Continuation of last post of XRP Here you can see XRP's price action from 2013-2017 I talked about in the last post. Cheers!by kingoftrades884
XRP Price PredictionLooking at XRP's overall Price Action since its listing at Bitstamp in 2013 we can see a similar pattern evolving in the current Cycle compared to the Cycle from 2013-2017. 2013-2017 Price Action: 1. Cycle: Quick run up, then it went down like a curve relatively quickly (see blue line) 2. Cycle: Lower High than last Cycle and bottoming out over a longer period of time 3. Cycle: Parabolic Run Up Between Cycle 1 & 2 it took out Sellside Liquidity. Between Cycle 2 & 3 it took out Buyside Liquidity resting at 0.00907 - the swing high of that move comes in at 0.00947 ______ 2017-current Price Action: 1. Cycle: Quick run up, then it went down like a curve relatively quickly (see blue line) 2. Cycle: Lower High than last Cycle and bottoming out over a longer period of time 3. Cycle: Parabolic Run Up? Between Cycle 1 & 2 it took out Sellside Liquidity. Between Cycle 2 & 3 it took out Buyside Liquidity resting at 0.917 - the swing high of that move comes in at 0.947 Look at the "coincidental" price points of both Cycle's Buyside Liquidity grabs...you can't make that up. Remove two zeros and you almost get the exact same price points as in July 2023. ______ My guess is that it will take out the Sellside Liquidity resting at $0.28704. Maybe even trading down to grab the Sellside Liq. at $0.16918. Once it grabbed it, it will then go for another parabolic run up like we saw in 2017. Why would that make sense with the overall understanding of the market? Like I explained in my last BNB analysis Tether will go down at one point. Inevitable. XRP won't stay up there during that moment in time. Also think about it like this: The SEC case pump in July was a trap for retail traders to buy it up. Who sold it to them? Smart Money (the big guys). If Smart Money sold their fair share of XRP in July, then they definitely want to buy back in again, but at much lower prices, right? Who is going to sell once we break down the $0.30 floor? Retail...Smart Money is buying it all up, then we wait & XRP will be one of the big players in the future and get another parabolic run - working with Central Banks etc. (if you want to learn more about that follow me here or on Twitter - I will post more in the near future) ______ Looking at the chart from a different perspective: Since 2017 the chart has been getting compressed. When something gets compressed over a long period of time, this pressure needs to be released at one point like we saw in 2017. The same will happen in the future. Or think about it like as if it was breathing in and out. Universal laws. ______ Welcome to kingoftrades 88's way of charting. ______ Nothing posted here is financial advice.by kingoftrades88Updated 171712
XRPUSD 2025300-500 days after BTC halving maybe less due to increase in customers and crypto popularity apr-June 2025Longby Britcoin21
🔥 XRP GAINS MORE GROUND 🔥🔥 Hope you guys are doing well today, I appreciate you ladies and gentlemen taking the time to stop by, means a lot. 🔥 XRP's gained more ground having exited from our horizontal channel to the upside forming some higher ground and a higher high having pulled us up to that 0.53 level. I'll be watching here to see whether or not we can form a higher high or if this will be our next ceiling/point of resistance. 🔥 I expect that 0.531 level to be a bit of a blockade for us no doubt, it's good to see how these horizontal levels have basically done pretty well to keep us up to date with those support and resistance levels having done the job pretty accurately. Alongside that we look to our EMA's and can identify how we've continued to gain having avoided losing that 200 EMA on the 30 minute timeframe with our 20/50 EMA's doing the job still. 🔥 I'm waiting to see when the next pullback in but I'd set some alerts for 0.525 and 0.514 in case we reverse down to that point and get into a price war as that 200 EMA will no doubt catch up to us at one point or another so when that comes to fruition I'll be sure to keep an eye on price action. Below is also the main chart with the ascending channel having been added. 🔥 That ascending channel is what's holding us up right now but once we exit that channel I expect things to lose momentum and start the retracement. I have to go but hope that's alright, just wanted to share something quick to keep you guys posted. Thanks and all the best as always, thanks for the continued likes and support. ~ Rock ' by Rocksorgate226
