How could Ripple ($XRP ), one of the most notable altcoins of 2024, perform by the end of the year?
Trump's victory in the US presidential elections and the resignation of SEC Chairman Garry Gensler led to a bull run among crypto people. Gensler's resignation also saw an increase in the decline in the XRP price. #XRP , which has increased by over 400 percent since November, has become one of the most popular names in the crypto sector.
AMBCrypto has captured the course of XRP. In the prepared price analysis, the performance that the popular altcoin could exhibit until 2024 was mentioned. It was stated in the analysis that the possibility of a sale of $ 8 was also included.
XRP price analysis
According to AMBCrypto's analysis, it is stated that the XRP price may target $ 8 in the coming days.
The 5 percent loss in value in the last 24 hours was predicted to continue the rise of XRP. In the price analysis, the possibility of the trend continuing in the direction was mentioned even though the selling pressure increased.
AMBCrypto, who argued that the XRP price is still offered cheaper, noted the following in his system;
“XRP is still being watched and is moving below. The analysis shows that the price may soon continue the bull rally.”
Crypto analyst Ali Martinez also predicts an increase for XRP. Martinez stated that XRP is below and that the uptrend target has increased to $ 8.4. The analyst pointed to the $ 48 region as the ultimate target for XRP.
According to Martinez, XRP will need to gather strength from the $ 1.7 support in possible declines. If this support is also lost, the price will test the support performance at $ 0.85.
AMBCrypto stated that XRP is technically indicating a potential recovery and that the increase will continue if the correction is interrupted.
The following statements were included in the analysis;
“Chaikin Money Flow (CMF) gave an upward signal. The positive signal on the indicators shows that buying pressure is increasing and the market’s appetite is increasing.”
AMBCrypto argued that XRP should break above $2.7 in a possible recovery rally.
#XRPUSDT #binance #AltSeasonBoom? #binance

The XRP price has outperformed the broader crypto market in the past 24 hours, rising by about 29% compared to Bitcoin’s (BTC) and Ethereum’s (ETH) 0.13% and 0.35%. This rally has sparked intense market analysis as experts evaluate the asset’s next move after a prolonged sideways trend.

Analysts have identified a unique candlestick pattern, suggesting it could signal a bullish breakout, potentially driving the XRP price up by over 88x. Meanwhile, its rival, RCO Finance (RCOF), is rapidly gaining traction, with growing market adoption positioning it to outperform XRP shortly.

XRP ‘God Candle Imminent’ as Analysts Predict $2 Target by Year-End

The XRP price currently trades at $1.04, following a significant bullish breakout that ended a 33-month consolidation phase. While making a 24-hour surge of 28%, this price point is a milestone since December 11th, 2021.

Moreover, factors like Gary Gensler’s farewell signals from his current role as the SEC Chairman and the recent listing of XRP to Robinhood have seemingly contributed to the recent XRP price surge.

Analysts are abuzz with predictions of a parabolic rally, with some forecasting a 250% surge by the end of 2024. Independent crypto analyst Mikybull highlighted that XRP’s break from a three-and-a-half-year downtrend, alongside its RSI showing renewed strength, sets the stage for a “god candle” rally.

This sentiment echoes across the XRP community, with proponents suggesting that the XRP price discovery phase could push it beyond its 2021 high of $1.96. As open interest for XRP reached a yearly peak of $1.2 billion, leveraged positions and bullish sentiment dominate the market, signaling strong demand.

While short-term corrections remain possible as funding rates stabilize, XRP’s technical and social indicators point to explosive potential, making it one of the most closely watched altcoins heading into 2025.

RCO Finance (RCOF): The Ambitious Rival with Lofty Goals

As XRP price finally starts its long-awaited journey upwards, RCO Finance (RCOF) emerges as a worthy contender in the DeFi market. As a decentralized trading platform that leverages the power of Artificial Intelligence, RCO Finance is equipped with a range of features that aim to revolutionize the trading experience.  

Another standout feature of the RCO Finance platform is the AI-driven Robo Advisor. This advanced instrument processes massive amounts of live data on stocks and their fluctuations and historical data to provide individual users with investment solutions according to their financial objectives and tolerance for risk. 

Unlike conventional platforms, RCOF’s Robo Advisor changes portfolios in real time, enabling even inexperienced individuals to make informed choices without extensive finance knowledge. This innovation brings high-level trading, which was only possible by professionals, to the general public. 

