Tag: XRP

XRP Price Grinds Higher: Is A Break Above $0.60 Imminent?

XRP price extended its increase above the $0.550 resistance zone. The price is showing positive signs and might extend gains above $0.5850 and $0.600. XRP price started another increase above the $0.550 resistance zone. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains if there is a close above the $0.600 resistance level. XRP Price Regains Strength…

Crypto Analyst Predicts Multiple God Candles For XRP, How High Can It Go?

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A crypto analyst remains highly optimistic about  XRP Ledger’s native token, XRP, predicting the appearance of multiple God candles that could potentially propel the cryptocurrency into a strong bullish rally.  Breaking Resistance Could Trigger God Candles In an X (formerly Twitter) post on June 14, a crypto analyst identified as ‘Dark Defender’ provided a detailed interpretation of technical indicators and resistance levels that could signal a bullish uptrend for XRP. The analyst revealed that XRP has experienced a highly bullish reversal for the Fisher Indicator on the weekly chart. Related…

XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?

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Data shows that users on social media are overwhelmingly showing FOMO towards XRP and Litecoin, something that could be a bearish sign for their prices. Weighted Sentiment Has Spiked For Both XRP & Litecoin Recently According to data from the analytics firm Santiment, LTC and XRP are among the coins that have seen an improvement in sentiment following the recent price recovery. The indicator of interest here is the “Weighted Sentiment,” based on two other metrics: Sentiment Balance and Social Volume. The Sentiment Balance tells us about the current net…

XRP Confirms Bullish Reversal: Analyst Forecasts ‘God Candles’

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Crypto analyst Dark Defender has shared an extremely bullish technical analysis on XRP via X, suggesting a bullish reversal and the possibility of “God Candles.” The analysis uses a variety of technical indicators and chart patterns to project an optimistic outlook for XRP. XRP Price Poised For ‘God Candles’? The core of Dark Defender’s (@DefendDark) analysis is focused at two indicators which suggest a change of trend. The first one is the breakout above a descending trendline. This move is critical as it means that XRP eliminated its first key…

XRP Price Soars 20% Then Corrects: Is Another Rally on the Horizon?

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XRP price gained bullish momentum above the $0.50 resistance zone. The price is consolidating gains and might aim for another move above the $0.5450 resistance zone. XRP price gained over 20% in a few days and broke the $0.500 zone. The price is now trading above $0.5050 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains if there is a close above the $0.540 resistance…

Philippines Charges 2 Russians in $6.2 Million XRP Theft

The Philippine Department of Justice (DOJ) has charged two Russian nationals with stealing PHP340 million ($6.2 million) worth of XRP cryptocurrency from a local crypto exchange. The suspects allegedly hacked Coins.ph’s system to commit the theft. The DOJ emphasized the importance of vigilance against cybercrime despite ongoing efforts to combat these threats. Philippine DOJ Charges […] Source CryptoX Portal

Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP

Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and the cryptocurrency industry. “The court’s ruling that XRP is not a […] Source BitcoincryptoexchangeExchanges CryptoX Portal

XRP Resilience Sparks Further Gains As Price Surpasses $0.466 Level

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…