XRP has been consolidating for over a month following a significant rally, with technical analysis suggesting that the cryptocurrency may soon test key resistance levels, paving the way for a potential breakout.

The XRP price has fallen back to $2.33 as crypto's risk-off period of consolidation is extended but $8.5 could be the next XRP target The post XRP Price to $8.5 if This Analysis and Trump Promises Come True appeared first on Cryptonews.

Peter Brandt, a 77-year-old trading veteran who back in January of 2017 predicted bitcoin's 84% decline in 2018, has recently revealed that XRP is forming a bullish pattern that if completed could helped the cryptocurrency's market cap hit $500 billion.

Cryptocurrency prices retreated sharply on Tuesday, erasing some of the gains made on Monday as concerns about the bond market intensified. Bitcoin (BTC) dropped by 4%, reaching an intraday low of $97,700.

Ripple says it has begun leveraging the Chainlink standard, a move designed to provide “high-quality pricing data” around its Ripple USD (RLUSD) stablecoin. “By adopting the Chainlink standard for verifiable data on the Ethereum blockchain, Ripple is enhancing the utility of RLUSD across the onchain economy,” the company said in a news release Tuesday (Jan.

The American crypto exchange Coinbase has increased SHIB's spot trading volume by 1,711%. The rise has been attributed to the SHIB/USD pair on Coinbase, which has generated $13.12 million in trading over the last 24 hours.

In a technical analysis shared on X, popular crypto analyst Ali Martinez (@ali_charts) has drawn attention to a potentially significant bullish signal for XRP. Martinez highlighted that the SuperTrend indicator, applied to the 12-hour chart of XRP/USDT, has flipped to a bullish orientation—a pattern that preceded a meteoric 470% price surge the last time.

Ripple's RLUSD stablecoin, with a market capitalization of $72 million, integrates with DeFi applications. The RLUSD stablecoin, now available on Ethereum, is intended to support cross-border payments.

Just a few days ahead of Donald Trump's inaugural speech, the native token of the Ripple network XRP seems poised to begin a new rally toward the $4 – $5 level as both on-chain data and technical indicators are pointing to a major upcoming breakout. Donald Trump's victory in the November U.S.

The Ripple USD (RLUSD) was recently launched and has grown to over $72 million in market cap and a 24-hour average trading volume of about $23.3 million.

TL;DR Ripple collaborates with Chainlink to integrate price feeds into its RLUSD stablecoin, improving its adoption in the DeFi market. RLUSD operates on the XRP Ledger and Ethereum, maintaining a 1:1 parity with the dollar and complying with business regulatory standards. Chainlink provides high-quality price data and resistance to manipulation.

With USDT facing compliance challenges and its market cap seeing a notable decline RLUSD could potentially fill the gap as a MiCA-compliant alternative.

Ripple chief executive Brad Garlinghouse thinks that President-elect Donald Trump is already making a positive impact in the US even before taking over the White House.

XRP's popularity rises in South Korea, with Bitcoin Cash ranking higher than Solana and Cardano despite lower market capitalization.

Ripple, the company behind the popular XRP token, has made headlines once again with the revelation that it holds more than $100 billion worth of XRP. This massive reserve underscores Ripple's dominant position in the blockchain and cryptocurrency space, positioning the company for future growth and market leadership.

Ripple has embraced the Chainlink standard to furnish dependable onchain pricing data for its RLUSD stablecoin, to enhance its assimilation into decentralized finance (defi) applications. Ripple Partners with Chainlink to Bolster RLUSD in Defi The RLUSD stablecoin, engineered to hold a 1:1 peg to the U.S.

A recent survey by South Korea's News1 has revealed that Bitcoin (BTC) continues to reign as the top cryptocurrency for domestic investors, while Ripple (XRP) has surpassed Ethereum (ETH) to claim the second spot.

Ripple has adopted the Chainlink standard to obtain high-quality pricing data on the Ethereum blockchain, according to a Tuesday announcement.

Veteran trader Peter Brandt has projected that XRP could reach a market capitalization of $500 billion within the next six weeks, contingent upon a significant price breakout.

RLUSD is an enterprise-grade, USD-backed stablecoin. It combines Ripple's expertise in crypto and traditional finance to deliver trust, compliance, and real-world utility.

Ripple has integrated Chainlink's blockchain technology to provide reliable pricing data for its RLUSD stablecoin. RLUSD, a USD-backed digital currency, is designed for secure, instant payments and is supported on both the (XRP) Ledger and Ethereum (ETH) blockchains.

The stablecoin RLUSD powered by decentralized price feeds for secure and efficient transactions

In a latest development, Ripple, announced on Tuesday that it will use data provider Chainlink's (LINK) services to better integrate its RLUSD stablecoin with decentralized finance (DeFi) applications. Notably, this feature, which went live today on the Ethereum blockchain, allows developers to incorporate RLUSD into DeFi protocols for trading, lending and other activities.

