XRPThe native cryptocurrency powering Ripple’s global blockchain-based payment system has jumped nearly 4.0% from a monthly low printed under $0.3750 on Wednesday. The cryptocurrency was changing hands last Thursday for just under $0.39 per coin, up about 1.3% on the day and 1.2% over the past 24 hours, according to CoinMarketCap. However, short term price prediction Remain fairly neutral.
For now, XRP’s 21 and 200-day moving averages and 61.8% Fibonacci retracement from the September high of $0.55 to just under $0.29 at the early summer annual low are acting as a magnet for all price action. have been According to the 14-day Relative Strength Index (RSI), which last stood at around 46.5, XRP is reasonably priced at the moment and the market is likely to be evenly positioned. This implies that there is plenty of room for bullish or bearish momentum to occur before any discussion of overbought or oversold conditions.
Price Prediction – Where’s Next for XRP?
XRP appears to be at a crossroads. It looks to be in the middle of both the short ($0.37-42) and long ($0.31-55) ranges. The $0.42 area is a formidable area of resistance – it has consistently acted as both resistance and support since late July and is where the 100 and 50DMA reside. Friday’s U.S. Even though rising above this week will probably be a struggle inflation The data rattles the downside and lifts macro sentiment.
A steady crawl low to $0.31 support, which roughly post-ftx If US stocks continue to retreat from their highs, the decline could be short-lived. But with the US dollar trending markedly weaker right now, it’s hard to bet on a further big drop in crypto price unless something reverses its weakness (are fears of a global recession continuing?).
XRP may remain stuck within the recent range until things clear up Ripple vs US SEC case Next year is going to move.
Ripple Wallet Expands Fiat Onramps to UK, France
Crypto users based in the UK and France will soon be provided with an easy fiat-to-XRP on-ramp through the XRP-focused Zum Wallet. Wallet recently launched a similar on-ramp in the Netherlands.
Xumm teamed up with BTCDirect and BanxaOfficial to offer the product, saying it will add more countries to the on/off ramp over time and that more third-party providers will be integrated soon. Zum said it will soon integrate with GateHub for its stablecoins as well.
Dash 2 Trade (D2T)
Those looking to invest in a promising crypto trading platform start-up should look no further than Dash 2 Trade. The up and coming analytics and social trading platform is expected to take the crypto trading space by storm with its unique features.
These include trading signals, social sentiment and on-chain indicators, a pre-sale token scoring system, a token listing alert system, and strategy back-testing tools. Dash 2 Trade’s ecosystem will be powered by D2T tokens, which users will need to purchase and hold in order to access the platform’s features.
Dash 2 Trade is currently conducting a token pre-sale at highly discounted rates. The D2T token sale recently surpassed $9.055 million. The sale has now entered its fourth and final phase and is still going strong with $400K brought in in the last 24 hours. The pre-sale dashboard is going to be released soon, currently the development team is running ahead of schedule. The tokens are currently selling for $0.0533 each, which observers are heavily discounting.
Dash 2Trade was recently listed by Coincodex as the 3rd best presale token of 2022.
IMPT
Amidst the rise in popularity in recent years of environmentally and socially friendly investments, investors looking for a green cryptocurrency should consider IMPT Token. IMPT.io has partnered with thousands of the world’s largest retailers to help offset their carbon footprint and allows users to trade carbon credits on the blockchain.
IMPT tokens are currently in their second phase of presale, IMPT has raised over $15.6 million. This amounts to $1 million in token sales in the last 24 hours. Investors only have three days to buy the token at the current discounted price of $0.023. IMPT token exchange listing will start in a few days.
IMPT was recently listed by CoinCodex as one of the best presale tokens of 2022.
Calvaria (RIA)
Major blockchain-based games such as Axis Infinity have lost significant traction in 2022. As a result, many investors interested in the crypto gaming space are looking for alternative avenues. Calvaria, an emerging play-to-earn battle card crypto game, could be a good option. Calvaria seeks to promote crypto adoption by creating a bridge between the real world and crypto, a fun and accessible crypto game.
Investors should consider Calvaria’s RIA Token Pre-Sale. Calvaria has now raised $2.36 million, with crypto whales netting $97.5K in a buy on Thursday. The pre-sale is in its final stages, with only 24% of the tokens left.
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