Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Cryptocurrencies did well in 2024, and the trend may continue in the coming year as the Federal Reserve cuts rates. XRP price surged to $2.90, up by over 640% from its lowest level during the year after Donald Trump won the election.
Despite the recent bull rallies by both coins, OKX appears to have maintained its stance, as previously stated in June of this year. Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures will be delisted by the crypto exchange today.
The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX.
XRP's price is currently chilling at $2.14, having dipped 1.1% in the last 24 hours. With a market cap of $123 billion, it ranks fourth behind tether (USDT), boasts a global trade volume of $5 billion, and has been bouncing between $2.13 and $2.23 today.
The price of Ripple (XRP) has seen a spectacular increase of over 300% in the last two months, reaching $2.10 on December 27, 2024. However, warning signs suggest that the XRP cryptocurrency could collapse by at least 25% in the coming days.
Robert Kiuru, COO at XRPL Labs, recently stressed the importance of the Batch Amendment for the XRP Ledger.
XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise. Ripple (XRP) price was trading at $2.
In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.
The price of Ripple-linked cryptocurrency XRP has witnessed considerable selling pressure recently following a crypto-wide drawdown last week. However, this has not deterred analysts from sharing ultra-bullish targets for the coin.
XRP, after witnessing price volatility in the past couple of days, with its value dropping to $2.137, has made a rebound. Data from CoinMarketCap shows the coin has reclaimed the $2.20 price level, representing a 1.75% increase in the past 24 hours.
The digital asset currently holds a 2% market dominance, with a market cap of $125 billion. The coin is trading at $2.20, up 52% in the last month, with a daily trading volume of over $5.60 billion.
Cryptocurrency enthusiasts and traders have been paying close attention to XRP, the digital asset associated with the Ripple network. Recently, crypto analyst Egrag Crypto made waves with a bold prediction that XRP could reach as high as $27 in the next market cycle.
XRP News: Crypto exchange Binance's peer OKX will delist Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures today. The move comes in line with current market trends and to meet users' needs, the crypto exchange explained.
XRP price has entered a consolidation phase over the past seven days, following a historic rally during November and December that saw it reach its highest levels in six years. Whale activity has stabilized, with the number of wallets holding between 10 million and 100 million XRP recovering to 301 after a month-low of 292 on December 18.
XRP is currently dealing with an interesting situation, as its on-chain metrics and price movement show. Active accounts for the digital asset have decreased, and the most recent data indicate a sharp decline in user activity.
After Trump's November victory, the crypto market surged, fueled by expectations of a pro-crypto-Republican stance. XRP soared 54.65% in a month to $2.31, achieving a market cap of $132.3 billion and a staggering 270% quarterly growth, securing its position as the fourth-largest cryptocurrency. Though XRP is down 4% today and trading at $4.
With 2025 approaching fast, the cryptocurrency market is alive with excitement. Analysts and fans are preparing for a booming altcoin season driven by a decrease in Bitcoin dominance and a larger change in market trends.
Cryptocurrencies had quite a year in 2024. Bitcoin (BTC 0.92%), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well.
Whale distribution and a convincing bearish reversal indicator set up XRP for further price declines in early 2025.
Bitcoin (BTC) fell further on Boxing Day, plummeting from $98,000 to a low of $95,214, failing to reclaim $100,000 over the holiday period. The cryptocurrency is down just over 2% over the past 24 hours, trading around the $96,100 mark with sellers firmly in control.
XRP price has experienced a 6% decline over the past week, mirroring the crypto broader market downturn. The entire sector is in a slump, with Bitcoin now valued at $95,000.
South Korea's ongoing political upheaval continues to derail its economy and crypto markets. XRP and the local currency, the Korean won (KRW), have experienced notable drops in market value amid the impeachment of acting President Han Duck-soo.
The Sui Network (SUI) is gearing up for a significant event on January 1, 2025, with nearly $300 million worth of its native token set to be unlocked. This is part of Sui's monthly process, which increases the circulating supply and impacts investor holdings. Despite a recent 5.
Despite recent selling pressure due to market turbulence, analyst Egrag Crypto predicts a potential rally to $27 for XRP, citing historical patterns.
