XRP looking incredibleXRP has had a massive capitulation and went all the way back to its 2014 & 2017 cycle lows because of the SEC decision... but they still have a chance to win + some people still believe it is decentralized so none of that matters. Overall longs got destroyed and there are no sellers left which makes it a lot easier to pump.
Resistance is very clear here but of course it could go much higher than that later on.
SEC
"RIPPLE SEC LAWSUIT" LONG XRP 2021 Providing very basic technical analysis of XRP/USD
Ripple's native cryptocurrency, XRP, is one of the most attractive assets to look at for long term and/or short term investing. Short term, there are many opportunities involving XRP, however if you are trading cryptocurrencies you should always expect extreme volatility at any moment. None of anything I say or write is investment advice, I am only a stranger you do not know on the internet discussing an asset that I have been extremely passionate about for the past 5+ years. That being said,
On this Weekly Chart we can see that the .702 Fib. level has been wicked down to, there is about 9 hours left to this Weeks close, on the lower time frames this area has been respected as support. Both the .382 and .702 areas on my fibs are colored different than the rest of my fib levels. That is because these are areas of extreme significance to me personally. I always am on the look out to see what price will do at these levels. On the week of the 13th of August 2018 there is a wick which begins a trendline that also wicks on the 17th of June 2019, this extends all the way through to where we are currently at today. Waiting for this Weekly close. All moving averages are bullish, confirming uptrends, the adx and di for crypto is also confirming uptrend. The higher high on the weekly has been created, we are now looking for a higher low to continue the trend upwards.
The prices around that trend line, which begins in 2018, is now being tested on lower time frames..
So currently there is a lot of exciting action in the markets, the news on top of all of this is even more exciting! (and bullish)
The goal for this post is to monitor XRP long term, I will be posting more information about NEWS, and any exciting updates on XRP here as well.
$XRP in a nutshell - Last distribution?Hello XRP community! Hope you enjoying the XRP ride so far.
$XRP is in its third accumulation phase, preparing for a new impulse wave to break above the 2$.
Some XRP hodlers have sold their positions between 1.8 and 1.9 due to decreasing volume. But overall XRP is still bullish! After a correction down to 1.56 we might see another +20% move very soon.
PS1: SEC lawsuit might ruin this whole thing
PS2: XRP relist will take us to the moon
XRP Long - Big picture retracementIf XRP beats the SEC case, a retrace towards the ATHs are likely imho. This is not financial advice and is for educational purposes only.
XRP has been very fractal and someone has been accumulating using BTC on Bitstamp consistently since 2019 and since the SEC case dropped price back into that accumulation zone.
XRP may be setting up to reach new ATHs before BTC/USD begins a bearish correction cycle. If BTC/USD turns downwards below 50k first, this may cause a breakdown of market structure across many charts.
Medium Picture:
Big Picture if we break the last swing high before the SEC case:
$XRP to break ATH in coming months..I think with the fractuals, history, fundamentals, XRP will soon break it's ATH ..
X
XRPUSD GOOD NEWSHello guys, it me with the XRPUSD again, i am having a good fundamental news with beautiful technical.
# fundamental news
Our Statement On Recent Market Participant Activity
2 MIN READ • TEAM RIPPLE
DEC 29, 2020
The public and press have only heard the story from the SEC’s side, and we’ll be filing our response in a few weeks to address these unproven allegations against Ripple.
The SEC’s decision to file this action is not just about Ripple, it is an attack on the entire crypto industry here in the United States. We’ve always said that there is a dangerous lack of regulatory clarity for crypto in the U.S. — their lawsuit has already affected countless innocent XRP retail holders with no connection to Ripple. It has also needlessly muddied the waters for exchanges, market makers and traders. The SEC has introduced more uncertainty into the market, actively harming the community they’re supposed to protect. It’s no surprise that some market participants are reacting conservatively as a result.
In the meantime, Ripple will continue to operate and support all products and customers in the U.S. and globally. The majority of our customers aren’t in the U.S. and overall XRP volume is largely traded outside of the U.S. There are clear rules of the road for using XRP in the UK, Japan, Switzerland and Singapore, for example. For eight years, we’ve built products that help hundreds of customers solve pain points around global payments — we will defend our company and look forward to settling this matter in court to finally get clarity for the U.S. crypto industry.
Stuart Alderoty
@s_alderoty
·
20h
While we would have preferred to achieve regulatory clarity through thoughtful rulemaking or legislation, it’s now up to the Courts (not Twitter “hot takes”). What hasn’t changed is our steadfast commitment to constructive regulatory engagement. (1/2)
those two tweets make a good impact on ripple and make it to raise beautifully.
# TECHNICALLY
The XRP drop in to a monthly demand and and we are seeing a beautiful divergence on the H4 and a clear bullish engulfing candle as i was illustrating on the chart.
let's see what the market decide
XRPUSD BUYin xrpusd buy. anything between 85-95 cents i will slap a buy. Shouldn"t see any sell offs unless the sec comes with some smoke.
but things are looking gold for my favorite crypto coin. I purchase at 15 cents and i am long people. Also check out $safemoon . better load the boat. please leave your comments and if you have any hot coins we dont know about leave those comments. thanks
XRP FANS CAN REJOICEXRPUSD has broken out of a big upward continuation pattern and will probably be one of the fast runners in the alt rally coming up.
First target at 0.92 per token with a big possibility of overperformance which could triggered by many things such as the SEC reversing its decision to classify XRP as a security when its clear not.
Please share your thoughts on XRP in the comments below.
Like the idea, follow for more content
XRP, Key Fibonacci levels. Beware of the traps and keep calm!We will probably touch the red mid fork line before a little retracement to the bottom of the triangle. Remember, XRP will not moon until the SEC case is settled. There will also be more fake outs, so do not rush your position, the price of xrp is also under a manipulated floor until they go online with CBDC. XRP will be the liquidity provider for the worlds' sentral banks so do not miss this BINANCE:XRPUSDT
Trade safe everyone, and have a great week!
SEC vs. $XRP - A price action timeline (March 19th)Price of XRP in relation to news about SEC lawsuit.
In this chart I will be plotting some of the major news stories regarding the SEC lawsuit against Ripple in hopes of getting a better understanding of how this lawsuits affects the price in the long run. I'm aware that there's more news concerning Ripple ($XRP) outside of the SEC lawsuit and I'll try to add those articles that caused major price action, but for the time being I think it'll be more clear to stick to SEC vs. Ripple news. I will be expanding this idea whenever major news regarding the SEC vs. Ripple lawsuit is available.
📈Technicals
Fibonacci: XRP is trading just under the 0.5 retracement level.
RSI: Moving sideways at 52.52
MACD: Crossed over yesterday on the daily chart, closing above today will confirm cross-over.
Key S/R levels:
0.52155 - Strong resistance (0.618 fib)
0.48719 - Nearest resistance (0.500 fib)
0.44312 - Nearest support (long term trendline)
0.41830 - Stronger support (0.236 fib)
0.36500 - Lower support (0.000 fib)
▶Current Patterns
XRP price is currently in the middle of a symmetrical triangle nearing the apex (converging on March 28th).
Breakout price movement = (triangle top)-(triangle bottom) = 0.65028 - 0.36500 = 0.28528
Breakout TP : ~0.4610 + 0.28528 = 0.74628
Breakdown TP : ~0.4610 - 0.28528 = 0.17572
📰Latest top stories:
Ripple vs. SEC court grants motions to dismiss and strike sets schedule.
Ripple expands in asia despite SEC lawsuit increasing odds for a 60% breakout.
Judge declines xrp investors attempt to become third party defendants in SEC case.
