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XRP price is trading near a critical resistance level, with analysts closely monitoring the $2.60 mark. Crypto experts suggest that a breakout above this level, followed by a breach of $2.77, could pave the way for a sustained upward move. Resistance levels are currently set at $2.60, $2.85, and $5.85 in the long term, while…
The longstanding rivalry between the XRP and Bitcoin communities has taken a new turn, fueled by recent comments from legal experts and political figures. With tensions escalating, a well-known lawyer has shed light on what lies ahead in this ongoing battle. Trump’s Digital Asset Reserve Proposal Fuels Speculation The latest controversy stems from former U.S….
In the midst of ongoing market uncertainty, XRP, the native token of Ripple Labs, is drawing significant attention from crypto enthusiasts. The digital asset has exhibited bullish price action despite a slight daily decline, fueled by increased trading volume and substantial whale accumulation. Whales Purchase 60 Million XRP Tokens On February 17, 2025, a leading…
Ripple’s RLUSD stablecoin has seen an impressive surge in growth, surpassing a total supply of $120 million just two months after its launch. This rapid expansion signals its growing adoption, particularly on the XRP Ledger (XRPL), as it challenges Ethereum’s long-standing dominance in the stablecoin market. Launched with a strong regulatory framework, RLUSD quickly gained…
Ripple’s protracted legal battle with the U.S. Securities and Exchange Commission (SEC) has entered its fourth year, with no immediate resolution in sight. The SEC initially filed the lawsuit in December 2020, alleging Ripple violated securities laws by raising $1.3 billion through XRP sales. While a New York federal court ruled in favor of Ripple…
XRP traders are on edge as the cryptocurrency market experiences heightened volatility, and a significant liquidation risk looms over short sellers. According to the liquidation map for XRP, approximately $400 million worth of short contracts are positioned between the current price and the $2.70 mark. This concentration of short positions highlights a prevailing skepticism in…
Cryptocurrency analyst Dark Defender (@DefendDark) has recently shared a new technical analysis of XRP, suggesting the digital asset could be on the verge of a breakout. In his latest post on X, he highlighted key resistance levels, trend lines, and RSI movements that may shape XRP’s next move. What do you see?$XRP Incoming. pic.twitter.com/fcMNXt38JB —…
Ripple Labs, the company behind the XRP cryptocurrency, has made a bold entry into the stablecoin market with RLUSD. This new digital asset is designed to offer a secure and efficient alternative for payments and trading, particularly targeting institutional clients. With regulatory approval and a multi-blockchain approach, RLUSD is positioning itself as a serious competitor…
XRP has caught the attention of investors with a meteoric rise of over 500% between November 2024 and January 2025. However, recent market downturns have left the token with a 30% loss, bringing its price down to $2.36. Despite this, market experts remain bullish on XRP’s future, with a price prediction that sees the coin…
In his latest market analysis, prominent analyst Steph highlighted an intriguing development within the XRP market, which stands out despite the broader crypto market’s massive corrections. The bullish outlook comes as XRP forms a crucial technical pattern— the weekly hammer candlestick— signaling potential future price movements. This is only the third time in #XRP’s history…