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Xrpusdtshort

XRP sees outflows, bear trend prevails: analysisOn December 4, XRP exchange outflow was 980.65 million. As of now, it has decreased to 44.17 million, indicating a difference of 936.48 million. This metric tracks the number of tokens taken out of exchanges. Considering XRP’s current price is around $2.33, the exchange outflow between yesterday and the time of writing is worth $2 billion. Given the stated conditions, if the outflow continues to fall, XRP’s price might do the same. On the daily chart, XRP has flashed three consecutive red candlesticks, indicating selling pressure on the altcoin. A further look at the chart shows that the trading volume of the cryptocurrency has decreased. In short, a ton of the volume confirms that there has been more selling than buying. Should this continue, then XRP’s price might continue to fall. If validated and XRP exchange outflow declines, the value might drop to $1.90. In a highly bearish scenario, the altcoin could drop to $1.46. However, this trend might change if the exchange outflow increases again. In that case, the price could bounce to $2.90.
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by paul_endeo
XRP Price prediction (Invert scale)1. Log Scale: Using a log scale can help visualize price changes more effectively, especially for assets with high volatility like XRP. It makes percentage changes clearer and can help identify trends over time. 2. Line Chart: A line chart can provide a smoother view of price movements, making it easier to see overall trends without the noise of price fluctuations seen in candlestick charts. 3. Invert Chart: Inverting the chart can offer a different perspective on price movements, allowing for potential insights into future price behavior based on historical patterns. 4. Trend Line: Drawing trend lines can help identify key support and resistance levels by connecting significant highs or lows, providing a visual tool for predicting future movements. 5. Support Line: If you're predicting XRP may reach around $0.04, it could be useful to analyze past support levels and market conditions that led to similar price points to validate this expectation.
BITSTAMP:XRPUSDShort
by Legolas_KR
2
XRP Price prediction (Invert scale)1. Log Scale: Using a log scale can help visualize price changes more effectively, especially for assets with high volatility like XRP. It makes percentage changes clearer and can help identify trends over time. 2. Line Chart: A line chart can provide a smoother view of price movements, making it easier to see overall trends without the noise of price fluctuations seen in candlestick charts. 3. Invert Chart: Inverting the chart can offer a different perspective on price movements, allowing for potential insights into future price behavior based on historical patterns. 4. Trend Line: Drawing trend lines can help identify key support and resistance levels by connecting significant highs or lows, providing a visual tool for predicting future movements. 5. Support Line: If you're predicting XRP may reach around $0.04, it could be useful to analyze past support levels and market conditions that led to similar price points to validate this expectation.
BITSTAMP:XRPUSDShort
by Legolas_KR
1
XRPUSDT SHORT 15M TF🚀The Atom Signals Trading View Indicator is a sophisticated tool designed for traders seeking to enhance their market analysis and trading strategies. Developed with the intention of providing clear and actionable signals, this indicator leverages a blend of technical analysis techniques to identify potential entry and exit points in the market. It aims to simplify the decision-making process by offering visual cues and alerts, which can be particularly valuable for both novice and experienced traders.🤖 🚀Key features of the Atom Signals Indicator include its adaptability to various trading styles—whether you're a day trader, swing trader, or long-term investor. By incorporating elements like trend detection, momentum analysis, and support/resistance levels, it provides a comprehensive overview of market conditions. This versatility makes it a useful addition to any trader's toolkit, regardless of the asset class they are focusing on, be it stocks, forex, cryptocurrencies, or commodities.🤖 🚀With its user-friendly interface on Trading View, the Atom Signals Indicator is accessible to traders of all experience levels. It not only aids in identifying trading opportunities but also assists in managing risk by highlighting potential reversals or consolidations. Whether you're looking to fine-tune your strategy or gain a fresh perspective on market movements, the Atom Signals Trading View Indicator offers a valuable resource for informed decision-making in the fast-paced world of trading.🤖 Based on the indicator we predict as shown in the charts. You can check the indicator for free. Go to our links. 🚀Good Luck!
