Stablecoin

Coin

<ul class="news-points">
 <li>XRP has once again surged above the $0.6 price level.&nbsp;</li>
 <li>The altcoin is up almost 28.5% in the past 30 days.&nbsp;</li>
 <li>The upcoming RLUSD and possibilities of an XRP ETF can push XRP to $1.</li>
</ul>
XRP, the seventh-largest cryptocurrency by market capitalization, has rebounded to the $0.60 price level after dipping as low as $0.58 in the past 24 hours. Analysts suggest that if the altcoin can maintain this level, investors could witness a bullish move towards higher prices in the near future.
As of this writing, CoinMarketCap <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">data</a> shows XRP trading at $0.6081, up around 1% in the past 24 hours. However, the trading volume of the digital asset has decreased 6.45%, currently standing at $2 billion with a market cap of $34 billion. Notably, XRP has shown substantial gains recently, up 9.15% in the past week and 28.49% in the past 30 days.
According to the daily chart from TradingView, the altcoin experienced a significant surge with six consecutive bullish daily candles followed by three consecutive green candles. The bulls remain in control of the XRP price action.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXff4XaXiEdt73Swi7Q6C42gTu0iWgUowk3T-11UxCdnhYIllhNrkWBxA6aYa4R3Jt83B0d2cRr2UFQoHFA53TxRQG8UVyt_KOEzWcAV3BdB0vz7b4Y6v8Da9w9szSOP-GKjk6tk8ltW9uYrpOjTjFdsO0nK?key=Eg70ooONRXgWSPo0VQ79Ow" alt="">
</figure>
The Relative Strength Index (RSI) is valued…
The post <a href="https://coinedition.com/ripples-xrp-surges-past-0-60-fueled-by-settlement-rumors-and-stablecoin-launch/" rel="noopener noreferrer nofollow">Ripple’s XRP Surges Past $0.60, Fueled by Settlement Rumors and Stablecoin Launch</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple’s XRP Surges Past $0.60, Fueled by Settlement Rumors and Stablecoin Launch

Coin Edition

Alte articole publicate pe 26 iul. 2024

OpenAI Develops New AI-Powered Search Engine

Auradine Unveils Teraflux™ 2800 Series, Setting New Standards in Bitcoin Mining

RippleX Unveils Filedgr: Elevating Data Transparency with Digital Certificates and Twin Data Hub

New Memecoin Pepe Eats Solana Will Skyrocket 19,000% Ahead of Exchange Listing, As SHIB and DOGE ...

NBA Icon Scottie Pippen Receives Bitcoin Investment Advice from Michael Saylor: The Reason Unveiled

Token Unlocks Alert: $2.31B in Crypto Assets Set to Hit Market

Join our free newsletter for daily crypto updates!