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Showing posts with the label bullish momentum

XRP’s key price levels to watch after losing major support

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An analyst has identified XRP’s next key price levels to monitor as the asset struggles to reclaim the $2.50 resistance level following a breakdown from a key technical structure. Notably, XRP had been following a steady upward trend within an ascending channel. However, the price encountered strong resistance near $2.50, aligned with the 0.236 Fibonacci retracement level, which triggered a sharp rejection and subsequent sell-off, as observed by analyst Rocksorgate . In a May 24 TradingView post, the analyst suggested that XRP’s recent drop was likely a coordinated move to break below the 200-period exponential moving average (EMA), a vital dynamic support that typically signals trend direction. XRP price analysis chart. Source: TradingView Currently, XRP is hovering near the 0.5 Fibonacci retracement level at $2.35, a critical support area. If this level holds, it may lead to price stabilization. However, if it fails, the next support lies at the 0.618 ($2.29) and...

Ripple v. SEC case: The final verdict

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The longstanding Ripple v. SEC case appears to be over, per Ripple Labs Chief Executive Officer Brad Garlinghouse. After an appeal against the original 2023 ruling in Ripple’s favor that went on to proceed at a truly glacial pace, the legal battle is now over, per the CEO’s March 19 X post. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let’s build. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let's build. pic.twitter.com/7WsD0C92Cm — Brad Garlinghouse (@bgarlinghouse) March 19, 2025 In the immediate aftermath of the announcement, XRP prices surged from $2.31 to $2.55. By press time on March 20, the digital asset’s price had receded back to $2.45, bringing year-to-date (YTD) returns to 15.61%. ...

Sui Price Prediction for Today, January 4 – SUI Technical Analysis

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The Sui price prediction for SUI showcases a steady uptrend within an ascending channel, reflecting growing bullish momentum. Sui Prediction Data: Sui price now – $5.14 Sui market cap – $15.42 billion Sui circulating supply – 10 billion Sui total supply – 3 billion Sui Coinmarketcap ranking – #12 SUI’s journey highlights the potential of early investments in crypto projects, with its price surging an incredible 1027.31% since its all-time low of $0.3643 on October 19, 2023. Currently trading between $4.09 and $4.26 in the past 24 hours, SUI remains 16.7% below its all-time high of $4.93 reached just two weeks ago. This impressive growth underscores the value of spotting promising tokens early and holding them for long-term gains. SUI/USD Market Key Levels: Resistance levels: $6.50, $6.60, $6.70 Support levels: $3.90, $3.80, $3.70 SUIUSD – Daily Chart The daily chart shows the SUI/USD price trading within a well-defined ascending c...

XRP Price Prediction: Can It Hit $1 This Month?

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Since the start of November, the crypto market has been in the midst of a monumental bull run. With Bitcoin reaching an all-time high of $89,000, there has been nothing but optimism within the digital asset sector, leading many to ponder if Ripple (XRP) could see its price bound for a $1 surge this month. The 2024 presidential election saw Donald Trump emerge victorious over Kamala Harris. Now, the country is set to see the impending commander-in-chief be the first pro-crypto president the nation has ever seen. With regulatory clarity on the horizon, Ripple may be bound to be one of the greatest beneficiaries. Ripple Price Prediction: Is Now the Time for XRP to Reach a $1 Price? Source – Bitcoinist Also Read: Donald Trump Could Pass Bitcoin Reserve Bill in First 100 Days Over the last several years, Ripple (XRP) has struggled immensely with its operations in the United States. Specifically, it has found itself engaged in a legal battle with the US Securities and Exchange Commissio...

Analyst Shares New Date For Cardano (ADA) Price Hike: ADA To Rise Soon

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Cardano (ADA) has yet to experience bullish momentum, a noteworthy bullish path that pushes the crypto to new price levels. Despite boasting massive community support, ADA has long struggled to gain firmer ground. As Bitcoin scales to $70K, investors cannot help but wonder when ADA will spike to new price levels, and we may have a new answer to this question, thanks to a notable cryptocurrency analyst. Also Read: Here’s How High Bitcoin (BTC) May Soar This Weekend After Acing $70K Analyst Reveals New Date For Cardano To Adapt To A New Bullish Pace Source – Zipmex Notable cryptocurrency analyst Ali has shared a new update on X. Talking briefly about Cardano, Ali shared how the token is up for a massive price run very soon. Cardano has had a rough year trading at lower levels, unable to break past the critical price barriers of $0.30-$0.40. ADA is at $0.35 at press time, up 3% in the last 24 hours. Cardano has noted a modest spike in the current period, primarily due to Bitcoin...

Chiliz Price Analysis for 18th of September: CHZ/USD Sky Rockets

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Join Our Telegram channel to stay up to date on breaking news coverage After the Standoff between CHZ/USD bears and bulls on the 13th and 14th of September, the market begins to skyrocket. The buying pressure had started to increase from the 13th up till this moment. And the price of the market is about to retrace the $0. 2500000 resistance level . Judging by this bullish market momentum, the price may break the $0. 2500000 price level soon.   Chiliz Market Price Statistic: CHZ/USD price now: $0.24001330 CHZ /USD market cap: $ 1,436,807,102 CHZ /USD circulating supply: 6 billion CHZ /USD total supply: 8,888,888,888 CHZ /USD coin market ranking: #37 Key Levels Resistance: $0.25000000, $0.26666514, $1.8187436   Support: $0.20000000, $1.78688200, $0.15000000   Buy The Chiliz Now   Your capital is at risk   Chiliz Market Price Analysis: The Indicators’ Point of View Even though we can see this very bullish momentum in the mar...