Symmetrical triangleThis symmetrical triangle further supports my last idea. We have bounced off the trend line as I predicted. Next stop .70 IMO. Longby Jerseyboy798
XRPUSDT SHORTXRPUSD got rejected from the red trendline and I think will be coming down to the 1st and after little pullback to the 2nd red trendline. I've opened position at Open price : 0.62 TP1(50%): 0.61 (120% 75Xlev) TP2(50%):0.596(290% 75xlev) Sl above red trend line Shortby CoinComanderUpdated 3
HelenP. I Ripple can decline a little more and then start riseHi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how the price rebounded from the support area some days ago and made a strong impulse up to the trend line, thereby breaking 0.5900 and 0.6700 levels. But then Ripple started to decline and in a short time fell below the 0.6700 level, which coincided with the resistance zone. Price some time trades close to this level and tries to back up, but fails and declined lower to the support level. Next, Ripple rebounded from this level and rose to the trend line, after which it at once rebounded and fell to the support zone. Then the price made impulse up higher than this level and even soon broke the trend line. After this, Ripple made a retest and a little rose higher, but recently it started to decline. Now, I expect that the price can continue to decline to the support level and after Ripple reaches this level, it rebound and start to move up. That's why I set up my target at the 0.6400 level. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen1118
Whale Dumps Over 25 Mln XRP Amid A Price Slump XRP Price: The XRP cryptocurrency gains significant traction within crypto markets as it recently witnessed an increase in whale activity. XRP, a Ripple Labs-backed cryptocurrency, is once again creating a buzz within the world of cryptocurrencies as it witnessed significant whale activity as of today, November 27. According to recent market data orbiting around the Ripple-backed cryptocurrency, an XRP whale transferred colossal amounts of XRP to a centralized exchange. Furthermore, the same whale has been observed transferring millions of XRP to CEXs in a series of transactions over the past few days. Subsequently, the XRP price also witnessed a marginal plunge over the past day as of writing. XRP Whale Activity Report For Today As per the data provided by Whale Alert, a blockchain tracking platform, an unknown wallet, 4wf7enWPx…5XgwHh4Rzn, transferred 25.5 million XRP to Bitstamp, a Luxembourg City-based digital asset exchange today. The amount of tokens transferred to Bitstamp totaled $15.72 million at the time of writing. As reported by CoinGape media earlier, the same whale has amassed substantial attention within the cryptocurrency realm as it transferred millions of XRP to exchanges over the past few days. Furthermore, the dumping of massive amounts of XRP to Bitstamp appears to come concurrent with the recent price fall witnessed by the token. The dumping of tokens to exchanges usually portrays a possible increase in supply, resulting in reduced demand for the cryptocurrency. XRP Price Evaluation At the time of writing, the XRP price witnessed a marginal downfall of 1.89% over the past twenty-four hours, reaching $0.6093. Moreover, the token witnessed a 1.69% decrease over the past seven days. However, the twenty-four-hour trading volume saw a notable increase of 128.08%, evaluating $1.30 billion. The mentioned decline in price appears to coincide with a notable increase in whale activity, as substantial amounts of XRP are being dumped onto exchanges. Furthermore, in recent news revolving around the cryptocurrency backed by Ripple Labs, Brad Garlinghouse, the CEO of Ripple, shared his insights in a social media post in response to the comments made by former U.S. Securities and Exchange Commission Chair Jay Clayton about cryptocurrency regulation. Garlinghouse’s reaction was prompted by Clayton’s recent supportive remarks toward cryptocurrency entrepreneurs during a Council on Foreign Relations event.by DEXWireNews2
XRPUSD double fibonacci patternCRYPTOCAP:XRP perform a nice bullish wave at previous analysis and still follow fibonacci rules. We have 2 setup here : Setup 1 : ABCD pattern with entry at $0.6021 Stoploss at $0.5616 Target at $0.8333 Risk reward ratio : 6.78 Setup 2 : Harmonic pattern with entry at $0.6021 Stoploss at $0.5661 and target at $0.7177 Risk reward ratio : 3.44 Good luck Longby AzrulAzir22
XRP started the run HOPEFULLYHello guys, since BTC is back on track, Noticed a broken channel/wedge on xrp, which is confirmed by daily close and triple 4h close. My final target is around 0.72$ ( if broken and retested -->1$) a close target would be 0.65$ BTC should move sideways or continue toward my target 38600$ then move sideways to let the altcoins move upwards. SL. daily close under 0.56$ or BTC under 36400 Thanks Longby TANcrypt0Updated 2235
The cup and handle formation XRPUSDTHow Did the Cup and Handle Pattern Form? The cup and handle formation appears when there has been an upward movement pattern. This is a bullish upward continued pattern. The trend is confirmed as cup and handle formation only when the stock price surpasses the resistance level and shows an upward movement. Only then can a trader get a confirmation that the higher price stock movement is going to sustain. When a stock begins to move upwards and shows a bullish pattern, traders continue to invest in the stock’s growth and positive trend. As the stock breaches high levels, investors who came in at the beginning of the uptrend start booking profits. At this level, the upward trend halts, and the price falls with selling pressure. At this stage, the cup formation curves downwards in a bowl shape. As traders and investors continue to book profits, the cup moves lower, indicating a temporary downward cup. At these levels, savvy investors, traders, and institutions begin to pump funds into the stock at attractive levels due to the fundamentals of the stock or value buying. At these low price levels, buying comes in, and with buying pressure, the cup curvature starts moving up to reach the resistance line. At this stage, an entire curved bowl-shaped cup is seen. The handle emerging here is interesting to note and indicates human psychology. The trader who had invested at the peak of the resistance line before the stock dipped is eager to take his capital back as the stock moves up. Moment stock touches the resistance level, and this trader sells. Also, the traders who started buying at the bottom of the cup look at the resistance point as a safety level to book profits. There is selling pressure at resistance levels, and the upward cup shape is halted. The volume of stocks also identifies the cup and handle at the beginning of formation at the end of the cup curve. The volume of shares is low at the end of cup formation as the selling is not heavy here. The investors who bought at the previous resistance level their capital and sell. Short-term traders without a fundamental view sell at the seeming peak of the stock. The institutions and experienced investors hold on to the stock bout at cup bottom. The selling volumes are low and don’t push the stock price down. The buying also continues, and if large volumes of buying hold, the stock breaks the resistance level, and upward trends emerge, making a handle pattern. Longby MantasJogminas2218
XRP will take rest of Orders and goin dw to create new lowXRP did a huge momentum and create a new low i think that High is gonna protect we can trade short on 2 OB's that i mentioned on chart Shortby Ali_a5Updated 1
XRP 75x ShortAll Crypto is about to drop harshly imo and XRP gave a good R:R hereShortby reiiss7Updated 1111
XRP Price TargetIf you haven`t bought the dip on XRP here: Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is XRP. I've set a short-term price target for XRP at $0.53. Looking forward to read your opinion about it! Shortby TopgOptions8
XRP: Pullback in UptrendRipple (XRP) technical analysis: Trade setup : Bullish breakout from Ascending Triangle pattern and above 200-day moving average signaled resumption of an Uptrend. Price spiked up as high as $0.73 but got very overbought (RSI > 85!) and pulled back on some profit taking. This pullback near $0.55 support and 200-day MA could be a swing entry opportunity in an Uptrend with upside to $0.92. That’s the peak from July’s runup. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.45. The nearest Resistance Zone is $0.68, then $0.92.Longby altFINS10
XRP in bullish ? Hello traders , what is your opinion for XRP ? After the break out and consolidation above the Resistance of trend line , I am expecting the price to increase up to a specific level of Resistance zone . If this post was helpful for you , please share your comments and like . Thank you . Longby daytradetraining2229
Me Playing around with chart (looks bullish)Pretty sure we will drop to trend line, and then shoot for the moon. Next stop over .70.Longby Jerseyboy794
XRP/USDTXRPUSDT chart looks promising. Not A Financial Advice. Smash up the like button, if you like my idea. Thanks :)Longby doganhazardUpdated 3314
Potential ShortAt the moment I'm looking at a short on 2nd wave correction as part of an ultra bullish move up. DYOR and Good luck! Shortby shaunyteel1
XRP - Get ready for going LONG!!! Keep an eye for the retest at 0.27 Fib. Level. MACD and VMC are pointing towards a LONG position. Easy money 💰 Longby DOOMSLAYER968
