They are very small coins. It's good for short-term trading due to their volatility, but not for the long term. I recommend XRP, Solana, Fantom even. Altcoins with a track record.
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Brandon-Marcano
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How do people see it in a couple of years? #worldocin #axs #Pengu
Does this news affect bitcoin? Or just the dollar?
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Ahmad_Ali77
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๐จ Breaking News ๐จ
In a dramatic turn of events, the U.S. House of Representatives voted down a Trump-backed plan to avert a government shutdown. The proposal, which aimed to prevent a shutdown by proposing deep cuts to federal spending, failed to garner enough support, leaving lawmakers scrambling for alternative solutions as the deadline approaches.
Below $2.350, XRP fell again. Price retested $2.20 support and is trying to rebound.
After $2.720, XRP fell again.
The price is below $2.50 and the 100-hour SMA.
On the hourly XRP/USD chart, a negative trend line connects to resistance at $2.45.
If $2.40 barrier is broken, the pair may rise again. XRP Falls At $2.20, XRP price declined after failing to rise beyond $2.50, similar to Bitcoin and Ethereum. It fell below $2.45 and $2.40.
Price dropped almost 5% and fell below $2.320. Finally, the price broke $2.20. Price is reversing losses after a low of $2.171. Price rose over $2.250.
The price broke the 23.6% Fib retracement barrier of the $2.720 swing high to $2.171 low decline. The price is below $2.50 and the 100-hour SMA.
Price may find resistance at $2.40 on the upside. The first major resistance is near the $2.450 level. There is also a connecting bearish trend line forming with resistance at $2.45 on the hourly chart of the XRP/USD pair. The trend line is at the 50% Fib retracement level of the $2.720 swing high to $2.171 low decline.
The $2.50 resistance follows. A clear move above the $2.50 resistance might send the price toward the $2.55 resistance. Any more gains might send the price toward the $2.620 resistance or even $2.80 in the near term. $3.00 may be the bulls' next challenge.
Dips supported? XRP may fall again if it fails to break $2.40. Initial support on the downside is near the $2.25 level. Near $2.20 is the next important support.
If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone.
Technical Indicators
Hourly MACD โ The MACD for XRP/USD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) โ The RSI for XRP/USD is now below the 50 level.
You don't understand what gives it value... RLUSD is also from Ripple. Gains for this currency are gains for XRP
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Mustang66
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With the arrival of RLUSD, the collapse of XRP is inevitable Why? According to its definition, RLUSD has more usability than XRP, which turns XRP into a memecoin
Solana has been very weak this month! I have expectations that it will improve due to the ETF, but not until the second half of next year.
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Crypto_Jobs
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$SOL / USDT - price analysis:
The main trend remain bullish on the weekly, but the weekly support at 198 - 200$ isn't a strong one! โ ๏ธ
Zooming on the current price it's pretty neutral and bulls must break above the 226 - 243 and 257$ resistances level. [H4]โณ
H4 view turned bearish! ๐
We may see a sideway phase between 225 - 210$ for some days before to see another breakout, up or down! โ ๏ธ
Zooming on the HTF charts, a retest of the 190 - 188$ support zone or (weekly triangle) is not impossible to be seeโ ๏ธ!
๐กTo Resume: Very unstable zone at the moment and we can expect a lot of pump and dump! I'm not confident to open a long position yet on #SOL for the long term! A weekly close above 250$ is required for the bulls for a safer entry on breakout!
A retest of the 180 - 190$ zone could happen, wich could be a final retest before to see another run upward! ๐ This scenario is possible if #bitcoin price continue to correct downard toward 84,000 or 80,000$!
Find a possible scenario (H4 view). (important levels are in my charts).
#SOL has been too much this month! I have good expectations that it will improve, especially because of the ETF, but there is still a long way to go for that
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Crypto_Jobs
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$SOL / USDT - price analysis:
The main trend remain bullish on the weekly, but the weekly support at 198 - 200$ isn't a strong one! โ ๏ธ
Zooming on the current price it's pretty neutral and bulls must break above the 226 - 243 and 257$ resistances level. [H4]โณ
H4 view turned bearish! ๐
We may see a sideway phase between 225 - 210$ for some days before to see another breakout, up or down! โ ๏ธ
Zooming on the HTF charts, a retest of the 190 - 188$ support zone or (weekly triangle) is not impossible to be seeโ ๏ธ!
๐กTo Resume: Very unstable zone at the moment and we can expect a lot of pump and dump! I'm not confident to open a long position yet on #SOL for the long term! A weekly close above 250$ is required for the bulls for a safer entry on breakout!
