An expert analyst is stirring up the debate over XRP's investment potential compared to Bitcoin. JayDee, a well-followed market analyst, has firmly stated that anyone who believes XRP is a better investment than Bitcoin is “out of their minds.

XRP, the digital asset linked to the Ripple network, has been a subject of much debate among cryptocurrency traders and analysts. A recent chart analysis by crypto analyst Egrag has drawn attention to an interesting feature in XRP's price history: a seven-year unbroken support level.

The bounce from $0.5 was a sign that sellers were likely exhausted, but it is unclear if the buyers have the strength right now to reverse the momentum.

The U.S. elections are set to make a significant impact not only on politics but also on the cryptocurrency market, particularly on XRP. Currently, XRP is trading around $0.5072, showing a modest increase of 0.1% in the past day.

President of The ETF Institute, Nate Geraci, says the upcoming election will profoundly impact the future of crypto ETFs. The approval of new spot ETFs for assets such as Solana, XRP, and Litecoin is of particular interest.

The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.

XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea's Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets.

Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.

While XRP has remained with no major price surges recently, it seems like it is going through a substantial recovery, with the amount of burned coins getting closer to a serious level. A remarkable milestone is likely to be approaching in the lifecycle of XRP.

Unusual activity on the crypto market continues today, with the sudden withdrawal of 1.586 billion XRP from the floor of one of Korea's largest exchanges, Bithumb. According to reports from Whale Alert, 586.09 million XRP, equivalent to $296.95 million, first left Bithumb in an unknown direction.

The role of artificial intelligence in price forecasts

XRP's price rose for two consecutive days as traders awaited the closely watched U.S. election, which could have significant implications for Ripple. Ripple (XRP) rose to an intraday high of $0.52 on Nov.

XRP's price recently slipped below the critical support level of $0.51. This decline signals short-term bearish momentum but leaves room for recovery as XRP's market conditions improve.

The cryptocurrency market is currently navigating through a complex regulatory landscape, with the U.S. Securities and Exchange Commission (SEC) playing a pivotal role in shaping the future of digital assets. Among the ongoing challenges facing the market are the legal battles involving Ripple's XRP, as well as the broader conversation about Exchange-Traded Funds (ETFs) for altcoins like Solana and XRP.

Ripple's price is experiencing low volatility, stuck between the $0.5 support and resistance near the 200-day moving average at $0.54. This range-bound movement suggests indecision, with a potential breakout likely determining the next trend.

The XRP price has been on the investors' radar lately, with many anticipating a strong rally in the coming days. Amid this, a top crypto market analyst said that the crypto is poised to hit $1.10, before a massive breakout to over $6 and beyond.

An amazing milestone in the life cycle of XRP is approaching: 13 million XRP burned. Nevertheless, the effect on the dynamics of XRP's price and scarcity is negligible in the absence of a significant burning mechanism.

Here's why a potential Trump win could benefit XRP's value.

At the world's largest Bitcoin conference, former President Donald Trump previously made a strong pledge to turn the U.S. into the “crypto capital of the planet” and a “Bitcoin superpower.” Speaking to a crowd of industry leaders and crypto advocates, Trump said that America must lead the way in cryptocurrency innovation.

Story Highlights The live price of the Ripple token is . The XRP price could reach a maximum of $1 in 2024. Ripple price with a potential surge, may reach a high of $4.89 by 2030. Ripple Labs native token “XRP” has lost momentum over the past few weeks.

XRP price lies near a crucial level as the U.S elections polling day on November 5th approaches Investors and analysts are keenly observing the potential impact of this significant political event on the crypto market, particularly XRP (XRP). XRP Price Ahead of U.S Election Day The price of XRP has increased by 0.1% in the

The cryptocurrency market enters a transformative phase, one asset that has captured significant attention is XRP. Despite a prevailing bullish sentiment across many digital currencies, XRP has struggled to make substantial gains.

The legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture, particularly with the imposition of a $125 million fine. This penalty arises from the court's determination that specific sales of XRP were executed as unregistered securities offerings.

