XRP

The post Ripple Expands to Africa: XRP Soars to $0.52 After Major Announcement, What Next? appeared first on Coinpedia Fintech News Ripple has announced plans to introduce XRP Ledger and crypto-native services, including custody, in Africa. This expansion aligns with Ripple’s vision to leverage blockchain technology for cross-border payments and beyond.  The announcement comes as XRP experiences a surge in value, rising from $0.48 to $0.52, reflecting a 4.2% increase. Ripple’s Expansion into Africa Ripple, a leading firm in cross-border…

XRP price shows positive signs above the $0.5100 resistance. The price could gain bullish momentum if it clears the $0.520 and $0.5220 resistance levels. XRP is eyeing a fresh increase above the $0.520 level. The price is now trading above $0.510 and the 100-hourly Simple Moving Average. There is another short-term declining channel forming with resistance at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if there is a…

On-chain data shows that XRP and Cardano whales have been accumulating recently, which can be bullish for the prices of these altcoins. XRP & Cardano Whales Have Gone On A Buying Spree Recently As analyst Ali explained in a new post on X, XRP whales have seen their holdings go up over the last couple of weeks. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of…

A crypto analyst identified as ‘Egrag Crypto’ has recently taken to X (formerly Twitter) to issue a warning to XRP investors regarding a potential bear market that could trigger a massive correction for the price of XRP.  XRP Holders Prepare For More Declines In 2025 According to Egrag Crypto, XRP is expected to enter a steep bear market stage in 2025. The analyst based his predictions on a technical analysis tool he called the “Gaussian Channel,” revealing three distinct technical…

Legal expert James “MetaLawMan” Murphy offers insights into the SEC v. Ripple case, focusing on the SEC’s demand for disgorgement. He also highlights the Supreme Court’s stance that disgorged funds should benefit victims, primarily institutional buyers of XRP. Renowned legal expert James “MetaLawMan” Murphy offers fresh insights into the SEC v. Ripple case, particularly focusing on the SEC’s push for disgorgement. Disgorgement, within the realm of securities regulations, involves relinquishing all unlawfully acquired profits derived from illicit activities. Attorney Murphy…

The price of XRP, the native token of Ripple, has been a topic of much debate lately. While some analysts predict a significant price jump this weekend, others remain cautious due to the coin’s recent struggles and the ongoing legal battle between Ripple and the SEC. Stalled At The Starting Line: XRP’s Recent Performance XRP has been stuck in low gear, failing to break past the $0.54 resistance level for weeks. This sluggishness extends to the broader timeframes, with the…

XRP price is attempting a fresh increase above the $0.5050 resistance. The price could gain bullish momentum if it clears the $0.520 resistance. XRP is eyeing a steady move above the $0.520 level. The price is now trading above $0.5120 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $0.5025 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if there is…

Ripple-backed XRP price has lost 70 percent of its value against Bitcoin since 2017 despite the 2021 crypto bull market. Veteran trader Peter Brandt believes XRP will continue to lose its value against Bitcoin in the near term, and most probably be outshined by other altcoins. Ripple Labs-backed XRP is one of the underperforming altcoins in the top 20 most valuable digital assets by market cap. The large-cap altcoin, with a fully diluted valuation of about $50 billion and an…

Crypto analysts continue to be super bullish on the future of the XRP price despite its poor performance in the past. However, while some analysts have predicted price targets that, to many, seem unrealistic, others have set more conservative targets. This is the case of crypto analyst Alan Santana, who just unveiled his 6-month prediction for the XRP price. XRP Price Is Ready For A Bullish Wave Alan Santana took to the TradingView website to share his latest analysis on…