XRP similar to BTCEither something completed or this was just a wave 1 of the next incoming sequence of a motive wave in Elliott Wave theory. I dislike calling truncations but here we have an extended 3rd wave and a deep supposed 4th wave which gave almost equal size within the 1st and 5th wave. by PK_SEND_IT17
Grayscale Files for Spot XRP ETF: A Game-Changer for XRPThe cryptocurrency market is abuzz with the latest news that Grayscale, one of the largest digital asset management firms, has filed for a Spot XRP ETF with the NYSE. This development comes at a pivotal moment for XRP, as the Ripple team appears to be nearing a resolution in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). The combination of these factors has sparked renewed interest in XRP, with whales accumulating the asset and technical indicators hinting at a potential bullish breakout. Let’s dive into the fundamental and technical aspects of this story to understand what it means for XRP and the broader crypto market. Why Grayscale’s Spot XRP ETF Matters Grayscale’s decision to file for a Spot XRP ETF is a significant endorsement of XRP’s potential. ETFs (Exchange-Traded Funds) are widely regarded as a bridge between traditional finance and the crypto market, offering institutional and retail investors a regulated and accessible way to gain exposure to digital assets. A Spot XRP ETF would allow investors to buy shares that directly reflect the price of XRP, without needing to hold the asset themselves. This could lead to increased liquidity, broader adoption, and a surge in demand for XRP. The filing also signals growing institutional confidence in XRP, particularly as Ripple’s legal battle with the SEC appears to be nearing a conclusion. A favorable outcome for Ripple could remove a major regulatory overhang, paving the way for XRP to reclaim its position as one of the top cryptocurrencies by market capitalization. Whale Activity: A Bullish Signal On-chain data reveals that whale activity for XRP has hit record highs, with the number of wallets holding between 1 million and 10 million XRP reaching an all-time high of 2,083. This accumulation trend suggests that large investors view XRP as undervalued and are positioning themselves for a potential price surge. Historically, such whale activity has often preceded significant bullish rallies, as it indicates strong confidence in the asset’s future prospects. Technical Analysis As of the time of writing, XRP is up 1.96%, trading in a moderate zone. The candlestick chart shows a Doji and a Spinning Top, which typically indicate market indecision. However, the Relative Strength Index (RSI) stands at 62, placing CRYPTOCAP:XRP on the cusp of a bullish run. This suggests that despite the current indecision, the asset has the potential to break out if buying momentum increases. Key support levels to watch include the 38.2% Fibonacci retracement level, which could serve as a strong entry zone for traders. On the upside, breaking past the $3.40 resistance level could ignite a rally toward $4 and beyond, with some analysts even predicting a long-term target of $20. Market Sentiment The broader crypto market remains volatile, but the increased interest from whales in both XRP and Cardano (ADA) suggests that these assets could be poised for significant movements in the near term. If XRP can maintain its bullish momentum and hold above key support levels, it could attract even more retail and institutional interest. What’s Next for XRP? The combination of Grayscale’s ETF filing, record-high whale activity, and the XRP Ledger’s fundamental strengths creates a compelling case for XRP’s future growth. While the market remains volatile and regulatory uncertainties persist, the potential for a bullish breakout is undeniable. Investors should keep a close eye on the following factors: Regulatory Developments: A favorable resolution to Ripple’s legal battle with the SEC could remove a major obstacle and boost confidence in XRP. ETF Approval: If Grayscale’s Spot XRP ETF is approved, it could open the floodgates for institutional investment. Technical Indicators: Watch for a break above key resistance levels, such as $3.40, which could signal the start of a sustained rally. Conclusion Grayscale’s Spot XRP ETF filing marks a potential turning point for XRP, as it combines strong fundamentals, technical indicators, and growing institutional interest. While the crypto market remains unpredictable, the stars appear to be aligning for XRP to make a significant move. Whether you’re a long-term investor or a short-term trader, now is the time to pay close attention to XRP’s developments. The next few weeks could be pivotal in determining whether XRP reclaims its status as a top-tier cryptocurrency. Stay tuned to The Bit Journal for the latest updates and insights on XRP and the broader crypto market. The future of CRYPTOCAP:XRP looks brighter than ever—don’t miss out on what could be the next big opportunity in crypto.Longby DEXWireNews13
