After a monstrous rally during the middle of Q4, 2024, the crypto markets failed to hold the elevated trend, compelling most cryptos to plunge and consolidate within a narrow range. The prices of Ripple (XRP) and Stellar (XLM) also faced a massive pullback that dragged them to the monthly lows.
XRP has been showing some significant upside momentum recently. Although this move is primarily seen as a corrective bounce, it was expected. XRP has hit the target zone between $2.42 and $2.45. This target range was specifically selected based on Fibonacci levels, which have been pivotal in defining potential resistance areas.
In the last 24 hours, XRP rose 14%, holding $2.00 support with a bullish reversal pattern. Analysts forecast XRP could range from $1.35 to $2.50 in February 2025.
Ripple CEO Brad Garlinghouse is looking forward to 2025 with optimism, expressing excitement about the company's progress and its focus on practical applications for blockchain technology.
The price of XRP has wasted no time this year in showing extraordinary things on its charts. In the latest episode, the currently fourth largest cryptocurrency literally skyrocketed over 10% against Bitcoin (BTC).
The altcoin industry – led by Ripple Labs' XRP and Cardano (ADA) – has experienced a mild rebound as the global markets re-open for 2025.
After a prolonged correction, XRP appears ready for its next leg up. Key Support levels: $2, $1.6 Key Resistance levels: $2.8 1.
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.
Bitcoin experienced a notable rebound after falling to its lowest price in over a month, hitting $91,816 on Monday, according to CoinMarketCap data.
Payment tokens such as Ripple's XRP are surging today as an altcoin rally leaves lackluster Bitcoin behind.
On New Year's Day, Ripple released 500 million XRP tokens from its escrow account, in line with its monthly plan. This release, totaling over $1 billion in value, highlights the ongoing strategy Ripple has in place to distribute XRP over time.
As the crypto market gears up for the 2025 altcoin season, analysts are spotlighting Ripple, Hedera, and Rollblock as top contenders. #partnercontent
Accepting Ripple (XRP) ETFs is supposed to start a new chapter of institutional crypto investments. More general acceptance of this occurrence could trigger the explosion of some highly valuable tokens. Once XRP ETFs open in 2025, these five cryptocurrencies are poised to surge in value.
The cryptocurrency market exhibited a positive trend today, with the total market capitalization experiencing a notable increase of nearly 3% to reach $3.36 trillion within the past 24 hours. Trading volume, on the other hand, witnessed a decline of 9.2% to $99.38 billion.
Brad Garlinghouse, Ripple's chief executive officer, has stated that he is "excited" for 2025.
Ripple's native crypto XRP has witnessed a strong surge gaining 15% in the last 24 hours while setting the stage for a rally to $3 and above. Today's XRP price surge to $2.42 comes along with a 120% surge in the daily trading volume reaching over $10 billion showing strong bullish momentum.
XRP's SEC Appeal Outlook: Will the SEC's leadership change drive Ripple's case withdrawal? Key January dates may influence XRP's future.
Ripple's legal chief has issued a year-end warning to the SEC, highlighting key legal boundaries on crypto assets and cautioning against regulatory overreach in 2025. Year-End Message: Ripple's Legal Chief Warns SEC Against Repeating Missteps in 2025 Ripple's chief legal officer, Stuart Alderoty, took to social media platform X on Dec.
When one would have thought that John E. Deaton would boldly express his bullish stance on the XRP price, the pro-crypto lawyer outrightly stated that he had no idea how high the coin could soar.
The price of XRP rose sharply to outpace the top 10 cryptocurrencies by market cap as the altcoin looked to begin 2025 on a winning note. On Jan. 1, Ripple token XRP (XRP) traded to highs of $2.
The price of XRP, one of the biggest cryptocurrencies by market capitalization, has soared by more than 11% over the past 24 hours, according to data provided by cryptocurrency ranking site CoinGecko.
XRP has faced significant bearish pressure over recent weeks, trading around the $2 mark as 2024 draws to a close. Despite experiencing a 9% loss in the last 24 hours, the token remains above $2, marking its first-ever yearly candle at this level.
After an impressive 12% rally, XRP, the native token of Ripple Labs, is poised to sustain its upward momentum as it nears a bullish breakout. Amid this upward trend, participation from traders and investors has skyrocketed, as revealed by on-chain metrics, including open interest, the long/short ratio, and inflow/outflow data.
XRP's surge amid regulatory shifts and high trading volumes may signal increased market volatility and potential legal clarity for crypto assets. The post XRP jumps 10% to $2.3 as 2025 kicks off appeared first on Crypto Briefing.
