Xrp – Page 5 – BitcoTasks BLOG

XRP Prediction: Analyst Says Bullish Divergences Are Still Present, Here’s Why

August 8, 2024

Xrp

XRP is currently trading slightly above the $0.50 price level, having experienced a significant price decline that erased most of its gains from the previous month. XRP managed to break through the $0.60 price level in a rally last month, although this surge was short-lived, lasting only a few days. Despite this setback, crypto analyst…

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XRP Price Rallies 25%: Can This Breakout Continue?

August 8, 2024

Xrp

XRP price started a major increase above $0.500 after court’s ruling. The price is up over 25% and eyes more upsides above the $0.640 resistance. XRP price started a strong increase above the $0.500 and $0.550 levels. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There is a connecting bullish…

XRP Price Rallies 25%: Can This Breakout Continue? Read More »

XRP Price Eyes Breakout: Will It Surge Past Resistance?

August 7, 2024

Xrp

XRP price started a recovery wave above the $0.4880 resistance. The price could gain bullish momentum if it clears the $0.5220 resistance. XRP price started a decent recovery wave above the $0.4750 and $0.4880 levels. The price is now trading below $0.5220 and the 100-hourly Simple Moving Average. There was a break above a key…

XRP Price Eyes Breakout: Will It Surge Past Resistance? Read More »

XRP Whales Take Advantage Of 20% Drop To Buy Millions Worth Of Tokens

August 6, 2024

Xrp

XRP whales are taking advantage of the price downturn to accumulate more tokens. XRP recently bottomed out at $0.438 in the wake of an intense selloff in the wider crypto market, which saw the value of many cryptocurrencies drop sharply. This intense selloff resulted in a dramatic 20% decline in the price of XRP within…

XRP Whales Take Advantage Of 20% Drop To Buy Millions Worth Of Tokens Read More »

XRP Price Recovery Encounters Hurdles: Will It Prevail?

August 6, 2024

Xrp

XRP price started a recovery wave from the $0.4320 support. The price is up over 8% and now faces hurdles near the $0.5120 zone. XRP price traded below the $0.500 and $0.4550 support levels. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…

XRP Price Recovery Encounters Hurdles: Will It Prevail? Read More »

XRP Ledger Sees Sharp Decline In Major Metric That Threatens To Send XRP Price To $0.2

August 6, 2024

Xrp

Ripple’s Q2 2024 market report recently highlighted a decline in a crucial on-chain metric that could significantly impact the the XRP price. This decline in network activity and several other factors threaten to send the crypto token to new lows soon enough. XRP Records Decline In On-chain Transactions According to the report, on-chain transactions on…

XRP Ledger Sees Sharp Decline In Major Metric That Threatens To Send XRP Price To $0.2 Read More »

XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?

August 2, 2024

Xrp

The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in its price as it skyrocketed from $0.599 to $0.655 in just a matter of hours.…

XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible? Read More »

XRP Price Beats BTC: Surging Higher and Aiming for More

July 31, 2024

Xrp

XRP price is gaining pace above the $0.6320 resistance zone. The price is up over 6%, outperforming Bitcoin, and might rise further toward $0.6750. XRP price is gaining pace above the $0.6320 zone. The price is now trading above $0.640 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with…

XRP Price Beats BTC: Surging Higher and Aiming for More Read More »

Analyst Identifies Bullish Pattern That Can Send XRP Price To New Highs

July 30, 2024

Xrp

Crypto analyst Mikybull Crypto has identified a bullish pattern that can send the XRP price to new highs. This comes amid the growing increase in the investors’ bullish sentiment towards the XRP token. Bull Pennant Pattern Forms On XRP’s Chart Mikybull Crypto stated in an X (formerly Twitter) post that XRP has formed a bull…

Analyst Identifies Bullish Pattern That Can Send XRP Price To New Highs Read More »

XRP Price Range-Bound: Can It Maintain Support and Break Out?

July 30, 2024

Xrp

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…

XRP Price Range-Bound: Can It Maintain Support and Break Out? Read More »

XRP Price Hints at Breakout: Can It Achieve New Heights?

July 29, 2024

Xrp

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…

XRP Price Hints at Breakout: Can It Achieve New Heights? Read More »