According to on-chain data, Cardano (ADA) is facing a significant challenge on its path to reclaiming the $1 mark, with a sell wall in its path. This sell wall, representing a substantial cluster of 4.3 billion ADA, could act as a key barrier for the cryptocurrency's price recovery past $1.
After reaching their yearly highs, the prices of XRP and ETH have started developing corrections, forming descending structures. Signs of corrections ending but breakouts are awaited to confirm.
XRP has been one of the top performers in Q4 2024, increasing its market cap rank in an impressive rally. Meanwhile, other cryptocurrencies significantly retraced in a recent market crash that liquidated billions from long positions, creating a buying opportunity.
The price of XRP has dropped by approximately 8% over the past seven days, currently trading just above two dollars and twenty-one cents. Last week, the launch of the RLUSD stablecoin caused a spike from $2.40 to $2.70, but sellers ultimately took control.
XRP bulls are positioning for a breakout after pushing prices to $2.19 amid surging market activity. With technical indicators showing a potential rally ahead, traders are setting their sights on the $2.50 threshold.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) which began in December 2020 with the arrival of Joe Biden as US president has now continued for 4 long years.
XRP price hovers at a crucial $2.20 support level, sparking debates about its future. Will it rally to $10 or face declines to $1?
In a livestream on December 21, titled “Partnerships,” Cardano founder Charles Hoskinson addressed lingering questions about the relationship between Input Output (IO) and the Cardano Foundation (CF), while also offering broader insights into the ecosystem's path forward.
A new week has started with bears putting the pressure on, according to CoinMarketCap.
TL;DR Cardano (ADA) has recently experienced a significant correction, mirroring patterns observed during its 2020 bull cycle, with analysts optimistic about its future trajectory. Prominent analysts predict that ADA could surge to $6, reflecting a potential 560% increase from its current valuation, with key technical indicators showing bullish signals.
XRP has recently found support around the 26 EMA, a significant level often acting as a pivot for market sentiment. The asset's price has shown consolidation in this area, indicating a potential reversal or further downside if the level fails to hold.
The purchase did little to buoy sentiment for bitcoin, which recorded its first seven-day loss since early November.
XRP ranked top among the most traded altcoins in December after a period marked with mixed movements. The asset price spiked to new highs not seen in three years before dropping nearly in two weeks.
Ripple chief technology officer (CTO) David Schwartz has published a tweet that ignited a discussion within the XRP community. Crypto fans began to discuss prospects of potential XRP price increase.
XRP, the fourth largest cryptocurrency by market capitalization, has experienced growth in its price and number of holders. XRP has seen a significant increase in nonempty wallets; according to on-chain analytics firm Santiment, the huge recent increase in XRP wallets, followed by a steady record rise in Ethereum wallets shows a massive two-year crypto growth.
XRP has faced a significant downturn in recent days, with its price dropping nearly 20% from an intraday high of $2.7255 on December 17 to $2.20 as of December 23, 2024. This decline comes amid broader struggles in the cryptocurrency market, where macroeconomic factors have driven a sharp sell-off.
Ripple is navigating a pivotal range between $1.8 and $3, with recent price action highlighting the likelihood of a consolidation phase. A breakout from this range will likely determine its next significant trend.
Cardano encountered significant selling pressure following a notable rejection at the $1.3 resistance region, resulting in a sharp decline. However, the price has now reached a critical support level, suggesting the potential for a bullish consolidation phase in the mid-term.
Cardano founder Charles Hoskinson says he wants to help the United States establish a crypto-friendly regulatory regime once President-elect Donald Trump
Ripple's native cryptocurrency XRP has shown major strength during the crypto market pullback, despite a 400% gain amid rising hopes of an XRP ETF launch. Ripple price is currently trading in a bull-flag pattern and eyeing a breakout to the $3.5 level.
XRP has seen an explosive surge in price, with the token recently hitting $2.23. However, this rally has raised concerns about whether the altcoin is overvalued or if it has the potential to continue climbing.
With the digital currency ecosystem in consolidation mode, XRP bulls are eyeing more ambitious price marks amid a rebound. At the time of writing, the price of XRP was changing hands for $2.19, down by 2.46% in the past 24 hours.
