$XRP to be or not to beThe CRYPTOCAP:XRP is testing support at $2.45 with a potential retest of the $2.40 and $2.25 levels if the support is broken.
XRPUSD trade ideas
Ripple hit 7 Years High: 500% up from Our EntryRipple hit 7 Years High:
🔹 XRP/USDT 500% up from our Initial Entry.
🔹 I am booking 80% Profit here for safe Zone.
🔹 500% Profit not bad guys.
I told you to buy at $0.40-$0.50 and ignore the negative news and drama (thanks, Gary Gensler). Hope you held strong because now you're in huge profits. 🎉
❤️ $3 is just around the corner.
What’s Next?
▪️ I’m expecting $3-$5 in this bull run for XRP.
▪️ Don’t repeat last bull run’s mistake: Holding blindly and not selling when it’s time.
My Suggestion:
▪️ Take out your initial investment and 70% Profit and hold the rest as profit.
▪️ While $10 is possible, it’s unlikely this bull market.
Smart moves can turn this into a big win.
Of corse NFA & DYOR
XRP/USDT $10 Potential In bull market🔥 CRYPTOCAP:XRP Monthly Chart Analysis 🔥
Looking at the #XRP monthly chart reminds me of the legendary 2017 Ripple bull run 🚀
🔰 Back then:
🔹 3 massive monthly candles with high volume printed a staggering 7400% gain in just 3 months.
🔰 Now:
🔹 We’ve already seen the 1st big monthly candle with high volume.
🔹 If history repeats, we could see 2 more massive monthly candles soon.
🔰 Potential Targets:
🔹 By the end of January or early December, XRP could hit $5+!
🔹 $10 is a riskier target, but if we get 3 big monthly candles, who knows? 😄
Are you also waiting for the next big monthly candle? Let’s see if #Ripple can make history again
(This is just my opinion, not financial advice. DYOR.)
XRP/USDT 366% up from our Entry so Book profit ?XRP Up 366% 🚀
I told you to buy at $0.40-$0.50 and ignore the negative news and drama (thanks, Gary Gensler). Hope you held strong because now you're in huge profits.
❤️ $2 is just around the corner.
What’s Next?
▪️ I’m expecting $3-$5 in this bull run for XRP.
▪️ Don’t repeat last bull run’s mistake: Holding blindly and not selling when it’s time.
My Suggestion:
▪️ Take out your initial investment and hold the rest as profit.
▪️ While $10 is possible, it’s unlikely this bull market.
Smart moves can turn this into a big win.
Of corse NFA & DYOR
XRP Next Move???XRP is making a triangle pattern on 1 hour chart, what are your throughts as to which side can we expect a breakout towards??
Technical Analysis Of XRP
Over the monthly graph, the price has shown an immutable trendline support, active for a prolonged time span. From this support, the massive shoots in price have manifested before, and for several months, its price has been lurking at the same dynamic support trendline. The price had waited a very long sturdily for the catalyst and the lawsuit to get over.
Since the lawsuit has ended, a catalyst could be around the horizon. Anytime, soon the price could blast off to the moon, with current generated optimism. The ATH over the monthly chart was at $3.31700, and the low was at $0.00281. Depending on the bullish wave of investors interest could hit the XRP towards retesting the ATH.
Over the weekly chart, the 4-year high was at $1.966, and the low was $0.170; if the bullishness increases, then the ATH can be achieved sooner, with interruptions to look at $0.750 and $0.970, respectively.
The indicators are strongly bullish, as both EMA hurdles have become support after the price pierced both of them. MACD showed a bullish cross, with a histogram at 0.0110, and the RSI flashed at 56.63, above the median line.
On the contrary, situation, if the price does not grow more and bears push their price down, then the supports to watch out would be present at $0.440 and $0.280, respectively.
PREVIOUS WEEK UPDATE!A nice week behind me. I just went through the charts and explained very quickly what had happened. I got into 3 positions, 1L, 1BE and 1 currently in a profit ( EURAUD). I had some time for myself and my family as it was just my birthday. New analysis will be posted soon. Have a great week. T
XRP Price Jumps 22% Following $100 Million Inflows : What’s NextXRP Price Jumps 22% Following $100 Million Inflows : What’s Next?
XRP price surged nearly 22% a week, validating the breakout of an interesting pattern on a daily chart.
The Open interest contracts have jumped from $375 Million to $475 Million rising $100 Million a week.
