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moonypto
Jan 18, 2023 12:33 PM

Ripple / XRP Analysis 

XRP / TetherUSBinance

Description

XRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week

In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$

Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia



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what a pump

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we hit the first target

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we hit the second target too

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we hit the third target too

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we hit all targets

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we hit all targets

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Ripple Sold 336M Worth of XRP Tokens in Q1 2023

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Ripple, which spent $250 million to acquire Swiss crypto custody firm Metaco, plans to begin offering clients tools to custody, issue and settle tokenized assets. The deal, financed through a combination of cash and Ripple equity, will make Ripple the sole shareholder of Metaco, which will still operate as an independent brand

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Ripple is kicking off a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Thought this innovation, government institutions will be able to manage and customize the entire life cycle of the CBDC, which includes minting, distribution, redemption and token burning.

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Trade closed: target reached

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Ripple wins verdict that XRP is not a security

Trade closed: target reached

its party time

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Comments
JC9800
Lets hope we get good news today regarding CPI and other data.
moonypto
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