The Symmetrical Triangle on the monthly logchart w/ a $10 targetQuickly reaching its Apex. Reaching the target of this triangle should trigger the breakout on all the triangles / pennants / c&hs / and flags that are even bigger than this triangle and eventually get us to even higher targets as well. *not financial advice*
Ripple
XRP can breakout of logchart triangle once .59 is sold supportThe top trendline of this logarithmic weekly chart symmetrical triangle has played amazing resistance for quite some time now. However since that trendline is a descending one, the price that xrp’s price action needs to maintain as support gets lower and lower with every weekly candle close. Currently, if xrp can flip 59 cents to solidified support and maintain that support for multiple weekly candles it would validate the breakout. By next week’s candle it could be even lower. For the sake of the steroids 589 number that seems to be associated with XRP, it would be fun if the level needed to flip to support to break above was 58.9 cents imo. With the uptrend in the crypto bull cycle seemingly resuming here, the probability of XRP climbing above .589 in the near future and staying above it has greatly increased. Wouldn’t surprise me if the day it really blasts off and confirms//validates the breakout of this triangle coincides with something newsworthy like Gensler resigning or the SEC Ripple case being settled or even dropped. I anticipate a Bullish December, but perhaps even a quite bullish rest of november here as well for XRP It’s already off to a good start to the month so far and hopefully it can keep that momentum going. Always a chance at some sort of temporary Black Friday black swan discounts though so wise to stay vigilant. In order to get as zoomed in as possible on price action for this post, I cut the measured move target out of the frame, but if you were to drag the chart with your mouse(or finger if using a touchscreen) you will see that the target for the breakout of this log triangle is around $10.57 if it were to break above the triangle on the enxt few candles. *not financial advice*
The next potential invh&s pattern for XRPUSDDepending on which left shoulder is more legitimate we have a possible slightly descending neckline on this invh&s or a possible slightly ascending neckline on it. No idea when price will break above these necklines so obviously if it takes longer I will need to readjust the measured move lines for it. This is just an initial idea for now. *not financial advice*
Xrp moving above highest top trendline of linear trianglesThese triangle trendlines are most accurate looking on the monthly chart. I wll also post a weekly timeframe version of this chart and a daily time frame version thats zoomed nto the top green trendline so you can see how we have 3 consecutive daily candle closes above this extremely pivotal trendline and now officially have closed one weekly candle close above it too. Seeing as how the trendlines of the green triangle seem most valid on the monthly time frame however, i think the most important candle close will be once we have a 1 month candle closing a portion of the candles body above the line and the follow up monthly candle also holds the line as solidified support. This is such a major trendline to flip to support and as you can see, the breakout target for the green triangle of $3.75 is actually right around the same breakout target as the yellow triangle of $3.70 that’s very strong bullish confluence that should help increase the probability of hitting those targets as it has twice the bullish momentum potential as just one of the patterns would have. *not financial advice*
3 consecutive 1day candle closes abve key triangle top trendlineI wanted to post a daily timeframe close up of the top trendline of the macro time frame green triangle that xrp has been consolidating inside since 2018. We now have 3 consecutive daily candle closes above its top trendline and are working on what looks to be the fourth here. You can tell that it appears to be forming another little smaller time frame bullflag here with the last 5-6 candles which it has already done a couple times as well on the 20 or so candles just prior to those. The triangle pattern is most valid on a monthly chart so we should definitely not get too presumptuous that we have flipped this trendline to permasupport until we have closed 1 monthly candle above it and retested it as confirmed support with the follow up monthly candle. However we are making good progress now as we now officially have 1 weekly candle close above this green top trendline as well —>
I will link the monthly version of this chart below so you can click on that idea as well to get the full perspective of this triangle instead of just a zoomed in look at the daily. Target if breakout confirms in this zone is $3.75. *not financial advice*
Ripple can continue rising or ?...This place of price can be the Most risky spot for all people not Whales
This is for who trading rarely and watching the market as weeks and trading every 2weeks or checking the market every week .
