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XRP and DOGE Surpass Bitcoin in Trading Volume in Asia
Growing interest in altcoins has been noted in many Asian regions, particularly in South Korea.
Trading volumes in the last 24 hours for XRP and DOGE accounted for 30% of total activity on Upbit and over 20% on Bithumb.
Both tokens have soared more than 100% in two weeks, primarily due to upcoming changes in cryptocurrency regulation and statements from Elon Musk.
#xrp #DOGE #Dogecoin
$XRP
$DOGE
Growing interest in altcoins has been noted in many Asian regions, particularly in South Korea.
Trading volumes in the last 24 hours for XRP and DOGE accounted for 30% of total activity on Upbit and over 20% on Bithumb.
Both tokens have soared more than 100% in two weeks, primarily due to upcoming changes in cryptocurrency regulation and statements from Elon Musk.
#xrp #DOGE #Dogecoin
$XRP
$DOGE
Peter Brandt Spotlights XRP's Bullish Setup and Potential Breakout Rally
Peter Brandtās Chart Insight Sparks Debate onĀ XRPās Next Market Move
Peter Brandt, a renowned trader and chartist, highlighted a bullish outlook forĀ XRPĀ in a post on social media platform X on Monday. His statement suggests thatĀ XRPĀ is on the brink of a substantial price rally.
Brandt mentioned a āmassive coil,ā a technical analysis pattern where price consolidates within a narrowing range, often resembling a wedge or triangle. This pattern typically precedes a sharp breakout. Brandt noted thatĀ XRPĀ has already surpassed its 2023 high, a significant technical milestone indicating strong bullish momentum. Breaking annual highs often serves as a catalyst for further upward movement, signaling growing market interest and confidence. The veteran trader also highlightedĀ XRPās 2021 high as a critical resistance level, suggesting that surpassing this mark could trigger an explosive rally, symbolized by rocket emojis in his post.
Despite expressing a positiveĀ XRPĀ outlook on Monday, Brandt has previously voiced negative opinions about the cryptocurrency, sparking criticism from its supporters. In a post on X Monday, he clarified: āI am NOT longĀ XRPĀ and have no plans to buyĀ XRP,ā adding that he holds bitcoin (BTC) and solana (SOL). He also acknowledged his skepticism of Ripple, adding that his analysis ofĀ XRPĀ was purely technical.
President-elect Donald Trump has vowed to make the U.S. the ācrypto capitalā of the world and proposed establishing a strategic bitcoin reserve. He has also pledged to remove U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on his first day in office, though speculation suggests Gensler may resign voluntarily before Trump assumes office.
Brandt also addressedĀ XRPās ongoing legal challenges, noting that the cryptocurrency is āprobably notā a security if Gensler steps down during Trumpās presidency. In response to a question on X about whetherĀ XRPĀ will still be considered a security, Brandt replied:
Probably not under Trump without Gensler.
XRPās legal saga stems from Rippleās 2020 lawsuit with the SEC over allegations of unregistered securities offerings. A 2023 ruling declared thatĀ XRPĀ is not a security for retail sales but classified institutional sales as securities, resulting in penalties. While the SECās appeal keeps the case unresolved, speculation around leadership changes at the SEC has positively impactedĀ XRPās market performance, fueling hopes for a more favorable regulatory environment.
#binance #wendy #bitcoin #xrp $BTC $ETH $BNB
Peter Brandt, a renowned trader and chartist, highlighted a bullish outlook forĀ XRPĀ in a post on social media platform X on Monday. His statement suggests thatĀ XRPĀ is on the brink of a substantial price rally.
Brandt mentioned a āmassive coil,ā a technical analysis pattern where price consolidates within a narrowing range, often resembling a wedge or triangle. This pattern typically precedes a sharp breakout. Brandt noted thatĀ XRPĀ has already surpassed its 2023 high, a significant technical milestone indicating strong bullish momentum. Breaking annual highs often serves as a catalyst for further upward movement, signaling growing market interest and confidence. The veteran trader also highlightedĀ XRPās 2021 high as a critical resistance level, suggesting that surpassing this mark could trigger an explosive rally, symbolized by rocket emojis in his post.
Despite expressing a positiveĀ XRPĀ outlook on Monday, Brandt has previously voiced negative opinions about the cryptocurrency, sparking criticism from its supporters. In a post on X Monday, he clarified: āI am NOT longĀ XRPĀ and have no plans to buyĀ XRP,ā adding that he holds bitcoin (BTC) and solana (SOL). He also acknowledged his skepticism of Ripple, adding that his analysis ofĀ XRPĀ was purely technical.
President-elect Donald Trump has vowed to make the U.S. the ācrypto capitalā of the world and proposed establishing a strategic bitcoin reserve. He has also pledged to remove U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on his first day in office, though speculation suggests Gensler may resign voluntarily before Trump assumes office.
