Xrpusdlong
XRP going 2$ ? We see a double bottom on rezistante, a clear bullish movement who broke the old trend line and last LH and make a HH, after with fibbonaci Retracement we found where on fib with a rezistante is going to make the HL, after the confirmation is really the HL we can make long setup on 2 or 3 $.
✅🚀 XRPUSDT 1D #Buy_Recommendation ✅🚀Given the price range, investing and buying can be a good option.
Let's buy Some #XRPUSDT ( Ripple ) ✅ , Shall We ?? Amazing Chart , Isnt it ?? ✅
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
👤 Arman Shaban
⚠️ (DYOR)
XRP-USD (The anticrypto) Must Read ~Daily view~Good day all 🌞🌚
In this description I will focus on why XRP has potential for huge gains, for a more technical approach I consider checking out more charts!🆗📈
XRP/Ripplelabs and its hidden forces: 🤨😄
Yes, as we know(hopefully,) XRP is not a good thing for crypto in any way shape or form. Have you ever asked yourself why the case of XRP versus the SEC has been so easy? Have you ever heard, "If it's to good to be true, it probably isn't true?"" 🤔👇
This entire thing was played out from the start. XRP is the banking crypto. It always has been. A Real-time settlement system, created mainly for executing transactions in the banking system. Well news flash✋📰! The same people that run the SEC also run the central banking system. Actually, XRP has been in talks with the central banks for some time (which they openly admitted.) So, why then would the SEC deliberately shoot themselves in the foot?
They wouldn't! This case was made to change the image of XRP. XRP was always destined to win this case as well, with the added benefit of getting many to sell their XRP. With retail traders ( average Joe's) selling, this Reduces the price of XRP substantially, allowing more of it to be bought up on the low from the whales🐳🐋, before boosting the price back up substantially. Speculatively speaking, the judge was bought from the start, I just didn't know who bought her. I see it clearly now.🦁
Supply and demand: 👁🗨
With the case wrapping up, demand shock is imminent. We're already seeing this happen. The difference lies in if XRP wins or settles. Settlement would likely end up in Ripple executives being barred from selling their XRP holdings for a period of time. In the beginning of XRP, 65 percent of the pre-mined coin was distributed amongst themselves(XRP developers,) while the remaining 35 percent was released to the market, much of which was sold off and I believe they bought a lot of it back it up as well. This is important because it would create an extreme supply shock in the market of XRP. These two forces combined would allow the price of XRP to skyrocket.💥
My advice is this: Play along! Jump on the gravy train🍳🚂 and than smash XRP into the ground, where it belongs. This so-called "cryptocurrency" doesn't even utilize blockchain technology. It is one hundred percent centralized! These people trying to manipulate our cryptocurrency markets, need to go back in the deep dark holes they crawled out of to begin with. 👍😅
So in conclusion, yes, I just bought XRP for the first time recently. It's a good bet, know thy enemy! I feel the same way about Elon. He's a complete sadist, if you don't agree, just look at the people he surrounds himself with🧙♀️🧙♂️. These people want us all to starve! I think it's time we flip the script once and for all. Time we beat them at their own game, one way or another.🤴This is why cryptocurrency gives me hope. The people pulling the strings think we're all stupid. We're not! This will result in their demise😁. It's not just XRP, there are cryptocurrencies throughout the market cap that were literally created for nefarious purposes. It's naïve to think otherwise. Look at our traditional finance system. We need to wreck these assets before it's too late, or Crypto will just become as broken as our traditional finance system. 👽
Today:🦈 ⏬
I invite you to read between the fine lines and think for yourselves! Do you read the crypto news? If so, who is publishing this news and why You should all be asking yourselves these questions. The only way out now is to think for ourselves and stop caring what other people think. I don't care what anyone else thinks anymore. Why should it matter, when I believe in my heart that I am right? That being said, always remember 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
Ripple Legal fight is holding the priceHello everyone, as we all know the market action discounts everything :)
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Ripple is trading around the $1.15 area , XRP should have performed better given its development this year. However, The main reason why its doing bad is its prolonged legal battle with the SEC, which caused a lack in media coverage for all his projects development.
The second reason is the continued sale of XRP coins by Jed McCaleb the founded of Ripple and he served as the CTO of the company Ripple until 2013.
In January 2018, it was reported that McCaleb's Ripple token ownership was worth $20 billion,
Different market movement Scenarios for the next period of time :
Scenario 1 :
Ripple is trading at 1.14326 currently, and the Bears seems to be pushing the price down and it will soon hit the first Support line at 1.09812 where the Bulls will battle with the bears over control in hope if pushing the price back up, and if that to happen then the price most likely will be moving up and headed near the first Resistance line at 1.23804 and with a strong push from the bears it could breakout and keep going up to the 1.37796 level.
Scenario 2 :
If the Bulls make a move and take control over the market then we will see the price move to the resistance level at 1.23804 where the Bulls power will be tested by the Bears and they will try to take control over the market which will lead to the price dropping down back to the support zone between 1.00484 and 0.95820, showing that the Bulls are having a very hard time breaking out and holding the price above the 1.25$.
Technical indicators show :
1) The market is below the 5 10 MA and EMA (indicates short-term Bearish movement) but still above the 20 50 100 200 MA and EMA (indicates a Bullish state in the market for the long-term )
2) The ADX is at 38.79 showing that the market is trending with a positive crossover between DI+ (21.60) and DI- (16.42) (Bullish sign)
3) The RSI is at 55.84 giving us a buy signal, and it will probably be headed to the overbought zone soon.
Support & Resistance points :
support Resistance
1) 1.09812 1) 1.23804
2) 1.00484 2) 1.28468
3) 0.95820 3) 1.37796
Fundamental point of view :
Since the launch of XRP, Ripple has been an innovative company. The project has always looked for ways to stay ahead of every competition. For example, XRP partnered with MoneyGram allowing MoneyGram to use Ripple’s solution for decision-making.
This year, Ripple has been on several partnerships improving its Asian dominance, especially the Japanese remittance deal. In addition, Ripple plans to add a smart contract feature to XRPL.
Smart contracts are essential for blockchains and their addition to the XRP Ledger is a step in the right direction for the company. The company has also revealed plans to go public after the conclusion of the lawsuit with the SEC. According to Dailycoin.
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts and news for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
XRPUSD (60m) Bullish divergence on the 60m XRPUSD chart. Strong support demonstrated between $1.05 - $1.08, forming a double bottom. A move up to and above $1.18 would provide further confidence that we have reached the end of this correction. I would then look for a move up to the $1.35 local high, if we can break this level then we would have a short term target of $1.535 (1.618 extension from the $1.35 high to the $1.05 low).