XRP has recently experienced a dip into a key support region between $2.40 and $2.20. This area saw some initial price reaction on Sunday and Monday this week, but the response hasn't been strong enough to suggest a clear upward move just yet. At the current price levels, XRP is showing signs of consolidation.
XRP price failed to continue higher above $2.35 and declined. The price is down over 5% and is showing bearish signs below the $2.20 level.
Crypto markets face pivotal moments as SEC's Ripple decision and BTC-spot ETF flows steer XRP and Bitcoin price trends into 2025.
Egrag Crypto has projected a bullish XRP surge to $27, citing the 21 EMA crossover and historical performance trends. With parallels drawn to XRPs 2017 rally and current market dynamics, the crypto analyst believes a 4,770% price increase is achievable.
The XRP (XRP -6.16%) cryptocurrency is falling in today's trading. The crypto token price was down 6.6% over the last 24 hours of trading as of 6:15 p.m.
The so-called "Santa Rally" of Bitcoin, which is typically a time of optimism and price increases during the holiday season, is beginning to show indications of possible danger. After a brief decline below the 50 EMA at $95,000, Bitcoin has managed to recover and is currently trading close to $97,000.
Here's why experts are bullish on XRP ETF despite the expected SEC appeal in January.
Crypto analyst Egrag Crypto has predicted that the XRP price could rally to as high as $27 in this market cycle. The analyst also provided insights into why XRP could reach such an ambitious price target.
Crypto analyst Egrag Crypto has boldly predicted that the XRP price will outperform Bitcoin and Ethereum. The analyst provided an in-depth analysis showing that XRP has a much higher multiplier than BTC and ETH.
The price of XRP, the Ripple-affiliated cryptocurrency, is down more than 6% over the past 24 hours, according to data provided by CoinGecko.
Futures open interest on XRP dropped by 54% in three weeks. Is XRP gearing up for another rally?
As 2024 winds down, the long-standing legal battle between blockchain company Ripple and the Securities and Exchange Commission (SEC) is still hanging in the balance. However, there are signs that a resolution might be on the horizon.
XRP News: Amid a highly volatile crypto market witnessed recently, a crypto market whale's decision to move 90 million of Ripple's coin has echoed a frenzy. On Thursday, whale data indicated that roughly $200 million worth of the crypto was moved between unknown wallets.
Ethereum, Solana, and XRP exhibit crucial technical setups across weekly and 4-hour charts, highlighting key levels, bearish risks, and bullish targets heading into 2025.
Cryptocurrencies exhibited mixed signals on Thursday as Bitcoin struggled around the $95,000 mark. While sellers threatened continued dips, MOON DENG, PENGU, and Ripple's XRP had optimistic updates for their communities. Let us find out more. MOODENG explodes in gloomy markets Digital assets traded in red today as the global cryptocurrency market cap plummeted 3.
In the crypto arena, XRP stands out as a flamboyant gladiator, ready to jump by 65%, leaving Bitcoin and Ethereum in the shadows. Guaranteed suspense, according to an admiring expert.
Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, is poised for a notable price decline following the formation of bearish price action. Besides XRP, the overall cryptocurrency market seems to be struggling to gain momentum and is facing a significant price decline.
A prominent cryptocurrency analyst has recently suggested that XRP's price is currently the “most bullish looking chart” after the price of the cryptocurrency lost nearly 20% of its value from its early December high of $2.85. The native token of the XRP Ledger is at the time of writing trading at $2.
As became known thanks to historical price data from CryptoRank, this year's fourth quarter is officially the best for popular cryptocurrency XRP in the last seven years. With a return of 253.6% in the last three months, this quarter is also the best for XRP this year.
Ripple's price has been consolidating for the last few weeks and is yet to make a record high. Meanwhile, a bearish reversal does not seem probable at the moment as long as a certain key level holds.
Ripple's Upcoming 1 Billion XRP Unlock: Will It Impact the Price? With Ripple performing significantly well on the charts recently, concerns have arisen over its upcoming 1 billion XRPP unlock, which it does every single month to fund its operations. On January 1st, the market will witness 2025's first token unlock event.