Dark

Resistance

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/altcoin/ripple-news-heres-when-xrp-price-might-hit-new-all-time-high/">Ripple News: Here’s When XRP Price Might Hit New All-Time-High</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Following a 3 percent surge in the last 24 hours, XRP’s price encountered resistance at approximately $0.513, just below the daily 200 Moving Average (MA). Some crypto analysts are speculating on a potential daily death cross, which could trigger additional panic selling. Nevertheless, there are signs that the Ripple-backed digital asset might be gearing up for a sudden upward move. </p> 
<p>Furthermore, there’s a strong possibility that US District Judge Analisa Torres will reject the SEC’s interlocutory appeal related to the summary judgment from July. Additionally, Ripple has been expanding its On-Demand Liquidity (ODL) program into more cross-border payment corridors, aiming to enhance the utility of XRP.</p> 
<h2 class="wp-block-heading" id="h-xrp-price-prediction">XRP Price Prediction</h2> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> in the daily &amp; monthly charts is super strong. He has broken down the Resistance Minor and proceeded to Resistance Major, which was at $1.33 and is now getting lowered to $1.237. <br><br>We know the importance of Supports in <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a>, due to a flash crash or short-term shakeouts.… <a href="https://t.co/B6KcHCFeGd" rel="noopener noreferrer nofollow">pic.twitter.com/B6KcHCFeGd</a></p>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1704029386461028417?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 19, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Dark Defender, a prominent XRP enthusiast believes that XRP exhibits considerable strength in higher time frames. He also pointed out that XRP’s price has adhered to a macro-symmetrical triangle pattern following a recent rebound from the lower boundary. The analyst noted that XRP’s price recently broke out of a short-term structure, potentially paving the way for further gains, surpassing the psychological $1 mark.</p> 
<p>As the symmetrical triangle narrows at its edges, Dark Defender highlighted that the upper resistance zone has shifted from $1.33 to approximately $1.237. If XRP can breach this critical resistance level, the analyst anticipates that the all-time high (ATH) will come into play. However, should further capitulation occur, the crypto analyst foresees a substantial support zone ranging from 39 cents to 46 cents.</p>

Ripple News: Here’s When XRP Price Might Hit New All-Time-High

Obsah

CoinPedia News

Ďalšie články zverejnené 19. 9. 2023

Bitcoin Sees Outflows as Solana, Cardano, XRP Steal the Spotlight

As layer 2s, Canto and Astar blockchains intend to expand into the Ethereum ecosystem.

Optimism airdrops 19.4m of free OP tokens

Google Bard previews Ethereum, Arbitrum, Kangamoon’s potential

Investing in crypto: guide to smarter portfolio rebalancing

US DoJ Contemplating Fraud Charges Against Binance

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!