THE LATEST CRYPTO NEWS

User Models

Active Filters
# xrpusd
#ripple #xrp #xrpusd #xrp price analysis #xrp price chart

XRP has surged an impressive 35% over the past month, currently trading at $3.05. This bullish momentum is fueled by growing institutional interest, massive whale accumulation, and a long-anticipated regulatory breakthrough in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). Related Reading: Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen? Investors are increasingly optimistic ahead of the SEC’s expected status report on August 15, which may finally end Ripple’s multi-year lawsuit. This outcome could unlock a flood of institutional adoption and pave the way for XRP spot ETF approvals. With whale wallets scooping up over $60 million in the token recently, market sentiment is turning decisively bullish. Whale Activity and ETF Buzz Signal Institutional Confidence XRP isn’t rallying alone as Institutional capital has flowed heavily into Ethereum and XRP over the past few weeks, according to CoinShares. XRP-related investment products saw $31.26 million in inflows, while whale trackers confirmed large transactions, including a single 20 million transfer from Upbit worth over $60 million. Additionally, anticipation is mounting over potential XRP ETF approvals. The SEC has set an October 17 deadline to rule on several XRP spot ETFs, and a recent policy shift enabling in-kind redemptions has eliminated key logistical barriers. If approved, these ETFs could dramatically reduce the token’s circulating supply and fuel further price appreciation. XRP's price trends to the upside on the daily chart. Source: XRPUSD on Tradingview  Can XRP Reach New All-Time Highs in 2025? Beyond legal clarity and ETF speculation, the token’s real-world utility is gaining traction. Its recent integration of an Ethereum-compatible sidechain opens the door for DeFi developers to launch dApps on the XRP Ledger using XRP for fees. Moreover, the XRPL now hosts one of the largest tokenized U.S. Treasury bill products, signaling its growing role in asset tokenization. Related Reading: Crash Incoming? Kiyosaki Warns Of ‘August Curse’ And Reveals His Bitcoin Buy Zone While $100+ price predictions remain highly debated, the token’s bullish structure and ecosystem expansion offer a compelling long-term thesis. Technical indicators remain cautiously optimistic, and analysts suggest $3 may be the last ideal entry point before the next leg up. With regulatory momentum, whale interest, and real-world use cases converging, XRP may be poised to break out even higher in Q3 and beyond. Cover image from ChatGPT, XRPUSD chart from Tradingview

#ripple #xrp #altcoin #xrp price #james seyffart #eric balchunas #david schwartz #coinmarketcap #xrp news #xrpusd #xrpusdt #us sec #casitrades

Crypto analyst Ripple Queen has made a bold prediction that the XRP price can reach $10,000 at some point. The analyst also highlighted factors that make this price target achievable despite how ambitious it is.  XRP Price To $10,000 Is Already On The Horizon In an X post, Ripple Queen declared that an XRP price tag of $10,000 is already “locked in.” She claimed that the math proves that the altcoin can reach this target and then alluded to how its supply is limited and its utility is unmatched. The analyst added that the world is catching up fast, indicating that more people are adopting XRP.  Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why Ripple Queen further stated that regulatory clarity is falling into place for the crypto industry, which is bullish for the XRP price. Thanks to this regulatory clarity, with laws like the GENIUS Act, Ripple is set to expand its operations, which will boost XRP’s adoption. The altcoin is known to be at the centre of the crypto firm’s operations. Ripple CTO David Schwartz also recently indicated that it will continue to be the bridge currency for their payment services.  In line with this, Ripple Queen remarked that mass adoption is no longer a dream but a countdown, which is why she believes that the XRP price will reach $10,000. The analyst also stated that banks and institutional investors are quietly accumulating, a move that she is confident will soon lead to a massive supply shock for the altcoin.  These institutional investors will also have an avenue to accumulate more XRP once the SEC approves the spot ETFs. Bloomberg analysts Eric Balchunas and James Seyffart have already predicted a 95% chance of approval for the XRP ETFs. The launch of these funds will drive more capital into the altcoin’s ecosystem, which is bullish for the XRP price.  Current Price Action On Journey To $10,000 Crypto analyst CasiTrades has provided insights into the current XRP price action, even as it eyes this projected rally to $10,000. In an X post, she stated that the price action isn’t bearish yet from a technical standpoint despite the recent correction. The analyst noted that the low at $2.75 remains above the wave 1 high around $2.65, which keeps the larger uptrend intact.   Related Reading: Analyst Says XRP Price Is Now In Wave 4 — What To Expect CasiTrades further revealed that bullish divergences are showing up on the 15-minute chart up to the 4-hour chart. She claimed that this supports the case that $2.75 could be the bottom of this corrective wave. Moving forward, the analyst stated that a proper reclaim of $3.21 and a strong break above this level would begin to confirm that the correction is over and that the next leg up is underway. If that happens, the next target zone will be between $4.60 and $4.80.  At the time of writing, the XRP price is trading at around $3.05, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a decent increase above $3.00 zone. The price is now facing resistance at $3.10 and might correct some gains in the near term. XRP price is attempting to start a fresh increase above the $3.00 zone. The price is now trading above $2.980 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3.065 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $2.920 zone. XRP Price Faces Resistance XRP price started a fresh increase above the $2.820 zone, beating Bitcoin and Ethereum. The price was able to surpass the $2.920 and $2.950 resistance levels. The price even cleared the $3.00 resistance level. Finally, the bears appeared near the $3.10 zone. A high was formed at $3.106 and the price is now correcting gains. There was a break below a bullish trend line with support at $3.065 on the hourly chart of the XRP/USD pair. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. It is also above the 23.6% Fib retracement level of the upward move from the $2.730 swing low to the $3.106 high. On the upside, the price might face resistance near the $3.10 level. The first major resistance is near the $3.120 level. A clear move above the $3.120 resistance might send the price toward the $3.150 resistance. Any more gains might send the price toward the $3.20 resistance or even $3.2120 in the near term. The next major hurdle for the bulls might be near the $3.250 zone. Another Drop? If XRP fails to clear the $3.10 resistance zone, it could start another decline. Initial support on the downside is near the $3.00 level. The next major support is near the $2.950 level. If there is a downside break and a close below the $2.950 level, the price might continue to decline toward the $2.920 support and the 50% Fib retracement level of the upward move from the $2.730 swing low to the $3.106 high. The next major support sits near the $2.880 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.00 and $2.920. Major Resistance Levels – $3.10 and $3.120.

