XRP Price Prediction: As Ripple Token Pumps 5%, Traders Rush To Buy This Meme Coin Presale With 689% Staking APY

The
XRP
price
pumped
5%
in
the
last
24
hours
to
trade
at
$1.50
as
of
04:44
a.m.
EST
on
trading
volume
that
plunged
13%
to
$12.3
billion,
according
to
CoinGecko.

XRP
Price
On
A
Sustained
Bullish
Rally

This
XRP/USD
chart
shows
a
significant
bullish
trend
for
the
XRP
price,
with
a
clear
breakout
from
a
consolidation
phase
followed
by
a
strong
uptrend.

Meanwhile,


the
price
of
XRP

is
trading
well
above
both
the
50-day
(blue
line)
and
200-day
(light
blue
line)
moving
averages.
This
indicates
strong
upward
momentum.

After
a
parabolic
rise,
the
price
of
XRP
then
went
through
some
cooling
off,
which
caused
XRP
to
plunge
from
the
$1.56
resistance
to
the
$1.28
support
zone.
However,
the
bulls
have
used
this
support
to
propel
the
token
up,
forming
a
rounding
bottom
pattern.

The
rounding
bottom
pattern
is
a
bullish
reversal
pattern,
which
could
see
the
price
of
XRP
soar
even
higher.

The
Relative
Strength
Index
(RSI)
has
recovered
from
overbought
territory
(>70)
during
the
parabolic
move
and
is
now
hovering
near
the
upper
neutral
range,
currently
at
63.
This
suggests
that
there
is
still
room
for
upside
without
becoming
overbought
again.

If
the
bulls
sustain
the
bullish
trend
reversal,
the
price
of
XRP
could
soar,
breaching
the
psychological
resistance
at
$1.60.
This
could
lead
to
another
rally,
with
the
next
possible
target
being
around
the
$2.0
level.

XRP/USDT
Chart
Analysis
(Source:
Tradingview)

However,
if
the
bears
take
charge,
the
Ripple
token
price
could
plunge,
the
50-day
SMA
acts
as
a
dynamic
support
at
$1.25.

As
the
XRP
price
aims
for
a
continued
surge,
some
investors
are
turning
to
presale
meme
coins
like
the
newly
launched


Flockerz
(FLOCK)

for
more
explosive
upside
potential.

According
to
99Bitcoins,
a
popular
crypto
channel
on
YouTube
with
over
706K
subscribers,
FLOCK
has
the
potential
to
soar
100X
after
its
launch.

Flockerz
Raises
Over
$3.2
Million
In
Blockbuster
Presale

Flockerz
is

a
community-controlled
meme
coin
powered
by
its
unique
Vote-to-Earn
(V2E)
incentive
mechanism.
Holders
of
$FLOCK
can
earn
additional
tokens
by
simply
voting
on
decisions
that
shape
the
project’s
future.

The
underlying
framework
of
Flockerz
is
anchored
in
a
decentralized
autonomous
organization
(DAO)
called
Flocktopia,
where
every
holder’s
voice
matters.

In
this
way,
$FLOCK
holders
have
a
say
in
critical
decisions
such
as
protocol
changes,
budget
allocations,
adjustments
to
tokenomics,
grant
approvals,
investment
strategies,
and
more.

To
participate
in
the
voting
process,
users
are
required
to
purchase
$FLOCK
tokens.
The
more
tokens
you
hold,
the
greater
your
voting
influence.
When
a
new
proposal
is
introduced,
members
of
The
Flock
cast
their
votes
to
decide
its
outcome.

The
flock
is
flying
high!
We’ve
officially
crossed
$300K!

pic.twitter.com/MsLc5PeoyX

—
Flockerz
(@FlockerzToken)

September
28,
2024

Apart
from
V2E
rewards,
users
can
earn
passively
through
the
platform’s
staking
mechanism,
which
offers
a
sky-high
annual
yield
of
689%.

Investors
interested
in
joining
the
presale
can
visit
the
official
Flockerz
website
to


buy
FLOCK
tokens

at
the
current
price
of
$0.0061259
per
token
using
BNB,
ETH,
or
USDT.
You
can
also
make
a
purchase
using
your
bank
card. 

Buy
before
a
price
hike
in
about
one
day
to
secure
the
best
deal.

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