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$XRP BRAKING🚨: XRP Price Prediction for December 23: A Key Crossroads 🚨🚨🚨🚨🚨🚨
XRP Price Prediction for December 23: A Key Crossroads🚨🚨🚨🚨‼️‼️‼️
As of December 22, Ripple’s XRP has seen a significant decline, trading at $2.22—down more than six percent. The digital asset, which had gained significant momentum earlier this month, has now lost much of those gains, finding itself at a critical juncture. Alongside the broader cryptocurrency market, where all of the top 10 coins are experiencing losses, XRP's performance has raised questions about its near-term price action.
### XRP's Current Market Position
The decline in XRP’s price follows a strong rally earlier this month, leaving analysts to speculate that the asset could be undergoing a correction phase. While the initial surge created optimism, the recent downturn indicates that the price may be consolidating, potentially as part of a broader corrective pattern or even entering a phase of extended sideways movement.
As of now, XRP’s performance appears to be caught between two potential outcomes: either a continuation of its consolidation before another upward move, or the beginning of a deeper corrective phase. With the broader crypto market also showing signs of weakness—Solana and Dogecoin, for instance, are recording double-digit losses—XRP’s current price action appears to be following a general market trend.
### Key Levels to Watch: Resistance and Support
#### Resistance Zone
For those looking to gauge potential price movements, the immediate resistance zone for XRP lies between $2.30 and $2.53. Should the price rise and test this area, it could encounter significant selling pressure. If XRP struggles to break through this level, it could reverse and continue its downtrend, highlighting the importance of these resistance levels for traders looking to manage risk.
#### Critical Support Level
On the flip side, $1.96 stands as the key support level. This level marks a previous low from earlier in December, and its significance is that it could act as a pivotal point for price action. If XRP drops below this level, the price could face additional selling pressure, potentially driving the asset down to a lower range between $1.39 and $1.80. This zone would represent the next major support area to watch closely.
### Consolidation or Correction?
At this stage, XRP could be in the midst of a consolidation phase. Consolidation typically occurs after a strong move in either direction, as traders reassess market conditions. If XRP can hold above the $1.96 support, it may consolidate within a defined range, with the potential to eventually break higher and test the resistance zone between $2.30 and $2.53. This would indicate that the recent correction is merely a short-term phase before the next upward push.
### Downside Risk
However, if XRP breaks below the critical support level of $1.96, the price could enter a more significant correction phase. In this case, the cryptocurrency might move toward the lower support range between $1.39 and $1.80, an area where further price action could either confirm a deeper downtrend or prompt a reversal. Traders should be mindful of this risk, especially as market conditions remain volatile.
### Conclusion
XRP’s price is at a crossroads, with the next few days likely determining whether it continues its consolidation phase or experiences a deeper correction. With resistance at $2.30–$2.53 and critical support at $1.96, the price action in these regions will be crucial for determining XRP’s next move. Traders and investors alike should stay vigilant, as the price could either rebound toward the resistance zone or fall further into the lower support range, with potential for a longer-term reversal.
As always, caution is advised when navigating the highly volatile cryptocurrency market. (NFA) #XRPGoal #XRPnews #g315c #MarketCorrectionBuyOrHODL? #MarketPullback
As of December 22, Ripple’s XRP has seen a significant decline, trading at $2.22—down more than six percent. The digital asset, which had gained significant momentum earlier this month, has now lost much of those gains, finding itself at a critical juncture. Alongside the broader cryptocurrency market, where all of the top 10 coins are experiencing losses, XRP's performance has raised questions about its near-term price action.
### XRP's Current Market Position
The decline in XRP’s price follows a strong rally earlier this month, leaving analysts to speculate that the asset could be undergoing a correction phase. While the initial surge created optimism, the recent downturn indicates that the price may be consolidating, potentially as part of a broader corrective pattern or even entering a phase of extended sideways movement.
As of now, XRP’s performance appears to be caught between two potential outcomes: either a continuation of its consolidation before another upward move, or the beginning of a deeper corrective phase. With the broader crypto market also showing signs of weakness—Solana and Dogecoin, for instance, are recording double-digit losses—XRP’s current price action appears to be following a general market trend.
### Key Levels to Watch: Resistance and Support
#### Resistance Zone
For those looking to gauge potential price movements, the immediate resistance zone for XRP lies between $2.30 and $2.53. Should the price rise and test this area, it could encounter significant selling pressure. If XRP struggles to break through this level, it could reverse and continue its downtrend, highlighting the importance of these resistance levels for traders looking to manage risk.
#### Critical Support Level
On the flip side, $1.96 stands as the key support level. This level marks a previous low from earlier in December, and its significance is that it could act as a pivotal point for price action. If XRP drops below this level, the price could face additional selling pressure, potentially driving the asset down to a lower range between $1.39 and $1.80. This zone would represent the next major support area to watch closely.
### Consolidation or Correction?
At this stage, XRP could be in the midst of a consolidation phase. Consolidation typically occurs after a strong move in either direction, as traders reassess market conditions. If XRP can hold above the $1.96 support, it may consolidate within a defined range, with the potential to eventually break higher and test the resistance zone between $2.30 and $2.53. This would indicate that the recent correction is merely a short-term phase before the next upward push.
### Downside Risk
However, if XRP breaks below the critical support level of $1.96, the price could enter a more significant correction phase. In this case, the cryptocurrency might move toward the lower support range between $1.39 and $1.80, an area where further price action could either confirm a deeper downtrend or prompt a reversal. Traders should be mindful of this risk, especially as market conditions remain volatile.
