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Ripple News
Bitcoinist
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XRP Price At Risk Of Major Crash As Trendline Weakens
- XRP price is trading around $0.6 and investors anticipate a breakout.
- A cryptocurrency analyst suggests a potential breakdown for XRP.
- Analyst's chart reveals a bullish setup instead of weakness and breakdown.
- XRP could rally and reach $1.05, an 81% increase from the current price.
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Zycrypto
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XRP Price Explosion Finally In The Cards as Grayscale XRP Trust Turns Game-Changer For XRP-Based ETF
- Grayscale, the world's largest digital asset manager, announced plans to launch the first XRP Trust in the US.
- The launch of the XRP Trust is the first step towards Grayscale launching an exchange-traded fund (ETF) for XRP.
- The Grayscale XRP Trust will join the growing list of crypto funds managed by Grayscale.
- XRP price jumped by more than 8% after the announcement, reaching the highest level since late August.
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TheNewsCrypto
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Ripple XRP Consolidates in Symmetrical Triangle, Nears Upper Resistance at $0.60
- Ripple's XRP is consolidating in a symmetrical triangle pattern, nearing the upper resistance at $0.60.
- Technical indicators suggest bullish momentum and a potential breakout for XRP.
- If the breakout succeeds, the price target is $0.73, but if it fails, there might be a drop to $0.56.
- XRP's MACD configuration and positive funding rates support the bullish outlook.
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Cryptopotato
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Huge Ripple (XRP) Rally Possible in October According to This Analyst but is it Realistic?
- A popular analyst expects an Uptober for XRP, driven by the potential resolution of the Ripple v. SEC lawsuit and increased adoption.
- EGRAG CRYPTO predicts XRP could reach a new all-time high of $13 in the following months, though this is considered unlikely.
- October is referred to as 'Uptober' in the cryptocurrency market due to historically bullish trends during this month.
- Factors contributing to the XRP rally expectations include potential lawsuit resolution, tokenization on the XRP Ledger, US mass adoption, and support from banking institutions.
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Crypto-News-Flash
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Researcher Exposes How SEC Views Speculation’s Role in XRP’s Utility
- The SEC acknowledges the role of speculative trading in driving XRP's utility.
- Documents from the Ripple vs. SEC lawsuit reveal the SEC's position on speculative trading.
- Ripple CEO, Brad Garlinghouse, emphasized the importance of speculative trading and market volume in providing liquidity for XRP.
- The inclusion of XRP in cross-border payment initiatives suggests its utility beyond Ripple's ecosystem.
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18 Likes
Crypto-News-Flash
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Ripple’s Partners dLocal and ShopeePay Expand to Southeast Asia
- dLocal, a RippleNet-based payment platform, has expanded its partnership with ShopeePay.
- dLocal merchants can now accept payments in Thailand, Malaysia, Indonesia, and the Philippines.
- This partnership opens up access to approximately 200 million new e-commerce buyers in Southeast Asia.
- ShopeePay is powered by Tranglo, another Ripple partner, further enhancing Ripple's presence in the region.
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Newsbtc
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XRP Price Remains in Range: Can It Escape the Consolidation?
- XRP price remains in consolidation above the $0.5785 support.
- The price needs to break the $0.5950 and $0.6050 resistance levels to gain bullish momentum.
- XRP is now trading above $0.590 and the 100-hourly Simple Moving Average.
- If the resistance levels are cleared, the price could reach $0.6120 and even $0.6250 or $0.6320.
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19 Likes
TechBullion
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Experts Discuss The Best Tokens To Buy Ahead Of The Presidential Election, Are Monero, Litecoin or XRP In The Standings?
- Experts recommend considering Monero (XMR), Litecoin (LTC), and XRP (XRP) as alternatives to the U.S. Dollar ahead of the presidential election.
- Monero is favored for its privacy and security features, while Litecoin offers a balance of inflation protection and brand recognition.
