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 Retreats Below $0.4840, Faces Risk of Further Losses
XRP price has retracted, with key support positions being tested and a high risk of further losses if bulls do not defend these positions. The Ripple v. SEC case is crucial to the short-term to long-term price trend as experts anticipate a conclusion in the coming months. Ripple’s XRP has come under immense pressure this week as the wider market faces heightened volatility. XRP investors are now closely watching prices as they approach key support positions. The recent negative price…
1 year ago
Bitcoin, Ethereum, And XRP Price Prediction: Is The Bull Rally Over?
The post Bitcoin, Ethereum, And XRP Price Prediction: Is The Bull Rally Over? appeared first on Coinpedia Fintech News The crypto market continues to record significant price volatility, highlighting increased price action in the crypto space. However, top tokens display a negative influence, indicating a rising disinterest of investors in it. Moreover, elite cryptocurrencies such as Bitcoin, Ethereum, and Ripple fail to hold their respective price above their important support levels. This escalated the concerns of investors about their investments…
1 year ago
BRICS Plans Gold-Backed Currency Launch by September: Potential Boost for Bitcoin and XRP
Saudi Arabia will sell oil in local currencies, moving away from the US dollar after 50 years. The decision could drive Bitcoin and XRP prices to new highs, impacting global financial markets. In a recent announcement, Saudi Arabia said it would cease using the US dollar for oil transactions, ending a 50-year contract with the United States. This expiration could pave the way for Saudi Arabia to start selling its oil in currencies other than the US dollar, including those…
1 year ago
XRP Whale Goes On Shopping Spree: 27 Million Coins Snapped Up As Price Dips
A recent buying spree by a deep-pocketed XRP investor has sent ripples (pun intended) through the cryptocurrency community. This whale, with a seemingly bottomless appetite for XRP, has scooped up nearly 27 million coins, sparking speculation of a potential price surge. However, the broader market sentiment remains murky, leaving investors to navigate a sea of conflicting signals. XRP Whales Bet Big On Coin’s Future The on-chain transaction tracker, Whale Alert, reported a significant purchase by a known XRP whale. This…
1 year ago
Ripple CEO Blasts Market for Ignoring XRP, Analyst Predicts Price Explosion to $1000
The post Ripple CEO Blasts Market for Ignoring XRP, Analyst Predicts Price Explosion to $1000 appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse has voiced his frustration over the lack of recognition for XRP in the crypto market. In spite of its regulatory clarity in the U.S., XRP’s value below $0.5 sparks frustration and negative sentiments, with some calling it a “dead coin”. This frustration arises from XRP’s status as one of the worst-performing crypto assets in the…
1 year ago
Moody’s Delivers Critical Warning To Investors, XRP Gets Explosive Price Prediction
The post Moody’s Delivers Critical Warning To Investors, XRP Gets Explosive Price Prediction appeared first on Coinpedia Fintech News Moody’s Analytics chief economist Mark Zandi recently warned crypto investors about what would likely happen when the US Fed announced its interest rate decision. Meanwhile, Ripple (XRP) looks poised for a parabolic rise based on this crypto analyst’s prediction, and ETFSwap (ETFS) is set to launch its platform soon enough. Crypto Enthusiasts Anticipate ETFSwap’s (ETFS) Imminent Launch The crypto world is…
1 year ago
SEC vs. Ripple: XRP Slides 3.01% Following Latest Court Filing
Ripple Labs has cited the Terraform Labs settlement as a yardstick to lower its own penalty demand from the SEC. Ripple believes its fine should not exceed $10 million against the $2 billion the SEC is requesting. XRP saw its price plummet following a recent filing involving the ongoing case between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC). According to our data, XRP declined by 3% on Thursday to trade at $0.4773. Ripple’s Court Filing Defense…
1 year ago
Will Dogecoin Hit $1? Savvy Investors Shift to XRP and This New GameFi Memecoin
The post Will Dogecoin Hit $1? Savvy Investors Shift to XRP and This New GameFi Memecoin appeared first on Coinpedia Fintech News Dogecoin’s $1 dream continues. XRP is tipped to soar past its all-time high of $3.84 after its long-drawn legal tussle with the US SEC. Rebel Satoshi is a new GameFi memecoin with a 70x potential, according to analysts. The crypto landscape is a flurry of activities. On the one hand, farmers continue their relentless search for airdrops to…
1 year ago
XRP Price Danger Zone: Key Support Levels to Watch
XRP price failed to stay above the $0.4840 support zone. The price declined and tested the $0.4750 support zone, and is now at risk of more losses. XRP extended losses and traded below the $0.4840 support zone. The price is now trading below $0.4880 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.4880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover, but the…
1 year ago