#ripple #xrp #altcoin #xrp price #coinmarketcap #ripple news #xrp news #xrpusd #xrpusdt #ali martinez #market value to realized value #mvrv #egrag crypto

Crypto analyst Egrag Crypto has advised XRP investors not to panic as they make their next move in the market. This came as he revealed levels to watch out for as the altcoin retraces alongside the broader crypto market.  Analyst Advises XRP Investors Amid Market Correction In an X post, Egrag Crypto told XRP investors, especially the newbies, that they should not let fear dictate their next moves. The analyst also commented on the current price action, stating that investors will see where the market settles by the end of the day. In line with this, he revealed levels that investors should keep an eye on.  Related Reading: Bitcoin Maxi Blasts XRP Investors With ‘Retarded’ Tag Amid Price Drop The crypto analyst stated that if the XRP price maintains closures above $2.80, then it is still in a super bullish position. Furthermore, he claimed that a close near $2.65 keeps the altcoin within a strong structural formation. Meanwhile, Egrag Crypto also raised the possibility of a wick down to $2.34, which would represent a 30% retracement.  Whatever happens, the analyst is still confident that the altcoin will rally to higher prices at some point. As such, he advised XRP investors to stay steady and strong, stating that they should soon fly, indicating another parabolic rally was on the horizon. However, in the short term, a steeper price correction might occur, according to crypto analyst Ali Martinez.  In an X post, the analyst said that the Market Value to Realized Value (MVRV) ratio flashed a death cross for XRP, suggesting that a steeper correction could be underway. His accompanying chart showed that the altcoin could drop to the psychological $2 price level on this decline.  In another X post, Ali Martinez said that the on-chain data shows that past accumulation behavior points to $2.80 being a temporary buffer for XRP. Meanwhile, the real support begins below $2.48.  Long-Term Update For The Altcoin In an X post, Egrag Crypto provided an update on his analysis of XRP’s 6-month chart. He noted that the altcoin has just less than five months left until this candle closes. Based on this, he questioned whether it can still make history by breaking the chasm of whether the top might already be in.  Related Reading: Analyst Predicts Historical 90% XRP Crash Against Bitcoin, But This Will Happen First However, the analyst believes that the market top isn’t in and that the last leg for the XRP price is still imminent, something he claimed would be “epic.” Egrag Crypto stated that the Non-Log Scale measured move puts the altcoin at a market top of around $4.89. On the other hand, the Log Scale measured move shows a market top of $48.90. The analyst noted that he is adopting an average approach between the two targets. As such, he sees XRP reaching at least $27.  At the time of writing, the XRP price is trading at around $2.97, up almost 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#xrp #xrpusd #xrpusdt #egrag crypto #21 ema #xrp support #xrp resistance

XRP prices are down by over 5% in the last day amid a broader price correction in the general crypto market. The prominent altcoin now trades around $2.81 with no indication of a potential pause in selling momentum. While this crisis persists, popular X analyst with the username Egrag Crypto has helped identify the currently crucial support and resistance levels for the market bulls. Related Reading: No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst Hold $2.65 Or Risk Collapse, Break $3.12 And Set For Rally In an X post on August 2, Egrag Crypto shares an interesting technical insight on the XRP market currently undergoing an intense correction wave. According to the renowned analyst, macro analysis indicates the altcoin retains a bullish structure; however, the present price correction can only be terminated via two pathways. Firstly, micro price analysis suggests that XRP must achieve a daily price close above $3.12 to signal a market bottom entry. In doing so, the cryptocurrency reclaims a pivotal resistance level, paving the way for a potential rise to higher levels such as $3.60. On the other hand, the immediate major support level lies around $2.65. Egrag Crypto explains that a continuous price decline to successfully retest this price floor may ignite a rally, pushing XRP to its current all-time high of $3.84.  However, any decisive price break below $2.65 could create a rather dire situation, pointing to potential lows around $2.19. Related Reading: Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation? XRP Surge To $17 Remains On The Cards In other news, Egrag Crypto’s analysis also reveals that XRP remains in a macro, long-term cyclical pattern that shows a multi-year bullish cycle, with recurring structural traits. The key elements in this pattern include bullish pennant formation, which suggests a continuation pattern, the 21 EMA (Green dotted line) that historically aligns with significant trend shifts, the Support Arc (Red line), and the Market Cycle Top (blue line). Notably, XRP has since emerged from the bull pennant signaling intentions to maintain its current uptrend. However, the altcoin faces an insurmountable resistance around $3.84, which aligns with an intersection between the mid-cycle top and the 21 EMA line. If XRP can successfully break past this price barrier, investors should anticipate a direct rally to the projected cycle top $17, representing a potential 525% gain on present market prices. At the time of writing, XRP trades at $2.81, reflecting a 5.32% decline in the past day as earlier stated. This recent price fall underscores a turbulent trading period for the altcoin, which lost over 11.38% of its market value in the last week. However, a monthly price gain of 22.18% indicates a significant number of investors remain in profit despite these corrections. Featured image from Pexels, chart from Tradingview

