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XRPUSD trade ideas

XRP AND WHERE WE STAND 🔥 Hope everyone's been well! I've mainly been busy with work so haven't had the chance to post till now but again hope everyone has been alright and well! I'll be sure to keep this quick and concise. 🔥 Following up from our last idea we can see the turnaround from our Death cross with us having regained that 200 EMA. Here's a chart picture for reference from a couple days ago I took: 🔥 I highlighted those peaks to watch out for a breakout and that brings us now to today's chart: 🔥 I've added this blue dotted line to signify our resistance, if we get any breakouts or bullish runs watch that blue line for what'll be resistance no doubt, that being said if we can break it again I can see us breaking out of the 0.60 cent range soon enough with how things have been. 🔥 With the Fed Rate's Cut of 0.5 percentage points that's no doubt raised sentiments as of lately and the market's seemed to love it, especially crypto with Bitcoin leading the pack from it's low of roughly $54,000 in September to $64,000 signifying this bullish sentiment. 🔥 That being said the 200 EMA's are playing a huge role in things for technical traders so I'd keep an eye on that but we've got something else to note: 🔥 When we look at the big picture for the last month or two we see that we're in this sort of middle point, we've seen 0.45 to 0.66 cents in a relatively short period and we already see how dramatic the market can be, so do keep that in mind, whether or not we lose or keep that 200 EMA can help determine whether or not we can get a possible breakout or if we'll fail to sustain that pressure and retrace, reverse course. 🔥 I've got to run but wanted to put something out while I had the chance, overall even if we fall and retrace, things look bullish especially with XRPL development the future looks bright for XRP regardless of what the charts do, that's the biggest picture note I've got. 🔥 Thanks for tune in as always and wishing well till next! Have a great day and keep up all that you do! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
T minus two weeks to SEC appeal deadlineThe SEC has until October 7th to file an appeal in their securities case against Ripple. Some suspect the recent debut of the Grayscale XRP Trust suggests there won't be one. The XRP price has shown sensitivity to big dates in the case, and the SEC seems bent on pushing further action in new forms. Closure of the securities case itself though could be the catalyst that sets the XRP price free to climb. On the other hand, an appeal could last to a precipitous drop!
BINANCE:XRPUSDLong
by quickshiftinn
5
XRP after Price Prediction of $5XRP whales are bucking the trend with noticeable moves amidst a wider backdrop of uninspiring price movements for the cryptocurrency. A recent surge in XRP acquisitions has caught the crypto community’s attention, as large-scale investors acquired $228 million worth of the digital asset in a few days. Interestingly, this noticeable spike in buying comes on the heels of the launch of the Grayscale XRP Trust and an optimistic price prediction that sees XRP potentially hitting $5 in the next six to ten months. Whale Accumulation Increases Amidst Bullish Predictions This exciting movement by XRP whales was revealed through the crypto’s supply distribution on the social media platform X by Ali Martinez. According to the Santiment chart shared by the crypto analyst, wallets holding 10 million to 100 million XRP tokens recently pushed their total balance to a September peak of 7.17 billion XRP after adding about $288 million worth of XRP tokens in ten days. Based on the average price of the altcoin during this period, this equates to the acquisition of approximately 390 million tokens by this group of large holders, representing about 6.9% of the total circulating supply moving into the hands of a few key players. Although the total balance of the whales had dropped to about 7.11 billion XRP at the time of Martinez’s post, recent developments point to continued accumulation in the coming days. One of these developments is the recent launch of the Grayscale XRP Trust, which seems to be already attracting institutional investors to the token. However, despite this uptick in whale activity, XRP has not mirrored the price jumps in other major cryptocurrencies following a favorable U.S. Federal Reserve decision. The Federal Reserve’s 0.5% interest rate cut has fueled a broader inflow into the cryptocurrency market, propelling assets like Bitcoin and Ethereum to notable gains. In contrast, the price has struggled to break above the $0.60 mark, even with heightened whale activity. Crypto analyst Ash Crypto predicted that the altcoin could reach $5 in the next six to ten months. This forecast aligns with a wider backdrop of optimism within the crypto space, with multiple assets experiencing upward momentum as the effects of the Federal Reserve’s policy changes continue to ripple through markets. XRP $5 Prediction