you want to be looking at $xrp herexrp is currently hovering above a mega support block that has been a floor for over 5 years, in every previous wave so far (bullish or bearish) the most traded volume has occurred in the 0.10c-0.40c range creating a high volume node and the point of control for all xrp sales and purchases. when the coin finally breaks the yellow diagonal and reclaims the highest monthly close price thus far, xrp will moon.Longby TBTSUpdated 225
XRP likely headed lowerWe saw XRPUSD pop slightly above $0.51 three days ago on the fake news about the SEC approval of Bitcoin Spot ETF. However, these gains lasted briefly, and XRPUSD bounced off the 50-day SMA that remains hovering above the 20-day SMA, indicating a downtrend. As for other technicals (on the daily time frame), MACD, RSI, and Stochastic are bearish. In fact, MACD recently failed to stay above the midpoint and reenter a bearish zone, which is quite worrisome. Due to that, we continue to be bearish on XRPUSD and think Bitcoin’s growing dominance will keep a lid on its price. Consequently, our view that XRPUSD will mark new lows below $0.45 remains valid. Illustration 1.01 The picture above shows the daily chart of XRPUSD and simple support/resistance levels. Technical analysis gauge Daily time frame = Bearish Weekly time frame = Slightly bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. 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. Shortby TradersweeklyUpdated 101013
XRP drop from triangle?Looks like a clear abcde Elliot Wave triangle is near completion. Shortby TrafficLightTrading113
Ripple's Resilience and Ambition: An In-Depth Look at XRP's caseOver the past few weeks, Ripple, the company behind the native token XRP, has been making waves in the cryptocurrency landscape. The convergence of several key developments has provided a bullish momentum for the company, strengthening its position and offerings in the digital asset arena. This article aims to dissect these significant developments and their potential ramifications. 1. Ripple Acquires Metaco: Expanding its Digital Asset Custody Capabilities In a strategic move that underscores its commitment to growth and innovation in the digital asset space, Ripple acquired Swiss custody startup, Metaco for $250 million. Renowned for its secure digital asset management expertise across various applications, including blockchain technology, Metaco's incorporation into Ripple's operations promises to enrich its product offerings. This acquisition positions Ripple as an even more attractive option to financial institutions and individual users seeking comprehensive solutions for digital asset management. 2. Ripple Acquires Minority Stake in Bitstamp Ripple has recently acquired a minority stake in Bitstamp, one of the oldest cryptocurrency exchanges, previously owned by Pantera Capital. The specifics of the transaction remain undisclosed, but the move reflects Ripple's intent to expand its global presence and diversify beyond payments. This strategic investment strengthens Ripple's long-standing relationship with Bitstamp, which has served as a gateway for Ripple's XRP token. 3. Ripple Unveils Its Central Bank Digital Currency (CBDC) Platform As countries worldwide show heightened interest in developing their digital currencies, Ripple has launched a dedicated platform for Central Bank Digital Currencies (CBDCs). This innovative platform, built on a new private ledger that harnesses the power of the XRP Ledger, offers an end-to-end solution to central banks, governments, and financial institutions seeking to issue and manage their digital currencies. Ripple's CBDC Platform brings several advantages: ledger technology, issuer, operator, and end-user wallets are all part of the package. This comprehensive solution simplifies issuing and managing digital currencies, positioning Ripple as a critical partner for institutions venturing into CBDCs. 4. Ripple Unveils Its Central Bank Digital Currency (CBDC) Platformament to Ripple's Technological Prowess Ripple's commitment to the CBDC space has been further reinforced with its inclusion in the Hong Kong e-HKD Pilot Program. As the only representative from the crypto sector, Ripple will leverage its extensive knowledge and experience in the settlement of tokenized assets. This involvement validates Ripple's technological capabilities and provides a real-world testing ground for its CBDC platform, potentially paving the way for future partnerships with central banks and governments. 