XRP is trading at $2.41, with an intraday range of $2.38 to $2.52, a market cap of $137.70 billion, and a 24-hour trading volume of $8.77 billion, highlighting a phase of consolidation. XRP On the 1-hour chart, XRP shows a short-term downtrend following a retreat from a local high of $2.
XRP has experienced a significant surge today, showing signs of strong recovery after a period of market volatility.
Recent developments like XRP ETF filings, the announcement of a new SEC Chair, and the news of RLUSD stablecoin have further fueled XRP ETF launch speculations. But surprisingly, BlackRock has revealed no recent plans to file an ETF application for XRP or any other altcoins.
Ripples market moves, including its RLUSD stablecoin launch, have added fuel to rumors surrounding BlackRocks potential role in shaping the XRP ETF landscape. Grayscales remarkable growth adds a new layer of intrigue to the crypto narrative.
South Korea's National Assembly voted to impeach President Yoon Suk Yeol on Saturday, which intensified the nation's political uncertainty and tanked the national currency. The move comes after Yoon's controversial attempt to impose martial law in early December, which opposition leaders condemned as a threat to democratic order.
The world of cryptocurrencies is buzzing, and this time, it's XRP that is making the headlines. With an unprecedented flow of 2.66 billion tokens transferred on Binance in 30 days, the "whales" are taking control of the market.
Recently, XRP has been in the spotlight with its price jumping over 5% to $2.46, over the past 24 hours. Notably, the price of XRP has both soared and suffered a blow major blow. From a low of $0.7726, the coin has reached as high as $2.86, just shy of the $3 resistance.
With Donald Trump's win, the hopes around crypto regulations and supportive practices have increased. The re-elected President is already on the move, and picking his association seems crypto-friendly, which is nothing less than an achievement for the crypto investors.
As the markets are heading towards the last few days of the yearly trade, the volatility was expected to increase following a notable rise in the volume. However, the current trends suggest that the liquidity within the markets is slowly contracting, which could be a bullish signal for cryptos like XRP.
Whale activity has surged in the last 24 hours, Crypto analyst Ali Martinez has recently observed significant whale activity in major cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during a market dip.
Ripple CTO David Schwartz has responded to a conversation about Automated Market Maker (AMM) liquidity, addressing an important aspect of liquidity provider (LP) tokens. The conversation on X concerned the dynamics of LP tokens and their implications for liquidity pools.
Multiple positive developments including XRP ETF filings, SEC Chair Gary Gensler stepping down and RLUSD stablecoin have further fueled XRP ETF launch speculations. However, BlackRock has no plans to file an ETF application for XRP or any other altcoins, disclosed BlackRock‘s ETF department head Jay Jacobs.
The digital currency ecosystem is in recovery mode, with the XRP price in the spotlight. Over the past 24 hours, the Ripple Labs-associated coin has jumped by 5.99% to $2.46.
South Korea's shocking martial law declaration sent the crypto market into chaos, with XRP crashing from $2.60 to $2.13 in a massive sell-off. But the panic didn't last long! However, XRP price has bounced back, rising by almost 9% in the last 24 hours.
Prominent tracking platform Whale Alert, which monitors large cryptocurrency transfers, spreads the word about a mysterious big XRP movement spotted during the last 24 hours.
On Dec. 14, XRP, the third-biggest cryptocurrency, showed a major spike in a crucial indicator.
On December 10, Ripple's (XRP) price temporarily slipped below $2, sparking speculation that its prolonged uptrend might be ending. However, the bearish concerns have been short-lived.
XRP Listing: The crypto has noted a strong recovery today, after a recent volatile trading, with a flurry of positive developments boosting market sentiment. Amid this, a major listing announcement for Ripple's native crypto has further bolstered investors' confidence in the asset.
Elon Musk has criticized the U.S. SEC for being a “weaponized institution" in a recent post on X
XRP is the top performer from the larger-cap alts today.
The XRP (XRP) price has paused after reaching a high of $2.87 on December 2. The uptrend has continued as the cryptocurrency retraced and found support above the 21-day SMA.
With Bitcoin hovering around $100,000, altcoins have made a comeback. XRP has breached a key hurdle, which hints that the next phase involves a massive uptrend.
Ripple's XRP is on the verge of a major breakthrough, as recent developments in stable coins and strategic partnerships could trigger a significant price surge. The approval of RLUSD, a new stable coin backed by Ripple, by New York regulators has added fresh optimism to the XRP ecosystem.
In a recent X post, Ripple CEO Brad Garlinghouse backed Elon Musk, as the Tesla CEO criticized the US SEC. This has sparked immense discussions in the market, especially after the SEC Chair Gary Gensler recently targeted Elon Musk.
