xrp
54.7M views
30,889 Posts
Hot
Latest
XRP is Gona skyrocket according to this article.
Ripple has signed more than 300 clients globally, including banks and financial institutions that use XRP for cross-border transactions:
Santander
Uses xCurrent for same-day international money transfers
MoneyGram
Partnered with Ripple in 2019 to use xRapid and XRP for faster cross-border remittances
SBI Remit
Uses RippleNet to facilitate payments from Japan to destinations across Asia
Ripple also has partnerships with crypto exchanges for its RLUSD stablecoin, including:
Uphold, Bitso, MoonPay, Archax, CoinMENA, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash.
As of now The live XRP price today is $2.30 USD with a 24-hour trading volume of $4,002,443,934 USD
Disclaimer.
Am not your financial adviser.To thrive in this evolving space, staying informed and engaged is essential. By exploring these trends, investors, businesses and policymakers alike can harness the transformative power of blockchain technology to build a more inclusive and sustainable future.
#Crypto2025Trends
#XRPPredictions
#XRPUSDT🚨
#XRPBullRun
#xrp
Ripple has signed more than 300 clients globally, including banks and financial institutions that use XRP for cross-border transactions:
Santander
Uses xCurrent for same-day international money transfers
MoneyGram
Partnered with Ripple in 2019 to use xRapid and XRP for faster cross-border remittances
SBI Remit
Uses RippleNet to facilitate payments from Japan to destinations across Asia
Ripple also has partnerships with crypto exchanges for its RLUSD stablecoin, including:
Uphold, Bitso, MoonPay, Archax, CoinMENA, Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash.
As of now The live XRP price today is $2.30 USD with a 24-hour trading volume of $4,002,443,934 USD
Disclaimer.
Am not your financial adviser.To thrive in this evolving space, staying informed and engaged is essential. By exploring these trends, investors, businesses and policymakers alike can harness the transformative power of blockchain technology to build a more inclusive and sustainable future.
#Crypto2025Trends
#XRPPredictions
#XRPUSDT🚨
#XRPBullRun
#xrp
XRP PUMPING 7% SOON???
COIN NAME: $XRP
SIGNAL TYPE: LONG
If you see this coin in 1 hour time frame you can see symmetrical triangle😍. And it's brake the resistance line and creating a new support line and also it's creating on the volume figure support line both are match. on the other hand we don't see any kind of huge resistance in that pointing mark atleast or cross this line also and get a huge pump. Bolinger calculation also support upward momentam. Hopefully this targeting market go up soon.
Total3 market volume figure, bolingers,rsi, supporting upward momentam. And we can see market makeing bullish flag and going to up side.
ENTRY: 2.2879
TP: 2.4372
SL: 2.2750
#xrp #Xrp🔥🔥 #XRPRealityCheck #BinanceAlphaAlert #GrayscaleHorizenTrust
SIGNAL TYPE: LONG
If you see this coin in 1 hour time frame you can see symmetrical triangle😍. And it's brake the resistance line and creating a new support line and also it's creating on the volume figure support line both are match. on the other hand we don't see any kind of huge resistance in that pointing mark atleast or cross this line also and get a huge pump. Bolinger calculation also support upward momentam. Hopefully this targeting market go up soon.
Total3 market volume figure, bolingers,rsi, supporting upward momentam. And we can see market makeing bullish flag and going to up side.
ENTRY: 2.2879
TP: 2.4372
SL: 2.2750
#xrp #Xrp🔥🔥 #XRPRealityCheck #BinanceAlphaAlert #GrayscaleHorizenTrust
Rwyha:
Also eth 📈 now or never
$XRP Liquidated Long occurred at $81.8K value with liquidation price at $2.295.
Entry: The long position on $XRP was entered in anticipation of price growth, expecting an upward movement.
Target: The target was set for a higher price, but market conditions reversed unexpectedly.
