XRP price corrected some losses and climbed above the $2.25 zone. The price is now struggling to clear the $2.350 resistance zone.
On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.
Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.
XRP Market Awaits SEC Decision: The SEC's next move could drive XRP toward $1.50 or its all-time high. Explore the legal and market implications.
The on-chain data by Santiment reveals that whales bought 40 million XRP in the last 24 hours after a week of price consolidation.
A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn't bring back quantitative easing (QE), then ADA could continue to slip.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
Dogecoin faces stagnation as open interest drops severely and key support levels fail to hold.
HBAR, the native token powering the Hedera Hashgraph distributed ledger, has seen an 11% price surge in the past 24 hours. This price rally comes amidst a noticeable rise in demand for the token in the past few days.
Solana (SOL) reached a new daily transaction record, handling 72M transfers, despite a 37% transaction failure rate. Solana gets a boost from meme token activity and the spike of Pengu (PENGU) trading.
On Dec. 10, 2024, the New York Department of Financial Services approved Ripple's new stablecoin, RLUSD, on the XRP Ledger and Ethereum blockchains.
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself.
Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu.
The price of Cardano (ADA) has joined the so-called Santa rally, a trend that is amusing investors after a very volatile week. Earlier, the price of the coin dropped to a 4-week low of $0.7659 and entering a short period of consolidation afterward.
XRP is currently trading at $2.34, up over 7% on the Christmas eve. Analysts predict that XRP could be eyeing a rally to its yearly high of $2.91 after its recent gains.
Hedera (HBAR) has emerged as a standout player in the cryptocurrency market, with growing attention focused on its technical setup and bullish prospects. Currently trading at $0.2715, a 4.98% increase at press time, HBAR's price action is signaling the potential for a major breakout.
TL;DR Hedera Hashgraph (HBAR) surged 21% from its weekly low, reaching $0.324, driven by the crypto market's Christmas rally. Optimism grows with the potential approval of an HBAR ETF by the SEC, as it is not classified as a security, unlike Solana or Ripple. Technically, HBAR shows bullish patterns and is expected to reach $0.
XRP has been range-bound in recent days, consolidating after successfully holding strong above the critical $2.10 support level. As one of the standout performers this cycle, XRP experienced a massive surge following the US election, capturing investor attention.
The XRP price is currently enjoying a nice recovery, having pumped over 7% on Christmas Eve. Based on several analyses, XRP could be eyeing a rally to its yearly high of $2.91.
In a latest X post, Ripple CTO David Schwartz has shared crucial insights into the nature of staking in the crypto market. These comments come at a time when there is a debate going on over whether crypto staking should be considered taxable.
Bullish, an institutional cryptocurrency exchange backed by PayPal co-founder Peter Thiel, has announced the official listing of the Ripple USD (RLUSD) stablecoin. The listing comes after the stablecoin's launch on December 17.
Cardano (ADA) price continues to show volatility, maintaining its position among the top 10 largest cryptocurrencies by market cap despite being down over 18% in the last seven days. The recent downtrend has been marked by bearish technical indicators, including a death cross on its EMA lines and a weak position on the Ichimoku Cloud.
Analysts and investors alike have Dogecoin under the lens, particularly in light of recent forecasts indicating a possible price spike. Market analyst Javier Santini has made headlines with his forecast that Dogecoin could hit $4 within a week after an ongoing correction phase.
Sonic SVM, the developers of one of the first tap-to-earn (T2E) games available on TikTok, announced that users of the video-sharing platform will also be eligible to receive a portion of its $SONIC airdrop. In a relatively short period, the SonicX game managed to attract over 1 million users after a month of its launch.
A Morgan Stanley expert has identified WallitIQ (WLTQ), an AI token, as one of the top crypto picks for 2025. While Dogecoin's fan base is growing as some analysts predict that the Dogecoin Price will soon hit the $30 mark, this Morgan Stanley expert has recognized a crypto diamond in the rough.
Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.
XRP, the native token of Ripple Labs, has been under the spotlight amidst ongoing uncertainty in the cryptocurrency market. While many major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), have experienced notable declines in price, XRP has managed to maintain a crucial support level at $2.15 for the past five trading days.
TL;DR In the last 12 hours, around 17 million RLUSD have been transferred. The movements could be linked to Ripple's treasury. The company has made several large-volume transactions, including one of 10 million RLUSD in one hour, aimed at strengthening the liquidity of its stablecoin in the market. XRP has risen 7.
According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.
Solana‘s (CRYPTO: SOL) growth over the past two years, marked by a staggering 2,143% price increase, is rooted in a substantial $55 billion influx of new capital, according to a recent analysis by Glassnode. The report, released earlier in the week, delves into the network's underlying dynamics, revealing robust investor demand that, despite profit-taking, hasn't reached levels traditionally associated with market tops.
A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst's price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency.
It is Christmas Eve, and on the cryptocurrency market, the prices of most of our beloved digital assets are turning holiday green. Currently, the third largest cryptocurrency, XRP, is no exception, as its price jumped over 5.1% from the day's low to its recent high of $2.325.
ADA, the native token of the Cardano blockchain, appears to be struggling amid ongoing market uncertainty. Adding to the concerns, a recent update regarding Cardano's token unlock has sparked fear among traders and investors about a potential price dip.
In a recent discussion on X, Ripple's Chief Technology Officer David Schwartz provided crucial insights into the nature of staking in the cryptocurrency market.
Rare buy signal on Solana charts hints at rebound as traders eye $250 breakout!
Hedera Hashgraph's price rose for the third consecutive day as the Santa Claus rally returned in the crypto market. Hedera Hashgraph (HBAR) rose to $0.3300 on Christmas Eve, up over 30% from its lowest level last week.
Ripple's RLUSD stablecoin has been on the market for almost a week now, and its progress is growing by the day. Launched on Dec. 18 on both the Ethereum and XRP Ledger (XRPL) blockchains, the dollar-pegged stablecoin's market cap currently stands at $53.06 million, giving RLUSD a 3,032, according to CoinMarketCap's ranking.
As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.
Solana (SOL) price reached a new all-time high on November 22 but has been in a corrective phase since, currently trading 27% below that peak. Recent technical indicators highlight mixed signals, with bearish momentum showing signs of easing but still dominating the market.
On-chain data reveals that there has been a “parabolic” rise in the number of wallets holding onto the native token of the XRP Ledger, XRP, as the value of the cryptocurrency rose more than 310% after Republican presidential candidate Donald Trump won the U.S. elections.
Solana (SOL) is showing early signs of a potential rebound, supported by its current technical setup.
Though it is undeniable XRP had an excellent run in November, and that it, despite the turbulence, retains much of the recent gains, it is equally clear that, last week, the token fell upon tough times.
Cardano (ADA), the ninth-largest cryptocurrency by market capitalization, has recorded significant profit margins in its holding addresses. Despite ADA's price dipping below the $1 mark, this positive development is occurring.
Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants.
Digital assets saw minor gains over the past 24 hours as the Fear and Greed Index read neutral at 55. However, prevailing performances suggest trend shifts. Bitcoin eyes price levels above $97K with USUAL and Hedera's HBAR in for the Santa rally. Bitcoin signals recoveries BTC trades at $94,230 after losing 1.
In the last seven days, XRP has faced a notable correction, which is in line with the broader market condition. But today, the XRP price chart has displayed something that will gladden the hearts of the altcoin holders.
XRP is navigating an environment of volatility as its push toward $3 resistance appears to have stalled amid the broader market correction.