Top Analyst Sees XRP Exploding to $18.22 – Here’s His Ripple Outlook

2023-11-3 00:40

XRP, the native token of the Ripple blockchain, has seen renewed interest among crypto traders and investors lately. The token is currently trading around $0.6, with a 9% increase over the last 7 days.

According to popular analyst Dark Defender, XRP looks poised to continue its uptrend based on technical analysis. In a recent tweet, Dark Defender noted that XRP needs to close above the $0.66 level this week to confirm the uptrend. If this happens, he sees initial resistance at $1.05, followed by upside targets at the Fibonacci levels of $1.88, $5.85 and $18.22.

Dark Defender pointed out that the Parabolic SAR indicator is expected to turn green soon, which would add volume to the move upwards. He also noted that XRP is trading above the Ichimoku cloud on the weekly chart, another positive sign. As long as XRP can close above $1.88, he expects it to continue climbing towards the $5.85 and $18.22 targets.

In other Ripple and XRP news, the Dubai Financial Services Authority (DFSA) has approved XRP for use by licensed virtual asset firms in the Dubai International Financial Centre (DIFC). This regulatory approval represents a major step forward for XRP adoption in the Middle East.

With bullish technical analysis and positive fundamental adoption news, the medium and long term outlook looks bright for XRP. Traders may want to watch for a decisive close above $0.66 this week, which could trigger the next leg up towards $1.88 and higher.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Top Analyst Sees XRP Exploding to $18.22 – Here’s His Ripple Outlook appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

token ripple xrp investors lately among crypto

Источник: captainaltcoin.com

token ripple → Результатов: 126


Over 3 Billion XRP Held on Coinbase Exchange to Miss Out On Flare Network’s Spark Airdrop

Flare Networks, a Ripple funded blockchain firm, will airdrop free Spark tokens (FLR) to anyone holding XRP in supporting wallets and exchanges on December 13. However, with over 3 billion XRP tokens held on California based crypto exchange, Coinbase is likely to miss out on the airdrop, Flare Networks, the firm conducting the Spark token […] The post Over 3 Billion XRP Held on Coinbase Exchange to Miss Out On Flare Network’s Spark Airdrop first appeared on BitcoinExchangeGuide.

2020-12-1 19:13


Фото:

Huobi добавляет Ripple XRP торговую пару с Houbi Token в Японии

После одобрения Японского агентства финансовых услуг биржа Huobi добавила в том числе и Ripple XRP торговую пару с Houbi Token. В Японии на бирже Huobi теперь можно торговать Ripple XRP в паре с Houbi Token. Ripple XRP добавили торговую пару...

2020-6-25 13:19


Фото:

Ripple Joins Over 40 Companies To Launch A Single Global Payment System, PayID: All You Need To Know

Ripple, the company behind the XRP token, on Thursday said it plans to help launch PayID after joining a consortium of over 40 global companies and nonprofits. The San Francisco-headquartered firm is now part of the Open Payments Coalition that will debut PayID which will enable people around the world to easily pay a person […]

2020-6-19 21:46


Фото:

XRP in the Red; but Bulls Have Opportunity to Breach $0.20

Ripple’s XRP token has in the past three days seen its value tank to $0.18 lows, but if bulls push it above $0.20, it would signal the bears are losing grip The price of XRP, the third-largest cryptocurrency by market cap has, over the past seven days, descended into a downtrend that saw bears push […] The post XRP in the Red; but Bulls Have Opportunity to Breach $0.20 appeared first on Coinjournal.

2020-5-13 14:08


Фото:

Ripple to Reduce its Sales of XRP as Prices Rise

Ripple, who notoriously own a large portion of XRP, have reduced their sales of the token significantly, the lowest sales in any previous quarter Ripple’s sale of its XRP holdings is an activity that has happened regularly since the company escrowed billions of coins in 2017 to make the XRP supply more tightly controlled and more info… The post Ripple to Reduce its Sales of XRP as Prices Rise appeared first on Coinjournal.

2020-5-2 18:42


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Chainlink Completes Test to Accelerate Fund Tokenization – LINK Price Prediction

Chainlink has successfully completed a pilot project with JPMorgan, Templeton, BNY Mellon, and other major US banks to accelerate the tokenization of funds. The pilot project, named Smart NAV pilot, tested a process to bring and disseminate fund data on multiple blockchains, which is a crucial step for the future of tokenization.