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Ripple News
TronWeekly
1h
200
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XRP Breakout Alert: Technical Indicators Align for Potential Rally Above $3.60
- XRP is on the verge of a potential breakout as various technical indicators align.
- Notable patterns include a cup and handle formation and tight EMA compression.
- Key support is at $2.07 with upside targets at $2.22 and $3.61.
- XRP's price action has been compressing within a narrowing range, indicating a potential sharp move.
- The cup and handle pattern, combined with Fibonacci levels, suggest a bullish breakout.
- EMA compression indicates indecision in the market, potentially leading to strong breakouts.
- XRP is currently within the Ichimoku Cloud, highlighting the building pressure and narrowing range.
- Traders are awaiting confirmation of a breakout, with key levels defined at $2.07 and $2.22.
- A breakout above $2.22 could lead to a rally towards $3.61 as a longer-term objective.
- Investors should monitor the overall cryptocurrency market sentiment and macroeconomic news.
- XRP's price direction in the coming weeks will be influenced by the convergence of technical indicators.
- The market awaits a decisive move for XRP as it approaches critical price levels.
- The decision point is imminent, offering opportunities for traders based on price movements.
- XRP's fate hangs in the balance as it nears key technical levels.
- The coming days are expected to bring rapid price changes for XRP, presenting trading opportunities.
- The cryptocurrency market continues to experience volatility, affecting XRP's potential breakout.
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Zycrypto
16h
69
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‘XRP May Never Be This Cheap Again’ — Analyst Predicts 15x Rally to $15 XRP Price by 2030
- XRP is currently trading at approximately $2.13, showing a modest increase from the previous close.
- Analysts predict a potential 15x rally to $15 by 2030 based on widespread adoption, utility in cross-border payments, and positive regulatory developments.
- AI projections estimate XRP reaching $10 to $64 by 2030, contingent on increased cross-border payments and expanded partnerships.
- Ripple's global financial partnerships and focus on real-time settlement contribute to XRP's potential revaluation.
- Recent regulatory advancements, including a U.S. judge ruling that XRP isn't a security on exchanges, boost investor confidence.
- XRP displays signs of a bullish reversal, with recent price increases and breaks above key resistance levels.
- The Relative Strength Index (RSI) suggests growing underlying strength, supported by historical price support in the $2.10-$2.20 range.
- XRP faces resistance at the $2.50 level where the 50-day and 200-day EMAs converge, which could signal a longer-term uptrend if surpassed.
- Investors need to monitor key technical indicators to confirm a sustained bullish trend for XRP's price.
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Bitcoinist
22h
295
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XRP Lawsuit: Lawyer Predicts Final Ruling By Next Week As Odds Improve
- Ripple Labs is hopeful that its legal battle with the US SEC could be nearly over as they seek an 'indicative ruling' to dissolve the injunction and reduce the civil penalty to $50 million.
- The parties are waiting for Judge Analisa Torres to make a ruling that would lead to the dissolution of the injunction and the acceptance of the reduced penalty, ultimately ending the litigation.
- Ripple's defence lawyer believes the supplemental letter could be decisive in the case, leading to a positive ruling soon.
- The settlement timeline involves obtaining the indicative ruling, a limited remand from the US Court of Appeals, dissolution of the injunction, payment of the penalty, and dismissal of appeals.
- The settlement agreement was signed in April and is currently pending approval with potential completion in the next few weeks.
- While awaiting the ruling, appeals are on hold, with parties preferring to conclude the matter in the district court if approved by Judge Torres.
- Judge Torres's previous ruling stated that XRP sales were not investment contracts, imposing a $125 million penalty now under challenge.
- If the indicative ruling is issued soon, the case could be remanded before August, allowing the parties to finalize the deal and end the litigation during the summer recess.
- XRP is currently trading at $2.16.
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Cryptopotato
23h
7
Image Credit: Cryptopotato
Spot Ripple (XRP) ETFs Are Going Live in North America Today: Details
- Canadian regulators approve two spot XRP ETFs while the US SEC delays decisions on filings.
- 3iQ Corp's XRPQ ETF launches on the Toronto Stock Exchange with a 0% management fee for the first six months.
- XRPQ will invest in long-term XRP holdings from reputable digital asset platforms and OTC counterparties, storing assets in cold storage.
- Purpose Investments introduces the Purpose XRP ETF (XRPP), providing a secure and investable format for XRP's real-world utility.
- The Purpose XRP ETF will also trade on the TSX and aims to cater to Canadian investors seeking transparent access to digital assets.
- 3iQ Corp's President highlights XRP's growth potential and offers a cost-effective way for investors to access the opportunity.
- Purpose Investments' VP of Digital Assets emphasizes the XRP ETF as a simple and secure solution for investors looking for exposure to the digital asset market.
- Canada sees progress with XRP ETFs while the US SEC postpones decisions on ETF filings, including Franklin Templeton's application.
- The US SEC also seeks public comments on CBOE's proposal amidst ongoing delays in the decision-making process.
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Coinjournal
1d
165
Image Credit: Coinjournal
Bitcoin Pepe presale nears major milestone ahead of Fed decision
- Bitcoin Pepe's presale is approaching the $15 million mark with a recent surge in inflows.
- A listing announcement on June 17 and an upcoming announcement on June 30 have fueled interest in the project.
- Cryptocurrency market saw a decline following U.S. President Donald Trump's remarks on geopolitical tensions.
- Bitcoin, Ethereum, and Ripple were trading near key levels after a broad sell-off.
- Investor sentiment turned cautious amidst escalating Israel-Iran conflict.
- Geopolitical concerns historically trigger a shift towards safer assets.
- Analysts warn of further downside risk for cryptocurrencies if tensions escalate.
- Attention is on the Federal Reserve meeting for cues on risk assets.
- A dovish stance from the Fed could benefit crypto assets amid volatility.
- Interest rate decision and rate projections from the Fed will be closely watched.
- Rate outcome and dot plot will impact market sentiment and cryptocurrencies.
- Bitcoin Pepe aims to benefit from a supportive market environment for high-risk assets.
- The project combines cultural relevance with technical innovation.
- Bitcoin Pepe has raised $15 million in its presale and plans listings on MEXC and BitMart.
- Upcoming listing announcements are expected to enhance visibility and credibility of the project.
- Investor interest in Bitcoin Pepe is likely to increase with upcoming developments.
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Blockonomi
1d
230
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Senate Passes GENIUS Act to Regulate Stablecoins; Ripple CEO Calls It a Landmark Win
- The U.S. Senate passed the GENIUS Act, the first bill in the U.S. focusing on regulating payment stablecoins.
- Ripple CEO hailed the act as a significant development in digital asset legislation.
- The bipartisan bill made progress after more than 40 amendments were considered in the Senate committee.
- The GENIUS Act could shape not only global stablecoin policies but also U.S. cryptocurrency oversight leadership.
- The bill aims to establish regulatory clarity in the crypto sector and enhance consumer protection and national security.
- Co-sponsored by Senators from both parties, the bill directly addresses payment stablecoins.
- The Senate Banking Committee endorsed the bill after extensive consultations and bipartisan support.
- Senator Tim Scott led bipartisan negotiations for the GENIUS Act, emphasizing regulatory clarity in a complex space.
- Ripple CEO Brad Garlinghouse praised the bill's passage as a historic moment in financial policy.
- The bill now moves to the House for further consideration, marking a significant milestone in digital asset regulation.
- Senator Scott's focus on digital economy rules led to the formation of the Senate's Subcommittee on Digital Assets.
- The GENIUS Act positions the U.S. to influence global standards in digital finance regulation.
