Ripple (XRP) has repeatedly bounced off the 100-day SMA ($0.88) in the past few days, indicating that bulls are aggressively defending the support. The bulls will now try to push the price above the overhead resistance zone between the 20-day EMA ($1.02) and the 50-day SMA ($1.10)...
If they manage to do that, it will suggest that the correction could be over. The XRP/USDT pair could then rise to $1.41 where bears may again mount a stiff resistance. The downsloping 20-day EMA and the RSI in the negative zone indicate that bears are in control. If the price turns down from the 20-day EMA, the pair could drop to the 100-day SMA. If this level holds, the pair may remain stuck between the moving averages for a few days. The next leg of the down move could begin if bears sink and sustain the price below the 100-day SMA. That could clear the path for a possible drop to $0.69.
Ripple (XRP) plunged and closed below the Sept. 7 intraday low at $0.95 on Sept. 20, suggesting that supply exceeds demand. The moving averages have completed a bearish crossover and the RSI is in the negative zone, indicating that bears have the upper hand. The current relief rally is likely to hit a hurdle at the 20-day EMA ($1.06)...
If the price turns down from this resistance, it will indicate that traders continue to sell on rallies. The bears will then attempt to resume the down move. If the price slips below $0.85, the XRP/USDT pair could drop to the next support at $0.75. The bulls will have to push and sustain the price above the overhead resistance zone at $1.07 to $1.13 to indicate strength.
Ripple (XRP) is currently stuck between the moving averages. The failure of the bulls to push the price above the 20-day EMA ($1.13) has attracted profit-booking from short-term traders. The 20-day EMA has turned down and the RSI has dipped below 45, suggesting that bears have the upper hand. If sellers pull the price below the 50-day SMA ($1...
03), the XRP/USDT pair could challenge the Sept. 7 intraday low at $0.95. A break and close below this support will suggest that the uptrend could be over. That may open the doors for a further slide to $0.75. This negative view will invalidate if the price bounces off the current level and rises above the 20-day EMA. The bulls will then try to push the price to the overhead resistance zone at $1.35 to $1.41.
Although bears successfully defended the 50-day SMA ($0.67) on July 26, they could not pull XRP back below the 20-day EMA ($0.62). This suggests that bulls are accumulating on dips. Sustained buying from the bulls today has pushed the XRP/USDT pair above the 50-day SMA for the first time since May 19. If buyers can clear the hurdle at $0...
75, the pair will complete a double bottom pattern. This setup has a target objective at $1. The 20-day EMA is attempting to turn up and the RSI has risen above 62, indicating that the path of least resistance is to the upside. Contrary to this assumption, if the price turns down from $0.75, the bears will again try to sink the price below the 20-day EMA. If they succeed, the pair may extend its consolidation between $0.50 and $0.75 for a few more days.
XRP rose more than 30% on Monday amid positive news and overall growth in the crypto market. Foreign regulators have refused to help the US Securities and Exchange Commission (SEC) in the case against Ripple. The agency sent appeals after the company did not provide documents on the transfers of XRP tokens abroad...
At the end of last week, the fourth cryptocurrency managed to hold above the iconic level of $ 1, from which there was a rebound.
XRP approached the $ 2 mark, but then began to decline, falling below $ 1.60. Meanwhile, the CTO of Ripple said it was time to seriously think about selling cryptocurrencies. XRP's rise comes despite Ripple's ongoing litigation with the US Securities and Exchange Commission (SEC)...
Despite a series of intermediate victories for Ripple, lawyers believe that it is too early to talk about the company's unconditional triumph over the regulator. Against the background of the fact that the Ripple company itself is experiencing a turning point in its history, its CTO David Schwartz recommended that cryptocurrency market participants seriously think about fixing part of the profits received in recent months from the sharp rise in crypto assets.
XRP soared in price by 91% over the week and is trading around $ 1.35 amid another success of lawyers in the fight against the SEC of Ripple...
The continued growth of the S&P 500 is likely to support momentum for Bitcoin in the future, while overall, the benchmark cryptocurrency is at a critical juncture for the future prospects of the coin and the market as a whole. The acceptance of the asset by institutional players does not allow the market to slide into a correction.
When the ripple fell to $0.170 at the very end of December 2020 due to the claims of the Securities and Exchange Commission (SEC), many gave up on it. However, on April 7, at the high, the price of this altcoin reached $1.108, showing a 550% gain since the the year started. Its capitalization also grew during this time, rising from 1.40% to 2.42%...