#goldman sachs #ripple #xrp #xrp price #xrp news #xrpusd #xrpusdt #us sec #barric #armando pantoja

The long-standing debate over XRP’s price ceiling is still a strong discussion. In a recent post on social media platform X, fintech analyst Armando Pantoja argued that the notion of market capitalization limiting XRP’s rise to $1,000 is fundamentally flawed. His comment came alongside a short video clip in which he draws comparisons between crypto and early-stage technology companies like Microsoft. Why Market Cap Doesn’t Cap Technology In his video, Pantoja dismissed the idea among many investors that XRP’s market cap should be used as a rigid barrier against long-term price appreciation to the $1,000 price level. He noted that while technical analysis may be useful in the short term, it becomes less relevant when evaluating a token’s potential over an extended period.  Related Reading: Pundit Says XRP’s Rise To $1,000 Will Happen A Lot Sooner Than Anticipated To drive his point home, he invoked a hypothetical scenario from the early 1990s, asking viewers to imagine those who doubted Microsoft’s growth because of its market cap. That kind of logic, he suggested, would have missed the wave of mass adoption driven by Microsoft. Pantoja insisted that applying stock market valuation metrics to crypto leads to misunderstandings, especially since tokens like XRP are more akin to technologies than companies. “Always the market cap is too high. What does that matter? It’s the technology that’s going to be adopted regardless,” he said.  This means that XRP is expected to follow a different trajectory, one based more on network usage, utility, and long-term integration into global systems. This, in turn, would see increased demand for XRP and cause its price to barrel to $1,000. Community Reactions: XRP Battling With Momentum It is easy to point to the mathematical implications of XRP reaching $1,000, a valuation that would place its market cap in the tens of trillions. However, supporters like Pantoja counter that such thinking is based on outdated comparisons.  Related Reading: Analyst Says XRP Price Is Now In Wave 4 — What To Expect As such, it is not surprising that Pantoja’s post has resonated well within the XRP community, especially among those who believe the token has far more room to grow than mainstream narratives allow. Nonetheless, the post also attracted some dissenters from those who believe that the price projection may be too high. Rather than focusing on circulating supply or market cap figures, Pantoja argued that long-term XRP valuation will hinge on the real-world adoption of its underlying technology. XRP, through its cross-border use cases, will undoubtedly gain much traction among banks and institutions, especially once the SEC-Ripple lawsuit is finally over. Interestingly, the $1,000 price target is more of a general consensus among a few other crypto analysts. BarriC, a crypto commentator, also posted on the social media platform X that there is a clear path for XRP to first move through $4, then $10 to $20, surpass $100, and finally reach $1,000. He frames it as a multi-stage trajectory based on institutional adoption and XRP’s infrastructure role in cross‑border payments. Dom Kwok, a former Goldman Sachs analyst and co‑founder of EasyA, projected long‑term targets stretching as high as $1,000 by 2030, also contingent on mass adoption. Anders, another XRP proponent, also floated $1,000 as a possible long‑term ceiling in comparison to Bitcoin’s potential of hitting the $1million target. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrp ledger #xrp price #david schwartz #ripple news #xrp news #xrpusd #xrpusdt #xrpl #kingxrp #teucrium

The Central banks, institutions, and payment corridors are experimenting with something deeper than crypto hype. From cross-border settlements to real-world assets, Ripple is building blockchain infrastructure. If recent comments from top banking executives are any indication, XRP may move trillions in value. The Settlement Layer No One Saw Coming According to KingXRP, the XRP Ledger (XRPL) is on the brink of a groundbreaking transformation that could unlock a staggering $196 trillion market through the emergence of RealFi and real-world finance powered by blockchain technology. His post includes a recent interview with Teucrium CEO Sal Gilbertie, where he made a bold declaration that XRP and Ripple will move trillions and tokenize the entire financial system.  Related Reading: XRP’s Secret Weapon? Ripple Exec Says It’s Not What You Think As mentioned in the video, XRP is often misunderstood. It can be traded and speculated on like any other asset, but its true purpose goes much deeper. Ripple is the company behind XRP, and it was originally founded to facilitate fast, efficient money transfers across borders. Apparently, XRP is now evolving far beyond simple transactions. It’s becoming a foundational tool for tokenizing a wide range of assets and enabling the movement of value in new and innovative ways.  As Ripple continues to advance its level 2 infrastructure, it’s becoming increasingly clear that they are positioning to tokenize the entire financial system. They have acquired a broker-dealer clearing member, which is a strategic move that brings them one step closer to integrating deeply with the traditional financial markets. This move marks what Gilbertie believes is the first step toward integrating traditional finance with DeFi. The acquisition of a broker-dealer isn’t just a technicality, but it’s the kind of infrastructure move that would rewire the system in the future. XRP Moves Into Institutional Payment Rails CryptoGeek has also shared an update on X about Ripple Chief Technology Officer (CTO), David Schwartz, stating that banks are now integrating XRP. Meanwhile, Ripple Bank will operate entirely on the XRP Ledger, settling all payments with XRP as its core asset.  Related Reading: Ripple CEO Debunks SWIFT Partnership, XRP To Dramatically Change Payments Infrastructure Schwartz emphasized in the video that closing a deal with a bank always feels exciting, and it looks great on paper, which signals validation. However, behind the scenes, it’s a different story, and banks are extremely slow to move, cautious, conservative, and are bound by layers of internal processes. Furthermore, Schwartz stated that the team focused a lot on banks, because landing a press release with a major institution looked like progress. It felt like a milestone, and over time, the firm realized most of them were only in it for the optics. Featured image from Getty Images, chart from Tradingview.com

