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Xrpusdidea

XRP to $1+ very soon What's up guys! XRP looks like it's heating up for one of the biggest rallies we've seen in a while. My previous analysis took a little longer than I anticipated but my short term targets of 44 cents were absolute smashed! As you guys can see, most of the people who were scared out of XRP due to the SEC news have already been shaken out of the market and the sentiment on XRP has become very bullish. While there was a parabolic move upwards prior to the alleged XRP pump to be done on February first, the price action we are seeing now is indicative of a long term and much more sustainable bullish rally. We spiked to around 75 cents prior to the alleged and saw a sharp correction soon after. XRP was able to hold strong support around the 35-36 cents level and has since been trading above 40 cents and even reached a high of 64 cents. However, this time appears to be different than the attempted pump. We are creating higher highs and higher lows on the 1 and 4 hour timeframes. Seeing some pullbacks in this upward movement is key to understanding that there is a sustainable breakout that is imminent. On the daily timeframe, I have realized that XRP is on its way to complete a beautiful inverted head and shoulders pattern. I am expecting the market to complete the right shoulder at the zone around .45566. It is also a perfect .618 retracement to the golden zone from the previous swing low to the next swing high. After the completion of this pattern, I am expecting an explosive move to $1+ because once we break the zone of resistance from 75-78 cents, we're on a clear path to $1+. There has also been a lot of positive news circulating that ripple and the SEC may be getting closer to a resolution, and if this news comes out it will only magnify the bullish movement we are about to see on XRP. I already have my bags packed around the 20-30 cents range for my personal holdings of XRP and have open swing trades open from around 24-26 cents and 39-41 cents so I personally won't be making any more moves on the completion of this pattern, but it may be a great opportunity for anyone else looking to get into XRP for trades or personal holdings in general while it is still sub $1. I understand that XRP may even take off without completing this pattern fully, but I am just sharing my analysis on where I believe it is most likely to bounce off of. All I gotta say is strap up and get ready bois because we're going on a moon mission and definitely breaking all-time highs this market cycle!
BITSTAMP:XRPUSDLong
by StealPipsSal
2
XRP Arc FractalBITSTAMP:XRPUSD Sometimes we see those nonsense spikes coming from XRP, but if you look closely, you will notice that everything makes sense. this morning i noticed this curious arc trend fractal which XRP made also in 2017. First, the arc line acted as a resistance, taking XRP in a very clear downtrend until it broke it in aug 2017 for then used it as a support in sep 2017. this was the first touch to the ARC line, with a strong response to the upside, but was rejected again by strong resistances and then took the price back again into the arc line in Dec 2017, taking XRP into a few days to the impressive levels we know today of 3 dollars. Now today 2 feb 2021 we might have repeated that fractal, (and a bigger one), where the good news is that we have broke the arc line as support, and touched it for the first time, but also getting rejected again by strong resistances. If we respect the fractal we might have to have that second touch of the arc, which will definitelly will pumpp the price to a even bigger price above the last maximum of 3 dollars. The bad news?, if we respect this arc fractal, we will have to wait for that second touch again, and on the meantime we could not expect the price to break that strong resistances that keep taking the price back. This might come at anytime between today and around the month of November which is the 3/4 part of the arc as in 2017. Please like & share if you liked this idea!
BITSTAMP:XRPUSDLong
by CoqueTrader
3
XRP back to the previous highs and breaking all time highs soonXRP has been getting a lot of heat but so many people aren't seeing the bigger picture. XRP is retesting the broken downtrend trend line on the weekly and retesting a short term uptrend trend line. Both of these retests come in confluence at around the major support at $.17. You could already see that there was major buying pressure around that level and there is also a massive bullish divergence on the 4 hour timeframe. People are concerned about the SEC case, but the truth is that the SEC is infamous for suing companies/entities they have the least regulatory power in. They sued Tesla and Elon Musk back in 2018 and we all see how that's turned out. I have seen a lot of people say that if Ripple wasn't based in the United States, this case wouldn't have any jurisdiction and they're 100% right. Many other countries are continuing to use and support XRP and Ripple because they are aware of its long term value/use in the world of digital assets. It's also strange that I have heard from multiple sources that, while most retail investors are SELLING their XRP, investors with huge XRP wallets have been BUYING and increasing their positions substantially. It would be no surprise if it were these big banks getting behind XRP at the discount of a lifetime. As for the Coinbase suspension of XRP trading and other major delistings, those shouldn't be of any concern. All these companies are just trying to maintain a reputable image since they're U.S. entities, especially Coinbase with their upcoming IPO. I believe uphold is one of the only U.S. companies that will not delist XRP so there's a haven for retail investors looking to buy XRP after the Coinbase suspension of trade. I'm gonna take the Warrant Buffet advice in this case, "Be fearful when others are greedy and be greedy when others are fearful". XRP should definitely see major upside soon, especially because Alt season is coming as we expect to see some bitcoin pullback at these all time highs. I've been stacking XRP and if it revisits the $.17 level I'll stack even more. Stay tuned we have an exciting ride ahead of us.
