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Ripple

Cardano Weekly Analysis: Ready for LONG ? (READ THE CAPTION)By analyzing the #Cardano chart on the daily (logarithmic) time frame, we observe that the price has started to rise as we expected in our previous analysis, hitting the first target at $0.42 and the second target at $0.45! After gathering the necessary liquidity, it began a further correction and is currently trading around $0.368. As you can see, the $0.317 to $0.36 range is an important demand zone, and we need to see if the price will stabilize above this level. If the price stabilizes above this support level, the medium-term targets will be $0.3810, $0.4270, and $0.4570, respectively. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
Ethereum Weekly Analysis: First Short, Then LONG! (READ CAPTION)By analyzing the #Ethereum chart on the weekly (logarithmic) time frame, we observe that after the price reached the Bearish OB zone between $3750 and $4150, it faced selling pressure and corrected down to $2800. Currently, the price is trading around $3000, and we need to see if the support at the $2900 level can hold. In my opinion, Ethereum might correct down to $2500 before starting its next bullish move, driven by increased demand in that area. The important demand levels are $2176 to $2500 and $1367 to $1592. The long-term targets for the price are $4100 and $4880. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
12
XRP NIGHT ANALYSIS!🌧 Hey hey, thanks for tuning in, hope everyone's doing well, thought it'd be a good night for a quick night analysis so thanks for coming through, this won't take long and here's a reference, link to our previous idea: 🌧 In our last idea we already knew things we're going to get moving pretty soon thanks to that tug a war and ultimately we can see how bulls ended up winning with that one before that resistance kicked us back down at 0.65 thus prompting our fall, especially once we'd lost that 200 EMA. 🌧 That being said here's a 15 minute chart which should make things a lot clearer! 🌧 15 Minute chart makes things pretty clear, we see everything from the loss of the 200 EMA to our descending channel which we're in. Like I said in that previous idea, definitely watch those horizontal levels, can see just how crucial they've been and we may end up retesting 0.541 soon enough if we can't get out of this descending channel though that'll depend on when our 20, 50 EMA's decide to converge and bulls get their grip back. 🌧 Main thing I'll be watching for now is this descending channel and if we get a retest at 0.54 or keep above 0.55 in the least. Just looking for support right now and that being said if we can keep that then we'll get another go at facing that 0.60 cent level which continues to be a fight understandably. 🌧 I'll leave the idea here for now but I simply wanted to come through with that and share some quick thoughts and views is all, thank you for taking the time with me today as always, I appreciate you all and wish nothing but the best. Blessings till next. ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
2
XRP Fever Grips South Korea as Traders Anticipate Legal VictoryA surge in XRP trading activity is sweeping across South Korea, propelling the token to its highest price since March 25th. The sudden surge in demand, particularly on domestic exchanges, has caught the attention of market observers, who point to the country's history of fervent support for rallying cryptocurrencies. South Korean traders are renowned for their enthusiasm for digital assets, often driving rapid price increases through collective buying fervor. This characteristic, often referred to as the "Korean premium," has been a significant factor in the cryptocurrency market, particularly during periods of heightened optimism. The recent surge in trading volume and price appears to be fueled by growing expectations that the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end. A favorable outcome for Ripple could significantly impact the price of XRP, as it would likely clarify the regulatory status of the token. Data indicates that XRP's trading volume on South Korean exchanges has dramatically outpaced that of Bitcoin, the world's largest cryptocurrency. This unusual dominance highlights the intense focus on XRP among South Korean traders. Some analysts suggest that the token's performance in the Korean market could serve as a leading indicator for broader market trends. While the current surge in XRP price is undoubtedly exciting for investors, it's essential to approach the market with caution. The cryptocurrency market is highly volatile, and rapid price Moreover, the outcome of the Ripple-SEC case remains uncertain, and any negative developments could have a significant impact on XRP's price. Traders should carefully consider their risk tolerance before investing in XRP or any other cryptocurrency. Despite these caveats, the recent surge in XRP trading activity is a testament to the enduring appeal of cryptocurrencies in South Korea. As the legal landscape for digital assets continues to evolve, the country's role as a global cryptocurrency hub is likely to grow. Disclaimer: This article provides general information and should not be considered financial advice. Investing in cryptocurrencies involves significant risks.
Long
by bryandowningqln
XRP Weekly Breaking Through Lines I’ve Had Drawn For Years Recent price action has sent the weekly candle above this multi year triangle I have drawn on the chart here. I have left this wedge formation untouched for years. It has been interesting to see it following so well. With every day the sentiment towards seamless transactions and secured digital money are more of a reality. All while fiat is silently hyper-inflating. I am bullish and long especially if the weekly candle closed above the line of resistance. I will re-evaulate upon the weekly close and following weeks.