Stop Loss: The stop loss was triggered at $2.295, closing the long position at a loss.
$XRP faced a price decline instead of the expected rise, causing liquidation when the price dropped below the stop loss level.
Win/Loss Ratio: This trade resulted in a loss as the price fell short of the target and forced the position to close at a lower value.
Action Plan:
Reevaluate the market trend and entry signals before initiating long positions in $XRP .
Adjust stop loss orders to ensure better protection against sudden market reversals.
Improve risk management to prevent significant losses and better respond to market fluctuations.
XRP strategy should focus on refining entry points and more cautious stop loss settings to mitigate risks of liquidation.
#xrp
#Crypto2025Trends
#MarketRebound
#BinanceLaunchpoolBIO
#BTCNextMove
Entry: The long position on $XRP was entered in anticipation of price growth, expecting an upward movement.
Target: The target was set for a higher price, but market conditions reversed unexpectedly.
Stop Loss: The stop loss was triggered at $2.295, closing the long position at a loss.
$XRP faced a price decline instead of the expected rise, causing liquidation when the price dropped below the stop loss level.
Win/Loss Ratio: This trade resulted in a loss as the price fell short of the target and forced the position to close at a lower value.
Action Plan:
Reevaluate the market trend and entry signals before initiating long positions in $XRP .
Adjust stop loss orders to ensure better protection against sudden market reversals.
Improve risk management to prevent significant losses and better respond to market fluctuations.
XRP strategy should focus on refining entry points and more cautious stop loss settings to mitigate risks of liquidation.
#xrp
#Crypto2025Trends
#MarketRebound
#BinanceLaunchpoolBIO
#BTCNextMove
$XRP Ripple Price Prediction🔥
XRP's price prediction looks promising, with experts forecasting significant growth in the coming years. Currently, XRP's price is around $2.28, with a potential increase to $2.40 by the end of December 2024 .
*Short-Term Predictions:*
- December 2024: $2.18 - $2.40
- January 2025: $2.50- $3.00
- March 2025: $3.95 - $5.60
*Long-Term Predictions:*
- 2025: Average price of $3.08, with a potential high of $6.59
- 2026: Average price of $4.37, with a potential high of $7.01
- 2027: Average price of $7.79, with a potential high of $10.88
- 2028: Average price of $10.47, with a potential high of $12.23
- 2030: Potential price of $15.28
Keep in mind that these predictions are based on technical analysis and should not be taken as investment advice. It's essential to do your own research and consider multiple sources before making any investment decisions .
#xrp #Crypto2025Trends #BTCNextMove
XRP's price prediction looks promising, with experts forecasting significant growth in the coming years. Currently, XRP's price is around $2.28, with a potential increase to $2.40 by the end of December 2024 .
*Short-Term Predictions:*
- December 2024: $2.18 - $2.40
- January 2025: $2.50- $3.00
- March 2025: $3.95 - $5.60
*Long-Term Predictions:*
- 2025: Average price of $3.08, with a potential high of $6.59
- 2026: Average price of $4.37, with a potential high of $7.01
- 2027: Average price of $7.79, with a potential high of $10.88
- 2028: Average price of $10.47, with a potential high of $12.23
- 2030: Potential price of $15.28
Keep in mind that these predictions are based on technical analysis and should not be taken as investment advice. It's essential to do your own research and consider multiple sources before making any investment decisions .
#xrp #Crypto2025Trends #BTCNextMove
$XRP Already make Double bottom... Really I see again it on the top... Once again some Upward trend in #xrp ..
Will it make a New Top trend..??
You all think same as like me... Or you think Different ..
I am happy to hear your thoughts ..
#Xrp🔥🔥 #XRPGoal #MarketRebound
Will it make a New Top trend..??
You all think same as like me... Or you think Different ..
I am happy to hear your thoughts ..
