Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
XRP retreated on Monday, reaching a crucial support level and signaling the potential for further declines in the coming days. Ripple (XRP) dropped to $2.
Ripple CTO David Schwartz has weighed in on the ongoing discussion on X about Bitcoin (BTC), Ethereum (ETH) and the XRP Ledger (XRPL), highlighting the technical advantages of XRPL's transaction model over Bitcoin.
The digital currency market has witnessed fear, uncertainty and doubt (FUD). This was followed the Bybit hack, which caused volatility in the cryptocurrency space.
Last week's digital asset investment products saw Bitcoin investments taking a major hit amid macro uncertainty, inflation, and monetary policy, as well as uncertainty around trade tariffs from US President Donald Trump. As a result of this, the BTC short positions have also piled up significantly during the last week.
XRP is currently trading between $2.42 and $2.44, with a market capitalization of $141 billion and a 24-hour trade volume of $4.29 billion, fluctuating within an intraday range of $2.42 to $2.59. XRP XRP's one-hour chart reflects short-term bearish momentum, with the digital asset forming lower lows and struggling to break above resistance at $2.5.
XRP is facing a sharp downturn, with seven out of eight key on-chain metrics showing significant declines. While the asset has demonstrated resilience in the past, the current state of the XRP network raises concerns among investors and analysts alike.
A new week has started with the market's fall, according to CoinMarketCap.
XRP has declined by 4% in the past 24 hours, yet its indicators are suggesting that it a rebound should be coming very soon. The post XRP on the Verge of a Big Move – Is a Breakout Toward $3 Incoming? appeared first on Cryptonews.
The S&P 500 index crashed on Friday, and technicals point to further downtrend this week. It dropped by 104 points on Friday, its worst daily performance this year.
Armando Pantoja, a well-known figure in the XRP community, has shared his optimistic view on the potential of XRP, suggesting the cryptocurrency could soon surpass $100. Pantoja, speaking on the ongoing transformation in the global financial systems, believes XRP will play a crucial role in this revolution, driven by innovations in financial technology.
Legal expert Jeremy Hogan has predicted that the Ripple vs. SEC saga could end in the first half of this year.
With bearish volatility stirring most altcoins to new monthly lows, the price action of XRP has remained in the spotlight. Over the past 24 hours, the top coin had about a 170% liquidation imbalance as long traders were stunned as the rebound failed.
XRP continues to hold firm above the $2 support level, maintaining investor interest even as the broader cryptocurrency market trends downward.
Global crypto investment products experienced a second straight week of capital outflows, with investors pulling $508 million amid growing economic concerns, according to CoinShares' latest weekly report. Over the past two weeks, total outflows have reached $924 million.
The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.
The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.
The SEC's unexpected decision to drop its lawsuit against Coinbase has sparked speculation that Ripple's legal battle may also see an early resolution.
The XRP whales appear to be offloading their holdings amid the recent price dip of nearly 3% today. Notably, these latest dumps have added pressure over Ripple's native asset while dampening the broader market sentiments despite the recent positive developments.
As the US Securities and Exchange Commission (SEC) repeatedly acknowledges XRP ETFs, anticipations build for a potential conclusion to the Ripple Vs SEC case. Amidst the SEC's endeavor to establish a crypto-friendly regulatory atmosphere in the country, experts foresee an imminent XRP lawsuit settlement.
Since the beginning of February, the relative balance between buying and selling pressure has kept XRP within a narrow price range. It has faced significant resistance at $2.76 and found bullish support at $2.30
The crypto market saw further selling pressure at the start of Monday's trading session, as traders considered recent events from the weekend. Bitcoin and most crypto assets are in the red, continuing Sunday's sell-off.
Insight from OpenAI's artificial intelligence (AI) model, ChatGPT-4o, projects that XRP might still trade above the crucial $1 mark in a worst-case scenario at the end of this year.
It is a new week, but the attention remains on what it was on at the end of the previous one - the second largest offshore crypto exchange in the world, ByBit. If you are not familiar with it - which seems nearly impossible judging by the scale of the news - the exchange was "hacked" for a sum in assets equivalent to about $1.5 billion.
Crypto investment products saw $508 million in outflows, while XRP led altcoin inflows with $38.3 million, driven by optimism over its SEC case and potential ETF approval. The post Crypto Products See $508M Outflows, XRP Leads Altcoin Inflows appeared first on Cryptonews.