5. SEC Court Rulings Favor Ripple: A Potential Game Changer Recent court rulings have increasingly favored Ripple in the ongoing legal dispute between Ripple and the SEC, possibly setting a precedent for future cryptocurrency regulations. Central to the case is the Hinman letter, named after former SEC official William Hinman, who suggested in a 2018 speech that Ethereum should not be classified as a security. Ripple has sought public access to related internal SEC documents, believing they could support their defense that XRP, like Ethereum, isn't a security. On May 16, 2023, the court ordered these documents to be unsealed by June 13, 2023. Ripple's legal commitment, demonstrated by its projected $200 million in legal expenditures and recent victories and contradictions in SEC statements, may bolster its case that XRP is a digital currency, not a security. Despite the uncertainty surrounding the case's outcome, a win for Ripple could have far-reaching implications for the cryptocurrency industry. It could help solidify XRP's legal status in the US market. Summary and price action Ripple has proven its resilience and ambition through strategic initiatives, court victories, and partnerships. These developments, from acquiring Metaco and launching a CBDC platform to winning key court rulings and participating in Hong Kong's e-HKD Pilot Program, illustrate Ripple's potential to shape the future of digital currencies. The recent acquisition of a stake in Bitstamp further highlights Ripple's commitment to expanding its influence in the global cryptocurrency space. With these recent developments, Ripple strategically positions itself at the forefront of the rapidly evolving digital asset industry. XRP has outperformed the entire market since the November 2021 peak, as it was one of the few tokens/coins that hadn't pumped much compared to the rest. In November 2020, XRP got hit by the SEC lawsuit and was delisted by all US exchanges, while most other coins remained on these platforms. Now Ripple is close to potentially even winning its case against the SEC, with some essential information coming out today, while the rest of the market is just starting to deal with the SEC. As seen by XRPUSD and XRPBTC, it looks like the chart is a massive accumulation base that is ready to explode higher. It seems like the market knows something and is anticipating a positive outcome from the court case. The SEC may lose many of its issues (against Ripple, Grayscale, and Coinbase), and these could boost the market massively. So even if Ripple loses this case, more fights could turn things around for XRP and the entire crypto market. Again, as XRP doesn't have to deal with delistings and is ahead of the curve, it is less risky than other coins/tokens, which might have a different fate. Longby BitcoinMacroUpdated 12
XRP Pumping 10% as SEC Drops Charges!XRP has surged a whopping 10% as the Securities and Exchange Commission (SEC) drops its legal charges against Ripple Labs. It's time to rejoice and seize this golden opportunity! 🚀 XRP Rockets to New Heights! 🚀 The recent development in the Ripple vs. SEC case has sent shockwaves throughout the crypto community. With the SEC's charges dropped, a renewed sense of optimism and confidence has flooded the XRP market. As a result, XRP has skyrocketed by an impressive 10%, and the momentum shows no signs of slowing down. 💰 Time to Long XRP: Embrace the Bullish Wave! 💰 Are you ready to ride this bullish wave and capitalize on the XRP pump? This is the perfect moment to consider longing XRP, as the market sentiment is overwhelmingly positive. With the legal shadow lifted, Ripple Labs can now focus on expanding its innovative solutions, potentially driving XRP's value even higher. 📈 Seize the Opportunity: Take Action Now! 📈 Don't miss out on this incredible chance to maximize your gains. It's time to take action and long XRP! Here's what you can do to make the most of this exciting situation: 1. Conduct thorough research: Dive into the latest news, market analysis, and expert opinions to gain a comprehensive understanding of the current XRP landscape. 2. Set your trading strategy: Define your entry and exit points, establish stop-loss orders, and determine your risk tolerance to ensure a well-informed and calculated approach. 3. Choose a reliable platform: Select a trustworthy cryptocurrency exchange that offers seamless trading experiences, robust security measures, and competitive fees. 4. Stay updated: Keep a close eye on XRP's price movements, market trends, and any potential catalysts that may impact its value. Stay informed to make timely decisions. Remember, trading involves risks, and it's essential to exercise caution and make informed decisions based on your individual circumstances. The recent developments in the Ripple vs. SEC case present an exciting opportunity, but always ensure you are comfortable with the potential outcomes. ✨ Embrace the Ripple Effect: Let's Ride the Bullish Wave! ✨ Join us in celebrating this significant milestone for XRP and Ripple Labs. The positive sentiment surrounding XRP is contagious, and together, we can ride this bullish wave to new heights. Long XRP and make the most of this incredible opportunity! Longby bryandowningqln6
