XRP and SOL led the charge in overnight trading, driving the CoinDesk 20 Index 1.3% higher. Source
Tag: XRP
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock
XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens. Source
XRP Price Jumps As Ripple Leadership Blasts SEC’s ‘Hypocritical’ Crypto Regulation
The XRP price has climbed by over 4% within the last 24 hours, extending its bullish trend observed over the past month. This increase propelled the token to a four-month peak of $0.6377 early on Tuesday, outperforming the top 10 cryptocurrencies in the market. However, this recent surge in value coincides with strong criticism from key Ripple executives, including CEO Brad Garlinghouse and the company’s Chief Legal Officer Stuart Alderoty, directed at the leadership of the US Securities and Exchange Commission (SEC). Ripple’s Response To Amendments In Binance Lawsuit As…
XRP Price Beats BTC: Surging Higher and Aiming for More
XRP price is gaining pace above the $0.6320 resistance zone. The price is up over 6%, outperforming Bitcoin, and might rise further toward $0.6750. XRP price is gaining pace above the $0.6320 zone. The price is now trading above $0.640 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.640 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could rise further if it clears the $0.6580 resistance zone. XRP Price Rallies Over 6% XRP price formed…
Analyst Identifies Bullish Pattern That Can Send XRP Price To New Highs
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…
XRP price could have a ‘mega breakout’ soon, analyst says
Ripple price has held steady this week as crypto analysts predict a big comeback in the coming days. Ripple (XRP) was one of the top-performing cryptocurrencies on Tuesday as traders focused on the Bitcoin movements by the US government. Data by Arkham showed that the government moved Bitcoin worth $2 billion into a custodial account. Therefore, Bitcoin price retreated from $70,000 to $66,000 as these movements brought memories of the recent selling by the German government, which liquidated coins worth $5 billion this month. The US is a bigger Bitcoin…
XRP Price Poised For ‘Ultimate Breakout’ With $18 Target: Analyst
Crypto analyst Dark Defender (@DefendDark) has updated his 108,000 followers on X about the XRP/USD market outlook with a 3-monthly chart. In his latest analysis, he points to an imminent major price movement before the end of this quarter, in other words by the end of September. XRP Price On The Verge Of Ultimate Breakout The chart shared by Dark Defender illustrates a symmetrical triangle pattern, a typical continuation formation where converging support and resistance lines suggest decreasing market volatility and potential for a significant breakout. This pattern is formed…
XRP Price Hints at Breakout: Can It Achieve New Heights?
XRP price is attempting a fresh increase above the $0.600 zone. The price could gain bullish momentum if it clears the $0.6200 resistance level. XRP price is showing positive signs from the $0.600 support zone. The price is now trading above $0.6050 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $0.6050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it stays above the $0.5940 support zone. XRP Price Eyes…
Shiba Inu, XRP Forming Bullish Divergence, Analytics Firm Reveals
The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Seeing Losses Currently In a new post on X, Santiment has discussed how the various top coins in the cryptocurrency sector look on the MVRV Z-Score. The “Market Value to Realized Value (MVRV) ratio” is a popular indicator that, in short, measures the deviation between the total value held by the investors of an asset (that…
Analyst Says XRP Remains Strongest Compared To Bitcoin And Ethereum, Here’s Why
Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year. XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She noted that the crypto token has been holding quite well as traders and investors are again becoming bullish on XRP due to its “improving fundamental…