bullish

2024

Coin

<ul class="wp-block-list news-points"> 
 <li>XRP’s price breaks out, forming a bullish pattern, sparking optimism.</li> 
 <li>Technical indicators show mixed signals, with neutral RSI and potential bearish MACD.</li> 
 <li>Crypto Barbie predicts a massive 30,000% XRP price surge, though this is a very optimistic forecast.</li> 
</ul> 
Ripple’s XRP has shown signs of a bullish breakout, with the price currently at <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="nofollow">$0.6075</a>. This positive momentum has been highlighted by Crypto Yapper, who points to a bullish formation in the cryptocurrency’s chart. 
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 <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$XRP</a> Breaking Bullish ! In my video of today I discussed this fomation for <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> The price was getting squeezed into an apex which broke out<a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ripple</a> is looking strong lately ! <a href="https://t.co/BiXPDx8Gmj" target="_blank" rel="nofollow">pic.twitter.com/BiXPDx8Gmj</a>— Crypto Yapper (@CryptoYapper) <a href="https://twitter.com/CryptoYapper/status/1825493663159333164?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 19, 2024</a>
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XRP’s 24-hour trading volume is approximately $1.65 billion, and the price has risen by 7.1% in the last day. The cryptocurrency’s market cap currently stands at $34 billion. 
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 <img decoding="async" width="512" height="297" src="https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg.png" alt="" class="wp-image-469195" srcset="https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg.png 512w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-300x174.png 300w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-380x220.png 380w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-153x89.png 153w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-426x247.png 426w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-414x240.png 414w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-284x165.png 284w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-364x211.png 364w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-130x75.png 130w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-121x70.png 121w, https://coinedition.com/wp-content/uploads/2024/08/1fgdfhg-129x75.png 129w" sizes="(max-width: 512px) 100vw, 512px">
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 Source: <a href="https://www.tradingview.com/x/L7kokSRy/" target="_blank">TradingView</a>
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While positive sentiment surrounds XRP, technical indicators show a mixed picture. The daily chart shows an RSI of 52.71, indicating neutral momentum. The MACD line is below the signal line, hinting at potential bearish sentiment. This suggests XRP mi…
The post <a href="https://coinedition.com/xrp-price-on-the-rise-whats-driving-the-momentum/">XRP Price on the Rise: What’s Driving the Momentum?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Price on the Rise: What’s Driving the Momentum?

Coin Edition

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