#bitcoin #xrp #xrp price #xrp news #xrpusd #xrpusdt #stochastic rsi #xrp btc #jaydee

XRP’s recent performance has been relatively strong against Bitcoin in the past month. Over the past few weeks, the XRP/BTC pair has been quietly pushing up above the 0.00002100 level and challenging long-standing horizontal resistance levels.  Amid this movement, a new technical analysis from crypto analyst JayDee has stirred controversy on social media, with the suggestion that XRP may soon go on an explosive rally against Bitcoin before suffering a catastrophic 90% crash. Final Biblical Move To Send XRP/BTC Surging According to JayDee, XRP is entering the final phase of its multi-year structure against Bitcoin, and a dramatic breakout could be imminent. “$XRP is on the verge of having its FINAL BIBLICAL MOVE against $BTC in the coming months,” he wrote. As shown in a monthly candlestick timeframe chart of the XRP/BTC pair, which the analyst shared on the social media platform X, XRP/BTC is currently sitting around a resistance zone after escaping a long-term descending triangle back in December 2024. Related Reading: XRP Price Set To Teleport As Major Financial Players Tap In — Opportunity Window Closing Fast A thick green box shown in the chart below suggests that the next move may be a rapid surge, which could see the XRP/BTC pair trade for as high as 0.00007. At the time of writing, XRP/BTC is trading at 0.00002649. Therefore, an increase to 0.00007 will represent a 164% increase from the current levels and put the pair trading at levels not seen since mid-2019. The green target zone will likely come into play once resistance at 0.00002700 is cleared with enough volume for XRP. A strong factor that could see XRP outperforming Bitcoin by such a massive amount is if Spot XRP ETFs are finally launched in the US. Supporting this view is a bullish crossover forming on the Stochastic RSI, which is circled on the chart. The momentum indicator is currently sitting just above the 60 line, which is another sign that the pair could be on the verge of a sharp move higher. Once this bullish cross is confirmed, the rally would be massive and go along the line of many traders expecting an intense upside in a short period of time. However, the expected price overperformance of XRP against Bitcoin comes with a twist; this euphoric phase won’t last long. The Predicted 90% XRP/BTC Crash Analyst JayDee warns that what comes after this final Biblical XRP/BTC move could be devastating for most XRP holders. “Right before HISTORICAL 90% crash that will wipe out most investors,” he added.  Related Reading: XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65 The predicted crash is shown in the chart image above with a massive blue arrow pointing downward into a pink zone located between $0.000009 and $0.000007. According to the structure, this drop would return XRP/BTC to retest its long-term ascending support trendline, which has held since 2017. A 90% crash in the XRP/BTC pair could happen if XRP experiences a severe price breakdown below $3 and $2. Alternatively, XRP could underperform and drive the ratio downward even without a sharp XRP price decline if Bitcoin regains dominance and begins setting multiple new all-time highs. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrp price #david schwartz #ripple news #xrp news #xrpusd #xrpusdt #ripple cto #ripple price

Ripple Labs Chief Technology Officer, David Schwartz, has offered rare and pointed clarity on what drives the XRP price value in the long term, despite the company’s recent spotlight on its new stablecoin, RLUSD. In a recent exchange with an XRP supporter on social media, Schwartz emphasized that the crypto continues to sit at the core of Ripple’s payment infrastructure, especially as the main bridge asset in cross-border transfers. XRP’s Role As A Bridge Asset Is Still Central While RLUSD plays a specific role, Schwartz reveals XRP’s utility in real financial use cases will ultimately boost its value. His comments reaffirm Ripple’s longstanding plan for the digital asset, relying on XRP for its proven liquidity and built-in role on the ledger as it explores other digital options. Related Reading: XRP Set To Explode? Analyst Sees $5 Surge Any Moment – Details In his response, Schwartz directly addressed growing speculation that the company may be shifting its attention away from XRP in favor of its new stablecoin, assuring that the digital asset remains Ripple’s cross-currency asset that allows for fast, low-cost currency exchanges. While Schwartz didn’t share exact data, he said he was confident that the token’s usage “dwarfs every other asset” in Ripple’s system. XRP links to how the XRP Ledger functions, so an increase in ledger activity is almost guaranteed to drive more demand for the crypto token, naturally lifting its price value as it becomes more essential in global financial workflows. Schwartz argued that as real-world adoption of the Ripple blockchain networks grows, so will demand for XRP. The embedded demand, as more businesses and developers build on XRPL, is what could be the core driver of XRP’s future price value. Ripple CTO: Stablecoins Support, XRP Sustains Some community members worried that Ripple’s new stablecoin RLUSD, launched in December 2024, could replace the crypto token, but Schwartz clarifies that the stablecoin and XRP serve different purposes. He said stablecoins like RLUSD are better suited for use cases that require a fixed value, such as when companies post collateral or need to enter and exit markets without dealing with large price swings. Related Reading: XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter Volatility in crypto markets can be disruptive in these scenarios, and stablecoins avoid that issue by holding a steady price. However, Schwartz believes that for most other applications, especially those related to real finance and long-term holdings, digital assets like XRP are still the better choice. He noted that, unless highly risk-averse, most long-term users would likely prefer holding the top digital asset over cash because of their potential for upside and active role in blockchain ecosystems. The Ripple exec added that as more institutions turn to XRPL for financial use cases, XRP’s role in facilitating quick currency movement becomes more vital, particularly in volatile markets where stablecoins may not be ideal.  Schwartz made a subtle but important distinction, saying XRP’s place on XRPL is privileged. With this, the crypto token is less likely to be replaced or worked around, providing a long-term advantage that many other tokens may not have. Featured image from Unsplash, chart from TradingView.com

