This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000. Such a rally was not seen in months. This is returning optimism and excitement to the ETH ecosystem after a difficult period since March….
TL;DR Binance added XRP and DOGE to its Smart Arbitrage program, offering rewards for users who participate in a special promotion. DOGE saw a 5% daily increase, while XRP’s price remained steady at around $0.55. The Addition of XRP and DOGE Earlier today (November 8), Binance added Ripple (XRP) and Dogecoin (DOGE) to its Smart…
Ripple’s price has been consolidating over the last few months, as Bitcoin has reached new all-time highs. XRP investors are hopeful that things might be about to change soon. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart The USDT paired chart shows a choppy rangebound price action over the last few months….
TL;DR While BTC and other assets surged, XRP held steady, but analysts predict it could break out if it exceeds key resistance levels. Some experts see potential regulatory changes under Trump’s administration boosting XRP’s performance. New ATH After This Significant Milestone? The cryptocurrency market has experienced another bullish wave in the past 24 hours, with…
TL;DR Lawyers suggest that the lawsuit might be resolved with a potential $125 million settlement if the SEC leadership changes. One of them believes that a complete dismissal of the case is “unrealistic.” A Possible Resolution Next Year? The lawsuit between Ripple and the US Securities and Exchange Commission (SEC) dates back to 2020, when…
TL;DR XRP lagged behind other assets despite a market rally tied to Trump’s win. However, some analysts remain hopeful for a breakout if it clears key price levels. Ripple’s CEO Brad Garlinghouse welcomed the Trump victory, calling for changes like replacing SEC Chair Gensler and clarifying Ethereum’s regulatory status. XRP is Late for the Party……
The votes are in, and it’s now official that the 47th US President will be the 45th one – Donald J. Trump. Now, the crypto industry will wait to see if he will follow through on his multiple promises to let it thrive and support it in various ways. One of those promises made during…
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. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP’s recent rejection at the 200-day moving average of $0.55…
TL;DR XRP’s price struggles amid ongoing SEC lawsuit, with hopes that a potential Trump victory could lead to regulatory changes benefiting the asset. Analysts predict a bullish scenario for the token, with possible gains if resistance levels are broken. XRP’s Potential Catalyst Ripple’s XRP is among the very few leading cryptocurrencies whose prices have dropped…
TL;DR Analysts foresee a potential XRP rally, envisioning a surge to $0.90 if the asset clears crucial resistance points, despite recent underperformance. The US presidential election results could fuel enhanced volatility for the entire crypto market and Ripple’s native token particularly. ‘Bearish Outlook or a Strong Bullish Trend?’ Despite its slight resurgence in the past…
Ripple’s recent activity has highlighted a bearish trend, with a rejection at the 200-day moving average of $0.53. This resistance has halted the cryptocurrency’s previous upward momentum, driving the price back toward the $0.5 support level. Therefore, this raises concerns about its prospects. By Shayan The Daily Chart On the daily chart, XRP recently encountered…
This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss. If buyers don’t return soon, this cryptocurrency may test the support at 48 cents again. Since September, XRP…
Ripple’s recent price action reflects a cautious market, with a temporary rebound from the critical $0.5 support zone toward the 200-day moving average. However, a rejection at this level could solidify the ongoing bearish trend. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP faced renewed selling pressure after failing to sustain…
TL;DR Despite recent declines, one analyst predict a possible XRP breakout to $7.50 by the end of 2024. Increasing XRP transactions, new account activations, and payment volumes suggest heightened demand and user engagement, potentially adding upward price pressure. XRP Breakout Coming Soon? The cryptocurrency market has been booming in the past few days, with Bitcoin…
Ripple has encountered intense selling pressure near the key resistance zone, defined by the 100 and 200-day moving averages around the $0.55 mark. This has led to a sharp rejection and subsequent decline. The asset now hovers near a crucial support region, which could trigger a period of sideways consolidation. XRP Analysis By Shayan The…
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in greater detail. Ethereum (ETH) Ethereum closed the week in red, and its price fell by 6%. This comes after buyers failed to move it above $2,800 on Monday. Since then, sellers have taken the initiative and dominated. The current downtrend is quite steep…
TL;DR The negative sentiment around XRP and SHIB might actually signal a good buying opportunity, as markets sometimes tend to defy crowd expectations. The meme coin shows potential for a rally due to positive factors like Shibarium’s growth and reduced selling pressure. XRP and SHIB Flash the Buy Signal? The cryptocurrency market witnessed a significant…
