XRP

Ripple Labs releases 500 million XRP from escrow, sparking speculations and discussions with respect to the rationale as recent distributions deviate from regular patterns.  An analyst predicts that XRP could still hit $5 and later reach $18 as long as it trades within the $0.3917 and $0.6649 support range.  Ripple Labs recently became the talk of the town after releasing 500 million XRP in two separate transactions, deviating from the regular pattern of its distribution. It can be recalled that…

Ripple has partnered with HashKey DX and SBI Group, to bring XRPL-powered innovative solutions to the Japanese market.  Ripple’s collaboration underscores its proactive approach to diversifying its product offerings and expanding its market reach. Ripple, a prominent enterprise blockchain solutions provider, has unveiled a new partnership with Tokyo-based HashKey DX and SBI Group to introduce innovative solutions powered by the XRP Ledger (XRPL) in Japan. The collaboration aims to tap into the burgeoning blockchain adoption trend, starting with the supply…

The post Ripple’s (XRP) Bullish Q2 Price Outlook; NEAR Protocol Gains Traction; RECQ Favored By Whales appeared first on Coinpedia Fintech News TLDR XRP returns to bullish tracks, with sights set on $1 before the end of quarter two. NEAR Protocol trades on the upside, oblivious to bearish signals. Rebel Satoshi Arcade excites whales and is tipped for a 55x jump after its market debut. With the second quarter of the year shifting gears, it is a matter of time…

The post Ripple CEO Outlines Roadmap For XRP; NuggetRush (NUGX) DEX Listing See Parabolic Price Movement appeared first on Coinpedia Fintech News TLDR Ripple’s community is excited over its upcoming stablecoin launch.  The expansion plans could boost XRP’s performance as the market jubilates over the recent BTC halving. NuggetRush’s NUGX token is preparing for its official listing on Uniswap. Ripple’s recently-released network expansion plans could pull investors toward its network. It could also spur a mega XRP surge, making it…

The post Traders Watch XRP And Bitcoin Closely For Sudden Price Movements; Is $RECQ A Great Option Against Market Volatility appeared first on Coinpedia Fintech News TLDR XRP (XRP) has seen increased investor interest despite recent market volatility. Whales are buying the dip ahead of an SEC filing deadline on April 29, with one whale purchasing 24.05 million XRP worth around $12.39 million. Bitcoin (BTC) hit a daily transaction peak of 927,000 on April 23, exceeding the previous record. Runes,…

The cryptocurrency market continues to navigate a period of sluggishness. Yet, a recent whale activity has injected a flicker of hope for XRP, the native token of Ripple. On Tuesday, a significant investor, commonly referred to as a whale, acquired a hefty 23 million XRP, sparking renewed interest in the embattled token. Whale Movement: A Sign Of Shifting Tides? The purchase was identified by Whale Alert, a platform that tracks large cryptocurrency transactions. The tokens originated from a Binance exchange…

TL;DR Despite the recent market downturn and XRP’s price falling below $0.50, analysts like Dark Defender predict it could still reach highs of over $5 if key support levels are maintained. The outcome of the ongoing legal battle between Ripple and the SEC remains a critical factor for the asset’s future prospects, with recent court activities adding to the case’s complexity. XRP Goals Remain Unchanged Ripple’s XRP is among the severely-affected cryptocurrencies during the latest market correction, with its price tumbling by almost 10% weekly…

After experiencing a significant plummet, Ripple broke below its multi-month ascending trendline and retraced toward the breached level, completing a pullback. This price action suggests a bearish sentiment in the market, potentially leading to a continuation of the downward retracement. XRP Analysis By Shayan The Daily Chart Upon thoroughly examining the daily chart, it’s apparent that XRP underwent a substantial decline below the multi-month ascending trendline, subsequently moving toward the $0.45 threshold. However, buyers stepped in, initiating a bullish rebound…

Ripple has announced a major partnership with Tokyo-based HashKey DX, a consulting company of the HashKey Group, to deploy XRP Ledger (XRPL)-powered enterprise solutions in Japan’s burgeoning blockchain sector. The announcement led to an immediate 1.9% increase in XRP’s price, although this gain was slightly pared back; as of the latest data, XRP stands 1.1% higher since the news broke. The Ripple And HashKey Partnership: Details The collaboration leverages the substantial success HashKey Group has seen in mainland China. HashKey‘s…