Trump’s Crypto Announcements Could Propel XRP Beyond Resistance Levels

XRP

XRP/USDT

$1.455
+3.23%
24h Volume

$2,431,226,288.85

24h H/L

$1.4703 / $1.4052

Change: $0.0651 (4.63%)

Long/Short
70.2%
Long: 70.2%Short: 29.8%
Funding Rate

-0.0145%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4639

2.87%

Volume (24h): -

Resistance Levels
Resistance 3$1.8487
Resistance 2$1.6763
Resistance 1$1.487
Price$1.4639
Support 1$1.3865
Support 2$1.2841
Support 3$1.1172
Pivot (PP):$1.448
Trend:Downtrend
RSI (14):36.8
(10:06 PM UTC)
2 min read

Contents

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  • Donald Trump’s recent statements have stirred notable excitement in the cryptocurrency sector.
  • This buzz aligns with the much-anticipated launch of a yet-to-be-priced Ethereum (ETH) ETF, which could trigger significant movements in major altcoins.
  • Market watchers are particularly keen to see predictions unfold for XRP, DOGE, and TON Coin.

Get the latest on Donald Trump’s cryptocurrency announcements and their potential impact on Ethereum ETF, XRP, DOGE, and TON Coin.

Insights into XRP Coin’s Future Performance

Bitcoin (BTC) has seen considerable fluctuation within the $63,500 to $68,000 range over the past 24 hours. Despite a swift reversal, altcoin investors remain unsatisfied, anxiously awaiting Trump’s critical statements scheduled for tomorrow. This anticipation brings focus on XRP, currently struggling with resistance at $0.64. Surpassing this level could propel it to $0.74. Conversely, if it falls below the EMA20, we might see a decline towards $0.5 and $0.41. Investors would do well to stay updated on the latest trends and market movements.

Examining Dogecoin (DOGE) Price Projections

Dogecoin (DOGE) is eyeing the $0.14 mark, with the potential to climb further if market sentiment remains positive. A strong bullish trend could push DOGE to between $0.18 and $0.23, and possibly beyond $0.3 on holding above $0.23. However, if it fails to maintain support at $0.12, prices might fall to $0.1, marking a critical support level for DOGE moving forward.

Analysis of TON Coin

TON Coin, leveraging Telegram’s vast user base, has faced significant headwinds recently. The drop below $6.77, coupled with BTC’s dip, has formed a double top that might target $5.5. Without a substantial upward movement toward $7.12, the coin could test the $6 and $5.5 ranges. Conversely, a breakthrough above the $7.72 resistance is essential for a bullish reversal.

Conclusion

In summary, the crypto market is poised to react strongly to forthcoming announcements by Donald Trump, especially concerning XRP, DOGE, and TON Coin. XRP needs to overcome the $0.64 barrier to aim higher, while DOGE must hold the $0.12 support to prevent further declines. For TON Coin, remaining above critical resistance levels is crucial. These insights provide investors with a foundation to navigate potential market shifts in the unpredictable world of cryptocurrencies.

MR

Michael Roberts

COINOTAG author

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