#ripple #xrp #xrp price #ripple news #xrp news #xrpusd #xrpusdt #judge torres analisa #us sec #bill morgan #spot xrp etfs #vincent van code

The Ripple vs. SEC lawsuit appears to be nearing its final stages, but the path is not yet clear. Although Ripple officially withdrew its cross-appeal in June and fulfilled its $125 million penalty obligation, the SEC has yet to do the same.  This case has dwelled long in the minds of the members of the XRP community, and most recently, pro-XRP attorney Bill Morgan commented that while there is technically no hard deadline for the SEC to withdraw, a key date is now fast approaching. No Deadline, But the Clock Is Ticking According to pro-XRP lawyer Bill Morgan, August 15, 2025, serves as a procedural checkpoint for both Ripple and the SEC on their legal standoff. This is because they are required to submit a joint status report to the appellate court on that date, effectively making it the moment when the SEC will be expected to show its hand.  Related Reading: Ripple Vs. SEC Battle At An End? What An Appeal Dismissal In August Would Mean For XRP Although the regulatory agency is under no legal obligation to dismiss its appeal by then, the deadline is a trigger for action, or at the very least, a formal update. He wrote that “the SEC needs to report to the appeal court by 15 August 2025, which acts as a deadline… although it may just ask for more time.” This delay has left the XRP community in a holding pattern since October 2024, when the SEC filed a notice of appeal on Judge Torres’ ruling. The major consensus is that the SEC would follow Ripple’s lead of dropping its cross-appeal.  What Happens If The SEC Withdraws Or Doesn’t? The longer the SEC remains silent, the more uncertainty clouds the path forward, despite growing consensus that Judge Torres’s ruling in July 2023, which declared XRP not a security in secondary market trading to retailers, should now be finalized. The appeal has essentially allowed the case to drag on for two more years. Related Reading: Pro-Ripple Lawyer Reveals What The SEC Filing By Wellgistics Health Means For XRP If the SEC withdraws its appeal in the coming days, that action will cement the May 2023 ruling as final. This would not only end the multi-year legal battle but also unlock several long-awaited market developments.  As noted by crypto commentator Vincent Van Code, over 1,700 companies tied to Ripple through NDAs may finally reveal partnerships and projects built on the XRP Ledger. Furthermore, legal clarity would also pave the way for institutional-grade products like Spot XRP ETFs waiting for approval, which in turn would cause a rapid increase in the price of XRP. However, if the SEC requests more time on or around August 15, it could delay this next phase of XRP’s growth and continue to keep XRP’s regulatory status in limbo. Although such a move wouldn’t reverse any legal victories Ripple has secured, it would prolong the uncertainty that is restraining confidence among investors. Featured image from iStock, chart from Tradingview.com

#bitcoin #crypto #sec #ripple #xrp #altcoin #altcoins #digital currency #xrpusd

Based on reports, the altcoin market is heating up again and XRP is back in focus. Prices have climbed steadily, and some traders think a fresh wave of buying could push XRP far above current levels. The move in Ethereum and BNB has set the stage. Now everyone is watching whether XRP can follow. Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve Made—Expert Tight Range Could Fuel Breakout According to analyst Zach Rector, XRP has been trading in a narrow band just above $3.00. It recently sat around $3.15, giving it room to spring higher. Rector points out that a push above $3.25 could send XRP into the $4–$5 range “any day now.” $4-$5 XRP any day now. $7-$15 by 9/7. pic.twitter.com/75Brfp06pQ — Zach Rector (@ZachRector7) July 27, 2025 That jump would be about a 50% gain from today’s price. He even marks out a window from August 23 to September 7 for a bigger run toward $7 or higher. Ethereum’s surge is helping set the tone. Its price has climbed to about $3,940 while the market cap hit nearly $500 billion. BNB also made a splash, topping $850 for the first time. Those moves often drag other coins upward, and many believe XRP is next in line. Fibonacci Projections Based on weekly charts shared by Tony Edward of the Thinking Crypto Podcast, XRP has clear Fibonacci levels ahead. His targets range from $4.5 to $9.1. Those marks match up with Rector’s range, lending more weight to the idea that XRP is setting up for a big move. If XRP follows those lines, each level could act as a stepping stone. While Fibonacci is just one method, its overlap with Rector’s targets creates a story that traders can follow. It gives them clear numbers to watch and simple goals to aim for as the market moves. Related Reading: XRP ETF Approval Incoming? Analyst Eyes September-October Window Anything Can Happen Other market observers take a different take. They look back at XRP’s past rallies and figures current cycles could average out to about $20 per coin. In 2017, XRP rose a whopping 2,500%, which would imply a $30 peak today. In 2021 the altcoin jumped 500%, pointing to $7.70 as we speak. By averaging those two, a $20 target for this season could be on their crosshair. Even with bullish charts, risks are still there. Regulatory news around Ripple and the SEC can send prices tumbling overnight. If Bitcoin cools off or global markets turn sour, altcoins like XRP could get hit hard. Big holders also have power. If they decide to sell into strength, any rally could stall quickly. Featured image from Unsplash, chart from TradingView

