Ripple CEO Brad Garlinghouse said the SEC has finally pulled the plug on a four-year legal fight.
XRP price has risen by more than 4 percent in the last week but faces resistance at $2.47. What will it take to break above that barrier?
The cryptocurrency price prediction today, March 25, is bullish after the US stock market recorded its best trading day in history after adding more than $1.5 trillion. These gains coincided with a recovery across the cryptocurrency market with Bitcoin price reaching a two-week high above $88,000.
XRP has dipped by 1.5% in the past 24 hours, yet the possibility of Ripple's IPO could send it flying to new highs later this year. The post Will Ripple's IPO Launch Spark an XRP Breakout? Key Price Levels to Watch appeared first on Cryptonews.
There is something about April that XRP just can't shake - a stubborn, almost predictable slump that keeps repeating no matter how optimistic the broader averages look on paper. March did its part, delivering yet another positive close like clockwork, the third in a row, right in line with historical expectations.
XRP has stalled this week even after Ripple CEO Brad Garlinghouse shared his views on how Ripple will compete with SWIFT. Ripple (XRP) was trading at $2.40 on Tuesday, holding steady over the past few days.
XRP is once again at a crucial juncture as it attempts to break above the daily 50-day Simple Moving Average (SMA).
This new addition builds on the company's existing acceptance of $ETH and $BTC. This will allow customers from Open House to use a wider range of digital assets to purchase property.
XRP's recent rally, partly driven by news of the Ripple case conclusion, continues to push the asset to new highs, potentially shaking up the cryptocurrency rankings by market capitalization.
XRP price has traded near the flatline today, consolidating near the $2.4 mark, but experts remained bullish on the future trajectory of the coin. In a recent analysis, a top expert has set a “conservative” target of $15 for Ripple's native asset, sparking market discussions.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
The crypto market demonstrates moderate price rebound patterns toward the end of Q1 2023. The Bitcoin value remains stable at $87K but alternate cryptocurrency prices demonstrate convincing upward price action.
Even though there has been a discernible decline in on-chain activity, XRP is demonstrating resilience as the price remains stable above important moving averages. XRP has slightly decreased by 0.43% over the past day, and it is currently trading at $2.43.
Story Highlights The XRP Price LIVE: . The price could hit a high of $3.99 in 2025. XRP Price Today: XRP value has dropped 0.59% in 24 hours to $2.44. In the latest update, the U.S. SEC dropped its lawsuit against Ripple Labs.
Here are the latest developments around Ripple and its native token.
After a decisive legal victory against the SEC, XRP, Ripple's cryptocurrency, is experiencing a meteoric rise. This advancement has propelled its price and rekindled the hopes of investors betting on a bright future for blockchain.
XRP is riding a wave of renewed optimism as its price hovers at $2.45.
XRP remains stuck around the $2 level, with experts issuing warnings of restricted near-term growth prospects. According to recent analysis, the digital currency is going through a phase of uncommon stability that has investors speculating about its next step.
XRP's price struggles to build momentum on the SEC news, with key indicators warning of a bearish shift in trend.
The recovery in the digital currency ecosystem took a minor twist as most buyers cooled off, which has triggered mild liquidations for altcoins like Dogecoin (DOGE) and XRP. At the time of writing, CoinGlass data shows that Dogecoin currently has a bigger liquidation figure than XRP, a sign of over-leverage for the meme coin.
XRP price can register a massive rally this week amid reports that the US Securities and Exchange Commission (SEC) will vote on closing the Ripple lawsuit on March 27. The end of this case will also put Ripple's IPO plans in motion as the company seeks to be publicly listed in the US.
Jimmy Vallee, founder of Valhil Capital, is pushing for a massive $500 billion restitution for XRP holders. This push comes in response to the U.S. Securities and Exchange Commission's (SEC) 2020 lawsuit against Ripple, which alleged that XRP sales were unregistered securities offerings.
Ripple is struggling with the critical 100-day moving average, experiencing low volatility. However, the price action remains decisive, as a breakout or rejection at this level is likely to trigger a significant move.
Ripple CEO Brad Garlinghouse confirmed in an interview with FOX Business that financial institutions, particularly banks, are increasing their engagement with Ripple and XRP following the US Securities and Exchange Commission's (SEC) decision to end its investigation into the company.
XRP's price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity.
XRP shows promising signs for a potential breakout above $2.50, with technical patterns, reduced legal risks, and ETF speculation fueling bullish sentiment.
