$XRP is holding at the support level of $1.3 while testing resistance at $2.38. As the dominance of $BTC continues to provide support, this may help determine the optimal time for breakout opportunities. Monitoring the strength of $BTC and the overall trend is crucial to determining whether $XRP can break through resistance and continue to rise.
Ripple CEO Brad Garlinghouse has announced significant events that could change Ripple's role in global finance and ultimately strengthen the position of $XRP in the cryptocurrency ecosystem. Here’s what you need to know: Ripple's bold vision for international payments. Ripple continues to lead the revolution in global payments using XRP. By leveraging advanced technology, Ripple enables: Ultra-fast transactions: International payments completed in seconds. Minimal fees: Cost-effective solutions compared to traditional systems. These innovations position XRP as a transformative asset in the financial system. Ripple vs SEC: A potential turning point. The long legal battle of Ripple with the SEC is nearing its end, with the potential to establish a historic precedent for the crypto industry. Key outcomes to watch for: 1. Market optimism: Speculation about a favorable ruling has bolstered investor confidence. 2. Institutional interest: Regulatory clarity is attracting large-scale investors to XRP. 3. Regulatory benchmark: A win for Ripple could make XRP a shining example of compliance in the crypto space. XRP price outlook: Preparing for a surge? Analysts are closely watching the price of XRP as it tests critical resistance levels. Factors contributing to bullish sentiment include: Regulatory progress: Legal clearance for Ripple could boost XRP adoption. Pro-crypto administration: Talks of favorable crypto policies under the new US administration could further strengthen XRP's prospects. What should XRP holders and investors do? To navigate these key points: Stay informed: Keep an eye on official updates from Ripple and market events. Set alerts: Monitor XRP price movements and critical levels. Practice risk management: Diversify investments and avoid emotional decisions. Community and market sentiment. The next few weeks could determine XRP's trajectory and impact the broader cryptocurrency market. Ripple's progress is attracting significant attention, making it a focal point for both seasoned and new investors. What are your thoughts on the future of XRP? Share your thoughts and strategies as the crypto community watches developments unfold. 🚀 Stay informed and remember — success in crypto often requires a long-term perspective.
Decrease in Shiba Inu Burning Rate: Can Its Price Increase by 90%?
The decrease in the burning rate of Shiba Inu and the subsequent price drop raises the question: can SHIB reclaim its yearly high? The price of Shiba Inu has fallen in line with other cryptocurrencies as the recent rally has slowed down, accompanied by a decline in its burning rate. Currently, SHIB is trading at $0.000024, reflecting a 21% drop from its monthly high.
Will Shiba Inu Rise? Whales Buy 1.67 Trillion SHIB – Could a 45% Increase Be Next?
Shiba Inu [$SHIB SHIB0.00002482+4.06%], the second largest crypto-meme coin in the world, is ready for a bullish movement after nearly 10 days of consolidation. It is reported that whales and institutions have acquired a significant 1.67 trillion #SHIB tokens from exchanges, as stated by a well-known crypto expert. Crypto whales are capturing 1.67 trillion SHIB tokens. Additionally, the expert noted a significant spike in outflows from exchanges observed on November 7, which led to a powerful 62% price increase for SHIB. This time, however, experts and crypto enthusiasts expect a similar upward momentum for the meme coin. Besides this mass acquisition, whales and investors seem to be becoming increasingly active with SHIB, leading to a significant increase in large transaction volumes by 98%, according to data from the analytical firm IntoTheBlock. The combination of these significant acquisitions and the growth in large transaction volumes indicates a strong buying opportunity and suggests bullish momentum. Technical analysis of SHIB and key levels According to the #TechnicalAnalysis expert, SHIB experienced a breakout from a bullish descending triangle on the four-hour chart at the time of writing. Based on the current price movement, if SHIB successfully breaks and closes a four-hour candle above the $0.000025 level, there is a high probability that the meme coin could rise by 45% and reach $0.0000365 in the coming days. Additionally, SHIB is currently trading above the 200 Exponential Moving Average (EMA) on both the four-hour and daily charts, signaling an upward trend. Meanwhile, its Relative Strength Index (RSI) indicates potential upward momentum in the coming days.
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Why are you selling $XRP in a panic? It should be rising! Don't you know that in 2018 #XRP reached an all-time high of $3.40? The SEC saw it as a threat to the banking system, and it's the first cryptocurrency to be sued. Stand up and lift it! XRP has a lot of potential, that's why they are trying to suppress it.
