XRP Rally Ignites as Traders Rush In After Fed Pause and Bitcoin Breakout
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- XRP hits $2.30 after Fed pause, 138% volume surge confirms bullish buying
- MACD crossover and RSI at 55.41 show XRP rally still has upside room
- XRP breaks past $2.21 resistance as Bitcoin clears $100K with strength
XRP saw a strong surge in momentum over the past 24 hours, gaining traction as trading volume more than doubled. This rally came as the broader cryptocurrency market rebounded following a temporary pullback. Investor sentiment quickly shifted after the U.S. Federal Reserve chose to hold interest rates steady, maintaining the benchmark range at 4.25% to 4.5%.
While the initial market reaction to the Fed’s decision saw some price dips, the pullback proved short-lived. Aggressive buying quickly emerged, driving a widespread recovery across major digital assets. XRP responded decisively to this environment.
XRP’s Bullish Price Action Breaks Past Key Resistance
After a brief dip earlier in the trading session (potentially near $2.11, according to some charts like CoinMarketCap), XRP reversed course sharply on strong buying interest. The price then pushed through previous resistance levels, establishing a new higher high around $2.30.
This move…
The post XRP Rally Ignites as Traders Rush In After Fed Pause and Bitcoin Breakout appeared first on Coin Edition.
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XRP Rally Ignites as Traders Rush In After Fed Pause and Bitcoin Breakout
Share:
- XRP hits $2.30 after Fed pause, 138% volume surge confirms bullish buying
- MACD crossover and RSI at 55.41 show XRP rally still has upside room
- XRP breaks past $2.21 resistance as Bitcoin clears $100K with strength
XRP saw a strong surge in momentum over the past 24 hours, gaining traction as trading volume more than doubled. This rally came as the broader cryptocurrency market rebounded following a temporary pullback. Investor sentiment quickly shifted after the U.S. Federal Reserve chose to hold interest rates steady, maintaining the benchmark range at 4.25% to 4.5%.
While the initial market reaction to the Fed’s decision saw some price dips, the pullback proved short-lived. Aggressive buying quickly emerged, driving a widespread recovery across major digital assets. XRP responded decisively to this environment.
XRP’s Bullish Price Action Breaks Past Key Resistance
After a brief dip earlier in the trading session (potentially near $2.11, according to some charts like CoinMarketCap), XRP reversed course sharply on strong buying interest. The price then pushed through previous resistance levels, establishing a new higher high around $2.30.
This move…
The post XRP Rally Ignites as Traders Rush In After Fed Pause and Bitcoin Breakout appeared first on Coin Edition.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
S&P 500 Hits New Highs After Rate Cut As Crypto Market Stays Muted