As the picture we have 2 scenarios
I am bearish about xrp now and drawing the purple scenario for my myself!
A good handled and mathematics sell Position can be Good now
But the yello scenario can happen and after some ranges we can see the sharp Pump of xrp again!!
If the yellow one happen the potential of xrp will rise of 2.5$
Good luck
Is It Possible to Know Where XRP Is Headed?
On the 3D, XRP is getting closer and closer to the top. Two out of three oscillators are in overbought conditions, and the OBV is forming a flag of distribution. Volume bars are dropping, creating a bearish divergence.
With XRP now at a $100 billion market cap, I’m not here to hate on this run; I just expect that when traders start taking profits, maybe some of those profits will flow into other altcoins. If it goes up again after the top, maybe I’ll get in.
Have a great Friday night, friends!
XRP on the Verge of Breaking $2CRYPTOCAP:XRP has recently made headlines by outperforming Binance Coin (BNB) to claim the 5th position in market capitalization on CoinMarketCap. The cryptocurrency surged over 17% in a day, surpassing the $1.70 milestone and signaling strong bullish momentum. Let's delve into the key drivers and technical indicators pointing toward XRP's potential future trajectory.
Ripple's Role in Fintech
What is Ripple?
Ripple, a leading fintech company, powers its global payment network—RippleNet—using the XRP Ledger (XRPL). Unlike most cryptocurrencies, Ripple aims to connect banks, payment providers, and exchanges, enabling near-instant settlements and lower transaction costs. This institutional focus differentiates XRP from peer-to-peer-centric tokens, positioning it as a significant player in cross-border payments.
Key Metrics Driving Momentum:
- Market Capitalization: Currently at $97.3 billion, XRP's market cap reflects its increasing investor confidence.
- Trading Volume: XRP's daily trading volume surged 144% to $14.9 billion, indicating a sharp rise in market activity and liquidity.
- Global Position: Outperforming the global market (up 2.7% in 7 days), XRP has gained 17.6%, demonstrating its resilience and investor interest during this bull phase.
Technical Analysis
CRYPTOCAP:XRP is trading within a well-defined bullish trend channel, currently up 11%. The Relative Strength Index (RSI) sits at 74, indicating bullish strength without entering overbought territory, suggesting room for further upside.
Key Technical Levels:
- Immediate Resistance: Breaking past the $2 mark is crucial. A confirmed breakout could set the stage for a run toward $4, with potential to reach $10 in the long term.
- Support Levels: If a retracement occurs, CRYPTOCAP:XRP may find strong support at the 38.2% Fibonacci retracement level. This would offer a healthy cooldown before a potential major leap.
Outlook and Conclusion: Is $10 in Sight?
XRP's recent surge is backed by robust fundamentals and a favorable technical setup. Its unique position in the fintech sector, combined with increased trading activity and strong technical indicators, suggests that the cryptocurrency could break $2 soon. A sustained rally could even push XRP toward $4 in the short term, with $10 being a longer-term target if bullish momentum continues.
Investors should watch key resistance levels and broader market trends, particularly Bitcoin (BTC) and Ethereum (ETH), as they often influence altcoin movements. XRP's current position signals that it’s well-poised for further gains, making it a token to watch closely in this bullish cycle.
XRP Witnesses Significant Token Transfers so Predict Bull RunXRP, the native cryptocurrency of the Ripple network, has recently experienced a surge in large-scale token transfers, sparking speculation among analysts that a significant price rally may be on the horizon.
Massive Token Transfers
Blockchain data reveals that several substantial XRP transfers have taken place in recent weeks. These transactions, often involving millions of XRP tokens, have caught the attention of the crypto community. While the exact reasons behind these transfers remain speculative, analysts believe that they could signal increased institutional interest and potential bullish sentiment.
