COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Watch XRP Soar as Experts Predict Support Levels and ETF Developments
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > Watch XRP Soar as Experts Predict Support Levels and ETF Developments
Ripple (XRP)

Watch XRP Soar as Experts Predict Support Levels and ETF Developments

In Brief

  • XRP has fluctuated recently, raising new expectations among market participants.

  • Experts highlight the importance of key support levels for potential upward trends.

  • Anticipation of ETF approvals adds to the positive market sentiment surrounding XRP.

İlayda Peker
İlayda Peker 3 months ago
Share
SHARE

Investors have closely monitored XRP’s fluctuation, witnessing a drop from its January peak of $3.39 to a recent low of $1.95, followed by a recovery that has steered it back into positive territory. This volatility has generated renewed expectations regarding market dynamics, which are perceived as a boost in investor confidence.

Contents
Expert InsightsETF Developments

Expert Insights

To potentially revive the market, leading experts emphasize the importance of XRP maintaining certain support levels. Renowned expert Ali Martinez stated that the $2.27 level acts as a protective foundation for XRP to gain upward momentum.

Ali Martinez: “If XRP stays above $2.27, the likelihood of returning to $3 increases.”

Another analysis highlights that $2.41 is also a significant support point.

ETF Developments

Among the factors contributing to heightened market sentiment are expectations for XRP ETF approvals. Nasdaq’s Coinshares has taken steps regarding XRP and Litecoin ETFs, which have captivated investor interest. XRP-friendly lawyer Jeremy Hogan commented on the ongoing lawsuit, indicating that the current legal process is not expected to negatively impact the ETF approval process.

Jeremy Hogan: “The ongoing process related to Ripple $2 will not hinder the ETF approval process.”

Analysts observe that the consolidation phase in XRP’s daily charts has nearly concluded, with Dark Defender noting RSI indicators suggest XRP Coin may soon make a significant breakout.

Dark Defender: “The consolidation phase is almost complete; we are preparing for a breakout.”

Expectations include potential targets of $5.85 and $8.76.

Recent technical indicators also signal bullish momentum, with the RSI recorded at 42, reflecting XRP’s position within the identified support levels. Notably, a decrease in trading volume alongside an increase in futures trading suggests the market warrants careful observation.

Despite the market developments, investors are adopting a cautious approach. If a rebound occurs from the established support levels, there is speculation about the asset gaining momentum towards the $3 mark. Economic uncertainties and the alignment of technical indicators may provide significant insights for investors in the future.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Thrilling Ripple IPO Projection Drives XRP Price Speculation to Astonishing Heights

Ripple Faces Off with SEC: Legal Battle Intensifies

Ripple Empowers Colombian Farmers with Innovative Finance Model

XRP Coin Surges with a Bold Price Projection

Experience the Real-World Power of Cryptocurrencies with Ripple’s Innovative Pilot

İlayda Peker 12 February, 2025 - 2:05 am 12 February, 2025 - 2:05 am
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Changpeng Zhao Calls Attention to Binance Listing Process Issues
Next Article TON Partners with LayerZero to Facilitate Seamless Blockchain Transactions
Leave a comment

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Surges Beyond $105K as Crypto Market Anticipates New Highs
Bitcoin (BTC)
Cardano Faces $600 Million ADA Coin Embezzlement Controversy
Cardano (ADA)
Crypto Predictions Heat Up: Expect Ethereum to Lead the Charge This Summer
Altcoin News
Dive into Bitcoin’s Rollercoaster Ride and Fed Insights
Economy
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?