Brandt also addressedĀ XRPās ongoing legal challenges, noting that the cryptocurrency is āprobably notā a security if Gensler steps down during Trumpās presidency. In response to a question on X about whetherĀ XRPĀ will still be considered a security, Brandt replied:
Probably not under Trump without Gensler.
XRPās legal saga stems from Rippleās 2020 lawsuit with the SEC over allegations of unregistered securities offerings. A 2023 ruling declared thatĀ XRPĀ is not a security for retail sales but classified institutional sales as securities, resulting in penalties. While the SECās appeal keeps the case unresolved, speculation around leadership changes at the SEC has positively impactedĀ XRPās market performance, fueling hopes for a more favorable regulatory environment.
#binance #wendy #bitcoin #xrp $BTC $ETH $BNB
XRP has been experiencing a significant bullish trend recently, driven by a mix of market factors and speculations that have sparked investor interest. Several elements are contributing to this surge:
1. Market Sentiment and Whale Activity: XRP's recent price jump has been fueled by an uptick in whale activity, with large investors accumulating significant amounts of the coin. This surge in demand from major holders often signals growing confidence in the asset's future prospectsāā.
2. Regulatory Optimism: There is also growing optimism surrounding XRP's legal battles with the U.S. Securities and Exchange Commission (SEC). Speculation that SEC Chairman Gary Gensler could soon step down has contributed to a more favorable outlook for Ripple and its native cryptocurrency. This has led to XRP outperforming other major cryptocurrencies in the marketāāāā.
3. Strong Price Movements: In recent days, XRP has gained as much as 47%, reaching a 16-month high. This has attracted attention from both retail and institutional investors looking to capitalize on the momentumāā.
These factors combined have created a perfect storm for XRP, with expectations of continued bullish performance in the short term. As it approaches the $1 mark, XRP's technical indicators and fundamental developments suggest it might continue to trend upwards. However, as always with crypto, it's important to keep an eye on market developments and regulatory news. #xrp
1. Market Sentiment and Whale Activity: XRP's recent price jump has been fueled by an uptick in whale activity, with large investors accumulating significant amounts of the coin. This surge in demand from major holders often signals growing confidence in the asset's future prospectsāā.
2. Regulatory Optimism: There is also growing optimism surrounding XRP's legal battles with the U.S. Securities and Exchange Commission (SEC). Speculation that SEC Chairman Gary Gensler could soon step down has contributed to a more favorable outlook for Ripple and its native cryptocurrency. This has led to XRP outperforming other major cryptocurrencies in the marketāāāā.
3. Strong Price Movements: In recent days, XRP has gained as much as 47%, reaching a 16-month high. This has attracted attention from both retail and institutional investors looking to capitalize on the momentumāā.
These factors combined have created a perfect storm for XRP, with expectations of continued bullish performance in the short term. As it approaches the $1 mark, XRP's technical indicators and fundamental developments suggest it might continue to trend upwards. However, as always with crypto, it's important to keep an eye on market developments and regulatory news. #xrp
YOLOZzzz:
Nice
XRP's Rise: A Cryptocurrency Resurgence
XRP, Ripple's native cryptocurrency, has experienced a significant surge in recent times. Several factors contribute to this upward trend. $XRP
Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple, filed in 2020, has reached a crucial juncture. The court's favorable rulings and potential settlement have alleviated uncertainty, boosting investor confidence.
Increased Adoption
Ripple's cross-border payment solutions, utilizing XRP, gain traction globally. Partnerships with financial institutions, central banks, and governments expand XRP's utility and liquidity.
Technical Advancements
Ripple's blockchain upgrades, such as the XRP Ledger (XRPL) and RippleNet, enhance scalability, security, and decentralization. These improvements attract developers and users.
Market Sentiment
Positive sentiment, fueled by:
1. Growing institutional investment
2. Improving market conditions
3. Increased trading volume
Fundamental Analysis
XRP's:
1. Strong liquidity
2. Low transaction fees
3. Fast settlement times
Price Drivers
Short-term:
1. SEC lawsuit resolution
2. Regulatory clarity
3. Market sentiment
Long-term:
1. Global adoption
2. Technological advancements
3. Partnership expansion
In conclusion, XRP's rise is driven by regulatory clarity, increased adoption, technical advancements, and positive market sentiment. As Ripple's ecosystem expands and matures, XRP's potential for continued growth remains substantial.
#xrp
Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple, filed in 2020, has reached a crucial juncture. The court's favorable rulings and potential settlement have alleviated uncertainty, boosting investor confidence.
Increased Adoption
Ripple's cross-border payment solutions, utilizing XRP, gain traction globally. Partnerships with financial institutions, central banks, and governments expand XRP's utility and liquidity.
