Ripple (XRP)

The crypto market has seen widespread losses over the weekend, with XRP down nearly 5% since Friday. Major coins like Bitcoin and Ethereum are also trading lower as the crypto market turns red overall. But amidst the decline, Bitcoin Minetrix has emerged as a bright spot, hitting the  $820,000 mark during its ongoing presale phase. XRP Slides Below Key Support Level as Selling Pressure Mounts XRP has closed in the red for four days out of the last five – and it looks likely...

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

XRP price started a downside correction below the $0.532 zone against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.535 resistance. XRP price is consolidating near $0.520 against the US Dollar, like Bitcoin. It must stay above the...

TL;DR Ripple (XRP) outperforms Shiba Inu (SHIB) in Google search interest. Shiba Inu gets more social mentions than XRP but receives similar engagement, raising questions about social dynamics around these cryptocurrencies. Ripple v. Shiba Inu: The Search Volume Battle It goes without saying that Ripple (XRP) and Shiba Inu (SHIB) are two of the most electrifying communities in the cryptocurrency field. They are undoubtedly among the most popular altcoins, but it turns out...

TL;DR Ripple’s trial against the SEC in April 2024 is pivotal for XRP’s price. Partnerships with banks like HSBC and macroeconomic factors will impact its valuation. XRP is currently more trending than Bitcoin due to recent legal victories. Could XRP Thrive Next Year? The popular AI-powered language model ChatGPT could not directly answer the question of whether the Ripple community will witness a price surge of XRP in 2024. However, it pinpointed several factors that could...

TL;DR XRP’s price has been volatile due to Ripple’s ongoing legal battle with the SEC, with recent highs around $0.85 and later $0.55. Analysts provide varied future predictions for XRP: EGRAG CRYPTO at $27, Oaksacorn at $43, and Collin Brown at $10 if Ripple pursues an IPO. Shannon Thorp’s extreme forecast suggests a potential rise to $500 for XRP, a significant leap from the industry’s current market capitalization. Some Shocking XRP Forecasts The native token of Ripple –...

To say that the past seven days were eventful would be an understatement. The cryptocurrency market saw a lot of important developments, and its total capitalization now hovers around $1.14 billion. That said, Bitcoin’s price went through a rollercoaster. This time last week, the primary cryptocurrency was trading at around $27,000 (or slightly below it, if we have to be precise). It conquered $27K during the weekend, but it was on Monday when the action started picking up....

TL;DR XRP wallets surpass 4.8 million, driven by Ripple’s recent court victories against the SEC. Ripple and its XRP token gained significant attention following a key court win in July. Despite speculation, Ripple did not announce an IPO or settlement with the SEC at their recent NYC party. Inching Towards 5 Million The total number of XRP wallets has recently surpassed 4.8 million. The latest surge of the figure comes amid another dose of enthusiasm among the Ripple...

TL;DR Analyst EGRAG CRYPTO suggests XRP could reach $27 after Ripple’s legal win and its role in cross-border payments. Investors are advised to be cautious due to potential broader market downturns. Past XRP price predictions from different analysts vary widely, from $1.40 to $500. Much More Bullish After Ripple’s Second Victory The popular cryptocurrency analyst using the X (Twitter) handle EGRAG CRYPTO opined that the latest developments surrounding Ripple could act as a...

Ripple’s price has been showing a slight uptrend, retracing toward the 200-day moving average on the daily chart. However, if the cryptocurrency successfully breaks above the 200-day moving average and the significant resistance zone at $0.55, the market will probably shift into a bullish trend. XRP Analysis By Shayan The Daily Chart Upon analyzing the daily chart, Ripple’s price experienced a notable rejection, leading to a phase of consolidation. It retraced slightly toward...