Bulls keep controlling the situation on the crypto market, according to CoinMarketCap.

Top coins by CoinMarketCapXRP/USD

The price of XRP has increased by 0.7% over the last day.

Image by TradingView

On the hourly chart, the rate of XRP has broken the local resistance level of $0.5450. 

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If buyers can hold the initiative and the bar closes far from that mark, the upward move is likely to continue to the $0.56 range.

Image by TradingView

On the daily time frame, the price of XRP is again testing the $0.5524 level. If the candle closes around it or above, the energy might be enough for a test of the $0.56-$0.57 area until the end of the week.

Image by TradingView

From the midterm point of view, XRP is not ready yet for sharp moves. As neither buyers nor bears have seized the initiative yet, ongoing sideways trading in the zone of $0.53-$057 is the more likely scenario.

XRP is trading at $0.5487 at press time.

Ripple (XRP) has been making headlines for its latest development. The firm announced it will be launching its very own stablecoin called RLUSD. This asset leverages XRP and has been under wraps.
The firm began working on it in April. This news barely had any impact on XRP as the asset continued trading at the $0.54 range, with a drop of over 0.82% throughout the past 24 hours.
Ripple’s Decade-Long Performance And Future Potential

Despite its current price drop, it should be noted that the altcoin has witnessed a fairly positive decade. XRP dipped to an all-time low of $0.002802 back in 2014. Ever since, the asset has surged by 19107.63%.
Diving deeper, XRP has had a remarkable 10,300% price gain from the end of August 2013 when it was trading at $0.005. This is about a year post its launch when the asset slowly began to boom.
This further highlights the impeccable growth rate of XRP even though it was hit with several hurdles along the way.
Looking Back At XRP A Decade Ago
According to data, about ten years ago, in October 2014, XRP was trading at around $0.0065. An investment of $100 would have garnered a total of 16,667 XRP. Taking the asset’s current price into consideration, the same investment would have turned into a staggering $9,166. This rise would have brought the investor a profit of 9,066.67% over the course of ten years.
Sadly, XRP’s price has been moving sideways for a while now. The asset continues to trade 85% below its peak of $3.84. The altcoin hit this level back in 2018 which was about seven years ago. While the asset may be at a low point right now, a dainty investment could turn into something profitable in the future.
⚠️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.
#XRP #Ripple

As has just been announced, XRP, the seventh largest cryptocurrency in the world, has officially become available for direct purchase, storage and management within MoonPay. 

For those who may not know, Moonpay is a financial technology company and app of the same name that provides a payment infrastructure for cryptocurrencies and NFTs to be bought and sold directly with fiat currencies, using methods such as Apple Pay, Google Pay and various bank cards.

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Some of you may remember that three years ago, every celebrity, like Future or Eminem, was getting into NFTs and crypto, primarily through Bored Ape Yacht Club profile pictures. That craze was largely driven by MoonPay, as those endorsements were partially paid for by the on- and off-chain ramp service provider. 

ATTEN-HUT! 🫡XRP ARMY ROLL CALL! 📢In partnership with @Ripple, you can now buy, store, and manage your $XRP directly within your MoonPay account.Whether you're a new recruit or a loyal soldier, welcome home. pic.twitter.com/6kWvego7g1

— MoonPay 🟣 (@moonpay) October 16, 2024

Basically, integration there can be compared to being listed on Coinbase, but it is a "crypto for fiat" app.

Why XRP?

This question is not really a question, if we are being honest, because ever since the cryptocurrency achieved its nonsecurity status due to last year's verdict in the SEC v. Ripple lawsuit, such an integration was only a matter of time. 

However, things accelerated quickly when it was announced that MoonPay will be one of the first exchanges and platforms to integrate Ripple USD (RLUSD) - an upcoming new stablecoin from Ripple that will be pegged to the U.S. dollar.

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The stablecoin will operate on two networks: XRP Ledger (XRPL) and Ethereum. That is why the addition of XRP to MoonPay's services is not that surprising but is still a significant development for the popular cryptocurrency. 

While the exact date of the RLUSD launch remains unknown, the events of the past few days continue to excite enthusiasts.

In recent weeks, Ripple’s legal battles with the SEC have left investors anxious about the future of the XRP price, with many seeking refuge in emerging opportunities. 

One such opportunity is the RCO Finance (RCOF) token, which is currently in its presale stage. With its innovative AI-powered platform and promising tokenomics, RCOF is poised for explosive growth, attracting investors looking to safeguard their assets while pursuing substantial returns.

XRP price prediction turn bearish amid the legal turmoil

Ripple (XRP) has been on a tumultuous journey since the SEC labeled it a security. As of the latest updates, XRP’s price is $0.5385, a 0.29% increase in the last 24 hours. 

Despite its efforts to rebound, XRP is currently down 83.78% from its all-time high of $3.32, achieved nearly seven years ago. Technical indicators suggest a bearish sentiment in the short term, with the first resistance level at $0.5404 and crucial support at $0.4767. 

If XRP can’t break above $0.5404, it risks falling even further. The 14-day RSI is at 26.18, indicating oversold conditions, which could hint at a possible upward movement. 

However, XRP’s fate hangs in the balance as legal challenges persist, leading to uncertainty for investors. 

This volatility has pushed many to seek alternative investments that promise stability and growth potential.

The New XRP Rival Offering a Safe Haven for Investors

In light of Ripple’s ongoing uncertainty, investors are turning to RCO Finance (RCOF) as a promising alternative. 

The RCOF token is in its second presale stage, witnessing a remarkable 169% surge to $0.0344 from its initial price. The token’s upward trajectory indicates its potential for further gains, especially as the next presale stage will push the price to $0.05588.

What makes RCOF particularly enticing is its projected growth, which could see it rise over 1,644% through the remaining presale stages, eventually reaching an expected listing price between $0.4 and $0.6. 

