In recent days, the XRP Ledger has witnessed a surge in activity as dormant tokens have begun to move, reminiscent of a similar occurrence back in April. This movement, highlighted by the Token Age Consumed metric from Santiment feed, mirrors the spike observed just before XRP experienced a significant drop […]
Tag: XRP
RIPPLE PRICE ANALYSIS & PREDICTION (May 2) – XRP Recovers 2% Overnight Amid Market Meltdown, Signals A Potential Buy?
Amid latest bloodbath in the overall market, XRP registered some losses as it dipped below $0.5 yesterday. Hence, it has seen a slight increase over the past hours and is now attempting to climb back on the daily graph. XRP has been subjected to a consolidation mode for the past […]
RIPPLE PRICE ANALYSIS & PREDICTION (April 18) – XRP Trades Under $0.5 After Witnessing A Sharp Rejection
Ripple crashed and recovered from a year-low last week. It is in red today after shedding several losses in the past week. The price trades in a critical zone on the daily chart, finding it difficult to sustain recovery. After last week’s heavy crash, which was followed by a sharp […]
RIPPLE PRICE ANALYSIS & PREDICTION (April 4) – XRP Appears Indecisive After Losing 7% Weekly, Trades Under Minor Resistance
Today looks a bit calm for Ripple XRP after experiencing serious bleeding since the start of the week. It saw a rejection and now holds temporarily above a key level. The price is currently facing minor resistance. Last month saw XRP through the end of a bullish phase after rallying 50% […]
RIPPLE PRICE ANALYSIS & PREDICTION (March 22) – XRP Looks Indecisive After A Slight Bounce, Can It Advance Higher?
XRP painted a bearish scenario throughout last week following a quick rejection. This week came with a relief and the asset bounced slightly from the recent dip to where it currently trades above a key support. Two weeks ago, XRP faced resistance near the $0.75 level after rising by 50% […]
RIPPLE PRICE ANALYSIS & PREDICTION (March 11) – XRP Halts Buying After Facing Resistance, Possible Retracement Ahead
Ripple’s XRP bullish trajectory is still looking intact weekly, but it has slowed down buying after facing resistance some days back. Due to this, it lost buzz and appeared weak today, initiating drops in the intra-day trading. Since the market bounced back in late January, XRP posted a nice gain […]
RIPPLE PRICE ANALYSIS & PREDICTION (February 17) – XRP Aims For A Retest After Breaking Out Of This Crucial Resistance Line, Incoming Rebound
Ripple’s price recently broke out of a key resistance line after witnessing a steady increase over the past two weeks. It has encountered resistance and now aims for a retest before resuming buying. Last month saw XRP through an end of a three-month bearish correction after losing about 30% of […]
RIPPLE PRICE ANALYSIS & PREDICTION (February 6) – XRP Rolls Back To Bottom, Can It Foot A Fresh Increase?
After several crackdowns in the past two months, Ripple extended bearishness this week and traded back at the bottom. It bounced slightly in the mid-week but remained weak daily as it lost over 20% in two months. XRP has finally rolled back to the bottom following a steady decrease for […]
RIPPLE PRICE ANALYSIS & PREDICTION (January 23) – XRP Resets Back To Three-Month Low Amid Meltdown, Can It Bounce Back?
Ripple’s XRP has extended bearishness today, registering a total loss of 18% in a month. It is trading near support with no signs of stopping yet. More sell-offs should be expected if the price continues to melt down. After cracking below a crucial demand zone over the weekend, XRP further […]
Crypto Market: Profit Levels Signal Potential Opportunities, Close Watch On ETH, BTC, XRP
As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, […]
RIPPLE PRICE ANALYSIS & PREDICTION (January 18) – XRP Signals More Drops But Trapped In This Demand Zone, Down 7% Weekly
Since Ripple entered a crucial demand zone this month, the price has remained trapped. However, it paints a gloomy picture on the daily chart with a potential breakdown. The price may roll back to the bottom. Following past months of bearish, XRP has lost over 30% of its valuation in […]
Ripple Labs Plans $285 Million Share Repurchase In Response To Market Dynamics
Ripple Labs has unveiled its intention to conduct a share repurchase, or tender offer, valued at $285 million, targeting initial investors and staff members. This move places the company’s valuation at an impressive $11.3 billion. According to sources from Reuters, participants in this tender offer are restricted to selling a […]
Ripple’s XRP Witnesses Quiet Week Amidst Whales’ Fresh 360 Million $XRP Accumulation Signals
Over the past week, XRP has demonstrated subtle price fluctuations, hovering between $0.62 and $0.61, while other top-20 cryptocurrencies like Cardano (ADA), Arbitrium (ARB), and Solana (SOL) experienced more pronounced upward movements. Insights from Analyst Ali_Charts on X reveal intriguing activity among Ripple whales, indicating the acquisition of approximately 360 […]
Solana’s $SOL Remarkable 14% Surge Propels It Beyond XRP In Market Cap, As It Takes The 5th Position Ahead Of Ripple’s XRP
Solana has emerged as one of the standout performers in the cryptocurrency market, showcasing an impressive surge of over 14% in the last 24 hours. Notably, Solana has achieved a new yearly high, reaching $86.54. What’s even more noteworthy is that Solana has successfully surpassed Ripple’s XRP token in market […]
RIPPLE PRICE ANALYSIS & PREDICTION (December 19) –XRP May See Bigger Loss If $0.57 Cracks, Loses 3% Today
While most altcoins took a downturn since last week, XRP had seen a substantial loss in the past hour as the price dips below the $0.6 level. More bleeding may occur if the volatility continues to drop. In November, XRP traded as high as $0.75 after increasing by roughly 80% […]
RIPPLE PRICE ANALYSIS & PREDICTION (November 21) – More Drops May Surface If XRP Fails To Bounce Off This Level
Following recent drops across the market, XRP halted buying and saw an 8% correction in the past week. It found a temporal support this week and now remained calm above it. More bleeding is likely if the support cracks. Earlier this month, XRP tapped $0.73 and held it as resistance […]
XRP Gets Relisted On Cex.io Following Two-Year Of Absence Due To Legal Troubles
Ripple’s XRP has made a triumphant return to the United States cryptocurrency market through the centralized exchange Cex.io. Of course, this marks the conclusion of a two-year absence since several significant exchanges, including Coinbase and Kraken, delisted XRP. These delistings happened due to legal concerns coming from a lawsuit filed […]
Recent XRP ETF Approval Hoax Triggers Price Surge and Subsequent Losses To Investors
The cryptocurrency market experienced a brief however significant surge in XRP prices following false reports of BlackRock’s contribution in a XRP exchange-traded fund (ETF). The saga unfolded on X (formerly Twitter) when users stumbled upon a Delaware filing indicating the registration of “iShares XRP Trust,” seemingly indicating BlackRock’s move towards […]