Tag: xrp
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XRP finds footing at $1.12 as multiple indicators point to a potential trend shift
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XRP appears to have stabilized after a prolonged decline, with several technical, onchain and institutional indicators suggesting that the drop to $1.12 on Feb. 6 may mark a meaningful bottom. Since then, the token has rebounded sharply, climbing nearly 50 percent to a local high near $1.67 before settling around $1.43. While XRP remains well…
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XRP Price Sinks After Ripple’s Swell Event Despite Bullish Announcements
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XRP’s post-Swell enthusiasm has quickly evaporated as the token extended its November losing streak. Despite Ripple unveiling major partnerships and product updates during its flagship Swell conference, XRP has slipped sharply, signaling renewed bearish pressure in the market. XRP Drops Over 9% After Swell Conference XRP fell more than 9% in the hours following Ripple’s…
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XRP Price Eyes $4 Breakout as Analysts Signal Major Trend Shift
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XRP displayed fresh strength midweek, climbing 6.8% from Monday’s lows near $2.70, as traders pointed to crucial support levels that could pave the way for a recovery toward new highs. Analysts now suggest the token may be preparing for a significant upward move, with price targets stretching to $4 and beyond. Technical Setup Points to…
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Can XRP Continue to Outperform Bitcoin in the Current Bull Cycle?
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XRP has outpaced Bitcoin by nearly 300 percent since Donald Trump’s re-election victory in November, with the token gaining fresh momentum from Ripple’s settlement with the US Securities and Exchange Commission (SEC) and speculation over a spot exchange-traded fund. The rally has reignited debate on whether XRP can sustain its lead over Bitcoin or if…
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XRP Bull Flag Pattern Signals Possible $5 Rally as ETF Approval Nears
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XRP has printed a classic bull flag pattern on the daily chart, raising hopes of a major rally as investors await key decisions on spot exchange-traded funds (ETFs). Analysts say a breakout above resistance levels could push the token to $5, while optimism grows over regulatory approval in the United States. Technical Setup Targets $5…
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XRP Crashes Below $3 as Whale Sell-Off Triggers Market Shock
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XRP has slipped under the $3 mark for the first time since early August, as a mix of heavy whale selling and weak buying pressure drags the token lower. The third-largest cryptocurrency by market capitalisation has dropped around 10% in the past week, leaving investors worried about deeper losses in the days ahead. Below, we…
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XRP Whales Offload $1.9 Billion, Analyst Warns of Potential 30% Price Crash
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The cryptocurrency XRP is facing growing concerns after recent data revealed that large holders, often referred to as whales, have offloaded a substantial volume of tokens. Analysts are now warning of a possible 30 per cent price correction if key support levels fail to hold in the coming days. Whale Wallets Shed 640 Million XRP…
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XRP Eyes Major Breakout as Bullish Pattern Repeats: Could Reach $4 in August
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XRP is showing strong signs of repeating its previous rally pattern, raising hopes among investors of a sharp price surge in the coming weeks. The cryptocurrency’s latest price movements mirror a bullish fractal seen earlier this year, potentially setting the stage for another breakout towards the $3.75 to $4.00 range in August. Falling wedge pattern…
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XRP Eyes $4 as Whales Accumulate and Analysts Turn Bullish
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XRP is showing strong signs of recovery and upward momentum, sparking renewed optimism among traders and analysts. The token recently climbed above the $3 mark and continues to attract significant whale accumulation, a key indicator of bullish sentiment. Whale Activity Suggests Confidence Despite a recent sell-off triggered by Ripple co-founder Chris Larsen’s 50 billion XRP…
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XRP Dips 10% But All-Time High Still in Sight, Say Analysts
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XRP has seen a sharp 10% decline over the past 24 hours, falling to $3.21 after reaching a year-to-date high of $3.66 last Friday. Despite the correction, analysts remain optimistic about the Ripple-linked token’s long-term potential, with Bitpanda’s deputy CEO Lukas Enzersdorfer-Konrad suggesting a return to its all-time high is still achievable. “While it’s difficult…