☄️ SEC DROPS CHARGES! XRP ☄️☄️ Thanks for stopping by this shouldn't take long but is very good to hear. ☄️ Crazy to see how long we we're stuck sideways trading between 0.479 and 0.492 before getting that breakout with this news of the SEC announcing that the SEC will indeed seek to dismiss all claims against Ripple's CEO who is Brad Garlinghouse and it's executive chair Chris Larsen. Something to point out is that the filing doesn't state the SEC is dropping the main civil case against Ripple, just dismissing it's claims against Brad and Chris which in itself is still a huge win. ☄️ With the SEC's other cases against high profile figures in the crypto space, to see a dismissal in itself for Brad and Chris is a great victory for XRP proving even more that the lawsuit was unjust. ☄️ I don't need to do much TA today, after all, most of this move up has been thanks to the news and that's been what has sent us straight up breaking our horizontal levels, pulling us up to that 0.526 level where we already know we'll have some big resistance, especially considering the last time we we're up here was prior to our big fall. ☄️ After an impulsive move like this I wouldn't be surprised to see some healthy retracement, especially as we've overextended away from that 200 EMA granted we've regained the 200 which is great but we've distanced ourselves from it so naturally wouldn't be to surprised to see trading acting try and pull us back closer to that 200 EMA. ☄️ The rest of the market has followed XRP with Bitcoin and other crypto's marking some nice positive gains for the week with news of a possible Bitcoin ETF being on the horizon, such in itself would create a huge opportunity for crypto of course to expand and become more ingrained in the financial world as it already is doing day by day like Ripple continues to do. ☄️ TA Wise I'm watching for resistance below 0.52 and support above 0.514. That is basically the make or break it for the levels, below 0.514 and we'll likely retrace back a while but a break above 0.52-6 could put us in a position to regain even more of a percent though all in all, it's good to see XRP regain it's ground. We already figured in the past idea that what was gonna send us up would most likely be the news so least we've got that down, what happens next will be up to the market makers and what sentiment is like up here. ☄️ I'm expecting some retracement as that's usually what happens after a big jump like this, I could be wrong but just my thought given past price action. Set some alerts for those horizontal levels if you'd like but if I may offer a cheers. It's good to see XRP continue to win both outside the legal system and within as they continue to push with their mission to bring XRP to the world's financial system. ☄️ Gotta go to the gym so I'm leaving this idea here for now but thanks for stopping by, really appreciate it and let me know thoughts on the dismissal, I've linked the article below for anyone interested. Thanks and have a great day, feel free to leave any likes or follows. ~ Rock ' cointelegraph.comby Rocksorgate116
XRP 6.62% Growth (SEC Drops Lawsuit)!XRP has gained 6.62% growth within the last 24 hours, on the back of good news that the SEC (Securities Exchange Commission) drops their lawsuit against two Ripple Labs executives. The original charge claimed that the blockchain company violated U.S. security laws by selling unregistered securities. The SEC is now taking back that claim. From a technical stance, this should give XRP buyers the opportunity to take out the previous, pending liquidity sitting at $0.55 which is another 5.90% growth from current market price.Longby BA_Investments4
Free of Charges, Will XRP Bounce To $1?SEC Drops Charges: The SEC has withdrawn charges against Ripple Labs executives, leading to positive market sentiment. Price Surge: XRP experienced a sharp 6.55% jump, reclaiming the $0.52 mark. Year-to-Date Jump: XRP has seen a 52% increase in 2023. Sideways Trend: XRP has been moving sideways between $0.46 and $0.55. Death Cross Test: The price action is testing a death cross, attempting to regain bullish alignment in EMAs. Hopium Rally: With the SEC abandoning charges, a rally driven by hope and optimism is expected. Technical Indicators - RSI: The RSI line has crossed the halfway line and the 14-day SMA, indicating a bullish phase. Technical Indicators - EMA: A death cross between the 50-day and 200-day EMA may soon reverse. Current Price: XRP is trading at $0.51243 with an intraday fall of 1.37%. Positive Scenario: A breakout above $0.55 could lead to a rally reaching $1 if it sustains above $0.70. Negative Scenario: A reversal from $0.55 could lead to a 9% drop to $0.46. Short Pullback: Despite the bullish engulfing candle, a short pullback is currently in motion.Longby Coinpedia-Market-Insight224
