For several days now, the crypto market has been in turmoil. With 1.43 billion XRP traded in just 24 hours, investors are questioning: simple market movement or signs of a radical change?
The price of the third largest cryptocurrency right now, XRP, may be poised for a rather painful decline, to say the least. With all the wild price swings of the past few months, what has emerged on the price chart of XRP can be seen as nothing less than a head and shoulders pattern.
Volatility Shares, an asset manager known for innovative ETFs, has filed for three XRP-focused exchange-traded funds: a spot XRP ETF, a 2x leveraged XRP ETF, and an inverse -1x XRP ETF. The spot XRP ETF is designed to track XRPs market price, while the leveraged version amplifies daily price movements by 2x.
Bitcoin, XRP, and Cardano have shed their gains from last week's Trump "reserve" pump, while Dogecoin continues to lose ground.
XRP is currently trading at $2.23, with a market capitalization of $129 billion and a 24-hour trading volume of $2.8 billion, fluctuating within an intraday range of $2.21 to $2.36 as price action remains under significant selling pressure across multiple timeframes.
XRP traded relatively flat on Wednesday, following a sharp rebound on Tuesday, fueled by President Donald Trump's proposal for a U.S. strategic crypto reserve that includes XRP. The announcement on Sunday triggered a nearly 40% surge in XRP's price within a single day.
Prominent cryptocurrency analyst, Ali Martinez, has shared a bullish outlook for XRP, suggesting the token could hit an all-time high of $5.
A substantial obstacle has been faced by XRP's price recovery, as new data indicates a startling 730 million XRP outflow from the network's payment volume. Investor confidence may be eroding, as indicated by the drop in transactional activity, raising concerns about the asset's capacity to sustain its upward trajectory.
The past week in the crypto world was dominated by President Donald Trump's announcement of a strategic U.S. cryptocurrency reserve. The move has sparked a flurry of reactions, with some questioning the inclusion of certain digital currencies and others calling for a Congressional investigation.
Donald Trump's crypto czar has said the U.S. Treasury will be working to “maximize the value” of the bitcoin and other cryptocurrencies held by the U.S.
Crypto expert Dark Defender predicted that the XRP price could rally to $280, providing a bullish outlook for the crypto. The expert alluded to XRP's historical performance as to why the coin could reach such an ambitious price target.
XRP, the fourth largest cryptocurrency by market capitalization, recently showed a notable technical signal — a death cross on its hourly chart — which many traders deem a sign of bearish momentum. This pattern, which occurs when a short-term moving average dips below a longer-term moving average, has emerged in the present market uncertainty.
The price of XRP has recorded a significant downtrend in the last 24 hours, declining by almost 5% according to data from CoinMarketCap. Amidst this price fall, renowned market analyst Ali Martinez has stated there is a strong bearish pattern forming on the XRP price chart signaling further price drops ahead.
Volatility Shares, a firm that is focused on the development of innovative leveraged exchange-traded funds (ETFs), has proposed three new XRP products.
David Schwartz, chief technology officer at enterprise blockchain company Ripple, has already commented on a recently discovered Bluetooth vulnerability affecting close to a billion devices.
For the past four months, XRP (XRP -1.22%) has easily been one of the top performers in the crypto market. Over that time period, XRP is up a staggering 400% and was recently trading around $2.50.
The price of XRP is facing increasing technical and fundamental pressure, indicating a major decline of 20% in the very near future. Three decisive factors are clearly emerging, and the future of XRP may already be sealed.
XRP and Dogecoin are battling for dominance, but which one is set to lead the next bull run?
XRP slides 2.5%, deepening losses amid Trump's Bitcoin Reserve shift. SEC appeal and XRP-spot ETF approvals now drive market sentiment.
There's been a steady surge in XRP whale activity over the last three weeks.
The XRP price performance has been one of the bright spots in the cryptocurrency market over the past seven days. With the crypto climate becoming more uncertain with each passing day, the XRP token has been the only large-cap asset exhibiting some level of relative stability.
XRP (XRP -1.27%) has seen big volatility over the last week, but it's still posted substantial gains across the period. The cryptocurrency's token price was up 6.7% over the last seven days of trading as of 5:45 p.m.
