With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent over 30 million transactions to a single one, primarily for inscription-related...
Read More »Top Ripple (XRP) Price Predictions as of Late
TL;DR XRP has stayed stable between $0.51 and $0.54 despite market volatility, with analysts predicting a potential rise due to its low RSI ratio. The upcoming launch of a Ripple stablecoin, a possible XRP ETF, and a settlement in the lawsuit against the US SEC could also drive a price increase. Is XRP Ready to Spike? While the cryptocurrency market experienced substantial volatility in the past few weeks, Ripple’s XRP remained relatively unfazed. Its price has recently...
Read More »The Most Outrageous Ripple (XRP) Price Predictions This Year
TL;DR XRP trades around $0.52, with some analysts predicting potential rises to $5.85, $18.22, and even up to $100, although extreme targets are unlikely. The ongoing lawsuit between Ripple and the SEC significantly affects the asset’s price, with the company’s partial court wins boosting optimism for a potential bull run. The Odds of a Ridiculous XRP Rally Despite a brief price surge above $0.70 in mid-March, Ripple’s XRP has not positioned itself among the best-performing...
Read More »Crypto Price Analysis May-18: ETH, XRP, ADA, SHIB, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum finally woke up this week after testing the support at $2,800 and closed with a 7% price increase. Nevertheless, ETH made a new yearly low against Bitcoin. The resistance is at $3,350 and if this momentum continues, it could be tested by the bulls in the coming days. Ideally, Ethereum will break higher soon and return on an uptrend. Looking ahead, ETH could be...
Read More »7 Reasons Dogecoin (DOGE) Could Flip Ripple’s XRP in 2024
Dogecoin’s total market capitalization was $19.8 billion at the time of writing, with the hash work-powered meme currency trading at $0.145. Meanwhile, Ripple XRP price moved markets at $0.5 per token, and its market cap stood at $27 billion, according to data from CoinMarketCap. The Ripple lawsuit versus the US SEC could be over as soon as this summer, according to one legal expert. That would be the end of an ongoing headwind for XRP and portend a rise in its fortunes. But...
Read More »Ripple (XRP) Price Might Explode Above $6 This Year: Analyst
TL;DR Ripple’s XRP is holding steady at $0.50 despite a broader market upturn. Analysts foresee a potential bull run, with resistance at $0.49 seen as crucial. Future Projections: XRP’s price movement may depend on Bitcoin’s performance, with predictions suggesting it could rise significantly if market conditions are favorable. XRP’s Next Possible Move The cryptocurrency market experienced a resurgence today (May 13), with numerous digital assets entering green territory....
Read More »The Most Important Developments in the Ripple v. SEC Trial: Two Week Recap
TL;DR The legal confrontation between Ripple and the SEC intensifies, with recent filings focusing on whether a key witness’s declaration is standard evidence or unsolicited expert testimony. As both parties await a judicial ruling, speculations arise about a potential settlement this summer. The SEC’s Actions The legal case between Ripple and the US Securities and Exchange Commission (SEC), which dates back to December 2020, has intensified in the past several weeks. One...
Read More »Top Ripple (XRP) Price Predictions as of Late
TL;DR XRP has remained resilient amidst a general market downturn, with analysts predicting substantial future gains. The ongoing Ripple v. SEC lawsuit could significantly influence the asset’s price, depending on the outcome. XRP Future Outlooks The latest correction in the cryptocurrency market, which resulted in multi-month low prices for Bitcoin (BTC), Ethereum (ETH), and many other digital assets, was not so devastating for Ripple’s XRP. Despite briefly plunging below...
Read More »Crypto Price Analysis May-03: ETH, XRP, ADA, SHIB, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking ahead, ETH was quickly rejected at the...
Read More »Are XRP Bulls Gearing up for a Rally Following Reclaim of $0.52? (Ripple Price Analysis)
Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving...
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