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Ripple News
TheNewsCrypto
2w
151
XRP Dips 3.54% as Bulls Target $3.00: Can Momentum Hold?
- XRP is currently trading at $2.40 after a 3.54% drop in the last 24 hours, with market capitalization at $141.13 billion and a trading volume of $5.66 billion.
- Technical analysis shows positive indicators with MACD crossover and rising RSI, suggesting a bullish continuation in XRP's price trend.
- XRP faces resistance at $2.50, and a breakout above this level could lead to a retest of $3.00, last seen in early January 2025.
- XRP recently recovered from a local low around $1.85 and is showing potential for an upward move with support from MACD and RSI indicators.
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Bitcoinist
2w
406
Image Credit: Bitcoinist
Solana Demand Returns: SOL Realized Cap Now Growing At Same Rate As XRP’s
- Solana is now receiving inflows at the same rate as XRP, with the Realized Cap growing at around 4% monthly.
- Realized Cap indicates the total amount of capital investors used to assemble their holdings, showing capital inflows or outflows.
- Recent data shows a positive trend in Solana's Realized Cap, indicating a potential return in demand for the ecosystem.
- The SOL price saw a break beyond $180 but has pulled back to $170.
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24 Likes
Cryptoticker
2w
367
Image Credit: Cryptoticker
Will XRP Price Crash to $0.50? Chart Signals You Shouldn’t Ignore
- XRP price has shown volatile movements, raising concerns among traders about a potential crash back to $0.50.
- On the hourly chart, XRP faces immediate bearish pressure as it struggles around $2.39, with signs of weakness including a descending channel formation.
- The daily chart indicates a possible retracement after hitting a local top near $2.60, testing support levels around $2.29–$2.30 area.
- While a crash to $0.50 is unlikely in the short term, XRP could consolidate between $2.00 and $2.60 before the next breakout attempt, barring major external risks.
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22 Likes
Cryptopotato
2w
406
Image Credit: Cryptopotato
Crypto Price Analysis May-16: ETH, XRP, ADA, SOL, and HYPE
- Ethereum had a strong week with a 15% price increase, currently holding above $2,500.
- Ripple closed the week with a 5% increase, looking to revisit $3 with $2.6 as a key resistance.
- Cardano failed to escape the range between $0.64 and $0.9 but remains bullish with higher highs.
- Solana experienced a 5% price increase but could correct to $152 before challenging $186.
- HYPE gained 10% with a target at $28, signaling a potential major correction after reaching the resistance.
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24 Likes
Crypto-News-Flash
2w
25
Image Credit: Crypto-News-Flash
Flare’s New FXRP System on Songbird Is Breaking New Ground
- Nearly 500K FXRP were minted on Songbird within 24 hours with no minting or redeeming incentives, showcasing a strong adoption of the FAssets v1.1 launch on the network.
- Flare Network's Core Vault feature simplifies the process of unlocking FLR collateral on the Songbird network by allowing users to deposit XRP into a special address on the XRP Ledger.
- The integration of USDT0 stablecoin via Stargate Finance has facilitated seamless cross-chain asset transfers, leading to a significant increase in Flare's Total Value Locked (TVL) and collaborations with platforms like Kraken.
- Flare's focus on security with Core Vault's escrow system and bug bounty program, as well as its expansion beyond finance with initiatives like the Verifiable AI Hackathon, demonstrates its commitment to innovation and broader technology integration.
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1 Like
Crypto-News-Flash
2w
410
Image Credit: Crypto-News-Flash
Top 7 Reasons Ripple Likely Wants XRP to Hit New Highs
- Ripple holds 42.5 billion XRP, making price growth essential for its survival.
- Rising XRP price enhances liquidity, investor trust, and competitive edge over traditional payment networks.
- XRP's value is crucial for Ripple's finances, operations, and long-term sustainability against competitors like SWIFT and Stellar.
- Higher XRP price improves Ripple's financial credibility, attracts enterprise customers, and supports real-time settlement for global transactions.
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24 Likes
Bitcoinist
2w
216
Image Credit: Bitcoinist
Bitcoin Seeing 309,000 New Addresses Per Day: How Do XRP & Ethereum Compare?
- Bitcoin network is experiencing high adoption with 309,000 new addresses created per day, as per Santiment analytics firm.
- Network Growth indicator measures total new addresses created each day; Bitcoin leads with Ethereum lagging behind at 112,000 new addresses daily.
- USDT has 36,400 daily new addresses created, while XRP lags significantly with only 3,500 new addresses per day.
- Bitcoin's consistent top position in Network Growth suggests higher user interest compared to Ethereum, XRP, and USDT.
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13 Likes
Cryptonews
2w
125
Court Blocks Ripple-SEC Deal on Technicality; What About XRP’s Status?
- Judge Torres denied Ripple and the SEC's joint settlement request due to procedural issues surrounding Rule 60(b) motion.
- Ripple's Chief Legal Officer reassured XRP holders that the order does not change XRP's non-security status and it is just a procedural matter.
