XRP jumps 6% in 24 hours, crosses $107B market cap

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

XRP's 6% rise and $107B market cap milestone fuel speculation on whethere there is potential for a major bull run.

There was key resistance at $2.00, with potential for a short-term pullback.has made waves today, surging 6% and surpassing the $107 billion market cap, reigniting investor interest and raising questions about its future trajectory.

Technical indicators highlighted resistance near $2.00, a critical psychological and structural level.can sustain its upward trajectory or succumb to profit-taking amid the elevated RSI and market euphoria.The RSI of 84.49 signals overbought conditions, suggesting a potential short-term pullback as the price tests resistance near $2.

Key support lies near $1.75, a level that aligns with recent breakout zones, while $2.00 remains a psychological and technical barrier. Similarly, in late 2021, XRP experienced another significant surge, fueled by growing adoption and market speculation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

XRP Ledger sees first tokenized money market fund: More insideRipple taps into tokenized money market funds by partnering with Archax, aiming to integrate traditional finance with blockchain.
Source: CryptoAmb - 🏆 22. / 68 Read more »