XRP

VELO has emerged as the latest sensation in the crypto market, earning the moniker “the XRP of Southeast Asia.” Over the past six weeks, this crypto has experienced a staggering 358% surge in value, capturing the attention of traders worldwide. VELO Surged 358% in 6 Weeks Velo Labs developed VELO, designed to enable digital credit issuance and borderless asset transfers for businesses. The protocol uses smart contracts to facilitate transactions. It provides a secure and transparent way to transfer value…

The post XRP And SEI Set Eyes On Promising Price Targets; Can $RECQ Reach $1 Before Both Coins? appeared first on Coinpedia Fintech News TLDR XRP plummets 20.31% amid SEC fine speculations. Sei Foundation launches $10 Million Creator Fund: SEI plummets 23.94% despite optimism. $RECQ offers an unmatched experience with the Rebel Satoshi Arcade. Even though the digital asset space is volatile, XRP (XRP) and Sei (SEI) have emerged as frontrunners with promising price targets on the horizon. As investors…

The post XRP News: Ripple’s Defense Against SEC Stablecoin Claims Bolstered by Binance Case appeared first on Coinpedia Fintech News In recent developments, Ripple is facing the SEC head-on in the legal battle. Ripple’s Chief Legal Officer, Stuart Alderoty, deemed the SEC’s arguments in support of its motion for remedies and final judgment weak, signaling potential progress towards the end of the lawsuit. Could this be the turning point XRP holders have been waiting for? Here’s the scoop. SEC vs.…

XRP price is consolidating losses above the $0.500 support. The price could extend losses if it fails to recover above the $0.530 resistance zone. XRP extended losses and traded below the $0.530 support. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if the…

Legal veteran MetaLawMan has ignited excitement in the Ripple ecosystem with predictions on the SEC case. He believes the regulators’ demand of $2 billion in fines might be tossed out. James Murphy, a pro-XRP lawyer known as MetaLawMan has hinted that Judge Torres could throw out the SEC’s $2 billion fine against Ripple Labs Inc. This is promising news for XRP because many had earlier forecasted that the fine could cripple the cryptocurrency. The XRP Lawyer’s Argument Murphy began his…

An analyst makes an audacious prediction for XRP, foreseeing the asset hitting $246 after the end of the ongoing cycle.  According to him, XRP’s weekly chart discloses the repetition of a pattern that triggered the significant surge to $3.3 in January 2018 and $1.9 in April 2021.  XRP’s steady surge over the years and consistent struggle since the commencement of the legal dispute between the US Securities and Exchange Commission (SEC) and Ripple Labs has forced market analysts to resort…

XRP has long been a standout player in the volatile world of cryptocurrencies,  However, recent shifts in the crypto market suggest that other top altcoins among them are Ethena (ENA), Pepe Coin (PEPE), and the new RCO Finance (RCOF), are also poised to make their mark in the post-Bitcoin bull cycle. These altcoins are showing promising signs of growth each buoyed by different factors. XRP Maintains Momentum Amid Legal Battles Despite facing regulatory hurdles, XRP continues to show resilience in…

The bulls have continued to take a beating in the market, and XRP bulls, in particular, were recently in the spotlight as $1.27 million was liquidated from their long positions. This 6,350% spike in long liquidations is likely due to XRP’s recent price action, highlighting the general sentiment in its ecosystem.  $1.27 Million In Longs Get Liquidated Data from Coinglass shows that $1.27 million in long positions have been liquidated in the last 24 hours. This is massive in comparison…

TL;DR XRP’s price has shown moderate fluctuations, currently at $0.51. Analyst predictions suggest a potential rally if it breaks the $0.57 mark, with significant growth expected upon surpassing a major resistance at $0.67. The ongoing Ripple v. SEC lawsuit remains a pivotal factor for the asset’s valuation, with many industry participants expecting a decisive victory for the company. The Odds of an XRP Rally XRP’s price has experienced slight volatility in the past several weeks, trading in the $0.48-$0.55 range.…