XRPUSD: Start accumulating. Big move incoming.XRPUSD is neutral on the 1D technical outlook (RSI = 51.497, MACD = 0.005, ADX = 27.267) as the price is consolidating on the 1D MA50, corresting October's rise. We are expecting a few more days of consolidation as the accumulation pattern appears to be similar with February's and early March. On both patterns the presence of a LH trendline serves as a bullish trigger signal once crossed. It is a Triangle formation just as the RSI is inside a Cup. Our target if the LH trendline breaks, will be the R1 level (TP = 0.9200).
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Ripple
The dreaded 4 o'clock candle of death! Market manipulation!As we all know, there's a group of people that will never be held accountable, that regulators will never bother, for whom 'ethical standards' do not exist, that constantly, and consistently manipulate the price of XRP to the downside while the vast majority of traders are tucked in bed asleep, clueless and oblivious, why their stop-losses are taken out, and in most cases long positions are being completely liquidated, and the majority of their hare-earned profits are stolen from them by large accounts.
It's called 'the dreaded 4 o'clock candle of death' for those of you aren't aware.
Even though every transaction is clearly registered on the blockchain for the world to see. Even though we can all see the accounts responsible. Even though it's clear manipulation, and clearly illegal.. NOTHING WILL EVER BE DONE ABOUT IT!
Pack your bags, accept your losses and move on because money isn't the name of the game - 'control' is!
P.S. Never leave your position open overnight if you're trading with leverage, because 'THEY' will come for your profits, and nothing will ever stop it, it will never change, it's just how the game is played - more for 'THEM' and less for everybody else.
Welcome to the unregulated wild-wild-west of trading.
HelenP. I Ripple can make small movement up and then bounce downHi folks today I'm prepared for you Ripple analytics. Some time ago price declined to the 0.6700 resistance level, which coincided with the resistance zone, and in a short time broke it. After this, the price some time traded near this level and then continued to decline to the 0.6000 support level, which coincided with the support zone. As well, Ripple entered to consolidation, where it first tried to rise, but failed and declined until to support zone. Later XRP rose higher than the 0.6000 level, but soon price fell back to the support zone and even lower. After this movement, Ripple rebounded back to consolidation, made a correction to the support zone, and continued to trades in this range. A few time later price rebounded from this zone and rose to 0.6400 points, but recently it a little fell. For this reason, I expect that Ripple can make a small movement up and then rebound down to the support zone. That's why I set my target at the 0.5900 level, which is located in this zone. If you like my analytics you may support me with your like/comment ❤️
🔥 XRP: The Biggest Bull-Flag In Crypto Will Break Out SoonXRP has been trading inside a consolidating pattern since the massive pump at the height of the 2017-2018 bull-market.
During this time, the price has made higher-lows and lower-highs, forming a triangle pattern, which I classify as a bull-flag since it has been formed directly after the 7,000x in 2017.
This huge pattern will explode at some point in 2024, with the most likely move being a bullish one with the halving in mind.
My target for the break out is placed at 25$. It might be too high, but ADA also made a top 6x higher than the previous one last cycle, so why not? With a relatively tight stop and a far target we're able to create a signal with a risk-reward of almost 80, a potential game changer for anyone's portfolio.
XRP price fractalsWe've seen the 3 stage breakout pattern twice in XRP on the weekly chart.
The first level gained magnitude from the 1st level breakout to the 2nd level. Assuming that the next XRP breakout from the 2nd to the 3rd level is at a minimum equal, here are the projected price patterns you can expect.
Keep in mind that if the fractal pattern continues, then the accent to the 3rd level will gain magnitude over the 2nd and will be larger than the estimate below.
First wave - $5.28
Second wave - $29.13
Third wave - $289.8
🌊 XRP AND CALM WATERS 🌊FOLLOW UP 🌊 Felt like making a quick follow up to yesterday's chart so we're here now, thanks for stopping by as always. much appreciated!
🌊 Anyway, we're still within this consolidation channel and XRP has indeed regained that 200 EMA on the 1 and 2 hour timeframes which is a pretty good technical to see but we'll need some more confirmations such as a break above 0.624 to get a bullish trend. RSI is confirming price action for us so there is that as well.
