An analyst has explained how XRP could eventually reach a $4.40 price target based on the bull pennant pattern that has formed in its 4-hour price. XRP Has Just Shown Its Third Straight Bull Pennant Pattern In a new post on X, analyst Ali Martinez has discussed the bull pennant patterns that have formed for XRP recently.
Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana's market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018.
A former XRP skeptic has made an unexpected statement declaring the present price chart of XRP to be the best among all the cryptocurrencies. This surprising praise has sparked debates about Ripple's digital currency, which still attracts strong advocates as well as outspoken detractors.
Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.
Ripple CEO Brad Garlinghouse has addressed recent comments made by former SEC official John Reed Stark during a recent "60 Minutes" episode, arguing that his points were "provably false."
Cryptocurrencies took a breather today as the price of Bitcoin retreated from $100,000 and traded around $97,500 as of 1 p.m. ET. Treasury yields rose in anticipation of new inflation data later this week, but otherwise, it was not immediately clear what drove the sell-off.
XRP has been on an extraordinary price run since Donald Trump's surprise presidential election victory in early November, which many see as a catalyst for broader optimism in the crypto space.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
For the past few days, Ripple Labs CEO Brad Garlinghouse has remained in the spotlight. His recent interview with 60 Minutes is still trending on X with former US SEC Enforcement official John Reed Stark wading in.
U.S. SEC Chair Gary Gensler's reign over the crypto industry may have prompted the creation of super political action committee Fairshake.
The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases.
XRP continues its battle with Tether for the third position in terms of market cap.
XRP's "bullish pennant" could send it to $3.80 before the end of the year.
Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares' latest report on digital asset flows. These inflows pushed year-to-date (YTD) totals to $41 billion, with assets under management (AuM) climbing to $165 billion.
Cryptocurrency markets have been watching Donald Trump's change of heart on cryptocurrency.
The XRP (XRP) price has dipped substantially back from the multi-year highs it hit last week in the $2.90 area, and was last trading around $2.40, but whale activity on the XRP Ledger remains strong. The post XRP Price Targets $5 as Whales Load Up – Is Another Surge Coming? appeared first on Cryptonews.
Sellers have seized the initiative at the beginning of the week, according to CoinStats.
Ripple CEO Brad Garlinghouse recently appeared on CBS's “60 Minutes.” However, the segment became more interesting when former SEC official John Reed Stark, a known crypto skeptic and supporter of SEC Chairman Gary Gensler, appeared to present opposing views on crypto's utility, regulation, and XRP's classification.
XRP's price has been seeing some significant movements lately, with recent whale transactions suggesting potential for a new all-time high (ATH). Over the past few hours, there has been a notable transfer of 34,943,418 XRP, worth approximately $84 million, between unknown wallets.
XRP price suffered a harsh reversal on Dec. 9, mirroring the performance of Bitcoin and other altcoins. Ripple (XRP) dropped to a low of $2.40, down by 16.
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.
Cardano co-founder Charles Hoskinson revealed ongoing discussions with Ripple executives about integrating XRP into Cardano's Midnight sidechain.
XRP's upward momentum has taken a hit after the price failed to reclaim its previous high of $2.9, sparking a fresh decline that has resulted in the price dropping toward previous support levels. The rejection has raised questions about the strength of the bulls and whether they can regain control to steer the price back to higher levels.
XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors.
XRP price is down 13% from its peak of $2.75 last week but traders continue to remain bullish on the altcoin per its technical chart.
Amid revolutionary announcements, technological developments, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic conflicts. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.
XRP (CRYPTO: XRP) has outperformed Bitcoin and Ethereum over the past month, following Ripple's favourable legal developments. The cryptocurrency peaked at $2.82—its highest level in nearly seven years—triggering speculation of even larger gains.
XRP holds firm above $2.40 despite Ripple's RLUSD stablecoin delay. Key support and resistance levels to watch for the next breakout.
Brad Garlinghouse, CEO of Ripple, has publicly expressed dissatisfaction with how CBS News' 60 Minutes portrayed his interview. The Dec. 8 episode, which condensed a 90-minute discussion into a 60-minute segment, omitted key details that Garlinghouse believes were crucial to accurately depicting Ripple's legal battles and the broader crypto landscape.
Ripple chief technology officer (CTO) David Schwartz has published a post that triggered the XRP's community's excited feedback in the comments.
Bitcoin, XRP, and Litecoin have reached their initial resistance levels after breaking out of bullish patterns and are now consolidating at these levels while seeking the next direction.
XRP price data strongly argues why the current correction is a buy-the-dip opportunity for whales and the altcoin's potential to move higher.
XRP, the cryptocurrency tied to Ripple, saw a sharp drop of nearly 8% today bringing its price down to $2.36. This marks the steepest decline in over two months, even as the token stays close to its all-time highs.
The crypto markets are contracting again as the Bitcoin price is losing grip over the rally as the token is struggling to sustain above $98,500. This has caused the other top altcoins, like Ethereum, to lose support as it drops below $3,900.
It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.
David Schwartz, Chief Technology Officer (CTO) of Ripple Labs, has posed an interesting question to former SEC official John Reed Stark. The CTO's inquiry focuses on the "securities" classification of some digital assets in blockchain.
A closely followed crypto strategist believes XRP is gearing up for bullish continuation after rallying hard last month. Pseudonymous analyst Credible tells his 446,700 followers on the social media platform X that he's keeping a close watch on XRP in its Ethereum pair (XRP/ETH).
The crypto market is about to experience a turbulent period with the three main cryptocurrencies pointing towards the red. Price forecasts for Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) indicate a possible correction ahead.
https://cutoshi.com/ https://twitter.com/CutoshiToken https://t.me/cutoshi
XRP's price has skyrocketed from $0.50 to $2.60 recently, raising questions about its potential to make investors rich. But is it really possible to get rich with XRP, or is it just another crypto dream?
TL;DR Charles Hoskinson seeks to integrate RLUSD, Ripple's stablecoin, into Midnight, Cardano's privacy sidechain, following years of tensions with Ripple. RLUSD would bring financial stability to Midnight, which already uses the tokens NIGHT (transactions) and DUST (governance and staking). Tools like Marlowe could facilitate the expansion of RLUSD and XRP, strengthening interoperability between both blockchains..
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.
A steep 8% decline in XRP over the past day suggests that the asset may be having difficulty continuing on its upward trajectory. The market received a clear indication that there might be difficulties for the bulls in the future, when XRP tried to break through the $2.6 resistance level but was unsuccessful.
Ripple CEO Brad Garlinghouse didn't hold back during his recent appearance on CBS 60 Minutes, shedding light on the company's prolonged battle with the SEC. He revealed that Ripple has spent over $150 million in legal fees while fighting allegations that XRP is an unregistered security.
Here are some of the optimistic XRP price predictions outlined recently.
Could this be the end of regulatory ambiguity?
Ripple CEO Brad Garlinghouse asks for clear regulation on crypto during his latest interview on 60 Minutes. With its debut on a major media like 60 Minutes, the crypto industry is set to gain mainstream adoption.
XRP maintains bullish market position as whale accumulation of $288 million and increased on-chain activity support price levels above $2.50, while technical indicators point to potential further upside movement.