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
Tags
XRPTags
XRPXRP Struggles Below $0.60 – Metrics Reveal Growing Selling Pressure
XRP has struggled to keep pace with the broader crypto market rally that began last week following the Federal Reserve’s interest rate cut. While other cryptocurrencies have seen impressive gains, XRP has only managed a modest 2% increase. Analysts and investors suggest this underperformance is due to growing interest in other projects, diverting attention and capital from the token. Adding to this concern, user participation in the XRP Ledger blockchain has declined, raising questions about the project’s long-term prospects. Key…
8 months ago
Crypto Price Analysis 9-27 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, BITTENSOR: TAO, RENDER: RNDR
Bitcoin (BTC) went above the crucial $65,000 mark for the first time in four weeks and is up almost 3% over the past 24 hours. BTC’s move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump. Nearly all major cryptocurrencies…
8 months ago
XRP Price Trapped In Consolidation: Will Bulls Break Free?
XRP price again struggled to clear the $0.600 resistance and declined. The price is now testing the $0.5840 support and might continue to consolidate. XRP price is still struggling to clear the $0.600 resistance zone. The price is now trading below $0.5920 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if…
9 months ago
Top Crypto Coins To Invest in Uptober for Over 100% Gains – Solana (SOL), Ripple (XRP), IntelMarkets (INTL)
The crypto community is getting set for a potential rally in October, otherwise known as Uptober, which is known for its bullish price movement. Analysts forecast the following altcoins – Solana (SOL), Ripple (XRP), and IntelMarkets are ready to soar this month. While the price of Solana (SOL) and Ripple (XRP) could soar to $200 and $0.7343 in the coming weeks, that of IntelMarkets is predicted to pump high as well. Analysts say the price of IntelMarkets could skyrocket by…
9 months ago
XRP Price Upside Fades: Is a Reversal on the Horizon?
XRP price failed to climb above the $0.6050 resistance and declined. The price is now testing the $0.5765 support and might consolidate for some time. XRP price is still struggling to clear the $0.600 resistance zone. The price is now trading below $0.590 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase…
9 months ago
XRP Price Remains in Range: Can It Escape the Consolidation?
XRP price is still consolidating above the $0.5785 support. The price must clear the $0.5950 and $0.6050 resistance levels to gain bullish momentum. XRP price is still trading below the $0.600 resistance zone. The price is now trading above $0.590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $0.5865 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it…
9 months ago
Viral Token Under $0.08 Set to Reach $5 Before Cardano (ADA) and Ripple (XRP)
As the crypto space heads toward the final quarter of 2024, it looks like not only crypto insiders or crypto bulls are happy about the approaching horizon, but there is also a focus on the next wave of tokens that can bring exponential returns. Among such emerging stars is the Rexas Finance (RXS) viral token, currently in its presale stage and selling at $0.05. Due to the unprecedented model that RWA tokenization proposes, analysts opine that Cardano (ADA) and Ripple…
9 months ago
Crypto Price Analysis 9-25 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, BITTENSOR: TAO, RIPPLE: XRP, CELESTIA: TIA
Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark. The overall crypto market capitalization also registered an increase of 2.01% to climb to $2.26 trillion. BTC is up over 2% in the past 24 hours, while ETH is up 0.80% in the same duration. The surge in the cryptocurrency and traditional markets can…
9 months ago
XRP Remains Bullish: Crypto Experts Unveil Predictions For The Price
Crypto experts have unveiled their bullish XRP price predictions despite the crypto’s stagnant price action. One factor that could contribute to this projected rally is the SEC Ripple appeal deadline which is fast approaching. If there is no appeal, it will ultimately end the long-running lawsuit which has bordered on XRP. Crypto Experts Reveal Their Predictions For XRP Expert Crypto Bitlord mentioned in an X post that he believes XRP is ready and that he expects a “parabolic explosion” to…
9 months ago