XRP could reach a $5 price in the foreseeable future, according to Versluis who highlighted that it is the only asset to have surpassed ETH in market cap. Mason Versluis, notable crypto podcaster and the founder of Gold Squad, remains bullish on XRP. The crypto influencer recently implied that the asset has the potential to The post XRP to Hit $5 Being the Only Asset to Surpass ETH’s Market Cap first appeared on The Crypto Basic .
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XRP Sees Largest Address Activity Spikes as It Stages First Breakaway in 9 Months
The last time XRP witnessed a similar address activity surge was in March of this year, which resulted in an impressive 45% rally a few days later. XRP just witnessed its second and third largest address activity spikes of all time in the past 2 days. These spikes have occurred as XRP decouples from the The post XRP Sees Largest Address Activity Spikes as It Stages First Breakaway in 9 Months first appeared on The Crypto Basic .
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XRP Price Prediction: Rally Gathers Pace, $0.55 Target In Sight
Ripple’s token price is rising above the $0.50 resistance against the US Dollar. XRP price might continue to rise toward the $0.525 and $0.550 resistance levels. Ripple’s token price started a fresh increase above the $0.480 resistance against the US dollar. The price is now trading above $0.50 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.4910 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might continue to rise toward the $0.525 and $0.550 resistance levels. Ripple’s Token Price Rallies 5% In the past few days, Ripple’s XRP saw a decent increase from the $0.420 support against the US Dollar. It outperformed Bitcoin and Ethereum to move into a bullish zone. There was a clear move above the $0.475 and $0.480 resistance levels. It even surpassed $0.500. A high is formed near $0.5047 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $0.4433 swing low to the $0.5047 high. XRP price is also trading above $0.50 and the 100 simple moving average (4 hours). Besides, there is a key bullish trend line forming with support near $0.4910 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com Initial resistance is near the $0.5050 zone. The first major resistance is near the $0.525 level. A successful break above the $0.525 resistance level might send the price toward the $0.550 resistance. Any more gains might call for a test of the $0.585 resistance. Are Dips Limited in XRP? If ripple fails to clear the $0.505 resistance zone, it could start a downside correction. Initial support on the downside is near the $0.491 zone and the trend line. The next major support is near $0.474 or the 50% Fib retracement level of the upward move from the $0.4433 swing low to the $0.5047 high. If there is a downside break and a close below the $0.474 level, XRP’s price could extend losses. In the stated case, the price could test the $0.450 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now in the overbought zone. Major Support Levels – $0.491, $0.474, and $0.450. Major Resistance Levels – $0.505, $0.525, and $0.550.
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Cardano (ADA) Price Analysis: Recovery Could Gain Pace Above $0.385
ADA price is showing positive signs above the $0.3720 zone against the US Dollar. The price is now trading above $0.375 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.3700 on the 4-hours chart (data feed via Coinbase). The price could gain ... The post Cardano (ADA) Price Analysis: Recovery Could Gain Pace Above $0.385 appeared first on Live Bitcoin News .
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Metacade and PUBG Mobile Consider Launching Metaverse Games
Metaverse games represent a groundbreaking development within the world of gaming. They combine blockchain-integrated financial rewards and vast virtual reality landscapes to deliver a gaming experience like no other. One of the most highly anticipated new metaverse games is Metacade (MCADE), which raised a total of $16.4 million during its native token presale. The sector ... Read more
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Web3’s First P2P Betting Site, Chancer, Announces New Crypto Presale Event
New crypto presales are rarely as exciting as Chancer (CHANCE), which will offer a brand new way to make bets using blockchain technology. While most bookmakers have direct control over the process of setting odds, Chancer aims to give more power back to users in a novel peer-to-peer (P2P) betting solution. Chancer could be one ... Read more
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Texas holds its breath as lawmakers grapple with controversial bills
The 88th legislative session of the Texas government is set to end on May 29 without resolving certain bills related to the digital asset space. One such bill, Senate Bill 1751, which aims to impose restrictions on crypto mining firms, was moved to the Committee on State Affairs on April 24 after being passed in ... Read more
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Regulators getting strict on crypto, are hybrid exchanges like Tradecurve the future?
Cryptocurrencies have been gaining popularity over the past decade, with more and more people investing in them. However, regulators worldwide are getting strict on crypto, with some countries even banning them altogether. Because of this, many centralized exchanges (CEX) are having trouble maintaining their user base and cash flow, causing them to close operations. And ... Read more
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