XRP's price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity.
XRP shows promising signs for a potential breakout above $2.50, with technical patterns, reduced legal risks, and ETF speculation fueling bullish sentiment.
Prices of cryptocurrencies fluctuate quite often. Expert traders can capitalize on them, but constant market monitoring and adjusting trade strategies are still required, especially during a bear market.
ETPs, the heavily scrutinized investment vehicles, have delivered a resounding verdict: Ethereum is losing ground against XRP and Solana. According to CoinShares, net outflows from ETH-related products reached 86 million dollars in one week, while its rivals are nibbling away at market shares.
Coinbase, a prominent crypto exchange, draws a severe rebuke from XRP lawyers amid the Ripple Vs SEC lawsuit debate. In a recent development, XRP lawyer Bill Morgan questioned Coinbase's selfish motives, highlighting their deafening silence.
XRP has achieved a significant technical breakout by surpassing the 50-day exponential moving average (EMA), which had capped its gains for weeks. As of March 24, XRP is trading around $2.48, marking a 1.69% daily increase.
Ripple's XRP has gained 6% in the last seven days. However, the price is down by more than 2% on the daily chart and is struggling to break the $2.50 mark. On the positive side, after five weeks of withdrawals, digital asset investment products saw a $644 million inflow.
PLUS: AI tokens remained stable despite a prominent technology backer saying investments in the sector are occurring “ahead of demand.”
XRP may be set to break past key resistance levels, and that would mean gains ahead.
XRP price started a fresh recovery wave above the $2.40 zone. The price is now correcting gains from $2.50 and might revisit the $2.35 support.
21Shares has announced a major update for Swedish investors: XRP (AXRP), Bitcoin (CBTC), and Solana (ASOL) ETPs (Exchange-Traded Products) are now available on the Nasdaq Stockholm exchange in Swedish kronor. This makes it easier for investors to access these popular digital assets with local currency exposure.
Ripple CEO Brad Garlinghouse says the U.S. is undergoing a major shift in crypto regulation, calling it an unlocked market after years of stagnation. In an interview with Fox Business, Garlinghouse emphasized that people are underestimating the significance of this change.
XRP, the native token of Ripple Labs, appears to be turning bullish after months of downtrend. Amid ongoing market uncertainty, XRP has recently broken out of key resistance levels, including both the descending trendline and the cup-and-handle price pattern.
A long-term technical pattern on XRP price chart is drawing attention as crypto analysts outline a bullish scenario that could see the altcoin climb to $1,452.81. The projection is based on the breakout of a multi-year “bull flag” formation, traditionally seen in technical analysis as a continuation pattern that may precede upward momentum.
Ripple gains momentum amid rising ETF approval odds, regulatory shifts, and talk of an XRP supply shock.
XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million.
Crypto analyst Prophecy Trading has alluded to the XRP price chart which he noted is showing a wave 4 corrective structure that could lead to a new all-time high (ATH) in April. XRP is expected to witness one last price correction before it rallies to a new ATH of $4.
With a 4.56% gain, Shiba Inu broke above the local descending trendline and moved prices to around $0.00001354, showing the first indications of a possible reversal. Years of consolidation around the $0.0000122 support zone, which served as a base during increased whale outflows, preceded this move.
Asset management firm 21Shares has deepened its European footprint by launching three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm, according to a March 24 announcement. The newly introduced products are the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP).
It's been quite the run for XRP (XRP 1.41%) since President Donald Trump won the election back in November. Although it's been volatile like much of the sector, the world's third-largest cryptocurrency has ripped roughly 374% since Election Day (as of March 22).
Ripple CEO Brad Garlinghouse recently discussed what is next for his firm and how crypto legislation could also positively impact the crypto industry's trajectory and the future of blockchain technology. This comes just days after the US SEC agreed to drop the long-running Ripple lawsuit.
Crypto markets are rallying on Monday as the S&P 500 is having its best day in two months. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,253.26 +3.8% Ethereum (CRYPTO: ETH) $2,091.79 +4.8% Solana (CRYPTO: SOL) $142.75 +9.3% XRP (CRYPTO: XRP) $2.46 +2.8% Dogecoin (CRYPTO: DOGE) $0.1865 +9.1% Shiba Inu (CRYPTO: SHIB) $0.00001359 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 1.6% and daily active addresses falling by 6.4%.
Ripple CEO Brad Garlinghouse is predicting crypto adoption will soar this year as US President Donald Trump embraces the industry.
The XRP price is climbing steadily following Ripple's legal victory against the SEC, sparking renewed interest in its payment ecosystem. With IPO rumors swirling and optimistic technical forecasts, all eyes are on XRP's next move.
