XRPWhaleAccumulation
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🔥🏆➡️The best cryptocurrencies of 2023: many confirmations and some surprises in the year-end top
2023 has been a year of decisive changes in the cryptocurrency market. For those who wish to invest in cryptocurrencies in 2024, it is essential to know the financial performance and the best currencies of the year, in order to have clear ideas about their investment interests.
✅➡️The Solana (SOL) crypto has recorded an impressive surge of 703.02% from October to today.
According to the latest data from CoinMarketCap, Solana is trading at $94.70, marking an increase of 8.42%, with a substantial market cap of over $40 billion.
✅➡️Helium (HNT) follows with a gain of 273.59% over the year, trading at a price of $7.28.
✅➡️The crypto Avalanche (AVAX) also recorded a notable increase of 285.01% from one year to the next, as did ✅➡️Stacks, STX, which witnessed a surge of 491.95% in 2023 with a series of advances that should not be underestimated
❤️🔥FOLLOW ME AND SUPPORT ME TO ALWAYS STAY UPDATED ON NEWS AND INSIGHTS OF THE CRYPTO WORLD🔥❤️
2023 has been a year of decisive changes in the cryptocurrency market. For those who wish to invest in cryptocurrencies in 2024, it is essential to know the financial performance and the best currencies of the year, in order to have clear ideas about their investment interests.
✅➡️The Solana (SOL) crypto has recorded an impressive surge of 703.02% from October to today.
According to the latest data from CoinMarketCap, Solana is trading at $94.70, marking an increase of 8.42%, with a substantial market cap of over $40 billion.
✅➡️Helium (HNT) follows with a gain of 273.59% over the year, trading at a price of $7.28.
✅➡️The crypto Avalanche (AVAX) also recorded a notable increase of 285.01% from one year to the next, as did ✅➡️Stacks, STX, which witnessed a surge of 491.95% in 2023 with a series of advances that should not be underestimated
❤️🔥FOLLOW ME AND SUPPORT ME TO ALWAYS STAY UPDATED ON NEWS AND INSIGHTS OF THE CRYPTO WORLD🔥❤️
Again xrp on bullish , i hope its soon go long according to next 12 hours candle. wait and hold . if btc fall under 42,000
then i closed the trade . other wise expected for long . Xrp not hit over stoploss .
let's see what happened .
be patient 😇
#BTC
#XRPWhaleAccumulation
then i closed the trade . other wise expected for long . Xrp not hit over stoploss .
let's see what happened .
be patient 😇
#BTC
#XRPWhaleAccumulation
✨#XRPBullRun (LONG)💲
📌 Entry Range:
🔎1). 0.6280
🔎2). 0.635
⚜️ Leverage: 10x , 20x⚜️
📌 Take Profit :
🎯1). 0.64
🎯2). 0.65
🎯3). 0.66
🎯4). 0.67
for long holding upto 0.80
⚠️ Stop Loss : 0.61👀
✨*@Mahi_queen123*✨
📌 Entry Range:
🔎1). 0.6280
🔎2). 0.635
⚜️ Leverage: 10x , 20x⚜️
📌 Take Profit :
🎯1). 0.64
🎯2). 0.65
🎯3). 0.66
🎯4). 0.67
for long holding upto 0.80
⚠️ Stop Loss : 0.61👀
✨*@Mahi_queen123*✨
According to CryptoPotato, Ripple, the company behind the cryptocurrency XRP, is planning a $285 million share buyback from its earliest investors and employees.
The tender offer would value the company at $11.3 billion and allow investors to sell up to 6% of their stake.
Ripple confirmed the news, stating it would spend $500 million on the buyback, covering both taxes and conversion costs on restricted stock units.
Ripple CEO Brad Garlinghouse clarified that the company has no plans to go public soon due to U.S. regulatory uncertainty.
He added that similar share buybacks will become a common occurrence going forward to create investor liquidity.
Ripple’s balance sheet is currently worth over $26 billion, mostly comprised of units of its cryptocurrency XRP.
XRP’s total market cap is roughly $31 billion, according to CoinGecko.
The asset nearly doubled in value after Ripple won its lawsuit against market regulators in March, with the court ruling that XRP is not a security.
However, it has retraced all of its gains since then. Garlinghouse said that growing in the headwinds of the SEC lawsuit was a challenge, but 95% of Ripple's customers are non-US financial institutions. The CEO did not disclose the size of Ripple’s payments business.
#XRPBullRun #XRPWhaleAccumulation #XRPBreakout #XRP/USDT.P $XRP #BullRunPredictions
The tender offer would value the company at $11.3 billion and allow investors to sell up to 6% of their stake.
Ripple confirmed the news, stating it would spend $500 million on the buyback, covering both taxes and conversion costs on restricted stock units.
Ripple CEO Brad Garlinghouse clarified that the company has no plans to go public soon due to U.S. regulatory uncertainty.
He added that similar share buybacks will become a common occurrence going forward to create investor liquidity.
Ripple’s balance sheet is currently worth over $26 billion, mostly comprised of units of its cryptocurrency XRP.
XRP’s total market cap is roughly $31 billion, according to CoinGecko.
