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.
Crypto analyst Egrag Crypto has predicted that the XRP price could rally to as high as $27 in this market cycle. The analyst also provided insights into why XRP could reach such an ambitious price target.
Crypto analyst Egrag Crypto has boldly predicted that the XRP price will outperform Bitcoin and Ethereum. The analyst provided an in-depth analysis showing that XRP has a much higher multiplier than BTC and ETH.
The price of XRP, the Ripple-affiliated cryptocurrency, is down more than 6% over the past 24 hours, according to data provided by CoinGecko.
Futures open interest on XRP dropped by 54% in three weeks. Is XRP gearing up for another rally?
As 2024 winds down, the long-standing legal battle between blockchain company Ripple and the Securities and Exchange Commission (SEC) is still hanging in the balance. However, there are signs that a resolution might be on the horizon.
XRP News: Amid a highly volatile crypto market witnessed recently, a crypto market whale's decision to move 90 million of Ripple's coin has echoed a frenzy. On Thursday, whale data indicated that roughly $200 million worth of the crypto was moved between unknown wallets.
Ethereum, Solana, and XRP exhibit crucial technical setups across weekly and 4-hour charts, highlighting key levels, bearish risks, and bullish targets heading into 2025.
Cryptocurrencies exhibited mixed signals on Thursday as Bitcoin struggled around the $95,000 mark. While sellers threatened continued dips, MOON DENG, PENGU, and Ripple's XRP had optimistic updates for their communities. Let us find out more. MOODENG explodes in gloomy markets Digital assets traded in red today as the global cryptocurrency market cap plummeted 3.
In the crypto arena, XRP stands out as a flamboyant gladiator, ready to jump by 65%, leaving Bitcoin and Ethereum in the shadows. Guaranteed suspense, according to an admiring expert.
Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, is poised for a notable price decline following the formation of bearish price action. Besides XRP, the overall cryptocurrency market seems to be struggling to gain momentum and is facing a significant price decline.
A prominent cryptocurrency analyst has recently suggested that XRP's price is currently the “most bullish looking chart” after the price of the cryptocurrency lost nearly 20% of its value from its early December high of $2.85. The native token of the XRP Ledger is at the time of writing trading at $2.
As became known thanks to historical price data from CryptoRank, this year's fourth quarter is officially the best for popular cryptocurrency XRP in the last seven years. With a return of 253.6% in the last three months, this quarter is also the best for XRP this year.
Ripple's price has been consolidating for the last few weeks and is yet to make a record high. Meanwhile, a bearish reversal does not seem probable at the moment as long as a certain key level holds.
Ripple's Upcoming 1 Billion XRP Unlock: Will It Impact the Price? With Ripple performing significantly well on the charts recently, concerns have arisen over its upcoming 1 billion XRPP unlock, which it does every single month to fund its operations. On January 1st, the market will witness 2025's first token unlock event.
The recent US elections have delivered significant financial windfalls for leaders in the crypto space, with some seeing their fortunes soar by billions. A report by CoinDesk reveals that key players such as Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse have experienced massive gains following Trump's victory.
XRP is currently navigating a phase of consolidation, with its price hovering around $2.25, down by more than two percent. The market has been relatively calm recently, likely due to the holiday season, and there has been no significant breakout in price.
After days of market turbulence, all eyes are on XRP as it faces a key resistance level. According to prominent crypto analyst CrediBULL Crypto, XRP is showing strong potential after profits were secured on an earlier long position. With its bullish setup, there's growing speculation that XRP could hit $2.65 soon.
The XRP network's average number of transactions per ledger has increased noticeably, which is encouraging for its ecosystem. This rise indicates that the network is becoming more active and utilized, which could indicate interest from institutional and retail players.
XRP has demonstrated consistent growth throughout late 2024, transitioning from a phase of consolidation earlier in the year to significant gains during the November bull run.
XRP has been trapped in sideways momentum, struggling to join the league of cryptocurrencies like Bitcoin that have reached new all-time highs (ATHs).
The price of the popular cryptocurrency XRP still has more downside than upside. At least that is what the Bollinger Bands tell us if we take a look at the price chart using this popular indicator.
As 2024 draws to a close, one of the most closely followed legal battles in the cryptocurrency world has continued to keep everyone on the edge, leaving a mark on Ripple Labs and the entire crypto industry.
Ripple unlocks 1 billion XRP every single month to fund its operations. On January 1st, the market will witness 2025's first token unlock event, but it is a matter of concern for some, as the Ripple token is performing significantly well on the charts.
After experiencing a few days of market volatility, XRP faces a crucial resistance that will determine its future price trajectory. Market participants are anticipating XRP's next big move.
XRP, the native token of Ripple, has experienced a notable surge in whale activity. Transactions exceeding $1 million have significantly increased, suggesting strategic accumulation by high-net-worth investors.
A widely followed cryptocurrency analyst and trader is leaning bullish on XRP. The analyst pseudonymously known as CredibleCrypto tells his 450,200 followers on the social media platform X that paired against Bitcoin (BTC), XRP “looks absolutely fantastic.” The trader says he plans to enter a long position in the coming days.
Bitstamp, the world's longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP.
The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.
Is XRP price heading for a crash, or is it on its way to a new all-time high? Dive into our latest price prediction to uncover what's next for XRP.
DMM Bitcoin, a cryptocurrency exchange in Japan, faced a massive security breach in May 2023, when North Korean hackers stole 4,500 Bitcoins, worth about $320 million at the time. It hugely impacted the firm's operation and despite several attempts to recover the funds DMM Bitcoin failed to restore their customer money.
Following the recent US election, leading figures in the cryptocurrency world have seen a massive boost to their wealth, according to a report by Coindesk. CEOs like Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse experienced major financial gains after the election results.
The cryptocurrency market continues its roller-coaster ride, with AI-driven tokens emerging as a dynamic force. Among these, iDEGEN has positioned itself as a game-changer in the AI-based memecoin sector, where its innovative auction presale mechanism redefines market engagement.
The Grayscale XRP Trust has emerged as a major highlight for cryptocurrency investors as the year 2024 comes to a close. With remarkable gains in November and December, this investment product is on track to end the year with over 300% growth.
Currently, XRP is trading within a range, and the market is quiet due to the holiday period. There hasn't been any significant breakout in price yet. The key question now is whether XRP will experience a price surge after the holiday season ends.
XRP whale activity rises sharply, fueling speculation about a breakout or consolidation phase.
Ripple partner SBI Holdings' arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange's customers will have their accounts ready by March 2025 following the transfer of custody assets.
XRP price attempted an upside break above the $2.350 resistance zone. The price is struggling and slowly moving lower toward the $2.20 support.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Ripple's USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple's new USD-backed stablecoin, on its platform.
The planned unlock that occurs every first day of the month will add 1.74% to the current circulating supply, putting additional selling pressure on the cryptocurrency.