#crypto #ripple #xrp #xrp price #ripple news #xrp news #crypto news #xrpusd #xrpusdt

After rising to a new 7-year high off the back of strong buys, the XRP price has moved back downward in search of new support levels. This move has been spurred by the general bearish sentiment that has plagued the market as the Bitcoin price struggled to reclaim its all-time high levels, putting altcoins at risk once again. On its own, the XRP price is facing unique barriers, especially when it comes to buying, which could trigger another wave of decline. Directions The XRP Price Could Go Crypto analyst Thecafetrader has highlighted the possible directions that the XRP price could go in following its decline. These include both bullish and bearish directions, both being decided by buyers and how much weight they put behind their positions during this time. Related Reading: XRP Price To Climb 44% To $4.804 As Long As This Level Holds The first point that the analyst makes is the fact that the XRP price rally was driven by massive buyers. These buys had triggered a breakout above the 2024 highs, but met resistance from sellers once again. Thus, it suggests that bulls have been trapped at higher prices inside their positions. However, this is not the most concerning development. One thing that the analyst points out is the major decline in trading volume despite XRP hitting new highs this year. For example, back in 2024, when the XRP price had first crossed the $3 mark, the daily trading volume had peaked above $78 billion. But with the new highs above $3.6, the highest daily trading volume recorded was just above $41 billion. Given this, it suggests that there is a major decline in buying interest, especially as conviction has been impacted by the price decline. Interestingly, though, the buyers are not the only ones who seem to be abstaining from the XRP altcoin at this point. According to the analyst, there are no “real” sellers that are moving into the market. Therefore, there is still bullish momentum for a possible recovery back to $4.64. Related Reading: XRP, Dogecoin, And Shiba Inu Get Major Boost From Gemini Exchange Announcement Moving to the more bearish side, the analyst explains that the XRP price does need the strong buyers to step in to continue an uptrend. If these buyers fail to hold up, then the XRP price does risk crashing back downward from the initial $2.95 point of interest. The targets for such a decline are placed by the crypto analyst at $3.13 initially. However, the more the price struggles, the lower the targets go. Next is the $2.95 territory, then $2.15-$2.3, which the analyst calls a “good price” for entry. Then last but not least is the $1.60-$1.93 range, marked as a “steal.” Featured image from Dall.E, chart from TradingView.com

#bitcoin #crypto #etf #xrp #altcoin #altcoins #xrpusd

A fresh move by the SEC could clear the path for the first US spot ETFs tracking altcoins like XRP. Traders and investors are watching closely as new rules aim to speed up approvals by late 2025. This change comes just months after in-kind creation and redemption for crypto ETPs won the regulator’s blessing. Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve Made—Expert New Listing Standards Open Door According to the recent filing of the US Securities and Exchange Commission, any coin with at least six months of futures trading on a platform such as Coinbase’s derivatives exchange can qualify for an exchange-traded product. The six-month rule replaces a longer review process that could stretch into 240 days. Instead, exchanges can use a 75-day window once they file a rule change. This shift aims to simplify the path for an XRP ETF and similar products. The SEC’s “Listing Standards” for crypto ETPs is out via new exchange filing. BOTTOM LINE: Any coin that has futures tracking it for >6mo on Coinbase’s derivatives exchange would be approved (below is list). It’s about a dozen of the usual suspects, the same ones we had at 85% or… https://t.co/QlzZnta7Yv pic.twitter.com/CmBr8XxAcM — Eric Balchunas (@EricBalchunas) July 30, 2025 Developments around in-kind creation and redemption also matter. Based on reports from crypto lawyer Bill Morgan, this change lets authorized participants create or redeem ETF shares using actual cryptocurrency rather than cash. The revision slashes settlement costs and lines up crypto products with how gold and other commodity ETPs work. Market makers can now back ETFs with real tokens, cutting out extra steps. XRP ETF Odds Climb Bloomberg analyst Eric Balchunas has put the chance of an XRP ETF approval at 85% for September or October 2025. He notes that once the six-month futures threshold hits for assets like XRP, Dogecoin and Solana, the path becomes much clearer. Prediction markets back his view, showing odds near 86% even after procedural delays. Balchunas and his team have tracked every filing and rule tweak. They say these updated listing standards are the last major barrier. With futures already trading for multiple altcoins, issuers need only get the final green light from the SEC. That could happen by early fall, he suggests. Related Reading: XRP Traders Pull Back $2.4B—Brace For Impact Or Buy The Dip? Ripple Lawsuit And Deadlines A key hurdle remains the legal fight between Ripple and the SEC. Based on reports, both sides may drop appeals ahead of an August 15 status report deadline. If that happens, it would remove a major overhang on XRP ETF applications. The SEC has already extended Franklin Templeton’s review through the end of 2025, but this new filing hints those long waits might wrap up sooner. Legal experts like former SEC lawyer Marc Fagel believe a dismissal of appeals would clear one of the last big obstacles. Then only final SEC sign-off would stand between issuers and live trading. Featured image from Meta, chart from TradingView

#xrp #altcoin #xrp price #rsi #coinmarketcap #xrp news #xrpusd #xrpusdt #dark defender #relative strength index #javon marks #egrag crypto #year-to-date #ytd

Crypto analyst Dark Defender has provided an update on his XRP price wave structure. He revealed that the altcoin is now in wave 4 and highlighted the targets and support levels that market participants should watch out for at the altcoin’s current price level.  Wave 4 For The XRP Price In Progress In an X post, Dark Defender stated that wave 4 is in progress for the XRP price. He added that the Relative Strength Index (RSI) also reflects the 4th wave consolidation. The analyst had also stated that the altcoin has completed Waves 1, 2, and 3. His accompanying chart showed that the altcoin could again retest the $3 support level as part of a corrective move to the downside.  Related Reading: XRP Won’t See Devastating Pullback Because ‘The Train Has Left The Station’ A successful hold above this support level, $3.07 specifically, is expected to trigger the next impulsive move to the upside for the XRP price. Dark Defender predicts that the altcoin could rally to as high as $5.8563 on this Wave 5 impulsive move. He added that the targets are $3.61, the current all-time high (ATH), and then $5.85, which would mark a new ATH for XRP.  Crypto analyst Javon Marks had also recently predicted that the XRP price could soon rally to a new ATH. He noted that the altcoin is holding well, far above the $2.47 support level, meaning that the next target is $4.804. The analyst added that a break above this $4.804 level could spark another rally to $7.138.  A rally to $7.138 will represent a surge of 128.78% from the current XRP price level. It is worth noting that the altcoin is already up over 35% year-to-date (YTD), rising to the third largest crypto by market cap in the process.  All Eyes On XRP’s Monthly Close In an X post, crypto analyst Egrag Crypto remarked that the focus is on the XRP price staying above $3.03 for the monthly close. He noted that a close above this level would mark the first-ever historical candle close above this level in XRP’s journey. As such, he declared that market participants could soon witness history in the making.  Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst If the XRP price achieves the monthly close above $3.03, Egrag Crypto stated that a rally to the Chasm at $8.9 is the minimum target for the altcoin in this market cycle. He also suggested that XRP could surpass this target and declared that this is where the “real fun” starts. His accompanying chart showed that a rally to as high as $32 was also on the cards.  At the time of writing, the XRP price is trading at around $3.14, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a downside correction below the $3.120 zone. The price is now attempting a recovery and might aim for a move above the $3.1650 level. XRP price is attempting to start a fresh increase from the $3.00 zone. The price is now trading below $3.180 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.00 zone. XRP Price Eyes Upside Break XRP price started a fresh decline below the $3.20 zone, unlike Bitcoin and Ethereum. The price declined below the $3.120 and $3.080 support levels. The bears even pushed the price below the $3.020 support zone. Finally, the bulls appeared near the $3.00 level. A low was formed at $2.999 and the price is now attempting a recovery wave. There was a move above the $3.050 and $3.080 levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $3.330 swing high to the $2.999 low. The price is now trading below $3.150 and the 100-hourly Simple Moving Average. There is also a bearish trend line forming with resistance at $3.150 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.150 level. The first major resistance is near the $3.1650 level. A clear move above the $3.1650 resistance might send the price toward the $3.20 resistance. Any more gains might send the price toward the $3.250 resistance or even $3.30 in the near term. The next major hurdle for the bulls might be near the $3.350 zone. Another Drop? If XRP fails to clear the $3.1650 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level. The next major support is near the $3.00 level. If there is a downside break and a close below the $3.00 level, the price might continue to decline toward the $2.920 support. The next major support sits near the $2.850 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.080 and $3.00. Major Resistance Levels – $3.1650 and $3.20.