Another unique aspect of RCO Finance is that the project incorporates the tokenization of real-world assets (RWAs). By allowing the direct purchase of stocks, bonds, and real estate using cryptocurrencies, RCOF eliminates the intermediation between digital currencies and real assets. 

This eliminates the tiresome process of converting crypto into fiat cash, making the investment process more fluid. The possibility of investing in valuable assets such as real estate with a minimal amount of money opens the door to many who thought they could not afford such opportunities.

The robo advisor also enables RCOF’s automated market-making (AMM) system to use ML to improve trading efficiency. This system improves trading efficiency by eliminating emotional decision-making. It automates trades based on market conditions, simplifying investments and minimizing human error.

Security is another cornerstone of RCO Finance’s appeal. The platform regularly audits its smart contracts through SolidProof to protect against the assets from potential vulnerabilities. Additionally, RCOF does not require Know Your Customer (KYC) procedures, allowing users to maintain anonymity.

Join the RCO Finance Presale For a Higher ROI

RCO Finance’s presale nears the $5 million mark, drawing significant crypto community interest. With RCOF tokens priced at $0.055 in Stage 3, early investors anticipate substantial gains, as projections estimate a launch price near $0.60, offering a potential 10x ROI.

By participating in this presale, you secure your position in a promising project and access exclusive benefits such as staking rewards with some of the industry’s highest annual percentage yields (APY) of up to 86%.

Additionally, holding RCOF tokens grants you voting rights within the ecosystem, allowing you to influence critical decisions regarding platform upgrades and new features. RCOF holders also have access to trading discounts and priority customer support.

While the XRP price is rapidly building bullish momentum, RCO Finance is reshaping DeFi investments with crypto AI technology and user-focused design. Secure your stake now and seize the opportunity for substantial returns in decentralized finance!

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

El mundo de las criptomonedas acaba de recibir una sacudida sísmica con la inesperada alianza entre Elon Musk y Ripple. El visionario detrás de Tesla y SpaceX se ha unido a la empresa que impulsa XRP, buscando transformar la moneda digital en una de las más poderosas del mercado. Juntos, apuntan a llevar el precio de XRP a alturas inimaginables: ¡$1510 por token para el 15 de abril! Este acuerdo no solo eleva la moneda, sino que podría reconfigurar el sistema financiero global tal como lo conocemos.
Elon Musk no es ajeno a los movimientos disruptivos. Con Tesla, ha revolucionado la industria automotriz, y con SpaceX, está desafiando los límites del espacio. Ahora, con su respaldo a Ripple, Musk tiene la capacidad de acelerar la adopción global de XRP, no solo como un medio de pago más rápido y económico, sino como un pilar central en las transacciones internacionales. Imagina pagar tu Tesla con XRP o utilizarlo para mover dinero de manera instantánea entre continentes, una realidad que podría estar más cerca de lo que pensamos. La demanda de XRP podría dispararse, creando un círculo virtuoso que catapulte su valor.
Con la presión de la adopción institucional en aumento y las victorias legales que Ripple ha cosechado, la oportunidad de ver a XRP superar los $1000 y alcanzar los $1510 es más realista que nunca. Las grandes corporaciones y bancos ya están tomando en serio la criptomoneda, pero con el respaldo de Musk, las posibilidades son infinitas. Si la tecnología de Ripple, junto con la visión de Musk, logra fusionarse de manera efectiva, podríamos estar ante la nueva era del dinero digital. ¡Este es un momento histórico que podría cambiar para siempre la forma en que entendemos las finanzas!
#Binance #ElonMusk #Criptomonedas #Xrp🔥🔥

The post XRP News Today: Ripple CEO Confirms Meeting with Donald Trump Amid SEC Battle appeared first on Coinpedia Fintech News

Ripple is the cryptocurrency organisation which has suffered the most during the Biden administration. It recently entered into a fierce legal battle against the US Securities and Exchange Commission, challenging the regulator’s decision to appeal a US court judgement supporting the company’s argument that XRP is not a security.

Interestingly, ending speculation regarding a high-level meeting between Donald Trump and Brad Garlinghouse, a recent post on X by Good Morning Crypto reveals that Ripple CEO Brad Garlinghouse confirmed his meeting with Donald Trump during his latest conversation with a prominent media house. The revelation has triggered discussions among cryptocurrency enthusiasts, with some showing disbelief and others expressing excitement. Here is what you should know about the significant development. 

