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XRP ANALYSIS Ripple Price Analysis: Bulls Aim Larger Increase Ripple Price Analysis Recently, there was a fresh increase in ripple price above the $1.00 resistance against the US Dollar. The XRP/USD pair broke the key $1.10 resistance zone to move further into a bullish zone. The price even cleared the $1.20 level and it settled above the 55 simple moving average (4-hours). There was a spike above the $1.25 level and the price traded as high as $1.288. It is now consolidating gains above the $1.20 resistance and the 55 simple moving average (4-hours). There was a dip below the 23.6% Fib retracement level of the upward move from the $1.050 swing low to $1.288 high. However, the bulls were active above the $1.180 support zone. There is also a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair. The triangle support is close to the 50% Fib retracement level of the upward move from the $1.050 swing low to $1.288 high. On the upside, an initial resistance is near the $1.25 level. The next major resistance is near the $1.30 level. To start a fresh rally, the price must clear the $1.30 resistance. In the stated case, the price could rise towards the $1.50 level. On the downside, the triangle support near $1.20 holds a lot of importance. The next major support is near the $1.18 level. Any more losses could lead the price towards the 1.08 level. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpledger #xrpprice #xrpthestandard #xrpcoin #xrppump #xrpusd #xrpanalysis #xrpnews #xrparmy #xrptrading #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrpcrypto #xrp #xrpripple #ripplexrp #ripplenetwork #ripplenet #ripplecoin #ripplenews #rippleupdate https://www.instagram.com/p/CS6wRB8MuJV/?utm_medium=tumblr

XRP ANALYSIS XRP price gained traction and it broke the USD 0.632 resistance zone. The price is now approaching the USD 0.650 resistance. If the bulls succeed in clearing USD 0.650, they might aim for a test of USD 0.680. The next key resistance is near USD 0.700. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpledger #xrpprice #xrpthestandard #xrpcoin #xrppump #xrpusd #xrpanalysis #xrpnews #xrparmy #xrptrading #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrpcrypto #xrp #xrpripple #ripplexrp #ripplenetwork #ripplenet #ripplecoin https://www.instagram.com/p/CR3BMEHsSCg/?utm_medium=tumblr

XRP ANALYSIS XRP/USDT XRP broke below the $0.59 support on July 16. The bulls tried to push the price back above this level on July 18 but they could not sustain the higher levels. This indicates that bears continue to sell at rallies. The XRP/USDT pair has resumed the downtrend today and the next stop could be the psychological support at $0.50. The bulls are likely to defend this level aggressively. If buyers can push the price back above the 20-day EMA ($0.63), it will signal the start of a relief rally that may reach the 50-day SMA ($0.74). Conversely, if sellers sink the price below $0.50, the bearish momentum could pick up and the pair may slide to $0.45. If this level also fails to hold, the decline could extend to the next support at $0.40. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpprice #xrpthestandard #xrpcoin #xrppump #xrpusd #xrpanalysis #xrpnews #xrparmy #xrptrading #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrpcrypto https://www.instagram.com/p/CRiVMhPsBw6/?utm_medium=tumblr

XRP ANALYSIS XRP/USDT In a downtrend, the bears aggressively defend the 20-day EMA ($0.70) and that is what has happened in XRP. Even after repeated attempts in the past few days, the bulls could not propel the price above the 20-day EMA. The downsloping moving averages and the RSI below 42 suggest that bears are in command. If bears sink the price below $0.63, XRP/USDT pair could drop to $0.58 and then to the critical support at $0.50. This bearish view will be negated if the price rebounds off the support and rises above the 20-day EMA. Such a move will clear the path for a rally to the 50-day SMA where the bears may again pose a stiff challenge. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpledger #xrpprice #xrpthestandard #xrpcoin #xrppump #xrpusd #xrpanalysis #xrpnews #xrparmy #xrptrading #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrpcrypto #xrp #xrpripple https://www.instagram.com/p/CRAzZgiMGcY/?utm_medium=tumblr

XRP ANALYSIS The cross-border money transfer token has extended the consolidation period to the end of the week. Its narrow range spans from $0.8 to $0.9. However, the 50 Simple Moving Average (SMA) caps the immediate upside at $0.85. XRP teeters at $0.84 at the time of writing as bulls focus on lifting beyond $1. The sideways price action is mainly emphasized by the Moving Average Convergence Divergence (MACD) indicator as it levels at the zero line. This technical too does not have defined bearish or bullish signals, insinuating that the prevailing indecisiveness may spill into the weekend session. Closing the day above the 50 SMA may validate the bullish leg toward $0.9, but the breakout to $1 will depend on the buyer’s ability to break the resistance at the 100 SMA. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpledger #xrpprice #xrpthestandard #xrpcoin #xrppump #xrpanalysis #xrpnews #xrparmy #xrphodler #xrpmoon https://www.instagram.com/p/CQQQawIgAny/?utm_medium=tumblr

