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XRPUSDT

XRP BREAKOUT WILL BEGIN IN OCTOBER 2023XRP will breakout of the descending wedge pattern it has been trapped in since Dec 2017 on or near October 23rd 2023. A false breakout will occur first on or near Aug 28th, which will fail at around .65 cents. It will then drop back into the descending wedge pattern bottoming around .50 before the final breakout occurs on or near Oct 23rd. XRP will go on to set a new all time high before Christmas, and will most likely break the double digit level for the first time ever. It will be a very Merry Christmas indeed! Remember I told you so...
BITSTAMP:XRPUSDLong
by MetaShackle
8
XRP's Uncertain Future: A Bear and Bull Case Analysis..XRP's Uncertain Future: A Bear and Bull Case Analysis After a long-awaited court ruling in July, cryptocurrency enthusiasts had high hopes for XRP's resurgence. The Securities and Exchange Commission's (SEC) case had cast a shadow over XRP for over two years, but many believed the coin would effortlessly cross the $1 threshold this year. However, the reality has been quite different. Over the past 30 days, XRP's value has dropped by a staggering 25%, now hovering around $0.54. This drastic decline has raised questions about the coin's future. In this article, we'll explore both the bear and bull case scenarios for XRP. The Bear Case for XRP Firstly, it's essential to reconsider XRP as a short-term momentum play. Investors who bought into the optimism generated by the SEC court ruling in July and August are now facing significant losses. While overall sentiment towards XRP has improved, the path to $1 seems much more challenging than initially anticipated. Despite a mid-July surge, XRP finds itself nearly where it started at the beginning of summer. The protracted SEC court case undeniably damaged XRP's prospects. In December 2020, when the SEC initiated its case, XRP was a dominant player in the crypto payments sector. Its Ripple payment network offered efficient, fast, and cost-effective cross-border transactions. XRP was also forming partnerships with key financial service providers that recognized the transformative potential of blockchain-based payments. However, since then, numerous blockchain competitors have emerged, offering even faster and cheaper transaction capabilities than XRP. Additionally, some initial partners, like MoneyGram International, severed ties, likely due to the legal uncertainties of the SEC case. This left XRP vulnerable to fresh competition. To compound matters, the SEC has announced its intention to appeal the July court verdict, keeping XRP in regulatory limbo. Nevertheless, XRP's underlying Ripple network still offers practicality for facilitating payments. Despite losing some financial service partners, XRP continues to secure new collaborations. Notably, Western Union has expressed interest in potentially integrating XRP into its payment infrastructure, potentially revolutionizing international money transfers for the better. Moreover, XRP can benefit from macro trends like de-dollarization and the rise of central bank digital currencies (CBDCs). Integration into de-dollarization and CBDC initiatives worldwide could significantly enhance XRP's long-term growth potential. For example, the BRICS coalition (Brazil, Russia, India, China, and South Africa) aims to develop a digital payment system for rapid cross-border transactions, reducing dependence on the US dollar. XRP's blockchain technology aligns well with this vision, leading some to speculate about XRP surpassing its historical peak of $3.84. The Bull Case for XRP Assuming no unforeseen setbacks, XRP could find a niche in the financial services sector, particularly in cross-border remittances. Digital remittances represent a potential $135 billion market, but investors may prefer safer avenues like Western Union, avoiding the risks of the crypto space. Many emerging market ventures that could incorporate XRP remain speculative at this point. In conclusion, XRP remains off the radar for many investors, and some are hesitant to consider it a viable long-term investment. XRP's path ahead is undoubtedly an uphill battle, with numerous altcoins priced under $1 showing more promising long-term growth prospects. Investors should carefully evaluate the risks and rewards before considering XRP as part of their portfolio.
