Bulls are controlling the situation on the market, according to CoinStats.
As Ripple's SEC battle nears its end, XRP is set for a surge, while DOGEN, the next big meme token, is primed for a 700% pump. #partnercontent
Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.
Ripple's native token, XRP, has been trading at a pivotal support level of $0.5, suggesting that while sellers have lost some momentum, buyers are still cautious. The cryptocurrency market's movements around this psychological support have ignite discussions about whether XRP can shift its bearish market structure into a bullish one, potentially climbing toward $1 in the coming months.
XRP has risen by 4.5% in the past 24 hours, jumping to $0.5341 as Donald Trump's victory in the US presidential election sends the cryptocurrency market on a rally today. The post XRP ETF Prospects Strengthen as Trump Wins Election – Will the New Administration Fast-Track Approval? appeared first on Cryptonews.
With Donald Trump winning the 2024 US Presidential Elections, the significant event has now set the stage for Clearer cryptocurrency regulations and the end of SEC's hostility towards crypto. Notably, Ripple CEO Brad Garlinghouse has also joined the celebrations of crypto candidates and Trump's victory in the elections.
XRP is underperforming most of the market today.
Ripple CEO Brad Garlinghouse shared his excitement about pro crypto candidates winning in the US election. From his X account he shared the data from Stand with Crypto stating that the crypto voter has spoken decisively tonight.
XRP is the talk of the city right now. It is definitely one of the most sensational cryptocurrencies. Ripple's ongoing legal battle with the SEC ensures that XRP commands considerable attention. In the last seven days, XRP has surged by at least 1.2%.
Today's trading session on the crypto market opened extremely positively, literally marking a new historical high for the price of the main cryptocurrency, Bitcoin (BTC). According to the quotes of the world's largest crypto exchange Binance, a new all-time high was set at $75,407.1 per BTC.
Ripple's (XRP) market cap rose but could soon lose its stop to Dogecoin (DOGE) if both cryptocurrencies continue to keep up with the recent performances. Over the last 24 hours, XRP's price has increased by 5.20%, while DOGE jumped by 22%.
Latest updates on ADA, XRP, and CRO coins.
Ripple CEO Brad Garlinghouse joins the crypto community to celebrate crypto candidates' victory and Donald Trump's win in the 2024 presidential election. This has set the stage for crypto regulatory clarity, stablecoin regulation, Operation Choke Point 2.0 end, and the conclusion of US SEC attacks against crypto including the Ripple vs SEC lawsuit.
XRP, the cryptocurrency known for its role in facilitating fast and low-cost cross-border payments, has been experiencing some significant developments recently. On-chain data reveals a sharp rise in active accounts on the XRP Ledger (XRPL), reaching a 7-month peak.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.
The Massachusetts Senate race has concluded with Senator Elizabeth Warren winning re-election over her pro-crypto opponent, John Deaton, marking a significant moment for the cryptocurrency industry. Warren, a prominent advocate for financial regulation, has remained a vocal critic of cryptocurrencies, which she often describes as a potential threat to financial stability and consumer security.
The U.S elections are underway and XRP price is witnessing increased volatility after Trump odds skyrocketed to an all-time high. According to a leading analyst, the election results could significantly disrupt the crypto landscape, potentially leading to huge price swings in XRP.
Meme cryptocurrency Dogecoin (DOGE) has surpassed XRP by market capitalization, according to data provided by cryptocurrency analytics firm CoinGecko.
US Senator Elizabeth Warren secured her third term in Massachusetts. She defeated Republican challenger John Deaton, a high-profile attorney and advocate for cryptocurrency.
XRP price is gaining pace above the $0.5050 support zone. The price is rising and might even aim for a move above the $0.5500 resistance.
Senator Elizabeth Warren has won reelection in the Massachusetts Senate race, defeating Republican challenger John Deaton. The victory, confirmed by the Associated Press on Tuesday night, has sent shockwaves through the cryptocurrency community, which had hoped for a different outcome.