XRP (XRP) has gone up by 2.2% in the past 24 hours to stand at $2.46 per token as the crypto market continues to recover.However, on-chain metrics indicate that Ripple, the blockchain protocol powered by this cryptocurrency, has not been growing at a pace that justifies this recent price surge.
Ripple CEO Brad Garlinghouse has told Fox Business that the company is seeing a change in domestic interest.
Bitcoin (BTC) rose 4.25% last week to close above $86,000, and the bulls extended the recovery above $88,700 on March 24. 10x Research founder Markus Thielen said in a March 23 report that Bitcoin's reversal indicators had turned positive, suggesting a “renewed uptrend.
The crypto market started the week well as fears of Donald Trump's ‘Liberation Day' eased. Bitcoin rose for two straight days and hit a high of $87,400, its highest level since March 7.
XRP holders establish a wide demand zone for the altcoin as dominance against Bitcoin grows in confident levels.
XRP's (CRYPTO: XRP) has been on an upward trajectory, gaining 6% in the past seven days. This momentum follows growing optimism over Ripple's ETF approval prospects, fueled by the potential withdrawal of the ongoing SEC lawsuit.
XRP is staging a comeback with a current price of $2.47, representing a 27% drop from its $3.40 all-time high. The cryptocurrency commands a market capitalization of $143 billion and recorded a 24-hour trading volume of $3.13 billion within an intraday price range of $2.39 to $2.50.
The price of Ripple-affiliated XRP surged as much as 16% within less than 24 hours after news emerged that the blockchain company's legal brawl with the U.S. Securities and Exchange Commission (SEC) had finally concluded after four long years. The announcement signaled a favorable turn in the regulatory scenario for XRP and the broader crypto market.
Ripple USD stablecoin, RLUSD, has experienced a remarkable 319% surge in trading volume over the past 24 hours, reaching $39.9 million, according to CoinMarketCap data. This surge comes as market participants show growing interest in Ripple's stablecoin offering.
The XRP price has been consolidating for an extended period after its previous rally. However, a crypto analyst warns that the cryptocurrency could face a flash crash in April, potentially driving its price to new lows.
XRP, currently the fourth largest cryptocurrency by market capitalization, has seen a jump in trading activity, with its 24-hour trading volume skyrocketing by 71% to reach $2.98 billion, according to CoinMarketCap data.
"XRP bounced from the weekly support, and is holding its gain," one popular analyst stated.
Short-term charts paint XRP as an uncomfortably unstable and even profoundly disappointing token. Specifically, in a year that should have, thanks to the many positive external developments, led to new and ever-higher highs, XRP is 14.96% in the green.
On March 19, the US SEC officially ended its four-year-long lawsuit against Ripple, sparking a surge in XRP network activity. On the same day, the number of active addresses that traded the token skyrocketed to a year-to-date (YTD) high, reflecting heightened investor interest.
According to a recent report from CoinShares, investments in exchange traded funds focused on digital assets totaled $664 million last week.
XRP is up 3.5% from its values 24 hours ago, up from its weekend low of $2.37, after weeks of consolidating between $2 and $2.2.
XRP and Solana led all altcoin-based exchange-traded product (ETP) inflows during the week ending March 21, according to digital asset investment firm CoinShares.Other altcoin inflows were comparatively modest, with Polygon (MATIC) logging $400,000 and Chainlink (LINK) adding $200,000. Sentiment toward altcoins remained mixed overall, as Ether (ETH) alone saw significant outflows totaling $86 million.
Ripple (XRP) has been on a strong upward trajectory, with analysts predicting it could surge past $4 as regulatory clarity boosts confidence. While XRP continues its climb, savvy investors are scouting the next breakout opportunity, and Mutuum Finance (MUTM), is emerging as a prime performer.
21Shares has introduced three new crypto ETPs on Nasdaq Stockholm, aiming to meet the rising crypto demand in Europe.
The cryptocurrency market has been full of ups and downs, with XRP at the center of attention. On March 19th, XRP saw a 11.32% surge after Ripple's CEO, Brad Garlinghouse, announced that the U.S. Securities and Exchange Commission (SEC) had dropped its appeal against Ripple.
XRP price gained 3% to reach $2.48, with trading volumes rising 66% to $2.9 billion driven by broader market strength and optimism surrounding Ripple's legal case.
Ending a five-week streak of withdrawals, digital asset investment products saw a weekly inflow of $644 million. XRP and Bitcoin dominate the positive sentiment, marking a combined net inflow of $730 million.
In 2017, Ethereum (ETH) skyrocketed from $10 to over $1,400, and Ripple (XRP) surged from $0.006 to $3.92, creating life-changing wealth for early investors. As the crypto market gears up for another bull run, investors are wondering which will be the next altcoin to do so.
Ever since the presidential election in November, XRP (XRP 1.71%) has been on an absolute rocket ship. At its current price of $2.39, XRP is up almost 400% over the past five months.