Bitcoin (BTC) price fluctuations have affected bull traders following recent outflows. The general market downturn has impacted trading volumes in the top crypto assets and altcoins.
As per a latest tweet from Whale Alert, Ripple has locked 700 million XRP tokens in escrow. As part of its regular escrow program, Ripple releases 1 billion XRP each month to keep the token supply predictable. These released tokens are used for institutional sales, operational costs, and other purposes.
XRP (XRP) price fell 22% between March 19 and March 31, potentially forming a local bottom at $2.02. The price then increased by 9% to $2.20 before retracing to the current levels.
Just 24 hours ago, the crypto market seemed like a prosperous place after days, if not weeks, of uncertainty. Even the popular Fear & Greed indicator made it back into greed mode and reached a reading of 44.
Ripple Labs has made a major escrow move with over 700 million XRP locked in, the first since its US SEC resolution.
XRP is on the edge! Will it break out and soar, or crash down hard?
In the latest XRP news, Ripple has once again stolen the spotlight with a massive 1 billion XRP move. The blockchain firm transferred the tokens across multiple wallets, with 700 million coins later locked in escrow.
Ripple has locked 700 million XRP tokens in escrow, according to data from Whale Alert. The move is part of Ripples long-standing monthly escrow program, which releases 1 billion XRP to maintain a predictable token supply.
XRP, the cryptocurrency closely tied to Ripple Labs, is gaining attention as it approaches a potential breakout from a symmetrical triangle pattern. This formation, identified by converging trend lines, signals tightening price action and a possible surge in momentum.
During the past year, cryptocurrency investors have taken a particular liking to opportunities beyond mainstream choices like Bitcoin and Ethereum.
XRP is on thin ice while moving around $2.07, down around 3% for the day once again and clearly facing some issues that might trigger a move below $2. The downward volume is also moving up, which means that bears are ready to increase the selling pressure on the market and push XRP even lower.
Dogecoin (DOGE) price has been stagnant over the past week, dropping by 10% in the same period. Despite some recovery in the broader crypto market, the meme coin is still eyeing for more gain ahead.
XRP faces short-term bearish pressure at $2.07 but analysts predict potential rise to $5-8 by late 2025, with ETF approval being a key catalyst.
XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum.
According to data provided by Whale Alert, 700 million XRP tokens has been locked by Ripple in an escrow.
The long-standing Ripple vs. SEC lawsuit has officially wrapped up, but there's a catch—we're still waiting for the SEC's official statement. Why the hesitation? In past cases like Kraken and Cumberland, the SEC gave official statements and confirmation, and this one's no different.
Just before the end of Q1 2025, the much-awaited rounds of a closure of the Ripple vs. SEC made huge rounds across the crypto space. It was seen as a huge win for the crypto community, which could have a huge positive impact on the XRP price in the long term.
XRP has a mere 2% chance of hitting a new all-time high (ATH) this April, according to Polymarket bettors. Despite a modest 2% gain at the start of the month, sentiment remains cautious among investors.
Ripples stablecoin, RLUSD, is making waves in the crypto market with standout performance metrics that surpass leading competitors. Since its launch in December 2024, RLUSD has quickly gained traction, with its market capitalization soaring to $243.77 millionoutpacing Ripples initial growth projections.
XRP is facing increased bearish pressure after plunging over 5% on March 31, dropping to a low of $2.06. This sharp decline raises concerns over its ability to maintain the key psychological support at $2.
XRP, the fourth-largest cryptocurrency by market cap, rebounded 6% in the last 24 hours, defying a recent bearish chart pattern. The price dipped to $2.02 after a death crosswhen the 50-period SMA crosses below the 200-period SMAappeared on the four-hour chart.
The long and tense legal fight between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally over. Last week, the SEC officially dropped its appeal, and Ripple has agreed to pay a $50 million fine while also dropping its own cross-appeal.
XRP price started a fresh decline from the $2.20 zone. The price is now consolidating and might face hurdles near the $2.120 level.
