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news-imageJanuary 21, 2025

XRP Hits Record Weekly High But Faces Market Correction

XRP, the cryptocurrency associated with Ripple, recently achieved a milestone by recording its highest weekly candle ever at $2.95 on the Binance exchange. However, despite this significant achievement, the token has since faced a correction, dipping below the psychologically crucial $3 mark and raising concerns among investors.
Publisher: The Currency Analytics
Sentiment: Neutral
XRP

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Negative
cover-imageNewsBTC
January 21, 2025

XRP Whale Binance Deposits Skyrocket: Key Holders Preparing For Profit-Taking?

On-chain data shows the XRP whales have been making a large amount of inflow transactions to Binance recently, a sign that may not be ideal for the asset's price. XRP Whales Have Made A High Number Of Transactions To Binance Recently As explained by an analyst in a CryptoQuant Qucktake post, the XRP Whale to Exchange Transactions metric has spiked for the cryptocurrency exchange Binance recently.

Negative
cover-imageThe Currency Analytics
January 21, 2025

Ripple vs. SEC: Lawsuit May Continue for 10 More Months

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have been locked in a contentious legal battle since December 2020, with the SEC accusing Ripple of conducting an unregistered securities offering through its digital asset, XRP. The case has dragged on for almost four years, and as 2025 approaches, legal experts are predicting that the lawsuit may extend for several more months, possibly up to 10 months.

Neutral
cover-imageCoinPedia
January 20, 2025

Time to Buy XRP? Record $250 Million of Outflow

The current market sentiment appears confusing due to the immense profit-taking in the past 24 hours. Amid this, XRP, the native token of Ripple Labs, seems promising and is poised for a massive upside rally, as long-term holders have shown strong interest and have been accumulating substantial amounts of tokens.

Positive
cover-imageCryptoGlobe
January 20, 2025

Why is XRP Up Today?

The price of the native token of the XRP Ledger is up more than 5% over the last 24-hour period amid a wider cryptocurrency market rally that saw the price of bitcoin hit a new $109,000 all-time high before seeing a slight correction.

Positive
cover-imageThe Currency Analytics
January 20, 2025

XRP Price Prediction: Analyzing Volatility Risks and Bullish Signals

XRP has garnered attention recently, achieving a 7-year high and surpassing the $3 mark, marking a 52% gain since the beginning of January 2025. The altcoin's surge has been supported by a strong accumulation of XRP by whales, who have increased their holdings by over 1.4 billion XRP in the past two months—a 35% increase in demand.

Positive
cover-imageUToday
January 20, 2025

XRP on Verge of U-Turn Price Move: 8% in 24 Hours

As it approaches the possibility of reversing its recent correction, XRP has shown incredible resilience over the last 24 hours, recording an 8% price recovery. As it recovered well from selling pressure earlier in the week, the asset is currently trading at about $3.18.

Positive
cover-imageCoinPedia
January 20, 2025

XRP Price Prediction For January 20

XRP is still in an uptrend, albeit in a corrective phase and the key to sustaining the bullish case is holding above the support levels. The altcoin has been consolidating just below its all-time high territory, and while the market remains in a mixed phase, the outlook is still positive.

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