### Conclusion
XRP’s price is at a crossroads, with the next few days likely determining whether it continues its consolidation phase or experiences a deeper correction. With resistance at $2.30–$2.53 and critical support at $1.96, the price action in these regions will be crucial for determining XRP’s next move. Traders and investors alike should stay vigilant, as the price could either rebound toward the resistance zone or fall further into the lower support range, with potential for a longer-term reversal.
As always, caution is advised when navigating the highly volatile cryptocurrency market. (NFA) #XRPGoal #XRPnews #g315c #MarketCorrectionBuyOrHODL? #MarketPullback
XRP Price Prediction for December 23: A Key Crossroads🚨🚨🚨🚨‼️‼️‼️
As of December 22, Ripple’s XRP has seen a significant decline, trading at $2.22—down more than six percent. The digital asset, which had gained significant momentum earlier this month, has now lost much of those gains, finding itself at a critical juncture. Alongside the broader cryptocurrency market, where all of the top 10 coins are experiencing losses, XRP's performance has raised questions about its near-term price action.
### XRP's Current Market Position
The decline in XRP’s price follows a strong rally earlier this month, leaving analysts to speculate that the asset could be undergoing a correction phase. While the initial surge created optimism, the recent downturn indicates that the price may be consolidating, potentially as part of a broader corrective pattern or even entering a phase of extended sideways movement.
As of now, XRP’s performance appears to be caught between two potential outcomes: either a continuation of its consolidation before another upward move, or the beginning of a deeper corrective phase. With the broader crypto market also showing signs of weakness—Solana and Dogecoin, for instance, are recording double-digit losses—XRP’s current price action appears to be following a general market trend.
### Key Levels to Watch: Resistance and Support
#### Resistance Zone
For those looking to gauge potential price movements, the immediate resistance zone for XRP lies between $2.30 and $2.53. Should the price rise and test this area, it could encounter significant selling pressure. If XRP struggles to break through this level, it could reverse and continue its downtrend, highlighting the importance of these resistance levels for traders looking to manage risk.
#### Critical Support Level
On the flip side, $1.96 stands as the key support level. This level marks a previous low from earlier in December, and its significance is that it could act as a pivotal point for price action. If XRP drops below this level, the price could face additional selling pressure, potentially driving the asset down to a lower range between $1.39 and $1.80. This zone would represent the next major support area to watch closely.
### Consolidation or Correction?
At this stage, XRP could be in the midst of a consolidation phase. Consolidation typically occurs after a strong move in either direction, as traders reassess market conditions. If XRP can hold above the $1.96 support, it may consolidate within a defined range, with the potential to eventually break higher and test the resistance zone between $2.30 and $2.53. This would indicate that the recent correction is merely a short-term phase before the next upward push.
### Downside Risk
However, if XRP breaks below the critical support level of $1.96, the price could enter a more significant correction phase. In this case, the cryptocurrency might move toward the lower support range between $1.39 and $1.80, an area where further price action could either confirm a deeper downtrend or prompt a reversal. Traders should be mindful of this risk, especially as market conditions remain volatile.
### Conclusion
XRP’s price is at a crossroads, with the next few days likely determining whether it continues its consolidation phase or experiences a deeper correction. With resistance at $2.30–$2.53 and critical support at $1.96, the price action in these regions will be crucial for determining XRP’s next move. Traders and investors alike should stay vigilant, as the price could either rebound toward the resistance zone or fall further into the lower support range, with potential for a longer-term reversal.
As always, caution is advised when navigating the highly volatile cryptocurrency market. (NFA)
### XRP's Current Market Position
The decline in XRP’s price follows a strong rally earlier this month, leaving analysts to speculate that the asset could be undergoing a correction phase. While the initial surge created optimism, the recent downturn indicates that the price may be consolidating, potentially as part of a broader corrective pattern or even entering a phase of extended sideways movement.
As of now, XRP’s performance appears to be caught between two potential outcomes: either a continuation of its consolidation before another upward move, or the beginning of a deeper corrective phase. With the broader crypto market also showing signs of weakness—Solana and Dogecoin, for instance, are recording double-digit losses—XRP’s current price action appears to be following a general market trend.
### Key Levels to Watch: Resistance and Support
#### Resistance Zone
For those looking to gauge potential price movements, the immediate resistance zone for XRP lies between $2.30 and $2.53. Should the price rise and test this area, it could encounter significant selling pressure. If XRP struggles to break through this level, it could reverse and continue its downtrend, highlighting the importance of these resistance levels for traders looking to manage risk.
#### Critical Support Level
On the flip side, $1.96 stands as the key support level. This level marks a previous low from earlier in December, and its significance is that it could act as a pivotal point for price action. If XRP drops below this level, the price could face additional selling pressure, potentially driving the asset down to a lower range between $1.39 and $1.80. This zone would represent the next major support area to watch closely.
### Consolidation or Correction?
At this stage, XRP could be in the midst of a consolidation phase. Consolidation typically occurs after a strong move in either direction, as traders reassess market conditions. If XRP can hold above the $1.96 support, it may consolidate within a defined range, with the potential to eventually break higher and test the resistance zone between $2.30 and $2.53. This would indicate that the recent correction is merely a short-term phase before the next upward push.
### Downside Risk
However, if XRP breaks below the critical support level of $1.96, the price could enter a more significant correction phase. In this case, the cryptocurrency might move toward the lower support range between $1.39 and $1.80, an area where further price action could either confirm a deeper downtrend or prompt a reversal. Traders should be mindful of this risk, especially as market conditions remain volatile.
### Conclusion
XRP’s price is at a crossroads, with the next few days likely determining whether it continues its consolidation phase or experiences a deeper correction. With resistance at $2.30–$2.53 and critical support at $1.96, the price action in these regions will be crucial for determining XRP’s next move. Traders and investors alike should stay vigilant, as the price could either rebound toward the resistance zone or fall further into the lower support range, with potential for a longer-term reversal.
