XRPPrice
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š„š„š„ $XRP Price Dips Again: Whatās Causing The Continued Slide?
#XRPPrice Struggles and Potential Decline
The XRP price has struggled to break through the $0.480 resistance zone and is currently declining, potentially dropping below the $0.468 support level.
Key Points:
- Failed Gains: XRP couldn't extend gains above the $0.480 resistance and is now trading below $0.475 and the 100-hourly Simple Moving Average (SMA).
- Bearish Trend: A major bearish trend line forms resistance at $0.472 on the hourly chart (data source: Kraken).
- Possible Rejections: The pair might face rejections near $0.472 and $0.480.
Price Movement:
XRP attempted a recovery above $0.472, similar to #bitcoināļø and Ethereum , but faced resistance near $0.480. The price reached a high of $0.4797 before starting a fresh decline. It moved below $0.475 and $0.472, falling past the 50% Fib retracement level from $0.4619 to $0.4797. The price is now below $0.475 and the 100-hourly SMA, finding bids near the 61.8% Fib retracement level.
Resistance Levels:
- Initial resistance at $0.472.
- First major resistance at $0.475.
- Main hurdle at $0.480.
A clear move above $0.480 could push the price towards $0.485, with further resistance at $0.500. A close above $0.500 might lead to a rise to $0.512 and potentially $0.525.
Potential for More Losses:
- If XRP fails to clear the $0.472 resistance, it may continue to decline. Initial support is at $0.468, followed by major support at $0.462. A break below $0.462 could lead to further declines, possibly dropping below $0.432.
Technical Indicators:
- Hourly MACD: Gaining pace in the #BEARISHš zone.
- Hourly RSI: Below the 50 level.
- Major Support Levels: $0.468 and $0.462.
- Major Resistance Levels: $0.472 and $0.480.
In summary, XRP needs to break the $0.472 and $0.480 resistance levels to start a significant recovery. Failing to do so could result in continued declines, with key support at $0.462.
Source - newsbtc.com
#CryptoMarketTrend #BinanceSquareTalks
#XRPPrice Struggles and Potential Decline
The XRP price has struggled to break through the $0.480 resistance zone and is currently declining, potentially dropping below the $0.468 support level.
Key Points:
- Failed Gains: XRP couldn't extend gains above the $0.480 resistance and is now trading below $0.475 and the 100-hourly Simple Moving Average (SMA).
- Bearish Trend: A major bearish trend line forms resistance at $0.472 on the hourly chart (data source: Kraken).
- Possible Rejections: The pair might face rejections near $0.472 and $0.480.
Price Movement:
XRP attempted a recovery above $0.472, similar to #bitcoināļø and Ethereum , but faced resistance near $0.480. The price reached a high of $0.4797 before starting a fresh decline. It moved below $0.475 and $0.472, falling past the 50% Fib retracement level from $0.4619 to $0.4797. The price is now below $0.475 and the 100-hourly SMA, finding bids near the 61.8% Fib retracement level.
Resistance Levels:
- Initial resistance at $0.472.
- First major resistance at $0.475.
- Main hurdle at $0.480.
A clear move above $0.480 could push the price towards $0.485, with further resistance at $0.500. A close above $0.500 might lead to a rise to $0.512 and potentially $0.525.
Potential for More Losses:
- If XRP fails to clear the $0.472 resistance, it may continue to decline. Initial support is at $0.468, followed by major support at $0.462. A break below $0.462 could lead to further declines, possibly dropping below $0.432.
Technical Indicators:
- Hourly MACD: Gaining pace in the #BEARISHš zone.
- Hourly RSI: Below the 50 level.
- Major Support Levels: $0.468 and $0.462.
- Major Resistance Levels: $0.472 and $0.480.
In summary, XRP needs to break the $0.472 and $0.480 resistance levels to start a significant recovery. Failing to do so could result in continued declines, with key support at $0.462.
Source - newsbtc.com
#CryptoMarketTrend #BinanceSquareTalks
**Unraveling XRP Price Glitches: From Alleged $34,603 Surge to $0.0001 Crash šš°**
XRP enthusiasts recently reported multiple alleged glitches, including a disputed $1,919 surge on ConMarketCap, a momentary $5,791 fluctuation on Binance, and even a crash to $0.0001. However, these claims face scrutiny within the XRP community.
**Key Points š:**
- **Recent Glitch Claims:** Alleged anomalies in XRP prices include a disputed $1,919 surge on ConMarketCap.