🌊 Just as we already noted, main thing is that we exit this consolidation channel to the upside which will by which our catalyst will likely be news of some sorts as that's usually what sets off these major trends and waves as we sometimes get to see.
🌊 Fundamentally wise we don't have much for new developments so as to why price has been relatively calm the past few days. So to watch, that 200 EMA and our consolidation channel to see whether or not we can break up and out of it above that 0.624 mark to get some good price recovery action going which will likely be seen in the next few weeks.
🌊 Leaving the idea here for now, I have to attend to some things but thought it'd be good to jot down some quick things and share some quick thoughts for the day with you all. That's about it and thanks for stopping by, feel free to leave any likes or follows as always, helps me out bit by bit!
~ Rock '
SUN/USDT 1D. Main trend. Secondary. Local. All main details.Coin Sun. This is an altcoin from the TRX ecosystem. Other coins in this ecosystem are: NFT, JST, BTTC(BTT), TRX.
On the backstage of XRP rise(China money partly) TRX class of assets also look very interesting.
In this idea i'll share my view on SUN from TRX group of assets.
From the beginning of the trading history coin has been dumping, which is basic for almost every altcoin.
After reaching certain prices trend reversed and broke the main downtrend.
After that the retest followed and that was also the moment of the beginning of big diamond forming.
I remind you that diamond is a reversal of the trend pattern, also consider the timeframe it's forming on(the bigger the TF the stronger the formation).
This diamond is forming already for something about 400 days.
Local and midterm trends are shown on the chart. Also consider the volume spring shown, which means that there's a potential for big impulse soon.
Local targets and zones are shown on the chart.
Capitalization of this coin is 55m$ as for the moment of writing. So there's quite a potential of 10x on the high of the trend. This will be 666 zone...
Ripple can exit of range and then continue to grow to 0.6750Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price started to decline in a downward channel, where it first reached the resistance line and then in a short time declined to the 0.6750 resistance level, which coincided with the seller zone. then price broke this level, made a retest, and declined until to buyer zone, breaking the 0.6000 support level. But soon, Ripple rose back and even exited from the channel. Also then, Ripple started to trades in a range, in which it tried to rise higher, but failed and declined back to the support level, which coincided with the buyer zone. Then XRP some time traded near this level and bounced up. Now, I think that Ripple can continue to move up to the top part of the range and try to exit from it. After the price exit from the range, it makes a retest and continues to move up to the 0.6750 resistance level, where is located my target. Please share this idea with your friends and click Boost 🚀
🌊 XRP AND CALM WATERS 🌊🌊 Been a bit busy these past few days with a lot going on at home but I wanted to stop by and give some quick words regarding what's up right now and what we could possibly be facing in the next few months.
🌊 One thing to note is that today the SEC is meeting behind closed doors to discuss a couple topics which range from Institution and settlement of administrative proceedings. resolution of litigation claims, matters related to litigation, etc. Main one is the resolution of litigation claims being that while not named direct likely includes the discussion of the XRP case by which the SEC is likely looking to figure out some form of resolution and with any luck bring this thing to a close. Below is a link to the SEC notice detailing the meeting subjects.
www.sec.gov
🌊 XRP's been pretty stagnant since my last post with us seeing some relatively calm waters, a stark contrast to what we've seen the past few weeks no doubt. Seems we're in this consolidation channel between what's basically 0.59 and 0.624-3 so I'm keeping an eye out on that for now.
🌊 Chances are it'll be news that contributes or kickstarts our next major move, trend so definitely keep an eye out for any news. Fundamentals aside technically we're having trouble finding a grasp on our 200 EMA ever since we had that mountain fall and lost it on the 16th but then again we've got this consolidation channel so even without the 200 EMA right now we're not too bad thanks to that technicality though fall again below 0.59 and it'll definitely be choppy.
🌊 I have to leave but wanted to get some quick things out, I don't have any price targets right now just because we're in this point of consolidation with the market looking for the next trend. I see us going up in the next few months just with how the market's slowly coming out of this winter it feels and we'll be getting more legal clarity over the next few months so that fundamental is a good note.
