NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

There’s a “Non-Trivial” Chance XRP is About to Explode; Here’s How High It Could Go

Cole Petersen
Cole Petersen
5 years ago
2 mins read
XRP Crypto

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The ongoing rally seen amongst major cryptos has allowed XRP to break past the key resistance it was previously facing around $0.33, with its movement past this level leading analysts to grow even more bullish on the cryptocurrency than they were before.

In the near-term, it is highly likely that the crypto will continue tracking the price action seen by the aggregated market, which suggests that the coming few days could prove to be highly bullish.

Analysts are also noting that there is a “non-trivial” chance that XRP incurs some explosive momentum in the coming few hours and days, which could allow it to post significantly further near-term upside.

XRP Flies Past $0.33 Resistance as Analysts Eye Further Near-Term Upside 

At the time of writing, XRP is trading up just under 3% at its current price of $0.335, which marks a notable climb from daily lows of $0.31 that were set yesterday around this time when bears attempted to invalidate the bullish market structure it formed after breaking above the previous resistance it had faced at $0.30.

Although the token saw incredibly bearish price action throughout 2019, its ability to rally from its year-to-date lows of $0.18 over the past few weeks has led analysts to grow increasingly bullish on it.

The Crypto Dog, a popular cryptocurrency analyst on Twitter, explained in a recent tweet that he is watching for a 15% upside movement in the coming weekend against the crypto’s BTC trading pair.

“I’d like to see XRP head a little further north this weekend, say about +15%?” he explained.

https://twitter.com/TheCryptoDog/status/1228435236465324033

The Token Could be in for Some Explosive Momentum

The Crypto Dog isn’t the only analyst who is bullish on XRP right now, as Jonny Moe, another well-respected cryptocurrency analyst on Twitter, explained that he believes the token is in for a major upside movement in the days and weeks ahead.

“And the monthly. With Feb only halfway complete, monthly volume is 1.15B. The Dec 2017 monthly volume was 2.26B. There’s a non-trivial chance that XRP is about to explode,” he said while pointing to the chart seen below.

And the monthly.

With Feb only halfway complete, monthly volume is 1.15B. The Dec 2017 monthly volume was 2.26B.

There's a non-trivial chance that $XRP is about to explode. pic.twitter.com/bZkmOvsgce

— Jonny Moe (@JonnyMoeTrades) February 14, 2020

If the token is able to break above the upper boundary of the falling wedge he references above, its ongoing bullish upswing could turn parabolic, allowing the crypto to see gains that rival those seen in 2017.

Featured image from Shutterstock.
Tweet123Share282ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

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

Leave a Reply Cancel reply

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

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin’s Path Unclear As Subwave Chaos Meets Key Resistance At $113,000

Bitcoin’s price action is caught in uncertainty as messy subwave structures clash with a critical resistance at $113,000. While the...

Godspower Owie 2 hours ago
Bitcoin

Bitcoin At $3.4 Million? Arthur Hayes Thinks It’s Coming

According to Former BitMEX CEO and Maelstrom Fund manager Arthur Hayes, Bitcoin could hit $3.4 million By 2028. That figure...

Christian Encila 3 hours ago
SOL XRP Bitcoin

Expert Reveals Why XRP Won’t Mirror Bitcoin’s Path And Why A Decoupling Is Imminent

The crypto market has long moved in the shadow of Bitcoin, because for years, its rallies and sharp drops have...

Sandra White 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

cardano ada adausd

Cardano (ADA) Oversold With RSI at 36.6: Is a Short-Term Rebound on the Horizon?

James Halver 57 minutes ago

投資者瘋狂湧入Maxi Doge 預售逼近 250 萬美元關口 早期買家瞄準巨額回報

estherw 57 minutes ago
XRP

Analyst Highlights 2 Scenarios That Sends XRP Price To $9.6 And $33

Scott Matherson 1 hour ago

Premium Sponsors

Press Releases

  • Aster na Binance vystrelil o 1800 % za týždeň napriek krachu trhu: Bude ďalším Bitcoin Hyper?

    Aster na Binance vystrelil o 1800 % za týždeň napriek...

    4 hours ago
  • Kryptomenové pokladničné zásoby sa prepadli, keď sa obchodníci presúvajú k bezpečnejším krypto predpredajom ako PEPENODE

    Kryptomenové pokladničné zásoby sa prepadli, keď sa...

    4 hours ago
  • Aster z Binance rośnie o 1800% w tydzień pomimo spadku na rynku: Czy Bitcoin Hyper będzie następny?

    Aster z Binance rośnie o 1800% w tydzień pomimo spadku na...

    6 hours ago
  • A kincstári kriptovaluta-részvények hanyatlása, miközben a kereskedők biztonságosabb kriptovaluta előértékesítések felé fordulnak, mint például a PEPENODE

    A kincstári kriptovaluta-részvények hanyatlása...

    7 hours ago
  • Aster z Binance rośnie o 1800% w tydzień pomimo spadku na rynku: Czy Bitcoin Hyper będzie następny?

    Aster z Binance rośnie o 1800% w tydzień pomimo spadku na...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.