Such price surges hint at significant potential returns for early investors, especially as RCO Finance (RCOF) gears up for the launch of its native platform. With a focus on innovation and accessibility, RCO Finance offers investors a unique opportunity to multiply their investments in a relatively short time frame.

Investors Poised to Reap Big As RCO Finance Platform Grows

The success of the RCOF token is intrinsically linked to the growth of the RCO Finance platform, a revolutionary decentralized trading ecosystem powered by artificial intelligence. 

RCO Finance aims to democratize access to sophisticated investment strategies, making it accessible to novice and seasoned investors. Central to this platform is the AI-powered Robo Advisor, which crafts personalized investment strategies based on individual financial goals, risk tolerance, and market conditions. 

This feature allows users to access institutional-level strategies without needing extensive financial expertise.

Furthermore, RCO Finance boasts an impressive catalog of over 120,000 tradable assets across various asset classes, including traditional investments and tokenized real-world assets (RWAs). 

The platform’s ability to tokenize assets offers investors a chance to engage in previously illiquid markets, enhancing the overall investment experience. 

Additionally, RCO Finance employs an audited smart contract, ensuring security and trust for its users. 

With real-time market predictions driven by machine learning, RCO Finance positions itself as a forward-thinking solution in the evolving financial landscape. Once it officially launches, it is poised for significant growth. 

As the platform grows in leaps and bounds, its native token, RCOF, is also projected to soar by as much as 4,000% within the first few weeks of its launch.

RCO Finance vs. Ripple: Which is The Better Investment?

When comparing Ripple (XRP) and RCO Finance (RCOF) as investment options, RCOF emerges as the more attractive alternative. 

XRP’s future remains uncertain amid legal challenges, while RCOF is part of a robust ecosystem encompassing a wide range of use cases, increasing its long-term value. 

The ongoing hype surrounding AI-powered projects could further bolster RCO Finance’s growth, potentially leading to an astronomical rise in the RCOF token’s value.

RCO Finance’s tokenomics support its sustainable growth. 50% of the tokens are allocated for public sale to ensure fair distribution and community involvement. Additionally, 12% of tokens are locked for three years to prevent liquidity issues and promote stability.

With tier-based rewards and opportunities for staking, RCOF incentivizes long-term engagement among its holders. These elements create a compelling case for RCOF as a superior investment choice compared to Ripple, especially for those looking for opportunities in a dynamic market environment.

While Ripple (XRP) grapples with legal uncertainties, the promising RCO Finance (RCOF) token offers a viable investment alternative. 

With a well-structured presale and a groundbreaking platform poised for substantial growth, RCOF presents an attractive opportunity for investors seeking significant returns in the evolving digital finance landscape.

For more information about the RCO Finance Presale:Visit RCO Finance PresaleJoin The RCO Finance Community

The post Ripple News: Pro-XRP Lawyer Says SEC Will Lose if It Challenges XRP’s Non-Security Status appeared first on Coinpedia Fintech News

The SEC’s ongoing legal battle with Ripple could negatively impact the price of XRP. The appeals process is expected to be lengthy, with both Ripple and the SEC gearing up for detailed arguments.

Recently, Fox Business journalist Eleanor Terrett shared excerpts from her conversation with Ripple’s Chief Legal Officer, Stuart Alderoty, on the ongoing Ripple-SEC case and the appeal process. Terrett outlined the expected timeline and steps:

SEC’s Appeal Timeline: The SEC’s final day to file Form C, detailing its appeal plan, is tomorrow. This form will provide initial details into the SEC’s appeal strategy.

Ripple’s Cross-Appeal: Seven days after the SEC’s filing, Ripple will submit its own Form C, laying out details of its cross-appeal.

Briefing Schedule: Both parties will then agree on a briefing schedule. The SEC is expected to take the full 90 days allowed for its initial brief, which will present an outline of its legal arguments. Ripple will then file its response and a brief.

Timeline for Completion: Alderoty expects the full briefing process to extend through July 2025.

Pro-XRP lawyer Fred Rispoli added clarity on the SEC’s anticipated appeal points, stating they will likely argue that Judge Torres was mistaken in her rulings on “Programmatic Sales,” “Other Distributions,” the refusal of a disgorgement order, and the “too low” $125 million penalty. The SEC might also challenge the finding that XRP itself is not a security, though it’s unlikely to win on this point.

Reacting to Fred’s tweet, former SEC lawyer Marc Fagel wrote, “Totally agree; but Crypto Twitter is abuzz as if there’s some big secret here. (I personally don’t think they argue XRP is itself a mystery; at most, the brief may argue that it’s not something that needs to be decided for liability to attach, which is surely accurate.)”

XRP’s price action remains in focus, particularly following the conclusion of the Ripple vs. SEC legal battle and the introduction of the Grayscale trust. These positive shifts have generated optimism within the crypto community, especially among XRP enthusiasts, who are now eyeing an imminent price surge.

Currently, XRP is trading around $0.5476, reflecting a 1.39% increase over the past day. Despite this upward move, trading volume has dropped by 14.60%, indicating a possible market cooldown.

Analysts suggest that XRP could experience further gains, especially if it breaks through key resistance levels. However, with the dynamic nature of the crypto market, attention is shifting to emerging tokens like UNITS, which could potentially steal the spotlight and deliver even greater returns. Could a 100x rally be on the horizon? Let’s dive in.

Current XRP Price Trends and Technical Outlook

XRP has maintained a narrow trading range, reflecting mixed sentiment among investors. After reaching a high of $0.554, the price retraced slightly to its current level of $0.5476. Despite this small pullback, XRP is holding above its immediate support at $0.545.

If selling pressure mounts, this support level could come under further tests. However, stronger support exists near $0.540, a level that has previously triggered buying interest.