🌊I have to go but all the best to you guys! Thanks for stopping by as always, really appreciate it.
~ Rock '
Cardano Founder and XRP Community Are at Each Other’s ThroatsThe truce between Cardano founder Charles Hoskinson and the XRP community is broken with conspiracy theory allegations.
The truce between Cardano founder, Charles Hoskinson and members of the XRP Community is currently being threatened following the recent spat on X over the role of Ethereum’s core developer Joseph Lubin in the regulatory crackdown on Ripple Labs Inc. by the United States Securities and Exchange Commission (SEC).
Cardano Founder and XRP Community Truce Broken
The root of the current spat stems from a recent interview granted by Hoskinson in which he tasked leaders in the community to stop spreading “conspiracy” theories over the alleged bribery of SEC officials to go after XRP through Ripple Labs while giving Ethereum and Bitcoin a free pass.
XRP Community member Mr Huber (@Leerzeit) called out Hoskinson for painting the community in a way that makes them look ridiculous and embarrassing to the public. Hr Huber said the Cardano Founder has done this over the past 2 years despite his offering of peace.
Responding, Hoskinson maintained his position saying that irrespective of the social volume of posts shared on this matter, it does not negate the fact that there is no evidence to substantiate the claims that Joseph Lubin, ConsenSys founder sold out XRP as the community claims.
Charles Hoskinson said while waiting for evidence from the XRP community, he will maintain his position that the claims Ethereum was favored at the expense of XRP remain untrue.
Conflict of Interest at the SEC?
Connecting the odds between XRP, Ethereum, and the SEC relationship at the time the SEC lawsuit was filed is a strong debate in the crypto ecosystem today, with many pro-crypto lawyers sharing their takes on the matter. The conflict of interest that John Deaton has pointed out now stems from the relationship between Jay Clayton’s law firm Sullivan & Cromwell and ConsenSys, whose fortune rests entirely on Ethereum.
With Jay Clayton stepping away from his role at the SEC days after the historic Ripple Lawsuit was filed to join One River Asset Management, a firm with deep stakes in Bitcoin (BTC) also lends credence to the assumption that the crackdown on XRP at the time had more to do than just matters of the law.
Ironically, Cardano (ADA) has also been marked by the SEC as an investment contract, a positive that places Charles Hoskinson in the same position that Brad Garlinghouse was back in December 2020.
Another Whale Dumps 46 Mln XRP, Price to Tumble Below $0.60The XRP cryptocurrency once again caught the eyes of crypto market enthusiasts as the token noted a substantial increase in whale activity as of today, November 30.
As per on-chain data, a whale was noted transferring over 46 million XRP to centralized exchanges in a series of transactions. The increase in whale activity comes amid the price plunge witnessed by the XRP token.
Whale Transactions: Report
Whale Alert, a platform offering blockchain-tracking insights, recently unveiled the data showcasing the whale transfers. As per the data, two whale transactions attracted massive attention within the broader crypto market.
The first transaction was done by an unknown wallet, 4wf7enWPx…5XgwHh4Rzn, transferring 25.10 million XRP to a centralized exchange, Bitstamp. The amount of tokens transferred to Bitstamp totaled a whopping $15.29 million.
Additionally, the second transaction that caught the eyes of investors and traders within the industry transferred 18.50 million XRP to another exchange, Bitso. Reportedly, the same unknown wallet mentioned above was noted transferring XRP to Bitso, a Mexico City-headquartered digital asset exchange.
Following the dumping of XRP to exchanges, the token’s price also noted a slight fall. The price plunge witnessed by XRP appears to fall in line with the recent dumping of XRP to CEXs.
XRP Price Plunges
At the time of writing, the XRP price witnessed a marginal fall of 0.51% in the past 24 hours, evaluating $0.6053. Furthermore, the token also noted a slight decrease of 1.06% over the past week, along with a 4.28% monthly downswing.
