{"id":564530,"date":"2024-08-14T12:13:12","date_gmt":"2024-08-14T12:13:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=564530"},"modified":"2024-08-14T12:12:29","modified_gmt":"2024-08-14T12:12:29","slug":"xrp-price-jumps-2-as-rumors-for-xrp-etfs-resurface-but-bullish-traders-are-flocking-to-this-crypto-for-its-226-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/xrp-price-jumps-2-as-rumors-for-xrp-etfs-resurface-but-bullish-traders-are-flocking-to-this-crypto-for-its-226-apy","title":{"rendered":"XRP Price Jumps 2% As Rumors For XRP ETFs Resurface, But Bullish Traders Are Flocking To This Crypto For Its 226% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The XRP price jumped 2% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xd15b00e81f98a7db25f1dc1ba6e983a4316c4cac\"><span style=\"font-weight: 400\">to trade at $0.5755<\/span><\/a><span style=\"font-weight: 400\"> as of 03:34 a.m. EST on trading volume that dropped by a fraction of a percentage to $1.2 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP ETFs have come into the spotlight once again after Bitnomial Exchange informed the CFTC of its plans to introduce XRP\/USD futures contracts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The listing has fueled speculation about a potential XRP ETF launch for the crypto as regulatory clarity around XRP continues to solidify.<\/span><\/p>\n<h2>XRP Price Aims For A Rebound<\/h2>\n<p><span style=\"font-weight: 400\">The XRP has invalidated the rounding bottom pattern in the last week, dropping from the $0.64 resistance within a falling channel pattern, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xd15b00e81f98a7db25f1dc1ba6e983a4316c4cac\"><span style=\"font-weight: 400\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP now aims to soar over the channel, as it trades above both the 50-day and 200-day Simple Moving Averages (SMAs), indicating that the price of XRP is on an uptrend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, the Relative Strength Index (RSI) is also rebounding from the 50-midline level, to currently trade at 51, which shows that XRP is currently trading in equilibrium but showing signs of rebounding as the buying intensifies.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Moving Average Convergence Divergence (MACD) also trades up above the neutral line, which shows that XRP is currently on a bullish trend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If the price of XRP continues with the bullish trend, the bulls could push the price of XRP up, as they target $0.70.<\/span><\/p>\n<figure id=\"attachment_564531\" aria-describedby=\"caption-attachment-564531\" style=\"width: 1255px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-564531 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_XRP_2024-08-14_10-34-21.png\" alt=\"XRP Price Chart Analysis Source: GeckoTerminal.com\" width=\"1255\" height=\"473\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_XRP_2024-08-14_10-34-21.png 1255w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_XRP_2024-08-14_10-34-21-300x113.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_XRP_2024-08-14_10-34-21-1024x386.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Pancakeswap-V3-BSC_GeckoTerminal.com_XRP_2024-08-14_10-34-21-768x289.png 768w\" sizes=\"(max-width: 1255px) 100vw, 1255px\"><figcaption id=\"caption-attachment-564531\" class=\"wp-caption-text\">XRP Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Conversely, if the bears take control of the price, XRP could plunge back to the major support around the $0.50 support zone.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the XRP price prepares for a possible bullish rally, PEPE lovers are buying the new upgrade,<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400\">Pepe Unchained (PEPU)<\/span><\/a><span style=\"font-weight: 400\">, which has already raised over $8.6 million in early funding.<\/span><\/p>\n<p><span style=\"font-weight: 400\">99Bitcoins, a prominent crypto channel on YouTube, says $PEPU is one of the best cryptos to buy now with 100x potential.<\/span><\/p>\n<p><iframe title=\"Next 3 100X Potential Crypto to Buy Now?! (BIG POTENTIAL!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/nY8nlmVJiww?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><b>Pepe Unchained Raises Over $8.6 Million&ndash; Best Meme Coin To Buy Now?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Pepe Unchained is set to follow the success seen by its predecessor, PEPE, which has delivered mind-blowing returns to early investors and continues to rule the charts, despite other meme coins being created.<\/span><\/p>\n<p><span style=\"font-weight: 400\">From its name, Pepe Unchained aims to set free Pepe, a prisoner chained to his old, clunky Layer-1 server room. The project will run on its own proprietary Ethereum Layer 2 blockchain.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Who needs some Brain Powder?<\/p>\n<p>Pepe is gearing up for the official launch of his very own blockchain! &#128640; <a href=\"https:\/\/t.co\/kZC72UmxFy\">pic.twitter.com\/kZC72UmxFy<\/a><\/p>\n<p>&mdash; Pepe Unchained (@pepe_unchained) <a href=\"https:\/\/twitter.com\/pepe_unchained\/status\/1803856656704618843?ref_src=twsrc%5Etfw\">June 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Pepe Unchained aims to tackle the scalability, speed, and efficiency issues that often plague meme coins built on the Ethereum Layer-1 blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Token holders can also earn passively through<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400\">the platform&rsquo;s staking system<\/span><\/a><span style=\"font-weight: 400\">, which offers an annual percentage yield (APY) of 226%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can buy $PEPU tokens for $0.0090539 each. With a price hike coming in less than nineteen hours, buy soon to lock in the best deal.<\/span><\/p>\n<p><span style=\"font-weight: 400\">To join the presale,<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400\">buy $PEPU from the official website here<\/span><\/a><span style=\"font-weight: 400\"> using ETH, USDT, or a bank card.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye\"><span style=\"font-weight: 400\">&#128640;&#128176; Are Crypto Presales Worth It? 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