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XRPUSDT

XRP's Market WaltzAs the October leafs flutter in the crypto theatre, XRP pirouettes on the stage of uncertainty on October 5, 2023, with its price elegantly poised at $0.529669. Despite a recent encumbering bearish sentiment, the curtains are yet to draw on XRP's performance as a soft whisper of bullish momentum echoes through the market halls. Just days before, on October 3, a mild stumble of 3.01% against the US Dollar had slightly dimmed the spotlight on XRP. Yet, as the choreography unfolds, a medium-term price encore at $0.5675 is being choreographed by the market maestros for October, with a long-term crescendo targeted at $0.9300 come January 2024. The script hints at a captivating act with a predicted price surge of about 32% over a week to touch $0.66, following a meaningful breach of a Fibonacci ballet step. This projection twirls in harmony with the general market optimism for a grand XRP rally in October. The technical tableau paints a scene of mixed sentiment. The resistance and support levels stand as the pivotal stages for XRP's next act. A triumphant leap above the resistance of $0.66 could herald a bullish ensemble, propelling XRP towards the medium-term crescendo of $0.5675 and beyond. Yet, a falter could send XRP spiraling down to retest the lower support zones, a scene the market audience watches with bated breath. Amidst the backdrop of an October scheduled buyback and the simmering notes of the SEC case, the $0.66 resistance level emerges as a critical battleground, setting the stage for XRP's short-term price ballet. The choreography of XRP amidst the mixed market sentiment resonates through the crypto auditorium, embodying the volatile yet hopeful narrative of XRP as it endeavors to regain its bullish tempo in this financial choreography. Key Price Levels: - Resistance Level 1: $0.66 - Resistance Level 2: $0.5675 (medium-term target for October)
by MonoCoinSignal
44
RIPPLE - After exiting from triangle price can continue to fallHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced down of $0.5125 support level, which coincided with support area, and entered to flat. Inside flat, price reached bottom part and made upward impulse to $0.5355 level, thereby breaking $0.5125 level. Also, price exited from flat and soon bounced of resistance level and started to decline. Later Ripple entered to triangle, where it rose to resistance line, which is located in resistance area, but then it bounced down. Price declined to support line and soon broke it, thereby exiting of triangle, and now Ripple trades near this line. In my mind, Ripple can fall to support level, break it and maybe make retest, after which continues to decline to $0.5000 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
9
Ripple is likely to continue a downward trendXRP broke below its uptrend line in August and found support after hitting the $0.50 range (green box) and returned to this trend line, which has now become a resistance. Ripple crypto failed to break this trend line in three encounters and was rejected from the price range of $0.54 (red box). This price range has been one of the main price resistances in the last one to two years and now it has become one with our dynamic trend. After price rejection from this range, Ripple is expected to complete a downtrend to the green box. Of course, the main bearish target of Ripple can be considered around the price of $0.42 (green dashed line), but we need to see how the price will be around the green box to make a more confident opinion about the $0.42 target.
Short
by ahmadinjast
Don't Miss Out on XRP's Big Move! XRP remains an asset to watch - my next "big" trade of the season. We remain consolidating underneath critical resistance. A successful breakout of $0.5572 is going to lead to an aggressive long - while any violent rejection downwards is going to trigger a short back down to our Demand Zone at $0.32. Volatilty is starting to contract on the Daily Timeframe for XRP. Watch for Daily Breakdowns of $0.50, that is our new Support Level and we already put in a deviation of that level with a drive down to $0.46. If XRP is going to successfully breakout, there's no reason to revisit that level of support again. Breaking down below it would be an early trigger for our short position. XRP like BTC and ETH are pumping today. XRP just drove down into a Demand Zone, again, watching this Demand Zone is crucial for catching an early short if XRP breaks down here. Until that happens, we trade to the Long Side like everything else and see if XRP can break short-term resistance at $.5280.
