<ul class="news-points"> 
 <li>Despite FUD surrounding XRP, the asset is gearing up for a bullish run.</li> 
 <li>An analyst stressed XRP’s need to reclaim $0.6649 to pave the way for a potential rally towards $2.</li> 
 <li>XRP is trading at $0.5591, reflecting barely a 1% gain over the last 24 hours.</li> 
</ul> 
A notable crypto analyst on X has outlined a crucial condition that could lead <a href="https://coinedition.com/xrps-price-flashes-sell-signal-is-0-48-a-likely-target/">XRP</a> to reclaim a peak value beyond the $1 threshold amid the growing bull market. In a recent post, X-based market watcher ‘Dark Defender’ called attention to ongoing debates concerning XRP and their impact on the asset’s market value. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Great discussions on ODL or programmatic sales of <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> are ongoing and created significant FUD where I had no impact. Meanwhile, XRP preparing for the surge. Just see the $0.6649 level &amp; how quickly it escalated towards an all-time high and the $2 level previously. All will… <a href="https://t.co/IFnSYc6HFG" target="_blank" rel="nofollow">pic.twitter.com/IFnSYc6HFG</a>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1759170553821135059?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 18, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Dark Defender pointed out that there have been heated <a href="https://x.com/JoelKatz/status/1758539685209784477?s=20" target="_blank" rel="nofollow">debates</a> surrounding Ripple’s XRP distribution, particularly concerning On-Demand Liquidity and programmatic sales, or sales through public exchanges.&nbsp; 
The analyst asserted that the discussions h…
The post <a href="https://coinedition.com/analyst-says-xrp-must-reclaim-this-short-term-target-before-breaking-an-all-time-high/">Analyst Says XRP Must Reclaim This Short-term Target Before Breaking an All-Time High</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Analyst Says XRP Must Reclaim This Short-term Target Before Breaking an All-Time High

Coin Edition

Other articles published on Feb 20, 2024

Bitcoin's Next Price Surge: Have Investors Missed the Boat?

Altcoins’ Open Interest Surges Amid Bitcoin Futures Hit $23 Billion

Investor Sentiment Recovers for Bitcoin Products as GBTC Sees Lower Outflows

Nvidia Unveils Eos – The Next Leap in Supercomputing Dominance

Ripple CEO Advocates for Better Political Understanding of Crypto

Crypto investment products reach the highest AUM

Join our free newsletter for daily crypto updates!