On the resistance side, XRP faces challenges at $0.550. Should it break through, the price could aim for $0.554, a key level for initiating further bullish momentum. Despite the recent price increase, the 14.60% drop in trading volume suggests a cooling-off period in market activity.

UNITS Token: Disrupting Real-World Asset Investments

As XRP battles resistance, UNITS is emerging as a promising player in the tokenization of real-world assets (RWA). Through NFTs, UNITS allows investors to access fractional ownership of high-value assets such as luxury collectibles, fine art, and real estate.

By breaking down traditional barriers, UNITS offers a broader range of investors’ entry into these asset classes. Using blockchain technology, UNITS ensures secure, cost-effective, and seamless ownership transfers.

Additionally, UNITS employs deflationary tokenomics, where a portion of income from rental or sales activities is allocated to token burns, reducing supply and potentially boosting the token’s long-term value.

Could UNITS Deliver a 100x Surge?

The UNITS platform is projected to offer strong annual returns between 11% and 12%, with the launch of 16 high-value properties, creating potential earnings for early investors.

Combined with its deflationary model, which reduces supply and increases scarcity over time, UNITS holds potential for significant value appreciation. Could it surpass XRP’s growth and deliver a 100x rally? The crypto world is watching closely as investors look for the next big opportunity.

For more information or to register for the token sale, visit the UNITS website’s sale page.

Media Links

UNITS Sale: https://www.unitstoken.io/sale

Twitter/X: https://x.com/UnitsToken

Telegram: https://t.me/UNITStoken

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post XRP Price Targets Bullish Breakout, UNITS Poised for a Potential 100x Rally appeared first on CaptainAltcoin.

The recent publication by the Central Bank of Russia titled “Digitalization of Payments and Implementation of Innovations in the Payment Market (2024)” has garnered significant attention within the global financial community, particularly due to its mention of Ripple’s cross-border payment system.
This development has sparked discussions on various social media platforms, including a tweet by Edo Farina, the CEO of Alpha Lions Academy. Farina’s tweet points out the acknowledgment of Ripple and its associated token, XRP, within the Russian central bank’s document.

The paper outlines advancements in cross-border money transfers, and Ripple’s solution takes center stage, leveraging distributed ledger technology (DLT). This acknowledgment of Ripple, a company that has pioneered digital payments through blockchain, showcases its potential role in the future of global financial systems.
The document provides a diagram that explains how Ripple’s system works, detailing the transfer of tokens through DLT networks and their conversion into local currencies, facilitating seamless international payments. This method aligns with Russia’s broader goals of integrating digital innovations into its financial infrastructure.
XRP’s Role in Global Payments: Insights from Janus the Watcher
Farina’s tweet, while highlighting the importance of Ripple in this context, also sparked conversations about the potential of XRP in international settlements.
In response, an X user named Janus the Watcher pointed out that while the document does recognize Ripple’s system and mentions XRP, Automated Market Makers (AMMs), price oracles, and even Ripple’s smart contract platform Codius, it does not necessarily confirm that Russia or the BRICS nations will settle international transactions using XRP in the near future.
Janus’s response reflects a cautious interpretation, acknowledging Ripple’s technology but emphasizing the absence of any definitive decision on using XRP for cross-border settlements by Russia or other BRICS countries.
The attached document extracts shared by Farina and Janus add depth to the conversation. In one of the images, the diagram clearly illustrates the process of converting fiat currencies into internal tokens, transferring these tokens via Ripple’s DLT network, and finally converting them into the recipient’s currency.
This process highlights Ripple’s ability to streamline and expedite cross-border payments, offering significant cost savings and efficiency improvements.
The Future of Ripple in the Global Financial Ecosystem
The Russian Central Bank document discusses the broader potential of distributed ledger networks and smart contracts. Smart contracts, which are self-executing contracts with terms embedded in code, can automate complex financial transactions, including cross-border settlements.
Ripple’s use of smart contracts, as well as the development of tools like Codius, positions it as a leader in the digital payments space. The paper also references asset tokenization and the potential for financial instruments to be traded on decentralized platforms, further underlining the technological shifts happening in the global financial market.
The implications of this acknowledgment are significant for Ripple and XRP. While the document does not explicitly state that Russia or BRICS nations will adopt XRP for international settlements, the mere mention of Ripple’s technology by a major central bank underscores its relevance in the evolving digital payment landscape.
⚠️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.
#XRP #Ripple

A bet that could be played for #XRP , which could not make the expected breakout amid bullish predictions, has been put forward.
Tim McCourt, senior managing director of CME Group, clarified whether $XRP 's spot ETF would be launched. McCourt reported that the first big step for XRP had been taken and that more developments could come to the fore soon.
McCourt said: “We have an XRP reference rate and a real-time calendar, which is the first step in creating the ecosystem. We have over 50 real-time prices and reference rates. That data is very important for product providers like Bitwise, at least they have access to a completely clean benchmark.”
McCourt, who claimed that the index would open the doors to a potential XRP ETF, did not mention the legal battle between the SEC and Ripple.
Will XRP become institutional?
After the launch of the spot Bitcoin and Ether ETFs, the eyes turned to altcoins. Investors expect XRP and Solana ETFs to have a positive impact on the crypto market.
Speaking at Ripple Swell 2024, Tim McCourt reported that an important step has been taken for the launch of the spot XRP ETF. The statements in question came after Canary Capital applied for the XRP ETF for the second time. Canary became the second provider to finance the XRP ETF after Bitwise Asset Management.
Spot ETFs enable the crypto market to communicate with institutions. The funds in question attract more investors to the sector.
McCourt stated that the launch of the ETFs has been accelerated. The manager noted: “Some of the highest open interest and volumes occurred with the launch of the ETFs. These are coincidental.”
XRP has performed below expectations despite the spot ETF rumors. The XRP price has increased by nearly 10 times since the year.
#altcoins #XRPUSDT

Good news for XRP holders as the price moves higher.