The asset nearly doubled in value after Ripple won its lawsuit against market regulators in March, with the court ruling that XRP is not a security.
However, it has retraced all of its gains since then. Garlinghouse said that growing in the headwinds of the SEC lawsuit was a challenge, but 95% of Ripple's customers are non-US financial institutions. The CEO did not disclose the size of Ripple’s payments business.
#XRPBullRun #XRPWhaleAccumulation #XRPBreakout #XRP/USDT.P $XRP #BullRunPredictions
XRP: Ripple Plans 285$ Million $USD Buyback
According to CryptoPotato, Ripple, the company behind the cryptocurrency $XRP is planning a $285 million share buyback from its earliest investors and employees. The tender offer would value the company at $11.3 billion and allow investors to sell up to 6% of their stake. Ripple confirmed the news, stating it would spend $500 million on the buyback, covering both taxes and conversion costs on restricted stock units.Ripple CEO Brad Garlinghouse clarified that the company has no plans to go public soon due to U.S. regulatory uncertainty. He added that similar share buybacks will become a common occurrence going forward to create investor liquidity. Ripple’s balance sheet is currently worth over $26 billion, mostly comprised of units of its cryptocurrency XRP. XRP’s total market cap is roughly $31 billion, according to CoinGecko.The asset nearly doubled in value after Ripple won its lawsuit against market regulators in March, with the court ruling that XRP is not a security. However, it has retraced all of its gains since then. Garlinghouse said that growing in the headwinds of the SEC lawsuit was a challenge, but 95% of Ripple's customers are non-US financial institutions. The CEO did not disclose the size of Ripple’s payments business.#BTC #etf #XRPBullRun #DYOR🟢. $XRP $BTC
XRP Drama: Whales and Market Moves
Hold on to your digital wallets, crypto enthusiasts! The XRP rollercoaster has been on a wild ride, shedding 10% since January 1st, bringing the XRP/USD exchange rate down to $0.54 during the January 18 US session. Brace yourselves for the details on why this crypto turbulence might not be over. 🎢
🐋 Whale Tales: XRP's Big Splash and Price Plunge 🐋
Whale Alert sounded the alarm on January 17 with reports of two massive XRP transactions. A whopping 46 million XRP tokens made their way to exchanges, with 26.1 million XRP heading to Bitstamp and another 20.1 million to Bitso. The grand total? A staggering $26.4 million moved by these crypto behemoths, potentially triggering more dips in XRP prices. 📉
📊 Data Confirms Whale Exodus 📊
Backing up the whale tale, crypto research platform Messari highlighted a shrinking population of XRP whales. The number of addresses holding over $10 million and $1 million in XRP dropped to 351 and 1,270, respectively. It's not just a trend; it's a potential market indicator. 📉📉
💼 Ripple's Ripple Effect: Dumping XRP Holdings 💼
Adding fuel to the fire, Whale Alert reported that Ripple itself might have kickstarted the whale dump. On January 16, the company transferred a hefty 80 million XRP tokens to parts unknown, essentially offloading two-thirds of its XRP holdings, valued at over $46 million. 🚀💔
🐳 Why Whale Moves Matter to XRP Prices 🐳
Whale behavior often acts as a 'canary in the coalmine' for the broader retail investor community. Their actions, like massive sell-offs, can create significant selling pressure and influence market dynamics. Were the whales spooked by the recent Bitfinex attack? On-chain tracker Santiment suggests lingering FUD (Fear, Uncertainty, Doubt). 🚨🤔
📈 What's Next for XRP? Your Opinion Matters! 📈
As the XRP drama unfolds, we want to hear from you. Do you think the whales are signaling a storm, or is this just a crypto squall passing by? Share your thoughts below! 👇
👍 Like, Share, and Follow @MemeLauncher for More Crypto Insights! 👍
💰 Tip the Creator: Support the Crypto Conversation! 💰
If you found this insight valuable, consider leaving a tip in crypto. Your support keeps the crypto conversation alive and thriving! 🌐🚀
#XRPDrama #CryptoWhales #TokenMaestroInsights #XRP #XRPWhaleAccumulation $XRP
🐋 Whale Tales: XRP's Big Splash and Price Plunge 🐋
Whale Alert sounded the alarm on January 17 with reports of two massive XRP transactions. A whopping 46 million XRP tokens made their way to exchanges, with 26.1 million XRP heading to Bitstamp and another 20.1 million to Bitso. The grand total? A staggering $26.4 million moved by these crypto behemoths, potentially triggering more dips in XRP prices. 📉
📊 Data Confirms Whale Exodus 📊
Backing up the whale tale, crypto research platform Messari highlighted a shrinking population of XRP whales. The number of addresses holding over $10 million and $1 million in XRP dropped to 351 and 1,270, respectively. It's not just a trend; it's a potential market indicator. 📉📉
💼 Ripple's Ripple Effect: Dumping XRP Holdings 💼
Adding fuel to the fire, Whale Alert reported that Ripple itself might have kickstarted the whale dump. On January 16, the company transferred a hefty 80 million XRP tokens to parts unknown, essentially offloading two-thirds of its XRP holdings, valued at over $46 million. 🚀💔
🐳 Why Whale Moves Matter to XRP Prices 🐳
Whale behavior often acts as a 'canary in the coalmine' for the broader retail investor community. Their actions, like massive sell-offs, can create significant selling pressure and influence market dynamics. Were the whales spooked by the recent Bitfinex attack? On-chain tracker Santiment suggests lingering FUD (Fear, Uncertainty, Doubt). 🚨🤔
📈 What's Next for XRP? Your Opinion Matters! 📈
As the XRP drama unfolds, we want to hear from you. Do you think the whales are signaling a storm, or is this just a crypto squall passing by? Share your thoughts below! 👇
👍 Like, Share, and Follow @MemeLauncher for More Crypto Insights! 👍
💰 Tip the Creator: Support the Crypto Conversation! 💰
If you found this insight valuable, consider leaving a tip in crypto. Your support keeps the crypto conversation alive and thriving! 🌐🚀
#XRPDrama #CryptoWhales #TokenMaestroInsights #XRP #XRPWhaleAccumulation $XRP
#XRPWhaleAccumulation always to the moon.