The current market sentiment across the cryptocurrency landscape appears bullish as pro-crypto presidential candidate Donald Trump leads in U.S. election polls. 1.38 Billion XRP Transfer Amid this bullish sentiment, whales and investors have transferred a significant 1.38 billion XRP tokens worth $702.38 million from Bithumb to an unknown wallet.
In a series of three large transactions, whales transferred over 1.6 billion XRPvalued at $814 millionto unknown wallets. These moves, signaling potential accumulation by high-net-worth investors, coincide with growing market interest in the outcome of Ripples legal case with the SEC as XRP prices rebound.
XRP rises as Trump leads early; SEC implications may pave the way for a US XRP-spot ETF.
Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
An expert analyst is stirring up the debate over XRP's investment potential compared to Bitcoin. JayDee, a well-followed market analyst, has firmly stated that anyone who believes XRP is a better investment than Bitcoin is “out of their minds.
XRP, the digital asset linked to the Ripple network, has been a subject of much debate among cryptocurrency traders and analysts. A recent chart analysis by crypto analyst Egrag has drawn attention to an interesting feature in XRP's price history: a seven-year unbroken support level.
Artificial Superintelligence Alliance (FET) is one of the top gainers today, registering a 10% increase within the last 24 hours. This FET recovery contradicts its performance in October, when its price decreased by 13.39%.
The bounce from $0.5 was a sign that sellers were likely exhausted, but it is unclear if the buyers have the strength right now to reverse the momentum.
The U.S. elections are set to make a significant impact not only on politics but also on the cryptocurrency market, particularly on XRP. Currently, XRP is trading around $0.5072, showing a modest increase of 0.1% in the past day.
President of The ETF Institute, Nate Geraci, says the upcoming election will profoundly impact the future of crypto ETFs. The approval of new spot ETFs for assets such as Solana, XRP, and Litecoin is of particular interest.
The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.
XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea's Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets.
As cryptocurrency trends point to a bullish year in 2025, investors are paying close attention to the XRP price and another fast-rising altcoin, ETFSwap (ETFS). Predictions for the XRP price show a projected increase of up to 450%, while ETFSwap (ETFS) could potentially rally 14,000% to reach new all-time highs.
Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.
While XRP has remained with no major price surges recently, it seems like it is going through a substantial recovery, with the amount of burned coins getting closer to a serious level. A remarkable milestone is likely to be approaching in the lifecycle of XRP.
Unusual activity on the crypto market continues today, with the sudden withdrawal of 1.586 billion XRP from the floor of one of Korea's largest exchanges, Bithumb. According to reports from Whale Alert, 586.09 million XRP, equivalent to $296.95 million, first left Bithumb in an unknown direction.
The role of artificial intelligence in price forecasts
XRP's price rose for two consecutive days as traders awaited the closely watched U.S. election, which could have significant implications for Ripple. Ripple (XRP) rose to an intraday high of $0.52 on Nov.
XRP's price recently slipped below the critical support level of $0.51. This decline signals short-term bearish momentum but leaves room for recovery as XRP's market conditions improve.
The cryptocurrency market is currently navigating through a complex regulatory landscape, with the U.S. Securities and Exchange Commission (SEC) playing a pivotal role in shaping the future of digital assets. Among the ongoing challenges facing the market are the legal battles involving Ripple's XRP, as well as the broader conversation about Exchange-Traded Funds (ETFs) for altcoins like Solana and XRP.
Ripple's price is experiencing low volatility, stuck between the $0.5 support and resistance near the 200-day moving average at $0.54. This range-bound movement suggests indecision, with a potential breakout likely determining the next trend.
The XRP price has been on the investors' radar lately, with many anticipating a strong rally in the coming days. Amid this, a top crypto market analyst said that the crypto is poised to hit $1.10, before a massive breakout to over $6 and beyond.
An amazing milestone in the life cycle of XRP is approaching: 13 million XRP burned. Nevertheless, the effect on the dynamics of XRP's price and scarcity is negligible in the absence of a significant burning mechanism.
Here's why a potential Trump win could benefit XRP's value.