Tag Archives: Ripple (XRP) Price

After experiencing a significant plummet, Ripple broke below its multi-month ascending trendline and retraced toward the breached level, completing a pullback. This price action suggests a bearish sentiment in the market, potentially leading to a continuation of the downward retracement. By Shayan The Daily Chart Upon thoroughly examining the daily chart, it’s apparent that XRP underwent a substantial decline below the multi-month ascending trendline, subsequently moving...

Ripple’s price has yet to show a sign of recovery and is continuing its overall bearish trend. If things are to change, the price should soon begin its recovery, as the market is in a critical area. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has dropped aggressively below the 200-day moving average around the $0.6 level and has yet to climb above. However, the $0.5 support zone has held the price, and the market is consolidating above it. If the...

Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon. Ripple Price Analysis: Technicals By TradingRage The USDT Paired Chart Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6...

TL;DR The number of XRP wallets holding at least 1 million tokens is nearing an all-time high, reflecting increased investor interest despite recent value fluctuations. Ripple’s final trial phase with the SEC and the Bitcoin halving are anticipated to significantly influence the asset’s price movement. XRP Investors on the Move Over the past several months, the price of Ripple’s XRP has been far from its glory days, hovering in the $0.45-$0.70 range. However, many investors...

TL;DR Ripple CEO Brad Garlinghouse emphasized the company’s commitment to global expansion despite regulatory challenges in the US. The firm’s progress may be fueled by a positive outcome of the trial against the United States Securities and Exchange Commission. Ripple’s Roadmap Brad Garlinghouse – Chief Executive Officer of Ripple – recently unveiled the company’s strategy for the near future. He assured that expanding globally remains a top priority while the regulators in...

TL;DR Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity. Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon. ‘XRP Dips For Buying, Not For Crying’ The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion....

TL;DR The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization. The asset’s value growth also depends on market dynamics and adoption by major financial institutions. Waiting for the Judge’s Decision The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final...

The cryptocurrency market kicked off the week with most of the top cryptocurrencies trading on the green, and XRP is among them, exchanging hands at $0.61 at press time. After analyzing the asset’s monthly chart, Dark Defender – a well-known crypto analyst who commonly breaks down the price action of altcoins – concluded that XRP is poised for a significant price increase. He anticipates that it will break out of its current price range and make substantial gains in April,...

TL;DR XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025. The anticipation of Ripple’s trial with the SEC on April 23 adds to the interest in XRP, with speculations that a favorable outcome for the firm could lead to a significant rally in the asset’s price. Ripple’s XRP experienced enhanced volatility in the past few days, rising to $0.64 on April 9 before retracing to its current level of approximately $0.60 (per...

TL;DR Ripple’s XRP ranks seventh in discussion volume, likely due to the anticipation around its legal case with the SEC. The outcome of the lawsuit may significantly influence the entire cryptocurrency market. These Cryptocurrencies Lead the Pack The crypto market intelligence platform – Santiment – outlined the top 10 cryptocurrencies that have received the most attention this week.  Somewhat expectedly, the digital asset sitting at the top position is the largest by...