Ripple CEO’s Meeting with US President-elect 

The post asserts that Garlinghouse confirmed his meeting with Donald Trump during his latest media conversation. However, it provides no hint about when and where the meeting took place, whether there were any other participants, and what they discussed. Instead, the post calls for crypto enthusiasts to comment on what, they believe, were the key topics discussed during the meeting. 

JUST IN: DONALD TRUMP & RIPPLE CEO MEETING CONFIRMED ON FOX BUSINESS! "$XRP is one of the best performance off the news that @bgarlinghouse met with President Donald Trump." What do you believe Ripple CEO discussed with Donald Trump during their White House meeting? … pic.twitter.com/T81BrPQUji

— Good Morning Crypto (@AbsGMCrypto) November 15, 2024

Crypto Community Reactions 

Some, like crypto enthusiast Craig Hoqf, opine that Ripple primarily addressed the challenges it faced from the US SEC during the Biden administration. The possibility for such a discussion is high considering Ripple is currently fighting a contentious legal battle against the US regulator. 

They discussed the shit storm that XRP has went through because of Gary Gensler and his cronies over a nice supper. After supper they possibly went to a movie together and watched “Rigged, exposing the SEC’s war on crypto” ? ….that would have been a hot date night!

— Craig Hopf (@CraigHopf46982) November 15, 2024

Highlighting the potential of XRP to help the country overcome its national debt crisis, many enthusiasts, like Kapetas95, note that the Ripple CEO’s discussion with the US President-elect mainly centered on how XRP could support the country’s economy.   

Discuss what can XRP do for our country and what can our country do for XRP And: generational wealth hence pay off the national debt left behind by the Democrats

— Kapetas95 (@kapetas95) November 15, 2024

Some crypto enthusiasts, like Rise.X.Against, suggest the possibility of Trump creating a XRP national reserve, similar to his Bitcoin reserve plan.   

They looking at how to integrate XRP into the new financial system, how the US Govnt can potentially hold a reserve of XRP, similar to Bitcoin, as Ripple has ties to all the major markets around the world. Etc etc etc etc .

— Rise.X.Against (@gknot1010) November 15, 2024

However, many, like crypto enthusiast Spiritual X, question the authenticity of the revelation made by Good Morning Crypto. 

Still technically not confirmed dude. False headline. It could be or perhaps it’s even likely to be true based on his response but it was not confirmed by CEO Brad Garlinghouse

— Spiritual 𝕏 (@truthcrumbs) November 15, 2024

Also Read :

  Ripple Price Analysis: Can XRP Price Hit $1 With A 15% Surge?

  ,

XRP’s Future Potential 

When people ask me. Do you thinks $XRP can go to $10? The odds are getting stronger.

— Julio (@Jaycronion) November 15, 2024

Many crypto experts, like Julio, express confidence in the future growth of XRP. Julio predicts that the XRP market could reach $10 in the future. 

In the last seven days, the XRP market has seen a surge of 76.8%. Notably, in the last 24 hours alone, it has experienced an impressive rise of 20.5% – significantly higher than BTC’s 4.3%, ETH’s 2.5%, SOL’s 6.3% and BNB’s 1.6%. 

On November 5, the price of XRP was around $0.5053. Since then, it has climbed by approximately 94.25%. 

In conclusion, while the alleged meeting remains unconfirmed, speculation has reignited debates about XRP’s role in the US economy and crypto regulation.  

How High Will XRP Go

XRP is expected to range between $0.512 and $0.792 in 2024, with an average price around $1.07

Can Xrp Reach 1000

XRP is currently priced at $0.953, and reaching $1,000 would require an enormous increase. However, developments in the XRP ecosystem could drive significant price growth in the future

Why Is XRP Pumping

XRP is pumping due to favorable regulatory changes in the U.S., investor optimism, and growing interest in XRP futures, which have contributed to its recent 17% surge.

Despite XRP’s struggles over the last few years, many analysts are confident the digital asset is on the verge of a breakthrough. This bullish sentiment is fueled by several factors, including the resolution of the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), which has significantly hampered its growth, the upcoming Bitcoin halving, and the overall upward trajectory of the crypto market.
Bullish Predictions for XRP
The top analysts in the crypto market are increasingly optimistic about XRP’s future. JAKE (@JakeGagain), a prominent analyst, recently presented his analysis on potential price movements for various cryptocurrencies, focusing on the period leading up to 2025. Notably, XRP was positioned among the top contenders with promising price targets.