As always, caution is advised when navigating the highly volatile cryptocurrency market. (NFA)
📰XRP Price at Risk: Can Support Levels Hold?
$XRP
XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone.
XRP price struggled to clear the $2.40 resistance zone.The price is now trading below $2.30 and the 100-hourly Simple Moving Average.There is a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair might continue to move down if it stays below the $2.30 resistance.
XRP Price Faces Resistance At $2.40
XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin and Ethereum. However, the bears were active near the $2.38 and $2.40 levels. A high was formed at $2.38 and the price started a fresh decline.
There was a move below the $2.30 and $2.25 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. There is also a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair.
The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.25 level.
The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620.
More Downsides?
If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level or the 61.8% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. The next major support is near the $2.050 level.
If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.
Major Support Levels – $2.120 and $2.050.
Major Resistance Levels – $2.25 and $2.30.
#XRPGoal #XRPnews #XRPUSDT🚨 #ChristmasMarketAnalysis #Write2Earn!
XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone.
XRP price struggled to clear the $2.40 resistance zone.The price is now trading below $2.30 and the 100-hourly Simple Moving Average.There is a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair might continue to move down if it stays below the $2.30 resistance.
XRP Price Faces Resistance At $2.40
XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin and Ethereum. However, the bears were active near the $2.38 and $2.40 levels. A high was formed at $2.38 and the price started a fresh decline.
There was a move below the $2.30 and $2.25 levels. The price dipped below the 50% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. There is also a connecting bearish trend line forming with resistance at $2.25 on the hourly chart of the XRP/USD pair.
The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.20 level. The first major resistance is near the $2.25 level.
The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620.
More Downsides?
If XRP fails to clear the $2.25 resistance zone, it could start another decline. Initial support on the downside is near the $2.12 level or the 61.8% Fib retracement level of the upward move from the $1.955 swing low to the $2.383 high. The next major support is near the $2.050 level.
If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.
Major Support Levels – $2.120 and $2.050.
Major Resistance Levels – $2.25 and $2.30.
#XRPGoal #XRPnews #XRPUSDT🚨 #ChristmasMarketAnalysis #Write2Earn!
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$XRP #XRPnews
XRP: Ripple’s Strategic Move
Ripple, the company behind XRP, recently introduced RLSUD. It is a stablecoin that is fully backed by US dollar deposits and government bonds and government bonds. The aim is to bring more stability and liquidity to the Ripple ecosystem. Many believe this move will strengthen Ripple in global payments and increase interest in the XRP coin.
Ripple is also working with banks and payment companies to expand its partnerships. These efforts make Ripple’s XRP a trusted choice for financial institutions. In the last 30 days, XRP recorded a price change of 115.2 percent. This shows strong support from the market.
This Christmas, XRP’s rise is in line with the growing trend of creating useful crypto solutions. MTAUR, another project with practical applications, shares these visions. Together, they show how crypto is evolving to meet real-world needs. This is a great reason for crypto enthusiasts to be excited this holiday season.
XRP: Ripple’s Strategic Move
Ripple, the company behind XRP, recently introduced RLSUD. It is a stablecoin that is fully backed by US dollar deposits and government bonds and government bonds. The aim is to bring more stability and liquidity to the Ripple ecosystem. Many believe this move will strengthen Ripple in global payments and increase interest in the XRP coin.
Ripple is also working with banks and payment companies to expand its partnerships. These efforts make Ripple’s XRP a trusted choice for financial institutions. In the last 30 days, XRP recorded a price change of 115.2 percent. This shows strong support from the market.
This Christmas, XRP’s rise is in line with the growing trend of creating useful crypto solutions. MTAUR, another project with practical applications, shares these visions. Together, they show how crypto is evolving to meet real-world needs. This is a great reason for crypto enthusiasts to be excited this holiday season.
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Hey Binance Square friends! 🚀
$XRP has shown interesting developments after Ripple's partial victory against the SEC. With the continued increase in adoption by global financial institutions, many analysts predict a price increase of XRP in 2025.
If regulations favor Ripple and the crypto market is bullish, $XRP could be one of the coins with great potential. However, always remember to do your research before investing.
What do you think about $XRP ? Is it worth adding to your portfolio? Let's discuss in the comments! #XRPnews #Xrp🔥🔥
$XRP has shown interesting developments after Ripple's partial victory against the SEC. With the continued increase in adoption by global financial institutions, many analysts predict a price increase of XRP in 2025.
If regulations favor Ripple and the crypto market is bullish, $XRP could be one of the coins with great potential. However, always remember to do your research before investing.
What do you think about $XRP ? Is it worth adding to your portfolio? Let's discuss in the comments! #XRPnews #Xrp🔥🔥
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In my analysis in July 2024, XRP looked quite cheap at around $0.4109. I suggested buying at that price with a target price of around Rp31,205 per coin. At the time of this video, the price of XRP had reached around Rp30,000 per coin, indicating a price movement close to my predicted target.$XRP #XRPUSDT🚨 #Xrp🔥🔥 #XRPnews #XRPBurn $XRP
NEW🚨Analyst Projects XRP Rally to $251 Following 5.5-Year Consolidation Phase Breakout
A notable market commentator sees XRP rallying to a three-figure price level after its breakout from a multi-year consolidation phase.
Notably, XRP broke out of this 5.5-year consolidation following its 283% increase in November. As the rally spilled into December, XRP now faces persistent price struggles, retreating from its recent high of $2.9 on Dec. 3.
Following weeks of a range-bound price action between $2 and $2.6, XRP saw a sharp drop to $2.15, influenced by a broader market downturn after the Federal Reserve’s interest rate cut of 0.25%.
