XRP

XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and Elliott Wave Theory, Defender forecasts a significant price increase for XRP before July. This technical prediction coincides with potential regulatory developments that could reshape the cryptocurrency landscape.…

XRP price extended its decline below the $0.520 support. The price is now trading in a range and eyeing an upside break above the $0.5320 resistance. XRP extended losses and declined below the $0.5120 support. The price is now trading above $0.5250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5325 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it…

XRP’s price action remains under scrutiny, with its trajectory dependent on developments in the SEC vs. Ripple case and broader economic indicators. Investors eagerly await a court ruling on sealing motions, which could disclose sensitive information potentially impacting Ripple’s business relationships and XRP adoption. The uncertainty in the Ripple vs SEC case continues to hover around, the XRP price has recently come under some selling pressure. In the last 24 hours, the XRP price dropped by 2% moving back to…

Recently, two crypto assets became the talk of the town: Ripple’s native token, XRP, and Algotech (ALGT). While XRP experienced an impressive increase in prices, hence causing speculations if it would reach the $1 coveted mark during this bull run, Algotech has been making headlines with its innovative approach to algorithmic trading, strategic investment into cutting-edge technology as well as a highly anticipated airdrop that has created massive demand from crypto enthusiasts. XRP Price Forecast: Potential to Hit $1 Or…

Buy XRP before institutional investment raises its value, advises financial analyst Linda Jones. James Jay compares the potential expansion of XRP to the post-institutional investment boom of Bitcoin. Before the expected wave of institutional purchases, Wall Street financial guru Linda Jones has recommended buying XRP. In expressing her opinions on X, Jones responded to a podcast in which James Jay tried to allay the annoyances of XRP holders. Jay underlined how institutional investors could enter XRP strategically and predicted that…

Crypto markets are abuzz with excitement, with significant movements seen in XRP and Cardano. Ripple has shifted 50 million XRP, while recent Cardano news has driven a surge of activity on Cardano's network. The meme market craze continues, and Raboo stands at the forefront as a top investment opportunity. Cardano: Network Activity Surge Cardano's unique approach to proof-of-stake consensus and its robust smart contract capabilities are driving the recent increased usage, but despite the positive Cardano news, investors should be…

The FIT21 Act, crucial for cryptocurrency regulation, has successfully passed the U.S. House with strong bipartisan support. Despite its success in the House, the future of the FIT21 Act in the Senate remains uncertain, casting shadows over the long-term regulatory landscape for cryptocurrencies like Bitcoin and XRP. The U.S. House of Representatives has recently passed the pivotal Financial Innovation and Technology for the 21st Century Act (FIT21), representing a significant legislative milestone in cryptocurrency regulation. Garnering a bipartisan vote of…

XRP price started a fresh decline after it failed near $0.5570. The price is now correcting gains and might decline heavily if it breaks the 100-hourly SMA. XRP struggled near the $0.5570 zone and trimmed gains. The price is now trading below $0.5350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.5320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the 100-hourly…

A crypto analyst has predicted the next price target for the XRP price, noting that the altcoin was nearing a key point that could potentially trigger a major bull rally for the cryptocurrency.  XRP Price Roadmap to $20 In an X (formerly Twitter) post on May 20, Crypto analyst, Javon Marks forecasted a strong bullish breakout for the XRP price in this market cycle. Marks explained that XRP was steadily approaching a critical converging point, with an emerging Relative Strength…