TL;DR One analyst believes XRP could flip ETH driven by potential factors like a favorable Ripple v. SEC outcome and an ETF approval. Others, though, expect a possible 12% pullback. XRP to Flip ETH? Ripple’s XRP is among the very few leading cryptocurrencies whose prices are down year-to-date (YTD). Currently, it trades at around $0.52,…
Ripple’s price has been bearish over the last few weeks as it failed to continue its upward momentum. Looking at the technical charts, more downsides are probable in the short term. Ripple Price Analysis: Technicals The USDT Paired Chart By Edris Derakhshi (TradingRage) Against USDT, the XRP price has recently crashed below the $0.6 level…
Ripple’s blockchain network, XRP Ledger, has recorded significant on-chain growth over the past month. This signifies investor confidence in the network and its native token, XRP. According to a CryptoQuant QuickTake from analyst Wenry Seoul, XRP saw an increase in automated market maker (AMM) liquidity, decentralized exchange (DEX) transaction volume, and the number of new…
TL;DR Bullish analysts envision new peaks for XRP, but there is a catch. Despite recent underperformance, the asset continues to see increased adoption from major crypto exchanges, which could boost its liquidity and support future price growth. XRP Rally Under This Condition The cryptocurrency market recorded an uptick in the past few weeks, with Bitcoin…
Ripple has been experiencing a slight corrective consolidation stage following a notable plummet toward the $0.5 region. Nevertheless, the asset faces a significant resistance region, potentially leading to rejection and a subsequent decline aiming to reclaim the $0.5 support. XRP Analysis By Shayan The Daily Chart Ripple’s price recently experienced a significant decline toward the…
TL;DR Ripple plans to launch a stablecoin, RLUSD, later this year, which could boost confidence in its technology and possibly result in a rallying XRP price. Another element that could impact the token’s volatility is the Ripple v. SEC case, whose official end seems to be prolonged in the future. ChatGPT’s Estimation In April this…
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday. Since then, the price has been cooling down a bit by moving sideways, but the bulls don’t seem to be satisfied, and they may be…
Good news for XRP holders as the price moves higher. Key Support levels: $0.54 Key Resistance levels: $0.60, $0.68 1. Price Reclaims Key Level After some hesitation, buyers managed to push XRP back above the 54 cents level, which is now acting as key support again. As long as the price holds above this key…
Ripple is consolidating after a significant drop to the $0.5 support, following increased selling activity at the $0.66 resistance. However, after falling below the 100 and 200-day moving averages, the price is in a low-volatility phase, suggesting a potential pullback to these MAs. By Shayan The Daily Chart Ripple recently experienced a significant decline, reaching…
TL;DR Ripple’s legal battle with the SEC continues, with key rulings in August and ongoing appeals. Speculation surrounds Ripple’s Swell event in Miami, with potential major announcements that could impact XRP’s price. Recent Updates and Possible Developments Despite the numerous court rulings in the past several months, the legal battle between Ripple and the US…
TL;DR BTC dropped early in October but recently surged to over $66,000, with analysts predicting further gains. XRP saw a 3% weekly rise, with potential for more bullish momentum. Meme coins like TURBO skyrocketed in the past 24 hours, while DOGE and SHIB posted smaller gains. BTC on the Run Bitcoin (BTC) did not start…
Ripple recently faced significant selling pressure after being rejected at the critical $0.65 resistance level. This resulted in a 23% price drop, breaking below the 100—and 200-day moving averages. This price action hints at a potential downtrend continuation toward the $0.5 mark. XRP Analysis By Shayan The Daily Chart Ripple recently encountered intense selling pressure…
TL;DR An ETF approval could fuel a triple-digit XRP rally in the mid-term (according to ChatGPT). Despite the positive outlook, there is a risk of a “Buy the Rumor, Sell the News” effect, where prices fall after the possible green light. The Potential Price Targets Ever since the launch of exchange-traded funds (ETFs) in the…
TL;DR Judge Torres ruled XRP’s secondary sales aren’t securities, but Ripple was fined $125M. The company filed a cross-appeal after the SEC contended, adding more legal uncertainty. XRP saw a slight recovery to $0.54 but remains down in the past two weeks. The Latest Update The legal tussle between Ripple and the US Securities and…
This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain. Buyers defended the cryptocurrency at the $2,400 support level, which continues to hold at the time of this post. It is…
TL;DR It appears that the market uncertainty and negative sentiment are on the rise, especially for Ethereum (ETH), Bitcoin (BTC), and Ripple (XRP). However, some analysts remain optimistic about XRP despite the current conditions. The ‘Top’ 20 List Despite positive expectations, the cryptocurrency market started October on the wrong foot, registering a substantial correction. Multiple…
