Although entire market is driven by bitcoin, when it starts declining all other stuff suffer too, Ripple #XRP struggling due to high volume of supply, and lower demand, not yet 50% of supply achieved, so this guy will keep struggling, instead of launching new product this is still struggling, #RLUSD Be careful guys
🚨XRP Plunges 10%: Unveiling the Reasons and What’s Next 🚨
$XRP has experienced a sharp 10% dip, raising questions among investors. Let’s break down the reasons behind this downturn and key technical levels to watch for short- and long-term strategies. --- Key Factors Behind the Dip 📉 1. Profit-Taking Pressure: With 97% of holders in profit, many cashed out, increasing sell pressure. Result: Short-term downward momentum. 2. Court Ruling Uncertainty: The SEC clarified that a recent ruling favoring Binance doesn't impact Ripple's case. This lack of clarity continues to weigh on XRP. 3. Broader Market Weakness: XRP underperformed with a 5% YTD decline, while major cryptos like BTC gained. --- Technical Analysis 📊 Critical Support: $0.58 If this level breaks, expect a slide to $0.51. Resistance Zone: $0.64–$0.67 Breaking above this could reignite bullish momentum. Key Fibonacci Level: $0.60 acts as a pivot zone for traders. --- Trading Levels to Watch 🔍 Short Trade: Entry: $0.57 Target: $0.51 Stop Loss: $0.60 Long Trade: Entry: $0.60 Target: $0.67, then $0.75 Stop Loss: $0.58 --- Predictions 🔮 Bullish Scenario: A favorable Ripple vs. SEC outcome could propel XRP to $6. Bearish Scenario: Breaking $0.58 could lead to deeper corrections toward $0.51 or lower. --- Conclusion 🚀 While the recent dip in XRP’s price reflects immediate challenges, its long-term potential remains intact. Traders should monitor key levels and adapt strategies accordingly. #binance #xrp
It’s good for your mental satisfaction but reality is now becoming different, with the launch of RLUSD XRP at least had to maintain 3 or above but failed means no potential coins
LIVE
ANTONIOP2000
--
Bullish
I have to say that #Ripple with #XRP will have a mind-blowing boom, the SEC is allowing them to work and politics shares the project. Let's remember that it is about to release its stablecoin, it does not mean that when it is released there will be an explosion. But I firmly believe that XRP has all the good intentions to be the strongest currency. I can never say that it will surpass bitcoin, but if banks like XRP, a lot of money will come in. I think that XRP will reach €40 per unit in 2025. I have entered €50 per month as a top-up on xrp. Do you think like me? If you do not think like me and you manage to make me change my mind I am grateful because constructive criticism is fundamental for me. Thanks everyone for reading .
$XRP XRP at $500? It Would Be Worth More Than the U.S. Economy!
To reach $500, XRP would need a market cap of $28.5 trillion, surpassing the entire GDP of the United States ($26.7 trillion). For $300, it would require $17.13 trillion, rivaling the entire global gold market. Even a “modest” $100 would demand $5.7 trillion, more than the combined value of Bitcoin, Ethereum, and the rest of the crypto market today ($3.63 trillion).
These targets suggest XRP would need to attract an unprecedented flow of capital, exceeding what exists in most global markets. While XRP’s past 109,899% rally in 2017 inspires optimism, achieving such astronomical levels would make it the most valuable asset in human history—a scenario so improbable, it borders on fantasy. Click xrp box beloy👇 to buy xrp on spot to avoid massive liquidity $XRP
Ripple's RLUSD stablecoin launches on Uphold on December 18 with 5% rewards starting January 2025. • RLUSD is backed 1:1 by USD reserves and approved. #xrp
Today, the stablecoin $rlusd linked to $xrp will be launched.
In this post, I will explain to you my point of view why $xrp cannot be compared to any currency in the market.
This analysis should not be used speculatively or to create FOMO, but rather as a long-term view ✍️
RLUSD idea summary:
Ripple has announced the launch of a new stablecoin called RLUSD.
Its value is equivalent to the dollar, meaning that each unit of currency has a bank reserve equivalent to $1, which gives it greater confidence.
------ What could happen to $xrp It is just an analysis and not based on news
Ripple may provide a large portion of the $xrp currency to be used as a bank reserve to ensure the stability of its stable currency price, and thus the supply of the currency for trading will be reduced, thus increasing the demand for $xrp more in exchange for the shortage in supply, which increases its price (in the long run ✋ ) -- Why is RLUSD important?
It will help in:
International Payments: Facilitates the transfer of money quickly and at low cost.
Providing liquidity: Large banks and companies will use RLUSD instead of traditional, expensive methods
Especially since the currency received official approval in America.
---
What will happen to XRP?
When a large amount of XRP is locked:
The quantity available in the market is decreasing.
This may increase the value of XRP over time due to low supply and increased demand.
At the same time, using RLUSD will support the XRP network and increase the confidence of both individuals and institutions in it. --- Expected future:
This plan could make Ripple reach a historic market cap that will rival the largest companies listed on the US stock exchange one day.