{"id":564596,"date":"2020-11-14T12:24:31","date_gmt":"2020-11-14T09:24:31","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=564596"},"modified":"2020-11-14T12:24:31","modified_gmt":"2020-11-14T09:24:31","slug":"xrp-breaks-0-27-as-investors-prepare-for-the-flare-networks-snapshot","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/xrp-breaks-0-27-as-investors-prepare-for-the-flare-networks-snapshot\/","title":{"rendered":"XRP Breaks $0.27 as Investors Prepare for the Flare Networks Snapshot"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>XRP is once again above $0.25 and $0.26<\/strong><\/li>\n<li><strong>XRP is attempting to turn the $0.27 price area into a level of support<\/strong><\/li>\n<li><strong>The digital asset&#8217;s bullishness is as a result of the Flare Networks snapshot on the 12th of December at 0:00 UTC<\/strong><\/li>\n<li><strong>Those who wish to be part of the event, are advised to move their XRP to an exchange or platform, confirmed to be participating in the snapshot<\/strong><\/li>\n<\/ul>\n<p>A quick glance at <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Coinmarketcap<\/a> reveals that XRP is one of the few digital assets showing impressive 24-hour gains. At the time of writing, XRP is trading around the $0.27 price area and with a gain of 5.49% in the last 24 hours. XRP&#8217;s impressive performance can be seen in the screenshot below.<\/p>\n<figure id=\"attachment_564597\" aria-describedby=\"caption-attachment-564597\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th.jpg\"><img class=\"size-large wp-image-564597\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-1024x347.jpg\" alt=\"\" width=\"1024\" height=\"347\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-1024x347.jpg 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-300x102.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-770x261.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-500x169.jpg 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-240x81.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th-717x243.jpg 717w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-CMC-Nov-14th.jpg 1273w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\"><\/a><figcaption id=\"caption-attachment-564597\" class=\"wp-caption-text\">Screenshot courtesy of Coinmarketcap.com<\/figcaption><\/figure>\n<h2>What the Daily XRP\/USDT Chart Says<\/h2>\n<p>The daily XRP\/USDT chart further <a href=\"https:\/\/en.ethereumworldnews.com\/xrp-could-outperform-bitcoin-in-2021-crypto-analyst\/\" target=\"_blank\" rel=\"noopener noreferrer\">confirms XRP&#8217;s bullishness<\/a>. From the chart (below) it can be observed that the price of XRP is confidently above the three daily moving averages: 50-day, 100-day and 200-day.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th.jpg\"><img class=\"aligncenter size-full wp-image-564598\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th.jpg\" alt=\"\" width=\"971\" height=\"511\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th.jpg 971w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th-300x158.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th-770x405.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th-500x263.jpg 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th-240x126.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRPUSDT-Nov14th-717x377.jpg 717w\" sizes=\"(max-width: 971px) 100vw, 971px\" title=\"\"><\/a><\/p>\n<p>Additionally, XRP&#8217;s trade volume is in the green. The daily MACD has also crossed in a bullish manner with its histograms confirming increased buying interest. However, the daily MFI and RSI are a bit high with values of 67 and 73 respectively thus pointing to some level of consolidation for XRP in the days to follow.<\/p>\n<p>In terms of resistances moving forward, XRP has the following short term price levels to contend with on its path towards $0.30.<\/p>\n<ul>\n<li>$0.272<\/li>\n<li>$0.277<\/li>\n<li>$0.281<\/li>\n<li>$0.287<\/li>\n<li>$0.290<\/li>\n<li>$0.295<\/li>\n<\/ul>\n<h2>XRP Could Continue on its Bullish Climb Due to the Flare Networks Snapshot<\/h2>\n<p>In terms of fundamentals, XRP investors have <a href=\"https:\/\/en.ethereumworldnews.com\/everyone-wants-to-connect-to-ethereum-eth-weiss\/\" target=\"_blank\" rel=\"noopener noreferrer\">the Flare Networks snapshot<\/a> event to look forward to. According to the team at Flare Networks, the snapshot will occur on the 12th of December at exactly 00:00 UTC.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Snapshot will take place at 00:00 GMT on 12\/12\/20<\/p>\n<p>&mdash; Flare (@FlareNetworks) <a href=\"https:\/\/twitter.com\/FlareNetworks\/status\/1327269011709702146?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">November 13, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>XRP Investors Advised to Move their Digital Assets to a Confirmed Platform that Supports the Event<\/h2>\n<p>The team at Flare Networks has <a href=\"https:\/\/en.ethereumworldnews.com\/xrp-army-hit-by-another-elaborate-scam\/\" target=\"_blank\" rel=\"noopener noreferrer\">further advised XRP<\/a> investors <a href=\"https:\/\/twitter.com\/FlareNetworks\/status\/1327239376733138945\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">to be careful<\/a> and to only transfer their funds to an exchange or platform <a href=\"https:\/\/en.ethereumworldnews.com\/binance-kraken-in-talks-to-support-xrps-spark-token-airdrop\/\" target=\"_blank\" rel=\"noopener noreferrer\">that has confirmed<\/a> its participation in the snapshot.<\/p>\n<blockquote><p>For XRP held at an exchange that is NOT supporting Flare.<\/p>\n<p>To receive Spark &#8211; either: a) move it to self custody before 12\/12\/20 n&#8217; make the claim or b) move to a supporting exchange before 12\/12\/20.<\/p>\n<p>You must decide which supporting exchange you trust. We cannot accept liability.<\/p><\/blockquote>\n<p>A full list of exchanges and platforms supporting the snapshot can be found on the <a href=\"https:\/\/flare.xyz\/supporting-exchanges\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Flare Networks website<\/a> and include the following.<\/p>\n<blockquote><p><strong>Exchanges:<\/strong> AltCoinTrader, AnchorUSD, BitBay, bitbns, bitrue, btc markets, Celsius, Coinfield, CoinSpot, eToro, eToroX, GateHub, GOPAX, NDAX.IO, NEXO, Tokens.net, Uphold, YouHodler.com<\/p>\n<p><strong>Wallets:<\/strong> Cobo Wallet, Exodus, Guarda, Ledger, XUMM, DCENT, Ellipal, Gatehub, SafePal, MetMask (for those willing to manually carry out the procedure)<\/p><\/blockquote>\n<p>For more information on the Flare Networks snapshot, <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/latest-ripple-xrp-news\/\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> holders are advised to visit <a href=\"https:\/\/flare.ghost.io\/claiming-spark-faq\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">the FAQs section<\/a> of their site.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: XRP is once again above $0.25 and $0.26 XRP is attempting to turn the $0.27 price area into a level of support The digital asset&#8217;s bullishness is as a result of the Flare Networks snapshot on the 12th of December at 0:00 UTC Those who wish to be part of the event, are advised to move their XRP to an exchange or platform, confirmed to be participating in the snapshot A quick glance at Coinmarketcap reveals that XRP [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":561328,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4656],"tags":[108195,84,6957],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/564596"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=564596"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/564596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/561328"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=564596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=564596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=564596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}