HelenP. I Ripple can make a movement up and then start to fallHi folks today I'm prepared for you XRPUSDT analytics. A not long time ago price bounced from the support area and fell below it. Some time Ripple traded below this zone and later bounced up, thereby back up, and at once made a correction to the support level which coincide with the support zone. After this price made an upward impulse, broke the resistance level rose to the resistance zone, and started to decline inside the downward channel. Inside the channel, the price traded between support and resistance lines, and on a last fell Ripple broke the 0.5000 level and fell to the support line. A few time ago price bounced from the support line and now trades close resistance level. And I think it can make a little movement to the resistance level and then bounce and start to decline to the support level. Therefore I set two targets, first - 0.4730 and second - 0.4500 which is located at the support level. If you like my analytics you may support me with your like/comment ❤️
XRPUSDT
Creating NFT's on XRP Ledger with SOLO 🎨Hi Traders, Investors and Speculators of Charts 📈📉
In the simplest terms, Non-Fungible Tokens (NFTs) are digital assets stored on a blockchain. Unlike traditional cryptocurrencies, which are often traded on decentralized exchanges, NFTs represent ownership of specific items such as digital art, in-game items, music, and even real-world assets like land or property. NFTs provide a new way to store value and participate in the digital economy. While still in the early stages of adoption, some NFTs have sold for millions of dollars.
How NFTs work:
NFTs are digital assets that allow for true ownership of digital items. They are created using blockchain technology, which provides a unique record of ownership and prevents counterfeiting. NFTs can represent various digital assets like digital art (JPG, GIFs, PNG), sound recordings, and collectibles. While the blockchain attached to an NFT is unique, the asset itself can be copied. This brings into question the value of NFTs, and creators should understand the market and their audience.
Benefits of NFTs:
👍NFTs offer unique and collectible digital assets with inherent rarity and value.
👍NFTs are resellable and tradable, allowing owners to sell or trade them with others.
👍NFTs can be easily authenticated and verified through blockchain technology, providing a transparent record of ownership.
👍NFTs can include smart contracts, which allow creators to receive royalties from every subsequent sale of the NFT.
Drawbacks and risks of NFTs:
😒The NFT market is volatile, and the value of NFTs can fluctuate quickly.
😒There's no guarantee that NFT art will sell right away, and it may take time to build interest and find buyers.
😒NFTs can be a confusing concept for many people, limiting their adoption and investment potential.
😒The environmental impact of minting and trading NFTs, resulting in large carbon footprints, is a concern for some.
😒The images of NFTs can still be copied, even though the blockchain technology attached to them is unique.
Steps to create and sell NFT art:
😎Decide on a concept for your art and research trending NFT art styles.
😎Choose a blockchain technology for creating and developing your NFT.
😎Set up a digital wallet, which is like a bank account for cryptocurrency and stores your public and private keys.
😎Select an NFT marketplace that supports your chosen blockchain.
😎Promote your NFT through various channels such as a website, social media, blogs, online communities, and collaborations.
😎Upload and mint your art token on the chosen marketplace, paying a gas fee for transaction processing.
😎Price your token based on research and associated costs, and list it for sale on the marketplace.
Note that this is not a paid shill or endorsement, relating to the topic above of minting NFT's on XRP, Sologenic is a great option. Sologenic disrupts the asset trading industry by offering a decentralized ecosystem for Tokenized Securities, Crypto Assets, and NFTs. The Sologenic Development Foundation consists of independent developers dedicated to maintaining, expanding, and building the Sologenic ecosystem. Sologenic.com serves as the primary use-case for the Sologenic Ecosystem, providing on-demand tokenization of various assets, including Stocks and ETFs. There's also the mobile app for convenience and wallet creation.
Sologenic, the pioneering NFT marketplace built on the XRP Ledger, has received a grant from XRPL Grants. This grant program selects open-source projects that contribute to the growth of the XRP Ledger community. The approval came shortly after the successful launch of the Sologenic NFT Marketplace in January 2022. Sologenic's vision aligns with XRP's goal of revolutionizing decentralized finance (DeFi) by offering decentralized and borderless access to financial products and services while prioritizing security and performance. By leveraging the XRP Ledger's fast and efficient consensus algorithm, Sologenic aims to provide an intuitive and cost-effective platform for NFT trading.
