An XRP price drop below $2.95 could be a bull trap to collect downside liquidity, but the same scenario could be followed by a 45% rally to new highs.
XRP's price action has been a rollercoaster lately, with the asset showing impressive gains followed by sharp pullbacks. After surging over 5% to an intraday high of $3.2137 on the back of Ripple's latest licensing developments, the altcoin struggled to maintain its bullish momentum, giving up most of the gains by the end of the day.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
The Fed is expected to announce its rate cut decision later this Wednesday.
Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price. The analyst revealed how XRP could flip the Ethereum price to become the second-largest crypto by market cap, behind Bitcoin.
Monetary tensions are intensifying as the BRICS accelerate their quest for independence from the US dollar. This dynamic is upending global economic strategies and prompting major powers to rethink their financial reserves.
XRP is showing signs of a potential breakout, as it recently pushed past the median of its Bollinger Bands on the daily time frame, now sitting at $3.067. This development is an interesting signal.
TL;DR Brad Garlinghouse discussed with Trump the possible inclusion of Ripple (XRP) in the U.S. strategic reserve. Despite the announcement, XRP dropped 3.4% in the last 24 hours, with a 40% decline in trading volume. The market has yet to react to these discussions, waiting for concrete actions instead of statements.
Chinese AI company DeepSeek faces privacy concerns, prompting reactions from XRP lawyers, US officials, and tech industry leaders.
Stuart Alderoty, Ripple's Chief Legal Officer, has expressed optimism that the future leadership of the U.S. Securities and Exchange Commission (SEC) could shift the trajectory of the company's ongoing legal battle.
On-chain analytics provider Santiment data published its January report, looking back at the performance of major cryptocurrencies like Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP). What Happened: January brought extreme volatility to crypto, largely fueled by the inauguration of Donald Trump as the 47th U.S. president.
Ripple's price has been rallying higher over the past few months, and this is true against both USDT and BTC. Yet, as the technical charts suggest, XRP could rise even higher in the near future.
In a key development that has caught the attention of XRP fans, the Ripple suit seemingly vanished from the U.S. Securities and Exchange Commission's website.
SEC's removal of the Ripple lawsuit info sparks speculation that it may be dismissed, fueling optimism in the crypto community.
Right now, the spot exchange needs to handle the buying activity well to prevent a price collapse.
Ripple is aiming for broader adoption of RLUSD by targeting major exchanges like Coinbase, Binance, and Bybit, despite facing technical and regulatory challenges.
A new Ripple USD (RLUSD) reserves report has been revealed by BPM. The report focuses on Ripple's subsidiary, Standard Custody & Trust Company, which is responsible for the completeness, accuracy and validity of RLUSD reserves until Dec. 31, 2024.
Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token's recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well.
Jacob Canfield, seasoned trader and analyst, shares his thoughts on XRP's price performance in the short term. The Ripple-linked cryptocurrency is “unironically” among his altcoin picks right now.
Analysts in the cryptocurrency market project 2025 industry predictions will ride on Bitcoin alongside Ethereum, XRP and Ozak AI.
"It's still there, and nothing new has been filled," one popular attorney said.
Margex, a well-known crypto trading platform, has announced its support for Ripple's RLUSD stablecoin. This addition allows traders to use RLUSD as collateral when trading various crypto pairs. The move aims to provide users with more secure and efficient trading options, reinforcing Margex's commitment to innovation and accessibility in the crypto market.
Amid all the pro-crypto optimism surrounding the Trump administration, the price of XRP (XRP -3.03%) has absolutely skyrocketed. It's now up 450% since the election.
Ripple (XRP) has long been a dominant player in the cryptocurrency market, revolutionizing cross-border payments and establishing itself as a leader in blockchain-based financial solutions.
XRP enthusiasts are eagerly awaiting Ripple's XRP Community Day, which kicks off today with a virtual global event. Early signals suggest that Ripple has big plans for the XRP ecosystem, and the excitement is palpable.
The Ondo Short-Term US Government Treasuries (OUSG) fund will launch on the XRP Ledger. It is expected to go live within the next six months.
The cryptocurrency market is abuzz as crypto whales shift their focus, fueling speculation about the next big moves.
Bitcoin maximalists criticized Ripple, arguing that BTC is a superior store of value, while Brad Garlinghouse called for industry collaboration.
Ripple CTO David Schwartz reacts as a pro-XRP lawyer raises concerns over the Chinese tech startup, DeepSeek AI's security. Notably, this comes amid increasing scrutiny of the Chinese AI startup from the US, which has revealed a flurry of privacy concerns regarding the platform.
XRP (XRP -1.50%) is off to a terrific 2025. The Ripple crypto project is still dealing with a Securities and Exchange Commission investigation, but a significantly improved regulatory environment from the new presidential administration has investors feeling bullish about the future.
In a significant development, Ripple has minted 1,050,000 RLUSD tokens at the RLUSD Treasury, according to the X Community account Ripple Stablecoin Tracker. The minting of 1,050,000 RLUSD tokens remains significant as the Ripple stablecoin continues to expand its presence in the stablecoin market.
Ethereum (ETH) and Ripple XRP prices struggling to recover from the weekend battering they went through as the DTX Exchange presale reaches its final round.
XRP has demonstrated market resilience with a 518% gain since November, recently bouncing back 17% from local lows while maintaining steady on-chain metrics despite short-term bearish technical indicators.
Venice AI Token, Bitcoin, XRP, and other cryptos spark market conversations, with mixed reactions and potential growth.
IntelMarkets rushes to a potential $5 price point, eyeing a massive 5,000% surge in the near term. On the flip side, XRP price eyes a rebound after dropping to $2.85.
Ripple's XRP has experienced an impressive 8% surge in the past 24 hours, bringing its price to around $3.10. This rise follows a period of correction that many analysts believe ended in mid-January, setting the stage for a potential fifth-wave rally.
The top utility altcoins to keep an eye out for in 2025 are Ripple and DTX Exchange. The XRP price might reach $15, and DTX could hit $2 after it is listed.
There's been a lot of buzz recently after Ripple CEO Brad Garlinghouse joined an XRP-focused Twitter space. During the session, he discussed a range of topics, including the potential role of XRP in the future of the U.S. economy.
Lately, the chatter about quantum computing and its possible impact on cryptocurrencies has picked up again. At the center of it is a question: if Bitcoin is not quantum-proof, why would the U.S. government even consider it a strategic reserve asset?
Yoshitaka Kitao, the head of the Japanese SBI Group behemoth, has taken to social media to support SBI's partner Ripple and share a press release shared by the Ripple team about the next step for the Ripple Payments solution and the prospects of the crypto industry for the next four years.
Ripple CEO Garlinghouse gives credit to Trump for XRP's successful growth. XRP DEX hits a milestone of $400 million in swap.
Ripple's XRP Ledger decentralized exchange (DEX) has processed over $1 billion in cryptocurrency swaps since its 2024 launch, with $400 million in January alone, averaging $17 million daily.
The crypto industry is buzzing with XRP price performance, especially as the famous DeepSeek AI model predicts this token will hit $30 in 2025. This AI model is a trending tool that influenced the recent crypto and stock market crash but has predicted a massive rally for Ripple token.
Ripple Labs has made significant moves within the US financial space. The payment company recently secured a money transmitter license in two powerhouse states in the US: Texas and New York.
In the latest XRP News, Ripple CEO Brad Garlinghouse has shared his thoughts on how “Maximalism” impacts the broader crypto market. However, a top Bitcoin analyst has sparked discussions with his recent comment on Garlinghouse's post.
XRP is attempting to form a new all-time high (ATH), but its price action remains volatile. The altcoin has repeatedly tested the $2.95 support level, struggling to maintain upward momentum.
The World Liberty Financial Initiative (WLFI), a cryptocurrency project linked to former U.S. President Donald Trump, has made headlines recently due to its rapid accumulation of crypto assets. Notably, however, the project has conspicuously avoided purchasing XRP, one of the most prominent cryptocurrencies.
XRP, the digital currency associated with Ripple, has experienced a significant recovery today, rising by more than 12% after a sharp decline on January 27. The price of XRP dropped below $2.80 during the market crash but has since rebounded and is currently trading at over $3.10.