Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4. This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels. XRP Analysis By Shayan The Weekly Chart After an extended accumulation phase within the $0.3–$0.9 range, Ripple witnessed intensified buying pressure, triggering a powerful surge. The price soared approximately 490% from the lowest...
Read More »Why Is Ripple’s (XRP) Price Down by 17% Today?
TL:DR; XRP continues to dig new local bottoms as the asset slumped to a multi-day low of under $2 twice in the past 24 hours. This comes just a few days after some analysts speculated that Ripple’s token had already peaked during this cycle. Recall XRP’s massive price surge that started shortly after Donald Trump’s victory in the US presidential elections and intensified when current SEC Chair Gary Gensler said he will depart from his position on January 20, 2025. The...
Read More »Short-Term Pain but Long-Term Rally for Ripple (XRP): Analyst
TL:DR; Ripple’s native token is poised to retrace in the short term, but that could be just the start of another rally that will push it to a new all-time high, said a popular analyst. XRP has cooled off after the recent gains and is actually 10% down on the week. XRP took off a little late after Trump’s decisive win in the US presidential elections, but once it did, it stole the show completely. At one point, its gains had gone above 420% on a monthly scale as the asset...
Read More »Ripple Price Analysis: Can XRP Reach $5 in the Following Months?
Ripple is quickly approaching its all-time high price against the US Dollar while also appreciating against Bitcoin, as XRP investors are finally reaping the rewards for their patience over the last few years. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT-Paired chart’s daily timeframe, it is evident that XRP’s price has been rallying almost vertically, breaking past several resistance levels. As it is approaching its all-time high...
Read More »Ripple Price Eyes $3 as XRP Goes Parabolic: Who Is Behind This Rally?
TL:DR; XRP continues to make the headlines, with another notable surge that pushed its price beyond $2.7 for the first time in almost seven years. On-chain data has attributed this mindblowing monthly rally to whales accumulating the asset, mostly on Coinbase. It almost seems like a repeat now when it comes down to XRP’s price performances in the past month and since Sunday, in particular, but there’s a lot going on around the asset. Recall that just yesterday, Ripple’s...
Read More »Ripple Price Analysis: Can XRP Soar to $2 Soon?
Ripple’s price has been rallying rapidly over the recent weeks, making its way toward a new all-time high. Yet, there are some warning signs that could lead to a correction soon. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has been surging aggressively since breaking above the 200-day moving average, located around the $0.55 mark. Both the $1 and $1.4 levels have also been broken to the upside, with the market approaching the $2...
Read More »Key Ripple Metrics Head North: Is the XRP Price Ready for Another Rally?
TL;DR XRP surged to $1.44 with increased network activity signaling growing interest and potential for further gains. Analysts predict targets of $2 soon and over $4 by Christmas, driven by bullish momentum. XRP’s Resurgence Ripple’s native token has been flying high recently, with its price jumping to a three-year high of $1.60 on November 23. In the following days, it headed south alongside the broader market correction, but the past 24 hours have been more than...
Read More »Calm Before the Storm for XRP? Price Looking to Resume Rally Above $1.6 (Ripple Price Analysis)
Ripple’s recent price action reflects a state of indecision following a rejection at the $1.6 resistance level. The market is currently undergoing a low-volatility consolidation phase, signaling a potential continuation of the corrective stage in the short term. By Shayan The Daily Chart XRP’s impulsive uptrend broke several critical resistance levels, culminating in a significant rally toward the $1.6 resistance zone. This level marked a peak in bullish momentum, leading to...
Read More »$500M in Liquidations as Bitcoin Dumps Below $96K, Ripple Down 10% Daily
After several days of charting new peaks and coming less than $200 away from $100,000, bitcoin’s price has taken a breather and has dropped by over four grand since Friday’s high. Several of the high-flying altcoins on Saturday have reversed their trajectory as well, with XRP, DOGE, and ADA dumping hard from the larger caps. CryptoPotato reported yesterday BTC’s impressive surge that resulted in the asset exceeding $99,800 on most exchanges to chart its latest all-time high....
Read More »Layer-1 Assets Rally as Market Anticipates Trump’s Pro-Crypto Administration: CryptoQuant
The promise of a pro-crypto regulatory environment led by the incoming administration of the United States President Donald Trump has triggered a positive effect among cryptocurrencies, with the native assets of layer-1 blockchains raking in substantial gains. According to a CryptoQuant report, crypto assets like XRP, TRX, Toncoin (TON), SOL, ADA, the native assets of Ripple, Tron Network, The Open Network, Solana, and Cardano, respectively, have witnessed significant rallies...
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