If Ripple wants to convert to a IPO and burn the XRP in screw!Can you guess if RIPPLE convert to a IPO and also in same time burning the rest of #XRP? Add if JPMORGAN want to use crypto too! Its all fake news or happen soon?! 1$ 10$ 100$ 1000$ 10000$ More….. Longby MR_COIN712Updated 7712
XRP sell projectionXRP sell projection on Daily time frame Equal highs are expected to be taken FVG on 1D with a target on 0.45890 Shortby chirislash1
✴️ Good News? SEC To Dismiss Lawsuit Against Ripple's CEOThe news once more support the chart. XRPUSD has a bullish chart. XRPUSD has been showing some really strong bullish signals for more than a year. XRPUSD was bullish before a Ripple win in court. XRPUSD was bullish yesterday and today's good news support this bullish chart. The SEC made a move to dismiss its lawsuit against Bard Garlinghouse and Chris Larsen, Ripple's CEO and Co-founder. This can mean that we are ready for the next bullish wave... Notice how this news matches a bullish Bitcoin, bullish Gold, bullish market, bullish Crypto... The news support the market once more. First the market and then the world. Namaste.Longby AlanSantana26
XRP has a potential short i. playHistory don't repeat itself but it rimes, Statistically XRP has another 70/80% drop before going up Shortby swall582556
LAST TIME I'M SAYING THIS-XRPFellas and Fellettes, we are inching closer to the ultimate wealth transfer, there will possibly be. Technical indicators, are showing that the bears are losing steam, but also we have been consolidating, for the near past; that consolidation has only been getting tighter and tighter, meaning breakthrough of some kind. My bias is long, basing off of fundamentals about this particular coin and investment, I keep showing the charts to express the tighter flag and everything coming together.Longby DiorNoire101015
LETS GO TO THE MOONPerhaps price will up to 1.4 and waiting for the SEC on 17 May , up to 3 or down to 0.6 by waktotankUpdated 229
Xrp/Usd Buy IdeaXrp/Usd has a new trend starting on the hour 4 time frame. I believe XRP will move up from this area. Im trading small and my stop loss is right below the current 4 hour candle. I trade small and use tight stop losses when I can. This seems to be a Trend Following trade idea on the 4 hour time frame. Good LuckLongby RlcTrading1110
XRP: $0.30 | Entry Exit Windows accumulation in progress for big funds to park and establishing base for 2020 rally by OsangUpdated 4
Trade of the Week: COMBODate mark up: October 15, 2023 CRYPTO:XRPUSD Scissors Trade Trade setup: Identify a an engulfing candle stick ( Bullish engulfing or Bearish engulfing) on the 4Hr. Then grab your fib and place it from the top of the candle to the bottom of the candle. Next grab a white dotted ray and place it at the 50%. Make sure to delete the fib after identifying the 50% mark. Now we are waiting for a break above or below at the 50% followed by a retest at the same 50%. Execute: Break and retest WON> TP 327 Pips Payper Trade BROKE OUT OF CONSOLIDATION Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY. Execute: Clear break and retest from top or bottom of box. WON> TP 130 Pips Standard Rules: *Position Type: Limit orders and Market Execution orders ONLY * Only risk 5% of your account Shortby hesanointed2
Seem to move up! Be readyits a sign to moving around 2$, then Ripple burn the reserved XRP! by MR_COIN7125
⚡️ XRP LOCAL TA ⚡️⚡️ Today's idea is gonna be pretty quick and simple so this shouldn't take too long. ⚡️ XRP following up from our last idea doing it's part to regain that 200 EMA continuing within out ascending channel. In yesterday's idea though we did give the ascending triangle and following up from that on the hourly can see how we are still within that ascending triangle roughly. Below is the hourly chart: ⚡️ Main point right now is that we're hitting that resistance at the top of our ascending channel/ the ascending triangle in trying to break 0.49 with bears definitely trying to keep the pressure on us with that large sell order clearly displaying strong resistance on behalf of one whale or whoever it may be that wants to pull prices down. ⚡️ I would watch the ascending channel as right now that'll be the catalyst for things alongside whether or not we can regain the 200 EMA or fail and get a double top here which hopefully doesn't happen but if so 0.485-6 is that support level where you should set any alerts for those that may like to keep an eye on price action. ⚡️ That's it for today, said this would be a quick idea and I've got to get ready for work, going in early today but appreciate you guys as always, wishing nothing but the best. Any likes or follows also help me out so thanks to those of you that continue to support me. ~ Rock ' by Rocksorgate3310