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
Ripple (XRP) and BNB (BNB) Battle Key Resistance Levels, On Chain Data Suggests KANG is the Next To Pump
As the crypto market anticipates the bull run, Ripple (XRP) and BNB (BNB) are facing a battle to stay afloat of the bear pressure. These top crypto coins have to contend with crucial resistance levels that may determine their next trajectories. Meanwhile, the available on-chain data has given a hint that KangaMoon may be the best new crypto to invest in. The on-chain data suggests that due to KangaMoon attributes, the token is expected to pump massively in the forthcoming…
1 year ago
This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why
Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on. Why This Analyst Swapped His Bitcoin For Altcoins In an X (formerly Twitter) post, Van de Poppe explained that altcoins have been “crushed unreasonably hard.” As such, he believes things can only improve from here…
1 year ago
Can Ripple vs SEC Settlement Push XRP Beyond $1? Price Forecast Explained
In the ongoing legal battle, Ripple aims to protect sensitive operational details and customer privacy, awaiting a decision from the Judge. Additionally, XRP’s price action reflects a pattern of bullish and bearish fractals, with support at $0.48 and resistance at $0.56. Amid the Bitcoin price resurgence, Ripple’s native cryptocurrency XRP has given a strong bounceback in the last three days with its price trading at $0.52. The rise in XRP value mirrored a broader trend across most cryptocurrencies, driven by…
1 year ago
Ripple’s Q1 2024 Report: XRP Market Soars Despite SEC Drama
Trading volumes of XRP increased 40% in Q1 2024 in spite of the SEC action. Bullish trend in XRP is driven by whale activity and technical improvements. In its May 17, 2024, release of the Ripple Q1 2024 XRP Markets Report, Ripple outlined noteworthy advancements in the XRP markets and the larger cryptocurrency scene. An examination of trade volumes, market dynamics, and current regulatory issues is given in this extensive paper, which focuses especially on the case against the U.S.…
1 year ago
Factors That Could Boost XRP to $1.68, Enthusiasm Grows For this Emerging AI Altcoin
The post Factors That Could Boost XRP to $1.68, Enthusiasm Grows For this Emerging AI Altcoin appeared first on Coinpedia Fintech News XRP, the native cryptocurrency of the Ripple network, has been gaining popularity slowly over the last few months. The experts predict a huge price rise, meanwhile, Borroe Finance ($ROE) has been widely recognized as a promising AI-based altcoin and it has been getting more and more interest from crypto investors for its AI funding model. SEC Case, a…
1 year ago
Ripple’s XRP Holdings Drop Below 45% Amid Surge In Trading Volume
The post Ripple’s XRP Holdings Drop Below 45% Amid Surge In Trading Volume appeared first on Coinpedia Fintech News The U.S.-based financial technology company Ripple now holds 44.9 billion XRP, with 40 billion currently in escrow, having sold over 841 million tokens in Q1 2024. A recent XRP Market report for Q1 2024 by Ripple highlights a 40% jump in trading volumes amid the SEC and regulatory challenges. On the other hand, the report also notes that XRP holdings dropped…
1 year ago
Crypto Analyst Predicts XRP Price Explosion To Over $18
In a recent analysis provided by the crypto analyst Dark Defender, a compelling case has been made for the potential significant rise in the price of XRP. Through a detailed examination of the XRP/USD chart on a monthly time frame, as sourced from Binance, Dark Defender highlights a large bullish formation, which he describes as a “bull flag” across multiple longer-term time frames including monthly, three-month, and six-month charts. XRP Price Gears Up For Explosive Move The analysis shows a…
1 year ago
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XRPXRP Forecast: Analyst Identifies Crucial Period Ahead, Potentially Life-Changing for Holders in Next 3-12 Months
One analyst has utilized the Gaussian channel—which focuses on volatility levels—to predict XRP’s aggressive bullish phase later this year. He expects the crypto to dip over the next few months before embarking on a bull run towards the end of the year, which will end around January. XRP has failed to match its rivals in hitting new heights in this year’s bull rally, and according to one analyst, its aggressive bullish opportunity is winding up. Known to his 51,000 followers…
1 year ago
XRP And Worldcoin Investors Show Interest In Rebel Satoshi Presale For Skyrocketing Memecoin Gains
The post XRP And Worldcoin Investors Show Interest In Rebel Satoshi Presale For Skyrocketing Memecoin Gains appeared first on Coinpedia Fintech News TLDR XRP holders hope for a return to $0.7. Worldcoin’s (WLD) network activity will rise in Q2 2024. Rebel Satoshi’s $RECQ coin becomes one of the most popular tokens following its presale surge. XRP’s ongoing lawsuit is nearing its final stages. Analysts predict an expansion of Worldcoin’s (WLD) community following the launch of Worldchain. Rebel Satoshi’s meme coin…
1 year ago