XRP longXRP bounced off the descending trendline. Asset bounced off the support level. Bullish movement to resistance level at 0.5555 is expected to happen.
XRPUSDT.P trade ideas
More BAD NEWS for XRP !!BINANCE:XRPUSDT & BINANCE:XRPBTC
The price has lost a long-standing trendline which acted as support, a bearish sign for the foreseeable future (until we can reclaim daily candles above):
XRPBTC is about to head for previous lows, during which time the price of XRP was 0.23c:
This further supports my suspicion that XRP may be heading back to the 0.20s, as seen here:
It is, however, important to note that each time the XRPBTC hits the bottom of a triangular consolidation, there is a small increase in the price. This could mean that we see another leg up before dropping lower:
as you can see from the chart, we are now nearly back at XRPBTC level's that lead to the previous parabolic pump. Will this time be the same? I don't think so. XRP has been showing extreme weakness. However, it never hurts as a small part of a diversified portfolio... just for incase.
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XRP Bullish after 3 YearsXRP in consolidation. Once its breakout we may take entry for long.
For longer period investment you can buy some XRP now.
XRP YEARS OF DESCENDING TRIANGLES. .75 next 2 weeks XRP has been endlessly repeating the same formation since 2022. Offering many oppurtunites to capitalize on the break ups. Usually within on massive dump seen in the majority of the last few marking bottoms and ideal entry for the next move. I think we see minimum .75 to .95 within the next 1 to 3 weeks.
Will XRP rebound from the lower border of the channel?Hello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. Let's start by defining, using white lines, a sideways trend channel in which the price moves at its lower border.
Let's start by determining the support and as you can see, first of all, as support, we have a support zone from $0.50 to $0.45, when the price drops below this zone, the next support is at $0.37, and then support at the price of 0.32 $.
Looking the other way, we can see a resistance line at $0.58, then at $0.62, the third resistance at the upper border of the channel at $0.69, and then we can see an increase to around $0.84.
When we turn on the EMA Cross 50 and 200 indicator, we can see how the yellow line tries to cross the blue line at the bottom, which would indicate entering an upward trend.
XRP Opportunity ### What is XRP?
XRP is the native cryptocurrency of the Ripple network, designed primarily for facilitating fast and low-cost international money transfers. Ripple Labs, the company behind XRP, aims to enable secure, instant, and nearly free global financial transactions of any size with no chargebacks.
### Key Features of the XRP Network
1. **Cross-Border Payments**: XRP facilitates quick and cost-effective cross-border payments, often settling transactions in just a few seconds.
2. **Liquidity Provider**: XRP acts as a bridge currency in liquidity pools, enabling easier conversion between different fiat currencies.
3. **Decentralized Exchange (DEX)**: The Ripple network has a built-in decentralized exchange where users can trade XRP and other tokens issued on the ledger.
4. **Ripple Protocol Consensus Algorithm (RPCA)**: Instead of using Proof of Work (PoW) or Proof of Stake (PoS), Ripple uses the RPCA, which ensures faster transactions and lower energy consumption.
5. **Scalability**: Ripple can handle around 1,500 transactions per second, making it one of the most scalable blockchain networks available.
### Future Abilities and Developments
1. **Increased Adoption by Financial Institutions**: Ripple aims to partner with more banks and financial institutions to increase the adoption of its payment solutions.
2. **Integration with Central Bank Digital Currencies (CBDCs)**: Developing frameworks and partnerships to facilitate the use of XRP in CBDC ecosystems.
3. **Regulatory Clarity**: Working towards clearer regulatory guidelines to ensure broader acceptance and compliance.
4. **Expanded Use Cases**: Exploring new applications beyond cross-border payments, such as supply chain management and microtransactions.
5. **Enhanced Network Performance**: Ongoing improvements to increase the speed, efficiency, and security of the Ripple network.
### Network Management
The Ripple network is primarily managed by Ripple Labs. However, the XRP Ledger is an open-source project, meaning that anyone can contribute to its development. Ripple Labs focuses on promoting the network's adoption and ensuring compliance with regulatory standards.
### Tech Firms in the Future of Tokenized Assets
Several tech firms and financial institutions are utilizing the Ripple network:
1. **Santander**: A major bank that uses Ripple's technology for its One Pay FX service, enabling faster cross-border payments.
2. **American Express**: Partnered with Ripple to enable instant blockchain-based payments.
3. **MoneyGram**: Previously partnered with Ripple to use XRP for cross-border payment settlement, showcasing the utility of XRP in remittance services.
