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Crypto-News-Flash

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US Government Shutdown Threatens SEC’s Ripple Case – What’s Next for XRP?

  • The potential US government shutdown raises expectations for Ripple's XRP case resolution.
  • SEC's January deadline in the Ripple lawsuit may be impacted by the shutdown.
  • Positive outcome for Ripple could lead to significant relief for XRP's price.
  • XRP enthusiasts anticipate a bullish trajectory if the SEC case concludes.

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Crypto-News-Flash

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Ripple News: MoneyTap Scales XRP Usage in Japan Through Partnerships with Six Regional Banks

  • Ripple's MoneyTap, a joint product with SBI, has seen massive adoption among local banks in Japan.
  • Up to 80% of the Japanese banking industry has partnered with Ripple.
  • MoneyTap allows for instant domestic transactions using QR codes, phone numbers, or bank accounts.
  • Multiple banks have collaborated with SBI to use MoneyTap for international remittance services.

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TheCryptoBasic

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Market Veteran Eyes XRP Push to Three-digit Figure, Says Recent Drop Merely a Retest of Double Bottom Breakout

  • Market veteran predicts XRP could reach a three-digit figure, suggesting recent drop is a retest of double-bottom breakout.
  • Analyst highlights historical double-bottom structure in XRP's price movements.
  • Retest of breakout zone seen as a healthy consolidation phase, providing strong support levels.
  • Prediction suggests XRP could rally to $150, marking a potential upsurge of 6,718% from current price.

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Zycrypto

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Analysts Agree Ripple’s XRP Could Reach $10 This Cycle If These Conditions Are Met

  • XRP experienced a sharp decline of nearly 20% in the past 24 hours, following a volatile week in the cryptocurrency market.
  • Analysts are optimistic about XRP's future trajectory, with some seeing the current dip as a buying opportunity.
  • Gert Van Lagen highlights a potential double-bottom breakout for XRP, predicting it could surge to $10 in the ongoing market cycle.
  • Egrag Crypto believes XRP could reach triple digits by the end of this cycle, downplaying recent price drops as just noise.

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Crypto-News-Flash

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Analyst Claims Trump Is Buying XRP, BTC, and HBAR: Is an ETF Approval Next?

  • Mark Yusko claims Trump and Eric Trump are heavily investing in cryptocurrencies, including Bitcoin, XRP, and Hedera, potentially shaping U.S. crypto policies.
  • Rumors suggest Trump's administration plans to classify XRP and HBAR as components of a national crypto reserve, but Cardano founder Charles Hoskinson dismisses these claims as misinformation.
  • Yusko believes Trump's investments in HBAR and XRP could lead to ETF approval for these cryptocurrencies and revolutionize the treatment of crypto in America.
  • Yusko praises Circle's stablecoin but criticizes XRP and Cardano for lacking meaningful innovation.

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Crypto-News-Flash

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Bitcoin Crash Sparks Ripple Effect Across XRP, Ethereum, and Dogecoin

  • Bitcoin's crash led to sell-offs in Ethereum, XRP, Dogecoin, and Solana.
  • The market faced a sharp pullback as Bitcoin tumbled 7% to $97,020, triggering a broader sell-off across the crypto space.
  • Ethereum dropped 12%, XRP declined by 11%, and Dogecoin plummeted nearly 20%.
  • Liquidations totaling $1.17 billion occurred in the last 24 hours, highlighting Bitcoin's outsized influence on the market.

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Crypto-News-Flash

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XRP Challenges BTC and ETH: Key Metrics Highlight the Battle for Market Capital

  • XRP outperforms BTC and ETH, showing resilience during market turbulence.
  • XRP gains traction through whale support and recent price gains.
  • Ethereum's whales leverage market dips for accumulation and profit.
  • XRP's fundamentals and unique initiatives provide a competitive edge.

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Bitcoinist

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CMT-Certified Analyst Says The XRP Price Rally Still Has A Long Way To Go

  • Certified Chartered Market Technician (CMT) analyst predicts a bullish surge for XRP price.
  • Technical indicators, such as tightening Bollinger Bands and positive Fisher Transform, suggest a potential price rally.
  • XRP/BTC quarterly chart shows strong signals, with the quarterly close above the upper Bollinger Band serving as a buy signal.
  • Momentum oscillators, such as LMACD and Stochastic Oscillator, indicate extended upside for XRP price.