The reason for this rally, especially in the last week, was the news that ripple's lawyers have gained access to the SEC documents and are making serious progress in litigation with this powerful regulator.
The star of the latest episode of the altcoin rally was the XRP token. As negative prospects drew the coin in recent months after the start of the lawsuit with the SEC, the rebound of the token has become just as widespread after the news that Ripple lawyers are still achieving success in the confrontation with the SEC...
Lawyers secured the right to gain access to SEC documents, in which BTC and ETH were identified as “assets”. The XRP token also came under the pressure of correction, losing 5% per day, but it is close to $ 1, which was very difficult to imagine in the recent past.
If market participants get a hint of a favorable outcome for Ripple, XRP is likely to not only return to its 2018 peak, but also update all-time highs. XRP has had many investors who bought the token above $ 1, and even above $ 3. On the basis of a combination of factors, the coin is rather moving towards a likely negative scenario...
The more they want to sell it with as little losses as possible, and the higher the chances of seeing serious speculative impulses.
XRP continued to rise, breaking the psychologically important $ 1 level and testing the $ 1.10 mark. Growth in two days of the rally is about 70%. XRP traded at these levels in February 2018. The cryptocurrency rose to fourth place in CoinGecko's ranking in terms of capitalization, displacing Polkadot and Tether (USDT)...
The capitalization of the asset has exceeded $ 48 billion. XRP is showing growth amid rumors about the token's releasing on a number of exchanges, including Coinbase. Jumps of tens of percent a day have already occurred in the XRP market during bullish phases in the past. Recent movements have revived optimism: traders are beginning to remember memes, for example, that XRP is the “standard” of the cryptocurrency market, and to reach the $ 589 target, it must rise in price only 589 times.
XRP has had many investors who bought the coin above $ 1, and even above $ 3. On the basis of a combination of factors, the coin is rather moving towards a likely negative scenario. The more they want to sell it with as little losses as possible, and the higher the chances of seeing serious speculative impulses.
XRP climbed to sixth place in CoinGecko's ranking in terms of capitalization, pushing Cardano to seventh place. The capitalization of the token exceeded $ 41 billion. The capitalization of the cryptocurrency market on April 5 for the first time in history exceeded $ 2 trillion against the backdrop of the growth of alternative cryptocurrencies...
XRP was in the lead in the top ten cryptocurrencies, having risen in price by one and a half times for no apparent reason. On the XRP chart, an inverted head and shoulders pattern has formed with a head at 20 cents, shoulders at 40 and a neck-resistance at 70. It can be expected that further development of the pattern will lead the XRP price to $ 1 or even $ 1.3.
Rumors are spreading in the XRP community that the largest US cryptocurrency exchange Coinbase is about to re-add XRP to its platform. After the start of the proceedings and amid its own planned entry into the stock market, Coinbase stopped trading in XRP, but still allows you to store and transfer tokens...
XRP has had many investors who bought the coin above $ 1, and even above $ 3. On the basis of a combination of factors, the coin is rather moving towards a likely negative scenario. The more they want to sell it with as little losses as possible, and the higher the chances of seeing serious speculative impulses. Judging by the unsuccessful attempt to pump XRP after the wave with Reddit, there are significantly more sellers of the coin, and fewer investors seriously believe in the successful outcome of the lawsuit from the SEC.
XRP (Ripple) on Saturday tested highs since February 22 around $ 0.64. In March, the token added 35%, and since the beginning of the month, it has added about 8% more. XRP has nearly tripled since the beginning of the year and is now worth more than it was before the SEC filed a lawsuit against Ripple...
One of the reasons may be the general rise in the cryptocurrency market. XRP, although it retains a capitalization of about $ 29 billion, now occupies only the seventh line in the list of the largest cryptoassets, while before these events it was the third.
Cryptocurrency must be a two-way market when users want a store of value and a medium of exchange. However, Bitcoin has turned it into a “one-way market”. XRP Ledger is based on the idea of a distributed agreement algorithm, which is designed to perform the same basic functions, but without the disadvantages of PoW or PoS...
The consensus algorithm is to simply establish orderly transactions without any rewards in the cryptocurrency, making the process consistent rather than competitive.
One of the few that won was ripple. Starting at $0.4652 seven days before, it peaked at $0.5955 on March 22, and was trading at $0.5450 by the evening of Friday March 26. In general, as we predicted, the crypto market turned out to be overheated...
