ADA has soared past $0.65, XRP is close to $0.9.
Ripple's (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders. What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%.
Cardano (ADA) has continued to impress the broader digital currency ecosystem after a brief correction spotted over the past 24 hours. Considering its current price outlook, top market analyst Ali Martinez has shared a chart that predicts the price of ADA might reach an all-time high (ATH) of $6 in the coming years.
The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.
Jason Pizzino, a Macro trader and investor in crypto in his latest YouTube video has commented that Cardano (ADA) is unlikely to make all-time highs in this cycle. He told his subscribers that ADA is not showing enough market strength so far this cycle, which makes it impossible for an explosive breakout at this point.
Cardano gained 35% on November 10, and the altcoin held steady close to the $0.65 level. The Ethereum competitor token, ADA, is rallying alongside Bitcoin, Ethereum, Dogecoin, and other leading cryptocurrencies, post BTC all-time high on Wednesday.
The price of the popular cryptocurrency Cardano (ADA) adds more than 19% in today's trading on the crypto market. Today's greening can be called a continuation of the festival of green candles on the price chart of the altcoin which, since the beginning of November, has already added 102% to the price.
What is the Ripple Effect? And what is the Ripple Effect on XRP?
After an extended period of consolidation below the $0.60 mark, XRP is signaling a potential breakout, with the token now eyeing the elusive $1 milestone.
XRP, one of the most talked-about cryptocurrencies, has faced a period of lackluster price action, frustrating many investors. Despite trading significantly below its all-time high (ATH), some experts believe that XRP could be on the verge of a dramatic rally that will see it surpass its previous record within weeks.
The Chinese giant Alibaba Cloud announced a partnership with MultiversX (EGLD), while Alibaba (NYSE: BABA) published Q3 2024 earnings results. This partnership starts as EGLD strongly enters the Asian market with an UpBit listing and notable mentions in the media.
In the last 24 hours, XRP trading volume has increased by 81%, as the cryptocurrency market faced a sell-off that resulted in nearly $504 million in futures liquidations.
Ripple was also among the top performers, gaining 11.7% from Thursday.
Story Highlights Ripple price reclaims the $0.80 mark for the first time since 14th July 2023. Gary Gensler's resignation sparks price to soar over 30% within hours. Bullish action could push the XRP price toward $1 soon. The XRP price has outperformed the top cryptocurrencies with a meteoric rise in its valuation.
LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.
XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple's digital payment platform, due to its increased transaction throughput.
Ripple CEO Brad Garlinghouse has taken to X to comment on Bitwise's recent ETF filing that includes exposure to the XRP token. "XRP, BTC, ETH, SOL — that's the alphabet soup I like to see," Garlinghouse said in his social media post.
Fantom (FTM) has been moving through a volatile price cycle recently, despite the broader cryptocurrency market's continued uptrend. Over the past two days, FTM experienced a significant 14% drop, drawing attention from traders and analysts alike.
XRP the 7th largest cryptocurrency has experienced a whooping surge of around 15% over the last 24 hours, beating the broader crypto market trend. While Bitcoin and Ethereum saw losses of 1.4% and 3.8%, respectively, XRP briefly crossed the $0.80 mark.
While Bitcoin calms after Trump-driven rallies above $93,000, Algorand (ALGO) witnesses a bullish revival. The altcoin remained elevated over the past few sessions, up 30% on its weekly chart. Meanwhile, ALGO's recovery prints a bullish engulfing candlestick, which completes a morning star setup.
The 230-day post-halving period typically signals a drop in Bitcoin dominance, fueling altcoin momentum.
Ripple chief executive officer Brad Garlinghouse has published a tweet in which he made a prediction about the future role of the US for the cryptocurrency industry.
Their holdings have surged to their highest levels since June 2018.
The price of Cardano has risen by 2.5% in the past 24 hours, reaching $0.5954 and outperforming the crypto market amid speculation that Cardano may partner with SpaceX. The post Cardano Joins Top 10 Cryptos – Will ADA Challenge Solana Next? appeared first on Cryptonews.
TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler's potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching their highest balance in 65 months. Gensler's hinted departure and lawsuits from 18 U.S.
Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.
Recently, the cryptocurrency market has been facing challenges, as Bitcoin price decreased by 5% to around $87,000 from its earlier peak of $93,000. This decline has been experienced universally, with altcoins in particular experiencing even more significant drops of up to 20%.
XRP's price action has been the subject of much attention lately, as the cryptocurrency shows signs of a potential trend reversal. The key indicator that has drawn focus is the formation of a “spinning top” candlestick, a pattern often linked with indecision in the market.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
The majority of the coins are in the red zone today, according to CoinMarketCap.
The entire cryptocurrency market has experienced impressive growth in the last week. Almost all the top cryptos, including Cardano, have seen growth since the day of the US presidential election. The Cardano market has recorded a surge of 44.8% in the last seven days. Evidently, the recent market performance of Cardano has thrilled its investors.
XRP has showcased a major boom in the past 24 hours as its price outranked the majority of its peers across the board. At the time of writing, the coin's price has retained a 12.13% uptick to $0.7971.
Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.
Check out XRP's next potential targets after hitting a 16-month high.
XRP has been on a pretty impressive run lately, jumping over 40% in the past week and hitting a four-month high of $0.847 on Thursday.
Yesterday, Ripple's (XRP) price soared to the highest level since July 2023 following rumors that US Securities and Exchange Commission (SEC) Chair Gary Gensler could soon resign. This development ensured that the altcoin was the highest gainer out of the top 10 cryptos.
ADA's on-chain data reveals $0.2 and $1.99 as crucial levels impacting market activity, with possible liquidations or profit-taking pressure.
After soaring 40% in the last 7 days, Cardano price could be getting ready for an extended 100% breakout fueled by speculation of an integration with the U.S. government. Cardano is reportedly among a handful of other crypto networks that could be used to form a blockchain-based voting system.
The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.
XRP surged over 16% in 24 hours, fueled by regulatory optimism following Donald Trump's election, sparking expectations of a rally to $1. XRP was trading at $0.
Explore the latest Cardano price prediction as ADA approaches $0.60 resistance. Analyze key support levels and chart trends
XRP skyrockets 17% in just 24 hours, outpacing Bitcoin (BTC) and other major cryptocurrencies.
Ripple Labs has made strategic moves in the recent past to strengthen the mainstream adoption of XRP despite the legal hurdles emanating from the US SEC.
Ripple's native crypto, XRP, turned out to be the biggest gainer among the top 100 cryptos breaching the much awaited $0.80 price level. On the other hand, Bitcoin (BTC) and Dogecoin (DOGE) recorded a drop of over 2% and 7%, respectively, in the last 24 hours.
Gary Gensler's potential resignation as SEC chair has sparked optimism about XRP price performance within the crypto community. The asset outperformed the market over the last 24 hours, surging 15.9% to a $0.8386 daily high before retracing and stabilizing at its current price of $0.7978.
Stellar (XLM) has had an impressive run recently, surging by 43.44% over the past 8 days. The cryptocurrency moved past key resistance levels, gaining attention from traders and investors alike.
Ripple's XRP token recorded a 20% increase, hitting a high of $0.838 hours after Gary Gensler signaled a potential resignation.
The government agency and the President have unfairly pursued the crypto industry.