#Xrp🔥🔥 #XRPGoal #MarketRebound
Thần Bài:
Doge bottom 3 bottom 4 can't fly, XRP has been used many times, heavy boat
XRP
On the charts, the key resistance level to watch is $2.94. If XRP can break past this hurdle, it might head toward testing its all-time high of $3.55
Trading volumes for XRP have been on the rise as well. This surge is partly driven by speculation that Ripple Labs could see reduced legal pressures, which would strengthen the case for XRP as a viable asset.
Since Ripple’s launch in 2012, the XRP coin has cost quite low; its price has been less than $4 but has fluctuated. For example, XRP started with a cost of less than $0.01, and its highest value was $3.84 in 2018, which was reached during a market growth period. Ripple then took a big drop in its rate and was worth less than $1 in 2019-2020. However, a legal battle with the SEC at the end of 2020 caused another hike in the coin's price and led to volatility, and in 2021 its rate fluctuated between $0.50 and $1.50.
Ripple’s Current Overview
As of November 2024, the XRP value had grown a lot, and by the end of the month was fluctuating between $1.40 and $1.50, with small daily changes. Price movements were still affected by litigation and broader market conditions.
By early December, XRP's important role in the market was confirmed as its value surged by 53% reaching $2.31. This came due to the reports that Ripple Labs' RLUSD stablecoin may soon be authorized in the U.S.; the New York Department of Financial Services
#Crypto2025Trends
#Xrp🔥🔥
#XRPUSDT🚨
#XRPBullRun
#xrp
On the charts, the key resistance level to watch is $2.94. If XRP can break past this hurdle, it might head toward testing its all-time high of $3.55
Trading volumes for XRP have been on the rise as well. This surge is partly driven by speculation that Ripple Labs could see reduced legal pressures, which would strengthen the case for XRP as a viable asset.
Since Ripple’s launch in 2012, the XRP coin has cost quite low; its price has been less than $4 but has fluctuated. For example, XRP started with a cost of less than $0.01, and its highest value was $3.84 in 2018, which was reached during a market growth period. Ripple then took a big drop in its rate and was worth less than $1 in 2019-2020. However, a legal battle with the SEC at the end of 2020 caused another hike in the coin's price and led to volatility, and in 2021 its rate fluctuated between $0.50 and $1.50.
Ripple’s Current Overview
As of November 2024, the XRP value had grown a lot, and by the end of the month was fluctuating between $1.40 and $1.50, with small daily changes. Price movements were still affected by litigation and broader market conditions.
By early December, XRP's important role in the market was confirmed as its value surged by 53% reaching $2.31. This came due to the reports that Ripple Labs' RLUSD stablecoin may soon be authorized in the U.S.; the New York Department of Financial Services
#Crypto2025Trends
#Xrp🔥🔥
#XRPUSDT🚨
#XRPBullRun
#xrp
XRP: Potential for Growth and Investment Strategies
XRP is currently valued at $2.3062, showing a 2.93% increase. Experts suggest that holding at least 1,000 XRP could be pivotal for investors aiming to capitalize on what some are calling "the greatest transfer of wealth in history." With a cost of approximately $2,300 for 1,000 XRP, its value is anticipated to rise as XRP gains utility in the financial sector.
As central banks collaborate with Ripple and integrate the XRP Ledger into the future financial system, XRP's price could soar to $10, $100, or even higher. However, some investors have previously sold prematurely, missing potential gains.
**Avoiding Common Mistakes**
A frequent error is keeping XRP on exchanges, which poses risks during supply shortages or liquidation events. It is advisable to store XRP in a personal wallet to avoid making impulsive decisions driven by market volatility. While occasional market checks are acceptable, constant monitoring can negatively impact mental health.