XRP price took a big leap and surged over 8.5% today surpassing the key 50 day Exponential moving average. Moreover, the intraday rise marks the breakout of an interesting channel pattern.
Furthermore, the recent development in XRP derivatives data has sparked an optimistic hope for the investors. The OI contracts have noted a surge of nearly $100 Million a week indicating a long buildup.
Earlier, XRP had been in a correction phase since mid April and had dipped nearly 40% from its recent highs. The recent breakout marks the end of a correction phase. It has a live market capitalization of $28.79 Billion and ranks 7th in the cryptoverse.
OI Data Suggests Long Buildup
XRP recovered from $0.42 level and made a breakout of a falling wedge pattern. The breakout was supported by a significant 20% rise in the volume. The intraday transaction volume has reached $1.85 Billion a day.
In tandem with the price development, there has been a robust development in the Open Interest data. As per an on-chain analytics website, the OI data surged by nearly $100 Million rising from $375 Million to $475 Million in a week.
The surge in OI data points to a long buildup in XRP. A surge in OI data reveals a rise in the outstanding contracts and increased market activity. The volume to market cap ratio lies near 6.73% indicating mild volatility. Out of 100 Billion total supply, nearly 55.8 Billion XRP tokens are currently in circulation.
XRP Looks Promising for 25% Bullish Rally
The daily chart highlights a breakout from a falling wedge channel pattern indicating the initiation of a new bullish phase. Moreover the breakout is supported by a significant rise in transaction volume and Open interest adding confirmation to a bullish breakout.
At the time of writing, XRP was up over 8.5% a day, exchanging hands close to $0.514. The bulls are in control of the trend at the moment due to which XRP price may keep soaring.
On the higher side, the analysts are assuming an upside potential of nearly 25% till the $0.64 level. On the contrary if the price suffers and looms back below the lower trendline, it may confirm a fake breakout and the price may suffer more.
Can XRP Continue To Rise?
XRP surged over 8.5% today, surpassing the 50-day EMA and breaking out of a falling wedge channel pattern. Moreover, the breakout is supported by a significant increase in transaction volume and open interest thus validating the breakout. The OI data has surged by $100 million in a week to $475 Million.
The daily chart highlights that XRP rebounded from $0.42, breaking out of a falling wedge pattern. Currently trading around $0.514, XRP shows bullish momentum. If the price continues to rise, it could reach $0.57 and $0.64. However, if it falls below the lower trendline, it may indicate a fake breakout and resume a downward trend.
The XRP asset has displayed bearish characteristicsThe XRP crypto has demonstrated a decline as the price sank from a vital supply level of around $0.73 on the chart, by mid-march 2024.
The asset has displayed bearishness and falling tendency as it plunged below major trend 50-day, and 200-day EMA's.
The XRP asset has displayed bearish characteristics, as the RSI has fallen smoothly and it near the oversold territory.
It has attained bad performance in the last week, month, and three months, by -7.80%, -2.90%, and -29.70% respectively, implying a stable downward direction.
Therefore, if the XRP crypto price fails to stay above the $0.4750 level, it could decline further. However, if the demand for the asset price increases it could bounce back strongly from the current level. The next goal for the price could be to reach $0.1200.
Recently, this week Ripple has been struggling to maintain its pRecently, this week Ripple has been struggling to maintain its position. When the price of Bitcoin plummeted, almost all crypto assets had a rough day. This week, the price has dipped by 7.80% due to a shift in market sentiment indicators portrays bearishness, as BTC was down. However, the candle formation on June 12th signifies that bulls are attempting to gain ground again.
the demand for the XRP risesFrom last month, the price has been consolidating in a range and has been trading beneath the 50-day and 200-day EMA's. A parabolic movement could burst in XRP if the struggle rules out in favor.
The XRP Daily Chart underscores that price control was in bears' hands, as it failed to reach last swing highs and declined at a constant pace.
However, the price structure was close to the demand zone, where new buyers could join. Moreover, the the final judgment by judge Torres could possibly catalyze the breakout this year in XRP. And if it is ruled out in SEC's favor, in that case, it could impact its price negatively.
The XRP crypto has been trading at $0.5259 at press time. The technical indicators are bearish, but minor bullish signs have appeared in MACD as it has a bullish cross. The RSI has reached 49.33. This shows uncertainties in the XRP crypto.
If the demand for the XRP rises, it could bounce back from its current level. The next goal for the price could be reaching $0.62500 and $0.72500 levels.
However, if the XRP crypto price fails to stay above the $0.49500 level, it could decline and reach lower levels.
If the demand for the XRP risesThe XRP Daily Chart highlights that price control was in bears' favor, as it failed to reach last swing highs and deteriorated at a constant pace. Also, it has been struggling below the 20-day. and 50-day EMA's.
However, the price structure was near the demand zone, where new buyers could join. Moreover, the positive optimism shared by the lawyer of XRP, for the acceleration in the final judgemnet after all briefs, could possibly become a catalyst for the breakout this year in XRP.
The XRP crypto has been trading at $0.51754 at press time. The technical indicators are bearish, but minor bullish signs have appeared in MACD as it has converged for a bullish cross. The RSI has reached 48, and it approaching to cut median line. Therefore, despite the bearish indicators, the scenario could flip to the upside.
If the demand for the XRP rises, it could bounce back from the current level. The next goal for the price could be reaching $0.62000 and $0.72000 levels.
However, if the XRP crypto price fails to stay above the $0.50000 level, it could decline further and reach lower levels.
XRP USD seems bullish for long termIt seems nice o prtunity to grab long move with minimum risk.
It is good opertunity for swing traders .
the demand for XRP remains highXRP has broken out from a descending resistance trend line that had been in place for 296 days, which often leads to notable upward movements. Interestingly, the trend line was formed after the final bullish MACD signal.
Over a two-month period, both the daily MACD and RSI, which is at -0.01206 (blue), and 48.03(purple) respectively, have produced significant bullish divergences, which frequently pave the way for bullish trend reversals and could probably trigger the breakout for higher levels.
Therefore, if the demand for XRP remains high, its price could bounce back from the current level. The next target for the price is $0.575, and if this level is breached, it could open up the price for a stretch towards $0.700.
However, if the XRP crypto price fails to hold above the $0.495 level, it may decline further and reach lower price points.
XRU USD COULD SEE BULLISH MOVEMENTUM .At this level we can grab big move. We could suppose this level is good to buy at this level.
This level are imp for day trading.
XRP Sees Largest Whale Accumulation in 90 Days: Potential ImpactXRP was able to bounce back strongly after falling near a multi-month low value indicating a potential increase in demand.
Large wallets (whales) have Accumulated Nearly 70 Million XRP tokens in the last couple of sessions.
The XRP crypto has shown remarkable resilience by holding above a crucial support level for the past 11 months. Furthermore, the recent increase in whale accumulation over the last couple of sessions indicates that large holders are looking to defend the support. This bodes well for the future of XRP and suggests that we may see increased interest and investment ahead.
It's possible that this could unlock the door to a potential turnaround and bring an end to the downward trend that XRP has been experiencing.
Whales Transaction In XRP At its Peak In The Past 3 Months?
In the previous week, the value of XRP had been decreasing and it reached an 11-month low, losing 22% in just one week. This sudden decline caused worry about the psychological support of the $0.5 level and the 11-month low.
However, it seems that big investors, also known as "whales," were aware of this issue and have started taking action to prevent it. In the last couple of sessions, addresses holding between 1 million and 10 million XRP have added over 70 million XRP to their wallets. This purchase, worth more than $35 million, is the largest buying noted in the past three months.
Whales aim to accumulate profits, hence they are accumulating the crypto. Furthermore, The possibility of the XRP price dropping below USD 0.50 is low, and higher chances are bouncing back. The whales could capitalize on this by purchasing XRP at a low price and potentially reaping profits later.
Currently, the XRP token is among the few altcoins whose supply in profit is below 75 percent. This is just the second time in almost a year that profitable supply has fallen so sharply.
Typically, a market peak is reached when more than 95 percent of the circulating supply records profits. Therefore, XRP still has room for growth, which could serve as a strong motivation for investors to add the token to their wallets.
XRP: Is Now A Good Time To Buy?
A closer look at the price action reveals that the losing momentum is occurring near the support levels, which further increases the possibility of a bullish trend emerging. In fact, if the XRP price bounces, it could result in the formation of a double bottom pattern near the support, signaling a potential reversal in trend. If this pattern does indeed emerge, it could trigger a strong bullish wave in the cryptocurrency.