Moreover, one of the leading crypto analysts within the industry, Dark Defender, stated that the community expected the XRP to complete Wave 1, hitting the $0.66 mark on November 24. Subsequently, Wave 1 reached the $0.64 mark on November 26. Furthermore, the Ripple community expected a retrace after Wave 1 and got retraced to $0.6, as per the recent remarks made by the crypto analyst.
Based on the actual structure, $0.64, CRYPTOCAP:XRP is expected to target the $0.75 mark, along with the $0.83 mark in the short run.
Long XRP here to 73 CentsI really like XRP at this level. The 58 cent level proved it is legit support and XRP now looks to have formed a bull flag which it is at this moment attempting to break out of. All moving averages are on the underside of us assisting the 58 cent level in supporting price. Additionally, we have touched that RED line (see RSI) yet again and everytime we do so a decent pump has followed. I'm long to 73 cents with my SL at 53 and a RRR of 1.5. My stops are rather loose. Others may tighten that up to increase the RRR pending risk tolerance.
None of this is fin advice.
Best,
Stewdamus
RIPPLE - Price can bounce up from support level to $0.6540Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price started trading inside falling channel, where it soon broke $0.6860 level, which coincided with resistance area.
After this, price declined to support line of channel and then tried to rise, but reached resistance line and then fell lower.
Ripple declined until to support level, which coincided with support area, and even soon declined to this area.
But later price bounced and rose higher than support area and later it exited from channel and tried to rise.
But Ripple failed and now trades near $0.6000 level, and I think price can bounce from this level to $0.6540
If this post is useful to you, you can support me with like/boost and advice in comments❤️
💎 $XRP : The Price will Pump again ? (READ THE CAPTION)By checking the Ripple chart in the daily time frame, we can see that the price is trading in the range of 0.6045 and if the price can stabilize above the level of 0.5730 in the next week, we can still expect growth from this cryptocurrency, otherwise Considering that Ripple is below a supply range, selling pressure may increase and soon we will see targets below 0.5730! This chart will be updated!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
💎 $ETH : What a Bullish Move, Will it continue ? (READ CAPTION)As you can see, after the last analysis, Ethereum managed to continue its growth and hit the targets of $2050 and $2140! Currently, the very important support of $1,850 to $1,910 has caused the price to maintain its demand pressure, and if it succeeds in stabilizing above $2,070, we will probably see more growth from Ethereum, whose next targets will be $2200, $2600 and $3300 respectively! Currently, the resistance between $2,050 and $2,140 has prevented further price growth, and we have to see if Ethereum can break this important resistance or not! The efficiency of this analysis is more than 35% so far !
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
💎 $BTC : Going Higher and Higher ? (READ THE CAPTION)As you can see, according to the previous analysis, Bitcoin corrected up to ($35,600) the support range that we talked about ($34,100 to $35,500) ! and after that it was again accompanied by demand and was able to finally grow above $38,000. The price is currently trading in the range of $37,900, and if it stabilizes above $37,990, we will probably see Bitcoin grow further to higher targets such as $39,900 and $44,000!
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
XRP CALM BEFORE THE STORMXRP recently broke out of its down-ward channel. Its now aiming for the $0.7 price point with analysts predicting up to $10k per XRP but realistically will be more like $10 or $100 price point. With that all being said, it is still very possible to reach 3,4 or even 5 digit price point as XRP is still very undervalued.
HelenP. I Ripple can decline a little more and then start riseHi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how the price rebounded from the support area some days ago and made a strong impulse up to the trend line, thereby breaking 0.5900 and 0.6700 levels. But then Ripple started to decline and in a short time fell below the 0.6700 level, which coincided with the resistance zone. Price some time trades close to this level and tries to back up, but fails and declined lower to the support level. Next, Ripple rebounded from this level and rose to the trend line, after which it at once rebounded and fell to the support zone. Then the price made impulse up higher than this level and even soon broke the trend line. After this, Ripple made a retest and a little rose higher, but recently it started to decline. Now, I expect that the price can continue to decline to the support level and after Ripple reaches this level, it rebound and start to move up. That's why I set up my target at the 0.6400 level. If you like my analytics you may support me with your like/comment ❤️