The $251 Target
Despite these setbacks, analysts remain optimistic. Market analyst Amonyx noted that the November breakout from the 5.5-year consolidation phase confirms XRP’s potential for massive upward momentum.
Amonyx compares this breakout to a similar move in March 2017. For context, after a 4-year consolidation phase, XRP soared 284% in March 2017, breaking above this pattern. This run preceded an extraordinary rally of nearly 60,000%, from $0.0055 to its all-time high of $3.31 in January 2018.
Amonyx predicts that this rally could repeat in 2024. He expects an eventual surge to an ultimate target of $251, corresponding with the 161.8% Fibonacci retracement level. Such a move would mark a 50,100% increase from the $0.50 price at the start of November 2024. However, most investors find it rather ambitious.
Notably, XRP must first recover from the recent correction, and this recovery push could receive strength from growing demand. Market commentator Ali Martinez confirmed recently that whales procured about 30 million XRP in 24 hours amid the recent dip.
Bullish XRP Commentaries
Interestingly, other prominent analysts echo Amonyx’s bullish outlook. For instance, CryptoBull believes XRP is nearing the end of a correctional phase, which could conclude within the week. He forecasts an initial surge to $6 shortly after this phase is completed.
Also, Michael van de Poppe, a veteran market analyst, remains optimistic about XRP’s role in the crypto market. In a report earlier this month, as XRP soared toward the higher end of $2, he viewed the altcoin as a leading indicator for altcoin market strength.
The market analyst noted that XRP’s explosive moves often trigger similar gains across other cryptocurrencies. Van de Poppe expects XRP’s rally to initiate a broader altcoin season, reinforcing its influence on market dynamics.
Meanwhile, technical analyst EGRAG recently noted that it would be bullish if XRP closes above $2.3 on the 3-day chart. He identified $2.62 as the next critical level. A close above this threshold could trigger a fully bullish formation. However, XRP closed the 3-day candle at $2.23, but currently trades for $2.3 amid a 3.7% rise today.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
#XRP #XrpNews
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Notably, XRP broke out of this 5.5-year consolidation following its 283% increase in November. As the rally spilled into December, XRP now faces persistent price struggles, retreating from its recent high of $2.9 on Dec. 3.
Following weeks of a range-bound price action between $2 and $2.6, XRP saw a sharp drop to $2.15, influenced by a broader market downturn after the Federal Reserve’s interest rate cut of 0.25%.
The $251 Target
Despite these setbacks, analysts remain optimistic. Market analyst Amonyx noted that the November breakout from the 5.5-year consolidation phase confirms XRP’s potential for massive upward momentum.
Amonyx compares this breakout to a similar move in March 2017. For context, after a 4-year consolidation phase, XRP soared 284% in March 2017, breaking above this pattern. This run preceded an extraordinary rally of nearly 60,000%, from $0.0055 to its all-time high of $3.31 in January 2018.
Amonyx predicts that this rally could repeat in 2024. He expects an eventual surge to an ultimate target of $251, corresponding with the 161.8% Fibonacci retracement level. Such a move would mark a 50,100% increase from the $0.50 price at the start of November 2024. However, most investors find it rather ambitious.
Notably, XRP must first recover from the recent correction, and this recovery push could receive strength from growing demand. Market commentator Ali Martinez confirmed recently that whales procured about 30 million XRP in 24 hours amid the recent dip.
Bullish XRP Commentaries
Interestingly, other prominent analysts echo Amonyx’s bullish outlook. For instance, CryptoBull believes XRP is nearing the end of a correctional phase, which could conclude within the week. He forecasts an initial surge to $6 shortly after this phase is completed.
Also, Michael van de Poppe, a veteran market analyst, remains optimistic about XRP’s role in the crypto market. In a report earlier this month, as XRP soared toward the higher end of $2, he viewed the altcoin as a leading indicator for altcoin market strength.
The market analyst noted that XRP’s explosive moves often trigger similar gains across other cryptocurrencies. Van de Poppe expects XRP’s rally to initiate a broader altcoin season, reinforcing its influence on market dynamics.
Meanwhile, technical analyst EGRAG recently noted that it would be bullish if XRP closes above $2.3 on the 3-day chart. He identified $2.62 as the next critical level. A close above this threshold could trigger a fully bullish formation. However, XRP closed the 3-day candle at $2.23, but currently trades for $2.3 amid a 3.7% rise today.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
#XRP #XrpNews
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$BNB
📉The volume of Dogecoin transactions fell from $5.69 billion to $415.31 million in less than two months
🤷 ♂️ Investors sold out
Cardano for $200 million
🗣️The community criticized Polygon for its proposal to invest $1.3 billion in reserves
👨💼ADA News: Charles Hoskinson plans to overhaul the Cardano Foundation's governance system
🐳Whales bought Ripple
(XRP) for $2.5 billion
🚀XRP could see insane 719% rally, expert says, thanks to bullish technical signals
👥The growth of XRP and the expectation of RLUSD fuel the activity of Xaman wallet users
#XRPNEWS #ADA #XRP🚀
🤷 ♂️ Investors sold out
Cardano for $200 million
🗣️The community criticized Polygon for its proposal to invest $1.3 billion in reserves
👨💼ADA News: Charles Hoskinson plans to overhaul the Cardano Foundation's governance system
🐳Whales bought Ripple
(XRP) for $2.5 billion
🚀XRP could see insane 719% rally, expert says, thanks to bullish technical signals
👥The growth of XRP and the expectation of RLUSD fuel the activity of Xaman wallet users
#XRPNEWS #ADA #XRP🚀
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Ripple Officially Launches RLUSD Stablecoin
Ripple, officially launched Ripple USD (RLUSD), its newest stablecoin, following the receipt of regulatory approval from the New York State Department of Financial Services (NYDFS), Tuesday (12/17).
For information, RLUSD is designed as a conventional stablecoin that is fully backed by US dollar reserves, including US Treasury securities, and bank deposits. This aims to ensure stability in the market.
Ripple CEO Brad Garlinghouse, expressed optimism about the potential of RLUSD to revolutionize the way stablecoins are used in financial transactions. In fact, he emphasized that utility and compliance are key differentiators in the market in the coming years.
Reportedly, Ripple has formed an advisory board consisting of renowned figures such as Former Governor of the Central Bank of India Raghuram Rajan and Former COO of the Federal Reserve Bank of Boston Kenneth Montgomery, so that it can strengthen Ripple's efforts in stablecoins.
With the launch of the RLUSD stablecoin, Ripple takes a significant step in the evolution of digital currencies in the global payment system.
#XRPnews #btcupdates
Ripple, officially launched Ripple USD (RLUSD), its newest stablecoin, following the receipt of regulatory approval from the New York State Department of Financial Services (NYDFS), Tuesday (12/17).
For information, RLUSD is designed as a conventional stablecoin that is fully backed by US dollar reserves, including US Treasury securities, and bank deposits. This aims to ensure stability in the market.
Ripple CEO Brad Garlinghouse, expressed optimism about the potential of RLUSD to revolutionize the way stablecoins are used in financial transactions. In fact, he emphasized that utility and compliance are key differentiators in the market in the coming years.
Reportedly, Ripple has formed an advisory board consisting of renowned figures such as Former Governor of the Central Bank of India Raghuram Rajan and Former COO of the Federal Reserve Bank of Boston Kenneth Montgomery, so that it can strengthen Ripple's efforts in stablecoins.
With the launch of the RLUSD stablecoin, Ripple takes a significant step in the evolution of digital currencies in the global payment system.
#XRPnews #btcupdates
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🚨 Breaking News: Big $XRP Transfer! 🚨
A staggering 800,000,000#XRP(valued at 1,927,321,529 USD) were transferred from Binance to an unknown wallet! This is a big event for the XRP market, and here’s what it could mean:
Whale Activity: Such a large transfer indicates that a whale or institutional investor is making a significant move. This could be a sign of confidence or a strategic action to hold. Market Impact: This massive transfer could impact the price of XRP, either causing market volatility or signaling a potential price increase if the coins are returned to the exchange for sale at a later date. Uncertainty: The unknown wallet adds an element of mystery. Is this a new investor entering the market, or are these coins being held for a long-term strategy?
Keep an eye on XRP as this transfer could signal significant price action in the coming days! 🚀🔥 #WhaleAlert #CryptoNews #Binance #XRPNews #xrp
A staggering 800,000,000#XRP(valued at 1,927,321,529 USD) were transferred from Binance to an unknown wallet! This is a big event for the XRP market, and here’s what it could mean:
Whale Activity: Such a large transfer indicates that a whale or institutional investor is making a significant move. This could be a sign of confidence or a strategic action to hold. Market Impact: This massive transfer could impact the price of XRP, either causing market volatility or signaling a potential price increase if the coins are returned to the exchange for sale at a later date. Uncertainty: The unknown wallet adds an element of mystery. Is this a new investor entering the market, or are these coins being held for a long-term strategy?
Keep an eye on XRP as this transfer could signal significant price action in the coming days! 🚀🔥 #WhaleAlert #CryptoNews #Binance #XRPNews #xrp
Analyzing XRP : Thoughts on Ripple's Recent Price Movements
#XRPUSDT🚨 In my previous analysis, I predicted Ripple (XRP) would see a downturn, and some people dismissed me as a "coin beginner." They're not wrong—I'm relatively new to cryptocurrencies. However, I’ve been investing in the stock market for years, and I approach these markets with the same analytical lens. Here are my thoughts on Ripple’s recent performance:
1. The Price Rise Was Too Rapid
XRP’s price surged from $0.70 to a peak of $2.40 in a short time. Even though it briefly dipped to around $2.10, it quickly rebounded. Such rapid increases are often unsustainable.
From my perspective, the fundamentals seem weak because the supply isn’t being absorbed effectively. Consider this: someone who bought at $1.60 might hold through a price drop, but someone who entered at $2.20 is more likely to panic sell. These differing reactions could destabilize the price further.
2. Whales Still Lack Enough Supply
Looking at the current trading activity, it seems whales are cycling through buying and selling without accumulating substantial supply. If a whale truly wanted to control the price, they’d likely wait until they could adjust the market more significantly.
For instance, if 100 million XRP suddenly hit the market, the price would likely crash. If I were a whale, I’d deliberately push the price lower, potentially down to $1.20, where retail investors would panic and sell. Once the price bottoms out, they could accumulate more supply at a discount, maximizing profits in the long run.
3. No Clear Catalyst for $5 or $10
A price rise needs a solid foundation—whether from market recognition, significant announcements, or other catalysts. Without these, a rapid climb becomes dangerous.
When XRP previously hit $2.90, the market frenzy was unsustainable, leading to a prolonged sideways trend for nearly 10 days. Without new developments or reasons to absorb the current supply, the price may stabilize temporarily before another volatile swing. This could result in a sell-off that shakes out weaker holders.
If meaningful announcements or partnerships emerge next year, XRP could find strong support and climb to $3, $5, or higher. But for now, the current price level lacks justification.
Final Thoughts
I understand the desire to get rich quickly with Ripple. However, remember that the wealthy aren’t here to hand out money—they’re leveraging their advantages in the same market you’re playing in. Be cautious and think strategically. Blind optimism rarely pays off in markets driven by manipulation and speculation.