Analyst Predictions and Bullish Outlook
Crypto analysts and market experts have expressed optimism about XRP's future price performance, citing several factors that could contribute to a significant rally:
1. Positive Legal Developments:
o Ripple's ongoing legal battle with the SEC has been a major factor influencing XRP's price. Recent developments in the case, including favorable court rulings and expert opinions, have bolstered investor confidence.
o A positive resolution to the lawsuit could significantly reduce regulatory uncertainty surrounding XRP and potentially unlock its full potential.
2. Increased Institutional Interest:
o The growing interest from institutional investors in cryptocurrencies, including XRP, could drive demand and fuel price appreciation.
o These institutions often prefer established and regulated cryptocurrencies like XRP, which can benefit from their significant capital inflows.
3. Strong Fundamentals:
o XRP's underlying technology, the RippleNet, offers fast and efficient cross-border payments.
o The network's growing adoption by financial institutions worldwide can solidify XRP's position as a leading digital asset for global payments.
4. Technical Analysis:
o Technical analysis of XRP's price charts indicates a bullish trend, with key resistance levels being breached.
o A sustained break above these levels could trigger a significant price rally.
Potential Challenges and Risks
While the outlook for XRP appears promising, it's important to acknowledge potential challenges and risks:
1. Regulatory Uncertainty:
o Regulatory uncertainties, particularly in the United States, could impact XRP's price and adoption.
o Clear and favorable regulatory frameworks are essential for the long-term growth of the cryptocurrency industry.
2. Market Volatility:
o The cryptocurrency market is inherently volatile, and XRP's price can fluctuate significantly due to various factors, including market sentiment, economic conditions, and geopolitical events.
3. Competition from Other Cryptocurrencies:
o XRP faces competition from other cryptocurrencies, such as Bitcoin and Ethereum, which have established market positions and strong developer communities.o
Conclusion
XRP's recent surge in token transfers and positive analyst sentiment have ignited hopes for a significant price rally. However, investors should approach XRP with caution and conduct thorough research before making investment decisions. While the potential rewards are significant, the risks associated with cryptocurrency investments should not be underestimated.
XRP Whale Awakens: A Potential Catalyst for Price Surge?The cryptocurrency market has been excited as a significant whale movement involving XRP has been detected. A massive transaction worth $36.67 million has recently taken place, sparking speculation about a potential price surge for the digital asset.
The Whale's Move: A Bullish Signal?
Whale movements are often closely monitored by market analysts, as they can provide valuable insights into potential price trends. When large amounts of cryptocurrency are moved between wallets, it can indicate a variety of factors, including:
• Accumulation: Whales may be accumulating XRP in anticipation of a future price increase.
• Distribution: Conversely, whales may be distributing their holdings to take profits or reduce their exposure to the asset.
• Market Manipulation: In some cases, whale movements can be used to manipulate the market by creating artificial price swings.
While it's impossible to definitively determine the whale's intentions, the sheer size of the transaction has certainly caught the attention of the crypto community. Many analysts believe that this could be a bullish signal, suggesting that the whale may be preparing for a significant price move.
XRP's Recent Performance and Future Outlook
XRP has had a tumultuous journey in recent years, facing regulatory challenges and legal battles. However, the cryptocurrency has shown resilience and has managed to maintain its position as one of the top digital assets by market capitalization.
In the short term, the whale's recent move could provide a significant boost to XRP's price. However, the long-term outlook for the cryptocurrency will depend on several factors, including:
• Regulatory Clarity: A favorable regulatory environment is crucial for the growth of the cryptocurrency industry, including XRP.
• Technological Advancements: Continued innovation and development within the XRP ecosystem can attract new users and investors.
• Market Sentiment: Overall market sentiment and the performance of other major cryptocurrencies can also impact XRP's price.
Technical Analysis: A Bullish Perspective
Technical analysis of XRP's price chart suggests a bullish outlook. The cryptocurrency has formed a bullish pattern, indicating a potential upward trend. Additionally, key technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence1 (MACD) are signaling a bullish crossover, further supporting the bullish thesis.
Conclusion
The recent whale movement involving XRP has sparked excitement and speculation within the crypto community. While it's important to approach any investment with caution and conduct thorough research, the potential for a price surge cannot be ignored.
However, it's crucial to remember that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should carefully consider their risk tolerance and investment goals before making any investment decisions.
By staying informed about the latest market trends, conducting in-depth technical analysis, and diversifying your portfolio, you can increase your chances of success in the dynamic world of cryptocurrencies.
XRP down as traders cash out. Brief analysisXRP has witnessed a surge in selling activity since it climbed to a three-year high of $1.63 on November 23. Currently trading at $1.41, the altcoin has since noted a 13% price dip.
According to Santiment’s data, over the past seven days, XRP’s realized profits have totaled $1.84 billion, the highest since April 2021.
XRP currently trades at $1.41, above support formed at $1.33. Sustained profit-taking activity by token holders will pull XRP’s price to test this support level. If it fails to hold, the downward trend strengthens, and the XRP price dip may extend to $1.28.
On the other hand, this bearish projection will be invalidated if buying activity resumes. This may push XRP’s price toward revisiting its three-year high of $1.63.
Ripple on its way to becoming a two-dollar currencyRipple has had an excellent yield of about 200% growth so far and still has the potential to rise to $2. Considering the news and fundamentals surrounding this cryptocurrency, I see good growth potential for it. However, it is not one of the cryptocurrencies I invest heavily in; I only hold a limited amount in my investment portfolio.
What do you think about this analysis?
What symbol would you like me to analyze for you?
Ripple XRP price woke up after many years of hibernationIf we look at the global chart of OKX:XRPUSDT and conduct a wave analysis.
It turns out that it is purely theoretical and hypothetical and very fantastic, but the price of #Ripple can still reach $12
Although, a more realistic and down-to-earth target is $6.50 by mid-2026.
If we take a more localized situation , the #XRPUSD price can reach $1.76-1.96 by inertia, and that's enough.
A safe buy is in the range of $0.75-0.95
Confidence of continued growth after the #XRPUSDC price is able to gain a foothold above $2
Spread this idea across the Internet, let everyone know that CRYPTOCAP:XRP is reviving and preparing to rule the crypto world!)
Is Ripple's XRP ETF the Next Big Investment Opportunity?
The cryptocurrency market has been excited as Ripple's XRP token continues its upward trajectory. The recent surge in XRP's price, coupled with a significant development in a new ETF application, has fueled optimism among investors.
WisdomTree Joins the XRP ETF Race
WisdomTree Investments, a prominent asset management firm, has taken a bold step by applying with the U.S. Securities and Exchange Commission (SEC) to launch an XRP exchange-traded fund (ETF). This move is a significant development in the crypto industry, particularly for Ripple and its XRP token.
WisdomTree's decision to pursue an XRP ETF aligns with the growing interest in digital assets and the increasing institutional adoption of cryptocurrencies. By applying in Delaware, a state known for its business-friendly regulations, WisdomTree aims to streamline the regulatory process and potentially accelerate the launch of the ETF.
XRP's Stellar Performance
XRP has emerged as one of the top-performing altcoins in the recent crypto rally, experiencing a remarkable price surge. The token's value has soared to levels not seen since 2021, captivating the attention of investors and analysts alike.
Several factors have contributed to XRP's impressive performance:
1. Positive Legal Developments: Ripple's ongoing legal battle with the SEC has been a major catalyst for XRP's price movement. Positive developments in the case, such as favorable court rulings or settlements, can significantly impact the token's value.
2. Increased Institutional Interest: As more institutional investors recognize the potential of cryptocurrencies, XRP has gained traction. The growing interest from traditional finance players has led to increased demand for the token.
3. Strong Network and Utility: XRP's underlying technology, the RippleNet, offers fast and efficient cross-border payments. The network's growing adoption by financial institutions has solidified XRP's position as a valuable digital asset.
