2024

Coin

<ul class="news-points">
 <li><strong>XRP price surges past $0.65 resistance, fueled by whale accumulation.</strong></li>
 <li><strong>Analysts predict further gains if trading volume increases. </strong></li>
 <li><strong>XRP faces key resistance level at $0.7542, hindering further price movement.</strong></li>
</ul>
<p>XRP experienced an over 10% price surge today, re-entering the $0.65 threshold after four months, stirring wild optimism regarding its price trajectory. However, some market analysts advise against overly ambitious predictions of $100 or $1,000, as the asset still faces resistance levels that must be overcome.</p>
<p>Macro trader Allin, known as “Crypto Addict,” recently highlighted the immediate challenges XRP must face before aiming for higher targets. According to the analyst, the $0.7542 level has consistently acted as strong resistance within a wedge pattern over the years.</p>
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   <p lang="en" dir="ltr">First remove all the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> $100 – $1K bros. We have some actual obstacles to overcome here. <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> $0.7542 ish has been a big resistance level many times inside the wedge over the years. RSI is 66 and a push up to 78 or so gets us there. We need volume to come in at that moment to… <a href="https://t.co/dGNIPqpqux" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dGNIPqpqux</a></p>— Crypto Addict (@xAllinCrypto) <a href="https://twitter.com/xAllinCrypto/status/1818357732023714077?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 30, 2024</a>
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<p>The analyst noted that…</p>
<p>The post <a href="https://coinedition.com/dont-bet-on-xrp-reaching-1000-before-this-key-hurdle-analyst-warns/" rel="noopener noreferrer nofollow">Don’t Bet on XRP Reaching $1,000 Before This Key Hurdle: Analyst Warns</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Don’t Bet on XRP Reaching $1,000 Before This Key Hurdle: Analyst Warns

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