Technical Analysis of XRP/USDT📊 Technical Analysis of XRP/USDT (Weekly Chart)
Key Highlights:
Long-term Ascending Channel:
The chart shows a strong upward ascending channel highlighted by blue lines. 📈
The lower boundary serves as strong support, and the upper boundary acts as a key resistance. 🔵
Support and Resistance Levels:
Resistance Zone: Between $2.6 and $1.9. 🟥
Support Zone: Around $0.96 and the lower boundary at $0.29. 🟩
600% Target:
A potential bullish target of around $6.54–$6.39 has been identified. 🚀✨
✅ Possible Price Movements:
The price has recently rejected near the resistance zone and may retrace toward $1.9. 🔄
If the support level at $0.96 holds, a bullish rebound toward the channel’s upper boundary and the $6.54 target could occur. 📈💹
Breaking below critical support (below $0.46) may lead the price toward the channel's bottom, near $0.29. ⚠️📉
🎯 Trading Strategy Suggestion:
Buy Entry: Near key supports like $0.96. 🟢
Stop Loss: Below the channel’s lower boundary or $0.46. ⛔️
Take Profit: Around $3.0, $6.54, or the channel’s upper boundary. 🏆
🛑 Important Note:
This analysis is for informational purposes only. Always perform further research and apply proper risk management before making financial decisions. ⚠️
XRPUST trade ideas
Ripple Faces New Legal Hurdles Amid XRP’s PerformanceRipple Labs finds itself under renewed legal scrutiny as plaintiffs in the class action lawsuit, In re Ripple Labs Inc. Litigation, filed appeals with the Ninth Circuit Court. The ongoing legal battles surrounding Ripple and its native token, XRP, continue to cast a shadow over the cryptocurrency’s prospects despite its significant market performance in recent months.
The Legal Landscape
Proposed Order to Deny Ripple’s Bill of Costs
Plaintiff Bradley Sostack has filed an objection to Ripple’s bill of costs in a California district court, proposing an order to deny the company’s request to cover litigation expenses. This move underscores the persistent contention in the lawsuit, with plaintiffs challenging Ripple’s earlier favorable judgments, including those regarding summary judgment and claims under California law.
Upcoming Deadlines
Adding to the complexity, the principal brief in the high-profile Ripple vs. SEC case is due on January 15. This timeline aligns closely with speculation about SEC Chair Gary Gensler’s potential last-ditch efforts to impose additional regulatory challenges on Ripple before his anticipated departure on January 20.
Ripple’s Strategic Developments
While legal battles rage on, Ripple has continued to innovate. Recent developments include the launch of the RLUSD stablecoin, further cementing its ambition to dominate blockchain-based financial solutions. However, this progress has been somewhat overshadowed by the ongoing litigation.
Technical Analysis
From a technical standpoint, XRP’s price dynamics reflect the broader market sentiment influenced by the lawsuit:
- Current Performance: At the time of writing, XRP is trading at $2.40, experiencing a 1.37% decline within the past 24 hours.
- RSI Weakness: The Relative Strength Index (RSI) is hovering around 50, signaling a lack of clear momentum. This aligns with the market’s cautious approach amid uncertainty surrounding the legal outcomes.
- Bearish Reversal Pattern: XRP appears to be forming a bearish reversal pattern, suggesting a potential decline if market sentiment doesn’t improve.
Fundamental Perspective
XRP has been a standout performer, with a 400% rally in recent months attributed to Ripple’s victories against the SEC and its strategic moves in the financial ecosystem. Despite this, the token remains vulnerable to the ongoing legal challenges and regulatory scrutiny.
Key Considerations:
- The outcome of the appeals and the SEC’s principal brief could significantly impact XRP’s market trajectory.
- Ripple’s ability to continue its technological advancements, such as expanding its stablecoin ecosystem, will be crucial in maintaining investor confidence.
Conclusion
Ripple’s legal battles represent a pivotal moment for XRP and the broader cryptocurrency market. While the token has shown resilience with impressive gains and innovations like the RLUSD stablecoin, the uncertainty surrounding its legal status continues to weigh heavily. Investors should keep a close watch on the January 15 deadline and the broader implications of regulatory actions under the SEC’s leadership transition.
Wahle alert massive transactions🚨 Whale Alert: 640 Million XRP Transferred in Massive Transactions 🔥🚀
Over the past 20 hours, 640 million XRP was moved across several large transactions, according to blockchain tracking platform Whale Alert. Two of the largest transfers were conducted by Ripple, the San Francisco-based cryptocurrency giant.
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🔍 Ripple and XRP Transfers: Key Details
• 📦 Major Transactions: Ripple is responsible for two of the largest transfers, sparking speculation in the crypto community.
• 🌐 Ripple’s Role: Ripple utilizes XRP for payments, liquidity management, and transfers to exchanges or custody platforms.
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💰 Impact of 640 Million XRP
• At current market rates, this amount represents a substantial value, emphasizing the scale of these movements.
• Events like these often catch the community’s attention due to their potential influence on XRP liquidity and price trends.
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🚀 Why It Matters
Massive XRP transfers can be associated with:
Market activity
Strategic partnerships
Internal fund restructuring
These developments are closely monitored, as they can signal upcoming changes in the market or Ripple's operations.
🔗 Stay Updated on XRP for More Insights!
XRP - History Repeating Itself... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the OKX:XRPUSDT 4H chart interesting.
Previous post:
Do you notice a pattern here?
is XRP doing again?
🔄 If history will repeat itself, a break above the green zone around $2.7 is needed to signal the start of the next bullish movement.
🎯Once the setup is activated, $3 will be the short-term target, and then $5.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP updateHi Guys
As we have specified the purchase range for you before, we said that if the range is maintained, he can serve his opponent.
Now you can see that with the lack of daily stabilization, it has returned below the range and is placed in a triangle.
With failure, he can move to the specified goals.
We will be happy if you give us energy with likes and comments.
XRPUSDT....it's a nope from meBrowsing the subreddit and by gauging sentiment, there is an awful lot of moon bois out lately. Lots of new "investors" ie. gamblers, rushing into the market and chasing the shiny coins. XRP has had a huge run this month, and even though it's happened in the past multiple times, people still fail to just...zoom out.
This latest run is unsustainable. There's going to be a big pullback, and it's going to happen quick. Likely this month I would say. There is going to be a lot of newbies left holding the bag sadly.
For now, I see XRPUSDT trading in a descending wedge. Buying momentum has been fading for a while. Bearish divergence on the MACD. I believe this will head back to the $1.80 to $1.90 support within the next 3 days. This was the last support, and also 0.618 fib. From here, a short-lived bounce, before inevitably down to the $1.40 to $1.50 range as mentioned in a earlier post.
Longer term, I believe we're looking at sub $1 XRP next year again, so still opportunity for people to load up much cheaper than now and be prepared for the next run in a few years.
RIPPLE (XRPUSDT): Your Trading Plan to BuyFollowing a recent bearish movement, 📈XRP corrected to a significant support level that was previously broken.
Look out for a bullish flag pattern on the 4-hour chart for potential buying opportunities based on the current trend.
Confirmation of a potential upward movement will be a candle closing above the resistance level of the bullish flag
Once this occurs, consider buying the coin with the expectation of it reaching at least the 2.91 level.
Bearish on XRP: Target Price $1.49 - $1.00I have sold out of my XRP positions, while everyone is bullish on XR, I see genuine concerns. The momentum indicators show strong bearish potential, as key indicators across time frames signal declining momentum. The weekly chart highlights overbought conditions and weakening bullish pressure, while the daily and intraday signals suggest a likely rejection at resistance. This setup presents an opportunity to target lower price levels with a structured trade plan.
Higher Time Frame: Weekly
RSI: Overbought at 84, indicating prices are high. Declining momentum suggests fewer buyers are interested at these levels.
Stochastic RSI: Overbought at 93 with a bearish crossover (K line crossing below D line), reinforcing declining momentum.
Rate of Change (ROC): Extremely high at 360, the highest since 2018, but now in decline. This further supports bearish momentum.
The weekly time frame points to a clear bearish bias. Momentum is fading, and the correction likely hasn't played out fully.
Lower Time Frame: Daily
RSI: Moderating at 64, suggesting prices are more appealing but still in a vulnerable position given the broader context.
Stochastic RSI: Oversold, hinting at the potential for upward momentum. However, this is occurring within a descending channel, and prices are nearing resistance, increasing the likelihood of a rejection.
While the daily chart shows stabilization, the overall bearish momentum from the weekly suggests that any upside may be short-lived.
Intraday View: 4-Hour
Stochastic RSI: Bearish crossover, aligning with the descending channel resistance on the daily chart.
Short-term momentum supports the view of rejection at resistance and a move to the lower part of the channel.
Summary
I believe the correction is still playing out, and the descending channel will eventually break to the downside my price targets are -
Target 1: 618 Fib Level / $1.49
Target 2: 786 Fib Level / $1.00
Risk Factors
Monitor momentum indicators (RSI, Stochastic RSI, ROC) for shifts.
Keep an eye on volume and broader market conditions (e.g., Bitcoin dominance and sentiment).
XRPUSD - BULL FLAG!!! Time to MOON!Hello Traders, this is Ripplayer
XRP have been travelling between the Bull Flag channel and need to watch closely which way the XRP decides to head. This is a bullish sign.
