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XRP price is holding the ground above $2.20 despite pressure on Bitcoin. The price is still consolidating and aiming for a fresh increase above the $2.320 resistance.

Cryptocurrency prices today indicate a bearish trend for Bitcoin (BTC) and major altcoins like Ethereum (ETH) and XRP. Bitcoin touched a low of $92,000, while ETH slipped by approximately 2.51% and XRP declined by 3%.

In a recent live video, John Deaton, the founder and host of Crypto Law, called for the SEC to release the highly anticipated report on the controversial 2018 speech by former SEC official William Hinman. The speech, which gave Ethereum a regulatory pass, has raised serious concerns about potential conflicts of interest within the SEC.

XRP has displayed unusual price action, standing out as the broader crypto market faces aggressive retracements. Despite the widespread downturn, XRP has managed to hold above critical demand levels, signaling relative strength in the face of uncertainty.

XRP remains in a sideways trading range and the price is currently down by more than four percent. For the breakout to be confirmed, XRP needs to break above the $2.51 level. This level is an important first indication that the low is likely in and the market could begin to move higher.

Crypto Markets React to Gensler's Exit: SEC Chair Gensler's crypto stance and Ripple case developments shake XRP, as Bitcoin slides ahead of the US Jobs Report.

A recent commentary from market analyst Lord Vendetta has fueled a heated discussion within the XRP community about the cryptocurrency's price and its ability to handle mass adoption, especially by global financial institutions. His remarks suggest that even a price of $50 for XRP may not be sufficient to support the scale of transactions expected from mass adoption, which has led to a debate over how high the XRP price could go.

Ripple USD (RLUSD) has debuted on Bitstamp, offering global liquidity in key pairs and emphasizing stability, compliance, and utility for payments, tokenization, and decentralized finance. RLUSD Rolls Out on Bitstamp With Global Liquidity in Key Trading Pairs Ripple USD (RLUSD), an enterprise-grade stablecoin pegged to the U.S.

The CEO of financial services conglomerate SBI Holdings has criticized Japan's prime minister (PM) regarding the government's absurd crypto tax rates. Yoshitaka Kitao, a proponent of the XRP ecosystem, said in a recent interview that Shigeru Ishiba is the “only one who is not convinced” about lowering rates to 20%.

The price action of XRP is currently consolidating within a narrowing triangle pattern, and it has entered a critical phase. The token, which is currently trading at $2.25, is indicating that it will test its 50 EMA in the next few days; this level may determine the token's short-term trajectory.

XRP's market structure suggests that the altcoin is gearing up for a run to new all-time highs.

American blockchain payments firm Ripple Labs Inc. has transferred 300,000,000 XRP from one of its internal wallets to an anonymous one. Known for related transactions, the market is now left wondering what Ripple is up to with this new move.

Bitstamp has listed RLUSD after it secured final approval from the NYDFS and launched last month on Ethereum and XRP Ledger.

Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025. Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year.

Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.

Recent XRP activity has spiked in the last 48 hours, springing up bull signs in the market. On-chain indicators point to surging inflows while other assets pick up the pace.

The cryptocurrency market recently experienced a major shake-up when Bitcoin (BTC) plummeted below the $100,000 mark. This unexpected crash sent shockwaves through the altcoin market, causing significant losses for many cryptocurrencies, including XRP.

The highly anticipated Markets in Crypto-Assets Regulation (MiCA) quietly took effect on December 30, 2024, following nearly four years of development.

Crypto analyst CasiTrades has provided an update on her XRP price prediction, revealing the next crucial targets for the crypto. Other crypto analysts have also given potential price targets for XRP.

A new report shows diverging sentiment across the biggest cryptocurrencies, despite market-wide downturn fears. Santiment, an on-chain analytics platform analyzed the top cryptocurrencies' based on social media trends over the past three months.

"XRP remains the safest asset in all of crypto," one popular analyst suggested.

The XRP price has dipped by 1.5% in the past 24 hours, yet a dinner between Ripple execs and Donald Trump suggests it could recover very strongly soon. The post XRP Eyes Breakout After CEO Garlinghouse Meets Trump – Is $10 Possible? appeared first on Cryptonews.

XRP, the fourth largest cryptocurrency, has flashed its first bearish signal of the year, with a death cross emerging on the cryptocurrency's hourly chart.

Ripple executives meet Trump, signaling closer ties as regulatory reforms and crypto-friendly policies take shape in the new administration.