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Ripple News
Cryptopotato
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Is XRP in Trouble? Last Time This Happened Ripple’s Price Dumped by 25%
- Binance futures traders have turned bullish on Ripple’s cross-border token, XRP, with 66.86% of opened positions being long.
- However, previous instances of high bullish sentiment among Binance futures traders were followed by a price correction, indicating a potential risk for XRP.
- The important $2 resistance level was broken, and XRP's price dropped to a multi-month low of $1.6 in a recent similar scenario.
- While history is not a definitive indicator, it is essential to learn from it and be cautious. Observing the market sentiment, the Binance futures traders currently appear greedy in relation to XRP.
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TheNewsCrypto
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DN Cloud Mining Platform Outperforms Any Platform: Attracting XRP and DOGE Investors
- DNMiner is a cloud mining platform that is outperforming other platforms in attracting XRP and DOGE investors.
- DNMiner offers efficient and convenient XRP and DOGE cloud mining services, allowing users to participate in cryptocurrency mining without expensive hardware equipment.
- The platform provides various mining plans and offers advanced technical support, transparency, security, and professional customer support.
- DNMiner is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, ensuring higher security and trust for users.
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Cryptonews
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XRP ETF: Kaiko Analysts Highlight Key Date to Watch for SEC Approval
- The leveraged XRP fund has higher trading volume compared to Solana futures ETFs.
- XRP primarily trades outside the US and lacks a futures market, which could hinder ETF approval.
- Increasing spot trading volume on US exchanges and the successful launch of 2x XRP ETF position XRP favorably for potential ETF approval.
- May 22 is a critical date as the SEC needs to respond to Grayscale's spot XRP filing, and arguments against approval are weakening.
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Bitcoinist
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Weekly Crypto Fund Report Shows $795M in Outflows Amid Tariff Concerns
- Crypto asset investment products experienced sustained outflows, with $795 million withdrawn across various funds.
- Bitcoin saw the most significant outflows, with $751 million withdrawn, but still has a positive net inflow of $545 million year-to-date.
- Ethereum had $37.6 million in outflows, while some smaller assets saw slight inflows, indicating possible diversification.
- Asset prices rebounded at the end of the week, and Bitcoin and Ethereum experienced notable surges in the past week.
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Bitcoinist
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XRP Supporter Kitao Tapped For Fuji Holdings Board
- Yoshitaka Kitao, a well-known supporter of Ripple and XRP, has been named as a candidate for the board of directors at Fuji Media Holdings.
- Kitao has deep-rooted connections to Ripple through SBI Holdings, launching initiatives to spearhead the adoption of XRP across the Japanese banking sector.
- Fuji Media Holdings has faced governance controversies, and Kitao's appointment may bring stability and potential innovation to the company.
- XRP is currently trading at $2.15.
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Bitcoinsensus
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XRP Whales Boost Holdings by 26%—A Sign of Confidence or Something Bigger?
- XRP whales increased their holdings by 26% in the past week, indicating growing confidence in XRP's future trajectory.
- XRP saw a 12% price surge amidst a highly volatile market, influenced by the U.S. tariff policy.
- Despite the market volatility, Bitcoin and XRP maintained significant gains, while other altcoins erased profits.
- Bitcoin is still up 143% since November 5, while XRP holds onto 347% yields in the same timeframe.
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19 Likes
Crypto-News-Flash
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Expert Says XRP Case Win Won’t Guarantee Price Surge—Here’s Why
- XRP's legal clarity may be nearing, but immediate price surges are already priced in.
- Real-world adoption and utility are seen as the true long-term growth catalysts for XRP.
- The Ripple vs. SEC case progress has not resulted in a significant price rally for XRP.
- Institutional backing and price growth are expected to be driven by real-world use cases and technology adoption.
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7 Likes
Newsbtc
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XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level?
- XRP has rebounded sharply, posting a 32% gain from last Monday’s low, outperforming many altcoins.
