Ripple After the Crash: What’s Next for the XRP Price?
Ripple’s price is down over 7% on the weekly following the recent crash. What’s next? Source link
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…
TL;DR XRP defied the market downturn, gaining 4% while most cryptocurrencies saw losses. Analysts are bullish on XRP, predicting a potential rally with targets up to $2.30. Defying the Market Correction After several days of charting substantial gains, the cryptocurrency market flashed red today (September 30). Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) have…
Ripple has yet to begin a significant rally since last year, with the market mostly consolidating over the past few months. However, the recent price action is offering some clues and potential insights as to what the future may hold for XRP. XRP Price Analysis By TradingRage The USDT Paired Chart The price has been…
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase. Buyers remain interested and managed to push the price above $2,600. The current target is $2,800, which will also act as key resistance. Momentum slowly turned bullish in September,…
The entire cryptocurrency market has experienced a late 2024 revival since the middle of last week when the US Federal Reserve cut the interest rates in the country by 50 basis points. While BTC, ETH, and other altcoins have produced impressive gains, Ripple’s native token is trailing behind, trading mostly flat on a weekly and…
TL;DR Ripple secured a partial win against the SEC, but the regulator has until October 7 to appeal the decision. XRP’s price holds steady at $0.59, with some predicting an astronomical surge in the near future. What Could be Next? The legal battle between Ripple and the Securities and Exchange Commission (SEC) goes on. Back…
TL;DR XRP has consolidated around $0.58-$0.60. Analysts predict either a new all-time high or a significant price correction. Shiba Inu hit a milestone with over 7 million processed blocks on Shibarium, sparking optimism for further price growth, as the coin reached a one-month high. Bitcoin’s uptrend has slowed at around $63,500, with analysts predicting either…
TL;DR A popular analyst expects an Uptober for XRP, driven by the potential resolution of the Ripple v. SEC lawsuit and increased adoption. EGRAG CRYPTO predicts XRP could reach a new all-time high of $13 in the following months, though this is considered unlikely. The XRP Army is Waiting for Uptober October is a typically…
XRP’s volatility decreased this week, and the price has been moving sideways. Key Support levels: $0.54 Key Resistance levels: $0.60, $0.68 1. Price Consolidates XRP is consolidating in a flat trend under 60 cents. So far, buyers failed to break this level and turn it into a key support. While momentum remains neutral, bulls could…
TL;DR XRP Ledger’s fixAMMv1_1 update was activated on September 24 to improve the Automated Market Maker (AMM) feature. XRP’s price remained steady around $0.58 following the development. The First Out of Three Earlier this month, the team behind XRP Ledger (XRPL) announced that a major update under the code fixAMMv1_1 will be implemented within two weeks. The…
TL;DR Ripple’s XRP has risen lately, supported by positive news, though some analysts warn of a potential sharp decline. Other experts remain bullish, expecting XRP to continue climbing, possibly hitting $0.66 soon. ‘The Breakdown Will be Violent’ Ripple’s XRP has experienced a substantial uptick in the past two weeks, with its price increasing by 9%…
TL;DR XRP has been on an uptrend recently, with analysts predicting a potential sharp rise, possibly reaching $0.66 soon. Volatility is expected due to the ongoing Ripple v. SEC case, with the agency’s decision on whether to appeal the ruling still pending. ‘I Think XRP is Ready’ Ripple’s XRP gained momentum in the past two…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase. On Wednesday, the Fed cut the interest rate by 0.50%, which turned out to be extremely bullish for crypto. Since then,…
TL;DR XRP has shown a weekly uptrend, with one analyst noting it has been above a major resistance level for over seven years. Whale activity has increased and could be viewed as a bullish factor for the asset’s potential rally. XRP Keeps Trending up? Despite trailing behind other leading cryptocurrencies in terms of gains, Ripple’s…
After a solid bullish rebound, Ripple’s price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance. By Shayan The Daily Chart A closer look at Ripple’s daily chart reveals that following an increase in demand around…
TL;DR The CEO of BecauseBitcoin invested heavily in XRP, citing specific technical analysis as the reason. XRP’s NVT ratio has fallen to around 125, which is considered undervalued, potentially supporting the case for future price growth. Change of Heart The X user Max (CEO and founder of the crypto analysis platform BecauseBitcoin) recently jumped on…
TL;DR XRP rose 10% in a week, fueled by Grayscale’s new Ripple trust and a potential Robinhood re-listing. While some see a bullish trend, others predicted the token could perish “soon.” XRP’s Next Potential Move Ripple’s XRP has registered a 10% price increase in the past week, making it the best-performing cryptocurrency from the top…
