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A crypto analyst has made a bold prediction about the XRP price, highlighting that an explosive rise above $3 is not a matter of if but when. While XRP's slow price growth over the years has tested the patience of many investors, the analyst is confident that the cryptocurrency's fundamentals and market dynamics are aligning for a significant upward movement.
Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
XRP price has maintained its position as one of the standout performers in the cryptocurrency market this year, even amid minor pullbacks. As November approaches, investor interest in XRP is growing, fueled by various factors hinting a potential price surge.
Ripple's XRP token, which has been the subject of a multi-year legal battle with the SEC, didn't benefit from the recent surge in crypto prices boosted by the US elections expectations.
Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.
As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris' campaign earlier this month.
TL;DR Ripple will unlock 1 trillion XRP on November 1, with a nominal value of over $520 million. The dilution of XRP's circulating supply could impact its market price, as has been seen in previous events. The company uses XRP sales to fund its operations and has sparked controversy over recent political donations.
Following the submission of Form C on October 25, XRP experienced a quick dip below the important 50-cent mark, but it swiftly bounced back later. The most significant drop occurred on October 3, when the SEC announced it would appeal Judge Torres's ruling.
Ten years ago, XRP held the title of the second-largest cryptocurrency by market capitalization. On this day in 2014, XRP sat just behind Bitcoin, firmly establishing itself as a leading player in the cryptocurrency space.
Amidst the ongoing market upswing, Bitcoin is very close to breaking its all-time high records. In the midst of these bullish market sentiments, Ben Armstrong ‘BitBoy', has stressed that XRP will reach $10 no matter what. While XRP has remained stable around $0.
The leading decentralized exchange on XRPL has launched a Memepad, fueling the rise of memecoins and a surge in activity.
The XRP price has dipped by 0.5% in the past 24 hours, as lawyers suggest that a Trump victory could be hugely bullish for the altcoin. The post XRP Price Forecast: Could Trump Win Push Gary Gensler Out and XRP to $100? appeared first on Cryptonews.
Ripple executives have hired key attorneys to dismiss SEC charges as both parties file appeals, intensifying the legal battle.
Analysts predict XRP could surge to $1 as it breaks out of a technical pattern, with rising activity fueling optimism.
Ripple, XRP Ledger's (XRP) core developer and largest holder, will unlock 1 billion tokens this Friday, November 1. At current prices, this unlock has a nominal value of above $520 million, part of which Ripple will eventually sell.
In the last few days, the crypto market has gained a new bullish movement, with user's sentiments turning to greed. More importantly, there is a surge in crypto trading activity, pushing the global trading volume to $103.7 billion and the global market cap to $2.43 Trillion, which is impressive.
The Ripple vs. SEC lawsuit has taken a surprising turn that's drawing fresh attention across the crypto world. A US federal judge is urging Ripple and the SEC to consider settling certain parts of their case rather than going through the long legal process.
In a bold move, Ripple has unveiled a comprehensive guide aimed at navigating the burgeoning $20 trillion custody market. This strategic initiative marks a significant milestone for Ripple as it seeks to expand its influence and capabilities in the rapidly evolving financial landscape.
XRP, the digital asset associated with the Ripple network, is currently displaying signs of potential growth, driven by rising transaction volumes and increased wallet activity. As the cryptocurrency landscape evolves, many investors are closely monitoring XRP's performance for hints of a breakout.
In the current market rally, XRP is one of the least desirable assets and is performing noticeably poorly when compared to other top 10 cryptocurrencies. XRP's gains are still modest as it has only increased by 0.32% over the last day and by 0.33% over the past week, while major coins like Bitcoin - which recently reached $72,000 - and Solana - which has increased by more than 7.5% in the last week - are seeing significant upward momentum.
XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, defendants CEO Brad Garlinghouse, Ripple Labs and XRP II LLC have requested the court to issue final judgment on plaintiff class action claims and a stay on individual state law claim until resolution. The court has issued an order asking the
XRP trades at $0.52558 in October 2024, showing recovery with a 7.4% four-day gain despite SEC appeal challenges, while new ETF applications and payment utility developments shape its market position.
XRP made a strong move toward the $0.53 mark early on October 30, gaining 7.4% over four days in a steady upward trend.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
