{"id":560834,"date":"2023-11-15T16:00:55","date_gmt":"2023-11-15T16:00:55","guid":{"rendered":"https:\/\/uniquehot.com\/?p=560834"},"modified":"2024-06-11T14:31:11","modified_gmt":"2024-06-11T14:31:11","slug":"xrp-turn-around-price-bounces-back-signaling-upward-trend","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-turn-around-price-bounces-back-signaling-upward-trend\/","title":{"rendered":"XRP Turn Around: Price Bounces Back Signaling Upward Trend"},"content":{"rendered":"

XRP<\/span><\/a> experienced a significant decline over the past week due to unprecedented market whirlwinds. However, the crypto asset has regained bullish momentum from this dip, signaling an upward trajectory.<\/span><\/p>\n

XRP Experiences Rebound After Plunge<\/span><\/h2>\n

XRP daily chart<\/span><\/a> has shown resiliency recently, pulling off a noteworthy rebound following a drop that unnerved traders and investors. The chart shows that the cryptocurrency is speedily recovering from its fall.<\/span><\/p>\n

The recent price movement indicates that XRP might be approaching the $0.70 mark. The token’s capacity to stay above the 50-day and 100-day moving averages indicates a bullish outlook for the asset.<\/span><\/p>\n

According to the chart, XRP may be ready for a run at the next resistance level, around $0.65, if it can sustain above the $0.60 mark. If the token manages to go past $0.65, the $0.70 mark seems plausible.<\/span><\/p>\n

Related Reading: XRP Price Prediction \u2013 Breaking This Resistance Could Spark Fresh Rally<\/a><\/div>\n

These averages are significant pointers frequently pointing to the market’s long-term prospects. The fact that the <\/span>price of XRP<\/span><\/a> is rising above these lines indicates that the market is very confident.<\/span><\/p>\n

In addition, the digital asset’s RSI has leveled off following a brief excursion into the overbought area. This suggests that the recent price rebound was sustained market interest rather than a fluke. The RSI returns to neutral levels without a notable price decline, sparking possible future growth.<\/span><\/p>\n

XRP’s market is on an uptrend; the token seems to have benefited from these positive market emotions by raising its price. The price of XRP is growing and might keep rising, per a crypto analysis<\/a> by ProSignalsfx on TradingView.\u00a0<\/span><\/p>\n

Nonetheless, the crypto asset is still relatively down from the <\/span>$0.75 price mark<\/span><\/a> it experienced on November 13. This was due to a false report shared by an X user about an exchange-traded fund (ETF) filing by BlackRock. However, the crypto experienced a price correction immediately after the report was debunked.\u00a0<\/span><\/p>\n

The Crypto Asset Is Set To Do Well In The Next Bull Run<\/span><\/h2>\n

According to crypto influencer <\/span>BoringSleuth<\/span><\/a>, since XRP has no ties to the Chinese Communist Party (CCP), its price could gain impressively from the bull market. The influencer believes cryptocurrencies not connected with the CCP will benefit from the next bull run.<\/span><\/p>\n

\u201cThe protocols that weren\u2019t in bed with the CCP will be the benefactors of future bull cycles. A protocol like DAG, which works with the DOD is one example of a well-positioned protocol. XRP is another,\u201d he stated.\u00a0<\/span><\/p>\n

Related Reading: John Deaton Bullish On Ripple\u2019s XRP; Analyst Bullish on Pepe and New Token<\/a><\/div>\n

The crypto asset trades at approximately $0.639, indicating a 1.17% decline in the past 24 hours. Its <\/span>market capitalization<\/span><\/a> is currently at $34,288,273,612, indicating the same percentage decline in the past 24 hours, according to CoinMarketCap.<\/span><\/p>\n

\"XRP\"
XRP trading at $0.637 on the daily chart | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image by iShock, chart by Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

