XRP – Page 16 – BitcoTasks BLOG

Cardano And XRP Shorting Activity Could Act As ‘Rocket Fuel’ For A Rally; Santiment

June 20, 2024

On-chain analytics platform Santiment has outlined a factor that could contribute to Cardano (ADA) and XRP enjoying further moves to the upside. Both tokens recorded relief pumps following the recent decline in the crypto market, but market traders believe this development is far from a bullish reversal. Heavy Trader Shorting Could Lead To Price Rises…

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SEC Drama Fuels XRP Rally: Open Interest Skyrockets

June 20, 2024

Cryptocurrency Market News

The cryptocurrency XRP is making waves as open interest (OI) for the token experiences a dramatic rise. This surge in investor positioning coincides with the ongoing legal battle between Ripple Labs, the company behind XRP, and the US Securities and Exchange Commission (SEC). Bullish Bets On The Horizon Cryptocurrency analysis platform CryptoQuant detected a significant…

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XRP Price Stuck In Tiny Trading Range: Consolidation Phase Continues

June 20, 2024

Xrp

XRP price is struggling to start a steady increase above $0.50. The price must settle above $0.50 and $0.510 to gain bullish momentum in the near term. XRP price started a minor upward move from the $0.4765 zone. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There is a short-term…

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Analyst Says XRP Price Is Long Overdue For Bullish Wave, Here’s The Target

June 20, 2024

Xrp

The XRP price has struggled in the market over the past year and has failed to reach a new all-time high even after securing partial victories against the US Securities and Exchange Commission (SEC). However, this lackluster price action has not deterred investors, who continue to believe in the long-term potential of the altcoin. One…

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XRP’s Roadmap To Success: Analyst Forecast A Strong Bullish Turn In 2024

June 20, 2024

Xrp

Despite its recent decline, XRP, one of the largest cryptocurrencies by market cap, now holds the potential for substantial gains. Particularly, according to a recent technical bullish run against both the United States dollar and Bitcoin throughout 2024. This optimism is grounded in several key technical indicators and historical price actions, suggesting that XRP might…

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Ripple (XRP) Range-Bound Struggle: Will It Break Free?

June 19, 2024

Xrp

XRP price is struggling to gain bullish momentum above $0.50. The price must settle above $0.50 and $0.520 to start a steady increase in the near term. XRP price extended losses before it found support near the $0.4765 zone. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There is a…

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XRP Enters Triangle Formation: Analyst Predicts Rise To $200 Amid 300% Surge In Volume

June 18, 2024

Xrp

Crypto analyst Egrag Crypto has provided insights into the XRP future trajectory, predicting that the crypto token could rise to three digits. His prediction comes amid a recent spike in XRP’s trading volume, which also provides a bullish case for the crypto token. XRP To Reach $200 At Some Point Egrag suggested in an X…

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XRP, Dogecoin, & Shiba Inu All See Negative Sentiment: Signal To Buy?

June 18, 2024

Xrp News

Data shows social media users have been showing a negative sentiment towards XRP, Dogecoin, and Shiba Inu after their plunges in the past day. FUD Has Engulfed Traders Towards These Altcoins After The Latest Crash According to data from the analytics firm Santiment, the sentiment around XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) has…

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XRP Set For Monumental Rally: Analyst Points To Extremely Rare Signal

June 18, 2024

Xrp News

The latest chart analysis by crypto analyst @Cryptobilbuwoo0, published via X, offers a compelling narrative for XRP’s potential upward trajectory when juxtaposed against the total cryptocurrency market capitalization. The analyst emphasizes key technical indicators and historical patterns, suggesting that XRP might be on the brink of a significant bullish phase. XRP Price Poised To “Bounce”…

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XRP Bulls Flex Muscles: Potential Uptrend in Play?

June 18, 2024

Xrp

XRP price dipped but the bulls were active near the $0.4700 support. The price reclaimed the 100-hourly SMA and might continue to rise if it clears $0.4950. XRP price found support at $0.4700 and started a recovery wave. The price is now trading above $0.4800 and the 100-hourly Simple Moving Average. There was a break…

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Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch

June 17, 2024

Xrp

A crypto analyst has revealed a timeframe for XRP, the native token of the modest value could skyrocket to an impressive $500 during this bullish cycle, albeit under certain conditions. Analyst Foresees XRP Surging By 102,590% In an X (formerly Twitter) XRP will surge to new all-time highs this bullish cycle. The analyst projected an…

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