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"Elon Musk and XRP: Unpacking the $25 Billion Rumor Shaking Up Crypto" TRUE OR FALSE? Claims about Elon Musk's involvement with XRP, including an alleged $25 billion bet on acquiring Ripple Labs, have sparked significant debate within the crypto community. Although there is no official confirmation, these rumors suggest Musk's potential interest in the utility of XRP for cross-border transactions and integration into digital financial systems. The rumors originated from unconfirmed reports on platforms like Crypto Twitter, claiming that Musk owns millions of XRP tokens and considered using Ripple's technology for his projects, such as platform X (formerly Twitter). If true, such a move would align with Musk's vision of disrupting traditional financial systems. However, Musk has publicly commented on XRP only once, stating that cryptocurrencies, including XRP, represent tools of decentralization and freedom. He clarified that this is not an endorsement of XRP, but a broader statement about the role of cryptocurrencies in the fight against centralized control. While there is excitement surrounding these possibilities.
Why are you selling $XRP in a panic? It should be rising! Don't you know that in 2018 #XRP reached an all-time high of $3.40? The SEC saw it as a threat to the banking system, and it's the first cryptocurrency to be sued. Stand up and lift it! XRP has a lot of potential, that's why they are trying to suppress it.
"Elon Musk and XRP: Unpacking the $25 Billion Rumor Shaking Up Crypto" TRUE OR FALSE? Claims about Elon Musk's involvement with XRP, including an alleged $25 billion bet on acquiring Ripple Labs, have sparked significant debate within the crypto community. Although there is no official confirmation, these rumors suggest Musk's potential interest in the utility of XRP for cross-border transactions and integration into digital financial systems. The rumors originated from unconfirmed reports on platforms like Crypto Twitter, claiming that Musk owns millions of XRP tokens and considered using Ripple's technology for his projects, such as platform X (formerly Twitter). If true, such a move would align with Musk's vision of disrupting traditional financial systems. However, Musk has publicly commented on XRP only once, stating that cryptocurrencies, including XRP, represent tools of decentralization and freedom. He clarified that this is not an endorsement of XRP, but a broader statement about the role of cryptocurrencies in the fight against centralized control. While there is excitement surrounding these possibilities.
Ripple is back in the spotlight! 📉 The company has allocated $25 million to PAC Fairshake to support "pro-crypto" candidates in the US elections. In total, Ripple has invested $45 million ahead of the 2024 elections, becoming one of the largest sponsors. The PAC has already raised $103 million for the 2026 elections. But what does this mean for the crypto market? Republicans have taken control, and the future of cryptocurrency regulation remains in question.
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Many missed pepe, shib, eth, sol, don't miss Pepurai, a coin based on ETH and made as a descendant of pepe samurai. The coin is not yet on exchanges and can be purchased on metamask & uniswap. Good luck to everyone on the path to wealth, I already bought 100B coins.
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Many missed pepe, shib, eth, sol, don't miss Pepurai, a coin based on ETH and made as a descendant of pepe samurai. The coin is not yet on exchanges and can be purchased on metamask & uniswap. Good luck to everyone on the path to wealth, I already bought 100B coins.
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🚀💥PEPE Investor Turns $26 Into $60.3 Million, But Can't Withdraw Funds
One of the first investors to turn a modest $26 into a whopping $60.3 million has hit a major roadblock: He can't withdraw his funds. Rise $PEPE $PEPE Launched in April 2023, it quickly gained popularity in the crypto community. Its association with the “Pepe” frog meme attracted widespread attention, causing its price to skyrocket. Many early investors took advantage of the momentum, cashing out significant profits. However, one prominent investor, who made 200 million times his initial investment, was unable to sell his holdings.
