XRP price started a downside correction from the $1.50 zone. The price is now consolidating and might aim for another increase if it stays above the $1.440 zone. XRP price started a downside correction after it failed to clear the $1.5050 zone. The price is now trading above $1.440 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.4420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.4620. XRP Price Trims Some Gains XRP price started a decent upward move above $1.4250 and $1.450, outperforming Bitcoin and Ethereum. The price gained pace for a clear move above the $1.450 resistance. A high was formed at $1.5074, and the price started a downside correction. There was a move below $1.480 and $1.4620. The price dipped below the 38.2% Fib retracement level of the upward move from the $1.3786 swing low to the $1.5074 high. The price is now trading above $1.440 and t
Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone. SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar. The price is now trading above $92 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $96.50 resistance zone. Solana Price Starts Fresh Surge Solana price started a decent increase after it settled above the $88 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $92 level to enter a short-term positive zone. The price even smashed the $95 resistance. A high was formed at $96.85, and the price is now consolidating gains. There was a minor decline toward the 23.6% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high. Solana is now trading above $92 and the
Ethereum price started a fresh increase above the $2,320 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance. Ethereum started a decent upward move from the $2,265 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,300 zone. Ethereum Price Faces Hurdles Ethereum price remained bid above the $2,265 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,300 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,423 swing high to the $2,265 low. The bulls even pushed the price toward $2,380. Besides, there is a bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,320 and the 100-hourly Simple Mov
Bitcoin price started a fresh increase and cleared the $81,500 zone. BTC is consolidating and might aim for more gains above the $82,450 level. Bitcoin managed to stay above $79,200 and started a fresh increase. The price is trading above $80,750 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $80,800 and $80,000 levels. Bitcoin Price Turns Positive Bitcoin price found support near $79,200 and started a fresh increase. BTC gained pace for a move above the $79,750 and $80,200 resistance levels. The bulls even pushed the price above $82,000. A high was formed at $82,436, and the price started a consolidation phase. There was a minor decline toward the 23.6% Fib retracement level of the upward move from the $79,168 swing low to the $82,436 high. Bitcoin is now trading above $80,750 and the 100 hourly simple moving averag
The post XRP Eyes Breakout as XRPL Expands Utility appeared on BitcoinEthereumNews.com.
XRP trades near $1.43 as XRPL builds compliance, privacy, lending, permissioned DEX tools, and native liquidity features. XRP is moving into a wider role as the XRP Ledger adds payment, compliance, privacy, and lending features across its network. Its native asset remains central to XRPL liquidity because it is counterparty-free and built into the protocol. Analysts are also watching XRP near $1.43, with $1.52 acting as the next key resistance on the daily chart. XRP Holds a Core Position on the XRP Ledger XRP has a native role on the XRP Ledger, also known as XRPL. It is used for fees, settlement, and liquidity across the network. Market analysts say its role extends beyond gas fees. XRP can act as a bridge asset between tokens, issuers, and markets. The ledger supports an on-chain decentralized exchange with order books and automated market makers. These tools allow users to trade assets directly
XRP trades near $1.43 as XRPL builds compliance, privacy, lending, permissioned DEX tools, and native liquidity features. XRP is moving into a wider role as the XRP Ledger adds payment, compliance, privacy, and lending features across its network. Its native asset remains central to XRPL liquidity because it is counterparty-free and built into the protocol. […]
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The post XRP Might Be Primed for Rapid Breakout appeared on BitcoinEthereumNews.com.
The magic price level Waking up from slumber XRP, one of the leading cryptocurrencies by market cap, has managed to decouple from the broader market in a blow to those who expected the controversial Ripple-linked token to keep languishing against Bitcoin (BTC) and other leading altcoins. The digital asset, which keeps attracting headlines due to new adoption milestones, has spiked by almost 5% over the past 24 hours, CoinGecko data shows. According to crypto analyst “Dom” (@traderview2), the current surge could pave the way for a powerful rally. However, for this to happen, XRP bulls have to gain a strong foothold above the $1.45 level. XRP Might Be Primed for Rapid Breakout Ripple’s ‘North Star’ XRP Doubles ETF Inflows Amid Tokenization Breakthrough; SHIB Decouples From Dogecoin; Bitcoin Eyes $94,500 as ‘Sell in May’ Trigger: Bollinger Bands – Morning Crypto Report “Let me make it very simple. Ove