Ripple (XRP)

Crypto enthusiasts are buzzing with anticipation as XRP seems to approach its third bullish golden cross in history. A golden cross is often used when shorter moving averages surpass or cross long-term moving averages, indicating movement from bearish to bullish. Popular analyst Egrag Crypto on Twitter recently mentioned that the XRP community should prepare for the incoming bullish cross. Egrag’s analysis indicates that every time the 21 weekly EM and 100 weekly EMA create a...

CoinspeakerXRP Relinquishes Post-SEC Victory Gains as Bears Prevail Amidst the legal battle and regulatory scrutiny, July 2023 witnessed a seismic shift in the narrative surrounding the case. XRP Relinquishes Post-SEC Victory Gains as Bears Prevail

XRP and SHIB whales are inducing ripples in the crypto market, with massive new token purchases igniting speculations of potential price actions in these assets. Data from Whale Alerts reveals a string of significant transactions involving trillions of SHIB moving between wallets. On Aug. 21, an investor and holder of wallet 0xc684d6c5 purchased 4,653,778,173,637 SHIB worth $36,797,424 from a Bitvavo sender. Later, wallet 0xc684d6c5 sent about 4,639,778,173,637 SHIB valued at...

Despite Ripple scoring a win in the ongoing lawsuit with the US Securities and Exchange Commission (SEC), some members of the community believe the legal battle caused damages for the firm and its native token. According to lawyer and founder of CryptoLaw, John Deaton, who also represents thousands of XRP holders, the SEC lawsuit affected potential mass adoption of XRP in the last three years. Counting the Losses John Deaton took to X (formerly Twitter) on August 22 to detail...

XRP ($XRP) continues to face instability, sliding dangerously close to the $0.50 mark and eliciting concern among investors. Confidence in $XRP is waning, meaning many are opting to seek out stable alternatives with clearer price prospects. Among the emerging options, Launchpad XYZ ($LPX), a groundbreaking Web3 platform, is drawing attention as a promising and innovative solution, which some believe could outshine $XRP in the coming months. Uncertainty & Technical Hurdles...

Ripple price is facing resistance near the $0.580 level against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.580 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.565 and $0.580. Ripple price is struggling below $0.580 against the US Dollar, unlike Bitcoin. XRP price must...

Despite recovering a few hundred dollars since yesterday, bitcoin’s price is still shaky at around $26,000. Most alts have finally turned green, albeit in a very modest fashion, with XRP maintaining the $0.5 line. BTC Shaky at $26K After last week’s uneventful price performance, BTC headed north on Monday and touched $29,700. This came a day before Europe saw the first spot BTC ETF going live on Euronext Amsterdam. While that seems to be bullish news on the surface, the...

Bitcoin’s troubles continue as the asset has returned below $26,000 after exceeding that level yesterday following the price flash crash. Most altcoins have also seen daily declines, with ETH and BNB dropping by 1.5% once more. BTC Still Below $26K The primary cryptocurrency was stuck in a tight range between $29,200 and $29,500 for a week until a few days ago. It tried to break out toward $30,000 on Monday but was stopped in its tracks, and the subsequent rejection pushed it...

The U.S. Securities and Exchange Commission (SEC) has filed a motion requesting permission to appeal a federal court ruling last month claiming that secondary sales of Ripple’s XRP token are not securities. The agency argued that there are still “substantial grounds for difference of opinion” regarding how securities laws apply to crypto, making frequent reference to a similar case involving Terraform Labs where the judge ruled differently. Ripple Case Not Over? The motion,...

The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 24 hours alone, bringing its total losses to above 11% for the week. The crash also led to a massive wave of liquidations worth over $1 billion in terms of leveraged positions. The volatility wiped off both short and long open interest, and the market is left crumbling. BTC is far...