- The approval of the bill by the Senate signals a new phase in stablecoin regulation with potential implications for crypto laws nationwide.
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Crypto-News-Flash
1d
219
Image Credit: Crypto-News-Flash
XRP Ledger User Base Grows 7x — Will the Token Follow with a Price Jump?
- The XRP Ledger has seen a significant increase in daily active addresses, soaring from 35,000 to over 295,000 in a week.
- Whale wallet count set a new record at 2,700, indicating a surge in stakeholder adoption.
- Santiment data reveals rapid growth in XRP Ledger user base, signaling increased trust and interest in the protocol.
- The number of wallets holding over one million XRP has hit an all-time high at 2,700, reflecting growing institutional and large holder participation.
- XRP is trading at $2.20, with trading volumes surging 157.23% in 24 hours, indicating heightened interest and speculation.
- Technical indicators show a mixed sentiment in XRP trading, with bullish momentum fading in the short term.
- The price action has yet to exhibit a strong upward breakout despite the growth in XRP Ledger user base and whale activity rise.
- Ripple's new grant program tied to the XRP Ledger for early-stage Web3 startups in Japan is set to boost adoption.
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Coinjournal
1d
274
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XRP price holds above $2 as SEC delays Franklin Templeton XRP ETF
- XRP price drops below $2.30 as SEC delays Franklin Templeton’s spot XRP ETF decision.
- Geopolitical tensions, including the Israel-Iran conflict, lead to a broader crypto market dip.
- XRP's price prediction depends on support at $2.00 and resistance at $2.50.
- Ripple’s XRP token fell close to $2.00 amidst a market downturn fueled by geopolitical tensions.
- Geopolitical tensions, especially the Israel-Iran conflict, caused a decline in risk assets like Bitcoin and XRP.
- US President Donald Trump's remarks on a peace deal added to market uncertainty and dampened sentiment.
- XRP faced increased pressure as the SEC delayed the decision on Franklin Templeton’s spot XRP ETF.
- XRP's price decline followed the SEC's extension of the review of the ETF, dropping below $2.20.
- XRP experienced a 6% loss, reaching lows of $2.13.
- Despite market volatility, XRP maintained above the crucial $2.00 level.
- The market's reaction is uncertain due to geopolitical risks and the Fed's interest rate decision.
- Most expected the SEC to delay the XRP ETF decision, potentially seeking eventual approval.
- XRP struggles to hold above $2.30, impacting buyer confidence.
- XRP currently trades around $2.20, with key support at $2.00 and resistance at $2.50.
- Technical indicators show mixed signals, with potential for oversold conditions and a slight uptick.
- Price prediction suggests a breakout above $2.30 could target $2.50 and potentially $3 ahead of SEC decision.
- A breakdown below $2.00 may test bullish sentiment and focus on the $1.75 support area.
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Crypto-News-Flash
2h
78
Image Credit: Crypto-News-Flash
XRP News: XAODAO Is Going Live — Get Ready for a New Era of XRPL Governance
- Ripple has introduced XAODAO, a decentralized organization, to revolutionize innovation on the XRP Ledger (XRPL) with a focus on decentralized decision-making and enhancing community participation.
- XAODAO operates based on decentralization, blockchain technology, and member engagement to empower XRPL members in participating, voting, building, and funding innovation.
- This initiative shifts decision-making control from central authorities to the community, ensuring transparency, security, and reliable operations.
- XAODAO has legal accountability and is considered more than just a decentralized finance (DeFi) project, aiming to provide community governance for the XRPL to allocate development funds.
- With a structured process of proposing, voting, influencing, and repeating, XAODAO enhances community governance on the XRP Ledger.
- The potential of XRP token's breakout and performance is also highlighted, as it currently struggles with a 0.11% decline, trading at $2.1.
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Crypto-News-Flash
4h
328
Image Credit: Crypto-News-Flash
Ripple’s Potential IPO May Fuel XRP Surge, Analysts Warn of ‘Insane Valuation’
- Ripple's potential IPO speculation is fueling XRP price surge near its breakout point.
