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Ripple

Small 1 to 2 Risk vs. Reward XRP SHORT TRADE $500 at 25XThis is a risky time to enter this trade, but I'm going to take a small short position against XRP in an attempt to capture a potential correction to the bottom of the forming wedge pattern as the bull flag is forming. I'm not going to risk much; it’s more of a hunch. Overall, I'm very bullish on XRP right now, but as a trader, I can't help but try to capture this potential red candle. Don’t follow my trades; come up with your own ideas. Don’t be a follower—be a trailblazer! Good luck!
BITSTAMP:XRPUSDLong
by MetaShackle
Buy on best zoneAnalysis by: EZ7strategy 🎖 📊In these patterns in the chart, the long-term trendline, which we are waiting for a failure to climb, and next to it, the buying areas that have places to be touched at any moment, which is consistent with the end of the second leg of the second move. 🎯Please exit according to the targets and stop loss must be placed. Primary entry: 0.439 ___ Secondary entry: 0.385 Stop loss: 0351 Targets: 0.491 - 0.579 - 0.671 - 0.802
BINANCE:XRPUSDLong
by ehsancrypto72
2
XRPUSDT potentially good moment to reenter on the correctionXRPUSD has recently seen an upward impulse move but is now pulling back after encountering resistance. The price has retraced roughly one-third of the previous bullish advance, indicating some selling pressure, yet the overall trend remains intact within an ascending channel. A complex pullback has formed near the resistance zone. The breakout and close above the critical 0.500 level signal growing momentum in the market. This could suggest a potential accumulation phase, as buyers might be waiting for a more attractive entry point. The psychological level of 0.500 is expected to offer strong support. If this level holds, it could provide an opportunity for buyers to re-enter the market, potentially triggering another upward leg. The outlook remains cautiously optimistic, as long as the price stays above this crucial support. The target is the resistance zone around 0.6160
COINBASE:XRPUSDLong
by RTED_Investing
XRP Major Breakout: Is Next Price Target Will $1.22?Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. The cryptocurrency market has been characterized by volatility and uncertainty, but one digital asset is currently turning heads: XRP. Technical analysts are buzzing about a potential game-changing breakout as the altcoin displays a classic bullish Symmetrical Triangle pattern on its weekly chart. The Symmetrical Triangle Pattern A Symmetrical Triangle is a chart pattern formed by converging trend lines connecting a series of lower highs and higher lows. This pattern often indicates a period of consolidation before a significant price move. The direction of the breakout, upwards or downwards, determines the subsequent price action. In the case of XRP, the Symmetrical Triangle has been forming for an extended period, suggesting a substantial amount of energy building up within the pattern. If the price breaks out to the upside, it could signal a powerful bullish move. The Bullish Case for XRP Several factors contribute to the bullish sentiment surrounding XRP. Firstly, the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) has been a major catalyst for price volatility. While the case is still ongoing, recent developments have injected a sense of optimism into the XRP community. Secondly, XRP's underlying technology, RippleNet, continues to gain traction in the global payments industry. As more financial institutions adopt Ripple's solutions, the demand for XRP as a bridge currency could increase, potentially driving up its price. The Potential Price Target: A Jaw-Dropping Figure Based on the Symmetrical Triangle pattern and historical price movements, some analysts are predicting a mind-boggling price target for XRP: $1.22. Achieving this level would represent a significant increase from current prices and would undoubtedly shock the market. It's important to note that price targets are estimates based on technical analysis and should not be taken as guaranteed predictions. The cryptocurrency market is highly volatile, and numerous factors can influence price movement. Conclusion XRP's bullish Symmetrical Triangle pattern has captured the attention of traders and investors alike. If the breakout occurs as anticipated, it could trigger a substantial rally in the price of XRP. However, it's crucial to approach this potential move with caution and conduct thorough research before making any investment decisions. The cryptocurrency market is constantly evolving, and new developments can emerge at any time. Stay informed, manage your risk, and consider consulting with a financial advisor to create a personalized investment strategy.