The recent introduction of the NFT-Devnet unveiled the capabilities of the new XLS-20d technology, which enables native support for NFTs. Sologenic announced that once the technology becomes available on the Mainnet, a seamless migration of NFTs minted under the current XLS-14/SOLO methodology to the new format will be supported, preserving the history of each NFT.
Operating within the same ecosystem as the Sologenic DEX, a decentralized exchange for cryptocurrencies such as XRP, SOLO, and upcoming Tokenized Assets, the NFT Marketplace offers a user-friendly interface for both newcomers and experienced traders. Sologenic aims to bridge the gap between traditional trading and NFTs, empowering users to have full control over their digital assets through their preferred private wallets.
Within its first week of operation, the Sologenic NFT Marketplace witnessed the sale of 4,300 NFTs, prompting the introduction of new features. The team has implemented profile and collection verification protocols to enhance user security within the decentralized ecosystem.
Noting that this is BULLISH for the price of XRPUSDT, as it increases adoption and market cap.
SOLOUSDT has recently released and the price is dirt cheap. It looks like most of the hype and airdrop sales are over, I'd be looking to start accumulation from now onwards (even though I expect the price to drop more, so it will be spot definitely not leverage). I am EXTREMELY bullish on SOLO due to the revolutionary nature of their products including minting on XRP and stock market trading options.
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XRP's Rainy Forecast in the Crypto Market - What's Next? 🌧️The global crypto market faces sunny conditions with a few clouds 🌤️ in the next 24 hours and over a one-week horizon, signaling a slightly bullish market with upside potential. The market is boosted by reports of a second filing of an exchange traded fund in the US 📈, which would boost demand for Bitcoin if approved by the US regulator.
XRP bucks this positive trend, with rainy conditions 🌧️ ahead both today and over a one-week horizon, indicating a downward trend. The XRP community is still awaiting an indicative court ruling in the US ⚖️ which has the potential to impact the entire US crypto sphere. 💼🌍
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✴️ XRP Short-Term (Volume) | What If The SEC Wins?Good evening ladies and gentleman, it is my pleasure to be allowed to entertain you today.
This is the short-term chart for XRPUSDT, 1H and what do we have here?
Notice the volume how it is low as prices move higher, slowly surely, creeping higher yet no resistance and thus low volume.
Notice how the volume increases on the drops/lows, buyers coming in, they want some more.
After the low 16-June we have a rising channel which doesn't mean much because this is short-term but, the bulls continue in control, dominance of this chart with new support levels being established along the way.
There is so much positivity about Ripple winning, so much support from the community, Crypto community which is great but what happens if instead of a win we get a loss?
Have you contemplated this scenario?
All hell breaks loose... Cryptocurrencies become the new anthrax, instead of companies now people are being attacked, anybody who has an app on their phones to either send or receive cryptos becomes a terrorist and needs to be shot or jailed on sight...
Life sentence for those buying Shiba Inu, Floki Inu, Pepe, Doge or anything that isn't owned by some multi-billion dollar Wall street and Government supported firm... "Omg, they have an icon with a dog on their phone, it is illegal, shoot!"
I am just kidding of course but if the SEC win, expect to see them attacking people next and who knows how far they will go.
One thing is certain, they love power and control.
Let the people innovate... It is big and beautiful world.
Namaste.
"XRP: Is This the End? Brace Yourself for a Potential Downfall!"💎 Paradisers, get ready for some thrilling updates in the XRP universe. Here's the inside track:
💎 Triangle Pattern: XRP has been consolidating within a symmetrical triangle pattern, signaling a period of indecision in the market. Traders and investors have been closely monitoring this pattern for a potential breakout.