LIVE
Kri
--
Ripple will unlock 1 billion XRP on January 1 – What to expect?
On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system of the XRP Ledger. On January 1 (Monday), the company will unlock $620 million worth of tokens in three transactions of 100 million, 400 million, and 500 million XRP.
Interestingly, January 2024’s unlock accrues for 1.84% of the current 53.56 billion circulating supply and 2.17% of the remaining 45.87 billion XRP tokens under Ripple’s control. The latter are still locked in escrows to be released monthly until May 2027.
Three escrows will reach finality in the last minutes of 2023, held by two known crypto wallet addresses owned by Ripple. In particular, ‘Ripple (22)’ will unlock 500 million XRP, previously locked in November 2019.
Further, ‘Ripple (23)’ will unlock 100 million and 400 million tokens, locked in December and November 2019, respectively. These two addresses still hold 2 billion XRP tokens for monthly escrows that will be unlocked within the next two months until March 1, 2024.
1 billion XRP tokens were unlocked, as expected, on December 1. Ripple immediately relocked 800 million (80%) of the total to escrows set to finalize by April and May 2027.
Notably, despite keeping only 200 million XRP, the company spent 310 million tokens ($192 million) from its main address, ‘Ripple 1,’ in December. The sell-offs occurred weekly in four transactions, all sent to the same address, ‘rP4X2…Kxv3’:
As developed, Ripple sent the 200 million XRP to its reserves on December 1. Further, the payment protocol made two transactions of 60 million tokens each on December 6 and 12 and a 120 million XRP payment on December 20. Finally, a 70 million transaction on December 27.
How does the escrow system work for Ripple unlocks?
Ripple created XRP in 2012, with a capped total supply of 100 billion XRP. The company then distributed 20 billion XRP to the creators and the core team.
Ripple’s treasury controlled the remaining 80 billion XRP and promised to release these coins gradually rather than all at once. In 2017, Ripple implemented a new system to make the release of XRP more predictable and controlled.
This system uses escrows — a smart contract that locks up XRP, making it impossible to use them unless it meets certain conditions. Ripple’s condition was to release one billion XRP on the first day of each month for 55 months, for a total of 55 billion XRP.
However, despite a monthly release of one billion XRP, Ripple only spent or sold some of them. Instead, Ripple is reportedly locking up the remaining monthly tokens in new escrows for future releases. The recurrent relocks extended the 55-month deadline for all XRP to start circulating.
These sales constitute XRP’s supply inflation, as the unlocked tokens start circulating each month. Essentially, Ripple can directly affect the economic dynamics of its token and its future price and value, as previously reported by Finbold.
Interestingly, January 2024’s unlock accrues for 1.84% of the current 53.56 billion circulating supply and 2.17% of the remaining 45.87 billion XRP tokens under Ripple’s control. The latter are still locked in escrows to be released monthly until May 2027.
Three escrows will reach finality in the last minutes of 2023, held by two known crypto wallet addresses owned by Ripple. In particular, ‘Ripple (22)’ will unlock 500 million XRP, previously locked in November 2019.
Further, ‘Ripple (23)’ will unlock 100 million and 400 million tokens, locked in December and November 2019, respectively. These two addresses still hold 2 billion XRP tokens for monthly escrows that will be unlocked within the next two months until March 1, 2024.
1 billion XRP tokens were unlocked, as expected, on December 1. Ripple immediately relocked 800 million (80%) of the total to escrows set to finalize by April and May 2027.
Notably, despite keeping only 200 million XRP, the company spent 310 million tokens ($192 million) from its main address, ‘Ripple 1,’ in December. The sell-offs occurred weekly in four transactions, all sent to the same address, ‘rP4X2…Kxv3’:
As developed, Ripple sent the 200 million XRP to its reserves on December 1. Further, the payment protocol made two transactions of 60 million tokens each on December 6 and 12 and a 120 million XRP payment on December 20. Finally, a 70 million transaction on December 27.
How does the escrow system work for Ripple unlocks?
Ripple created XRP in 2012, with a capped total supply of 100 billion XRP. The company then distributed 20 billion XRP to the creators and the core team.
