Crypto

XRP Price Crawls up Again as $0.33 is the Next Target

Now that most of the cryptocurrency markets appear to be on the mend once again, there is some interesting momentum to take note of. Although it seems the overall gains remain fairly limited, plenty of traders will be happy to see the XRP price improve upon its position.

XRP Price Makes Another run for $0.33

When it comes to the different cryptocurrencies, tokens, and asset son the market, there is hardly ever a unified trend. This is a good thing, as far too many markets will only note price changes depending on what happens to Bitcoin. Albeit some people will put XRP in that same boat, it is more than capable of forging its own path in this day and age.

Over the past 24 hours, it would seem most of the XRP value woes have been negated successfully. Right now, the XRP price is up by 1.71%, as it successfully rose to $0,325916. There is also a 0.7% gain in XRP/BTC, which ensures this ratio remains above 6,000 Satoshi for at least another day. That in itself will offer some relief to most of the traders out there today.

Postis Alpha shares some interesting views on what the future may hold for XRP. Rather than making some outlandish prediction, it would appear this user acknowledges there might note another all-time high in the near future. These markets are unpredictable first and foremost, thus anything is possible.

Aussie Investor, who is a notorious XRP bull, keeps the faith alive where Ripple’s native asset is concerned. He is quite pleased with how the market withstood the selling pressure for multiple months now and successfully bounced back every single time. This is a promising for the long run, albeit it may not result in steep gains either. Even so, a viable piece of information which often gets overlooked.

Related Post

Despite all of the hate XRP fans seem to get on Twitter these days, some users are more than proud to represent it. Fabio is now an official part of the XRP community and seems to be quite happy about it as well. Messages like these show everyone in this industry could get along rather well, if only they tried.

When looking at the bigger picture, it would appear most of the top markets are going through a positive spell to kick off the new week. That is incredibly interesting to keep an eye on, albeit not indicative as to what may happen in the coming days. For XRP, the main objective is reclaiming the $0.33 level, which will pose its own set of challenges.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

$Ghibli Token on BNB Chain Soars 400% in One Hour: What’s Behind the Surge?

The $Ghibli token on Binance Smart Chain has seen a jaw-dropping 400% increase in the…

19 hours ago

DeFi’s Growth Continues: Total TVL Reaches $101.5 Billion, Ethereum Dominates

The decentralized finance (DeFi) ecosystem keeps on growing apace, now surpassing a major milestone that…

19 hours ago

Crypto Markets Buzzing: Solana, Liquidity, and KOL Influence Drive Crypto Discussions

The cryptocurrency sphere is seeing a heightening of discussions across social media, with a multitude…

19 hours ago

Solana’s Bullish Week: PumpSwap, LaunchLab, and Big Institutional Moves

In the blockchain ecosystem, a fresh wave of activity seems to have crashed into Solana.…

19 hours ago

Hyperliquid Exploited: Trader Attempts to Drain Funds with Leveraged Trades on Illiquid Coin

In a dramatic turn of events, the decentralized trading platform Hyperliquid has been hit by…

19 hours ago

Tron Blockchain Dominates with $53.16M in Fees and Record Transaction Volume

The decentralized finance (DeFi) blockchain has shown its strength once again by generating more fees…

19 hours ago