Join Our Telegram channel to stay up to date on breaking news coverage
The Baby Ripple price surged 25% in the last 24 hours to trade at $0.002822 as of 02:29 a.m. EST on trading volume that surged 32% to $10.14 million.
This comes as the team plans a $3,000 airdrop in collaboration with Biconomy.
Baby Ripple Price To Continue Soaring
The BABYXRP/USD chart analysis shows that the Baby Ripple price is currently displaying a bullish trend within a rising channel. The price of Baby Ripple has been respecting both the upper and lower bounds of the channel, creating higher highs and higher lows. This indicates a steady upward momentum, according to data from GeckoTerminal.
Moreover, the 50-day moving average (currently at $0.002391) is trending upwards, confirming the short-term bullish momentum. The price is trading well above the SMA, which typically signifies continued upward momentum.
The Relative Strength Index (RSI) is in the neutral-to-bullish zone, currently at 59, just below the overbought threshold (70). This suggests that while there is buying pressure, the BABYXRP price has room to grow further before becoming overextended.
The bullish sentiment is further supported by the Moving Average Convergence Divergence (MACD), as the blue MACD line crosses above the orange signal line, representing a bullish crossover.
The price of Baby Ripple is likely to retest the upper boundary of the rising channel ($0.003000) in the short term if the rising channel continues, as the bulls target $0.00350.
If the BABYXRP fails to maintain the upward channel, the $0.002500 support level (lower channel line) could be tested. A break below this level might lead to further downside to the 50-day SMA at $0.002391.
As the Baby Ripple price aims for a sustained rally, investors looking for alternatives may want to consider Crypto All-Stars (STARS), which according to ClayBro, a prominent crypto analyst on YouTube with over 130K subscribers, has the potential to soar 10X after its launch.
Crypto All-Stars Presale Secures Over $11.5 Million – Last Chance To Buy
Crypto All-Stars ($STARS) is a groundbreaking project that brings the MemeVault ecosystem into the crypto world, allowing investors to stake multiple meme coins in one place for the first time, earning rewards in $STARS tokens.
Supported meme coins from launch will be PepeCoin, Dogecoin, Shiba Inu, and Floki, as well as Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk. The platform plans to expand its list of stakeable meme coins in the coming months.
What Is Crypto All-Stars?
Crypto All-Stars is set to revolutionize the meme coin sector with its innovative ‘Meme Vault’ platform. 💥
This is more than just another meme coin – it's an entirely new way to interact with the meme coin ecosystem!
— web3telepath (@web3telepath) August 15, 2024
Traders can also stake STARS tokens for a huge 213% annual percentage yield (APY).
The project has seen explosive growth, surpassing $11.5 million today as investors pour capital into the project.
Currently, $STARS is available for just $0.0016782. Buy before the presale ends in just 10 days.
Purchase $STARS from its official website here using BNB, USDT, or a bank card.
Related News
- Bitcoin Price Prediction As MicroStrategy Buys The Dip With $2.1B BTC Purchase
- POPCAT Is Biggest Loser As Experts Say This Cat-Themed Meme Coin Might 100X
- PEPE Plunges 12% As This New Meme Coin Rival Raises Over $3.5 Million In Presale
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
