Ripple’s XRP Reclaims Third Spot From Tether Following Monster Surge

Ripple’s XRP Reclaims Third Spot From Tether Following Monster Surge
фото показано с : zycrypto.com

2020-7-29 20:21

The price of XRP, the native cryptocurrency of Ripple’s network appreciated significantly over the last 24-hour trading cycle to reach $0.24 a coin — the highest level since March. XRP’s rally comes at a time when other cryptocurrencies are rallying amidst a market resurgence.

The impressive rally has seen XRP taking back the third spot from Tether (USDT) stablecoin.

XRP Bulls Aim For New Yearly High

Earlier in the day, XRP surged over 10% to hit $0.24. This level was last seen in March before the coronavirus-fuelled meltdown. In comparison, bitcoin rallied a modest 0.58% over the same timeframe and ethereum gained 1.23% against the US dollar. At press time, however, XRP has retraced slightly to $0.2387.

XRP, the now third-largest cryptocurrency, has gained 16% on a weekly basis as its monthly gains amount to 35%. Interestingly, this makes XRP one of the best performing digital assets in the crypto markets this month.

XRP’s bullish breakout comes as bitcoin continues its uptrend after recently jumping above $11,000. While XRP was late to the party in this recent rally, the digital asset seems to be coming alive.

In general, it appears that most top ten cryptocurrencies are finally breaking out of their long-term downtrends. Combined, cryptocurrencies currently have a total market cap of 328 billion. 

What Lies Ahead For XRP?

Despite the recent rally, XRP is still the worst-performing large-cap crypto this year so far. While bitcoin has gained over 52% since the beginning of the year, XRP is up by only 23%. Even more outstanding is Cardano’s (ADA) over 320% yearly gain on the back of the long-awaited Shelley upgrade.

An analyst has noted that XRP bulls need to “step up the gas” or risk a steep correction.

$XRP BTC Pair

Now that the daily demand got retested can we finally send it out of this range? 2400 is such a tasty target for now. With the USD Pair looking like it does and the retest XRP saw on the BTC Pair I think it's time for it to step on the gas. Otherwise -> 1500 Sats pic.twitter.com/Uylo5HaSLC

— Smokey (@TraderSmokey) July 28, 2020

In the meantime, investors should look out for the 0.2400 level. Defending this level with an iron fist will invalidate the bearish outlook, as TraderSmokey suggests.

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Ripple (XRP) на Currencies.ru

$ 2.6559 (+0.55%)
Объем 24H $4.752b
Изменеия 24h: -3.62 %, 7d: 7.85 %
Cегодня L: $2.6374 - H: $2.6794
Капитализация $153.559b Rank 3
Цена в час новости $ 0.2431 (992.51%)

xrp ripple rally comes march level coin

Источник: zycrypto.com

xrp ripple → Результатов: 126


Ripple разблокирует 1 миллиард XRP 1 февраля

Компания Ripple, разработавшая реестр XRPL и выпустившая токен XRP, разблокирует 1 миллиард XRP в субботу 1 февраля. По текущим ценам эта разблокировка стоит $3,10 млрд. Когда XRP был запущен в 2012 году, Ripple оставила 80 миллиардов из этого запаса для собственных нужд, постепенно продавая токены на рынке.

2025-1-31 12:11


Фото:

Ripple предупредила о росте числа криптомошенничеств на фоне бычьего ралли XRP

Компания Ripple предупредила подписчиков в соцсети Х о массовых случаях фишинга и мошенничества на фоне роста крипторынка, в частности, криптоактива XRP.

2024-12-3 12:57


Фото:

XRP выросла на 20% после встречи гендиректора Ripple с Трампом

Американское издание FOX Business сообщило, что генеральный директор Ripple Брэд Гарлингхаус встретился с избранным президентом США Дональдом Трампом. На фоне этой новости криптовалюта XRP выросла на 20% — до $0,9842.

2024-11-18 11:49


Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

2024-11-3 12:03


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XRP Whales Are Depositing To Exchanges: Price To Drop Further?

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XRP Whales Go On $84 Million Buying Spree: Rally To Continue?

On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently.