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$XRP.X CRYPTOCAP:XRP XRP (MARKET CAP $138.98Bil) Retraces to entry PT **0.66-ish** --> Long term PT **13,145** (Timeline: Nov '26) Sky High! ?? 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. How does it reach a consensus if there is no mining? XRPL uses a different set of rules called the Ripple Consensus Protocol Algorithm (RCPA). The RCPA defines how XRPL is managed by a network of independent Ripple validator nodes. Any Ripple transaction needs to be verified by at least 80% of the nodes on the network. Anyone can become a validator. However, Ripple maintains a given set of validators that can be trusted. This trusted list of nodes is called the Unique Node List (UNL). If Alice wants to send 1,000 Japanese Yen to her cousin Bob in India, Alice could send it to the participating financial institutions. The JPY will be converted to XRP and will be validated by the servers in the network. Bob could withdraw the money in Indian Rupee once validated. The remittance can be done within seconds.
https://www.tradingview.com/x/woHlxtFI/ Hello, Friends! The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.473. ✅LIKE AND COMMENT MY IDEAS✅
For my scalping or Intraday trade, I created this pine script combining various indicator (namely the famous Alphatrend by @KivancOzbilgic, Previous Day Close and 52WeeksHigh/Low) into one indicator. If price goes above the PDC and Alphatrend is a buy then I will make quick long trade. If price goes below the PDC and Alphatrend is a sell then I will make quick short trade. I added a percentage based on PDC to give me where I need to put my stoploss. Not really important as I always have proper risk reward ratio but it comes handy most of the time.
? Calling all traders! ? XAUUSD is blazing, smashing records with finesse! ? Here’s the latest: ? XAUUSD Overview: ? Engaged in a gripping duel between 2885 and 2889. ? Is a breakout looming? ? Bearish Outlook: ? Be alert for potential declines if it dips below the range! ? Targets: 2878, 2871. ? Bullish Outlook: ? Anticipate buying opportunities if it breaks above! ? Targets: 2895, 2910. ? Join the Discussion: ? Share your perspectives as we journey through this golden terrain! ?️ Let’s reach new heights together! ?✨
? Current Setup: We have been tracking this area since the beginning of the week. Gold is finally pulling back after a strong run, now testing a key demand zone before a potential bounce. ? Key Levels to Watch: Last Resistance (LR - Gray Zone): Recent rejection shows strong supply. LB (Demand Zone - Orange): A liquidity grab here could set up the next move higher. ? Potential Scenarios: 1️⃣ Bullish Play: A bounce from the LB zone signals buyers stepping in, aiming for IBCL and beyond. 2️⃣ Deeper Liquidity Test: Price may dip below Previous Day Low before reversing up. 3️⃣ Breakdown Risk: If LB fails, the next leg lower is in play. ? What to Watch: Strong bullish reactions in the demand zone for long opportunities. H4 candle close in the LB zone preferably under the previous day low. Confirmations before entering—wait for structure to validate. CPI is later today. Hopefully we can get an entry and get back on the train for another attempt toward the ATHs and 3000 on Gold!!
https://www.tradingview.com/x/xEy1SwfM/ Hello, Friends! Previous week’s green candle means that for us the USD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.910. ✅LIKE AND COMMENT MY IDEAS✅
? ? Asset: XRP (Cryptocurrency) ? Timeframe: 15-Min Chart ? Setup Type: Falling Wedge Breakout ? Trade Plan: ✅ Entry Zone: $138.96B - $139.50B (Breakout Confirmation) ✅ Stop-Loss (SL): $136.74B (Below Key Support) ? Take Profit Targets: ? TP1: $141.42B (First Resistance) ? TP2: $143.52B (Extended Target) ? Risk-Reward Ratio Calculation: ? Risk (Stop-Loss Distance): $138.96B - $136.74B = $2.22B ? Reward to TP1: $141.42B - $138.96B = $2.46B ? Risk-Reward Ratio to TP1: 1:1.1 ? Reward to TP2: $143.52B - $138.96B = $4.56B ? Risk-Reward Ratio to TP2: 1:2.05 ? Technical Analysis & Strategy: ? Breakout Confirmation: Price breaking the falling wedge with increased momentum. ? Pattern Formation: Falling Wedge Breakout, indicating bullish reversal. ? Key Support & Resistance Levels: ? $136.74B (Support / SL Level) ? $138.96B - $139.50B (Breakout Zone) ? $141.42B (First Profit Target / Resistance) ? $143.52B (Final Target for Momentum Extension) ? Momentum Shift Expected: If the price sustains above $139.50B, we could see a rally towards $141.42B and beyond. ? Trade Execution & Risk Management: ? Volume Confirmation: Ensure strong buying volume above $139.50B before entering. ? Trailing Stop Strategy: If the price reaches TP1 ($141.42B), move SL to $139.50B to protect profits. ? Partial Profit Booking Strategy: ✔ Take 50% at $141.42B, let the rest run to $143.52B. ✔ Adjust Stop-Loss to Break-even ($139.50B) after TP1 is hit. ⚠️ Fake Breakout Risk: If price fails to hold above $138.96B, be cautious and avoid entering early. ? Final Thoughts: ✔ Bullish Setup – If price sustains above $139.50B, a strong move is expected. ✔ Momentum Shift Possible – Watch for volume increase to confirm the trend. ✔ Favorable Risk-Reward Ratio – 1:1.1 to TP1, 1:2.05 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #CryptoTrading #XRP #BreakoutTrade #TechnicalAnalysis #MarketTrends #DayTrading #ProfittoPath
Yesterday, EURUSD continued its upward movement, reaching 1,0381. Later today, U.S. inflation data will be released. This news has a significant impact and will determine the next move for the USD. If the pair continues to rise, the target will be to break previous highs and reach 1,0568. Be cautious of misleading price movements and avoid emotional trading!
Nifty enter in 1st zone, what next, if nifty enter in 2nd zone check my prviouse nifty post