Join Our Telegram channel to stay up to date on breaking news coverage
The XRP price has dropped 4% in the last seven days to trade for $0.5011 as of 02:32 a.m. EST.
In the past 24 hours, the Ripple token has dipped a fraction, on trading volume that surged 10%.
XRP Price Prediction
The Ripple price is consolidating sideways as part of a horizontal chop. It is stuck below the 50% Fibonacci placeholder of $0.5665. The market is leaning in favor of the downside, with multiple momentum indicators suggesting a possible downside.
To begin with, the Relative Strength Index (RSI) is below the mean level of 50. This worsened by the position of the Awesome Oscillator (AO) in negative territory. With this, it is likely that the XRP price could extend the fall before a possible recovery.
Based on the Fibonacci retracement indicator, the XRP price could provide another buying opportunity at $0.4228.
GeckoTerminal: XRP/USDT 1-day chart
A closer look at the RSI reveals that the momentum indicator has managed to record a steady series of higher lows since April. This points to a growing bullish sentiment that could bode well for the Ripple token.
If the bulls increase their buying strength, the XRP price could recover. A move above the 50% Fibonacci placeholder of $0.5665 is expected to encourage more buying orders. In a highly bullish case, the Ripple price could extend the climb above the $0.7102 level.
Meanwhile, eTukTuk (TUK) is turning heads as this green AI crypto presale races towards the $4 million mark in its ICO. Crypto YouTuber DCA Crypto says the project is ”changing the world,” and believes anyone interested should get in early.
Promising Alternative To XRP
TUK powers the eTukTuk ecosystem that’s committed to helping Tuk Tuk drivers adopt a more energy-efficient mode of transportation. It’s leveraging the $TUK token to establish electric Tuk Tuks and Electric Vehicle Charging stations (EVSEs) in regions including South Asia and Africa, starting with Sri Lanka..
Cilinix Crypto says it has great long-term potential.
Among the key distinguishing factors about the project is that it presents a robust use case. It has a well-defined concept, meeting users where blockchain tech and sustainability intersect.
The team is committed to establishing an ecosystem dedicated to combating carbon emissions via the integration of blockchain technology and AI advancements. The aim: To propel the global transition to electric vehicles.
Ready to drive change? 🌍
Accelerate towards a sustainable future with eTukTuk! 🚗💨
Participate in the $TUK token sale now and become a part of the green mobility revolution.https://t.co/XIXcperneW
— eTukTuk (@eTukTukio) December 27, 2023
Token holders can stake their TUK for an annual percentage yield (APY) of 84%.
TUK tokens sell for $0.0315 each, but a price increase is scheduled in about five days.
Visit the eTuktuk website to buy TUK here.
Also Read:
- Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk
- eTukTuk (TUK) Storming Into 2024 With Massive Funding, Learn Why Here
- eTukTuk Strives to Bring Sustainable Transport to Developing Nations With Its Innovative Three-Wheeler EV and Charging Infrastructure
- eTukTuk Continues to Impress As Traders Rush to New Electric Vehicle Revolution in Developing Nations With Over $310k Raised Already
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $40+ Million Raised at ICO - Ends December
Join Our Telegram channel to stay up to date on breaking news coverage