Long
by bryandowningqln
XRP Jumps! Ready for movement? 🔥 HI HI, hope everyone's doing alright today, this idea won't take too long so feel free to tune in for a short bit, thanks as always! 🔥 Before we speak quickly on XRP we'll look towards Bitcoin, Bitcoin's still in a bearish position being below it's 20,50 and 200 day EMA as displayed with our chart below: 🔥 Bitcoin would need a daily close above $58-59,000 to affirm an uptrend, we keep on failing to maintain any real uptrend so far, not to mention we keep losing our 200 EMA and until Bitcoin can start flashing bullish signals traders undoubtedly will keep shorting BTC understandably so that's something to take note of. 🔥 That being said XRP's taken a different route and we're not seeing much of a correlation between the two, especially after our recent news of the UAE's adoption of Ripple which has since formed a stark difference between BTC and XRP's charts. 🔥 Now let's get to the highlight of the idea here, I've got our hourly chart below depicting XRP's price action since August and we can pull a couple things from it though the main thing here is where we get hit with resistance. The horizontals are the same as ever and it's clear that we face resistance at 0.624 and 0.64 as we can see below: 🔥 That's something we should keep in mind since we'll face a fight there should we come back u to those horizontal levels soon so make sure to mark those for future reference. That being said XRP's looking positive, we've got this golden cross and we may just be headed for a comeback if we can sustain above 0.58 cents and avoid losing that 200 EMA though as usual we'll have to see if bulls can sustain price action up here. 🔥 I said this idea would be short and we'll leave it at that for now but definitely set some alerts and keep an eye on that 200 EMA as well as the lower EMA's. I'll keep you guys posted but I've gotta run, thanks for joining me for a bit, appreciate it! ~ Rock '
BITSTAMP:XRPUSD
by Rocksorgate
1
2 to 1 Risk vs. Reward, XRP TRADE SETUP AT 30X LEVERAGE ON $500.My last trade went perfectly according to plan. I'm going to attempt a secondary trade based on the same premise, but this time, I will try to capture the retest of the .583 level. To reduce my risk, since the first trade was a success, I've reduced the dollar amount in the trade by 50% to avoid giving back too much of the profit from the previous trade, assuming I'm wrong on this one. I have also reduced the risk-to-reward ratio by 20% on the reward size to make the trade a little easier to achieve. Limiting losses is key to successful trading. Don't follow my trades; come up with your own ideas. Don't be a follower—be a trailblazer! Good luck!
BITSTAMP:XRPUSDLong
by MetaShackle
XRP 1 day ChartHave a look at the trend lines that I have placed on the chart. This could be a potential bottom. At some point in time I feel that Xrp will be relisted, allowing the free market to decide what the true price of Xrp will be. Institution(s) will be rushing in to pump the price to make money. Xrp is in the top ten and has not had a price pump unlike every other coin in the top 10. Take a chance and buy what you can afford and hold. Even a week's worth of coffee money could make a difference in your life, more than what you would have gotten from the coffee. I have no targets in mind other then it should make a new or close to all time high. P.S. why would ripple go to the expense of a trial, persevere for years and won their trial!...If and only if there is something bigger for them in the future? Along with the fine that Ripple is ordered to pay which is the amount that Xrp would have on the balance sheet for a week. Also saying that"Ripple" has no problem paying the B.S. fine!
BITSTAMP:XRPUSDLong
by socialparasite69
2.5 to 1 Risk vs. Reward, XRP TRADE SETUP. XRP is looking ripe for a nice bounce here. Now that the price is resting on top of the upper trend line, it's looks like a great opportunity to put on a small trade. I really like this setup here, especially going into Sunday, as I think a lot of people are looking to add to their XRP positions at these levels before it hits the .60 cent level again. I may be a little early on this trade, but with the risk vs. reward, I think it's worth a shot. Don't follow my trades, come up with your own ideas. Don't be a follower, be a trailblazer!
BITSTAMP:XRPUSDLong
by MetaShackle
XRP's Victory and the Path to $1: What’s Next for the Ripple?In a significant turn of events for the cryptocurrency world, Ripple has emerged victorious in its legal battle against the U.S. Securities and Exchange Commission (SEC), sparking a surge of optimism and speculation surrounding the CRYPTOCAP:XRP token. The court ruling, delivered on August 7, affirmed that Ripple’s sales of XRP to retail investors do not violate federal securities laws, providing a much-needed boost to both the token’s price and its future prospects. Ripple’s Legal Triumph: A Game Changer for XRP The recent legal win has been a game changer for $XRP. Following the court’s decision, the price of XRP saw a remarkable increase of over 30%, reaching levels not seen since April. This legal victory has not only revived confidence in CRYPTOCAP:XRP but also set the stage for a potential bullish rally. Market sentiment is currently bullish, with analysts closely watching the retracement pivot at $0.70 to validate XRP's bullish trajectory toward $1. Binance US Spotlight: Unveiling XRP’s Potential Adding to the positive momentum, Binance US has provided crucial insights into XRP’s technology and scalability. The exchange highlighted that XRP, created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, operates on the XRP Ledger Consensus Protocol. This protocol, distinct from Bitcoin’s proof-of-work system, enables XRP to handle up to 1,500 transactions per second, showcasing its efficiency and scalability. These revelations have intensified interest in XRP, particularly following Ripple’s legal success. The update underscores the cryptocurrency’s potential and fuels speculation about an XRP Exchange-Traded Fund (ETF), which could further enhance its market presence. Market Reactions and Speculation The market reaction to Ripple’s legal victory has been swift. XRP’s price increase post-ruling is accompanied by a noticeable decline in supply on exchanges, indicating that investors are holding onto their assets in anticipation of further gains. Retail accumulation is on the rise, especially among smaller holders, while larger investors have adjusted their positions. Speculation about an XRP ETF has gained traction in light of recent developments. The announcement of XRP/USD futures contracts by Bitnomial Exchange has further fueled discussions. These contracts, which are physically settled and margin-based, reflect the value of 100,000 XRP units, signaling a step toward increased market accessibility and liquidity. The Road Ahead: As XRP navigates through this transformative period, all eyes are set on the retracement pivot at $0.70. This level is crucial for validating the token’s bullish momentum. If CRYPTOCAP:XRP maintains its position above this pivot, it could solidify the path toward $1, marking a significant milestone in its journey. In summary, Ripple’s court victory has revitalized XRP’s market outlook, setting the stage for potential bullish movements. With increasing interest, technological advancements, and speculative excitement around an XRP ETF, the cryptocurrency is poised for an exciting phase. Investors and analysts will be keenly watching the retracement pivot at $0.70 as CRYPTOCAP:XRP strives toward its next target of $1.
