Yesterday, trading pairs involving the Korean won on domestic exchanges experienced an abrupt sell-off. Bitcoin saw its price drop sharply to $79,167, while XRP declined to $1.89. However, markets have since shown signs of recovery. Breaking: The all Korean won trading pairs on Korean exchanges suddenly began to plummet, with […]
Tag: ripple
RIPPLE PRICE ANALYSIS & PREDICTION (December 3) – XRP Rallies Near ATH Following A Staggering 500% Gains In A Month, Incoming Break Up?
Bouncing back from a three-day pullback late last month, XRP resumed buying and rallied by over 100% to near its all-time high. Facing a slight rejection, it appears indecisive while remaining strongly bullish. The past week saw XRP through another stunning rally as it doubled its price to hit a […]
RIPPLE PRICE ANALYSIS & PREDICTION (November 28) – XRP May Lose Momentum If $1.2 Fails To Hold, Remains Bullish
After breaking out massively to a two-year high a few days ago, Ripple’s XRP cooled off buying after registering a roughly 200% gain in a month. It faced rejections and now struggles to push back as sellers show interest. The last three weeks have been stunning for XRP as it […]
XRP Surges As Whales Accumulate, Gensler Resigns, And Société Générale Embraces The XRP Ledger
XRP is gaining significant momentum, fueled by bullish market activity and major industry developments. Wallets holding at least 1 million XRP now collectively own 45.61 billion tokens, marking the highest level of accumulation since June 2018. Over the past two years, whales and sharks have reversed their previous selling trends, […]
RIPPLE PRICE ANALYSIS & PREDICTION (November 14) –XRP Tests 8-Month High After Breakout, Now Faces Rejection
As many altcoins turn red amid the current market drop, XRP remains strong and continues to trade in a green zone. However, it has seen a slight drop today but the price is still up by 7% in the past hours. Last month saw XRP through a notable reduction as […]
Ripple’s Q3 2024 XRP Markets Report Shows Major Gains Amid Key Partnerships And Growing Institutional Interest
Ripple’s Q3 2024 XRP Markets Report is out, highlighting pivotal developments and promising metrics for the XRP ecosystem. This quarter has been eventful, marked by significant advancements in the market, including partnerships and strategic milestones that signal a strong outlook for XRP. The Q3 ‘24 XRP Markets Report is now […]
Ripple Set To Replace SWIFT As MasterCard Eyes XRPL Integration; CTF Token Poised For Massive Growth
MasterCard’s CEO has announced Ripple’s anticipated replacement of SWIFT, with integration talks for the XRP Ledger (XRPL) already in progress. This development could fundamentally reshape the future of cross-border payments and amplify XRPL’s role in the global financial ecosystem. Amid these advancements, the CTF token—the leading DeFi token on the […]
RIPPLE PRICE ANALYSIS & PREDICTION (October 28) – XRP Turns Bearish Amid Fresh Meltdown, Posts 7% Loss In A Week
As the crypto market took a downturn this week, XRP lost some chunk of dollars and dipped below a key support level. It has recovered a little in the past hours but is now trading back in a downward range. Following several failed attempts to advance bullish actions in the […]
XRP Ledger Shows Varied Performance Amidst Ripple Co-Founder’s Significant Donation
From September 15 to October 15, 2023, the XRP Ledger displayed a nuanced performance across several key metrics. While new wallet creations surged by 10.39%, transactions and payments experienced a decline during this period. Notably, NFT and token trading saw a downturn, contrasting with a notable 17.64% increase in decentralized […]
Ripple Partners Announce Support For RLUSD Stablecoin, While XRP Smashes Transaction Records
Ripple has unveiled its first exchange and platform partners for the upcoming RLUSD stablecoin, which is set to launch on both the XRP Ledger and Ethereum. The list of partners includes notable names such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. Additionally, market makers B2C2 and Keyrock […]
RIPPLE PRICE ANALYSIS & PREDICTION (October 7) – XRP Decides Next Move Amid Slight Market Recovery, Where Next?
Amid this week’s meltdown, XRP lost momentum after failing to sustain buying above a key level. It appears bearish on the day but is currently indecisive as it decides on the next move with a 15% loss in a week. During last month’s trading, XRP’s price rose briefly above the […]
RIPPLE PRICE ANALYSIS & PREDICTION (September 27) – XRP Stays Calm Amid Latest Upsurge, Huge Explosion Lies Ahead
Amid latest market upsurges, XRP continued to trade sideways following multiple failed attempts to surpass a key price level. However, its market structure is still bullish monthly but a major breakout is needed. Following a retracement move from the critical $0.64 level that has been acting as critical resistance since […]
RIPPLE PRICE ANALYSIS & PREDICTION (September 6) – XRP Sees 2% Daily Gain Amid Latest Fall, Faces A Minor Support
Today appeared calm across the crypto market as most altcoins see a minor daily gains. But Ripple’s trend is still looking weak due to a 4% decrease in a week. It may break below a multi-week support shortly. The sentiment for XRP remains positive on the macro level, although the […]
Ripple’s Strategic Moves With RLUSD: A Potential Game-Changer For XRP
Ripple’s recent strategic alignments with major banks and the potential adoption of its new stablecoin, RLUSD, could signify a transformative moment for XRP’s growth. As Ripple positions itself within the stablecoin market, its latest developments hint at a promising future for both the company and the broader XRP ecosystem. Ripple […]
RIPPLE PRICE ANALYSIS & PREDICTION (August 27) – XRP Signals Bearish After Several Rejections At $0.65, Where Next?
As the global market cap decreases this week, XRP turns slightly bearish after tapping $0.63. It has seen a 10% loss but is still charging for more drops. This may lead to a huge fallout if the bulls fail to intercept. Since the price dropped from the $0.66 level in […]
RIPPLE PRICE ANALYSIS & PREDICTION (August 9) – XRP Explodes 25% To Reclaim July’s High, Poise For A Break-Up
After undergoing eight months of decline, Ripple found support and regained strength. The market is currently bullish on the daily chart following a 50% increase this week but is yet to break out of the structure. The past month of trading saw XRP through its highest buying volatile period since […]
XRP Nears Potential Bullish Breakout After Six Years Of Consolidation
XRP has been consolidating within a symmetrical triangle pattern for the past six years, and a bullish breakout may be on the horizon if it surpasses $0.90. This long-term consolidation could soon give way to significant upward momentum, marking a major shift in XRP’s market dynamics. $XRP has been consolidating […]
RIPPLE PRICE ANALYSIS & PREDICTION (July 31) – XRP Signals Buy Following A Fresh Price Break, Targets $0.7
While most altcoins have been relatively down over the past 48 hours, Ripple has posted a nice gain with a break above the monthly high. This signals a fresh buy and is likely to see bigger rallies in the next few days. Taking a short recap of this month’s trading: […]