**The Long-Term Outlook for XRP**
For those willing to endure market fluctuations, the potential rewards are significant. It's recommended to join the minority (5% or even 1%) who remain steadfast. Holding 1,000 XRP could be a strategic move towards financial freedom.#BTCNextMove #CorePCESignalsShift #ElSalvadorBTCReserve #xrp
XRP is currently valued at $2.3062, showing a 2.93% increase. Experts suggest that holding at least 1,000 XRP could be pivotal for investors aiming to capitalize on what some are calling "the greatest transfer of wealth in history." With a cost of approximately $2,300 for 1,000 XRP, its value is anticipated to rise as XRP gains utility in the financial sector.
As central banks collaborate with Ripple and integrate the XRP Ledger into the future financial system, XRP's price could soar to $10, $100, or even higher. However, some investors have previously sold prematurely, missing potential gains.
**Avoiding Common Mistakes**
A frequent error is keeping XRP on exchanges, which poses risks during supply shortages or liquidation events. It is advisable to store XRP in a personal wallet to avoid making impulsive decisions driven by market volatility. While occasional market checks are acceptable, constant monitoring can negatively impact mental health.
**The Long-Term Outlook for XRP**
For those willing to endure market fluctuations, the potential rewards are significant. It's recommended to join the minority (5% or even 1%) who remain steadfast. Holding 1,000 XRP could be a strategic move towards financial freedom.#BTCNextMove #CorePCESignalsShift #ElSalvadorBTCReserve #xrp
Legend still Short:
I think it's not a good time to buy. It can go even down and rising again 📉😁😁🤔😏
AI XRP
By GROK,
Speculation about XRP in 2025 varies widely, reflecting both optimism and caution based on several factors including regulatory developments, market trends, and technological advancements:
Price Predictions: Various sources offer different predictions for XRP's price in 2025. Coin Price Forecast suggests an average price of $1.05, while PricePrediction.net offers a potential high of $0.9205. Margex's technical analysts speculate a maximum price of $2.21, contingent on a favorable outcome in Ripple's SEC case and bullish market conditions. More optimistic forecasts from sources like DigitalCoinPrice see XRP reaching $6.24, while others like PricePrediction and Telegaon predict higher maximums at $4.54 and $6.87 respectively.
Regulatory Outcomes: The ongoing legal battle between Ripple Labs and the SEC significantly influences investor confidence. Positive outcomes could enhance XRP's market position, with speculation that the case might be dropped in 2025, potentially clearing the path for more adoption and higher prices. However, the volatile nature of cryptocurrency regulation means this remains speculative.
Market Dynamics: XRP's price is also influenced by broader market trends, including the overall crypto market cap and trading volume. Bull markets tend to lift digital asset prices, while bear markets can lead to declines. There's also talk of potential XRP ETF launches and a more crypto-friendly regulatory environment under new U.S. leadership, which could spur significant interest and investment.
Technological and Utility Developments: XRP's utility in cross-border payments, especially through Ripple's On-Demand Liquidity (ODL) service, continues to be a strong point. Predictions also hinge on Ripple's partnerships with financial institutions and potential use in central bank digital currency (CBDC) projects, which could drive demand for XRP.
Community Sentiment: Posts found on X reveal a mix of optimism and speculative fervor about XRP's future. There's talk of significant price surges if certain conditions are met, like ETF approvals or successful legal resolutions, with some predictions even going as high as $250 by 2025. However, these are highly speculative and reflect the community's hopes rather than guaranteed outcomes.
In summary, while there's considerable enthusiasm for XRP's potential in 2025, the cryptocurrency's future price and adoption are subject to numerous variables, particularly legal outcomes and broader market trends. Investors are advised to approach these speculations with caution and conduct thorough research.
Was it really intelligent??
#ReboundRally
#xrp
#XRPPredictions $XRP
Speculation about XRP in 2025 varies widely, reflecting both optimism and caution based on several factors including regulatory developments, market trends, and technological advancements:
Price Predictions: Various sources offer different predictions for XRP's price in 2025. Coin Price Forecast suggests an average price of $1.05, while PricePrediction.net offers a potential high of $0.9205. Margex's technical analysts speculate a maximum price of $2.21, contingent on a favorable outcome in Ripple's SEC case and bullish market conditions. More optimistic forecasts from sources like DigitalCoinPrice see XRP reaching $6.24, while others like PricePrediction and Telegaon predict higher maximums at $4.54 and $6.87 respectively.