XRP Bollinger Bands Tighten: Price Explosion Ahead?XRP, the digital asset powering Ripple's payment network, has been a subject of intense speculation and trading activity within the cryptocurrency market.1 Recently, a key technical indicator known as Bollinger Bands has been exhibiting a pattern that often precedes significant price movements.2 This phenomenon, known as a "tightening" or "squeeze," has caught the attention of traders and analysts, raising questions about XRP's next major price swing.3 Understanding Bollinger Bands Bollinger Bands, developed by John Bollinger, are a popular technical analysis tool used to measure price volatility and identify potential overbought or oversold conditions.4 The indicator consists of three lines plotted on a price chart:5 • Middle Band: A simple moving average (SMA) of the price, typically a 20-day SMA.6 • Upper Band: Calculated by adding a certain number of standard deviations (usually two) to the middle band.7 • Lower Band: Calculated by subtracting the same number of standard deviations from the middle band. The bands widen when the price is volatile and contract when the price is stable.8 This dynamic nature of the bands provides traders with valuable insights into the degree of price fluctuations.9 The Significance of a Tightening When the Bollinger Bands tighten, it indicates a period of low volatility.10 The price is confined within a narrow range, and the bands contract towards the middle band.11 This pattern often precedes a significant price movement, as the energy stored during the period of consolidation is released in a subsequent breakout or breakdown.12 The direction of the breakout is not predetermined by the tightening itself. The price can break out above the upper band, signaling a bullish move, or break down below the lower band, indicating a bearish move.13 Traders often look for other confirming indicators or patterns to anticipate the direction of the breakout.14 XRP's Tightening Bollinger Bands In the case of XRP, the Bollinger Bands on the daily chart have been observed to be tightening.15 This suggests that a major price move could be on the horizon. The cryptocurrency has been trading within a relatively narrow range, and the bands have been contracting, indicating decreasing volatility.16 This tightening pattern has raised speculation about the direction of XRP's next major price swing.17 While the tightening itself does not provide a definitive answer, it does suggest that a significant move is imminent.18 Traders are closely monitoring the price action for signs of a breakout or breakdown.19 XRP Price Falling: Doji Candle Points to a Rally to $5+ After Crash? Adding another layer of intrigue to XRP's price action is the recent formation of a doji candle. A doji is a candlestick pattern characterized by a small body and long upper and lower wicks.20 It indicates indecision in the market, as neither buyers nor sellers are in clear control. Doji candles are often observed at turning points in the market, signaling a potential reversal of the prevailing trend.21 In the case of XRP, the doji has formed after a period of price decline, suggesting that the selling pressure may be waning. Some analysts interpret this doji formation as a potential precursor to a rally, with some even speculating a surge to $5 or beyond. However, it's crucial to exercise caution and consider other factors before drawing definitive conclusions. Additional Factors to Consider While the tightening Bollinger Bands and the doji candle provide valuable insights, it's essential to consider other factors that could influence XRP's price action: • Market Sentiment: The overall sentiment in the cryptocurrency market can significantly impact XRP's price.22 Positive news or developments could fuel a rally, while negative news or regulatory concerns could trigger a decline. • Fundamental Developments: Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) continues to be a major factor influencing XRP's price.23 A