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.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 2.316 (+3.65%)
Объем 24H $7.567b
Изменеия 24h: 6.38 %, 7d: -13.05 %
Cегодня L: $2.2219 - H: $2.316
Капитализация $132.597b Rank 4
Цена в час новости $ 0.2431 (852.69%)

xrp ripple rally comes march level coin

Источник: zycrypto.com

xrp ripple → Результатов: 126


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


Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

2024-8-29 23:45


Ripple начинает тестирование своего стейблкоина на Леджере Ethereum и XRP

Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

2024-8-10 01:38


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Market Expert: Not Long On XRP? You’re ‘Disrespecting’ Yourself

Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. Related Reading: No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due to the positive outlook on the industry.

XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From Here

The XRP price recently surged to a three-year high of $1. 6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price.

XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5. 85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent.

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

On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during the past day.

XRP Bullish Signal: Shark & Whale Population Sharply Growing

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.

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.

XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?

Data shows that users on social media are overwhelmingly showing FOMO towards XRP and Litecoin, something that could be a bearish sign for their prices. Weighted Sentiment Has Spiked For Both XRP & Litecoin Recently According to data from the analytics firm Santiment, LTC and XRP are among the coins that have seen an improvement in sentiment following the recent price recovery.