Regulatory Outcomes: The ongoing legal battle between Ripple Labs and the SEC significantly influences investor confidence. Positive outcomes could enhance XRP's market position, with speculation that the case might be dropped in 2025, potentially clearing the path for more adoption and higher prices. However, the volatile nature of cryptocurrency regulation means this remains speculative.
Market Dynamics: XRP's price is also influenced by broader market trends, including the overall crypto market cap and trading volume. Bull markets tend to lift digital asset prices, while bear markets can lead to declines. There's also talk of potential XRP ETF launches and a more crypto-friendly regulatory environment under new U.S. leadership, which could spur significant interest and investment.
Technological and Utility Developments: XRP's utility in cross-border payments, especially through Ripple's On-Demand Liquidity (ODL) service, continues to be a strong point. Predictions also hinge on Ripple's partnerships with financial institutions and potential use in central bank digital currency (CBDC) projects, which could drive demand for XRP.
Community Sentiment: Posts found on X reveal a mix of optimism and speculative fervor about XRP's future. There's talk of significant price surges if certain conditions are met, like ETF approvals or successful legal resolutions, with some predictions even going as high as $250 by 2025. However, these are highly speculative and reflect the community's hopes rather than guaranteed outcomes.
In summary, while there's considerable enthusiasm for XRP's potential in 2025, the cryptocurrency's future price and adoption are subject to numerous variables, particularly legal outcomes and broader market trends. Investors are advised to approach these speculations with caution and conduct thorough research.
Was it really intelligent??
#ReboundRally
#xrp
#XRPPredictions $XRP
Prepare to BUY Spot XRP on the Next D1 and W Cycles🔥🚀
$XRP
🌟 Ride the Next Big Wave with XRP! 🌟
🌍 Market Overview:
XRP is aligning for a strong bullish movement on both D1 and W (Weekly) timeframes, offering a significant opportunity for short-term traders to achieve excellent returns.
📊 Trade Plan:
📌 Entry: $1.9 - $2.2 – Ideal accumulation range before the breakout.
🎯 Target: x2 – Doubling your investment with this high-probability setup.
⏳ Hold Time: 2-3 weeks – A perfect short-term hold aligned with the D1 and W cycles.
🔍 Strategy Insights:
My custom tool RainBow MG3 highlights XRP as a strong contender for significant upward movement.
Volume trends and market conditions support a high-probability breakout.
🚀 Next Steps:
💬 Reach out for personalized support or strategy insights!
💡 Note: This is not financial advice. Always DYOR before trading.
🔥 XRP is set to soar – Don’t miss your chance to join the next wave! 🔥
#BinanceLabsBacksUsual #xrp #binnace
🌟 Ride the Next Big Wave with XRP! 🌟
🌍 Market Overview:
XRP is aligning for a strong bullish movement on both D1 and W (Weekly) timeframes, offering a significant opportunity for short-term traders to achieve excellent returns.
📊 Trade Plan:
📌 Entry: $1.9 - $2.2 – Ideal accumulation range before the breakout.
🎯 Target: x2 – Doubling your investment with this high-probability setup.
⏳ Hold Time: 2-3 weeks – A perfect short-term hold aligned with the D1 and W cycles.
🔍 Strategy Insights:
My custom tool RainBow MG3 highlights XRP as a strong contender for significant upward movement.
Volume trends and market conditions support a high-probability breakout.
🚀 Next Steps:
💬 Reach out for personalized support or strategy insights!
💡 Note: This is not financial advice. Always DYOR before trading.
