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XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Triger Buyers

NewsBTC LogoNewsBTC13h ago

XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Triger Buyers - NewsBTC

Quick Summary:

Related Reading: Solana (SOL) Could Go Parabolic’ Once It Breaks $200 Resistance – Analyst The $0.65 level holds substantial psychological and technical importance, and a successful breakout would likely shift market sentiment in favor of a sustained uptrend.

According to Tony, reclaiming $0.65 would signal that bulls are back in control, setting the stage for a potential rally.  In his analysis, Tony suggests that if XRP breaks through this resistance, it could push the price to a new target of $0.92—a significant 40% surge from current levels.

Price Action: Key Levels To Watch  XRP is trading at $0.63 after months of volatile price action marked by aggressive pumps and discouraging dumps.The $0.65 level has acted as a daily resistance since early 2023 and was previously a key demand level, offering support from April 2021 to May 2022.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 19:00:27 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 64 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 22842226

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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Publisher ID: #102

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