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Leading altcoin XRP is currently hovering around the $0.61 mark on Monday and is struggling to climb above $1. The last XRP touched $1 was in November 2021 and it’s been nearly three years since it reclaimed the spot. The downward price trajectory is testing the patience of investors as it is delivering little to no profits. Also Read: US Dollar Gives a Major Blow To BRICS Nations’ Currencies Investors are sitting on losses with Ripple ’s native token while other cryptocurrencies are generating profits. The Ripple vs SEC lawsuit is also dampening XRP’s price prospects making it harder to breach the $1 mark. In this article, we will highlight when the Ripple ’s native token could climb above the $1 milestone. When Will XRP Breach $1? Source – CryptoTicker Leading on-chain metrics and price prediction firm Changelly has painted a bullish picture for Ripple ’s native cryptocurrency. According to the price prediction, XRP could climb above the $1 mark ne...

Ripple (XRP) has always been at the center of heavy scrutiny and attention over the last two years. Ripple’s ongoing war with the US Securities and Exchange Commission has further pushed the XRP narrative to new levels, bringing in heavy-weight speculation towards the token.  In the midst of it all, several analysts are busy outlining prescient signs and signals, hinting at XRP’s prophetic price recovery.  Also Read: Ripple XRP to Hit $1.4: Here’s When XRP $1 Prophecy: The Japan Connection  Ripple ’s recent alliance with Hashkey Group and SBI Group is being dubbed a monumental feat for the token. With this alliance, Ripple is expanding its ecosystem in Japan, triggering analysts on X to forecast bullish predictions.  Per XRP Captain, a notable cryptocurrency analyst, XRP had earlier entered into a bullish phase in 2017, following the firm’s decision to explore and expand bases in Japan.  He shared how Ripple’s...

In a recent significant development, a US judge handed down a ruling that determined Ripple ’s XRP should not be classified as a security. However, the lawsuit still keeps dragging on with no proper closure date. As a result of this pivotal decision, the price of XRP experienced a remarkable surge in the market. However, the surge was short-lived. XRP’s price has not been quite as high as compared to other altcoins. XRP is trading at $0.6134, with a 1% spike in value over the past 24 hours. XRP is up 4.3% over the last 7 days and down 1% in the last 30 days. Here is our price prediction for Ripple XRP for mid-April. Also read: Dogecoin Weekly Prediction: Can DOGE Surge 50% To Hit $0.3? Source: CoinGecko Ripple price prediction for mid-April 2024 Cryptocurrency experts at Changelly have given their price prediction for Ripple XRP for mid-April. According to the analysts, XRP is forecast to reach a minimum of $0.622 and a maximum of $0.838. The average price of XR...

As the broader crypto sector claws back from multimonth lows, some Ripple XRP analysts are casting wildly optimistic longer-term visions. However, huge questions hang over the forecasts, eyeing hundreds of dollars per token within two decades. Crypto exchange Changelly published suggestions this week that XRP could conceivably reach between $394 and $594. Such prices represent a 78,000% leap from current levels languishing around $0.53. Achieving even the lower end of that target implies XRP market capitalization multiplying over 1,400 times to surpass $20 trillion. Presently, the entire crypto market cap totals less than $1.63 trillion. Also read: Shiba Inu (SHIB) Forecasted To Reach $0.001: Here’s When When can XRP hit $394 and $594? Changelly offers a potential timeline, with Ripple XRP revisiting $1 next year on its way to double digits by 2031. According to the analysts, XRP is likely to hit $394 by 2040. Additionally, the coin could hit $594 by 2050. When pre...

The cryptocurrency markets seem to be stagnating over the last few days. After briefly crossing the $44k earlier this month, Bitcoin (BTC) has pulled back to around $41k. Ripple ’s XRP token is also displaying a similar pattern. However, investors hope the markets will rally on Christmas day. According to Changelly, XRP’s price could surge to $0.71 this Christmas. The price increase would translate to a growth of around 18.3% from current levels. Moreover, the platform anticipates Ripple ’s XRP to continue surging for the rest of the month, hitting $0.80 on Dec. 30, a price increase of nearly 33% from current levels. Also Read: Ripple XRP Forecasted To Surpass its ATH of $3.40, Here’s When CoinCodex also paints a bullish picture for XRP for the rest of this month. According to the platform, XRP could reach a price of $0.68 on Christmas day, rallying by about 13.3% from current levels. Moreover, the platform expects XRP to hit $0.78 on Dec. 31, 2023, rallying...

XRP may need to undergo a short selloff period before confirming the upside continuation setup as whales demonstrate bullishness. XRP (XRP) price may rally over 20% in the coming weeks thanks to a classic bullish continuation setup. XRP price enters bull flag breakout stage The so-called bull flag pattern develops when the price consolidates inside a parallel channel after a strong uptrend. It resolves after the price breaks above the upper trendline with convincing volumes and rises by as much as the previous uptrend's height. As of Nov. 26, XRP was trading above its bull flag's upper trendline, albeit accompanying weaker volumes. That technically indicates a weaker conviction among traders about XRP's bullish continuation.  XRP/USD daily price chart. Source: TradingView The duration of traders' indecisiveness could have XRP price test the flag's upper trendline as support. That means a decline toward $0.59, coinciding with a historical support level and the ...