🔥 XRP is set to soar – Don’t miss your chance to join the next wave! 🔥
#BinanceLabsBacksUsual #xrp #binnace
Kati Crist zQUj:
I'm the first viewer of this post
$XRP
XRP is trading at $2.28 (+2.24%) as of December 25, 2024. Key updates:
SEC vs. Ripple: January 15 is the deadline for the SEC to appeal.
Possible outcomes:
No appeal: XRP could surge to $3.55.
Appeal: Price may drop below $1.50.
Market optimism grows as President-elect Trump nominates pro-crypto figures for regulatory positions.
These developments could significantly impact XRP's trajectory.
#xrp #Xrp🔥🔥 #MarketRebound #BTCNextMove
XRP is trading at $2.28 (+2.24%) as of December 25, 2024. Key updates:
SEC vs. Ripple: January 15 is the deadline for the SEC to appeal.
Possible outcomes:
No appeal: XRP could surge to $3.55.
Appeal: Price may drop below $1.50.
Market optimism grows as President-elect Trump nominates pro-crypto figures for regulatory positions.
These developments could significantly impact XRP's trajectory.
#xrp #Xrp🔥🔥 #MarketRebound #BTCNextMove
See original
$XRP Can $XRP Price Reach $100? chatgpt's Answer #xrp
#xrp
XRP price reaching $100 is a theoretical possibility, but highly unlikely in the current environment. Here’s why:
1- Market capitalization
For XRP to reach $100, with a current circulating supply of around 52 billion tokens, it would require a market cap of $5.2 trillion.
This would far exceed the size of the current cryptocurrency market and even that of giant companies like Apple or Microsoft.
Such a valuation would require massive adoption at the global level.
XRP price reaching $100 is a theoretical possibility, but highly unlikely in the current environment. Here’s why:
1- Market capitalization
For XRP to reach $100, with a current circulating supply of around 52 billion tokens, it would require a market cap of $5.2 trillion.
This would far exceed the size of the current cryptocurrency market and even that of giant companies like Apple or Microsoft.
Such a valuation would require massive adoption at the global level.
Invest in XRP Now!
Growing Global Adoption: Used by over 100 major financial institutions.
Advanced Technology: Transactions settled in 3-5 seconds at a cost of less than $0.01.
Golden Opportunity: Current price is $2.29, with expectations to rise to $3-$4 in the coming months.
XRP is a near-term investment opportunity you don’t want to miss!
$XRP
#xrp #BTC #Crypto2025Trends
Growing Global Adoption: Used by over 100 major financial institutions.
Advanced Technology: Transactions settled in 3-5 seconds at a cost of less than $0.01.
Golden Opportunity: Current price is $2.29, with expectations to rise to $3-$4 in the coming months.
XRP is a near-term investment opportunity you don’t want to miss!
$XRP
#xrp #BTC #Crypto2025Trends
XRP targets $5, while RCO Finance stands out with its unique AI features.
.
.
XRP
.
As the year draws to an end, the XRP price is making news, approaching its all-time high of $3.40, a mark it attained nearly seven years prior.
XRP to reach $5 on Christmas Day?
After a recent major decline of 9% in the last two weeks, the XRP price has increased by 3.4% to $2.25 within just 24 hours, ending the week above essential support levels.
This recovery sets the XRP price to maintain its remarkable upward trend, having increased more than 100% since November 5, aligning with the political changes in the United States.
$XRP
$BTC #BinanceAlphaAlert #Write2Earn #Squar2earn #xrp #solana
$XRP
.
.
XRP
.
As the year draws to an end, the XRP price is making news, approaching its all-time high of $3.40, a mark it attained nearly seven years prior.
XRP to reach $5 on Christmas Day?
After a recent major decline of 9% in the last two weeks, the XRP price has increased by 3.4% to $2.25 within just 24 hours, ending the week above essential support levels.
This recovery sets the XRP price to maintain its remarkable upward trend, having increased more than 100% since November 5, aligning with the political changes in the United States.
