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This Is How #ripple (XRP) Price Is Primed for an 18% Correction
The ongoing lack of recovery appears to be prompting investors to offload their holdings, potentially exacerbating the decline & complicating any efforts to bounce back.
Ripple Investors React to Decline
- With the XRP price dropping to $0.42, a wave of pessimism has swept through many token holders, evident in their actions. The divergence in daily active addresses (DAA) is currently signaling a sell-off.
- This divergence occurs when the price is either rising while participation decreases or when both factors are negative. In XRP's case, it's the latter scenario, indicating that holders are likely looking to offload their assets before incurring further losses.
- This cautious sentiment is also spreading to potential investors, as reflected in the network growth metric, which has plummeted to a four-year low. Network growth measures the rate at which new addresses are being created on the network.
- It serves as a gauge of the project's traction in the market, signaling whether it's gaining or losing momentum. Ripple's declining network growth suggests that potential investors perceive little benefit in engaging with XRP transactions.
XRP Price Forecast: Maintaining Above Critical Level Is Crucial
- At its current trading price of $0.53, XRP is hovering just above the 23.6% Fibonacci Retracement level between $0.73 & $0.42. This level, often referred to as the bear market support floor, is critical because as long as it holds, there remains a chance for the crypto asset to stage a recovery.
- Amid bearish sentiment, XRP might break below the support level, potentially dropping to $0.47, marking an 18% decline from its recent peak to the $0.42 support level.
- Nevertheless, if XRP manages to bounce back from the 23.6% Fib line & reclaim the 38.2% Fib level at $0.57 as support, it could invalidate the bearish outlook. This would potentially propel the #altcoin to rise to $0.60 and recover its recent losses.
Source - beincrypto.com
#cryptocurrency #BinanceSquareTalks #CryptoNews🔒📰🚫
The ongoing lack of recovery appears to be prompting investors to offload their holdings, potentially exacerbating the decline & complicating any efforts to bounce back.
Ripple Investors React to Decline
- With the XRP price dropping to $0.42, a wave of pessimism has swept through many token holders, evident in their actions. The divergence in daily active addresses (DAA) is currently signaling a sell-off.
- This divergence occurs when the price is either rising while participation decreases or when both factors are negative. In XRP's case, it's the latter scenario, indicating that holders are likely looking to offload their assets before incurring further losses.
- This cautious sentiment is also spreading to potential investors, as reflected in the network growth metric, which has plummeted to a four-year low. Network growth measures the rate at which new addresses are being created on the network.
- It serves as a gauge of the project's traction in the market, signaling whether it's gaining or losing momentum. Ripple's declining network growth suggests that potential investors perceive little benefit in engaging with XRP transactions.
XRP Price Forecast: Maintaining Above Critical Level Is Crucial
- At its current trading price of $0.53, XRP is hovering just above the 23.6% Fibonacci Retracement level between $0.73 & $0.42. This level, often referred to as the bear market support floor, is critical because as long as it holds, there remains a chance for the crypto asset to stage a recovery.
- Amid bearish sentiment, XRP might break below the support level, potentially dropping to $0.47, marking an 18% decline from its recent peak to the $0.42 support level.
- Nevertheless, if XRP manages to bounce back from the 23.6% Fib line & reclaim the 38.2% Fib level at $0.57 as support, it could invalidate the bearish outlook. This would potentially propel the #altcoin to rise to $0.60 and recover its recent losses.
Source - beincrypto.com
#cryptocurrency #BinanceSquareTalks #CryptoNews🔒📰🚫
12 hours ago, a significant transaction occurred involving $XRP :
28,270,000 #XRP, valued at $15,139,951 USD, was transferred from wallet address r4wf7enWPxyHtbizyV7ZHiZi5XgwHh4Rzn to #Bitstamp.
Transaction hash:
FF071062FAD18D10E5FF5D25F0CD8A335F9D8448B1D324B97AA37D942D2E8D97
Additionally, in a separate transfer:
21,920,000 #XRP, amounting to $11,743,545 USD, was transferred from the same wallet to #Bitso.
Transaction hash:
EFE4147AA58499D0E2AC585FEB23AB8448311979B987255B73946BB03F2FCC58
#XRPEscrow #ripple
28,270,000 #XRP, valued at $15,139,951 USD, was transferred from wallet address r4wf7enWPxyHtbizyV7ZHiZi5XgwHh4Rzn to #Bitstamp.