- Analysts believe Ripple going public could trigger XRP to reach new highs.
- Recent corporate actions suggest Ripple might be preparing for a public listing despite officials denying immediate IPO plans.
- XRP has been trading within a symmetrical triangle since a sharp drop in January 2025.
- XRP is currently at $2.14, indicating a 2.2% decline in 24 hours.
- Wealth Group founder Johnny anticipates a potential strong breakout for XRP especially with Ripple's IPO proceedings.
- Analysts compare Ripple Labs' potential public listing to Circle's IPO, which significantly increased its valuation.
- Market analyst Dennis Liu sees Ripple's IPO as a turning point that could lead to major gains for XRP.
- Ripple completed a $700 million share buyback at $175/share, hinting at a valuation close to $25 billion.
- Despite official denials, Ripple has displayed signs of IPO readiness by hiring for corporate development roles and recent acquisitions.
- Attorney John Deaton believes an IPO for Ripple, with legal matters settled and a strong balance sheet, is possible and appealing.
- Investors are closely monitoring Ripple's actions, including VivoPower's $121 million investment in XRP.
- CNF reported VivoPower partnering with the Flare blockchain to generate yield from its XRP holdings.
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Newsbtc
15h
98
$8 XRP Breakout Brewing — SEC No Longer A Roadblock, Bullish Analyst Says
- XRP investors are optimistic as analysts foresee a potential breakout to $8 amidst favorable regulatory conditions.
- The US SEC no longer seen as a hindrance, paving the way for XRP's upward movement.
- An analyst known as Crypto Beast predicts a minimum breakout target of $8 for XRP, backed by market dynamics and regulatory clarity.
- XRP secured a legal victory in July 2023, resulting in a price surge to $0.93, subsequently stabilizing around $0.50.
- Following the legal win and shifts at the SEC, XRP surged to $2.00, indicating market potential according to Crypto Beast.
- Crypto Beast points to a bull flag chart pattern suggesting a potential rally to $8.80 or higher, driven by XRP's recent market performance.
- The analyst also anticipates positive trends for other cryptocurrencies, including Solana, Ethereum, and smaller tokens.
- XRP's market cap could exceed $500 billion if the forecasted price targets are met, aligning it with major companies like Oracle and Mastercard.
- Despite bullish forecasts, potential risks such as market volatility and shifts in sentiment are acknowledged by Crypto Beast.
- An exit strategy with stop-loss levels is advised by the analyst to manage potential downsides in XRP's price action.
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Bitcoinist
15h
98
Image Credit: Bitcoinist
Expert Says Patience Is Key As XRP Hovers Around $2 Ahead Of The Ripple-SEC In August
- XRP is maintaining its position around $2 as traders anticipate a breakout, but experts advise patience amidst the Ripple-SEC legal battle.
- Market analyst Egrag Crypto emphasizes the importance of waiting as the market awaits the upcoming legal update in August.
- XRP is near the $2 level and is showing signs of building momentum towards breaking a descending trendline.
- Despite facing resistance near $2.23 and a recent rejection, a bullish setup is evident on the XRP chart.
- Potential targets for XRP are at $2.2 and $2.32 if it can sustain levels above the descending trendline.
- A downside retest near $1.90 is also possible, marked as a key accumulation zone.
- A legal delay in the Ripple-SEC case has brought uncertainty, impacting short-term market sentiment.
- Ripple and the SEC requested a pause in the appeal process until August 2025, delaying a decision on an indicative ruling.
- The legal pause amid XRP's breakout attempt might lead institutional players to enter the market around the $2 level.
- XRP's breakout potential remains uncertain until the legal ruling in August, keeping the market in a holding pattern.
- Traders are advised to monitor technical breakout confirmations and legal developments to gain clarity on XRP's future price action.
