With less than a few days left until the 2024 end, the markets are facing a major volatility issue as the buyers remain passive. As a result, the volume has dropped to a large extent, indicating the sluggish behaviour of the market participants due to uncertainty circulating around major tokens like Bitcoin, Ethereum, XRP, etc., and many more. While Ripple is expanding its network, the XRP price is believed to have a positive impact. Meanwhile, the current trade setup and the market sentiments raise serious concerns over the upcoming price action. 

The broader market sentiments are neutral at the moment, as the lack of bullish strength has  paved the way for the bears to mount some upward pressure. The drop in the price has been supported by the rise in the volume, suggesting the market participants could be panic selling as the token reaches beyond the 2021 highs after remaining sluggish for a long time. Therefore, the lower targets have been activated, as the price is expected to reach $1.88 if the token fails to defend the crucial support at $2. 

The short-term price action of XRP suggests the token is primed for a major bearish action ahead of the yearly close. The stochastic RSI has been displaying a consistent trend, suggesting a drop in the token’s volatility. Besides, the MACD remains within the negative range without a rise in either bullish or bearish pressure. As the volume remains lower, there could be a fewer possibility of a breakout. Therefore, the XRP price may eventually reach the ascending support line at $2 after undergoing a small rise to $2.1. 

Additionally, the long-term price action also remains bearish, as the MACD suggests a drop in the buying pressure in the weekly chart. However, the rally appears to be reaching the lower support of the bull flag pennant, indicating a huge possibility of a rebound. Secondly, the RSI remains within the overbought range suggesting the bullish trend to prevail for a long time ahead. 

Therefore, if the XRP price sustains within the bullish pennant, a rebound may be initiated with the beginning of the fresh yearly trade. This could further pave the way for the token to march towards the higher targets in the coming days. 

#XRPRealityCheck
#Xrp🔥🔥
#Ripple
#CryptoRegulation2025
$BTC
$XRP
$BNB

(💲 هديه خاصه بأول مقال مثبت في قناتي 💲)

تظل القضايا القانونية المتعلقة بعملة XRP وريبل (Ripple) من أبرز الأحداث في عالم العملات الرقمية. أحدث المستجدات تشير إلى تطورات حاسمة قد تؤثر بشكل كبير على مستقبل العملة وسوقها.

أحدث المستجدات في القضية:

1. التسوية الجزئية:
في خطوة مثيرة، تمكنت ريبل من تحقيق مكاسب قانونية ضد هيئة الأوراق المالية والبورصات الأمريكية (SEC)، حيث قضت المحكمة بعدم اعتبار مبيعات XRP في السوق الثانوية أوراقًا مالية. هذا القرار يُعد انتصارًا رئيسيًا للشركة.

2. التأثير على الأسواق:
عقب هذه الأخبار، شهدت XRP ارتفاعًا ملحوظًا في الأسعار، حيث أظهرت البيانات زيادة في حجم التداول ومستوى الاهتمام بين المستثمرين.

3. المرحلة المقبلة:
بالرغم من بعض الانتصارات، لا تزال هناك جلسات قانونية قادمة تتعلق ببيع XRP للمؤسسات. إذا نجحت ريبل في تحقيق مزيد من المكاسب، قد يؤدي ذلك إلى تعزيز مكانة XRP في السوق.

ما تأثير هذه التطورات على XRP؟

إيجابي: إذا استمرت المكاسب القانونية، قد يدعم ذلك ارتفاع سعر XRP واستقطاب المزيد من المستثمرين.

سلبي: في حال تأخر التسوية النهائية، قد يؤدي ذلك إلى ضغوط على السوق وتقلب الأسعار.

رؤية مستقبلية:

يتابع المحللون والمستثمرون القضية عن كثب، حيث يتوقع البعض أن تسوية نهائية لصالح ريبل ستدفع XRP نحو تحقيق مستويات سعرية جديدة.

هاشتاجات:

#XRP #ريبل #القضايا_القانوني
ة #العملات_الرقمية‬ ة #اخبار_السوق
#Ripple

As the Ripple stablecoin, RLUSD, becomes publicly available, the company has appointed several influential figures to its advisory board.

