Tag: XRP

XRP Price Gears Up: Is a Major Move on the Horizon?

XRP price is holding the $0.500 support zone. The price is consolidating and aiming for a fresh increase while Bitcoin is trimming gains. XRP price is eyeing a decent increase above the $0.5100 zone. The price is now trading below $0.5095 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $0.5090 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5135 resistance zone. XRP Price Eyes Upside…

Why One Analyst Says Now’s The Time To Buy XRP

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Este artículo también está disponible en español. A few analysts say Ripple’s XRP is preparing for an explosive price action. Steph, an analyst under the “StephIsCrypto” username, offers a bold, positive outlook for XRP, saying that a significant price rally is in the pipeline thanks to increased global liquidity. Related Reading In a published analysis, Steph highlighted the token’s historical relationship with increased liquidity and structural patterns like the descending channel and the Bollinger Bands. According to Steph, these are the primary factors that set up XRP for a price…

XRP Price Resilient Above $0.50 While Markets Turn Red

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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…

Crypto Giant 21Shares Submits Registration Statement for XRP Exchange-Traded Fund

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The crypto exchange-traded fund (ETF) provider 21Shares is now trying to launch an XRP-focused ETF in the United States. The firm filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) on Friday. The proposed product, called “the 21Shares Core XRP Trust,” is a passive investment vehicle that tracks the price of the payments altcoin. 21Shares isn’t the first firm to try to get the crypto product off the ground. Bitwise Asset Management, the largest digital asset index fund manager in the US, filed an initial registration…

3 reasons Cardano and XRP investors are rushing to buy this new token under $0.001

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting focus to XYZVerse, a new token with a low entry price, attracting seasoned traders seeking growth. Investors in top cryptocurrencies are rapidly turning their attention to a new token with a remarkably low entry price. This emerging asset is generating excitement among those seeking significant returns beyond their current holdings. Its unique approach and potential for explosive growth are capturing interest from seasoned traders looking for…

21Shares files S-1 for spot XRP ETF

21Shares has filed documents for an XRP-based fund amid skepticism toward crypto ETF demand outside Bitcoin products. Crypto asset manager 21Shares launched its bid for a spot (XRP) exchange-traded fund as issuers considered more cryptocurrency investment vehicles. The company dubbed its potential offering the 21Shares Core XRP Trust, according to an S-1 form sent to the U.S Securities and Exchange Commission. 21Shares was the second wealth manager to file formal XRP ETF papers. Bitwise submitted a similar application in early October, after first registering a Delaware Trust for its XRP…

XRP Price Stands Firm Amid Bitcoin’s Dip: A Sign of Strength?

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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 Faces Support Test: Is a Rebound on The Horizon?

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XRP price is correcting gains from the $0.530 zone. The price is testing the $0.520 support and might bounce back to start a fresh increase. XRP price is eyeing more gains above the $0.5300 zone. The price is now trading above $0.5200 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5300 resistance zone. XRP Price Revisits Support…