XRP saw a double-digit drop in its futures open interest, but is it a sign that the altcoin's triple-digit rally is ending?
XRP has been on the radar of cryptocurrency investors for quite some time now, and the latest prediction by analyst Javon Marks has taken the crypto world by storm. Marks has suggested that XRP could surge by a staggering 3,900% in this cycle, potentially hitting $99.
As of Feb. 9, 2025, XRP hovered at $2.41, commanding a market valuation of $138 billion—trailing behind USDT's $141 billion valuation in fourth spot—while posting a 24-hour turnover of $3.2 billion and an intraday dance between $2.39 and $2.50. XRP XRP's 1-hour chart reveals a phase of lateral equilibrium, with prices oscillating between $2.
Ripple (XRP) has been experiencing significant volatility recently, with its price dropping by 27% from its $3.40 peak in less than a month. Despite this downturn, some investors believe there might still be a reason to hold onto the token rather than sell in the face of these losses.
According to data from CoinMarketCap, XRP recorded a substantial price decline in the past trading week losing 16.78% of its market value. Currently, the prominent altcoin finds itself in a consolidation zone potentially gathering momentum for its next breakout.
The future of XRP remains a hot topic within the crypto community, with some enthusiasts forecasting an astronomical price surge. A recent analysis from market pundit Gen A explores the possibility of XRP reaching an audacious $10,000 per token.
One recent poll has stirred the waters among XRP enthusiasts as the cryptocurrency market remains a battleground of predictions.
Dogecoin (DOGE) and XRP have long been key players in the crypto market, but recent price struggles have left investors searching for more promising opportunities. DOGE, once a meme-fueled powerhouse, has seen slowed momentum, while XRP continues to face regulatory uncertainties that weigh on its price action.
The crypto market recorded slight gains following increasing bull activity in the last 48 hours. Bitcoin (BTC), Ethereum (ETH), Solana, and XRP led a sharp turn as other altcoins struggled in the same period.
BitLemons ($BLEM) has quietly raised $1 million in its private seed round, positioning itself to disrupt the $450B traditional casino market.
XRP Ledger (XRPL) is gearing up to introduce a significant new feature aimed at enhancing the network's identity verification processes while maintaining privacy and decentralization. This update, known as “Credentials,” is designed to enable institutions to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations without compromising on user privacy.
Ripple CTO David Schwartz recently opened up on X about a decision that continues to haunt him. It all started when Schwartz mentioned in an X post that his biggest regrets were when he decided to lower himself to someone else's level.
XRP faces key resistance at $2.50 as a breakout looms. With past surges of 230%, analysts predict a major price move ahead. Will XRP rally soon? The post Price Breakthrough Forecast: The Next XRP Rally Could Be Here Soon appeared first on Cryptonews.
The XRP community has descended on Stellar's CEO Jed McCaleb after a subtle jab at the predicament of XRP's parent company, Ripple. Both communities, which are always at loggerheads, were fired up this weekend after a post by the Build on Stellar (@BuildOnStellar) account.
XRP is at an interesting point in its journey, especially when looking at its performance against Ethereum (ETH). Over the weekend, the altcoin made headlines by gaining 6.5% in value against Ethereum, continuing an impressive surge that has been building up over the last two months.
XRP has been making waves in the cryptocurrency market, particularly on Coinbase, where its trading volume has surged by an astonishing 9,640% in just 24 hours. According to data from CoinGlass, XRP's trading volume on the platform reached an impressive $438 million as traders capitalized on the recent fluctuations in the price of the cryptocurrency.
XRP's on-chain metrics declined substantially in the last 48 hours, which would have raised concerns about the asset's market structure and even caused some issues with the price performance of the asset. The overall decline could be a sign of overall network activity fading.
Ripple, the blockchain technology company behind XRP, has recently achieved a significant milestone with its USD-pegged stablecoin, RLUSD. In the past 12 hours, Ripple has minted an impressive 9.1 million RLUSD tokens, a move that marks a key step in the growth of its stablecoin offering.
The price of XRP has fallen from its previous range of $3.00 to $3.50 below the moving average lines.
It started with a post. Just another social media comment from the "Build on Stellar" account, but this one landed differently.
Ripple's XRP has been navigating some challenging price movements recently, trading below the $2.50 mark after briefly falling into a support zone. The cryptocurrency has seen a short-term bounce from its critical support levels between $2.25 and $2.30, indicating that there may be some short-term recovery in store for XRP holders.
A bullish showdown is brewing for XRP, setting the stage for its next big breakout.
The long-simmering feud between the proponents of Stellar (XLM) and the Ripple-linked XRP cryptocurrency dramatically escalated during the weekend.
XRP (XRP 2.22%) and Bitcoin (BTC 0.77%) are both heavyweight cryptocurrencies that are practically guaranteed to be around for the long haul. But that doesn't mean they're of equal value to investors looking for a fairly conservative long-term hold.