Stay smart and invest wisely.#XRPPredictions #XRPnews #xrpsucess $XRP
1. The Price Rise Was Too Rapid
XRP’s price surged from $0.70 to a peak of $2.40 in a short time. Even though it briefly dipped to around $2.10, it quickly rebounded. Such rapid increases are often unsustainable.
From my perspective, the fundamentals seem weak because the supply isn’t being absorbed effectively. Consider this: someone who bought at $1.60 might hold through a price drop, but someone who entered at $2.20 is more likely to panic sell. These differing reactions could destabilize the price further.
2. Whales Still Lack Enough Supply
Looking at the current trading activity, it seems whales are cycling through buying and selling without accumulating substantial supply. If a whale truly wanted to control the price, they’d likely wait until they could adjust the market more significantly.
For instance, if 100 million XRP suddenly hit the market, the price would likely crash. If I were a whale, I’d deliberately push the price lower, potentially down to $1.20, where retail investors would panic and sell. Once the price bottoms out, they could accumulate more supply at a discount, maximizing profits in the long run.
3. No Clear Catalyst for $5 or $10
A price rise needs a solid foundation—whether from market recognition, significant announcements, or other catalysts. Without these, a rapid climb becomes dangerous.
When XRP previously hit $2.90, the market frenzy was unsustainable, leading to a prolonged sideways trend for nearly 10 days. Without new developments or reasons to absorb the current supply, the price may stabilize temporarily before another volatile swing. This could result in a sell-off that shakes out weaker holders.
If meaningful announcements or partnerships emerge next year, XRP could find strong support and climb to $3, $5, or higher. But for now, the current price level lacks justification.
Final Thoughts
I understand the desire to get rich quickly with Ripple. However, remember that the wealthy aren’t here to hand out money—they’re leveraging their advantages in the same market you’re playing in. Be cautious and think strategically. Blind optimism rarely pays off in markets driven by manipulation and speculation.
Stay smart and invest wisely.#XRPPredictions #XRPnews #xrpsucess $XRP
$XRP Long Liquidation: $2.4773K at $2.4023!
The bulls are feeling the heat! A long liquidation worth $2,477.30 just occurred at $2.4023, sending ripples through the market.
As buyers failed to defend this critical level, bearish momentum took charge, triggering a significant shakeout.
This liquidation raises the stakes: Will #XRP find its footing and stage a comeback, or are deeper corrections looming? With market volatility surging, all eyes are on the next move.
What’s your call—rebound or more downside? Share your insights below!
#CryptoUpdate #XRPnews #LiquidationAlert
#XRPTrends
#XRPReclaimsTop3
The bulls are feeling the heat! A long liquidation worth $2,477.30 just occurred at $2.4023, sending ripples through the market.
As buyers failed to defend this critical level, bearish momentum took charge, triggering a significant shakeout.
This liquidation raises the stakes: Will #XRP find its footing and stage a comeback, or are deeper corrections looming? With market volatility surging, all eyes are on the next move.
What’s your call—rebound or more downside? Share your insights below!
#CryptoUpdate #XRPnews #LiquidationAlert
#XRPTrends
#XRPReclaimsTop3
Don’t Buy $XRP Until December 11 – A Pivotal Moment for Ripple Investors! 🛑💎
$XRP
As XRP trades at $2.56 (+4.62%), experts are urging caution in the run-up to December 11, when the U.S. Senate will vote on a critical nomination for the SEC. Here’s why this date could have a major impact on Ripple and XRP’s price action:
The Senate Vote: What’s Happening? 🏛️
The U.S. Senate is set to decide whether Ms. Caroline, a staunch supporter of SEC Chair Gary Gensler’s tough stance on crypto, will join the SEC as its newest commissioner. Her confirmation could tilt the SEC's power balance further against Ripple and other pro-crypto movements.
Ms. Caroline’s Crypto Stance: Known for opposing pro-crypto regulations, her alignment with Gensler could mean stricter enforcement against digital assets.
Ripple’s Case Implications: Ripple’s legal battles hinge on decisions made by all SEC commissioners, not just the Chair. If Caroline joins, she could influence crucial votes and outcomes.
Potential Market Impact 📉📈
1️⃣ If Caroline Is Confirmed:
Bearish Signals: Increased regulatory scrutiny could drive uncertainty, leading to a potential dip in XRP’s price.
Short-Term Selling Pressure: Traders might offload XRP in anticipation of stricter rules or delayed regulatory clarity.
2️⃣ If She’s Rejected:
Bullish Surge: Confidence in Ripple’s legal momentum could skyrocket, pushing XRP toward its next price milestone.
Renewed Investor Interest: A rejection might signal a softer regulatory approach, attracting more capital into XRP and similar assets.
Ripple’s Position: Strength Amid Uncertainty 💡
Despite regulatory concerns, Ripple has secured major legal and market victories in 2024:
XRP’s Utility Grows: Increasing adoption for cross-border payments and decentralized finance.
Institutional Partnerships: Ongoing collaborations with banks and financial entities globally bolster its ecosystem.
Community Momentum: XRP holders remain optimistic about its long-term potential.
What Should Investors Do? 🤔
💎 Hold Off Until December 11:
Risk-averse investors may prefer to wait until the Senate vote concludes to better understand the market’s direction.
📈 Long-Term Believers Stay Steady:
XRP’s bullish case, bolstered by adoption and regulatory clarity wins, remains strong regardless of short-term fluctuations.
⚠️ Trade With Caution:
The crypto market is notoriously volatile. Use tools like stop-loss orders and set price alerts for timely decisions.
Key Takeaway
December 11 is a make-or-break moment for XRP. The outcome of the SEC vote could influence XRP’s future trajectory and investor sentiment across the crypto market. Stay informed and prepare to act swiftly as the news unfolds!
