" distributed ledger. Although the patent did not explicitly mention XRP , it signaled the bank’s intent to explore the integration of Ripple’s technology into its operations. According to Stryzewski, BoA has since filed 83 patents related to Ripple’s blockchain technology, underscoring its commitment to incorporating this transformative technology into its infrastructure.
Another recent publication by Binance expressed confidence in XRP’s long-term significance, praising the technology and Ripple's partnerships through RippleNet. Ripple’s official website lists Bank of America as a member of RippleNet, reinforcing the likelihood of ongoing collaboration.
If Stryzewski's claim proves accurate, it would represent a historic milestone for cryptocurrency adoption in traditional banking, potentially leading to a massive short-term pump. It is good to remember though, as with any news relating to Ripple and XRP, there are always many "if's" and "buts".
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CRYPTO:XRPUSD COINBASE:XRPUSD BINANCE:XRPUSDT
"XRP/USDT Analysis: Potential Reversal and Resistance Breakout"On the daily chart, XRP is consolidating within a defined range. Currently, the price is approaching a key support zone around $1.95 - $2.00, which has shown strong buying interest in the past.
I anticipate that if the price holds this support, XRP could initiate a reversal and head towards the resistance zone around $2.75 - $2.80. A breakout above this resistance could pave the way for further bullish momentum