It's been a rough few days for crypto prices after several weeks of upward pumps. After rallying nearly 300% in the past two months and even briefly flipping Tether's USDT to become the third-largest crypto by market cap, Ripple-associated cryptocurrency XRP has lost roughly 16% of its value over the last 14 days.
Whale transfers exceeding $700M push XRP into the spotlight, with analysts eyeing $5 as the next big target. Bold predictions hint at prices reaching double digits this market cycle.
Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.
XRP (XRP) has been facing significant price volatility, struggling to maintain its position above the $2 mark. The digital asset recently dipped below $2 for the third time in December, briefly touching lows of $1.995 on Binance before experiencing a minor bounce back.
Crypto analyst Dark Defender has predicted that the XRP price could reach $5 in this new year. This bullish prediction comes amid increased Whale activity, with these investors moving over $700 million worth of XRP.
A measured SEC approach to crypto regulation could foster innovation, reduce legal uncertainty, and clarify digital asset classifications. The post Ripple CLO calls for SEC to avoid overreach in crypto oversight appeared first on Crypto Briefing.
XRP ended the year strong, at over $2.
The Ripple-affiliated XRP cryptocurrency has started the new year in the green.
XRP enthusiasts are filled with anticipation, hoping for a major price rally to close the year. Speculation has been rife about a significant price surge, but expert analyst Vincent Van Code has advised caution.
In a technical analysis shared by crypto analyst Bobby A (@Bobby_1111888) on X, the analyst projects that XRP will potentially reach the $15 mark in this bull run, contingent upon historical price movement patterns aligning. The analysis delves into XRP's past market cycles, applying percentage-based extrapolations and chart pattern assessments to forecast future price trajectories.
Despite the amount of time, XRP bulls have defended the $2 zone, the build-up of liquidity beneath this support area was relatively small.
Prominent blockchain sleuth Whale Alert, which tracks large cryptocurrency transfers, has spread the word about the very first massive XRP transfer in 2025. This hefty transaction carried half a billion XRP coins.
With its price up about 240% year to date, Ripple's native token , XRP (XRP 2.64%), is one of several cryptocurrencies that have soared in response to Donald Trump's presidential election victory. With a market cap of $121 billion, it has minted plenty of millionaires out of its early backers.
In a post on X, prominent pro-XRP attorney, John E. Deaton, shed light on the intricate dynamics between the US Securities and Exchange Commission (SEC) and Ripple's competitors, suggesting a coordinated effort to undermine the company and its digital asset.
The new year 2025 has started for XRP with a rather large transfer of 30 million XRP to the major Korean exchange Bithumb. As it became known thanks to a report from Whale Alert, the amount of tokens equivalent to $64.03 million was deposited on Bithumb earlier today, and it came from the unknown address "rPyCQ.
Ripple's XRP has seen its price significantly erode in recent weeks following a meteoric rise of nearly 500% between November 6 and December 3. Since it reached a multi-year high of $2.90 on December 3, the altcoin has been in a downward trend.
Attorney and XRP supporter John Deaton recently shared that it's hard to truly measure the damage the SEC's lawsuit against Ripple and XRP has caused to Ripple's business. Back in 2012, when Ripple's founders created XRP, stablecoins didn't exist, and the global payments market was wide open for innovation.
XRP's price action remains relatively unchanged, with no major updates in recent developments. However, technical analysis suggests an ongoing reaction at the lower boundary of a potential triangle pattern. Here's a breakdown of the current situation and what to watch for moving forward.
Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin has lost its main support.
Ripple's XRP continues to mesmerize the crypto market, reaching $2.48, its highest level since 2018. This rise, from an increase of roughly 399% in the period of a month, indicates that there is more and more speculation and confidence in the increase in demand for Ripple's main token.
A new tool, the XRP Rich List Summary, is capturing attention in the XRP community. Developed by a Japanese programmer, the platform provides detailed insights into XRP wallet distributions and ownership.
Ripple's Chief Legal Officer, Stuart Alderoty, outlined six key principles on New Year's Eve, urging the US SEC to adopt a measured approach to crypto regulation. According to Alderoty, the SEC should only regulate securities transactions rather than expand its authority over asset sales without contractual rights or obligations.
With market caps of $119 billion and $30.52 billion, respectively, XRP and Cardano are among the top 10 cryptocurrencies globally.
XRP, the native token of Ripple Labs, continues to face significant downward pressure. On December 31, XRP's price dropped 2.62%, reaching $2.02.