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<p><span style="font-weight: 400;">The XRP price rose 1% in the past 24 hours </span><a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.5295</span></a><span style="font-weight: 400;"> as of 00:37 a.m. EST on trading volume that surged 29% to $1 billion.</span></p>
<p><span style="font-weight: 400;">The XRP price increase comes as Jack Straw, a top influencer on X (formerly Twitter), says that the incoming XRP ledger automated market maker (AMM) will bring staking to Ripple. With the new XRP AMM, users will be able to donate liquidity to the AMMs, creating a staking pool for XRP holders.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">XRP Ledger – <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Staking coming</p>
 <p>XLS 30D <a href="https://t.co/lUuJlMS3TH" rel="noopener noreferrer nofollow">pic.twitter.com/lUuJlMS3TH</a></p>
 <p>— Jack Straw (@JackStr42679640) <a href="https://twitter.com/JackStr42679640/status/1747202508295110743?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 16, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">As a result, individuals will receive a proportionate amount of earnings while sharing the accompanying exchange risk. </span><span style="font-weight: 400;">Will this be a positive for the XRP price?</span></p>
<h2 id="span-style-font-weight-400-xrp-price-trends-on-a-bullish-ascending-triangle-pattern-span"><span style="font-weight: 400;">XRP Price Trends On A Bullish Ascending Triangle Pattern</span></h2>
<figure id="attachment_480253" aria-describedby="caption-attachment-480253" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-480253" src="https://insidebitcoins.com/wp-content/uploads/2024/02/XRPUSDT_2024-02-13_08-37-36-1.png" alt="Ripple Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/XRPUSDT_2024-02-13_08-37-36-1.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/XRPUSDT_2024-02-13_08-37-36-1-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/XRPUSDT_2024-02-13_08-37-36-1-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/XRPUSDT_2024-02-13_08-37-36-1-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-480253" class="wp-caption-text">
  XRPUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The XRP price has been in a consolidation phase this month after facing a downtrend from the resistance level at $0.54. The slight price downtrend saw the price use the $0.50 mark as the support zone.</span></p>
<p><span style="font-weight: 400;">Additionally, the XRP price is trading above the 50-day Simple Moving Average (SMA), supporting the current bullish momentum. If the bullish momentum is sustained, the price will be able to overcome the 200-day SMA hurdle, which coincides with the nearest resistance at $0.5358.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) indicates a rebound from the oversold regions to trade above the 50-midline level at 57. If the current bullish momentum is sustained, the RSI could rally to the 70-overbought region.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-480254" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_5.png" alt="Ripple Price MACD AND ADX" width="1263" height="313" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_5.png 1263w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_5-300x74.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_5-1024x254.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_5-768x190.png 768w" sizes="(max-width: 1263px) 100vw, 1263px"></p>
<p><span style="font-weight: 400;">Moreover, the Moving Average Convergence Divergence (MACD) line (blue) seems to be rebounding to trade within the same level as the signal line (orange), which further supports a likely breakout to the upside. The red bars further support this, as they are reducing, heading for the upside.</span></p>
<p><span style="font-weight: 400;">Furthermore, the Average Directional Index (ADX) is trading above the 25 level at 30, which shows that the current trend is very strong.</span></p>
<h2 id="span-style-font-weight-400-xrp-price-prediction-span"><span style="font-weight: 400;">XRP Price Prediction</span></h2>
<p><span style="font-weight: 400;">The XRP price indicates a likely reversal to the bullish side, as it trades within the upper boundary of the ascending triangle pattern. With this, the bulls may drive the price higher, targeting $0.56.</span></p>
<p><span style="font-weight: 400;">In a reverse scenario, the bears could exert some pressure, driving the price down to the critical support zone at $0.51.</span></p>
<p><span style="font-weight: 400;">As the XRP price bulls look for some clarity, meme coins in the Solana ecosystem have been creating some investor excitement. SMOG stands out, with investors talking about its potential as the next BONK, HONK, MYRO or WIF, particularly as they await the release of its highly anticipated supercharged airdrop.</span></p>
<h2 id="span-style-font-weight-400-solana-meme-coin-smog-sparks-investor-excitement-with-huge-airdrop-plan-span"><span style="font-weight: 400;">Solana Meme Coin SMOG Sparks Investor Excitement With Huge Airdrop Plan</span></h2>
<p><span style="font-weight: 400;">Solana meme coin </span><a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">SMOG</span></a><span style="font-weight: 400;">&nbsp;has rapidly risen among the ranks of the top-performing altcoins in the Solana ecosystem. It aims at emulating the past successes of other Solana-based meme coins like MYRO and BONK.</span></p>
<p><span style="font-weight: 400;">Currently trending among the most popular coins, analysts believe that SMOG has the potential to surpass the other Solana meme coin stars.&nbsp;</span></p>
<p><span style="font-weight: 400;">Markets are currently surging, attributed in part to Bitcoin blasting through $50k and partly because of the Chinese Lunar New Year of the Dragon celebrations. The two-week festival has been known to attract investors that aim to leverage the lucky inferences of the season.</span></p>
<p><span style="font-weight: 400;">SMOG is well positioned to take advantage of these festive celebrations happening globally, as the token has a dragon theme. </span></p>
<h2 id="span-style-font-weight-400-buy-smog-receive-the-biggest-airdrop-ever-span"><span style="font-weight: 400;">Buy $SMOG, Receive The Biggest Airdrop Ever</span></h2>
<p><span style="font-weight: 400;">The SMOG team has allocated a whopping 35% of its 1.4 billion token supply for the supercharged airdrop. The other supply goes to marketing (50%), future exchange listings (10%), and liquidity (5%).</span></p>
<p><span style="font-weight: 400;">Jupiter airdropped a monumental $700 million to investors, resulting in substantial returns. The $SMOG token pledges an even larger and more enticing airdrop opportunity you don’t want to miss out on.</span></p>
<p><span style="font-weight: 400;">To join the airdrop, all you have to do is </span><span style="font-weight: 400;">buy and hold $SMOG</span><span style="font-weight: 400;">. You can also be eligible for the airdrop by following SMOG’s social media pages and performing easy daily tasks. The enticing airdrop campaign has already attracted a huge number of followers, significantly boosting the token’s popularity.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-480249" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_127.png" alt="SMOG AIRDROP" width="606" height="799" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_127.png 606w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_127-228x300.png 228w" sizes="(max-width: 606px) 100vw, 606px"></p>
<p><span style="font-weight: 400;">Jacob Bury, a YouTube crypto analyst, says SMOG is a project that has the potential to yield a 1000X return on investment after launch.</span></p>
<p><iframe title="BEST MEMECOINS TO BUY NOW!!??! (1000X Potential Cryptos!!??)" width="640" height="360" src="https://www.youtube.com/embed/Rcret55qXC0?start=8&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">You can buy the SMOG token on its </span><a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">official website</span></a><span style="font-weight: 400;"> to be eligible for the historic airdrop soon. You can also buy directly on JUP DEX.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
<ul>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/top-meme-coins-to-buy-for-the-upcoming-2024-bull-run-spongev2-smog-mk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Top Meme Coins to Buy For The Upcoming 2024 Bull Run – $SPONGEV2, $SMOG, $MK</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🤖 Best AI Crypto Coin Projects: Top Picks for 2023 🤑💰</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-metaverse-crypto-projects-top-picks-nft-virtual-world-calsona-r6the/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🌐 Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts 🎮💰</span></a></li>
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XRP Price Prediction: Top Influencer Says XRP AMM Will Bring Staking To Ripple, But Investors Turn To Solana Meme Coin Smog And Its Huge Air...

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