TL;DR XRP gained 7.5% last week, boosted by Grayscale’s Ripple Trust launch and rumors of a Robinhood re-listing. BTC dropped below $60,000 after briefly surpassing $60,500, affected by negative news in the broader market such as the supposed assassination attempt on Donald Trump. SHIB increased by 2% over the week amid a high level of…
Ripple (XRP) enjoys some nice advantages among altcoins as markets rallied over the past week, but among a bevy of cryptos with great prospects is it the altcoin to watch in Sept? Source link
Ripple has found strong support within a critical price range, defined by the 100-day and 200-day moving averages, experiencing a significant bullish rebound. However, the asset is anticipated to continue rising toward the key resistance level at $0.64, where selling pressure may temporarily slow the upward momentum. XRP Analysis By Shayan The Daily Chart An…
XRP performed well this week and closed with a 11% price increase. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Moves Higher After firmly securing the 54 cents level as support, XRP rushed higher and almost reached 60 cents before a pull back followed. Buy momentum remains strong and could see the price…
The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum’s price has remained close to the key resistance at $2,400. Buyers are still trying to reclaim that level as support, but they lack momentum right now, which is why the asset hasn’t moved much…
Ripple’s price demonstrates a willingness to rally higher on both the USDT and BTC pair. Yet, there are still some significant levels the market should overcome. By TradingRage The USDT Paired Chart On the USDT pair’s daily timeframe, the price broke above the 200-day moving average (located around the $0.55 mark) yesterday, following a swift…
TL;DR XRP rose by 6% to $0.57 following the launch of the Grayscale XRP Trust. Analysts are optimistic about a potential bull run, fueled by the new trust and legal developments. Outperforming BTC and ETH The cryptocurrency market has experienced little to no volatility in the past 24 hours, with Bitcoin (BTC) trading around $58K…
TL;DR Some analysts predict a major price rally for XRP, comparing current market conditions to the 2017 surge. The reduced supply of XRP on exchanges suggests lower selling pressure, as more investors may switch to self-custody methods, possibly supporting upward price movement. ‘Euphoric Phase’ Incoming? Ripple’s XRP has shown quite a wobbly performance as of…
TL;DR The XRP Ledger (XRPL) will implement a major amendment in two weeks to enhance its Automated Market Maker (AMM) feature. Ripple’s XRP has seen a slight price decline, with a 1% drop over the past 24 hours and a 7% decrease over two weeks, despite recent updates. Activation in Two Weeks The team behind…
TL;DR XRP’s price saw a slight increase in the past 24 hours and a declining supply on exchanges suggests a further uptrend. The ongoing legal battle between Ripple and the SEC could impact the asset’s price as both sides consider their next steps ahead of an October deadline. XRP Might be Gearing up for a…
TL;DR XRP is down 10% on a two-week basis, but analysts remain optimistic about a potential bull run. SHIB has plunged 12% for the same period, with ongoing token burns aimed at reducing supply and boosting its value. BTC is also in the red, with potential rallies linked to upcoming economic events. Where’s XRP Headed?…
Ripple has undergone another sharp drop, breaking below the critical 100-day moving average of $0.53. This breakdown underscores the bearish outlook for the asset, with the price likely to continue its downtrend after a period of temporary consolidation. XRP Analysis By Shayan The Daily Chart A closer look at the daily chart shows that Ripple…
TL;DR XRP’s possible surge to $1 could be fueled by additional developments on the Ripple v. SEC front, such as the company paying the penalty. Other factors that may trigger a bull run include positive market sentiment and increased adoption. Is There a Chance? After a prolonged period of inactivity, the lawsuit between Ripple and…
TL;DR Ripple’s XRP has dropped 10% in two weeks, with declining transaction activity and a broader market downturn suggesting that its correction may continue. The ongoing Ripple v. SEC lawsuit could introduce more volatility for XRP, with recent legal developments sparking speculation of a potential appeal by the regulator. XRP to Bleed Even More? The…
Ripple has presented a solid bearish signal by breaking below the 200-day moving average of $0.55, highlighting the presence of sellers in the market. However, the price is now battling to breach the 100-day MA at $0.53, and a successful break below this level could trigger a significant decline in the coming days. By Shayan…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss. This puts bears back in charge of the price action. If buyers don’t show up soon, ETH may go…
Buyers vanished this week and the price quickly showed it. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Back on Support In late August, XRP tried to make a higher high, but was stopped by sellers. This turned the chart bearish, and the price quickly fell to the key support at 54 cents….
