XRP surges as rumors swirl around Ripple-Trump talks, hinting at SEC appeal withdrawal that could set legal precedent for crypto.
Ripple's native token, XRP is making waves in the cryptocurrency realm after Donald Trump won the U.S. presidential election. With this notable rally and bullish outlook, XRP has now reached a level where there is a high possibility it could skyrocket in the coming days.
Analysts are once again paying close attention to the price trend of XRP and the US election cycles. Many people who follow the market say that if a crypto-friendly candidate wins, XRP could go through a big jump, similar to what happened after other elections.
Ripple's native token XRP posted double-digit gains on Tuesday, positioning itself among the top 10 gainers as rumors spread about the CEO Brad Garlinghouse's meeting with Trump.
Ripple's journey has been nothing short of a rollercoaster, filled with legal battles and regulatory uncertainty. With the recent shift in the U.S. presidency to Donald Trump, Ripple CEO Brad Garlinghouse sees a pivotal opportunity to push for a regulatory overhaul that could finally resolve the ongoing standoff between Ripple and the U.S.
With Bitcoin's unrelenting rally toward $100,000, XRP recently reached the psychologically significant $0.60 mark, which should ideally serve as a launching pad for additional gains. Investors are becoming concerned, though, as XRP is showing indications of a possible reversal rather than rising in lockstep.
XRP is showing signs of a major price rally, with experts predicting that it could be on the verge of a massive pump. This potential surge has traders and analysts excited, as they believe the current moment is the perfect time for XRP to explode in value.
Ripple's President Monica Long has announced that the company's forthcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments ahead of its official launch. Speaking at the Singapore Fintech Festival in an interview with CNBC, Long highlighted the burgeoning market for stablecoins, emphasizing their potential to revolutionize the payments industry.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could be heading toward a resolution. For years, the case has focused on whether Ripple's digital asset, XRP, should be classified as a security.
Cardano founder Charles Hoskinson has hinted at a potential collaboration with Ripple, sparking excitement across the crypto community. In a recent post on X (formerly Twitter), Hoskinson praised Ripple CEO Brad Garlinghouse, calling him a “great CEO” and describing their interaction as “extremely collaborative.
Ripple's price is soaring, joining the likes of Dogecoin and TRX, charting double-digit gains today.
XRP jumped to almost $0.75 for the first time since March this year.
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Here are XRP's next potential targets (according to some popular analysts).
XRP is stealing the show once again, surging by more than 17% to reach a multi-month high of $0.70, according to data provided by cryptocurrency tracking service CoinGecko.
XRP continued its strong bullish momentum, reaching a high of $0.6985, its highest level since March 14. Ripple (XRP) rallied for four consecutive days amid widespread optimism in the crypto industry.
The cryptocurrency market has entered a long-anticipated bull run, or in other words, prices are rising across the market. Bitcoin rewrote history again, crossing $89,000, and many other assets like Solana have leapfrogged major competitors.
Over the past 24 hours, a substantial $7 billion boom in trading volume has triggered a huge technical breakthrough, clearing the path for a new all-time high. The post $7 Billion Influx Fuels Bullish XRP Price Breakout – Could It Reach a New All-Time High Soon? appeared first on Cryptonews.
The XRP price has risen over 13% in the last 24 hours and has reached a $40 billion market cap in the process. This recent rally has led to predictions about how high the coin could rise if the XRP bull run has indeed begun.
Ripple SEC Case: The crypto community calls for the dismissal of the long-running lawsuit and resignation of SEC Chair Gary Gensler. While former SEC lawyers have denied the odds of XRP lawsuit dismissal, Donald Trump-JD Vance administration's policy changes and crypto regulatory clarity could help end the case.
Despite the overall stagnation in XRP price over recent months, there has been some upward movement in the past week.
Bitcoin, the world's largest cryptocurrency, surged to new heights following Donald Trump's victory in the U.S. presidential election. The price of Bitcoin topped $75,000 in the aftermath of the results. Trump's election win has sparked widespread speculation about his stance on cryptocurrency regulation, especially regarding the U.S. Securities and Exchange Commission (SEC).
