Crypto Outlooks
  • Bitcoin
  • Ethereum
  • Altcoins
  • Price Analysis
  • Exchanges
  • NFT
  • DeFi
  • Glossary
No Result
View All Result
Crypto Outlooks
No Result
View All Result
Home Price Analysis

XRP may reach $1 if it surpasses crucial resistance level

Gary Flanders by Gary Flanders
2 years ago
XRP may reach $1 if it surpasses crucial resistance level

In recent weeks, Ripple (XRP) has emerged as a top-performing cryptocurrency, with its ongoing legal battle with the SEC playing a pivotal role in its surge. Additionally, XRP’s price has shattered critical resistance levels, generating sustained interest from investors.

The surge in investor interest has propelled XRP to a remarkable milestone, with a staggering inflow of $8.85 billion in market cap over the past month. As per the latest figures from CoinMarketCap, the remittance token’s market cap stands at an impressive $26,521,274,557. Despite a minor setback of 1.38% in the last 24 hours, XRP is currently trading at $0.5132. These numbers are a testament to investors’ growing confidence in XRP’s potential and its ability to deliver consistent returns.

Related

Trump Backs Crypto at Bitcoin Conf; Ethereum Eyes $4454 in 2024

Shiba Inu (SHIB) Shows Resilience Amid Market Volatility

According to recent CoinMarketCap data, XRP’s market cap has experienced a remarkable growth of nearly 49% in the past month, reaching approximately $18.07 billion as of March 17, 2023. This surge in buying activity has also allowed XRP’s price to surpass the challenging $0.50 resistance level, which had proven unyielding for most of 2023.

Currently, XRP is setting its sights on the coveted $1 price point. Nevertheless, there are a few hurdles that the asset must surmount before it can attain this significant milestone. If XRP’s price trajectory continues its upward trend, the altcoin must surpass the $0.60 threshold next to pave the way for a potential $1 valuation shortly.

Daily chart for XRP/USDT
Daily chart for XRP/USDT (Source: TradingView)

XRP’s value is striving to surpass the $0.52 resistance level. Yet, this endeavor may fall short, as the daily RSI has recently indicated a bearish trend. The daily RSI line has crossed below the daily RSI SMA line, signaling a potential downturn.

Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.

Tags: Price AnalysisXRP
TweetShareShare
Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

Read also

Trump Backs Crypto at Bitcoin Conf; Ethereum Eyes $4454 in 2024
Ethereum

Trump Backs Crypto at Bitcoin Conf; Ethereum Eyes $4454 in 2024

by Ian Pittman
11 months ago
Shiba Inu (SHIB) Shows Resilience Amid Market Volatility
Price Analysis

Shiba Inu (SHIB) Shows Resilience Amid Market Volatility

by Gary Flanders
1 year ago
Bitcoin Under $69K; Notcoin and Toncoin See Major Gains
Altcoins

Bitcoin Under $69K; Notcoin and Toncoin See Major Gains

by Ian Pittman
1 year ago
Ethereum Price Soars 17% as SEC Signals Potential ETF Approval
Ethereum

Ethereum Price Soars 17% as SEC Signals Potential ETF Approval

by Ian Pittman
1 year ago
Bitcoin Surges Past $66K, Eyes $70K Amid Bullish Market
Bitcoin

Bitcoin Surges Past $66K, Eyes $70K Amid Bullish Market

by Gary Flanders
1 year ago
XRP (XRP)
5.02%
$ 2.17
$ 0.108934
⇣ 2.16
1 Jul
⇡ 2.27
Crypto Outlooks

Get insights on market trends, new developments, and expert analysis to help you make informed investment decisions.

Browse by Category

  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • Exchanges
  • NFT
  • Price Analysis

Get Instant Notifications

Subscribe to our mailing list to receives latest updates direct to your inbox!

*we hate spam as much as you do

  • Glossary
  • Privacy Policy
  • Get in Touch

© 2025 CryptoOutlooks.com

No Result
View All Result
  • Bitcoin
  • Ethereum
  • Altcoins
  • Price Analysis
  • Exchanges
  • NFT
  • DeFi
  • Glossary

© 2025 CryptoOutlooks.com