This trade has a target of ~ $3.30~
For this trade to be active it is crucial for XRP to breakout with a good volume candle close.
Entry point will be at the retest to the support after the breakout.
XRP is still very very BULLISH with good news ahead.
WHAT ARE YOUR THOUGHTS?
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best!
"Chance favors the prepared mind.” – Louis Pasteur
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Disclaimer!
Information provided is not a financial advice, it is only educational purposes. You make your own choice!
XRP / USDT: Poised for a breakout as it approaches resistance XRP/USDT is poised for a potential breakout as it approaches a crucial trendline resistance zone. The price has been consolidating recently, setting the stage for a possible bullish move. If a breakout occurs, we could witness a significant upward trend.
Key insights:
* Trendline resistance: XRP/USDT is nearing a long-term trendline that has historically acted as a price ceiling. A break above this could signal the start of a strong uptrend.
* Volume surge: A substantial increase in trading volume during the breakout would confirm strong buyer interest.
* Bullish signals: Momentum indicators like RSI and MACD are trending positively, supporting the case for a bullish breakout.
Steps to confirm the breakout:
* Look for a clear 4H or daily candle closing above the trendline.
* A noticeable spike in volume during the breakout can signal strong buying activity.
* A retest of the broken resistance as a new support zone adds credibility to the move.
* Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline.
Risk management strategies:
* Use stop-loss orders to manage your risk effectively.
* Ensure position sizing aligns with your overall trading strategy.
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) before making investment decisions.
XRP - Big Move Coming!Xrp is gearing up for another big move! Right now the move looks more likely to the downside than the upside, but I want to provide you with both scenarios.
First the downside scenario. Looking at the 12H chart we are fighting to reclaim the 21 MA (pink MA). If price cannot reclaim this level then that will be a sign of resistance and we will fall lower. Price is also fighting the top of our white trendline as well as the 0.236.
If price starts breaking down and cannot continue to hold the previous ATH of $1.94 (right around the last wick/0.618 of the predictive fibs) then it is possible to see $1.60 or even $1.30.
If price is able to breakout of this white resistance line and reclaim the 12H MA then $2.90 will be tested followed by a breakout move to around $3.50!
Xrpusdt So this structure is bullish as soon as it breaks out we will re teste 2.90 , RLUSD will go live soon . The corruption lost their fight against ripple . It makes no sense to sell in the near future now that we Will have clarity in xrp the case will end soon so much growth for xrp still . Looking forward for this structure to break out to the upside soon
target XRP?hello guys so in previous idea i told you guys that you should buy xrp with huge succes as it went up for 32%!! however now you could be stuck thinking what your target should be cause i didn't really say this in my previous idea, i know i am still a noob :( but my target would be $2.56 this because there is a clear Fair value gap made 09 dec at 1:15am so your target could be $2.55-$2.58 or if you want to be greedy which i do not recommend your target could be $2.63, i hope this helps a lot with finding your target i would always recommend analysing on your own and would see this type of idea's as a clarification or used as a indication. i am incredibly proud of myself that i can predict such things and hope to see you around agaimn in the future with more of these beautiful predictions.
XRP/USDT (4H) — A look at the current situationHello, friends! 👋 Let’s analyze what’s happening with XRP on the 4-hour timeframe and what prospects lie ahead.
📈 Current Trend
Currently, XRP/USDT is showing signs of local growth after a pullback. We observe:
The price is breaking through local resistance around $2.40, consolidating slightly above.
Key zones:
• Strong support: $2.35 (green zone). The price tested this area and rebounded upward.
• Weak resistance: $2.46–$2.48. Breaking through this zone could pave the way to $2.60.
🔍 Signals from Indicators
1. Midas Multi Indicator shows confident Buy signals in the $2.35–$2.40 area. 💡
2. MACD (Midas Down) indicates a growing bullish momentum: lines have crossed upward, signaling buyer strength.
3. Volumes: Increased activity is observed — confirmation of buyer interest.
📊 Price Movement Forecast
• Probability of growth: 70%. If the price consolidates above $2.46, we may see a test of $2.60.
• Probability of decline: 30%. In case of a pullback, the key support level is at $2.35.
Justification : A reversal pattern is visible on the chart, and buyers are actively defending key levels.
💡 What am I doing?
• Waiting for consolidation above $2.46 to confirm the upward momentum.
• Considering entry points after a resistance breakout or on a support retest.
⚠️ Attention! Monitor the overall dynamics of the crypto market. Any unexpected news could affect XRP’s movement.
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❓ Frequently Asked:
Which indicator do I trade on? It’s Midas Multi Indicator. Want to try it for free? Follow the link in my profile signature! 😉