by CrackingCryptocurrency
Ripple can start to rise to resistance level and try to break itHello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price a few moments ago broke the 0.5000 support level, which coincides with the buyer zone and declined to 0.4590 points. But then it bounced and started to rise inside the upward channel, in which the price rose to the 0.5000 level, broke it, and continued to move up to the resistance line of the channel. After Ripple reached this line, it rolled down back to the support level, where it some time traded near and later rebounded up to the 0.5375 resistance level, which coincide with the seller zone. But after this movement, it rebounded down back to the support line, where a little time traded and then bounced back to this level and even entered to seller zone. Then Ripple started to decline and fell below resistance level and now it continues to decline. For my mind, Ripple can start to rise to a resistance level and try to break it. After the breakout, it can make a retest and then continue to move up to the resistance line of the channel. For this case, I set up two targets, the first target at the 0.5375 resistance level and the second - at the 0.5600 level, which coincides with the resistance line of the channel. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
6
XRP Set to Soar Past Target of 0.54 with New License Approval I am thrilled to share with you that XRP has recently received a groundbreaking license approval in Singapore, a major financial hub and a hotbed of innovation. This development is set to catapult XRP's value beyond our initial target of 0.54, and the possibilities are simply mind-boggling! With this new license in hand, XRP is poised to solidify its position as a leading cryptocurrency, gaining increased acceptance and adoption in the financial sector. The license approval in Singapore is a testament to the immense potential and robustness of XRP's technology, making it an irresistible choice for both institutions and individual investors alike. Now, you might be wondering, "How can I get in on this extraordinary opportunity?" Well, my friends, the answer is simple: it's time to long XRP! By taking advantage of this exciting moment, you have the chance to ride the wave of XRP's success and potentially reap substantial rewards. With the new license approval, XRP's value is expected to surge exponentially, surpassing our initial target of 0.54 in no time. So, don't wait any longer! Seize this golden opportunity and position yourself for maximum gains by long XRP today. The time is ripe, and the potential returns are too tempting to ignore. Remember, successful traders are those who dare to embrace opportunities, and this is undoubtedly one of those moments that can shape your financial future. Long XRP now and join the ranks of those who have the foresight to recognize the immense potential in front of them.
Long
by bryandowningqln
XRP/USDT bullish scenario what next?👀 🚀 XRP today analysis 💎 Paradisers, it’s time to dive into an exciting opportunity with XRPUSDT! We are observing that, after a rejection from strong resistance, it’s regaining bullish momentum. 💎 Upon closer inspection, Ripple is adhering to a trend line as support and maintaining an upward trajectory. It’s highly probable that it will turn bullish after rejecting at 0.5140, or it could be from the bullish OB level or previous low at 0.5072. 💎 Another facet to ponder is, if it breaks the previous low, then a downtrend continuation is likely, and we are optimistic that the price can retest the strong support level once again. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long
by MyCryptoParadise_Simon
2
XRPUSDT - D1XRPUSDT D1 - 3rd wave pattern may be formed which is already at the beginning of the 5th wave on W1. When breaking through/fixing the level of 0.5575 with targets of 0.7771 - 0.9285 What can you expect? You can consider an entry from breaking through ( you can wait for it to fixing ) the level of 0.5575 in continuation of the upward movement - to the levels of 0.7771. Cancellation of the movement, the price will break through the level of 0.4555. Targets 0.6409 - 0.6938 - 0.7771
Long
by Trade_Hive_Signals
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders. Chart Analysis:- XRP was another big mover on Wednesday, as the price attempted to break out of a key resistance level. After Tuesday’s low at 0.5075, XRP/USD rallied to an intraday high of 0.5449 during today’s session. As a result of this surge, the world’s fifth-largest cryptocurrency briefly rose past a ceiling at 0.5400. Earlier gains have since edged lower, which comes as the RSI fell below a ceiling at the 62.00 mark. The index has since dropped further, and is now tracking at 56.57, and seems to be heading towards a floor of 51.00. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
XRP Entering New 39 Month Cycle. $800-$1000Many people talk about an XRP buyback, but I doubt the FED would ever want to do that when it's much easier to pump the price to $30 or $100 to get rid of everyone. 99% will sell off. They will then consolidate price to shake out any remaining holders, and the price will pump into $800-$1000. "Everyone is priced out forever living in regret," so don't live the rest of your life in regret. It's better to accept risk and live in remorse than living in regret. Hopefully this helps you navigate the new cycle were about to enter and gives you some food for thought! You got this! Thanks for reading. -Neverwishing
BITSTAMP:XRPUSD
by NeverWishing
30
XRP's Golden Cross: The Perfect Time to Ride the Wave! As you may have already noticed, XRP has been making some significant moves recently. But hold on tight, because things are about to get even more exhilarating! The much-anticipated golden cross has finally appeared on XRP's chart, signaling a potential breakout on the horizon. For those unfamiliar with the term, a golden cross represents a powerful bullish signal. It occurs when a shorter-term moving average (such as the 50-day MA) crosses above a longer-term moving average (like the 200-day MA). This event often suggests a shift in sentiment and can be a strong indicator of an upcoming price surge. Now, you might be wondering, "Is this the right time to long XRP?" Well, the golden cross certainly adds weight to the argument. It's essential to remember that technical indicators are just one piece of the puzzle, but they can provide valuable insights when combined with other factors. Considering XRP's recent positive momentum, the golden cross could be the catalyst that propels it to new heights. As traders, it's crucial to seize opportunities when they arise, and this might just be one of those moments. So, without further ado, we encourage you to carefully evaluate the current market conditions and consider a long position on XRP. Of course, always exercise caution and conduct your own thorough analysis before making any investment decisions. Remember, knowledge is power! As always, we're here to support you on your trading journey. If you have any questions, need further analysis, or simply want to share your thoughts, feel free to comment below.
