XRP’s price has broken out of the same range it has used 7 times before, notes Turkish crypto analyst Celal Kucucker. The $1.29 to $1.55 XRP price range remains in focus as bulls attempt to restore multiple thresholds on the 4-hour & daily charts. Big-time investors, otherwise known as crypto whales, are not exactly buying.
XRP’s History Repeats: Multi-Month Support Bounce
“It reacted from the same $1.27 support this week”, said the crypto chart analyst, portraying all of those instances. This aligns with a previous crypto analysis from Bitrue’s Research Institute, predicting a bounce from the $1.28 to $1.32 major demand level following the XRP pullback since the start of October.
TradingView’s cumulative volume delta (CVD) stats depict a neutral stance hovering around 0 for the better part of October. However, this week’s trend has shifted bearishly with negative figures in place, pushing the CVD reading on the chart to nearly -1.18 billion. That typically sets the tone for a trend switch.
XRP’s ‘Smart Money’ Unfazed About The 5.5% Rally
XRP’s price inked 5.5% profits in 24 hours, according to SoSoValue’s price tracker. Presently, the $1.377 price offers little resistance to go upward until the confluent resistance at $1.67 – $1.71, based on the daily candlesticks. Meanwhile, the SuperTrend price points to $2.30 as the next-cycle bullish checkpoint.
On the smaller timeframes, the $1.48 to $1.55 XRP resistance bubble could be decisive in the monthly terms. Despite Wednesday’s market bounce, this XRP price rally isn’t backed by crypto whales purchasing the token at a ‘discount’: the Chaikin Money Flow (CMF) shows contradicting figures on the smaller timeframes, floating around zero.
$30 Billion Inflows Arriving From Agentic Economy
The altcoin’s native ledger just scored a solid adoption case within the Artificial Intelligence (AI) based payment field. Yellow, a trusted settlement layer centered around AI agentic commerce, integrated a zero-gas execution layer for AI agents with XRP settlement to enable fast, efficient transactions in the agentic economy.
This establishes an open channel for forward integration in non-custodial cross-chain AI-based commerce. Monica Long, the President of Ripple, recently forecasted a 10x run in terms of AI agentic payments on XRP’s native DLT ledger, roughly to 100 million transactions in a year, also applying a 5x multiplier to $30B in agentic-economy linked RWAs.
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