4. Positive Market Sentiment: The overall bullish sentiment in the crypto market has also benefited XRP. As investors become more optimistic about the future of digital assets, they are allocating funds to promising projects like Ripple.
The Future of XRP and Crypto ETFs
The filing of an XRP ETF application by WisdomTree is a testament to the growing institutional interest in cryptocurrencies. If approved, the ETF would provide investors with a convenient and regulated way to gain exposure to XRP.
However, it's important to note that the SEC has historically been cautious about approving crypto-related ETFs. Regulatory hurdles and concerns about market manipulation and investor protection have often delayed or prevented the launch of such products.
Despite the challenges, the increasing number of ETF applications for cryptocurrencies, including Bitcoin and Ethereum, suggests that the regulatory landscape is gradually evolving. As regulators better understand the crypto market and its potential benefits, we may see more approvals for crypto ETFs in the future.
Conclusion
Ripple's XRP has been on a remarkable journey, and the recent surge in its price, coupled with the filing of an ETF application by WisdomTree, has further solidified its position as a significant player in the crypto industry. While challenges and uncertainties remain, the future of XRP and cryptocurrencies appears bright. As the industry continues to mature and regulatory frameworks become more supportive, we can expect to witness further innovation and growth in the years to come.
ALT SEASON BREAKOUT! XRP to $1.78 & higher! Ripples & WavesBITSTAMP:XRPUSD
Keeping it simple, Alt season is here!!!
You can see it in the ripples & waves of the XRP Chart as they emanate outward from what seems to have been a massive buy bomb! and from the looks of It, it appears it was the direct hit we needed to finally propel XRP through the stratosphere !!
It seems by all metrics that we are set and ready for market expansion for the ALT coin market. XRP only moves with the broader crypto market, so a breakout in alts, means breakout for XRP. What's more, the only 2 possible moves left for XRP both lead to an imminent breakout. There could be a retest back down to $1.20 - $1.09 area, then we experience the parabolic breakout from there or, we break straight out from our current price levels of around $1.45.
Either way, exciting times are ahead. careful with leverage, protect your portfolios and just ride the waves...... 🌊
Xrp - The Bullrun Is Finally Starting!Xrp ( BITSTAMP:XRPUSD ) will finally break out of the triangle:
Click chart above to see the detailed analysis👆🏻
As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
XRP: bulls vs bearsCertainly, after three years of a steady downtrend, XRP’s resurgence sparked renewed FOMO in the market. On the day XRP hit $1, active accounts on the XRP ledger surged to a yearly high of around 48K. However, within just a week, that number has dropped to 30K, reflecting a 37.5% decline.
These abrupt exits have disrupted the momentum needed to break the $2 barrier, leading to a more than 2% decline after it crossed the halfway point two days ago, with XRP currently priced at $1.46 (at the time of writing).
However, if the bulls lose confidence in XRP’s long-term potential, a pullback to around $1 could form a local bottom, offering an attractive entry point for new traders looking to capitalize on a rebound.
This places Ripple at a crossroads, where the next move will define whether the momentum will build toward $2 or retrace to new entry points around $1.
The coming days will likely show which side takes control in this tug-of-war. However, the bulls’ drive to keep XRP from falling after so many challenges gives them a strong psychological edge.
With continued confidence, the likelihood of breaking $2 grows, as bulls work to reignite FOMO in the market.
Ripple’s Revival: Why XRP Could Lead the Next Crypto Bull RunThe cryptocurrency market is buzzing, and CRYPTOCAP:XRP is making headlines with explosive growth and renewed investor confidence. With recent developments, including Gary Gensler’s impending resignation, whale accumulation, a record-breaking futures market, and upcoming catalysts like an IPO and ETF launch, XRP is positioned for a significant rally. Here’s a comprehensive look at the technical and fundamental factors driving this momentum.
Whales on a Buying Spree
Whale activity has reached a fever pitch, with Ripple’s big players adding over 250 million XRP tokens during a recent market dip.
Key Transactions:
- 149 million XRP ($227 million) moved from Bybit to private wallets.
