#XRP’s price

[cryptonewsupdate]

XRP at a Crucial Juncture: Will Liquidity Absorption Alter the Game?

The XRP market finds itself at a critical juncture, with the emergence of potential signs of liquidity absorption sparking questions about the cryptocurrency's future trajectory. A sudden dip in XRP/USDT has raised concerns among traders and investors, prompting a closer examination of key indicators that could influence its price movements.

As of the latest update, XRP is trading at $0.509052, accompanied by a 24-hour trading volume of $1.7 billion. The past 24 hours have seen a 5.18% decline in XRP, heightening the apprehension within the market. A detailed analysis of the 4-hour Relative Strength Index (RSI) reveals a value of 31.63, indicating that XRP has entered oversold territory. This signals the potential for a price correction or a rebound in the near future.

A deeper dive into the 4-hour chart showcases the 50 EMA, 100 EMA, and 200 EMA, all pointing towards a short-term downward trend for XRP. The 4-hour Moving Average Convergence Divergence (MACD) aligns with this, reflecting negative momentum in XRP's price.

While these indicators collectively present a complex picture, the oversold RSI, combined with the downward momentum signaled by the MACD, suggests that XRP could be poised for a price correction. However, it is crucial to acknowledge the inherent unpredictability of cryptocurrency markets, where various factors can influence the direction of prices.

An essential factor to consider is the overall sentiment in the cryptocurrency space, as news, regulatory changes, and market sentiment can significantly impact XRP's price movements. Staying informed and prepared for potential market shifts becomes imperative for traders and investors in this context.

Moreover, the concept of liquidity absorption and approaching the order block introduces the potential for alterations in market structure. Traders are advised to closely monitor XRP's price action in the coming days, as it could offer valuable insights into the cryptocurrency's future direction.

In conclusion, XRP stands at a crossroads, with keen attention on signs of liquidity absorption and potential shifts in market structure. The combination of an oversold RSI and downward momentum in the MACD hints at the possibility of a price correction or rebound. However, the inherent volatility of the cryptocurrency market emphasizes the need for caution and constant awareness of external factors influencing XRP's price movements

[joyfulengineerperson]

The Storm is coming sooner than expected. All financial systems controlled by the corrupt government will collapse.

This crash will be felt on a global level, and many currencies, especially the USD, will be worthless.

Fiat accounts, savings and retirement accounts, mortgage, e.t.c will crash down and wipe off from the system once this event happens, Quantum Financial System is the savior.!!!

Convert every money in your possession to digital gold & silver backed coins and move them into the QFS ledger for safety . There will be a Global Reset. All banks and fiat exchanges will be closed, and there will be a lot of uncertainty & confusion. Cash will be worthless and outdated, and all bank accounts will be closed and crash to zero .

All cabal public banks will be confiscated, and foreclosures will be frozen, as will all public and private dept(mortgage,loans, credit, and debit cards).

[adina1212]

[nigeriabitcoincommunity]

6 Coins That Could Make You 100% Gains This Crypto Bull Season

Buy these six coins to make 100% gains this Crypto Bull Season

Last Saturday, I went shopping, and like most people, I enjoy a good shopping spree. But this time, the experience was extra special because of where the money came from. I had just cashed out the profits from my Solana ($SOL) investment, and spending that hard-earned gain felt nothing short of amazing. You see, I reluctantly decided to invest in Solana last year after stumbling across a video…

[36crypto]

Crypto Expert Confirms a $40 XRP Surge Soon, See His Chart and Analysis

A prominent member of the crypto community recently shared a bold prediction for the Ripple-backed cryptocurrency, XRP. His analysis suggests an imminent surge to the $40 mark before the end of the year. The forecast sparked discussion about the possibility of such a trend happening especially at a time when XRP is exhibiting significant bullish momentum. XRP recently broke out of the $1 mark…

[tyhaber]

XRP Kritik Dirençte! Fibonacci Seviyeleri ve Yön Analizi – Yükseliş mi, ...

[jewelflores]

Been long I visited here...

[cryptogirl2024]

Egrag Predicts XRP Surge: Worst-Case Target $2.30 to $5.89

Egrag predicts that XRP could potentially hit a price range of $2.30 to $5.89 in this cycle.

After the SEC appeal, XRP may rebound to the $5-$6 range, following past recovery trends.

If BTC reaches $100K, XRP is projected to climb to $2.88, signaling strong potential gains.

The current cycle of XRP may bring its price within the range of $2.30 to $5.89, according to the predictions made by analyst Egrag Crypto on X this Friday. He outlined two main strategies that could be used to show how these targets could still be achieved, even in the worst-case scenario.

