XRP Open Interest Reset Could Put Bulls Back In Control As Price Targets $3
The last two months have seen a major reset in the XRP open interest, coinciding with the widespread sell-offs that have rocked the market. Looking at past performances, historical data suggests that this open interest reset could be a major break for the altcoin. As prices begin to see some recovery, the reset could present…
XRP Flashes 3-Drive Reversal As Bulls Eye Explosive Break Above $2.50
XRP is testing a key inflection zone above $2.00 as two independent frameworks from crypto analysts Dom (@traderview2) and Osemka (@Osemka8) converge on a potential reversal – with clearly defined levels at roughly $2.00, $2.22 and $2.50 marking the battlefield. XRP Price Consolidation Nears Its End On the higher-timeframe 2-day chart, Osemka frames the structure…
XRP Price Nears Breakout Zone, Suggesting a Potential Rally May Be Brewing
XRP price started a recovery wave above $2.150. The price is now showing positive signs and might surge if it clears the $2.250 pivot level. XRP price started a recovery wave above the $2.120 zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming…
Next Key XRP Level Could Be $1.2 If Current Support Fails, Says Analyst
A cryptocurrency analyst has pointed out how the next XRP support may be $1.2 if the lower level of the asset’s Parallel Channel breaks down. XRP Is Currently Above A Parallel Channel’s Support Level In a new Parallel Channel, a type of consolidation channel in technical analysis (TA). A Parallel Channel appears whenever an asset’s…
XRP Price Rebounds From Lows as Bulls Push Recovery Toward Key Levels
XRP price started a recovery wave from $1.9840. The price is now rising above $2.120 and might face hurdles near the $2.250 pivot level. XRP price started a recovery wave from the $1.9840 zone. The price is now trading above $2.120 and the 100-hourly Simple Moving Average. There was a break above a key bearish…
XRP Is About To Hit A Major Turning Point This Week, Analyst Says
According to market observers, this week could mark a turning point for XRP as five spot ETFs trade at the same time for the first full week. 21Shares’ XRP fund (TOXR) launched today, joining Bitwise, Grayscale, Franklin Templeton and Canary Capital. Reports have disclosed that ETF inflows have already topped Over $660 million in less…
XRP Price Hovers at Key Support, Fueling Debate Over Incoming Breakout
XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.120…
XRP Price At A Critical Turning Point: Analyst Maps Out Simple Rules For Breakout
The monthly XRP chart has entered one of its most decisive phases in years, and one of the asset’s most vocal analysts is laying out a blunt roadmap. Egrag Crypto, known for his long-standing bullish stance on XRP, released a new technical update that breaks down the future outlook for the cryptocurrency into three straightforward…
XRP Price Dips Under Crucial Support, Putting Spotlight on Lower Price Targets
XRP price started a fresh decline below $2.150. The price is now struggling and faces resistance near the $2.10 pivot level. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with…
Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats
Crypto analyst ChartNerd has predicted that the XRP price could rally 10x if a specific trend repeats. The analyst also revealed what needs to happen for the altcoin to invalidate this potential parabolic rally. XRP Price Could Rally 10x If This 2017 Pattern Plays Out In an X post, ChartNerd predicted that the XRP price…