Top Analyst Sees XRP Exploding to $18.22 – Here’s His Ripple Outlook

2023-11-3 00:40

XRP, the native token of the Ripple blockchain, has seen renewed interest among crypto traders and investors lately. The token is currently trading around $0.6, with a 9% increase over the last 7 days.

According to popular analyst Dark Defender, XRP looks poised to continue its uptrend based on technical analysis. In a recent tweet, Dark Defender noted that XRP needs to close above the $0.66 level this week to confirm the uptrend. If this happens, he sees initial resistance at $1.05, followed by upside targets at the Fibonacci levels of $1.88, $5.85 and $18.22.

Dark Defender pointed out that the Parabolic SAR indicator is expected to turn green soon, which would add volume to the move upwards. He also noted that XRP is trading above the Ichimoku cloud on the weekly chart, another positive sign. As long as XRP can close above $1.88, he expects it to continue climbing towards the $5.85 and $18.22 targets.

In other Ripple and XRP news, the Dubai Financial Services Authority (DFSA) has approved XRP for use by licensed virtual asset firms in the Dubai International Financial Centre (DIFC). This regulatory approval represents a major step forward for XRP adoption in the Middle East.

With bullish technical analysis and positive fundamental adoption news, the medium and long term outlook looks bright for XRP. Traders may want to watch for a decisive close above $0.66 this week, which could trigger the next leg up towards $1.88 and higher.

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The post Top Analyst Sees XRP Exploding to $18.22 – Here’s His Ripple Outlook appeared first on CaptainAltcoin.

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token ripple xrp investors lately among crypto

token ripple → Результатов: 126


Фото:

Huobi добавляет Ripple XRP торговую пару с Houbi Token в Японии

После одобрения Японского агентства финансовых услуг биржа Huobi добавила в том числе и Ripple XRP торговую пару с Houbi Token. В Японии на бирже Huobi теперь можно торговать Ripple XRP в паре с Houbi Token. Ripple XRP добавили торговую пару...

2020-6-25 13:19


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Ripple Joins Over 40 Companies To Launch A Single Global Payment System, PayID: All You Need To Know

Ripple, the company behind the XRP token, on Thursday said it plans to help launch PayID after joining a consortium of over 40 global companies and nonprofits. The San Francisco-headquartered firm is now part of the Open Payments Coalition that will debut PayID which will enable people around the world to easily pay a person […]

2020-6-19 21:46


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XRP in the Red; but Bulls Have Opportunity to Breach $0.20

Ripple’s XRP token has in the past three days seen its value tank to $0.18 lows, but if bulls push it above $0.20, it would signal the bears are losing grip The price of XRP, the third-largest cryptocurrency by market cap has, over the past seven days, descended into a downtrend that saw bears push […] The post XRP in the Red; but Bulls Have Opportunity to Breach $0.20 appeared first on Coinjournal.

2020-5-13 14:08


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Ripple to Reduce its Sales of XRP as Prices Rise

Ripple, who notoriously own a large portion of XRP, have reduced their sales of the token significantly, the lowest sales in any previous quarter Ripple’s sale of its XRP holdings is an activity that has happened regularly since the company escrowed billions of coins in 2017 to make the XRP supply more tightly controlled and more info… The post Ripple to Reduce its Sales of XRP as Prices Rise appeared first on Coinjournal.

2020-5-2 18:42


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Ripple’s XRP Token Gets Custody, Trading, Credit Support From Sygnum Bank

In an announcement dated April 30, 2020, the world’s first digital asset bank, Sygnum, stated that it had launched Ripple’s XRP protocol digital token on its platform. Sygnum Bank Introduces Support for XRP Switzerland-based Sygnum Bank AG has announced the availability of  the XRP token for custody, trading, and credit services on its banking platform.

2020-5-1 13:30


Ripple Partner MoneyGram Secures $9M Investment from Brinks

With a disastrous year firmly behind its XRP token, there’s no stopping Ripple in 2020. Its major partner MoneyGram just received a $9 million investment from NYSE-listed Brinks. Brinks Invests $9M in MoneyGram As the global leader in total cash management, The Brink’s Company (NYSE: BCO) announced today that it had invested $9 million in MoneyGram International in Q4 2019.

2020-2-7 17:00


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Ripple CEO Berates Bitcoin Performance in Shameless XRP Shill

It’s a fact that Ripple’s XRP token has been performing well this week, but to claim that it has outperformed Bitcoin, as CEO Brad Garlinghouse has just done, is a bit hyperbolic. Ripple CEO Brad Garlinghouse has only succeeded in adding to the cryptocurrency tribalism that already permeates the scene by boasting that his company’s […] The post Ripple CEO Berates Bitcoin Performance in Shameless XRP Shill appeared first on BeInCrypto.

2020-2-6 12:18


Конкуренция растет: BitMEX запустит XRP-свопы, а Binance — контракты на Zcash

Популярная криптодеривативная биржа BitMEX анонсировала запуск бессрочных свопов на базе токена XRP от калифорнийского стартапа Ripple. We at BitMEX are proud to announce that trading of a new perpetual swap on the XRP token (XRPUSD) will begin at 0400 UTC on 5 February 2020.

2020-2-4 13:04


What Could XRP Price Be if Courts Decide it’s a Commodity?

XRP, Ripple’s native utility token, has been stuck under $0.25 for a number of months now, as traders wait for bullish news to arrive. But what would happen to XRP price if the US court recognized the asset as a commodity and put an end to the ongoing lawsuit?  Wild Predictions Call XRP to Break Above $500 XRP has fought for acceptance and is viewed as a wildcard in the world of crypto, possibly bouncingRead More The post appeared first on Bitcoinist.com.

2020-1-20 18:00