XRP Price Could Soon Surge: Can Bulls Fuel the Rally?

XRP Price Could Soon Surge: Can Bulls Fuel the Rally?

XRP price is attempting an upside break above $0.600. The price is showing positive signs, but a weekly close above $0.600 is needed for a fresh surge. XRP price started another increase toward the $0.6050 zone. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5950 and $0.600 resistance levels. XRP Price Could Gain Bullish Momentum XRP price remained....


Related News

Analyst: Bitcoin Could Cross $100,000 in a “Matter of Weeks” as Bulls Take Co...

Bulls have taken full control of Bitcoin’s price action, sending the cryptocurrency rocketing up to $40,000 this morning before it faced some resistance It has since retraced slightly but is still looking strong and could be positioned to rally higher in the near-term Each retrace seems to be providing it with fuel for further momentum, which is a sign that bulls are in full control of the mid-term trend Where the market heads next will […]

Bitcoin’s Retrace Could Inject Fuel into the Altcoin Market, Igniting a Rally

Bitcoin is currently in the process of retracing following a rejection at highs of $14,100 that were set this past week. Although bulls had found stability around $13,800 following the rally to these highs, they have not been able to guard against massive inflows of selling pressure that has come about throughout the past few […]

TA: Ethereum Bulls Aim Big After Recent Surge Above $400: Rally Isn’t Over Yet

Ethereum surged over 10% and it settled nicely above the $400 resistance against the US Dollar. ETH price is consolidating gains and it seems like it could rally further above $420. Ethereum gained bullish momentum above the $400 and $410 resistance levels. The price traded to a new monthly high at $422 and settled above […]

Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative L...

Derivatives' role in bitcoin's rally is "muted" this time, said one trader.

This Could Fuel An Ethereum Rally Back To $1,700, Shorts Beware

Ethereum has almost made back the gains from previous weeks with yesterday’s upside move and could be gearing up for another push above resistance. The second cryptocurrency by market cap is following the general sentiment in the market and seeing some relief after the influence of macro forces lessened, for the time being. Related Reading: Uniswap Soars 14% In Last 24 Hours – Can UNI Slingshot Past $6? At the time of writing, Ethereum (ETH) trades at $1,330 with a 9% profit in the last 24 hours and a 2% loss over the past week. In the crypto top 10, ETH is one of the best-performing....