Ripple Aims for Dominance in $300 Trillion Cross-Border PaymentsRipple's XRP-powered solutions are set to revolutionize cross-border payments by 2030, offering efficiency and transparency. Ripple is making significant strides in the cross-border payment sector, with its XRP-powered solutions aiming to transform the colossal $300 trillion market by 2030. Pegah Soltani, Ripple’s Head of Payments Product, spearheads this ambitious initiative, focusing on leveraging blockchain technology and the XRP digital asset to revolutionize international financial transactions. Revolutionizing International Transactions Ripple’s strategy involves simplifying the complex global payment network. The company aims to introduce more efficient, cost-effective, and transparent cross-border transfer methods. This approach aligns with market predictions, indicating a potential surge in the value of Ripple’s XRP. Analysts forecast an increase of up to 5,000%, possibly driving its price over $25. Ripple’s Transaction Mechanisms A key component of Ripple’s strategy is the XRP-Xahau Burn2Mint (B2M) feature. This innovative mechanism enables the conversion of XRP tokens into XAH, Xahau’s native token. This process enhances transaction security and integrates seamlessly with decentralized networks, thus bolstering the XRPL ecosystem’s functionality and security. Enhancing Cross-Border Payment Efficiency Ripple aims to address perennial issues in the cross-border payment arena, such as slow transaction speeds, high fees, and frequent processing errors. By utilizing Ripple Payments service and the efficiency of XRP, the company aspires to transform the way international funds are transferred. This approach promises faster, more affordable, and transparent international transactions. Moreover, the advancements could significantly challenge traditional systems like SWIFT, suggesting a shift towards a more accessible and efficient global financial system. Consequently, Ripple’s journey in the financial sector warrants close attention since it could redefine international finance mechanisms. Longby DEXWireNews4
XRPUSDT update XRP is in the make or break situation. It has breakout of the downward trendline but in the same time it is at a resistance of previous highs. Look out for this if it breaks above the previous highs, good time to go build a long trade. If it fails might turn a long term short trade only if it faces rejection at previous highsby Vivekvs1
XRP has Broken Out of Descending Channel |👀🚀 What 's Next?💎 Paradisers, prepare for a captivating trading prospect with XRPUSDT. The asset is currently exhibiting significant activity within the demand zone, indicating a potential shift towards an upward trend. 💎 Ripple has been meticulously following a descending channel. It has previously broken above this channel, and we anticipate a move towards a resistance level, followed by a quick pullback, consistent with its typical channel behavior. 💎 There's a strong likelihood of a bullish movement initiating from the support level around $0.5742. With XRP having effectively broken out of the trading channel upwards, a resistance target near $0.9500 is within sights. 💎 Timing is crucial for astute Paradisers. Identifying the most favorable entry points during this upward trend is key. It's advisable to be cautious and avoid buying at the peak of the movement. 💎 Stay alert, as there's a possibility of XRP falling below the support level of $0.471. A drop beneath this crucial point might cast doubts on the sustainability of the upward trend.Longby MyCryptoParadise_Simon16
XRPUSDT - LONGIn this analysis, we will conduct a comprehensive examination of the XRP/USDT trading pair, with a specific focus on a potential breakout scenario. Our prediction centers around awaiting the breach of the resistance line at $0.6275 USDT, coupled with a subsequent pullback into a predetermined buy zone. The recent price action indicates the formation of a bullish flag, and our strategy is aligned with the breakout from this pattern, which occurred after a retracement to the 61.8% Fibonacci level. Technical Analysis: Bullish Flag Formation: The XRP/USDT pair has displayed a notable technical pattern in the form of a bullish flag. This pattern is characterized by a strong upward move (flagpole), followed by a consolidation phase in the shape of a flag. The recent price action suggests that the market has entered the breakout phase following the completion of this bullish flag formation. Breakout Confirmation: The primary focus of our analysis is the resistance line situated at $0.6275 USDT. A successful breach of this resistance level is crucial for confirming the validity of the breakout. Such a breakout should ideally be accompanied by an increase in trading volume, signaling heightened market interest and participation. Fibonacci Retracement Level: The recent retracement in price action retraced to the 61.8% Fibonacci level. This level is often considered a key retracement level in technical analysis, and the fact that the breakout occurred from this point adds confluence to our analysis, indicating potential strength in the upward momentum. Buy Zone Determination: Post-breakout, our strategy involves a patient approach to identify an optimal buy