COINBASE:XRPUSDLong
by FOREXN1
6
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- the price has held above the 200-day moving average, around the $0.5 mark, over the past few weeks. However, the price is currently testing the 200-day moving average. If this moving average breaks down, the price will drop quickly towards the $0.43 level. On the other hand, if the price rebounds from the 200-day MA, this could lead to a bullish move towards the $0.55 resistance zone. Yet, given the RSI indicator showing values below 50%, it is more likely that the bearish scenario will play out. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
4
XRP Local Trend. Channel 394 days. Pivot zones.Logarithm. Time frame 1 day Part of the secondary trend, the upward channel zone of 394 days (13.13 months. Second year of the SEC-court FUD story). A symmetrical triangle is forming in the uptrend channel. A decoupling is coming. Percentages to key local support/resistance levels are shown on the chart. Launching "expert opinion tales" in the manner of: "a fair price" on XRP if not “sued” by the SEC from $908 to $513,000 per coin!) 🐳🗣Such reassuring nonsense for sectarians has 2 objectives: 1️⃣ 🔴 Keeping the price in the drop zone 2️⃣ 🟢 Psychological preparation for future dump , so that on any, even an inadequate % of profit from the trader's position, the sectarian will not sell his coins. After all, he is waiting for the price XXX (no! XXXXXXXXX) that “insiders” told “in confidence” (bullshit for the poor but very greedy). For example, the price of XRP rose to $0.58 or $1 (symbolically), and the “super hamster” is waiting for the realization of the insider, that is the price of at least $908 (why not $906, for example?). When pumped in the distribution zone (i.e., selling with “smart money”), such insiders and expert opinions for stupid people (news trending background) increase significantly. Especially on liquid cryptocurrencies and stocks. 🐳🔵 For stupid people (hamsters) a whole avalanche of information, like this news breaker, when: 1️⃣⚠️ Critical situation for a "market maker." When the price is near distribution zone support (reset) and there is a huge absorption of unwanted selling by the “market maker” to hold the price and not break the trend (keep the selling zone range for “dumb money”). 2️⃣ 🟢 When significant price gains are planned from the initial distribution zone to: 1) the second distribution zone (above), or 2) the last momentum from the distribution zone, before the trend reverses (reset), i.e., the activation of greed and “lost profits” for “dumb money” when most “smart money” positions have already been sold. 1️⃣ Main trend. XRP/USD Main trend XRP/USD Main trend (part) Triangle 2️⃣ Secondary Trend (all falling from the cycle high of 2021). XRP/USD Secondary trend. Channel. 3️⃣ Local trend (sideways, accumulation zone). XRP/USD Nine days until SEC-XRP's two-year anniversary! (14 updates of local work since 12/13 2022, this idea is the continuation of this work). The smaller you set your trading target, the more you earn over the distance.
by SpartaBTC
59
RIPPLE - Price can bounce from support line and leave triangleHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 After price bounced from support line, it rose to resistance line of wedge and started decline to $0.6255 resistance level. Ripple broke this level and fell to support line, but at once bounced back, exited from wedge, and some time traded near resistance area. Later price broke $0.6255 level and fell below support level, which coincided with $0.4960 support area, to support line of the triangle. But then Ripple bounced higher $0.4960 level and now price continues to trades in triangle near support line. Possibly price can grow to resistance line and break it, exiting from triangle and after this make retest. Then Ripple can continue to rise to $0.6255 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
6
XRPUSD waiting for confirmationRipple perform short term bullish with Ascending triangle pattern, and also almost reach major resistance trendline. to perform strong bullish movement, XRP need to break this resistance and break up ascending triangle pattern as bullish confirmation above 0.5528 We have 2 target for this setup, 0.6380 at previous resistance and 0.7317 around fibonacci resistance If you have any question about this analysis, feel free to contact me Happy trading
BINANCE:XRPUSDLong
by AzrulAzir
10
XRPUSD Analysis: Navigating Bullish Long-Term TrajectoryThe outlook for XRPUSD is under scrutiny, with a firm long-term bullish sentiment. A strategic analysis reveals key insights that we should consider for informed decisions. 📈 Long-Term Bullish Stance The long-term perspective on XRPUSD presents a bullish trajectory. This suggests potential opportunities for investors looking to profit on upward price movements. 💼 Medium-Term Scenario: Upswing and Correction In the medium term, a notable upswing is anticipated. However, traders are advised to stay cautious as a potential correction could follow. This cycle of surge and retreat demands calculated decisions. 🎯 Critical Levels to Watch Buy/Support Level: For those considering entry, a key long-term buy/support level lies within the range of $0.20 to $0.22. This zone offers a potential strategic entry poin t. Sell/Resistance Level: On the flip side, a crucial long-term sell/resistance level is identified at $3.20. It's a point where traders might consider profit-taking or reassessing their positions. 🔑 Breakout Potential: Bullrun Over 2024-2025 Remarkably, if the bullrun maintains stability throughout 2024-2025, the price might defy expectations and surpass the $3.20 resistance. This potential breakout could open doors to further gains. 🔍 The Path Ahead As the XRPUSD journey continues, prudent investors should keep an eye on these critical levels and monitor market dynamics closely. Strategizing in line with these insights can enhance your trading edge and potentially capitalize on both short-term fluctuations and long-term growth. Remember, successful trading requires careful analysis and adaptability to evolving market trends.
