What is Ripple? Ripple is a privately-held fintech company that provides a global payment solution via its patented payment network called Ripple Network (also known as RippleNet). RippleNet is a payment network that is built on top of Ripple’s consensus ledger, called XRP Ledger (also known as XRPL). Ripple funded the development of the open-source XRP Ledger. Unlike most cryptocurrencies out there that cater to peer-to-peer needs, Ripple was made to connect banks, payment providers and digital asset exchanges, enabling real-time settlement expeditions and lower transaction fees. What is the XRP Ledger? XRP Ledger (XRPL) is the open-source distributed ledger that is created by Ripple. The native cryptocurrency of the XRP Ledger is XRP. Compared to Bitcoin (BTC) which uses a distributed blockchain whose transactions are processed and secured by proof-of-work mining, XRP transactions are processed by a network of trusted validators on the XRP Ledger Ripple transactions are publicly recorded on its open-source distributed consensus ledger which has a similar data structure to a blockchain where the successive data block includes the hash of the previous block. However, its consensus mechanism is different from Bitcoin or Ethereum. It does not rely on Proof of Work (PoW) and therefore there is no mining involved with XRP. XRP instead relies on a consensus algorithm known as the Ripple Protocol Consensus Algorithm. The XRPL’s integrity is maintained by a group of trusted nodes. All transactions must be agreed by a supermajority of these trusted nodes for it to achieve consensus and be included in the XRP Ledger.
Bullish divergence in on-balance volume along with sustained price-suppression have put platinum on breakout watch as we see strength in so many other commodities. Notably, volume has expanded meaningfully in the platinum futures market, and tariff tantrums may be the nail in the coffin as far as keeping a lid on price..
Hey There on 2HTF BTCUSD looking for upside continues from the support level of 96000$ And now we can see directly next 98000$ and then maybe looking back for previous lower support of 93000$ and 92000$ will be support for long So now we are here to see next again buy bullish candle for 100000$ Good luck Like and comment and follow for more updates and analysis
The Crypto Total Market Cap excluding the top 10 coins hit this week the 1W MA200 for the first time since the week of the U.S. elections in early November. Last time that was a huge buy entry. One more rebound here will be in our perspective the decisive one to start the usual Altseason of the last year of each Cycle. A +931.44% rise as in the last Cycle would put the market over 2 Trillion in capitalization and won't even be on the top of the 7 year Channel Up. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
I went long some Ford on the daily chart. No plan. No stops. No thesis. This is purely based on the down trend break.
Technical Perspective: Gold's Bullish Trend Current Trend Gold’s bullish trend remains intact, with strong price action maintaining upward momentum. The precious metal has successfully breached the $2,850 level, signaling potential for a move toward $2,900. Bullish Channel Gold is trading within a well-defined bullish channel, which provides: Strong Support: At $2,835. Resistance Zone: Between $2,875 and $2,900. Key Indicator: As long as Gold holds above the $2,835 support level, the bullish momentum is expected to persist. Anticipated Trading Range (Today) Support: $2,835. Resistance: $2,875. The market is likely to continue testing these boundaries in the short term. Potential Breakout The technical setup suggests a high likelihood of breaking higher if additional external factors provide support, such as: Weaker Economic Data: Signals from U.S. economic reports. Dovish Fed Commentary: Hints at further interest rate cuts or accommodative monetary policy
USD/JPY is falling towards the support level which is an overlap support that is slightly below the 71% Fibonacci retracement and could bounce from this level to our take profit. Entry: 151.88 Why we like it: There is an overlap support level that is slightly below the 71% Fibonacci retracement. Stop loss: 150.93 Why we like it: There is a pullback support level that aligns with the 78.6% Fibonacci retracement. Take profit: 153.24 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
This is tempting to buy, but patience is key with swing trading to reduce risk. In both instances, whether it has a leg up here or not, there's a buy zone lower based on JSC - SWING LONG indicator. It's been 100% accurate since 2015 with average trades of 46%. To keep it simple, we follow this.
A potential Gartley pattern is formed. Look to go long at the bottom of the PRZ.
CRYPTOCAP:XRP loses the main support at $2.5; next stop is $2.25–$2.30. If that doesn’t hold, $1.91 is next. The last level must hold, or something is seriously going wrong—not just due to the ongoing unlocks. The momentum is bearish on both the Daily and 4-hour charts. Additionally, the latter timeframe is flashing an imminent Death Cross (50 MA about to cross below the 200 MA, highlighted with a yellow circle). No need to explain what that means—it’s just not bullish for the mid-term. Prepare for your best XRP shopping. A revisit below $2 could be violent and short-lived. No pre-positioning, no party. As long as the Daily doesn’t close below $1.91, we should be fine. A close below would invalidate the Bullish Pennant/Triangle patterns immediately. I am positioned between $1.90 and $2 again, but with smaller risk this time due to CRYPTOCAP:BTC 's risky situation—it's at the lower trendline of its Rising Wedge. (More details on that in last night’s post.) The Daily XRP/BTC chart? More bad news. Yesterday’s candle closed below the 50 MA for the first time in nearly three months. RSI confirms the downtrend. ?? I publish my stuff regularly on Binance SQUARE, more images are allowed there (with this analysis, I added the 4hr CHART as well), and no cap on a number of posts/updates, unlike here. Check it out - by signing up with this link you also Support my work, thank You) app.binance.com/uni-qr/cpro/Square-Creator-52b223424?l=en&r=81770287&uc=app_square_share_link&us=copylink