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">
 <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" 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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<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

30 Tem 2024 tarihli diğer yazılar

Vice President Harris’ meme coin KAMA sees 26x price increase in one month

Michael Novogratz’s Galaxy Digital Acquires $1B in Ethereum Staking Assets

Bitcoin Tumbles as Mt. Gox Executes Massive BTC Transfer: How Much

Stargos.co Offers New Opportunities to Expand its Global Reach

Only Congress and DARPA can rein in the dangers of AI

BlackRock Sees Low Demand for Other Cryptos Other Than Bitcoin and Ethereum

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!