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TheNewsCrypto
17h
187
Canada Debuts First Spot XRP ETFs as Purpose and 3iQ Launch on TSX
- Canada has launched its first spot XRP exchange-traded funds (ETFs) on the Toronto Stock Exchange (TSX) through Purpose Investments and 3iQ.
- Purpose Investments introduced XRPP, offering XRP exposure in CAD-hedged, CAD non-hedged (XRPP.B), and USD (XRPP.U) units.
- 3iQ launched XRPQ, backed by Ripple and initially featuring zero management fees for six months.
- Both ETFs were approved by the Ontario Securities Commission (OSC) before their release.
- Purpose's XRPP utilizes institutional-grade custody via Gemini and Coinbase, suitable for registered accounts like TFSAs and RRSPs.
- 3iQ's XRPQ provides secure cold storage, accessible to Canadian investors in registered accounts, and potentially to international investors based on local regulations.
- XRPQ aims to attract institutional interest with an initial six-month fee waiver, highlighting regulated entry to digital assets by 3iQ CEO Pascal St-Jean.
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Crypto-News-Flash
19h
177
Image Credit: Crypto-News-Flash
XRP Builds Pressure: 200-Day Consolidation May Fuel Explosive Upside
- XRP is in a period of consolidation near the 200-day mark, trading between $1.90 and $2.90, with analysts predicting an upcoming breakout that could lift its price significantly.
- The current triangle pattern formed by XRP resembles its 2017 breakout setup, creating bullish sentiment among analysts.
- Analysts suggest that a breakout from the triangle could propel XRP to $3.70 or even $10, possibly reaching as high as $25.
- Ripple CEO Brad Garlinghouse has hinted at XRP potentially securing a substantial market share of SWIFT's cross-border payment market by 2030, adding to the positive outlook for XRP.
- Some projections indicate that due to its extended consolidation period lasting nearly seven years, XRP could rally between $8 and $10, with further bullish scenarios pointing to a price of $25 or more.
- However, not all traders are convinced about XRP's future price, with concerns about a possible bearish pattern leading to a decline toward $1.33.
- Despite differing views, XRP was recently ranked as the most bullish cryptocurrency in a poll on CoinMarketCap, with 91.3% of participants agreeing on its strong potential to reach $5.
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Newsbtc
1d
371
XRP Bullish Signal: Shark & Whale Wallets Set New All-Time High
- On-chain data reveals an increase in XRP shark and whale population alongside heightened blockchain activity.
- Santiment reports a new high in the number of XRP wallets holding over 1 million tokens, totaling 2,708 wallets.
- The surge in wallets with significant holdings suggests potential entry of new big-money investors in the XRP network.
- XRP Daily Active Addresses have notably spiked to an average of 295,000 addresses daily, indicating increased transaction activity.
- This surge signifies growth in usage and stakeholder engagement on the XRP ledger.
- XRP price briefly surpassed $2.33 but retreated to $2.20 thereafter.
- The network now reflects an uptrend in holders with substantial XRP volumes, potentially influencing market sentiment.
- The increased activity among large XRP holders, known as sharks and whales, can be a key indicator of market trends.
- The XRP Supply Distribution chart illustrates a rise in wallets with over a million coins, signaling growing interest from major investors.
- The Daily Active Addresses metric exhibits a significant increase in transaction participation, potentially boosting network activity.
- Santiment's data suggests a positive outlook for XRP's growth and stakeholder involvement.
- The recent uptick in XRP network metrics may impact the cryptocurrency's future price performance.
- XRP's bullish momentum saw a spike above $2.33 before consolidating around $2.20.
- The XRP price remains relatively stable following the recent surge in wallet activity and stakeholder engagement.
- The XRP ledger's expansion in usage and key stakeholder participation hints at a maturing ecosystem.
- Further developments in XRP's network metrics could influence the coin's market value in the near term.
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