A renowned crypto expert has dispelled the view that Ripple’s IPO would negatively impact XRP.
Read more on: https://thecryptobasic.com/2023/11/04/top-crypto-expert-says-ripple-ipo-will-not-kill-xrp/
#RippleXRP #Crypto #CryptoCurrents #CryptoNews🔒📰🚫

There is a possibility of a significant decrease in the value of XRP in the near future, as indicated by the analysis of on-chain transfer data. Based on transaction alerts provided by Whale Alerts, two substantial transactions utilizing XRP have been seen on cryptocurrency exchanges Bitso and Bitstamp. This occurrence has led investors to contemplate the motives behind these purchases and engage in conjecture over potential consequences.
The occurrence of substantial transfers conducted by large-scale investors, sometimes referred to as whales, has the potential to amplify selling pressure in the market if these investors decide to sell their holdings and realize gains. This selling pressure may then trigger a chain reaction, temporarily impacting the price of the asset in question.
A significant quantity of 50 million XRP has been transferred by a prominent entity to several cryptocurrency exchanges.
During the recent period of market stagnation, XRP has had a phase of consolidation lasting for a duration of two weeks. Based on the data provided by Coinmarketcap, it can be seen that the trading volume of the altcoin has experienced a decline of 43.59% throughout the last 24-hour period. Prior to the current timeframe, a significant entity in the form of a whale executed a transaction involving the transfer of 50 million XRP, which has an estimated value of $31 million, to various exchanges. This occurrence has generated speculation among investors on its potential connection to the ongoing process of consolidation, and if these transfers signify a deliberate divestment of assets.
Based on the data provided by Whale Alerts, a transaction involving the transfer of 25.2 million XRP tokens, with an estimated value of $15.66 million, was executed on November 23rd, and the recipient of this transaction was the cryptocurrency exchange known as Bitstamp. Subsequently, a transfer of 25 million XRP tokens with an estimated value of $15.55 million was executed, directed towards the cryptocurrency trading platform known as Bitso. Upon closer examination of the blockchain explorers, it is evident that both transactions originated from a shared address labeled as "r4wf7e".
Upon closer examination, it is evident that the address labeled as "r4wf7e" got a total of 55.87 million tokens from another address labeled as "rJgpQR". Subsequently, the address "r4wf7e" engaged in a significant amount of spending within a few hours following the receipt of the tokens. During the next hours, a series of transactions will occur using XRP tokens, with amounts ranging from 20,000 to 25 million. These transactions will be conducted on platforms like as Bitstamp, Bitso, Independent Reserve, as well as some undisclosed private addresses.
Hypothesis Regarding the Factors Influencing the Movement of XRP by the Whale In the present moment,
The recent influx of transfers to other exchanges indicates the intention of a large investor to divest their interests. Nevertheless, it is plausible that there are other motives for these transfers, such as the intention of the whale to ensure the immediate availability of their XRP holdings on exchanges, without necessarily engaging in selling activities at now.
Naturally, these assertions are just speculative. The precise objectives of the whale and the extent of their intended token purchase or sale, if any, remain uncertain. However, when significant quantities of assets of this magnitude are transferred to trading platforms, it often indicates the likelihood of increased volatility in the near future.
In contrast, the data obtained from an on-chain analytics platform indicates that large-scale investors acquired a total of 11 million tokens, with an estimated value of $6.82 million, during the most recent week. The recent surge in purchases implies the presence of a potentially optimistic outlook among some influential market participants.
At the time of writing, the market price of XRP is at $0.62. Earlier this month, the cryptocurrency saw a resurgence, surpassing the $0.7 mark. However, it has encountered challenges in sustaining its upward trajectory. Nevertheless, as per the analysis conducted by CryptoInsightUK, there exists a favorable probability for the token to emulate the remarkable 61,000% increase it saw in 2017, before to the initiation of the SEC litigation.
#XRPUpdate #RippleXRP #WhaleAlert
According to Edward Farina, an expert, there is a possibility that Ripple might potentially replace the existing SWIFT system. In such a scenario, Farina speculates that the value of XRP could see a significant spike, perhaps reaching $10,000.