4. **Standard Chartered**: Collaborates with Ripple to improve its payment infrastructure and offer more efficient financial services.
### The Future of Tokenized Assets
The future of tokenized assets on the Ripple network looks promising, with several key trends:
1. **Increased Tokenization of Assets**: More assets, including fiat currencies, commodities, and securities, are expected to be tokenized on the Ripple network, improving liquidity and accessibility.
2. **Regulatory Developments**: Greater regulatory clarity will likely drive institutional adoption of tokenized assets.
3. **Enhanced Security and Compliance**: Improved security measures and compliance protocols will enhance trust in tokenized assets, attracting more users to the ecosystem.
4. **Interoperable Financial Ecosystems**: Development of interoperable systems will enable seamless movement of tokenized assets across different blockchain networks and traditional financial systems.
In summary, XRP is a cryptocurrency designed for fast, low-cost cross-border transactions, supported by the Ripple network. With ongoing developments and increasing partnerships with financial institutions and tech firms, XRP is well-positioned to play a significant role in the future of global finance and tokenized assets.
XRP: Approaching ResistanceTrade setup : Price is in a downtrend. Price needs to break above stiff resistance area: horizontal $0.55 resistance and 200-day moving average (~$0.58) to resume an uptrend.
Pattern : Price is Approaching Resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Up, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish (MACD Line crossed above MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.55, then $0.65.
reverse bullish pattern in box xrp in box making strong conolidation ...note this crypto will do a strong bullish move after break up
$XRP #Ripples Trading IdeaXRP/USD (Ripples) still forming this huge and boring symmetrical triangle on a 1W timeframe. Full send after a breakout. After a clean breakout there is a probability to see $0.75; $0.935; $1.00 once again.
Check for support around 0.5236-0.5384Hello traders!
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(XRPUSDT 1D chart)
The most important point on the XRP chart is the 0.47 point.
This is because if it falls below 0.47, it is expected to enter the bottom range from a long-term perspective.
Therefore, the price should be maintained above 0.47.
Since the M-Signal of the 1M chart > M-Signal of the 1W chart > M-Signal of the 1D chart, it shows a downward trend.
Accordingly, the key is whether it can receive support and rise around 0.5236-0.5384.
If it fails to rise, caution is needed as it is likely to touch around 0.47 again.
If the HA-High indicator is supported and rises, it is likely to renew the previous best high.
Therefore, it is time to buy whenever it rises above the HA-High indicator on the 1D, 1W, and 1M charts and shows support.
If it is not supported by the HA-High indicator and falls, it will be time for a split sale, so caution is needed in response.
One thing you must think about before you start trading is your investment horizon.
If you do not decide how long you will invest for, you may not be able to respond properly when prices fluctuate, so you must decide on the investment period.
Next, you must decide how much to invest and how to trade or realize profits.
No matter how long-term you invest, you must sell when the price rises to a certain level.
There are three ways to sell: selling 100%, selling a portion, or selling an amount equivalent to the purchase principal to increase the number of coins (tokens) corresponding to the profit.
The method of increasing the number of coins (tokens) corresponding to profit by selling an amount corresponding to the purchase principal ultimately ends up holding only the number of coins (tokens) whose average purchase price is 0.
Therefore, there is absolutely no risk associated with holding it.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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XRPUSDT Potentially BearishHello there,
XRPUSDT analysis shows that the current candle is interacting with the 0.5387 area, with its high pinning the LH(L) pattern.
I've marked the L and H points with a vertical line, which extends over the RSI (Relative Strength Index). This (L) indicates that the price is bearish below the 59.07-RSI level.
We're looking for a demand zone, where the price broke above the high. One potential zone appears to be 0.5148, which I'll set as our bias target. And our nearest target price is 0.5251.
Happy Trading,
K
Ripple Prepares for SEC Lawsuit Outcome, $XRP Surge Past $0.51Ripple ( CRYPTOCAP:XRP ) holders are debating the impact of the Financial Innovation and Technology for the 21st Century Act (FIT21) on the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. The outcome of the lawsuit could affect Ripple's native token XRP's price and affect the payment remittance firm's institutional sales of XRP token. Attorney Bill Morgan, behind the X handle @Belisarius2020, explains that Ripple has prepared for the worst outcome in the lawsuit, a permanent injunction or a complete ban on sales of XRP tokens to its institutional clients in the US.