Long
by DEXWireNews
GTAI/USDT : Another Bullrun Ahead ? (READ THE CAPTION)By analyzing the #GTProtocol chart on the 4-hour timeframe, we observe that, as expected from our previous analysis, this cryptocurrency has grown by 13% to reach $0.5620! Now, after a correction that brought GT Protocol down to the $0.48 level, we see support at this range. If the price can stabilize above the support zone of $0.45 to $0.48, we can anticipate further growth from this cryptocurrency! The expected short-term return is 9%, and the mid-term return is 45%. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
XRP: SEC vs Ripple Case Closed -(Don't Get Your Hopes Up Though)The 4 Year war is over for the worlds most hated altcoin. Judge Analysa Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding the outstretched legal case against Ripple. This penalty is favorable for Ripple, given that the SEC had originally claimed a $2 billion fine. Considering the XRP army is still fairly strong thanks to paid youtubers and Twitter/X shillers, I'm expecting a short term volatility and wicky price action similar to what happened the previous time Ripple announced an SEC victory. Noteworthy that XRP has ALREADY gone through a pre-emptive pump, increasing nearly 50% BEFORE the official announcement, likely due to insider trading as is typical with these kinds of things. The previous 24-hours saw a trading volume of around $1.68 billion, indicating that whales are moving and the biggest action is likely already over. The market capitalization of the altcoin is currently $29.5 billion, which is ridiculous considering there is no actual usecase for the alt after 12 years. To be completely objective - this COULD change, IF Ripple could come up with an actual usecase for XRP that somehow burns the enormous supply . Unfortunately, up until this point, it has been used by the board members as a liquidity pool to fund their actual company (Ripple). I don't think it would be wise to trust them considering they have shown their true colors and misused the once promising coin as well as the community. ________________________________ BINANCE:XRPUSD CRYPTOCAP:XRP
BINANCE:XRPUSD
by CryptoCheck-
Dogecoin Weekly Analysis: Another Bull Move Ahead (READ CAPTION)By examining the #Dogecoin chart in the weekly timeframe (logarithmic), we observe that after dropping to $0.080 last week, the price saw heavy demand and increased by 30%, reaching $0.105. Currently, Dogecoin is trading above 10 cents, and we need to see if the price will successfully stabilize above 10 cents in the coming week. The mid-term price targets are $0.14, $0.1660, and $0.23. The expected return in the mid-term is over 100%.
Long
by ArmanShabanTrading
2
Bitcoin Weekly Analysis: Bull or Bear ? (Read the Caption)By examining the #Bitcoin chart in the weekly timeframe, we observe that in the past week, the price dropped to $49,000 and then encountered buying pressure, rising up to $63,000. Currently, Bitcoin is trading around $59,750, and we need to see if the weekly candle will close below $60K or above $60K in the next 4 hours. The price might even rise to $63,400 in the coming week, after which it could undergo another correction. This analysis will be updated next week. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
1
XRP ReboundsXRP has been impacted by the recent market downturn. The price of XRP is currently at $0.4884, having found support after a significant drop. This movement reflects broader trends in the cryptocurrency market, which has been affected by various macroeconomic and regulatory factors. Key Factors Influencing the Market Crash Macroeconomic Concerns: Interest Rates and Economic Slowdown: Investor fears over a potential slowdown in the U.S. economy and emergency rate cuts by the Federal Reserve have triggered a broader sell-off in risk assets, including cryptocurrencies. Regulatory Uncertainties: Delay in ETF Listings: The U.S. Securities and Exchange Commission's delay in approving spot Ethereum ETFs has created uncertainty and negatively affected market sentiment, leading to increased selling pressure. Global Market Trends: Strength of the U.S. Dollar: The recent strength of the U.S. dollar, bolstered by the European Central Bank's rate cuts, has added pressure to the cryptocurrency market as a strong dollar typically results in weaker performance for risk-on assets. The MACD is bearish, indicating downward momentum with the histogram at -0.0054 and MACD line at -0.0299. The RSI is at 34.32, suggesting that XRP is nearing oversold conditions, which could indicate a potential for a rebound. With %K at 39.52 and %D at 30.30, the Stochastic Oscillator shows that XRP is in oversold territory, signaling a possible short-term recovery. Conclusion and Market Outlook XRP has experienced significant downward pressure but has found support at $0.4596. The technical indicators suggest a cautious outlook with potential stabilization at current levels. Monitoring the resistance levels at $0.5330 and the dynamic support at $0.3823 will be crucial for determining the next directional move.