favorable outcome could boost investor confidence, while an unfavorable outcome could have the opposite effect. • Trading Volume: Increased trading volume during a breakout or breakdown can provide further confirmation of the move's validity. Low volume breakouts can be unreliable and prone to reversals. Conclusion The tightening Bollinger Bands on XRP's daily chart suggest that a major price move is imminent.24 The formation of a doji candle adds further intrigue, hinting at a potential reversal of the recent downtrend. However, it's crucial to consider other factors, such as market sentiment, fundamental developments, and trading volume, before making any trading decisions. The cryptocurrency market is highly volatile, and prices can fluctuate significantly in short periods.25 Traders should exercise caution, conduct thorough research, and use appropriate risk management strategies. While the technical indicators provide valuable insights, they should not be the sole basis for investment decisions. by bryandowningqln112
Next price in the range of 4.5 ???As you can see, Ripple has formed a channel with an upward slope in the daily timeframe, and this decline caused the candle to hit the bottom of the channel exactly. Considering the trend inside the channel, the next price should be in the range of 4.5. After reaching this price, if the channel is broken, unexpected prices should be expected. If the trend remains inside the channel, it will reach higher prices according to the same slope created.by soheil66610
XRP UpdateLooking at XRP, we have the same situation we have with Solana. This is a regular update. This trading pair produced a bullish breakout recently. This bullish breakout produced a "shy higher high," just as it happened with Bitcoin. This shy higher high is good news. This is good news because the consolidation phase is not yet over, not in relation to maximum growth and bullish momentum developing for the market. When the market is sideways, price swings are happening all of the time, up and down. This up and down can result in whipsaws, money lost. A break of support can result in many stop-loss orders being activated, many LONG positions being liquidated; but the market broke up. This breakout is part of the same consolidation phase but it opens the doors for prices to move lower without changing the chart structure, the bulls remaining ahead. We have 28 days left before boom-boom 2025 bull-market, and it is evident how the market has been bullish, sentiment wise, and fundamentally, but neutral, sideways and even bearish in some cases technically, the price. This is all part of the last opportunity to buy before the 2025 bull-market bull-run. This is the last chance, truly it is. As for XRPUSDT, the main scenario we see is more consolidation coupled with a small retrace, can be days or weeks. This small retrace will keep the chart intact as mentioned, and any drops and retraces are a buy opportunity for smart traders; always LONG, never SHORT. Why always LONG? We are in a bull-market. The initial move is bullish (starting in October 2024). The small retrace is part of a period of consolidation before additional growth. The chart is bullish, the market is bullish; everything turning positive and getting better by the day. XRP won the battle against the SEC. The people won the battle against the capricious and abuse of power officials in the previous government. These developments are positive for the crypto-space and will soon show up in the price, make no mistake. This is it. Patience is key of course but we are in the green. The market never moves straight up nor straight down, there are always periods of rest between each impulse wave. This is not bad. This is great. Take it for what it is. The market is giving you an opportunity to find money and invest in Cryptocurrency all you want. The market is giving you time, another chance, to position yourself and plan, all this before maximum growth. Is this cheating? Is this even legal? We know exactly what is going to happen so we know what to do to achieve financial success. Knowing things beforehand is not cheating nor illegal, this is all based on experience, dedication and hard work. These things give us wisdom and this wisdom we use to support each other and produce positive results. We know the market is going to grow, the best action is to buy and hold focusing on the long-term. The bull-market will be a standard bull-market, and that's ok. Just as everything turns