Saturday, August 23, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    NFT market cap drops by $1.2B as Ether rally loses steam

    NFT market cap drops by $1.2B as Ether rally loses steam

    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

  • Gaming
    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    NFT market cap drops by $1.2B as Ether rally loses steam

    NFT market cap drops by $1.2B as Ether rally loses steam

    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

  • Gaming
    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Altcoins

Is XRP’s price set for a major rally? This bullish pattern could be key…

June 15, 2024
in Altcoins
33
Is XRP’s price set for a major rally? This bullish pattern could be key…
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • XRP’s Fear and Greed index flashed ‘fear’
  • Market indicators and metrics pointed to a trend reversal

Most cryptos had a rough week as their weekly charts remained red, and XRP was no different. The drop in price might have sparked fear among investors too. However, things can take a U-turn in the coming days as a bullish pattern seems to be appearing on the token’s daily chart. 

A bull pattern on XRP’s chart

According to CoinMarketCap, XRP investors didn’t earn profits last week as the token’s price dropped by more than 4%. At the time of writing, the altcoin was trading at $0.4775 with a market capitalization of over $26.5 billion. Thanks to the price drop, XRP’s profit supply in profit also plummeted sharply.

At press time, only 69.8 billion tokens were in profit. However, investors must not lose hope as XRP might be getting ready for a pump. In fact, AMBCrypto’s analysis revealed that a bullish falling wedge pattern has emerged on the token’s chart. 

Falling wedge pattern on XRP's chart

Source: TradingView

XRP’s price entered the pattern after its massive price fall in mid-April. Since then, the token has consolidated inside the falling wedge. At press time, it was preparing for an uptrend, which might result in a breakout above the pattern. A successful breakout might allow XRP to recover its April losses.

In fact, if everything falls into place, then XRP might soon retest its March highs too. 

Is a bull rally inevitable?

AMBCrypto then analyzed Santiment’s data to see whether metrics supported the possibility of a bullish breakout. We found that XRP’s MVRV ratio was at its lowest point in the last 30 days, which might trigger a bull rally.

See also  Bitcoin held by long-term holders rally - A sign of growing confidence?

Its supply on exchanges dipped too, meaning that investors used the opportunity to buy more tokens. Additionally, whale activity around XRP also remained relatively high, with the same evidenced by its whale transaction count.

XRP's supply on exchanges dropped

Source: Santiment

Additionally, AMBCrypto found that at press time, XRP’s fear and greed index had a value of 37%, meaning that the market was in a “fear” phase. Whenever the metric hits that level, it indicates that the chances of a trend reversal are high.

We then analyzed the token’s daily chart to better understand what to expect from it in the coming days. AMBCrypto found that XRP’s price has touched the lower limit of the Bollinger Bands, which often results in price upticks. 


Realistic or not, here’s XRP’s market cap in BTC terms  


Moreover, both its Relative Strength Index (RSI) and Chaikin Money Flow (CMF) registered slight upticks.

These indicators suggested that the chances of a bullish trend reversal were high. Worth noting, however, that the MACD remained in the sellers’ favor as it projected a bearish advantage across the market. 

Source: TradingView

Next: Spot Ethereum ETFs by 2 July? Analyst makes this bold prediction!

READ ALSO

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

  • XRP’s Fear and Greed index flashed ‘fear’
  • Market indicators and metrics pointed to a trend reversal

Most cryptos had a rough week as their weekly charts remained red, and XRP was no different. The drop in price might have sparked fear among investors too. However, things can take a U-turn in the coming days as a bullish pattern seems to be appearing on the token’s daily chart. 

See also  Ethereum Price Could Regain Strength If It Clears This Key Hurdle

A bull pattern on XRP’s chart

According to CoinMarketCap, XRP investors didn’t earn profits last week as the token’s price dropped by more than 4%. At the time of writing, the altcoin was trading at $0.4775 with a market capitalization of over $26.5 billion. Thanks to the price drop, XRP’s profit supply in profit also plummeted sharply.

At press time, only 69.8 billion tokens were in profit. However, investors must not lose hope as XRP might be getting ready for a pump. In fact, AMBCrypto’s analysis revealed that a bullish falling wedge pattern has emerged on the token’s chart. 

Falling wedge pattern on XRP's chart

Source: TradingView

XRP’s price entered the pattern after its massive price fall in mid-April. Since then, the token has consolidated inside the falling wedge. At press time, it was preparing for an uptrend, which might result in a breakout above the pattern. A successful breakout might allow XRP to recover its April losses.

