The Ethereum (ETH) network has remained the undisputed web3 leader, with over $69 billion in total value locked (TVL) and more than $103 billion in stablecoins market cap, majorly due to the significant development of its layer-two (L2) scaling solutions.
The cryptocurrency market showed mixed yet promising movement today, November 29, 2024, with Bitcoin (BTC) maintaining its position at $96K, signaling continued market confidence. Meanwhile, altcoins saw varied performances, with some recording significant gains and others showing slight declines.
XRP token soared more than 8% in the last 24 hours, outperforming major altcoins as the market saw a slight broader uptick. The post XRP Jumps 8% as Bitcoin Recovers to $96K Amid Broader Market Uptick appeared first on Cryptonews.
Ripple's XRP has been making impressive strides, with a 6% increase in the last 24 hours, bringing its price to just under $1.50. Over the past seven days, XRP has surged by an impressive 36%, positioning it for a potential rally toward the $2 mark.
The cryptocurrency market today has been steady, with a 24-hour gain of 0.16%, taking the total market capitalization to $3.31 trillion. The intraday trading volume also shot up by the same margin, reaching $197.98 billion.
XRP has been in the spotlight for many years. Sometimes for the Ripple Vs XRP case while the other for helping big banks making cross border payment. Many experts believe the suppression by the SEC has been the reason XRP did not get the attention it deserved.
According to 100eyes Crypto Scanner, the Ripple-affiliated XRP cryptocurrency is currently approaching horizontal resistance near the $1.6 level.
Story Highlights Ripple price surges ~7% and reclaims the $1.5 mark today. The technical indicators record increased bullish sentiment. Sustained bullish action could result in the altcoin achieving a new 52-week high. With a favorable development for XRP in the Ripple vs SEC lawsuit, the XRP price has successfully retested its important support level.
Bitcoin DeFi is gaining momentum, and Charles Hoskinson predicts it will surpass other blockchain DeFi systems in the next few years.
According to a Fox Business reporter, the former U.S. Commodity Futures Trading Commission (CFTC) chair Christopher Giancarlo believes that the next U.S. Securities and Exchange Commission chair might drop the Ripple case. Another poll posted on X by Good Morning Crypto revealed that out of the 1312 votes, over 94% of the respondents believed the Ripple case would be dismissed.
Solana started a fresh increase from the $220 zone. SOL price is rising and aiming for a sustained upward move above the $250 resistance.
Solana (SOL), the fourth biggest crypto, took a halt from its all time high (ATH) rally but it seems like that the crypto whales are not holding back. Data from Lookonchain shows that a whale had scooped $60 million worth of SOL over the past month.
Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin.
The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements.
The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues, despite some recent developments. Ripple has recently gained attention as a U.S. court approved its request to fast-track the final judgment in the XRP lawsuit. This decision could mean the case, which has been dragging on for years, might end sooner.
XRP price is rising and gaining pace above the $1.480 zone. The price is showing positive signs and might soon aim for a breakout above the $1.60 level.
Solana price is on track for its first weekly loss in four weeks as the recent bullish momentum faded. The SOL coin was trading at $240, a few points below the year-to-date high of $264.7.
Ripple's XRP has crossed the hurdle at $1.50 and is trading close to the $1.60 levels at the time of writing. The price has recently broken out above key resistance levels and continues its upward movement. The altcoin is up by more than seven percent in the last 24 hours and is now eyeing $2.
XRP surges 4.78% as Schwab eyes crypto expansion and SEC changes fuel market optimism. Key levels to watch: $1.63 resistance, $2 target.
In the last two weeks, there has been a noticeable increase in whale activity across several cryptocurrencies, indicating that large investors are accumulating these assets. Here are the main points: Toncoin (TON) Whale Purchases: Since November 21, whales have bought about 459,980 TON, worth around $30 million.
ADA, the native token of the Cardano blockchain, is poised to continue its upward momentum after trading sideways for a week. On November 29, 2024, ADA has formed a bullish price action pattern on a smaller time frame and is on the verge of a breakout.
Following a recent resurgence in the general market, Dogecoin has begun to display upside momentum toward higher price levels, which has rekindled optimism about its potential to surpass its previous all-time high and set a new peak in the ongoing market cycle.