positive, when the market peaks some reasons will develop that will compel the giants to sell, and this will mark the top. This too is normal and expected, we accept the profits and move on. When the next bearish cycle is in, this one will be much smaller than the last one, we just take it as another opportunity to buy-in, rebuy and reload. The market will continue to fluctuate. XRP will continue to grow. We are now reaching the end of a consolidation phase while in the bullish zone. All conditions are bullish. The recent rise allows for a drop that will not break the positive structure of the chart. This is what it means. After the last flush, expect big green. You can always count on me to be here and share some numbers when the time is right. I never look at the charts for entry, nor chase any pair. When the time is right, based on intuition, I just take a leap and let the market take care of the rest. So far in this cycle we have perfect timing with XRP. But it is ok to know that some trades are loss, some others we win. It is ok to be wrong. It would be foolish to think we have to be perfect or need to win them all. We don't need to win anything, we just need to do our job. Insist and persist, consistency will yield the results you want. The battle is already half won. Cryptocurrency is now being fully supported by the law. First we fight. We fought and we won. Namaste.Longby MasterAnanda35
XRP/USDT Is This the Perfect Entry for a Big Move ?This chart of XRP/USDT, showcases a long position setup with a detailed entry, target levels, and stop-loss placement. The price action is currently positioned within a key support zone, defined between $3.05 and $3.15, where significant buying interest has been observed. Historical price movements indicate multiple bounces from this region, reinforcing its role as a strong demand area. The outlined trading plan leverages technical analysis to project potential price levels and manage risk effectively. A stop-loss at $2.96 is strategically placed just below the buy zone to minimize downside exposure. The initial resistance level is $3.18, marking the first potential profit-taking zone. This is followed by subsequent targets at $3.22, $3.26, $3.30, and $3.35, which align with prior highs and areas of selling pressure. These targets provide incremental profit opportunities as the trade progresses. The chart also indicates a bullish breakout from a consolidation phase, with increased buying momentum evident in recent candle formations. This momentum is expected to drive the price towards the resistance levels, provided there is no significant selling pressure. The risk-to-reward ratio improves considerably with each higher target, making the trade favorable for disciplined execution. This setup is designed for leveraged trading. The approach amplifies potential returns while ensuring risk remains controlled through a predefined stop-loss. The $3.18 and $3.22 levels are critical for determining the strength of the bullish move, as price reactions at these points will dictate the likelihood of reaching higher targets. This trade balances calculated risk with substantial profit potential, leveraging technical patterns and key support-resistance dynamics to optimize the long position strategy.Longby wolfchemistUpdated 4420
It feels like it's $XRP season!🔔 😤 The paradigm is shifting—no more jokes about CRYPTOCAP:XRP holders! 🚀 Market cap x2 increase is looking real as XRP pushes into price discovery mode. 🏹 #Ripple remains a strong bet, and this breakout could be historic! Time to break the multi-year ascending resistance! 🔥Longby VIPROSE10
XRP is fire !!!It is evident that the daily XRP time frame has many buy orders It was the last one that he had, obviously many buyers came in. There is a lot of compression in this area He will probably continue to follow this trend Like and subscribe Longby kingcrypto67