- XRP, despite legal challenges, still has significant upside potential as adoption increases.
- Rollblock (RBLK), with its innovative tokenomics, is projected to experience 100x growth before the election.
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Zycrypto
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XRP Poised For ‘Massive Mega Pump’ After 540 Days of Consolidation, Predicts Crypto Analysts
- XRP has been consolidating for 540 days and crypto analyst predicts a massive surge in value.
- Analysts highlight XRP's stable price range and historical bullish consolidation pattern.
- XRP has outperformed most of the top 100 cryptocurrencies in the past three months.
- Crypto lawyer expresses confidence that an SEC appeal won't impact XRP's recovery.
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4 Likes
Bitcoinist
1M
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XRP Surpasses Cardano, But Solana Remains Institutional Investors Favorite, Here’s Why
- XRP, Solana, and Cardano have been the focus of institutional investors in the altcoin market.
- Bitcoin saw a significant inflow of $284 million, while Ethereum experienced outflows for the fifth consecutive week.
- XRP attracted $0.1 million worth of inflows, driven by the launch of Grayscale's XRP trust.
- Institutional investors are expected to fuel a bullish phase in the crypto industry, with potential inflows into altcoins in the coming weeks.
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TronWeekly
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Banks Could Send XRP Price Soaring: Here’s Why Liquidity Matters
- XRP's value is determined by its utility for banks, not just speculation.
- Deep liquidity pools are crucial for banks to use the asset for large-scale settlements.
- Banks adopting XRP could significantly boost transaction volume and liquidity, driving up its price.
- The launch of derivatives, tokenized assets, and tokenized debt could further increase the flow of value through the XRP ledger.
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5 Likes
Crypto-News-Flash
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300
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XRP Price Predictions Soar to $1 Million Amid Speculation Over Ripple’s RLUSD Stablecoin
- The launch of XRP stablecoin RLUSD has led to speculation and predictions of significant price gains.
- The 'Million-Drop Theory' suggests that if one drop of XRP equals the value of one RLUSD, XRP could be worth $1 million.
- While the theory is speculative, it has gained traction and excitement among XRP investors.
- Factors such as legal clarity, Grayscale's XRP ETF, RLUSD's liquidity enhancement, and Ripple's bank partnerships could drive XRP's price upward.
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18 Likes
Crypto-News-Flash
1M
391
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XRP Whale Moves 30 Million Tokens from Bybit, What’s the Big Plan?
- Recent 30 million XRP whale transfer raises speculation and hints at potential market activity.
- The transfer of 30 million XRP from Bybit to an unknown wallet has created significant interest.
- Whale activity suggests long-term confidence in XRP and potential future price surges.
- Accumulation of XRP by major holders and rising institutional interest further indicate optimism for XRP's performance.
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Crypto-News-Flash
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XRP Highlighted in SWIFT’s Recent Collaboration: What’s at Stake?
- The collaboration between SWIFT and R3 aims to integrate SWIFT’s gpi into R3’s Corda platform, leveraging XRP as an intermediary for liquidity.
- The inclusion of XRP in this proof of concept signals its potential role in mainstream financial systems.
- The partnership between SWIFT and R3 seeks to create a more efficient settlement layer for DLT-based ecosystems and enhance interoperability between traditional financial systems and blockchain networks.
- XRP may play a crucial role as a settlement asset and enhance liquidity between various fiat currencies on the Corda platform.
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Crypto-News-Flash
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XRP Price Surge Tied to Liquidity Needs of Global Banks, Says Crypto Expert
- The XRP price surge is tied to the liquidity needs of global banks, according to a crypto expert.
- Institutional demand for XRP liquidity, driven by Ripple's partnerships with major banks and financial institutions, could drive the next price surge.
- The daily settlement requirements of banks, which handle trillions in transactions, play a significant role in determining XRP's value.
- The need for deep liquidity pools for seamless cross-border payments and settlements could drive up the demand for XRP, resulting in a higher price.
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7 Likes
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