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Ripple XRP Price Prediction: Tradecurve Markets Surges 200%, As Apecoin Forms A Bullish Pattern

Press Releases Crypto News CryptoDaily UK Ripple XRP Price Prediction: Tradecurve Markets Surges 200%, As Apecoin Forms A Bullish Pattern

XRP is currently recovering after losing all the gains from its July Ripple lawsuit victory against the US SEC. On the other hand, Apecoin has formed a new bullish pattern. Meanwhile, Tradecurve Markets is working on a hybrid trading platform. This platform will merge the benefits of centralized and decentralized exchanges.

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Crypto.com Announces New XRP (XRP) Trading Pair

Crypto.com, a popular cryptocurrency exchange, has announced a new trading pair for the XRP coin. The addition of the XRP/PYUSD pair aims to enhance users’ trading options. As a result, the altcoin is now on a rally as one of the top performers.

From a low of $0.4694 in September, the XRP price has managed to cross the $0.50 level. The rally has taken the price of the coin as high as $0.5350. With this, XRP is now gearing up for new highs. The next major resistance is near the $0.550 level.

If XRP closes above the $0.550 level, in the coming days, its price could move to the next resistance at $0.600. Although the SEC and Ripple lawsuit is far from over, analysts are bullish on the price of XRP could reach $1 in the coming weeks.

Apecoin (APE) Forms a Bullish Pattern

ApeCoin (APE), the main token of the Bored Ape Yacht Club ecosystem, has been going down in value since January 2023. Currently, ApeCoin’s value is close to its lowest point of $1.00. However, on-chain data shows that there are signs of a potential reversal for the ApeCoin price.

According to Santiment, the ApeCoin value has entered a “historical buy zone.” On September 28th, the price of ApeCoin increased by 8.5% and reached a daily high of about $1.2. Nonetheless, bears are defending the 20-day EMA, preventing upward movement.

Buyers must maintain the current rally to kickstart a price uptrend. This would bring the price of ApeCoin close to the resistance level of $1.28. Meanwhile, the ApeCoin tok

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Author: Crypto Daily

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