Tag: XRP

Analyst Warns XRP Investors That A Supply Squeeze Is Coming And What It Means For Price

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A potential XRP supply squeeze may be brewing, and new insights from leading market watchers suggest that the impact on price could be significant. Crypto analyst Zach Rector has warned that the long-dismissed ”XRP supply shock” narrative is no longer just talk. As more XRP is locked, tokenized, and deployed in Decentralized Finance (DeFi) ecosystems, the available supply continues to tighten. XRP Supply Shock To Evolve From Meme To Market Reality  Crypto analyst Zach Rector ignited discussions about XRP’s circulating supply this week after posting on X social media that…

Is BlackRock About To Go Public With Ripple And XRP? Here’s What We Know

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Rumors are circulating that BlackRock has partnered with Ripple to tokenize real-world assets on the XRP Ledger (XRPL). There has been no confirmation from either party, suggesting that these rumors may not be accurate.   Rumors Circulate About BlackRock’s Partnership With Ripple and XRP In an X post, XRP influencer JackTheRippler said that there are rumors that BlackRock is about to announce a partnership with Ripple to tokenize assets on the XRPL. Other XRP influencers, such as CryptoSensei and Bale, also shared the rumor, sparking excitement among XRP community members.  Related…

Ripple Wants $1B to Buy XRP Amid Market Wipeout

Key Notes XRP drops 20% in a week as Ripple plans a $1B SPAC fundraising. Ripple aims to establish a crypto treasury with newly purchased and existing XRP. XRP faces key support at $2.20, with potential rebound targets at $2.70 and $3. Ripple Labs is reportedly gearing up to raise $1 billion through a special purpose acquisition company (SPAC) to purchase its own XRP XRP $2.21 24h volatility: 7.6% Market cap: $132.72 B Vol. 24h: $8.04 B token, despite the altcoin crashing more than 5.5% in the past 24 hours.…

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Ripple to acquire $1B in XRP through SPAC-led digital treasury move

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Ripple Labs is reportedly on the cusp of launching a fundraising effort to purchase $1 billion worth of its XRP token to hold in a digital asset treasury, according to Bloomberg. The fundraiser is being organized through a special purpose acquisition company or SPAC, Bloomberg reported on Friday, citing anonymous people with knowledge of the matter. The digital asset treasury (DAT) will consist of the freshly bought XRP (XRP) and Ripple will also throw in some of its own stockpile, but the exact terms of the transaction are still being…

XRP Price Slips Again, Bears Tighten Grip As Momentum Turns Negative

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP Predicted to Hit $5 as Snorter Token Presale Ends in 4 Days

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What to Know: $XRP is down 20% in the past month, but analysis reveals a path forward to $5. Ripple’s expansion in South Africa could bolster institutional adoption of $XRP. With 4 days left in the presale, $SNORT could follow $ XRP’s upward trend. Ripple’s $XRP hasn’t had a great month, dropping 20%. The downturn comes as the rest of the crypto market fares little better; Bitcoin currently trades near $110,000, down 10% for the week. But there’s every chance $XRP could drop further still, with one analyst seeing a…

Analyst Reveals The Chances Of The XRP Price Rallying 300% To $9 This Bull Run

Crypto analyst Egrag Crypto has revealed the chances of the XRP price rallying to $9 in this market cycle. He alluded to performances in previous cycles to explain why he believes this $9 target is the minimum for this cycle, with the possibility that XRP could reach higher prices.  Chances Of The XRP Price Rallying to $9 In an X post, Egrag Crypto revealed a 57% chance that the XRP price will rally to $9. This came as he highlighted a descending broadening wedge, which he claimed has a 57%…

Best Altcoins to Buy as XRP ETF Nears Approval and Institutional Buys Peak

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What to Know: $XRP has hit a recent low of $1.8 after the October 10 flash crash Institutional investment could be responsible for the recovery to $2.45 and beyond Several $XRP ETFs are scheduled for approval by the SEC this month The US shutdown has delayed these approvals, so they’ll be closer together $XRP has long been hyped as a crypto with the potential to transform the banking industry, and it might finally be taking off. The REX-Osprey XRP ETF has launched successfully, with the $XRPR fund trading over $37.7M…

Is The XRP Bottom In? Top Crypto Analyst Turns Ultra-Bullish

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Credible Crypto, a widely followed market technician with 479,900 followers on X, turned decisively upbeat on XRP in an October 15 video, arguing that the token’s high-time-frame structure “still looks absolutely freaking fantastic” despite “the most devastating and most significant liquidation event in the history of crypto.” He framed last Friday’s cross-market crash—“around 10 times more than the FTX collapse”—as a bottom-forming anomaly and said XRP’s key support held on closing bases, keeping his double-digit price outlook intact. XRP Targets Double-Digits The analyst’s core claim is straightforward: the violent wick…