RIPPLE - Price can make correction and then bounce up to $0.5350Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently, price bounced from resistance area to $0.5100 points, thereby breaking $0.5200 resistance level.
But then it bounced back and even rose to $0.5450 points, where price started to decline and fell to resistance level.
Then price broke this level, entered flat, and fell to $0.4865 support level, which coincides with support area.
After flat, Ripple declined lower of $0.4865 level, where later it started to grow inside rising channel.
In channel price backed up higher than support level and at the moment, it continues to trade in channel near support line.
I think Ripple can fall to support line and then bounce up to $0.5350 resistance line of channel, breaking $0.5200 level.
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XRPUSDT
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, formerly Ripple, was a notable gainer in today’s session, as the token raced to a multi-week high.
Following a low of 0.5092 on Tuesday, XRP/USD raced to an intraday peak at 0.5233 earlier in the day.
As a result of the surge in price, XRP climbed to its highest point since August 31, when the price peaked at 0.5285.
the move came as the relative strength index (RSI) broke free of a ceiling at 48.00.
At the time of writing, the index is tracking at 50.66, with bulls possibly targeting a ceiling at 58.00.
In the event traders reach this target, there is a strong chance XRP will move above 0.5500.
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Ripple can break resistance level and then continue to riseHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few days ago declined below the 0.5175 resistance level, which coincide with the seller zone, but soon it rebounded up to the resistance line of tringle, and then the price started to decline. Ripple declined to the support line, which coincided with the 0.4865 support level, and at once started to rise to the resistance line. After the price reached the resistance line, it bounced and made a strong downward impulse to lower the 0.4865 level to 0.4600 points. But then Ripple started to move up inside the upward channel, where it rose higher of the support level, which coincided with the buyer zone and reached the resistance line of the channel. Then the price made a correction to the support line and later made an upward impulse to the resistance line, breaking the 0.5175 resistance level, but some time ago Ripple declined below this level, where it continues to trade now. In my mind, the price can break the resistance level again and then make retest. Also, Ripple can continue to move up to the resistance line of the channel. For this case, I set up my target at the 0.5325 level. Please share this idea with your friends and click Boost 🚀
Significance of the interval 0.7788-0.8253Hello?
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(XRPUSDT chart)
XRP cannot be seen as expanding the coin ecosystem.
However, since the number of users is quite large, there is a need to be interested.
It is showing a large uptrend as it breaks above the volume profile section around 0.6070.
For uptrend-based Fibonacci ratios, the 0.7788-0.8253 zone is an important support and resistance zone.
Therefore, it is necessary to check whether it can be supported in the 0.7788-0.8253 range.
A break above the 1.0351-1.0409 zone is expected to resume the uptrend.
If this is not the case and it declines, you should check for support near 0.5455-0.6070.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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XRP/USDT 4H Review ChartHello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line.
After unfolding the trend based fib extension grid, we see that first we have a support zone from $0.49 to $0.48, and then we have a second zone from $0.46 to $0.44.
Looking the other way, we can see that the price has broken out of strong resistance and is struggling to maintain its position, while we still have resistance at $0.53, and then strong resistance at $0.58.
Looking at the CHOP indicator, we see that there is still energy to continue the movement, while the RSI shows a visible increase, but there is some room for the price to go slightly higher.
Still on the Verge...XVG - Verge Currency is setting up nicely for what could be a very big bounce. Watch Sept 22nd through the 23rd.
XRP/usdt SeptemberI am pretty certain XRP is heading towards 0.60 mark, this could take 1-2 weeks or a month.
But on the way I will be taking small positions both up & down...
My analysis is as below,
( Note that these are all my assumptions and not facts )
- as of today or tomorrow, XRP should drop to around 0.475, it may drop further.
- after the drop it should start a bullish movement heading towards 0.4980 as the first target and 0.53 as the second target.
Please do your own analysis before taking risks.
HelenP. I Ripple can bounce from support level and continue riseHi folks today I'm prepared for you Ripple analytics. A short time ago price declined to the support zone, which coincided with the 0.4970 support level, but at once rebounded up and started to trade near. Later, the price declined to the 0.4970 level and then tried to rise, but failed and made a strong impulse down lower of two support levels - 0.4970 and 0.4750, thereby breaking them. After this movement, the price entered to upward channel, in which Ripple rose to support 2, which is located inside the support zone, and in a short time broke this level and continued to rise to the next support level. A few moments ago, the price reached support 1, broke it and grew to the resistance line of the channel. But recently Ripple rebounded from this line and fell to the support zone, where it continues to trade to this day. I expect that the price can make a correction to the support level and then rebound and continue to rise inside the upward channel. For this case, I set my target at the 0.5120 level. If you like my analytics you may support me with your like/comment ❤️
XRP/USDT 1DAY UPDATE !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Detailed examination reveals a multi-week consolidation phase that unfolded after a bullish bounce above the 200-day MA in mid-August. Ripple price saw minor volatility during this consolidation period, remaining close to the 200-day moving average, at around $0.51.
