XRP

Thanks to a bullish prediction by analyst EGRAG Crypto, XRP is now causing ripples in the crypto market again. He has recently done an analysis that shows the token is approaching a critical juncture. In the short term, prices may increase more than $1.50 if it can surpass the Genuine Wake-Up Line (GWUL). Traders pay attention to the significant resistance levels of XRP since it displays the price pattern of the cryptocurrency. By the first of November in 2024, CoinCodex…

Prominent crypto analysts have made audacious predictions concerning the price of some crypto tokens. Top of the list is ETFSwap (ETFS), which is set to rise to $50 by 2030. Meanwhile, Ripple (XRP) and Cardano (ADA) are expected to reach the $5 mark. ETFSwap (ETFS) Presents Diverse Investment Opportunities Crypto analysts have predicted that the ETFSwap (ETFS) altcoin will rise to $50 by 2030 due to its one-of-a-kind platform that provides investors with 24/7 access to a variety of tokenized…

The potential return of Donald Trump to the presidency could substantially impact the approval of cryptocurrency exchange-traded funds (ETFs), particularly for XRP and Solana. The regulatory environment for these digital assets, which have been criticized for quite some time now, may be more favorable as a result of the Trump administration, according to Bloomberg analyst Eric Balchunas. Trump: Impact On Crypto Trump’s policies have generated considerable speculation regarding their potential impact on the cryptocurrency market. It is possible that the…

Bitwise Asset Management has registered a trust entity in Delaware, potentially signaling plans to file for a spot XRP ETF despite existing regulatory hurdles with the SEC. Bitwise Registers Trust Entity Bitwise Asset Management has taken a significant step toward launching a spot XRP exchange-traded fund (ETF) by registering a trust entity in Delaware. This move, confirmed by the company’s CEO Matthew Hougan, has garnered attention as it could signal the company’s intent to file for an XRP ETF in…

Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world’s largest cryptocurrency is down almost 4% in the past 24 hours following Iran’s attack on Israel. The drop to $60,000 means that BTC has given up almost all the gains made following the Federal Reserve’s announcement of a rate cut.  Almost all major cryptocurrencies, including Solana (SOL), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE),…

Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been down 1.5% and 2.3% over the past week, XRP has been up 4.1% during the same period. Several factors could explain XRP’s counter-trend price action. For example, digital asset manager Grayscale Investments recently launched a…

XRP price extended losses and tested the $0.5785 support level. The price is now attempting a fresh increase and facing hurdles near $0.620. XRP price declined further below the $0.6120 zone. The price is now trading below $0.6250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.6220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6220…

XRP is back in the limelight once again, catching a rising tide of bullish vibes in the cryptocurrency marketplace. The token went steadily up last week but managed to make an even bigger leap over the weekend. This resulted in an increase in its value by a whopping 13%. The price jumped from $0.5889 to $0.6622 and reached a six-month high. Quite a lot of buzz has been seen in the crypto world, and the community feels this rally might…

XRP tests a crucial supply level after days of choppy price action, showing signs of strength as it prepares for a potential breakout. The price has surged approximately 13% since Friday, putting it within striking distance of the key psychological level at $0.65. Reclaiming this level would signal the start of a new bullish cycle and renewed market optimism. Analysts and investors closely watch this price movement, hoping XRP will break above $0.65 in the coming days. With the broader…