XRP Price Surges to $1.40, Analyst Predicts New Record
- Price Breakout: XRP climbed 4% to surpass $1.40 on Thursday, marking its highest level since late March, as analysts suggest a new record is on the horizon, indicating strong market demand and investor confidence.
- Market Position Enhancement: This surge allowed XRP to surpass BNB, solidifying its position as the fourth-largest cryptocurrency by market capitalization, reflecting its leadership among large-cap alternatives and potentially attracting more investor interest.
- Historical High Review: XRP previously reached an all-time high of $3.65 before the October 2024 U.S. presidential election, experiencing over a 500% increase before a subsequent drop of over 60%, with this rebound potentially laying the groundwork for future recovery.
- Technical Analysis Signals: Analyst CW noted that XRP's upward momentum continues, and if it maintains current levels, it is expected to break through its all-time high and could reach above $16 at Fibonacci 6.618, indicating strong upside potential.
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Technical Analysis for WLFI
Technical Sentiment Analysis for World Liberty Financial (WLFI). As of , World Liberty Financial (WLFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WLFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, WLFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
World Liberty Financial (WLFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.063 | 0.0699 | 0.075 | 0.0819 | 0.087 | 0.0939 | 0.099 |
| Fibonacci | 0.0699 | 0.0745 | 0.0773 | 0.0819 | 0.0865 | 0.0893 | 0.0939 |
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