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Cryptonewsz

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XRP Whales Buy Another 110M XRP, $6 Price Target Next?

  • XRP whales have added 110 million XRP to their holdings within the last 24 hours.
  • XRP price experienced a 6.23% drop, trading at $2.19.
  • Technical indicators suggest further price volatility, with a potential bullish recovery.
  • Market observers speculate that XRP could reach $6 if bullish conditions remain favorable.

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TheCryptoBasic

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Experts Weigh in on XRP Need to Hold Above $2 for Bull Run to Continue

  • XRP experienced a significant drop in price, falling from $2.58 to $2.18.
  • Analysts highlight the importance of holding support around $2 for a continued bull run.
  • Experts believe if XRP can defend the $2 range, it has potential for a rebound and reaching new all-time highs.
  • Investors are advised to observe key support levels and look for a rational entry point for buying XRP.

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TheCryptoBasic

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Market Pundit Shares Best XRP Investment Strategy as XRP Collapse

  • The crypto market experienced a downturn, causing a 9% collapse in XRP.
  • The Federal Reserve's decision to cut interest rates triggered a sell-off across financial markets.
  • Market pundit Oscar Ramos sees the XRP price slump as an opportunity for accumulation.
  • Ramos advises XRP holders to remain patient, focus on dollar-cost averaging, and highlights the potential of Ripple's newly launched stablecoin, RLUSD.

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Cryptoticker

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XRP Crash: What Happened and What's Next for the Last Days of 2024?

  • XRP's recent market crash has raised questions about its stability and future prospects in the crypto space, triggered by a combination of regulatory pressure, market-wide sell-offs, and whale liquidations.
  • The ongoing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is a major contributor to XRP’s volatility, especially amidst fears of stricter regulations.
  • Macroeconomic factors such as interest rate hikes by the U.S. Federal Reserve and ongoing fears of a global recession have also led to risk-off sentiment in crypto and financial markets.
  • Negative investor sentiment can exponentially accelerate XRP's sell-off. Ripple's international partnerships and expansion could soften the impact of regulatory woes.
  • XRP’s future depends heavily on the outcome of the SEC lawsuit, which could spark a recovery or further sell-offs, a verdict which might materialize in 2024 and determine the token's status as a security or non-security.
  • XRP's market ranking took a significative drop concerning its legitimacy and influence within the broader crypto space.
  • In the short-term, analysts predict that XRP can retrace to critical support levels, presenting a strategical dip entry point, for those with a long-term outlook.
  • Investors should assess the risks and rewards of buying during a market crash, using strategies such as dollar-cost averaging and monitoring sentiment analysis and technical indicators.
  • Key indicators to watch for a potential reversal include a break above the 50-day moving average and bullish divergence on the MACD.
  • The unfolding of key legal events, Ripple's global expansion, and technical indicators are crucial for the future of XRP in 2024.

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TechBullion

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Can You Still Make Millions From XRP This Cycle? Ripple Price Prediction Could Lag Behind Surprising Altcoin

  • XRP's potential for price appreciation is hindered by ongoing legal challenges
  • DTX Exchange (DTX) is a promising altcoin with strong growth prospects
  • Favorable regulatory settlements and positive developments could boost XRP's growth
  • DTX Exchange ICO has seen significant growth and offers various benefits for investors

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Bitcoinsensus

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XRP Price Prediction: Key Zones and Market Liquidity

  • XRP price movement is influenced by liquidity zones.
  • Key supply and demand zones can indicate potential market reactions.
  • Setting trades to break even once in profit is advised to manage risk.
  • Market unpredictability makes it necessary to stay informed and cautious.

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Moneyweb

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Bitcoin tests $100 000 after Fed spurs worst drop since September

  • Bitcoin fell below $100,000 as the Federal Reserve expressed caution about future interest-rate reductions.
  • The digital asset dropped about 1% to $99,800, following a 5.1% drop on Wednesday.
  • The Fed's decision triggered a retreat in speculative investments, including Bitcoin, stocks, and bonds.
  • Despite the dip, Bitcoin remains up 50% since the November 5 election and reached a record high of $108,316.

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