New Setup Could Trigger Major Rally

New Setup Could Trigger Major Rally

The post New Setup Could Trigger Major Rally appeared on BitcoinEthereumNews.com. Altcoin Analysis XRP is attracting fresh attention as a potential breakout looms. Despite a slight pullback over the past week, the token is currently trading at $3.09, with a 24-hour drop of 1.36% and weekly losses nearing 5%. Yet, technical analysts suggest a bullish pattern may be taking shape. Prominent crypto analyst Ali believes XRP could be forming a classic…

XRP News Today: New Setup Could Trigger Major Rally

Despite a slight pullback over the past week, the token is currently trading at $3.09, with a 24-hour drop of 1.36% and weekly losses nearing 5%. Yet, technical analysts suggest a bullish pattern may be taking shape. Prominent crypto analyst Ali believes XRP could be forming a classic double bottom — a reversal setup that typically signals the end of a downtrend. In his latest chart analysis, Ali points to the $3.30 resistance level as a critica…

Will XRP Break History Tonight? $3.03 Close Could Signal New Rally

XRP is aiming for its first-ever monthly close above $3.03. Price is holding steady above strong support levels near $3.07. Technical indicators show XRP is consolidating with a neutral outlook. XRP could be about to hit a major milestone. With just hours left before the end of July, the token is trading at $3.13, putting it in position to close the month above the long-standing resistance of $3.03. Market watcher EGRAG CRYPTO pointed out that t…

XRP Price Consolidation Deepens – Resistance Still Capping Upside

XRP price started a downside correction below the $3.120 zone. The price is now attempting a recovery and might aim for a move above the $3.1650 level. XRP price is attempting to start a fresh increase from the $3.00 zone. The price is now trading below $3.180 and the 100-hourly Simple Moving Averag...

XRP Faces Prolonged Stalemate: 3,000-Day Resistance Caps Price as Support Zones Hold Firm

XRP/BTC is still trading beneath a bearish trendline that has been trading since the start of 2018. XRP/USD is range-bound at the price level of 3.10-3.26 and indicates indecision and has low volatility. Horizontal support remains powerful in XRP/BTC preventing sharper declines at resistance even though it has been rejected multiple times XRP is still trading slightly below a long-term resistance trend line in its Bitcoin (BTC) trading pair. Acc…