Este artículo también está disponible en español. XRP has been one of the underperformers in the current crypto market cycle, remaining approximately 86% below its all-time high of $3.84 reached on January 4, 2018. Remarkably, despite significant fluctuations in the meantime, XRP is trading at a price similar to where it was one two years ago in October 2022. Crypto pundit known as CryptoTank (@Tank2033js) shared an explanation on X to clarify why the XRP price isn’t moving as some might anticipate. With 214,000 views, the thread gained a lot…
Tag: XRP
XRP Price Range-Bound: Can It Break Out or Stay Stuck?
XRP price is moving higher from the $0.5250 support. The price could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP price is attempting a fresh increase above the $0.5320 support. The price is now trading above $0.5350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.5310 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels. XRP…
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Cardano and the XRP price action lock in bulls vs bears battle as RCO Finance prepares for 3,000% surge
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano and Ripple struggle for direction as RCO Finance heads for a potential 3,000% rally with a clear bullish path. Cardano (ADA) and Ripple (XRP) struggle for a clear price direction as bulls and bears pull in opposite directions. Meanwhile, RCO Finance (RCOF) has a clear bullish path to a 3,000% rally. What are the drivers of this potential rally? And how can crypto enthusiasts enjoy this surge? Let’s…
Whales Accumulate 40 Million XRP In 48 Hours
Este artículo también está disponible en español. Popular crypto analyst Ali Martinez shared data suggesting an interesting accumulation trend among XRP investors despite ongoing price uncertainty. According to Martinez, who referenced data from on-chain analytics platform Santiment, XRP whales have made substantial purchases totaling around 40 million XRP within the last 48 hours. Related Reading This significant accumulation trend coincides with a rise in large transactions to and from cryptocurrency exchanges, as highlighted by whale transaction tracker Whale Alerts during the same period. Whales Buy Millions Of XRP In a…
Analyst Forecasts XRP Bullish Breakout
Este artículo también está disponible en español. XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve’s interest rate cuts in late September, the market is experiencing uncertainty and anxiety. While some investors remain optimistic, the recent price movements of XRP have led to a sense of caution. Top crypto analyst Amonyx has shared insights into the potential for an unexpected XRP rally. In his analysis, he suggests that the altcoin might surprise skeptics with…
Expert Dissects $60 Forecast For XRP Price
Este artículo también está disponible en español. A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. Related Reading XRP Eyes $60 With SWIFT’s Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP’s price could potentially surge to $60, marking a staggering increase of approximately 11,220%…
Ripple Co-Founder Chris Larsen Sends $1 Million XRP Donation To Kamala Harris
Este artículo también está disponible en español. As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump. This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities and Exchange Commission (SEC) and its enforcement actions against the cryptocurrency sector. Ripple Larsen’s $1 Million XRP Donation Christian Larsen, co-founder of Ripple, has made headlines by making…
XRP Price Is In ‘Uncharted Territory’: Here’s What It Means
Este artículo también está disponible en español. Crypto analyst Egrag has provided an historical analysis of the weekly XRP price chart, suggesting that the cryptocurrency is entering “uncharted territory.” Utilizing historical data and focusing on critical technical indicators. Egrag highlights significant shifts in XRP’s trading behavior, emphasizing the exhaustion felt by the XRP community during this prolonged cycle. “This cycle has been extremely exhausting and super manipulative, especially when it comes to XRP. But don’t lose hope!” he states. Why XRP Is In Uncharted Territory Central to Egrag’s analysis are…
XRP Price Teases Fresh Gains: Is a Strong Move Ahead?
XRP price is moving higher from the $0.5220 support. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. XRP price is slowly moving higher above the $0.5320 support. The price is now trading above $0.5340 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. XRP Price Aims Higher…