KRAKEN:XRPUSDLong
by bkashjee
2
Feast your eyes on THE XRP MOON CHART!I've seen a metric ton of charts explaining why XRP is going to break out soon and run to new all-time highs, but I think this chart is the single most compelling chart of them all! This is the 3-month chart, and although it doesn't provide us with an accurate breakout date, it does present a solid pattern that has been exhibited in the current wedge formation numerous times. In the previous wedge, a drop below the trendline signaled a massive run up to the top trendline. From the previous wedge to the current wedge, and within that same wedge, each time the price dropped below the lower wedge trendline, it appreciated greatly, significantly piercing the top trendline area. The current 3-month candle has dropped below the current wedge trendline, signaling another period of significant price appreciation to come. Since the current candle is very near the end of the wedge, it will most likely be the final appreciation period of the current pattern, not only piercing the upper trendline but also appreciating to the point that it establishes the beginning of a whole new, much higher-priced wedge in the process. In the coming months, I believe there will come a point where XRP investors and spectators alike will all be picking their jaws up off the floor! If this plays out, it’s going to be incredible! Enjoy the ride! It’s not getting to the top of the mountain that counts; it’s the journey that got you there that you will remember! Good luck, and always use a stop loss!
BITSTAMP:XRPUSDLong
by MetaShackle
XRPUSD: Preparing for a major move. Will it be up or down?XRPUSD is dead neutral on its 1D technical outlook (RSI = 53.714, MACD = 0.06, ADX = 26.919) as it is consolidating over the 1D MA50 but at the top of the short term Triangle. This top is also near the LH trendline of the long term Descending Triangle pattern and has been acting as Resistance since July 13th 2023. A crossing over it will push it towards the R1 level, in which case we will aim for a new +70.60% rise (TP = 0.8500). The longer it fails to cross over the LH trendline though, the more likely it is to get rejected, at least on the short term back to the S1 level, so for now we keep a short on a tight (LH) SL targeting for the S1 level (TP = 0.5200). A quick look at the RSI fractals of the Descending Triangle is enough to see a similar pattern after each High. The current one though is more bullish than the rest as at this stage the others had already made a deep correction towards the S2 Zone but the current hasn't, potentially hinting to a breakout. This is why this is more likely to happen now than before. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSD
by InvestingScope
XRP primed for breakout after rate cutRisk assets are in the green today, notably the small cap Russel 2000 up over 2% and Bitcoin a whopping 6% against the Dollar. XRP has been consolidating across timeframes from the daily all the way through monthly and beyond. Back in 2021 Bitcoin and Ethereum were rallying whilst XRP was asleep at the wheel. Suddenly it almost tripled in just 2 days! Varying perspectives often draw attention to a 7 year triangle buildup that could provide explosive power this time.
BINANCE:XRPUSDLong
by quickshiftinn
Inital Lawsuit DEC 2020 vs PresentGot to thinking that there could be a case made for comparing the price action that happened post SEC lawsuit announcement, in Dec 2020, with the current one. If an appeal is made then one could assume the price action leading up to the announcement might be similar. You will never convince me, with the amount of money that can be made, that someone, likely a small group of people aren't privy to information like the SEC appeal, before the public. The capacity for abuse in such a situation is a certainty. With such foreknowledge then its just a question of from which situation would these individuals make more money. Appeal or no appeal.
BINANCE:XRPUSD
by AnalysisParalysis
XRPUSD we are trading above my all time trendline indicator and i've always said on my videos that i will bullish and we going to the moon when we trade above this trendline, but that would be really silly of me because the market is always move and forming different trends that need to be looked at and taken into consideration, to help us come up with the best probability course. xrp is looking good but at the same time still between two strong trendlines, so i'm still patient and buying when i can.
BITFINEX:XRPUSD
by Bongy-ggs