The US House approved the FIT21 bill, a major crypto legislation cleared by one of the chambers of Congress on Wednesday. As the bill makes passage to the Senate, CRYPTOCAP:XRP holders debate its impact on the longstanding legal battle between the US SEC and payment firm Ripple. In its lawsuit against Ripple, the financial regulator has asked for $2 billion in penalties and alleges unregistered securities sale (sale of XRP token) to institutional clients.
In its defense, attorney Bill Morgan explains that Ripple is prepared for the worst case scenario in the lawsuit. In the worst case, the court could order a permanent injunction (a complete ban) on CRYPTOCAP:XRP token sales to Ripple's institutional clients in the US. While typically this move could affect the payment firm's business, Attorney Morgan explains that Ripple continue offering its services and selling CRYPTOCAP:XRP to institutional clients overseas, under entities in different licensing regimes.
Technical analysis shows that Ripple broke past sticky resistance at $0.51 and is currently trading at $0.5303. The Moving Average Convergence Divergence, Relative Strength Index (RSI), and the Relative Strength Index (RSI) support a bullish narrative for the asset. If Ripple ( CRYPTOCAP:XRP ) successfully establishes itself above $0.5308, the next target is the April 22 and May 6 high of $0.5703.
It is an important resistance🤨As you can see in the picture, we have a flag pattern, because we lost a log before forming the pattern, it is more likely to break from the bottom, but it can also break from the top. I do not trade with patterns.
I will take a look at it, personally, I will wait for the resistance of 0.4793 candle, then close, then I will open a position.
👨💻Any coin you want me to analyze, tell me in the comments and thank you very much for your time
⚠️Do capital management⚠️
xrp forecast hello traders xrp will probably blow up in the comings months
wishyou good luck and good trading
XRPUSDT#Ripple
Time frame of 4H
We can wait if the price reaches our area and enter with the comfort of capital management.
XRPUSD 1WXRP ~ Updated
#XRP Still continuing to maintain this support line, it seems that big players continue to keep the price within this pattern, before pumping the price of CRYPTOCAP:XRP
13 dollar price target for ripplebased on 5 years of accumulation and 5 wave patterns an explosive move can be expected on this next month of june
CAN WE FINALLY START IT? XRPThis week is very important for the Ripple legal case, and some millions are moving from Ripple. Can this be a sign of an agreement with the SEC? Last year, a positive new has pumped the price of XRP to $0.9. This time, also considering the actual Bitcoin price, i think that an end at the case can teleport the XRP price to a new ATH. Personally, i am increasing my long exposure, keeping a safe stoploss below 0.25. Risk to reward (0.25 SL, 3.5 TP) is again extremely good
XRP Symmetrical Triangle - Bull target $0.65, Bear target $0.42NOT FINANCIAL ADVICE
TL;DR #XRP Symmetrical Triangle, bull target $0.65, bear target $0.42
BINANCE:XRPUSDT has been trading in a symmetrical triangle for over 1 month. Well respected support trendline, with 4 clear touches.
Ascending triangle on the RSI, watch it because a break of the support or resistance trendlines there might be a leading signal of a subsequent price action breakout.
🟢 Bull case
Should we break the resistance trendline, my target will be the previous key area at $0.65.
Be careful at $0.57 because we had 2 previous fakeouts to that level.
Also watch the 200-day VWMA at $0.59 because it could offer some resistance on the way up.
🔴 Bear case
A break below the support trendline would most likely lead to a retest of $0.42, either for a triple bottom or further downside.
XRP Update: Waiting Game Between $0.47 and $0.56!
XRPUSD is neutral int he daily chart and as long as it is trading between $0.4722 and $0.5603, XRP will lack the momentum.
A bullish break-out of $0.56 will lead to $0.6642, a very important levels in different timeframes.
If Bitcoin will decline, XRP has a potential to revisit $0.4722, the daily support zone.
Below $0.4722 zone, XRP is the bearish.
RIPPLE - After exiting from pennant, price can bounce upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price entered to falling channel, where it first reached resistance line and then continued to fall.
In channel, XRP broke $0.5360 level, which coincided with resistance area and declined until to support area.
After this, price made strong upward impulse to $0.5705 points, exiting from channel and breaking $0.5360 level.
But soon, Ripple turned around and in a short time declined to $0.4900 support level inside downward pennant.
Next, price bounced from support line of pennant and rose to resistance line and now tired to exit from this pattern.
In my mind, Ripple, after exiting from pennant, can make retest and then bounce up to $0.5440, breaking resistance level.
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