XRP News Archives - Page 2 of 9

XRP Poised for Surge Above $13 on Complex Elliott Wave Pattern, Analyst Claims

28Mar

By OLAJIDE SAMUELNo Comments

XRP News

XRP Poised for Surge Above $13 on Complex Elliott Wave Pattern, Analyst Claims

Chartered market technician Tony Severino predicts a significant price increase for XRP, citing a multi-year Elliott Wave pattern. XRP has remained stagnant at around $0.6 despite a recent market recovery. Severino's analysis uses a monthly chart highlighting a complex structure of Elliott Wave patterns influencing XRP since 2013. The current price action aligns with a specific five-wave pattern initiated in 2013. https://twitter.com/tonythebullBTC/status/1772280761170751653 Read Also: Black Swan Capitalist Co-Founder Urges XRP Holders to Remain Steadfast Amid Calls to Sell XRP's Multi-Year Elliott Wave Journey Wave 1 (Dec 2013): Price rallied to $0.06144 before encountering resistance. Wave 2 (Aug 2014): Price corrected significantly, reaching a low of $0.00478...

XRP Lags Behind Crypto Rally, But Analysts Remain Bullish

14Mar

By OLAJIDE SAMUELNo Comments

XRP News

XRP Lags Behind Crypto Rally, But Analysts Remain Bullish

XRP underperforms while other cryptocurrencies soar in the ongoing bull market. Data shows 62 of the top 100 coins have outperformed XRP in the past year. Analyst Bill Morgan highlights the discrepancy, but Zach Rector remains optimistic about XRP's future, citing its strong fundamentals and potential. Read Also: Cardano (ADA) Sees Surge in Network Activity and DApp Engagement Amid Crypto Market Resurgence XRP's Moderate Gains Up 45% since October 2023. Pales in comparison to competitors: Binance Coin (BNB) - 188% surge. Solana (SOL) - 665% increase. Cardano (ADA), Dogecoin (DOGE), and Avalanche (AVAX) - all over 200% gains. Frustration Among XRP Enthusiasts: XRP is missing out on market-wide gains. Analyst's Optimism: Zach Rector believes the ...

XRP Community Divided Over Governance Proposal, but XRPL Ledger Stays Strong

30Jan

By OLAJIDE SAMUELNo Comments

XRP News

XRP Community Divided Over Governance Proposal, but XRPL Ledger Stays Strong

The XRP community finds itself embroiled in a heated debate surrounding a proposed restructuring of the XRPL Foundation (XRPLF) membership and governance procedures. While the details of the proposal remain contentious, some infrastructure providers view it as a potential power grab by Ripple, adding a layer of speculation to the discussion. Read Also: Terra Classic: Can a Fallen Giant Reclaim its Glory? Despite the internal conflict, the XRPL Ledger itself exhibits robust performance. Data reveals 629 active nodes and 132 validators, with the majority running the latest Ripple software. Furthermore, the network boasts impressive metrics – 2,500 new XRP accounts in two days, over 1.4 million successful transactions, and a consistent transaction speed of 44 per second. This con...

Bullish Signs Spark on XRP Chart: Potential for a Price Rally in the Making?

16Jan

By Adaralegbe Tosin MNo Comments

XRP News

Bullish Signs Spark on XRP Chart: Potential for a Price Rally in the Making?

XRP, the sixth-largest cryptocurrency by market capitalization, has been hinting at a potential shift in momentum, sparking excitement among bulls in the market. After struggling below the $0.6 resistance level since early January, recent price action suggests a possible bullish swing on the horizon. Read Also: Terra Classic Price Prediction: Challenges and Potential in 2024 Recent Observations Despite a 1.9% decline in the past 24 hours and a 9.1% drop in the last 14 days, XRP's chart shows encouraging signs. The appearance of green candles indicates successive days of positive price action, suggesting increasing bullish sentiment. XRP has surpassed the 200-day Exponential Moving Average (EMA), a potentially bullish signal. Hints of a potential breakthrough above the 100...

XRP Community Ablaze with Speculation as EGRAG CRYPTO Predicts Potential Surge to $220

10Jan

By OLAJIDE SAMUELNo Comments

XRP News

XRP Community Ablaze with Speculation as EGRAG CRYPTO Predicts Potential Surge to $220

In a recent revelation, crypto analyst EGRAG CRYPTO, known for his precise technical analyses, has sent shockwaves through the XRP community with a bold prediction. Drawing an analogy to the explosive energy of a Gamma-Ray Burst (GRB), EGRAG CRYPTO forecasts a potential astronomical leap in XRP's price, reaching as high as $220. Read Also: SEC's Reliance on Terra Case Sparks Debate in Binance and Coinbase Lawsuits https://twitter.com/egragcrypto/status/1744629963905540477?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1744629963905540477%7Ctwgr%5E48c333b64e525acabb635c8f228f9a9ad75b3041%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftimestabloid.com%2Fanalyst-xrp-is-primed-for-39185-rally-to-220-with-gamma-ray-burst%2F The Reason for EGRAG CRYPTO Bullishness towards XRP The basis fo...