Key Support levels: $0.54

Key Resistance levels: $0.60, $0.68

1. Price Reclaims Key Level

After some hesitation, buyers managed to push XRP back above the 54 cents level, which is now acting as key support again. As long as the price holds above this key level, XRP has a clear way to move higher and challenge the resistance at 60 cents next.

Chart by TradingView 2. Buy Volume Remains Low

Even if buyers managed to score a victory this week, the volume does not show high conviction. Since the price drop in late September, buy volume has been weak. If XRP hopes to challenge the 60 cents level in the future, bulls have to step up.

Chart by TradingView 3. MACD Bullish Cross on Daily

The daily MACD brings good news after a bullish cross. This signals that momentum is shifting to the buy side and could be just the start of a sustained rally. It is still early, but this is promising. A test of the resistance at 60 cents would likely put buyers back in control of the price.

Chart by TradingView

The post Ripple (XRP) Price Prediction for This Week appeared first on CryptoPotato.

Ripple XRP holders, get ready for some exciting developments on the horizon. Recent updates indicate that XRP could see a significant rise, with analysts predicting a potential 30% surge in October. However, this optimism is tempered by the ongoing SEC legal battle, which still introduces some uncertainty.

Ripple has been making impressive strides, particularly in expanding its payment services across the globe, with a strong focus on the UAE. This expansion has the potential to strengthen confidence in XRP and its underlying blockchain technology. A key milestone is Ripple’s recent approval for financial services in Dubai, further solidifying trust in its platform, which could help stabilize XRP’s price during market fluctuations.

Adding to the bullish sentiment, Bitwise has filed for an XRP-based Exchange Traded Product (ETP), which could bring increased institutional investment to the token. Despite the lingering SEC appeal over Ripple's previous court victory, many experts believe Ripple is well-positioned to come out on top, which would be a huge boost for XRP.

The future looks bright for XRP. Are you prepared for what’s next? Share your thoughts in the comments!

#XRP #Ripple #CryptoNews #XRPcommunity #CryptoInvesting

Decentralized finance is one of the fastest-growing aspects of cryptocurrency, as the projects offer the most real-world use cases in the crypto-verse. Ripple (XRP), for one, facilitates cross-border transactions, while BNB offers centralized exchange services along with NFTs and derivatives.

Both tokens have had a hard time in the past two weeks, as the Ripple project seems stuck with the SEC in court, and BNB is losing its investors. Traders are always out for profits, and this time, they are off to a new DeFi token for unprecedented gains.

Ripple CEO Fires Out at the US SEC

The Securities and Exchange Commission (SEC) has been the public enemy number one for many crypto tokens in the crypto-verse in the current US administration. Under the chairperson, Gary Gensler, its regulatory reach has frustrated a lot of crypto tokens, but there’s scarcely a project that has dragged it on with an agency like Ripple.

The US SEC recently filed an appeal against the court ruling in August 2024 that cleared Ripple from the ‘security’ status. The filing has caused a cross-appeal from Ripple, and a case that was approaching resolution is getting drawn on again. 

Ripple’s co-founder recently lashed out at the SEC for attempting to overstep its jurisdiction by regulating Ripple Futures trade on the Bitnomial Exchange. It’s been a frustrating three years for Ripple, as the token has not made it past the $0.60 range in that time. 

The XRP token is worth $0.5452 now, picking up a bullish trend as the market readies for a rally. XRP is still 7.51% down on the monthly trends, but it’s 2.83% up on the weekly charts.

BNB Experiences Drop in DApp Volume

The DApp section on BNB was once a hub for almost every crypto trader, as it offered services that covered a trader’s every need. The narrative has changed lately, though, as the network fees reports indicate a drop in DApp volume.

BNB still has the most DApps of all crypto projects, numbering about 5510 on its network. Ethereum follows closely with about 4,787, but a significantly higher volume, about $10.79 billion, against BNB’s $6.92 billion.

The latest from BNB network fees shows that the blockchain closed last week with the lowest network fees in over four years. There’s been a 25% drop in DApp usage, and it’s only some time before it affects the BNB price. For now, BNB trades at $583.29, accumulating 3.25% profits in the past seven days.

The DeFi sector is switching up with a new flux of projects; if you’re wondering where the BNB traffic is going, DTX Exchange is a good guess.

DTX Exchange: Community Meets Opportunity in DeFi

The new DTX Exchange is fast becoming a rival in the DeFi space, even to established tokens like BNB and Ripple. While the project offers a truly hybrid, comfortable trading environment for crypto users, DTX’s main attraction for beginner users is its community framework for their development.

The beginner traders are thrust into the trading environment headfirst, but not until they’ve paired with pro traders who will act as mentors.

On DTX Exchange, the newbies learn the skills through copy trading and social trading features that allow them to directly copy their ‘mentors.’ They execute the same trades and learn the principles of trading even better by doing it themselves.

The result is that beginners become familiar with trading without the burden of tutorial videos or virtual academies. And when they’re done learning the ropes, DTX has the Black Club ready for them.

The DTX Black Club is where the elite traders will get their bonuses from. The minimum requirement is to hold up to $10,000 in your trading wallet, and you’re in. The daily and weekly bonuses and rakebacks get even better with your trading wallet balance. 

The DTX Presale Sets Ripple and BNB on Edge

The new DTX token is set to be the next crypto sensation, much like Sui was a sleeper hit this past year.

While XRP and BNB struggle, it’s a perfect time for DTX Exchange to sweep traders’ hearts. The project is doing just that, as investors have identified the prospective influx of traders as a sign of bullish tendencies for the DTX token.

Experts are tipping the coin to reach the $1 mark after launch, but the gains start even from the presale. The presale is already in Stage 4, and each token is worth $0.08. Analysts have predicted the launch price to be about $0.12, which implies a 50% ROI for investors who join at this stage.