Among the most prominent names is Raghuram Rajan, a former director of the International Monetary Fund (IMF). This appointment caught the attention of the XRP community, with several commentators discussing the strategic significance of including such high-profile figures in the RLUSD project.

Expertise Rajan Brings to Ripple Stablecoin Advisory Board

Rajan served as the IMF’s Director of Research and Chief Economist from 2003 to 2006. Later, he became the 23rd Governor of the Reserve Bank of India (RBI) from September 2013 to September 2016. While at the RBI, he also became Vice-Chairman of the Bank for International Settlements in 2015.

In 2005, at the Federal Reserve’s annual Jackson Hole conference, Rajan warned about the increasing risks in the financial system. While predicting a potential financial crisis, he suggested measures to mitigate these risks. 

Former U.S. Treasury Secretary Lawrence Summers initial dismissed his predictions, labeling them as “misguided.”  However, after the 2007–2008 financial crisis, Rajan’s warnings were widely recognized as prescient.

In November 2008, Rajan took on the role of honorary economic adviser in India, contributing policy notes. In August 2012, he was appointed Chief Economic Adviser to India’s Ministry of Finance.

Now, Raghuram Rajan is joining the RLUSD advisory board to offer expert guidance on financial, regulatory, and operational matters, helping to ensure the stability and growth of Ripple’s stablecoin. 

Rajan Bullish Comment on RLUSD Launch

Commenting on the launch of RLUSD, Rajan expressed that stablecoins have the potential to become the backbone of payments. According to him, they provide a secure and efficient alternative to traditional systems.

He specifically highlighted that RLUSD, with its focus on compliance and reliability, aims to set new standards for trust and play a key role in shaping the future of payments.

“Joining the Advisory Board allows me to counsel RLUSD as it embarks on its journey in the rapidly evolving financial landscape,” Rajan concluded.

Other Big Names in Ripple’s RLUSD Advisory Board

In the advisory role, Rajan will collaborate with Kenneth Montgomery, former Chief Operating Officer of the Federal Reserve Bank of Boston. 

Besides, Ripple’s RLUSD advisory board already includes notable figures such as former FDIC Chair Sheila Bair, David Puth, Vice Chairman of Partners Capital, and Ripple co-founder Chris Larsen.

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🔥🔥
#RLUSD
#Ripple
$XRP
$BTC
$BNB

A growing chorus of market analysts predicts a bright future for XRP, with many suggesting that investors will regret not buying below the $7 mark. Despite recent turbulence in the crypto market, Coach JV, CEO of 3T Warrior Academy, remains bullish on XRP, suggesting it could eventually soar to an ambitious $100.

Market Challenges and Rebound

XRP, like most of the market, faced a significant downturn, dropping 1.24% on Christmas Day and 6.06% on Boxing Day. However, the altcoin has shown signs of recovery, currently trading at $2.15—a critical support level.

Why the $100 Target?

The dream of XRP hitting $100 has divided the crypto community. Critics argue that its 100 billion token supply poses a challenge, as a $100 price point would equate to a staggering $10 trillion market cap—about 10% of the global M2 money supply.

However, supporters like Coach JV dismiss these concerns, emphasizing XRP’s strong fundamentals and increasing global adoption. They argue that technological advancements, institutional interest, and utility-driven demand could push XRP to new heights.

Investor Sentiment

Coach JV warns against a short-term mindset, urging investors to focus on XRP's long-term potential. He believes that once XRP reaches $100, the market will experience a massive FOMO (Fear of Missing Out) wave, pushing prices even higher.

Current Market Indicators

Despite the recent downturn, XRP appears undervalued with a Commodity Channel Index (CCI) of -112. Historically, such levels have signaled significant upside potential. For example, in October, XRP rallied from $0.50 to $2.9—a 480% increase—after hitting similar CCI levels.

What’s Next for XRP?

Short-Term Targets: Breach $3 once market sentiment improves.

Mid-Term Targets: $5 and $7.

Long-Term Potential: $100 and beyond.

Investors who strategically accumulate XRP during these price ranges could position themselves for substantial gains as the market matures.

⚠️ Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research before making investment decisions.