In fact, if everything falls into place, then XRP might soon retest its March highs too. 

Is a bull rally inevitable?

AMBCrypto then analyzed Santiment’s data to see whether metrics supported the possibility of a bullish breakout. We found that XRP’s MVRV ratio was at its lowest point in the last 30 days, which might trigger a bull rally.

Its supply on exchanges dipped too, meaning that investors used the opportunity to buy more tokens. Additionally, whale activity around XRP also remained relatively high, with the same evidenced by its whale transaction count.

XRP's supply on exchanges dropped

Source: Santiment

Additionally, AMBCrypto found that at press time, XRP’s fear and greed index had a value of 37%, meaning that the market was in a “fear” phase. Whenever the metric hits that level, it indicates that the chances of a trend reversal are high.

See also  Bitcoin whales continue to accumulate despite price declines - Why?

We then analyzed the token’s daily chart to better understand what to expect from it in the coming days. AMBCrypto found that XRP’s price has touched the lower limit of the Bollinger Bands, which often results in price upticks. 


Realistic or not, here’s XRP’s market cap in BTC terms  


Moreover, both its Relative Strength Index (RSI) and Chaikin Money Flow (CMF) registered slight upticks.

These indicators suggested that the chances of a bullish trend reversal were high. Worth noting, however, that the MACD remained in the sellers’ favor as it projected a bearish advantage across the market. 

Source: TradingView

Next: Spot Ethereum ETFs by 2 July? Analyst makes this bold prediction!
Tags: BullishkeyMajorPatternPricerallysetXRPs

Related Posts

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor
Altcoins

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

June 25, 2024
Toncoin heats up: What does $398M in trading volume indicate?
Altcoins

Toncoin heats up: What does $398M in trading volume indicate?

June 25, 2024
Another $600M Exits, Price Drops Lower
Altcoins

Another $600M Exits, Price Drops Lower

June 25, 2024
Bitcoin faces downward pressure as Mt. Gox prepares for repayments
Altcoins

Bitcoin faces downward pressure as Mt. Gox prepares for repayments

June 25, 2024
XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?
Altcoins

XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?

June 24, 2024
True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares
Altcoins

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

June 24, 2024
Next Post
NFT sales: Bitcoin’s $43M vs. Ethereum’s $40M and that means…

NFT sales: Bitcoin's $43M vs. Ethereum's $40M and that means...

Comments 33

  1. Ashlee Jungquist says:
    5 months ago

    I’m extremely impressed along with your writing abilities as smartly as with the layout on your weblog. Is that this a paid topic or did you customize it your self? Anyway stay up the nice quality writing, it is rare to look a nice blog like this one today..

    Reply
  2. crypto mining says:
    3 months ago

    Great web site. A lot of useful information here. I am sending it to a few friends ans also sharing in delicious. And of course, thanks for your sweat!

    Reply
  3. open source blockchain lottery says:
    3 months ago

    Good blog! I really love how it is simple on my eyes and the data are well written. I’m wondering how I might be notified when a new post has been made. I’ve subscribed to your feed which must do the trick! Have a nice day!

    Reply
  4. 9yg3j says:
    3 months ago

    where can i buy generic clomiphene no prescription where to get clomiphene can i buy generic clomid no prescription can i purchase cheap clomid for sale cost of cheap clomiphene for sale cost of clomiphene tablets cost cheap clomid online

    Reply
  5. what are cialis pills says:
    3 months ago

    More articles like this would make the blogosphere richer.

    Reply
  6. rok60 says:
    2 months ago

    purchase azithromycin for sale – floxin 400mg over the counter buy metronidazole 400mg online

    Reply
  7. 5r9gi says:
    2 months ago

    buy domperidone generic – generic motilium 10mg buy cheap generic flexeril

    Reply
  8. atomic wallet says:
    2 months ago

    I conceive other website proprietors should take this website as an example , very clean and great user genial design and style.

    Reply
  9. cm6v8 says:
    2 months ago

    inderal 10mg drug – order methotrexate for sale methotrexate 5mg sale

    Reply
  10. l5i0h says:
    2 months ago

    buy generic augmentin over the counter – https://atbioinfo.com/ ampicillin medication

    Reply
  11. uoaoi says:
    2 months ago

    coumadin pill – anticoagulant buy losartan 25mg online

    Reply
  12. Harley Bodensteiner says:
    2 months ago

    I needed to put you the very small remark to thank you as before with the remarkable basics you have shared at this time. This is so incredibly generous with people like you to offer unhampered what exactly many of us could have marketed for an ebook to help with making some dough on their own, notably considering that you could have done it in the event you decided. These good tips additionally worked to be a fantastic way to know that many people have similar fervor just like mine to find out much more with respect to this problem. I know there are many more pleasurable sessions in the future for individuals that check out your website.

