Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 13286
Mercata: 103975
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
America's Social Casino

Mercato
24h Vol
13286
Cryptocurrencies
63.99%
Bitcoin Condividere
ZyCrypto 2025-06-19 22:32:35

Is Ripple’s XRP Repeating Its 2017 Breakout? Here’s Why A 548% Meteoric Rise To $14 Is Likely

Is Ripple’s XRP Repeating Its 2017 Breakout? Here’s Why A 548% Meteoric Rise To $14 Is Likely

The price of Ripple-affiliated cryptocurrency XRP looks ready to rally toward $14 if a technical setup similar to that in 2017 plays out. Should history repeat with a successful breakout higher, XRP will enjoy an over 548% rally from current levels, according to one widely-followed analyst. XRP Current Technical Setup Mirrors The 2017 Price Action XRP has been stuck below the $3 mark since the beginning of February. A fog of uncertainty continues to hang over risk assets, including cryptocurrencies, amid ongoing tensions in the Middle East. Nevertheless, a popular crypto analyst-cum-trader argues that the payments-focused on cryptocurrency could witness a strong rebound from the current level if it mirrors its previous upsurge from 2017. Mikybull noted in a June 16 post on X that XRP’s price performance in the three-week time frame seems to follow a 2017 pattern where a breakout from a bull pennant sparked a more than 1,200% jump to its current record highs of around $3.40. Bull pennants are bullish continuation patterns that form as the price consolidates in a triangle-like range after a strong upside move. In other words, they resolve after the price breaks out in the direction of its previous uptrend. On the weekly chart, XRP has been trending inside a similar technical structure. “I have seen this movie before. 2017 rally vibes coming up,” the analyst postulated. Theoretically, a bull pennant breakout raises the price by as much as the size of the previous uptrend. Therefore, XRP’s bull pennant breakout can propel the price toward the elusive $14 threshold. That would mean a 548% price rally. Bullish Fundamentals XRP’s bullish technical setup receives further cues from fundamental data, including speculation around a spot XRP ETF. As ZyCrypto reported earlier, the Purpose XRP ETF, with the ticker XRPP, is scheduled to start trading on the Toronto Stock Exchange on June 18. Meanwhile, similar spot funds await approval from the U.S. Securities and Exchange Commission, which recently gave the regulatory nod to three XRP futures-based ETFs. The number of whale wallets holding huge amounts of XRP has notably surged to an all-time high, signaling strong confidence in the cryptocurrency’s future price prospects. “There are now over 2,700 whale & shark wallets holding at least 1M XRP for the first time in the asset’s 12-plus-year history,” crypto analysis firm Santiment said in a post on X. In addition, the number of active XRP addresses has averaged over 295,000 per day over the past week, dramatically higher than the average of 35,000-40,000 over the last three months.

La maggior parte ha letto le notizie

Moralis Money
Mercato
24h Vol
63.99%
Bitcoin Condividere
0
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta