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TimesTabloid 2025-05-14 10:19:05

Fresh XRP Rally Incoming. Here’s What This Bullish Indicator On Binance Says

Fresh XRP Rally Incoming. Here’s What This Bullish Indicator On Binance Says

Vincent Van Code (@vincent_vancode), a well-known software engineer and respected figure in the XRP community, pointed to bullish signs in the market as XRP continued its upward trend. In a recent post, he noted there are currently no major sell walls for XRP on Binance, and emphasized that with a global 24-hour volume of $10.5 billion traded, the market appears “primed for further upward momentum.” No major sell walls for XRP/USDT on Binance. With global 24h volume of $10.5B traded, I'd say we primed for further upward momentum. I won't bother with TA, as I have stated many times it too manipulated, and yes the order book is also, but it's the best it's looked in ages. pic.twitter.com/WY8JMCzjMr — Vincent Van Code (@vincent_vancode) May 13, 2025 While he dismissed technical analysis as overly manipulated, Van Code acknowledged that while the order book has similar problems, its current state is “the best it’s looked in ages.” Van Code attached a chart that reinforces his point. It confirms that resistance levels on Binance’s order books have thinned, with fewer large sell orders acting as a barrier. As liquidity builds and volume remains high, XRP’s current trajectory shows potential for continuation. XRP On the Rise Again At press time, XRP traded at $2.55, representing a 20.44% increase over the past week. This climb began shortly after President Donald Trump announced a major trade agreement between the United States and the United Kingdom. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The deal is a significant geopolitical development, and the market reacted favorably almost immediately. Investor confidence has increased, not only in traditional sectors but also in digital assets with strong global utility like XRP. The timing of Van Code’s post adds weight to the market outlook. With the announcement acting as a macroeconomic catalyst, the absence of significant sell-side resistance could mean that XRP is well-positioned for further gains. If the current momentum sustains, the asset may be able to challenge and potentially break through larger historical resistance levels. Potential to Surpass $3.36 The $3.36 mark represents a key level for XRP. The asset reached a multi-year high of $3.39 in January, and showed resilience, closing the month above $3 for the first time . However, market pressures pulled it down in February, and it has yet to recover the $3 level. One community member pointed to sell orders at $3.36, suggesting XRP will hit that level. This level is even more notable because the absence of major sell order clusters suggests this level will not be a barrier. With global volume remaining high and major exchanges like Binance showing minimal near-term resistance, XRP could test and even surpass this level soon. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Fresh XRP Rally Incoming. Here’s What This Bullish Indicator On Binance Says appeared first on Times Tabloid .

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