Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
XRP
XRP Price Holds Support – Indicators Show Risk of Downside Break
XRP price is holding gains above the $0.60 zone. The price could gain bearish momentum if there is a close below the $0.570 support zone. XRP is facing a major hurdle near the $0.6580 zone. The price is now trading below $0.640 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.640 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum…
1 year ago
XRP ETF Premium Expected to Skyrocket 100x to $500: What Investors Need to Know
Top analyst has described what impact a XRP ETF premium will do to the price of the cryptocurrency. XRP ETF is not launched but optimism in its eventual debut is high. Taking to the X platform, Chad Steingraber, a notable XRP community member, has made a bold forecast regarding the future trajectory of XRP in the event of the launch of an Exchange-Traded Fund (ETF). Steingraber’s ETF Speculation Steingraber noted in his post that if XRP could break its all-time…
1 year ago
Ripple (XRP) Bashed by Forbes: Cardano’s Charles Hoskinson Responds
TL;DR Forbes labeled Ripple’s blockchain as ineffective and its token as purely speculative, questioning its utility and market value. Charles Hoskinson and crypto supporters defended Ripple, making jokes with the media company’s report. Forbes Takes Aim at Ripple (XRP) The global media company Forbes recently published a report called “The Rise of Crypto’s Billion Dollar Zombies,” which touched upon numerous cryptocurrency protocols. It paid special attention to Ripple (the company behind the XRP token) and provided detailed information about its…
1 year ago
XRP and Polygon Ran Out of Puff; Is Milei Moneda the Next Big Crypto Craze for Investors?
The post XRP and Polygon Ran Out of Puff; Is Milei Moneda the Next Big Crypto Craze for Investors? appeared first on Coinpedia Fintech News TLDR Traders lose interest in XRP. Polygon’s value drops due to technical issues. $MEDA continues to attract investors. XRP loses steam as its value drops after a recent spike. Likewise, Polygon’s (POL) value remains stagnant due to technical issues with the blockchain sequencer. However, Milei Moneda‘s ($MEDA) presale takes off as many investors hasten to…
1 year ago
XRP ETF Likely to Beat Ethereum in Approval Race: Valkyrie Funds CIO
XRP and Litecoin ETFs are seen as more likely to gain approval over Ethereum ETFs, as indicated by Valkyrie Funds’ CIO. Regulatory outlook and market perspectives favor XRP and Litecoin due to less ambiguity compared to Ethereum. Valkyrie Funds’ Chief Information Officer (CIO) recently engaged in a fireside chat, the insights from which were shared by Fox Business reporter Eleanor Terret. As a leading financial services firm, Valkyrie Funds uniquely merges traditional finance with the dynamic digital asset sector. Stationed…
1 year ago
XRP ETF Premium Primed For Monumental Leap: Eyes Set On $500
XRP enthusiasts are in a frenzy after prominent community figure Chad Steingraber proposed a scenario where an XRP exchange-traded fund (ETF) could trade at a staggering 100x premium. Steingraber, a seasoned game designer, laid out his thoughts in a recent post, igniting discussions about the potential trajectory of an XRP ETF, particularly in light of the ongoing push for institutional adoption of the altcoin. Targeting A $500 XRP ETF Share Price Steingraber’s speculation centers around the price at which an…
1 year ago
Bitcoin (BTC) Volatility, Ripple (XRP) Price Predictions, and More: Bits Recap March 28
TL;DR Bitcoin (BTC) experienced enhanced volatility and currently trades just south of the $70K mark. Despite a 10% drop on a two-week scale, analysts remain bullish on Ripple (XRP), predicting significant future gains influenced by the upcoming Bitcoin halving and the outcome of Ripple’s lawsuit against the SEC. Dogecoin (DOGE) experienced a 30% price increase within a week, coinciding with a significant transfer of over 1 billion DOGE by an unknown whale. BTC’s Price Swings The last few days have…
1 year ago
XRP Price Enters Pre-Bull Rally Phase: Crypto Analyst Reveals Next Target
The XRP price has largely left many of its enthusiasts feeling dissatisfied during this bull cycle, as it has failed to reach the $1 mark despite the bullish sentiment surrounding cryptocurrencies. However, crypto analyst EGRAG CRYPTO believes a $1 XRP price is still possible in this cycle, as he predicted a price surge in the near term. From this analyst’s technical perspective, recent price action has seen XRP forming a “W” pattern, making it ready for a massive push above…
1 year ago
DeeStream (DST) Presale Sparks Bull Run Which Is Predicted to 50X Capital for Bitcoin (BTC) & Ripple (XRP) Investors Who Buy In Early
The Bitcoin (BTC) halving event is in less than a month. According to some crypto market analysts, this event may have had a big influence on Bitcoin’s (BTC) March surges. Currently, holders of Bitcoin (BTC) and other notable coins like Ripple (XRP) are bracing themselves for the impact. While they anticipate drastic market changes, several Bitcoin (BTC) and Ripple (XRP) holders are investing massively in DeeStream (DST). These Bitcoin (BTC) and Ripple (XRP) holders see the streaming platform as the…
1 year ago