XRP's explosive rally faces risks as on-chain metrics point to overvaluation and weakening momentum.

XRP has been trading in a decline over the past few days alongside the broader cryptocurrency market. However, despite this lull, the XRP price has managed to maintain its critical support levels and is currently positioning itself for a potential recovery.

Bitcoin has plunged 12% in the last five days since setting a new high, while Dogecoin and XRP have fallen hard after recent milestones.

As the crypto market wavers under the shocks of volatility, XRP whales are making strategic moves. Between massive accumulation and the launch of the stablecoin RLUSD, Ripple seems to be laying the groundwork for a new surge.

According to on-chain data, Ripple has transferred a significant amount of XRP to unknown wallets, attracting interest from the cryptocurrency community. According to blockchain data tracker Whale Alert, Ripple shifted a total of 90 million XRP in two separate transactions within the last 24 hours.

After a huge surge of almost 500% in recent weeks, the price of XRP, currently the third largest cryptocurrency, seems to be finding its local ceiling. While in line with the performance of the broader cryptocurrency market, there's a possibility that XRP may not stop correcting there and eventually find a stop to the recent downward movement much lower than the current level of $2.26.

Ripple's XRP gains traction as global banks adopt crypto services, supported by Ripple's technology. Whale activity signals confidence in XRP's growing utility. The post Global Banks Adoption May Drive XRP Price appeared first on Cryptonews.

XRP community gets new rewards, Fed rules out BTC reserves, Strike CEO says Trump eyeing US BTC reserve, and more in this Week in Review. Week in Review Ripple's RLUSD stablecoin debuted on Uphold, offering rewards and benefits to XRP holders.

The on-chain metrics support the recent poor price performance of XRP. XRP Ledger has seen a sharp decline in the quantity of new accounts being created, according to data.

A leading market analyst has provided a roadmap for XRP to achieve a remarkable price surge, potentially reaching $6 in the near future—nearly double its all-time high from 2017/2018. This forecast comes amidst a volatile market environment, primarily influenced by the Federal Reserve's aggressive inflationary stance.

XRP lost its third position to USDT once again this week.

Ripple's XRP is down by more than six percent and is trading at $2.22 level at the time of writing. XRP's price is at a crossroads and has lost the majority of the gains made in the last seven days.

XRP Under Pressure as SEC Appeal Deadline Nears: XRP price trends hinge on SEC's decision to appeal Ripple rulings, with ETFs adding uncertainty to forecasts.

XRP has faced a steep correction over the past few days, plunging more than 23% since Tuesday amid heightened market volatility. Despite this sharp downturn, XRP has shown resilience, bouncing back with a notable 20% recovery since yesterday.

Ripple, Coinbase, and Kraken are leading crypto's charge into Trump's inauguration, contributing millions as the industry bets on pro-blockchain policies and favorable regulatory shifts.

Whales are buying the dip as Ripple's price consolidates at $2.32. With reduced profit-taking and strong support levels, signs point to a potential rebound.

Crypto analyst TradinSides has revealed that the recent XRP crash to $2 could have ended the bearish 2nd wave. With that out of the way, the crypto analyst mentioned the factors that could drive the wave 3 impulsive move to the upside.

Whale Alert identified 90M XRP moved to private wallets, fueling speculation about long-term accumulation. XRP remains steady at $2.25, sparking bullish predictions despite market uncertainty.

Crypto lawyer and Republican John Deaton argued that Elon Musk's proposed Department of Government Efficiency could bring transparency to government spending, quoting a video that featured American comedian John Stewart.

Ripple's XRP is showing a modest increase of over 1%, trading at $2.28 at the time of writing. After a recent dip below the $2 mark, XRP has managed to sustain a bullish trend.

Ripple Labs CTO David Shwartz has once again weighed in on the company's latest product, the RLUSD stablecoin that went live earlier this week. In a video message shared by the firm's official X account, David Schwartz said the Ripple USD offers the right use cases that can benefit users and developers.

The XRP price continues to defy expectations, maintaining levels above $2. Here are the latest factors driving its value, highlighting Ripple's strategic moves.

XRP has regained its footing above the $2 support level, fueled by significant whale activity. In only 30 minutes, 90 tokens, worth approximately $202,5 million, were transferred to unknown wallets.

The crypto market shows signs of resurgence, offering investors lucrative opportunities. These four Altcoin to Hold stand out with potential for significant growth before 2025.

XRP and the broader cryptocurrency market have moved sideways over the past few days. Despite the widespread sentiment, XRP holds key support levels, which could see it resume an uptrend.