Transaction hash:
FF071062FAD18D10E5FF5D25F0CD8A335F9D8448B1D324B97AA37D942D2E8D97
Additionally, in a separate transfer:
21,920,000 #XRP, amounting to $11,743,545 USD, was transferred from the same wallet to #Bitso.
Transaction hash:
EFE4147AA58499D0E2AC585FEB23AB8448311979B987255B73946BB03F2FCC58
#XRPEscrow #ripple
Ripple Challenges SEC's Hefty Fines, Proposes $10 Million Settlement
Ripple Labs has formally opposed the hefty financial penalties proposed by the U.S. Securities and Exchange Commission (SEC), countering the federal agency's request for over $1 billion in disgorgement and penalties with a proposed settlement of just $10 million. This legal stance comes as the high-profile case between Ripple and the SEC, which centers on the alleged unlawful sale of XRP tokens, appears to be drawing to a close.
Disagreement on Penalties and Future Compliance
In recent court filings dated April 22, Ripple refuted several of the SEC’s claims and penalties related to its sale of XRP under what the SEC deemed unregistered securities offerings. The SEC had initially requested $876,308,712 in disgorgement and an additional $198,150,940 in prejudgment interest, alongside a similar amount as a civil penalty. In contrast, Ripple has consented to a maximum civil penalty of $10 million, arguing that the SEC's demands were disproportionately high and not reflective of the company’s current compliance efforts.
Ripple presented key arguments in its defense:
Future Violations Unlikely: Ripple argued that the SEC has not demonstrated a significant likelihood of future violations, questioning the need for an injunction.Disgorgement Not Justified: The company contended that the SEC failed to prove direct financial harm that would justify disgorgement, suggesting that any such calculations should subtract legitimate business expenses.Excessive Penalties: Ripple maintained that the penalties should not exceed $10 million, citing the SEC's historically lower fines in similar digital asset cases.
Ripple’s Adjustments and Compliance Efforts
Following the court’s directives, Ripple has adjusted its sales strategies for XRP, acquired necessary licenses for international operations, and revised its contracts to align with U.S. securities laws. These changes were highlighted in Ripple’s filings as part of its efforts to demonstrate compliance and argue against the SEC’s claim for ongoing oversight based on speculative future violations.
Upcoming Legal Proceedings
The SEC is scheduled to submit its reply brief under seal by May 6, with subsequent deadlines through May 20 for all parties, including third parties, to file motions related to sealing specific details of the court filings.
Ripple’s Legal Outlook
Stuart Alderoty, Chief Legal Officer at Ripple, criticized the SEC’s approach, describing it as overly aggressive and indicative of an intent to intimidate the broader cryptocurrency industry in the United States. Alderoty expressed confidence that Judge Torres, overseeing the case, would recognize the lack of recklessness or fraud in Ripple’s actions and rule fairly on the final remedies.
As the case nears its conclusion, the cryptocurrency community closely watches, aware that the outcome could have significant implications for the regulation of digital assets in the U.S.
$XRP
#ripple #SEC #XRP
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Disagreement on Penalties and Future Compliance
In recent court filings dated April 22, Ripple refuted several of the SEC’s claims and penalties related to its sale of XRP under what the SEC deemed unregistered securities offerings. The SEC had initially requested $876,308,712 in disgorgement and an additional $198,150,940 in prejudgment interest, alongside a similar amount as a civil penalty. In contrast, Ripple has consented to a maximum civil penalty of $10 million, arguing that the SEC's demands were disproportionately high and not reflective of the company’s current compliance efforts.
Ripple presented key arguments in its defense:
Future Violations Unlikely: Ripple argued that the SEC has not demonstrated a significant likelihood of future violations, questioning the need for an injunction.Disgorgement Not Justified: The company contended that the SEC failed to prove direct financial harm that would justify disgorgement, suggesting that any such calculations should subtract legitimate business expenses.Excessive Penalties: Ripple maintained that the penalties should not exceed $10 million, citing the SEC's historically lower fines in similar digital asset cases.
Ripple’s Adjustments and Compliance Efforts
Following the court’s directives, Ripple has adjusted its sales strategies for XRP, acquired necessary licenses for international operations, and revised its contracts to align with U.S. securities laws. These changes were highlighted in Ripple’s filings as part of its efforts to demonstrate compliance and argue against the SEC’s claim for ongoing oversight based on speculative future violations.
Upcoming Legal Proceedings
The SEC is scheduled to submit its reply brief under seal by May 6, with subsequent deadlines through May 20 for all parties, including third parties, to file motions related to sealing specific details of the court filings.
Ripple’s Legal Outlook
Stuart Alderoty, Chief Legal Officer at Ripple, criticized the SEC’s approach, describing it as overly aggressive and indicative of an intent to intimidate the broader cryptocurrency industry in the United States. Alderoty expressed confidence that Judge Torres, overseeing the case, would recognize the lack of recklessness or fraud in Ripple’s actions and rule fairly on the final remedies.
As the case nears its conclusion, the cryptocurrency community closely watches, aware that the outcome could have significant implications for the regulation of digital assets in the U.S.
$XRP
#ripple #SEC #XRP
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
If Not Now, When Ripple?😞
XRP has leaving many investors wondering when the good times will return. While the future remains uncertain, technical analysis can offer some insights into potential support and resistance levels that could guide XRP's price movement in the near term.
The Supportive Side
The positive sign is that buyers are stepping in to prevent further price declines. Key support levels are at $0.45, $0.48, and $0.50 providing potential zones where the price might find some stability. A crucial support level sits at $0.440, and a breach below this point could indicate a continuation of the downtrend.
Facing Resistance
On the flip side, XRP faces some hurdles to overcome. Significant resistance levels exist at $0.5450 and $0.580, and a break above these areas would be a bullish sign. The key resistance lies at $0.54. If the price can break and hold above this level, a potential trend reversal could be in sight.
Looking Ahead
A significant challenge awaits XRP at $0.62, where notable Fibonacci resistance sits. Overcoming this hurdle could signal the end of the corrective phase and usher in a new period of price growth. If XRP manages to break through $0.62, a potential resistance level could emerge at $0.75.
The Takeaway
While technical analysis can't predict the future with certainty, these support and resistance levels offer valuable information for XRP investors. By keeping an eye on these price zones, investors can make informed decisions about their XRP holdings.Always remember doing your own research please ,stay safe 🍀$XRP #ripple #Ripple #xrp
The Supportive Side
The positive sign is that buyers are stepping in to prevent further price declines. Key support levels are at $0.45, $0.48, and $0.50 providing potential zones where the price might find some stability. A crucial support level sits at $0.440, and a breach below this point could indicate a continuation of the downtrend.
Facing Resistance
On the flip side, XRP faces some hurdles to overcome. Significant resistance levels exist at $0.5450 and $0.580, and a break above these areas would be a bullish sign. The key resistance lies at $0.54. If the price can break and hold above this level, a potential trend reversal could be in sight.
Looking Ahead
A significant challenge awaits XRP at $0.62, where notable Fibonacci resistance sits. Overcoming this hurdle could signal the end of the corrective phase and usher in a new period of price growth. If XRP manages to break through $0.62, a potential resistance level could emerge at $0.75.
The Takeaway
While technical analysis can't predict the future with certainty, these support and resistance levels offer valuable information for XRP investors. By keeping an eye on these price zones, investors can make informed decisions about their XRP holdings.Always remember doing your own research please ,stay safe 🍀$XRP #ripple #Ripple #xrp
As told you my prediction has become true. follow for more . thanks ❤️
this is just the beginning..
👍 — if you agree!
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$XRP #xrp #XRPCOIN #XRP/USDT🔥🔥: #ripple
this is just the beginning..
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$XRP #xrp #XRPCOIN #XRP/USDT🔥🔥: #ripple
LIVErealmabbaskhan
--
Bullish
🚨 Ripple is on the rise! With the new Payment Stablecoin Act paving the way for regulation, Ripple's plan to launch its stablecoin backed by USD reserves shines a beacon of hope for the crypto future! 🔥
🚨 #XRP APPROVED BY CENTRAL BANK OF IRELAND!
The top XRPL DEFI token, CTF token is expected to skyrocket to a possible $748.50 from current price of $0.85 if it only captures $20 billion market cap!
If you are shocked you shouldnt be, think about it the total supply of CTF token is only 120 million tokens, the lowest of any topen in the top 10 on XRPL!
In fact any supply shock could send it flying! My CTF token bags are packed, I am not waiting for institutions to take take this over while I sit on the slidelines!
Follow for more. thanks ❤️
you can also give me a tip📦.
#XRPL #XRPledger #bitcoinhalving #realmabbaskhan $XRP
🚨 #XRP APPROVED BY CENTRAL BANK OF IRELAND!