Cardano (ADA) experienced extremely low volatility on Sunday as the market stabilized after a rough week. ADA saw a significant 15% drop in value over the past seven days.
Ripple Vs SEC Lawsuit: On the fourth anniversary of US Securities and Exchange Commission v. Ripple Labs Inc (SEC v.
XRP Price has recorded significant transaction activity on Binance despite ongoing market corrections. The broader crypto market faces a downturn, with most tokens trading in the red, including Ripple.
Cardano (ADA) is facing increasing bearish momentum, with its price nearing a critical support level at $0.8119. This potential retest signals a pivotal moment for the cryptocurrency as market conditions turn unfavorable.
Cardano's (ADA) price has decreased by roughly 18% in the last seven days, aligning with the broader market condition after a period of consistent upswing. But besides the price, Cardano network activity has also felt the heat.
XRP experiences price volatility and whale accumulation while trading at $2.20, as Ripple announces political contributions and launches new stablecoin.
Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.
Cardano founder Charles Hoskinson recently praised Ripple CTO David Schwartz, commending his leadership and Ripple's resilience amid ongoing challenges.
The XRP price has continued its steep correction into the past 24 hours, with it currently hovering around the $2.2 price level. Nonetheless, analysts are still concerned about the possibility of the XRP price reaching new highs sooner than later, with some giving projections into the two-digit threshold at $10 and beyond.
Cardano sees sustained bearish outlook after dropping by 8.77% on daily charts. However, an analyst sees ADA potential rally to $6.
Ripple has pledged $5 million in XRP to President-elect Donald Trump's inauguration fund. Ripple's CEO, Brad Garlinghouse, has already had a private meeting with President Trump, which caused a major movement in the market, especially for the XRP price.
Ripple's XRP is currently trading in red and is trading below the $2.25 mark. Majority of the top 10 coins are trading in red, including Bitcoin. XRP continues to trade sideways as it remains in a consolidation phase. This range-bound movement is expected to exist as the market works through a correction.
XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone.
Trump's pro-crypto agenda gains traction with new Crypto Council appointments, aiming to foster innovation in digital assets.
Ripple's XRP has managed to maintain its position above $2, despite an 8.2% dip against the U.S. dollar this week. Over the weekend, massive onchain XRP transactions caught attention, and the network's stablecoin, RLUSD, reached a market valuation of $53 million.
Ripple is calling on the SEC to rebuild trust as its four-year legal fight over XRP persists, with hopes for policy shifts under incoming leadership. Ripple Urges SEC to Rebuild Credibility Amid XRP Lawsuit Ripple remains vocal in its ongoing legal battle with the U.S.
At this crucial point, XRP is testing the 26 EMA, a key support level that could dictate the asset's short-term course. After weeks of erratic price action, XRP is now at a critical juncture trading close to $2.28.
XRP's explosive rally faces risks as on-chain metrics point to overvaluation and weakening momentum.
Cardano's Hydra boosts ADA past $1, positioning it as a scalable dApp hub and a potential challenger to Ethereum's dominance. #partnercontent
Charles Hoskinson, the outspoken founder of Cardano, is taking his fight for crypto to Capitol Hill, just as he promised. The billionaire blockchain visionary plans to meet Democratic Senators, including Pennsylvania's John Fetterman, to probably push a bipartisan agenda for the crypto industry.
In the cryptocurrency space, XRP is gaining much attention, and many people are making predictions regarding its prospects for 2025. Bitstamp, a cryptocurrency exchange, excites investors with its promising future.
On December 22, 2024, Charles Hoskinson, co-creator of Cardano, addressed the blockchain community in a candid and detailed livestream. Broadcasting from Colorado, Hoskinson shared insights about Cardano's governance, partnerships, and technological advancements while reflecting on the challenges and successes of the year.
Cardano (ADA) is flashing familiar signals, with its current price action mirroring an earlier bull cycle that led to massive gains.
XRP has been trading in a decline over the past few days alongside the broader cryptocurrency market. However, despite this lull, the XRP price has managed to maintain its critical support levels and is currently positioning itself for a potential recovery.
Cardano (ADA) has recently caught the attention of investors and analysts alike. Following a significant drop of 8.77% on daily charts, Cardano's market outlook appears bearish.