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Ripple News

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Bitcoinist

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XRP Analyst Highlights Ultimate Targets And Selling Strategy As XRP Price Rebounds

  • XRP analyst Egrag Crypto shared his ultimate targets and selling strategy for the altcoin as its price rebounds, aiming to break $3 resistance and reach new highs.
  • Egrag Crypto plans to take profit at specific targets, selling 25% at each of the first three targets and keeping 25% as a 'moon bag' for XRP.
  • The analyst advises market participants to sell 5% of holdings each time XRP price increases by a set amount, focusing on recovering initial capital and following percentage-based selling strategies.
  • Other analysts like Dark Defender and Ali Martinez also provide bullish outlooks on XRP price, predicting potential targets of $5.85 - $6.39 and $15 respectively amid the current trading at around $2.38.

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Crypto-News-Flash

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Ripple CTO Discusses Strategic Forces That Could Propel XRP Higher

  • Ripple CTO David Schwartz highlighted how XRPL prioritizes XRP liquidity and leverage auto-bridging for transactions.
  • XRP's competitive advantage lies in providing fast and cost-efficient settlements for financial institutions.
  • Schwartz emphasized XRP's privileged position as the core token of the XRP Ledger and its essential role in transaction fees and accessibility.
  • While discussing XRP's vital role in cross-border transactions and enterprise payments, Schwartz refrained from making price predictions but highlighted its significance within the XRPL.

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Bitcoinist

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SBI Teases Explosive Ripple Valuation Ahead Of Potential IPO

  • SBI Holdings reveals that its stake in Ripple Labs will not be recognized on its balance sheet until Ripple goes public or a third-party valuation establishes its worth.
  • SBI holds around 10% equity stake in Ripple, estimating XRP's market capitalization at about $130 billion with tokens under lock-up.
  • With Ripple's legal issue with SEC settled, a potential IPO could unlock significant profits for SBI, expected to exceed $6.5 billion.
  • SBI's crypto-asset business reports significant growth, with revenue reaching $526 million, hinting at potential for explosive growth post-Ripple IPO.

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Crypto-News-Flash

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XRP Adoption Accelerates: 300 Banks Onboard—Is a Price Surge Next?

  • Ripple’s XRP, trading at $2.57, is gaining attention from both institutional and retail investors driven by its increasing utility and adoption.
  • Over 300 financial institutions are now connected to RippleNet, showcasing the accelerated integration of XRP into the global financial system.
  • Price predictions for XRP indicate potential targets at $3.33, $5.85, and a long-term projection of $36, with key support levels at $2.3620 and $2.2222.
  • XRP whales are opening long positions, with optimistic projections suggesting a surge beyond $3 in the near future, fueled by growing confidence in XRP’s bullish potential.

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Crypto-News-Flash

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Why XRP Could Outpace Ethereum and Solana in the DeFi Revolution

  • Ripple Labs' backed XRP is positioned to outperform Ethereum (ETH) and Solana (SOL) in the DeFi sector.
  • XRP community member highlights XRPL's speed and trust by banks as key advantages for DeFi operations.
  • XRPL offers fast transaction settlements, low fees, and new features like XRPL Hooks for lightweight programmable transactions for DeFi.
  • XRPL has real-world traction, institutional support, and favorable regulatory treatment, boosting its DeFi prospects globally.

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Crypto-News-Flash

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Ripple Code Leak Suggests Direct XRP Tie to ISO 20022 Standard

  • Recent code leak suggests potential direct tie between Ripple's XRP and ISO 20022 standard.
  • Community researcher, SMQKE, revealed evidence of XRP's capability for institutional payment infrastructure through references in Ripple's JSON schema to ISO20022.
  • Code snippets from R3 Corda platform hint at integration between XRP and SWIFT protocols, sparking debate within the XRP community about implications.
  • Ripple's CTO, David Schwartz, clarifies that XRP has no inherent linkage to ISO 20022 and differentiates between RippleNet and the XRP Ledger.

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TronWeekly

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Ripple (XRP) Surges Past $2.50, Eyes Return to All-Time High Levels

  • XRP surged from $2.09 to $2.56 this week, gaining 22% and boosting market optimism.
  • Analyst Michaël van de Poppe indicated $1.75 as a significant buy zone, with XRP climbing almost 50% since then.
  • Dark Defender projects XRP hitting $36.76, citing Elliott Wave analysis and a long-term resistance break.
  • XRP has risen 22.49% in the past week, displaying bullish indicators and potential for further growth.

