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
Is This $0.035 AI Coin Ready to Outperform Solana and XRP by 2025?
A tiny AI coin valued at just $0.035 might soon outshine major players like Solana and XRP. This intriguing scenario raises questions about the coin's potential and its growth prospects by 2025. Delving into its technology and market strategy offers a glimpse of a promising future. Discover the AI coin poised for a remarkable rise. CYBRO Presale Achieves $2.9 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges…
8 months ago
XRP Crashes 14% As Whales Send Deposits To Exchanges
The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish winds recently, with the drawdown deepening across the market during the past day. Most of the top coins, though, have managed to limit their losses, except for XRP, which has notably underperformed. The below chart shows how the…
8 months ago
XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?
XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance. XRP price declined further below the $0.5250 zone. The price is now trading below $0.5450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could struggle to recover above the $0.5650 and…
8 months ago
Crypto Analyst Maintains $7.50 XRP Target Despite SEC Appeal Against Ripple
Yesterday, Wednesday, the United States Securities and Exchange Commission (SEC) formally extended the XRP lawsuit against Ripple by filing a Notice of Appeal regarding Judge Torres’s ruling. Following this news, the price of XRP plunged by more than 10%. However, crypto analyst Egrag Crypto (@egragcrypto) maintains that the bullish setup remains unchanged, with a target of $7.50 still in place for this bull run. Why $7.5 Is Still Possible For XRP Price Egrag’s analysis, shared via X, emphasizes resilience in…
8 months ago
Why XRP and ADA Are Poised for 10000% Gains in October – Could Cybro (CYBRO) Be the Next to Surge?
Cryptocurrency enthusiasts are buzzing about the potential for massive gains this October. XRP and ADA are catching eyes for possible explosive growth. Could Cybro (CYBRO) follow suit and become the next breakout star? Dive into the article to find out which digital assets are primed for impressive performance this month. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning potential on the…
8 months ago
Why Experts Recommend $1,000 in Rexas Finance (RXS) Over Solana (SOL) and Ripple (XRP) for the Next Bull Run
As the 2024 crypto bull run approaches, experts are advising investors to look beyond the usual picks like Solana (SOL) and Ripple (XRP). Rexas Finance (RXS), a newer player in the crypto market, is fast gaining momentum due to its unique approach to asset tokenization, particularly in real-world industries like real estate and gold. This ERC-20 token is already making waves, and with its accessible presale and groundbreaking technology, RXS offers significant potential for both seasoned and new investors. Rexas…
8 months ago
XRP Price Turns Red: Can Bulls Stop the Slide?
XRP price extended losses and tested the $0.5240 support level. The price is now consolidating and might struggle to start a fresh increase. XRP price declined further below the $0.5850 zone. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could struggle to recover above the $0.5950 and $0.600 resistance…
8 months ago
Bitwise’s Spot XRP ETF Registration Statement Unveiled, Price Falls 7%
Crypto asset manager Bitwise has made a significant move by submitting an initial registration statement to the US Securities and Exchange Commission (SEC) on Wednesday for its spot XRP ETF. This action confirms the authenticity of its filing on September 30, following widespread speculation regarding the development. XRP ETF Applications Gain Momentum Despite this initial step, the road to approval is fraught with challenges. No XRP ETF is guaranteed to meet the SEC’s regulatory standards. Recent reports indicate that applications…
8 months ago
Ripple XRP Case: SEC Moves To Appeal Court Ruling
In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets. The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined that the XRP token, sold by Ripple Labs on public exchanges, does not qualify as a security under existing laws. SEC Appeals Court Ruling On…
8 months ago