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Showing posts with the label ripple xrp

Ripple Hits Record XRP Millionaires as it Rides 10% Weekly Surge

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Ripple has recently reached a record in XRP millionaire as it continues to ride what has been a 10% weekly surge. Indeed, crypto analytics firm Santiment has noted that addresses with a million XRP have reached a new all-time high. Moreover, it noted that the more than 2,013 addresses have been increasing over the last six weeks, rising 1.3%. That has coincided with positive performances for the asset over the last several days. Although it is currently down more than 3% and trading at $0.53, it is riding a seven-day green streak according to CoinMarketCap. Its continued increases seemingly began with the arrival of the Bitcoin Halving Event on April 19th. Also Read: Ripple: XRP Forecasted to Hit $1 Following Bitcoin Halving XRP Millionaires Reaches All-Time High Throughout the year, a lot of cryptocurrency investors had high hopes for Ripple (XRP). The asset has one of the most promising growth trajectories due to its relevance to cross-border payments and all Ripple Labs...

Ripple: CEO Says XRP Is Critical to 3-Year Growth Plan

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Despite the asset’s difficulty within the current market, Ripple Labs CEO Brad Garlinghouse has noted that XRP remains a critical part of the company’s 3-year growth plan. Indeed, speaking with Fox Business, Garnlinghouse noted that the digital asset would combine with the impending stablecoin, and market expansion to define how the company perceives its growth strategy over the next several years. Over the last month, XRP has struggled to gain any momentum. Over the last month, the asset has decreased more than 13% according to CoinMarketCap. Moreover, it has been able to break away from the $0.50 mark, and many are hopeful that the impending Bitcoin Halving Event could help jumpstart a possible movement upward. Also Read: Ripple & SEC Settlement Rumored as XRP Falls; Is a Rally Close? Ripple CEO Notes XRPs Vitality to Growth Plan Amid its ongoing legal battle with the US Securities and Exchange Commission (SEC), Ripple has struggled over the last month. ...

Ripple XRP: Historical Trend Hints at 30% Surge in April

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After a bearish slump over a few weeks, Ripple XRP is back in the green and has more room to grow according to historical trends. At press time, XRP is up 4% in the last 24 hours and 8% in the past week, trading at $0.6498. With analysts expecting this rebound as March comes to a close, all eyes are on how Ripple XRP will perform in April. Based on XRP’s historical performance around this time in the past, some holders expect as much as a 30% surge in April. According to data from CryptoRank, April historically brings good for XRP, with an average monthly return of 31%. With next month also featuring the Bitcoin Halving, XRP is expected to join all cryptocurrencies in receiving a notable pump from BTC as well. Source – Tin Tức Bitcoin Looking back at XRP’s price history reveals a mixed but predominantly positive outlook. While April 2022 and April 2023 witnessed declines in XRP’s value, the years 2019, 2020 and 2021 brought significant gains. Notably, 2021 r...

Ripple (XRP) Reversal Preparing for $3 Price After Bitcoin Halving

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The digital asset market may have faced a steep correction this week, but a plethora of assets have maintained optimism. Among them is Ripple (XRP) which could have a reversal preparing it for a $3 price after the highly-anticipated Bitcoin Halving event. The event will see the circulating supply of Bitcoin (BTC) be cut in half. Moreover, it is expected to take place on April 19th. With XRP setting up to reverse from a recent downtrend, it could be placing itself in the perfect position to benefit from the positive market sentiment that that halving will undoubtedly bring. Also Read: XRP to the Moon? Will Ripple Steal Ethereum’s Crown Amid SEC Drama?  Ripple Reversal Placing $3 Post-Halving Price in View? Throughout the first three weeks of March, the digital asset market has seen massive gains across the board. Bitcoin saw its price reach an all-time high of $73,000 almost halfway into the month, setting the stage for plenty of coins to benefit. However, the last week has...

Ripple XRP Predicted to Reach $1 in April: Here's Why

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Ripple XRP has steadied after a rapid incline over the past week. The token is up 11% in the past week and has surged 30% in the past month. Based on its recent climb, analysts predict that XRP may be on its way to $1 by April. Despite the overall cryptocurrency rally cooling down, many price predictions are predicting a rebound for altcoins in April, including XRP. At press time, Ripple’s native token is trading at $0.6859, but projections see the token rebounding past $7 to nearly $1. With XRP breaking out above $.68, current price charts indicate a new threshold for the token to hit above $.69. If the token breaks that resistance, there’s no telling how high the asset could climb. Source: WatcherGuru The recent surge for Ripple XRP is late for some investors, as the rest of the altcoin market has been rising for the past two months. However, XRP is gaining ground, with interest in the asset growing exponentially as of late. Despite being down since yesterday...

Ripple CEO Says SEC Already Lost; What This Means for XRP

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Speaking to Bloomberg about the ongoing lawsuit, Ripple CEO Brad Garlinghouse has said the US Securities and Exchange Commission (SEC) has already lost, which could have massive repercussions on the price of XRP. In addition, he addressed the meaningful court developments, and what they mean for the ongoing litigation. In the interview, Garlinghouse stated that the SEC has lost the Ripple case “on anything they cared about.” Specifically, he referenced the court ruling that indicated XRP is not a sec urity. Moreover, Ripple’s head noted that a conclusion to the lawsuit will depend on the government agency and its resolve in what he deems a losing fight. Source – PYMNTS.com Also Read: Ripple XRP February End Price Prediction Ripple CEO Says SEC Lost In “Anything They Cared About” For the last several years, the SEC and Ripple have been engrossed in a massive lawsuit. Both sides have dug in their heels, with the digital asset market anxious...

Ripple (XRP) Trading Volume Up Nearly 70% as Price May Follow

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Amid what has been a volatile turn of events for the digital asset, Ripple (XRP) has seen its trading volume increase by nearly 70% as its price may follow. Specifically, data from CoinGlass has sown a 68.2% surge in trading volume over the past 24 hours alone. Subsequently, that increase has led to a trading volume total of more than $867 million. Additionally, CoinMarketCap has noted that the 24-hour spot market volume for XRP has eclipsed $837 million. Therefore, the combined trading volume figures have easily exceeded $1 billion with interest regaining. Also Read: Ripple: XRP May Reach $5 in 90 Days, Analyst Highlights Profit Window Ripple (XRP) Sees Trading Volume Surge as Price Seeks to Reverse Upward During the final months of 2023, Ripple experienced a plethora of anticipation as to how it could perform in the coming year. Many expected its legal troubles, like its years-long lawsuit from the US Securities and Exchange Commission (SEC) to finally conclude. However, ...