Get started

Rippleusd

Ripple XRP Intraday Trade Setup XRP pushed through $0.54 failed to sutain price action above it and now is having a bearish pullback. However, as long as it is trading above $0.5276, a re-test of $0.5549 is very likely. A bullish break-out of $0.54 will offer more upside towards $0.5549 and, possibly, higher to $0.5790. Another re-test of $0.5276 followed by a bullish rejection and a break-out of $0.54 will lead XRP price to $0.5549 and, possibly, higher to $0.5790. Find more details in signature!
Long
by Trade-Lean
XRP - 29c back on the cards for Cripple? 📉Hi Traders, Investors and Speculators of Charts📈 XRP has once again disappointed by being one of very few coins that did not rally during the recent BTC surge, which ultimately led to a new ATH. You would expect more from one of the altcoins-Titans, but unfortunately the fundamentals for XRP are looking terrible (at best). 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 trading at all time lows (again) so if you ever did want to buy (for some reason), this would probably be a good time. The multiyear triangular consolidation keeps on heading lower and lower, each breakout failing into a further decline of value-loss against BTC: The only thing I can really say about this... is that it is utmost disappointing. XRP has become a pool of liquidity to just drain and drain, dominated by sellers every time there is an upward trend in the market. The XRP market cap is getting smaller, and there isn't much growth happening on the ledger. XRP reserves help by executives is just a quick buck for Ripple to fund their slow-bleed company. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:XRPBTC BINANCE:XRPUSDT
Short
by CryptoCheck-
Ripple XRP price. Global view of the chart on weekly timeframe😱If you believe in fairy tales that CRYPTOCAP:XRP can be worth $10 , then please prepare your psyche for the reality that #XRPUSDT has every chance of dropping to $0.20 Now, after a cold shower, let's take a look at the chart. According to the wave analysis, there is no final answer yet: has the bottom of wave -2- already been reached or is it still ahead? 👉 If the #XRPUSD price can't be pushed below $0.40-0.45 in the coming weeks, then there will be a ray of hope that the "bottom has already been there". This will mean that the price may eventually start to grow by blue scenario. 👉 If no one "holds" the price of #Ripple, then "hello" $0.20-0.21. If you buy XRP there, you will be officially initiated into the sect of "$10=XRP witnesses" founded by desperadoes people in 2017. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
XRP Recovers From Weekend Massive Decline up 3.20%The CRYPTOCAP:XRP cryptocurrency has recently experienced a noteworthy recovery, having surpassed its weekend low of $0.41 and climbed back above its $0.50 support level. The recovery can be attributed to a recent proposal by Ripple developers regarding the creation of a native lending protocol on the XRP Ledger. This protocol aims to enhance the platform's DeFi capabilities by enabling users to lend and borrow digital assets directly from the CRYPTOCAP:XRP Ledger. The native lending protocol proposed by Ripple developers, Aanchal Malhotre and Vito Tumas, focuses on three specifications: XLS-64d (Pseudo-account to track balances and issue tokens), XLS-65d (Single Asset Tokenized Pool), and XLS-66d (Native XRPLedger Lending Protocol, provide liquidity for assets). Liquidity providers would be able to deposit tokens such as CRYPTOCAP:XRP , wrapped Bitcoin (wBTC), and wrapped Ethereum (wETH) into a lending pool and earn interest. Pool delegates would manage these pools, attract capital, and provide loans. Borrowers and pool delegates would agree on loan terms off-chain and record them. The protocol would enable fixed-term loans and pre-set terms for interest accrual, thereby bypassing the need for off-chain underwriting, risk management, and a first-loss capital protection scheme in the event of default. If the proposal is accepted and the lending protocol goes live, it would promote financial inclusion, transparency, and efficiency on Ripple's native blockchain. Additionally, the protocol has the potential to attract developers to build and integrate lending Decentralized Applications (DApps) on the blockchain and address a wide range of use cases. However, developers are yet to announce a timeline for the proposal's implementation. Based on Technical Outlook, the altcoin has made a comeback above $0.50, having swept the $0.4188 lows for the first time since May. The $0.50 round level represents key support for CRYPTOCAP:XRP , as the altcoin has broadly sustained above this threshold since February. In the event of a decline, XRP price could find support at $0.4117 and faces resistance at $0.5310 (the 50% Fibonacci retracement of the altcoin's drop from the April 9 peak of $0.6431). The Relative Strength Index (RSI) has recovered from its decline below 30 (the oversold region) and climbed to 34.13 on Monday. However, the RSI continues to signal little momentum. The Daily Price chart shows an "Inverted Hammerhead" indicating bullish bias.
