XRP has posted a 1% gain today, with its completion of a double-bottom bullish reversal suggesting that it's in the middle of breakout. The post XRP Flashes Double Bottom Reversal – Is $10 Next? appeared first on Cryptonews.

The cryptocurrency market remained subdued on Thursday. Bitcoin's price was stuck below the $85K mark, while other major coins like XRP and ETH showed muted movement. The global cryptocurrency market cap stands at $2.66 trillion, down 0.29% over the past 24 hours. Total market volume in the same period is $71.

XRP has just achieved a feat few anticipated: surpassing Ethereum in market capitalization, if only for a few hours. This surge, unprecedented since 2018, is not insignificant.

Cryptocurrencies have been performing positively in the past week after President Trump hit the pause button on his decision to implement high tariffs on imported goods from all countries.

Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors.

XRP has been outperforming Ethereum for five straight months in terms of price performance. This is a record run in the battle between these two top cryptocurrencies.

The crypto market continue to waver this week as fears of a downturn in the United States remain. Ethereum has stalled below $1,500, while Bitcoin and Ripple have remained in a narrow range.

Trump's WLFI chose BNB chain as the main avenue for issuing its USD1 tokens, which now holds 90% of its supply.

XRP was changing hands at $2.10 on April 17, 2025, giving the ledger's native token a market capitalization of $122 billion and $2.50 billion in 24‑hour trade volume. During the session, the price ranged between $2.07 and $2.11, a tight band that has chart watchers primed for the next decisive break.

XRP has been consolidating against both BTC and USDT after a period of strong volatility, finding support above key moving averages while remaining below major resistance levels.

Why are Deribit options traders bearish on XRP?

TL;DR Hidden Road, recently acquired by Ripple, has obtained a broker-dealer license, allowing it to expand its financial services for institutional investors. The company aims to become a comprehensive, non-bank brokerage firm covering both traditional and digital assets.

XRP (XRP 1.58%) isn't intended to be a platform for all manner of blockchain applications like many other leading cryptocurrencies are. Instead, it's a focused and highly efficient chain that doesn't try to cater to everyone.

XRP's price has faced a struggle to recover in recent weeks, with broader market conditions remaining bearish. Despite these challenges, XRP has managed to hold steady above the $2 mark.

Ripple coin wavered at a crucial resistance level this week as Bitcoin and most major altcoins stalled. Ripple (XRP) was trading at $2.10 on Thursday, up over 30% from its lowest point this month.

XRP is riding its longest-ever winning streak against ETH, with six straight months of outperformance — but is this momentum sustainable? Ripple (XRP) has now outperformed Ethereum (ETH) for six consecutive months, marking its longest winning streak on record against

The third biggest cryptocurrency, XRP, found itself on edge once again. A closer look at the daily chart of XRP/USDT reveals that the digital asset has formed a classic head-and-shoulders pattern.

The crypto investors are looking for Solana and XRP spot ETF approvals, as they witness the impact that Bitcoin and Ethereum exchange-traded funds have on the digital assets' prices. Not only can this provide the much-needed regulatory clarity, especially for the Ripple token, but it could boost its price.

XRP price fluctuations in the last 24 hours saw the coin flashing mixed signals to investors in the ecosystem. Although XRP attempted a bullish breakout as it looked to reclaim higher levels, market volatility prevailed, leading to mild liquidations.

XRP price has shown signs of recovery today as the broader crypto market stayed in the green. But experts are not convinced about a full recovery yet.

Binance Coin (BNB) is facing a rejection at the moving average lines after failing to break above them.

Ripple CTO David Schwartz has issued a scam warning, alerting the crypto community to an ongoing scam attempt aimed at XRP holders and cryptocurrency enthusiasts.

XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin has performed quite well and continues to inspire support.

XRP might be the next cryptocurrency to get a spot ETF listing in the U.S. after bitcoin (BTC) and ether (ETH), analysts argued this week. However, the Deribit-listed options market,doesn't share this optimism.

The cryptocurrency market is witnessing a split in sentiment after two high-profile events – Mantra OM's collapse and XRP's ETF journey.

