XRP Price Prediction: As Ripple Token’s Burn Rate Hits 10-Day High, Traders Rush To Buy This “Grok Of Crypto” ICO

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The XRP price rose 1% in the last 24 hours to trade at $2.1947 as of 11:16 p.m. EST on trading volume that plunged 27% to $3 billion.

This comes as the XRP Ledger saw burns hit 4,000 XRP on April 24, the highest in the past 10 days. 

XRP Price Analysis – Breakout Poised For 49% Surge

The XRP price has recently been forming a descending triangle pattern, typically considered a bearish setup.

However, the Ripple token price action is showing signs of breaking slightly upward from the triangle’s resistance line, which could hint at a potential bullish breakout despite the bearish structure. Importantly, the price of XRP remains above both the 50-day and 200-day Simple Moving Averages (SMAs), suggesting that the broader trend still leans bullish for now.

The Relative Strength Index (RSI) is at 54.05, reflecting neutral momentum but leaning slightly bullish as it trends above 50.

Meanwhile, the MACD shows a bullish crossover, with the MACD line above the signal line and green histogram bars building, suggesting increasing bullish pressure.

If the XRP price confirms a breakout above the descending triangle, a move toward the $3.30 range could be expected, representing a potential gain of around 49%.

XRP Price Chart

XRP/USDT Chart Analysis (Tradingview)

However, there is need to remain cautious, as descending triangles often resolve to the downside, and a failed breakout could lead to a retest of the $2.00–$1.99 support area.

Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND) that’s become known as ”the Grok of Crypto.”

99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says MIND has the potential to soar 20X after its launch.

MIND Of Pepe Presale Amasses Over $8.2 Million – Best Crypto To Buy Now?

MIND of Pepe is a self-evolving artificial intelligence (AI) agent that has captured the attention of the crypto community as it soars toward $9 million in early-stage funding.

It is a groundbreaking project that combines advanced AI with blockchain technology to redefine how traders navigate the complex cryptocurrency market. Built on the Ethereum blockchain, the project’s AI agent is capable of learning, analyzing, and interacting autonomously online.

One standout feature is its ability to detect emerging trends in the Web3 space, especially on social media platforms like ‘Crypto Twitter’, before they gain widespread recognition.

MIND of Pepe’s AI agent goes beyond passive observation; it also actively interacts with key individuals, platforms, and communities shaping the market, delivering its insights directly to MIND holders through token-gated groups.

That’s why analysts say it has the potential to do for crypto what ChatGPT and Grok are doing for research and content generation – opening up a whole new world of possibilities.

MIND holders also have the opportunity to stake their tokens for a stratospheric 271% annual percentage yield (APY).

Currently, MIND tokens are priced at $0.0037415 and can be bought with either crypto or bank cards.

Interested investors should buy MIND before a price hike in less than 2 days and before its AI agent goes live on May 10.

Check out MIND here.

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