Tag: XRP

Triangle Formation That Sparked The 2017 XRP Rally Returns, What’s The Target?

The XRP price is seeing another triangle formation on its chart that could point to an impending rally. One important fact about this triangle formation is the fact that it led to a significant rally seven years ago, and if history repeats itself, then XRP may be set for a bullish wave. XRP Triangle Formation Signals Bullish Continuation In an analysis on TradingView, crypto analyst TradingShot pointed out that the XRP price is seeing another triangle formation. This formation comes from the culmination of a number of indicators, all of…

Coinbase (COIN), Ripple (XRP) Notch Wins in Expensive Quest to Sway U.S. Politics – Without Mentioning Crypto

A consistent strategy of Fairshake is to focus on districts that lean strongly toward one party and to support crypto-friendly candidates in those primary elections, because the winners are also likely to take the general election. If that seems a familiar gambit to elevate crypto candidates, it may be because it was the same one used by GMI PAC Inc., a leading industry PAC in 2022, which counted convicted fraudster Sam Bankman-Fried, the former FTX CEO, as one of its top backers. GMI’s strategist then, Michael Carcaise, is in a…

XRP Price Facing Another Drop: Understanding The Key Drivers

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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 Targets Strong Recovery: Key Indicators and Predictions

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…

Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims

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The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market analyst Tylie Eric throws a glimmer of hope for XRP holders, predicting a potential price surge based on a technical indicator. Related Reading Understanding Elliott Wave Theory Eric argues that XRP’s price movements might be following a historical pattern known as the Elliott Wave theory. This theory proposes…

XRP 6-Year Trendline Draws To A Close, 1,500% Rally Seen

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As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst has dropped a bullish XRP price prediction that investors can look forward to. According to the analyst known as Jaydee, XRP is getting close to skyrocketing into new price territories. Related Reading Analyst Predicts XRP Rally To $7.5 XRP days of trading less than $1 may be…

XRP Exhibiting Unusual On-Chain Behavior, How Will This Affect Price?

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Data shows XRP is currently exhibiting an interesting on-chain behavior amidst a broader market uncertainty. This unusual behavior was highlighted by CryptoQuant, a crypto on-chain analytics company. The peculiar behavior is noteworthy because it is associated with a growing open interest in XRP in comparison to other cryptocurrencies, suggesting XRP is primed for a major price move. XRP Open Interest Surges According to CryptoQuant data initially noted by an analyst associated with the analytics platform, recent news involving the SEC and Ripple, XRP’s parent company, has seen the open interest…

XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness

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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…

Cardano And XRP Shorting Activity Could Act As ‘Rocket Fuel’ For A Rally; Santiment

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On-chain analytics platform Santiment has outlined a factor that could contribute to Cardano (ADA) and XRP enjoying further moves to the upside. Both tokens recorded relief pumps following the recent decline in the crypto market, but market traders believe this development is far from a bullish reversal.  Heavy Trader Shorting Could Lead To Price Rises For Cardano And XRP Santiment claimed in an X (formerly Twitter) post that the heavy trader shorting which Cardano and XRP are currently seeing could be the “rocket fuel” for continued price rises for these…

XRP bulls aim for $0.5 amid market uncertainty

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ripple trades sideways, Rebel Satoshi Arcade aims to change crypto gaming, reigniting classic pay-to-play and free-to-play experiences. Ripple (XRP) has been trading sideways for a couple of months, and it has been unable to reach its all-time high like Bitcoin. The situation may get worse if Ripple loses its next critical support level. The daily XRP/USDT chart shows that the price has been between $0.50 and $0.55 since…