TL;DR Ripple won a major cross-border payments award and made progress on its RLUSD stablecoin. SHIB saw high volatility, briefly surged, but then declined; analysts remain cautiously optimistic. Bitcoin dropped in early October, but some see potential for recovery. What’s New Around Ripple (XRP)? The company made the headlines lately, securing yet another accolade. As…
Ripple’s price has been consolidating in a very tight range in the last few days, and it has yet to give any indication of its future direction. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has recently experienced a massive drop from the $0.65 level, breaking below the…
TL;DR Ripple received an award for being the best cross-border payments platform in 2024, adding to its track record of industry recognitions. Despite the company’s accolade, XRP’s price did not chart any substantial gains lately, being negatively impacted by the latest developments in the Ripple v. SEC case. In The Spotlight… Again Juniper Research, an…
TL;DR The SEC appealed Judge Torres’s recent ruling, causing a sharp drop in the asset’s price. The XRP community launched a petition against the SEC’s contend, but it lacks the legal power to stop the ongoing legal process. The XRP Community is Not Pleased The nearly four-year-old legal battle between Ripple and the US Securities…
Ripple’s price has recently experienced a significant decline, just as market participants were becoming optimistic about the beginning of a new bullish run. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the XRP price broke above the $0.6 resistance level last week. Unfortunately,, it failed to hold above, and it crashed rapidly below…
XRP seems to have found support around 50 cents. Can buyers push the price higher this week? Key Support levels: $0.50 Key Resistance levels: $0.54, $0.68 1. Price Finds Support After a sharp fall last week, bulls appear to be back. XRP opened this Monday in green and is keen to return on an uptrend….
Last week, the US Securities and Exchange Commission filed an appeal in the case against Ripple Labs. This has been one of the most highly anticipated moves, and many speculated that the watchdog would forego its right to do so because its chances of winning are slim. This is also probably the reason why XRP’s…
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss. The price briefly fell under $2,400 and is currently trying to reconfirm this level as support. If it fails, then sellers may have an opening to push it…
Ripple has recently encountered significant selling pressure near the $0.65 resistance zone, triggering a sharp decline. This movement signals a potential shift toward bearish dominance as the price breaks below the ascending wedge pattern’s lower boundary. XRP may continue its descent toward the $0.5 threshold in the coming sessions. By Shayan The Daily Chart On…
TL;DR XRP saw increased social media discussions due to Bitwise’s ETF filing and renewed developments on the Ripple v. SEC front. Aptos (APT) gained traction with its Asia expansion, while Chainlink’s (LINK) recent popularity is tied to SWIFT collaboration. Increased Buzz Around XRP Crypto analytics platform Santiment estimated that Ripple’s native token has lately experienced…
This week, Bitwise registered a trust entity called “XRP ETF” in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a…
On Oct. 2, the US Securities and Exchange Commission filed a notice of appeal in the Ripple lawsuit seeking to overturn an earlier ruling. The agency has appealed a 2023 verdict set by Judge Torres, which ruled that secondary sales of Ripple’s XRP token did not constitute securities sales. The judge ruled that XRP failed…
Ripple’s price is down over 7% on the weekly following the recent crash. What’s next? Source link
TL;DR Ripple received approval to boost its operations in the Middle East. Despite the news, XRP’s price remained steady around $0.62, with no significant change noted in the past 24 hours. The Expansion in Dubai Ripple secured in-principal approval from the Dubai Financial Services Authority (DFSA) to expand its operations within the Dubai International Financial…
TL;DR Analysts expect a strong rally for XRP in October, with potential new highs. However, overbought RSI signals a risk of short-term correction. Bulls Anticipate a Massive Rally Ripple’s XRP has experienced enhanced volatility since the start of 2024, witnessing major pumps and significant plunges. In the aftermath, though, its current price is roughly the…
Ripple’s price is finally showing bullish momentum on the USDT and BTC pairs as it has taken out significant resistance levels. Yet, there’s still much work to do. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the Ripple price has been reeling since it rebounded from the $0.5 support level,…
In a surprising move, XRP broke above 60 cents while the rest of the market entered a pullback. Key Support levels: $0.60 Key Resistance levels: $0.68 1. Price Breakout XRP managed to move above 60 cents over the weekend and rallied all the way to 66 cents. This is a major breakout and the price…