Ripple’s treasury controlled the remaining 80 billion XRP and promised to release these coins gradually rather than all at once. In 2017, Ripple implemented a new system to make the release of XRP more predictable and controlled.
This system uses escrows — a smart contract that locks up XRP, making it impossible to use them unless it meets certain conditions. Ripple’s condition was to release one billion XRP on the first day of each month for 55 months, for a total of 55 billion XRP.
However, despite a monthly release of one billion XRP, Ripple only spent or sold some of them. Instead, Ripple is reportedly locking up the remaining monthly tokens in new escrows for future releases. The recurrent relocks extended the 55-month deadline for all XRP to start circulating.
These sales constitute XRP’s supply inflation, as the unlocked tokens start circulating each month. Essentially, Ripple can directly affect the economic dynamics of its token and its future price and value, as previously reported by Finbold.
HOW TO GAIN FREE RIPPLE (xrp)
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Hi Everyone I wanna show you how you could simply get free xrp token via faucet..
STEP ONE
Go to site via the link 👉🏽👉🏽 https://faucetearner.org/?r=376839612773
STEP TWO
Fill in details to complete registration
STEP THREE
Go to faucet and click on claim now and your free xrp would be add to your dashboard…
Note: you always have to click on claim now whenever it’s active to gain more xrp and you should do that before the time runs out.
STEP FOUR
For withdrawals: Go to withdrawals input your Xrp wallet address and tag, click on withdraw and your xrp would be added to your binance..
Make sure to follow for more free crypto updates. I’ll be dropping more free crypto updates whenever I can.
#tipthecreator #BTC #Launchpool #XRPWhaleAccumulation #AirdropOpportunity
Plan to trade XRP? Here’s what you should now
XRP has undergone a sharp short-term price correction after trading within a consolidated zone for several months despite gaining partial legal clarity that deemed it not a security.
As the new week begins, XRP and the broader cryptocurrency market face critical moments, with all eyes on the anticipated spot Bitcoin (BTC) exchange-traded fund (ETF) approval. This event is closely monitored for its potential impact on the market.
In this line, crypto analyst Cryptoinsightsuk, in an X (formerly Twitter) post on January 7, highlighted the significance of this event and its potential influence on the trajectory of XRP. From his perspective, XRP is poised for a breakout, but investors need to monitor various developments closely.
The expert emphasized the importance of XRP holding a weekly close above $0.5636. This level is considered pivotal, with XRP having reacted to it multiple times over the past seven years, both as support and resistance.
The analyst pointed out that the current technical characteristics of XRP resemble those of previous bear markets.
He also observed a tight consolidation structure in XRP. From a technical standpoint, the rising consolidation is considered a more bullish structure than that seen in 2017.
#XAI #XRPWhaleAccumulation #XRPUnlock
XRP has undergone a sharp short-term price correction after trading within a consolidated zone for several months despite gaining partial legal clarity that deemed it not a security.
As the new week begins, XRP and the broader cryptocurrency market face critical moments, with all eyes on the anticipated spot Bitcoin (BTC) exchange-traded fund (ETF) approval. This event is closely monitored for its potential impact on the market.
In this line, crypto analyst Cryptoinsightsuk, in an X (formerly Twitter) post on January 7, highlighted the significance of this event and its potential influence on the trajectory of XRP. From his perspective, XRP is poised for a breakout, but investors need to monitor various developments closely.
The expert emphasized the importance of XRP holding a weekly close above $0.5636. This level is considered pivotal, with XRP having reacted to it multiple times over the past seven years, both as support and resistance.
The analyst pointed out that the current technical characteristics of XRP resemble those of previous bear markets.
He also observed a tight consolidation structure in XRP. From a technical standpoint, the rising consolidation is considered a more bullish structure than that seen in 2017.
#XAI #XRPWhaleAccumulation #XRPUnlock
"Exclusive: Ripple CTO Reveals Intricacies Behind 25 Billion XRP Transaction Attempt"
The Ripple CTO David Schwartz recently shed light on the 25 billion XRP transaction attempt, which sought to exploit Bitfinex by leveraging the XRP Ledger (XRPL) partial payments feature.
Read more on: https://thecryptobasic.com/2024/01/16/ripple-cto-sheds-light-on-25-billion-xrp-transaction-attempt/
#XRPUnleashed #XRPUnlock #XRPWhaleAccumulation #cryptoleads #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/16/ripple-cto-sheds-light-on-25-billion-xrp-transaction-attempt/
#XRPUnleashed #XRPUnlock #XRPWhaleAccumulation #cryptoleads #CryptoNews🔒📰🚫
See original
SEC called for Ripple to be required to submit financial statements for 2022-2023
On January 11, the US Securities and Exchange Commission (SEC), as part of the proceedings in a lawsuit against the fintech company Ripple, filed a petition in the District Court for the Southern District of New York. The SEC called on Judge Sarah Netburn to order Ripple to provide financial statements for the period from 2022 to 2023, as well as "post-suit contracts governing 'institutional sales.'" Ripple filed a request for an additional two days (January 19 instead of January 17) to respond to the petition.
SEC Petition
#XRPBullRun #XRPWhaleAccumulation #XRPSurge #XRPInvestment #RippleUpdate
$XRP
On January 11, the US Securities and Exchange Commission (SEC), as part of the proceedings in a lawsuit against the fintech company Ripple, filed a petition in the District Court for the Southern District of New York. The SEC called on Judge Sarah Netburn to order Ripple to provide financial statements for the period from 2022 to 2023, as well as "post-suit contracts governing 'institutional sales.'" Ripple filed a request for an additional two days (January 19 instead of January 17) to respond to the petition.
SEC Petition
#XRPBullRun #XRPWhaleAccumulation #XRPSurge #XRPInvestment #RippleUpdate
$XRP
*Headline:* XRP Sees Massive Upside Momentum as 3 Billion Coins Moved in 24 Hours
: The Ripple Labs-backed cryptocurrency, XRP, has seen a significant increase in value following massive whale and escrow movements today, July 2.
: On-chain insights from Whale Alert reveal that nearly 3 billion XRP were shuffled in the past 24 hours, sparking intense speculation about the coin's future price movements.
: According to the data, 1 billion XRP, worth $476 million, was unlocked via escrow at two unknown wallets.
:The massive movement has piqued investor interest, and many are now watching XRP's next moves closely.
.#Xrp🔥🔥 #XRP_ETF #XRPInvestment #XRPWhaleAccumulation
: The Ripple Labs-backed cryptocurrency, XRP, has seen a significant increase in value following massive whale and escrow movements today, July 2.
: On-chain insights from Whale Alert reveal that nearly 3 billion XRP were shuffled in the past 24 hours, sparking intense speculation about the coin's future price movements.
: According to the data, 1 billion XRP, worth $476 million, was unlocked via escrow at two unknown wallets.
:The massive movement has piqued investor interest, and many are now watching XRP's next moves closely.
.#Xrp🔥🔥 #XRP_ETF #XRPInvestment #XRPWhaleAccumulation
Ripple’s (XRP) price stalled into a consolidation phase in December along with Bitcoin. But the blue-chip, large-cap cryptocurrency could make waves again.
XRP performed fantastically in 2023, with 87% YTD gains the final week in December and an eye on $1 in 2024. That’s impressive, given Ripple’s legal woes with the SEC lawsuit since 2020.
In December, XRP’s price continues to trade with support at $0.62 and a descending line of resistance from $0.72 on Nov. 6 to $0.67 on Dec. 8 to $0.65 on Dec. 25.
In any case, it’s important to look at some of the key dates that are approaching in Ripple’s lawsuit that may serve as a catalyst for developments in XRP’s price. It’s also worth mentioning that there are other legal proceedings taking place simultaneously, which may impact the way the Ripple v. SEC case unfolds.#XRPWhaleAccumulation #XRP/USDT.P $XRP
XRP performed fantastically in 2023, with 87% YTD gains the final week in December and an eye on $1 in 2024. That’s impressive, given Ripple’s legal woes with the SEC lawsuit since 2020.
In December, XRP’s price continues to trade with support at $0.62 and a descending line of resistance from $0.72 on Nov. 6 to $0.67 on Dec. 8 to $0.65 on Dec. 25.
In any case, it’s important to look at some of the key dates that are approaching in Ripple’s lawsuit that may serve as a catalyst for developments in XRP’s price. It’s also worth mentioning that there are other legal proceedings taking place simultaneously, which may impact the way the Ripple v. SEC case unfolds.#XRPWhaleAccumulation #XRP/USDT.P $XRP
XRP Price Prediction: Analysts Expect An XRP Pump In The Coming Weeks
The XRP community buzzed with excitement on December 23 when Whale Alert announced a significant transfer of 20 million XRP (equivalent to $12,209,971). The funds moved from an undisclosed wallet to the Bybit crypto exchange, triggering speculation and inquiries into the purpose behind this substantial transaction.XRP has dipped marginally following this news. On December 22, XRP traded at $0.625, but it dropped to $0.620 on December 23, signifying a 0.80% dip. Meanwhile, analysts are positive about the value of XRP moving forward because of the innovations in its ecosystem. Thus, they have forecasted that XRP will trade at $1.120 by the first quarter of 2024.On the other hand, investors are pessimistic about XRP because the token has not experienced a significant rise in recent weeks. As such, they expect XRP to dip to $0.590 by the end of December. With this negative outlook for XRP, market experts are optimistic that Rebel Satoshi is a good crypto to buy.#XRP/USDT.P #XRPWhaleAccumulation #xrp $XRP
XRP Price Prediction: Expert Anticipates Surge to $3.7
Ripple's XRP has recently taken the spotlight due to an analyst's insights hinting at a potential surge in its market value. Amidst its ongoing consolidation phase, Ripple exhibits promising signals that could lead to a substantial price increase, potentially reaching $3.70.
Presently valued at $0.6282, XRP is navigating a consolidation period along a slanted trend line, reminiscent of past cycles where the asset experienced noteworthy growth following similar patterns. In 2021, XRP recorded an impressive 500% gain, peaking at $1.60. Leveraging this historical precedent and considering current market conditions, the expert's forecast envisions a potential surge.