    Reply
  13. x5444 says:
    2 months ago

    order prednisone 5mg online – https://apreplson.com/ deltasone 20mg cost

    Reply
  14. 9oora says:
    2 months ago

    buy erectile dysfunction medications – https://fastedtotake.com/ buy erectile dysfunction pills

    Reply
  15. s0uag says:
    2 months ago

    amoxil price – https://combamoxi.com/ cheap amoxil pills

    Reply
  16. u73lw says:
    1 month ago

    buy fluconazole 100mg for sale – click diflucan 100mg price

    Reply
  17. 6oqfg says:
    1 month ago

    cenforce 100mg without prescription – https://cenforcers.com/# oral cenforce 50mg

    Reply
  18. qgagz says:
    1 month ago

    tadalafil walgreens – https://ciltadgn.com/# where to buy generic cialis ?

    Reply
  19. Connielet says:
    1 month ago

    order generic zantac 150mg – ranitidine 150mg for sale buy ranitidine 300mg online cheap

    Reply
  20. 8ypq6 says:
    1 month ago

    cialis bestellen deutschland – https://strongtadafl.com/# letairis and tadalafil

    Reply
  21. Connielet says:
    1 month ago

    This is the tolerant of post I turn up helpful. viagra 5 mg es suficiente

    Reply
  22. j647b says:
    1 month ago

    viagra buy tesco – this buy viagra mumbai

    Reply
  23. orv0e says:
    1 month ago

    The sagacity in this serving is exceptional. where to buy lasix without a prescription

    Reply
  24. Connielet says:
    1 month ago

    Proof blog you be undergoing here.. It’s obdurate to find elevated calibre article like yours these days. I honestly appreciate individuals like you! Withstand care!! https://ursxdol.com/augmentin-amoxiclav-pill/

    Reply
  25. ua79o says:
    1 month ago

    This website absolutely has all of the information and facts I needed about this case and didn’t comprehend who to ask. https://prohnrg.com/product/omeprazole-20-mg/

    Reply
  26. 5g and 6g technology says:
    1 month ago

    I’m curious to find out what blog platform you have been working with? I’m experiencing some small security problems with my latest site and I would like to find something more safe. Do you have any solutions?

    Reply
  27. 1pdiw says:
    1 month ago

    Good blog you have here.. It’s intricate to assign strong worth belles-lettres like yours these days. I justifiably comprehend individuals like you! Go through guardianship!! aranitidine.com

    Reply
  28. Connielet says:
    3 weeks ago

    Proof blog you be undergoing here.. It’s severely to on high quality article like yours these days. I truly comprehend individuals like you! Take vigilance!! https://ondactone.com/spironolactone/

    Reply
  29. Connielet says:
    2 weeks ago

    I’ll certainly return to be familiar with more.
    https://proisotrepl.com/product/clopidogrel/

    Reply
  30. Connielet says:
    1 week ago

    With thanks. Loads of conception! http://forum.ttpforum.de/member.php?action=profile&uid=424434

    Reply
  31. link toto says:
    6 days ago

    Incredible! This blog looks just like my old one! It’s on a totally different topic but it has pretty much the same page layout and design. Outstanding choice of colors!

    Reply
  32. Connielet says:
    2 days ago

    buy dapagliflozin 10mg sale – on this site buy dapagliflozin pills for sale

    Reply
  33. poker idn says:
    2 days ago

    I truly appreciate this post. I?¦ve been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Bitcoin lightning network hacker launches “Brollups” – Here’s more!

Bitcoin lightning network hacker launches “Brollups” – Here’s more!

June 24, 2024
Social News Site Digg Returning From Moonbirds, Reddit Founders—With an AI Twist

Social News Site Digg Returning From Moonbirds, Reddit Founders—With an AI Twist

March 5, 2025
Helius Labs CEO Slams Zk Compression For Crypto Slump

Helius Labs CEO Slams Zk Compression For Crypto Slump

July 6, 2024
Ethereum’s demand soars to 13-month high: Is this why?

Ethereum’s demand soars to 13-month high: Is this why?

January 18, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • What Is Impermanent Loss? How It Works, and How to Avoid It
  • What Is an Algorithmic Stablecoin? How It Works and Why It Matters
  • Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.