XRP's Open Interest (OI) has recorded impressive figures within the last hour, reaching $1.96 billion. Data available from CoinGlass reveals that Binance leads other crypto exchanges with a notable $834.67 million in Open Interest.

XRP, the fourth largest cryptocurrency by market value, has seen a 5% price jump, despite a "death cross" on its hourly charts. The "death cross," typically seen as a bearish signal, occurs when a short-term moving average crosses below a long-term moving average, suggesting potential further declines.

XRP has experienced a significant downturn in recent days, shedding over 17% of its value since Tuesday. Despite this sharp decline, key on-chain data from Santiment highlights that whales are capitalizing on the dip.

In a fascinating throwback, Ripple CTO David Schwartz shared a unique use case of XRP Ledger (XRPL) from 2013, providing a glimpse into its early days.

The Ripple case, at the heart of a decisive legal battle, draws all eyes in the crypto world. This dispute opposes Ripple to its critics and sheds light on the growing regulatory challenges in a constantly evolving sector.

Pro-Ripple (XRP) attorney and Republican John Deaton shared a TikTok video on his X account, which featured American comedian Jon Stewart raising the alarm over the US Department of Defence's “unmonitored” spending. Deaton quoted the video, saying it is why Elon Musk-led D.O.G.E.

Whale activity drives XRP confidence as 30M XRP moves from UPbit. Technical resistance at $2.38 looms, but a breakout could push XRP to $3 and beyond. The post XRP Shows Signs of Possible Rally To $3 Following Whale Action appeared first on Cryptonews.

Is XRP overvalued? This is one question that the broader market has asked since the altcoin began its explosive in November.

Ondo Finance, Ripple, and Kraken have pledged significant donations to Donald Trump's inauguration fund. Ripple made a historic contribution of $5 million in XRP tokens to support the inauguration.

With the year coming to an end, XRP is finally showing signs of recovery after taking a bearish turn. With reports indicating that Donald Trump's fund is purchasing XRP, there are speculations over its impact on the token's value. Lets dive deeper to know XRP price prediction and what it means for the investors.

The inauguration function of Donald Trump is set to take place on January 20, 2025. The general anticipation is that the United States will witness a lavish inaugural function – far more extravagant than in the previous inaugurations.

DOGE dumped under $0.27 and XRP went below $2 during the correction.

There are rumors that Ripple and the SEC will have a closed meeting, which could lead to a significant development in the XRP case. Speculation suggests that the meeting may result in the case being closed or dropped entirely, with answers expected soon.

XRP, the native cryptocurrency of the Ripple network, has recently broken out of a prolonged 5.5-year consolidation phase, generating optimism in the market about its potential for substantial upward movement. After a strong rally in November, where XRP surged by 283%, the digital asset has faced some challenges, retreating from its high of $2.9 reached on December 3, 2024.

As the year comes to an end, the XRP price has shown signs of recovery after a week of bearish market. Reports suggest Donald Trump's fund is purchasing XRP, sparking speculation about its impact on the token's value.

Popular blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers, has spotted several impressive crypto transactions that carried close to 190 million XRP. Two-thirds of this amount of coins were shoveled between anonymous wallets.

Ripple whales have aggressively bought 80 million XRP during the latest market downturn, pushing prices higher and fueling predictions of a move toward $3. Optimism builds with Ripples new stablecoin and pro-crypto developments.

XRP has crashed alongside the rest of the cryptocurrency market, but this analyst thinks the asset could be the one to find a quick recovery. XRP Has Been The Top Traded Altcoin On Binance This Month In a new CryptoQuant Quicktake post, community analyst Maartunn has talked about how the altcoins currently compare against each other based on their monthly Binance futures trading volumes.

The U.S. Court of Appeals has just revealed key dates for the explosive lawsuit filed by Bradley Sostack against Ripple. In the meantime, the US Securities and Exchange Commission (SEC) is working to file its main brief before Chairman Gary Gensler leaves, but a potential government shutdown may cause delays.

XRP News: The Ripple whales have continued to bag more coins amid the recent market crash, indicating a bullish momentum ahead of the crypto. Besides, the recent performance of XRP, as well as the broader crypto market, also signals that investors are once again entering the market after a recent pause.

XRP took a big hit during the market-wide correction but it's up by double digits since the local low.

Ripple Faces SEC Appeal Drama: XRP battles market volatility as Ripple awaits the SEC's crucial January appeal decision, with potential price impacts looming.