TL;DR Ripple requested a delay in paying a $125 million fine, with the SEC agreeing to the proposed terms, leading to speculation about a possible appeal. The legal developments have had minimal impact on XRP’s price, which keeps trading at around $0.55. The Latest Update The legal battle between Ripple and the US Securities and…
Alongside a lackluster market, there has been a significant decline in whale activity across most major crypto assets. According to the latest analysis by Santiment, Bitcoin and Ethereum are seeing noticeable drops in $100k+ transactions. Whale Activity Plummets During the highly active period of March 13-19, Bitcoin saw 115.1k transactions valued at over $100k each,…
Ripple has shown a slight bullish rebound after encountering significant support at the 200-day moving average of $0.55, suggesting a modest increase in market demand. However, the market is likely to experience short-term consolidation. XRP Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ripple has seen increased buying…
“I am accumulating as many XRP as possible,” one popular analyst said. Source link
TL;DR The Ripple v. SEC legal battle may be nearing a resolution after a court ordered the company to pay a $125 million fine, significantly less than what the regulator initially sought. Speculation of a settlement persists, but no official confirmation has been made. XRP’s price keeps underperforming amid broader market declines. The Next Big…
Ripple recently faced rejection at the key resistance level of $0.64, causing the price to drop toward the lower boundary of its current range, closely aligning with the 200-day moving average at $0.55. Despite this pullback, the price is likely to experience a modest rebound, maintaining its sideways consolidation within this range. XRP Analysis By…
TL;DR XRP fell to around $0.56, but some analysts see a trend reversal for the asset Tightened Bollinger Bands and a low RSI suggest a possible price surge for Ripple’s token. XRP ‘Breakout’ Incoming? While Ripple’s XRP spiked above $0.60 last week, the broader crypto market decline suppressed its rally in the past few days….
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) This week, Ethereum re-tested the support at $2,400, and so far, buyers managed to defend this level well. On Thursday, ETH managed to recover some of the recent losses and spiked toward $2,600 again but was stopped there…
XRP, SHIB, and TRX had a difficult start this week, but buyers may be returning. Chart by TradingView 1. XRP Price Prediction XRP’s price fell by almost 10% at the start of the week, but buyers have been returning since yesterday. At the time of this post, the cryptocurrency is in green and may attempt…
Ripple has been trading within a tight range of $0.55 to $0.63, with the price recently facing a significant rejection near the critical $0.64 resistance level, retracing toward the range’s lower boundary. Despite this pullback, the asset is anticipated to undergo a period of sideways consolidation within this range until a breakout occurs. XRP Analysis…
TL;DR Ripple whales have been quite active lately, purchasing XRP worth millions of dollars in a matter of a single day. One analyst thinks the asset could be on the verge of a rally due to the emergence of a historic price pattern signal. Turning the Accumulation Mode on The popular X user Ali Martinez…