XRP recently generated excitement among traders with what appeared to be a significant bullish breakout—the first notable upswing since February. After a prolonged period of consolidation, the price briefly surged above the upper boundary of a symmetrical triangle pattern, typically a strong indicator of potential upward movement.
Ripple's XRP has been consolidating within a symmetrical triangle for the past month. Recent market gains have pushed its price closer to the upper line of this channel, suggesting a potential breakout.
Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions, has spotted several hefty consecutive transfers of the seventh biggest crypto in terms of market capitalization – XRP.
Ripple's native token XRP is back in the spotlight as whales are making substantial transactions, moving nearly 430 million coins in just one day. This sudden surge in activity has sparked fears of a market dump, especially after Ripple co-founder Chris Larsen recently sold off a large amount of XRP.
XRP is currently capturing attention with its potential for a bullish breakout. Crypto analyst Mr.
The XRP price has slid by 0.2% today, moving to $0.5881 as the wider crypto market falls by 1% in the past 24 hours.
As the crypto space heads toward the final quarter of 2024, it looks like not only crypto insiders or crypto bulls are happy about the approaching horizon,
Ripple's long-running legal battle with the SEC is nearing its climax, potentially reshaping cryptocurrency regulation and market dynamics.
XRP price has been consolidating for almost two weeks as the market recovers. On a macro scale, XRP is in a symmetrical triangle that could resolve on either side, depending on the prevailing market conditions.
Ripple Vs SEC: The deadline for the U.S. Securities and Exchange Commission (SEC) to file an appeal in Ripple lawsuit is fast approaching. Lawyers and experts tracking the lawsuit say there is 75% odds of an appeal by the SEC, but the agency is still uncertain about it.
Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark.
In a riveting turn of events, XRP whales have once again taken the broader crypto market by storm on Wednesday. Recent on-chain data indicates nearly 430 million coins moved by whales, sparking speculations as Ripple co-founder Chris Larsen heavily dumped XRP previously.
As the October 7 deadline approaches, speculation about whether the SEC will file an appeal has intensified. Crypto analyst Mr.
The team has scheduled two additional amendments for this week.
XRP price is still consolidating above the $0.5785 support. The price must clear the $0.5950 and $0.6050 resistance levels to gain bullish momentum.
The moment everyone has been waiting for is here: the XRP lawsuit is reaching its grand finale, a big milestone for Ripple and the entire cryptocurrency community. Alongside this, several exciting developments are on the way, including potential new stablecoins and discussions about an ETF.
The cryptocurrency market continues to navigate uncertainties, XRP is drawing attention for its resilience at a crucial support level. According to recent analysis by crypto expert EGRAG, XRP's ongoing Wave 5 is poised to drive the price toward impressive new highs, potentially exceeding $3.4.
Ripple is gearing up for the launch of its new stablecoin, RLUSD, which is set to debut soon. Despite the ongoing preparations, some remain skeptical about whether RLUSD will significantly impact XRP's price. What began as a joke has now gained serious momentum, sparking bold predictions about XRP's future price.
The long-standing Ripple-SEC lawsuit is inching toward its final stages, with intense speculation about a potential appeal from the U.S. SEC. The case, which has captivated the crypto world, could be far from over, as experts predict a 75% chance of the SEC appealing certain rulings.
Tony Edward, well-known cryptocurrency analyst Credible presented a thought-provoking case for XRP's potential to reach between $20 and $30. This bold prediction has raised eyebrows in the cryptocurrency community, especially given the skepticism surrounding such high targets.
XRP, the digital currency linked to Ripple, is currently attracting attention for its potential upward movement. Despite experiencing a slight dip in price, several indicators suggest that a breakout may be on the horizon.
XRP climbs as SEC faces scrutiny on Capitol Hill. Investors await appeal news that could drive XRP prices.
Ripple transfers 200 million XRP tokens worth $117.6 million. XRP has declined by 2.46% on monthly charts, but positive market sentiment still hold.
XRP, Ripple's native token, is witnessing intense action as bulls fiercely defend a key support level of $0.5785. As the price consolidates and eyes resistance points at $0.5920 and $0.600, many are asking if XRP is poised for a breakout.
The cryptocurrency community has been abuzz with speculation about the future of XRP as it approaches a potential breakout after an extended period of price consolidation.
Chris Larsen, the co-founder and chairman of Ripple, has been actively transferring large amounts of XRP. Recent reports indicate that Larsen has moved millions of XRP from one of his wallets, potentially signaling plans for liquidation.
Ripple's (XRP) price recently surged to $0.60, prompting renewed optimism around the broader market. While the price has again slid below the threshold, several indicators suggest that the token could bounce like it did six months ago.
The latest weekly digital asset fund flows from CoinShares shed light on the ongoing dynamics among institutional investors when investing in altcoins such as XRP, Solana, and Cardano.
Ahead of the Ripple stablecoin (RLUSD) launch, the fixAMMv1_1 amendment has gone live on the XRP Ledger (XRPL) mainnet. This upgrade is a significant step towards improving liquidity and efficiency for traders in the ecosystem.
The Ripple SEC Case has been on the investors' radar lately, with many anticipating a potential appeal from the US SEC in the legal battle. With the lawsuit entering the final phase, speculations are mounting over an extended legal battle between the two parties.
Crypto experts have unveiled their bullish XRP price predictions despite the crypto's stagnant price action. One factor that could contribute to this projected rally is the SEC Ripple appeal deadline which is fast approaching.
XRP price showed an insignificant gain of 0.07% during the U.S. trading session on Tuesday. For over a week, the Ripple coin formed a series of such neutral candles in the daily chart, indicating no clear initiation from buyers or sellers.
The XRP Ledger (XRPL) mainnet has welcomed the long-awaited fixAMMv1_1 amendment. This major upgrade has been under development for a while and is scheduled to launch this month.
Veteran bitcoin trader Bitlord recently made a strong call implying XRP is about to experience a big price surge. He claims the coin is “ripe” for a parabolic action that might make investors quite profitable.
Few assets have captured the attention and imagination of investors like Ripple's XRP. After a period of relative stagnation, recent developments indicate that XRP may be on the brink of a substantial price rally.
The leading commission-free stocks and crypto trading platform, Robinhood has revealed the addition of three new crypto for the New York users, fueling market interest. In a recent announcement, the crypto trading platform said that it will be adding Uniswap (UNI), Stellar (XLM), and Tezos (XTZ), reflecting its growing focus on the digital assets space.
Ripple recently experienced a surge in buying activity and a subsequent increase toward the $0.6 threshold, but upward momentum has stalled, leading to a slight sideways consolidation. Nevertheless, XRP is confined within the crucial $0.55-$0.64 range, signaling a likely short-term continuation of this consolidation.
TL;DR Ripple has issued two batches of its RLUSD stablecoin as part of its pre-launch testing. In total, 970 RLUSD were issued and 100 tokens were burned. Ripple aims to position itself in the stablecoin market, which could reach $2.8 trillion by 2028.
Payments provider Ripple made a significant move in the beta testing of its Ripple USD (RLUSD) stablecoin by issuing the largest batch of tokens to date. A total of 485 RLUSD were released at 12:28 AM UTC, increasing the total supply of the stablecoin to 563.
The crypto market is a volatile arena where speculation plays a crucial role in determining prices. Recently, the SEC (Securities and Exchange Commission) made a statement that could change how XRP, the crypto linked to Ripple, is perceived.
Most analysts envision good days ahead for XRP, but some predict a severe collapse.
Over the past 24 hours, the XRP price has remained moderately unphased after some fluctuation, holding steady with a 0.08% gain.
Ripple is on a selling spree, offloading a total of 350 million XRP from its treasury reserves in September. XRP price has already recovered after immediate negative reactions to Ripple's two selling activities this month, worth approximately $200 million.
In the latest X post, The ‘Ripple Stablecoin Tracker' account revealed that Ripple has issued two more big reserves of its RLUSD stablecoin that it has been testing since August. While the new asset is still in its trial phase, it continues releasing and burning RLUSD.
In a recent tweet, Lunar Crush revealed that Solana has had more total social engagements than ETH in the last six months. The data comes from multiple social channels and shows the top altcoins, TON, DOGE, XRP, and BNB, following the trend.
For many years, Cardano (ADA) and Ripple (XRP) have been two of the most anticipated altcoin assets in the cryptocurrency arena. Cardano has been performing the worst, now trading at $0.35 down from the peak that was more than $1 earlier on, indicating a decrease of 130.58% for the last five months.
XRP whales are not backing down amid the continuous sideways movement from the Ripple-associated coin. Despite the stagnant market growth and lackluster performance in the past few weeks, large investors are still showing confidence in XRP.