SEC
XRP update!Update!
Going back to my previous report I would just like to say THANK YOU FOR THE LOVE!
We can see that XRP is moving in the direction of which we predicted and if I may say we have might quite the accurate prediction.
In my "non pro" opinion, I believe we are simply creating structures to sustain the 0.60USD level. I believe this is to be due to the fact that we have not seen these levels CONSISTENTLY building bullish structures since before the SEC lawsuit.
I believe in order to get passed the 0.75USD level we need to consistently build bullish structures from the 0.40-50USD levels to introduce the breakout passed 0.75USD.
The big outburst are not going to last, any experienced trader understands this. We are currently at a level where XRP is being used as speculative subject because the financial institutions are aware of the ability this can provide to retailer investors and BANKS are always looking to have the advantage over retail investors.
With that being said, I would come to assume that regulatory clarity will side with financial institutions as they make the government more capital than the average retail investor and let us not forget to close ties between central banks to governments and banks to central banks. They are all connected.
With the focus being placed on XRP being used as a payment system to potentially replace the SWIFT system, one must ask themselves if retail investors will be able to buy XRP and other cryptos from banks as well.
The main point of this report is to provide my perspective on the fact that I believe the financial institutions are waiting for clarity in the US to integrate XRP in their system. Many people are speaking about Bitcoin not being regulated and that being a problem for the Crypto industry as a whole.
My answer to that is that Financial institutions are buying up assets like BTC AND ETH because once regulated they will have the upper hand as to who is protected under these new "crypto laws" that will be established. These assets will be mainly used for BUSINESS to BUSINESS transactions and XRP will be the one allow these financial institutions and businesses to connect with the average retail investor/average person. At this point it would make sense to see XRP hit 10 or even much higher.
Refer back to crash of 2008, people sold their homes and banks bought them up. Years later those same banks profited and now dictate the outcome of your financial decisions. I am not saying we retail investors will not have the ability to keep our XRP, however, I do believe it will come down to a day where the average retail investor is not able to buy even 1 XRP due the price being too high for them.
In my opinion, the system behind XRP is the reason why I am personally invested. The innovation that comes with XRP simply cannot be ignored and the thing this is just the beginning of understanding what XRP can do!
I do believe the GOV will provide clarity on XRP and other crypto currencies primarily to central banks, banks and businesses and finally the average person. In order to be well POSITIONED, and this is not Financial advice, I would buy and hold as much XRP as I can while I still can.
Thank you for reading this I did promise a more detailed report if y'all showed more love and you did!
Let's get some more love up in here and I wanted to ask you all, should I start making Youtube Vids? LET ME KNOW!!!!!
Short and SupportFollowing the recent XRP rally I have mapped out some possible short entries and support zones to take profits.
XRP rallies tend to end with a short and sweet wick which is highly volatile. Low leverage is necessary.
The road ahead for XRP will be rough. The ongoing battle with SEC will shake investor confidence overtime.
- BreadCharts
Love hate relationshipI haven't adjusted a damn thing on this analysis outside of letting it play out for a day.
Technically, the analysis is sound. XRP is acting exactly as expected.
But damn is it boring to watch in contrast to the rest of the market.
The candle at the culmination of the pennant was bullish as expected... Just the volume was a dud.
Like lighting a bottle rocket that was dipped in water. Sure, the wick lit and burned...the bottle rocket might have even traveled a foot or two...but then it just stopped.
Agonizing.
Nevertheless, I think this is because the enthusiasm of the American market is unrealized due to exchange delistings and trading suspensions.
Future? A slow climb in conjunction with the bull market. Until Ripple settles with the SEC, or receives a verdict. Then, meantime.
Happy trading my friends.
NOT FINANCIAL ADVICE.
Keep Calm and Algorandmaxx
One block finality
Forkless
High Throughput
No Staking
No Validators
Decentralized Consensus
Stateless and Stateful Smart Contracts
MIT, Silvio, Gensler
Easy to Install and Use
Wallets don't have to store entire block chain
Keep coping ADAcels, I am drinking the marmalade of your tears rn.
XRP/Tether weekly bullish expectationHI
if you had followed the news regarding this crypto you might have heard the news that the SEC had slapped a case against the company and this crypto as it is not a currency and it is a security by its nature,
the reasoning was that at first glance it is not a decentralize coin and it is a centralize token where the company which uses it for financial transactions are holding the majority of it release and controlling its flow directly to the market so does the Security and Exchange Commissions took the objections based on its influence able nature and as of now the CEO and CLO of the company are tackling the lawsuit in the court so if they come up with acquisition from case so does another pump in the daily volume and value of the asset...
please comment me your views
MORE GOOD NEWS FOR XRP RIPPLEhello,
Traders/investors in xrp you need to watch this.
Biden Taps Gensler as SEC Chairman, FTC’s Chopra as CFPB Chief
President-elect Joe Biden has picked a pair of veteran regulators strongly backed by progressive Democrats to lead two key Wall Street watchdogs, signaling that his administration is planning tough oversight after four years of light-touch policies under appointees of President Donald Trump.
Former Commodity Futures Trading Commission Chairman Gary Gensler will be nominated to lead the Securities and Exchange Commission and Federal Trade Commission member Rohit Chopra is being tapped to lead the Consumer Financial Protection Bureau, Biden’s transition team said Monday.
What is the XRP Historial Origin Line Suggesting?On the weekly Log chart, XRP is following it's historical route along the origin-line since 2014, and has already landed, and held onto recent support on the origin line suggesting a possible bull run incoming.
The origin line has been used as support and resistance for as long as the chart has been around.