BITSTAMP:XRPUSDLong
by StealPipsSal
2
XRP/USD NEXT STOP $1.00 (HODL)Flare Network Crypto Airdrop(INFO) Flare Network $SPARK Crypto Airdrop: what you need to know - TECHNICAL ANALYSIS- FUNDAMENTAL ANALYSIS- NEWS- SIGNAL- PRICE ACTION Free Flare Network tokens known as Spark ($SPARK) are coming. They will be distributed by airdrop to those cryptoasset wallets holding $XRP – a cryptoasset native to the XRP Ledger created by US-based technology giant Ripple, Inc. – at 00:00 on 12 December 2020. Unfortunately – and controversially – not all wallets and exchanges are "supporting" the airdrop, i.e. owners of $XRP that hold their $XRP in those wallets or on those exchanges will not receive their much sought-after $SPARK. This article provides an introduction to Flare and $SPARK, lists some of the high profile exchanges that have confirmed their support for the airdrop, and provides some recommended steps if you are reading this article after the airdrop and want to understand your rights. Background – Flare Network's $SPARK $SPARK is the native cryptoasset of the Flare Network, a system intended to bring smart contract functionality to the XRP ecosystem, enabling trusted automation and efficiencies. Smart contracts have been a central part of the blockchain ecosystem since Ethereum's launch in 2014, and the MDRxTECH team have been engineering and auditing them for a number of years. Interestingly, Flare Network claims to be "the world's first Turing complete Federated Byzantine Agreement (FBA) network." This is an important development as, if implement properly, it will enable a new way of scaling smart contract platforms while decoupling security with the value of the token, i.e. it will no longer rely on economic incentives that can be distorted to maintain a robust system. This marks a step change from many of the major blockchain platforms including Bitcoin (using proof of work consensus) and Ethereum (now using proof of stake consensus). Which exchanges are supporting the airdrop? A large number of exchanges have announced that they are supporting the $SPARK airdrop, most recently including Coinbase. Others include Binance, Huobi, Kraken, Kucoin and Poloniex. +The Flare Network website includes a list of supporting exchanges + FEW EXAMPLES-----> Binance, BinanceUS, Coinbase, Bitstamp. Bitfinex, cryptowallet and many. more If you are reading this before the airdrop and hold your $XRP either in self custody or on an exchange that will not be supporting the airdrop, you need to act to ensure you receive $SPARK. There are many guides online setting out the required steps, but get in touch if you are unsure and require any assistance.Spark Airdrop What is the Spark airdrop? Spark is the native token of the Flare Network, designed to offer smart contract functionality to XRP, but on a separate blockchain. Will Coinbase support Flare Networks’ Spark airdrop? Yes, Coinbase will facilitate the future airdrop of Spark tokens to eligible Coinbase,Pro and Prime customers. No action will be required from you to receive Spark tokens if you are participating in the airdrop. Coinbase is yet to determine whether it will support the buying, selling or trading of Spark. In the event Coinbase does not support these features, any Spark held in your Coinbase account will be available to withdraw only. Who is eligible for the Spark airdrop? Coinbase, Pro and Prime customers in eligible regions holding XRP in their accounts on the snapshot date of December 12, 2020 at 00:00 UTC (December 11, 2020 at 4:00 PM PT) will be automatically qualified to participate in the airdrop at a later date. XRP Send/Receives will be paused 15 minutes prior to the snapshot and re-enabled shortly after. Trading XRP will not be affected. There is no minimum balance required. Coinbase Wallet app will not offer native support. If you’re a Wallet user, you won’t be able to claim Airdrop tokens through Coinbase Wallet. Coinbase Wallet users will instead have two options: You can use your 12 word recovery phrase on another wallet that does support the Spark airdrop. This method is less secure but you’ll be able to can claim for the full amount You can transfer to Coinbase, but wallets outside of Coinbase may require a minimum balance of 20 XRP. This means some amount will get left behind. What regions will support the Spark airdrop? At launch, we anticipate that Spark will be available in all regions with the exception of New York. Our decision to support any asset requires significant technical and compliance review and may be subject to regulatory approval in some regions. We therefore cannot guarantee whether or when the airdrop, buying, selling or trading of Spark will be available in any region. What if I have XRP in my Coinbase vault? Any XRP in your Coinbase vault will be included in the snapshot. How many Spark tokens will I receive? The amount of Spark you'll receive depends on how much XRP you have in your account at the snapshot time stated above. Coinbase intends to distribute this pro-rata to each user based on the number of Spark tokens Coinbase receives for all its users. For example, if you hold 1% of eligible XRP on our platform, you will receive 1% of airdropped Spark tokens to your Coinbase accounts that were holding XRP at the snapshot time. How do I get the airdropped