XRP

Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside.   Inverted Hammer Forms On The Chart Egrag highlighted an Inverted hammer that had formed on XRP’s chart while noting how bullish this was for the crypto token. He claimed that last month’s candle formation showed a 75% Inverted Hammer at the bottom, which is…

Renowned analyst gives a bold prediction on the altcoin market, claiming Ethereum (ETH) and Polkadot (DOT) may lead the charge for a monumental rally.  According to him, the Ether ETF approval coupled with other factors could massively benefit ETH and the altcoin ecosystem at large.  Bitcoin (BTC) edges closer to setting a new all-time high price record with a seven-day surge of 4%, however, most altcoins appear unbothered at this point as the likes of XRP, Dogecoin, and Shiba Inu…

The post XRP Ranks Among Top 5 Most Profitable Assets Despite Price Slump! appeared first on Coinpedia Fintech News Despite its recent price struggles, XRP, the digital asset associated with Ripple, remains among the top 5 mainstream assets with the highest profitability. According to a report from analytics platform Santiment, XRP has retained its position despite failing to breach the $0.5 level for over two months. The report indicates that despite XRP’s stagnant price movements, most of its circulating supply…

The post Ripple CTO Denies XRP Abandonment Rumors appeared first on Coinpedia Fintech News David Schwartz, Ripple’s CTO, has refuted rumors that Ripple is abandoning XRP, which arose from his recent X post. Schwartz clarified that his statement did not reflect any real-world events but was a fictional pitch for a hypothetical movie. He emphasized that it should not be interpreted as a reflection of Ripple’s strategy regarding XRP. Despite the rumors, no signs exist that Ripple plans to abandon…

The post Robinhood Acquisition Of Bitstamp Sparks Optimism About the Listing of XRP  appeared first on Coinpedia Fintech News Robinhood Markets has announced its plan to acquire the well-known crypto exchange Bitstamp for $200 million. This acquisition aims to enhance Robinhood’s services outside the United States, particularly in Europe and Asia, where Bitstamp has a strong foothold. Meanwhile, the XRP community is optimistic that this move could lead to Robinhood listing XRP for trading, given Bitstamp’s strong support for XRP.…

XRP price started a fresh decline from the $0.5320 resistance zone. It is now testing the $0.5180 support and might even test the $0.5120 support zone. XRP failed near $0.5320 and started a downside correction. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $0.5250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip further if it stays…

Ripple CEO Brad Garlinghouse has predicted that the global crypto market will reach $5 trillion, projecting a bullish outlook for XRP. His prediction suggests that the market will double from the current estimates, meaning XRP will see its price per coin reach well over $1.02. Ripple CEO Brad Garlinghouse has shared a fairly optimistic outlook over the future of XRP and the global crypto market. Speaking at this year’s Consensus, Garlinghouse told attendees that he expects the global crypto market…

Ripple’s CEO Brad Garlinghouse highlighted the rapid growth and strong investor interest in the cryptocurrency world comparing Bitcoin ETF’s significant performance to gold ETFs. The anticipation of the XRP ETF suggests a more bullish outlook not only for XRP but the entire crypto world. Ripple’s CEO Brad Garlinghouse, in a noteworthy observation, stated that Bitcoin ETFs have exhibited an exceptional performance outshining gold ETFs. Contrasting between Bitcoin ETFs and Gold ETFs’ asset accumulation and inflows, Garlinghouse highlights the significant milestone…

The lack of SEC vs Ripple news within the past few days is reported to have contributed to the marginal decline of the XRP price.  However, the pending ruling on the SEC vs. Ripple case and the SEC vs Coinbase legal battle as well as other factors could impact the price in the future.  XRP slips below $0.53, and trades at $0.52 after declining by 0.67% in the last 24 hours and 3.5% in the last 30 days.  According to…