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MainNewsAnalyst Sees...

Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges


by CoinEdition
Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges
  • EGRAG CRYPTO revealed that XRP is in a positive trend on its weekly chart.
  • A snapshot of XRP’s weekly chart shows that XRP may rise above $0.7.
  • A descending triangle on XRP’s daily chart could foreshadow a correction.

The cryptocurrency trader and analyst EGRAG CRYPTO revealed in an X (formerly Twitter) post earlier today that Ripple (XRP) is in a bullish trend on its weekly chart. Included in the post was a snapshot of the altcoin’s weekly chart, which showed that the remittance token was resting on the key support level at around $0.6119.

Despite the altcoin currently retesting support, EGRAG CRYPTO’s post showed that the cryptocurrency could climb to above $0.70 should the positive trend continue. Looking at the last 24 hours, XRP was able to post a 1.73% gain during this period. 

As a result, the altcoin was changing hands at $0.6128 at press…

The post Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsAnalyst Sees...

Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges


by CoinEdition
Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges
  • EGRAG CRYPTO revealed that XRP is in a positive trend on its weekly chart.
  • A snapshot of XRP’s weekly chart shows that XRP may rise above $0.7.
  • A descending triangle on XRP’s daily chart could foreshadow a correction.

The cryptocurrency trader and analyst EGRAG CRYPTO revealed in an X (formerly Twitter) post earlier today that Ripple (XRP) is in a bullish trend on its weekly chart. Included in the post was a snapshot of the altcoin’s weekly chart, which showed that the remittance token was resting on the key support level at around $0.6119.

Despite the altcoin currently retesting support, EGRAG CRYPTO’s post showed that the cryptocurrency could climb to above $0.70 should the positive trend continue. Looking at the last 24 hours, XRP was able to post a 1.73% gain during this period. 

As a result, the altcoin was changing hands at $0.6128 at press…

The post Analyst Sees XRP Climbing to Above $0.7 as Bullish Trend Emerges appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Price Prediction for May 23: Can Bulls Break Free From the $2.42 Wall?

XRP Price Prediction for May 23: Can Bulls Break Free From the $2.42 Wall?

XRP price today is trading near $2.41, holding firm after repeated attempts to clear ...
Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

The move comes as the long/short ratio is at its lowest point since September 2022.