XRP Price Forms Bullish Pennant After 51% Rally, Is $2 Next?

XRP price forms bullish pennant after 51% rally, is $2 next?

XRP price consolidated near $1.48 on Aug. 25 after gaining about 51.5% in seven days, with its 4-hour chart forming a potential bullish pennant that could support another advance if buyers clear resistance near $1.56. XRP price consolidates after 51%…

Is XRP’s Recent Rally a Bull Trap? Reddit Users Raise Concerns

XRP hit about $0.99 on August 17, then surged roughly 50% to around $1.50 by August 23. A lot of Reddit users called the rally a bull trap, citing unchanged macro conditions. Spot XRP ETFs saw roughly $39.78 million in inflows last week, $1.55 billion overall. XRP has made a surprisingly fast comeback after slipping under $1 earlier in August. It hit about $0.99 on August 17, then surged roughly 50% to around $1.50 by August 23, pushing its mark…

XRP surges 47% in a week, tests $1.50 resistance after V

🚀 XRP jumps 47% in one week, testing the tough $1.50 resistance level. 📈 After a rapid $1.00 recovery, buyers target $1.80 if $1.50 can be cleared. 📊 Analysts note 4 failed breakouts at this ceiling in 2024 as volume spikes again. 🔥 The $XRP comeback follows a sharp d...

XRP (XRP) Price: Holds Near $1.49 as Traders Await Resistance Break

TLDR XRP is trading around $1.49, up 2.15% over the past 24 hours. Spot XRP ETFs saw $13.24 million in net inflows on August 21, the third straight day of gains. Total XRP ETF holdings are close to $1.2 billion. Analysts say XRP remains in a consolidation range and needs a clear break above resistance to move higher. Some traders point to the $6 to $7 zone as a longer term target based on past cycles. XRP is trading at $1.49 as of August 23, 20…