💎 Bearish Breakout: All eyes are on XRP as it approaches the apex of the triangle. If the cryptocurrency gives a breakout in the downward direction, breaching the support level and encountering resistance from the demand zone, it could set the stage for a bearish movement.
💎 Downward Pressure: XRP's current positioning suggests that selling pressure is mounting, with traders looking for opportunities to capitalize on a potential downward trend. Caution is advised for those holding long positions in anticipation of the breakout.
💎 Technical Indicators: Various technical indicators, such as volume analysis and momentum oscillators, are aligning with the possibility of a bearish breakout. These indicators are being closely watched by market participants for confirmation of the expected price movement.
💎 Trading Strategy: Traders with a bearish outlook might consider entering short positions if XRP confirms the breakout and maintains a sustained downward momentum. Proper risk management and stop-loss orders are essential to mitigate potential losses.
💎 Remember, the cryptocurrency market is highly volatile, and price movements can be unpredictable. Stay tuned for further updates as XRP's price action unfolds, and be prepared for the potential bearish momentum that could follow a downward breakout from the triangle pattern.
XRP BIG MOMENTXRP has now had 4 daily candles close above the fair value gap. LTFs this is seen as the only area that was not filled during the last impulse wave. This is also the third time touching the bottom trend line. Although, the top trend line only has 2 touches, meaning there needs to be a third touch before anything else happens. XRP has also had a change of character, breaking the high made on April 29th and coming back down to retest it.
.45 to .55 is a range where there are large voids above and below. Once .55 breaks and holds .70 will be easy. Re evaluation will come in at those prices. After that is where things will get real fun.
Higher lows are still continuing to form, as well as higher highs. Although previous high was market as a double top, which there is always there is liquidity right above this level, and usually stands as a local high, soon to be broken.
✴️ XRP | Higher Low, Starts Recovery?We have higher lows long-term for XRP, since June 2022, but looking at the short-term we also see higher lows all the time.
We are likely witnessing a new higher low 16-June with the session ending as a hammer and today a full green candle, which would work as confirmation.
The RSI is ready to move back above 50.
We have an important day this Monday.
Can we see a bullish continuation or a breakdown of support?
The charts are bullish and pointing up.
We expect additional growth.
Any swings, volatility and shakeouts in the short-term can be ignored and considered noise.
Focus on the long-term.
Namaste.
Ripple can make a little correction and then continue to growHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see that price, after the buyer zone, bounced up and made a strong upward impulse to the seller zone, which coincide with the resistance level. But in the seller zone, Ripple couldn't fix, and a few corrections later, the price bounced up and made a fake breakout, after which it fell to the support line which coincide with the support level. Later Ripple bounced up from the support line to the resistance line and even a not long time ago broke it. Also recently price made a retest and now continues to grow. I think Ripple can make a little correction to 0.4830 and then bounce up to the resistance level. For this case, I set up my first target at the 0.5050 level and second - at the 0.5300 resistance level. Please share this idea with your friends and click Boost 🚀
XRP: Pullback in UptrendRipple (XRP) technical analysis:
Trade setup : A rare asset that remains in an Uptrend. Following a bullish breakout from Channel Down, above $0.45, which could signal resumption of Uptrend, price has reached our target estimate of $0.55. Now we wait for price to either 1) break above $0.55 resistance to signal Uptrend continuation, or 2) pull back near $0.45 support for a swing entry opportunity.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.45 (previous resistance), then $0.40. The nearest Resistance Zone is $0.55, then $0.60.
RIPPLE - Price can bounce of support line and exit from pennantHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few days ago price bounced up from support area and made upward impulse to resistance area, thereby breaking two resistance levels.
Next, Ripple tried to fix in resistance area and continue to grow, but after fake breakout up price bounced and started to decline.
Also, price entered to pennant, in which Ripple broke support level and fell to support area again.
But recently price bounced up from support area and now trades close support line of pennant.
I think Ripple can make correction to this line and then bounce up, break resistance line, and continue to grow to $0.5035 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP/USDT 1DInterval ReviewI invite you to review the XRP chart this time taking into account the one-day interval. As we can see, the price has moved down from the uptrend line.
