Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

2025-06-01

This hot new Altcoin in Defi is running the heads

2025-06-01

Bitcoin Leads, Altcoins lay – Analyze whether the trend is here to stay

2025-06-01
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

    2025-06-01

    Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

    2025-06-01

    Hodooi and Ice Open Network are a powerful alliance for Web3 Social Expansion

    2025-05-31

    Transition to an internet supported by people

    2025-05-31

    Disney+ Unlocks Web3 for 150m+ users with new perks program Driven by Dapper Labs

    2025-05-31
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    American authorities charge six people in connection with alleged $ 66,000,000 Food Stamp -Fraud schedule

    2025-05-31

    American authorities punish the Philippines-based company for alleged computer infrastructure for crypto pig breaking stop

    2025-05-30

    FBI is looking for victims who are connected to FunNull Pig Butching Crypto Investment SCAM

    2025-05-30

    JPMorgan Chase received a fine of $ 566,082 due to alleged not responding to regulator during the energy crisis

    2025-05-30

    SEC -OFFICE LIGHTS THE POW FOR ETHEREUM Turn off in ETFs

    2025-05-30
  • Analysis

    Cronos Tart Crypto Market Downtick on Friday as asset manager Canary Capital Files for CRO ETF

    2025-05-31

    XRP multi-time frame breakdown: here comes what is there

    2025-05-31

    XRP -Price risks crash under $ 2 if the correction holds, here is why

    2025-05-31

    XRP price objectives recovery – signs of strength arise

    2025-05-31

    Bitcoin – Price extends losses – Is more disadvantage on the horizon?

    2025-05-31
  • Learn

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»XRP rises towards range high – time to go long?
Altcoins

XRP rises towards range high – time to go long?

2023-10-20No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Disclaimer: The information presented does not constitute financial, investment, trading or other advice and is solely the opinion of the author.

  • The rising bullish sentiment translated into an 8.5% gain for XRP over the past day.
  • A rise in Open Interest could trigger a bullish rally.

Ripple [XRP] extended its range-bound move with an 8.5% recovery against the $0.48 price zone. This pushed XRP past the $0.5 midpoint and could serve as a catalyst for a bullish breakout from the price range.


How much is 1, 10 or 100 XRP worth today?


AMBCrypto’s previous price analysis highlighted growing bullish sentiment, with Open Interest and Spot CVD rising higher.

Therefore Bitcoin [BTC] A quick rally above $29,000, along with the Securities Exchange Commission dropping the lawsuit against Ripple executives, sparked a bullish reaction in the market. Is this what XRP needs to make a bullish run?

Consolidation of gains above $0.5 could trigger a bullish rally

Ripple XRP price chart

Source: XRP/USDT on trading view

The bullish bias was clearly visible in the market, with the CMF (Chaikin Money Flow) moving into positive territory with a reading of +0.12. This indicated good capital inflows into XRP as buyers looked to ride the wave of optimism surrounding the altcoin.

With prices trading above the mid-range $0.5, a candle closing above the mid-range on the higher time frames could spur more buyers into action. If the upper threshold of $0.556 is removed, it would pave the way for a strong rally towards the $0.6 to $0.65 price zone.

Meanwhile, the RSI (Relative Strength Index) showed increasing buying pressure. It climbed above the neutral 50s last day and recorded a reading of 65 at the time of writing.

See also  How do traders respond to the purchase of $ 62 million of $ 62 million?

Read Ripple’s [XRP] Price forecast 2023-24


The bullish conviction on the futures market is being strengthened

Source: Coinalyse

The rise in Open Interest (OI) reiterated the bullish bias on XRP. According to Coinalysethe OI has risen by 15.6% in the past 24 hours. This took it from $363 million to $409 million at the time of writing. A rise in OI and price is usually a strong signal of further bullish gains.

Moreover, spot CVD, which started rising on October 9, continued to rise. This showed that there was continued demand for XRP, which could provide additional profits for buyers in the short term.

Source link

high long Range Rises Time XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

This hot new Altcoin in Defi is running the heads

2025-06-01

Mantra for $ 0.32 If whaling leaves intensification: is to be at a turning point?

2025-05-31

XRP set for price lighting, but only if bulls defend the key of $ 2.13.

2025-05-31

XRP multi-time frame breakdown: here comes what is there

2025-05-31
Add A Comment

Comments are closed.

Top Posts

Crypto Tanked (But We’re Still Bullish…Here’s Why)

2024-04-03

OKX Releases Exclusive Manchester City Limited Edition NFT Collection

2023-06-14

Crypto Week Ahead: Is $70K Next for BTC? Fed Rates, US Elections Tell You…

2024-10-22
Editors Picks

Top Reasons Why XRP Price Might Soon Hit $1

2023-07-28

Ethereum: Analyze the impact of $ 14.27 million whale action on ETH prices

2025-03-27

Socios.com works together with Ninjas in Pajamas to redefine the involvement of fans with web3

2025-05-15

peaq collaborates with Olas and Nevermined

2024-06-12

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Binance and Pakistan IT ministerie Rollen Blockchain Education Program out for 80,000 students

