An analyst has explained how XRP could eventually reach a $4.40 price target based on the bull pennant pattern that has formed in its 4-hour price. XRP Has Just Shown Its Third Straight Bull Pennant Pattern In a new post on X, analyst Ali Martinez has discussed the bull pennant patterns that have formed for XRP recently.
Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana's market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018.
Cryptocurrency markets are trading lower despite U.S. Bitcoin ETF inflows nearing $10 billion. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,080.94 -2.8% Ethereum (CRYPTO: ETH) $3,798.59 -4.7% Solana (CRYPTO: SOL) $222.86 -5.6% Dogecoin (CRYPTO: DOGE) $0.4355 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002971 -7.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.4% and daily active addresses increasing by 8.7%.
A former XRP skeptic has made an unexpected statement declaring the present price chart of XRP to be the best among all the cryptocurrencies. This surprising praise has sparked debates about Ripple's digital currency, which still attracts strong advocates as well as outspoken detractors.
Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.
Ripple CEO Brad Garlinghouse has addressed recent comments made by former SEC official John Reed Stark during a recent "60 Minutes" episode, arguing that his points were "provably false."
Dogecoin ($DOGE) has been demonstrating strong upward momentum in recent weeks, with technical indicators showing that it is poised to reach new price levels. Currently, the crypto has exited the oversold zone and is approaching the overbought territory.
Cryptocurrencies took a breather today as the price of Bitcoin retreated from $100,000 and traded around $97,500 as of 1 p.m. ET. Treasury yields rose in anticipation of new inflation data later this week, but otherwise, it was not immediately clear what drove the sell-off.
XRP has been on an extraordinary price run since Donald Trump's surprise presidential election victory in early November, which many see as a catalyst for broader optimism in the crypto space.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
The price of Dogecoin has fallen by 4% today, but its indicators suggest it will break through the $0.50 resistance level by the end of the year. The post Dogecoin Breaks Key Resistance – $1 DOGE Incoming? appeared first on Cryptonews.
For the past few days, Ripple Labs CEO Brad Garlinghouse has remained in the spotlight. His recent interview with 60 Minutes is still trending on X with former US SEC Enforcement official John Reed Stark wading in.
U.S. SEC Chair Gary Gensler's reign over the crypto industry may have prompted the creation of super political action committee Fairshake.
The Dogecoin price shows signs of continued bullish momentum, as a crypto analyst has predicted a potential breakout towards the $0.74 all-time high. This significant price surge is expected to occur following the meme coin's consolidation phase, which began after its recent rally above the $0.4 level.
Crypto analyst Master Kenobi has again alluded to the 91-day pattern to provide insights into where the Dogecoin price could be headed next. The analyst suggested that things could turn out differently for DOGE as its price action hasn't exactly followed this historical pattern.
The cryptocurrency market is experiencing euphoria, with Bitcoin vaulting above $100,000, propelled by more than $33 billion flowing into the world's largest crypto asset through spot ETFs.
Elon Musk and Vivek Ramaswamy are leading the Department of Government Efficiency (DOGE), an initiative aimed at cutting U.S. federal spending and reducing government waste.
The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases.
XRP continues its battle with Tether for the third position in terms of market cap.
XRP's "bullish pennant" could send it to $3.80 before the end of the year.
Bitcoin's dip impacts Ethereum and XRP, but memecoins like Dogecoin, Baby Doge Coin, and Floki signal bullish continuations with potential for up to 60% gains.
Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares' latest report on digital asset flows. These inflows pushed year-to-date (YTD) totals to $41 billion, with assets under management (AuM) climbing to $165 billion.
Cryptocurrency markets have been watching Donald Trump's change of heart on cryptocurrency.
The XRP (XRP) price has dipped substantially back from the multi-year highs it hit last week in the $2.90 area, and was last trading around $2.40, but whale activity on the XRP Ledger remains strong. The post XRP Price Targets $5 as Whales Load Up – Is Another Surge Coming? appeared first on Cryptonews.
Dogecoin's price dropped by 5% in the last 24 hours, but the bearish trend might change.
Sellers have seized the initiative at the beginning of the week, according to CoinStats.
Ripple CEO Brad Garlinghouse recently appeared on CBS's “60 Minutes.” However, the segment became more interesting when former SEC official John Reed Stark, a known crypto skeptic and supporter of SEC Chairman Gary Gensler, appeared to present opposing views on crypto's utility, regulation, and XRP's classification.
XRP's price has been seeing some significant movements lately, with recent whale transactions suggesting potential for a new all-time high (ATH). Over the past few hours, there has been a notable transfer of 34,943,418 XRP, worth approximately $84 million, between unknown wallets.
A new week has started with a market correction, as all of the top 10 coins are in the red zone, according to CoinMarketCap.
In recent hours, a substantial quantity of DOGE was transferred to Binance, one of the world's largest cryptocurrency exchanges.
XRP price suffered a harsh reversal on Dec. 9, mirroring the performance of Bitcoin and other altcoins. Ripple (XRP) dropped to a low of $2.40, down by 16.
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.
Cardano co-founder Charles Hoskinson revealed ongoing discussions with Ripple executives about integrating XRP into Cardano's Midnight sidechain.
As Bitcoin turns sluggish, the memecoin mania has also faded to a large extent. The most dominant memecoin, Dogecoin, has now turned bearish as the BTC price is flashing bearish signals.
XRP's upward momentum has taken a hit after the price failed to reclaim its previous high of $2.9, sparking a fresh decline that has resulted in the price dropping toward previous support levels. The rejection has raised questions about the strength of the bulls and whether they can regain control to steer the price back to higher levels.
XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors.
XRP price is down 13% from its peak of $2.75 last week but traders continue to remain bullish on the altcoin per its technical chart.
Amid revolutionary announcements, technological developments, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic conflicts. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.
XRP (CRYPTO: XRP) has outperformed Bitcoin and Ethereum over the past month, following Ripple's favourable legal developments. The cryptocurrency peaked at $2.82—its highest level in nearly seven years—triggering speculation of even larger gains.
XRP holds firm above $2.40 despite Ripple's RLUSD stablecoin delay. Key support and resistance levels to watch for the next breakout.
In a significant update for the Dogecoin community, a crucial reminder has been issued to Dogecoin node operators. Dogecoin node operators have been urged to take immediate action to upgrade their systems following the release of Dogecoin Core 1.14.9.
Brad Garlinghouse, CEO of Ripple, has publicly expressed dissatisfaction with how CBS News' 60 Minutes portrayed his interview. The Dec. 8 episode, which condensed a 90-minute discussion into a 60-minute segment, omitted key details that Garlinghouse believes were crucial to accurately depicting Ripple's legal battles and the broader crypto landscape.
Ripple chief technology officer (CTO) David Schwartz has published a post that triggered the XRP's community's excited feedback in the comments.
Bitcoin, XRP, and Litecoin have reached their initial resistance levels after breaking out of bullish patterns and are now consolidating at these levels while seeking the next direction.
XRP price data strongly argues why the current correction is a buy-the-dip opportunity for whales and the altcoin's potential to move higher.
XRP, the cryptocurrency tied to Ripple, saw a sharp drop of nearly 8% today bringing its price down to $2.36. This marks the steepest decline in over two months, even as the token stays close to its all-time highs.
The crypto markets are contracting again as the Bitcoin price is losing grip over the rally as the token is struggling to sustain above $98,500. This has caused the other top altcoins, like Ethereum, to lose support as it drops below $3,900.
It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.