Tag Archives: Ripple (XRP) Price

The decentralized finance ecosystem in XRP, managed by its decentralized network XRP Ledger (XRPL), has progressed after adopting the automated market maker(AMM) functionality. Per a post on X (formerly Twitter) by XRPScan, the first AMM liquidity pools were created just a few minutes after the AMM features went live. Some pools now hold hundreds of millions of tokens, supporting pairs such as XRP/USD and XRP/BTC. AMM is now live on XRPL mainnet! First few pools are rolling...

After a notable surge, Ripple’s price has successfully broken above the upper trendline of a multi-month triangle pattern, indicating a bullish signal. However, the recent retracement suggests a potential pullback to the broken level. By Shayan The Daily Chart A detailed analysis of the daily chart highlights Ripple’s surge as it surpassed a crucial resistance area represented by the dynamic upper boundary of the triangle pattern, reaching a significant resistance level at...

TL;DR XRP sees modest growth but remains a topic of interest, with expectations of a potential rally and increased adoption by exchanges. Other trading venues that have already embraced the asset include Gemini, Coinbase, Kraken, and many more. Despite its brief price surge last week, Ripple’s XRP is still trailing behind the leading cryptocurrencies. It is currently hovering at the $0.60 mark (per CoinGecko’s data), a 9% increase on a monthly scale. However, it remains a...

Ripple’s price has failed to keep its upward momentum and is currently on a decline. Still, there are several support levels that might push the price higher again. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the price has recently made a run at the $0.7 resistance level. Yet, it has been rejected decisively and is currently testing the $0.6 support level once again. In case this level fails to hold, the 200-day moving average located around the...

TL;DR Analysts remain optimistic about XRP’s recovery from its current dip, predicting significant price increases and emphasizing the critical role of the bulls in the near term. The outcome of Ripple’s lawsuit with the SEC is seen as a key factor that could drive XRP’s price to new highs, with some forecasts suggesting a rally towards $5.85. Ripple’s XRP is among the numerous cryptocurrencies whose prices nosedived during the most recent market correction. Currently, the...

TL;DR The upcoming Bitcoin halving event is expected to decrease miner rewards and may boost the cryptocurrency market. Analysts predict XRP could exceed $1 soon, with potential spikes up to $1.40 in April and an eventual all-time high of $5, depending on overcoming key resistance levels. What Needs to Happen? The Bitcoin halving – a major event in the cryptocurrency industry that takes place roughly every four years – is scheduled for April this year. It will cut the...

TL;DR Binance is set to introduce XRP/USDT options trading by the end of the week, aiming to improve trading experiences with competitive pricing. The company also adjusted its offerings by suspending Solana withdrawals, delisting several altcoins, and adding new assets to Binance Loans. The leading cryptocurrency exchange continues implementing amendments on its platform “to enhance users’ trading experience.” According to a recent announcement, Binance will launch XRP/USDT...

TL;DR XRP is on the verge of a significant milestone, hinting at growing adoption and attracting investor interest. Analyst optimism points towards a potential price rally for XRP, with expectations of surpassing a crucial resistance level. Despite not performing as well as other cryptocurrencies, Ripple’s XRP is quite close to blasting through an important milestone. According to XRPL Services, the total amount of XRP tokens held in accounts is just south of the 60 billion...

Ripple’s recent price movement has been marked by extreme volatility, particularly following a breakout above the upper trendline of a sideways triangle pattern, reaching the critical resistance level of $0.66. This indicates a significant struggle between buyers and sellers, which will greatly influence Ripple’s future trajectory. By Shayan The Daily Chart Upon examination of the daily chart, Ripple’s price surge is evident as it breached a crucial resistance area...

TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85. Where Is XRP Headed? Ripple’s XRP has not recorded the same spectacular price ascents as other cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana...