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news-imageDecember 19, 2024

$782 Million Liquidation Tsunami Punishes XRP Bulls: Bottom Hit?

Over the past 24 hours, the cryptocurrency market was hit by a tsunami of liquidations, which took away almost $800 million in traders' positions. Diving deeper into the data from CoinGlass, it is apparent that most of them, namely, almost 84% of them, came from long positions.
Publisher: UToday
Sentiment: Negative
XRP

More News Articles

Negative
cover-imageFinbold
December 19, 2024

$7 billion wiped from XRP in a day

Though most discussed in the context of the staggering post-election rally, XRP's most recent trend has been one of stagnation, and the latest even turned into a substantial price drop.

Negative
cover-imageThe Currency Analytics
December 19, 2024

John Reed Stark Criticizes Ripple Ruling in XRP Lawsuit

A former SEC enforcement official and vocal critic of cryptocurrency, has raised significant concerns about the recent ruling by Judge Torres in the Ripple case. Stark, speaking on the Docket Media LLC podcast, expressed his belief that the decision made by Judge Torres was fundamentally flawed and could lead to confusion for the wider cryptocurrency industry.

Neutral
cover-imageCoinPedia
December 19, 2024

XRP News: Is XRP Still a Good Investment After Its 500% Rally?

Ripple's native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, XRP has come under fire in a video titled “Everything That's Wrong With XRP,” sparking debate within the crypto community.

Positive
cover-imageCoinPedia
December 19, 2024

Why XRP Price Could Reach ATH in 2025? Key Events Explained

In the last 30 days, XRP has witnessed a massive growth of over 116.1%. It has outperformed all the other top cryptocurrencies, including Bitcoin, Ethereum, Solana, and Dogecoin. Popular crypto analyst Velo Maxi advises holders to watch for a few key events before selling their tokens.

Neutral
cover-imageCoinPedia
December 19, 2024

XRP Price Prediction For December 19

XRP's price is currently trading between two key levels: strong support around $2 and resistance between $2.90 and $3. This $3 level has been a tough barrier for XRP, and the price hasn't yet broken down the overall bullish trend, despite some short-term pullbacks.

Negative
cover-imageBenzinga
December 18, 2024

Bitcoin, Ethereum, XRP, Dogecoin Plummet Despite Anticipated 25 Basis Point Rate Cut

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

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