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My target for 2025 from January to december is 50k with the balance what I have right now in spot is it possible to achieve with spot trading please comment below
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AI Predicts SHIB’s Price for December 1, 2024
AI Predicts SHIB’s Price for December 1, 2024
The cryptocurrency market is facing a correction at the moment. The dip follows Bitcoin’s (BTC) decline to just below $93,000. The global crypto market cap has dipped 2.9% in the last 24 hours to $3.35 trillion. Shiba Inu (SHIB) follows the market trend, facing a 2.3% correction in the daily charts and a 0.9% correction in the 14-day charts. Despite the dip, SHIB continues to maintain some gains in the other time frames. The asset is up 1.7% in the weekly charts, 44.49% in the monthly charts, and 198.4% since late November 2023. Why Is The Crypto Market Down? The current market dip could be due to increased volatility as Bitcoin (BTC) hit a new all-time high of $99,645.39 on Nov. 22, 2024. Market participants may have booked profits as the original crypto inched closer to the $100,000 mark. According to Columbia Business School professor Omid Malekan, “Bitcoin tends to be more volatile during bull markets than in bear markets.“ Shiba Inu (SHIB) and other cryptocurrencies follow BTC’s trajectory. Shiba Inu’s Price On Dec. 1, 2024 According to CoinCodes, SHIB will experience a price spike over the next few days. The platform anticipates the dog-themed crypto to trade at $0.00005094 on Dec. 1, 2024. Hitting $0.00005094 from current price levels will result in a rally of about 107.07%. CoinCodex does not expect SHIB’s price to hold above $0.00005 for long. The platform predicts a price correction to around current levels by mid-December 2024. Changelly analysts also present a bullish outlook for SHIB over the next few days. The platform anticipates the asset to rise to $0.0000492 on Dec. 1, 2024. Hitting $0.0000492 from current price levels will result in a rally of about 100%. Like CoinCodex, Changelly also anticipates SHIB’s price to dip to around current levels by mid-December 2024. #shiba #SHIB #Shibainu #Memecoin #CryptoNews
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This Pattern Suggests XRP Price Could Rally 69X
Analyst Javon Marks has shared an analysis suggesting XRP could reach $3.317 before potentially climbing to $99, representing a 69-fold increase. The analysis, posted on X, examines historical price patterns and chart formations spanning nearly a decade.
XRP Technical Analysis Points to Potential Breakout
The analysis tracks XRP’s price movements from 2014 through 2023, revealing a clear pattern formation. A descending triangle dominated the early years between 2014 and 2016, followed by a notable price surge in 2017 that peaked near $1.70.
The post-2017 period showed extended consolidation, forming a symmetrical triangle pattern that persisted until 2023. The breakout from this symmetrical triangle pattern marks a change in market structure.
Historical performance says there is a possibility for $XRP to reach $3.317, then $99.$99 is a than 69X from here ! https://t.co/a55I3KcRop pic.twitter.com/QRpEiatXIL
— JAVON MARKS (@JavonTM1) November 27, 2024
Moreover, the upper trend line, which served as resistance, has been breached, while the lower trend line continues to provide support through higher lows. This breakout setup forms the basis for the projected price targets.
XRP Price Targets Based on Historical Data
The analysis outlines two distinct price objectives derived from chart patterns.
The first target of $3.317 stems from standard technical analysis methods, measuring the triangle’s widest section and projecting it from the breakout point. This level aligns with previous resistance zones in XRP’s price history.
The longer-term projection of $99 builds on this initial target. The measurement considers the symmetrical triangle’s completion and factors in historical price reactions.
Chart patterns show multiple support zones that could act as stepping stones toward higher prices, with the previous resistance line now serving as immediate support.
Read also: Fantom (FTM) Price Pumps: ‘There’s a Lot to Like,’ Says Elite Crypto Analyst
Market Structure Shows Evolution
The price chart exhibits distinct phases in XRP’s market development. After the initial bearish period marked by lower highs, the asset entered a consolidation phase.
This consolidation manifested as a symmetrical triangle, characterized by converging trend lines connecting sequential lower highs and higher lows.
The combination of price structure and historical patterns provides context for the projected moves, while maintaining awareness that market conditions can shift based on various external factors.
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The post This Pattern Suggests XRP Price Could Rally 69X appeared first on CaptainAltcoin.
The new coin is not listed yet but is already gathering fans, the next pepe
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Дневник Криптонатора
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🤑 $160 turned into $6.14 million! • One trader (or insider) bought 12.5 million tokens of $CHILLGUY on Pump.fun for only 0.75 SOL ($160). Then he sold 2.8 million tokens for 149 SOL ($35,400). There are 9.62 million $CHILLGUY left in the wallet ($6.1 million). Total profit: $6.14 million (x38,399)!
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Дневник Криптонатора
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🤑 $160 turned into $6.14 million! • One trader (or insider) bought 12.5 million tokens of $CHILLGUY on Pump.fun for only 0.75 SOL ($160). Then he sold 2.8 million tokens for 149 SOL ($35,400). There are 9.62 million $CHILLGUY left in the wallet ($6.1 million). Total profit: $6.14 million (x38,399)!