Ripple (CRYPTO: XRP) announced on Tuesday an integration with Chainlink‘s (CRYPTO: LINK) data provider services aimed at furthering the integration of its RLUSD stablecoin with Ethereum (CRYPTO: ETH)-based trading and lending platforms. What Happened: Jack McDonald, senior vice president of stablecoin at Ripple, emphasized the importance of this integration, stating, “By enabling seamless functionality across DeFi, RLUSD is well-positioned to support a growing range of use cases in decentralized financial systems.

Ripple has integrated Chainlink Price Feeds to provide accurate pricing data for RLUSD.

MicroStrategy Increases Bitcoin Holdings MicroStrategy purchased 1,070 BTC worth over $100 million, bringing its total to 447,470 BTC valued at $45 billion. Unlike previous purchases, this announcement boosted Bitcoin's price to $102,000.

The subtle rivalry between XRP and Ethereum (ETH) is now beyond just the market capitalization and ranking of both coins. A new report shows South Korean traders' shifting perception about both coins.

The global cryptocurrency market recorded a modest increase in the past 24 hours, with the market capitalization growing by 0.59% to reach $3.55 trillion. Trading activity surged as the 24-hour volume spiked by 30.16% to $127.63 billion, signaling heightened investor sentiments.

Peter Brandt, a well-respected veteran trader with over 40 years of experience in financial markets, recently shared an exciting technical forecast for XRP, signaling the potential for significant growth. Brandt, who is renowned for his charting expertise, revealed on social media that XRP could achieve a market capitalization of $500 billion if its current chart formation plays out as expected.

Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain.

Ripple continues to make headlines, strengthening its position as a leader in the cryptocurrency space. Known for its innovative solutions and strong financial backing, the company is now making waves with its stablecoin, RLUSD.

Ripple is leveraging the Chainlink standard to bring the RLUSD pricing data on-chain and to strengthen the coin's utility and access in DeFi. The post Ripple's RLUSD Adopts Chainlink Standard appeared first on Cryptonews.

Ripple wants its new stablecoin to play nice with DeFi apps, and it's bringing in Chainlink's price feeds to make that happen.

Ripple's RLUSD stablecoin gets a boost as Chainlink's price feeds enable secure, real-time DeFi transactions on Ethereum and the XRP Ledger.

Ripple's integration with Chainlink could significantly enhance RLUSD's role in DeFi, potentially boosting stablecoin adoption and trust. The post Ripple taps Chainlink to boost RLUSD utility and DeFi access appeared first on Crypto Briefing.

Ripple is integrating the Chainlink Standard to help bring its new RLUSD stablecoin on-chain. This partnership comes with a few key features, most importantly integrating live price data into RLUSD's blockchain.

The price of the native token of the XRP Ledger has risen around 1% over the last 24-hour period, despite enduring a significant correction over the last few hours that saw it drop more than 1.5% from over $2.46 to now stand at $2.42.

XRP News: Ripple's native crypto has recorded a robust rally recently, with soaring anticipation over the pro-crypto regulatory environment in the US. This optimism has further surged with the recent comments from top attorneys and market experts, who anticipate more positive developments in the coming days.

Ripple's XRP has gained by 18% year-to-date in a rally that has seen it outperform most of the top-ten altcoins. These gains have seen XRP's market capitalization surge past $140 billion, ranking it the third largest crypto after Bitcoin (BTC) and Ethereum (ETH).

It does not appear to be a flash in the pan for Ripple (XRP) or Cardano (ADA), as these ‘dino-coins' approach breakout levels that can take them to even greater highs.

After XRP experienced a price breakout above the $1 mark, a legendary trading expert has pointed out that the asset is forming a pattern likely to elevate its market cap to around the half-a-trillion-dollar mark.

The idea of a BlackRock XRP ETF has been a hot topic in the crypto world, especially after renowned XRP community commentator Mickle shared predictions about the potential future of Ripple and XRP-related products.

XRP should attain a 260% gain or a $6.40 price target after a breakout, but a delay may affect the chart pattern's outcome, says Peter Brandt.

A recent survey shows that while Bitcoin remains the most preferred crypto among South Korean investors, Ripple has surpassed Ethereum in popularity.

Data shared by the Ripple Stablecoin Tracker account shows that blockchain behemoth Ripple has created another large chunk of its new product – Ripple USD stablecoin.

Lawyers closely following the XRP lawsuit have confirmed that the U.S. Securities and Exchange Commission (SEC) under outgoing chairman Gary Gensler will file its appeals opening brief. Experts believe it could be a last-minute filing by Gensler to create headwinds for Ripple similar to Jay Clayton, former SEC chair who brought the case against Ripple

The cryptocurrency world has its eyes firmly set on XRP, as the SuperTrend indicator has flipped bullish on the 12-hour chart—a signal that previously set the stage for a massive 470% rally.

In a recent post on X, pro-XRP lawyer John E. Deaton voiced his concerns over the pervasive influence of substantial monetary contributions in American politics.