JAKE highlights the unique situation surrounding XRP. Unlike many cryptocurrencies that have surpassed their all-time highs in recent bull runs, XRP has failed all attempts to breach its 2018 all-time high due to the ongoing lawsuit with the SEC.
Despite Ripple’s three- consecutive victories over the SEC, XRP has remained subdued. However, the analyst suggests that a victory for Ripple could be a major catalyst for growth. The lawsuit is currently in the remedies phase where both parties are trying to determine the appropriate penalty for Ripple for the alleged violations of securities laws through its institutional sales of XRP.
A minimal penalty will inspire confidence in investors and could boost XRP’s price. Although some fear a massive penalty might negatively affect XRP, a well-respected pro-crypto attorney recently revealed that the penalty might not affect XRP’s chances of reaching a new all-time high in 2024.
While JAKE anticipates a surge in XRP’s price, he believes it might not reach a new all-time high immediately following the Bitcoin halving. Instead, he proposes that the peak of the bull run, particularly if it coincides with a Ripple victory in court, could be the turning point for XRP. JAKE believes a $5 price target for the digital asset is a realistic possibility.
Other Supporting Predictions
JAKE’s forecast aligns with a broader trend of bullish sentiment surrounding XRP. Other analysts have presented similar, yet varied, predictions for the token’s price trajectory. Nick, the founder of Web3Alert, shares a similar optimistic outlook, suggesting a $5 to $10 target for XRP within the current market cycle.
Both analysts believe XRP can reach these targets by 2025, and many others believe XRP can surpass these levels sooner, suggesting an increased bullish sentiment for XRP. Time will tell how quickly XRP can achieve these targets.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RippleXRP

XRPL launches AMM feature, boosting liquidity and passive income opportunities.

Ripple anticipates XRP adoption surge and enhanced ecosystem functionality.

XRP community expects parabolic price increase following AMM activation.

The XRP Ledger (XRPL) is gearing up for a significant milestone as it prepares to activate its Automated Market Maker (AMM) feature on March 21st, 2024. This development holds several implications for the XRP ecosystem.

$XRP The XRPL is expected to activate its Automated Market Maker (AMM) feature tomorrow, March 21st, 2024. This is significant for a few reasons:Increased Liquidity: AMMs allow for decentralized trading of XRP and other assets on the XRP Ledger. This can attract more traders… pic.twitter.com/UkBRh9zeRX

— Max of MaximusCrypto on YT & DPGmaximus on YT (@DPGmaximus) March 21, 2024

Firstly, an increased liquidity is expected. With AMMs facilitating decentralized trading of XRP and other assets, liquidity is expected to surge. This could attract more traders and bolster the overall liquidity of the XRP ecosystem.

Secondly, comes passive income opportunities. In detail, liquidity providers deposit assets into pools, earning rewards from trading fees. This incentivizes holding XRP and network participation, potentially expanding its user base.

Lastly, enhanced functionality will be unlocked. Specifically, AMMs introduce new functionalities to the XRP Ledger, heightening its competitiveness in the blockchain landscape. This may attract developers, fostering a more robust ecosystem around XRP.

A successful launch of the AMM holds promise for Ripple, potentially driving XRP adoption and bolstering its market price. Moreover, it strengthens XRPL’s position as a viable platform for decentralized applications (dApps).

#XRP 6 years consolidation..Imagine another 58000% from the current price.. S/O @CredibleCrypto https://t.co/EPsOdPs4Ab pic.twitter.com/kce10b2RtA

— RIZ.. Vote John Deaton 4 Senate (@RizXRP) March 22, 2024

Meanwhile, the XRP community, famously known as the XRP Army, anticipates a parabolic surge following the AMM launch. Comparisons are drawn to a time when XRP witnessed a 58000% price surge over six years, igniting speculation about similar astronomical gains from the current price.

While optimism abounds, the true impact of XRPL’s AMM feature will unfold over time, influenced by various market dynamics and adoption trends. Presently, the price of XRP stands at 0.63, according to CoinGecko.

Read Also

XRP Ledger’s Automated Market Maker: Will Validators Unite for Activation?