Technical analysis sourced from TradingView reflects a robust bullish sentiment, supported by a 'strong buy' rating backed by moving averages and oscillators. The trading volume for Ripple has surged by 38%, reaching $1.9 billion, reinforcing the optimistic outlook. Additionally, the emergence of a vibrant green Super Guppy, a cluster of moving averages indicating trend strength, signals a bullish trajectory for XRP.
Renowned analyst Egrag Crypto anticipates a pivotal period for XRP between December 2023 and February 2024, foreseeing substantial price movements that could present lucrative opportunities for investors. The analysis recommends consolidating both dollars and other cryptocurrency gains into XRP during this window, potentially amplifying portfolios by six to seven times.
#XRPWhaleAccumulation #XRP/USDT.P #RippUpdate #XRPBreakout
Ripple's XRP has recently taken the spotlight due to an analyst's insights hinting at a potential surge in its market value. Amidst its ongoing consolidation phase, Ripple exhibits promising signals that could lead to a substantial price increase, potentially reaching $3.70.
Presently valued at $0.6282, XRP is navigating a consolidation period along a slanted trend line, reminiscent of past cycles where the asset experienced noteworthy growth following similar patterns. In 2021, XRP recorded an impressive 500% gain, peaking at $1.60. Leveraging this historical precedent and considering current market conditions, the expert's forecast envisions a potential surge.
Technical analysis sourced from TradingView reflects a robust bullish sentiment, supported by a 'strong buy' rating backed by moving averages and oscillators. The trading volume for Ripple has surged by 38%, reaching $1.9 billion, reinforcing the optimistic outlook. Additionally, the emergence of a vibrant green Super Guppy, a cluster of moving averages indicating trend strength, signals a bullish trajectory for XRP.
Renowned analyst Egrag Crypto anticipates a pivotal period for XRP between December 2023 and February 2024, foreseeing substantial price movements that could present lucrative opportunities for investors. The analysis recommends consolidating both dollars and other cryptocurrency gains into XRP during this window, potentially amplifying portfolios by six to seven times.
#XRPWhaleAccumulation #XRP/USDT.P #RippUpdate #XRPBreakout
#XRPWhaleAccumulation
XRP's going down Don't BUY yet!
On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system of the XRP Ledger. On January 1 (Monday), the company will unlock $620 million worth of tokens in three transactions of 100 million, 400 million, and 500 million XRP.
Interestingly, January 2024’s unlock accrues for 1.84% of the current 53.56 billion circulating supply and 2.17% of the remaining 45.87 billion XRP tokens under Ripple’s control. The latter are still locked in escrows to be released monthly until May 2027.
Three escrows will reach finality in the last minutes of 2023, held by two known crypto wallet addresses owned by Ripple. In particular, ‘Ripple (22)’ will unlock 500 million XRP, previously locked in November 2019.
Ripple 22 assets – escrows. Source: XRP Scan
Further, ‘Ripple (23)’ will unlock 100 million and 400 million tokens, locked in December and November 2019, respectively. These two addresses still hold 2 billion XRP tokens for monthly escrows that will be unlocked within the next two months until March 1, 2024.
Ripple 23 assets – escrows. Source: XRP Scan
This is what Ripple did to the 1 billion XRP released in December
SOURCE: Finbold.com "Ripple will unlock 1 billion XRP on January 1 – What to expect?"
Be wary of the events to come next year. Best to do your research before buying. Personally I think buy price best at 0.6180-0.6220
XRP's going down Don't BUY yet!
On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system of the XRP Ledger. On January 1 (Monday), the company will unlock $620 million worth of tokens in three transactions of 100 million, 400 million, and 500 million XRP.
Interestingly, January 2024’s unlock accrues for 1.84% of the current 53.56 billion circulating supply and 2.17% of the remaining 45.87 billion XRP tokens under Ripple’s control. The latter are still locked in escrows to be released monthly until May 2027.
Three escrows will reach finality in the last minutes of 2023, held by two known crypto wallet addresses owned by Ripple. In particular, ‘Ripple (22)’ will unlock 500 million XRP, previously locked in November 2019.
Ripple 22 assets – escrows. Source: XRP Scan
Further, ‘Ripple (23)’ will unlock 100 million and 400 million tokens, locked in December and November 2019, respectively. These two addresses still hold 2 billion XRP tokens for monthly escrows that will be unlocked within the next two months until March 1, 2024.
Ripple 23 assets – escrows. Source: XRP Scan
This is what Ripple did to the 1 billion XRP released in December
SOURCE: Finbold.com "Ripple will unlock 1 billion XRP on January 1 – What to expect?"
Be wary of the events to come next year. Best to do your research before buying. Personally I think buy price best at 0.6180-0.6220
💹 Unlocking Crypto Millionaire Status: 3 Red-Hot Megatrends for 2024! 🚀🔥
1. 🚀 Bitcoin Goes Mainstream in 2024!
Bitcoin (BTC) is gearing up for a monumental shift as it aims to go truly mainstream. The launch of the first-ever spot Bitcoin ETF for the U.S. market is set to redefine accessibility. This groundbreaking financial product is expected to inject a substantial $25 billion or more into crypto, making Bitcoin more acceptable to a broader audience. Say goodbye to the complexities of crypto exchanges and wallets—investing in Bitcoin will soon be as easy as any other ETF, marking a critical milestone for the cryptocurrency.
