Avalanche (AVAX) has achieved a new landmark. Despite the bear market rally and Jerome Powell drawdown, Avalanche hit many all-time highs in terms of transactions and user activity.<\/p>\n\n\n\n
\nFilip explained the current market bias and possible price reversal zones for Ripple (XRP). Source: FxStreet\/Cryptocurrencies\/News<\/figcaption><\/figure>\n","post_title":"XRP Is A Ray of Sunshine In The Cold Crypto Winter And May Turnout As An Outlier In The Next Week","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"xrp-is-a-ray-of-sunshine-in-the-cold-crypto-winter-and-may-turnout-as-an-outlier-in-the-next-week","to_ping":"","pinged":"","post_modified":"2023-04-10 18:34:55","post_modified_gmt":"2023-04-10 08:34:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8488","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6747,"post_author":"6","post_date":"2022-08-30 17:07:50","post_date_gmt":"2022-08-30 07:07:50","post_content":"\n
Avalanche (AVAX) has achieved a new landmark. Despite the bear market rally and Jerome Powell drawdown, Avalanche hit many all-time highs in terms of transactions and user activity.<\/p>\n\n\n\n
Filip expects a test at $0.2875 once XRP enters that region once more before November lows are recorded. Undoubtedly, that $0.2500 is a strong candidate to serve as solid support where the price may rebound for an upside rally. XRP currently trades<\/a> at $0.35.<\/li>\n<\/ul>\n\n\n\n
Ripple's rejection on the upside against the 200-day SMA limits the risk to the downside because it could start a further leg lower within this week. That would coincide with some geopolitical triggers rattling the markets once more. As long as Russia continues to bomb Ukrainian energy facilities and gas supplies, more rockets could hit Poland due to Ukraine's defenses. <\/li>\n\n\n\n
Filip expects a test at $0.2875 once XRP enters that region once more before November lows are recorded. Undoubtedly, that $0.2500 is a strong candidate to serve as solid support where the price may rebound for an upside rally. XRP currently trades<\/a> at $0.35.<\/li>\n<\/ul>\n\n\n\n
In light of the fact that many other cryptocurrencies and altcoins are suffering severe losses, XRP remains one of the most bullish outliers in the crypto space.\u00a0 With significant cash invested, XRP could be considered the best crop pick. By the end of next week, it is expected to exceed the 200-day SMA and reach an upside target of $0.4974. <\/li>\n\n\n\n
Ripple's rejection on the upside against the 200-day SMA limits the risk to the downside because it could start a further leg lower within this week. That would coincide with some geopolitical triggers rattling the markets once more. As long as Russia continues to bomb Ukrainian energy facilities and gas supplies, more rockets could hit Poland due to Ukraine's defenses. <\/li>\n\n\n\n
Filip expects a test at $0.2875 once XRP enters that region once more before November lows are recorded. Undoubtedly, that $0.2500 is a strong candidate to serve as solid support where the price may rebound for an upside rally. XRP currently trades<\/a> at $0.35.<\/li>\n<\/ul>\n\n\n\n
Bulls remain steadfast in the Ripple (XRP) price after risk-takers entered and purchased in the dip near November's low last week. Although XRP made some progress toward recovery at the start of this week as more news about FTX's effects broke, the polish missile incident was the crucial event that turned price action to the downside and damaged the bullish recovery sentiment. <\/li>\n\n\n\n
In light of the fact that many other cryptocurrencies and altcoins are suffering severe losses, XRP remains one of the most bullish outliers in the crypto space.\u00a0 With significant cash invested, XRP could be considered the best crop pick. By the end of next week, it is expected to exceed the 200-day SMA and reach an upside target of $0.4974. <\/li>\n\n\n\n
Ripple's rejection on the upside against the 200-day SMA limits the risk to the downside because it could start a further leg lower within this week. That would coincide with some geopolitical triggers rattling the markets once more. As long as Russia continues to bomb Ukrainian energy facilities and gas supplies, more rockets could hit Poland due to Ukraine's defenses. <\/li>\n\n\n\n