Learn more: 

Buy Presale

Visit DTX Website

Join The DTX Community 

The post XRP And BNB Face A New Rival; Experts Predict Price Surge From $0.08 To $1 On The New Coin appeared first on TheCoinrise.com.

EGRAG CRYPTO (@egragcrypto), a prominent crypto analyst on X, recently employed standard deviation bands to forecast potential price movements for XRP. His analysis, based on Linear Regression, revealed promising growth prospects for the digital asset.
According to EGRAG CRYPTO’s analysis, XRP trades near the lower boundary of the -1 standard deviation band. This positioning indicates an oversold condition, suggesting price correction may be imminent. In financial markets, assets trading at these levels often experience a rebound as prices tend to revert to their mean values.
Short-Term Projections
The mean reversion target for XRP in the immediate future is approximately $1.85. This figure represents the midpoint of the regression channel and signifies a substantial increase from the asset’s current valuation.
Investors may anticipate this as the initial price adjustment as XRP moves away from its oversold status. Notably, another well-respected analyst recently set a $1.88 target for the digital asset.
Standard Deviation-Based Price Targets
EGRAG CRYPTO’s analysis identifies several key price levels based on standard deviation bands. The +1 standard deviation level, indicating an overbought region, is projected at $5.76 in the near term.
Over the coming months, the mean reversion target could reach $2.4, potentially increasing to $3 within a year. The upper standard deviation band is expected to rise to $7.31 in the medium term and $9.3 in 12 months.
Long-Term Scenarios
The analyst presents two models for potential price movements beyond the standard deviation bands, based on historical data from previous XRP price cycles.
The first scenario is a 180% overshoot. In this optimistic projection, the digital asset’s price could hit $16 in the immediate term, with a six-month target of $21 and a one-year target of $27.
The second scenario is a 110% overshoot with an immediate term surge to $12, a six-month target of $26, and a one-year target of $20. Although these are less optimistic projections, they would still send XRP to levels never seen before.
With many in the community worried about XRP’s future due to the recent appeal by the U.S. Securities and Exchange Commission (SEC), EGRAG CRYPTO’s projections provide hope for the digital asset, suggesting it will weather the storm and come out strong.
⚠️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.
#XRP #Ripple

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Missing early investments in crypto can sting, but new opportunities like XYZ, a unique meme coin, offer potential for growth.

Table of Contents

Score Big with XYZ: The new meme coin heavyweight

Own the field, earn while the crowd plays

Missed meme coin supercycle? ​

Rallying the community, securing the win

Jupiter

XRP

Solana

Cardano

Conclusion

Missing out on early investments can be disheartening, especially when assets like Ethereum have skyrocketed from modest beginnings. Yet, the dynamic crypto market continuously offers new opportunities for those eager to find the next breakout success. Several altcoins are emerging with the potential to deliver substantial growth. 

XYZ stands out as a unique meme coin merging sports enthusiasm with crypto, offering early adopters a chance to engage in a community-driven ecosystem geared for significant growth.

Score Big with XYZ: The new meme coin heavyweight

The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring 99,900% growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake.

Own the field, earn while the crowd plays

XYZ is creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of sports fans ready to join the action.

Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win, letting its holders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption.

Missed meme coin supercycle? ​

By capitalizing on the ever-expanding meme coin niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by 99,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure a spot – currently undervalued, XYZ is going the distance to break new records!

You might also like: XYZ meme coin turns sports hype into 99,900% gains

Rallying the community, securing the win

XYZVerse will likely be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community. 

Jupiter

Jupiter (JUP) is making waves in decentralized finance. As the top DEX aggregator on the Solana blockchain, it unites resources to make token swaps, futures, and stablecoin management more efficient. Originally focused on pooling liquidity for token swaps, Jupiter now offers perpetual futures similar to GMX. It’s also launching its own decentralized stablecoin to reduce custodial and regulatory risks.

The buzz is growing for the JUP airdrop on January 31, 2024. Early adopters and active users will share one billion JUP tokens across nearly 955,000 wallets. This move rewards loyalty and boosts Jupiter’s role in Solana’s ecosystem. With governance powered by the JUP token, Jupiter’s innovative approach stands out. In a market seeking efficiency and innovation, JUP looks attractive. Its expansion and user rewards position it well against other coins in the evolving crypto world.

XRP

XRP is a digital currency designed to make global payments seamless and efficient. Supported by the XRP Ledger, it enables fast and low-cost transactions without the need for a central authority. This means transactions are secure, irreversible, and open to everyone—even without a bank account. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP began with 100 billion coins, with 80 billion gifted to Ripple to boost development. Ripple, once known as OpenCoin Inc., uses XRP to enhance network liquidity and make transferring money across different currencies effortless.

In today’s market, XRP holds promising potential. Its technology allows for quicker settlements compared to other cryptocurrencies like Bitcoin, which can be slower and more costly. Ripple’s strategy of placing 55 billion XRP in escrow helps control the supply and support the ecosystem. As the world seeks faster and cheaper ways to move money, XRP’s focus on bridging various currencies makes it stand out. This positions it as an attractive option for both financial institutions and everyday users looking for efficient cross-border payment solutions.

Solana

Solana (SOL) is a blockchain platform that aims to be faster and more scalable than its rivals like Ethereum and Cardano. It provides a foundation for decentralized apps, or dapps. What sets Solana apart is its design focused on speed and flexibility. Developers can build on Solana using several programming languages, making it more accessible. The core of its ecosystem is the SOL coin, which powers transactions, runs custom programs, and rewards those who support the network.

The SOL coin is valuable because it keeps the Solana ecosystem running smoothly. It rewards participants and gives users access to a variety of projects on the platform. Unlike some other blockchains, Solana doesn’t use sharding or second-layer solutions to scale. Instead, it aims for a high-capacity network that can handle a lot of activity. This approach could attract both developers and investors looking for a fast and efficient blockchain. In the current market, with increasing interest in scalable solutions, SOL looks promising compared to other coins.