Overall, the recent price action in XRP indicates that a potential shift in trend may be on the horizon, with a bullish trend becoming increasingly likely.
the asset is showing bullish strengthXRP price prediction highlights a tough battle between bulls and bears and shows a narrow trading range on the crypto between $0.5000 to $0.7500. The recent price structure suggests that the XRP price is trying to sustain at a support level, to retest the supply level.
Moreover, the trading volume on all tradeable platforms for the XRP crypto is 1.06 Billion with a market capitalization of 33.12 Billion. Meanwhile, its Volume to market cap ratio is 0.0315, and its overall circulating supply is 55.05 Billion.
The XRP asset is expressing bullish behavior and shows that it has the opportunity to increase further. Despite negative performance on weekly and monthly terms by -4.39%, and -3.17% respectively, the price is trying to hold on over the support level at $0.5600.
The support taken by the XRP crypto has indicated a sign of a possible turnaround on the daily chart as well. This shows the possibility for the price to rise and the current support of $0.5600 could become a key level on the chart.
Therefore, according to XRP price prediction, the asset is showing bullish strength and rising potential as it has recently been trying to surge past above the major 20, and 50-day EMA's. Furthermore, the XRP crypto asset showing bullishness as the MACD line has started to converge and has been approaching the signal line to cut from below, which could lead to the formation of the bullish cross in the coming sessions.
Likewise, the RSI shows no signs of overbought conditions yet and has started to take support from 14-SMA, suggesting that the XRP asset has more room to grow.
At the time of writing, the XRP crypto is experiencing a surge of 2.32% in the last 24 hours and is currently trading at $0.6087.
Hence, if the demand for the XRP rises, the asset price could bounce back strongly from the current level. The next target for the price could be to reach $0.6500, and $0.7000.
However, if the XRP crypto price fails to stay above the $0.5600 level, it could decline further.
XRP will shock everyoneHey Guys,
Those who will not buy XRP in March-2024 they all are going to cry in March-2025. There is still time to buy XRP.
If you see XRP below channel trendline for then haven't left it at all, This will change your life
See chart for more understanding..!!
Disclaimer: I am not financial Advisor, This is my opinion I am some guy on the Internet...!! Crypto market is highly volatile, Do your own research and jump into the trade.
XRPUSD HL over Demand ZoneHi there,
We spot a bullish ABC pattern supported by the 0.5 demand zone that can potentially lead to two price targets with a bias of 0.529.
It will need monitoring due to the 0.51 highs.
Happy Trading,
K.
XRP/USDT RIPPLE Ready for $10 in bull market ?#XRP/USDT Bull Market Technical Analysis:
➡️ Last bull #XRP seriously underperformed while stuck fighting the #SEC
➡️ BTC hit new highs while XRP failed to pass 2017's $3.30 ATH
But with the SEC case now won - the floodgates may finally BE OPEN!
➡️ Similar triangle breakdown to 2017 is FORMING!
➡️ If 2017's 40,000% pump repeats - we could see mind-blowing $10+ XRP!
➡️ Survived 2,291 (6+ Years) brutal bear days - this coiling pattern signals Ripple's ready to ERUPT!
My Accumulation Zone: $0.40 - $0.50
Targets: $0.90/$1.95/$4/$7/$10+( bonus )
If you believe in parabolas, triangles, and cycles - CRYPTOCAP:XRP may be on the launching pad again here!!
Which way is the music going?If the price action falls through that 0.382. It will be looking for support. Perhaps at the 0.786 or the 0.618 of the next Fib Channel. How far will the knife tumble?
XRP, XLM, XDC Similar wedges at different time horizon I adjusted a pitchfork to reveal a wedge (bull flag)
These assets have developed the same wedge pattern (bull flag) in slightly varying forms with differing time horizons.
XRP - cross border payment settlement
XLM - local payment settlement
XDC - smart contracts & tokenization of financial assets
This batch of tokens has been under-hyped and likely under valued. Likely due to the government sanctioned heist involving S.B.F and FTX scaring the masses away from crypto with the "Wild, Wild West" risk and losses that lead to the demand by the masses to regulate blockchain/crypto. Like any new tech that surfaces.
If the DXY falls further, these assets may step into the light.
Does anyone have extensive charts on the DXY?
What happened to crypto the last time banks crashed?
Are banks crashing again?
DO YOUR OWN RESEARCH!!
DONT INVEST, ONLY TRADE!!
