Tag Archives: Ripple (XRP) Price

TL;DR Dark Defender’s XRP Prediction: Analyst Dark Defender predicts XRP’s short-term target could be between $1.05 and $1.88, based on a “cup & handle pattern” in the daily timeframe, but warns of the need for the token to maintain a primary support level. XRP’s Current Market Position: XRP is currently trading at around $0.61, experiencing an 11% decrease over the past two weeks. EGRAG CRYPTO’s ‘Mega Pump’ Forecast: Another analyst, EGRAG CRYPTO, suggests XRP could see...

XRP token prices pared back profits the week ending Sat, Nov 18. After a wild mid-October run-up from $0.49 to $0.72, XRP fell to $0.61 by Sunday morning Tokyo time. Meanwhile, the notorious XRP case attorney John Deaton took to X to remind readers that “XRP is a utility token at its core.” Amicus Lawyer for Ripple Lawsuit Outlines Victory The thing that drove me nuts was that a few career securities lawyers would argue XRP is a security. I would always counter with...

TL;DR Binance Delists Russian Pairs: Binance will remove 15 Russian ruble trading pairs, including ADA/RUB, SOL/RUB, and XRP/RUB, due to security concerns and low liquidity, aligning with their strategy to exit the Russian market. Strategic Shift: The exchange’s move reflects a compliance-focused strategy, as stated by Chief Compliance Officer Noah Perlman, emphasizing a shift away from Russian operations to focus on other global markets. Cryptocurrency Price Impact: The...

TL;DR XRP’s Price Fluctuation: Ripple’s XRP has seen price fluctuations between $0.61 and $0.70, leading to various expert predictions. Analysts’ Predictions for XRP: Analyst Dark Defender predicts a more than 30% increase in XRP’s price to reach $0.87 by the end of the week, while EGRAG CRYPTO suggests a potential rise to $1.40 by the end of 2023, contingent on overcoming major resistance levels. “God Candle” Forecast: Analyst Tony “The Bull” speculates that XRP might form a...

TL;DR Uphold’s XRP Giveaway Winner: Uphold, a New York-based cryptocurrency exchange, awarded 20,000 XRP to Oregon resident Daniel Z. and plans to give away 50,000 XRP in November, increasing from an initial 10,000 XRP after partnering with Ripple. November Sweepstakes Mechanics: Participants in Uphold’s November sweepstakes can win 50,000 XRP by making trades, with each $20 trade providing an entry. XRP Price Outlook: Analysts predict a rise in XRP’s price, with potential...

The price of XRP soared from $0.65 to $0.73 on Monday following news that asset management giant BlackRock had registered the iShares XRP Trust in Delaware. However, later reports confirmed that the supposed registration was fake news, taking XRP’s price back down to $0.65. According to the state of Delaware’s website, there is an entity registered under file number 2619091 going by the name of “iShares XRP Trust.” While the filing appears to be under the name of a BlackRock...

TL;DR Stay Vigilant for This Ripple (XRP) Fraud Numerous X (Twitter) users have recently rung the alarm bell regarding a scam that targets XRP holders, with one of them being the blockchain analyst Crypto Eri. They posted a video on the social media depicting how Ripple’s CEO – Brad Garlinghouse – urges people to send between 1,000 and 5,000 XRP to a mysterious address and later receive double the amount they have transferred. However, the video seems to be created by...

TL;DR Price Correlation Evidence: Recent data shows a high correlation coefficient (0.84) between Bitcoin and Ripple prices, suggesting a closer relationship than previously thought, especially compared to the negative correlation between Bitcoin and stock prices. Trading Volumes Indicate Overlap: High daily trading volumes for the XRP-BTC pair on major exchanges like Bitstamp and Binance demonstrate significant overlapping interest among investors in both cryptocurrencies....

TL;DR BlackRock’s Cryptocurrency ETFs: Filed for a Bitcoin ETF and showed interest in an Ethereum ETF in 2023, impacting market prices, especially for Ethereum. Market Response: Significant price surge in cryptocurrencies due to BlackRock’s strong track record in ETF application approvals. XRP ETF Speculation: No current filing for an XRP ETF by BlackRock, with the decision possibly influenced by Ripple’s ongoing legal issues with the SEC. BlackRock is the world’s largest...

TL;DR Ripple’s XRP has seen a recent price increase, leading to a positive shift in investor sentiment, with over $355 million in futures and 91% of traders taking long positions on Bitrue. Analysts provide varied forecasts, with predictions of a continued uptrend with potential to reach $1.05 if it maintains above the $0.66 level, while others speculate a surge to $14 in the near term. Outlier predictions include a highly skeptical claim of XRP reaching $500 in the coming...