Bitcoin and select altcoins are showing strength, a possible sign that the bull trend has resumed. Bitcoin (BTC) succumbed to profit-booking on Nov. 13 and 14, which pulled the price below $35,000. Corrections are a normal part of every up-move and are considered healthy as they shake out the weak hands and allow the stronger hands to add to their positions.  A note of caution to the eager dip buyers is that Glassnode data shows the number of whale wallets with more than $1,000 Bitcoin dropped to its lowest level in about a month. This indicates that some whales may have sold into the recent strength. Daily cryptocurrency market performance. Source: Coin360 DecenTrader co-founder Filbfilb said in an interview with Cointelegraph that a drawdown could come before the rally leading into Bitcoin halving in April 2024. Filbfilb believes Bitcoin could pick up pace after that and reach $46,000 to $48,000 by halving. Could Bitcoin and the select altcoins resume their uptrend, or will higher l...

In a press release dated Oct. 24, Ripple, the blockchain-based digital payment network, announced its partnership with Uphold. The partnership is said to provide Ripple with improved crypto liquidity capabilities. Preparing for what the future holds As part of the press release, Uphold Chief Executive Officer Simon McLoughlin expressed his enthusiasm for being a vital contributor to Ripple’s service for businesses engaged in cross-border payments.  BIG NEWS: @Ripple Forges New Partnership with Uphold to Enhance Underlying Crypto Liquidity Infrastructurehttps://t.co/1gJh95KDTQ pic.twitter.com/FLSDQxO0co — Uphold (@UpholdInc) October 24, 2023 Uphold’s platform boasts an automated, high-frequency trading stack that integrates with 30 underlying trading venues, which in turn enables the provision of deep liquidity, multiple transaction execution options, and competitive spreads. BIG #Ripple News!@Ripple has chosen @UpholdInc to provide enhanced crypto...

Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets' expectation. Buyers are finding it difficult to maintain Bitcoin (BTC) price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for a 0.3% increase. This shows that the inflation pressures are unlikely to ease in a hurry for the United States economy. The uncertain near-term environment has shifted analysts’ focus to November and the upcoming halving event expected in April 2024. Crypto analyst Miles Deutscher cited a chart from CryptoCon and said that if history repeats itself, then Bitcoin may turn up by November 21 and start its journey higher to the next halving. Daily cryptocurrency market performance. Source: Coin360 Going further ahead to 2026, BitMEX founder Arthur Hayes is even more bullish. While speaking as a guest on Impact Theory with Tom...

This move has sparked speculation about its potential impact on XRP’s price. A recent substantial purchase of Ripple’s XRP (XRP) token has been detected by the crypto tracking platform Whale Alert. Whale Alert reported a transfer of 66,666,659 XRP, worth approximately $33,065,809, from Binance to an undisclosed wallet. The move has sparked speculation about its potential price impact. In the XRP ecosystem, there have been recent  transfer s of substantial amounts of XRP into secure escrow accounts by Ripple. Notably, 300,000,000 XRP, worth roughly $146,927,854, and an additional 500,000,000 XRP, worth roughly $244,748,526, have been placed in escrow. 66,666,659 #XRP (33,065,809 USD) transfer red from #Binance to unknown wallethttps://t.co/OwwbvEdBNs — Whale Alert (@whale_alert) September 2, 2023 The moves come amid the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC). Ripple’s legal representatives have recently issued a re...

Also Read: Microsoft Partners With Aptos Labs For AI And Web3 Fusion, APT Token Spikes 18% advertisement US SEC’s Appeal May Fall Short: Attorney Analyzing the Summary Judgment by Judge Torres in the historic July 13, 2023 ruling, Deaton said there was no evidence to support the Third Howey Test, which states that “a person invests his money in a common enterprise and is led to expect profits.” He added that the US SEC would still face a hurdle when it comes to satisfying the common enterprise part. Attorney Deaton said he even offered to bet that the verdict will not be overturned. “I’m willing to bet a significant sum that she (Judge Analisa Torres) won’t be overturned.” Concerns of a possible appeal by the SEC grew when the agency’s lawyers said they intend to seek a review of the XRP ruling after Kwon cited Judge Torres’ ruling as a precedent. Recommended Articles ...

XRP Price Eyes Bullish Breakout As SEC-Ripple Hype Fades Many investors anticipated a massive breakout following the partial ruling in the Ripple vs. SEC lawsuit, which determined that XRP is not a security when sold on third-party exchanges like Coinbase and Binance. advertisement Although the initial breakout propelled XRP price to $0.93, profit-booking and a dilapidated crypto market environment saw gains to trimmed to $0.60. Data by Coinglass on the XRP derivatives market reveals a drop in open interest to $786.81 million from slightly above $1 billion around mid-July. XRP Open Interest | Coinglass Based on on-chain data from the XRP SCAN, daily network transactions have continued to move sideways around $1 million for at least 12 months, implying that the cross-border payments token has not improved fundamentally. Recommended Articles Crypto P...