Ripple's XRP has gained over 2% and is currently trading above the crucial $2.15 mark. While this upward momentum is encouraging, market analysts suggest that XRP's journey is far from straightforward.
Independent Reserve has made history as the first exchange in Singapore to list Ripple's RLUSD, offering trading pairs in SGD and USD.
XRP, SUI, and HBAR key technical patterns signal bullish breakouts, potential consolidation, and critical price targets as Bitcoin price stagnates.
The volatility on the crypto market is thinning out, as showcased by key liquidation figures. Data from CoinGlass pegs shows that this total liquidation has been at $240 million in the past 24 hours.
Ripple RLUSD Stablecoin has marked its debut in the Singapore market, gaining notable traction from investors. According to recent updates, the stablecoin noted its first listing from the leading Singapore crypto exchange, Independent Reserve (IR).
XRP has taken the cryptocurrency world by storm in December, becoming the most traded altcoin on Binance. According to recent data, the coin had an astounding trading volume of more than $116 million on Binance Futures, demonstrating its growing appeal with traders.
After Donald Trump's crypto pump, Bitcoin crossed $108,000 for the first time. This also means the money could possibly flow to altcoins, ultimately triggering the altseason, which is considered the most profitable period of a bull market.
As XRP consolidates within a bearish flag formation, the price action has significantly calmed down in recent days, with volatility declining. With neither bulls or bears making any significant moves, XRP is currently trading close to $2.24 and displaying obvious signs of indecision.
"The final pump for 2024 is loading," one analyst claimed.
Although the majority of the crypto market is in the red with Bitcoin down 15% from its all-time high, Ripple (XRP) shows strength. Although, XRP has shed 28% between December 17 and 20, from a market structure standpoint, it shows massive strength.
XRP price has lost more than 9 percent in the last week, but the formation of a bullish pennant pattern signal a potential reversal.
XRP News: Ripple whales have maintained the buying trend amid a recent dip in the asset's price. According to recent reports, the whales have purchased over 40 million tokens recently, indicating that investors are taking a buy-the-dip opportunity amid a volatile scenario noted in the broader crypto market.
Ripple's XRP has been the subject of recent media attention, and for good reason. The cryptocurrency has experienced a significant increase in 2024, with a gain of over 258% since the start of the year.
Ripple's XRP is currently up by more than two percent and is trading above the crucial $2.15 level at the time of writing. According to analysts XRP market remains in an uptrend on the larger time frame, with key support found between $1.50 and $1.79.
XRP struggles amid SEC appeal uncertainty, with prices fluctuating as Ripple investors await clarity on legal battles and market direction.
XRP price remained stable above the $2.10 zone. The price is moving higher and might aim for a fresh surge above the $2.30 resistance zone.
Charles Hoskinson, the founder of Cardano, drew comparisons between his blockchain project and two of the most prominent names in the cryptocurrency space: Bitcoin and XRP. Despite their differences, Hoskinson believes that there are key similarities that link the three Layer 1 blockchain networks, particularly when it comes to their potential for long-term success.
On-chain data shows the XRP blockchain has witnessed sharp wallet growth recently and has outpaced giant networks like Bitcoin and Ethereum. XRP Has Been Gaining Rapid Adoption Recently According to data from the on-chain analytics firm Santiment, the top cryptocurrencies have witnessed significant growth in Total Amount of Holders over the last couple of years.
According to blockchain tracker Whale Alert, XRP whales have seen a significant transfer of 60 million XRP, valued at $132,202,106, between two unidentified wallets. This large transaction has drawn attention as market analysts predict a possible rally in XRP's price, with some suggesting a new all-time high could be on the horizon.
XRP was amongst the most traded altcoin on Binance this December according to CryptoQuant analyst JA Maartunn. The altcoin recorded a trading volume of more than $116.6 million on Binance Futures, outperforming other altcoins.
Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025.
