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 to Explode 1700% in 10 Day If THIS Happens, Predicts Expert
The post XRP Price to Explode 1700% in 10 Day If THIS Happens, Predicts Expert appeared first on Coinpedia Fintech News Can XRP defy the odds and surge 1700% in just a week? Ripple (XRP), currently the sixth-largest cryptocurrency by market capitalization, is aiming to break through the $1 mark again despite facing legal uncertainties in the unpredictable crypto market. Today, XRP saw a moderate increase of 1.91%, closing at $0.4985, in a session marked by tight trading conditions. Despite…
12 months ago
SEC Drama Fuels XRP Rally: Open Interest Skyrockets
The cryptocurrency XRP is making waves as open interest (OI) for the token experiences a dramatic rise. This surge in investor positioning coincides with the ongoing legal battle between Ripple Labs, the company behind XRP, and the US Securities and Exchange Commission (SEC). Bullish Bets On The Horizon Cryptocurrency analysis platform CryptoQuant detected a significant increase in XRP’s open interest, indicating a growing number of investors entering positions. This trend suggests a bullish sentiment, with investors betting on a potential…
12 months ago
XRP Price Stuck In Tiny Trading Range: Consolidation Phase Continues
XRP price is struggling to start a steady increase above $0.50. The price must settle above $0.50 and $0.510 to gain bullish momentum in the near term. XRP price started a minor upward move from the $0.4765 zone. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with resistance at $0.500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a decent…
12 months ago
Analyst Says XRP Price Is Long Overdue For Bullish Wave, Here’s The Target
The XRP price has struggled in the market over the past year and has failed to reach a new all-time high even after securing partial victories against the US Securities and Exchange Commission (SEC). However, this lackluster price action has not deterred investors, who continue to believe in the long-term potential of the altcoin. One crypto analyst, in particular, expects the coin price to see another bullish wave that could push it toward the $1 price target. XRP Price Ready…
12 months ago
XRP, PEPE and NOT Gain Over The Weekend But Rollblock (RBLK) Looks Set To Lead The Week Ahead
Ripple (XRP), Pepe (PEPE) and Notcoin (NOT) have all displayed bullishness on the charts, and at this rate have the potential to reach new heights. However, despite their overall appeal and major run, showcasing green on-chart metrics all-around, all of the eyes are now on Rollblock (RBLK) as it’s set to lead the week ahead and experience a 50% uptrend. To see which is the best cryptocurrency to buy today, we will go over the on-chart metrics. Notcoin Surpasses 11.5…
12 months ago
SEC Halts Ethereum Lawsuit, XRP Community Outraged
XRP community criticizes SEC for unequal treatment compared to Ethereum. SEC’s suspension of Ethereum lawsuit sparks debate over crypto regulation fairness. The US Securities and Exchange Commission (SEC) chose to put on hold its lawsuit contesting Ethereum’s security status just before the spot Ethereum ETF’s approval. The SEC is also closed investigation into Ethereum 2.0, as previously reported by ETHNews. The XRP community, which has openly blasted the SEC for its biassed approach, has not been pleased with the outcome,…
12 months ago
Will XRP Whales Continue Buying the Dip? Raboo Boom Causes Arbitrum Investors To Get Excited!
XRP whales were in the crypto news recently for going all out to buy the dip. While it’s still to be seen whether the move is a masterstroke or a tragic error (especially considering Ripple‘s on-chain activity), a new market favorite, Raboo ($RABT), is winning investors over–not with a ‘dip for future boom’ promise, but with a SociaFi innovation and presale profits. Interestingly, even Arbitrum (ARB) investors have joined the Raboo train to boost their portfolio with its presale gains. …
12 months ago
Ripple (XRP) Range-Bound Struggle: Will It Break Free?
XRP price is struggling to gain bullish momentum above $0.50. The price must settle above $0.50 and $0.520 to start a steady increase in the near term. XRP price extended losses before it found support near the $0.4765 zone. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start…
12 months ago
Bitcoin and XRP Set to Explode? SEC’s Head of Crypto Asset Unit David Hirsch Departs After Nine Years
Long-term SEC official David Hirsch has announced his departure from the markets regulator. Known for his high-profile cases, Hirsch’s departure might stir relief that will fuel BTC and XRP’s growth. David Hirsch, who headed the United States Securities and Exchange Commission’s (SEC) Crypto Asset and Cyber Unit within the Division of Enforcement, has resigned after nearly nine years of service. According to his post on LinkedIn, his departure marks a significant change within the regulatory agency. Hirsch played a crucial…
12 months ago