Why Is XRP Up Today? | Airdrop Alert Pro

Why Is XRP Up Today?

Posts Why did XRP get up today? Appear first Coinpedia Fintech News

The ripple price showed a strong bullish recovery overnight, causing its value to recover $2.70. Additionally, the SEC’s decision to approve XRP ETFs could result in the price of XRP achieving this new premium season.

With the growing optimism in the cryptocurrency space, will XRP push its price toward this year’s new ATH? Furthermore, investors are curious about questions like “Will XRP reach $1,000?” In this article, we find market sentiment and possible short-term chain price analysis!

Ripple price record increases volatility!

The price of XRP tokens rose 6.84% in 24 hours, with trading volume of $5.31 billion, a change of -1.48%. Additionally, it has risen 9.59% over the past week and has soared 29.95% this year, indicating long-term action.

The relative intensity index (RSI) continues to hover above the neutral point in the daily time range. This indicates that the purchase pressure of altcoins in the cryptocurrency market is increasing.

On the other hand, the SMA indicator continues to support the chain price chart, highlighting the positive prospects of the 3rd largest cryptocurrency in the market this week.

How high will XRP be?

Assuming the market favors the Bulls, in which case the XRP price may be retested on its high price of $3.00. For the next time, keeping prices above that level may push the price to its upper limit of $3.50.

On the other hand, if the bear recovers power, this could raise the price to its important support level of $2.50. Additionally, if bearish sentiment intensifies, this could cause it to fall to its crucial $2.00.

Are you one of many people who want to learn about the prospects for this altcoin to achieve a new ATH this year? Read the latest information about Coinpedia XRP Price Forecast Explore the possibilities today!

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