XRP is trading at $2.60, with a market capitalization of $150 billion and a 24-hour trading volume of $5.67 billion, moving within an intraday range of $2.48 to $2.63 as traders assess key technical levels across multiple timeframes. XRP XRP's 1-hour chart indicates a short-term consolidation with higher lows forming, suggesting potential accumulation.
A contributor to the forum of the Jito Foundation proposed potential mechanisms for revenue redistribution. The proposal caused whale buying and a JTO token rally to $2.62.
According to CryptoQuant data, XRP open interest has surged by an impressive 5.6%.
XRP whales have shown no signs of slowing down their accumulation spree as they continue to load up coins. Over the last 72 hours, whales have bought over 90 million XRP as the ecosystem braces for an announcement that could send prices on a rally.
Cryptocurrency markets are trading mostly sideways on Thursday as the Texas Senate passed a strategic Bitcoin reserve bill, which now advances to the House. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,486.05 -1.5% Ethereum (CRYPTO: ETH) $2,200.97 -0.7% Solana (CRYPTO: SOL) $143.60 -0.96% XRP (CRYPTO: XRP) $2.58 +3.4% Dogecoin (CRYPTO: DOGE) $0.2006 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001327 +0.02% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses falling by 0.9%.
XRP is up more than 7% in the last 24 hours, bringing its market cap near $150 billion. The crypto community is now debating how its inclusion in the US crypto strategic reserve will impact its long-term price action.
Ripple CEO Brad Garlinghouse and other notable crypto stakeholders will attend the White House Crypto Summit tomorrow. The crypto community is looking forward to the Summit, as US President Donald Trump could make announcements related to the Strategic Reserve.
Bitcoin and the altcoins selected for the US crypto strategic reserve could stay range-bound in the short term, barring a blockbuster announcement on March 7.
Jito (JTO) has faced increasing selling pressure, struggling to break above key resistance levels, and recently experienced a “death cross” on its exponential moving averages (EMAs). This technical formation signals a potential bearish trend, suggesting that JTO might face further downside.
JPMorgan sees less than a 50% chance of a U.S. strategic crypto reserve gaining approval, citing congressional hurdles.
XRP price is showing strong bullish momentum, with analysts pointing to key resistance levels that could determine its next major move. Recent technical analysis indicates that the Ripple token has successfully broken through its 4-hour resistance level, strengthening the case for a continued rally.
TL;DR Michael Saylor reaffirms that Bitcoin should be the central asset in the U.S. crypto reserve, emphasizing its decentralized nature and dominant role in the digital economy. Donald Trump initially included XRP, Solana, and Cardano in the reserve, but after criticism, he clarified that only Bitcoin and Ethereum would be part of the plan.
Schwartz defended the company's XRP sales strategy, emphasizing its role in funding ecosystem growth, refuting claims of unlimited token creation, and asserting that Ripple acts in its own interest while addressing concerns over dormant XRP holdings.
XRP is trading at a 5.11% premium to Bitcoin (BTC) today, and that is quite telling. It is now almost five months since the third largest altcoin has outperformed the leading cryptocurrency, and despite all the recent market turbulence, the trend continues.
One of the core promises that XRP (XRP 4.66%) extends to its target users -- financial institutions -- is that they'll be able to transfer their money more quickly and more cheaply if they use the token instead of using an alternative technology. The token's feature set is expanding to include the ability to make the same snappy transfers of other assets, too.
The crypto market's volatility index could shoot up further this Friday as investors brace for the upcoming White House digital currency summit. Trump's announcement of a US Crypto Strategy Reserve last weekend set off a wave of market reactions.
XRP (CRYPTO: XRP) continues its strong rally, driven by anticipation of the upcoming White House crypto summit and the confirmed attendance of Ripple CEO Brad Garlinghouse. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.59 $150.4 billion +5.2% +17.8% Bitcoin (CRYPTO: BTC) $89,758.18 $1.77 trillion +0.4% +4.7% Ethereum (CRYPTO: ETH) $2,251.41 $271.6 billion +2.7% -3.3% Trader Notes: Trader CrediBULL Crypto is watching whether XRP drops below $2 for a potential re-entry.
Over the past two months, XRP has outperformed Bitcoin with BTC recording a negative return of -8.39.
Ripple's price is experiencing a recovery following its deep correction over the past month. However, key obstacles still remain in front of the price for creating a new higher high.
Crypto analyst Dark Defender has shared a bullish outlook for XRP, pointing out key resistance and support levels that could determine its next move. According to his recent post, XRP has broken the 4-hour resistance level, a key sign that it could be gearing up for a strong rally.
Upbit retains the biggest reserve of XRP among centralized exchanges. Recently, the market operator saw XPR become its main trading pair, taking over nearly 20% of volumes.
Ripple Labs executives have proposed to US President Donald Trump to include SOL in the Strategic Digital Asset Reserve (SBR), which was announced on 2 March. The move should make the addition of XRP more legitimate, Unchained wrote.
