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XRP price has dipped to the $2.2 mark recently, amid a selloff noted in the broader market. The investors are appearing to be taking a cautious stance amid the recent pressure, which has fueled discussions among investors over further dip ahead for the crypto.
Mark Yusko of Morgan Creek Capital Management, recently opened up about Trump's approach to cryptocurrencies, revealing that Trump and his son are heavily investing in assets like HBAR and XRP, which might be approved for ETFs next year. He also said that Trump is heavily investing in Bitcoin as well.
XRP price hovers around $2.31 after dropping nearly 17% in the past two days. Today, the token is up 3.18% and shows signs of recovery, which is in line with Bitcoin's outlook.
Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.
XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance.
Ripple's XRP has drifted to the red zone and is currently down by more than 2 percent. XRP has been trading within a range of approximately $2.20 to $2.70 over the past few days, showing limited movement on the larger time frames.
The SEC is preparing for a possible government shutdown, focusing on essential functions like market integrity and investor protection. Its EDGAR database will still be available, but some non-essential operations will be paused.
As the cryptocurrency market faces a significant price correction—led by Bitcoin (BTC) and Ethereum (ETH), which have retraced 2.2% and 4.6% respectively—the XRP price shows early signs of a potential explosive surge. Currently trading at $2.21, the XRP price has recorded a nearly 5% gain in the past 24 hours, finding strong support just below its current price.
SEC faces pressure to clarify Hinman speech's status amid Ripple appeal. Learn how this impacts crypto regulations and XRP sentiment.
In this bleeding cryptocurrency market, XRP, the native token of Ripple Labs, seems to have controlled itself from a major price decline as it holds crucial support. For XRP, the support at $2.20 plays an important role.
With a recent 9% decline, Shiba Inu broke through the crucial 50 EMA level and made contact with the 100 EMA, another important support level. The asset is in a risky position going forward as a result of this loss of support, which emphasizes how flimsy SHIB's recent rally was.
XRP has recently captured the attention of the cryptocurrency market with a notable surge, reaching above $2.7 briefly after a strong 9% increase. Despite facing a brief rejection at this level, the digital asset has continued to exhibit solid bullish momentum, prompting analysts to forecast further price movement upward.
A certified Chartered Market Technician (CMT) analyst recently shared a chart discussing the XRP price potential for a bullish surge. Basing his projections on key technical indicators, the analyst believes that the XRP price rally still has a long way to go before it reaches overbought levels.
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.
After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.
According to data provided by CoinGlass, more than $1.2 billion worth of crypto has been liquidated over the past 24 hours.
It's a bloodbath out there as Bitcoin leads a crypto crash, as assets like Ethereum, XRP, Solana, and Dogecoin show double-digit losses.
Despite a 9% price drop, optimism among XRP (CRYPTO: XRP) traders remains strong, with many holding their positions and anticipating upward momentum. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.26 $129.08 billion -8.8% -6.3% Bitcoin (CRYPTO: BTC) $98,630.61 $1.95 trillion -5.8% -2.8% Ethereum (CRYPTO: ETH) $3,474.60 $418.8 billion -10.5% -11.8% Trader Notes: Crypto trader Javon Marks reflected reflected on XRP's previous bull cycle, during which it achieved a 600x increase.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
The recent Federal Reserve FOMC meeting has shifted the direction of cryptocurrency markets, with many altcoins experiencing significant drops following Jerome Powell's speech. Over the last 24 hours, many coins have taken a major hit.
The XRP price took one of the biggest tumbles among top altcoins yesterday, falling to as low as $2.16, but bullish price predictions remain intact. The post How XRP Price Crash Was Foretold by Funding Rate But ETF-led Institutional Adoption Will Melt Faces appeared first on Cryptonews.
XRP eyes a $168 surge after breaking key Fibonacci levels, signaling a historic rally amid bullish momentum.
XRP price is down nearly 6% in the last 24 hours, following a historic surge earlier this December that solidified its position as the 4th largest cryptocurrency by market cap. Momentum indicators like RSI and CMF show a mixed outlook, with RSI at 45 indicating neutral conditions and CMF at 0.01 signaling slight positive capital flow.
The Federal Reserve's hawkish tone for 2025 pressures crypto markets, cooling Bitcoin's rally while raising concerns over tighter liquidity and macroeconomic risks.