🔔 Follow for real-time updates and analysis on Ripple, XRP, and market trends.
#CryptoAlertX #XRPNews #RippleEffects #CryptoRegulation #HODLHODL
$XRP
As XRP trades at $2.56 (+4.62%), experts are urging caution in the run-up to December 11, when the U.S. Senate will vote on a critical nomination for the SEC. Here’s why this date could have a major impact on Ripple and XRP’s price action:
The Senate Vote: What’s Happening? 🏛️
The U.S. Senate is set to decide whether Ms. Caroline, a staunch supporter of SEC Chair Gary Gensler’s tough stance on crypto, will join the SEC as its newest commissioner. Her confirmation could tilt the SEC's power balance further against Ripple and other pro-crypto movements.
Ms. Caroline’s Crypto Stance: Known for opposing pro-crypto regulations, her alignment with Gensler could mean stricter enforcement against digital assets.
Ripple’s Case Implications: Ripple’s legal battles hinge on decisions made by all SEC commissioners, not just the Chair. If Caroline joins, she could influence crucial votes and outcomes.
Potential Market Impact 📉📈
1️⃣ If Caroline Is Confirmed:
Bearish Signals: Increased regulatory scrutiny could drive uncertainty, leading to a potential dip in XRP’s price.
Short-Term Selling Pressure: Traders might offload XRP in anticipation of stricter rules or delayed regulatory clarity.
2️⃣ If She’s Rejected:
Bullish Surge: Confidence in Ripple’s legal momentum could skyrocket, pushing XRP toward its next price milestone.
Renewed Investor Interest: A rejection might signal a softer regulatory approach, attracting more capital into XRP and similar assets.
Ripple’s Position: Strength Amid Uncertainty 💡
Despite regulatory concerns, Ripple has secured major legal and market victories in 2024:
XRP’s Utility Grows: Increasing adoption for cross-border payments and decentralized finance.
Institutional Partnerships: Ongoing collaborations with banks and financial entities globally bolster its ecosystem.
Community Momentum: XRP holders remain optimistic about its long-term potential.
What Should Investors Do? 🤔
💎 Hold Off Until December 11:
Risk-averse investors may prefer to wait until the Senate vote concludes to better understand the market’s direction.
📈 Long-Term Believers Stay Steady:
XRP’s bullish case, bolstered by adoption and regulatory clarity wins, remains strong regardless of short-term fluctuations.
⚠️ Trade With Caution:
The crypto market is notoriously volatile. Use tools like stop-loss orders and set price alerts for timely decisions.
Key Takeaway
December 11 is a make-or-break moment for XRP. The outcome of the SEC vote could influence XRP’s future trajectory and investor sentiment across the crypto market. Stay informed and prepare to act swiftly as the news unfolds!
🔔 Follow for real-time updates and analysis on Ripple, XRP, and market trends.
#CryptoAlertX #XRPNews #RippleEffects #CryptoRegulation #HODLHODL
$XRP
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Can $XRP Reach $3? Bearish Momentum Causes Investors to Diversify with Lunex Network and TRON
After an impressive 400% rally, Ripple’s (XRP) momentum has stalled as investors start taking profits. Meanwhile, Tron is showing signs of strength after pulling back to a recent high.
A newcomer is also gaining significant traction – Lunex Network, which is set to redefine the DEX space with its innovative cross-chain platform.
In one nearly unbroken move, Ripple (XRP) surged to $2.84, a level not seen since early 2018. However, the surge lost steam as resistance mounted, forcing a retracement in Ripple’s price. Currently, Ripple is consolidating around $2.50 after buyers stepped in to scoop up the dip to $2.25.
During this surge, Ripple rose to $142 billion, which made it surpass Solana, BNB, and even Tether, placing XRP as the third-largest cryptocurrency in the market. Additionally, after months of rigorous testing, the launch of Ripple’s RLUSD stablecoin is approaching.
This will put Ripple at the forefront of the stablecoin industry and will likely lead to a new rally that could see XRP regain $3 by the end of the year.
#BecomeCreator #marketupdate #XRPnews
After an impressive 400% rally, Ripple’s (XRP) momentum has stalled as investors start taking profits. Meanwhile, Tron is showing signs of strength after pulling back to a recent high.
A newcomer is also gaining significant traction – Lunex Network, which is set to redefine the DEX space with its innovative cross-chain platform.
In one nearly unbroken move, Ripple (XRP) surged to $2.84, a level not seen since early 2018. However, the surge lost steam as resistance mounted, forcing a retracement in Ripple’s price. Currently, Ripple is consolidating around $2.50 after buyers stepped in to scoop up the dip to $2.25.
During this surge, Ripple rose to $142 billion, which made it surpass Solana, BNB, and even Tether, placing XRP as the third-largest cryptocurrency in the market. Additionally, after months of rigorous testing, the launch of Ripple’s RLUSD stablecoin is approaching.
This will put Ripple at the forefront of the stablecoin industry and will likely lead to a new rally that could see XRP regain $3 by the end of the year.
#BecomeCreator #marketupdate #XRPnews
See original
XRP has shown the beginning of a buy trend since morning. For those of you who trade on spot and futures, this is the right time to enter the market $XRP . Buy or Long with the nearest Take profit at 2.4200 and the furthest at 2.600. Stop loss must be set at 2.1232. please increase the stoploss to profit. by replacing the number 2.1232 with your buy/long position price. increase it a little. so that if there is a trade plan that is not appropriate. your open position is safe and will not mine.
#XRPUSDT🚨
#XRPVSSEC
#XRPnews
follow me to get more Crypto information.
#XRPUSDT🚨
#XRPVSSEC
#XRPnews
follow me to get more Crypto information.