Now let's move on to marking the support places for the price and we see that the first very strong support that currently holds the price is at $0.45, however, if the price goes lower, the next support is at $0.42, and then the third support at 0 $39.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see first resistance at $0.49, then second resistance at $0.51, third resistance at $0.53, then fourth very strong resistance at $0.55.
The CHOP index indicates that we have a lot of energy for the upcoming move, the MACD indicates a return to the downtrend, while the RSI shows a rebound to the lower part of the range, which creates room for future increases.
🅱️ Bitcoin, The Stock Market (SPX, NDX, DJI), USDT.D & AltcoinsI like to browse through charts between different markets in the search for confirmations and correlations.
One of my favorite types of confirmations is Bitcoin and the Stock Market.
We know that these have been moving together but Bitcoin is leading the way.
While the SPX is still below its August 2022 high, Bitcoin already broke that price...
Let's have a closer look:
💾 SPX Closes On Strong Bullish Bias +Bitcoin & Bank Crisis
Notice how in the chart above the SPX bounces exactly in mid-March.
On Friday it closed full green with a 10-months high.
The RSI is really strong and all looks good.
If the correlation continues then we are set to start this week green.
Unless the SPX and the rest of the charts I will show you below crash on Monday.
Then we have the Nasdaq, it is the same situation.
Bitcoin has been consolidating but the NDX went ahead.
This alerted me of the SPX moving forward and the rest of the markets as well... See the chart:
💾 Nasdaq Went Ahead | Next Target Above 15,555
The NDX hit a more than a year long high when it peaked around its April 2022 resistance.
Not actually peaked, this is a new bullish breakout just taking place.
The week closed full green.
I am thinking that Bitcoin is set to follow unless the NDX crashes on Monday but so far it looks good.
The DJI stood behind.
While it is trading below its August 2022 high this level has been challenged continually and we know that it will follow the other two indexes, they always move together.
Last week closed full green above EMA10 and EMA21.
See the chart:
💾 DJI
Then we have the inverse correlation with Tether Dominance, USDT.D and this one is a bit more tricky because of the mixed signals.
First, the chart:
Favoring the Bitcoin bulls, we have more than a year of lower highs and what seems like a distribution phase, volume dropping since May 2021, two years.
Weaker signals in favor of the Bitcoin bears is the fact that the weekly session is still trading above EMA10 and EMA21.
We also have the Altcoins that we can use.
What one does, the rest follows; that's one for the bulls.
We also have some smaller pairs and ALTSBTC pairs growing, something not seen when in a bearish phase.
Look at XRPUSDT, it went ahead: ✴️ Ripple's XRP Inverse Head & Shoulders Confirms Higher Low
Litecoin is on a similar situation.
We have pairs such as ChainLink and EOS whom went through a full correction and this is kind of mixed.
If what one does the rest follows, it can mean that Bitcoin is yet to go through this huge correction or that these pairs being weaker dropped more than the stronger ones.
When we take all the signals in consideration, the bulls are on top.
Of course, this doesn't mean anything if you are looking at the short-term... When focusing on the bigger picture, Bitcoin is set to continue growing, higher highs and higher lows in the weeks and months ahead!
Thank you for reading.
I am wishing you a lovely Sunday... Or Monday if you read this after today.
Namaste.
BTC, BNB - Bearish Conditions🐻 Sunnier Outlook for ADA ☀️The global crypto market faces cloudy conditions over the coming 24 hours, signaling a slightly bearish market with downside risk for Bitcoin and Binance after the Fed hinted at further rate hikes and the ongoing lawsuits from the US regulator weigh on the crypto universe. Trading signals for Ether indicate rain ☔️, meaning that a market rebound is likely over the one-day horizon.
Over a one-week horizon, sunnier conditions ☀️ lie ahead for Bitcoin, Binance, and Cardano where a slightly bullish market with upside potential is seen. Ether and XRP face less favorable weather, with clouds ☁️ and rain ☔️ ahead, signaling a slightly bearish market with downside risk.
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