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Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand

Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP DemandRipple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance […]

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Analyst Unveils Huge Price Targets for XRP, Says Altcoin Looks Undervalued After Massive Breakout

Analyst Unveils Huge Price Targets for XRP, Says Altcoin Looks Undervalued After Massive Breakout

A closely followed crypto strategist believes payments altcoin XRP is primed to witness much higher prices after breaking out from a nearly seven-year holding pattern. Analyst Ali Martinez tells his 96,200 followers on the social media platform X that he thinks XRP could print gains of at least 245% from current prices before the bull […]

The post Analyst Unveils Huge Price Targets for XRP, Says Altcoin Looks Undervalued After Massive Breakout appeared first on The Daily Hodl.

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Crypto Volatility Strikes: XRP, ADA Suffer Double-Digit Losses Over 7 Days

Crypto Volatility Strikes: XRP, ADA Suffer Double-Digit Losses Over 7 DaysXRP’s 7-day loss reached 14%, while Cardano’s ADA led the top ten coins with a 19% negative price movement. XRP and ADA Record Double-Digit Weekly Losses On Tuesday, Dec. 10, XRP briefly dropped to $2.14, an almost 20% plunge from its Monday peak of $2.61. The decline mirrored a broader market correction, as bitcoin (BTC) […]

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Price analysis 12/9: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX

Bitcoin’s failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

Bitcoin (BTC) has pulled back near $98,000, indicating that the bears continue to fiercely defend the $100,000 level. CryptoQuant contributor Maartuun said in a post on X that long-term holders offloaded 827,783 Bitcoin since Nov. 8. He also highlighted several other signals in the thread, which suggest that Bitcoin may be close to a top.

However, there is no stopping MicroStrategy, one of the largest corporate holders of Bitcoin, which continues to build its stockpile. The firm said it bought 21,550 Bitcoin between Dec. 2–8 at an average price of $98,783. MicroStrategy co-founder and former CEO Michael Saylor told Yahoo Finance that he would be “buying the top forever.”

Daily cryptocurrency market performance. Source: Coin360

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XRP price to $5 next? 3 charts suggest that the historic rally isn’t over

XRP price data indicates that the current correction is a buy-the-dip opportunity for whales and displays the altcoin’s potential to move higher.

XRP (XRP) price has dropped significantly over the last seven days, dipping as low as $2.16 on Dec. 5. Its price is down as much as 16% from its multi-year highs of around $2.90 to the current levels of about $2.39.

XRP/USD daily chart. Source: Cointelegraph/TradingView

Despite the pullback, there are three data points supporting XRP’s upside, including whale accumulation, increased network activity and a strong market setup.

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XRP Technical Analysis: Could $2.91 Be the Launchpad for a Rally to $3.50?

XRP Technical Analysis: Could .91 Be the Launchpad for a Rally to .50?XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors. XRP On the daily chart, XRP showcases a strong bullish […]

5 times crypto appeared in pop culture in 2024

Analyst Says XRP Primed To Hit Price Last Seen Over Six Years Ago, Predicts Old Altcoins Reaching Record Highs

Analyst Says XRP Primed To Hit Price Last Seen Over Six Years Ago, Predicts Old Altcoins Reaching Record Highs

A closely followed crypto strategist believes XRP is gearing up for bullish continuation after rallying hard last month. Pseudonymous analyst Credible tells his 446,700 followers on the social media platform X that he’s keeping a close watch on XRP in its Ethereum pair (XRP/ETH). According to the analyst, his initial target for XRP/ETH would bring […]

The post Analyst Says XRP Primed To Hit Price Last Seen Over Six Years Ago, Predicts Old Altcoins Reaching Record Highs appeared first on The Daily Hodl.

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Trader Peter Brandt Unveils ‘Most Powerful Chart’ in Crypto, Sees a Large-Cap Coin Potentially Following Suit

Trader Peter Brandt Unveils ‘Most Powerful Chart’ in Crypto, Sees a Large-Cap Coin Potentially Following Suit

Veteran trader Peter Brandt believes a large-cap altcoin that’s been surging as of late has one of the most bullish charts in crypto. Brandt tells his 760,700 followers on the social media platform X that cross-border payments solution XRP is in the midst of a massive breakout. The trader shares a chart suggesting that XRP’s […]

The post Trader Peter Brandt Unveils ‘Most Powerful Chart’ in Crypto, Sees a Large-Cap Coin Potentially Following Suit appeared first on The Daily Hodl.

5 times crypto appeared in pop culture in 2024

XRP’s $149B Power Play: Tokenization, Defi, and a Regulated Stablecoin 

XRP’s 9B Power Play: Tokenization, Defi, and a Regulated Stablecoin XRP, with a market cap of $149 billion, isn’t just a heavyweight in cryptocurrency—its distributed ledger network has been diving headfirst into tokenization and decentralized finance (defi). Meanwhile, Ripple is turning heads with the forthcoming launch of its much-anticipated stablecoin, ripple usd (RLUSD). A Focus on RLUSD and Defi Marks Strategic Shift for XRP Ledger […]

5 times crypto appeared in pop culture in 2024

Bullish Power Surge or Fading Flame? XRP’s $2.60 Resistance in the Spotlight

Bullish Power Surge or Fading Flame? XRP’s .60 Resistance in the SpotlightXRP’s current trading performance reflects a tug-of-war between bullish momentum and short-term corrections, with its price resting at $2.56. XRP On the 1-hour chart, XRP experienced an intraday price swing between $2.46 and $2.621, driven by strong buying and selling activity as evidenced by a volume spike near the day’s peak. However, subsequent profit-taking led […]

5 times crypto appeared in pop culture in 2024