This hot new Altcoin in Defi is running the heads

Bitcoin Leads, Altcoins lay – Analyze whether the trend is here to stay

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,318.990.72%
  • ethereumEthereum(ETH)$2,505.39-0.64%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.151.07%
  • binancecoinBNB(BNB)$653.04-0.11%
  • solanaSolana(SOL)$154.15-0.34%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.1897980.38%
  • tronTRON(TRX)$0.268311-0.19%
  • cardanoCardano(ADA)$0.670.63%
  • suiSui(SUI)$3.252.77%
  • hyperliquidHyperliquid(HYPE)$32.302.49%
  • chainlinkChainlink(LINK)$13.850.78%
  • avalanche-2Avalanche(AVAX)$20.652.38%
  • stellarStellar(XLM)$0.2654231.68%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-0.72%
  • bitcoin-cashBitcoin Cash(BCH)$402.450.00%
  • the-open-networkToncoin(TON)$3.142.12%
  • shiba-inuShiba Inu(SHIB)$0.0000131.82%
  • hedera-hashgraphHedera(HBAR)$0.1676142.71%
  • litecoinLitecoin(LTC)$86.641.93%
  • polkadotPolkadot(DOT)$4.041.12%
  • moneroMonero(XMR)$326.29-1.00%
  • bitget-tokenBitget Token(BGB)$4.67-2.48%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • daiDai(DAI)$1.00-0.01%
  • pepePepe(PEPE)$0.0000121.97%
  • piPi(PI)$0.642.85%
  • uniswapUniswap(UNI)$6.151.41%
  • bittensorBittensor(TAO)$427.886.06%
  • aaveAave(AAVE)$241.38-3.35%
  • okbOKB(OKB)$50.08-0.41%
  • aptosAptos(APT)$4.731.70%
  • nearNEAR Protocol(NEAR)$2.41-0.10%
  • crypto-com-chainCronos(CRO)$0.103204-0.11%
  • ondo-financeOndo(ONDO)$0.831.83%
  • internet-computerInternet Computer(ICP)$4.882.56%
  • ethereum-classicEthereum Classic(ETC)$16.840.72%
  • gatechain-tokenGateToken(GT)$19.330.35%
  • mantleMantle(MNT)$0.681.33%
  • kaspaKaspa(KAS)$0.0849881.48%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.143.67%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2126072.71%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • vechainVeChain(VET)$0.0240592.11%
  • render-tokenRender(RENDER)$3.914.14%
  • ethenaEthena(ENA)$0.3091431.74%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.741.00%
  • worldcoin-wldWorldcoin(WLD)$1.12-2.04%
  • filecoinFilecoin(FIL)$2.552.08%
  • bitcoinBitcoin(BTC)$104,318.990.72%
  • ethereumEthereum(ETH)$2,505.39-0.64%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.151.07%
  • binancecoinBNB(BNB)$653.04-0.11%
  • solanaSolana(SOL)$154.15-0.34%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.1897980.38%
  • tronTRON(TRX)$0.268311-0.19%
  • cardanoCardano(ADA)$0.670.63%
  • suiSui(SUI)$3.252.77%
  • hyperliquidHyperliquid(HYPE)$32.302.49%
  • chainlinkChainlink(LINK)$13.850.78%
  • avalanche-2Avalanche(AVAX)$20.652.38%
  • stellarStellar(XLM)$0.2654231.68%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-0.72%
  • bitcoin-cashBitcoin Cash(BCH)$402.450.00%
  • the-open-networkToncoin(TON)$3.142.12%
  • shiba-inuShiba Inu(SHIB)$0.0000131.82%
  • hedera-hashgraphHedera(HBAR)$0.1676142.71%
  • litecoinLitecoin(LTC)$86.641.93%
  • polkadotPolkadot(DOT)$4.041.12%
  • moneroMonero(XMR)$326.29-1.00%
  • bitget-tokenBitget Token(BGB)$4.67-2.48%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • daiDai(DAI)$1.00-0.01%
  • pepePepe(PEPE)$0.0000121.97%
  • piPi(PI)$0.642.85%
  • uniswapUniswap(UNI)$6.151.41%
  • bittensorBittensor(TAO)$427.886.06%
  • aaveAave(AAVE)$241.38-3.35%
  • okbOKB(OKB)$50.08-0.41%
  • aptosAptos(APT)$4.731.70%
  • nearNEAR Protocol(NEAR)$2.41-0.10%
  • crypto-com-chainCronos(CRO)$0.103204-0.11%
  • ondo-financeOndo(ONDO)$0.831.83%
  • internet-computerInternet Computer(ICP)$4.882.56%
  • ethereum-classicEthereum Classic(ETC)$16.840.72%
  • gatechain-tokenGateToken(GT)$19.330.35%
  • mantleMantle(MNT)$0.681.33%
  • kaspaKaspa(KAS)$0.0849881.48%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.143.67%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2126072.71%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • vechainVeChain(VET)$0.0240592.11%
  • render-tokenRender(RENDER)$3.914.14%
  • ethenaEthena(ENA)$0.3091431.74%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.741.00%
  • worldcoin-wldWorldcoin(WLD)$1.12-2.04%
  • filecoinFilecoin(FIL)$2.552.08%