XRP has secured a new milestone as Singapore-based major crypto exchange Crypto.com expands its futures offerings for the token. According to a recent announcement by the official Crypto.com X handle, XRP contracts are now available for UpDown Options.
The cryptocurrency market is seeing some significant movement today, with Bitcoin (BTC) bouncing back from a crucial support level and several altcoins experiencing notable gains. As the market gains liquidity, Bitcoin has surged to $97,125.77, while Ethereum (ETH) is trading at $2,669.98, and XRP has gained 5.05% to reach $2.49 in the past 24 hours.
In 2012, financial technology company Ripple introduced a digital payments network built on the blockchain known as the XRP Ledger. The native digital asset XRP (XRP 4.57%) functions as a bridge currency to provide banks and payment service providers with access to fast, cheap cross-border transactions.
XRP, the cryptocurrency native to the Ripple network, has faced strong bearish pressure in recent days, causing its price to dip to a monthly low. The market's mood has soured, and with declining active addresses signaling weak buyer interest, the outlook for XRP appears uncertain.
A recent projection indicating a nearly 4,000% increase in XRP value has generated strong discussion among investors and analysts of cryptocurrencies. Related Reading: Tron Social Dominance Climbs As USDT Balance Nears ATH Analyst Javon Marks' projection shows XRP can soar from its present value of $2.41 to a shockingly $99.
XRP experienced a notable price correction in early February 2025, following a drop from $3.13 to $2.56 between January 31 and February 2. This 17.9% decline was the most significant since December 2024, drawing attention from both investors and market analysts.
Bitcoin is currently bouncing back from a crucial support level, with increasing liquidity pushing its price upwards. BTC is currently trading at $97,125.77, Ethereum at $2,669.98, and XRP, has recently surged to $2.49, marking a 5.05% gain in the past 24 hours. Other top 10 coins include Solana (SOL) at $206.07, BNB at $616.
Ripple's XRP is currently trading below the $2.50 mark and has drifted into the red zone. The price of XRP is currently experiencing a short-term bounce from an area of support, which lies between $2.25 and $2.30.
The idea of Ripple's XRP becoming a part of the U.S. digital reserve has been generating considerable buzz in the crypto community. Legal expert Fred Rispoli recently stirred interest by stating that XRP needs to hit a price of $5 to qualify for consideration alongside Bitcoin in a digital reserve.
SEC under pressure as OIG probe could reveal crypto conflicts. Could this impact XRP's legal battle and price outlook?
XRP has been hovering around the crucial $2.40 level, showing some positive movement as it attempts to break through this key resistance. Although it has seen a slight upward shift, currently sitting above the $2.40 mark, the price movement remains minimal, making it difficult to gauge any significant trend change at this point.
XRP has continuously displayed bullish signals; market analysts predict the coin will rise to $22 in early 2025, almost 784% from the current price.
A new update might help XRP's network and price action in the long term.
Data shared by the Ripple Stablecoin Tracker account on the X social media network (@RL_Tracker) has shared that over the past 12 hours, San Francisco-based blockchain behemoth has minted almost 10,000,000 Ripple USD stablecoins (RLUSD).
Receipts Depositary Corp. (RDC), a startup founded by former Citigroup executives, plans to launch XRP-backed securities, according to CoinDesk. The move will allow institutions to access XRP through U.S.-regulated market infrastructure.
Crypto pundit Investments CEO has provided a bullish case for the Dogecoin price, XRP, and Solana amid this market downtrend. He revealed his price targets for these cryptos, with each target marking a new all-time high (ATH) for them.
As XRP experiences sustained short-term losses, whale investment trends indicate confidence in the token as it seeks to reclaim the $3 resistance.
Ripple is about to give qualified investors a new way to get their hands on XRP without ever logging into a crypto exchange. According to Fox Business journalist Eleanor Terrett, the company plans to launch XRP depository receipts (DRs) through Receipts Depositary Corporation (RDC) and Digital Wealth Partners (DWP).
With XRP's (XRP -2.70%) price rising by 256% in the last three years alone, it's a bit surprising that there's still a trickle of substantive new reasons to buy it.
Canary Capital CEO Steven McClurg said his firm has no plans to offer a Dogecoin ETF, despite expectations of potential approvals this year.
XRP trading volume on Coinbase has skyrocketed, increasing by a staggering 9,640% in just 24 hours. According to CoinGlass data, XRP trading volume on the exchange increased to $438 million as traders capitalized on recent price movements.
XRP Ledger (XRPL) is set to introduce a groundbreaking feature that will bring lightweight identity verification to the network.
A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP will soon print new all-time highs if one key condition is met. Pseudonymous analyst DonAlt tells his 646,600 followers on the social media platform X that XRP may soar past $3.