There was a massive 1,455% gap between liquidated long and short positions on the XRP perpetual futures market in just one hour. Data from CoinGlass puts the total liquidation in that short period at $920,000.

Some analysts are eyeing a potential drop to $1.60, yet Korean traders' accumulation and bullish wave projections suggest a long-term target as high as $18.

XRP has recently flashed a "death cross" on its four-hour chart, sparking concerns among traders as uncertainty looms over the broader cryptocurrency market. The death cross, a bearish technical indicator, occurs when the short-term moving average drops below a longer-term moving average, indicating that an asset may face downward pressure.

A market expert has boldly proclaimed that all XRP holders might ultimately become millionaires. Related Reading: XRP Price Struggles to Keep Pace: What's Holding It Back?

XRP recently attempted to form a new all-time high but faced resistance due to market top pressure. The failure led to significant losses for investors as selling pressure increased.

Dogecoin (DOGE) has captured the attention of investors with its long wick formation on the daily chart. Tardigrade forecasts this wick could trigger an upsurge to $1. Meanwhile, IntelMarkets (INTL) has emerged as the best crypto to buy now.

In the final two months of 2024, XRP (XRP -4.69%) was one of the best-performing cryptocurrencies in the world. In that period, XRP skyrocketed from a price of $0.50 to $2 for a mind-boggling gain of 300%.

Jorge Tenreiro was reportedly transferred to the IT department.

Ripple CEO Brad Garlinghouse is anticipated to be selected for an advisory position on the White House Crypto Council.

XRP currently trades at $2.40, boasting a market valuation of $138 billion alongside a 24-hour trade volume flow of $6.41 billion. Its price fluctuated between $2.36 and $2.55 during the session, lingering 29% below its historic peak price. XRP On XRP's hourly chart, the digital asset oscillates within a constricted corridor of $2.35 to $2.

XRP rebounded from $1.980 after a sharp selloff triggered by network issues. A breakout could confirm recovery, while failure risks further downside toward $1.80.

TL;DR Ripple CEO Brad Garlinghouse has been shortlisted for President Donald Trump's U.S. Crypto Advisory Council, aiming to shape the future of U.S. cryptocurrency policies. The council, formed by executive order, includes prominent crypto leaders from companies like Kraken, Coinbase, and Circle.

Ripple whales are spending millions of dollars as they look to position themselves in this bull run. Surprisingly, these Ripple whales aren't investing in XRP but the AI altcoin WallitIQ (WLTQ). This move is more surprising considering that the XRP price currently boasts a bullish outlook, having surged above $3.

Despite a strong surge of around 300% in November, XRP has traded weakly this month, giving back nearly all of its December gains.

The XRP Ledger is now operational again after suffering an hour-long outage on Tuesday, according to David Schwartz, Ripple's chief technology officer. Schwartz says it's not entirely clear what caused the network problem. “Super-preliminary observation: It looked like consensus was running but validations were not being published, causing the network to drift apart.

Ripple's XRP has been left out of Hong Kong's list of approved cryptocurrencies for trading, raising fresh concerns about its regulatory standing in global markets. The Securities and Futures Commission (SFC) released a list of digital assets that can be legally traded on licensed platforms, but XRP was notably absent.

Cryptocurrency asset management giant Grayscale Investments has filed a significant interest with the U.S. Securities and Exchange Commission (SEC). Specifically, Grayscale has filed to convert its XRP Trust into an exchange-traded fund (ETF).

U.S securities and exchange commission (SEC) moves its top litigator to the IT department.

XRP has made a notable move by forming its third-ever weekly hammer candlestick pattern, fueling optimism among traders and analysts. This formation comes at a time when the broader cryptocurrency market is experiencing significant downturns.

Because of XRP's sharp decline, there are worries that it might surpass the one billion payment volume threshold. The recent sell-off has put the asset in a position where further declines could occur.

XRP price continues to dip today but it appears that the experts remained bullish on the long-term trajectory of the coin. For context, despite the recent dip, a top market expert hinted towards a potential rally for Ripple's native crypto to $8, sparking market discussions.

Ripple's XRP is once again making headlines, but this time for an unexpected reason. Hong Kong's Securities and Futures Commission (SFC) recently released its list of approved cryptocurrencies for trading, and XRP is nowhere to be found.

As XRP drops under $2.50, bulls are on overtime to regain trend control. Will the declining XRP exchange reserves and a recovering funding rate enough to propel XRP to $2.83?

Ripple's RLUSD stablecoin has secured new listings on Revolut and Zero Hash, expanding its accessibility and reinforcing its role in the fintech ecosystem.