$XRP
$BTC #BinanceAlphaAlert #Write2Earn #Squar2earn #xrp #solana
$XRP
XRP Price Prediction Update
XRP shows slight bullish momentum, bouncing off support at $2.23-$2.20.
If the current wave pattern holds, the next target could be $2.60.
Key levels:
🔸Break above $2.36-$2.40 for confirmation of bullish momentum.
🔸Drop below $2.22 or $1.90 could signal a bearish shift.
Long-term, XRP could target $3 - $3.20 if the structure remains intact.
Watch for potential triangle patterns or corrective waves in the coming days.
$XRP
#xrp #Xrp🔥🔥 #MarketRebound
XRP shows slight bullish momentum, bouncing off support at $2.23-$2.20.
If the current wave pattern holds, the next target could be $2.60.
Key levels:
🔸Break above $2.36-$2.40 for confirmation of bullish momentum.
🔸Drop below $2.22 or $1.90 could signal a bearish shift.
Long-term, XRP could target $3 - $3.20 if the structure remains intact.
Watch for potential triangle patterns or corrective waves in the coming days.
$XRP
#xrp #Xrp🔥🔥 #MarketRebound
$XRP Long Liquidation: $6.4277K at $2.3228
$XRP is facing significant bearish pressure after a major long liquidation, setting the stage for a potential downward move.
Here's a well-analyzed strategy to capitalize on this opportunity:
Entry Point: Enter around $2.32 to align with the downward momentum.
Target: Set your target at $2.10, the next key support level.
Stop Loss: Place your stop loss at $2.40 to limit potential losses.
$XRP is under heavy selling pressure—stay vigilant, act decisively, and capitalize on this bearish trend as XRP moves lower!
#xrp
#MarketRebound
#BinanceAlphaAlert
#BTCNextMove
#CorePCESignalsShift
$XRP is facing significant bearish pressure after a major long liquidation, setting the stage for a potential downward move.
Here's a well-analyzed strategy to capitalize on this opportunity:
Entry Point: Enter around $2.32 to align with the downward momentum.
Target: Set your target at $2.10, the next key support level.
Stop Loss: Place your stop loss at $2.40 to limit potential losses.
$XRP is under heavy selling pressure—stay vigilant, act decisively, and capitalize on this bearish trend as XRP moves lower!
#xrp
#MarketRebound
#BinanceAlphaAlert
#BTCNextMove
#CorePCESignalsShift
#XRP
#xrp $XRP Surges 13% as Ripple Launches RLUSD Stablecoin and Whale Activity Intensifies
Decentralized Dog
December 18, 2024 2 min read
XRP Surges 13% as Ripple Launches RLUSD Stablecoin and Whale Activity Intensifies
XRP Surges 13% as Ripple Launches RLUSD Stablecoin and Whale Activity Intensifies
XRP surged 13% in the past 24 hours, trading at $2.69, with a weekly increase of 21%. This rise coincides with the launch of Ripple’s RLUSD stablecoin, approved by New York regulators. RLUSD transactions burn small amounts of XRP, linking the two assets and fueling investor interest. Ripple CEO Brad Garlinghouse announced RLUSD's availability on platforms such as Uphold, MoonPay and Bitso. Analysts predict RLUSD’s market cap could exceed $1 billion in its initial days.
Whale activity has intensified, with over 830 million XRP purchased over the last day, signaling strong market confidence. CoinMarketCap data shows XRP’s trading volume increased by 156% to $17.4 billion, while year-to-date gains exceed 300%. Despite this bullish momentum, some investors are taking profits, as seen in a recent 69.3 million XRP transaction to Binance. Analysts believe maintaining support above $2.52 is critical, with potential targets at $5.85 and $8.76.
Technical analysis suggests further gains. A bullish flag pattern on the XRP/USDT chart shows support at $1.95 and resistance at $2.72. Analysts like Natalie Dormer and Impulsive Dom highlight short-term consolidation before a possible rally to $4-$5. The RLUSD launch has been identified as a catalyst for renewed bullish sentiment, with analysts projecting XRP could reach $9 if it sustains its momentum.