2. 🔄 Start of the Next Big Crypto Cycle: Bitcoin Halving in April 2024!
Anticipation is building for the Bitcoin halving scheduled for April 2024, a once-every-four-years event that historically triggers bull market rallies. Morgan Stanley emphasizes the importance of investing at the start of this cycle, comparing it to planting seedlings at the right time for optimal growth.
3. 💎 Rise of New Digital Assets: Embracing Asset Tokenization!
Witness the rise of innovative digital assets created through blockchain technology. Beyond traditional cryptocurrencies, these assets, such as Bitcoin Ordinals, NFTs, and virtual real estate in the metaverse, are reshaping the investment landscape. Keep an eye on the transformative trend of "asset tokenization," converting real-world assets into digital form on the blockchain. Estimates suggest this could evolve into a colossal $10 trillion market opportunity, offering investors a diverse range of assets to explore and trade.
🌐 For more insights into crypto megatrends and investment strategies, follow The Blockopedia!
#BTC #XRPBullRun #XRPWhaleAccumulation #Cryptocurrency #crypto2024
1. 🚀 Bitcoin Goes Mainstream in 2024!
Bitcoin (BTC) is gearing up for a monumental shift as it aims to go truly mainstream. The launch of the first-ever spot Bitcoin ETF for the U.S. market is set to redefine accessibility. This groundbreaking financial product is expected to inject a substantial $25 billion or more into crypto, making Bitcoin more acceptable to a broader audience. Say goodbye to the complexities of crypto exchanges and wallets—investing in Bitcoin will soon be as easy as any other ETF, marking a critical milestone for the cryptocurrency.
2. 🔄 Start of the Next Big Crypto Cycle: Bitcoin Halving in April 2024!
Anticipation is building for the Bitcoin halving scheduled for April 2024, a once-every-four-years event that historically triggers bull market rallies. Morgan Stanley emphasizes the importance of investing at the start of this cycle, comparing it to planting seedlings at the right time for optimal growth.
3. 💎 Rise of New Digital Assets: Embracing Asset Tokenization!
Witness the rise of innovative digital assets created through blockchain technology. Beyond traditional cryptocurrencies, these assets, such as Bitcoin Ordinals, NFTs, and virtual real estate in the metaverse, are reshaping the investment landscape. Keep an eye on the transformative trend of "asset tokenization," converting real-world assets into digital form on the blockchain. Estimates suggest this could evolve into a colossal $10 trillion market opportunity, offering investors a diverse range of assets to explore and trade.
🌐 For more insights into crypto megatrends and investment strategies, follow The Blockopedia!
#BTC #XRPBullRun #XRPWhaleAccumulation #Cryptocurrency #crypto2024
📈 XRP Price Prediction: Bullish Signals Pointing to a Potential Breakout!
In a market characterized by volatility, the XRP price maintains an indecisive trend, encapsulated within a symmetrical triangle on the daily chart. Yet, a promising development emerges as the morning star pattern appears at the base trendline, teasing the potential for a significant bounce back. This could set the stage for a breakout, presenting an enticing opportunity for traders.
📊 Key Technical Insights:
Symmetrical Triangle Dynamics: The current technical chart reveals a symmetrical triangle pattern, triggering repeated reversals and bounces within its confines. The market is keenly responsive to this pattern, suggesting a potential setup for a notable move.
Morning Star Candle Pattern: Priced at $0.6264, XRP is exhibiting a modest recovery from the support trendline, driven by the morning star candle pattern. This signals a possible rally towards the upper resistance trendline of the triangle.
💹 Potential Price Movement:
Short-Term Rally: A bullish reversal at the lower trendline could lead to a quick 6% jump in the XRP price.
Triangle Formation Dynamics: While maintaining the symmetrical triangle, XRP is likely to experience limited fluctuations until reaching the apex of the pattern.
Post-Breakout Momentum: If the breakout occurs, a jump to $0.81 is anticipated, marking a substantial 28% increase.
🔔 What Lies Ahead:
Neutral Market Outlook: The current market outlook, influenced by the symmetrical triangle, appears neutral. However, the morning star pattern introduces optimism for a bounce back, potentially intensifying buying pressure.
Downside Risk: A breach below the support trendline might lead to a downturn, with the XRP price potentially falling to $0.53.
🚀 Stay Tuned for Updates! Follow The Blockopedia for Real-time Crypto Insights.
#XRPBullRun #XRPWhaleAccumulation #XRPSurge #Cryptocurrency #crypto2024
In a market characterized by volatility, the XRP price maintains an indecisive trend, encapsulated within a symmetrical triangle on the daily chart. Yet, a promising development emerges as the morning star pattern appears at the base trendline, teasing the potential for a significant bounce back. This could set the stage for a breakout, presenting an enticing opportunity for traders.
📊 Key Technical Insights:
Symmetrical Triangle Dynamics: The current technical chart reveals a symmetrical triangle pattern, triggering repeated reversals and bounces within its confines. The market is keenly responsive to this pattern, suggesting a potential setup for a notable move.
