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
Crypto Researcher Reveals Why XRP Price Reaching $1,000 Is Not A Pipe Dream
The XRP price has struggled for the last three years, staying down even when Bitcoin and other altcoins rallied to possible new all-time highs. However, even through this, the XRP community has remained steadfast in their belief that the altcoin’s price will reach new peaks. Forecasts have ranged from reaching $1 to as high as $1,000. The latter has been hotly debated among crypto investors. However, one crypto researcher believes that the XRP price will be able to touch $1,000…
8 months ago
XRP Price Eyes a Restart: Will the Bulls Take Charge Again?
XRP price started a downside correction below the $0.650 level. The price is now trading near the $0.6120 support and might aim for a fresh increase. XRP price started a pullback from the $0.6650 resistance zone. The price is now trading below $0.6450 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.6350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase…
8 months ago
XRP Surges 10% As Whales Participate In $300 Million Buying Spree
On-chain data shows the XRP whales have participated in a significant amount of buying recently, a potential reason behind the asset’s surge. XRP Whales Have Added 470 Million Tokens To Their Supply Recently As explained by analyst Ali Martinez in a new post on X, the XRP whales have expanded their holdings over the last 10 days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which keeps track of the total amount of…
8 months ago
XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs
The XRP recent price movements have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge and breaking out of crucial resistance levels. Driven by its recent bullish momentum, XRP has succeeded in breaking a key bullish pattern, as a result, a crypto analyst has predicted that it could potentially jump 4X to new highs of $2.6. XRP Price Set Sights On Midterm Target At $2.3 After experiencing slow growth and bearish momentum in…
8 months ago
XRP Price Breaks Free: Is a Major Rally Underway?
XRP price gained pace and was able to clear the $0.600 resistance. The price is up over 10% and is now consolidating gains near $0.6450. XRP price started a fresh increase above the $0.600 resistance zone. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if…
8 months ago
XRP To $1,000? Experts Weigh In On Bold Predictions And Market Realities
A recent tweet from Uphold, a digital currency platform, has sparked a flurry of skepticism and exhilaration within the XRP community. The tweet jokingly implied that “XRP just reached $1,000,” which incited a flurry of speculation regarding the feasibility of such a price point. Although some enthusiasts are supporting the concept, numerous critics have promptly dismissed it as unrealistic, citing the substantial market capitalization increase that would be necessary for XRP to achieve that level. At the time of writing,…
8 months ago
Crypto Price Analysis 9-30 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, DOGWIFHAT: WIF, POLKADOT: DOT, RIPPLE: XRP
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets. The overall crypto market capitalization dropped almost 2% to $2.27 trillion, with major cryptocurrencies like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Toncoin…
8 months ago
Could Viral Token Rexas Finance (RXS) Outpace Ripple (XRP) in Market Cap? 3 Reasons Why Analysts Say Yes
Considering the rapid development in the crypto space, it isn’t a walk in the park to pinpoint the next token that will skyrocket. Ever since its establishment, Ripple (XRP) has remained one of the strongholds in the crypto market with a significant market cap and loyal customers. In the recent past, however, Rexas Finance (RXS) has become one of the most recent pet projects of many investors who believe that it will surpass chart-topping Ripple in terms of market capitalization.…
8 months ago
XRP Set To Soar Nearly 900% To $31, Analyst Highlights Key Resistance
XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency’s value. This optimism isn’t just wishful thinking; it’s based on trends seen on XRP’s one-month chart that mirror the cryptocurrency’s rapid success in 2017. As XRP struggles to reclaim prior highs, many traders wonder if this is the beginning of another bull run. EGRAG’s chart analysis shows that XRP almost touched the red rising support line four times. The pattern is similar to the price…
8 months ago