Technical Advancements
Ripple's blockchain upgrades, such as the XRP Ledger (XRPL) and RippleNet, enhance scalability, security, and decentralization. These improvements attract developers and users.
Market Sentiment
Positive sentiment, fueled by:
1. Growing institutional investment
2. Improving market conditions
3. Increased trading volume
Fundamental Analysis
XRP's:
1. Strong liquidity
2. Low transaction fees
3. Fast settlement times
Price Drivers
Short-term:
1. SEC lawsuit resolution
2. Regulatory clarity
3. Market sentiment
Long-term:
1. Global adoption
2. Technological advancements
3. Partnership expansion
In conclusion, XRP's rise is driven by regulatory clarity, increased adoption, technical advancements, and positive market sentiment. As Ripple's ecosystem expands and matures, XRP's potential for continued growth remains substantial.
#xrp
All $XRP holders should buckle up their seat belts because we're about to skyrocketš. Buy XRP now before it's too late .
#xrp #bitcoin #xrpbullish
#xrp #bitcoin #xrpbullish
Damon Mazuera Cl6L:
It's reaching support now, possible break if people keep selling
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#xrp Check this from Ripple.
WOW! š„
$XRP #XRP
RIPPLE HAS ASSIGNED BANK IDs TO OVER 500 BANKS! š¦
AND PEOPLE STILL BELIEVE #XRP WONāT BE USEDā¦
$XRP #XRP
RIPPLE HAS ASSIGNED BANK IDs TO OVER 500 BANKS! š¦
AND PEOPLE STILL BELIEVE #XRP WONāT BE USEDā¦
today technical analysis I predict you my faimly several coin will pump and dump see here.....
$BTC $ETH $SOL #usual #xrp #bonk #pepe #ADAISDT
The cryptocurrency market is showcasing a mix of bullish momentum and slight retracements, highlighting opportunities in specific coins. BTC stands out with a positive move, trading at 92,106.81, up +1.51%, maintaining its leadership in the market. This surge reflects strong buyer demand, suggesting further upward potential if resistance levels are broken. In contrast, ETH is showing a minor decline of -1.17%, trading at 3,111.15, hinting at potential consolidation. Traders should monitor ETH closely as it might attempt to rebound after stabilizing at lower levels.
Among the altcoins, USUAL is the star performer, exploding with an astonishing +2153.60%, now trading at 0.2817. This monumental rally has captured massive attention, and while further gains could be on the horizon, caution is advised as volatility remains high. ADA is also making waves with a solid +4.54%, trading at 0.7711, demonstrating steady bullish momentum. Meanwhile, BONK continues its climb, gaining +7.74% at 0.00005330, making it an appealing option for short-term traders seeking volatility. On the downside, XRP has dipped -3.33% to 1.0958, and PEPE retraced -3.46% to 0.00001956, reflecting bearish sentiment. Both coins are worth watching for signs of potential recovery as they approach critical support zones.
This mixed market dynamic offers exciting opportunities for both short-term traders and long-term investors. Coins like USUAL, ADA, and BONK are currently outperforming, while BTC and ETH are presenting stability and leadership potential. Monitoring key support and resistance levels for these hot coins could unlock profitable trades in the coming sessions.
$BTC $ETH $SOL #usual #xrp #bonk #pepe #ADAISDT
The cryptocurrency market is showcasing a mix of bullish momentum and slight retracements, highlighting opportunities in specific coins. BTC stands out with a positive move, trading at 92,106.81, up +1.51%, maintaining its leadership in the market. This surge reflects strong buyer demand, suggesting further upward potential if resistance levels are broken. In contrast, ETH is showing a minor decline of -1.17%, trading at 3,111.15, hinting at potential consolidation. Traders should monitor ETH closely as it might attempt to rebound after stabilizing at lower levels.
Among the altcoins, USUAL is the star performer, exploding with an astonishing +2153.60%, now trading at 0.2817. This monumental rally has captured massive attention, and while further gains could be on the horizon, caution is advised as volatility remains high. ADA is also making waves with a solid +4.54%, trading at 0.7711, demonstrating steady bullish momentum. Meanwhile, BONK continues its climb, gaining +7.74% at 0.00005330, making it an appealing option for short-term traders seeking volatility. On the downside, XRP has dipped -3.33% to 1.0958, and PEPE retraced -3.46% to 0.00001956, reflecting bearish sentiment. Both coins are worth watching for signs of potential recovery as they approach critical support zones.
This mixed market dynamic offers exciting opportunities for both short-term traders and long-term investors. Coins like USUAL, ADA, and BONK are currently outperforming, while BTC and ETH are presenting stability and leadership potential. Monitoring key support and resistance levels for these hot coins could unlock profitable trades in the coming sessions.
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