- **XRP Army Disputes:** Some community members dispute the recent glitch claims, citing lack of evidence and isolated observations.
- **Previous Anomalies:** Instances of XRP anomalies on Binance, Gemini, Poloniex, and Bitrue have been documented this year.
- **Graphical Manipulation:** Some glitch claims, like the $34,603 surge, are criticized for potential graphical manipulation, lacking concrete evidence.
**Confirmed Anomalies š:**
1. **Binance (October 30):** XRP briefly listed at $5,791 on Binance, witnessed by multiple enthusiasts.
2. **Gemini (August):** XRP surged momentarily to $50 on Gemini after its listing.
3. **Poloniex (July):** XRP's price crashed to zero on Poloniex, followed by a quick recovery.
4. **Bitrue (April):** On Bitrue's derivative market, XRP's price plunged to $0.0001, causing liquidation of many long positions.
**Unfounded Cases ā:**
1. **$34,603 Surge (October):** XRP influencer shared a video depicting a surge to $34,603; investigations suggested potential graphical manipulation.
2. **Other Platforms (Various):** XRP glitches reported on Bitstamp, Uphold, Kraken, and Coinbase were often based on manipulated images and lacked concrete evidence.
**Conclusion š§:**
While XRP has experienced genuine anomalies, recent claims face skepticism within the community due to insufficient evidence and a history of manipulated visuals.
**Stay Vigilant! š #XRPPrice #CryptoAnomalies #BlockchainTransparency #XRP #JojoDaily $XRP
XRP enthusiasts recently reported multiple alleged glitches, including a disputed $1,919 surge on ConMarketCap, a momentary $5,791 fluctuation on Binance, and even a crash to $0.0001. However, these claims face scrutiny within the XRP community.
**Key Points š:**
- **Recent Glitch Claims:** Alleged anomalies in XRP prices include a disputed $1,919 surge on ConMarketCap.
- **XRP Army Disputes:** Some community members dispute the recent glitch claims, citing lack of evidence and isolated observations.
- **Previous Anomalies:** Instances of XRP anomalies on Binance, Gemini, Poloniex, and Bitrue have been documented this year.
- **Graphical Manipulation:** Some glitch claims, like the $34,603 surge, are criticized for potential graphical manipulation, lacking concrete evidence.
**Confirmed Anomalies š:**
1. **Binance (October 30):** XRP briefly listed at $5,791 on Binance, witnessed by multiple enthusiasts.
2. **Gemini (August):** XRP surged momentarily to $50 on Gemini after its listing.
3. **Poloniex (July):** XRP's price crashed to zero on Poloniex, followed by a quick recovery.
4. **Bitrue (April):** On Bitrue's derivative market, XRP's price plunged to $0.0001, causing liquidation of many long positions.
**Unfounded Cases ā:**
1. **$34,603 Surge (October):** XRP influencer shared a video depicting a surge to $34,603; investigations suggested potential graphical manipulation.
2. **Other Platforms (Various):** XRP glitches reported on Bitstamp, Uphold, Kraken, and Coinbase were often based on manipulated images and lacked concrete evidence.
**Conclusion š§:**
While XRP has experienced genuine anomalies, recent claims face skepticism within the community due to insufficient evidence and a history of manipulated visuals.
**Stay Vigilant! š #XRPPrice #CryptoAnomalies #BlockchainTransparency #XRP #JojoDaily $XRP
šTop Analyst Predicts When XRP Will Hit $5 (And Itās Sooner Than You Think!)šš¹
Exciting news for the XRP community! š Cryptocurrency analyst Egrag Crypto sets the stage for a remarkable surge, forecasting an 800% increase propelling XRP to $5 within the next 90 days. š Let's delve into the details of this bold prediction and explore the roadmap Egrag envisions for XRP's future.
1. Bullish Sentiments Unleashed! š
Egrag Crypto sparks enthusiasm within the XRP community, predicting a surge to $5 in the short term, considering it just the beginning of an extended bull market. š Egrag outlines key milestones at $1.2, $1.6, $7.5, and $13, setting the stage for an audacious target of $27. Drawing parallels with XRP's historical 61,000% surge in 2017, Egrag sees this as a groundwork for sustained upward momentum.
š® Egrag's Confidence & Historical Context: A Winning Combination!
