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news-imageOctober 28, 2024

Can XRP Surpass $1? Key Resistance and Open Interest Surge Point to Big Move

The price of XRP has risen by 1.5% in the past 24 hours, with a rising open interest level suggesting that the coin could be in for a big move. The post Can XRP Surpass $1? Key Resistance and Open Interest Surge Point to Big Move appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Positive
XRP

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Positive
cover-imageNewsBTC
October 28, 2024

Seasoned Trader Eyes $35 For XRP, Says It's Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash' – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

Positive
cover-imageThe Currency Analytics
October 28, 2024

Analyst Predicts XRP Breakout Timeline Similar to 2017 and 2021

Market analyst The Block Bull has recently made waves with a prediction that XRP, the cryptocurrency associated with the Ripple network, could be on the verge of a significant price breakout. This forecast is based on an analysis of XRP's historical price movements dating back to 2015, suggesting that we may be nearing a crucial turning point reminiscent of XRP's explosive surges in 2017 and 2021.

Negative
cover-imageUToday
October 28, 2024

XRP Death Cross: It's Not Over

A death cross formation, a technical occurrence in which the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by XRP. Generally speaking, this formation is interpreted as a bearish signal that suggests possible downward movement.

Positive
cover-imageUToday
October 28, 2024

Ripple CTO Puts End to XRP Usage Concerns

David Schwartz, CTO of Ripple and one of the main people behind XRP Ledger (XRPL), recently spoke about some concerns the XRP community has been having about the need for XRP to facilitate transactions on the ledger. These concerns came up as Ripple prepares for the launch of RLUSD, a stablecoin that the company introduced to expand its service offerings.

Negative
cover-imageThe Currency Analytics
October 28, 2024

XRP Community Reacts to SEC's 2025 Deadline Request in Ripple Case

The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the SEC has formally requested a deadline of January 15, 2025, to file its main appeal brief. This request has generated considerable buzz within the XRP community, with many expressing both concern and curiosity about its implications for Ripple and its cryptocurrency, XRP.

Negative
cover-imageUToday
October 27, 2024

Ripple v. SEC: XRP Future Still Unclear on State Level, Lawyer Confirms

In a recent development in the Ripple litigation in California, a U.S. District Court Judge issued orders on several motions, bringing further clarity to the ongoing lawsuit in which plaintiffs allege securities law violations by the cryptocurrency company. The parties involved in the XRP lawsuit have scheduled settlement talks as the court prepares for a pretrial conference on Dec. 19 and jury selection on Jan. 21, 2025.

Neutral
cover-imageThe Currency Analytics
October 27, 2024

Ripple Appeals $105M Judgment in SEC Lawsuit, Aiming to Transform Crypto Regulations

Ripple Labs has formally appealed a crucial $105 million judgment in its prolonged legal case against the U.S. Securities and Exchange Commission (SEC), marking a significant moment in the regulatory debate over cryptocurrency. Attorney Jeremy Hogan, who has closely followed the case, points out that Ripple's legal arguments have broader implications for the crypto industry, potentially challenging the SEC's framework and raising key questions around what constitutes an “investment contract.

Neutral
cover-imageForbes
October 27, 2024

What Is Ripple (XRP)?

Learn about Ripple (XRP), a digital currency designed for fast, low-cost international payments. Discover how it works, its uses, and its impact on finance.

Neutral
cover-imageThe Currency Analytics
October 27, 2024

Ripple's Strategic Cross-Appeal Against the SEC: Four Key Issues Highlighted

Ripple Labs Inc. made headlines as it filed a detailed pre-argument appeal statement in its ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). This filing outlines four major issues that Ripple seeks to challenge in its cross-appeal, marking a significant step in the company's efforts to clarify its position regarding the sale and classification of XRP.

Neutral
cover-imageThe Currency Analytics
October 27, 2024

XRP Set for a Major Breakout as Experts Weigh In on Price Movements and Market Trends

XRP, the cryptocurrency often associated with the Ripple network, has been generating buzz lately, primarily due to ongoing legal developments with the U.S. Securities and Exchange Commission (SEC) and Ripple's CEO publicly backing Kamala Harris in the upcoming elections. Despite this attention, XRP's recent price trends paint a picture of uncertainty and volatility, leaving investors and traders on edge.

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