Cardano

Cardano (ADA) is a big name in the world of cryptocurrencies. It’s a flexible, sustainable blockchain platform designed for smart contracts. This helps developers build apps for decentralized finance, crypto tokens, and games. Its own cryptocurrency, ADA, is like Ethereum’s ETH. People can use ADA to store value, make payments, and invest in the Cardano network.

Cardano stands out for its focus on the environment. It uses Ouroboros, a proof-of-stake system that saves energy, unlike many cryptocurrencies that use a lot of power. The blockchain is split into two layers: one for transactions and one for smart contracts. This design could allow up to a million transactions per second. With the introduction of Cardano native tokens in March 2021, interacting with smart contracts became more secure and cheaper. This sets a new standard for blockchain efficiency and scalability. As sustainability becomes more important, Cardano’s approach may gain attention. Its efficient technology and high transaction speeds set it apart from other cryptocurrencies. ADA could play a big role in the future of digital finance.

Conclusion

Although JUP, XRP, SOL, and ADA are strong, XYZVerse‘s sports-meme blend targeting 20,000% growth offers early adopters a unique opportunity in the 2024 bull market.

For more information, visit the XYZVerse website or follow the project on X and Telegram for the latest updates.

Read more: Top cheap altcoins worth investors’ attention this week

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

XRP is priced around $0.54602946, with a market capitalization close to $30.93 billion and a trading volume exceeding $1.11 billion.…

For the full story, head over to TheCurrencyAnalytics.com.

This particular token lets BRICS nations resolve charges quickly without relying on slow bank systems.  

Ripple’s tech allows secure and fast cross-border transactions between global currencies.  

XRP offers a neutral option for global payments, free from political control and influence. 

The BRICS nations—Brazil, Russia, India, China, and South Africa—are integrating XRP into their mBridge undertaking. This task aims to improve cross-border payments using digital currencies. Ripple’s technology is essential for making transactions faster and more efficient. XRP allows smooth currency exchanges between countries like the U.S., Eurozone, and China.

Ripple Technology Improves International Payments

Ripple’s technology is crucial for the BRICS mBridge project. It helps countries make costs quickly without using traditional banks. This saves time and money for financial institutions. They no longer need to rely on outdated systems that are often slow.

https://twitter.com/VersanAljarrah/status/1846332262692041143

Ripple’s system verifies reimbursements instantly. This cuts down delays and increases security. Countries are now looking at XRP for settling international payments. Ripple allows different currencies to work together, which makes global payments more efficient.

XRP Provides Political Neutrality in Transactions

XRP’s impartiality is a big advantage for BRICS countries. Unlike national currencies like the U.S. dollar, XRP is not controlled by any country. This makes it attractive for nations looking to avoid political issues. 

By using XRP, BRICS nations can make payments without worrying about sanctions or economic pressures. Ripple’s technology ensures that XRP can be used for international transactions without interference. XRP is also protected from currency manipulation since it operates independently from any government.

Ripple Makes Financial Systems Easier

Ripple’s platform also helps financial institutions make secure transactions. They can use automated contracts to complete payments. This increases trust between parties by making payments more reliable.

The token is used to exchange currencies between BRICS nations. This system simplifies international transactions and speeds up payments.Commercial firms no longer need extra middlemen to move money. Ripple provides a faster and cheaper option for global moetrary transactions .

The post XRP Helps BRICS Speed Up Cross-Border Payments in mBridge Project appeared first on Crypto News Land.

The post Why is XRP Price Down Today, Despite Major Announcements Of Ripple Swell Event appeared first on Coinpedia Fintech News

Today, while most cryptocurrencies are experiencing price gains, XRP is facing a decline. Despite Bitcoin’s impressive surge to 3 month high of $67,693, XRP struggles to hold above the $0.54 level. This decline is particularly surprising given the major announcement about the upcoming Ripple Swell event. So, let’s explore the reasons behind XRP’s downturn.

Ripple vs. SEC Case Creates Uncertainty

A significant factor impacting XRP’s price is the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC recently overturned the previous ruling that says XRP is a non-security. This decision has generated fear, uncertainty, and doubt (FUD) among investors, causing XRP’s price to drop to new lows. 

With December 19, 2024, marking five years since the lawsuit began, the outcome could greatly influence XRP’s future. 

Selling Pressure Blocks XRP Growth

XRP had managed to climb towards the $0.54 mark, with hopes of reaching $0.65. However, selling pressure has blocked this upward movement. Sellers have historically resisted price increases, as seen between late May and early July. Without a notable increase in buying interest, XRP may continue to struggle to reclaim higher price levels.

Declining Market Sentiment

Another worrying sign for XRP is the significant drop in its Weighted Sentiment. This metric gauges the overall mood of discussions surrounding a cryptocurrency. A decrease from 0.07 to 0.02 suggests a rise in pessimism among the community. While negative sentiment can sometimes lead to bullish behavior, the current outlook is still concerning.

Bearish Short-Term Indicators

The 12-hour chart reveals a bearish trend for XRP. The price has dipped below the $0.55 resistance level and is positioned within a descending channel. This movement indicates that further declines may be imminent, especially with the Relative Strength Index (RSI) below 50 and the Moving Average Convergence Divergence (MACD) below zero.

Swell Events To Bring Hope For XRP

Despite these challenges, there is hope as Ripple prepares for its annual Swell conference. This event gathers industry leaders to discuss innovations in payments and blockchain technology. 

Historically, Swell has led to significant price increases for XRP, and many are optimistic that this year’s event could reignite interest and investment in the cryptocurrency.

The Ripple vs. SEC saga just hit a pivotal moment, and XRP holders are on the edge of their seats. October 7, 2024, brought major developments, with Judge Annalisa Torres’ ruling declaring that XRP’s programmatic sales on public exchanges do not classify as securities. However, the SEC isn't backing down, hinting at a potential appeal—which could inject more volatility into XRP’s price action.