There's growing speculation that the SEC vs. Ripple case could be resolved under the President-elect Donald Trump's administration. SEC's current chair Gary Gensler is set to step down on January 20. Trump has nominated Paul Atkins, a cryptocurrency advocate, as the next chairman. The SEC claims Ripple violated securities laws by issuing XRP.
XRP, the native cryptocurrency of Ripple, is currently facing a grim forecast, with market analyst The Block Bull predicting a sharp decline to as low as $1.50 or even $0.50 in the near future. This pessimistic outlook follows the cryptocurrency's failure to break out of its consolidation phase and the broader uncertainty in the digital asset market, largely influenced by Bitcoin's fluctuating price around the $100,000 mark.
XRP ETF approval could ignite a bull run, with prices targeting $4.50 and possibly $10. Discover Ripple's RLUSD approval and market-shaping insights. The post Ripple's XRP ETF Launch Could Trigger a Bull Run – Is $10 Next? appeared first on Cryptonews.
SEC turmoil raises stakes for Ripple and XRP as Crenshaw's renomination hangs in the balance. Will a pro-crypto agenda reshape regulatory policies?
Ripple's XRP remains steady with little change on the chart. The market is still in the midst of a larger upward trend, potentially forming a third wave in an Elliott Wave structure. However, an internal correction seems to be occurring, which is not fully visible on the broader time frame.
As its price action tries to bounce back from recent losses, Solana finds itself in a vulnerable position. A declining trendline on the chart indicates persistent selling pressure, and buyers are frantically attempting to protect the 26 EMA, a crucial support level.
A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks.
A popular cryptocurrency analyst has posited that the native token of the XRP Ledger could see a dramatic price surge to a new all-time high of $4 over a key technical pattern that suggests a breakout could be coming after a brief correction.
Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224.50 -1.5% XRP (CRYPTO: XRP) $2.43 +3% Dogecoin (CRYPTO: DOGE) $0.4063 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00002846 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.1% and daily active addresses growing by 3.8%.
As December unfolds, the crypto market is brewing with intriguing predictions. The XRP price is currently drawing attention with a potential bullish reversal that could push it to $10. At the same time, a Ripple rival, WallitIQ (WLTQ), is predicted to experience an explosive surge to $14 from its current price of $0.
KaJ Labs is investing $100M in AI tools for Ripple's ecosystem to enhance automation, analytics, and decentralized enterprise operations.
XRP, one of the leading cryptocurrencies by market capitalization, has started trading on Arkham Exchange, according to a Friday announcement.
XRP, Ripple Labs' native token, appears to be consolidating within a tight range for over a week. Amid this consolidation and the market uncertainty, crypto whales and long-term holders have shown strong interest in the altcoin, following the formation of a bullish price action pattern, as reported by the on-chain analytics firm Santiment.
Crypto analyst Dark Defender has suggested that the XRP price is at a critical point as it decides its next move. This came as the analyst highlighted price targets to watch out for as the bull flag on XRP's chart has fully formed.
XRP's price movement on Dec. 13, 2024, reflects an intricate mix of bullish energy and moments of hesitation, with signals across various timeframes hinting at potential breakout opportunities. XRP On the 1-hour chart, XRP shows a short-term uptrend, bouncing from $2.286 to $2.48. However, the appearance of small-bodied candles near $2.48 suggests uncertainty among traders.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
XRP's recent correction appears to be driven by external volatility, making it more of a temporary blip than a lasting trend.
XRP has suffered an overnight selloff, after a whale moved $95 million of the coin to Coinbase. The post XRP Eyes All-Time High as Whales Move $95M – Could $5.85 Be Next? appeared first on Cryptonews.
XRP remained relatively quiet on Thursday, trading within a narrow range of $2.45 to $2.36. This comes after a modest recovery from a recent dip to $1.90 earlier this week, following a multi-year high of $2.90 on December 3.
Widely followed crypto expert Steph presented an optimistic outlook for XRP, suggesting that the cryptocurrency could deliver significant returns for those holding onto the asset. According to Steph, the upcoming years may bring life-changing wealth for XRP investors, with the price potentially surging to as high as $35 by 2025.
The XRP price is slowly forming a highly bullish pattern that could lead to a strong breakout in the near term. Ripple (XRP) was trading at $2.4 on Dec.
XRP finds itself in a consolidation phase following a notable rally. The cryptocurrency's price movement reflects a period of stabilization as traders evaluate the next significant move.
The pressure from the SEC on crypto companies seems to have lessened with the change in the U.S. government. XRP's legal battle with the SEC has had a big impact on its price but things might change when Trump takes office.