Long
by DEXWireNews
ASK ZOLI : When will XRP go PARABOLIC?🔮📉Hi Traders, Investors and Speculators of Charts📈 Cryptocheck tries out TradingView's new Tarot Cards tool called Zoli, a fun tarot game aimed to entertain and/or compliment your analysis! Upon entering, you are met with the following screen: You then get to pose your question to Zoli, who will now ask you to select three cards from the deck: The aesthetics are beautiful, and you're in for a mystifying treat! But remember, you only get to try your luck once a day! Overall, it was a fun and interesting experience. Behold the results for thyself: www.tradingview.com Find here the real XRP analysis, complemented by Zoli the Tarot Reader😉 _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck
by CryptoCheck-
XRP Holders on Edge: Navigating Legal UncertaintyRipple ( CRYPTOCAP:XRP ) finds itself embroiled in a legal saga fraught with uncertainty. Recent developments surrounding a federal judge's ruling against Coinbase have reignited speculation and raised concerns among CRYPTOCAP:XRP holders about the potential implications for the ongoing legal battle. The crux of the matter lies in Judge Analisa Torres' previous verdict affirming XRP's non-security status—a decision that has been called into question following Judge Failla's refusal to consider it as precedent in the Coinbase case. Instead, Judge Failla opted to lean on the analysis of Judge Jed S. Rakoff, who cast doubt on Torres' ruling and emphasized the Securities and Exchange Commission's (SEC) jurisdictional arguments. Judge Rakoff's stance has cast a shadow of uncertainty over XRP's regulatory standing, prompting speculation that Ripple Labs may consider a settlement to mitigate legal risks. The possibility of revisiting Judge Torres' ruling and the potential for a new appeal from the SEC loom large, underscoring the complex legal landscape Ripple must navigate. Amidst mounting legal pressure, Ripple CEO Brad Garlinghouse and the company's Chief Legal Officer, Stuart Alderoty, were recently spotted outside a New York courthouse, fueling speculation of a forthcoming settlement conference. This development hints at Ripple's willingness to explore alternative paths to resolution as it seeks to mitigate legal uncertainties and restore investor confidence. The implications of Ripple's legal battle extend far beyond the courtroom, reverberating throughout the cryptocurrency market and impacting investor sentiment. With regulatory clarity remaining elusive, stakeholders are left to grapple with the uncertainty surrounding XRP's regulatory status and its broader implications for the cryptocurrency ecosystem. As Ripple ( CRYPTOCAP:XRP ) teeters on the precipice of legal uncertainty, the path forward remains fraught with challenges and complexities. Whether through litigation or settlement, the resolution of Ripple's legal battle will undoubtedly shape the future trajectory of CRYPTOCAP:XRP and influence the broader regulatory landscape for cryptocurrencies.
by DEXWireNews
4
Cryptolean Ripple XRP Update Yesterday, XRP dipped to below the key daily support at $0.593 and we need to wait for today's daily candle closure. I would like to avoid a sustained price action below $0.593. An inability to sustain the price action above $0.593 will lead to a decline to $0.543 and we will see a considerable slow down in the price momentum. A bullish break-out of $0.593 will result in a re-test of $0.65-$0.675 zone. Intraday chart In the 4-Hour chart of XRPUSDT, the #Ripple coin is in the bearish territory and teasing the intraday support at $0.586. A bullish rejection of $0.586 could push #RippleXRP price for a re-test of $0.618, and possibly higher to $0.68. A ibearish break-out of $0.586 will result in another bearish dip towards $0.519-$0.547, the next key intraday support zone.
