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How High Will This ‘Elliott Wave’ Impulse Push XRP ?
XRP ($XRP ) has risen 6.2% in the previous week as market sentiment has improved, pushing the token's price above $2.3 for the first time in a month.
The Fear and Greed Index rose from a record low of 15 two weeks ago to 52 this morning, indicating that market participants are less worried about the market.
This helps crypto assets like XRP and has led to repeated bullish breakouts above key moving averages.
Ripple revealed a few days ago that investors and traders may borrow Ripple USD (RLUSD), the project's new stablecoin, over the AAVE protocol.
This is another key move by the blockchain startup to promote its stablecoin and become the dominant decentralized payments network.
According to CoinMarketCap, RLUSD's market valuation has increased 400% in two months from $60 million in early March to approximately $300 million at the time of writing.
XRP Could Rally to $2.5
According to the hourly chart, the price is consolidating while waiting for further liquidity.
Using the current Elliott Wave levels to find resistance and support zones yields two options.
xrp may reach $2.5
The optimistic scenario would see XRP break over the 5 wave at $2.2350, starting a new Elliott wave that might push it to $2.5.
A modest drop toward $2.23 is likely after this strong breakthrough. If that support remains, this bullish situation continues.
After the initial breakthrough, the price might retrace to $2.3 barrier (now support) and then advance to $2.4–$2.5 as the first realistic objective.
In a negative scenario, XRP would decline below $2.12 and reach $2.03–2.06.
The market structure is positive since prices are rising. The bullish scenario has larger probability of both.
Momentum indicators have slowed in recent hours as the market consolidates, and the U.S. session may infuse liquidity for a breakthrough in either direction.
#xrp #Xrp🔥🔥 #XRP🚀🚀🚀🚀🚀 #MarketRebound #XRPRealityCheck
XRP ($XRP ) has risen 6.2% in the previous week as market sentiment has improved, pushing the token's price above $2.3 for the first time in a month.
The Fear and Greed Index rose from a record low of 15 two weeks ago to 52 this morning, indicating that market participants are less worried about the market.
This helps crypto assets like XRP and has led to repeated bullish breakouts above key moving averages.
Ripple revealed a few days ago that investors and traders may borrow Ripple USD (RLUSD), the project's new stablecoin, over the AAVE protocol.
This is another key move by the blockchain startup to promote its stablecoin and become the dominant decentralized payments network.
According to CoinMarketCap, RLUSD's market valuation has increased 400% in two months from $60 million in early March to approximately $300 million at the time of writing.
XRP Could Rally to $2.5
According to the hourly chart, the price is consolidating while waiting for further liquidity.
Using the current Elliott Wave levels to find resistance and support zones yields two options.
xrp may reach $2.5
The optimistic scenario would see XRP break over the 5 wave at $2.2350, starting a new Elliott wave that might push it to $2.5.
A modest drop toward $2.23 is likely after this strong breakthrough. If that support remains, this bullish situation continues.
After the initial breakthrough, the price might retrace to $2.3 barrier (now support) and then advance to $2.4–$2.5 as the first realistic objective.
In a negative scenario, XRP would decline below $2.12 and reach $2.03–2.06.
The market structure is positive since prices are rising. The bullish scenario has larger probability of both.
Momentum indicators have slowed in recent hours as the market consolidates, and the U.S. session may infuse liquidity for a breakthrough in either direction.
#xrp #Xrp🔥🔥 #XRP🚀🚀🚀🚀🚀 #MarketRebound #XRPRealityCheck
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#XRP🚀🚀🚀🚀🚀
If you followed what Youzi said and opened a long position on XRP at a low multiplier of 2-2.3
Currently, with 5x leverage, you are enjoying a 120% profit, with 10x leverage, you are enjoying a 240% profit
With 15x leverage, you are enjoying a 360% profit, waiting for everyone's good news 🍺
If you followed what Youzi said and opened a long position on XRP at a low multiplier of 2-2.3
Currently, with 5x leverage, you are enjoying a 120% profit, with 10x leverage, you are enjoying a 240% profit
With 15x leverage, you are enjoying a 360% profit, waiting for everyone's good news 🍺
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Don't pay attention 🤡
#XRP🚀🚀🚀🚀🚀
#XRP🚀🚀🚀🚀🚀
$XRP XRP Conspiracy Theory: Is the U.S. Government Secretly Involved? 🤔💰
Rumors swirl that the U.S. government is behind Ripple’s XRP, with some pointing to key connections and events that fuel the speculation. Here’s why people are talking:
Ripple’s Powerful Partnerships 🔗: Ripple’s tech is used by major financial institutions, including central banks. Some believe this strategic alignment with global finance hints at government backing or approval.
Lobbying & Regulatory Influence 🏛️: Ripple has been vocal in Washington, lobbying for clearer crypto regulations. Its involvement with the SEC and other regulatory bodies sparks questions about its role in shaping U.S. policy.
The SEC Lawsuit ⚖️: Ripple’s ongoing legal battle with the SEC has raised eyebrows. Was it a fight for clarity, or is there a hidden agenda at play, perhaps paving the way for XRP’s larger role?
Ripple’s Bridge Currency Vision 🌍: XRP’s potential as a bridge currency for cross-border payments could be the key to transforming the financial system, and some theorize the government is quietly supporting its rise.
Government Talent on Ripple’s Team 💼: Ripple has hired several ex-government officials, further fueling suspicions of a behind-the-scenes alliance.
While these theories are fascinating, there’s no concrete proof of a government conspiracy. But with Ripple's growing influence, only time will tell if there’s more to this story than meets the eye. 🕵️♂️
#XRP #Ripple #ConspiracyTheory #Blockchain #USGovernment #Write2Earn
Rumors swirl that the U.S. government is behind Ripple’s XRP, with some pointing to key connections and events that fuel the speculation. Here’s why people are talking:
Ripple’s Powerful Partnerships 🔗: Ripple’s tech is used by major financial institutions, including central banks. Some believe this strategic alignment with global finance hints at government backing or approval.
Lobbying & Regulatory Influence 🏛️: Ripple has been vocal in Washington, lobbying for clearer crypto regulations. Its involvement with the SEC and other regulatory bodies sparks questions about its role in shaping U.S. policy.
The SEC Lawsuit ⚖️: Ripple’s ongoing legal battle with the SEC has raised eyebrows. Was it a fight for clarity, or is there a hidden agenda at play, perhaps paving the way for XRP’s larger role?
Ripple’s Bridge Currency Vision 🌍: XRP’s potential as a bridge currency for cross-border payments could be the key to transforming the financial system, and some theorize the government is quietly supporting its rise.
Government Talent on Ripple’s Team 💼: Ripple has hired several ex-government officials, further fueling suspicions of a behind-the-scenes alliance.
While these theories are fascinating, there’s no concrete proof of a government conspiracy. But with Ripple's growing influence, only time will tell if there’s more to this story than meets the eye. 🕵️♂️
#XRP #Ripple #ConspiracyTheory #Blockchain #USGovernment #Write2Earn
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