XRP is dancing at $2.16, with a market value of $123 billion and a 24-hour trading hustle of $2.21 billion, bouncing between $2.15 and $2.20 as technical indicators send mixed vibes on where the price is headed next.
XRPs current positioning above $2.20 signals a crucial turning point. As the 50 EMA tightens below, investors anticipate a potential rally toward key resistance levels of $2.50 and $2.80.
XRP continued its sluggish trading trend as the weekend approached, dampening hopes of a Santa Claus rally this December amid a broader crypto market pullback led by Bitcoin.
XRP's prolonged consolidation below $2.73 resistance erodes market confidence as Futures OI sheds $1 billion.
A wave of cryptocurrency exchange-traded funds (ETFs) is anticipated in 2025, according to Bloomberg Senior ETF Analyst Eric Balchunas.
Ripple's XRP has garnered attention from traders as it inches closer to breaking critical resistance levels.
Veteran trader Peter Brandt, in a recent X post has shared two charts that may hint at XRP's next potential moves. Notably, Brandt shared a weekly chart that shows a bullish wedge pattern. If validated, the pattern will show price growth into 2025.
XRP has been consolidating under key resistance for over a month. This has left investors frustrated as the altcoin struggles to gain upward momentum. This extended inactivity has taken a toll on traders' confidence, with many stepping back as the altcoin has failed to display significant price growth.
With a magical stablecoin flick, Ripple sparks 106% growth. Dancing numbers, talking millions.
David Schwartz, the chief technology officer at San Francisco-based enterprise blockchain company Ripple, has denied being a billionaire in a recent social media post.
Crypto.com has reportedly started enforcing the European Union's Travel Rule, blocking a user from making an XRP deposit. The EU rule, Regulation (EU) 2023/1113, which is also known as the Travel Rule is expected to take effect across the continent from December 30.
The performance of XRP is still a hot topic as the asset settles after its huge rally earlier this year. At $2.18, XRP appears to be biding its time until a major technical development occurs based on the current price action.
Ripple Labs' very popular tokens had a tough year for most of 2024, but after markets rallied following Trump's election it's one of the year's biggest movers. Here are 8 key Ripple news headlines of the year.
Ripple's XRP is currently trading in the green zone as the price continues to move within a triangle pattern, a formation that signals indecision in the market.
SEC leadership overhaul ignites hope for XRP-spot ETFs. Will regulatory clarity drive a surge, or will court rulings weigh on prices?
If XRP can hold THIS level, it could spark a rebound.
Here are XRP and BTC news as Biden's crypto tax rule stirs market volatility. Learn how regulatory shifts and SEC decisions are shaping the future of crypto giants.
In the ever-evolving world of cryptocurrency, collaborations between major blockchain projects can have a transformative impact. One of the latest developments that has captured the attention of the crypto community is the potential partnership between Cardano and Ripple's XRP.
Crypto analyst Egrag Crypto has provided insights into whether the XRP price will rise or drop in the next 90 days. This came as the analyst revealed his target projections for XRP by March 2025, which coincidentally falls within this timeframe.
In a noteworthy development, the RLUSD stablecoin has seen an increase in trading volumes, rising by 106% in the past 24 hours. According to data from CoinMarketCap, RLUSD's trading volume has reached $39 million in the previous 24 hours, highlighting the growing traction of this stablecoin in the market.
2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $1.65 trillion.
Seasoned trader Peter Brandt has shared two charts that hint at the next possible move for XRP price.
XRP has been consolidating under key resistance for over a month, frustrating investors as the altcoin struggles to gain upward momentum.
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.
XRP News: In a recent interview, Fox Business correspondent Charles Gasparino's comments on Judge Torres's ruling in the Ripple vs. SEC case sparked a heated debate.
Ripple (XRP) seems weak as it consolidates around $2.1, especially with Bitcoin crashing from its ATH. Due to BTC's steep correction and failure to recover, the outlook for altcoins looks bleak.
XRP recorded a price correction, which can restrict it from competing with BTC and ETH.
It seems a new record won't arrive in 2024.
Ripple's XRP has entered a period of consolidation, navigating through minor price fluctuations while maintaining a generally positive trajectory. As of today, XRP trades at $2.17, reflecting a slight decline of over 2%.
US Crypto Policies Threaten XRP & BTC Trends: Anti-crypto moves by the Biden administration and SEC weigh on XRP prices and BTC adoption potential.
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.
Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his thoughts on the regulation of Ripple, expressing that he always believed the scrutiny on the company and its cryptocurrency XRP was unnecessary.
Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.
CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger's (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume.
Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.
One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token's dominance continues to scale up in the following months.
The cryptocurrency market is a connected ecosystem, and interoperability fuels its development. Cardano, which has a market capitalization of $31.4 billion, and Ripple's XRP, with a market capitalization of $123 billion, could be planning to enter into a symbiotic relationship.
The SEC's ongoing legal battle with Ripple over its XRP token is that it is overreaching to regulate the crypto space while leaving more pressing issues such as the Sam Bankman-Fried. Focusing on Ripple could be a concerning precedent for future digital asset regulations in the U.S.
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.
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.
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%.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
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.
Despite the recent bull rallies by both coins, OKX appears to have maintained its stance, as previously stated in June of this year. Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures will be delisted by the crypto exchange today.
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.
XRP's price is currently chilling at $2.14, having dipped 1.1% in the last 24 hours. With a market cap of $123 billion, it ranks fourth behind tether (USDT), boasts a global trade volume of $5 billion, and has been bouncing between $2.13 and $2.23 today.
The price of Ripple (XRP) has seen a spectacular increase of over 300% in the last two months, reaching $2.10 on December 27, 2024. However, warning signs suggest that the XRP cryptocurrency could collapse by at least 25% in the coming days.