welcome
CoinGape

CoinGape

Business

Business & Economics

Ripple’s native asset was up about 8% after consolidating between the $2.3 and $2.5 range. Let’s take a tour of the key catalysts that may have contributed to recent gains

CoinGape
Summary
Nutrition label

61% Informative

XRP price jumped more than 8% today nearing towards the brief $3 mark .

The price surge comes as XRP ETF gains momentum and US regulatory shift boosts market sentiment.

The recent surge has left many speculating over the reasons that might have contributed to the recent gains in XRP .

Let’s explore some of the key catalysts that may have bolstered the market catalysts.

Ripple (XRP) is likely to hit the $3 mark soon with its long-term target at $ 8.03 .

The Relative Strength Index (RSI) has formed a Golden Cross , indicating a bullish trend.

Analyst Dark Defender predicts a surge to $ 5.85 as XRP nears the $ 2.80 level.

Another expert EGRAG CRYPTO said that if the crypto records a strong close above $3.75 , the next target will be at $ 22.94 .

VR Score

47

Informative language

42

Neutral language

24

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links