Grayscale has recently filed an updated S3 registration statement for its Digital Large Cap Exchange-Traded Fund (ETF). This fund is designed to offer diversified exposure to a broad range of cryptocurrencies, including major altcoins like Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP.
The XRP price fell as low as $2.0238 on Monday, potentially forming a local bottom. Since then, the XRP price is up almost 6%, however, the possibility of a deeper retracement remains.
Ripple's $50M settlement offer and ETF prospects lift XRP hopes, but SEC silence and macro risks weigh on near-term price outlook.
Recent XRP price action has sparked a new prediction from a crypto analyst, as a potential Head and Shoulders pattern emerges on the chart. The analyst warns that this technical formation could trigger a significant price correction for XRP, describing this downturn as the worst-case scenario.
Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale's Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S.
XRP price surged to $2.20 amid growing optimism over the upcoming stablecoin bill review. A breakout from a falling wedge signals bullish momentum Ripple (XRP) Stabilises at $2 as US Congress Reviews Stablecoin Bill on April 2 The cryptocurrency market witnessed a significant recovery this week, with Ripple's XRP rebounding 5% from a local bottom
Grayscale Investments has filed to convert its private Digital Large Cap Fund into an exchange-traded fund (ETF).
XRP extended its downturn for a second straight week as the coin plunged on Monday, nearing a critical breakdown below the $2 support level. The decline follows broader market turbulence intensified by impending U.S. tariffs set to take effect on April 2, 2025.
Polymarket bettors see only a 2% chance of XRP hitting a new record high this April.
Cryptocurrency markets are trading higher on Tuesday as attention turns to President Trump's tariff announcements on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,082.96 +2% Ethereum (CRYPTO: ETH) $1,905.15 +3.3% Solana (CRYPTO: SOL) $126.83 +0.6% XRP (CRYPTO: XRP) $2.13 +0.6% Dogecoin (CRYPTO: DOGE) $0.1720 +2.6% Shiba Inu (CRYPTO: SHIB) $0.00001274 +1.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 79.5% and daily active addresses up by 29.5%.
Whispers of a potential big jump for XRP are circulating, with one analyst suggesting it could hit $27 by June. This prediction hinges on a look back at how XRP has behaved in the past.
Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
XRP holders are finding themselves at a crossroads as recent market trends raise questions about the cryptocurrency's near-term future. After a strong bullish run, XRP has hit a rough patch, with technical indicators suggesting the possibility of further declines.
XRP price crashed in the first quarter, erasing some of the gains made in November when it jumped by almost 500%. Ripple (XRP) has entered a bear market after dropping over 35% from its January high.
XRP has formed a bearish head-and-shoulders pattern.
XRP, currently the fourth largest cryptocurrency by market capitalization, has recently shaken off a bearish indication on its chart, surging 6% in the last 24 hours.
The prices of the coins remain in the green zone, according to CoinStats.
In an unexpected move, President Donald Trump has unveiled a bold peace plan for Russia and Ukraine, powered by Bitcoin and XRP.
Ripple-affiliated XRP cryptocurrency has managed to score four consecutive monthly closes above its earlier monthly peak that was recorded in 2017.
With a notable increase in volume and a robust bounce off the $82,000 support, Bitcoin is displaying early indications of a bullish turnaround. Bitcoin has increased to $84,469 with a 2.34% intraday gain.
A crypto analyst has projected a massive bull cycle for the XRP price amid spot ETF speculation and institutional demand. Recent bull predictions come as traders aim for a market recovery after weeks of severe selling pressure.
The current trading environment for XRP reflects consolidation within a cautious downtrend, with prices anchored at $2.12 to $2.135 amid a 24-hour trading range of $2.07 to $2.19, underpinned by a $123 billion market cap and $4.18 billion in trading volume.
Grayscale's ETF conversion could significantly enhance crypto's integration into mainstream finance, broadening retail investor access. The post Grayscale files S-3 to turn Bitcoin, Ether, XRP, and ADA large cap fund into a spot ETF appeared first on Crypto Briefing.
The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.