Morning Star Candle Pattern: Priced at $0.6264, XRP is exhibiting a modest recovery from the support trendline, driven by the morning star candle pattern. This signals a possible rally towards the upper resistance trendline of the triangle.
💹 Potential Price Movement:
Short-Term Rally: A bullish reversal at the lower trendline could lead to a quick 6% jump in the XRP price.
Triangle Formation Dynamics: While maintaining the symmetrical triangle, XRP is likely to experience limited fluctuations until reaching the apex of the pattern.
Post-Breakout Momentum: If the breakout occurs, a jump to $0.81 is anticipated, marking a substantial 28% increase.
🔔 What Lies Ahead:
Neutral Market Outlook: The current market outlook, influenced by the symmetrical triangle, appears neutral. However, the morning star pattern introduces optimism for a bounce back, potentially intensifying buying pressure.
Downside Risk: A breach below the support trendline might lead to a downturn, with the XRP price potentially falling to $0.53.
🚀 Stay Tuned for Updates! Follow The Blockopedia for Real-time Crypto Insights.
#XRPBullRun #XRPWhaleAccumulation #XRPSurge #Cryptocurrency #crypto2024
🔥 Ripple Labs is preparing to buy back $285 million worth of shares from initial investors and employees, valuing the company at $11.3 billion. It's good and bad at the same time 😫
- Good news: This can be seen as a preparation for a stock market listing (IPO).
- Bad news: Ripple has sold more XRP than usual last month, possibly to raise funds for the share buyback.
$XRP #XRPWhaleAccumulation
- Good news: This can be seen as a preparation for a stock market listing (IPO).
- Bad news: Ripple has sold more XRP than usual last month, possibly to raise funds for the share buyback.
$XRP #XRPWhaleAccumulation
XRP Conundrum: Will it Rise from the Ashes or Take a Tumble
US Asset Management businesses are expected to file Ripple (XRP) ETF applications with the SEC in April 2024.The crypto market is keenly monitoring developments with Bitcoin spot ETFs, which are likely to have a substantial influence.Ongoing legal challenges in the cryptocurrency field, such as Zakinov vs. Ripple, are impacting investor attitude and appetite.
According to Coingabbar Price Analysis, The XRP price is currently influenced by a triangle pattern, suggesting a potential extension of its sideways trend.Within this pattern, there is a possibility of renewed buying interest at the lower trendline, as observed by market participants.Despite a broader market sell-off on January 3rd, XRP displayed a rejection at the support level, signaling sustained buying activity.Examining the daily chart, a downward-sloping resistance trendline acts as a significant barrier, preventing a prolonged correction for this altcoin.As long as the chart pattern remains intact, the XRP price is anticipated to maintain its sideways movement.To resume its recovery trend, XRP requires a bullish breakout from the triangle pattern.A successful break above the overhead trendline holds the potential to provide substantial support for a sustained directional trend.Conversely, a breakdown below the triangle pattern could lead to a dip below the $0.4 mark for the altcoin.
KEY LEVELS :
RESISTANCE LEVEL : $0.5700-$0.5900
SUPPORT LEVEL : $0.5350-$0.5150
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#XRPBullRun #XRPWhaleAccumulation #dyor #DYOR🟢 #crypto2024 @Coingabbar Analysis @Binance_Pay_Official @CZ $XRP
According to Coingabbar Price Analysis, The XRP price is currently influenced by a triangle pattern, suggesting a potential extension of its sideways trend.Within this pattern, there is a possibility of renewed buying interest at the lower trendline, as observed by market participants.Despite a broader market sell-off on January 3rd, XRP displayed a rejection at the support level, signaling sustained buying activity.Examining the daily chart, a downward-sloping resistance trendline acts as a significant barrier, preventing a prolonged correction for this altcoin.As long as the chart pattern remains intact, the XRP price is anticipated to maintain its sideways movement.To resume its recovery trend, XRP requires a bullish breakout from the triangle pattern.A successful break above the overhead trendline holds the potential to provide substantial support for a sustained directional trend.Conversely, a breakdown below the triangle pattern could lead to a dip below the $0.4 mark for the altcoin.
KEY LEVELS :
RESISTANCE LEVEL : $0.5700-$0.5900
SUPPORT LEVEL : $0.5350-$0.5150
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#XRPBullRun #XRPWhaleAccumulation #dyor #DYOR🟢 #crypto2024 @Coingabbar Analysis @Binance_Pay_Official @CZ $XRP
"Holding XRP for Over a Year? Selling Now Might Not Be Wise, Here's Why"
Renowned attorney Jeremy Hogan has issued guidance to XRP holders targeted at assisting them in maximizing crypto tax obligation.
Read more on: https://thecryptobasic.com/2024/01/02/expert-advises-against-selling-xrp-held-for-over-1-year-heres-why/
#XRPBullRun #XRPWhaleAccumulation #XRPBreakout #CryptonewswithJack #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/02/expert-advises-against-selling-xrp-held-for-over-1-year-heres-why/
#XRPBullRun #XRPWhaleAccumulation #XRPBreakout #CryptonewswithJack #CryptoNews🔒📰🚫