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 Bulls Flex Muscles: Potential Uptrend in Play?
XRP price dipped but the bulls were active near the $0.4700 support. The price reclaimed the 100-hourly SMA and might continue to rise if it clears $0.4950. XRP price found support at $0.4700 and started a recovery wave. The price is now trading above $0.4800 and the 100-hourly Simple Moving Average. There was a break below a major bullish trend line with support at $0.4915 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could…
1 year ago
SEC vs. Ripple: XRP Price Reaction and Settlement Outlook
Last week, Ripple invoked the Terraform ruling to cut down on the penalty demands from the SEC, with the agency proposing a new fine of $102 million, which Ripple wants reduced to $10 million. The XRP price has rebounded in the past week and, with a 5% gain in the past day, was the only top ten crypto in the green as most coins get off to a bad start to the new week. XRP has kicked off the week…
1 year ago
Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch
A crypto analyst has revealed a timeframe for XRP, the native token of the XRP Ledger (XRPL) to witness a substantial 102,590% rally. If this price surge occurs, XRP’s current modest value could skyrocket to an impressive $500 during this bullish cycle, albeit under certain conditions. Analyst Foresees XRP Surging By 102,590% In an X (formerly Twitter) post, on June 10, a crypto analyst identified as ‘Egrag Crypto,’ shared a detailed price chart depicting when XRP will surge to new…
1 year ago
Ripple Price Prediction: Buying XRP Before $1, Is It Worth The Risk?
The post Ripple Price Prediction: Buying XRP Before $1, Is It Worth The Risk? appeared first on Coinpedia Fintech News TLDR Ripple could have a bullish reversal and surpass the $1 mark. Rebel Satoshi Arcade sees massive progress in its presale phase with over 532 million tokens. Rebel Satoshi Arcade promises a huge return with its gaming platform and upcoming NFT collection. The cryptocurrency market has been very volatile lately, and Ripple’s (XRP) price action has struggled to stick with…
1 year ago
Is Ripple’s XRP Gearing Up for a Big Price Breakout?
XRP forms a symmetrical triangle, suggesting an imminent breakout. Recent whale activity and volume trends signal potential price movements. A symmetrical triangle pattern that may break out is formed while closely observing the price movement of Ripple (XRP). With converging trendlines, this pattern suggests a time when the forces of buyers and sellers balance out in anticipation of a potential price increase or fall in XRP. XRP Price and Market Sentiment CoinMarketCap data show that the price of XRP is…
1 year ago
31 Million XRP Dumped in Whale Move, Price Stays Steady
XRP whale offloads 31 million coins, causing market concerns. The SEC seeks $102.6 million from Ripple after a letter from Terraform Labs, adding layers to XRP’s regulatory challenges. The recent spike in whale activity in XRP, the cryptocurrency that Ripple supports, has investors worried. Within the previous day, a whale offloaded almost 31 million XRP tokens to centralized exchanges. This move has created doubts regarding the asset’s future price behavior in the middle of a recent price recovery. Whale Activity…
1 year ago
XRP Poised for a Comeback as Bullish Wedge Forms on Chart
XRP market indicators and metrics have pointed to a trend reversal with a possible price rally in the coming days. Market experts argue that XRP is not out to replace the U.S. Dollar but to revolutionize the value transmission system. After taking a massive dip in April, XRP is preparing for a bull rally after a prolonged period of consolidation. XRP market indicators and metrics point to a bearish reversal after a rebound from critical support positions over the weekend.…
1 year ago
XRP Price Recovers Past 100 SMA: Bullish Indicators Ahead?
XRP price started a decent recovery wave above $0.4850. The price reclaimed the 100-hourly SMA and might aim for more upsides. XRP price found support at $0.4600 and started a recovery wave. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.4860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise unless it fails…
1 year ago
Ripple vs SEC: US SEC Pushes for $102M Settlement with Ripple as XRP Lawsuit Nears Conclusion
The post Ripple vs SEC: US SEC Pushes for $102M Settlement with Ripple as XRP Lawsuit Nears Conclusion appeared first on Coinpedia Fintech News After more than three years of legal dispute over XRP sales between the United States Securities and Exchange Commission (SEC) and Ripple Labs, the case has reached the final phase. Following the notable change in cryptocurrency oversight by the United States government amid approaching elections, the U.S. SEC has advocated for a settlement with Ripple. Moreover,…
1 year ago