XRP has gained renewed attention in the crypto space, with many enthusiasts, including internet celebrity Tristan Tate, wondering about the token's potential to surge from its current price of around $2.5 to $100. While this may seem a stretch to some, one trader, Steff, believes that multiple factors could contribute to such a dramatic rise in XRP's value.

XRP's perpetual funding rates remain negative, show a bias for bearish short positions.

Ripple is refocusing its hiring strategy in the US after years of moving operations offshore due to regulatory uncertainty. The shift comes amid a more favourable regulatory landscape, with the company now directing its recruitment efforts back to the US.

Ripple CEO Brad Garlinghouse is reportedly shortlisted for a key position on President Donald Trump's U.S. Crypto Advisory Council. The council, formed by executive order in Trump's first week back in office, is expected to play a major role in shaping U.S. crypto policies and regulations. U.S.

Galaxy Digital CEO Mike Novogratz has shown some support for the XRP cryptocurrency, arguing that it has a "narrative" in a recent interview.

Growing interest in XRP among institutions could turn positive for the asset.

Ethereum ignited a recovery wave after slipping below $2,500, underperforming Bitcoin. The large-cap altcoin tested the $2,120 region and swiftly began its recovery wave. Notably, ETH surpassed the $2,500 and $2,550 resistance levels and climbed above its 50% Fib retracement level of the downward move from the $3,402 swing high to the $2,127 swing low.

Ripple executives have mocked Jorge Tenreiro, the demoted lawyer of the U.S. Securities and Exchange Commission (SEC) who was leading the agency's crypto enforcement efforts.

The ongoing Ripple vs. SEC lawsuit is back in the spotlight as legal experts predict a potential shift in the agency's approach. With uncertainty surrounding SEC leadership and a notable change in its stance on crypto cases, speculation is rising on whether the lawsuit could be dismissed or settled soon.

The U.S. Securities and Exchange Commission (SEC) has made a significant shift in its personnel, moving its Chief Litigation Lawyer, Jorge Tenreiro, to a position in the IT department. This department handles the agency's computer systems.

XRP has suffered a staggering 43% drop, wiping out weeks of gains. The latest price action saw a sharp 30% intraday decline, signaling panic selling and extreme volatility.

Ripple's XRP is currently down by more than three percent and is retesting levels below the $2.50 mark. The price hit a low of $2.36 in the last 24 hours and is now eyeing to break above the $2.50 and $2.70 levels. These levels have provided strong support for XRP's price in the past.

XRP price struggled to continue higher above the $2.75 zone and dipped. The price is showing a few bearish signs below the $2.60 level.

Ripple's CLO, Stuart Alderoty, recently shared his thoughts on the new U.S. administration's approach to cryptocurrency. In an interview with CNBC, Alderoty expressed his satisfaction with the changes brought about by the new administration. He explained that the previous administration had essentially waged a “war” on crypto, pushing the industry out of the U.S.

XRP Price Dips Amid SEC Appeal Uncertainty XRP slides 5.8% as traders weigh the impact of SEC's legal shake-up. Could a shift in regulatory stance boost XRP's long-term outlook?

XRP, the native cryptocurrency of Ripple Labs, has faced significant struggles recently despite earlier bullish projections. Like many other cryptocurrencies, XRP has been caught in the turbulence of a volatile market.

However, the growing bear action in the broader market has continued to impact altcoins like Ethereum (ETH), XRP, SUI, and Avalanche (AVAX) in different measures. As of writing, the combined crypto market cap is down 1.56% to $3.16 trillion, proving that headwinds remain.

Recently, XRP's price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Many traders are wondering if a return to the $3 mark is still feasible given that the asset is currently having difficulty holding above $2.50.

Ripple's XRP Ledger experienced a brief but significant outage on February 5, 2025, causing a 64-minute disruption in network operations. The temporary shutdown caused some concerns among users and impacted the price of XRP, leading to a slight dip in market sentiment.

XRP traded relatively quietly on Thursday following a strong performance on Wednesday, when it outperformed the broader cryptocurrency market, rising by 2.5%. The uptick came after CEO Brad Garlinghouse shared a photo of himself with the President-elect, sparking renewed interest in the crypto.

XRP price remains under pressure, trading within a key range as technical indicators signal potential downside risks. The recent 64-minute outage, which briefly halted transactions, has now been resolved, but it did little to boost investor confidence.

Ripple's new partnerships with Revolut and Zero Hash mark significant expansion for RLUSD stablecoin, aiming to challenge USDT and USDC market dominance.

Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market's correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100.