Why Market Cap is Misleading for XRP🔥 Why Market Cap is Misleading for XRP 🔥 Many dismiss XRP’s potential because they believe a high price would make its market cap “too big”—but that’s a fundamental misunderstanding! ❌ Unlike stocks or Bitcoin (which act as stores of value), XRP is a utility asset designed for global payments. Let’s break it down: 1️⃣ Market Cap Doesn’t Apply to Transactional Assets 📊 Stocks & Bitcoin are held in portfolios, so market cap is a useful metric. 🌍 XRP is built for real-time transactions—it moves money, not just stores it! 🔹 Comparing XRP’s market cap to Bitcoin’s is like comparing Forex trading volume to a country’s GDP—they measure completely different things! 2️⃣ XRP Should Be Measured by Global Transactions 💰 Forex trades over $2,700T annually—that’s 27× the global GDP! 💳 Cross-border payments exceed $150T per year—XRP’s primary use case. ⚡ Unlike stocks, XRP can be used multiple times a day, increasing its efficiency and demand. 3️⃣ XRP Supply Shrinks Over Time 🔥 ⏳ Every XRP transaction burns a small amount of XRP, reducing supply over time. 📈 As demand increases and supply decreases, price pressure naturally rises. ✅ The Takeaway 🚀 Stop using stock market logic to evaluate XRP—it doesn’t fit! 🔑 XRP’s real value comes from global adoption, speed, and efficiency, not from its market cap. 💡 The real question: How much global money will XRP move? That’s what determines its price potential! 🌎💰 Longby AlphaBull-Trading6
XRP - 4H Elliott Wave AnalysisGreetings, this is our Elliott Wave Analysis for the current XRP chart on the 4H timeframe. Enjoy! :) We assume that we have a blue Wave 1 in and work on a blue Wave 2 of the 5th Wave of a higher timeframe. Blue Wave 2 support sits between the 0.5 FIB at 2.8648 USD and the 0.786 FIB at 2.5587 USD. After blue Wave 2 is in we will look for an impulse to the upside in blue Wave 3. We assume blue Wave 2 is currently ongoing as a WXY displayed in red here. Where we finished Wave W & X and are working on the red Wave Y which is unfolding as an ABC displayed in orange where we are working or finished orange Wave B in the yellow ABCDE triangle. For targets areas we get plenty of confluences around that 2.83 USD to the 2.77 USD area where the 1 to 1 FIB ratio at 2.7972 USD sits. We also got a wick low right above at 2.8277 USD which could provide some liquidity for a bounce. Further support would be at the swing low at 2.7107 USD which sits right in the golden pocket displayed at the green box in our blue Wave 2 support area. And in case we go deep into the support area we have a 1.618 FIB at 2.5447 USD which is in confluence with the 0.786 FIB at 2.5587 USD of our blue Wave 2 support area. That would be a rather deep retracement and we don't want to see a sustained break of the support area. Be aware that a break above the yellow line at 3.2031 USD would be the first indication that we might be going up more directly up or that yellow Wave C of the Elliott Wave Triangle in orange Wave B is resetting. A break above the yellow A Wave at 3.2854 USD would invalide the Elliott Wave Triangle in the yellow ABCDE and indicate that the price is following another count or breaking out to the upside. Thanks for reading. NO FINANCIAL ADVICE.Shortby KanashimiBroUpdated 6
Just mark it, it is now or never to buy XRP.. The chart is looking very very good, people are still buying in everytime is drops..Longby TheSalafP5
XRP Dip to $2.6 Before Hitting $5.5-$6 ?Since December, XRP has been moving within an ascending channel for 3 months. After hitting the upper boundary and pulling back, it has been consolidating with low volume and doji candles for the past 2 weeks. Now, it has dropped below the key resistance level. Technically, CRYPTOCAP:XRP hasn't confirmed a direction yet. However, there's a high risk that it could suddenly break down below the previous W-bottom neckline (orange line). It already wicked below it once, and another breakdown could also take it below the ascending channel’s lower boundary. This move could trigger panic selling, allowing smart money to accumulate more XRP. Long-term, XRP remains bullish. Any short-term dip is a buying opportunity. If it breaks above the ascending channel, it could target $5.5 - $6. But in this bull cycle, I believe XRP’s upside won’t be limited to just that. for more future script "guesses" like this! 💰 Bitget 20% Trading Fee Off: lihi2.comLongby Harold_1235
XRP 45 min chart looks promising for a break out The 45-minute chart for XRP presents a potentially bullish outlook, with a forming flag pattern hinting at a continuation of the upward trend. Furthermore, the 50-200 moving average golden cross reinforces this optimistic view. Key levels to monitor: Resistance: 3.21 Breakout above this level could confirm the bullish flag pattern and propel XRP upward. The golden cross, coupled with the flag pattern, suggests a potential buying opportunity. A successful breach of the 3.21 resistance level could trigger a rally, making this a critical level to watchLongby jonathanvirayjr4