Spark tokens? No action is required from XRP holders. You will get Spark from Coinbase at a later date after the Flare network launches. When will I get Spark tokens? You’ll receive Spark tokens from Coinbase at a later date after the Flare network launch. Do Custody clients need to move funds to Pro/Prime? No, Custody clients just need to email Client Services to indicate they would like to participate in the airdrop. Is there a minimum balance of XRP that Coinbase.com/Pro users need? No minimum balance is required. For further information on how Spark will be distributed to XRP holders, please refer to Flare Network’s announcement. Key Support Levels: $0.47500, $0.4600, $0.44500. Key Resistance Levels: $0.55, $0.68, $0.78, $0.86, $0.96,$1.00. Title: XRP/USD BUY LIMIT Asset: Crypto Symbol: XRP/USD Type: Buy Limit Time Frame: 1D Entry Price 1: 0.47500(PENDING) Entry Price 2: 0.45500 (PENDING) Stop Loss: 0.43500(400 pips) Take Profit 1: $0.55500 (800 Pips) Take Profit 2: $0.65500 (1800 Pips) Take Profit 3: $0.77500 (3000 Pips) Take Profit 4: $0.87500 (4000 Pips) Take Profit 5: $0.97500 (5000 Pips) Take Profit 6: $1.07500 (6000 Pips) Status: ACTIVE David Schwartz, the chief technical officer of the San Francisco-based blockchain company ripple has recently explained how much XRP he owns. Technically, because he owns such a mass sum, it makes him a whale in crypto terms. David Schwartz, the chief technical officer of the San Francisco-based blockchain company ripple has recently explained how much XRP he owns. Technically, because he owns such a mass sum, it makes him a whale in crypto terms. As one of the original developers and designers of the token and XRP Ledger, David revealed that he would leave his job when the price of the token reaches $1. David did not disclose the exact amount of the token that he owns however, he did say that it was less than 10 million and more than 1 million. As a result of his public tweet explaining his portfolio for the token, the community reacted and questioned why he had very little exposure to the token while other founders of the ledger such as Chris Larsen have billions of the token in their possession. The token for the San Francisco company has been performing quite mildly over the course of this year. Not much has happened in 2020 for the token but who knows what the future will hold. Many believe that 2021 will be the year for XRP but only time will tell. Earlier this year, David gave even more details on his cryptocurrency portfolio saying that he regretted dumping such huge amounts of bitcoin and ethereum for cheap at the time. However, he did explain that he did this as a part of a “derisking plan“ that he had contact with his wife.
BITFINEX:XRPUSDLong
by MavRich_Trading
4
3 SCENARIOS for XRP Breakout IMMINENTRipple is trading under intense overhead pressure, with a massive freefall back to $0.4 as scenario 3. For scenario 3, the path of least resistance is downwards, as seen on the 4-hour chart. The lower boundary of the descending parallel channel appears to be holding the fort for the bulls. However, the Relative Strength Index has reinforced the ongoing bearish momentum. If the indicator hits the oversold area, selling orders are likely to increase significantly. The 200 Simple Moving Average on the 4-hour chart is also in line to offer immediate support, and buyers must hold this crucial support. Otherwise, XRP/USD could tumble to $0.4 (next tentative support area ). The daily chart also confirms the bearish outlook on scenario 3, suggesting that the next critical support lies at the 50 SMA . Similarly, the RSI is in a sloping motion but has not hit the oversold area yet. On the other hand, the bearish picture will be invalidated if Ripple closed the day above $0.5. Moreover, the support at the channel’s lower boundary as well as the 200 SMA on the 4-hour would secure the uptrend if they remain intact. (Scenario 1 & 2) The most significant upward movement for XRP would be to overcome the hurdle of $0.6. There was a sharp upward move in bitcoin price above the USD 18,500 and USD 19,000 resistance levels. BTC even broke the USD 19,200 resistance, but it struggled near the main USD 19,450 and USD 19,500 resistance levels. For XRP, breakout above reaches previous major resistance at approximately 0.79. At this point, we will likely see a correction where our previous .68 resistance line was back when BTC broke $19800. This line will act as support and likely lead to a bounce and break scenario. Price target for this breakout is $1.00. This will likely send XRP into a second descending channel as XRP faces the $1.00 resistance level as seen in my previous chart linked below.
BITSTAMP:XRPUSDLong
by eifwifeiwjfeiwfw
4
XRP LABELS!hey xrp lovers! so I made a label on Wednesday as the xrp broke out to a 0.50. then on Thursday, we had a retest obviously back to its previous resistance leaving us with an empty wick. Friday is our chance to a possible refill of that empty wick which would be a possible 23% break to 0% (0.45). a chance to either buy the dip or hodl if you don’t trust it leave now cos the monthly chart has given us a reason to believe that January decides the fate of this altcoin. if you loved this, please leave a comment, like, and follow cheers!
XShort
by UnknownUnicorn12554943