Is XRPL Gearing up for a Major Shift? Ripple CTO Weighs In

XRP Ledger Validator Shows Successful XRP Deployment in AMM Demo

Ripple CTO Unveils Insights into Liquidity Pools Ahead of XRPL AMM Launch

XRP Set for Utility Boost with XRP Ledger’s Upcoming AMM, Ripple Lead Says

The post XRPL to Launch AMM Feature Tomorrow, XRP Bull Run Imminent? appeared first on Crypto News Land.

In the ongoing legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) over the status of XRP, both parties have recently submitted a joint sealing proposal to the United States District Court for the Southern District of New York. 

Structured timeline in Ripple-SEC legal battle

This proposal outlines a structured approach to handling sealing and redaction issues for upcoming remedies-related briefings, demonstrating the commitment of both sides to transparency while recognizing the need for confidentiality in certain instances.

#XRPCommunity #SECGov v. #Ripple #XRP The parties have filed a joint sealing proposal “to govern sealing issues relating to the upcoming remedies-related briefing to be filed in this case.” pic.twitter.com/gaF2DLlWDN

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) March 19, 2024

The structured timeline established for the court proceedings between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) regarding XRP is a pivotal development in the ongoing legal battle. 

By delineating a clear schedule for the submission and public release of court documents, this timeline emphasizes the importance of transparency while also acknowledging the necessity of protecting sensitive information through sealing and redaction.

A detailed overview of the Ripple-SEC legal timeline

Commencing on March 22, 2024, the SEC is slated to file its opening remedies-related brief under seal. This initial step sets the stage for a review period aimed at identifying any sensitive information that warrants redaction before the document’s public release. 

It demonstrates a proactive approach to safeguarding confidential data while laying the groundwork for subsequent proceedings.

March 25, 2024, marks a significant milestone as Ripple and the SEC engage in collaborative efforts to agree upon redactions to the SEC’s opening brief and its supporting materials. The aim is to minimize redactions wherever possible, thereby maximizing public access to information pertinent to the case. 

This collaborative endeavor underscores a commitment to transparency and constructive engagement between the involved parties.

Subsequently, on March 26, 2024, the SEC is expected to file a public, redacted version of its opening brief, incorporating only those redactions that have been agreed upon by both parties. 

This step enhances transparency by ensuring that essential information is accessible to the public while safeguarding sensitive data as deemed necessary.

As the proceedings progress, April 22, 2024, marks Ripple’s anticipated filing of its opposition brief and supporting documents. While these materials will be filed publicly, any confidential information contained therein will be subject to redaction. 

This approach strikes a delicate balance between transparency and confidentiality, reflecting the nuanced nature of the legal proceedings.

Following this, discussions and filings about redactions specific to Ripple’s opposition brief and its supporting documents are slated for April 23-24, 2024. These deliberations serve to address any remaining concerns regarding the protection of sensitive information, further refining the transparency measures adopted throughout the process.

May 6-8, 2024, represent the culmination of scheduled submissions, with the SEC submitting its reply brief under seal. Subsequent discussions and filings will focus on the preparation and release of public, redacted versions of the SEC’s reply brief, ensuring that the public remains informed while safeguarding sensitive data.

Finally, from May 13-20, 2024, the focus will shift towards the filing of omnibus letter motions to seal materials related to the remedies-related briefing. This will be followed by letter briefs in opposition to sealing motions, fostering a discourse on the necessity and extent of sealing certain documents and information.

Transparency and confidentiality in the XRP legal battle

This structured timeline demonstrates the parties’ commitment to transparency throughout the legal proceedings concerning XRP. By establishing clear guidelines for sealing and redaction, the joint sealing proposal aims to balance the public’s right to information with the protection of sensitive commercial and legal data.

Bill Morgan, a keen observer from the XRP community, highlights an important aspect of the case. Despite the SEC‘s motion ordering disclosure of Ripple’s post-complaint contracts with institutions, the disclosure is subject to a protective order, meaning it remains accessible only to the SEC. 

Morgan points out the likelihood of Ripple seeking redaction and sealing of commercially sensitive material in the SEC’s brief and reply brief.

As the XRP lawsuit progresses, the joint sealing proposal and structured timeline offer a framework for transparent legal proceedings while addressing the need for confidentiality. While the parties strive for openness, the presence of protective orders underscores the sensitivity of certain information involved in the case. 

As stakeholders eagerly await further developments, adherence to a transparent and structured approach ensures that essential information is accessible while safeguarding confidential data.