After a weeklong of price upticks, XRP bulls stepped up their game in the last 24 hours by pushing the token down.
XRP was on the verge of breaking out of a bullish pattern, but indicators suggested that it would take longer.bears stepped up their game in the last 24 hours by pushing the token down. However, this just might be the beginning of a new bull rally.
At the time of writing, the token was trading at $0.5965 with a market capitalization of over $33.5 billion, making it the 7th largest crypto.highlighting a multi-year bullish triangle pattern on the token’s chart. The pattern appeared in 2020, and since then the token’s price has been moving inside it.As per the tweet, XRP was exhibiting remarkable strength, consolidating within a multi-year symmetrical triangle formation.
Apart from that, whales were also actively trading XRP as the number of whale transactions increased over the last few days. However, market sentiment around the token turned bearish.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP price prediction: XRP eyes 10% gain as it rebounds from key levelXRP price prediction shows the altcoin could eye an extra recovery gain of 10%. However, overall market caution still exists.
Read more »
XRP surges past THIS key level: Is a rally to $0.64 next?XRP breaks $0.5657 resistance. Net outflows and whale activity signal bullish sentiment. Can it rally to $0.6487? Analysis inside.
Read more »
Assessing XRP’s +10% rally – Ripple’s DIFC news to the rescue?XRP's latest rally pushed it above key resistance levels. Can the popular altcoin hold these levels though? Well, that depends on...
Read more »
XRP nears massive breakout: Will this bull run mirror 2017’s rally?XRP shows potential for a major breakout after a 5% rise, with analysts eyeing a bull run similar to 2017’s rally.
Read more »
XRP: Assessing the odds of the altcoin reaching $0.94XRP bears have been dominating the market for quite a few weeks now, but a bullish pattern has appeared on its weekly chart
Read more »
XRP news today: How the altcoin has beaten Bitcoin, Ethereum of lateSEC settlement has led to notable changes in the price action of XRP, signaling a shift in the cryptocurrency's performance.
Read more »