Earlier this year, the SEC’s crusade against cryptocurrencies seemed to be coming to a head after Judge Analisa Torres sided mostly in favor of Ripple, who ruled that XRP is, broadly speaking, not a security and that its purchase could only be considered an investment contract in certain circumstances. The two parties, however, are still duking it out, with a final decision expected in early 2024. Terraform Labs Attempted to Capitalize on Ripple’s Headwinds Given the success...
Read More »XRP on the Verge of a Major Breakout, but in Which Direction? (Ripple Price Analysis)
Ripple’s price has been consolidating against USDT during the past few weeks while remaining clearly bearish against BTC. Analyzing both pairs might provide clues on the future price trend. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Chart Against USDT, the price has been trapped inside a triangle pattern since November and is yet to break out. While the $0.6 support level has been providing support and preventing a more profound decline, the price has...
Read More »Solana Overtakes Ethereum in Google Search Interest
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum. In 2023, searches on Google for “Solana” surpassed those for “Ethereum” for the first time since the launch of both cryptocurrencies in 2020 and 2015, respectively. The move comes after the digital asset flipped XRP as the fifth largest crypto in the world, according to market...
Read More »Litecoin (LTC) Price Analysis: Bulls Could Gain Strength Above This Hurdle
Litecoin is gaining pace above the $73.50 resistance against the US Dollar. LTC price is now trading above $74.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $76.80 and $78.00 resistance levels. Litecoin price is recovering from the $72.00 zone against the US Dollar,...
Read More »XRP Price Pumps: Will Ripple Reclaim Market Cap Rank From Solana?
XRP tokens, the native cryptocurrency for the cross-border Ripple Labs network, have traded sideways in a narrow band with support around $0.62 since mid-November. At the same time, SOL used the opportunity, surged by an impressive percentage, and surpassed XRP in terms of market cap ranking. Ripple’s Turn Next After Solana? But the XRP price tested at $0.68 once on Friday, Dec. 8, before falling back to support lines, and resistance was again tested at $0.64 on Christmas...
Read More »XRP Conitnues Consolidation as Major Move Seems Imminent, but Which Way? (Ripple Price Analysis)
Ripple continues to navigate its consolidation phase, as observed by the price oscillating within a pivotal range, forming a sideways wedge pattern. Notably, XRP encounters a robust support zone, identified by the convergence of the 100 and 200-day moving averages, along with the lower boundary of the wedge. This convergence holds the potential to impede any downward movements. By Shayan Ripple Price Analysis: The Daily Chart The ongoing consolidation has expanded around a...
Read More »XRP Price Analysis: XRP Faces Uphill Task Near $0.65
XRP price started a fresh decline from the $0.630 resistance against the US dollar. The price is now trading below $0.622 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.620 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.598 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...
Read More »Ripple: Wird 2024 das Jahr von XRP?
Das Jahr 2023 neigt sich dem Ende zu, und viele Investoren und Krypto-Enthusiasten richten ihren Blick auf das kommende Jahr, insbesondere auf Ripple und seine Kryptowährung XRP. Ripple hat in der Krypto-Welt aufgrund seiner einzigartigen Technologie und Partnerschaften mit Finanzinstitutionen stets für Aufsehen gesorgt. Doch wird 2024 das Jahr von XRP sein? In diesem Artikel werfen wir einen Blick auf die möglichen Szenarien. Technologische Innovationen und Partnerschaften Ripple hat sich...
Read More »Crypto Educator Predicts 1,500% Rally For Ripple, Is Meme Moguls Next?
A crypto educator with a large following on X (formerly Twitter) has forecasted a 1,500% price surge for Ripple. Meanwhile, the presale DeFi token, Meme Moguls, is also seeing increased interest from investors in its presale. Crypto Educator Predicts Ripple (XRP) To Skyrocket 1,500% Ripple’s (XRP) price movement has been poor recently. Still, experts have maintained a bullish outlook, sharing upward price predictions. One such voice is CryptoInsightUK, who is known for its...
Read More »Solana Soars Past $100 With 17% Surge, Bitcoin Sluggish Beneath $44K (Weekend Watch)
Bitcoin came close to $44,000 hours ago, but it was rejected there and pushed south by about $500. Most altcoins trade quietly on Christmas Eve, but Solana has gone on a tear once again and has definitively surpassed BNB as the fourth-largest cryptocurrency. SOL Becomes 4th It’s safe to say that Solana’s native token has been at the forefront of the recent price rally among the altcoins. The past week alone brought a 55% surge for SOL. On a daily scale, the asset is up by...
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