The XRP Verdict: A Game-Changer? ⚖️
The legal victory is a milestone for Ripple, but it comes with caveats. While the judge ruled favorably on programmatic sales, XRP’s direct sales to institutional investors were still deemed violations of securities law. This split decision leaves room for further challenges as the SEC weighs its next move.
Ripple CEO Brad Garlinghouse has expressed optimism, though he acknowledges the ongoing litigation remains a drain on resources. However, this hasn’t dampened investor enthusiasm as XRP continues to show resilience.

XRP Market Update: Buckle Up for Big Moves 📈
Despite the legal uncertainty, XRP has been holding steady around $0.588, even as speculation runs wild about the potential for explosive price action. If the ruling holds, investor confidence could surge, driving XRP to new highs. But if the SEC appeals, volatility is guaranteed—and with it, massive trading opportunities.

$XRP Breakout Prediction: Eyes on the Charts 🔥
Analysts are already projecting ambitious targets for XRP. Could $978.43 be within reach? While that number sounds like a stretch, a solid legal win combined with institutional interest could fuel XRP’s journey to all-time highs.
Here’s what to watch as we approach the next chapter in Ripple’s battle:
🚧 Key Support: $0.50 – If XRP drops below this, expect further downside volatility.
🚀 Breakout Target: $0.68 – A move past this level could trigger a bull run toward higher ranges.
⚠️ SEC Appeal Risk: Keep a close eye on any new developments from the SEC. Legal uncertainty could send shockwaves across the crypto market.

The Big Question: Are You Ready? 💬
Ripple’s fight against the SEC isn’t just about XRP—it’s shaping the future of the entire crypto space. With institutional investors eyeing the outcome, and XRP gaining momentum, the stage is set for massive moves—whether up or down.
Will XRP soar to new heights or get caught in another legal twist? Now’s the time to strategize.

💥 Don't Miss the Action! Trade XRP and other top cryptos on Binance to stay ahead of the curve. Whether it’s a bull run or a correction, there’s always an opportunity waiting.
The future belongs to those who are prepared—are you in?
#XRP #Ripple #SEC #CryptoBreakout #BullRun
$XRP

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Ripple investors are grappling with the underperformance of the XRP price. While this continues, a new star is emerging on the Ethereum blockchain: WallitIQ (WLTQ). This cutting-edge Ethereum token has captured the attention of crypto enthusiasts and analysts alike, with predictions of a 150x rally shortly. Currently in its presale phase with a tantalizing offer price of $0.0171, WallitIQ (WLTQ) is already drawing in both crypto whales and retail investors eager to capitalize on its potential. With its innovative features, WallitIQ (WLTQ) is shaping up to be a game-changer in the decentralized finance space.

As XRP price woes continue, WallitIQ (WLTQ) presents a compelling alternative for Ripple investors seeking returns beyond what Ripple can offer. The token’s innovative approach to security, AI-driven solutions, and ease of use have placed it on the radar of those looking for the next crypto project to rally big in the space.

WallitIQ (WLTQ): The New Ethereum DeFi Token Set For A 150x Rally

WallitIQ (WLTQ) is quickly becoming the Ethereum token to watch, with a 150x rally projected by industry analysts. Its presale is creating a buzz, not just because of the low entry price of $0.0171, but due to its powerful array of features designed to simplify DeFi interactions and enhance security for users. 

With its AI-powered Escrow connect, predictive analytics technology, automated portfolio rebalancing, AI-powered anomaly detection and automated transaction capabilities, WallitIQ (WLTQ) sees to it that users can make informed decisions while avoiding security pitfalls often present in the DeFi space.

One of the features of WallitIQ (WLTQ) that stands it out is its Physical 2 Digital (P2D) wallet feature, which allows users to digitize their personal data within the wallet, bridging the gap between the physical and digital worlds. The AI-driven predictive analytics technology helps investors track market trends and forecast price movements, providing crucial insights that could maximize returns. 

Additionally, the AI Chatbot offers 24/7 assistance, and the Scan & Pay QR feature simplifies crypto payments. The smart contract has been successfully audited by SolidProof, further boosting confidence in the token’s security.

Investors are also attracted by the Push Protocol technology for on-chain notifications and Escrow Connect, which acts as a vigilant intermediary between wallets and dApps, safeguarding transactions with AI-powered verification. Whether it’s performance tracking or automated portfolio rebalancing, WallitIQ (WLTQ) delivers an intuitive and reliable experience, making it a top choice for both new and seasoned crypto investors.

Ripple Investors In Despair Over XRP Price Performance

While Ripple investors have seen some positive developments in its ongoing battle with the SEC, the XRP price continues to underperform, leaving these Ripple investors in a state of despair. The regulatory uncertainty surrounding Ripple has led to inconsistent market reactions, and XRP price has struggled to maintain momentum. As a result, many Ripple investors are looking for new opportunities to recover their losses, and WallitIQ (WLTQ) has emerged as a promising alternative.

The allure of this Ethereum token lies not only in its projected 150x rally but also in its solid foundation on the Ethereum blockchain, which has proven itself time and again as a reliable platform for innovation in DeFi. The ongoing XRP price slump has driven Ripple investors to explore WallitIQ (WLTQ)’s presale, where early adopters are poised to reap massive rewards when the Ethereum token hits mainstream exchanges. 

With its customizable alerts for market events, AI-driven smart suggestions, and advanced security features, the Ethereum token, WLTQ offers a more secure and profitable investment option compared to the uncertain future of the slumping XRP price.

Conclusion

As Ripple and XRP price experience legal issues , the WallitIQ (WLTQ) Ethereum token is fast becoming the go-to altcoin for investors looking for substantial returns. Its innovative use of AI, security-focused features like Escrow Connect, and the potential for a 150x rally make it a top contender in the DeFi space. 

