<ul><li>XRP gains over 10% in 24 hours, hitting $0.4965, supported by bullish momentum and strong buyer interest.</li><li>Ripple&#39;s XRP forms a falling wedge pattern, suggesting a higher potential breakout to $0.6-$0.8, analyst predicts.</li><li>With a 17.98% rise over the past 7 days, XRP outperforms the global crypto market and FTX Holdings.</li></ul>The price of XRP has experienced a significant surge, rising by over 10% in the past 24 hours. This increase is reflected in the one-hour interval price <a href="https://x.com/AbsGMCrypto/status/1811981786030747724" rel="noopener noreferrer nofollow">chart</a> by Good Morning Crypto, indicating a strong bullish trend. The price of XRP as per the analyst’s chart is $0.4965, with a substantial rise from previous levels.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcooEHUWtQ7nYJ1VYbRpWh9Y15_4nYkccBU6wvtScImGphtvGDMgG6o2vjeuiii-ImMT5Mic0Cw6aof3LY9TuM9NUudyPoIW8LucD5fR0YjsPVXz8nky2mIJ0NTuvAliJtXkzpLhmX0QomBgJ41CMMFARE?key&#61;98i9OsfPa0yzp9K77vv-7w" /><a href="https://cryptotale.org/xrp-shows-signs-of-bullish-breakout-amidst-forming-falling-wedge/" rel="noopener noreferrer nofollow">XRP</a>’s price has been on an upward trajectory, evidenced by a series of green candlesticks on the chart. This pattern signifies bullish momentum. Notably, the price remains above three key moving averages (MAs): the 7-period MA at $0.4827, the 50-period MA at $0.4585, and the 100-period MA at $0.4472. The position of the price above these MAs highlights strong bullish momentum and potential support levels at these averages. Additionally, increasing volume at the bottom of the chart correlates with the price rise, suggesting robust buyer interest.<a href="https://cryptotale.org/ripples-xrp-rises-10-in-a-day-as-market-sentiment-turns-positive/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ripple's XRP Rises 10% in a Day as Market Sentiment Turns Positive

CryptoTale

Alte articole publicate pe 15 iul. 2024

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