by Trade-Lean
2
Cryptolean Ripple XRP UpdateNow, XRP lacks the momentum, however, it will change soon. Today, it again tested the key daily support at $0.593 and we saw a bullish rejection. It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93. A daily candle closure above $0.675 will result in a bullish rally towards $0.73 and, possibly, higher . An inability to sustain the price action above $0.59 will result in price slowly declining towards $0.54. IMPORTANT: XRP Satoshi Price is under pressure due to a bullish Bitcoin Dominance, while XRPUSD chart is consolidating in the narrow range. Once Satoshi price of XRP in the #XRPBTC chart finds a support that could happen at 810 Satoshi and reverses, XRP price will shoot up. Intraday Chart The sentiment for the #XRPUSDT 4-Hour chart is neutral A bullish break-out of $0.628 will push #RippleXRP to the key intraday resistance zone of $0.69-$0.72, however on the way to this zone, #Ripple coin will have to deal with a resistance at $0.657. A inability to break through $0.628 will result in another bearish dip to $0.602 or, lower, to $0.575 that could lead to a bullish rejection towards $0.69-$0.72 and higher.
Long
by Trade-Lean
Ripple's Rise: Opportunities and Risks The digital currency known as Ripple, currently trading just above the $0.50 mark per token, has garnered significant attention in the cryptocurrency space. Despite its momentary peak above $1 in 2021, its historical high remains a swift surge to $3.84 witnessed three years earlier. As the functional token of the RippleNet international-payments network, Ripple's value has typically lingered below the one-dollar threshold. This prompts Ripple investors to speculate: Can we anticipate a gradual price increase in the coming years, or is a surge to $5 within reach in the near future? While optimism surrounds Ripple and its token holders, expecting substantial price surges in 2024 may be unrealistic, and setting a $1 target for the next few years seems ambitious. The true potential for wealth accumulation lies in the long term, as RippleNet expands its global presence and garners wider adoption. However, this optimism is tempered by several challenges that could impede Ripple's growth trajectory: Legal Battles: Ripple's ongoing lawsuit with the Securities and Exchange Commission (SEC) poses a significant legal hurdle, with the outcome potentially unfavorable for Ripple. Regulatory hurdles from authorities in various markets could further complicate matters. Centralized Architecture: Ripple's centralized structure, with Ripple Labs as the driving force behind the blockchain network, presents risks. Decentralized systems, embraced by major cryptocurrencies like Ethereum and Bitcoin, offer advantages such as enhanced security and community-driven governance, which Ripple lacks. Competition: Other cryptocurrencies may outperform RippleNet in transaction efficiency, security, or innovative features, posing a threat to its market share. Despite these challenges, several factors could drive long-term growth in Ripple's value: Legal Developments: A favorable resolution to Ripple's SEC lawsuit could alleviate regulatory uncertainties and boost investor confidence. RippleNet Expansion: RippleNet's extensive reach, spanning over 70 markets globally, positions XRP as a preferred liquidity provider in international transactions, potentially driving up demand and value. CBDC Partnerships: Ripple's involvement in central bank digital currency (CBDC) initiatives worldwide could open up new avenues for growth, with partnerships already underway in countries like Palau and Bhutan. While the road to a $1 valuation may be lengthy, Ripple's proactive approach to financial innovation and its expanding ecosystem suggest long-term potential. However, investors should remain vigilant, considering both the opportunities and risks associated with Ripple's journey. A cautious investment strategy will ensure a steady navigation through the evolving landscape of Ripple and the broader cryptocurrency market. Our Idea:
Long
by FOREXN1
3
Ripple (XRP) Enters Crucial Phase: Six-Year Bull PennantDeciphering Ripple (XRP): Navigating a 6-Year Bull Pennant Towards Potential Upsurge In the realm of cryptocurrency, where price movements often resemble the ebbs and flows of the tide, Ripple (XRP) has emerged as a notable contender, navigating a six-year bull pennant formation that could herald significant price action in the near future. As the cryptocurrency community eagerly anticipates the resolution of this pattern, Ripple finds itself at a critical juncture, poised to overcome obstacles and potentially embark on a major bullish trajectory. Unveiling Ripple: A Brief Overview Ripple, launched in 2012, is more than just a digital currency; it's a blockchain-based payment protocol designed to facilitate fast, low-cost cross-border transactions. Unlike Bitcoin and Ethereum, which rely on proof-of-work consensus mechanisms, Ripple operates on a unique consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). This approach enables rapid transaction settlement, making Ripple an attractive option for financial