XRP price started a downside correction from the $0.6220 zone. The price declined below $0.600 and now consolidating above the $0.580 support. XRP price started a downside correction below the $0.600 zone. The price is now trading near $0.5950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.600 resistance zone. XRP Price Corrects Gains XRP price extended its…
Tag: XRP
Crypto Analyst Says XRP Is Still On Course To Rise To $150
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 Rally To $0.6360 Subsides As Price Faces New Decline
In recent trading activities, XRP has taken a significant hit in its latest attempt to rally toward its previous high of $0.6360. Despite initial bullish momentum suggesting a potential breakout, XRP could not sustain its upward trajectory. The failure to reach the anticipated target has led to a notable decline in value, raising concerns among traders and analysts about the short-term outlook for XRP. As XRP struggles with these hurdles, this article seeks to analyze its current price movement and the technical indicators suggesting a sustained drop. The goal is…
XRP Price Poised for More Upsides: Will the Rally Continue?
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 Eyes Upside Break: Will The Gains Keep Rolling?
XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gain bullish momentum if it clears the $0.60 resistance zone. XRP Price Eyes More Upsides…
Ripple (XRP) Advances Financial Infrastructure with Blockchain and Digital Assets
Alvin Lang Jul 20, 2024 04:46 Ripple (XRP) aims to revolutionize financial services using blockchain and digital assets, focusing on institutional DeFi, cross-border payments, and stablecoins. Ripple (XRP), a pioneer in blockchain technology, is making significant strides in transforming the financial infrastructure by leveraging blockchain and digital assets. Founded on the belief that blockchain would become the backbone of global financial services, Ripple aims to create more affordable and accessible financial solutions for individuals and businesses worldwide, according to ripple.com. Institutional DeFi…
Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation
Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Related Reading Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market because of the sudden about-face. XRP, Ripple’s native coin, fell 8% to $0.58, its 24-hour low. Trade volume was down as well, yet it rose 20%, showing investors’ interest amid uncertainties. There is…
Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
Data tracked by CoinGecko shows XRP accounted for as much as 40% of trading volumes on UpBit, the country’s biggest exchange, and over 35% on Bithumb and Korbit earlier this week. That is, unusually, higher than usual leaders bitcoin and Tether’s USDT, indicating a short-term demand for the tokens in the country. Original
XRP Price Faces a Dip, Yet Uptrend Support Holds Firm
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…
Prophet Brandon Briggs Predicts XRP Price Explosion To $10,000
Brandon Briggs, a Christian prophet, has dropped a bullish XRP price prediction that would break all records if it came to fruition. According to a video circulating on social media platform X, Briggs predicted XRP hitting a hefty price tag of $10,000. However, he did not give a timeline of when this would happen. This prediction comes amidst a bullish week for XRP, with the cryptocurrency currently outperforming large other market cap assets. XRP Price Explosion To $10,000 The XRP price has been subjected to various price predictions in the…