Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13067
Markets: 101141
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13067
Cryptocurrencies
60.44%
Bitcoin Share
ZyCrypto 2025-03-02 19:10:28

Ripple’s XRP Bulls Show Dominant Presence as Bears Get Rejected at Major 2017-2018 Support Level

Ripple’s XRP Bulls Show Dominant Presence as Bears Get Rejected at Major 2017-2018 Support Level

XRP price action has got the crypto community talking after the third-largest cryptocurrency hit a historic support level. Renowned market analyst Javon Marks called out this development on X, formerly Twitter, and stated , “This Candlestick and Volume combo on XRP should tell it ‘all’. Sellers (Bears) were rejected at a level not seen since perhaps 2017-2018. The bulls showed a dominant presence, so despite the recent price action, they can be coming to dominate.” Source: Javon Marks Interestingly, after XRP hit the $1.9 to $2.0 area, the altcoin experienced a major reversal to the upside, given that bulls came out guns blazing. Therefore, Marks believes this occurred after XRP hit a major and historic 2017-2018 support level. Even though XRP has been trying to break out of the significant resistance level of $2.5 in vain, time will tell whether bulls will carry the day and breach this level. According to CoinGecko data, XRP was down 17.9% in the past week to hit $2.21 . Are Whales Contributing to XRP’s Price Instability? XRP has been experiencing intensified selling pressure, contributing to its price trading below the psychological threshold of $2.7. Whales seem to be the engine behind this trend since they sold more than 370 million XRP in a span of just 96 hours, according to renowned market analyst Ali Martinez. Source: Ali Martinez Despite this bearish momentum, John Reed Stark alluded to the light at the end of the tunnel. The former United States Securities and Exchange Commission (SEC) official recently opined that the agency was on track to dropping its appeal in the Ripple lawsuit. Stark categorically said , “Dropping of the SEC’s Ripple appeal next up for sure.” If this is approved, XRP will be laughing all the way to the bank, based on the bullish momentum expected.

Most Read News



Cryptohopper
Market Cap
24h Vol
60.44%
Bitcoin Share
320
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.