CRYPTO:XRPUSDLong
by Vestinda
2
Is XRP still bullish?When we look at the xrp waves we realize that we are in a diametric where the f wave is ending. I think we can look for sell/short trades when we reach the red box In the red box, I expect that the last wave of this rising diametric, the g wave, will end and we will move down. I have also specified the Invalidation Level, closing 1 daily candle above this level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
XRP update: The pump WILL come. With or without SEC FUD.It's time to look again at good old XRP, the historically most brutal coin to hold, and it again does confirm its reputation. The price action of XRP has been really subpar compared to some other coins, that have already seen strong rises, in accordance to the rise of BTC to new all-time highs. This is of course largely due to the SEC vs Ripple case, and the subsequent delisting of XRP from american exchanges. However, I am convinced that XRP will see epic pumps, no matter what happens in the future with the SEC lawsuit. First of all, I am following the case and it looks as if either Ripple wins or settlement happens with a probability of close to 100%. The SEC are total clowns that have an extremely weak case, and actually they are now even under scrutiny for suspicion of corruption as a direct result. But chart-wise, what XRP is doing, is nothing new. This coin always was insanely stable in BTC runups, and then after everyone had given up, see insane short bursts of extreme rise in the matter of mere weeks. This is the modus operandi of that coin, and we all knew it would be hard to have XRP. Also, historically it was always one of the very last coins to pump in a bullmarket. Actually one could even say: When XRP has pumped, the bullmarket is over. Being the last coin to pump, this statement could be verified again pretty soon. I mistakenly thought that we would get a 2017 repeat. However, BTC is NOT doing a 2017 repeat, this rally is really different from 2017. It looks more like a weird version of 2013. So, why shouldn't the correct XRP behavior also lie as far back as 2013, which is relevant to our analysis? In 2013, we can actually see some fascinating stuff that happened. XRP made an insanely similar structure to what it is doing now ! I marked it with the two ellipses. First fake pump, then dump to a lower XRP/BTC ratio. Then from there pump, retrace, another smaller pump, and by that logic, we should soon see a dump, followed by an outrageous pump. Fascinatingly, this would coincide with a very likely BTC dump, before the epic pump towards the end of the year. I also expect the US dollar DXY to further weaken and further fuel the crypto rally. Everything is aligning nicely and XRP will be again one of the last coins to pump, but I still believe that the reward for all people that were insane enough to hold this coin through all that brutal time, will be extremely high.
Long
by SebastianofMoon
54
Ripple can make a small movement down and then continue to growHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago started to decline inside the downward channel, in which it first fell to the 0.7170 resistance level, which coincides with the seller zone. But soon, Ripple broke this level and declined to support line of the channel, and then it tried to rise, and in a short time price reached the 0.7170 resistance level and a few time traded near. Next, Ripple made a little correction and then rose to the resistance line of the channel, after which it rebounded down and fell below 0.5020 support level to the support line, exiting from the downward channel. Then price at once rebounded higher this level, thereby making a fake breakout and at the moment Ripple trades very close to the support line, which coincides with the buyer zone. Probably price can make a small movement down below the support line to the support level and then it rebounds up and continues to move up. For this reason, I set up my target at 0.5900. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
10
XRP To Hit $589 fake or real?Elliott Waves: Key to Understanding Markets and Price Movements EW concept that has become a pivotal tool in the realm of technical analysis of financial markets and price movements. This theory, named after its creator Ralph Nelson Elliott, aims to uncover recurring patterns in market behavior and establish a structured framework for predicting future price movements. Basic Principles of Elliott Waves The Elliott Wave Theory is based on the premise that market prices move in distinct wave patterns, driven by the psychology and behavior of traders. This theory asserts that there are two main types of waves - impulsive waves and corrective waves. Impulsive waves are price movements that align with the prevailing trend. These waves are often composed of five smaller sub-waves, where the first three are referred to as "motive" waves, while the last two are "corrective" waves. Impulsive waves are characterized by swift price movements upwards (in a bullish trend) or downwards (in a bearish trend). Corrective waves are price movements that go against the primary trend. These waves typically consist of three smaller sub-waves and can encompass various types of corrections, such as simple corrections, triangle corrections, or flat corrections. Elliott Cycles The Elliott Wave Theory also describes several different time frames within which waves occur. These time frames are: Grand Supercycle: This cycle can span multiple decades and includes several supercycles. Supercycle: Lasting several years, it contains several cycles. Cycle: Spanning several months, it includes several primary waves. Primary Wave: Lasting several weeks, it encompasses several intermediate waves. Intermediate Wave: Spanning several weeks, it comprises several minor waves. Minor Wave: This cycle can last mere days and includes waves smaller than intermediate waves. Applying Elliott Waves in Practice Elliott Waves can be used to predict future price movements in financial markets. Traders and investors attempt to identify wave patterns on price charts and extrapolate possible market scenarios from them. However, it's important to note that interpreting Elliott Waves can be subjective and at times challenging. Some experts argue that wave identification on charts may be based solely on historical data and might not be a reliable tool for predicting future developments. Criticism and Controversy Elliott Wave Theory is not without its controversies. Some analysts contend that identifying wave patterns can be so subjective that different experts might arrive at different conclusions regarding the same price chart. Thus, achieving consistent results can be difficult. Conclusion Elliott Waves present a sophisticated tool for the technical analysis of markets, which can aid traders and investors in better understanding price movements and trends. While this theory undoubtedly offers intriguing insights, it's crucial to acknowledge its limitations and potential interpretational challenges. When using Elliott Waves, it's essential to combine them with other analyses and strategies, refraining from placing excessive reliance on them as a singular miraculous tool for market prediction.
