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XRP Price Today Turns Bullish, Climbs 4%
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
XRP is trading at $1.43, up 3.8% on the day and 4.2% over the week, as traders spot bullish chart patterns near important support levels. Analyst Ali Charts flagged a descending triangle forming on the hourly chart, watching for a close above $1.40 to confirm a breakout toward $1.46. Trader Bird described XRP as sitting inside a bull flag, with a break above $1.48 potentially triggering a move higher. Some traders are hopeful this could be the start of a bigger move, especially with Ripple CEO Brad Garlinghouse continuing to push for the CLARITY Act, which could bring more regulatory clarity to crypto. The gains come even as the wider stock market struggles, with $350 billion wiped off US stocks today as oil prices hit a three-month high.
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