![How to Nail First-Party Data Strategy According to a Google Director of Product Management [+ New Data]](https://www.hubspot.com/hubfs/first-party-data-strategy.webp)
Examining the odds of XRP hiking by 50% to re-test its March levels again
The post Examining the odds of XRP hiking by 50% to re-test its March levels again appeared on BitcoinEthereumNews.com. XRP’s price appreciated by more than 10% in the last 24 hours Metrics revealed that buying pressure on the token was high XRP‘s performance over the last 24 hours has been remarkable, with its value surging by double digits. In fact, the latest price push allowed the token to break above a critical resistance level, one which could result in a further price hike in the coming days. Hence, it’s worth looking at whether metrics supported the case for a sustained bull run. XRP is pumping World Of Charts, a popular crypto analyst, recently shared a tweet highlighting an interesting development. According to the same, a bullish falling wedge pattern appeared on the token’s price chart. The token has been consolidating inside the pattern after reaching its March heights. XRP’s price hiked by more than 18% in the last seven days. In the last 24 hours alone, the token’s value surged by over 10%. At the time of writing, XRP was trading at $0.5144 with a market capitalization of over $28 billion, making it the 7th largest crypto. Thanks to the aforementioned price action, the token managed to break above this bullish pattern. If the token continues to test the pattern, then investors might see a rise of more than 50% in XRP’s value in the coming days. What do the metrics say? AMBCrypto’s analysis of Santiment’s data revealed that buying pressure on the token has been high. This seemed to be the case, as its exchange outflows spiked sharply too. The fact that buying pressure on XRP was high was further proven by the decline in its supply on exchanges, meaning that investors are now accumulating more tokens. Whale activity around XRP was also high – Evidenced by the hike in its whale transaction count. Source: Santiment A look…
The post Examining the odds of XRP hiking by 50% to re-test its March levels again appeared on BitcoinEthereumNews.com.
XRP’s price appreciated by more than 10% in the last 24 hours Metrics revealed that buying pressure on the token was high XRP‘s performance over the last 24 hours has been remarkable, with its value surging by double digits. In fact, the latest price push allowed the token to break above a critical resistance level, one which could result in a further price hike in the coming days. Hence, it’s worth looking at whether metrics supported the case for a sustained bull run. XRP is pumping World Of Charts, a popular crypto analyst, recently shared a tweet highlighting an interesting development. According to the same, a bullish falling wedge pattern appeared on the token’s price chart. The token has been consolidating inside the pattern after reaching its March heights. XRP’s price hiked by more than 18% in the last seven days. In the last 24 hours alone, the token’s value surged by over 10%. At the time of writing, XRP was trading at $0.5144 with a market capitalization of over $28 billion, making it the 7th largest crypto. Thanks to the aforementioned price action, the token managed to break above this bullish pattern. If the token continues to test the pattern, then investors might see a rise of more than 50% in XRP’s value in the coming days. What do the metrics say? AMBCrypto’s analysis of Santiment’s data revealed that buying pressure on the token has been high. This seemed to be the case, as its exchange outflows spiked sharply too. The fact that buying pressure on XRP was high was further proven by the decline in its supply on exchanges, meaning that investors are now accumulating more tokens. Whale activity around XRP was also high – Evidenced by the hike in its whale transaction count. Source: Santiment A look…
What's Your Reaction?