The top XRPL DEFI token, CTF token is expected to skyrocket to a possible $748.50 from current price of $0.85 if it only captures $20 billion market cap!
If you are shocked you shouldnt be, think about it the total supply of CTF token is only 120 million tokens, the lowest of any topen in the top 10 on XRPL!
In fact any supply shock could send it flying! My CTF token bags are packed, I am not waiting for institutions to take take this over while I sit on the slidelines!
Follow for more. thanks ❤️
you can also give me a tip📦.
#XRPL #XRPledger #bitcoinhalving #realmabbaskhan $XRP
The CEO of Ripple Reveals New Target and Reverses $5 Trillion Crypto Marker Prediction
#MarketSentimentToday
$XRP
Brad Garlinghouse, the CEO of Ripple, has revised his earlier bold forecast for the market capitalization of the cryptocurrency industry, admitting that he had underestimated the market's potential surge.
CEO of Ripple Underestimates Crypto Market Cap
In a recent interview with Fox Business, Garlinghouse discussed the cryptocurrency market's performance since the start of the year as well as its potential for growth.
When asked about his earlier optimistic prediction that the market capitalization of the cryptocurrency industry would double to about $5 trillion by the end of the year, the CEO of Ripple was questioned. The current valuation of the worldwide cryptocurrency market is estimated by CoinMarketCap to be approximately $2.25 trillion.
Garlinghouse responded to the question by stating that he thought his earlier projections weren't unduly optimistic and emphasized the market's potential for more expansion. He acknowledged that he had underestimated the industry's potential market capitalization by the end of 2024, pointing to elements like the dynamics of supply and demand that are currently driving further increases.
Increased demand and decreased supply are the hallmarks of the current market conditions, according to Garlinghouse, and these dynamics have a big impact on how well cryptocurrencies perform.
He revealed that demand for Bitcoin has increased dramatically as a result of the Spot Bitcoin ETF market and public perception of the cryptocurrency's worth. Meanwhile, as more and more large-scale investors buy Bitcoin at a rapid pace, the cryptocurrency's supply is running out. Furthermore, the upcoming Bitcoin halving event is anticipated.
According to Garlinghouse's assessment of the current state of the cryptocurrency market, Bitcoin has increased by over 250% in the last six months, and more increases are expected. Additionally, he claimed that the impending halving of Bitcoin as well as the approval and introduction of Spot Bitcoin ETFs were the main causes of this outperformance.
Rules Are Essential To The Growth Of The Market
According to Garlinghouse, creating appropriate regulatory frameworks for the cryptocurrency market will benefit it in the long run.
He clarified that the United States' pervasive anti-crypto position was one of the main things impeding the development of this emerging market, implying that the nation's enforcement actions against the industry were “problematic.”
The CEO of Ripple cited a number of nations, such as Singapore, Dubai, and the UK, that have been actively embracing cryptocurrencies and putting in place the necessary regulatory frameworks to support the market's continued expansion.
According to Garlinghouse, the US has been slow to acknowledge the revolutionary and inventive potential of the cryptocurrency market. He blames this delay on the US Securities and Exchange Commission (SEC) and its current Chair, Gary Gensler.
With a $2.2 trillion market capitalization. Source: Tradingview.com's Crypto Total Market Ca
The chart on Tradingview.com and the featured image are from Bitcoinist.
Disclaimer: This article is solely meant to be educational. It does not reflect NewsBTC's views on whether to purchase, sell, or hold any investments, and investing inherently entails risk. Before making any investment decisions, it is advisable that you carry out independent research. You use the information on this website at your own risk.
NewsBTC.com is the source.
The first article to appear on Crypto Breaking News was Ripple CEO Walks Back $5 Trillion Crypto Marker Prediction, Unveils New Target.
#ripple #bitcoinhalving #Megadrop
$XRP
Brad Garlinghouse, the CEO of Ripple, has revised his earlier bold forecast for the market capitalization of the cryptocurrency industry, admitting that he had underestimated the market's potential surge.
CEO of Ripple Underestimates Crypto Market Cap
In a recent interview with Fox Business, Garlinghouse discussed the cryptocurrency market's performance since the start of the year as well as its potential for growth.
When asked about his earlier optimistic prediction that the market capitalization of the cryptocurrency industry would double to about $5 trillion by the end of the year, the CEO of Ripple was questioned. The current valuation of the worldwide cryptocurrency market is estimated by CoinMarketCap to be approximately $2.25 trillion.
Garlinghouse responded to the question by stating that he thought his earlier projections weren't unduly optimistic and emphasized the market's potential for more expansion. He acknowledged that he had underestimated the industry's potential market capitalization by the end of 2024, pointing to elements like the dynamics of supply and demand that are currently driving further increases.
Increased demand and decreased supply are the hallmarks of the current market conditions, according to Garlinghouse, and these dynamics have a big impact on how well cryptocurrencies perform.
He revealed that demand for Bitcoin has increased dramatically as a result of the Spot Bitcoin ETF market and public perception of the cryptocurrency's worth. Meanwhile, as more and more large-scale investors buy Bitcoin at a rapid pace, the cryptocurrency's supply is running out. Furthermore, the upcoming Bitcoin halving event is anticipated.
According to Garlinghouse's assessment of the current state of the cryptocurrency market, Bitcoin has increased by over 250% in the last six months, and more increases are expected. Additionally, he claimed that the impending halving of Bitcoin as well as the approval and introduction of Spot Bitcoin ETFs were the main causes of this outperformance.
Rules Are Essential To The Growth Of The Market
According to Garlinghouse, creating appropriate regulatory frameworks for the cryptocurrency market will benefit it in the long run.
He clarified that the United States' pervasive anti-crypto position was one of the main things impeding the development of this emerging market, implying that the nation's enforcement actions against the industry were “problematic.”
The CEO of Ripple cited a number of nations, such as Singapore, Dubai, and the UK, that have been actively embracing cryptocurrencies and putting in place the necessary regulatory frameworks to support the market's continued expansion.
According to Garlinghouse, the US has been slow to acknowledge the revolutionary and inventive potential of the cryptocurrency market. He blames this delay on the US Securities and Exchange Commission (SEC) and its current Chair, Gary Gensler.
With a $2.2 trillion market capitalization. Source: Tradingview.com's Crypto Total Market Ca
The chart on Tradingview.com and the featured image are from Bitcoinist.
Disclaimer: This article is solely meant to be educational. It does not reflect NewsBTC's views on whether to purchase, sell, or hold any investments, and investing inherently entails risk. Before making any investment decisions, it is advisable that you carry out independent research. You use the information on this website at your own risk.
NewsBTC.com is the source.
The first article to appear on Crypto Breaking News was Ripple CEO Walks Back $5 Trillion Crypto Marker Prediction, Unveils New Target.
#ripple #bitcoinhalving #Megadrop
These Key Indicators Suggest Potential XRP Rally
The ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) has been a major focal point for the XRP community. As the case appears to be approaching a resolution, crypto market analysts like prominent YouTuber Mickle scrutinize XRP’s price action for signs of an impending move.
Consolidation, Regulatory Clarity, and Historical Precedent
Mickle’s recent analysis identified XRP’s trading behavior within a significant consolidation pattern. This pattern, often indicative of an upcoming asset price shift, is expected to reach a turning point around the outcome of the SEC vs. Ripple lawsuit.
Past instances demonstrate the impact of regulatory clarity on XRP price action. Judge Analisa Torres’ July 2023 ruling triggered a surge in investor demand, propelling a substantial price rally for the cryptocurrency.
Bollinger Band Analysis and XRP’s Strength Against Bitcoin
Beyond the price pattern, Mickle highlights that the Bollinger Bands on XRP’s weekly chart display a tight squeeze. This technical indicator is often followed by periods of significant volatility. Historically, similar squeezes in 2017 and 2020 preceded rallies of massive proportions.
Additionally, XRP appears to be entering a price zone that has consistently indicated significant gains in XRP’s value relative to Bitcoin. This pattern has been observed multiple times over the past decade.
The Influence of the Macroeconomic Landscape and Investor Sentiment
Market analyst Mickle also factors the current macroeconomic climate into his assessment. The crypto market has been under pressure from the Federal Reserve’s high-interest rates aimed at curbing inflation. However, Mickle contends that economic pressures, including substantial losses from high rates, could force the Fed to pivot towards lowering interest rates.
This shift would likely foster a more favorable environment for risk-on assets, including cryptocurrencies like XRP. Importantly, a positive outcome in the SEC’s case against Ripple could significantly bolster investor sentiment across the broader cryptocurrency market.
In conclusion, the convergence of several indicators, including the Bollinger Band squeeze and XRP’s historical performance against Bitcoin, combined with the potential for a favorable resolution to the SEC lawsuit, suggests a bullish scenario for XRP’s price trajectory.
A positive legal outcome could remove a significant uncertainty surrounding XRP, unleashing pent-up demand and potentially driving a surge in value for the asset.
While there are no guarantees in the volatile world of cryptocurrency, the alignment of these factors presents a compelling case for XRP investors to keep a close watch as the legal case nears its conclusion.
⚠️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.
#ripple #XRP
Consolidation, Regulatory Clarity, and Historical Precedent
Mickle’s recent analysis identified XRP’s trading behavior within a significant consolidation pattern. This pattern, often indicative of an upcoming asset price shift, is expected to reach a turning point around the outcome of the SEC vs. Ripple lawsuit.
Past instances demonstrate the impact of regulatory clarity on XRP price action. Judge Analisa Torres’ July 2023 ruling triggered a surge in investor demand, propelling a substantial price rally for the cryptocurrency.
Bollinger Band Analysis and XRP’s Strength Against Bitcoin
Beyond the price pattern, Mickle highlights that the Bollinger Bands on XRP’s weekly chart display a tight squeeze. This technical indicator is often followed by periods of significant volatility. Historically, similar squeezes in 2017 and 2020 preceded rallies of massive proportions.
Additionally, XRP appears to be entering a price zone that has consistently indicated significant gains in XRP’s value relative to Bitcoin. This pattern has been observed multiple times over the past decade.
The Influence of the Macroeconomic Landscape and Investor Sentiment
Market analyst Mickle also factors the current macroeconomic climate into his assessment. The crypto market has been under pressure from the Federal Reserve’s high-interest rates aimed at curbing inflation. However, Mickle contends that economic pressures, including substantial losses from high rates, could force the Fed to pivot towards lowering interest rates.
This shift would likely foster a more favorable environment for risk-on assets, including cryptocurrencies like XRP. Importantly, a positive outcome in the SEC’s case against Ripple could significantly bolster investor sentiment across the broader cryptocurrency market.
In conclusion, the convergence of several indicators, including the Bollinger Band squeeze and XRP’s historical performance against Bitcoin, combined with the potential for a favorable resolution to the SEC lawsuit, suggests a bullish scenario for XRP’s price trajectory.
A positive legal outcome could remove a significant uncertainty surrounding XRP, unleashing pent-up demand and potentially driving a surge in value for the asset.
While there are no guarantees in the volatile world of cryptocurrency, the alignment of these factors presents a compelling case for XRP investors to keep a close watch as the legal case nears its conclusion.
⚠️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.
#ripple #XRP
#ONE/USDT ANALYSIS & Next Move
Harmony is trading inside a descending channel on the daily chart
A breakout above the resistance is expected, with upside targets at:
✅ Targets:
$0.0232 $0.0270 $0.0300 $0.0330 $0.0390
#ONE #analytics #ripple #Cryptosignals
Harmony is trading inside a descending channel on the daily chart
A breakout above the resistance is expected, with upside targets at:
✅ Targets:
$0.0232 $0.0270 $0.0300 $0.0330 $0.0390
#ONE #analytics #ripple #Cryptosignals
XRP is poised for a significant surge, according to a prediction by analyst EAGRAG CRYPTO. Amidst market turbulence, XRP has risen by 5.1% to $0.511, drawing attention to its potential. EAGRAG CRYPTO forecasts a remarkable increase of 1,000% to 3,000% for XRP, driven by its symmetrical triangle pattern evolving since 2017. This formation signals substantial growth potential, potentially propelling XRP's price to $10 to $30. Despite market uncertainties, EAGRAG CRYPTO remains confident in XRP's investment prospects, urging investors to seize the opportunity. They advise thorough research and consideration of risk tolerance before investing. Stay updated on XRP's journey in the dynamic cryptocurrency realm. #xrp #ripple #RippleXRP #BullorBear #bitcoinhalving
XRP is poised for a significant surge, according to a prediction by analyst EAGRAG CRYPTO. Amidst market turbulence, XRP has risen by 5.1% to $0.511, drawing attention to its potential. EAGRAG CRYPTO forecasts a remarkable increase of 1,000% to 3,000% for XRP, driven by its symmetrical triangle pattern evolving since 2017. This formation signals substantial growth potential, potentially propelling XRP's price to $10 to $30. Despite market uncertainties, EAGRAG CRYPTO remains confident in XRP's investment prospects, urging investors to seize the opportunity. They advise thorough research and consideration of risk tolerance before investing. Stay updated on XRP's journey in the dynamic cryptocurrency realm. #xrp #ripple #RippleXRP #BullorBear #bitcoinhalving
XRP Primed for a 3,000% Surge, Analyst Predicts. 🤑🚀
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
#xrp #ripple #RippleXRP #BullorBearn #bitcoinhalving
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
#xrp #ripple #RippleXRP #BullorBearn #bitcoinhalving
XRP Primed for a 3,000% Surge, Analyst Predicts. 🤑🚀
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
$XRP
#xrp #ripple #RippleXRP? #BullorBearn #bitcoinhalving
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
$XRP
#xrp #ripple #RippleXRP? #BullorBearn #bitcoinhalving
XRP Primed for a 3,000% Surge, Analyst Predicts. 🤑🚀
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
#xrp #ripple #RippleXRP #BullorBear #bitcoinhalving
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
#xrp #ripple #RippleXRP #BullorBear #bitcoinhalving
XRP Primed for a 3,000% Surge, Analyst Predicts. 🤑🚀
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
#xrp #ripple #RippleXRP #BullorBear #bitcoinhalving
In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%.
The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30.
Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds.
For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies.
#xrp #ripple #RippleXRP #BullorBear #bitcoinhalving
根据CryptoPotato的报道，2024年第一季度发生了67起黑客攻击事件，导致超过8.24亿美元的损失。其中，访问控制漏洞是最常见的攻击类型，造成了6.82亿美元的损失，占总损失的83%。这些损失分布在26起独立事件中，其中四起主要事件包括游戏平台Playdapp的2.9亿美元漏洞，Ripple联合创始人Chris Larsen的钱包被盗1.12亿美元，Orbit链桥被盗8000万美元，以及Web3游戏协议Munchables在Blast上被利用的6300万美元。Hacken的报告还指出，尽管第一季度的损失惊人，但大约4.44亿美元的资金已经成功恢复或冻结，相当于被盗金额的54%。这一恢复努力标志着行业对此类事件反应的显著进步。
#黑客攻击 #ripple #playdapp #orbit #hacken
#黑客攻击 #ripple #playdapp #orbit #hacken
📉🔄 XRP Price Recovery Could Soon Fade, These Are Key Levels To Watch 🔄📉
XRP's price struggles persist as it grapples to surpass the crucial $0.5140 resistance, facing hurdles in its recovery journey. To initiate a fresh upward trajectory, XRP must maintain support above the $0.4550 mark in the near term.
📉 Price Movement Overview:
- XRP is currently attempting a recovery wave above the $0.450 zone.
- However, the price remains below $0.550 and the 100 simple moving average (4 hours), indicating prevailing bearish sentiment.
- A key bearish trend line is forming with resistance at $0.5440 on the 4-hour chart of the XRP/USD pair.
- Should XRP fail to hold above the $0.4550 support, it may trigger further downside momentum, potentially leading to a close below this level.
🔴 Recent Performance and Potential Scenarios:
Following a period of steady gains, XRP struggled to breach the $0.6420 resistance and initiated a decline below $0.600, mirroring trends seen in Bitcoin and Ethereum. The price witnessed a sharp drop below the $0.500 support, ultimately testing the $0.3880 zone before embarking on a recovery wave.
📈 Potential Upside:
- Immediate resistance lies near $0.5140, followed by the 50% Fib retracement level at $0.540.
- A decisive close above the $0.540 resistance could signal a robust uptrend, with the next resistance at $0.600.
- Further bullish momentum might drive XRP towards the $0.6240 and $0.700 resistance levels.
📉 Potential Downside:
- Failure to breach the $0.5440 resistance could prompt another downward move.
- Initial support awaits near the $0.480 level, followed by the critical support at $0.4550.
- A close below $0.4550 could accelerate the downside momentum, potentially leading to a retest of the $0.420 support zone.
📊 Technical Indicators and Analysis:
- The MACD for XRP/USD is currently losing momentum in the bearish zone.
- The RSI for XRP/USD is below the 50 level, suggesting prevailing bearish sentiment.