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Cryptopotato

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Ripple (XRP) Price Rockets to 2-Month High After Curious Whale Activity

  • Ripple’s price surged above $2.6 for the first time since March after a whale opened a $12 million long position.
  • XRP's price underperformed larger-cap alts before quickly rising by 10% to $2.67, making it the third-largest cryptocurrency by market cap.
  • A whale opened a $12 million 2x long position on XRP, following a similar move on ETH, aiming for further gains.
  • XRP community anticipates reaching $3 after the asset's recent surge and looks to overcome the $2.6 resistance level.

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Crypto-News-Flash

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Top 3 Potential Crypto Gainers This Week: Ready for a Rally?

  • Bitcoin (BTC), XRP, and Binance Coin (BNB) are predicted to lead the market rally this week with potential gains.
  • Bitcoin is expected to move towards $250k while XRP aims to breach its all-time high price of $3.45.
  • The overall crypto market is gaining momentum with Fear and Greed Index in 'Greed' territory and Altcoin Index at 34/100.
  • Analysts foresee positive movements for Bitcoin, XRP, and Binance Coin as they target significant gains with bullish momentum expected this week.

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TheNewsCrypto

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XRP Price Prediction: $3 Goal Still Unclear—Meanwhile, Ozak AI’s 300x Path Looks Cleaner

  • XRP is facing uncertain future due to regulatory pressures and slow price movement, while Ozak AI is generating investor interest with bold forecasts and real-world application.
  • Analysts believe XRP's path to reach $3 price target is unclear and challenging, requiring significant bullish sentiment and investor confidence in the tokenomics.
  • Ozak AI, on the other hand, is gaining attention with its presale success, offering a potential 300x return by 2025 with its innovative technology and economics.
  • Comparing XRP and Ozak AI, the former faces regulatory uncertainties and slower growth potential, while the latter presents a cleaner and more compelling investment opportunity in 2025.

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Cryptopotato

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Ripple (XRP) Price Predictions for This Week

  • XRP price continues to rally with a daily increase of 3.5%, approaching $2.5 before a minor pullback.
  • Key support levels to watch are at $2.3 and $2.0, while key resistance levels stand at $2.6 and $3.
  • The price is showing a bullish trend with higher highs and higher lows, with potential to test $2.6 and $3 resistance levels.
  • RSI indicator indicates a bullish uptrend, with the potential for continued price increase as long as higher lows are maintained.

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Bitcoinist

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XRP Price Outperforms Bitcoin, Ethereum As ‘Strange Signal’ Emerges, Why The Target Is $4

  • XRP price is performing strongly compared to Bitcoin and Ethereum, showing significant gains in the market recently.
  • Crypto analyst has identified a 'strange signal' in XRP price chart indicating potential for a significant price increase.
  • The analyst observes a change in candle formation suggesting reduced volatility and potential bullish momentum for XRP.
  • If the bullish signal plays out, XRP price could rally towards $3.6, marking a potential over 50% increase from the current level and possibly reaching new all-time highs.

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Newsbtc

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New XRP Rally Incoming? Analyst Believes This Cycle Is Unique

  • XRP investors are closely watching a key price level as XRP hovers around the lower end of the $2 price range.
  • Historically, XRP has faced challenges breaking past the $2 mark, with it acting as a resistance rather than support.
  • In December 2024, XRP successfully crossed the $2 trendline, holding above it for almost five months, a first in its history.
  • Analysts like 'Guy on the Earth' predict further price increases for XRP, with a target of $5.30, emphasizing that this time is unique for the altcoin.

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Cryptopotato

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Ripple (XRP) Price Analysis: Technical Pathways to Breaking the $3 Barrier

  • Ripple(XRP) is approaching a crucial resistance at the wedge's upper boundary of $2.5, aiming to break the $3 barrier.
  • XRP's surge towards the $2.5 resistance indicates increasing bullish pressure, with potential for a bullish breakout towards $3.
  • On the daily chart, XRP has support near $2.1 and faces resistance at $2.5, with a breakout likely to lead to a rally towards $3.4.
  • The 4-hour chart shows price movement between $2.3 support and the wedge's upper boundary, suggesting a bullish breakout scenario towards $3.

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Zycrypto

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Ripple’s XRP Whales Bet On $5 XRP Price In May As Bulls Eye New Monthly Peak

  • XRP holders are optimistic about a $5 monthly peak following a price surge fueled by institutional accumulation and retail interest.
  • Recent on-chain data indicates large XRP purchases by whales, with institutional inflows expected to reach monthly peaks post-April.
  • In the last 30 days, XRP whales have amassed over $880 million worth of assets, contributing to the price surge.
  • Factors such as institutional accumulation, global partnerships, anticipation of a spot ETF product, and positive sentiment from SEC settlement filing are driving XRP price towards a potential $5 target.

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