However, the scale tilted in favor of sellers as supply outstripped demand, leading to increased selling pressure and, as a result, a drop below the 200-day moving average. This MA is generally considered an important level of support or resistance, and its violation underlines the prevalence of bearish sentiment in the market, with the potential for further downside.
While a slight upward retracement, creating a pullback towards the broken MA remains a possibility, the overall outlook for Ripple is bearish, with the next likely destination being the critical support area at $0.42. Therefore, the upcoming price action is extremely important, as it could potentially determine the path forward for Ripple.
I have tried to bring the best possible outcome to this chart.
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XRP Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for XRP Bitcoin is $20.38.
Looking forward to read your opinion about it.
XRPUSDTThis is a 1D frame analysis for XRPUSDT As we can see, the price can form a rising pattern, but only if it can break through the first resistance line and we have seen signs of a market reversal, we can anticipate a market reversal and if the price holds below the first support line, it can move towards the second support line. However, if it can break through the first resistance line, we can consider a market reversal and an upward trend.
RIPPLE - Price can bounce from resistance area and start to fallHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
After price declined to support line of wedge, it bounced up to resistance line, thereby breaking $0.5400 level.
But soon it declined below, making fake breakout, and later price fell to support line of wedge.
Then Ripple bounced up to resistance line, and started to decline to $0.4925 level, which coincided with resistance area.
Also, price exited from wedge and entered to rising channel, where Ripple rose to resistance line and then started to fall.
Recently price made downward impulse from channel to lower $0.4925 level, thereby breaking it and exiting of channel.
But now price trades close resistance area and I think Ripple can bounce from this area to $0.4600
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Ripple can break resistance level and continue grow to 0.5250Hello traders, I want share with you my opinion about Ripple. By observing the chart, we can see that the price some time ago rebounded down from the resistance line of the triangle and made a strong downward impulse to the support line, thereby breaking the 0.4860 resistance level, which coincides with the resistance area. But soon, the price bounced up and in a short time back up higher this level and then started to decline to support line again. After Ripple reached this line, it rose to the resistance line and then rolled down below the support line, thereby exiting from the triangle and also entering to range. Inside range, the price trades close to the resistance area, but a few moments ago it continued to fall and soon exited of range and broke the 0.4860 level too. At the moment, the price trades near the resistance level and I think that Ripple can rise to this level and try to break it. If the price breaks this level, Ripple can make a retest and then continue to move up, therefore I set up my target at the 0.5250 level. Please share this idea with your friends and click Boost 🚀
Back to the square oneNearly a month ago, federal judge Analisa Torres ruled in favor of Ripple Labs in its case against the U.S. Securities and Exchange Commission. The decision was quickly followed by bullish price action, and XRP rose almost to $1, with many investors claiming this to be only a beginning of a roaring bull market. However, fast forward to today, and XRP still has not managed to break the $1 mark. Instead, the token lost more than a third of its value following the initial spike right after the judge’s ruling. Furthermore, as if it was not enough, the SEC signaled this week that it would appeal the ruling, setting a step back for the victory. As a result, we think this might put a lid on the XRP’s price and lead to increased volatility, with the prospect of XRP falling lower as another round of legal battle drags on.
Illustration 1.01
Illustration 1.01 shows the daily chart of MACD that is approaching the midpoint. If it breaks below it, it will be bearish for XRP in the short term.
Technical analysis
Daily time frame = Slightly bearish
Weekly time frame = Bullish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Does Ripple Refuel?With the fall that happened in the market yesterday, Ripple seems to have not lost its decision to grow and has the possibility of climbing to the range of 90 cents.
In the time frame of 15 minutes, the price is fluctuating above a price block, which is likely to fill it as a market value gap and then start its growth.
It is possible that the price will drop to the range of 43 cents and then rise to 90 cents.
XRP/USDT 3DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP has been consolidating around 50 cents for a while now and closed the week with a minor loss of 1.7%. This cryptocurrency has strong support at 47 cents, which is not far from the current price. If sellers return, then this level could be tested again, similar to mid-August.
The resistance is at 56 cents, and so far, buyers have not been able to test this level. This lack of strength on the buy side could continue for some time as the overall price action remains bearish.
XRP appears to want to hold around 50 cents, which is a key psychological level. The current flat trend seems likely to persist, and so long the price does not lose its support at 47 cents, a recovery could follow once the consolidation ends.
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