XRP

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…

XRP price is struggling to clear the $0.6120 resistance zone. The price must stay above the $0.5940 support to attempt another increase in the near term. XRP price is consolidating near the $0.600 support zone. The price is now trading below $0.6120 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at $0.5945 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it…

Cryptocurrencies continue to show promising trends, with bullish momentum evident across various assets. XRP, Solana (SOL), TRON (TRX), Cardano (ADA), and Uniswap (UNI) are all experiencing dynamic price movements, with bulls striving to push prices higher. This detailed analysis explores their current trading ranges, support and resistance levels, and potential future gains, highlighting the optimism and opportunities within the market. XRP (XRP) XRP is trading between $0.58 and $0.63, showcasing a strong battle with bulls making notable advances. Over the…

The post Will Ripple-backed XRP Hit 50 or 70 Cents Next? Details appeared first on Coinpedia Fintech News Ripple Labs-backed XRP has maintained bullish momentum in the past four weeks. Fueled by notable demand from institutional investors, the XRP price closed last week above the 200-day Moving Average (MA), signalling that the buyers are in control.  However, the XRP price must consistently close above the resistance level of around 66 cents to invalidate the falling trend sustained year-to-date. Furthermore, XRP…

The post Expert Draws Timeline for When Ripple (XRP) Will Rise to $10,000 by Mirroring Bitcoin’s 2017 Run appeared first on Coinpedia Fintech News Following the lawsuit victory against the SEC, there’s renewed optimism surrounding Ripple (XRP). Many believe its performance, previously impacted by legal challenges, is now poised for a successful trajectory. A recent post by crypto analyst and investor Amelie highlighted her confidence in Ripple (XRP), suggesting it could surge over 6,000% from its current price of $0.5996,…

Bitcoin (BTC) saw a slight pullback last week, dropping the price to a low of $65,117. However, it registered a strong recovery and, besides facing significant volatility on Saturday, resumed its push towards the psychologically crucial $70,000 mark. BTC’s rally could be the result of several developments over the weekend, notable being former president Donald Trump’s supportive remarks for the asset during the 2024 Bitcoin conference. Trump also proposed allocating a portion of BTC currently held by the US Department…

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…

The post Dogecoin Bull Elon Musk Holds Millions of XRP Says Rumor, What Else Could He Be Holding? appeared first on Coinpedia Fintech News Only a few figures are as influential in the crypto space as Elon Musk. A tweet from the X owner can send the live crypto market into a frenzy, as seen with his affinity for Dogecoin, earning him the nickname “Dogefather.” However, recent talks have surfaced suggesting that Musk may also hold a significant amount of…

The post ChatGPT Answers: What Will Happen to the XRP Price and Altcoin Sector if Kamala Harris Becomes President? appeared first on Coinpedia Fintech News The political scene has seen big changes impact the altcoin market, such as Joe Biden’s recent withdrawal from the presidential race and the appointment of VP Kamala Harris as his successor.  Investors are worried about the current administration’s tough stance on altcoins, and some think Kamala Harris’s presidency might make things even tougher. With market…