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XRP / Tether USD

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XRPUSDT trade ideas

XRP, pioneer of the first crypto wave. How's now?XRP, along with BTC and ETH, was one of the first assets I started to know the crypto market. With his historical path, the foundation for the crypto development in the past 10 years, and pioneer in the fight with the SEC and Central institution. Ripple was born in 2012, followed by XRP Ledger, and it was the first decentralized blockchain to offer solutions and tools to developers. XRP works with several languages such as Java and Phyton. If every crypto, to survive, must have a utilization purpose, Ripple’s one is to be the blockchain for business. The ledger technology and the federal consensus mechanism, put ripple on the podium for the historic importance. It was the first crypto to propose a technology to integrate the fiat with the crypto, the CBDC. But, why is Ripple still struggling to find a solid growth trend? The 2021 spike coincides with the altcoin seasons, and for now, seems that Ripple will join the party even this time. With an increase of over 300%, ripple has come back into the altcoin landscape. But we have already seen that it grows as fast as it will drop. My thoughts are that XRP is meant to be a translator between crypto and fiat, between decentralized and central banks. Its normal price channel is around 1$, which would make perfect sense, if it would not have one of the highest volatility, kept above 100%, nonetheless, its funding was more than ten years ago. Is it a worthy investment? For its uniqueness and historic path, ripple is in my portfolio. So far yes. It has respected the strategy and the last day's drop, did not turn the bullish curve. Perfect reaction to the trendline and it coincides with 0.382 in fibo weelky. Patternwise we are creating a M-shape, even if the general opinion is more oriented to a pennant shape. Anyways, it’s a bullish market for Ripple. My TPs are $3.3550, $4.000, and $4,400 in this next alt season. But, what’s concerning me is that awful cup pattern forming in the past week. What does it mean? I don't know but, as long as its trend is respected, I am still bull on this asset. We wait for the reaction at the 618, @1.90. Just the historic higher high in the context.
Long
by itsmcasalinii
XRP/USDT 115% up and Still Target is $2 & $5CRYPTOCAP:XRP Breaks $1 After 3 Years: Is $5 Next? 🚀 #XRP Bullish Run in Full Swing 🔹 Ripple hits $1 – a massive achievement, especially after being delisted from the stablecoin list. 🔹 It’s been 1057 days (nearly 3 years) since XRP last touched $1 What's Next? #Ripple shows $5 potential in the current bull market, but consider booking profits above $2 for safety. 🔹 XRP is pumping hard after news of Gary Gensler's possible resignation following a Trump victory. Performance Update: 🔹 XRP/USDT is up 66% since my breakout post. 🔹 Up 115% from our initial post. Hope you’re riding the wave and enjoying the gains.
Long
by CryptoPatel
Ripple Bull Market Chart Analysis#XRP High Timeframe Analysis 🔹 Current Setup: CRYPTOCAP:XRP is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement. 🔹 Key Observations: - Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout. - A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level. 🔹 Trade Setup: - Long Position: Await a candle close above $0.6639 to confirm bullish continuation. - Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
Long
by CryptoPatel
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