XRP finally breaks out from the consolidation channel. What next?

XRP finally breaks out from the consolidation channel. What next?
фото показано с : coinjournal.net

2022-9-21 17:37

Ripple’s XRP continues to enjoy bullish drives on the SEC case

Ripple partnered for the Maladroids game

XRP has broken from a consolidation channel as price eyes higher levels

With around a 20% weekly increase in value, Ripple’s XRP/USD is easily the top gainer cryptocurrency. Investors remain keen on Ripple’s case with the SEC, in which both sides have called for a quick settlement. Speculations are that Ripple will outwit the regulator in the long entanglement. The gains in the week are mainly a reflection of the positive expectations.

Another key development for Ripple that could have influenced XRP price is the partnership in XRPL projects. According to a September 20 announcement, Ripple partnered for the free-to-play battle royale game on the onXRP ecosystem. The game, dubbed Maladroids, integrates blockchain, with its first level release slated for this month. The news reinforced the positive developments of the SEC case, adding a bullish impetus for XRP. 

XRP retraces as price breaks out from the consolidation zone eToro

eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Buy XRP with eToro today Disclaimer

Bitpanda

Bitpanda is a digital assets brokerage company. It has grown to become one of the most popular crypto exchanges in the world, as it offers a user-friendly interface, it has developed a bunch of great features and it offers a variety of coins to invest in. Bitpanda has also built a reputation for security, and it has never experienced a hack of its data before.

Buy XRP with Bitpanda today

A technical outlook shows XRP above the $0.38 level, which was the top of the consolidation zone. The price is slowing down after a breakout, but momentum remains strong.

Source – TradingView

At the current price of $0.398, XRP has now set $0.38 as the support zone. The 20-day MA is about to close above the 50-day MA, reinforcing the bullish momentum. The MACD indicator has moved further into the bull zone. 

Concluding thoughts

A breakout candlestick indicates buyers are aggressively boosting their XRP holdings. While Ripple’s win against XRP cannot be ascertained yet, the token is attractive after the breakout. The cryptocurrency can be bought at the current price, with the next potential resistance at $0.45. XRP could still go past $0.45 if the sentiment continues to improve on the SEC case outcome.

The post XRP finally breaks out from the consolidation channel. What next? appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 1.1339 (+0.82%)
Объем 24H $6.642b
Изменеия 24h: -0.82 %, 7d: 55.54 %
Cегодня L: $1.0851 - H: $1.1536
Капитализация $64.555b Rank 6
Цена в час новости $ 0.4022 (181.92%)

xrp ripple channel consolidation breaks finally out

Источник: coinjournal.net

xrp ripple → Результатов: 126


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


Ripple переместили 150 млн токенов XRP

Команда финтех-стартапа Ripple, стоящего за токеном XRP, перевела около 150 мдг XRP из своих резервов на различные криптокошельки. Суммарная стоимость переведенных токенов XRP составляет примерно $66 млн.

2024-7-11 08:47


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP достиг $1 раньше Dogecoin и Cardano

XRP ошеломил крипторынок, превысив $1, опередив Cardano (ADA) и Dogecoin (DOGE). До этого скачка криптосообщество было вовлечено в дебаты о том, какие активы среди XRP, ADA и DOGE первыми достигнут отметки $1.

XRP Crosses $1: What’s Next?

XRP has surged past the $1 threshold for the first time since December 2021. This breakthrough comes as investors closely watch the token’s trajectory, buoyed by significant legal victories and shifting regulatory sentiments.

XRP breaks $1, hits 3 year high as open interest goes above $2 billion

Ripple’s XRP has reached a three-year high, surpassing $1 as open interest in the digital asset hit an all-time peak of over $2 billion. Over the weekend, XRP briefly touched $1. 19, its highest level since 2021, before settling around $110, according to CryptoSlate’s data.

XRP price surged to $1: will Stellar Lumens XLM be next?

Ripple’s price has gone parabolic, rising for three consecutive weeks as investors respond positively to Donald Trump’s election and its potential impact on the cryptocurrency market. Ripple (XRP) token crossed the important resistance at $1 for the first time since…