Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that's less than two months old while unveiling his forecast for XRP (XRP) and Sui (SUI).
XRP, currently the fourth largest cryptocurrency, has seen increased trading activity, with its 24-hour trading volume exceeding $4.18 billion, according to CoinMarketCap.
A veteran trader, considered by many to be a legend in the field, Peter Brandt, who has been in the financial market since the 1970s, is no snob when it comes to looking at the charts of the newest class of assets, cryptocurrencies.
XRP is close to breaking below $2, which could send it to $1.2.
XRP is witnessing massive volatility, with its price nosediving from $2.22 to $2.10 within the last 24 hours. Despite this development, XRP holders remain bullish, as reflected in the over 1 billion XRP committed to open interest within the same time frame.
The recent XRP price glitch on live American TV has created ripples in the crypto community. In an episode of “American Sunrise Early Edition” on Real America's Voice, the value of XRP soared to a staggering $21,355, marking a 961,936% uptick from its actual price at the moment.
XRP price continues to record a steady downtrend after falling by more than 4% in the last 24 hours. Despite this decline, Ripple continues to defend the critical support level at $2.
As an investment, XRP (XRP -5.23%) does not really need to compete in every flashy new category within cryptocurrency to pay off for its holders. Rather than spreading thin, its tight focus on providing fast, inexpensive, and legally compliant money transfers for financial institutions means that it can expect to continue growing so long as there are potential users that are still processing their transfers in slower or more expensive ways.
XRP (XRP -5.48%) and Shiba Inu (SHIB -2.76%) went in opposite directions during the past 12 months. XRP, the native cryptocurrency of the Ripple blockchain, surged about 280% as it overcame its biggest regulatory challenges.
Recent developments in the XRP lawsuit, coupled with the SEC's increasingly favorable stance, have sparked speculation about an imminent settlement in the Ripple case. Although experts are divided on the likelihood of a swift dismissal, a prevailing view is that the case is unlikely to drag on beyond two months.
After failing to regain a bullish outlook on Friday during the Western financial markets, the crypto market continued to record bearish sentiment on Saturday during the early Asian trading session. The total crypto market cap dropped nearly 5 percent in the past 24 hours to hover about $2.813 trillion at the time of this writing.
Story Highlights: XRP Price Today: It is presently changing hands at $2.14, with a drop of 5.51% since the previous day. XRP News: XRP holders await a closure date of the Ripple vs SEC lawsuit, and approval of ETFs, as Paul Atkins calls for a supportive framework for the cryptocurrencies.
In a bold call for transparency, pro-XRP attorney John Deaton urges the US Securities and Exchange Commission (SEC) to provide clarity over Bill Hinman's controversial speech. Deaton pushes the regulator to release the long-awaited Inspector General (IG) report on Hinman's “Ether Speech.
Peter Brandt, a veteran market analyst, has identified a pattern in XRP's price chart called a head and shoulders top. This is a bearish pattern usually that signals an imminent downtrend. He suggests that the price will drop, potentially reaching its lowest point from November 2024, unless the coin makes a strong recovery.
XRP's price has taken a hit recently, and it's not just XRP—Ethereum, Dogecoin, and Bitcoin are all down too. Bitcoin is struggling to hold the $85,000 mark, which is a key support level. So, what's causing this sell-off? A few key factors are at play.
XRP and BTC tumble as US tariffs and inflation rattle markets. SEC delays and macro risks drive cautious sentiment across crypto assets.
XRP is under heavy selling pressure after dropping nearly 6% in a sharp daily move, falling below key support levels and currently trading around $2.20. This decline brings the crucial $2.00 psychological level into focus, a zone that could determine the next direction for XRP.
The XRP price is gearing up for another bullish move upward, as a crypto analyst has predicted a 20% surge in the near future. This optimistic forecast is backed by the formation of a key technical pattern called the Golden Pocket and indicators including strong support levels and a critical resistance zone.
Ethereum price tumbled below the $1,890 mark on Friday, emerging as the second-largest loser among the top 10 ranked assets behind XRP. Bulls Surrender Gains as Ethereum (ETH) Tumbles Below $1,900 Earlier this week, Ethereum (ETH) had achieved notable gains, testing the $2,100 level on Wednesday.
After losing almost 6% in a dramatic daily move, XRP fell below an important support levels and entered a critical zone. It is currently trading at about $2.20.
Cryptocurrency markets have plummeted on Friday, following renewed inflation fears. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,620.45 -4.3% Ethereum (CRYPTO: ETH) $1,879.34 -6.7% Solana (CRYPTO: SOL) $129.23 -7.1% XRP (CRYPTO: XRP) $2.17 -7.4% Dogecoin (CRYPTO: DOGE) $0.1798 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00001320 -6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9%.
tHESSSSSSStHE The XRP price continues to face challenges in sustaining support at $2 during the recent market period. The bearish trend exists, yet XRP continues to stay above its essential support level.
The crypto market is wavering, and XRP finds itself on the front line. After a phase of technical instability, the situation deteriorated with the announcement of new customs tariffs by Donald Trump on automotive imports.
