XRP Must Push Past $3.40 To Confirm Uptrend – Analyst

XRP Must Push Past $3.40 To Confirm Uptrend – Analyst

The XRP market experienced a major rally in the last day following the SEC’s acknowledgment of Grayscale’s XRP ETF filling. According to data from CoinMarketCap, the prominent altcoin rose by 11% reaching a local peak of $2.81 before experiencing a significant retracement to $2.39. With XRP on the rise again, investors must note the asset must scale certain price barriers to validate its current bullish momentum. Related Reading: Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound? XRP Must Move Past $3.40 To Retain Market Interest Popular market analyst....


Related News

Solana Faces Key Test – What Happens Next Could Be Game-Changing

Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably, this uptrend channel has been highlighted by the formation of higher lows and higher highs as Solana continued to push to new all-time highs. Now, Martinez noted that holding above a key support level could reinforce the altcoin’s uptrend towards the....

Analyst: Bitcoin Parabolic Trend Is “Close To A Breakdown”

Bitcoin price has been in a strong uptrend since Black Thursday that turned fully parabolic in Q4, resulting in a new all-time high. But according to an analyst, the first-ever cryptocurrency is close to a breakdown of a parabolic curve that’s been supporting the upwards momentum for months. Is this the end of the uptrend? […]

Here’s Why Ethereum Has the “Best TA Structure” in the Crypto Market

Ethereum is currently in the process of breaking back above its crucial $380 resistance level This level has significant historical importance, as breaks above and below it have marked turning points for the cryptocurrency’s previous trends Whether or not the crypto can push higher in the near-term may depend somewhat on Bitcoin The benchmark crypto has been seeing a slight uptrend over the past day, but it remains below its $11,600 resistance One analyst is […]

Crypto Analyst: It’s Crunch Time For Ongoing Bitcoin Parabola

Bitcoin price has now had one of its largest pullbacks dollar for dollar in history, putting the entire parabolic uptrend in jeopardy, according to one crypto analyst who has warned the top could be near. The analyst, who has been accurate in the past, claims that it is now “crunch time” for the parabola to […]

Social Volume Surrounding Bitcoin Suggests Its Uptrend is About to Slow

Bitcoin’s intense multi-day uptrend is slowing as the cryptocurrency reaches $13,000. A confluence of positive news regarding BTC’s adoption amongst corporations helped drive this recent push higher, but it remains unclear how long this uptrend will last. Bears have been ardently trying to stop the cryptocurrency from breaking above $13,000. Each time it reaches this […]