BITSTAMP:XRPUSDLong
by observingthetrade
XRP : buy 0.55 $Technical Analysis of XRPUSD Buy Signal 🚀📈 AhmadArz Analysis: In the 4-hour XRP/USD chart from TradingView, a clear upward trend is observed. The prices are consistently moving within an ascending channel 📊 and have recently reached a new local high. This chart highlights optimal entry and exit points for a successful trade. Entry Point: The suggested entry point is around $0.61122. This point is near the middle line of the ascending channel, making it a good entry for continuing the upward trend. 📈 Stop Loss: The stop loss is set at $0.50705. This level is below the previous support and indicates the end of the current upward trend if breached. 🛑 Take Profit Levels: TP1: $0.59686 TP2: $0.63724 TP3: $0.68110 TP4: $0.73448 These profit targets are set progressively as the price reaches higher resistance levels, allowing the trader to exit the trade gradually and lock in profits. 💰 Important Points: Ascending Channel: The black lines indicating the channel represent dynamic support and resistance. Prices continuously move between these lines. 📊 Strong Trend: The steep slope of the channel indicates a strong upward trend, increasing the likelihood of this movement continuing. 🚀 Entry and Exit Points: The selection of entry and exit points is optimized using technical analysis to provide maximum profit with minimum risk for the trader. 📈 This analysis serves as a practical guide for traders looking for optimal opportunities to enter the market and profit from strong trends.
BITSTAMP:XRPUSDLong
by ahmadarz
Ripple (XRP): brief price analysisXRP has been stuck between $0.57 and $0.64 for the past few days, indicating a balance between supply and demand. The upsloping 20-day EMA ($0.57) and the RSI near 63 suggest that the bulls have the edge. The XRP/USDT pair could rise to $0.64, which is an important level to watch out for. If buyers clear this hurdle, the pair may pick up momentum and surge to $0.74. Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it will signal that the bears have seized control. That may start a slide to the 50-day SMA ($0.51).
by paul_endeo
XRP AND THE TUG OF WAR! ⚡️ Hey hey, hope everyone's well as always, wanted to make a real quick tune in and follow up to our last idea so let's take a quick look and here's a chart and link to our previous idea for reference and thanks for tuning in: ⚡️ In that previous idea we we're considering XRP either getting ready for a breakout or possibly falling and on that note I'll attach a 30 minute chart which will help us look at things on a better scale: ⚡️ Off the chart we can see that since our previous idea, we have in fact exited that ascending channel however we haven't fallen! Instead we can see this fight that's playing out between bears and bulls. Based off past trading action most of you guys that have been with me already understand what we're looking at. We've got a horizontal channel which has formed or a 'tug of war' as I like to call it! ⚡️ Based off what we can see it's easy to identify our support and resistance levels which I'll be setting some alerts for, those alerts at 0.59 and 0.60 should help us keep tabs on when price really moves. With this horizontal channel having formed it's a tug of war between both teams until we get a break out of the channel, what matters then, will be which way we break out of the channel notably. ⚡️ You already know, we break below the channel and lose that 200 EMA then chances are more than likely we'll fall till we hit another strong support level which we can't be certain of since we don't exactly have any levels on the local timeframe so definitely be wary if we do fall and watch my solid horizontal levels below for support at 0.541 and 0.55 if it comes down to that scenario. That being said and all, we can always break to the upside and get a breakout, that's a possibility of course but there's one thing I'd like to say before finishing this idea. ⚡️ XRP is in a crab market currently which is a stock trading reference to a market that's a bit indecisive, basically meaning that the market's trading in a sideways and rather neutral manner, things may not exactly be bullish but they aren't bearish either, lately what's been driving price action the past few weeks has been these channels we've been moving through, not news as we've become perhaps a bit too accustomed to this year with so many announcements and events. ⚡️ So please do take that into account, the markets in sort of a neutral territory right now and we may be in this sort of stagnant up and down cycle for a bit until we get some news or some real catalyst and reason for traders to either be bullish or bearish, that's more than likely why price action has been rather slow these past few weeks. ⚡️ I've got to run, busy day as usual but thanks for stopping by and I'd love to hear some thoughts from you guys as always, simply doing what I can and sharing a thought or two when I can. Thanks for the support as always, make sure to keep tuned and blessings till next! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP: Outperforming Bitcoin and EthereumThe cryptocurrency market is a volatile landscape, marked by sudden shifts in investor sentiment and regulatory uncertainty. Amidst this turbulence, XRP has emerged as a standout performer, outpacing both Bitcoin and Ethereum. This exceptional performance can be attributed to several key factors, including its unique value proposition, technological advancements, and the evolving regulatory landscape. Unlike Bitcoin, which primarily functions as a digital store of value, XRP is designed to facilitate fast, low-cost, and global payments. This focus on utility has made it particularly attractive to financial institutions and remittance services seeking to streamline cross-border transactions. Additionally, XRP's consensus mechanism, which is significantly faster and more energy-efficient than Bitcoin's proof-of-work, provides a compelling advantage. While offering smart contract functionality, Ethereum has faced scalability challenges that have impacted transaction speeds and costs. XRP, on the other hand, has been engineered to handle high transaction volumes efficiently. This superior scalability makes it a more viable option for real-world applications, such as payments and remittances. A crucial factor driving XRP's recent outperformance is the improving fundamental backdrop. The long-standing legal battle between Ripple and the SEC has cast a shadow over the cryptocurrency. However, with Ripple CEO Brad Garlinghouse expressing optimism about a resolution in the near future, investor confidence in XRP has been bolstered. A favorable outcome in the lawsuit could potentially unlock significant institutional investment and propel XRP to new heights. Furthermore, XRP's growing ecosystem of partnerships and integrations is solidifying its position as a leading player in the global payments landscape. By collaborating with financial institutions and payment providers, XRP is expanding its reach and demonstrating its practical utility. This expanding network effect is likely to attract more users and investors, further driving price appreciation. While XRP's performance has been impressive, it is essential to approach any investment with caution. The cryptocurrency market remains highly volatile, and regulatory risks persist. However, the confluence of XRP's unique value proposition, technological advantages, and improving fundamentals positions it favorably for continued outperformance in the long term. As the broader cryptocurrency market matures and institutional adoption accelerates, XRP's focus on utility and scalability could give it a significant competitive edge. Ultimately, the decision to invest in XRP should be based on thorough research, risk tolerance, and a long-term investment horizon. By carefully considering these factors and staying informed about market developments, investors can make informed decisions about whether XRP aligns with their investment goals.
by bryandowningqln
Why is XRP ranging? I was expecting this range and i told you in my previous idea. But why? XRP is a news coin, that pump and dump following the news about the legal case. There are lot of rumors now about a settlement. The actual price is a range zone, where we have volumes and liquidity. That's why i was expecting a range here. Probably, here orders are accumulating and retails will short, while whales will manipulate the price once again before pumping the price. I expect a legal resolution this year, and a new ATH BTW, it's always me, ex CFG, just decided that a rebrand was needed
BITSTAMP:XRPUSDLong
by SaliJournal
GTAI/USDT : Keep an eye on this Demand Zone (READ THE CAPTION)Alright, let's dive into another analysis of #GTProtocol ! As you can see, the price moved exactly as expected. It started to rise from the demand zone I had identified and achieved a solid 25% growth, hitting the target at $0.91 where the liquidity pool was located. This was followed by a price correction. Over the past two weeks, this analysis has yielded a total return of over 65%! Now, the price has returned to the demand zone between $0.63 and $0.67. If it stabilizes above this crucial level, we can anticipate another upward move. The expected short-term return is 40%, and in the medium term, it could exceed 70%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
XRP READY TO FALL OR BREAKOUT? ⚡️ Hey hey, hope all is well, wanted to come through with a quick ta before we catch some sleep so feel free to tune in for a quick read, and thanks as always. ⚡️ Since my last post we've managed to avoid falling further instead now forming what's become this ascending channel which has helped us to get all the way back up and break past 0.61 again before we understandably hit that resistance at 0.63. ⚡️ Being where we are right now, it's been great that we've managed to avoid losing this ascending channel, not to mention we've avoided losing our 200 EMA on the 45 minute timeframe but whether or not we can continue that will likely come to be seen within the next few hours, if not sooner. here's that 45 minute chart below: ⚡️ I've added a few annotations but the 45 minute chart helps us see things pretty clearly, since our original test of support at 0.54 and thanks to this ascending channel we've managed to avoid crossing paths with our 200 EMA only touching once before bulls helped with a big buy order to push us back up and avoid crossing. ⚡️ That being said, we failed to break above 0.63 and form a higher high, now that doesn't mean we're instantly bearish, we can see that we hit that resistance at the ascending channel's top, just like we have our support line which has helped us avoid falling further, we're gonna have our resistance line as well, simple enough. ⚡️ To keep things short and simple, bulls want to keep within the ascending channel and aim to break 0.63 for a possible breakout and bears will want us to lose our channel. If we slip and fall out the channel and our bars end up crossing paths with that 200 EMA again, then expect bears to take a lead and push us down like we went through last time. I'll be watching the 20, 50 EMA's to see if they flip, so far they haven't but if they do flip and cross over each other again then watch that 200 EMA for bearish or bullish confirmation depending on whether we can avoid or if we do end up crossing over that 200 EMA. ⚡️ I have to go, simply wanted to put out something quick for you guys, curious to see how this plays out over the next few hours and days! Keep tuned for that of course, talk to you guys in a bit and thanks for the support as always! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
3
XRP bullish ideaI don’t know what’s going on behind closed doors at the Ripple office, but the chart certainly looks interesting. Looking at the daily chart, we can see the price action is approaching a 36 (3+6=9) month old horizontal resistance/support zone. “If you only knew the magnificence of the 3, 6, and 9, then you would have the key to the universe.” Nikola Tesla. Going back to July 2023, we see the market exploded past key resistance, resulting in a ~97% gain in a single day. This indicates the market is closely watching that level. There is also a successful break of a 4 month diagonal resistance, building up momentum. On top of that, XRP could be coming out of an accumulation phase that lasted approx 800 days. ( 800 Days in crypto is 8000 days in normal life) Let’s not forget that XRP is an ISO20022 compliant cryptocurrency. Additionally, Ripple is listed on almost every existing exchange, making it accessible to buy for anyone on the planet and possibly beyond. Moreover, CNBC's Fast Money streamed how to buy Ripple at $2.57 back in January 2018. With XRP currently trading at approx a 75% discount since then, it would need to pump by approx 370% to return to that level. Overall, should XRP break the key level of ~$0.55, the next key zone would be ~$1.3.
BINANCE:XRPUSDLong
by Krokzi
Is Ripple (XRP) back to bullish cycle? – price analysisThe bears pulled XRP below the breakout level of $0.57, but they could not sustain the lower levels. This suggests aggressive buying on dips. The bulls will try to push the price above $0.64, setting the stage for a move to $0.67 and later $0.74. Sellers are expected to defend the $0.74 level with all their might. If the XRP/USDT pair turns down from $0.74, it will signal that the range-bound action may continue for a few more days. The $0.57 to $0.54 zone is expected to act as a strong support on declines. A break below the zone will tilt the advantage in favor of the bears.
by paul_endeo
XRP Might Undergo a Big Move as Technical Flash BullishBINANCE:XRPUSDT has shown a series of upward movements in recent sessions, reflecting a bullish sentiment in the market. Recent closing prices have displayed a steady climb from $0.5946 to $0.6123, suggesting an overall upward trend. The 9 EMA (Exponential Moving Average) has crossed above the 20 EMA, further signaling a bullish trend. This crossover is a key indicator that the short-term momentum is in favor of the bulls, potentially attracting more buying interest. Meanwhile, the MACD (Moving Average Convergence Divergence) indicator also supports the bullish outlook. The MACD line has consistently stayed above the signal line, with a positive histogram indicating increasing momentum. Rising MACD values also suggest that the bullish momentum is gaining strength, and the crypto could see further upward movements if this trend continues. However, traders should be cautious as the histogram values are showing signs of slight divergence, which might indicate a possible slowdown in the momentum. The RSI (Relative Strength Index) is currently in the range of 64 to 65, which is below the overbought threshold of 70. This indicates that while the asset is experiencing bullish momentum, it has not yet entered the overbought territory, leaving room for further upward movement before a potential pullback. The next key resistance level to monitor is $0.626. A break above this level could pave the way for further gains, potentially attracting more buyers into the market. On the downside, immediate support is seen at $0.5822. A drop below this level could indicate a reversal of the current trend, leading to a test of lower support levels at $0.5494 and $0.528. For traders looking to enter long positions, a break and close above the $0.626 resistance level could be a good entry point, with a potential target towards $0.65 and higher. On the other hand, if the price fails to break above this level and starts to show signs of weakness, short traders might consider entering around $0.626 with a stop loss slightly above this level to manage risk. For those looking at short positions, a break below the $0.5822 support level could provide an entry opportunity, targeting the lower support levels of $0.5494 and $0.528. It's essential to keep a tight stop loss just above the entry point to protect against potential false breakouts. Overall, the technical indicators for the XRP price on the 4-hour chart are currently bullish, suggesting potential upward movement. However, traders should remain cautious and closely monitor the key support and resistance levels to manage their trades effectively.
Long
by Ecoinimist