As SEC Chair Gary Gensler prepares to exit, investors are flocking to XRP, an asset that's been targeted under his leadership.
Crypto analyst Dark Defender has shared his Elliot Wave Theory analysis, which shows that the XRP price can rally to as high as $18. The analyst's accompanying chart further showed when XRP can reach this double-digit price target.
XRP, the native token of Ripple, has gained significant traction in recent weeks, with its price soaring by more than 100% in just two weeks. As of November 21, 2024, XRP is trading at $1.11, a marked increase from its recent lows.
XRP is now closer to its all-time high than at any point in the past three years, driven by a remarkable rally.
The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
XRP, has been one of the most prominent digital assets in the cryptocurrency world. Despite the volatility seen in the crypto market, XRP has shown resilience, gaining significant attention due to its unique use case in the global remittance and payment sector.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
The XRP price has exploded 30% to $0.45 as it marches towards reclaiming its all-time high of $3.84. Can it reach $5 or even $10 before 2025? The post XRP Price Prediction: Ripple XRP to Kick-Start Altcoin Season With Charge to $10 by 2025? appeared first on Cryptonews.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Gary Gensler's resignation sparks speculation on Ripple's SEC case, hinting at potential shifts in crypto regulation and XRP's future.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
XRP has experienced a remarkable surge in recent weeks, doubling in value and inching closer to its 2018 all-time high (ATH).
XRP surges past $1.40, fueled by Gary Gensler's resignation and a growing altcoin rally. Bulls target $2 amid momentum.
Garlinghouse expressed concerns about the current regulatory environment under the Biden administration, which he believes has been unhelpful for the growth of digital currencies. Instead, he looks back to the time when Donald Trump was president, suggesting that the crypto industry had a more favorable outlook under his leadership, especially in terms of clear regulations and support for innovation.
Ripple, Kraken, and Circle are elbowing their way into what could become the most influential crypto group in U.S. history: Donald Trump's crypto advisory council.
Ripple's XRP is up by more than 30 percent in the last 24 hours and is trading close to the $1.45 levels. SEC Chair Gary Gensler's resignation has sparked this massive rally and experts are now making predictions ranging between $5 and $10.
TL;DR XRP is up 30.37% in the last 24 hours, reaching $1.44. Gary Gensler's resignation as SEC chairman sparks optimism in the crypto market. Uncertainty over XRP's status could be resolved with a change in SEC management. The XRP cryptocurrency has seen a significant increase in its value, rising by 30.
Beneath the cryptocurrency market's optimism that arose from Donald Trump's re-election and the associated bull run, there is no shortage of confusion about what his re-election will mean for the industry and the economy more broadly.
As the price of popular cryptocurrency XRP continues its relentless rise, smashing one high after another, it finally reached the $1.50 point today, where holders decided to unload some of their holdings, triggering a cascade of liquidations and dragging the price down 9.88% to $1.35 in just one hour.
XRP lawsuit: The exit announcement of the US SEC chair Gary Gensler has boosted the broader crypto market sentiment, sparking hopes over a new pro-crypto regulator to replace him. Amid this, pro-XRP lawyer Jeremy Hogan has predicted the conclusion timeline for the Ripple SEC lawsuit, sparking discussions in the market.
On Thursday, the XRP price soared to $1.41, marking its highest trading value in over three years. This surge coincides with a shifting regulatory landscape in the United States, spurred by the anticipated administration of President-elect Donald Trump.
XRP has been one of the most talked-about cryptocurrencies in recent weeks, seeing a significant increase in its price. After reaching a three-year high of $1.27, the token has ignite excitement in the crypto community.
XRP is on the verge of a technical pattern known as a "golden cross" in its Bitcoin (BTC) pairing. This pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average, indicating potential upward momentum.
Stuart Alderoty, Ripple's chief legal officer, has taken to his X account to share an image of an art object. This triggered a wave of comments from an amused XRP community.
