Ripple CEO’s Tattoo Predicts XRP Price Surge? Here’s When It Will Hit The Moon
2023年10月4日 - 10:00AM
NEWSBTC
In the wake of a sideways XRP price action followed by a
significant decline after Ripple’s legal victory against the US
Securities and Exchange Commission (SEC), a new wave of speculation
has emerged, fueled by the astrology-inspired tattoo sported by
Ripple CEO Brad Garlinghouse. Unveiled during a recent Ripple
party held to celebrate the legal triumph on July 13, the tattoo
has captured widespread attention, triggering discussions and
conjecture about its potential significance. And as for any
“announcement” that people are wondering about, tonight’s event is
just a celebration…but I will share my recent addition:
pic.twitter.com/q4THzsr4Fp — Brad Garlinghouse (@bgarlinghouse)
September 29, 2023 Related Reading: Bitcoin News: Revival Of
“Satoshi Nakamoto” Account Could Signal Slump In BTC Price? Ripple
CEO’s Intriguing Tattoo Sparks Speculation The tattoo, prominently
displayed on Garlinghouse’s arm, features a combination of
intriguing symbols, including the XRP logo, moon, planets, rocket,
and constellations. XRP enthusiasts have been dissecting
these elements in search of hidden messages and insights into
Ripple’s long-term plans. Some interpret the tattoo as a bold
statement of confidence in XRP’s prospects. In contrast, others
delve deeper into its symbolism, particularly regarding the next
anticipated XRP price surge date. Jeremy Hogan, a prominent lawyer
supporting XRP, has taken on the role of decoding the tattoo’s
cryptic meaning. According to Hogan, the tattoo’s elliptical shape
represents the solar eclipse that will occur on April 8th, as
observed from the coordinates 37°46′39″N 122°24′59″W.
Notably, this elliptical path intersects with the full “moon” when
viewed from northern latitudes. Many within the XRP community have
embraced this interpretation, considering it a potential indication
of an upcoming bull run. Historical patterns in the cryptocurrency
market are worth considering to bolster this hypothesis regarding a
potential price surge on April 8 or in the first half of 2024.
These patterns lend credibility to the notion that significant
events, such as the Bitcoin halving, can influence market trends.
In April, the next Bitcoin halving is expected, marking a reduction
in the mining reward for Bitcoin. Past halving events have often
coincided with notable price increases for Bitcoin, suggesting a
potential positive impact on the broader cryptocurrency market.
Moreover, another crucial factor that could propel XRP to new
heights is the possibility of another legal victory against the US
SEC. Such a win could restore confidence and open doors for further
adoption and usage of the token. Although the outcome remains
uncertain, these developments contribute to an atmosphere of
anticipation within the crypto community. XRP Price Struggles Below
Key Moving Averages After experiencing a prolonged downward trend
over the past three months, the price of XRP has now dipped below
two critical levels: its 200-day and 50-day Moving Averages
(MAs). These MAs have proven to be significant obstacles to
the token’s potential for future growth, suggesting the possibility
of a retracement or consolidation phase below current price levels.
Related Reading: Cardano To Shed Its Gains? Profit-Taking Spikes To
High Levels XRP is trading at $0.5117, positioned below the 200-day
MA of $0.5196 and the 50-day MA of $0.5290. These levels now serve
as resistance barriers for the token, making it more challenging
for XRP to regain upward momentum. Another noteworthy indicator of
the unsuccessful attempt to penetrate upper resistance lines is
XRP’s squeeze momentum indicator and ADX. The squeeze
momentum indicator indicates a downward slump in what was
anticipated to be an upward movement, impeded by the resistance
barriers. Additionally, the ADX reflects declining buying activity
and bullish momentum among investors and bulls. The future course
of XRP remains uncertain, as it is yet to be determined whether the
token will succumb again to a wave of selling pressure or remain in
a consolidation phase below these critical levels, potentially
delaying another uptrend. Featured image from Shutterstock, chart
from TradingView.com
Ripple (COIN:XRPUSD)
過去 株価チャート
から 6 2024 まで 7 2024
Ripple (COIN:XRPUSD)
過去 株価チャート
から 7 2023 まで 7 2024