- Technical analysis shows that XRP is trading within an ascending triangle pattern and $2.22 is the critical resistance level to watch.
- XRP is holding key support levels and could indicate a potential shift in trend, with the next major hurdle at the $2.60 supply zone.
- Traders are closely watching XRP's ability to maintain momentum and volume to challenge higher resistance levels.
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Crypto-News-Flash
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Why Lending XRP to Institutions Might Be a Smart Move, According to Experts
- Lending XRP to institutions can turn it into a revenue-generating asset.
- Lending XRP can be a smart move to capitalize on long-term gains through institutional partnerships.
- XRP's efficiency in real-time cross-border payments makes it an attractive option for institutional use.
- Strong custody systems and compliance protocols are essential for widespread adoption of XRP lending.
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13 Likes
Crypto-News-Flash
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Crypto News: BTC Breakout Looms While ETH and XRP Consolidate – Top 3 Price Outlook
- Bitcoin (BTC) breaks above its descending trendline, eyes $90,000 and $95,000 as key levels.
- Ethereum (ETH) shows signs of recovery, targets retesting daily resistance at $1,861.
- XRP rallies, tests April 2 high at $2.23, but faces potential decline if it closes below 200-day EMA.
- Bitcoin, Ethereum, and XRP display mixed technical indicators as market outlook turns positive.
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Cryptopotato
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Ripple Price Analysis: XRP’s Outlook Following Rebound at $1.70
- Ripple's native token, XRP, has rebounded from the $1.7 support level, indicating renewed buying interest.
- The price is approaching a key resistance zone which, if broken, could trigger a bullish retracement towards the 100-day moving average at $2.5.
- XRP remains trapped between the 100-day and 200-day moving averages, suggesting a consolidation phase.
- On the 4-hour chart, Ripple has invalidated a bearish breakout, potentially paving the way for a rally towards the $2.5 resistance.
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20 Likes
Cryptopotato
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XRP and DOGE Next Price Targets Revealed by Analysts
- XRP and DOGE are expected to see renewed rallies.
- Analysts predict XRP heading towards $2.4 in the short term.
- DOGE could double or even triple in price.
- DOGE may challenge $0.5 mark again.
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Crypto-News-Flash
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Standard Chartered Predicts XRP Will Surge 500% and Overtake Ethereum
- Standard Chartered predicts that XRP will surge 500% and overtake Ethereum in market capitalization.
- The bank attributes this potential surge to factors such as regulatory and institutional engagement, XRP's use in tokenization and global payments infrastructure.
- Standard Chartered also outlined interim price targets of $5.50 by 2025 and $8.00 by 2026 for XRP.
- Ripple's acquisition of Hidden Road and its integration into global prime brokerage networks further strengthens XRP's institutional appeal.
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TronWeekly
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SEC Case Won’t Moon XRP—Strategic Plays Will, Says Expert
- A respected voice in the XRP community has cautioned that the expected price rally after Ripple's legal dispute with the SEC concludes has likely already occurred.
- The market commentator, 'All Things XRP', believes that Ripple's strategic direction, partnerships, utility, and business developments will have a more significant impact on XRP's price than the outcome of the case.
- XRP's recent price stagnation suggests that investors should focus on Ripple's post-case trajectory instead of banking on the court ruling for a significant price increase.
- Currently, XRP is priced at $2.13, witnessing a 4.22% dip in the past 24 hours. The token's technical indicators and derivatives trading behavior reflect a cautious market.
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Crypto-News-Flash
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XRP Bullish Pattern Points to $33 Rally — Analyst Unshaken
- Analyst EGRAG CRYPTO is predicting a massive rally for Ripple's native token, XRP, targeting $33.
- EGRAG believes that historical patterns and triangle formations on the chart point to a strong upside potential for XRP.
- XRP has the potential to experience a 6,400% leap from its current value of around $0.51 if it reaches $33.
- Although $33 is considered the minimum target, EGRAG highlights a hypothetical projection of $693 to showcase XRP's astonishing growth potential.
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