Once again, XRP is exhibiting signs of waning momentum as it teeters perilously close to the $2.00 price mark. The asset is still struggling beneath important moving averages and trendline resistances, indicating that bears are still in control despite efforts to hold their ground and mount a breakout from its declining trend.

The biggest hurdle behind the XRP price slump is the Ripple vs SEC case, whose end date is approaching. A U.S. Court of Appeals has taken a significant shift in the XRP lawsuit, granting a joint motion from both parties.

XRP continues to lag behind the broader crypto market, raising concerns among investors. Despite repeated attempts to rally, the token has failed to break above the 26-day Exponential Moving Average (EMA), which remains a firm resistance point.

Ripple-affiliated cryptocurrency XRP is making history with six consecutive months of gains against Ethereum (ETH), marking its longest winning streak ever in this trading pair. After a staggering 160% rally against ETH in November 2024, XRP has maintained strong momentum throughout 2025.

XRP is showing signs of a potential breakout as it navigates heightened volatility and tests key support levels. The token recently surged from $2.00 to $2.24 between April 12 and 13, marking an 11.7% price increase driven by intense buying pressure.

BNB Chain burned $916 million worth of tokens in its quarterly burn event, but the price barely moved despite the reduced supply.

A report is expected in 60 days, but Paul Atkins' swearing in may cause more delays.

According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.

XRP maintains $2.00 support as SEC-Ripple case pauses for 60 days, with technical patterns suggesting a potential 27% breakout amid settlement talks.

Recent crypto whale metrics surrounding DeFi tokens have garnered immense investor optimism, suggesting that price gains for some coins are imminent despite the ongoing market uncertainty. Whale data on Thursday, April 17, indicated that large-scale investors stacked over $20 million in AAVE and UNI.

Ripple's XRP has failed to make a massive up move even after a positive legal update. XRP's price currently trades around 1.5% higher at $2.09. XRP saw a sharp breakout between April 12-13, rallying from $2.00 to a high of $2.24 — an 11.7% move fueled by a surge in volume.

The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) seems far from over. Even though the U.S. Court of Appeals has agreed to pause the case for 60 days, many are now asking, What's happening behind the scenes? Meanwhile, Prominent Crypto Lawyer James Farrell has shed some light on it.

While Mantra's downfall has deepened market skepticism, XRP's likely inclusion in a spot ETF offers a contrasting wave of optimism for traders, Santiment's analysts say.

April 17, 2025 06:53:17 UTC XRP Price Jumps 20% Amid Lawsuit's Final Phase Ripple's decade-long legal battle with the SEC is nearing its end, but a crucial step remains. Ripple seeks an “indicative ruling” from Judge Torres to resume private XRP sales, which is vital for a future IPO.

The Ripple-linked XRP cryptocurrency is on track to score six consecutive months of positive returns against archrival Ethereum (ETH) for the first time in history.

Ripple and the SEC have agreed to pause their long-running legal battle amid settlement talks, as ETF experts signal growing confidence in the approval of a spot XRP ETF.

The 10-year-long case showcasing Ripple's true commitment and breaking the chain of SEC's manipulation and injustice has finally reached its last leg.

BNB price is recovering from the $575 support zone. The price is now consolidating gains and might face hurdles near $585 and $600.

BONK's descending channel highlighted the bearish trend and the attempted consolidation around the 2024 low.

XRP has captured the crypto markets attention with one of the most extreme liquidation imbalances seen in recent sessions. In just one hour, XRP futures saw an astonishing 8,909% difference between short and long liquidations, totaling $248,000 in overall liquidations on altcoin perpetuals.

The XRP community is buzzing after a massive transfer of 70 million XRP, valued at over $150 million, between two unidentified wallets. The transaction, flagged by Whale Alert, sparked intense speculation across crypto forums and social media, especially given its timing alongside a slight uptick in XRPs market price.

ProShares, a leading exchange-traded fund (ETF) issuer, has updated its filing to set April 30 as the target date for launching its XRP futures-based ETF. While this signals the product is nearly ready, there is no guarantee it will start trading on that specific date.

XRP is facing renewed selling pressure after breaking below a key technical pattern known as a rising wedge, pointing to a bearish shift in the near-term outlook. The pattern, which is formed by converging trendlines connecting higher highs and higher lows, typically suggests weakening bullish momentum.