This could be massive news for XRP regardless of the SEC lawsuit, where Ripple have around 21 lawyers to the SEC's 4 lawyers.
Even the ex-chairwoman of the SEC is on Ripples team for the case.
This is probably a great time to jump in on xrp. Only time will tell.
Disclaimer: Do NOT buy or sell anything based on what I say!!!! This is just my opinion!!!
XRP/USD LONG TERM GOOD INVEST AND UP POTENTIALXRP faces an SEC charge.
Logically people sold out of fear.
SEC lawsuit could result in XRP not being allowed to supply more XRP.
Supply freezes and you know what happens after......... *high*
Technical analysis tells us, that we have enough space and bullish patterns are shown in smaller time frames.
Medium Term Short Idea (Jan 12th through May 2021)Ripple (XRP)/USD rate (January 12th 2021 through May 2021)
Low: $0.11-$0.15
High: $0.51-$0.57
I have also posted a shorter time frame forecast in related below:
Orange box is my weekly Cindicator forecast.
I'm going to copy and paste what I posted in the quicker idea here:
So I was looking at Ripple again for Cindicator forecasting last night since we had the big 70-90 cent pump in November, and I do think now that the dust has settled a little since the SEC lawsuit announcement, there are still some quick opportunities in here. But its still a gamble with the massive de-listing on various exchanges in that aspect alone. Err on the side of caution with this one right now.
11 to 15/16 cents is a decent range for a bearish reaction to come about if the 57 cent target ends up being just an upwards retrace since the December XRP crash.
I was originally only thinking 51 cents could be our upper limit but Scott at TCL provided some guidance that 57 could very well be possible too.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
XRP se stabilise entre 0,20$ et 0,38$Nous repartons chercher 0,20$ pour XRP/USD. Il suit la baisse des cryptos. Une tendance Neutre pourrait se mettre en place entre 0,20 et 0,38$ dans le mois qui vient en attendant des annonces de Ripple pour le procès contre la SEC. Je rste Haussier à long terme sur XRP
XRP Scalp Set-up for 18% gain! 🚀The $.31 support level now has given XRP support on three occasions already and also shows some historical strength on the S/R flip. Since the price has reached this level again now, I believe this could be a great moment to enter XRP for an amazing 18% trade opportunity.
I tried to make the chart as self-explanatory as possible so I won't add lots of text in here. In case you have any questions, feel free to drop a comment and I'll make sure to leave an answer for you.
XRP (SEC CHARGE) Channel & Crucial Levels XRP appears to be in a range with an indication that it could explode to the upside on a technical standpoint despite the current SEC uncertainty. A clean chart to display solid fluid support and resistance levels amongst the Monthly, weekly and daily timeframe.
Despite the SEC uncertainty, XRP manages to maintain price action above the 8EMA & 18EMA with candle bodies closing consistently above the fluid support levels. The 200ema has proven time and time again to be a solid level for XRP to break, it has been unable to break this with lack-lustre wicks providing no sign of a close above. RSI shows the 78.10 provides an overbought perspective however, the channel and pennant XRP is currently, it is best to sit back and await further confirmation. If XRP closes above 0.35, I will enter positions with profit taking 0.38c, then 0.50c thereafter.
A rejection of the 200ema and the performance of the TOTAL crypto market will provide an insight to a bearish cycle to begin for XRP, with a visit to 0.26c, 0.22c and then 0.17c. In this scenario, my strategy consists of dollar cost averaging during the dips, I believe that regardless of the SEC charges against Ripple regarding being a secuity, it will have provide clarity therefore a long-term positive price action for XRP is still expected.
*This is not financial advice, please trade and invest responsibly*
XRP Trading Strategy After the SEC Complaint [Continued]We all realise now that it is very dangerous holding XRP long term, as its future is less certain than it has been before. However, big announcements and newsworthy events only happen once every so many months. The SEC complaint will also take a very long time to play out. Inbetween those events there is plenty of technical analysis that can be performed.
I will keep sharing ideas and trade set-ups for XRP. The volatility is amazing, and the support and resistance zones are still playing out as normal. Just be careful you don't enter a trade during when big announcements are to be made. Be safe and trade with a stop-loss on XRP!
This idea shows an example of how you could trade XRP right now, purely based on TA. We are seeing a clear support and resistance zone. I know it looks small, but there's an insane 30% gap in between them.
To get a great risk-reward on your set-up make sure you buy as low as possible to the support zone (that means, the price right now is too high... wait for it to drop first!) and sell as close as possible to resistance. I'm thinking of a buy around $.226 and a sell around $.3. This gives you a risk reward ratio of 1:2.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
XRP Has Seen The Bottom - What Is NEXT?In this technical analysis I will share a trade set-up with you that many of you will have missed. The reason it is missed is because XRP is very volatile right now and lots of people focus too much on the bigger picture. They either worry about the SEC complaint or look at the chart way too zoomed out. In reality there are lots of fantastic short term opportunities such as the one I present here. Don't worry, I will explain it step by step so you can benefit as well.
Just to recap, also based on my earlier ideas on XRP after the SEC complaint came in. It is very dangerous holding XRP long term, as its future is less certain than it has been before.
However, big announcements and newsworthy events only happen once every so many months. The SEC complaint will also take a very long time to play out. Inbetween those events there is plenty of technical analysis that can be performed.
I will keep sharing ideas and trade set-ups for XRP. The volatility is amazing, and the support and resistance zones are still playing out as normal. Just be careful you don't enter a trade during when big announcements are to be made. Be safe and trade with a stop-loss on XRP!
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!