- Attorney Fred Rispoli sees this as a minor setback and suggests that Ripple and the SEC may need to seek relief under the correct rule with the court.
- Following the news, XRP's price dropped nearly 8% to US$2.36, still trading 38% below its all-time high of US$3.84 from January 2018.
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7 Likes
Newsbtc
2w
21
Image Credit: Newsbtc
Surprising Link Between XRP And Crude Oil Revealed By Analyst
- Independent market technician Dom has highlighted an unconventional ratio between XRP and West Texas Intermediate crude oil.
- XRP/USOIL pair shows consistent resistance at a specific level since December, suggesting potential for a breakout to new all-time highs if breached.
- Despite heavy sell pressure on XRP, professional liquidity providers are absorbing the tokens, indicating a possible explosive upside once sellers exhaust themselves.
- Analyst Dom believes monitoring the XRP/USOIL pair offers a unique perspective on price action, with potential for significant movements based on technical breakout points.
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1 Like
Bitcoinist
2w
259
Image Credit: Bitcoinist
When Will The XRP Price Explode? Timeline Shared By Crypto Pundit
- XRP's price has closely followed Bitcoin's recent price action, experiencing a 3.3% decline in the past 24 hours after a rejection from resistance.
- Crypto strategist Cryptoinsightuk predicts XRP's next explosive rally to align with key phases in Bitcoin's dominance cycle, leading to an altcoin season.
- Bitcoin dominance nearing the 70% mark historically signals the beginning of major altcoin seasons, potentially benefiting coins like XRP that have shown ability to outperform during such cycles.
- XRP's next leap in price and new all-time highs are expected to coincide with Bitcoin breaking through the $104,000 to $117,000 range, leading to capital rotation into altcoins and a significant price increase for XRP.
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15 Likes
Zycrypto
2w
203
Image Credit: Zycrypto
Crypto Hedge Funder Slams Ripple’s XRP As A Meme Coin With No Utility; Here’s Why
- CIO of Arca hedge fund dismisses XRP as a 'meme coin' with no financial utility, comparing it to $TRUMP token.
- XRP's market cap of around $150 billion is attributed mainly to its social value according to the Arca exec.
- However, XRP may gain utility value through Ripple's dollar-pegged stablecoin, RLUSD, deployed on the XRP Ledger and Ethereum blockchain.
- Future potential for XRP's financial value exists through acquisitions, such as Ripple potentially acquiring stablecoin issuer Circle.
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12 Likes
Crypto-News-Flash
2w
43
Image Credit: Crypto-News-Flash
Ripple Meets UAE Leaders to Advance Blockchain Payment Solutions
- Ripple is working on enhancing cross-border payments in UAE, leveraging its customer base in the Middle East.
- Monica Long, President of Ripple, met UAE leaders to align with government's digital finance ambitions.
- The discussions at Dubai Fintech Summit focused on promoting innovation and teamwork in the fintech industry.
- Analysts predict XRP prices could rise significantly to between $4 and $33, with the potential to go even higher.
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2 Likes
Crypto-News-Flash
2w
424
Image Credit: Crypto-News-Flash
Top Altcoins to Watch in 2025 as New Crypto Bull Run Begins
- The crypto bull run has investors and market analysts on red alert as altcoins register double-digit gains.
- Top altcoins to watch include PEPE, SOL, ETH, and XRP according to analyst VirtualBacon.
- Bitcoin is holding steady above $100,000, and Ethereum is seen as a strong buy by VirtualBacon.
- Ripple (XRP) is benefiting from positive developments, while meme coins like PEPE are showing strong performance.
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25 Likes
Crypto-News-Flash
2w
233
Image Credit: Crypto-News-Flash
Ripple News: XRP Named as Top Cross-Border Tool by International Finance Group
- Ripple's XRP recognized by IIF as a top cross-border tool for speed and low-cost settlement in BIS consultation feedback.
- IIF's report highlights XRP for providing quick and cost-effective transactions compared to current systems, lauding Ripple's network for near-instant settlement times.
- XRP's use in cross-border payments gains traction as legacy banking systems face challenges, with Ripple's system being praised for its clarity in underserved regions.
- Despite Ripple's stablecoin RLUSD not being mentioned in the IIF report, Ripple continues to expand its global payment operations through real-world use cases.
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14 Likes
Newsbtc
2w
273
Image Credit: Newsbtc
XRP Makes Double Rejection – Here’s Where It Might Be heading Next
- XRP faced double rejection at resistance levels near $2.65 and $2.57, indicating sellers may be gaining control.
- Volume-price divergence suggests weakening bullish momentum, although the Relative Strength Index (RSI) hints at potential upside movements.
- Analyst Andrew Griffiths advises caution due to uncertainty in the market, emphasizing the need for stronger buying volume or sustained price increases for bullish confirmation.
- Key short-term support for XRP identified at $2.37, with potential for either consolidation or further upward movement depending on market dynamics.
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16 Likes
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