XRP price prediction: Why the $0.7 rejection isn't a setback for bulls
The RSI was at 70 despite the rejection from $0.74, showing intense bullish momentum was prevalent on the daily chart.
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The RSI was at 70 despite the rejection from $0.74, showing intense bullish momentum was prevalent on the daily chart.
The wait is finally over! The much-anticipated Ripple's XRP documentary “Rigged from the Start: Exposing the SEC's War on Crypto” is set to premiere, offering an in-depth look at the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).
As the global cryptocurrency market cap eyes $3 trillion, the recent increase in Bitcoin price to an all-time high of $89,000 has sparked excitement of a new bull run, preparing the stage for altcoin's renewed optimism. Among the leading performers are Peanut the Squirrel (PNUT), Rexas Finance (RXS), Bonk (BONK), and XRP—all witnessing substantial price
Pro-XRP lawyers John Deaton, Jeremy Hogan and James Murphy sat down for a detailed discussion about Ripple and what's next for the lawsuit. Now that Donald Trump has won the elections, speculations about SEC Chair Gary Gensler's resignation have started making rounds on the internet.
Over the past nine days, XRP has experienced a significant rally, climbing from $0.4957 on November 4 to a peak of $0.7407 today on Binance—a surge of over 50% at one point. Approximately 30% of this ascent occurred within the last 48 hours.
"I'm excited to see how the future unfolds," Hoskinson stated.
XRP, the cryptocurrency associated with Ripple, has seen a sharp 14% price increase over the past 24 hours. As the broader crypto market experiences consolidation, XRP is making a strong push towards the $0.75 resistance level, signaling a potential rally to the much-anticipated $1 mark.
The price of the popular cryptocurrency XRP has been on a roller coaster ride in recent days, rising 48% over the course of the week and then falling 10%. There is nothing particularly dramatic about the move itself.
"The market is putting all its chips on the table for an XRP ETF approval and a less hostile SEC," one analyst told Decrypt.
Ripple's native crypto, XRP recorded a breakout rally on Wednesday while the biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) printed red indexes. XRP managed to decouple from the market correction seen after the massive rally.
XRP's trading volume surged to $11.53 billion amid a 14% price increase, while exchange data shows the highest long-versus-short ratio since March 2024.
As XRP news about ETFs sparks fresh interest due to potential regulatory shifts under Trump's administration, the demand for crypto wallets intensifies, fueling competition among platforms eager to meet users' needs. OKX Wallet's latest update aims to please with new features focused on Fractal Bitcoin and gaming integration, enhancing its appeal to tech-savvy users.
The XRP documentary film, “XRP Unleashed”, finally debuts in America, sparking substantial intrigue across the broader crypto landscape. Marking its screening premiere in Scottsdale, Arizona, the documentary has finally been released as a reminder of the ongoing legal tussle between Ripple and the U.S. SEC.
Cardano (ADA) is in the spotlight as it hits the five-month high, following an increase of more than 75% over the last two weeks. Ripple (XRP) has also staged a good recovery, trading again at $0.60, and has created interest among investors again.
Dogecoin's (DOGE) market cap has overtaken XRP and USDC. It is now above both coins in the market.
XRP price recently saw a significant surge, rallying by 40% and reaching an 8-month high. However, the rally appears to be losing momentum, as XRP now faces a potential pullback.
Bitcoin continues to surge toward new all-time highs, the frustration within the XRP community has reached new heights. While Bitcoin recently hit a record price of $89,000, XRP has struggled to break out of its narrow trading range, remaining stagnant in a market where other altcoins are experiencing significant gains.
Recently XRP has been making waves on the cryptocurrency market, and its community is giddy with anticipation. Over 4% of all cryptocurrencies-related conversations on social media now involve the token, which currently ranks seventh in terms of market capitalization.
Ripple's XRP has been showing impressive upward movement, recently climbing to a two-month high of $0.64, marking a significant 19% increase over the past week. As XRP continues to build momentum, many analysts are keeping a close eye on its potential to revisit its year-to-date high of $0.74.
XRP started its strong bull run right after the broader crypto market started to cool down. XRP (XRP) reached an eight-month high of $0.73 late Tuesday and soon its price started to decline.
The debut of an XRP documentary created by Fruition Productions recently took place in Arizona.
Ripple's case against the SEC, long seen as a landmark legal struggle for the crypto industry, may be nearing a resolution — or even a dismissal. Speculation has intensified following Donald Trump's re-election and his pro-crypto stance, with Ripple CEO Brad Garlinghouse expressing hope for a favorable outcome.
XRP is grabbing attention today, jumping to $0.68925—up 11.62% in just 24 hours. Trading volume has also exploded to $11.83 billion, a 167.31% boost. In XRP news today, Ripple's recent moves, a big meeting with Trump's team, and positive market vibes are driving excitement.
Cardano co-founder Charles Hoskinson recently revealed that he had had a conversation with Ripple CEO Brad Garlinghouse.