- 58 million XRP ($87 million) transferred from Binance to whale wallets.
- 20 million XRP acquired from South Korea’s Upbit exchange.
This accumulation reflects high confidence among institutional and high-net-worth investors, signaling strong bullish sentiment for XRP’s future.
Futures Market: A Record $2.5 Billion in Open Interest
XRP’s futures market is on fire, with open interest hitting an all-time high of $2.5 billion.
- Platform Highlights
- Binance and Bybit are leading the charge, showcasing heightened trader enthusiasm.
- Coinglass data indicates that XRP futures now represent 1.59 billion tokens in open positions.
This surge aligns with XRP’s 24% rise in trading volume and a price jump of 4%, with a 24-hour range between $1.31 and $1.54.
Regulatory and Strategic Developments
XRP’s bullish narrative is further bolstered by the following key events:
1. Gary Gensler’s Resignation: The announcement of the SEC chair stepping down in January 2025 has sparked renewed optimism among crypto enthusiasts, as it could ease regulatory scrutiny.
2. Ripple IPO & ETF Launch: Ripple’s IPO and a potential XRP-focused ETF in Q1 2025 could usher in institutional adoption on an unprecedented scale.
These developments are expected to drive further demand and push XRP prices higher in the medium to long term.
Technical Outlook: Is $20–$50 Possible?
XRP has broken through multiple resistance levels, gaining over 200% in just three weeks and trading at $1.44 at the time of writing.
The RSI is overbought at 85, suggesting a short-term correction may occur. CRYPTOCAP:XRP is trading significantly above key moving averages, maintaining a bullish structure. A retracement to the 38.2% pivot point ($1.20) may present an ideal entry point for investors. The MACD at 0.0559 highlights strong momentum, paving the way for a rally to $20–$50 in the coming weeks.
Broader Market Dynamics
CRYPTOCAP:XRP is outperforming its peers and gaining ground on BTC dominance. The XRP/BTC pair has doubled in value, signaling an upward trend as Bitcoin’s momentum slows. With a potential Thanksgiving rally and new monthly highs in sight, analysts are targeting $2 in the short term.
What’s Next for XRP?
While XRP’s current rally is impressive, its long-term potential lies in strategic developments and increasing adoption. With whales accumulating, the futures market at historic highs, and macroeconomic factors aligning, the stage is set for XRP to achieve new heights.
As CRYPTOCAP:XRP eyes key milestones like $20–$50, its resurgence is a testament to the strength of the Ripple ecosystem and its ability to capitalize on market opportunities.
Ripple XRP - The Banks Worst Nightmare - Beast ModeRipple ( XRP ) will put the banking system to the test.
Many attempts to shut down this "wonderful" coin have been made.
Still, it's alive, has a pulse, and it's barely getting started for the New Crypto Age.
It will take some time indeed, until it would be implemented in the systems.
All I can say is that, IMO, the Crypto Revolution is inevitable.
Anyway, let's get on with it and have a deeper look at Ripple.
XRP ( XRPUSD , XRPUSDT , XRPBUSD ) Tech. Analysis:
* Elliott Wave A-B-C Pattern: Cycle a-b-c (red)
* Ending Diagonal in Cycle C (red)
* 88.6 Fibonacci Retracement
* Bullish Divergence
* Demand Zone
* Double Bottom
There you have it! A trading set-up.
But where's the level bro?
Oh.. yeah, it's $0.175 .
Good luck you HODLer!
XRPUSDT: 1,700 Days of Accumulation Over! XRPUSDT Technical analysis update
XRPUSDT price has been trading within the longest triangle formation for the past 1,700 days. This week, which can be considered a 1,700-day accumulation phase, the price broke out of the triangle resistance on the weekly chart, . A strong bullish move is expected in the coming months, supported by a rise in volume on the weekly chart. Additionally, the price is trading above the 100 and 200 EMAs, which is considered bullish for XRP.
Regards
Hexa