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XRPUSDT

XRP is not out of the woodsAbout two weeks ago, we warned XRP would likely test its support near $0.43. However, this has not been the case so far, and XRP moved from around $0.48 to $0.52. Despite this upward movement, we believe the retest is still due to happen. In fact, we would not be surprised to see XRP continue lower than that, being dragged by the rest of the cryptocurrency market. To reassess our view (or even abandon it), we want XRP to break above $0.54 and broader strength in the crypto market. We will update our thoughts with the emergence of new developments. Illustration 1.01 Illustration 1.01 displays the daily chart of XRP and simple support/resistance levels derived from peaks and troughs. Technical analysis Daily time frame = Slightly bearish Weekly time frame = Slightly bearish Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:XRPUSDShort
by Tradersweekly
30
XRP/USDT ascending channel bullish move ? 🚀XRP today analysi💎 Heads Up, Paradisers! Brace yourselves for an exhilarating opportunity with XRPUSDT! We’ve spotted it navigating through an ascending channel, gearing up for a potential bullish advancement. 💎 In the past, we’ve noticed it maneuvering through a descending channel, whose breakout triggered a notable downward shift. It seems like this asset is scripting a similar narrative, oscillating between ascending and descending channels. 💎 Another key observation is the transformation of vrvp into a support mechanism for XRP, exhibiting substantial volume. This implies that a bullish stride is on the horizon, and a breach of support could precipitate a 4.46% downward trajectory. 💎 For those strategizing a trade, remember to set an appropriate stop loss and proceed with caution and wisdom! Stay vigilant and let’s navigate through the crypto waves with precision and insight!🌴
Long
by MyCryptoParadise_Simon
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP, formerly Ripple, was one of today’s biggest movers, climbing by as much as 5% earlier in the day. Following a low of 0.5036 yesterday, XRP/USD raced to a peak of 0.5455 during Friday’s session. This resulted in the token hitting its highest point since August 29, which is the last time the price hit a ceiling of 0.5490. it appears that the move came as the 14-day relative strength index (RSI) rose beyond a ceiling of its own at 56.00. the index is tracking at 58.67, with the next visible point of support near the 60.00 mark. In the event the 60.00 ceiling is broken, there is a good chance that XRP will climb beyond 0.5500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
XRP Might Break Above - But It Doesn't Look GreatXRP is an interesting asset to watch, following it's crazy pump back in July of this year. XRP's price has been relentlessly swatted down from a Fair Value Gap Zone between $0.5371 and $0.5578. This Fair Value Gap was created all the way back in May of 2022 during the market-wide selloff. We can see very cleary that everytime XRP's price comes up into that zone, it gets rejected. With the only exception being the lawsuit pump when news broke that Ripple Labs had secured a "sort-of" victory against the SEC in their ongoing legal battle. Although I'm feeling bullish on ETH and BTC, XRP is a wild card. We just wicked up into that FVG Zone again, and are currently rejecting. Normally, I would immediately enter into a short however this time I'm going to wait for confirmation in the form of a bearish candle moving away. Once that occurs, I will short targeting our Demand Zone all the way down around $0.30. Re-evaluate and flip bias if price is able to continue moving up and through the FVG Zone.
by CrackingCryptocurrency
RIPPLE - Price can make correction to $0.5155 levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance line of wedge to support area, which coincide with $0.4930 support level. Then it tried to rise but failed and fell to support line of wedge, where Ripple at once bounced and started to rise. Price rose to resistance line, thereby breaking $0.5155 level, which coincided with resistance area, but soon it declined below. Also, Ripple entered to flat, where it first fell to support level and then bounced up to top part of flat. And recently price made strong upward impulse, thereby breaking resistance level and exiting of flat too. Now I think that Ripple, after upward impulse can make correction to $0.5155 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
3
Ripple can break support line and then fall to 0.4865 levelHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a few time ago rebounded down from the resistance line of the triangle, which coincided with the seller zone and fell to the support line. Next, Ripple started to rise from this line, which coincided with the 0.4865 support level and rose to the resistance line, where soon bounced and fell back to the support line. In a short time price made a strong impulse down to the support line, thereby exiting from the triangle and breaking the support level, which coincides with the buyer zone. After this movement, Ripple bounced up from the support line and rose back to the 0.4865 support level, broke it, and later made a retest. Then price made an impulse up to the resistance line, which is located in the seller zone, thereby breaking the 0.5185 resistance level and after Ripple reached this line, it started to decline. A few moments ago Ripple declined to support line, where recently price rebounded up and started to trade near the support line. In my mind price can reach the resistance line and then rebound down to the support level, thereby breaking the support line. That's why I set my target at the 0.4865 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
14
Crypto XRP/USDT (When moon?) View On XRP/USDT (26 Sept 2023) XRPUSD is in * Neutral in short term (Intraweek) * Neutral in Mid term (1 to 3 months) * Slightly Bearish in Long term (3 months onward) We may be in the early stage possible bullish trend for XRP. Since it is not clear (or) too early, we can't be so sure about the bullishness. The big stop huntting candle of 17 Aug seem to have formed the bottom. I will be watching closely for a possible bullish mode. It will become clearer if the price manage to clear above 0.5575 Let's see DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
by SonicDeejay
XRP/USDT is ready to move as seen in the chart with detailsExamining the #XRPUSDT trading pair, the chart articulates a compelling narrative of a potential upward momentum. #XRP seems to have meticulously concluded its formation phase, laying a robust foundation for a foreseeable ascent. A meticulous analysis of the technical indicators and price patterns reflects a price consolidation followed by a constructive breakout. The underlying strength illustrated by relative volume and positive price action propounds a strong case for a sustained bullish trend. Furthermore, the conclusive breach of critical resistance levels delineates a substantial shift in market sentiment, marking the commencement of a new bullish cycle. The Moving Averages and Relative Strength Index (RSI) indicates accelerated momentum and strengthened buying pressure, reinforcing the bullish outlook. The confluence of these technical phenomena accentuates the potentiality of XRP in navigating through the uncharted territories of price levels. This completion of bullish formation is pivotal and, if coupled with coherent market conditions and sustained buyer’s interest, can catapult #XRP to unprecedented heights. Investors and traders should remain vigilant to the evolving market dynamics and align their trades with their risk tolerance and trading strategy. As always, market participants must conduct thorough research and consider various risk factors before making investment decisions, given the inherent volatility and unpredictability of cryptocurrency markets.
