Tag Archives: Ripple (XRP) Price

Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18.  The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders signal temporary reversals or pullbacks in an asset’s price within a broader trend.  Hi all. We recently checked the #XRP daily frame &...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum ended the week on a high note with a 9% price increase, making it one of the best performers on our list. In the process, ETH broke the resistance at $2,441 and turned it into support. The current target of this rally is $2,506, which is the next key level on the chart. If the second-largest cryptocurrency breaks that level as well, then it has a clear path...

Ripple has been enduring a consistent downtrend characterized by low volatility and a lack of momentum in its price movement. However, it has recently found itself at a pivotal support region near the $0.50 mark, potentially poised for a phase of sideways consolidation before its next significant move. By Shayan The Daily Chart Upon a close examination of the daily chart, Ripple’s price trajectory reveals a gradual decline, resulting in its arrival at a crucial support...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum appears to have found good support at $2,200 and has since returned on an uptrend, closing the week with a 3.6% price increase. The price action looks promising, and buyers are returning to the market. This optimism is also reflected in the daily MACD, which is making higher lows on the histogram. Looking ahead, ETH is working its way back up and could soon...

Ripple’s recent downtrend has persisted, resulting in the price falling below both the 100 and 200-day moving averages. Despite this decline, XRP has reached a substantial support region, marked by the triangle’s lower boundary at $0.5, and a short-term reversal is anticipated. By Shayan The Daily Chart A thorough examination of the daily chart reveals a pronounced decline in Ripple’s price, ultimately leading to its arrival at a critical and decisive support region. This...

TL;DR Analysts predict a short-term increase in XRP’s value, with some viewing the current moment as a “buy-the-dip” opportunity. Long-term forecasts are highly optimistic, reaching up to $594 by 2050, despite ongoing trends and the historical size of the cryptocurrency market. The Most Recent XRP Predictions Ripple’s XRP might have underperformed in the past month, but multiple analysts remain confident its price would thrive in the short term. According to the X (Twitter)...

Ripple’s price has been confined within a symmetrical triangle pattern since the latter half of 2023. However, a recent sharp decline has brought the price to the lower boundary of the triangle, where it may find support in the coming days. The subsequent breakout from this triangle pattern will play a pivotal role in shaping Ripple’s future prospects. By Shayan The Daily Chart A comprehensive analysis of the daily chart shows a noticeable downturn in Ripple’s price,...

TL;DR Analysts predict a potential rally for Ripple’s XRP, with forecasts ranging from $1.40 to over $10. Dark Defender suggests the coin is already on a bullish trend, with predictions of reaching up to $22.50 in the coming months. Crossing the $1 Mark This Year? Despite being on a downfall in the past few months, many analysts remain optimistic about the future of Ripple’s XRP. EGRAG CRYPTO – an X (Twitter) user who regularly presents forecasts – recently suggested that...

Ripple’s price is continuing its downward momentum on both the USDT and BTC pairs. According to technical analysis, the price is yet to reach a potential turning point on either chart. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Paired Chart Against USDT, the price has been trapped inside a descending channel over the last few months. Since the breakdown of the 200-day moving average (currently located around the $0.60 mark), the market has been dropping...

TL;DR Speculation about a spot XRP ETF has risen following the approval of Bitcoin ETFs in the US, but the ongoing Ripple/SEC lawsuit poses a significant obstacle. One expert suggests that the launch of the product might be more likely after 2024, pending clearer regulatory guidance. Are There Any Chances? The historic approval of several spot Bitcoin ETFs in the United States has given the XRP army (a term referring to the enthusiastic community of XRP investors and...