#XRP #CryptoSignals #Ripple #CryptoRebound #Crypto2025
$XRP

Em um cenário muito favorável para o XRP, diversos fatores podem influenciar seu valor ao longo prazo. Alguns dos principais são:
1. Adoção Institucional e Parcerias:
Se o XRP for amplamente adotado por instituições financeiras, bancos e governos, sua utilidade e demanda aumentariam significativamente.
O XRP já é usado em soluções de pagamentos transfronteiriços, e uma maior integração no sistema financeiro global poderia impulsionar seu valor.
2. Desenvolvimento Tecnológico e Escalabilidade:
Melhorias contínuas na tecnologia do XRP Ledger, aumentando a capacidade de transações, segurança e eficiência, podem aumentar a confiança do mercado e atrair mais usuários.
A expansão do ecossistema e o aumento do número de dApps (aplicativos descentralizados) usando o XRP poderiam contribuir para sua valorização.
3. Resolução de Desafios Regulatórios:
Caso a Ripple Labs continue a vencer disputas legais e consiga garantir um status claro e favorável para o XRP, a confiança dos investidores e a adoção do token aumentariam.
A resolução positiva das questões regulatórias, especialmente nos EUA, seria crucial para seu crescimento.
4. Maior Adoção como Reserva de Valor:
O XRP poderia se posicionar como uma alternativa ao ouro digital (como o Bitcoin), atraindo investidores buscando proteção contra inflação e riscos econômicos.
5. Oferta Controlada e Queima de Tokens:
A redução gradual no fornecimento de XRP devido à queima de tokens e perda de chaves privadas poderia aumentar a escassez ao longo dos anos, o que, combinado com uma maior demanda, poderia impulsionar seu valor.
Estimativa de Valor a Longo Prazo
Considerando esses fatores em um cenário favorável, XRP poderia, teoricamente, alcançar valores de US$ 50 a US$ 100 ou mais a longo prazo, especialmente se houver uma adoção massiva e seu uso como moeda de reserva se concretizar. Esses valores são especulativos e dependem de muitos desafios e incertezas no caminho.
Entretanto, é importante notar que o mercado de criptomoedas é altamente volátil, e o preço do XRP pode ser influenciado por uma combinação de fatores externos e imprevisíveis, como mudanças na regulamentação, concorrência de outras criptomoedas, e o comportamento de grandes investidores.
Em resumo, num cenário ideal, o XRP pode ter um valor significativo no longo prazo, mas os riscos e incertezas devem ser levados em consideração ao fazer qualquer previsão de preço. #pracima

#xrp #Ripple

Veteran trader Peter Brandt, in a recent X post has shared two charts that may hint at XRP’s next potential moves. Notably, Brandt shared a weekly chart that shows a bullish wedge pattern. If validated, the pattern will show price growth into 2025. However, the daily chart suggests a correction from the local top level of $2.728000. 

Previously, Peter Brandt had shared that the XRP/USD pair currently seems to be forming a Half Mast Flag. If this pattern completes, Brandt had suggested that the “distance to upside should equal advance into tip of flag.”

He noted that that the potential upside could match the previous advance into the tip of the flag, as is typical for this formation. While it often signals a significant price move after a drop, it does not always ensure upward momentum.

Recently, Credible Crypto, a crypto analyst and trader in a latest XRP is one of the few coins right now that is printing a very clear bullish impulsive structure on lower time frames, on higher time frames, on every time frame. And very easily cleanly identifiable,” he noted.

“That’s kind of what we’re seeing here on XRP – is that very clean price action that shows impulsive price movement,” he added further. 

The analyst regularly applies the Elliott Wave theory in his technical analysis, and has noted that XRP could explode by up to 1,295% from the current level. Notably, in technical analysis, the Elliott Wave theory suggests that a bullish asset witnesses a five-wave rally before a correction occurs in a three-wave pattern.

Credible believes that XRP is preparing for an upward impulse, potentially reaching $4+ and new all-time highs. He suggests this could be part of a larger third-wave move that may ultimately push XRP to $5+. As the final fifth wave progresses, Credible anticipates XRP could reach a blow-off top of $20 to $30.

