XRP has been under a cold spell in December for years, with red charts and cold winds every year. Some buyers are still scared about the market because they remember the 66% drop in 2021. The sounds of 2018, a year with an amazing 800% rise, sound like a faraway Christmas carol. They remind the…
The price movement of XRP has had its ups and downs this year, reflecting the volatile nature of cryptocurrencies. The crypto has increased by 74% this year, following the general bullish sentiment among cryptocurrencies. XRP went on a noticeable price spike in the middle of the year, although the price increase is currently calm and…
A significant dip in XRP daily trading volume has caught the attention of investors and analysts alike. On Thursday, XRP’s trading volume plummeted to levels not seen in the past six years, a development that has raised eyebrows among crypto enthusiasts. On this day, December 21st, #XRP : pic.twitter.com/ptHRTpkEeE — WrathofKahneman (@WKahneman) December 22, 2023…
The possibility of Ripple ‘burning’ its escrowed XRP funds has come up for discussion. This development could become a major talking point as the XRP community continues to clamor about XRP’s tepid price action. Can Ripple Burn Its Escrowed XRP Funds? In a post on his X (formerly Twitter) platform, former Ripple Director Matt Hamilton…
XRP price is eyeing a fresh rally above the $0.630 resistance. The price could gain bullish momentum if it clears the $0.630 and $0.640 resistance levels. XRP is slowly moving higher from the $0.600 support level. The price is now trading below $0.630 and the 100 simple moving average (4 hours). There was a break…
XRP price has recently demonstrated a sideways price action, deviating from the overall trend witnessed across the cryptocurrency market and altcoins. Despite a modest 2% growth in the past 30 days, with prices ranging between $0.6427 and $0.5994, a crypto analyst operating under the pseudonym James Crypto has made a bold prediction based on Elliott…
On-chain data shows that XRP whales have been making exchange inflows in the past day, a sign that may be negative for the asset’s price. XRP Whales Have Made Multiple Large Exchange Inflows Today According to data from the cryptocurrency transaction tracker service Whale Alert, the XRP network has handled a few large transactions during…
Crypto analyst Dark Defender has also weighed in on the recent narratives revolving around the XRP tepid price action. The analyst is choosing not to listen to any of those as he is confident that the future trajectory of the XRP token is bullish. No Need To Listen To FUD In a post on his…
A finance expert and Bitcoin maximalist has taken a major dig at XRP as he labeled the crypto token a “scam.” The expert outlined several reasons why he holds this opinion, although he seemed misguided in some. Why XRP Is A “Scam” In a post shared on his X (formerly Twitter) platform, finance expert Rajat…
Recently, a notable observation has been the significant correlation between XRP and XLM’s price action. This phenomenon has caught the attention of industry experts and investors alike, leading to a deeper examination of the factors driving this trend. Ripple’s Chief Technology Officer (CTO), David Schwartz, has weighed in on this topic, addressing the liquidity aspects…