XRP drops 11% despite SEC victory: What's happening?
Perhaps the verdict did not have the intended effect.
Keep up with what's happening in the crypto world in real-time.
Perhaps the verdict did not have the intended effect.
The crypto market is mostly in the red zone today, according to CoinStats.
As XRP consolidates above $2 following a massive capital outflow on the weekly timeframe, the asset's technical indicators suggest that historical patterns hint at a new record high.
Ripple's USD-pegged stablecoin, RLUSD, has hit a market cap of $170 million, eyeing the top five spot among stablecoins in the crypto industry. According to the company's latest report, the stablecoin outpaced the company's internal projections when it hit the new market cap record.
XRP has continued to exhibit frailty, experiencing a sharp decline on Friday amid a broader cryptocurrency market pullback.
XRP, currently the fourth largest cryptocurrency, has made what might be deemed a "key reversal" after posting five straight days of falling. XRP bounced from the key $2 level, which is currently decisive for its price action.
XRP Turbo (XRT) is transforming DeFi with AI-driven automation, liquid staking, and RWA tokenization on the XRP Ledger.
XRP is currently trading at $2.16 with a market cap of $125 billion and a 24-hour global trade volume of $2.76 billion, fluctuating within an intraday range of $2.09 to $2.21, sitting 36.4% below its all-time high. XRP The 1-hour chart reflects a consolidation phase, with XRP stabilizing around the $2.16 mark.
Crypto analyst Egrag Crypto has again provided a bullish outlook for the XRP price. This time, he alluded to historical trends to explain why the altcoin can hit a new all-time high (ATH) in 90 to 120 days.
XRP — the third-largest cryptocurrency by market capitalization as things stand — could be gearing up for an interesting move, one that traders watching the charts might want to pay attention to. This is not just a random guess — it's something even Bollinger Bands, a popular yet often misinterpreted technical analysis tool, are suggesting.
The last few days of March have brought a sharp decline to the crypto market. The rising tariffs set by President Trump for April 2 along with strong core PCE data, have triggered a severe market drop.
XRP rallies 4% as bulls eye $2.30, but key resistance and weak momentum signal caution. Can Ripple's token sustain upward pressure? Read the latest outlook. The post Ripple's XRP Eyes $2.30: Can the Bulls Maintain Momentum? appeared first on Cryptonews.
The price of Ripple (XRP) has fallen below the moving average lines since it was rejected at the $2.50 high.
The past week in the financial world was nothing short of eventful. From Ripple's legal victory to GameStop's new Bitcoin strategy, there was no shortage of intriguing developments.
Seasoned trader Peter Brandt is warning that the payments altcoin XRP is at risk of going through a massive capitulation event. The legendary trader tells his 781,500 followers on the social media platform X that XRP is forming a head-and-shoulders (H&S) pattern on the daily chart.
The on-chain activity of XRP exhibits resilience despite recent price volatility considering the fact that one of the most telling metrics — daily transaction volume — remains stable above the 1 million mark. The most recent data shows that on March 29, 2025, more than 11.1 million payments were made, supporting the notion that despite market challenges, user activity on XRP Ledger is still robust.
XRP search interest has plummeted to 17 across the globe, according to data provided by Google Trends. This marks yet another 2025 low for the popular Ripple-linked cryptocurrency.
Will the approvla of XRP ETFs catalyze further price growth later in 2025? Don't jump to conclusions.
XRP (XRP) has dropped nearly 40% to around $2.19, two months after hitting a multi-year high of $3.40. The cryptocurrency is tracking a broader market sell-off driven by President Donald Trump's trade war despite bullish news like the SEC dropping its case against Ripple.
Prices of XRP have taken a heavy hit in the past week as the altcoin struggled to find a local bottom. During this period, XRP lost 10.51% of its value and traded to as low as $2.06.
XRP has been on a consistent downward trend since the beginning of the just concluded week. A steady flow of consecutive bearish candles on the daily timeframe has pulled the price lower each day, eventually guiding it toward an important support at the time of writing.
It's well known that XRP (XRP 3.64%) has a loyal army of evangelist investors promoting the coin's virtues. But for every highly motivated group of holders, there's liable to be those with sharp criticisms and other ideas about why buying the coin is a big mistake.
XRP is compressing inside a symmetrical triangle while whales accumulate.
Ripple (XRP) experienced heavy selling pressure this weekend, coming close to dropping below the critical $2 mark.