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news-imageDecember 27, 2024

XRP Falls Sideways Above The $2.00 Support

The Ripple (XRP) price has broken below the 21-day SMA support and made a low above $2.00. Cryptocurrency price analysis brought by Coinidol.com.
Publisher: Coin Idol
Sentiment: Negative
XRP

More News Articles

Negative
cover-imageCoinPedia
December 28, 2024

XRP Lawsuit News: Ripple Case at Risk of Being Dropped, Says Gasparino

Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, recently appeared on Anthony Pompliano's podcast. Gasparino made harsh comments about the SEC's handling of the Ripple case, calling the regulation unnecessary. He discussed the possibility that the ruling might be reversed, potentially putting Ripple back under legal scrutiny.

Neutral
cover-imageCoinPedia
December 28, 2024

XRP Price Prediction For December 28

Ripple's XRP is currently consolidating on the larger time frame, with no major price correction. Instead, the market is moving sideways, hinting at a period of consolidation within an overall uptrend. At the time of writing, XRP is down by more than two percent and is trading at $2.17.

Negative
cover-imageCoingape
December 27, 2024

Pro-XRP Lawyer John Deaton Comments On New Crypto Tax Rule

Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. The rule, titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was recently introduced by the IRS.

Negative
cover-imageBenzinga
December 27, 2024

Bitcoin Dumps Below $95,000, Ethereum, XRP, Dogecoin Meander In Lackluster Friday Trading Session

Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.

Positive
cover-imageCoingape
December 27, 2024

4 XRP Tokens To Buy Ahead of Ripple ETF Approval

Cryptocurrencies did well in 2024, and the trend may continue in the coming year as the Federal Reserve cuts rates. XRP price surged to $2.90, up by over 640% from its lowest level during the year after Donald Trump won the election.

Positive
cover-imageCrypto news
December 27, 2024

MEXC lists XRPL meme coin PHNIX

The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX.

Positive
cover-imageBitcoinist
December 27, 2024

Cardano Founder Updates Ripple, Chainlink And Bitcoin Partnerships

In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.

Positive
cover-imageUToday
December 27, 2024

XRP Price Reclaims $2.20, What's Next?

XRP, after witnessing price volatility in the past couple of days, with its value dropping to $2.137, has made a rebound. Data from CoinMarketCap shows the coin has reclaimed the $2.20 price level, representing a 1.75% increase in the past 24 hours.

Neutral
cover-imageBeInCrypto
December 27, 2024

XRP Price Stalls as Whales Recover and Metrics Shows Mixed Sentiment

XRP price has entered a consolidation phase over the past seven days, following a historic rally during November and December that saw it reach its highest levels in six years. Whale activity has stabilized, with the number of wallets holding between 10 million and 100 million XRP recovering to 301 after a month-low of 292 on December 18.

Neutral
cover-imageUToday
December 27, 2024

XRP: Silver Lining That Can Create New Rally

XRP is currently dealing with an interesting situation, as its on-chain metrics and price movement show. Active accounts for the digital asset have decreased, and the most recent data indicate a sharp decline in user activity.

Positive
cover-imageCoinPedia
December 27, 2024

XRP ETFs: Will They Trigger a New Bull Run for Ripple in 2025?

After Trump's November victory, the crypto market surged, fueled by expectations of a pro-crypto-Republican stance. XRP soared 54.65% in a month to $2.31, achieving a market cap of $132.3 billion and a staggering 270% quarterly growth, securing its position as the fourth-largest cryptocurrency. Though XRP is down 4% today and trading at $4.

Neutral
cover-imageCoinPedia
December 27, 2024

XRP Price Prediction For December 27

XRP has recently experienced a dip into a key support region between $2.40 and $2.20. This area saw some initial price reaction on Sunday and Monday this week, but the response hasn't been strong enough to suggest a clear upward move just yet. At the current price levels, XRP is showing signs of consolidation.

Positive
cover-imageThe Currency Analytics
December 27, 2024

XRP Market Cap Surge: Analyst Predicts $1.56 Trillion Valuation

XRP, the native token of the Ripple network, could be poised for a significant market cap surge, according to a new analysis by crypto expert EGRAG Crypto. The analyst's predictions suggest that XRP could potentially outperform leading cryptocurrencies like Bitcoin and Ethereum, with the possibility of its market dominance pushing the token's valuation to a staggering $1.56 trillion, equating to a price of $27.2 per token.

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