A retest of the 180 - 190$ zone could happen, wich could be a final retest before to see another run upward! ๐ This scenario is possible if #bitcoin price continue to correct downard toward 84,000 or 80,000$!
Find a possible scenario (H4 view). (important levels are in my charts).
I bought at THE WORST TIME (before a devaluation) and I recovered. Why? Because you wait... Because everything that goes down, goes up, if you choose the right currency of course.
During this bearish reversal, I saw a lot of people who lost because they had to take out their money out of necessity. The problem I see here is that it seems like bitcoin is their only investment, or that they put all their savings here.
FIRST BE a good manager and then have CRYPTO!!!
HAVE the majority of your savings in stable money, and only invest a percentage of what you have in crypto.
Ah. And please have a stable job! Because to live off trading you need to already have high capital. A professional trader already has a cushion, and either has all their money in risk capital.
Do you really think that commenting here on Binance affects the market price?
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Krypto Club
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I will never understand why there is so much hate towards $XRP Isn't it easier to just not invest in that currency? Even though there are plenty of comments "now wait and see how XRP goes back to 0" What does it matter to them how each person invests their money? Don't promote hate in the crypto community
Finally, a neutral analysis. Enough of misleading with speculation.
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Trading_idiot
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$XRP recent surge to $2.60, with a 7.3% increase in the past 24 hours, has certainly caught the attention of investors. The current consolidation phase suggests that a significant price movement is on the horizon.
Bullish Indicators:
Moving Averages: The strong buy signals from moving averages indicate a potential upward trend.
XRP Price Prediction: Can Ripple's $XRP 5x in Bull Run as Trump appoints new SEC chair and altcoin rallies - Techpoint Africa
Breakout Potential: If $XRP breaks above the $2.65 resistance level, it could trigger another rally. Bearish Considerations:
Mixed Oscillators: The mixed signals from oscillators suggest some uncertainty in the market.
Support Levels: If fails to hold above the $2.30-$2.50 support zone, it could lead to a pullback. Key Resistance and Support Levels:
Resistance: $2.75-$2.90 Support: $2.30-$2.50
The Verdict:
While the current technical indicators paint a bullish picture, it's crucial to remember that the cryptocurrency market is highly volatile. Investors should exercise caution and consider conducting thorough research before making any investment decisions.
XRP has a lot of future support from various companies. Ethereum has been in a bearish cycle for a long time. NFTs are dead and do not contribute much to the value of Ethereum.
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MMIF
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Bullish
Why XRP Overtaking Ethereum is Laughable$XRP
The claim that XRP could surpass Ethereum (ETH) as the second-largest cryptocurrency by market cap this cycle is both amusing and unrealistic. Hereโs why:
Massive Market Cap Gap: Ethereumโs market cap sits at $480 billion, compared to XRPโs $140 billion. Tripling XRPโs value while Ethereum remains stagnant is highly improbable.
Ethereumโs Utility: Ethereum powers DeFi, NFTs, smart contracts, and Layer 2 solutions, while XRP remains largely focused on cross-border paymentsโa niche market with limited scope.
Regulatory Clarity Isnโt Enough: Even if Ripple wins its SEC case, it wonโt catapult XRP past Ethereum, which has already achieved regulatory acceptance and institutional adoption through ETFs and other vehicles.
Developer Ecosystem: Ethereumโs open, decentralized network attracts thousands of developers. XRPโs ecosystem, controlled by Ripple, lacks the same innovation and community support.
Sustained Fundamentals vs. Hype: Ethereum thrives in bull and bear markets due to its real-world utility. XRP, by contrast, has historically been driven by speculative hype with no lasting growth.
Unless XRP dramatically expands its use cases and Ethereum faces catastrophic setbacks, this idea remains a fantasy. Ethereumโs dominance is built on fundamentals that XRP cannot match.#XRPDumping
The currency has received a lot of support and if it wins the lawsuit against the SEC, it will grow more. I do not believe this growth will happen in a year. Reaching 100 dollars will take quite a bit of time.
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Kirยช
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A sincere question, how do users of $XRP believe that it can go up to +100 dollars with this amount of tokens? The math doesn't add up, you would have to have the capital of bitcoin and it would only go up to 30 dollars
$SOL It is still deciding whether to continue going down or change trend.
Solana is a fairly strong coin that I consider should not suffer so much from this bear market. I have my money saved because in the long term these cryptocurrencies tend to grow, and more so with the (legitimate) valuation that Trump gave it. Added to this, $ETH , solana's competition, has been a coin that has lost a lot of strength due to its expensive prices and bad decisions.
It is not like meme coins, which are destined to fail in the long term.
If you did not manage to sell $SOL before the bear market, save it. But the optimal thing would have been to sell, and buy until now, when solana has broken several supports.