XRP Price Predictions Post-Bitcoin Halving: Google Bard Envisions Surge to $46.5 Amid Bullish Market Factors

6Jan

By CryptolifedigitalNo Comments

XRP News

XRP Price Predictions Post-Bitcoin Halving: Google Bard Envisions Surge to $46.5 Amid Bullish Market Factors

The recent surge in Bitcoin's price towards the $45,000 range, followed by a decline to $40,500, has sent ripples across the broader crypto market, setting the stage for speculation about the potential impact on altcoins. With Bitcoin's 2024 halving looming just four months away, various projections for its price have surfaced, with Matrixport predicting $125,000 and Uphold's head of research, Martin Hiesboeck, forecasting $200,000. The implications of meeting these targets could trigger a broader market bull run, raising questions about the potential trajectory of XRP. Read Also: Terraform Labs CEO Chris Amani Foresees Strong Revival for Terra Ecosystem, Boosting Terra (LUNA), Terra Classic (LUNC), and USTC Google Bard's Insights into XRP's Post-Bitcoin Halving Price In a bid to gai...

XRP’s Soaring Potential: Analyst Predicts Explosive Rise Amid Legal Victories

5Jan

By CryptolifedigitalNo Comments

XRP News

XRP’s Soaring Potential: Analyst Predicts Explosive Rise Amid Legal Victories

Renowned crypto analyst EGRAG CRYPTO has painted a bullish outlook for XRP, suggesting that the cryptocurrency could be on the verge of an explosive surge. The primary driver behind this optimism is attributed to XRP's "unparalleled legal regulatory clarity," stemming from the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC lawsuit, currently in the penalties phase, has seen Ripple secure three consecutive victories, fueling optimism in the XRP community. EGRAG CRYPTO envisions multiple scenarios for XRP's trajectory based on the lowest price of the current cycle, $0.28. XRP's Prediction Read Also: Ethereum Distribution Anticipation Grows as ICE Signals Imminent Launch Scenario A (40x Surge): The analyst predicts a potential 40x surge from $0.28...

Crypto Advisor Nerayoff Optimistic About XRP’s Bull Market Potential

4Jan

By OLAJIDE SAMUELNo Comments

XRP News

Crypto Advisor Nerayoff Optimistic About XRP’s Bull Market Potential

In a recent analysis, prominent crypto advisor Steven Nerayoff expressed optimism about the prospects of XRP in the ongoing bull market, attributing the recent surge to Ripple's legal victory against the United States Securities and Exchange Commission (SEC). According to Nerayoff, the legal clarity provided by the court ruling has alleviated uncertainty, initiating a favourable market trend for XRP. Read Also: Ripple Secures VASP License in Ireland, Expanding Financial Operations Ripple achieved a partial victory against the SEC last year when a federal judge declared that XRP does not qualify as a security, challenging the regulator's claims. Nerayoff contends that the current bull market serves as a catch-up period for XRP, which missed out on the previous market surge due to the ...

Crypto Analyst Ben Armstrong Encourages Patience as XRP Awaits Uptrend

31Dec

By Daniel AbangNo Comments

XRP News

Crypto Analyst Ben Armstrong Encourages Patience as XRP Awaits Uptrend

In a recent YouTube video, prominent crypto analyst Ben Armstrong addressed concerns surrounding XRP's underperformance, urging investors to exercise patience amidst a challenging market backdrop. Armstrong acknowledged XRP's historical struggles but argued against hasty sell-offs, emphasizing the impact of broader market conditions on the token's price movements. Armstrong's Analysis One key point of discussion in Armstrong's video was XRP's inability to sustain bullish momentum after the resolution of its legal disputes. While some critics pointed to XRP's perceived lacklustre performance compared to tokens like Solana (SOL) and Avalanche (AVAX), which experienced over 100% gains, Armstrong cautioned against making direct comparisons. Drawing parallels to Ethereum's delayed ascent in p...

Crypto Analyst Boldly Predicts XRP Price to Reach $352: Mooning in 2024?

27Dec

By Onche Michael ONo Comments

XRP News

Crypto Analyst Boldly Predicts XRP Price to Reach $352: Mooning in 2024?

In a bold prediction that has stirred excitement within the XRP community, a crypto analyst from the JWK Show channel on YouTube has suggested that the price of XRP could potentially skyrocket to an astonishing $352. The analyst arrived at this ambitious figure using an XRP calculator based on a valuation model developed by Susan Athey, a member of Ripple's board, and Robert Mitchnick, a former employee of the crypto firm. Read Also: Terra Classic Meme Contest 2023: Unleash Your Creativity and Humor in the Crypto World! XRP Price Projection Methodology The crypto analyst inputs various metrics, including transaction volume, circulating supply, store of value, and transaction processing time, into the XRP calculator. The calculated result pointed to a potential future price of $352. It...