Dogecoin saw a surge in retail activity hinting at potential manipulation.
As Shiba Inu's trading volume falls to alarming levels, the company finds itself at a turning point. A declining volume may halt any upward momentum for the token by indicating a lack of confidence among traders in addition to posing liquidity issues.
The Dogecoin price action has returned into a bullish trend in the past 24 hours after spending the majority of the past seven days on a correction path. Particularly, the Dogecoin price is currently up by about 4.5% in the past 24 hours.
Crypto analyst KrissPax has predicted that the Dogecoin price can rally to as high as $3 in this market cycle. The analyst further explained how the foremost meme coin will reach this price target using the Logarithmic scale.
Experts are thrilled about the chances that XRP, the cryptocurrency linked to Ripple, will hit new heights. Recent trends show that it could reach $20 if it can regain its 2017 high against Bitcoin.
Solana price extended its decline on Thursday, trading at $235 at the time of writing after dropping 2.5% of its value on the daily chart. The crypto coin has lost 11% from its all-time high of $264 set five days ago, underlining the pressure from profit-taking.
Cardano (ADA) is back in the spotlight, surging by more than 7% over the past 24 hours and reclaiming its position above the $1 mark. As one of the leading altcoins, ADA's price movements are closely monitored by investors.
Ripple (XRP) has surged 181.38% in the past 30 days, demonstrating strong market momentum. After reaching $1.63, XRP is now consolidating, with its RSI at a neutral 53.2, signaling balanced market conditions.
Ex-Commodity Futures Trading Commission chair Chris Giancarlo has predicted that the U.S. Securities and Exchange Commission is likely to end its simmering lawsuit with blockchain payments startup Ripple, with its chair Gary Gensler set to resign in January.
Cardano (ADA) whales have made a significant acquisition of 130 million ADA during a recent market dip, signaling bullish behavior and reinforcing critical price levels. As the cryptocurrency approaches the $1.00 mark, all eyes are now on whether this resistance level will be broken in the near future.
Check out ADA's next potential price targets (according to some popular analysts).
Altcoins are regaining dominance in bull runs after meme tokens took the lead.
Over the last 24 hours, XRP has witnessed significant token transfers. WhaleAlert noted the two large XRP transactions totaling about 44 million XRP. Notably, both transactions involved moving substantial amounts of XRP from prominent exchanges to unknown wallets. The most recent transaction involved the transfer of 18.7 million XRP, valued at approximately $27.
Dogecoin (DOGE) Price recently surged to $0.48, its highest level since 2021, while surpassing Porsche in market capitalization at $58 billion.
XRP whales have been actively moving large quantities of the cryptocurrency, with recent transactions indicating strong movements within the market. On November 28, over 18.7 million XRP, worth approximately $27.2 million, was transferred from Binance to an unknown wallet.
The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.
XRP is trading at $1.47, its highest since 2021, and could shatter its 2018 all-time high of $3.317. A rare golden cross, combined with the breach of a 5-year resistance, signals a historic price breakout for the cryptocurrency.
Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don't know if this bottoms until 0.
TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.
Altcoins are surging and dominating headlines, with Dogecoin (DOGE) surpassing luxury automaker Porsche by market cap amid news of a DOGE ETP launch. Top altcoins such as Cardano (ADA), Ripple (XRP), Stellar (XLM), and Ether (ETH) continue to gain impressively, signalling the imminent arrival of the altcoin season.
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XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.
The price of popular cryptocurrency XRP is about to hit an all-time high. Currently trading at $1.47 per XRP, the price of the popular cryptocurrency is at its highest level since May 2021, when the last widely recognized bull market in cryptocurrencies took place.
Ripple edges closer to legal clarity as the SEC lawsuit nears resolution. Court rulings boost XRP's price and market confidence.
The XRP price is ripping higher on the back of mounting positive news flow this week and could hit $40 in three months. Here's why The post Why the XRP Price Could Hit $40 in 3 Months as Ripple News Excites Market appeared first on Cryptonews.
Ripple's investment in Bitwise's rebranded GXRP ETP paves the way for XRP ETF ambitions, reshaping institutional crypto adoption.