Prices of cryptocurrencies fluctuate quite often. Expert traders can capitalize on them, but constant market monitoring and adjusting trade strategies are still required, especially during a bear market.
ETPs, the heavily scrutinized investment vehicles, have delivered a resounding verdict: Ethereum is losing ground against XRP and Solana. According to CoinShares, net outflows from ETH-related products reached 86 million dollars in one week, while its rivals are nibbling away at market shares.
Coinbase, a prominent crypto exchange, draws a severe rebuke from XRP lawyers amid the Ripple Vs SEC lawsuit debate. In a recent development, XRP lawyer Bill Morgan questioned Coinbase's selfish motives, highlighting their deafening silence.
XRP has achieved a significant technical breakout by surpassing the 50-day exponential moving average (EMA), which had capped its gains for weeks. As of March 24, XRP is trading around $2.48, marking a 1.69% daily increase.
Ripple's XRP has gained 6% in the last seven days. However, the price is down by more than 2% on the daily chart and is struggling to break the $2.50 mark. On the positive side, after five weeks of withdrawals, digital asset investment products saw a $644 million inflow.
PLUS: AI tokens remained stable despite a prominent technology backer saying investments in the sector are occurring “ahead of demand.”
XRP may be set to break past key resistance levels, and that would mean gains ahead.
XRP price started a fresh recovery wave above the $2.40 zone. The price is now correcting gains from $2.50 and might revisit the $2.35 support.
21Shares has announced a major update for Swedish investors: XRP (AXRP), Bitcoin (CBTC), and Solana (ASOL) ETPs (Exchange-Traded Products) are now available on the Nasdaq Stockholm exchange in Swedish kronor. This makes it easier for investors to access these popular digital assets with local currency exposure.
Ripple CEO Brad Garlinghouse says the U.S. is undergoing a major shift in crypto regulation, calling it an unlocked market after years of stagnation. In an interview with Fox Business, Garlinghouse emphasized that people are underestimating the significance of this change.
XRP, the native token of Ripple Labs, appears to be turning bullish after months of downtrend. Amid ongoing market uncertainty, XRP has recently broken out of key resistance levels, including both the descending trendline and the cup-and-handle price pattern.
A long-term technical pattern on XRP price chart is drawing attention as crypto analysts outline a bullish scenario that could see the altcoin climb to $1,452.81. The projection is based on the breakout of a multi-year “bull flag” formation, traditionally seen in technical analysis as a continuation pattern that may precede upward momentum.
Ripple gains momentum amid rising ETF approval odds, regulatory shifts, and talk of an XRP supply shock.
XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million.
Crypto analyst Prophecy Trading has alluded to the XRP price chart which he noted is showing a wave 4 corrective structure that could lead to a new all-time high (ATH) in April. XRP is expected to witness one last price correction before it rallies to a new ATH of $4.
With a 4.56% gain, Shiba Inu broke above the local descending trendline and moved prices to around $0.00001354, showing the first indications of a possible reversal. Years of consolidation around the $0.0000122 support zone, which served as a base during increased whale outflows, preceded this move.
Asset management firm 21Shares has deepened its European footprint by launching three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm, according to a March 24 announcement. The newly introduced products are the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP).
It's been quite the run for XRP (XRP 1.41%) since President Donald Trump won the election back in November. Although it's been volatile like much of the sector, the world's third-largest cryptocurrency has ripped roughly 374% since Election Day (as of March 22).
Ripple CEO Brad Garlinghouse recently discussed what is next for his firm and how crypto legislation could also positively impact the crypto industry's trajectory and the future of blockchain technology. This comes just days after the US SEC agreed to drop the long-running Ripple lawsuit.
Crypto markets are rallying on Monday as the S&P 500 is having its best day in two months. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,253.26 +3.8% Ethereum (CRYPTO: ETH) $2,091.79 +4.8% Solana (CRYPTO: SOL) $142.75 +9.3% XRP (CRYPTO: XRP) $2.46 +2.8% Dogecoin (CRYPTO: DOGE) $0.1865 +9.1% Shiba Inu (CRYPTO: SHIB) $0.00001359 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 1.6% and daily active addresses falling by 6.4%.
Ripple CEO Brad Garlinghouse is predicting crypto adoption will soar this year as US President Donald Trump embraces the industry.
The XRP price is climbing steadily following Ripple's legal victory against the SEC, sparking renewed interest in its payment ecosystem. With IPO rumors swirling and optimistic technical forecasts, all eyes are on XRP's next move.