XRP rides the wave of Bitcoin halving, sprinting towards key timelines of $8.1 and $11!
Based on historical trends of Bitcoin halving, predictions are made for the price peak of XRP in this cycle.
After reaching a new 7-year high of $2.9 on December 3, XRP has recently seen a pullback. The asset has dropped 18.74% in the past three days, with part of the decline due to Bitcoin retreating from the $100,000 level.
XRP's market journey is not over yet. By observing the cyclical behavior of XRP related to Bitcoin halving events, it is predicted that the cycle peak will reach $11.
The initial uptrend of XRP and subsequent correction
In the past two cycles, XRP saw a significant rise approximately 224 days after halving. In the current cycle, XRP started to rise after 204 days, about 20 days earlier than expected, reaching a peak of $2.9 on December 3.
After an initial parabolic rise, XRP entered a correction phase, which has lasted from December 3 to the present, pushing XRP down to the lower end of the $2 range.
Referencing historical price behavior, it is predicted that XRP could pull back to $1.39 during the correction, laying the groundwork for the next rise. The support area at $1.39 could serve as a starting point for further growth.
The second rebound target is $8.10
After a continuous pullback, XRP may start a new round of rebound, targeting a breakout above $8.1 by the end of February 2025, similar to the bull market of 2017. This rebound will coincide with XRP's interaction with a six-year white trend line, which is a key resistance point that could propel the asset to new heights.
If XRP reaches the $8.1 target, its market cap will soar to $461.7 billion, marking a new valuation peak. Ethereum reached a market cap of $548 billion during its previous peak, indicating that XRP's valuation is feasible.
After hitting the $8.1 peak, XRP will enter a broad consolidation phase, which may last for several months. About 200 days after the consolidation begins, XRP may experience a final rise, potentially reaching $11 by mid-October 2025, becoming the highest price of the current cycle.
At this price point, XRP's market cap will approach $627 billion. Achieving this level will depend on several market conditions. As of the time of writing, XRP is trading at $2.39, up 6.61% this morning, attempting to recover some of the recent losses.
#Binance to list ACX, ORCA #比特币回升至97K #瑞波

Recently, Ripple's trend is stronger than most coins. It has started to move independently, with 4 consecutive positive daily lines. Yesterday, it bucked the trend and rose by 5%. Its MACD is expected to form a second zero-up golden cross, with an air refueling trend. It will subsequently hit the previous high of 0.75. If it can pull back to around 0.6 in the short term, you can buy the bottom spot #瑞波 #XRP

Just do it. If we reconcile, it won't be doubled. #瑞波 #xrp #BTC🔥🔥🔥🔥🔥🔥 #ETH（以太坊）

XRP, short from 0.62 to 0.56, all profits are taken, no more, no less, just a 10% drop

Eat well, don't worry about the huge positive news from the SEC, just short it when the market diverges

#xrp #SEC #瑞波 $XRP

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March 11/Bitcoin’s sprint gives the market huge confidence, and the altcoin plunge will be a huge opportunity
#认知社 #瑞波 skyrocketed ~ another lurking coin

Potential long opportunity on XRP daily timeframe
#内容挖矿 #TradeNTell #xrp #XRP/USDT #瑞波

Pull the volume distribution and Fibonacci from the high, the POC perfectly overlaps with 0.382 at around 0.6225, and the previous low before the pin overlaps with the VAL at around 0.481. The MACD downside momentum is weakening and has shown signs of turning.

If the price breaks down briefly and recovers, you can build a long position, and the first target is 0.6225. If the price continues to rise, there will be a Gartley expectation, with a target of 0.845, and then short it.

If the downside momentum is strong, it hits the POC of the consolidation zone below, around 0.376, and rebounds and stands back at 0.408, you can enter a long order on the right side, and there is a potential Shark expectation. The first target is still the POC above 0.6225, and the second target is around 1.035, which also happens to be an important previous high with a lot of liquidity. Similarly, if the price reaches here, you can take profit on the long and open a short position.

I don't like to stare at the盘, and I prefer left-hand trading strategies. Trading strategies are time-sensitive, and all statements do not constitute any investment advice. Good luck to you all~

Raising the Standards for Stablecoins: Ripple USD Launches Globally with Unmatched Utility, Experience, and Compliance

Leading financial institution digital asset infrastructure provider Ripple today announced that Ripple USD (RLUSD) will begin trading on global exchanges tomorrow (December 17, 2024). RLUSD is an enterprise-grade, USD-pegged stablecoin created with trust, utility, and compliance at its core, backed by Ripple's years of experience in cryptocurrency and existing financial systems.

RLUSD will initially be available on Uphold, Bitso, MoonPay, Archax, and CoinMENA, with plans to list on platforms like Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash in the coming weeks. Each RLUSD token is fully backed by USD deposits, U.S. government bonds, and cash equivalents, designed to ensure its stability, reliability, and liquidity. To maintain the highest transparency standards, Ripple will publish monthly third-party attestations of RLUSD reserve assets conducted by independent auditing firms.

Ripple CEO Brad Garlinghouse stated, "Ripple made an early decision to launch our stablecoin under the NYDFS limited-purpose trust company charter, which is widely regarded as the gold standard for regulatory frameworks globally. As the U.S. moves towards clearer regulatory guidance, we expect stablecoins like RLUSD to see broader adoption, as they offer genuine utility and are backed by years of trust and expertise in the industry."

#瑞波 #RippleRLUSD $XRP
$BNB