Increased Network Activity is Likely to Cause Expansion on Ripple
Login

Increased XRP Network Activity is Likely to Cause Upward Expansion on Ripple

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Ali, a popular crypto analyst, predicted the next direction of XRP on Twitter. According to him, a rise in the value of Ripple is probable in the days to come. This prediction was attributed to the increase in activities on Ripple’s network.

The increasing number of active XRP addresses also contributed to Ali’s reason for the prediction. While XRP is yet to make a significant expansion to the upside, investors remain optimistic as more bullish sentiments keep entering the market.

Key XRP Levels To Watch – June 27

Increased Network Activity is Likely to Cause Upward Expansion on RippleAt the beginning of the bullish trend, a rising trendline arose. XRPUSD is about to make its fourth bounce at the rising trendline. Following the series of breaks in structures, the market’s environment has become extremely bullish.


The market is heading into an oversold state, according to the Stochastic Oscillator. The buying momentum from the oversold state and the rising trendline is likely to cause the resumption of the bullish trend.

Ripple Key Levels

Resistance Levels: $0.590, $0.750, $0.970
Support Levels: $0.490, $0.420, $0.340

Total Market Capitalization: $1.19T
XRP Market Capitalization: $25.09B
XRP Volume: $0.89B
Market Rank: #6

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News