#XmasCryptoMiracles Questa stagione delle festività, il mondo delle criptovalute ha offerto alcuni regali incredibili! Da Bitcoin che ha superato i 100K a Ethereum che ha superato i 4K, e persino le monete meme che sfidano ogni probabilità—qual è la tua scelta per il miracolo natalizio delle criptovalute? Condividi i tuoi successi festivi in criptovaluta!
#ChristmasMarketAnalysis L’analisi del mercato delle criptovalute questo Natale mostra un cauto ottimismo mentre gli investitori attendono un potenziale rally di fine anno. Nonostante la recente volatilità, le principali valute come Bitcoin ed Ethereum stanno mostrando resilienza, poiché molti tengono d’occhio le tendenze del 2024, e si prevede che la volatilità continuerà, rendendolo un momento privilegiato per gli investimenti strategici
$BTC non ci facciamo prendere dal panico. Le parole pronunciate in America hanno volutamente provocato uno scossone finanziario. I trader inesperti hanno venduto le loro posizioni facendo crollare il mercato. I grandi investitori se la ridono perché tra poco ripartirà la corsa. Tenete i nervi saldi, tra pochi giorni ci sarà l’insediamento del nuovo presidente USA, notoriamente pro crypto. Abbiate fiducia e soprattutto pazienza.
#BTCNextMove non ci facciamo prendere dal panico. Le parole pronunciate in America hanno volutamente provocato uno scossone finanziario. I trader inesperti hanno venduto le loro posizioni facendo crollare il mercato. I grandi investitori se la ridono perché tra poco ripartirà la corsa. Tenete i nervi saldi, tra pochi giorni ci sarà l’insediamento del nuovo presidente USA, notoriamente pro crypto. Abbiate fiducia e soprattutto pazienza.
At $2.66, ripple price action hits resistance, indicating a fall.
On-chain data demonstrates that XRP holders benefit following a huge spike, boosting selling pressure.
A daily candlestick above $3 would disprove bearishness. On Monday, Ripple (XRP) trades about $2.47 after gaining over 13% the week before. After a big gain, XRP investors realize profits, boosting selling pressure and predicting a short-term fall.
XRP owners selling bags From November to December, Ripple price increased almost fourfold. Post-rally profit-taking is another short-term concern for Ripple. Holders should book gains at the peak, according to Santiment's NPL indicator. XRP's NPL index increased on December 1, suggesting holders are selling their bags for a profit. After gaining in April 2021, a similar increase on May 1 caused a 35% drop in two weeks. If history repeats, XRP may decline short-term.
Coinglass reports XRP's long-to-short ratio at 0.85, the lowest in a month. This ratio indicates adverse market sentiment since traders expect the asset's price to decline, suggesting a Ripple price downturn.
Ripple Price Prediction: Exhausted bulls Ripple faced resistance at $2.66 on Sunday. On Monday, it trades marginally lower at $2.47.
XRP might fall below $2.00, a psychologically key milestone, if $2.66 holds as resistance.
The daily chart's RSI is 70, lingering near the overbought level and pointing downwards, suggesting bullish momentum weakening. RSI exiting overbought zone might imply a retreat sell signal.
Daily XRP/USDT chart
XRP might continue the advance and retest its January 7, 2018 all-time high (ATH) of $3.40 if it breaks over $2.66 and closes above $3.
The market does not always go up even in a #BullMarket , correction is important but don't worry the market will recover soon.. But still be careful and avoid future trade for now.. 👍
XRP Price Drop Is No Concern As Trader Predicts Mega Rally to $48
Coinspeaker XRP Price Drop Is No Concern as Trader Predicts Mega Rally to $48
The XRP price XRP $2.43 24h volatility: 5.0% Market cap: $138.77 B Vol. 24h: $12.47 B is down by 6.68% in the last 24 hours following the pullback in the broader crypto market. From its top of $2.75 last week, the XRP price has corrected more than 13% and is currently trading at $2.38 with a market cap of $136 billion.
However, popular crypto trader Ali Martinez continues to stay bullish on XRP eyeing much higher price levels and a mega rally to $48.12. Crypto analyst Ali Martinez shared an optimistic outlook for XRP, noting the formation of three consecutive bull pennants. Martinez expressed hope for a dip retest at $2.25, which he sees as an opportunity to buy, with a target price of $4.40.
Courtesy: Ali Charts
Following the 400% XRP price rally over the last month, some crypto market analysts suggested that the altcoin remains overvalued as of now. However, Martinez is taking a contra bet against the popular opinion.
While some consider XRP overbought, Martinez believes the token is undervalued after breaking out of a multi-year symmetrical triangle. He provided a conservative price target of $8.40 and an optimistic target of $48.12 for XRP in the near future.
Courtesy: Ali Charts
The Ripple altcoin has become the traders’ most preferred choice in recent times following the mega rally over the past month. In markets such as South Korea, XRP has become the traders’ choice over Bitcoin where the crypto market frenzy has been catching up fast.
This happened as the country faced political turmoil last week with the brief introduction of a Martial law, before revoking it by President Yoon Suk Yeol.
Veteran Trader Turns Bullish on XRP after Previous Criticism
XRP market capitalization has recently broken out above a significant triangular consolidation pattern, which veteran trader Peter Brandt has referred to as “the most important” chart in cryptocurrency. Brandt, who was once a vocal critic of XRP, has faced criticism for his sudden change in stance. Earlier this year, he had dismissed the token, predicting its value would plummet.
This the most powerful chart in all of crypto world $XRPUSD pic.twitter.com/UexaPB4D9r
— Peter Brandt (@PeterLBrandt) December 7, 2024
Following a Ripple vs. SEC update, legal experts have shared key insights on the Appeal Court notice. The impressive XRP price surge is driven by growing optimism around the potential resignation of SEC Chair Gary Gensler and rising excitement for an XRP ETF. With the token now only 25% shy of its all-time high, market sentiment indicates that the rally may not be finished yet.
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XRP Price Drop Is No Concern as Trader Predicts Mega Rally to $48
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