2. Egrag's Long-Term Vision: XRP to Reach $2,500 by 2029! šš®
Beyond short-term forecasts, Egrag maintains a steadfast bullish prediction, envisioning XRP reaching an impressive $2,500 by 2029. Emphasizing the need for patience among XRP holders, Egrag's optimism is rooted in thorough research into historical price movements and regulatory clarity, deeming XRP the "safest investment choice."
š°ļø Patience Pays Off: XRP's Long-Term Potential Unveiled!
3. XRP Chart Analysis: Crucial Levels to Watch! ššÆ
Egrag delves into technical analysis, pinpointing $0.55 as a critical support level, expressing confidence in XRP not closing below $0.50 weekly. Despite acknowledging potential support at $0.43, Egrag focuses on the bigger picture, steering away from a pessimistic outlook.
š¹ Current State of XRP: Trading at $0.566 with Increased Volume!
š Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! šš”
#XRPPrice #XRPPricePrediction #XRPPriceAnalysis #cryptocurrency #crypto2024
Exciting news for the XRP community! š Cryptocurrency analyst Egrag Crypto sets the stage for a remarkable surge, forecasting an 800% increase propelling XRP to $5 within the next 90 days. š Let's delve into the details of this bold prediction and explore the roadmap Egrag envisions for XRP's future.
1. Bullish Sentiments Unleashed! š
Egrag Crypto sparks enthusiasm within the XRP community, predicting a surge to $5 in the short term, considering it just the beginning of an extended bull market. š Egrag outlines key milestones at $1.2, $1.6, $7.5, and $13, setting the stage for an audacious target of $27. Drawing parallels with XRP's historical 61,000% surge in 2017, Egrag sees this as a groundwork for sustained upward momentum.
š® Egrag's Confidence & Historical Context: A Winning Combination!
2. Egrag's Long-Term Vision: XRP to Reach $2,500 by 2029! šš®
Beyond short-term forecasts, Egrag maintains a steadfast bullish prediction, envisioning XRP reaching an impressive $2,500 by 2029. Emphasizing the need for patience among XRP holders, Egrag's optimism is rooted in thorough research into historical price movements and regulatory clarity, deeming XRP the "safest investment choice."
š°ļø Patience Pays Off: XRP's Long-Term Potential Unveiled!
3. XRP Chart Analysis: Crucial Levels to Watch! ššÆ
Egrag delves into technical analysis, pinpointing $0.55 as a critical support level, expressing confidence in XRP not closing below $0.50 weekly. Despite acknowledging potential support at $0.43, Egrag focuses on the bigger picture, steering away from a pessimistic outlook.
š¹ Current State of XRP: Trading at $0.566 with Increased Volume!
š Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! šš”
#XRPPrice #XRPPricePrediction #XRPPriceAnalysis #cryptocurrency #crypto2024
ChatGPT predicts XRP price after Ripple and SEC case and BITCOIN halving
The world of cryptocurrencies is in a state of constant evolution, with Ripple and the United States Securities and Exchange Commission (SEC) poised for further courtroom battles in 2024, following the Bitcoin halving event. While Ripple secured a partial victory in court, the resolution of this legal dispute appears distant, possibly taking place in the second quarter of 2024.
Ripple-SEC Negotiations and Investor Confidence
The outcome of the ongoing Ripple-SEC negotiations can significantly influence XRP's price by boosting investor confidence, particularly if the resolution favors Ripple. However, it's essential to note that the aftermath of Bitcoin halving events historically leads to market volatility, which may temporarily affect XRP's price.
XRP's Price Reaction to News Events
Cryptocurrency markets are known for their sensitivity to news events. XRP's price may exhibit a pattern of rising ahead of significant developments like negotiations and falling afterward as investors take profits. Understanding these market dynamics is crucial for anyone considering XRP investments.
Regulatory Clarity and Investor Sentiment
The resolution of the legal case between Ripple and the SEC can provide much-needed regulatory clarity for XRP. This clarity can have a profound impact on investor sentiment, potentially driving more significant interest and participation in the XRP ecosystem.
Broader Market Influences
While legal battles and regulatory developments play a significant role in XRP's price movement, it's vital to remember that the cryptocurrency market is influenced by multiple factors. Adoption levels, technological advancements, and global economic conditions all contribute to the overall performance of XRP and other cryptocurrencies.
XRP's Price Analysis and Challenges
Examining XRP's recent price performance reveals a mixed picture. Despite experiencing bullish gains over the past year, XRP has not kept pace with heavyweight cryptocurrencies like Bitcoin and Ethereum. Additionally, it faces challenges as it trades below the critical 200-day simple moving average. Furthermore, XRP has a long way to go to recover from its significant decline since its all-time high.