XRP is consolidating within a symmetrical triangle, with Elliott Wave analysis pointing to a potential breakout. RSI signals exhaustion of selling pressure, and key Fibonacci levels provide crucial price targets.
The sudden liquidation spree in crypto market cleans a bearish sweep across top cryptocurrencies. Amid the falling coins, XRP nears a crucial support trendline and a breakdown could trigger a major crash.
David Schwartz, Ripple CTO, has joined the comment thread under the recent tweet of an investor and author of the “Rich Dad Poor Dad” book Robert Kiyosaki.
XRP is approaching key resistance at $2.60 while forming multiple bullish technical patterns, including a cup and handle formation
XRP is testing critical support at $2.50 after multiple failed attempts to break above $2.60 resistance, with technical indicators suggesting continued bearish pressure in the near term.
Despite its struggles, XRP is among the top crypto markets, but recent price momentum has changed its picture entirely. Donald Trump's win pushed this Ripple token toward the biggest rallies in the market, as it is currently at $2.49 and has a market capitalization of $144.18 billion.
"Ripple and the SEC live together and have a baby," one popular attorney stated.
A huge amount of XRP - 29,532,534 tokens worth about $75.38 million - has just appeared on major U.S. crypto exchange Coinbase. The transfer, spotted by Whale Alert, came from an unknown wallet called "r9ZMd" and landed in a Coinbase address labeled "r4sR.
XRP News: A renowned legal expert has caught the eyes of the crypto market participants with his recent comment on the ongoing XRP vs Bitcoin war. Notably, a flurry of market participants said the debate between the Ripple and BTC community heated up last week.
February 24, 2025 05:32:12 UTC Bybit Bounces Back: Fully Secured Client Funds with 400K+ ETH Bybit CEO Ben announced that the company has completely closed its ETH gap. A new audited Proof of Reserves report is on its way, confirming that client funds are now fully backed 1:1 using a merkle tree.
The SEC recently made big moves by dropping its case against Coinbase and halting the case against Binance, signaling a shift in the agency's approach. Coinbase confirmed the case dismissal, and the SEC also decided to drop its case against the OpenSea NFT platform.
XRP price is struggling to clear the $2.60 and $2.70 levels. The price is now at a risk of more downsides below the $2.50 support zone.
Ripple's XRP is currently down by more than 2 percent and is trading at $2.50. The broader market sentiment has turned red and Bitcoin is currently trading below $96,000. The price of XRP remains stuck in a tight range, struggling around key resistance levels. The current resistance area, sitting between $2.65 and $2.
The SEC's review of Grayscale's XRP ETF is officially underway, sparking speculation that a crypto-friendly shift could lead to a groundbreaking approval. SEC Begins Review of Grayscale's XRP ETF Proposal The Federal Register officially published Grayscale's XRP exchange-traded fund (ETF) proposal on Feb. 20, 2025, marking the beginning of the U.S.
The XRP market experienced a rather turbulent trading week resulting in a net loss of 7.22%. While the altcoin has shown some stability over the past day, there is no indication of price recovery.
Ripple's Chief Technology Officer (CTO) David Schwartz recently addressed a significant issue within the crypto space—misleading comparisons between the price and supply of different cryptocurrencies. Schwartz took to social media platform X to clarify the misleading nature of such comparisons, highlighting how they can create false perceptions and guide investors toward poor decisions.
XRP price is trading in an important area as analysts watch the $2.6 mark to decide the future of the altcoin. While analysts have indicated that crossing this level and further breaching the $2.77 mark would support the continuation of the upward movement.
XRP has continued to draw significant interest from deep-pocketed investors as the Trump administration remains favorable to the crypto sector.
XRP, one of the most widely known cryptocurrencies, is setting the stage for what could be a golden bull run over the next few months. March, April, and May are shaping up to be crucial months for the asset, with historical data suggesting strong potential for price gains.
A popular analyst has painted a fresh bullish outlook for the XRP price, putting forward a short-term target around the $3 mark. Here is the altcoin's potential path to this price target over the coming days.
XRP's price action has taken a step back over the past week, with momentum slowing down amid broader market consolidation. After starting the previous week around $2.75, XRP has struggled with a pullback as sellers controlled most of the just-concluded trading week.
XRP lawyer John Deaton has accused the US Securities and Exchange Commission (SEC) of targeting legitimate crypto companies while ignoring actual fraudsters like Sam Bankman-Fried (SBF) and Do Kwon in a post on X today.