The market appears to be pricing in minimal expectations for these altcoins.
XRP could be on the verge of a massive price jump, according to analyst Egrag Crypto. The well-known chartist has identified what he calls the “Kangaroo Phase,” a consolidation period that might lead to a breakout.
On Sunday, US President Donald Trump unveiled a Strategic Crypto Reserve featuring multiple digital assets: Bitcoin, Ether, XRP, Solana (SOL), and Cardano (ADA). Many observers were initially surprised to see altcoins—particularly XRP, SOL, and ADA—in a federal-level announcement once presumed to revolve solely around Bitcoin.
The month starts rough for XRP, as market whales unload accumulated assets at record levels. It bears mentioning that large holders have been aggressively selling since last year.
The discussion over Ripple (XRP) has never been hotter. With institutional adoption rising, whale activity increasing, and the long-awaited verdict of the Ripple vs. SEC lawsuit approaching, many investors wonder if XRP is still worth investing in in 2025. Here is what to expect from the Ripple main crypto.
XRP price bumped up on Thursday, trading at $2.63 at the time of writing after gaining 5.1% to register a third successive daily gain. The momentum on the coin is supported by positive sentiment surrounding its inclusion in a proposed strategic Federal Cryptocurrency Reserve.
Ripple has launched a non-profit organization, the National Cryptocurrency Association (NCA), to educate Americans about cryptocurrency. The NCA aims to bridge the knowledge gap by offering resources such as educational materials, real-life stories, and crypto statistics.
XRP price is gaining momentum as market optimism fuels speculation about its next breakout. Recent trends suggest growing demand, with analysts evaluating potential price targets.
MicroStrategy's big boss, Michael Saylor is strongly supporting Bitcoin as the main asset for a U.S. crypto reserve. As he heads to the White House Crypto Summit, he stands firm on Bitcoin's dominance, calling it the safest bet. Meanwhile, he questions XRP's role, saying it needs strict regulation.
In a recent podcast interview on The Wolf of All Streets, former White House Director of Communications, Anthony Scaramucci, made a claim that the SEC might have dropped its lawsuit against Ripple (XRP). This news has created a buzz in the crypto community, especially after a series of recent events that hint at major developments.
Since the start of this month, the XRP market has seen a growth of 18.45%. On the second day of the month alone, the market surged by approximately 34.08%. In the last seven days, with an impressive growth of 13.4%, it has outperformed top cryptos, including Bitcoin, Ethereum, BNB and Solana.
XRP rebounds to $2.45 as whales accumulate $3.26 billion worth of tokens, signaling potential further gains despite ongoing regulatory challenges.
“A return to the area above the 50-day at $97,000 is a marker of bullish success,” one trader said.
One analyst envisioned a price explosion beyond $27.
XRP's price is not looking as bad as the rest of the market, following a quick rebound toward $2.50 after plunging into sub-$2 territory. Luckily for us, a major portion of the crypto community also believes in the asset's bullish future and voted for a surge to $3, as a Santiment survey shows.
Michael Saylor, the executive chairman of Strategy (MSTR) has recently shared his view on US strategic reserves, and his take on the inclusion of Bitcoin and altcoins. When particularly asked about XRP, Saylor referred to it as a token, adding that its issuance should happen under the regulatory framework.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum closes another week in red after the price fell by 3%.
Jito struggled to break key resistance levels while witnessing a death cross on the EMAs.
Ripple, one of the major players in the crypto sector, is once again under the spotlight. While the firm is regularly criticized for its management of the XRP supply, its CTO, David Schwartz, made remarks that are sure to fuel the debate.
Prominent cryptocurrency Josh Olszewicz believes that XRP bulls are still not out of the woods, with the token remaining on "H&S watch."
The cryptocurrency market surged on March 6, adding nearly 4% in value as investor sentiment improved following US President Donald Trump's announcement of a national crypto reserve. This initiative, which includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP, has fuelled optimism after February's sharp decline triggered by trade war concerns.
XRP has been experiencing fluctuating price action recently. Currently trading at around $2.50, XRP saw a major drop after an initial price spike. However, it's now back on an upward trajectory, hinting at a potential bullish trend.
Saylor's advocacy for Bitcoin as a US reserve asset highlights the strategic race for digital financial dominance and economic sovereignty. The post Michael Saylor says Bitcoin is the only neutral asset for US crypto reserve, calls XRP a digital token appeared first on Crypto Briefing.
Ripple CTO David Schwartz confirmed that the company can sell XRP tokens for operational capital without obligation to investors, sparking concerns.
Upbit dominates XRP trading, holding twice as much as Binance, and reflecting the token's growing appeal in the Asian market.
XRP price started a fresh recovery wave from the $2.20 zone. The price is now rising and might clear the $2.550 resistance zone.