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…
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XRPXRP Featured In Grayscale’s Weekly Spotlight Of Prominent Cryptos
The post XRP Featured In Grayscale’s Weekly Spotlight Of Prominent Cryptos appeared first on Coinpedia Fintech News Grayscale shared a weekly spotlight of the most prominent crypto assets in the market, highlighting their price performances. XRP was featured in the highlight reel which stood alongside industry giants with its market cap of $25 billion. The biggest loser for the week was Dogecoin, whose value collapsed by 9%. Toncoin tanked by 8.3% during the same time frame. XRP, Ethereum, and Binance…
11 months ago
Ripple XRP and ICP Get New CME Group Crypto Indices for Daily Settlement Prices
CME Group and CF Benchmarks launch new crypto indices for Internet Computer and XRP. New indices provide daily settlement prices and real-time updates every second. CME Group recently announced plans to introduce two new cryptocurrency reference prices and real-time indices for Internet Computer (ICP) and XRP. These indices, developed in collaboration with CF Benchmarks, aim to improve transparency and stability in cryptocurrency pricing. They will be available on July 29, 2024. CME Group Adds New Indices for XRP and ICP …
11 months ago
XRP Price Prediction: Indicators Are Screaming a Repeat of the Explosive 2017 Rally; $3 Coming Soon?
The post XRP Price Prediction: Indicators Are Screaming a Repeat of the Explosive 2017 Rally; $3 Coming Soon? appeared first on Coinpedia Fintech News Despite XRP’s beaten-down price against Bitcoin, indicators like the Relative Strength Index suggest a major bullish run may be forthcoming. According to analyst Moon Lambo, historical metrics predict a bull run when XRP’s metrics align as they currently do. The analyst also stressed the importance of traditional markets, such as equities, in influencing the performance of…
11 months ago
XRP Price Shows Increased Strength: Can It Sustain The Recovery?
XRP price extended its increase above the $0.440 resistance zone. The price is showing positive signs and might rise further above the $0.4550 resistance level. XRP price is attempting a recovery wave above the $0.4400 zone. The price is now trading above $0.440 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.4390 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gains if there…
11 months ago
Analyst Predicts Major Gains for These Altcoins But Warn Against XRP and ADA
Amid the recent downturn in the global crypto market, a recent Crypto Banter Dylan’s Trading Show session has caught the eye with some bold claims regarding what comes next for Solana and Ethereum and some negative sentiment on XRP and ADA. Over the past years, crypto analysts in the industry have been discovering and analyzing patterns in the market because this could help them predict future directions. So far, a decrease in Bitcoin‘s dominance is considered good for altcoins. According…
11 months ago
Ripple CEO Slams SEC! Will XRP Skyrocket Post U.S. Elections?
The post Ripple CEO Slams SEC! Will XRP Skyrocket Post U.S. Elections? appeared first on Coinpedia Fintech News Ripple’s CEO, Brad Garlinghouse, recently took a strong stance at a crucial crypto roundtable. Ro Khanna the Democratic Congressman held a meeting that aimed to discuss the future of cryptocurrency regulations in the U.S. This meeting was organized on wednesday. This roundtable conference was attended by Mark Cuban, Paul Grewal from Coinbase and Dante Disparte from Circle. Along with these key political…
11 months ago
XRP Set To Skyrocket 60,000% On Tightest Bollinger Bands Ever: Analyst
In an analysis shared via X and YouTube, crypto analyst Matt “The Great Mattsby” Hughes highlighted what could be a historic move for the XRP price, based on the Bollinger Bands indicator. Hughes points to an impending squeeze in XRP’s monthly Bollinger Bands, suggesting a potential spike similar to previous rallies where the cryptocurrency saw massive gains. Hughes explained via X: “XRP has one of the tightest monthly Bollinger Band squeezes in its history and in all of crypto right…
11 months ago
Pro Trader Predicts XRP Price Surge: Could Hit $250 by 2028
Pro Trader The Great Mattsby predicts XRP could surge by approximately 60,000% by 2028. The Great Mattsby relies on Gann Theory and Bollinger Bands for his bullish XRP analysis. Based on technical analysis, the price of XRP is once again trending positively. The forecast this time comes from The Great Mattsby, a professional trader and chartist. In two interconnected tweets, Mattsby sees a technical chance for the price of XRP to rise by nearly 60,000%, perhaps reaching $250 per coin…
11 months ago
XRP Price Poised for a Bullish Path Unless This Support Paves Way
XRP price shows positive signs above the $0.4250 support zone. The price could gain bullish momentum if there is a move above the $0.4450 and $0.450 resistance levels. XRP price is attempting a recovery wave above the $0.4250 zone. The price is now trading above $0.4320 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.4350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish…
11 months ago