BITSTAMP:XRPUSDLong
by drkemalturker
3
HelenP. I Ripple can reach resistance level and try to break itHi folks today I'm prepared for you Ripple analytics. After the price declined to the 0.4865 support level, Ripple in a short time broke it and fell lower. But soon, the price bounced up and started to rise to this level, which coincided with the support zone inside the upward channel. Rippke reached this level, broke it again, and then rose to the resistance line of the channel. When the price touched this line, it rebounded and made a little correction, after which the price tried to rise higher, but failed and fell to 0.4865 support level. Then Ripple bounced from this level and made impulse up to 0.5150 resistance level, which coincided with the resistance zone and soon broke them and rose to the resistance line of the channel. But later, the price declined below the 0.5150 level and not a long time ago declined to support line of the upward channel, where it continues to trade now. I expect that Ripple can rebound to the resistance level and try to break it. After breaks, the price can make a retest, or at once continue to rise inside the upward channel. For this reason, I set my target at the 0.5330 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
XRP Ripple Price Target| Binance vs SEC Lawsuit | Whales DumpingBinance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities. Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market. Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May. The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty. These developments collectively cast a shadow over the cryptocurrency market's near-term prospects. In this context, my price target for XRP is $0.18. Looking forward to read your opinion about it!
Short
by TopgOptions
4
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP was back in the green on Friday after the Bulls abruptly ended a three-day win streak during yesterday’s session. Following a low at 0.5025 on Thursday, XRP/USD moved to a peak at 0.5134 earlier in the day. The surge saw XRP, formerly Ripple, once again make strides towards a key resistance level at 0.5450. it appears that the rebound came as the relative strength index (RSI) climbed back above a ceiling of 47.00. price strength is now sitting at 48.72, with the next visible ceiling near the 54.00 region. In the event this target is hit, there is a strong likelihood that XRP will move above 0.5400. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
3
XRP/USDT 1H Interval ReviewI invite you to review the chart of XRP paired with USDT. First of all, we will use the blue lines to mark the downward trend channel from which the price emerged at the top, which is important that the exit from the channel was based on an increase similar to the height of the downward channel itself. Currently, it can be seen that the price is moving along a local upward trend line, with three resistance points visible. It is worth mentioning that XRP is one of the few that stays above the blue 200 moving average line, and therefore remains in an upward trend. Going further, we can move on to marking places of support when the recovery begins to deepen. And here you can see that the price remained in the support zone from $0.51 to $0.50, but it is still worth defining a second, similar strong zone from $0.48 to $0.47. Looking the other way, we see that the price has been rejected from the resistance zone from $0.515 to $0.53, only when we manage to break out of it, we will see an attempt to increase towards the resistance level at $0.55. Please look at the CHOP index, which indicates that we still have a lot of energy to make a move, on RSI we are staying around the middle of the range, but adding the STOCH indicator to this, we have a visible rebound when we cross the upper limit in order to gather new energy for the move.
by cryptodailyuk
2
RIPPLE - Price can make correction and then bounce up to $0.5350Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently, price bounced from resistance area to $0.5100 points, thereby breaking $0.5200 resistance level. But then it bounced back and even rose to $0.5450 points, where price started to decline and fell to resistance level. Then price broke this level, entered flat, and fell to $0.4865 support level, which coincides with support area. After flat, Ripple declined lower of $0.4865 level, where later it started to grow inside rising channel. In channel price backed up higher than support level and at the moment, it continues to trade in channel near support line. I think Ripple can fall to support line and then bounce up to $0.5350 resistance line of channel, breaking $0.5200 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP, formerly Ripple, was a notable gainer in today’s session, as the token raced to a multi-week high. Following a low of 0.5092 on Tuesday, XRP/USD raced to an intraday peak at 0.5233 earlier in the day. As a result of the surge in price, XRP climbed to its highest point since August 31, when the price peaked at 0.5285. the move came as the relative strength index (RSI) broke free of a ceiling at 48.00. At the time of writing, the index is tracking at 50.66, with bulls possibly targeting a ceiling at 58.00. In the event traders reach this target, there is a strong chance XRP will move above 0.5500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
Ripple can break resistance level and then continue to riseHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price a few days ago declined below the 0.5175 resistance level, which coincide with the seller zone, but soon it rebounded up to the resistance line of tringle, and then the price started to decline. Ripple declined to the support line, which coincided with the 0.4865 support level, and at once started to rise to the resistance line. After the price reached the resistance line, it bounced and made a strong downward impulse to lower the 0.4865 level to 0.4600 points. But then Ripple started to move up inside the upward channel, where it rose higher of the support level, which coincided with the buyer zone and reached the resistance line of the channel. Then the price made a correction to the support line and later made an upward impulse to the resistance line, breaking the 0.5175 resistance level, but some time ago Ripple declined below this level, where it continues to trade now. In my mind, the price can break the resistance level again and then make retest. Also, Ripple can continue to move up to the resistance line of the channel. For this case, I set up my target at the 0.5325 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
11