Filip expects a test at $0.2875 once XRP enters that region once more before November lows are recorded. Undoubtedly, that $0.2500 is a strong candidate to serve as solid support where the price may rebound for an upside rally. XRP currently trades<\/a> at $0.35.<\/li>\n<\/ul>\n\n\n\n
According to Filip, Ripple continued to move within a narrow range compared to last week's irregularly volatile session. If more investors choose to cherry-pick XRP, the price of the cryptocurrency may rise. To prevent slipping below important barriers, traders work to hold onto their positions. <\/li>\n\n\n\n
Bulls remain steadfast in the Ripple (XRP) price after risk-takers entered and purchased in the dip near November's low last week. Although XRP made some progress toward recovery at the start of this week as more news about FTX's effects broke, the polish missile incident was the crucial event that turned price action to the downside and damaged the bullish recovery sentiment. <\/li>\n\n\n\n
In light of the fact that many other cryptocurrencies and altcoins are suffering severe losses, XRP remains one of the most bullish outliers in the crypto space.\u00a0 With significant cash invested, XRP could be considered the best crop pick. By the end of next week, it is expected to exceed the 200-day SMA and reach an upside target of $0.4974. <\/li>\n\n\n\n
Ripple's rejection on the upside against the 200-day SMA limits the risk to the downside because it could start a further leg lower within this week. That would coincide with some geopolitical triggers rattling the markets once more. As long as Russia continues to bomb Ukrainian energy facilities and gas supplies, more rockets could hit Poland due to Ukraine's defenses. <\/li>\n\n\n\n
Filip expects a test at $0.2875 once XRP enters that region once more before November lows are recorded. Undoubtedly, that $0.2500 is a strong candidate to serve as solid support where the price may rebound for an upside rally. XRP currently trades<\/a> at $0.35.<\/li>\n<\/ul>\n\n\n\n
According to Filip, Ripple continued to move within a narrow range compared to last week's irregularly volatile session. If more investors choose to cherry-pick XRP, the price of the cryptocurrency may rise. To prevent slipping below important barriers, traders work to hold onto their positions. <\/li>\n\n\n\n
Bulls remain steadfast in the Ripple (XRP) price after risk-takers entered and purchased in the dip near November's low last week. Although XRP made some progress toward recovery at the start of this week as more news about FTX's effects broke, the polish missile incident was the crucial event that turned price action to the downside and damaged the bullish recovery sentiment. <\/li>\n\n\n\n
In light of the fact that many other cryptocurrencies and altcoins are suffering severe losses, XRP remains one of the most bullish outliers in the crypto space.\u00a0 With significant cash invested, XRP could be considered the best crop pick. By the end of next week, it is expected to exceed the 200-day SMA and reach an upside target of $0.4974. <\/li>\n\n\n\n
Ripple's rejection on the upside against the 200-day SMA limits the risk to the downside because it could start a further leg lower within this week. That would coincide with some geopolitical triggers rattling the markets once more. As long as Russia continues to bomb Ukrainian energy facilities and gas supplies, more rockets could hit Poland due to Ukraine's defenses. <\/li>\n\n\n\n
Filip expects a test at $0.2875 once XRP enters that region once more before November lows are recorded. Undoubtedly, that $0.2500 is a strong candidate to serve as solid support where the price may rebound for an upside rally. XRP currently trades<\/a> at $0.35.<\/li>\n<\/ul>\n\n\n\n
![\"Avalanche](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/08\/AVALALNCHE-NFT-SALES-1160x653.jpg\")
![\"\"](\"https:\/\/pbs.twimg.com\/media\/FbFb6sOagAgCbao?format=jpg&name=4096x4096\")
![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/11\/XRP-filip-l-technical-analysis-chart-1160x589.png\")
\nhttps:\/\/twitter.com\/_PatrickSutton\/status\/1562525243414958080\n<\/div><\/figure>\n\n\n\n
