XRP Price On Edge — 100 SMA Break Could Trigger Surge
XRP price started a fresh increase above the $2.150 zone. The price is now consolidating and facing hurdles near the $2.250 level. XRP price started a fresh increase and climbed above the $2.20 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2.2350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if there is a close above the $2.250 resistance. XRP Price Eyes Fresh Surge XRP price remained supported above $2.125 and....
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CRYPTOWZRD, in a recent market update, noted that XRP ended the session with an indecisive close, signaling uncertainty in the short term. According to the analyst, the key lies in XRPBTC—once it begins to move bullish, XRP could quickly ignite an impulsive upside rally. Symmetrical Triangle On XRPBTC Points To Upside Potential In expanding his analysis, CRYPTOWZRD emphasized that both the daily candle of XRP and XRPBTC closed indecisively, leaving traders on edge about the next major move. He pointed out that the relationship between Bitcoin dominance and XRPBTC could be a decisive....
Crypto analyst Dom has provided an update on what could spark the next XRP price surge. He highlighted an important level that the altcoin needs to reclaim for it to rally to $2.50, which would mark a new high since the October 10 liquidation event. XRP Price Must Reclaim This Level To Trigger Another Surge In an X post, Dom stated that the XRP price needs to regain the monthly rVWAP around $2.22, as that would be the shift for a rally towards $2.50. This came as the analyst revealed that an inverse of the XRP chart over the last six weeks shows a perfect 3-drive pattern, which is a very....