Ripple investors are flocking to the WallitIQ (WLTQ) presale, not wanting to miss out on the opportunity to position themselves smartly before the inevitable crypto market recovery. With its strong technology and recent CoinMarketCap listing, the WallitIQ (WLTQ) Ethereum token is poised to deliver significant gains—join the presale today and prepare for the next big rally.

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

 *This article was paid for. Cryptonomist did not write the article or test the platform.

The post Ripple SEC Legal Battle Update: What’s Next in the Fight for XRP? appeared first on Coinpedia Fintech News

The legal battle between Ripple and the United States Securities and Exchanges Commission is likely to enter its next phase soon. The phase officially begins, when the SEC files its pre-argument statement. The SEC recently decided to appeal against a 2023 federal court ruling, which had declined to recognize XRP tokens as a security in favor of Ripple. Recently, the Chief Legal Officer of Ripple, Stuart Alderoty claimed that the US SEC might file its pre-argument statement (Form C) on Thursday. Here is what you should know about the development. Dive in! 

What’s Ripple’s Appeal Plan?

Right now, there is no clear indication of what the SEC’s approach will be in this legal battle. The pre-argument statement, which is expected to be filed on Thursday, will give enough insights into the appeal plan of the agency. 

Does Ripple Have a Defence Strategy?

There is no doubt that Ripple will strike back strongly. Ripple’s legal team has already confirmed the company’s plan to file its Form C in response to the SEC’s appeal. As per the latest report, this cross-appeal will be filed within seven days after the SEC’s filing. The way Ripple’s legal team is responding indicates that they are very confident about winning this legal battle. Meanwhile, an attempt to portray Ripple’s legal battle against the SEC as a noble fight to defend the rights of the cryptocurrency community has gained traction, with many crypto enthusiasts openly supporting the company. 

Ripple Vs SEC Briefing Schedule and What’s Next

Once both parties file their initial forms, it will mark the beginning of the briefing session. During this session, both the parties will have the chance to present their arguments. At first, the SEC will present their arguments, and then, Ripple will have the opportunity to counter the arguments of the SEC. The latest report indicates that the first brief of the SEC will take place within three months. 

Also Read :

  Crypto Backing Boosts Donald Trump’s Odds in US Election 2024

  ,

Who Will Win the Battle, Ripple or SEC?

Although Ripple appears far more confident than the SEC about emerging victorious, a recent statement by Fred Rispoli indicates that no chance can be ruled out completely. As per Rispoli’s opinion, the outcome could heavily depend on which judges are assigned to the case. He warned that if Ripple faces a judge panel favorable to the government, the company’s chances of losing could increase dramatically. 

In conclusion, it is less likely to see the final outcome of this legal battle between Ripple and the US SEC before 2026. Should the political climate in the US shift during this time, the outcome could become even more unpredictable. 

Stay tuned to Coinpedia for more updates!  

At present, the market is rapidly shifting due to the falling off of prices of Bitcoin most especially its effect on smaller cryptocurrencies. Lots of altcoins are also affected by this. The two small coins facing challenges are Ripple (XRP) and Dogecoin (DOGE). On the other hand, it has been reported that IntelMarkets (INTL) is on the verge of becoming a revolutionary player in the crypto terrain, just like the others. It is expected, according to forecasts, that it can be up to $1 by December.

Ripple (XRP): Navigating Turbulent Waters

Ripple is recognized as a major cryptocurrency because its aim is to make cross-border payments easier. Nevertheless, in the far-off months, XRP is amid the lows of the regulatory uncertainties and the floundering of the market. At this moment, XRP is worth about $0.54, considerably lower than the peak value of $3.84 it reached in January of 2018.

XRP has shown its ability to recover from shocks in the past; however, the unusual price jumps in recent times have sparked some worry. Last week, XRP's rate increased by 3%. 

However, due to the ongoing legal battle with the SEC, investors are showing disinterest in betting on the future of the token. According to analysts, XRP may not be able to recover its all-time highs unless adverse news concerning Ripple's legal issue does not happen soon.

Dogecoin (DOGE): From Meme to Market Influence

Dogecoin, which was first created as a meme, has recently gained a lot of traction in the market, especially during the recent meme coin craze. Now, DOGE is priced at $0.11, which has dropped widely from its highest point of $0.73 in May 2021. The pain points also show the crisis in the market; this is something that is common for cryptocurrencies that are based on memes.

The price of Dogecoin has changed in the last month, noted for an increase of 10%. DOGE continues to be supported by a sizable community that is receiving support from important personalities, including Elon Musk, but even he is against investing. Still, its price is determined predominantly by market sentiment and social media trends rather than its own intrinsic value or utility.

IntelMarkets (INTL): The Future of Crypto Trading

On the contrary of the unfortunate experiences of XRP and DOGE, IntelMarkets (INTL) is ready to have a significant surge. It blends artificial intelligence and decentralized finance in a distinctive way, which aims to change the trading scenarios. At the moment of presale, the price is just $0.027 and experts predict that it could skyrocket post-launch to $1, thus bringing a whopping 37x return.

The most important thing that makes IntelMarkets different from the competitors is the unconventional way of trading. The company combines AI with blockchain technology to provide traders the most advanced tools and strategies that can respond to the market's changes in real time. The platform's trading robots can process massive data, performing trades at the fastest pace possible, thus allowing users to take advantage of the market as soon as the opportunity arises.

Conclusion

As we go forward, the outlook for Ripple and Dogecoin looks hazy. Although both currencies have "bounced back" before, the obstacles posed by regulation and unpredictability of the market may limit their revival.

Resting at the top of it all is IntelMarkets (INTL), the coin that has a visibly bright future in a crowded crypto market. Investors seeking significant gains should consider jumping on board this revolutionary platform before it takes off.

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