“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump's return to office,” QCP Capital traders said in a Friday broadcast.
XRP price is up over 15% and moving higher above the $0.740 support zone. The price could accelerate higher if it clears the $0.8450 resistance zone.
XRP has encountered resistance at the $0.75 price point for the third time in 12 months, once again failing to break through this key level. The latest rejection occurred on November 13, 2024, when XRP made an impressive rally, climbing back into the $0.70 range.
XRP's soaring NVT ratio raises questions about the sustainability of its price rally, hinting at possible overvaluation.
Shiba Inu (SHIB) has recently seen growth, with its price reaching $0.00003, grabbing renewed interest from the crypto community. However, after a period of upward movement, SHIB faced significant selling pressure, leading to a temporary price drop.
XRP rallies 12% as SEC Chair Gensler hints at resignation; could the SEC withdraw its Ripple appeal?
In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at $0.6649, a move that has been further substantiated by two consecutive daily closes above this key level.
After consolidating for over a year, Ripple's native token (XRP) has broken out from a bullish price action pattern and is now poised for notable upside momentum. However, XRP experienced this crucial breakout as United States Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at his resignation.
XRP has been on a bullish streak, experiencing a notable 24.78% price increase in recent days. This surge has pushed XRP into the overbought territory, with the Relative Strength Index (RSI) reaching 79.76, signaling that the upward momentum could continue, but also suggesting caution for potential consolidation or pullback.
Driven by bullish market sentiment following Donald Trump's win in the concluded US Presidential election, the Dogecoin price has been steadily increasing, aiming to break through the $0.4 resistance level. A crypto analyst of Trading View has discussed several factors that could propel the Dogecoin price even higher, potentially hitting the $1 mark in this bull market.
Intesa Sanpaolo, Italy's largest bank, is expanding its digital assets desk to include spot trading for cryptocurrencies, having secured the necessary internal approvals and technical setup to enter the market and enhance its blockchain initiatives. The post Italy's Ripple Partner Intesa Sanpaolo Expands Digital Assets Desk for Crypto Spot Trading appeared first on Cryptonews.
XRP price has grown substantially, reaching a six-month high of $0.83, spurred by favorable regulatory developments and heightened investor sentiment. The recent announcement of a potential resignation by SEC Chair Gary Gensler has fueled optimism within the crypto sector.
Litecoin is embracing its inner meme coin amidst a double-digit run, and it's all thanks to Dogecoin.
Ripple and the U.S. Securities and Exchange Commission (SEC) has been closely followed by crypto enthusiasts and investors, with many hoping for a swift resolution. However, recent insights from legal experts suggest that the case might not reach its conclusion until 2025, with a potential shift in the SEC's leadership playing a key role in the timeline.
Numerous reports emerged that Gensler might be leaving the SEC.
Dogecoin's price surged 20% following President-elect Trump's announcement of the Department of Government Efficiency (DOGE), led by Elon Musk, prompting speculation among holders about a potential 100x return for a new coin by 2025. The post Dogecoin Holders Bet Big on This New Coin as Trump Prepares For Inauguration Day – 100x by 2025? appeared first on Cryptonews.
The cryptocurrency market witnessed retracements today, with Bitcoin dipping from above $90,000 to $88,902 at press time. While enthusiasts anticipate BTC at $100,000 soon, PEPE, Cardano, and Ripple drew investor attention for various reasons. Let us find out more.
Shrub (CRYPTO: SHRUB), the new pet of Elon Musk‘s family, is trading more than 3,300% higher in seven days as whales keep accumulating the meme coin following a Musk tweet. What Happened: In a tweet on X on Nov.3, Musk responded to a user asking about his hedgehog pet with the words "her name is Shrub, the hedgehog.
The new Solana-based meme token PNUT has surged over 300% in less than 24 hours, fueled by excitement from Elon Musk's tweets, raising speculation about its potential to become the next Dogecoin. The post Peanut Price Explodes 300% in Less Than 24 Hours – Could This Be the Next Dogecoin? appeared first on Cryptonews.
Ripple Labs Developers have inked a partnership with Societe Generale-Forge (SG-Forge) to integrate the EURCV stablecoin on the XRP Ledger (XRPL) in 2025. According to the SG-Forge announcement, the deployment of the EURCV stablecoin on XRPL aligns with its plan to go multi-chain.
Dogecoin may have a backer headed to the White House, but other big dog-themed coins are jumping on token listings and broader crypto hype.
Cardano creator Charles Hoskinson took to X to reveal that he had been in talks with Ripple CEO Brad Garlinghouse.
The controversial XRP cryptocurrency has added more than 10% over the past 24 hours, hitting a new 2024 high of $0.7734 earlier this Thursday.
Meme coins are back in a big way. Dogecoin (DOGE) and Pepe Coin (PEPE) have surged nearly 100% in the past week, fueled by renewed interest in the broader crypto market.
DOGE has been topping the gainers' chart for the whole of November, and according to market signals, there might be a possible shift in Dogecoin price soon pushing its price well over $1. Analyst Kaleo highlighted that Dogecoin is currently in an accumulation phase just above a significant resistance level on the higher timeframe, laying
XRP saw strong trading activity on Wednesday. It had climbed 6.31% over the past 24 hours to reach $0.76 amid a broad market rally spurred by Bitcoin's record-breaking surge to $75,000.
SG-FORGE, the digital asset subsidiary of Societe Generale, is set to launch its Euro-pegged stablecoin EURCV on the XRP Ledger (XRPL), a move aimed at enhancing cross-border payment systems in Europe. Scheduled for 2025, this expansion to XRPL is part of SG-FORGE's broader multi-chain approach, following deployments on Ethereum and Solana.
Elon Musk, the world's wealthiest man and soon-to-be United States government employee, postulated on X that the OG meme coin's inflationary model is a “feature, not a bug.”
Societe Generale‘s crypto subsidiary, SG-FORGE, has announced plans to extend its EUR CoinVertible (EURCV) stablecoin to the Ripple-backed XRP Ledger (XRPL), according to a Nov. 14 statement. According to the lender, XRPL's swift cross-border payments and efficient asset tokenization capabilities make it an ideal platform for EURCV's continued growth.
Memecoins have taken the cryptocurrency world by storm, with Dogecoin leading the charge. As the landscape shifts, new and affordable altcoins are emerging, poised for significant growth.
The price of the leading meme coin, Dogecoin (DOGE), has recently witnessed a meteoric rise. Rallying by 111% over the past week, the coin currently trades at a three-year high of $0.40.
A new contender is making waves in the cryptocurrency arena, with experts speculating on its potential to outperform established names. Dogen, an emerging digital coin, is attracting attention amid predictions it could reach the $1 milestone before Dogecoin and Shiba Inu.
A new wave is sweeping through the crypto world as investors shift focus to an emerging digital asset. Predictions of staggering 8,500% returns have caught the eye of those who once backed XRP.
Closing October with its second-highest monthly gains in that month since 2014, Dogecoin (DOGE) has lately exhibited amazing momentum. Now in November, investors anticipate the upward trend will remain especially considering Bitcoin's outstanding performance and fresh crypto community excitement.
For Dogecoin (DOGE) holders, the past week has been exciting since the coin shot to rank among the top gainers among all the digital assets. Outpacing the recent 9% rise in Bitcoin, Dogecoin jumped by an amazing 19% in just seven days.
Former CFTC Chair Chris Giancarlo, who is known as "Crypto Dad" because of his friendly stance on digital assets, has confirmed that he is not in the race to replace SEC boss Gary Gensler.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may take a new twist following the recent political developments with Donald Trump's victory.
As the crypto market anticipates the next big mover, Rexas Finance (RXS) captures attention. A seasoned trader has got investors' attention, predicting RXS could skyrocket by 21400%, possibly positioning itself as the next Dogecoin (DOGE) phenomenon.
While major assets are still way up since Trump's election win, the hot streak is showing signs of cooling for Bitcoin and more.
This November, enthusiasts for cryptocurrencies are looking at fresh and interesting assets. Although the market is still erratic, some tokens, like Dogecoin (DOGE) and Rexas Finance (RXS), have attracted great demand among investors.
Dogecoin (DOGE) and Shiba Inu (SHIB) attract investors with their recent rising velocity, and the world of meme coins is once more heating up. Thanks to energetic markets and strong communities, both of these top-10 coins are pushing the limits.
XRP Ledger set to receive new updates, which would bring new functionalities and improvements, reinforcing XRP's prominence on the cryptocurrency market.
XRP, the popular cryptocurrency, is back in the spotlight on the crypto market, with its price action grabbing the attention of many. Today, XRP saw its price climb over 8% and reach a peak of $0.75 - its highest level since July 2023.
Despite the reboot most assets are facing intermittently, the broader market is in consolidation mode. XRP has showcased a promising front on the broader market, with its more than 34% rally in the past week.
Societe Generale-FORGE is set to launch its euro-pegged stablecoin, EURCV, on the XRP Ledger in 2025. The launch on XRPL marks SG-FORGE's latest expansion in their multi-chain approach, following earlier deployments on Ethereum (ETH) and Solana (SOL).
The Dogecoin price is again eyeing a parabolic rally that will put the meme coin in price discovery and send it to new highs in this market cycle. Crypto analyst Mikybull Crypto indicated that the Dogecoin price could replicate its 16,000% surge from 2020 as it enters price discovery.
Ripple's XRP has witnessed a significant price surge following its Wednesday listing on the popular trading platform Robinhood.