Attorney and XRP supporter John Deaton recently shared that it's hard to truly measure the damage the SEC's lawsuit against Ripple and XRP has caused to Ripple's business. Back in 2012, when Ripple's founders created XRP, stablecoins didn't exist, and the global payments market was wide open for innovation.
XRP's price action remains relatively unchanged, with no major updates in recent developments. However, technical analysis suggests an ongoing reaction at the lower boundary of a potential triangle pattern. Here's a breakdown of the current situation and what to watch for moving forward.
Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin has lost its main support.
Ripple's XRP continues to mesmerize the crypto market, reaching $2.48, its highest level since 2018. This rise, from an increase of roughly 399% in the period of a month, indicates that there is more and more speculation and confidence in the increase in demand for Ripple's main token.
A new tool, the XRP Rich List Summary, is capturing attention in the XRP community. Developed by a Japanese programmer, the platform provides detailed insights into XRP wallet distributions and ownership.
Ripple's Chief Legal Officer, Stuart Alderoty, outlined six key principles on New Year's Eve, urging the US SEC to adopt a measured approach to crypto regulation. According to Alderoty, the SEC should only regulate securities transactions rather than expand its authority over asset sales without contractual rights or obligations.
With market caps of $119 billion and $30.52 billion, respectively, XRP and Cardano are among the top 10 cryptocurrencies globally.
XRP, the native token of Ripple Labs, continues to face significant downward pressure. On December 31, XRP's price dropped 2.62%, reaching $2.02.
Crypto analyst CasiTrades has provided some optimism as she predicts that the XRP could rebound to as high as $2.60. This came as she revealed that the crypto has found its local bottom.
People all over the globe are ready to welcome 2025 with fireworks and big parties. It is high time for U.Today to recall the key cryptocurrency news stories that have defined the year 2024.
XRP has found itself in a challenging position. Currently priced at $2.03, the token has faced some bearish pressure, with the market showing signs of uncertainty.
Cryptocurrency markets are trading relatively flat on New Year's Eve, with Bitcoin exchange netflows significantly lower. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $93,826 -0.5% Ethereum (CRYPTO: ETH) $3,354 -1.0% Solana (CRYPTO: SOL) $195.05 +0.8% XRP (CRYPTO: XRP) $2.09 +0.4% Dogecoin (CRYPTO: DOGE) $0.3184 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00002124 -1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 48.2% and daily active addresses falling by 0.07%.
Stuart Aldeorty, chief legal officer at Ripple, has outlined some key principles that he believes the SEC has to follow in 2025.
"It may be time to strap in," one analyst assumed.
The digital asset XRP wrapped up 2024 on a high note, climbing above $2 for the first time in years after spending much of the year under $0.72 per coin. Since early Jan., XRP has jumped by more than 236% against the greenback. From $0.63 to $2.
Crypto analyst Dark Defender has revealed a pattern in which the XRP price has formed on the daily chart. In his analysis, he highlighted the $1.95 price level as being crucial as it could determine XRP's next move.
With 2024 coming to an end and making way for 2025, popular cryptocurrency XRP has decided to finally delight market participants with green on its price chart, rising as much as 5.5% today.
While the price of the native token of the XRP Ledger has dropped by more than 3% over the past week, a prominent cryptocurrency analyst has recently suggested its prospects for 2025 are extremely bullish.
XRP is on the verge of a potential breakout, with analysts highlighting critical levels that could shape its trajectory toward $5.85.
Bitcoin aims to end 2024 on a (relatively) high note after dipping to a monthly low Monday, while AI agent coin AI16z pops to new highs.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been one of the most closely watched stories in the cryptocurrency world. The future of XRP, Ripple's native cryptocurrency, hangs in the balance as the SEC's deadline to file its appeal in the lawsuit approaches on January 15, 2025.
The popular cryptocurrency XRP is about to start the new year with a bang, specifically a 25% price spike. While not set in stone like everything else on the crypto market, this is at least what the Bollinger Bands suggest.
XRP price is down 6% over the last seven days but has managed to recover 3% in the past 24 hours, signaling potential stabilization. The RSI has risen to 46.5, moving out of oversold territory, while whale activity remains stable after a brief accumulation phase during Christmas.
December brought a notable increase in XRPs transaction activity, fueling optimism for a price rally. Trading near $2.07, XRPs key resistance at $2.15 could trigger a potential 40% upswing, while the $1.92 level provides critical support for price stability into 2025.