RLUSD's launch depends on the NYDFS, Long said.
XRP, the eighth largest cryptocurrency by market value, has seen a 109% spike in trading volume, with its price reaching $0.70.
As Bitcoin continues to jumpstart the crypto market thanks to its notable leg up, XRP is not left out this time.
The price of Dogecoin has exploded by an astonishing 40% in the past 24 hours, surging to $0.4277 as buyers continue to bet that the meme token will benefit from Elon Musk's involvement in the incoming Trump administration. The post Dogecoin Overtakes XRP as Elon's Influence Pushes DOGE to 2021 Highs – Could $10 Be Next? appeared first on Cryptonews.
Ripple CTO David Schwartz has addressed his followers on the recent appeal filed by the SEC to the Supreme Court against Ripple.
XRP trades close to a major supply zone that has consistently capped upside for over a year.
As the Bitcoin price inches close to $90,000, the memecoin space has geared up. The majority of altcoins have also risen over the prolonged consolidation including the most popular ones', Cardano & XRP. The price action of both the tokens has been displaying more or less the same volatility.
The COIN50 index could enhance market transparency and attract institutional investors, potentially stabilizing the volatile crypto landscape. The post Coinbase launches COIN50 index tracking major assets BTC, ETH, SOL, XRP, and DOGE appeared first on Crypto Briefing.
XRP is close to a major breakout that could double its price to $1.50. It's now at $0.6054 after a 5.1% jump in the last day but needs to break past a key level to keep climbing.
In a recent tweet, Ripple President Monica Long ended speculation surrounding the demand for Ripple's upcoming dollar-pegged stablecoin, RLUSD.
Crypto investors had been rooting for this election outcome.
Ripple President Monica Long has revealed that the company's upcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments prior to its official launch. Speaking at the Singapore Fintech Festival, Long emphasized that stablecoins are set to become a “massive trend” in the payments industry.
XRP maintains an upward trajectory while trading above $0.5900, with technical indicators suggesting potential for further gains as the asset consolidates below the $0.6350 resistance level.
XRP is currently trading at $0.61, having surged nearly 7% recently. The rally, driven by optimism around potential regulatory clarity and broader market movements, could continue to push the price higher, particularly with the ongoing Trump-induced rally that might extend throughout the month.
XRP was quite sluggish compared to the rest of the alts in the past week.
Ripple's XRP has maintained a steady uptrend over the past week. It currently trades at a two-month high of $0.64, having recorded a 19% uptick over the past week.
XRP surges 35% post-Trump's reelection and plans to fire SEC Chief Gensler. Holding above $0.667 could push XRP to $0.75 by November's end and $1 in early 2025.
There are no reversal signals on the market so far, according to CoinMarketCap.
XRP price tarries at the edge of a potential 100% breakout that could send it to $1.5 and beyond. Over the last 24 hours, the Ripple price has increased by 5.1% and is trading at $0.6054.
Dogecoin flipping Ripple marks a key milestone. As it evolves from a volatile token to one with real use cases, its potential to reach $1 grows stronger.
XRPs golden cross on the four-hour chart is sparking excitement among bullish investors despite a recent price drop. This technical milestone could suggest a shift in momentum if XRP maintains support in the coming days, leaving traders watching closely.
XRP price is slowly moving higher above the $0.5880 support zone. The price tested the $0.6330 zone and is currently correcting gains.
The long-running legal case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could finally come to a close soon, especially with the recent election of President Donald Trump, whose pro-crypto stance could lead to a more favorable regulatory environment for digital assets.
With SEC Chair Gensler possibly stepping down, Ripple's high-stakes battle over XRP could see a swift resolution, signaling a shift in crypto regulation strategy. Gensler on the Way Out? Ripple's Battle With SEC Over XRP Could Reach Resolution Attorney Jeremy Hogan outlined potential developments in the ongoing legal battles between the U.S.
Could Ripple's long-awaited ETF open doors for others?
Trump's election boosts crypto demand, but SEC appeal caps XRP gains. Will a policy shift spark a new rally?