XRP To Hit Double Digits?

“By the time we’re gearing up for this final fifth wave, I would imagine that we would have hit double digits at that point. And this fifth wave will take us to the blow-off top or the final top of $20 to $30,” he noted. 

Notably, XRP witnessed a notable rally in December as it reached a peak of $2.72 on December 3. However, the XRP price has declined steadily due to increased volatility this holiday season. While a brief rally followed the launch of Ripple’s RLUSD stablecoin but it was not enough to take XRP to newer heights. 

XRP is currently 36.3% below its all-time high from early 2018, failing to set a new record in December despite earlier momentum. Nevertheless, the fully diluted valuation (FDV) has climbed to $216.24 billion, reinforcing confidence in XRP’s long-term potential. 

#Xrp🔥🔥
#Ripple
#Crypto2025Trends
#MarketRebound
#CryptoRegulation2025
$XRP
$BNB
$BTC

For traders looking to position themselves based on the XRP price $BTC
predictions for January 2025, here’s a roadmap to consider:$ETH
1. Monitor the SEC Lawsuit Resolution
If the lawsuit is resolved positively: Traders should be prepared for a potential surge in XRP's price, especially in the optimistic and very optimistic scenarios. A positive outcome in the lawsuit could lead to a strong rally, particularly in the first quarter of 2025.$XRP If the lawsuit drags on: In this case, the price may remain under pressure, and traders might need to take a more conservative approach, considering a possible price range between $1.35 and $2.12 as noted in the conservative forecast.
2. Key Support and Resistance Levels
Support: Watch for price levels around $1.35 to $1.50. If XRP holds these levels, it may indicate a potential price recovery or consolidation, offering a good entry point for medium-term positions.Resistance: The $2.20 level is a critical resistance in the optimistic forecast. A break above this level would signal a potential rally towards $3 or higher, depending on market momentum.
3. Leverage Ripple’s Technological and Business Growth
Ripple’s Partnerships: Keep an eye on Ripple’s business developments, particularly new partnerships with major banks or adoption of XRP in cross-border payments. Significant news on this front could drive prices toward the very optimistic forecast ($7).Technological Upgrades: If Ripple implements new technological advancements that enhance XRP’s usability or scalability, this could create bullish momentum.
4. Global Crypto Market Sentiment
Bullish Market Sentiment: If the overall crypto market is in a bullish trend, XRP will likely benefit from this uplift. XRP tends to move in tandem with major market movements, especially if Bitcoin and Ethereum are showing strength.Bearish Market Sentiment: In a bearish market, XRP may struggle to push past key resistance levels, and a drop toward the lower end of the conservative range is possible.
5. Risk Management for Traders
Set Stop-Loss Orders: Given the volatility surrounding XRP, especially with potential legal and regulatory events, setting stop-loss orders is crucial. If the price dips below the support range, consider taking profits or limiting losses.Diversify: While XRP could see substantial gains in 2025, diversification across other assets may help protect your portfolio from any major dips, especially if market sentiment turns negative.
Pure Prediction for Traders 💯:
Short-Term: If XRP’s price holds above $1.35 and continues to show positive momentum, traders should consider holding or increasing their positions cautiously. Positive news about Ripple’s lawsuits or business deals could push the price toward the $2 to $2.20 range.Medium-Term: Should the SEC lawsuit resolution be favorable and Ripple continues forging partnerships, XRP could test the $3-$5 range by mid-2025. This would be the time for more aggressive traders to scale into positions.Long-Term: A highly optimistic scenario sees XRP potentially reaching $7, but this depends on Ripple's continued success in global payments and regulatory outcomes. For long-term holders, staying informed on Ripple’s developments and the broader market trends will be key to capitalizing on these opportunities.
By monitoring these factors and using technical and fundamental analysis, traders can adjust their strategies and positions accordingly to capture potential profits while managing risk. Always stay updated on legal developments surrounding Ripple and keep an eye on global crypto market trends.

#XRP #CryptoPrediction #XRPPrice #CryptoForecast #Ripple #SEC #CryptoMarket #XRP2025 #CryptoTrading #XRPAnalysis #Bitcoin #CryptoNews #MarketTrends