📉💡 Stay tuned for further updates on XRP's price action! #XRP #CryptoTrading #TechnicalAnalysis 🔄📊$XRP #ripple
XRP's price struggles persist as it grapples to surpass the crucial $0.5140 resistance, facing hurdles in its recovery journey. To initiate a fresh upward trajectory, XRP must maintain support above the $0.4550 mark in the near term.
📉 Price Movement Overview:
- XRP is currently attempting a recovery wave above the $0.450 zone.
- However, the price remains below $0.550 and the 100 simple moving average (4 hours), indicating prevailing bearish sentiment.
- A key bearish trend line is forming with resistance at $0.5440 on the 4-hour chart of the XRP/USD pair.
- Should XRP fail to hold above the $0.4550 support, it may trigger further downside momentum, potentially leading to a close below this level.
🔴 Recent Performance and Potential Scenarios:
Following a period of steady gains, XRP struggled to breach the $0.6420 resistance and initiated a decline below $0.600, mirroring trends seen in Bitcoin and Ethereum. The price witnessed a sharp drop below the $0.500 support, ultimately testing the $0.3880 zone before embarking on a recovery wave.
📈 Potential Upside:
- Immediate resistance lies near $0.5140, followed by the 50% Fib retracement level at $0.540.
- A decisive close above the $0.540 resistance could signal a robust uptrend, with the next resistance at $0.600.
- Further bullish momentum might drive XRP towards the $0.6240 and $0.700 resistance levels.
📉 Potential Downside:
- Failure to breach the $0.5440 resistance could prompt another downward move.
- Initial support awaits near the $0.480 level, followed by the critical support at $0.4550.
- A close below $0.4550 could accelerate the downside momentum, potentially leading to a retest of the $0.420 support zone.
📊 Technical Indicators and Analysis:
- The MACD for XRP/USD is currently losing momentum in the bearish zone.
- The RSI for XRP/USD is below the 50 level, suggesting prevailing bearish sentiment.
📉💡 Stay tuned for further updates on XRP's price action! #XRP #CryptoTrading #TechnicalAnalysis 🔄📊$XRP #ripple
In the last trading session, there was a significant 5.1% surge in the value of the Ripple-dollar currency pair.
#Launchpad #GPT-4 #ExchangeWithKindness #Fed #ripple
#Launchpad #GPT-4 #ExchangeWithKindness #Fed #ripple
XRP Achieves a Two-Month High, Despite Crypto Market Consolidation
#Xrp rose to a two-month high on March 21, despite crypto markets mostly consolidating in today’s session. The token surged by as much as 25% on Tuesday.
XRP/USD hit an intraday peak of $0.4603 earlier in today’s session, a day after trading at a low of $0.3728.
As a result of Tuesday’s move, xrp has now moved to its strongest point since January 23, breaking out of a key resistance level in the process.
The digital currency XRP has recently reached a two-month high, despite the ongoing consolidation in the cryptocurrency market. This is a significant achievement for XRP, which has been struggling to gain momentum in recent months.
Despite the volatility and uncertainty in the crypto market, XRP has managed to maintain its upward trajectory. This is a testament to the resilience and potential of this digital asset, which has been gaining popularity among investors and traders alike.
Overall, the recent surge in XRP's price is a positive sign for the crypto market as a whole. It demonstrates that there is still significant demand for digital assets, despite the challenges and obstacles that the industry faces. As more investors and traders recognize the potential of XRP and other cryptocurrencies, we can expect to see continued growth and innovation in this exciting and dynamic space.
#coingabbar #crypto2023 #crypto #ripple
XRP/USD hit an intraday peak of $0.4603 earlier in today’s session, a day after trading at a low of $0.3728.
As a result of Tuesday’s move, xrp has now moved to its strongest point since January 23, breaking out of a key resistance level in the process.
The digital currency XRP has recently reached a two-month high, despite the ongoing consolidation in the cryptocurrency market. This is a significant achievement for XRP, which has been struggling to gain momentum in recent months.
Despite the volatility and uncertainty in the crypto market, XRP has managed to maintain its upward trajectory. This is a testament to the resilience and potential of this digital asset, which has been gaining popularity among investors and traders alike.
Overall, the recent surge in XRP's price is a positive sign for the crypto market as a whole. It demonstrates that there is still significant demand for digital assets, despite the challenges and obstacles that the industry faces. As more investors and traders recognize the potential of XRP and other cryptocurrencies, we can expect to see continued growth and innovation in this exciting and dynamic space.
#coingabbar #crypto2023 #crypto #ripple