In an interesting turn of events, the January 2024 theft of 283 million XRP (worth approximately $150 million at current market price) from the wallet of Ripple co-founder Chris Larsen has been linked to the security breach of password manager LastPass. This discovery was recently made public by prominent blockchain investigator ZachXBT.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has long reached a pivotal moment. The XRP community is calling on newly appointed SEC Chair Mark Uyeda to drop the agency's appeal.
Ripple (XRP) price is signaling a potential breakout despite ongoing consolidation. The cryptocurrency remains below the $2.5 support level as the market faces corrections.
XRP's whale activity and rising NVT ratio hinted at a potential price shift or breakout soon.
XRP price has faced downside pressure in the wake of the White House Crypto Summit, but a shift in derivatives market trends suggests a potential bullish rebound in the near term. Ripple (XRP) Finds Support at $2.30 as White Summit Disappoints Ripple (XRP) price experienced additional downside pressure on March 8, closing the week in
In a major development for the crypto industry, the U.S. Office of the Comptroller of the Currency (OCC) has granted U.S. banks the authority to store crypto assets, engage in stablecoin operations and process payment transactions using distributed ledger technology (DLT).
As XRP continues to be weighed down by the general bearish cryptocurrency market sentiment, technical indicators suggest the asset is likely preparing for a significant price move.
Cryptocurrency prices resumed their downward trend after President Donald Trump hosted top executives for the White House industry summit.
Chris Larsen, co-founder of Ripple, fell victim to a massive $150 million crypto theft, which investigators now link to a security breach in the password manager LastPass.
The filings add to a growing list of firms seeking to launch XRP-focused ETFs in the U.S.
Is the XRP price in for a massive rally soon or is more pain coming?
As cryptocurrency regulations become clearer in the US, there are suggestions that XRP could lead the US financial resurgence. The comments from US Treasury Secretary Scott Bessent has given life to the theories for future XRP relevance but the spectre of its long-running case with the SEC looms behind.
If you're looking for a cryptocurrency investment that's at a very low risk of going to zero anytime soon, look no further than XRP (XRP -7.16%), as its blockchain just got an important upgrade that will likely help the coin to climb to new heights over the coming years.
A staggering 150,000,000 XRP worth $380,084,007 was transferred between unknown wallets at once, triggering curiosity about its underlying intent.
Ripple-linked XRP has continued to give conflicting signals to investors ion the broader cryptocurrency market. Despite bullish news of its potential in the U.S. Strategic Crypto Reserve (SCR), the price has not leaped in value.
The XRP market has experienced some significant bullish action in the past week with prices rising by 7.05%. Amidst this surge, popular market analyst Egrag Crypto has provided an interesting bullish prediction highlighting two potential price targets for the altcoin.
XRP is currently trading at $2.34 with a market capitalization of $135.76 billion, placing it in fourth position behind tether (USDT) at $142 billion, while its 24-hour global trade volume stands at $6.07 billion within an intraday price range of $2.31 to $2.55, reflecting a decline of 31.3% from its all-time high.
Over the last four months or so, XRP (XRP -7.09%) has seen a five-fold increse in its price prompting significant developments in the blockchain platform, including offering investors the ability to tokenize short-term U.S. Treasuries through its blockchain. On Feb. 25, XRP's project roadmap got another significant update that make the cryptocurrency an even more compelling investment.
A classic technical setup and the US government's commitment to only selling altcoins from its new Digital Asset Stockpile are posing a threat to XRP's uptrend prospects.
XRP has been a major player in the crypto world for years, known for connecting traditional finance with blockchain. With prices nearly 40% down from their all-time high of $3.8, many investors are wondering, is this the perfect time to add XRP? Let's see what the XRP price prediction says.
The Office of the Comptroller of the Currency (OCC) has reaffirmed that national banks and federal savings associations can engage in various cryptocurrency activities, including asset custody, stablecoin transactions and participation in distributed ledger networks.
"I've never seen XRP bullish more than this before," one popular analyst stated.
XRP saw a 9% decline over the past 24 hours, mirroring the broader market downtrend. This general decline comes as the market gives a muted reaction to Donald Trump's newly created Strategic Bitcoin Reserve and the just-concluded White House Crypto Summit.