We'll look at some of the most optimistic XRP price predictions for the coming years and try to understand what could make XRP rise over 1000%. XRP Price Predictions 2023-2025 Currently, the XRP price is around $0.6 and has been fluctuating in a tight range since the beginning of the year. However, some analysts believe that XRP could break out of this channel and begin to rise in the near future. For example, the site CoinDataFlow predicts that XRP could reach $4.69 by 2025, which would represent a 681% increase from current levels. This forecast is based on experimental analysis that takes into account parameters such as market capitalization, turnover, deflation and other factors. An even more ambitious forecast comes from BitcoinWisdom, which expects XRP could rise to $9.25 by 2025, equivalent to a 1,441% increase. This forecast is based on a trend extrapolation method that uses historical XRP price and trading volume data. However, this method does not take into account possible changes in fundamental factors that could affect the supply and demand for XRP. XRP Price Predictions 2026-2030 Taking a longer-term view, XRP price predictions become even more varied and controversial. Some sites such as Investonomic and LiteFinance suggest that XRP will move sideways or grow weakly over the next few years and will not break above the $1 mark. This may be due to the fact that XRP will face stiff competition from other cryptocurrencies that offer higher speed, security and decentralization. However, other sites such as Changelly and The Economy Forecast Agency are more bullish on XRP and believe that XRP could reach $10 or even $22 by 2030. This would represent an increase of 1566% or 3566% respectively. These predictions are based on XRP being able to overcome legal hurdles, expand its partner network, improve its technology, and attract more users and investors. Conclusion As you can see, XRP price forecasts are very different and ambiguous. Some of them suggest that XRP could rise by more than 1000%, while others doubt that XRP will be able to overcome its weaknesses and problems. Ultimately, the future of XRP depends on many factors that are difficult to predict in advance. Therefore, before investing in XRP, you need to be attentive to the risks and opportunities that this cryptocurrency offers. If you enjoyed this article, please like and leave a tip. This will help me continue to write interesting and useful materials for you. Thank you for your attention!#XRP #XRPcommunity #Ripple #RippleXRP

As reported by Reuters, Voltage Park, a nonprofit organization funded by Ripple and XRP cofounder Jed McCaleb, has purchased Nvidia cutting-edge chips worth close to $500 million. The goal of this endeavor is to lease computing capacity to businesses involved in AI projects. At the moment of writing, Voltage Park owns 24,000 Nvidia H100 chips, establishing itself as a reliable source of accessible AI computing solutions. The organization plans to deploy these advanced chips in key U.S. regions. While some chips are already in operation, Voltage Park is working to ensure the entire batch is operational by February.#xrp #RippleXRP #IluPredictor $XRP

After a hiatus from crypto futures perpetual trading, I'm excited to share my first trade back in the arena: long $XRP with 10x leverage.
Choosing XRP wasn't a random decision. Since May 2022, I've been closely observing a consistent pattern of higher lows forming on the XRP chart. This, coupled with occasional breakouts, suggests potential for upward momentum.
Entering the trade at 0.5415, the only thing left to do is wait. While leverage offers the potential for amplified gains, it also magnifies losses. Therefore, I've meticulously chosen my entry point and implemented strict risk management strategies. This includes setting clear stop-loss orders to mitigate potential downside risks.
Here's why I'm bullish on XRP:
Upward trend: The aforementioned pattern of higher lows since May 2022 indicates a potential bullish bias.
Breakout potential: Occasional breakouts suggest the price could surpass resistance levels, offering further upside potential.
Positive developments: Recent news and partnerships surrounding the Ripple ecosystem could fuel positive sentiment for XRP, like:
Growing Adoption: Ripple continues to forge partnerships with financial institutions worldwide, expanding the utility and reach of its RippleNet payment network. This increasing adoption could drive demand for XRP, as it fuels transactions on the network.Cross-Border Payments Focus: Regulatory bodies and financial institutions are increasingly focusing on streamlining cross-border payments. RippleNet's efficiency and cost-effectiveness in this area position XRP favorably to benefit from this growing demand.Central Bank Digital Currencies (CBDCs): The exploration of CBDCs by various governments presents an opportunity for Ripple. Its expertise in cross-border payments and digital asset infrastructure could position XRP as a potential bridge between traditional and digital currencies.Increased Utility: Beyond RippleNet, XRP is being explored for various other use cases, such as tokenization of assets and decentralized finance (DeFi). This broader utility could further increase its demand and value.

Important Disclaimers:
This is not financial advice. Please conduct your research before making any investment decisions.
Crypto trading is inherently risky, and leverage amplifies these risks. Only invest what you can afford to lose.
Implement proper risk management strategies, including stop-loss orders.
I'm eager to see how this trade unfolds and share my progress with the Binance Square community. Feel free to share your thoughts and insights on XRP or your own trading experiences in the comments below!

#Write2Earn‬
#RippleXRP
#TrendigTopic
#XRP🚀
#RippleNet