CRYPTO:XRPUSDLong
by Bitcoinblockchainonline
HelenP. I Ripple can bounce from trend line and start to declineHi folks today I'm prepared for you Ripple analytics. Recently price traded inside the 0.6370 - 0.6210 resistance zone, which coincides with the 0.6210 resistance level. Later Ripple broke the 0.6210 level and made a strong impulse down to the trend line, thereby breaking the 0.5080 support level too. But at once price rebounded higher of support level, which coincided with the support zone, and started to trade near the 0.5080 level. A few time later price declined to the support level, which there time coincided with the trend line and rebounded. But some time ago Ripple broke the trend line and at the moment it trades below this line. For this reason, I think that the price can rise to the trend line and then start to fall to the support level. After the price reaches this level, Ripple can break it, make a retest, and then continue to decline. Therefore I set my target at 0.4700. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
9
XRP 4H Chart ReviewHello everyone, I invite you to review the chart of XRP in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when we start a larger correction. However, here, after unfolding the Fib Retracement grid, we see that the price is holding a strong support zone from $0.55 to $0.46. Looking the other way, we can mark two resistance zones, the first zone from $0.58 to $0.63, and then we have the second resistance zone from $0.69 to $0.76, only when we manage to overcome them we can move towards resistance at $0.85. When we turn on the EMA cross 200, we see that the price quickly returned to the blue line of the moving average 200, which indicates a quick return to the downtrend. On the CHOP index, we can see that there is a lot of energy for the upcoming move, on the RSI we have a rebound and sideways movement around the middle of the range, while the STOCH indicator starts to turn around, which may indicate a price increase in the coming hours.
by cryptodailyuk
2
XRP Facing ☁️ In the Next 24 Hrs; Next 7 Days 🌧️? Bearish TrendThe global crypto market faces mixed trading conditions 🌥️ over the next 24 hours, with XRP, Bitcoin, and Litecoin, and most other altcoins facing clouds ☁️, indicating a slightly bearish market with downside risk. However, the sun ☀️ shines over Ether and Polkadot, suggesting a slightly bullish market with upside potential. Over a one-week horizon, the subdued mood is likely to continue. 🌧️ Bitcoin, Ether, Binance, and most other altcoins will face rain ☔ or clouds with some sun piercing through – a bearish trend. Follow us for more crypto weather reports!
by ATTMO
#XRP - Where the price will go?#XRP Currently #XRP is in the range between 0.56$ (resistance) and 0.47$ (support) As the coin is in the downtrend, I would set limit orders to short from resistance levels (red lines) that you can see on the chart and would keep my shorts till very strong support levels (green lines on the chart) where I expect to see significant bounce. To be more clear: 1. The coin is in the range. Breaking through resistance level (blue line) can lead the coin up until 0.567$ where it can reject and return to 0.479$ level. 2. #XRP breaks through 0.567$, in this case the way to 0.67$ opens, where we can see rejection and price return to 0.567$ and probably below. 3. #XRP breaks through all resistance levels and in this case we can see the coin at 0.817$ 4. Coin consolidates, closes with 4H candle at 0.47$ and below in this case the way to 0.3627$ opens and probably we will be able to see the coin lower.
by vazitrades