Elon Musk's statement that bitcoins accepted as payment for Tesla cars would no longer be converted into dollars did not help it either. such information could have pushed the market high up not so long ago, but now it has given only a small short-term impulse.
Ripple is looking for evidence that the SEC has contributed to the "market confusion" regarding XRP, block-chain24 writes. In a letter to Judge Sarah Netburn, Ripple's lawyers write that the documents related to BTC and ETH are indeed relevant to the case...
During the investigation, the blockchain company produced 303,000 pages of documents and is currently reviewing another 75,000 documents requested by the SEC. The regulator agreed to provide only 153 documents requested by Ripple. The blockchain company claims that these documents, which the SEC refuses to provide, are relevant to its protection of "fair notice." Deaton's lawyer argues that the SEC is applying a double standard in the case against Ripple. In his opinion, the Ethereum Foundation's sales of the Ethereum cryptocurrency are much more in line with the sales of unregistered securities than any XRP sales of Ripple that he is aware of.
XRP (Ripple) is ready to set new all-time highs, according to the famous trader Kaleo. The token will be able to push for this, for example, the successful resolution of the lawsuit with the SEC. Trader Kaleo claims to be keeping a close eye on the XRP token right now. In his opinion, XRP is preparing to update its all-time high of $ 3.84...
The expert does not indicate the exact timing of the return to the record level, ripplenews writes. The trader points to the chart of the XRP / BTC pair, where the asset has broken up the downtrend line. "It seems like now is a special time ... I really like this state of affairs," notes Kaleo.
Theoretically, the XRP token could grow tens of times if it was taken into the global banking system for which it was created. In the meantime, news about lawsuits and the sale of tokens by the company's management has a stronger impact on the prospects than the technical advantages of the project, which are heard less and less...
Although growth is also highly likely with a combination of speculation about easing claims or a real agreement with the SEC, plus the overall growth of the altcoin market.
* Crypto Rating accepts no liability for content of the XRP reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | Volume 24h | |
| 1 |  BTC |
Bitcoin predictions | 74.8% | 41 | $41 830.57 | -4.04% | -3.12% | $787 608 951 535 | $30 956 829 833 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 73.2% | 56 | $2 900.30 | -5.79% | -4.28% | $341 387 673 705 | $16 948 397 599 | |
| 3 |  USDT |
Tether predictions | 93.2% | 1 | $1.000560 | 0.05% | 0.05% | $68 581 448 843 | $67 387 184 321 | |
| 4 |  ADA |
Cardano predictions | 68% | 70 | $2.12 | -4.44% | -3.17% | $67 752 619 605 | $2 735 590 029 | |
| 5 |  BNB |
Binance Coin predictions | 68% | 59 | $338.82 | -2.63% | -8.65% | $56 968 565 730 | $1 441 932 933 | |
| 6 |  XRP |
XRP predictions | 75.6% | 50 | $0.927879 | -3.26% | -1.97% | $43 348 318 686 | $2 723 347 351 | |
| 7 |  SOL |
Solana predictions | 66% | 68 | $133.61 | -8.48% | -4.91% | $39 737 184 358 | $2 505 852 045 | |
| 8 |  USDC |
USD Coin predictions | 92% | 1 | $1.000582 | 0.07% | 0.05% | $31 278 878 412 | $3 206 085 319 | |
| 9 |  DOT |
Polkadot predictions | 68% | 68 | $27.57 | -4.79% | -6.28% | $27 229 665 528 | $1 489 527 276 | |
| 10 |  DOGE |
Dogecoin predictions | 66% | 63 | $0.200266 | -2.61% | -6.96% | $26 329 699 638 | $833 434 793 | |
| 11 |  UNI |
UniSwap predictions | 67.2% | 68 | $24.01 | -1.04% | 13.50% | $14 682 674 805 | $1 173 159 622 | |
| 12 |  AVAX |
Avalanche predictions | 60.8% | 84 | $66.00 | -7.99% | 4.98% | $14 539 183 357 | $1 047 963 478 | |
| 13 |  LUNA |
Terra predictions | 68.8% | 61 | $35.04 | -4.51% | 23.72% | $14 012 646 384 | $1 534 292 582 | |
| 14 |  BUSD |
Binance USD predictions | 93.2% | 1 | $1.000446 | 0.07% | 0.02% | $13 532 124 274 | $4 668 219 259 | |
| 15 |  LINK |
Chainlink predictions | 67.6% | 70 | $23.36 | -3.44% | -2.07% | $10 627 202 783 | $1 044 812 386 |