zone. This zone is typically located just below the breached resistance line and is defined by a combination of technical factors, including support levels, moving averages, and possibly the lower boundary of the bullish flag pattern. Candlestick Patterns and Fib Extension Levels: To further refine our entry points, we can utilize candlestick patterns and Fibonacci extension levels. Bullish candlestick patterns during the breakout and extension levels beyond the previous swing high can provide additional confirmation of the strength of the emerging uptrend. Prediction and Trade Execution: Price Target: Following the breakout and entry into the trade, establishing a price target is crucial. This can be determined by projecting the height of the flagpole onto the breakout point, providing a reasonable expectation for the extent of the upward move. Risk Management: Before executing the trade, implementing a robust risk management strategy is paramount. Setting stop-loss orders just below the buy zone and incorporating a risk-reward ratio ensures that potential losses are controlled while allowing for favorable risk-adjusted returns. Monitoring and Adaptation: Continuous monitoring of the trade is essential. Adjustments to the strategy may be necessary based on evolving market conditions. Trailing stop-loss orders can be employed to protect profits as the price continues its upward trajectory. Conclusion: In conclusion, our analysis and prediction for XRP/USDT trading focus on the breakout from the resistance line at $0.6275 USDT, following the formation of a bullish flag and retracement to the 61.8% Fibonacci level. The disciplined identification of a buy zone and the integration of risk management principles form the core of our strategy, aiming to capitalize on the potential opportunities presented by the current market dynamics.Longby Adam-Robinson4
XRP broke out of a descending wedge pattern on the daily chartFor the past two weeks, BINANCE:XRPUSDT has been in a descending channel. Price just broke out of this channel, making higher highs for the first time in a while. If this maintains, we could see a retrace back up to $0.73. Are you bullish on XRP? Now is a good time to load up your bags!Longby tokentradertv3
XRP/USDT - 15% pumpOk folks, here is what I think and I am 70/30 certain we will see at least a little pump and continued upward momentum on the XRP/USDT chart. 1) We just broke a downward channel, after a retest I think we will continue climbing up. 2) RSI has somewhat of a repetitive pattern of going above 70, we have not seen it there for about 18 days and I think we are on our way to going there. 3) we already touched the 0.618 fib retracement levels. If we are on our way to making wave 3, We might go up as much as 0.80 4) It's Thanksgiving and every self-respecting retail investor is about to share the hidden knowledge of XRP with their uncle, cousins, and the rest of the family. I am expecting at least 5% of uncles and cousins to FOMO in and jump on the hype train. So that's that. Overall, I am short-term bullish -70/30 and by short-term, I think this will play out by Sun/Mon. What do you think? Good luck trading and Happy Thanksgiving!Longby Technical_Perspectives_69_4208
#XRP : Targeting 1$ in the Near Future. Expecting at least 35%.XRP have been in a good position and a healthy market phase compared to the overall crypto market. For now we can witness that a beautiful cup & handle pattern already formed and is finishing its current phase preparing for a breakout. If things keep the same as it is, there will be a high probability to see Ripple making some good North side moves. Besides the formation of the pattern: -- We can witness a bullish divergence with the RSI and MACD. - Stochastic showing an oversold behavior and seems sellers are being knocked out as we speak. - MACD and RSI are still showing an uptrend momentum and that there is a space for growth in the near future. - The handle on the 1D chart is already forming a bullish falling wedge on lower time frames and a break out will confluence the 1D chart. - Ichimoku Cloud is providing a good support at current price level. - Next strong resistance area will be in between $0.71 - $0.73 and these areas will be much more interesting to follow. - If the neckline can be broken at any point of time we sure can wait for a successful retest and that will be our entry for a confirmed move towards the $1 price tag. - Will be updating about the fundamentals soon too and a closer watch to this formation for sure will repay the patience. - Stop loss will be considered to be at the price level where a failure of the retest occur. By this depeding on ones trading strategy putting the stop anywhere below the neckline will be a wise move. Keep spreading the knowledge and +ve energy. Let you be peace in every single steps of your life. Stay tuned for more. @ cryptotalketLongby cryptotalk_et20