XRP

Crypto analyst @Ripple_Effect11 predicts an imminent XRP price crash in a new technical analysis shared via X. His prediction is underpinned by a bearish breakout from a major triangle pattern that has been forming since the $3.84 all-time high on January 4, 2018. The analysis paints a dark picture for XRP in the coming months, with a potential drop to as low as $0.07, contingent on certain technical events. Why The XRP Price Could Crash To $0.07 Elliott Wave Theory,…

XRP price is slowly moving higher from the $0.400 support zone. The price is consolidating and might aim for a decent increase above $0.450. XRP price is attempting a recovery wave above the $0.420 zone. The price is now trading above $0.4250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent…

Crypto analyst Dark Defender has highlighted an important indicator that could cause the XRP price to repeat its legendary price move from 2017. The analyst joins several other analysts who have suggested that XRP could replicate its price gains from that bull run.  How XRP Price Could Replicate 2017 Price Gains Dark Defender claimed in an X (formerly Twitter) post that XRP’s current pattern is identical to the 2014-2017 pattern and will remain so unless the $0.3917 “Point of Control”…

Whale Alert reported 300 million XRP transferred from Binance to an unknown wallet. Another 37.39 million XRP was moved from an unknown wallet to Bitstamp. In the midst of increased attention to Ripple’s ongoing legal action and XRP’s technical moves, whale investors have made substantial efforts to accumulate the seventh-largest cryptocurrency by market cap. According to a tweet from Whale Alert, a whopping 300 million XRP tokens, worth $130.13 million at the time, were transferred from the cryptocurrency exchange Binance…

Dark Defender predicts a significant XRP rally based on historical price movements and technical analysis. The Ichimoku Cloud indicator and RSI trends may confirm XRP’s bullish breakout. After reclaiming a critical support level of $0.40, the XRP price is showing signs of a slow rebound. According to its price structure, the token’s next key goal is to retain its bullish foundation by staying above the $0.425 mark. Today, prominent crypto analyst and trader Dark Defender revealed his technical analysis of…

The post XRP Sees Massive Accumulation Of 300M Coins, Is It Recovering? appeared first on Coinpedia Fintech News With reports of a massive accumulation by a whale, XRP is showing strong signs of recovery.  According to Whale Alert, the whale acquired 300 million coins from Binance, worth $130.13 million. Such significant purchases often signal confidence in a crypto asset with expectations of further price boosts. The whale activity comes amid broader market turmoil, where recent crashes have created buying opportunities…

Wall Street analyst Linda Jones suggests that Ripple could play a role similar to that of the Federal Reserve in a new financial system. Jones believes the BRICS coalition opposes central banks and the dollar’s dominance. Wall Street analyst Linda Jones has proposed that Ripple could function similarly to the Federal Reserve in a reimagined financial system. During a recent episode of the Good Morning podcast, Jones discussed the BRICS coalition’s efforts to break away from the dollar standard and…

The post Ripple vs. SEC: Whale Transfers 37.39 Million XRP Amid Case Settlement Speculations appeared first on Coinpedia Fintech News As the legal battle between the Securities Exchange Commission (SEC) and Ripple is nearing its end, XRP witnessed significant whale movements in the last 24 hours. The transaction also spikes speculation of further activity by XRP Whales. According to the blockchain tracker, WhaleAlert, a large XRP holder transferred a massive 37.39 million XRP tokens to Bitstamp, a popular crypto exchange…

Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark.  The sudden drop in the price of BTC can be attributed to a couple of major factors that have led to panic selling, although Saturday’s rebound indicates strong demand at lower levels.  A Market In Panic  Bitcoin (BTC) has dropped to levels not…