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The price of
The surge pushed the Ripple token past $3.3 to its highest level in seven years, which gave XRP back its position as the third-largest cryptocurrency by market capitalization.
XRP whales have accumulated $3.8 billion worth of tokens over the past two months. indicate There is great institutional interest.
XRP price continues to surge
that XRP price The chart shows a clear bullish breakout after months of sideways movement and consolidation. XRP has been trading within a narrow range between $2.00 and $2.772 for quite some time. This range served as a strong accumulation area.
Breaking the $2.772 resistance level was a significant development, breaking the local high of $3.35 and indicating continued buying pressure. gecko terminal.
As a result of breaking the sideways movement, the Ripple token price is now above both the 50-day and 200-day simple moving averages (SMA).
Meanwhile, the relative strength index (RSI) is currently at 77.48, indicating overbought. This means that the upward trend is strong, but a short-term correction or sideways move may occur before further upside.
The Moving Average Convergence Divergence (MACD) line (blue) is well above the signal line (orange) and is in positive territory. This alignment indicates strong bullish momentum. The continued increase in the histogram further confirms that buying pressure remains intact.
Ripple token targets new ATH.
Given the current market structure, the XRP price appears to have potential for further upside, although near-term overbought conditions may lead to a minor correction.
If the price of Ripple token remains above the $3.00 breakout level, the next major resistance lies at $3.50.
A successful breach of $3.50 could push XRP past its all-time high (ATH) of $3.40 and open the door to $4.00 and above in the coming weeks.
If there is selling pressure due to overbought RSI, a pullback to the $3.00 support zone (previous resistance) is likely. The 50-day SMA of $2.39 acts as important support and is likely to limit any significant downside.
As Ripple token price soars, investors are buying new AI agent tokens such as: Mind of Pepe (MIND). 99Bitcoins, a popular cryptocurrency channel on YouTube with over 721,000 subscribers, says MIND has the potential to rise 20x once it launches.
Pepe Presale Race for $2 Million—The Best Cryptocurrency to Buy Now?
Less than three days after its release, Mind of Pepe pre-sales have raised over $1.8 million. that PEPE Meme A project that combines brands and AI agents to change the way investors interact with the markets.
Its main feature is an AI agent designed to do more than crunch numbers.Simply put, you can think of yourself as a digital cryptocurrency expert who can analyze market trends and actively participate in online discussions.
These AI agents sift through social media chats and blockchain data to identify trends before they even reach the mainstream. This way, investors can gain an edge and take profits early.
🚨 $MIND Now posted on upcoming tokens! 🚨@MINDofPepe We leverage the power of AI to help users identify new trends and exciting opportunities. Self-evolving AI agents interact across platforms to provide real-time updates.
Built on Ethereum, $MIND Exclusive offer to holders… pic.twitter.com/uyXFpYka5p
— Best Wallet (@BestWalletHQ) January 14, 2025
Token holders also have the opportunity to stake their MIND tokens at a stratospheric 1,069% Annual Percentage Yield (APY).
The current price of MIND token is $0.0031384. Interested investors should buy before the price increases for more than one day.
Visit the official MIND website here.
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