Billion

<ul>
 <li><strong>XRP’s price increased by 2%, with a declining supply on exchanges presenting a potential uptick, indicating reduced selling pressure.</strong></li>  
 <li><strong>Analysts predict more gains for XRP, noting the cryptocurrency's positive outlook if it maintains support levels above $0.55.</strong></li>  
 <li><strong>XRP’s market performance and the reduced exchange supply signal a bullish sentiment, with potential targets around $0.65 or higher.</strong></li> 
</ul>  
<p>Ripple’s XRP has followed the overall revival of the cryptocurrency market, witnessing a mild price increase of 2% daily. Several hours ago, it briefly surpassed $0.54 before settling at the current $0.53.</p>  
<h2 class="wp-block-heading" id="h-xrp-could-reach-24-with-symmetrical-triangle-breakout">XRP Could Reach $24 with Symmetrical Triangle Breakout</h2>  
<p>Brett, a well-known Bitrue ambassador and influential figure in the crypto world, recently shared an analysis highlighting a symmetrical triangle pattern within an ascending channel for XRP. According to Brett’s insights, a confirmed breakout could target a price as high as $24, representing a significant jump from current levels.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/Brett_Crypto_X/status/1832732699619926222
 </div>
</figure>  
<p>Many analysts are also optimistic that the asset’s valuation will soon advance. CRYPTOWZRD noted on his X apace account that&nbsp; XRP’s daily chart closure was bullish, outlining potential further gains soon.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/cryptoWZRD_/status/1833315269025861821
 </div>
</figure>  
<p>The analysis shows <a href="https://cryptonewsland.com/3-altcoins-primed-for-a-2023-style-bull-run/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> with a potential upward breakout above $0.55, following a previous downtrend and consolidation phase. The "Quick move above" label suggests a bullish sentiment, aiming for higher levels around $0.65 or beyond. The overall trend indicates a positive outlook if the price holds above key support levels.</p>  
<h2 class="wp-block-heading" id="h-xrp-gains-1-4-market-cap-hits-30-39-billion">XRP Gains 1.4%, Market Cap Hits $30.39 Billion</h2>  
<p>XRP's price has shown an upward movement, increasing by 1.4% in the past 24 hours trading at $0.5393 as per the press time. The cryptocurrency's market capitalization stands at approximately $30.39 billion, with a fully diluted valuation of nearly $53.94 billion.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfCiqbCqF1ciopa0de7iIkgdCccb-mOP64oLEHb3lDi8Tzmpzez7aOiQ4zi4Yd9Yr4e69ZYHVxgmd8_83hGEnlLr5n9PhZraCx5V61aiKKUwDES7FehHVUe2SyRNSY9ItENeRibOpS8fbf2Swgn_j5I6J-t?key=yLuRgWOW7124WSfm3JTKQQ" alt="">
</figure>  
<p class="has-text-align-center"><strong><em>Source:</em></strong><a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow"><em> CoinGecko</em></a></p>  
<p>&nbsp;XRP's 24-hour trading volume reached $926.63 million, indicating active market participation. The circulating supply is 56.33 billion XRP tokens out of a total supply of around 99.99 billion. The price has fluctuated within a range of $0.5273 to $0.5432, with the chart indicating a modest recovery after a dip, suggesting ongoing market interest and potential for further gains.</p> 
<p>The post <a href="https://cryptonewsland.com/xrp-bullish-as-market-cap-hits-30-39b-eyes-24-with-triangle-breakout/" rel="noopener noreferrer nofollow">XRP Bullish as Market Cap Hits $30.39B; Eyes $24 with Triangle Breakout</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP Bullish as Market Cap Hits $30.39B; Eyes $24 with Triangle Breakout

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