Este artículo también está disponible en español. In a new technical analysis published on X, crypto analyst Dark Defender (@DefendDark) is projecting a highly bullish future for the XRP price. He leverages the Elliott Wave Theory to suggest a potential surge to $18.22 in what he anticipates to be the third wave of a major bullish cycle. This analysis is backed by a detailed review of XRP’s price movements, key support levels, and technical indicators on the weekly chart. Why XRP Price Is Poised To Hit $18 The Elliott Wave…
Tag: XRP
XRP Price Eyes $0.60: Can It Pick Up the Pace?
XRP price started a recovery wave from the $0.5440 zone. The price is now eyeing more gains above the $0.5720 resistance zone in the near term. XRP price started a decent increase from the $0.5400 zone. The price is now trading above $0.5620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5560 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could climb higher toward the $0.600 zone if it clears the $0.5720 resistance…
Here’s Why The XRP Price Plunged To $0.55
Este artículo también está disponible en español. The XRP price has dropped to $0.55 as the crypto token continues to struggle to break above the $0.60 resistance level. This recent drop is due to several factors, including Ripple’s recent token unlocks. Ripple’s Unlocks Causes Price To Drop According to the on-chain analytics platform Whale Alert, Ripple unlocked 1 billion XRP tokens ($559 million) from its escrow wallet on September 1. This formed part of the token unlocks, which the crypto firm is known to carry out monthly. These token unlocks…
XRP Retreats To $0.55, On-Chain Metrics Expose Investor Pain
Este artículo también está disponible en español. XRP is now trading at $0.55, following weeks of speculation and excitement from investors who expected a sharp price rise. However, fear and uncertainty drive the market, with Bitcoin and most altcoins trading at lower levels. This downturn has impacted investor sentiment across the board. Related Reading Crucial data from Santiment shows a noticeable change in the outlook of XRP holders. The optimism that once drove confidence is now fading, as most investors are sitting on unrealized losses. This shift in sentiment underscores…
Crypto whales are moving from Solana and XRP to this new crypto
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Top altcoins like Solana and XRP are fading as Rollblock, a new GambleFi gem, sparks excitement with a potential 100x gain. Stalwart altcoins that made the top crypto investment list years ago are only the second choice today. It’s not market volatility or instability. Crypto whales’ darlings like Solana and XRP simply maxed out their potential. The Solana price is just 47% away from ATH, and XRP is in…
XRP Price Trapped in a Tight Range: Will It Break Free?
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 Whales Are Depositing To Exchanges: Price To Drop Further?
On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during the past day. Related Reading All of these moves are of a scale that may be associated with the whales, who are humongous entities on the blockchain that control a non-negligible part of the circulating…
XRP Bulls Target New Gains: Will They Achieve a Breakout?
XRP price dropped toward the $0.5550 level before the bulls appeared. The price is now consolidating and might aim for a fresh increase above $0.580. XRP price started a consolidation phase after a drop toward the $0.5550 zone. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could attempt a recovery wave if it clears the $0.580 resistance zone. XRP…
XRP Price Reverses Course: Are More Losses Coming?
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 Flashes Breakout Signal: Are Short-Term Gains Coming?
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…