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The price of
This rise propelled the Ripple token to a seven-year high above $3.3, allowing XRP to reclaim its position as the third-largest cryptocurrency by market capitalization.
XRP whales have accumulated over $3.8 billion in tokens over the past two months, which noted strong institutional interest.
XRP price will continue to soar
THE XRP Price The chart reveals a clear bullish breakout after months of sideways movement and consolidation. XRP has been trading in a tight range between $2.00 and $2.772 for a significant period of time. This range served as an area of heavy accumulation.
The break above the $2.772 resistance level is an important development, marking a new local high at $3.35 and signaling continued buying pressure, according to data from GeckoTerminal.
Due to the breakout above the sideways movement, the Ripple token price has now surpassed the 50-day and 200-day simple moving averages (SMA).
Meanwhile, the Relative Strength Index (RSI) is currently at 77.48, indicating overbought conditions. This suggests that even though the uptrend is strong, a short-term correction or consolidation could occur before further upside.
The Moving Average Convergence Divergence (MACD) line (blue) is well above the signal line (orange) and in positive territory. This alignment signals strong bullish momentum. The continued increase in the histogram further confirms that buying pressure remains intact.
Ripple Token aims for new ATH
Given the current market structure, XRP price appears poised for further upside, although short-term overbought conditions may lead to minor corrections.
If Ripple token price sustains above the $3.00 breakout level, the next key resistance lies at $3.50.
A successful breakout of $3.50 could open the door to $4.00 and beyond in the coming weeks, above XRP’s all-time high (ATH) of $3.40.
If selling pressure appears due to the overbought RSI, a pullback towards the $3.00 support area (previous resistance) is likely. The 50-day SMA at $2.39 provides key support and would likely limit any significant downside.
As Ripple token price soars, investors are also snapping up a new AI agent token called The spirit of Pepe (SPIRIT). 99Bitcoins, a popular crypto channel on YouTube with over 721,000 subscribers, claims that MIND has the potential to grow 20x at launch.
Mind of Pepe Presale Heads Toward $2 Million: Best Crypto To Buy Now?
Launched less than 3 days ago, the Mind of Pepe presale has raised more than $1.8 million. It’s a project that combines the PEPE meme brand with an AI agent to change the way investors interact with the market.
Its main feature is an AI agent designed to do more than crunch numbers.In simpler terms, think of him as a digital crypto guru who can analyze market trends and actively participate in online discussions.
This AI agent sifts through social media discussions and blockchain data to spot trends before they even become mainstream. This way, investors can gain the upper hand and help them profit quickly.
🚨 $SPIRIT is now available in the next tokens! 🚨@MINDofPepe leverages the power of AI to help users identify new trends and exciting opportunities. The self-evolving AI agent interacts across platforms to provide real-time updates.
Built on Ethereum, $SPIRIT offers holders exclusives… pic.twitter.com/uyXFpYka5p
– Best Wallet (@BestWalletHQ) January 14, 2025
Token holders also have the option to stake their MIND tokens for a stratospheric 1,069% annual percentage yield (APY).
Currently, MIND tokens are priced at $0.0031384. Interested investors should buy ahead of a price rally in just over a day.
Visit the official MIND website here.
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