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news-imageOctober 25, 2024

XRP Ledger Sees Surge in Liquidity Deposits, but XRP Faces Key Resistance: What's Next

Ripple's [XRP] has seen encouraging signs of growth within its ecosystem, especially regarding liquidity deposits on the XRP Ledger. However, despite these promising developments, XRP's price continues to face significant resistance, and bullish momentum remains elusive.
Publisher: The Currency Analytics
Sentiment: Neutral
XRP

More News Articles

Positive
cover-imageCoinPedia
October 25, 2024

XRP Network Activity Soars: Can Price Break Free from Resistance?

XRP's network activity is making waves as it hits a new high in active sending addresses, reaching 12,230, the highest in six months. The Q4 as predicted seems bullish and XRP is making some out-of-the-box jumps to sustain the Ripple vs SEC case damage. Here's one analyst who believes XRP may revive from ashes.

Negative
cover-imageUToday
October 25, 2024

XRP Death Cross Might Be Inevitable Now

Since XRP is getting close to a possible death cross, a very bearish signal where shorter-term EMAs cross below longer-term EMAs, the asset may be in grave danger of a bear market. This pattern usually signifies a loss of momentum and raises the possibility of additional declines.

Neutral
cover-imageCoinPedia
October 25, 2024

Ripple Files Form C For Cross Appeal: Are the Odds of Winning Still at 80%?

Ripple Labs has officially filed a notice outlining the specific aspects of its case that it intends to appeal following a significant ruling against it. Attorney Jeremy Hogan shared details on X, explaining the critical issues at stake in this appeal, which could have far-reaching implications for Ripple and the broader cryptocurrency market.

Positive
cover-imageThe Currency Analytics
October 25, 2024

Analyst Predicts Many Will Hesitate to Buy XRP Until Prices Hit $5 to $10

Recently, crypto analyst Jay Blessed shared his thoughts on XRP, highlighting that many investors are likely to wait until the altcoin reaches a price range of $5 to $10 before considering a purchase. Currently priced at around $0.52, XRP has remained below $1 for several years, leading to speculation about its future potential.

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