Ripple’s legal battles with the SEC have also influenced market sentiment. Ripple’s Chief Legal Officer, Stuart Alderoty, criticized the SEC’s planned appeal of a ruling that XRP is not a security, predicting it will backfire and ultimately benefit the crypto industry. The departure of SEC Chair Gary Gensler in November coincided with XRP’s price increasing by over 200%.
Institutional interest in XRP is growing. New York asset manager WisdomTree recently filed for an XRP exchange-traded fund (ETF), which analysts believe could boost demand. Bitrue exchange’s Adam O’Neill expects XRP to achieve a new all-time high by the first quarter of 2025, citing increasing demand and favorable regulatory conditions. He also noted that XRP’s price has risen 400% in the past six weeks.
Ripple’s RLUSD launch and increasing whale activity reflect rising confidence in the asset. While some investors are cashing out, broader market optimism remains strong. XRP’s performance has outpaced Bitcoin’s recent 10% weekly gain, and analysts believe the coin could break key resistance levels, driven by retail and institutional interest. As XRP consolidates gains, its next moves will be closely watched.
Decentralized Dog
December 18, 2024 2 min read
XRP Surges 13% as Ripple Launches RLUSD Stablecoin and Whale Activity Intensifies
XRP Surges 13% as Ripple Launches RLUSD Stablecoin and Whale Activity Intensifies
XRP surged 13% in the past 24 hours, trading at $2.69, with a weekly increase of 21%. This rise coincides with the launch of Ripple’s RLUSD stablecoin, approved by New York regulators. RLUSD transactions burn small amounts of XRP, linking the two assets and fueling investor interest. Ripple CEO Brad Garlinghouse announced RLUSD's availability on platforms such as Uphold, MoonPay and Bitso. Analysts predict RLUSD’s market cap could exceed $1 billion in its initial days.
Whale activity has intensified, with over 830 million XRP purchased over the last day, signaling strong market confidence. CoinMarketCap data shows XRP’s trading volume increased by 156% to $17.4 billion, while year-to-date gains exceed 300%. Despite this bullish momentum, some investors are taking profits, as seen in a recent 69.3 million XRP transaction to Binance. Analysts believe maintaining support above $2.52 is critical, with potential targets at $5.85 and $8.76.
Technical analysis suggests further gains. A bullish flag pattern on the XRP/USDT chart shows support at $1.95 and resistance at $2.72. Analysts like Natalie Dormer and Impulsive Dom highlight short-term consolidation before a possible rally to $4-$5. The RLUSD launch has been identified as a catalyst for renewed bullish sentiment, with analysts projecting XRP could reach $9 if it sustains its momentum.
Ripple’s legal battles with the SEC have also influenced market sentiment. Ripple’s Chief Legal Officer, Stuart Alderoty, criticized the SEC’s planned appeal of a ruling that XRP is not a security, predicting it will backfire and ultimately benefit the crypto industry. The departure of SEC Chair Gary Gensler in November coincided with XRP’s price increasing by over 200%.
Institutional interest in XRP is growing. New York asset manager WisdomTree recently filed for an XRP exchange-traded fund (ETF), which analysts believe could boost demand. Bitrue exchange’s Adam O’Neill expects XRP to achieve a new all-time high by the first quarter of 2025, citing increasing demand and favorable regulatory conditions. He also noted that XRP’s price has risen 400% in the past six weeks.
Ripple’s RLUSD launch and increasing whale activity reflect rising confidence in the asset. While some investors are cashing out, broader market optimism remains strong. XRP’s performance has outpaced Bitcoin’s recent 10% weekly gain, and analysts believe the coin could break key resistance levels, driven by retail and institutional interest. As XRP consolidates gains, its next moves will be closely watched.