The outlook for Ripple's XRP is both positive and negative, with analysts highlighting bullish and bearish patterns. According to prominent, self-proclaimed market wizard Peter Brandt, a head-and-shoulders pattern has formed on the XRP daily chart.
Bitcoin dipped by 4% in the last 24 hours, amidst reports of upcoming U.S. tariffs on its trading partners. U.S. President Donald Trump's tariff announcements have been dramatic enough to keep crypto traders on their toes, as Bitcoin and altcoins react to the news.
Major cryptocurrencies including Bitcoin, Ethereum, and XRP are falling Friday alongside stocks amid growing inflation fears.
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin's price trajectory in 2025.
XRP faced more bearish market conditions with the hope of holders hanging on trader sentiment.
XRP (CRYPTO: XRP) is down 7% on Friday, but whales continue to accumulate on the heels of Ripple expanding its core business. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.18 $127 billion -7.1% -8.1% Bitcoin (CRYPTO: BTC) $83,775.77 $1.7 trillion -3.9% -0.02% Ethereum (CRYPTO: ETH) $1,872.65 $225.9 billion -6.9% -4.4% Trader Notes: Crypto chart analyst Ali Martinez predicted that if XRP breaks above $3, it would invalidate the head-and-shoulders pattern and could turn bullish.
XRP is facing a pivotal moment after failing to test the $2.60 resistance level, with price action now leaning toward critical demand. The token continues to trade sideways in a wide range, reflecting growing uncertainty as the broader crypto market faces renewed selling pressure.
XRP has faced a period of stagnation in recent weeks, with its price struggling to gain significant direction. After a series of recent bullish developments, the altcoin's macro-scale price action has shown signs of saturation.
Stochastic Momentum Index flopped to quarterly lows today: can $XRP price can still push through the bearish pattern?
XRP is showing signs of weakness and traders are starting to worry. Will the price crash below key support.
Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he highlighted a head-and-shoulders pattern that could spark the breakdown below $2.
Bitwise Asset Management on Friday outlined a pragmatic assessment of XRP's (CRYPTO: XRP)'s utility, emphasizing that its value may increasingly stem from real-world applications—especially in asset tokenization and cross-border payments—rather than speculation alone. What Happened: According to the report, XRP's blockchain, known as the XRP Ledger, is already being used to facilitate direct payments and cross-currency transactions.
The Federal Reserve's key inflation measure came in hotter than expected in February, according to data released on Friday.
Bitcoin holds steady above $84K while Ethereum and XRP show bearish setups. Key levels to watch for BTC, ETH, and XRP.
XRP price has slipped more than 5% today, slipping below the $2.2 mark, sparking speculations among investors. With a flurry of investors evaluating the potential future performance of the coins, experts have given mixed predictions, further fueling discussions.
In recent weeks and months, XRP has once again become one of the most talked about cryptocurrencies in its 11+ year history. It is understandable, as the price of XRP has surged more than 500%, outperforming Bitcoin (BTC).
Here are the latest news related to Ripple and its cross-border token.
XRP, the fourth largest cryptocurrency by market capitalization, is shaping up with a head and shoulders pattern on its daily price chart, suggesting a bearish outlook for its price.
Ethereum price fell below $2,000 on Thursday, March 28, as the crypto market reeled amid intense volatility and bearish pressure. This decline has shifted the attention of traders from ETH to Ethereum rivals that can record significant gains in price.
With its price plunging more than 4% in a single day as the asset tries to hold onto its position within a contracting trading range, XRP is once again under pressure. XRP is currently trading at about $2.23 after plummeting from the $2.40 range, losing a sizable amount of its most recent gains and undermining investor confidence.
According to a Public Ethics Committee, one in five South Korean public officials, 411 out of 2,047 officials, holds cryptocurrency, totalling around 14.41 billion Korean won ($9.8 million). This reveals the extent to which cryptocurrency, particularly altcoins, is penetrating Korea's public sector.
Paul Atkins, President Donald Trump's nominee to lead the U.S. Securities and Exchange Commission (SEC), recently addressed the Senate Banking Committee on March 27, calling for a clear and supportive framework for the cryptocurrency market.
The Securities and Exchange Commission's (SEC) decision to drop lawsuits against several major crypto players has left the Ripple case as a notable exception. Recently, the US SEC dismissed litigations against Kraken, Cumberland, and Consensys, sparking curiosity about the status of the XRP lawsuit.
XRP price has lost momentum recently and crashed from this month's high of $3 to $2.20. This trend may soon end if the Securities and Exchange Commission (SEC) moves ahead and approves the 16 spot Ripple ETFs that have been applied.
The XRP (XRP) market is flashing warning signs as a bearish technical pattern emerges on its weekly chart, coinciding with macroeconomic pressures from anticipated US tariffs in April.XRP descending triangle pattern hints at 40% drop Since its late 2024 rally, the XRP price chart has been forming a potential triangle pattern on its weekly chart, characterized by a flat support level mixed with a downward-sloping resistance line. A descending triangle pattern forming after a strong uptrend is seen as a bearish reversal indicator.