Tag: XRP

XRP $0.60 Triangle Breakout Could Ignite Parabolic Rally – Key Levels To Watch

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Este artículo también está disponible en español. XRP trades at a pivotal moment after several days of volatile price action, sparking renewed optimism among investors. Some analysts believe that XRP is on the verge of breaking out from a massive 4-year bullish triangle pattern, which has served as an extended accumulation period.  Related Reading This technical formation has been steadily building up, and now XRP appears poised for a significant expansion phase. Following years of underperformance caused by the ongoing SEC lawsuit and broader economic uncertainty, the market is watching…

XRP Price Could Soon Surge: Can Bulls Fuel the Rally?

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XRP price is attempting an upside break above $0.600. The price is showing positive signs, but a weekly close above $0.600 is needed for a fresh surge. XRP price started another increase toward the $0.6050 zone. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5950 and $0.600 resistance levels.…

Crypto Whales Buy $228 Million In XRP Following $5 Price Prediction

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Este artículo también está disponible en español. XRP whales are bucking the trend with noticeable moves amidst a wider backdrop of uninspiring price movements for the cryptocurrency. A recent surge in XRP acquisitions has caught the crypto community’s attention, as large-scale investors acquired $228 million worth of the digital asset in a few days. Interestingly, this noticeable spike in buying comes on the heels of the launch of the Grayscale XRP Trust and an optimistic price prediction that sees XRP potentially hitting $5 in the next six to ten months.…

Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel […] Source CryptoX Portal

Grayscale XRP Trust Surges 11.44% One Week After Launch, Here’s The Catalyst

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Este artículo también está disponible en español. Grayscale’s XRP trust has grown noticeably since launch, a development which spells positive momentum for the digital asset. As one of the leading cryptocurrency asset managers in the world, Grayscale’s decision to unveil the first XRP trust in the US last week signaled the beginning of an institutional influx of funds into the cryptocurrency. Since its debut, the Grayscale XRP Trust has performed remarkably well. Data indicates that the trust’s value has surged by 11.44%, a clear indication of strong demand from institutional investors.…

Ripple Whales Accumulate Over 380 Million XRP in Just 10 Days: Is A Breakout Near?

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Este artículo también está disponible en español. XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days.  Related Reading This aggressive accumulation suggests a growing confidence among large holders as the market rallies toward higher prices. Analysts and investors closely watch XRP, anticipating a breakout from key supply levels that could trigger a rally to new highs.  With…

XRP Trending Up Since April 2017 Breakout —Analyst Explains Why

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Este artículo también está disponible en español. Market analyst EGRAG Crypto created much buzz with his sensational XRP predictions — a possible spike of up to 9,468%. Based on historical price patterns and market cycles, this projection has caused quite a stir in the crypto community. EGRAG disclosed his prognosis via X (formerly Twitter), representing various scenarios that can impact the course of XRP, bringing together aggressive and conservative price estimates. Related Reading Fundamentally, his estimate is based on a critical price point: the current cycle bottom of XRP set…

XRP Price Battles Resistance Around $0.60: Will the Struggle End?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP Price Nears $0.60: Is A Major Pump Imminent?

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XRP price is again moving higher above $0.580. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP price remained supported near the $0.5700 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $0.5720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP Price Eyes Upside Break…