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Tag Archives: Ripple (XRP) Price

Ripple, Solana, Shiba Inu, or Bitcoin: Crypto Assets to Watch in 2024, According to ChatGPT Rival

2023 is at its end and can be easily categorized as a positive year for the cryptocurrency sector, especially its end. Many digital assets recorded triple- and even quadruple-digit gains, which leads to the question of what could happen in the next 12 months. According to a popular AI chatbot – Perplexity – several altcoins, alongside Bitcoin, stand out as the ones to watch in 2024. Will 2024 Be the Year of Bitcoin? As reported earlier, the primary cryptocurrency outperformed...

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Ripple (XRP) vs. Cardano (ADA): Which One Will Reach $1 First?

These two blue chip, large-cap, top-ten cryptocurrencies may not seem to have much in common. But they settled into a similar price range in December, according to market data from CoinGecko. In the first two weeks in December, after XRP price found support around the $0.60 level in late November, ADA tokens rocketed up from key support at the $0.35 handle to settle in at that same $0.60 support level. These two altcoins each recently scored a Binance listing with USDC as a...

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Upcoming Ripple (XRP) Price Volatility? Important Legal Dates in Ripple v. SEC Lawsuit in 2024

XRP performed fantastically in 2023, with 87% YTD gains the final week in December and an eye on $1 in 2024. That’s impressive, given Ripple’s legal woes with the SEC lawsuit since 2020. In December, XRP’s price continues to trade with support at $0.62 and a descending line of resistance from $0.72 on Nov. 6 to $0.67 on Dec. 8 to $0.65 on Dec. 25. In any case, it’s important to look at some of the key dates that are approaching in Ripple’s lawsuit that may serve as a catalyst...

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The Most Outrageous Ripple (XRP) Price Predictions Recently

TL;DR XRP, Ripple’s native token, has been the focus of various optimistic price predictions by different analysts and traders. These forecasts include significant potential price increases, with some experts envisioning extremely high values for XRP in the future. Discussions about XRP’s future price also involve considerations of broader financial and geopolitical factors, as well as regulatory frameworks like Basel III. Some Wild Ripple (XRP) Targets Ripple’s native token...

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XRP on the Verge of a Major Breakout, but in Which Direction? (Ripple Price Analysis)

Ripple’s price has been consolidating against USDT during the past few weeks while remaining clearly bearish against BTC. Analyzing both pairs might provide clues on the future price trend. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Chart Against USDT, the price has been trapped inside a triangle pattern since November and is yet to break out. While the $0.6 support level has been providing support and preventing a more profound decline, the price has...

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XRP Conitnues Consolidation as Major Move Seems Imminent, but Which Way? (Ripple Price Analysis)

Ripple continues to navigate its consolidation phase, as observed by the price oscillating within a pivotal range, forming a sideways wedge pattern. Notably, XRP encounters a robust support zone, identified by the convergence of the 100 and 200-day moving averages, along with the lower boundary of the wedge. This convergence holds the potential to impede any downward movements. By Shayan Ripple Price Analysis: The Daily Chart The ongoing consolidation has expanded around a...

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Two Possible Scenarios for XRP Going Into This Week (Ripple Price Analysis)

Ripple has entered a consolidation stage, with the price slightly decreasing towards a significant support area encompassing the 100-day and 200-day moving averages. This support zone is anticipated to impede further downward trends, propelling the price towards higher levels. By Shayan The Daily Chart Upon closer examination of the daily chart, it is evident that Ripple’s consolidation phase has extended, characterized by low volatility and a gradual decline toward a...

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Bitcoin Ends 11-Week Winning Streak With $33M Outflows While Altcoins Buck Trend: CoinShares

Digital assets investment products ended their 11-week streak of positive cash flows with withdrawals amounting to $16 million. However, trading activity remained significantly higher than the yearly average, reaching $3.6 billion for the week, in contrast to the year-to-date average of $1.6 billion. Bitcoin was the worst hit, witnessing outflows of $33 million last week, while short-bitcoin also experienced minor outflows amounting to $0.3 million. Contrary to the overall...

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Is the Ripple (XRP) Price in Danger? Closer Look at an Important Metric

Ripple dominance, the measure of XRP’s market share by market capitalization in the competitive cryptocurrency segment, is flashing a warning signal this year. XRP Dominance Trends Lower XRP dominance is down 3.63% for the week, 18.83% over the past month, and 10.63% over the past six months. On the one-year window, Ripple’s percentage market share of all cryptocurrencies is down 11%. On the five-year window, it’s down 82%. Its peers on the market cap chart are faring...

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Ripple (XRP) Opportunity of a Lifetime According to Fmr. Goldman Sachs Exec Raoul Pal

Long-term XRP investors have shown remarkable patience and resilience as the SEC lawsuit winds down. After a string of victories against most of the SEC’s charges this year, Ripple Labs is still battling the regulator over how much of a financial penalty it should have to pay. Fmr. Goldman Head’s Lifetime Opportunity: XRP Real Vision CEO Raoul Pal told CryptoLaw founder and Ripple amicus brief lawyer John Deaton in a recent interview that he bought XRP after the Securities...

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