💖💖 If this chart gave you some insights or saved you some time, please consider donating . 💖💖
XRP: rHeyDwwhfHmAeg44gHeKNTRam8KLBQnqdy
ADA: addr1qxfrnkcp76re8apqs08r4de0563pajlsrj3yzq4f57nwmusd22psc2da45vkhn2apttaz89ym6rkchprur238k43xl5sldhkw8
DOGE: DKdp5cRSJi5DEkfxJai48GigZPFtBk8vK2
WINk: TVbwZzvxg7ozrAs4jT2FHpshGwMHxvGnoF
(Keeping this chart updated requires a lot of research, work and coffee. If you spot any news I've missed, feel free to DM me or comment below)
❗Disclaimer❗
I am no financial advisor, I merely maintain this chart for my private - and for the public - education and entertainment.
Do not take any of this as financial advice and always DO YOUR OWN RESEARCH.
SEC vs. $XRP - A price action timeline (March 16th)Price of XRP in relation to news about SEC lawsuit
In this chart I will be plotting some of the major news stories regarding the SEC lawsuit against Ripple in hopes of getting a better understanding of how this lawsuits affects the price in the long run. I'm aware that there's more news concerning Ripple ($XRP) outside of the SEC lawsuit and I'll try to add those articles that caused major price action, but for the time being I think it'll be more clear to stick to SEC vs. Ripple news. I will be expanding this idea whenever major news regarding the SEC vs. Ripple lawsuit is available.
Technical Analysis
Fibonacci: ↘ XRP briefly touched the 0.618 ceiling earlier this day and is currently retracing back to the 0.500 line.
RSI: ↗ Currently moving upwards at 52.67
MACD: 🔀 Signaling a cross-over on the daily chart
Key levels:
0.52636 - Strong resistance
0.49718 - Nearest resistance
0.46962 - Nearest support
0.43762 - Stronger support
0.42723 - Lower support (long term trend line)
Todays top stories:
www.crypto-news-flash.com
bitcoinexchangeguide.com
www.financemagnates.com
Any donations will keep me motivated to expand this overview!
Donate me a ☕ at XRP wallet address: rG8WkRMcpwkRGsmy8mDiygNAiCar5M4SoT
Rippling and Looking for a BreakoutRipple has been filling out what could be either a symmetrical or ascending triangle since its last pump in February while ranging from about $0.42 to $0.49 since Feb 24th as it tightens into the vertex.
Anticipating a breakout within a week or so with a slightly bullish bias, my confidence of a move in either direction is not great.
Analysis : Daily indications mostly looking for confirmation. Remaining Neutral-Slight Bullish Bias .
Currently, my bias is slightly bullish due to the price action holding the $0.40 area as well as the directional index still maintaining the +DI above the -DI with a potential for a +DI/ADX cross suggesting a continued bullish trend. The shown linear regression channel has the -2 standard deviation finding confluence with a fibonacci cluster in the $0.40-$0.39 range, indicating that this could continue to be a strong area of support.
Some bearish factors are that the RSI is still in what I consider to be a slightly bearish zone below the 50 level as well as the MACD having both the MACD and Signal lines below the zero center line.
Looking for confirmation of breakout via the following.
What does confirmation look like??
I would like to see the following:
Price Action
Bull: A bullish impulsive candle breaking out of the triangle with a solid close above $0.50 would likely indicate a run upward.
Bear: A bearish impulsive candle breaking out of the triangle with a solid close below $0.40 would likely indicate a run downward.
RSI
Bull: RSI breaks above 55 corresponding with a solid candle break and close above $0.50
Bear: RSI breaks low, below 38.2 with a solid candle break below $0.40
ADX
Bull: +DI crosses above ADX (White line)
Bear: -DI crosses above +DI as well as ADX indicating trend reversal
MACD
Bull: MACD line (Blue) pulls up and crosses above signal (Orange). This "bullish cross" happening ON the zero line would be a very bullish signal.
Bear: MACD continuing below the zero line and maintaining this downward trend
Given the recent news released that the SEC and Ripple have agreed on dates regarding the arguments for a motion to dismiss, all due by June 4th 2021. There is no clear ending the the current legal battle. That said, there appears to be a technical indication of some sort of move in price action in the very near future, though I am uncertain what the catalyst would be.
Thanks for reading,
-Spreck






