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XRP has shocked the crypto world with a massive 188% price surge, jumping from $0.5031 to $1.449 in just two weeks! This dramatic rise is turning even the harshest critics into believers. Now, renowned crypto expert Raoul Pal is weighing in, sharing his profitable XRP strategy.
Analysts expect the 2017 bull rally to occur again as Cardano (ADA) and XRP prepare themselves for the season. Both coins are gaining support and are increasing the probability of new investors coming into their respective ecosystems. While these giants prepare for another potential breakout, all eyes are on one emerging star: Rexas Finance (RXS).
XRP has been on an impressive ride in recent weeks, capturing attention with its explosive price movement. In mid-November 2024, the cryptocurrency surged from $0.55 to $1.26 in just one week, marking a remarkable 129% rally.
Popular crypto trader known by the nickname "DonAlt" recently shared an updated outlook on the price performance of two of the most hyped alternative cryptocurrencies right now: Dogecoin (DOGE) and XRP.
XRP's meteoric rise to $1.46, gaining 31% in a single day and 77.16% over the past week, has reignited excitement across the cryptocurrency space.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
On Wednesday, Ripple CEO Brad Garlinghouse gave an interview to Maria Bartiromo on Fox Business to discuss the impact of the Trump administration's pro-crypto stance on the digital asset industry, Ripple's strategy, and regulatory clarity. Garlinghouse explained Ripple's focus on improving cross-border payments by leveraging blockchain technology and its native digital asset, XRP.
As XRP continues to melt the faces of haters and skeptics with its skyrocketing price action, many made a U-turn on this popular cryptocurrency and began to wonder what the prospects of this crypto market old-timer actually are. In one of these miracles, Raoul Pal gave his verdict on XRP, answering one of the followers' questions.
With Bitcoin ($BTC) approaching $100,000, the crypto market is starting to flourish. Ripple ($XRP) and Stellar ($XML) are two cryptocurrencies from previous bull markets that are front-running this resurgence.
Recently, XRP has experienced a remarkable surge approaching the crucial $2 mark. Indicating the possibility of a breakthrough in the upcoming days or weeks, the current chart displays bullish momentum.
XRP is among the beneficiaries of the current bull run, with the token finally breaking above the $1 mark, sparking interest in how far the rally can go.
In the last 24 hours, the XRP market has recorded an astounding rise of 22.6%. The market has outperformed almost all of the top cryptos, including Bitcoin (+1.1%), Ethereum (+7.7%), Solana (+6.7%), BNB (+2.7%), Dogecoin (+1.8%) and Cardano (+9.8%).
Ripple's XRP zoomed past $1.4 on Friday — its highest price point since May 2021 after United States Securities and Exchange Commission Chair Gary Gensler announced his resignation date.
XRP and Cardano lead an altcoin surge as Bitcoin consolidates, signaling a redistribution of profits and market focus.
Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.
The broader crypto ecosystem is soaring to new highs, with the combined market cap now at a record $3.4 billion. XRP joined this uptrend with its price crossing its three-year high as it soared above $1.42 overnight.
Big news today—Gary Gensler has announced his resignation, sharing a tweet and an article on the SEC's website, where he praised his own tenure. However, his self-congratulatory remarks have been met with criticism, as many believe his time at the SEC was marked by poor leadership and regulatory overreach.
XRP has gone up by 24.9% in the past 24 hours of trading. The token's price bounced after SEC Head Gary Gensler announced he will be leaving his post, effective on Jan. 20 2025.
XRP's price has skyrocketed in recent days, fueled by speculation of a favorable resolution to Ripple's ongoing legal battle with the SEC following the resignation announcement of Gary Gensler, the SEC Chairman.
XRP's price jumped 25% to $1.40 following SEC Chairman Gensler's announced departure, while setting new trading volume records and gaining attention from institutional investors through WisdomTree's European ETP launch.
During the time of Gensler, the SEC was generally perceived as being hostile to the crypto industry.
Ripple's (XRP) price rallied by 25% in the last 24 hours following Gary Gensler's announcement that he would resign as the US Securities and Exchange Commission (SEC) chair on January 20, 2025.