This Simple Bullish Pattern Suggest Ripple (XRP) Could Surge Above $0.25

Ripple is up over 2% and it is showing positive signs above the $0.2400 resistance zone against the US Dollar. XRP price is likely to accelerate gains if it clears the $0.2500 resistance. Ripple price started consolidating gains after it rallied towards the $0.2500 level against the US dollar. The price is currently trading nicely above the $0.2400 and $0.2380 support levels. There is a key rising channel forming with support near $0.2410 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair remains well supported…

XRP Is Up 30% and Has 30 New Whales

The number of accounts holding more than one million XRP has increased by 3.7% with 30 new whales appearing over the last two weeks, according to Santiment’s holder distribution chart.  These investors now hold between $240,000 and $2.4 million in XRP each, which has contributed to upwards pressure on price. After a fairly uninspiring few months, XRP has seen a price rise of over 30% from $0.19 to $0.25 in a fortnight. At least 30 big investors with deep pockets believe the price rise is set to continue. XRP Holder…

This Fractal Suggests XRP is on the Cusp of Seeing a Parabolic Rally

XRP was able to incur some decent momentum earlier this week that sent it into the mid-$0.25 region. Despite climbing from its recent sub-$0.20 lows, the cryptocurrency’s uptrend is still underwhelming compared to those seen by Bitcoin, Ethereum, and many of its other peers. The lack of enthusiasm surrounding the embattled token is quite significant at the moment, and it is now struggling to surmount the heavy resistance it faces at $0.25. Bulls did try to shatter this level yesterday, but their attempt failed and resulted in a somewhat firm…

Ripple (XRP) Consolidating Gains: Here’s What Could Trigger Another Rally

Ripple extended its upward move towards the $0.2500 resistance against the US Dollar. XRP price is currently consolidating gains above $0.2400 and it might start another increase. Ripple gained bullish momentum above the $0.2400 and $0.2420 resistance levels against the US dollar. The price traded to a new monthly high at $0.2500 and settled well above the 100 hourly SMA. There is a key connecting bullish trend line forming with support near $0.2380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is consolidating gains…

History Suggests XRP Could Soon Rally Over 30%, But Macro Weakness Remains

XRP has incurred some notable momentum throughout the past 24 hours, but it has been struggling to surmount the crucial resistance that sits between $0.24 and $0.25. The cryptocurrency’s upswing seen today came about as a result of a bull pennant break. Still, the slowing momentum seen following this positive technical development does seem to spell some trouble for where it trends next. Analysts are now widely noting that the cryptocurrency does appear to be at a make or break level. One important factor to consider is that it was…

Crypto Analyst Pitches a Case For XRP to Hit $30 By End of 2021

XRP is a polarizing cryptocurrency asset, perhaps the most across the industry. It has some of the most die-hard believers, while others despise its very existence in the top ten assets by market cap. Whatever the stance, a target of $30 per XRP is likely shocking. However, that’s exactly the surprisingly convincing pitch from one crypto analyst that expects that target to be met by the end of 2021. Another Ridiculous Ripple Target, Or Is $30 XRP Reasonable? A few weeks ago, Ripple’s performance was so poor, crypto analysts had…

Ripple (XRP) Just Broke $0.24 And Indicators Suggest A Test of $0.25

Ripple traded to a new monthly high above $0.2400 against the US Dollar. XRP price is currently up over 8% and it is likely to continue higher towards $0.2500. Ripple started a strong increase above the $0.2250 and $0.2320 resistance levels against the US dollar. The price traded to a new monthly high at $0.2411 and settled well above the 100 hourly SMA. There is a crucial bullish trend line forming with support near $0.2260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could…

Analysts Now Expect XRP to See a “Moonshot” Rally After Breaking Crucial Level

XRP’s price has seen some slight gains in recent times but is still lagging behind many of its peers. While Bitcoin, Ethereum, and many altcoins all post intense upswings that have led them into full-fledged bull market territory, XRP remains stuck within the lower-$0.20 region. Its struggling price mainly comes due to a lack of interest from traders and investors, with its market cap remaining stagnant in recent times – suggesting that while its previous holders are maintaining their positions, there’s a lack of fresh capital inflows. This trend may…