XRP Price Soars By 10.54% In 7 Days Amid Market Optimism

Ripple’s XRP token has demonstrated significant bullish momentum over the past week, with its price increasing by 10.54%. This trend has continued, with a further 3.04% increase in the last 24 hours, pushing the price of XRP to $0.5487. The optimistic market sentiment is reflected in its market capitalization, which has grown by 2.58% to […]

The post Ripple’s XRP Surges Over 10% in 7 Days As Analyst Eyes $1.4 Mark appeared first on Coin Edition.

XRP Price Soars By 10.54% In 7 Days Amid Market Optimism

  • XRP displays strong bullish momentum, with prices rising by 10.54% in the past week.
  • EGRAG CRYPTO identifies a double bottom pattern, signaling a potential price surge.
  • Technical indicators suggest XRP may face resistance at $0.6419 but remain bullish overall.

Ripple’s XRP token has demonstrated significant bullish momentum over the past week, with its price increasing by 10.54%. This trend has continued, with a further 3.04% increase in the last 24 hours, pushing the price of XRP to $0.5487. The optimistic market sentiment is reflected in its market capitalization, which has grown by 2.58% to $30.220 billion. 

XRP/USD 24-Hour Chart (Source: CoinStats)

Additionally, trading volume has seen a dramatic rise of 43.97% in the last 24 hours, reaching $1.6 billion. This surge in trading volume suggests that investors and traders are increasingly confident about XRP’s potential for further gains, driven by ongoing positive market sentiment.

Analyst Eyes XRP’s Path to $1.4 Amid Technical Shifts

In an update, EGRAG CRYPTO, a recognized voice in cryptocurrency analysis, revealed changes in the technical patterns of Ripple’s XRP token. The analysis notes an…

The post Ripple’s XRP Surges Over 10% in 7 Days As Analyst Eyes $1.4 Mark appeared first on Coin Edition.