XRP has been on an impressive growth trajectory since the U.S. elections in November 2024, with a surge of 336%, rising from $0.5035 to $2.21. This increase has reignited optimism in the cryptocurrency community, with many projecting even higher prices for XRP.
Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.
XRP price has faced a notable downturn, dropping more than 8% over the past seven days after reaching its highest levels in six years on December 17. The recent decline has brought XRP closer to a critical support level at $2.17, a key price point that could determine its short-term trajectory.
Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.
According to data provided by CryptoQuant analyst JA Maartunn, XRP is the most traded alternative cryptocurrency on the Binance exchange this December.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
The CLO asked the soon-to-be Trump administration to fix the problems caused by William “Bill” Hinman. The new crypto-friendly chair of the SEC, Paul Atkins, must first focus on rebuilding confidence.
The cryptocurrency market is exploding with fast-growing crypto coins. Several standout projects are getting praised by investors due to the potential of the coins for massive gains. With Ripple's CEO praising the nomination of a crypto-friendly SEC chair, the potential for regulatory clarity has reignited optimism across the industry.
The XRP lawsuit against Ripple has important court dates coming up. The U.S. Court of Appeals has set deadlines for the case. Ripple must submit a mediation questionnaire by December 23, 2024, and an opening brief by March 6, 2025. Ripple must respond to the brief by April 7, 2025. However, a potential U.S.
A large movement of Ripple (XRP) tokens from the project's main wallet to an unknown recipient is raising eyebrows within the crypto community as it could result in further weakness in the token's price down the road. A total of 90 million XRP tokens were sent to wallets rGBvEZnsKB7EvqA2ZZEXRgdwDMn9G9aBk2 and rDK26ASe17eR4ZJafRzgJxeSJNwAhziAee on December 21.
XRP is among cryptocurrencies with concentrated ownership in a few top addresses, raising concerns about the impact of centralization.
The XRP price has wiped out some of the gains made in November as the cryptocurrency sell-off continued. Ripple (XRP) retreated to $2.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Ripple CEO Brad Garlinghouse appeared in a recent 60 Minutes interview, which provided exposure for both Ripple and the broader cryptocurrency industry. However, the interview also faced criticism for including comments from John Reed Stark, a vocal critic of crypto, who dismissed it as a scam with no utility.
After reaching their yearly highs, the prices of XRP and ETH have started developing corrections, forming descending structures. Signs of corrections ending but breakouts are awaited to confirm.
XRP has been one of the top performers in Q4 2024, increasing its market cap rank in an impressive rally. Meanwhile, other cryptocurrencies significantly retraced in a recent market crash that liquidated billions from long positions, creating a buying opportunity.
Stuart Alderoty has urged the incoming Trump administration to resolve the SEC's lawsuit against Ripple, while XRP holds steady at $2.21 support level.
The price of XRP has dropped by approximately 8% over the past seven days, currently trading just above two dollars and twenty-one cents. Last week, the launch of the RLUSD stablecoin caused a spike from $2.40 to $2.70, but sellers ultimately took control.
XRP bulls are positioning for a breakout after pushing prices to $2.19 amid surging market activity. With technical indicators showing a potential rally ahead, traders are setting their sights on the $2.50 threshold.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) which began in December 2020 with the arrival of Joe Biden as US president has now continued for 4 long years.
XRP price hovers at a crucial $2.20 support level, sparking debates about its future. Will it rally to $10 or face declines to $1?
A new week has started with bears putting the pressure on, according to CoinMarketCap.
XRP has recently found support around the 26 EMA, a significant level often acting as a pivot for market sentiment. The asset's price has shown consolidation in this area, indicating a potential reversal or further downside if the level fails to hold.
Cardano's Charles Hoskinson is cozying up to Ripple Labs in a likely push for partnership.
The purchase did little to buoy sentiment for bitcoin, which recorded its first seven-day loss since early November.