by bryandowningqln
4
XRPUSDT - AnalysisXRPUSDT W1 - the 3rd wave reached the targets by levels, breaking through the level of 0.9285. From this level, the price was also able to correct by more than 50% - further developments may mean the beginning of the 5th wave with targets of 0.9285 - 1.9586. What can you expect? Movements to the upper maximum – with targets at 0.9285 with a possible continuation of the movement at 1.9586. In the near term we may see a move towards the 1.0328 target from these levels. Long position Targets – 0.6848 – 0.8280 – 1.0328. Long-term perspective – targets 1.0355 – 1.3447 – 1.9586.
Long
by Trade_Hive_Signals
2
Above 0.47, the upward trend is expected to continueHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XRPUSDT chart) If the price remains above 0.47, it is expected to continue its upward trend. (1W chart) If it rises above the 0.5136-0.5719 range, a full-fledged upward trend is expected to begin. However, it is important whether the price can be maintained by rising above the 0.4226-0.6369 range. I think an increase can be expected depending on how the price breaks above the previous box range of 0.65-1.7050. Accordingly, it is expected that whether support or resistance is received in the 0.9470-1.2455 range will emerge as an important issue. (1D chart) I think the 0.4917-0.7425 section is the mid-boundary section between the bottom section and the high point. It is supported in the 0.4799-0.5086 range and shows an upward trend. Accordingly, it is necessary to check whether it can rise above 0.5690. If that happens, we need to see if we can break upward through the next box range, the 0.6808-0.7799 range. If it receives support in the 0.7425-0.7799 range, it is expected that a full-fledged upward trend will begin. If it falls below 0.4917 and shows resistance, it is expected that the low will be renewed, so a countermeasure is needed. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
XRP - Failure as a CryptoCurrency ? Deep Thoughts 💭Hi Traders, Investors and Speculators of Charts📈📉 For those who have been following me here for a while, you'll know that I've always been a notorious fan of XRP. I used to be a true "believer", #xrparmy and the whole deal. Followed all the XRP pimps (such as BlockchainBacker ) on Twitter back when Twitter was still blue... but recently, I'm starting to develop some serious doubts about the fundamentals of this altcoin. And I'm going to level with you here. These are just my thoughts, and you are still entitled to your own opinions infact we encourage it. As a trader; I can't help but notice the unusual price action on XRP compared to other coins. Did you know that XRP is one of VERY FEW altcoins / cryptos that has been unable to reclaim it's ATH for years after? Even with the benefit of being one of the first titans in crypto. Other coins have long surpassed their ATH's. But XRP made one high, and never again. This speaks of weakness in terms of value. And that can no longer be ignored. The unfortunate truth about XRP is that the trading volume is low, and buyers are not keen to buy XRP due to it's ever increasing unpopularity. This directly creates weak support zones and strong resistance zones, as there is little confidence in the coin and bag holders are all waiting for the first best opportunity to sell. Short term traders would rather take losses than hold indefinitely. XRP has become more and more unpopular over the course of time because of it's "Pump and Dump" price action. The SEC case and the whole controversy about the Taco stand (founders holding millions and dumping on the market) also didn't help. Don't misunderstand. I will still trade XRP. The big difference in my approach, is the matter of accumulating. I've been accumulating XRP since about forever. And I have decided I will no longer accumulate. Instead, as soon as the price reaches higher than what I bought for, I will be looking to sell my bags. Considering this argument and the fact that I'm probably not alone in this approach, you can see from a trading perspective how dire this outlook is for support and resistance zones. This is a real pity and hits close to my heart. It's hard to let go of an ideology you've held and defended for years. I really believed in the promise of a coin for institutions, cross border settlements etc. But unfortunately, as a trader, it makes no sense to hold a coin for years, no matter what great promises were made by the creators of Ripple. The truth is, if I bought as much DOGE as I did XRP, my portfolio would have been up x100 compared to now. This is sad, considering that DOGE and many others, like PEPE, are meme coins and hold no real fundamental value. The fact that meme coins do better than a coin " created for banking and large institutions " is a shock. And here's where you have to ask yourself... was it really? 💭So, what's the trading plan from here for XRPUSDT ? If you must trade it... Buy low, sell high. I'll keep making updates on SHORT and NEAR TERM targets. But LONG term targets are too hard to speculate. Focus on technical indicators and trendlines alone to get price targets. No more fundamental-analysis "value" targets. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD
by CryptoCheck-
64