The future of XRP remains uncertain, with courtroom battles, regulatory developments, and market conditions all shaping its trajectory. As investors and enthusiasts navigate this dynamic landscape, staying informed about the factors affecting XRP's price movement is crucial for making informed decisions in the ever-evolving world of cryptocurrencies.
#Ripple #SEC #XRPPrice #XRPAnalysis #XRP $XRP
Ripple-SEC Negotiations and Investor Confidence
The outcome of the ongoing Ripple-SEC negotiations can significantly influence XRP's price by boosting investor confidence, particularly if the resolution favors Ripple. However, it's essential to note that the aftermath of Bitcoin halving events historically leads to market volatility, which may temporarily affect XRP's price.
XRP's Price Reaction to News Events
Cryptocurrency markets are known for their sensitivity to news events. XRP's price may exhibit a pattern of rising ahead of significant developments like negotiations and falling afterward as investors take profits. Understanding these market dynamics is crucial for anyone considering XRP investments.
Regulatory Clarity and Investor Sentiment
The resolution of the legal case between Ripple and the SEC can provide much-needed regulatory clarity for XRP. This clarity can have a profound impact on investor sentiment, potentially driving more significant interest and participation in the XRP ecosystem.
Broader Market Influences
While legal battles and regulatory developments play a significant role in XRP's price movement, it's vital to remember that the cryptocurrency market is influenced by multiple factors. Adoption levels, technological advancements, and global economic conditions all contribute to the overall performance of XRP and other cryptocurrencies.
XRP's Price Analysis and Challenges
Examining XRP's recent price performance reveals a mixed picture. Despite experiencing bullish gains over the past year, XRP has not kept pace with heavyweight cryptocurrencies like Bitcoin and Ethereum. Additionally, it faces challenges as it trades below the critical 200-day simple moving average. Furthermore, XRP has a long way to go to recover from its significant decline since its all-time high.
The future of XRP remains uncertain, with courtroom battles, regulatory developments, and market conditions all shaping its trajectory. As investors and enthusiasts navigate this dynamic landscape, staying informed about the factors affecting XRP's price movement is crucial for making informed decisions in the ever-evolving world of cryptocurrencies.
#Ripple #SEC #XRPPrice #XRPAnalysis #XRP $XRP
XRP Whales Move 91 Mln Tokens Ahead Of Ex-Execās Big Reveal, Whatās Next?
#Write2Earn XRP, a Ripple-backed token, gained notable traction today following three significant whale #transactions noted. $XRP price slips past $0.51.STORY HIGHLIGHTSXRP whales reshuffle 91.3 million XRP to and fro from #CEXs .XRP open interest aligns with today's price jump.#XRPPrice jumps promptly following Ripple's former director's announcement of major upcoming upgrades.XRP, one of the most prominent cryptocurrencies by global market cap, once again echoed a sense of frenzy across the crypto horizon on Thursday, following three noteworthy whale transactions noted by the Ripple-backed token. As per blockchain insights revealed by the blockchain tracker Whale Alert, a staggering 91 million XRP, shuffled between wallets and exchanges recently, piqued the interest of crypto market fanatics globally.Meanwhile, XRPās price jumped remarkably today, surging past the $0.51 mark, birthing additional inferences for the token. A noteworthy cause for the jump in the tokenās price may be due toĀ Sean McBrideāsĀ recent announcement of upcoming significant news for XRP. While, the crypto community also anticipates the jump to be because of Rippleās strategic legal maneuvering in the SEC lawsuit, scouring for an extension.XRP Whale Transactions: A Detailed ReportAccording to the data revealed by Whale Alert, the three whales collectively shifted 91.3 million XRP, worth $46.35 million, nabbing significant attention globally. Out of these, 51.3 million XRP was dumped to CEXsĀ BitstampĀ and Bitso, whereas 40 million XRP was accumulated from Bybit by an unknown wallet.As per the data, the unknown wallet, ā¦Rzn, dumped the aforementioned amount to Bitstamp and Bitso. Whilst, the wallet address ā¦kJN accumulated the abovementioned amount fromĀ Bybit, a crypto exchange headquartered in Singapore.Intriguingly, amid the whalesā significant shuffling of funds, the XRP price appears to be on an upward momentum. The Ripple-backed tokenās options data further aligned with the price jump.Data unveiled byĀ CoinglassĀ suggests an upswing of 3.68% in the tokenās open interest, mirroring todayās price surge. In the interim, the tokenās options open interest also sprung 15.02%.XRP Price SurgesAs of press time, theĀ XRP priceĀ traded in the green, jumping 2% over the past 24 hours, reaching $0.514. Moreover, the tokenās market cap and trading volume also jotted down a 2.03% and 18.87% upswing, respectively.The sudden jump, despite todayās whale dump, appears to come as a result of Rippleās former directorās recent cryptic message of a significant announcement shortly ahead. In addition, Rippleās strategic legal maneuvering in its lawsuit appears to have further aided this upward momentum.#TrendingTopic
Here is #XRPPrice if Total Crypto MarketCap Hits $5T as Predicted by #ripple CEO
XRP's potential to breach the $1 mark hinges on the global crypto market cap reaching $5 trillion, a prediction confidently stated by Ripple CEO Garlinghouse.
