Tag: XRP

Crypto Analyst Predicts XRP To Hit $1.03 Soon, Warns Of Initial Dip

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The XRP price has staged an impressive rally in recent days, but this came to an abrupt end yesterday. After rising to as high as $0.6378, it plummeted by more than 11% temporarily. Nevertheless, the popular crypto analyst Dark Defender (@DefendDark) remains bullish in the short-term, even if the dip could widen further in the short term. XRP Price Could Eclipse The $1 Mark Again According to him, the XRP price is in a promising short-term uptrend towards the $1.03 mark. This analysis is based on the 4-hour timeframe and…

XRP Price Plummets To $0.5724, Can Bulls Maintain Support?

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In recent trading activities, XRP has experienced a significant retracement, dipping toward a critical support level of $0.5724. This retracement which is seen as a correctional movement to the crypto asset’s recent rally has caught the attention of traders and investors alike thereby raising speculations as to whether the bulls can maintain the $0.5724 support level. This article provides an in-depth examination of the significance of the $0.5724 support level with the help of technical indicators and the potential future scenarios that could unfold when the coin reaches the level.…

XRP Surges 39% As Sharks & Whales Push Supply Share Past 85%

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The XRP price has seen a sharp rally of over 39% in the past week as on-chain data shows the sharks and whales have been busy accumulating. XRP Sharks & Whales Now Carry Over 85% Of The Entire Supply According to data from the on-chain analytics firm Santiment, large XRP investors have been participating in buying for a while now. The indicator of relevance here is the “Supply Distribution,” which keeps track of the total amount of supply that a particular wallet group is currently holding. The addresses or investors…

XRP Skyrockets 40% As Speculation Of Ripple-SEC Settlement Gains Momentum

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XRP, at the center of a high-stakes legal battle with significant implications for the industry, has taken the lead in the recent surge in crypto prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to a settlement with US regulators. Ripple-SEC Legal Dispute Continues Over the past week, XRP has experienced a substantial rally of over 40%, reaching a current trading price of $0.6161. This marks the highest level XRP has reached since April, while the overall market has seen a more modest increase…

XRP Lawyer Debunks Ripple-SEC Settlement Rumor For Tomorrow

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A rumor claiming a potential settlement between Ripple and the US Securities and Exchange Commission (SEC) scheduled for a closed meeting on July 18 has been debunked by former SEC regional director and pro-XRP lawyer, Marc Fagel. According to Fagel, the likelihood of a settlement being discussed in this particular meeting is highly improbable, despite the community’s hopeful speculations. Ripple-SEC Settlement Is Highly Unlikely The rumor was initially fueled by Brett Hill, an ambassador for the cryptocurrency exchange Bitrue, who suggested via the social media platform X that the SEC’s…

XRP Whales Are On The Move Again – Here’s What They’re Doing This Time

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XRP whales are on the move amidst a new surge in the wider market as the altcoin is currently grinding better than most would expect. The cryptocurrency has been on a roll in the past 24 hours, which has enabled it to outperform other large market-cap cryptocurrencies in both the 24-hour and seven-day time frames. It is interesting to note that this surge in the ultra-bullish XRP narrative can be partly linked to an increase in whale activity. According to both on-chain and exchange data, large wallets have increased their…

Mixed Results with XRP and ICP Leading

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Expert Foresees XRP Soaring To $250: Technical Analysis

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Crypto expert “The Great Mattsby” has found something interesting on the XRP monthly chart: the Bollinger Bands are the smallest they have ever been. This trend has shown huge price changes in the past, which has led to rumours that XRP is about to make a big rise. Related Reading Historical Patterns: Previous Explosions And Current Expectations Mattsby looked at patterns before XRP’s price shot up after its Bollinger Bands found themselves in a tight range. One pattern was from September 2016 and March 2017, when its price went up…

XRP Price Grinds Higher: Is A Break Above $0.60 Imminent?

XRP price extended its increase above the $0.550 resistance zone. The price is showing positive signs and might extend gains above $0.5850 and $0.600. XRP price started another increase above the $0.550 resistance zone. The price is now trading above $0.550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains if there is a close above the $0.600 resistance level. XRP Price Regains Strength…