SEC Appeal Impact

Egrag equates the ongoing SEC appeal to the events during the initial lawsuit in December 2020, when XRP’s price was massively affected. After the first setback, the XRP price bounced back, giving its investors ten times their initial investment. In this regard, he indicates that if the same pattern is to be followed once the appeal has been made, XRP could go as high as $5-$6. He also notes that breaking through the Fibonacci 1.618 level may send XRP to about $6.50.

Related:

The second approach looks at the relationship between Bitcoin price fluctuation and XRP. In the 2021 bull run, Bitcoin hit the $68,000 mark, and XRP reached $1.96, according to Egrag. He claims that in the 2024-2025 cycle, if Bitcoin is to break through to new all-time highs of $80,000 to $100,000, XRP might just do the same.

Potential Price Surge

If Bitcoin is to rise to $80,000, which is a 17.65% rise from its previous high, XRP may soar to $2.31. In a slightly more optimistic view, where Bitcoin rises to $100,000 (a 47.06% gain), XRP can increase to $2.88. Even using a worst-case scenario, these projections point to massive returns for XRP owners. As of press time, XRP is trading at $0.5234, showing a 0.27% rise over the last 24 hours.

Egrag calls on the XRP community to stay patient and hold firm. Despite labeling his predictions a "worst-case scenario," he sees potential for XRP to grow in the upcoming cycle. He advises XRP holders to adjust their strategies based on these targets while staying alert to market movements. XRP investors are encouraged to remain steadfast as the market evolves.

[wealthwise93]

The promising future of XRP

What’s next for XRP? After recent legal wins, predictions suggest XRP could rise from $0.59 to between $1.07 and $3.10 in 2024! By 2030, it might hit $10.69, driven by its role in international payments. Are you ready for this potential? #XRP #Crypto

The future development of XRP appears promising, particularly following the recent legal victories against the SEC, which could alleviate regulatory concerns. Currently valued around $0.59, XRP is expected to see significant price fluctuations in the coming years. Short-Term Predictions: 2024: Predictions vary, with estimates ranging from $1.07 to $3.10. 2025: Analysts anticipate prices…

[cryptonewscentral]

🔥 XRP price surges 26% amidst Ripple’s legal win! The crypto space is abuzz with this stunning rally. Could this be the start of a new bull run? 📊🚀 

[bmsilva]

Here is XRP Price If It Processes 10% of SWIFT Transactions

[cryptosnewss]

XRP Price Surge: Will $10 Be the Next Milestone?

The cryptocurrency market is seeing a significant resurgence, with Ripple’s XRP being a standout performer. In the last 48 hours, XRP has experienced a substantial price increase, reflecting heightened investor interest and market activity. Recent Performance and Market Sentiment XRP has recently climbed to $0.52, breaking through several key resistance levels such as the 50 EMA at $0.48, the 100…

[cryptolioneirs]

Why that date is so interesting to me,

Because on that date there are many important moments

Where on that date Is

1 suro in Javanese culture in Indonesia ... and in Javanese culture, the beginning of a new day which in the tradition of 1 suro ... many ancient heirlooms come out to be cleaned once a year ... and most of those who carry out this tradition they fast before 1 suro with the intention of starting a new day with a state that is pure physically and mentally.

1 Muharram in Islam is a new year for Muslims (which means the beginning of a new beginning...) and is a new month in astrology.

And is a newmoon in astrology ... which usually there will be high pumping but previously preceded by a deep correction which is currently happening

' Millionaires don't use Astrology, billionaires do."

J.P. Morgan

Millionaires don't use Astrology, billionaires do.

From these events...everything has a context...a new beginning.....

This is just an expression of my matchology which is very happy to see btc being discounted massively

[jairaam]

As Bitcoin's momentum shows signs of slowing down, XRP has emerged as a notable gainer in the cryptocurrency market. While Bitcoin, the flagship cryptocurrency, has been experiencing a period of consolidation, XRP has shown increasing strength, gaining momentum and outperforming many other digital assets.

Several factors contribute to XRP's recent surge in momentum. Positive developments in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have instilled confidence among investors, leading to renewed interest in XRP. Additionally, growing adoption of Ripple's technology for cross-border payments and remittances further bolsters XRP's bullish case.

With Bitcoin's dominance waning and XRP gaining traction, investors are closely monitoring these market dynamics for potential trading opportunities. While Bitcoin remains the bellwether of the cryptocurrency market, the recent momentum shift underscores the dynamic nature of the digital asset landscape, where alternative cryptocurrencies like XRP can play significant roles in shaping market trends.

[36crypto]

Breaking: XRP Rockets to New Yearly High as Gensler Resignation Rumor Grows

Trending cryptocurrency XRP has attained a new high for 2024 after surging by over 13% to trade at $0.77, according to on-chain data. At the time of writing, the Ripple-backed cryptocurrency is the top gainer among the top 10 cryptocurrencies. This development has excited the XRP community amid the rumored imminent resignation of Gary Gensler, the SEC chairman. In a recent statement prepared for…