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#Ripple Labs has received approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin.
CEO Brad Garlinghouse confirmed the development on December 10, adding that the company will soon reveal exchange listings and partners for the asset.
Ripple Stablecoin Set to Challenge Dominance of #Tether and #Circle
#XRPnews
CEO Brad Garlinghouse confirmed the development on December 10, adding that the company will soon reveal exchange listings and partners for the asset.
Ripple Stablecoin Set to Challenge Dominance of #Tether and #Circle
#XRPnews
See original
#Xrp🔥🔥 will skyrocket in 2025??
The excellent performance makes it very possible,
XRP is trading at Rp38,450 ($2.41)
Over the weekend, XRP recorded a remarkable increase of 60%, reaching a high of Rp39,701 ($2.49).
However, XRP is still 36% below its all-time high of Rp61,248 ($3.84), which was achieved seven years ago. XRP's legal battle with the US government has long been a drag on its growth. However, this latest increase gives new hope that XRP can reach new peaks, with an ambitious target of Rp63,816 ($4)
XRP trading volume continues to increase rapidly, with an increase of hundreds of% in the last 24 hours, reaching Rp491.8 trillion ($30.81 billion). This surge in volume reflects the growing interest of investors in the asset.
The recent increase in the price of XRP opens up opportunities for further growth. With the increasing trading volume and market optimism, there is a possibility that XRP could test the psychological resistance level of Rp63,816 ($4).
So, don't miss this opportunity🚀
$XRP $BNB $SOL
#2024withBinance #XRPUSDT🚨 #XRPnews #memecoin🚀🚀🚀
The excellent performance makes it very possible,
XRP is trading at Rp38,450 ($2.41)
Over the weekend, XRP recorded a remarkable increase of 60%, reaching a high of Rp39,701 ($2.49).
However, XRP is still 36% below its all-time high of Rp61,248 ($3.84), which was achieved seven years ago. XRP's legal battle with the US government has long been a drag on its growth. However, this latest increase gives new hope that XRP can reach new peaks, with an ambitious target of Rp63,816 ($4)
XRP trading volume continues to increase rapidly, with an increase of hundreds of% in the last 24 hours, reaching Rp491.8 trillion ($30.81 billion). This surge in volume reflects the growing interest of investors in the asset.
The recent increase in the price of XRP opens up opportunities for further growth. With the increasing trading volume and market optimism, there is a possibility that XRP could test the psychological resistance level of Rp63,816 ($4).
So, don't miss this opportunity🚀
$XRP $BNB $SOL
#2024withBinance #XRPUSDT🚨 #XRPnews #memecoin🚀🚀🚀
4 Reason $XRP will touch $100 in 2025
The cryptocurrency market has always been a hotbed of speculation and innovation. Among the myriad of digital assets, XRP, the native token of Ripple, stands out due to its unique use case and strong industry positioning. While its current price hovers far below $100, several factors could propel XRP to this ambitious milestone by 2025.
1. Mass Adoption of RippleNet and ODL
Ripple's On-Demand Liquidity (ODL) solution, which utilizes XRP for cross-border payments, is seeing increased adoption by banks and financial institutions. With Ripple's partnerships expanding globally, the token's utility grows, driving demand. A surge in institutions leveraging XRP for real-time settlements could significantly boost its price.
2. Clarity on Regulatory Issues
The SEC lawsuit against Ripple has been a cloud over XRP for years. However, recent legal developments suggest a resolution is near, potentially in favor of Ripple. Regulatory clarity would not only restore confidence in XRP but also attract institutional investors, significantly influencing its market value.
3. Broader Cryptocurrency Adoption
As the global economy shifts towards digital currencies, the demand for efficient and cost-effective solutions like XRP is likely to increase. Its low transaction costs and fast settlement times make it an attractive option for both institutional and retail users, positioning it well for growth in a rapidly expanding market.
4. Scarcity and Market Demand Dynamics
XRP’s total supply is capped at 100 billion tokens, with much of it already in circulation or held by Ripple for strategic purposes. As adoption grows, scarcity could become a significant factor. Increased demand coupled with a finite supply might drive XRP's price towards the $100 mark.
If Ripple continues to expand its ecosystem and solidify its role in global finance, XRP could very well achieve unprecedented heights by 2025.#XRPGoal #xrpcrashing #XRPnews #Ripple💰
1. Mass Adoption of RippleNet and ODL
Ripple's On-Demand Liquidity (ODL) solution, which utilizes XRP for cross-border payments, is seeing increased adoption by banks and financial institutions. With Ripple's partnerships expanding globally, the token's utility grows, driving demand. A surge in institutions leveraging XRP for real-time settlements could significantly boost its price.
2. Clarity on Regulatory Issues
The SEC lawsuit against Ripple has been a cloud over XRP for years. However, recent legal developments suggest a resolution is near, potentially in favor of Ripple. Regulatory clarity would not only restore confidence in XRP but also attract institutional investors, significantly influencing its market value.
3. Broader Cryptocurrency Adoption
As the global economy shifts towards digital currencies, the demand for efficient and cost-effective solutions like XRP is likely to increase. Its low transaction costs and fast settlement times make it an attractive option for both institutional and retail users, positioning it well for growth in a rapidly expanding market.
4. Scarcity and Market Demand Dynamics
XRP’s total supply is capped at 100 billion tokens, with much of it already in circulation or held by Ripple for strategic purposes. As adoption grows, scarcity could become a significant factor. Increased demand coupled with a finite supply might drive XRP's price towards the $100 mark.
If Ripple continues to expand its ecosystem and solidify its role in global finance, XRP could very well achieve unprecedented heights by 2025.#XRPGoal #xrpcrashing #XRPnews #Ripple💰