XRP Price Breaks Out—Is a Bigger Rally on The Horizon?

XRP Price Breaks Out—Is a Bigger Rally on The Horizon?

XRP price is moving higher from the $2.40 support zone. The price is showing positive signs and might gain bullish momentum above $2.60. XRP price started a decent upward move from the $2.400 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.60 resistance zone. XRP Price Gains Traction XRP price managed to stay above the $2.40 support and remained in a positive zone,....


Related News

DigiFinex Crypto Exchange to List Horizon Protocol’s Token HZN

DigiFinex, a global cryptocurrency exchange, is adding Horizon Protocol’s token HZN to its ever-increasing list of tradeable altcoins. This news comes a few days after Horizon Protocol announced the upcoming launch of their Horizon Genesis project on BSC. The project will provide Horizon Protocol’s community with better ways of managing their synthetic assets on the […]

Bitcoin’s Next Bull Run Could Be On The Horizon, Here Are The Potential Triggers

Discussions about another major rally for Bitcoin in this cycle have increased significantly within the space due to heightened volatility in the market lately. However, market experts are signaling that the next bull run for BTC might be on the horizon, driven by multiple crucial factors such as growing institutional interest and on-chain activity. Is […]

Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $1...

Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this market cycle before its price peaks.  What Next For The Bitcoin Price In an X post, Crypto Michael stated that when the Bitcoin price breaks $108,000, it will ignite a parabolic rally of immense proportions. The analyst seemed confident in this happening as he revealed how he had literally called every Bitcoin move since the $15,000 bottom to perfection. He also noted that his....

ImmutableX Breaks Out Of Downtrend, Can Price Rally To $1?

IMX price could be ready for a short-term relief rally as price breaks out from the downtrend, creating more bullish sentiment for a recovery. IMX looks strong on both low and high timeframes.  The price of IMX breaks out on the daily timeframe after forming a descending triangle. ImmutableX (IMX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $1.3. Previous weeks for the crypto space have been slow as most altcoins, and major cryptocurrencies like Bitcoin (BTC) continued to move in a range. With so much belief in Uptober, as many....

Bitcoin May Be Stalling Here

I wrote an article just yesterday in which I suggested a target of $1,000 was on the horizon for bitcoin. Taking my own advice, I went long as a result of that analysis. However, I have since closed that long position as a result of subtle indications on the 2 hour chart that support might be failing. As you can see, when price fell, price bounced odd the 2nd arc and re-entered the sphere of the 1st arc. The arc provided support for several candles. This was the bullish event that led me to believe that another bitcoin rally was likely beginning. However, at the red arrow, the 1st arc....