XRP price rose for two consecutive days as sentiment in the crypto market improved and demand for its exchange-traded funds rose. Summary XRP price rose for two consecutive days as the crypto market rebounded. Technicals suggest that the token may soon rebound by ~40%. XRP ETFs have continued to experience substantial inflows this year. Ripple xrp-1.3%XRP…
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XRP price is trading above strong high-timeframe support, aligned with the 0.618 Fibonacci retracement and the 50-day moving average. This confluence reinforces its bullish market structure and continuation potential. Summary XRP trades above high time frame support at the 0.618 Fibonacci and 50-day moving average. Higher lows and higher highs signal bullish continuation potential. Bullish…
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XRP price action is consolidating around major support, with demand consistently stepping in at higher timeframes. If buyers defend this critical region, conditions are aligning for a potential move back toward all-time highs. Summary XRP is consolidating near $2.64 support, with liquidity buildup suggesting a bullish reaction is likely if tested. Technical confluence with the…
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XRP price bounced back and crossed an important resistance level this month, with technical and fundamental indicators pointing to further gains, potentially up to $5. Ripple xrp5.86%XRP jumped to a high of $3.05, its highest point since February, and up by 81% from its lowest point in June. Here are the top reasons why the coin may…
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XRP has jumped above $2.30 as excitement grows ahead of the XRPFi launch, a new decentralized finance platform set to expand the token’s utility. XRPFi, built by Flare Networks, will go live on Apr. 29. It will introduce smart contract functionality to XRP xrp6.85%XRP, finally enabling holders to stake, lend, borrow, and trade within the Flare…
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XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple xrp-0.95%XRP price was trading at $2.2 after falling 25% from its highest point this year, meaning it remains in a bear market. One of the biggest XRP catalysts is the rising optimism…
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XRP price retreated on Wednesday as a sea of red spread across the cryptocurrency industry ahead of the Federal Reserve’s decision. Ripple xrp-5.62%XRP dropped by over 5%, erasing most of the gains made on Tuesday after the RLUSD stablecoin launch. The decline led to significant liquidations of bullish positions, totaling over $15.19 million. Liquidations occur when exchanges automatically…
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The XRP price is slowly forming a highly bullish pattern that could lead to a strong breakout in the near term. Ripple xrp-2.18%XRP was trading at $2.4 on Dec. 13, up by 28% above the lowest level this week, and a few points below the year-to-date high of $2.90. XRP price is forming a bullish flag The…
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Ripple price held steady near its highest level this year ahead of the highly anticipated RLUSD stablecoin launch. Ripple’s xrp-11.15%XRP coin was trading at $2.55 Wednesday morning, within striking distance of its year-to-date high of $2.900. In an X post, Charles Hoskinson, Cardano ada-2.34%Cardano founder, said that he was “excited about RLUSD.” He tweeted that in response to a…
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The price surge is consistent with the recent bullish positioning in the options market. XRP’s price has nearly doubled this week to above $1. The SEC’s legal troubles could have a bearing on the agency’s pending appeal in the Ripple ruling, which said that XRP sales on public exchanges did not fall under the definition…
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