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After a market crackdown by the bears yesterday, the bulls managed to take control of the business overnight. However, top tokens such as Cardano and Ripple have continued recording mixed price action in their daily charts.
On-chain data shows XRP whales, mostly long-term investors, have been taking profits despite short-term investors anticipating a major rebound in the near future.
XRP has recovered 25% from recent lows to trade above $2.50, with multiple analysts projecting higher targets based on technical analysis while maintaining strong support levels despite a recent token unlock.
XRP price has surged more than 6% today amid a broader market recovery after the recent crash. This surge also reflects the market participants' regaining confidence in the digital asset space.
XRP has soared by 13% in the past 24 hours, bouncing back alongside the broader cryptocurrency market after a few days of decline. This rebound comes as major cryptocurrencies, which had fallen to multi-month lows, recover from recent losses, offering a temporary relief rally to investors.
As XRP faces regulatory hurdles, Remittix emerges as a smart crypto-to-fiat payment solution, attracting investors with its potential for major growth in 2025. #partnercontent
After a vicious crash, XRP recently saw one of the most dramatic price swings in its history, recovering 42%. The chart's enormous knife caused the asset to fall below important support levels before rapidly rising again.
XRP, the digital asset connected with Ripple, has witnessed a drastic drop in price, plunging over 25% in a short period. The cryptocurrency fell to as low as $1.77 on Binance, representing a significant 43% decrease from the daily open on January 31, 2025.
Donald Trump's decision to impose tariffs on imports from Canada, Mexico, and China led to a steep drop in bitcoin and broader equity markets on Monday.
Bitcoin, Solana, and other cryptocurrencies rebounded on Monday after U.S. President Donald Trump and Mexican President Claudia Sheinbaum agreed to delay the 25% tariffs.
An analyst has pointed out how Solana (SOL) has just seen a buy signal on the same indicator that earlier called for selling XRP (XRP). Solana Has Seen A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has discussed about a Tom Demark (TD) Sequential signal that Solana has displayed on its daily price chart.
XRP saw a strong rally on Tuesday, jumping 11.49% to trade at $2.6990 by 19:58 (00:58 GMT) on the Investing.com Index. This marked its biggest one-day percentage gain since January 15.
Cryptocurrency prices showed signs of recovery on February 4, following the announcement that US President Donald Trump has paused the implementation of newly imposed import tariffs on Canada and Mexico for 30 days. This pause alleviated concerns about a potential trade war, boosting market sentiment globally.
Recent discussions have arisen around whether Ripple has the power to create more XRP beyond the original supply of 100 billion tokens. Some critics, like Pierre Rochard, a Bitcoin maximalist and Vice President of Research at Riot, have claimed that Ripple might be able to increase the token's supply.
XRP faces intense selling pressure as whales offload over 130 million tokens, triggering a 26% price drop.
On Monday, February 3, the U.S. Securities and Exchange Commission (SEC) implemented a new policy that could slow down its crypto-related investigations. According to Reuters, sources familiar with the matter revealed that SEC lawyers are now required to get approval from politically appointed leadership before formally initiating probes.
XRP price recovered most losses and rallied over 25%. The price is back above $2.65 and now faces hurdles near the $2.820 level.
A market analyst who accurately forecasted XRP's recent price downturn is now evaluating what comes next as the asset stabilizes above the $2 mark. The broader cryptocurrency market experienced a sharp downturn, resulting in over $2.2 billion in liquidations, the worst liquidation event since the FTX collapse.
SEC rule change dilutes crypto enforcement powers, fueling XRP demand. Will Ripple's legal battle drive XRP past its all-time high?
A significant 29,532,534 XRP transfer has made headlines in the cryptocurrency market, raising eyebrows and fueling concern over potential price movements. The transaction, valued at approximately $68.36 million, was made by an anonymous whale and sent to the popular Coinbase exchange, one of the top platforms for cryptocurrency trading.
The cryptocurrency market continues to display volatile behavior as XRP, Dogecoin (DOGE), and Ethereum (ETH) struggle to maintain their bullish momentum amid current downturns. As some coins, like XRP, show signs of weakness, others like Ethereum remain stuck in a downward trend.
Cryptocurrency prices bounced back in the overnight session after Donald Trump paused the sweeping tariffs on Mexico and Canada, removing one of the biggest risks in the market. Bitcoin jumped to over $100,000, while most altcoins jumped by over 10%.
XRP's price plummeted by 43%, wiping out weeks worth of gains. Just the most recent daily candle has created a vicious knife that is 30% downward, indicating extreme volatility and panic selling.
Crypto asset management giant CoinShares says institutional investors poured hundreds of millions into digital asset investment vehicles last week despite volatile market conditions. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment vehicles brought in nearly $530 million last week despite the market-wide slump triggered by Trump tariffs and DeepSeek.
