bullish

2024

Moon

Coin

<ul class="news-points">
 <li><strong>XRP breakout above $0.59 suggests a bullish trend as resistance at $0.64 and $0.72 are key levels to watch.</strong></li>
 <li><strong>Weekly chart shows $0.65 as crucial resistance whereby breaking it could lead XRP to $0.80 and $1.00.</strong></li>
 <li><strong>XRP’s recent 3.25% rise and breakout from a triangle pattern signal potential for further gains.</strong></li>
</ul>
<p>XRP has sparked excitement in the cryptocurrency community with its <a href="https://coinedition.com/crypto-market-forecast-long-term-price-predictions-for-major-coins/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">recent bullish breakout</a>. An analysis by The Moon of the XRP/USDT chart on a 1-hour timeframe highlights a crucial technical development.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> is doing it! The long-awaited pump has just started!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/1qVJz1t9bX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/1qVJz1t9bX</a></p>— The Moon (@TheMoonCarl) <a href="https://twitter.com/TheMoonCarl/status/1818230769325641923?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 30, 2024</a>
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<p>A symmetrical triangle pattern has formed, typically signaling a continuation of the current trend. The breakout from this pattern suggests a potential upward move, marking a significant shift for XRP.</p>
<p>The symmetrical triangle, characterized by converging trend lines, has been a reliable indicator of price movements. The recent breakout on the upside is a bullish signal, indicating that XRP might continue its ascent.</p>
<p>Key support levels include $0.59, which represents the lower boundary of the triangle, and $0.58, identifie…</p>
<p>The post <a href="https://coinedition.com/xrp-price-breaks-out-from-symmetrical-triangle-is-1-target-in-sight/" rel="noopener noreferrer nofollow">XRP Price Breaks Out from Symmetrical Triangle: Is $1 Target in Sight?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

XRP Price Breaks Out from Symmetrical Triangle: Is $1 Target in Sight?

Coin Edition

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