Will Powell’s Speech Delay XRP Price Surge to $1.3?

Quick Summary:

XRP price breakout and rally to $1.3 could be delayed after Federal Reserve Chair Jerome Powell’s controversial remarks during his speech on Thursday.

While this is not a direct jab at Ripple, any perceived political interference could create market volatility, affecting investor sentiment and potentially impacting the crypto market, which XRP is a part of.

The RSI also points upward, showing that buying pressure could be building to propel the price.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: IndiaUnited States

Topics: XRP price Price Analysis XRP price analysis XRP

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 08:56:04 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23468999

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions