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news-imageDecember 23, 2024

Ethereum and XRP Elliot Waves Analysis: The Corrective Phase is Nearly Done

After reaching their yearly highs, the prices of XRP and ETH have started developing corrections, forming descending structures. Signs of corrections ending but breakouts are awaited to confirm.
Publisher: FXEmpire
Sentiment: Neutral
ETH
XRP

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cover-imageCoinPedia
December 23, 2024

XRP Lawsuit News: Expert Reveals if Atkins Will Dismiss The Case

The XRP lawsuit against Ripple has important court dates coming up. The U.S. Court of Appeals has set deadlines for the case. Ripple must submit a mediation questionnaire by December 23, 2024, and an opening brief by March 6, 2025. Ripple must respond to the brief by April 7, 2025. However, a potential U.S.

Negative
cover-imageCryptonews
December 23, 2024

Massive 90 Million XRP Move by Ripple Leaves Investors Worried – Is a Crash Coming?

A large movement of Ripple (XRP) tokens from the project's main wallet to an unknown recipient is raising eyebrows within the crypto community as it could result in further weakness in the token's price down the road. A total of 90 million XRP tokens were sent to wallets rGBvEZnsKB7EvqA2ZZEXRgdwDMn9G9aBk2 and rDK26ASe17eR4ZJafRzgJxeSJNwAhziAee on December 21.

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cover-imageBenzinga
December 23, 2024

Ethereum Price Drops 17% In 7 Days: What Is Going On With ETH?

Ethereum (CRYPTO: ETH) has dropped 17% in the past week, but analysts and traders suggest this could be a setup for a significant rally in 2025, fueled by increased investor interest and key bullish metrics. What Happened: Lookonchain posted on X on Dec. 23 that North Korean hackers suffered a $458,000 loss after betting on an Ethereum price increase.

Positive
cover-imageCrypto Economy
December 23, 2024

Ethereum's Bullish Signals: On-Chain Metrics Suggest Optimism Among Traders

TL;DR Ethereum shows bullish signals despite the recent market correction, supported by indicators suggesting a positive outlook for the coming days. Key factors like the high Estimated Leverage Ratio and moderately positive funding rates indicate sustained confidence and room for further growth. ETH funds continue to rise, indicating strong confidence in the asset's future.

Positive
cover-imageThe Motley Fool
December 23, 2024

Ethereum Is the World's Second-Largest Cryptocurrency. But Is It a Buy?

If you're an Ethereum (ETH -1.18%) investor, the good news is that the world's second-largest cryptocurrency is up an impressive 50% for the year. Ethereum recently broke through the $4,000 price level and, even with a recent pullback, is within striking distance of regaining its all-time high of $4,891 from November 2021.

Positive
cover-imageBenzinga
December 23, 2024

Ethereum, Solana Outfox Bitcoin, XRP In Industry Expert's 205 Crypto Predictions

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

Positive
cover-imageBenzinga
December 23, 2024

Ethereum, Solana Outfox Bitcoin, XRP In Industry Expert's 2025 Crypto Predictions

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

Negative
cover-imageCryptoPotato
December 23, 2024

What's Going on With Ripple (XRP)?

The price of XRP has dropped by approximately 8% over the past seven days, currently trading just above two dollars and twenty-one cents. Last week, the launch of the RLUSD stablecoin caused a spike from $2.40 to $2.70, but sellers ultimately took control.

Positive
cover-imageCoinPedia
December 23, 2024

Top 5 Blockchains by TVL in 2024: Eth Dominates DeFi

If you are into DeFi, you definitely have heard the term “Total Value Locked” before. It's basically a way to measure how much value is secured within the smart contracts of a blockchain. The higher the TVL, the more adoption a blockchain usually has in DeFi.

Positive
cover-imageThe Currency Analytics
December 23, 2024

Ethereum Whales Buy $1B Worth of ETH, Market Recovery Ahead

Ethereum (ETH) whales have made significant moves in the market, purchasing 340,000 ETH over the past three days, valued at over $1 billion. This massive accumulation has fueled speculation among investors and analysts about the potential end of Ethereum's correction phase and the start of a market recovery.

Positive
cover-imageUToday
December 23, 2024

XRP Seeing Parabolic Growth in Wallets Amid 253% Gain

XRP, the fourth largest cryptocurrency by market capitalization, has experienced growth in its price and number of holders. XRP has seen a significant increase in nonempty wallets; according to on-chain analytics firm Santiment, the huge recent increase in XRP wallets, followed by a steady record rise in Ethereum wallets shows a massive two-year crypto growth.

Negative
cover-imageCryptoGlobe
December 23, 2024

Why Is XRP Down? Dec. 23rd Update and Price Analysis

XRP has faced a significant downturn in recent days, with its price dropping nearly 20% from an intraday high of $2.7255 on December 17 to $2.20 as of December 23, 2024. This decline comes amid broader struggles in the cryptocurrency market, where macroeconomic factors have driven a sharp sell-off.

Positive
cover-imageCoingape
December 23, 2024

Will Ripple Price Rocket 60% After XRP ETF Launch?

Ripple's native cryptocurrency XRP has shown major strength during the crypto market pullback, despite a 400% gain amid rising hopes of an XRP ETF launch. Ripple price is currently trading in a bull-flag pattern and eyeing a breakout to the $3.5 level.

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