by MonoCoinSignal
GTAU/USDT : Waiting for Consolidation ! (READ THE CAPTION)By examining the GT Protocol chart in the 4-hour timeframe, we observe that after the entire cryptocurrency market experienced a significant drop last week, this cryptocurrency was no exception and corrected down to $0.45. Currently, GT Protocol is trading around $0.51, and we need to see whether it can stabilize within the $0.45 to $0.49 range this week. This analysis will be updated. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
by ArmanShabanTrading
2
Selling the Ripple-SEC Settlement News: A Cautionary TaleThe cryptocurrency market is notoriously volatile, driven by a complex interplay of factors including technology, regulation, and investor sentiment. One phenomenon that can significantly impact prices is the "sell the news" event. This occurs when a positive event, anticipated by the market, fails to live up to expectations or is followed by profit-taking, causing the asset's price to decline. The potential settlement between Ripple and the SEC is a prime example of a situation where investors should exercise caution. While a resolution to this long-standing legal battle is undoubtedly positive for the cryptocurrency industry, it's crucial to approach any potential settlement with a critical eye. A look back at the initial ruling in June of last year provides a stark reminder of the risks. Following the favorable decision, XRP surged dramatically, only to reverse course and plunge shortly thereafter. This classic "bull trap" highlights the importance of avoiding emotional decision-making and conducting thorough analysis before making investment choices. Several factors could contribute to a "sell the news" event in the case of a Ripple-SEC settlement. Firstly, the terms of the settlement may not be as favorable to Ripple as investors had hoped. The SEC's stance on cryptocurrencies has been consistently stringent, and any compromise it makes is likely to be carefully calculated. Secondly, the market may have already priced in a positive outcome, leaving little room for further upside. This is a common occurrence in highly anticipated events, as investors tend to build bullish expectations in advance. Furthermore, profit-taking is a natural market dynamic. After a significant price increase, many investors will look to realize their gains, putting downward pressure on the price. This can exacerbate a "sell the news" situation, as it reinforces the negative sentiment. To mitigate the risks associated with selling the news, investors should adopt a disciplined approach. This includes conducting thorough research, understanding the potential implications of different settlement outcomes, and developing a clear investment strategy. It's also essential to maintain a long-term perspective and avoid making impulsive decisions based on short-term price movements. While a Ripple-SEC settlement is undoubtedly a significant development, it's crucial to approach it with a healthy dose of skepticism. By understanding the potential pitfalls and implementing sound investment practices, investors can increase their chances of navigating this complex market successfully. Ultimately, the cryptocurrency market remains highly speculative, and past performance is not indicative of future results. Investors should carefully consider their risk tolerance and investment goals before allocating capital to any digital asset. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Conducting thorough research and consulting with a financial advisor is recommended before making investment decisions.
BITSTAMP:XRPUSD
by bryandowningqln
XRP - Pending Breakout#XRP/USDT #Analysis Description --------------------------------------------------------------- SCENARIO-1 + Sudden surge in the XRP price gave some hope for XRP price and currently trading around the resistance zone. + breakout from this resistance is essential for the continued bullish trend + If the breakout from this resistance confirmed then we can enter a LONG trade. SCENARIO-2 + If the price gets rejected from the resistance line then next support is around 0.45 range. + from this support we can expect a bounce back and eventual breakout from the resistance. + We have a short trade opportunity once we have confirmed rejection from the resistance line. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
by VectorAlgo
XRP (Ripple): Resistance BreakoutTrade setup : Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.67 resistance to signal continuation of uptrend, with +15% upside potential to $0.75 next, or 2) pull back near $0.50 support for another swing trade entry in Uptrend with upside potential back to $0.67. Learn risk management in Lesson 9. Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Long
by altFINS