XRP 4HR big bullish flag to new ATH swing trade (ETF driven)XRP 4HR big bullish flag to new ATH swing trade (ETF news driven). ETF speculations could trigger this breakout. I'm laddering in and getting more XRP on spot.Longby TotallyFreeTradeSignals3
15 looking xrp 15 min looking for a higher high and looks like we could catch the next leg up 3.33 big resistance Longby Cryptoedd420443
XRP 4HR Big Pennant breakout attempt XRP 4HR Big Pennant breakout attempt. XRP is attempting to break out of its big bullish pennant pattern. Im taking a small position on a close above the trendline then waiting for a re-test. Measured target is $4.20Longby TotallyFreeTradeSignalsUpdated 4
XRP ? Possible longtermusing the EWT on the weekly chart, this is what it shows, Fib extension for projectionLongby Rhino_Steve4
$XRP Saturday UPDATECRYPTOCAP:XRP with a billion tokens getting unlocked today—no surprise that the price has declined 5% so far after yet another rejection from the trendline resistance. My short at $3.12 has been doing fine, and further downside would be expected as momentum is visibly waning, reflected by RSI (1D) falling back to Neutral (54) after breaking below its ascending trendline. My first Take Profit ($2.91) was nearly reached during last night's dip as low as $2.94—it won’t be that easy, though, as the Army buys every dip with conviction. They don’t care about any $3 billion unlocks (not all of these will be dumped, usually 20%-50%) due to their wet-dream targets set between MIL:1K and $1M (depending on their rank in the Army). Now, on a more serious note, shorter timeframes Market Structure has turned bearish. RSI (4hr, currently 38) needs to get back above 60 and preferably above the trendline (blue line on RSI) for me to start thinking about longs again. Also, looking at the 2-week Liquidation Heatmap (this consolidation has been going on for roughly that long), it’s not hard to spot a cluster of liquidity around $2.5. That’s where my last Take Profit orders would get filled, and the Market Maker could make that happen. I also intend to flip bullish right there, both with spot top-ups and potentially long leverage positions. RSI would be very oversold if XRP gets that low (likely with a wick that gets bought up quickly, by the Army, of course). One more interesting zone for a reversal is marked with a blue arrow on the 4hr chart (confluence of ascending 1-month-old trendline, 200 MA, and Fib 0.5). This could be too early to enter, though, so best to monitor 15m-1hr timeframes for reversal signals (RSI divergences, reversal chart/candlestick patterns, etc.). Situation in a nutshell: Too late to short, and too early to long CRYPTOCAP:XRP now. Positioning is key, as volatility is expected, especially Sunday to Monday night. 💙👽 PS. I publish more regularly on Coin Market Cap or Binance Square, including Heatmaps and other timeframes mentioned in my analyses: coinmarketcap.comShortby ColdBloodedCharter4
XRP Holds Strong Amid Market Correction – Next Stop $3.50?Despite broader market corrections, XRP remains resilient, gaining over 1% in the past 24 hours and surging 55.15% in the last 30 days. With a YTD return of +34.51%, XRP currently holds the title of the best-performing altcoin among the top 25 projects. Technical indicators continue to favor bullish momentum. The 50/200-day EMA shows growing buying pressure, while the RSI hovers near overbought levels, signaling sustained demand. If XRP maintains its position above $3, it could build momentum toward its next resistance at $3.50. However, if bearish pressure increases, XRP may retest its support at $2.75 before another attempt at an upward move. For now, all eyes are on whether XRP can break through key resistance or face short-term consolidation. With strong technical support and continued investor confidence, XRP could be gearing up for another bullish push. Will it hold above $3 and make a run for $3.50?Longby paul_endeo3
CLEAN XRP📊 XRP is shaping up nicely with a clean structure, hinting at the formation of another 1-2 wave setup. If this pattern holds, we could be gearing up for a strong impulse move ahead. Watching key support levels for confirmation. 🚀Longby PK_SEND_IT2
XRPUSDT short term: BearishCurrently, there is a concern of bearish divergence forming in the XRP chart. It is likely to breach previous resistance at $3.4 to form a bull trap before dropping towards lower $2.0Shortby Rocnon2
Uptrend #XRPXRP coming hard, and is stying on the uptrend buying and whales are coming hard to take all the XRP away.. Something is coming on 2025 Longby TheSalafP3