institutions seeking to streamline their payment processes. The Six-Year Bull Pennant: A Tale of Compression and Anticipation For the past six years, Ripple's price has been compressing within a bull pennant formation—a pattern characterized by decreasing volatility and converging price action. This prolonged period of consolidation has fueled speculation and anticipation among traders and investors, with many eagerly awaiting a breakout that could signal the beginning of a major uptrend. With the end of the pennant coinciding with the new year, there's a possibility that Ripple could experience a prolonged squeeze leading up to a significant move. The recent clearance of stage 1 resistance marks a promising development, suggesting that Ripple may be on the cusp of entering stage 2, where short-term breakouts and upward momentum become more prevalent. Navigating Stage 2: Short-Term Breakouts and Price Momentum As Ripple sets its sights on stage 2 of the bull pennant formation, traders are closely monitoring short-term resistance levels for signs of upward movement. The recent uptick in price suggests that Ripple may be gathering momentum, with the potential for further upside if key resistance levels are breached. However, the journey towards stage 3—a critical milestone signaling a major bull run—remains fraught with obstacles and challenges. Chief among these is regulatory uncertainty, as Ripple continues to grapple with legal issues and regulatory scrutiny, particularly in the United States. The outcome of ongoing legal battles, including the Securities and Exchange Commission (SEC) lawsuit alleging that XRP is an unregistered security, could have significant implications for Ripple's future trajectory and market sentiment. Conclusion: Navigating Uncertainty Towards Potential Upsurge As Ripple navigates the complexities of the cryptocurrency landscape, traders and investors remain cautiously optimistic about its prospects. The convergence of technical indicators and market dynamics suggests that Ripple may be on the verge of a major breakout, with the potential for significant price appreciation in the coming months. However, challenges remain, and the path forward is fraught with uncertainty. Regulatory hurdles, legal battles, and broader market conditions will all play a role in shaping Ripple's future trajectory. In conclusion, Ripple's journey from compression within a six-year bull pennant to potential breakout is a testament to the resilience and innovation of the cryptocurrency space. As traders and investors eagerly await the resolution of this pattern, the eyes of the cryptocurrency community remain fixed on Ripple, with the hope that it will overcome obstacles and realize its full potential in the ever-evolving landscape of digital finance.
BINANCE:XRPUSDLong
by UnknownUnicorn2319099
4
XRPUSD keylevelRipple is one of a bullish coin that perform a nice channel up pattern. If you are holding ripple, or wanna jump in to follow bullish market, there is several key level that u need to know. 1. Minor resistance (bullish key level) 0.5493 become strong resistance for ripple, If this resistance break up, Ripple ready to move in a strong bullish wave to reach channel up resistance around 0.5944 2. Channel up resistance (bullish target) If minor resistance broken, bullish target at channel up resistance at 0.5944. This resistance also as fibonacci 1.272 bullish projection and also as previous resistance. 3. Channel up support (bearish key level) If 0.5493 cannot broken, Ripple will back to channel up support at 0.5321. This is martingale point if you wanna double your long volume. But careful, this level also as bearish key level if it break down, you can use stoploss few point below 4. Major support 0.4905 as major support for ripple, if channel up support break down, Ripple will perform another bearish wave to reach this level. I will update more about this analysis, make sure you support this analysis to get a quick notification of any update. Happy trading, and see u at next analysis. Bye
Long
by AzrulAzir
7
XRP's rally today isn't the real breakout, but it's coming soon!Bitcoin bounce hard today taking out the 50K psychological barrier. Many alt-coins followed as well. Some like XRP rallied a little bit, but not too much. Why? Because, the money inflows right now are mainly focused on Bitcoin, and a few altcoins, but when the Bitcoin rally runs enough, cash will flow into cheaper alternatives. XRP is showing a bearish divergence on the hourly chart, which most likely is indicating that the price action will fall back to, or near the lower trend line on the chart above. This same pattern played out not to long ago, and will likely repeat, as the people that missed today's rally will be looking for an entry point if/when it pulls back, and the additional money inflows will cause each following run to gain momentum until it ultimately breaks through the upper trend line, pulls back, bounces off it, then runs for a nice gain. This is just my opinion, and in trading there are no guarantees or absolutes! Good luck, and always use a stop. #NeverFOMO
Long
by MetaShackle
3