XRP ANALYSIS XRP/USDT XRP rebounded from just below the 20-day EMA ($1.23) on April 18 as the bulls accumulated at lower levels. However, the buyers are finding it difficult to extend the recovery today, indicating selling on rallies. If the bears sink the price below the 20-day EMA, a drop to the 61.8% Fibonacci retracement level at $1.10 is possible. A break below this level could intensify selling and pull the XRP/USDT pair down to the 78.6% Fibonacci retracement at $0.86. Contrary to this assumption, if the bulls propel the price above $1.56, the pair could rise to $1.80 and then to $1.96. The bears may defend this level aggressively but if the bulls can clear the hurdle, the pair could start the next leg of the up-move. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpprice #xrpthestandard #xrphotography #xrpcoin #xrppump #xrpusd #xrpnews #xrpanalysis #xrparmy #xrptrading #xrpmoon #xrphodler #xrpcryptowolf #xrpupdate #xrpcrypto https://www.instagram.com/p/CN3-TTDABUo/?igshid=ah89t80j083j

XRP Above $2? Why DeFi Integration Could Be Game Changer With the biggest gains in the crypto top 10 by market cap, XRP trades at $1.88 recording a 35.9% rally over the past day. In the weekly and monthly chart, XRP is up 107% and 307% respectively. XRP on a bullish trajectory in the 24-hour chart. Source: XRPUSDT Tradingview Operator Altstreet Bets has shared the chart below to indicate XRP’s price could go to $3 “without resistance”. The trader has set support at $1.10 and $1.72 and believes XRP could target $8.49 in the long term. Many factors are contributing to XRP’s recent performance. The high interest of investors in South Korea, buying the token for a premium, and new uses case for XRP. In the legal corner, operator King Solomon has been bullish over the recent developments in the Securities and Exchange Commission versus Ripple Labs, and executives Brad Garlinghouse and Chris Larsen lawsuit. Filed for the alleged sale of an unregistered security, things seem to be going in favor of the payment company. Researcher Leonidas Hadjiloizou has shown the position of international institutions on XRP. The Bank of International Settlements, in a report, said XRP is “definitely not a security”. Hadjiloizou said: Would Jay Clayton push for a lawsuit against Ripple as he was walking out the door if he believed the SEC would take action anyway after he left? I believe he wouldn’t. This is one of the reasons I believe this lawsuit is unwanted by the SEC and will settle it if it can save face XRP uses cases expand to DeFi Interoperable solution Wanchain has announced XRP will be integrated into its platform alongside Ethereum, Bitcoin, EOS, and others. Leveraging “Wanchain’s Universal Multichain Bridges”, users will be able to trade cross-chain enable XRP Tokens. #xrpthestandard #xrpcoin #xrppump #xrpusd #xrpnews #xrparmy #xrparmy #xrphodler #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrpcrypto #xrp https://www.instagram.com/p/CNopjhxAPl8/?igshid=a3ncrkahakfa

Ripple Holds over $70B in XRP. Why Is Ripple’s Equity Valued at $3B?–Novogratz Galaxy Digital Founder, Mike Novogratz has taken to Twitter to point out the massive disparity between Ripple’s estimated equity price and its XRP holdings. “Ripple equity is ‘trading’ in secondary market at $2-3bn valuation,” he wrote. However, “the $XRP on their balance sheet is worth approx $70bn. One price seems wrong.” “If $XRP price is saying settlement coming, the equity is crazy cheap. If not, the token seems expensive. Thoughts?” Looking Forward to Meeting You at iFX EXPO Dubai May 2021 – Making It Happen! Ripple equity is ‘trading’ in secondary market at $2-3bn valuation. The $XRP on their balance sheet is worth approx $70bn. One price seems wrong. If $XRP price is saying settlement coming, the equity is crazy cheap. If not, the token seems expensive. Thoughts? The Vast Majority of Ripple’s XRP Holdings Are in Escrow However, regardless of what will happen with the SEC, Hadjiloizou also pointed out that: “$62 bn of the XRP in Ripple’s balance sheet is locked in escrow.” Therefore, these holdings have most likely not been priced into Ripple’s current valuation. Ripple published a statement in December of 2017 explaining that the XRP holdings in Ripple’s escrow account will be “released” in instalments of (maximum) 1 billion XRP per month for the next 55 months A number of analysts believe that certain rulings in the lawsuit are actually partially responsible for the rally. For example, the price of XRP saw an increase after it was granted access to the SEC’s internal discussions about whether or not XRP was a currency. The court denied the SEC the right to disclose the financial records of Ripple CEO Brad Garlinghouse and another executive member of the company. At press time, XRP was trading at $1.34, which is 65 percent lower than its all time high of $3.84 and nearly 500% more than its price on January 1st, 2020 ($0.23). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xrpprice #xrpthestandard #xrphotography #xrpcoin #xrppump #xrpusd #xrpnews #xrparmy #xrptrading #xrphodler #xrpmoon #xrpcryptowolf #xrpupdate #xrpcommunity #xrp #xrpripple https://www.instagram.com/p/CNjyeTQgVBd/?igshid=1dbjwblzh7cg6