XRP recorded a price correction, which can restrict it from competing with BTC and ETH.

It seems a new record won't arrive in 2024.

Ripple's XRP has entered a period of consolidation, navigating through minor price fluctuations while maintaining a generally positive trajectory. As of today, XRP trades at $2.17, reflecting a slight decline of over 2%.

US Crypto Policies Threaten XRP & BTC Trends: Anti-crypto moves by the Biden administration and SEC weigh on XRP prices and BTC adoption potential.

Ripple's XRP is currently consolidating on the larger time frame, with no major price correction. Instead, the market is moving sideways, hinting at a period of consolidation within an overall uptrend. At the time of writing, XRP is down by more than two percent and is trading at $2.17.

Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his thoughts on the regulation of Ripple, expressing that he always believed the scrutiny on the company and its cryptocurrency XRP was unnecessary.

Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.

CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger's (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume.

Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.

One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token's dominance continues to scale up in the following months.

The cryptocurrency market is a connected ecosystem, and interoperability fuels its development. Cardano, which has a market capitalization of $31.4 billion, and Ripple's XRP, with a market capitalization of $123 billion, could be planning to enter into a symbiotic relationship.

The SEC's ongoing legal battle with Ripple over its XRP token is that it is overreaching to regulate the crypto space while leaving more pressing issues such as the Sam Bankman-Fried. Focusing on Ripple could be a concerning precedent for future digital asset regulations in the U.S.

Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. The rule, titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was recently introduced by the IRS.

The Ripple (XRP) price has broken below the 21-day SMA support and made a low above $2.00. Cryptocurrency price analysis brought by Coinidol.com.

Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.

Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.

Cryptocurrencies did well in 2024, and the trend may continue in the coming year as the Federal Reserve cuts rates. XRP price surged to $2.90, up by over 640% from its lowest level during the year after Donald Trump won the election.

Despite the recent bull rallies by both coins, OKX appears to have maintained its stance, as previously stated in June of this year. Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures will be delisted by the crypto exchange today.

The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX.

XRP's price is currently chilling at $2.14, having dipped 1.1% in the last 24 hours. With a market cap of $123 billion, it ranks fourth behind tether (USDT), boasts a global trade volume of $5 billion, and has been bouncing between $2.13 and $2.23 today.

Robert Kiuru, COO at XRPL Labs, recently stressed the importance of the Batch Amendment for the XRP Ledger.

XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple (XRP) price was trading at $2.

In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.

The price of Ripple-linked cryptocurrency XRP has witnessed considerable selling pressure recently following a crypto-wide drawdown last week. However, this has not deterred analysts from sharing ultra-bullish targets for the coin.

XRP, after witnessing price volatility in the past couple of days, with its value dropping to $2.137, has made a rebound. Data from CoinMarketCap shows the coin has reclaimed the $2.20 price level, representing a 1.75% increase in the past 24 hours.

The digital asset currently holds a 2% market dominance, with a market cap of $125 billion. The coin is trading at $2.20, up 52% in the last month, with a daily trading volume of over $5.60 billion.

Cryptocurrency enthusiasts and traders have been paying close attention to XRP, the digital asset associated with the Ripple network. Recently, crypto analyst Egrag Crypto made waves with a bold prediction that XRP could reach as high as $27 in the next market cycle.

XRP News: Crypto exchange Binance's peer OKX will delist Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures today. The move comes in line with current market trends and to meet users' needs, the crypto exchange explained.

XRP price has entered a consolidation phase over the past seven days, following a historic rally during November and December that saw it reach its highest levels in six years. Whale activity has stabilized, with the number of wallets holding between 10 million and 100 million XRP recovering to 301 after a month-low of 292 on December 18.

XRP is currently dealing with an interesting situation, as its on-chain metrics and price movement show. Active accounts for the digital asset have decreased, and the most recent data indicate a sharp decline in user activity.

After Trump's November victory, the crypto market surged, fueled by expectations of a pro-crypto-Republican stance. XRP soared 54.65% in a month to $2.31, achieving a market cap of $132.3 billion and a staggering 270% quarterly growth, securing its position as the fourth-largest cryptocurrency. Though XRP is down 4% today and trading at $4.

With 2025 approaching fast, the cryptocurrency market is alive with excitement. Analysts and fans are preparing for a booming altcoin season driven by a decrease in Bitcoin dominance and a larger change in market trends.

Cryptocurrencies had quite a year in 2024. Bitcoin (BTC 0.92%), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well.

Whale distribution and a convincing bearish reversal indicator set up XRP for further price declines in early 2025.

Bitcoin (BTC) fell further on Boxing Day, plummeting from $98,000 to a low of $95,214, failing to reclaim $100,000 over the holiday period. The cryptocurrency is down just over 2% over the past 24 hours, trading around the $96,100 mark with sellers firmly in control.

XRP price has experienced a 6% decline over the past week, mirroring the crypto broader market downturn. The entire sector is in a slump, with Bitcoin now valued at $95,000.

South Korea's ongoing political upheaval continues to derail its economy and crypto markets. XRP and the local currency, the Korean won (KRW), have experienced notable drops in market value amid the impeachment of acting President Han Duck-soo.

The Sui Network (SUI) is gearing up for a significant event on January 1, 2025, with nearly $300 million worth of its native token set to be unlocked. This is part of Sui's monthly process, which increases the circulating supply and impacts investor holdings. Despite a recent 5.

Despite recent selling pressure due to market turbulence, analyst Egrag Crypto predicts a potential rally to $27 for XRP, citing historical patterns.

XRP has recently experienced a dip into a key support region between $2.40 and $2.20. This area saw some initial price reaction on Sunday and Monday this week, but the response hasn't been strong enough to suggest a clear upward move just yet. At the current price levels, XRP is showing signs of consolidation.

XRP price failed to continue higher above $2.35 and declined. The price is down over 5% and is showing bearish signs below the $2.20 level.

XRP, the native token of the Ripple network, could be poised for a significant market cap surge, according to a new analysis by crypto expert EGRAG Crypto. The analyst's predictions suggest that XRP could potentially outperform leading cryptocurrencies like Bitcoin and Ethereum, with the possibility of its market dominance pushing the token's valuation to a staggering $1.56 trillion, equating to a price of $27.2 per token.

Crypto markets face pivotal moments as SEC's Ripple decision and BTC-spot ETF flows steer XRP and Bitcoin price trends into 2025.

Egrag Crypto has projected a bullish XRP surge to $27, citing the 21 EMA crossover and historical performance trends. With parallels drawn to XRPs 2017 rally and current market dynamics, the crypto analyst believes a 4,770% price increase is achievable.

The XRP (XRP -6.16%) cryptocurrency is falling in today's trading. The crypto token price was down 6.6% over the last 24 hours of trading as of 6:15 p.m.

The so-called "Santa Rally" of Bitcoin, which is typically a time of optimism and price increases during the holiday season, is beginning to show indications of possible danger. After a brief decline below the 50 EMA at $95,000, Bitcoin has managed to recover and is currently trading close to $97,000.

Here's why experts are bullish on XRP ETF despite the expected SEC appeal in January.