Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Editorial Policy
    • Submit Press Release
  • Disclaimer
  • News
  • Ripple (XRP)

Crypto Analyst Identifies the Key Level XRP Must Attain To Print Its Long-Awaited Bull Run

Tobi Loba October 29, 2020 2 min read
Singaporean Crypto Exchange KuCoin Lists XRP despite Ripple-SEC Lawsuit

A popular pseudonymous crypto analyst and trader, Pentoshi, has pointed at the key level that the 4th largest digital currency by market capitalization, XRP, must attain to print its long-awaited price bull run.


trade now

In a tweet shared on 26th October, Pentoshi stated that XRP has clearly experienced slow growth year-to-date compared to the top cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), but it has the potential to catch up in the coming weeks.

Captioning an illustrative chart, Pentoshi tweeted, “XRP It’s bull run starts above .30-.33c 17′ resistance. 18′ support. Rounding off on the weekly. Just not quite there yet though. Maybe in a week or two it can close above BTC allowing. But for now it’s lagging.”

Crypto Analyst Identifies the Key Level XRP Must Attain To Print Its Long-Awaited Bull Run

Read Also: Opinion That Says XRP Could Become the World’s Reserve Currency Meets Mixed Reactions

According to the illustrative chart shared by the crypto analyst, XRP is forming a bullish reversal pattern that is capable of aiding the digital token to end its relatively 3-year-long bear market.

Additionally, Pentoshi pointed out that XRP has tagged resistance between $0.30 and $0.33 several times already. So, he thinks the Ripple’s digital token could break above the area on the next attempt.

He wrote, “Honestly looks close though. I doubt that area acts as resistance if hit again.”

XRP in the Market

XRP has not printed any notable price surge since the beginning of 2020, while traders and investors continue to hope for the day XRP will experience a price breakout.

According to CoinMarketCap, Ethereum (ETH), the second-largest cryptocurrency has gained over 190% year-to-date, as it’s at press time trading at $387.79.

Read Also: Ripple: Over 20% of All Transactions on RippleNet Now Involves XRP

On the other hand, Bitcoin (BTC), the largest digital currency, has gained over 80% YTD. Meanwhile, XRP managed to experience around 30% price surge since the start of the year.

Join us on Twitter

Join us on Telegram

Join us on Facebook

Trade Now

Continue Reading

Previous: Cardano Price: If You Want To Just Focus on Price, Buy Tron (TRX) –Charles Hoskinson Tells User
Next: Amidst Bitcoin Recent Price Surge, Crypto Whales Are Busy Hodling These Six Ethereum-Based Digital Assets

Related Stories

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
2 min read
  • Altcoins
  • Crypto Trading
  • Cryptocurrency
  • News
  • Terra (LUNA)

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer

May 26, 2022
ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
2 min read
  • Blockchain
  • Cryptocurrency
  • Ethereum (ETH)
  • News
  • Price Analysis

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase

May 25, 2022
Grayscale Is Planning On Listing Its First European Exchange Traded Fund
2 min read
  • Cryptocurrency
  • ETF (Exchange Traded Fund)
  • News

Grayscale Is Planning On Listing Its First European Exchange Traded Fund

May 25, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$29,592.00
0.24%
ethereum
Ethereum (ETH)
$1,883.73
-3.48%
tether
Tether (USDT)
$1.00
-0.05%
usd-coin
USD Coin (USDC)
$1.00
-0.17%
binancecoin
BNB (BNB)
$314.71
-3.25%
ripple
XRP (XRP)
$0.397769
-1.13%
Binance USD
Binance USD (BUSD)
$1.00
-0.04%
cardano
Cardano (ADA)
$0.496763
-2.71%
dogecoin
Dogecoin (DOGE)
$0.080180
-3.76%
polkadot
Polkadot (DOT)
$9.40
-4.93%

Recent Posts

  • UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
  • ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
  • CharterPrime Review – Is CharterPrime Scam or a Proper Broker?
  • Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
  • Grayscale Is Planning On Listing Its First European Exchange Traded Fund
  • Celsius Is Planning On Taking Its Crypto Mining Business Public
  • Terra Team May Not Redeem Promised Refunds, Especially For Smallholders – Whistleblower
  • Coinbase Adds BNB Chain And Avalanche To Token Swap Service
  • Richardson Lewis Review – Is Richardson Lewis Scam or a Proper Broker?
  • PancakeSwap Guide 2022 – Everything You Need To Know About This DEX
  • Polkadot-based Smart Contract, T3rn Deploys Latest Testnet
  • Uruguayan Authorities Launch Campaign Against Crypto Scams
  • GameStop Announces The Launch Of A Crypto Wallet
  • Litecoin To Be Delisted Out Of Major Crypto Exchanges
  • Here’s Why Bitcoin’s Price Might Rise Above $30.6K

Disclaimer

This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website. Information found on Herald Sheets represents those of writers quoted. It does not represent the opinions of Herald Sheets on whether to buy, sell, or hold any investment assets. Investors must do their own research before investing their money and only do so at their own risk.

Categories

You may have missed

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
2 min read
  • Altcoins
  • Crypto Trading
  • Cryptocurrency
  • News
  • Terra (LUNA)

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer

May 26, 2022
ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
2 min read
  • Blockchain
  • Cryptocurrency
  • Ethereum (ETH)
  • News
  • Price Analysis

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase

May 25, 2022
CharterPrime Review – Is CharterPrime Scam or a Proper Broker?
3 min read
  • Cryptocurrency Brokers News and Reviews

CharterPrime Review – Is CharterPrime Scam or a Proper Broker?

May 25, 2022
Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
2 min read
  • Blockchain
  • Cryptocurrency
  • Terra (LUNA)

Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain

May 25, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%