[Music] [Music] xrp price set to explode as Robin Hood realist Ripple 10 times gains incoming altcoins cryptocurrency xrpusd last updated September 15 2024 at 2317 GMT 3 crypto writer Arsen but crypto writer but about author arsin but is an experienced webinar speaker Market analyst and content writer specializing crypto Forex and commodities he provides expert insights trading strategies and in-depth analysis author profile share copied last updated September 15 2024 at 2317 GMT three why trust crypto news with over a decade of crypto coverage Crypt news delivers authoritative insights you can rely on our veteran team of journalists and analysts combines in-depth market knowledge with Hands-On testing of blockchain Technologies we maintain strict editorial standards ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects our long-standing presence in the industry and commitment to Quality journalism make Crypton news a trusted Source in the dynamic world of digital asset read more about Crypton news Ripple xrp has maintained its upward momentum trading around after reaching an intraday high of xrp has been bullish over the past week gaining significant traction as it climbed from two this surge was supported by the overall positive sentiment in the crypto Market along with favorable developments in Ripple's ongoing SEC case another boost came from the news that Robin Hood a commission-free trading platform has relisted xrp according to Robin Hood's official website users can now view xrp's price chart although it has not yet been made available for trading this news boosted xrp's Market confidence driving demand and contributing to its ongoing bullish price momentum our Ripple xrp surge Robin Hood relists xrp and grayscale launches investment fund Ripple xrp has recently surged back into the spotlight breaking through the 0.59 resistance level and setting its sights on the July 2024 peak of 0.662 this Resurgence is fueled by Robin Hood's decision to relist xrp on its commission-free trading platform although trading is not yet active users can now view xrp's price chart which is a promising sign for the xrp community this move hints at expanded Market access and potential increased trading activity sparking excitement among investors and enthusiasts alike grayscale a leading asset management firm has just launched a single asset investment fund centered on xrp this could be a GameChanger potentially drawing in more institutional investors and giving xrp's value a significant boost Robin Hood's xrp listing is currently only available to customers in the European Union despite this limitation the overall Outlook is positive with regulatory Clarity and Ripple's legal battles with the SEC coming to an end it's likely that more exchanges will soon begin supporting xrp broadening its appeal and accessibility major xrp transfer and Ripple's legal Victory boost Market sentiment on the other side a major transfer of 20 million xrp worth around $1.7 million was recently moved from South Korea's upbit exchange to an unknown wall wallet this large transaction tracked by whale alert has sparked speculation about the whale's intentions such big transfers from exchanges are often seen as bullish signs suggesting that the holder might be planning to keep their assets long-term potentially anticipating a price rise by moving xrp to a personal or cold wallet the whale may be signaling confidence in the coin's future value and aiming to limit the supply available on exchanges which could drive up demand and price xrp has gained significant attention lately due to recent developments in its legal battle with the SEC Ripple won a major victory by reducing the sec's demands by 94% settling the case with a $125 million payment this outcome has rejuvenated Market sentiment around xrp meanwhile xrp continues to be a popular choice in South Korea reflecting strong trading activity in the region therefore the transfer of million xrp to an unknown wallet suggests long-term holding and confidence in future price increases combined with Ripple's recent legal Victory this news boosts xrp's Market sentiment and could drive up demand and price xrp pulls back from resistance I's key support at 05734 our xrp is currently trading at 0.582 down 0.38 % for the day after reaching a high of 0.596 the price is now experiencing a slight pullback as indicated by the downward Trend in the 4-Hour chart our xrp is finding support near the 50-day exponential moving average em at 0. 5621 which could act as a buffer against further losses the relative strength index RSI has dipped from overbought territory currently sitting at 60.1 6 indicating a a potential slowdown in bullish momentum immediate support is found at 05734 and if xrp breaks below this it could retest the. 56621 level on the upside the key resistance Zone remains at 0.596 one with the next Target at. 6135 if bullish momentum resumés Traders should watch for a break of the 0.5 $734 support or. 5961 resistance to determine the next direction of the market join the mean bet token pre-sale the future of mem coin casinos memet token is your gateway to memet casino the only platform where you can wage Your Meme coins like Pepe and Doge and web and telegram casinos by buying me bet you'll unlock exclusive play to earn airdrops VIP bonuses and special rewards for Deans as crypto casinos and mem coins grow mem bet strategically Target telegrams billion users and dig in gamblers our key benefits play with meme coins and earn rewards 20% of memet Supply dedicated to airdrops for players exclusive bonuses for meem bet holders don't miss your chance to buy meet at pre-sale prices you can purchase with eth usdt BNB or even with a bank card buy meet token here follow us on Google News [Music]