The cryptocurrency market has recently endured a substantial correction, with rising uncertainties surrounding the upcoming U.S. Presidential elections. Among the many tokens affected, Ripple's XRP has been under significant pressure, fluctuating close to critical support levels.

As the cryptocurrency market continues to send mixed signals, the possibility of new Exchange-Traded Funds (ETFs) for assets like Solana and XRP has investors excited. However, these developments are facing challenges due to regulatory issues with the U.S. Securities and Exchange Commission (SEC), especially under the leadership of Gary Gensler.

Crypto prices today have set off waves of concerns among market participants globally. Bitcoin (BTC) price waned to the $68K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP prices witnessed a falling action.

XRP price is holding the $0.500 support zone. The price is consolidating and aiming for a fresh increase while Bitcoin is trimming gains.

XRP/USD experienced a slight pullback following a significant sell-off, reaching a high of $0.51342 and currently trading around $0.51365. Recent Developments In October and November 2024, Ripple (XRP) saw notable whale activity.

XRPs price surged past $0.50 today, driven by a bullish divergence on the Relative Strength Index (RSI), marking a pivotal movement that could define its next trajectory. Traders are eyeing resistance near the 50-day moving average, with the potential for further gains if bullish momentum holds.

The XRP price has remained under pressure this month after it emerged that Chris Larsen, Ripple's co-founder, was funding Kamala Harris for president. Ripple was trading at $0.50, a few points above $0.

Crypto jitters: Warren vs. Deaton showdown and US presidential election fuel XRP, BTC price volatility.

The Pipeline Flow Model, a unique market valuation approach, suggests that XRP's fair market value could reach as high as $3,541. This valuation is supported by several industry experts and XRP advocates who believe the cryptocurrency is currently trading well below its intrinsic worth.

XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.

The cryptocurrency market enters a new phase, analyst Steph has shared an optimistic outlook for XRP, highlighting its potential for significant price movement. Despite the current bull season lasting over a year, XRP has remained stagnant within a narrow price range.

The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.

A gigantic XRP whale has emerged following a substantial transfer of 104 million XRP, valued at around $56 million. This transaction, highlighted by blockchain tracking tool Whale Alert, saw 104,035,551 XRP moved from an unidentified wallet to a newly created one.

XRP opened the week on a positive note, trading at $0.51 with a modest 1.68% gain in the last 24 hours, according to CoinMarketCap data.

As the crypto market potentially prepares for a new bull run, investors are closely examining projects that offer exceptional performance as well as solid and innovative use cases. In this volatile universe, cryptocurrencies like Solana (SOL), Cardano (ADA), and XRP could stand out, as they combine speed, scalability, and adoption in the financial sector.

Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

John Deaton, Managing Partner at Deaton Law Firm and a candidate for the Massachusetts Senate, recently shared his thoughts on SEC Chair Gary Gensler's comments about cryptocurrency regulation. In a previous interview, Gensler had stated that enforcement actions against crypto leaders, including Sam Bankman-Fried, are necessary to build trust in the sector and protect investors.

Buyers are back in the game at the beginning of the week, according to CoinStats.

Today, the price of XRP rose more than 1.3%, once again trading above the 50-cent-per-token mark, which is considered an important psychological and analytical level. Interestingly, the rise in the price of the popular cryptocurrency, which ranks seventh in capitalization, was preceded by a bullish divergence in the RSI indicator.

Ripple's XRP has maintained a downward trend since early October. This decline began after the US Securities and Exchange Commission (SEC) announced it would appeal a federal judge's ruling in its case against the payments service provider.

The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.

XRP, the seventh largest cryptocurrency by market cap, has seen an increase in trading volumes, skyrocketing by 54% as the cryptocurrency market aims to recover after a $225 million sell-off.

John Deaton, Managing Partner at Deaton Law Firm and a Senate candidate for Massachusetts, has been a vocal critic of the U.S. Securities and Exchange Commission (SEC).

XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC).