Dark

Impact

Status

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-price-continues-to-climb-as-analysts-predict-targets/" data-wpel-link="internal">XRP Price Continues to Climb as Analysts Predict Targets</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/ripples-wallet-growth-hits-all-time-high-despite-market-downtrend/" data-wpel-link="internal">XRP</a>‘s price is maintaining its upward trend on February 28, and the analyst known as Dark Defender, who has been making notable XRP commentary recently, has stirred excitement in the crypto world by stating that <a href="https://en.coin-turk.com/ripples-xrp-analyzing-the-impact-of-token-supply-and-sales-on-market-dynamics/" data-wpel-link="internal">Ripple</a>‘s native token is approaching its third wave targets. According to a share made by the analyst on X, XRP is potentially moving towards price levels of $0.6462, $0.7707, and $0.9191.</p> 
<h2 style="text-align: justify" id="latest-status-in-the-xrp-case">Latest Status in the XRP Case</h2> 
<p style="text-align: justify">According to data provided by CoinMarketCap, XRP’s price experienced a significant increase today. This situation contributed to the optimistic outlook of crypto market traders and investors.</p> 
<p style="text-align: justify">On the other hand, the <a href="https://en.coin-turk.com/spotlight-on-bitcoin-turkish-investors-continued-interest-amidst-global-etf-buzz/" data-wpel-link="internal">SEC</a>‘s objection to Judge Torres regarding the timeline for the resolution process has sparked rumors about Ripple’s legal disputes with the SEC and the potential impact on XRP’s price movement.</p> 
<h2 style="text-align: justify" id="impact-of-the-sec-s-objection-on-xrp">Impact of the SEC’s Objection on XRP</h2> 
<p style="text-align: justify">While rumors about the settlement continue to occupy the market, the SEC’s application for an extension of time increasingly strengthens the sentiment that significant announcements could be forthcoming. Consequently, the uncertainty surrounding the SEC’s case has led to a significant price movement in XRP.</p> 
<p style="text-align: justify">According to a share made by the analyst in recent days, as mentioned above, XRP once again fell to its support level, igniting the fuse for the formation of the third wave. Following this event, the price level rose to the resistance indicated in orange (below).</p> 
<p style="text-align: justify">This price increase paves the way for the third wave target level to be $0.6462 on March 1 and $0.7707-$0.9191 between March 10-13.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-320746" src="https://coin-turk.com/wp-content/uploads/2024/02/dark-defender-coin-turk-com.png" alt="" width="493" height="712"></p> 
<p style="text-align: justify">In response to the analyst’s share, some users emphasized the weakness of XRP’s rises compared to its price corrections, creating buzz within the community.</p> 
<p style="text-align: justify">The analyst responded to this comment as follows:</p> 
<blockquote> 
 <p>XRP experienced an astonishing jump of 140,999% in 2017. This extraordinary rise must have a massive correction over 6 years.</p> 
</blockquote> 
<h2 style="text-align: justify" id="what-is-the-current-price-of-xrp">What is the Current Price of XRP?</h2> 
<p style="text-align: justify">As of the time of writing, XRP’s price has seen a clear increase of 5% in the last 24 hours, finding buyers at the $0.5800 level. The token’s market value rose by 4% to $32 billion, while the 24-hour trading volume increased by 60.52% to $2.6 billion.</p> 
<p style="text-align: justify">On the other hand, derivative data provided by Coinglass reflected a trend mirroring XRP’s price increase. Open interest rates saw a rise of 7.76%, while volume indicated a significant increase of 69.65%.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/xrp-price-continues-to-climb-as-analysts-predict-targets/" data-wpel-link="internal">XRP Price Continues to Climb as Analysts Predict Targets</a></h5>

XRP Price Continues to Climb as Analysts Predict Targets

目次

COINTURK NEWS

2024年2月28日公開の他の記事

Bitcoin ETFs Record High Trading Volumes Over $2 Billion

Strike Introduces Bitcoin Payment Services in Seven African Countries

Bitcoin Prepares to Surpass Record Highs as Halving Excitement Builds

Binance rolls out VIP program for traditional asset traders

Validation Cloud raises $5.8M to power enterprise adoption of Web3

Bitcoin and Ethereum Eye Pre-Halving Highs; 3 Altcoins Target $1000

ニュースレターを購読して暗号資産の最新情報を毎日入手！