Garlinghouse's April forecast suggested a meteoric rise in the global crypto market cap to $5 trillion by the year's end. He cited macroeconomic trends and the influx of capital sparked by spot #BitcoinETFs as primary catalysts for this surge.
Reaffirming his optimism at this year's Consensus, Garlinghouse's remarks have ignited speculation about the impact on various cryptocurrencies, notably XRP.
XRP's Price Amid a $5 Trillion Market Cap
- Currently valued at $0.5237 with a market cap of $28.3 billion, XRP stands amid a crypto market cap of $2.5 trillion. Should Garlinghouse's prediction materialize, presenting a doubling in market value, XRP would encounter substantial opportunities.
- Assuming a proportional increase in XRP's market cap to match the overall market's growth, its current $28.3 billion valuation could soar to $56.6 billion. With a circulating supply of 55.35 billion tokens, XRP's price could reach $1.022āa conservative estimate aligning with broader market expansion projections.
Loftier Projections and Market Dominance
- However, some analysts foresee XRP's trajectory stretching beyond the $1 milestone. For instance, World of Charts anticipates a surge to $5, while CryptoBull envisions a market structure propelling XRP to a staggering $154.
- Such ambitious targets could catapult XRP's market cap to $276 billion if it hits $5. This would boost its market dominance from the current 1.16% to 5.3% in a $5 trillion #CryptoMarket scenario.
- In essence, XRP's journey to $1 is just the beginning, with loftier projections painting a picture of exponential growth and increased market dominance. As Garlinghouse's prediction unfolds, XRP's potential to reshape the crypto landscape remains a focal point of market speculation.
Source - thecryptobasic.com
#BinanceSquareTalks
XRP's potential to breach the $1 mark hinges on the global crypto market cap reaching $5 trillion, a prediction confidently stated by Ripple CEO Garlinghouse.
Garlinghouse's April forecast suggested a meteoric rise in the global crypto market cap to $5 trillion by the year's end. He cited macroeconomic trends and the influx of capital sparked by spot #BitcoinETFs as primary catalysts for this surge.
Reaffirming his optimism at this year's Consensus, Garlinghouse's remarks have ignited speculation about the impact on various cryptocurrencies, notably XRP.
XRP's Price Amid a $5 Trillion Market Cap
- Currently valued at $0.5237 with a market cap of $28.3 billion, XRP stands amid a crypto market cap of $2.5 trillion. Should Garlinghouse's prediction materialize, presenting a doubling in market value, XRP would encounter substantial opportunities.
- Assuming a proportional increase in XRP's market cap to match the overall market's growth, its current $28.3 billion valuation could soar to $56.6 billion. With a circulating supply of 55.35 billion tokens, XRP's price could reach $1.022āa conservative estimate aligning with broader market expansion projections.
Loftier Projections and Market Dominance
- However, some analysts foresee XRP's trajectory stretching beyond the $1 milestone. For instance, World of Charts anticipates a surge to $5, while CryptoBull envisions a market structure propelling XRP to a staggering $154.
- Such ambitious targets could catapult XRP's market cap to $276 billion if it hits $5. This would boost its market dominance from the current 1.16% to 5.3% in a $5 trillion #CryptoMarket scenario.
- In essence, XRP's journey to $1 is just the beginning, with loftier projections painting a picture of exponential growth and increased market dominance. As Garlinghouse's prediction unfolds, XRP's potential to reshape the crypto landscape remains a focal point of market speculation.
Source - thecryptobasic.com
#BinanceSquareTalks