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by Atom_Indicator
XRP: Chris Larsen Wallet Hack... or STAGED Dump?📉Hi Traders, Investors and Speculators of Charts📈 Yesterday, news came out that a huge XRP wallet has been hacked, stealing $112 million worth of XRP. According to information currently available, the hack was as a result of compromised security keys. It turned out to be the wallet of none other than tech-giant Chris Larsen, Ripple Co-founder. (suspicious already?🤔 let's dive in...) One of many strange incidents surrounding this hack is that it was discovered by a Twitter user and popular blockchain security expert ZachXBT. I imagined that one would notice if your personal accounting holding 9 digits of XRP worth $112 million got hacked, but apparently not. It took ZachXBT a public Twitter post to make the apparently unaware team at Ripple take action. This makes you wonder, if ZachXBT didn't pick it up... would this have gone unnoticed and been swept under the rug, or would Chris Larsen have come out and admitted it? I guess we'll never know. But with Ripple's dodgy actions in the past (ultimately leading to the SEC case), one can only guess. Not too long ago, Jed McCaleb finally sold off the last of his enormous amount of XRP which he had been dumping monthly for years. One Twitter user voiced a very valid concern; "are all Ripple execs holding 9 digits of xrp, is there something in place to prevent them from dumping all at once on the market?" It just seems like despite the markets best bullish trends, the constant overwhelming selling pressure is just too high for XRP to reach new highs. It's sad to see such a industry leader and once-promising project fall to new lows. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPUSDT.P
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by CryptoCheck-
7
XRPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Targets: 0.55 - 0.41 and maybe 0.35 after first target reached move ur stop to breakeven cancellation of scenario - consolidation above 0.9 ALWAYS follow ur RM . DYOR! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
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by trytofeelpositive
9
XRP : Forever the Pump-and-Dump coin?Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and XRPUSDT is currently trading right on top of the 0,50c support zone. Unfortunately no buyers are showing up on lower timeframes and the technical indicator flashes a clear SELL in the weekly, meaning more downside is to be expected. More downside seems highly likely with 45c being the next immediate support zone. It seems that the SEC victory-increase was short lived and that definitely does raise some concern for the fundamental arguments of XRP. Unlike ETH and BTC, XRP has been unable to regain highs and consistently trades lower as if there is an endless supply of sellers. While there is persistent and obvious growth on other early giants like Bitcoin and Ethereum, XRP remains the "pump and dump" coin. _______________________ 📢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
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by CryptoCheck-
38
(XRPUSD) : Broken Daily Uptrend Hey guys, I hope you're all doing well. For XRP, the main thing that is obvious and can show the possibility of a fall in price is the weekly downtrend (attached on the chart). So it can show me the destination of the price for a much longer time. Another reason is the respect of the price in the resistance area (2 times, between 0.54 and 0.55 areas). In my opinion, the price will fall step by step until it reaches the 0.31 or 0.30 area. May you all be PROFITABLE,
BINANCE:XRPUSDShort
by AmirHonardoust
7
XRP , TP is between 2.1 to 2.2$ !XRP seems stronger than ever, and we may be in the beginning of wave four. Therefore, the price decline in wave four should end between 0.57 and 0.59 cents. If it stabilizes at these prices, we can say that the decline is a 38.2% Fibonacci retracement. The price growth and the start of wave five will be here, and wave five will be as long as wave three, with a target between $2.2 and $2.1. The time to reach the suggested prices: The price of 0.85 will be around late June 2024, and the price of $2.1 will be around December 2024. Please note that the dates are approximate and not exact. The analysis method: The analysis is based on Elliott waves, Gann fan, Fibonacci, and Ichimoku.
by khosrooparviz
7
SasanSeifi 💁‍♂️XRP👉1D 🔻 0.42 / 0.38 The price faced selling pressure and is currently fluctuating in the price range of 0.48. I expect the price after a slight fluctuation and an upward movement after collecting liquidity again from the FVG price range of 0.50 in case of SELL confirmation, we will see further correction of the price to the support range of 0.42/0.38. Possible trends are also identified. The important resistance range in daily time is 0.50 ❎ (DYOR)...⚠️⚜️ What do you think about this analysis? I will be glad to know your idea 🙂✌️ IF you like my analysis please LIKE and comment 🙏✌️
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by SasanSeifi
HelenP. I Ripple may continue to fall and break supportHi folks today I'm prepared for you RIPPLE analytics. After retesting the resistance zone 0.4820-0.4870, the price started to decline and broke through support at level 0.4710. Heaving a slight upward correction, Ripple re-tested the current resistance and continued the local downtrend. Subsequently, the price dropped to mark 0.4100, from which it rebounded and increased. Ripple trading below the 0.4415 level for a while, and after re-testing the trend line, the price formed an upward impulse and broke through it. Ripple rose to resistance at level 0.4710, again tested it and declined. Recently, the price made an upward correction and continued to fall. Ripple may continue the local downtrend and break through support. Therefore, the goals will be set at levels 0.4415 and 0.4265, which corresponds to the trend line. If you like my analytics you may support me with your like/comment ❤️
by FirstNameHelen
10
XRP what will happen to Ripple?IT'S NOT FINANCIAL ADVICE SO JUST READ AND THINK ABOUT IT. IS THIS REASONABLE OR NOT ?!!! ********************************************** Hi Guys what's up? I try to explain simply it's a new day and I want to dedicate to you a new analysis of #XRP as you see we have a parallel channel and the price reacts to this channel line whenever the price touches it. so, we expect that the price touch the channel line in the RED circle. That's all. please SHARE this analysis with your friends and write below what you think. Are you agree with me? by the way, the next analysis is about GOLD SO DON'T FORGET TO SHARE AND WRITE YOUR COMMENTS.
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by ho3einmnd