Tag: XRP

XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions

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As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has demonstrated substantial activity. XRP Ledger Burn Rate Slows Amid Low Fees During Q1 2024, XRP, the native token of the XRPL, secured its position as the sixth largest cryptocurrency by market capitalization, reaching $34.1 billion (currently $29M). Despite a slight price decrease, XRP’s circulating market cap witnessed a 1.3% growth quarter-over-quarter (QoQ). Related Reading…

XRP Price Moves To Break Out Of 7-Year Accumulation, Analyst Highlights Possible 1,200% Rally

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The XRP price has been in a 7-year accumulation zone now and its failure to break out of this zone has been a constant worry for investors. However, it seems that the days of worry will soon be forgotten as one crypto analyst believes that the XRP price is about to break out of this accumulation zone. XRP Price To Break Out And Complete 1,200% Rally In an analysis posted on TradingView, crypto analyst Babenski has renewed XRP investors’ hope in the coin, predicting that it is about to break…

Market Expert Says XRP Price Reaching $1,000 Is Inevitable, Here’s Why

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Despite its unimpressive price action, crypto analysts have maintained faith in the XRP price, offering bullish price predictions for the crypto token. This time, crypto analyst BarriC has predicted that XRP’s price reaching four figures will undoubtedly happen.  XRP Price Will Reach $1,000 At Some Point BarriC explained in an X (formerly Twitter) post why he believes XRP will eventually reach $1,000. He mentioned that no one could have envisaged that Bitcoin would hit $73,000 when it was still trading at $330 in 2016. He also made reference to other…

Crypto Analyst Says XRP Price Will Crash 80% To $0.10, What’s The Trigger?

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The XRP price saw some recovery over the weekend, and has continued to maintain some of this bullish momentum. However, it seems experts do not expect the altcoin to continue its bullish trend, with one crypto analyst predicting that the XRP price is headed for a massive crash. XRP Price On The Verge Of An 80% Crash A crypto analyst who goes by the moniker Without Worries on the TradingView website has shared a concerning development for the XRP price. This analysis ,which focuses on the altcoin’s performance over the…

Crypto Analyst Predicts 28,900% Rally To $154 For XRP Price, Here’s When

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Crypto analyst CryptoBull recently highlighted a bullish pattern that could send the XRP price to three figures. However, the analyst failed to give an exact timeline for when this massive rally would occur.  XRP Price To Hit $154 CryptoBull mentioned in an X (formerly Twitter) post that that chart shows that XRP will rise to $154. The analyst highlighted an ascending broadening wedge, which he expects XRP to break out from as it makes this parabolic move to the upside. To confirm his bullish sentiment, CryptoBull also reposted the analysis…

Ripple CTO Addresses Curious Price Link Between XRP And XLM

In an exchange on X, Ripple‘s Chief Technology Officer (CTO), David Schwartz, also known as JoelKatz, responded to queries about the strikingly similar price movements of XRP and Stellar (XLM). This discussion has brought to light not just the intertwined market dynamics of these two major cryptocurrencies but also the complex factors influencing their valuation. Curious Correlation Between XRP And XLM Schwartz candidly addressed a post by Good Morning Crypto, who highlighted a long-term price chart comparison between XRP and XLM since 2014, questioning the “unnatural price symmetry” and the…

Top US Crypto Exchange Coinbase Reestablishes Support for XRP Trading in New York

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Coinbase has reestablished trading support for XRP in the state of New York. The top US crypto exchange by trading volume first suspended XRP trading across the country shortly after the U.S. Securities and Exchange Commission (SEC) kicked off its lawsuit against Ripple in late 2020. The SEC alleged Ripple sold XRP as an unregistered security. That suspension was lifted last July after US District Judge Analisa Torres ruled that the San Francisco payment company’s automated, open-market sales of XRP did not constitute security sales. Coinbase immediately relisted XRP, though…

XRP Primed To Skyrocket Before November

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Crypto analyst JT (@JTheretohelp1) has provided a technical analysis indicating a pivotal movement for XRP before November this year. His analysis, shared on social media platform X, presents a detailed view of the XRP price in the 2-month chart (XRP/USD) constrained within a converging triangular formation, signaling an impending breakout. Why A Decision Looms Before November For XRP JT stated: “Love it or hate it, something BIG is going to happen with XRP before November.” The triangular pattern, outlined by a descending red resistance line and an ascending green support…

Milei Moneda grabs market spotlight amid XRP, Dogwifhat decline

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Milei Moneda gears up for a rally before its Uniswap launch, while XRP remains bearish and Dogwifhat is expected to decline by 27% next week. Amid bearish pressures on XRP and Dogwifhat (WIF), Milei Moneda (MEDA) shines due to its growing popularity in the ongoing presale. Investors seeking alternatives in the downturn are taking notice. Read on to explore how Milei Moneda has shaken up the crypto space. Ripple’s…

XRP Declares War On Uncertainty: Analyst Predicts Breakout

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XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Related Reading Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and Elliott Wave Theory, Defender forecasts a significant price increase for XRP before July. This technical prediction coincides with potential regulatory developments that could reshape the cryptocurrency landscape. 1. The House of Representatives passed landmark #crypto…