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.
TL;DR Ripple is set to unlock over $2 billion worth of XRP on January 1, adding 1.74% to the current circulating supply, as part of its strategy to fund operations and provide liquidity.
The recent US elections have delivered significant financial windfalls for leaders in the crypto space, with some seeing their fortunes soar by billions. A report by CoinDesk reveals that key players such as Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse have experienced massive gains following Trump's victory.
XRP is currently navigating a phase of consolidation, with its price hovering around $2.25, down by more than two percent. The market has been relatively calm recently, likely due to the holiday season, and there has been no significant breakout in price.
After days of market turbulence, all eyes are on XRP as it faces a key resistance level. According to prominent crypto analyst CrediBULL Crypto, XRP is showing strong potential after profits were secured on an earlier long position. With its bullish setup, there's growing speculation that XRP could hit $2.65 soon.
The XRP network's average number of transactions per ledger has increased noticeably, which is encouraging for its ecosystem. This rise indicates that the network is becoming more active and utilized, which could indicate interest from institutional and retail players.
XRP has demonstrated consistent growth throughout late 2024, transitioning from a phase of consolidation earlier in the year to significant gains during the November bull run.
XRP has been trapped in sideways momentum, struggling to join the league of cryptocurrencies like Bitcoin that have reached new all-time highs (ATHs).
The price of the popular cryptocurrency XRP still has more downside than upside. At least that is what the Bollinger Bands tell us if we take a look at the price chart using this popular indicator.
As 2024 draws to a close, one of the most closely followed legal battles in the cryptocurrency world has continued to keep everyone on the edge, leaving a mark on Ripple Labs and the entire crypto industry.
Ripple unlocks 1 billion XRP every single month to fund its operations. On January 1st, the market will witness 2025's first token unlock event, but it is a matter of concern for some, as the Ripple token is performing significantly well on the charts.
After experiencing a few days of market volatility, XRP faces a crucial resistance that will determine its future price trajectory. Market participants are anticipating XRP's next big move.
XRP, the native token of Ripple, has experienced a notable surge in whale activity. Transactions exceeding $1 million have significantly increased, suggesting strategic accumulation by high-net-worth investors.
A widely followed cryptocurrency analyst and trader is leaning bullish on XRP. The analyst pseudonymously known as CredibleCrypto tells his 450,200 followers on the social media platform X that paired against Bitcoin (BTC), XRP “looks absolutely fantastic.” The trader says he plans to enter a long position in the coming days.
Bitstamp, the world's longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP.
The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.
Is XRP price heading for a crash, or is it on its way to a new all-time high? Dive into our latest price prediction to uncover what's next for XRP.
DMM Bitcoin, a cryptocurrency exchange in Japan, faced a massive security breach in May 2023, when North Korean hackers stole 4,500 Bitcoins, worth about $320 million at the time. It hugely impacted the firm's operation and despite several attempts to recover the funds DMM Bitcoin failed to restore their customer money.
Following the recent US election, leading figures in the cryptocurrency world have seen a massive boost to their wealth, according to a report by Coindesk. CEOs like Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse experienced major financial gains after the election results.
The cryptocurrency market continues its roller-coaster ride, with AI-driven tokens emerging as a dynamic force. Among these, iDEGEN has positioned itself as a game-changer in the AI-based memecoin sector, where its innovative auction presale mechanism redefines market engagement.
The Grayscale XRP Trust has emerged as a major highlight for cryptocurrency investors as the year 2024 comes to a close. With remarkable gains in November and December, this investment product is on track to end the year with over 300% growth.
Currently, XRP is trading within a range, and the market is quiet due to the holiday period. There hasn't been any significant breakout in price yet. The key question now is whether XRP will experience a price surge after the holiday season ends.
XRP whale activity rises sharply, fueling speculation about a breakout or consolidation phase.
Ripple partner SBI Holdings' arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange's customers will have their accounts ready by March 2025 following the transfer of custody assets.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Ripple's USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple's new USD-backed stablecoin, on its platform.
The planned unlock that occurs every first day of the month will add 1.74% to the current circulating supply, putting additional selling pressure on the cryptocurrency.
Bitcoin's 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.
David Schwartz, chief technology officer at San Francisco-based enterprise blockchain company Ripple, has taken a not-so-veiled dig at the US Securities and Exchange Commission (SEC) in his social media post. "Merry Christmas to everyone who opposes regulation by enforcement," he said.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.
XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.
The market is neither bullish nor bearish on Christmas, according to CoinMarketCap.
The ongoing bull cycle has seen XRP take center stage, rising above competitors like Solana and Binance coin to become the fourth-highest-ranked crypto. The 350% surge has reignited interest in the once SEC-doomed coin, with the price reaching a six-year high of $2.74 before consolidating around $2.40.
XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP has faced a 10.4% decline over the past seven days, reflecting a period of consolidation following its historic rally in November and December.
XRP price has recorded a slight decline today, following its massive rally over the past few months. Notably, the crypto has crossed the brief $2 mark for the first time since 2018 recently, with recent market trends indicating a further rally ahead.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 93 million ledgers successfully closed. This milestone highlights the XRP Ledger network's resilience, efficiency and expanding use over the years.
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.
Despite Christmas Day and the festive mood it brings, the cryptocurrency market is still active and has participants on their toes as never before. This time around, it was the turn of XRP enthusiasts to pay attention, as Whale Alert reported a mysterious large-scale transfer of the tokens to leading U.S. cryptocurrency exchange Coinbase.
Ripple's stablecoin, RLUSD, has seen significant activity in the last 24 hours. According to the Ripple stablecoin tracker, an X account tracking the minting, redemption and transfer of Ripple's RLUSD, a total of 3,000,000 RLUSD were transferred from one unknown wallet to another.
Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.