XRP experienced a significant decline over the past week due to unprecedented market whirlwinds. However, the crypto asset has regained bullish momentum from this dip, signaling an upward trajectory. XRP Experiences Rebound After Plunge XRP daily chart has shown resiliency recently, pulling off a noteworthy rebound following a drop that unnerved traders and investors. The chart shows that the cryptocurrency is speedily recovering from its fall. The recent price movement indicates that XRP might be approaching the $0.70 mark. The token’s capacity to stay above the 50-day and 100-day moving averages indicates a bullish outlook for the asset. According to the chart, XRP may be ready for a run at the next resistance level, around $0.65, if it can sustain above the $0.60 mark. If the token manages to go past $0.65, the $0.70 mark seems plausible. Related Reading: XRP Price Prediction \u2013 Breaking This Resistance Could Spark Fresh Rally These averages are significant pointers frequently pointing to the market’s long-term prospects. The fact that the price of XRP is rising above these lines indicates that the market is very confident. In addition, the digital asset’s RSI has leveled off following a brief excursion into the overbought area. This suggests that the recent price rebound was sustained market interest rather than a fluke. The RSI returns to neutral levels without a notable price decline, sparking possible future growth. XRP’s market is on an uptrend; the token seems to have benefited from these positive market emotions by raising its price. The price of XRP is growing and might keep rising, per a crypto analysis by ProSignalsfx on TradingView.\u00a0 Nonetheless, the crypto asset is still relatively down from the $0.75 price mark it experienced on November 13. This was due to a false report shared by an X user about an exchange-traded fund (ETF) filing by BlackRock. However, the crypto experienced a price correction immediately after the report was debunked.\u00a0 The Crypto Asset Is Set To Do Well In The Next Bull Run According to crypto influencer BoringSleuth, since XRP has no ties to the Chinese Communist Party (CCP), its price could gain impressively from the bull market. The influencer believes cryptocurrencies not connected with the CCP will benefit from the next bull run. \u201cThe protocols that weren\u2019t in bed with the CCP will be the benefactors of future bull cycles. A protocol like DAG, which works with the DOD is one example of a well-positioned protocol. XRP is another,\u201d he stated.\u00a0 Related Reading: John Deaton Bullish On Ripple\u2019s XRP; Analyst Bullish on Pepe and New Token The crypto asset trades at approximately $0.639, indicating a 1.17% decline in the past 24 hours. Its market capitalization is currently at $34,288,273,612, indicating the same percentage decline in the past 24 hours, according to CoinMarketCap. Featured image by iShock, chart by Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":560835,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[7720,90086,79479,10995,12493,90085,1944,4531,10972,78763],"class_list":["post-560834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-blackrock","tag-boringsleuth","tag-ccp","tag-coinmarketcap","tag-dag","tag-dod","tag-etf","tag-xrp","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Turn Around: Price Bounces Back Signaling Upward Trend<\/title>\n<meta name=\"description\" content=\"XRP regained its momentum from this dip signaling an upward trajectory, after unprecedented market whirlwinds.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/uniquehot.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Turn Around: Price Bounces Back Signaling Upward Trend","url":"http:\/\/uniquehot.com\/news\/ripple\/xrp-turn-around-price-bounces-back-signaling-upward-trend\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/xrp-turn-around-price-bounces-back-signaling-upward-trend\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1365598845.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1365598845.jpg?fit=2131%2C1406"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["blackrock","boringsleuth","ccp","coinmarketcap","dag","dod","etf","xrp","xrpusd","xrpusdt"],"dateCreated":"2023-11-15T16:00:55Z","datePublished":"2023-11-15T16:00:55Z","dateModified":"2024-06-11T14:31:11Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Turn Around: Price Bounces Back Signaling Upward Trend\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/xrp-turn-around-price-bounces-back-signaling-upward-trend\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/xrp-turn-around-price-bounces-back-signaling-upward-trend\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1365598845.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1365598845.jpg?fit=2131%2C1406\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"blackrock\",\"boringsleuth\",\"ccp\",\"coinmarketcap\",\"dag\",\"dod\",\"etf\",\"xrp\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-11-15T16:00:55Z\",\"datePublished\":\"2023-11-15T16:00:55Z\",\"dateModified\":\"2024-06-11T14:31:11Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1365598845.jpg?fit=2131%2C1406","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/560834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=560834"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/560834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/560835"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=560834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=560834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=560834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}