XRP NVT Ratio Spike Indicates Major Price Move Coming
5 Articles
5 Articles
XRP Eyes $3.61? Five Powerful Indicators Signal Imminent Breakout
Key Takeaways: XRP trades in a tight zone surrounded by converging technical indicators, including the Ichimoku Cloud, Fibonacci levels, EMAs, and a cup pattern. The current price at $2.16 remains just below strong resistance levels and just above critical support at $2.07. Market watcher Dark Defender expects targets at $2.22 and $3.61, with a 67% surge needed to hit the upper level. XRP is entering a pivotal moment as several technical struct…
Can XRP Price Hit $3.61 as RLUSD Minting and Tight RSI Signal a Breakout?
Key Insights: XRP price traded below $2.25 with RSI squeeze suggesting a major breakout is near. Ripple minted 10M RLUSD as stablecoin laws gain traction in U.S. Senate. Over 78% of XRP holders are now in profit, signaling growing investor trust. XRP price is showing early signs of upward movement, with analysts watching for a breakout above $2.25. Technical indicators suggest the token is approaching a decision point, while Ripple’s RLUSD mint…
XRP Price Poised for a Major Breakout as Symmetrical Triangle Narrows
XRP is edging toward a decisive move, compressing inside a symmetrical triangle that has taken shape on the daily chart since early June. The coin trades near $2.17, just above the 200-day moving average (around $2.09), a key support that currently underpins bullish sentiment. Shrinking trading volume underscores the classic volatility squeeze, a hallmark of triangles before a breakout or breakdown. Technically, symmetrical triangles act as laun…
XRP Ledger Hits Record Daily Transaction Volume, Fuels Price Optimism
The XRP Ledger has reached a new milestone, recording its highest-ever daily transaction volume. On June 19, the network processed more than 1.2 million transactions in just one day. This unprecedented surge in activity signals a crucial on-chain development that may trigger a long-awaited price breakout for XRP. XRP’s price chart shows signs of cautious optimism. For several weeks, the asset has traded within a symmetrical triangle a pattern th…
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