As 2024 draws to a close, all eyes are on the new year and what it can potentially bring to the cryptocurrency market. While the crypto space is filled with all sorts of predictions and wild guesses, some of the most popular digital assets are already offering a glimpse of how the coming year may unfold.
As the year comes to an end, the possibility of the top tokens closing the trade above the crucial resistance remains vague. Bitcoin fails to restore $98,000 while Ethereum may close the trade below $3,500.
In a recent X post, pro-XRP lawyer Bill Morgan predicted XRP and HBAR to outperform Bitcoin, Solana, and Ethereum in 2025. This comment comes after Ripple's native crypto has recorded a robust rally this year, especially after Donald Trump's election win.
As the year comes to a close, investors have been paying close attention to XRP, and with good reason. The average number of transactions per ledger, a crucial on-chain indicator, has increased significantly and steadily during the month of December.
There's no doubt that President-elect Donald Trump's victory on election night was a major catalyst for crypto in the year's final months. Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, surpassed $107,000 at one point this year, while other cryptocurrencies have soared as well.
XRP has reached a critical $1.9 support level, a price point that could define its short-term trajectory. At the same time, the Composite Trend Oscillator indicator is signaling oversold conditions, hinting at the possibility of a price rebound.
Major crypto whales from Solana, Toncoin, and Ripple are now eyeing Lightchain AI, a rising star blending AI with blockchain technology. #sponsored
As the cryptocurrency market enters 2025, XRP finds itself at the center of considerable speculation, with analysts forecasting dramatic moves for the digital asset.
Could XRP really hit $30 by February 2025? With the crypto market buzzing, investors are wondering if this ambitious target is within reach.
South Korean markets tend to prefer XRP over larger assets such as bitcoin and ether, and a volume bump tends to precede price anomalies on local exchanges.
XRP price has continued to stay in the red, as investors appeared to have taken a pause amid the holiday sentiment. However, as the crypto still holds above the brief $2 mark, the experts remained optimistic about the long-term trajectory of the coin.
While experts predicted all-time high crypto prices during the Christmas holiday and by 2024 end, the bearish takeover following the Fed's hawkish remarks triggered the opposite. Bitcoin's troubles continued, as prices plunged from above $99.2K on Boxing Day to $92.52K at press time. Altcoins endured similar trends.
Ripple Lab's XRP was the only top 10 cryptocurrency by market cap other than Cardano ADA to bear losses for the 7D window Monday morning. Meanwhile, its daily trading volume has drastically declined.
Weeks of escalating political instability fears continue to torment South Korean markets. XRP's price is down 2% in the last 24 hours, while the won continues to trade below 1,470 per dollar.
XRP price drops below $2, weighed by SEC appeal fears. Could new developments drive XRP to $1.50 or beyond $2.90?
Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, appears bearish and is poised for a price decline. Today, December 31, 2024, alongside XRP, the majority of assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), seem to be bleeding and raising concerns about when the price decline will pause.
Ripple's native token XRP has touched a psychologically important $2 mark as bearish sentiment takes over with spot volumes declining over the holiday season.
Given that XRP's funding rates have dropped, there may be a bullish opportunity for the asset. Extremely low funding rates historically signal oversold conditions, which raise the possibility that market sentiment will turn around and lead to a recovery.
Ripple's RLUSD stablecoin surged 170% in trading volume amid regulatory uncertainty surrounding Tether (USDT). USDT's compliance challenges under MiCA regulations boosted RLUSD's adoption as a compliant alternative.
XRP price approaches a defining moment as 3 critical RSI levels outline its future. RSI at 78 points to breakout potential, but dips near 70 or 65 could shift momentum to bearish territory, leaving bulls fighting to hold $2 support.
XRP Relative Strength Index (RSI) on the monthly time frame is providing crucial insights into potential price movements. Analysts have identified three pivotal RSI levels, 74, 70, and 65 as key thresholds for understanding the Ripple token trajectory in the near term.
Fox News business reporter Charles Gasparino became the subject of a controversial rift with the community that backs the popular crypto project Ripple (XRP) after claiming that there is no “XRP army” as these enthusiasts typically refer to themselves.
Cryptocurrency markets are trading sideways on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,335.84 +1.2% Ethereum (CRYPTO: ETH) $3,399.26 +1.7% Solana (CRYPTO: SOL) $195.53 +2.1% XRP (CRYPTO: XRP) $2.11 -0.8% Dogecoin (CRYPTO: DOGE) $0.32 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002158 -0.04% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 53.99% and daily active addresses falling by 0.07%.
Ripple's RLUSD stablecoin saw a sharp rise in trading volume, gaining traction and highlighting its growing role in cross-border transactions.