#bitcoin #crypto #xrp #altcoin #altcoins #xrpusd

A new wave of buzz has hit the XRP community after an expert shared a teasing message on Twitter. Related Reading: XRP Traders Pull Back $2.4B—Brace For Impact Or Buy The Dip? Crypto analyst Armando Pantoja, a member of the Benzinga Crypto Advisory Board, said he just got off a call with contacts in Washington, D.C. and hinted that XRP is “about to explode.” He couldn’t give details, but he left a clear sign that something big might be on the way. His words “Big Move Incoming” and the tip that holders of at least 1,000 XRP are already ahead of the curve have pushed traders to watch the token more closely. How 1,000 XRP Stands Out According to data from the XRP Rich List, there are about 6.8 million XRP wallets in existence. Close to 6 million of those are retail wallets holding fewer than 1,000 XRP. Only 10% of wallets hold more than 2,438 XRP. Those numbers suggest that owning at least 1,000 coins puts you well above the average holder. Based on analysis, even 3,300 XRP—worth around $9,000 at today’s prices—could place an investor among the top tier of XRP owners. Just got off a call with my insiders in DC… I can’t say much, but $XRP is about to explode. I don’t know exactly when, but soon. If you’ve got 1,000 XRP, you’re already ahead of the curve. This could be the move that changes everything. — Armando Pantoja (@_TallGuyTycoon) July 29, 2025 Insider Teases Big Move According to Pantoja’s tweet, the timing of the coming news might be tight. He didn’t spell out when his contacts expect the “explode” moment. At the time of writing, XRP was trading at about $3.14. That makes a 1,000‑token stack cost near $3,000. If Pantoja’s hint proves accurate, early buyers could see strong gains. But the lack of specifics means it’s hard to know whether he’s talking about new rules from US regulators, an institutional deal, or just fueling excitement. Varied Expert Price Targets Some believe XRP could rally more than 300x to exceed $1,000 per token. And some analysts even suggested that price could hit that level as early as next year. For instance, analyst Jake Claver of Digital Ascension Group estimated that 6,000 XRP would generate $300,000 in annual income at a $1,000 price, enough for a comfortable US lifestyle in many areas. If you own any XRP, I believe you’re already ahead of a whole lot of people. The key is defining what “rich” means to you. Here’s a clip from my last stream with @digitaloutlook3 For some, it’s freedom from a 9–5. For others, it’s funding a dream lifestyle with passive income.… pic.twitter.com/zBzWJcKi76 — Jake Claver, QFOP (@beyond_broke) July 22, 2025 On the other hand, other market observers have urged investors to aim for 40,000 or 50k XRP—currently worth over $150,000—while planning for more moderate price goals. Those forecasts differ widely, reflecting both hope and caution in the community. What’s Next For XRP? In the end, Pantoja’s tip and the on‑chain figures give retail holders reason to pay attention. But without clear details from his D.C. contacts, it’s hard to say if this is a signal to buy more or simply another wave of hype. Related Reading: Countdown To August 15: What XRP Investors Need To Know Investors thinking of adding to their stacks should set clear goals, watch their risk, and have a plan in case the “Big Move” never lands. Whether you hold 1,000 XRP or 50,000 XRP, now might be the time to rethink your strategy—and stay ready for whatever comes next. Featured image from Meta, chart from TradingView

#ripple #xrp #xrp price #chris larsen #xrp news #xrpusd #xrpusdt #javon marks

The XRP price is gaining traction once again as bullish signals strengthen across the charts. Following a decisive move above a critical support level, the cryptocurrency is now positioned for a potential upward move. A new technical analysis suggests that XRP could climb over 44%, targeting $4.804 in the near term—but only if the support level remains intact.  XRP Price To Pump 44% If Support Holds Despite experiencing a pullback these past few days, the XRP price continues to show strong bullish momentum as it aims for new highs. In a recent analysis on X social media, crypto market expert Javon Marks forecasted that XRP may be on the brink of a significant price breakout. Related Reading: XRP Price Forms Double Top, This Structure Says A Crash Is Coming According to his price chart, the cryptocurrency is trading significantly above $2.47, a level that has been confirmed as a key support zone. Marks’ chart shows that this support level was previously a resistance and now serves as a foundation for the next potential leg higher.  The expert’s analysis indicates that as long as XRP continues to hold above the support level, the next upward target remains firmly set at $4.804. This level represents a 44% price increase from its current price of $3.12. Notably, the technical setup presented by the analyst includes a consistent trend of higher lows, reinforcing the potential for a larger breakout to unfold.  Mark’s chart also outlines an extended target beyond $4.804. If XRP manages to reach and break above this initial level, the analyst projects a potential surge toward $7.138, reflecting an impressive 128.7% increase from current prices. Notably, a possible move above $4 would already mark a new all-time high for the third-largest cryptocurrency—but breaking past $7 would represent a historic rally, indicating a strong continuation of the current bullish sequence.  XRP Teeters At $3 After Rejection From Resistance XRP is currently at a critical turning point as price action rejected sharply from the $3.66 resistance level, sliding nearly 11% to test the $3.00 support zone. Based on a technical analysis by crypto expert Gael Gallot, this rejection follows a breakout attempt from a long-form symmetrical triangle stretching back to February.  Related Reading: XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65 XRP’s daily chart shows its price forming a large ascending triangle pattern, though the recent rejection at the top of the trendline hints at an incoming upward move. Notably, Gallot predicts that a confirmed breakout and retest above $3.3 could ignite the next leg up, with XRP possibly revisiting the $3.66 zone and beyond.  The analyst calls this phase a “Pullback or Setup,” highlighting a mix of signals, including a sharp 44% decline in active XRP wallets as whales accumulate over 280 million tokens even as Ripple co-founder Chris Larsen reportedly moved 50 million XRP. Short-term sentiment also appears mixed, with US traders staying cautious while Asian markets show signs of steady accumulation. Featured image from iStock, chart from Tradingview.com

#bitcoin #eth #usdt #solana #btc #ripple #dogecoin #gemini #xrp #shiba inu #doge #meme coin #securities and exchange commission #xrp price #shib #xrp news #xrpusd #xrpusdt #judge torres analisa #us sec #gusd

After a relatively quiet week for altcoins, XRP, Dogecoin, and Shiba Inu received a fresh wave of attention thanks to a major update from Gemini. The US-based crypto exchange announced that it is now officially allowing these three tokens, as well as Bitcoin Cash and Solana, as cross-collateral assets for its derivatives platform.  Major Boost For XRP, Dogecoin, And Shiba Inu Gemini’s decision allows XRP, DOGE, and SHIB holders to use their tokens as collateral for GUSD-settled perpetual contracts, a feature that was previously limited to BTC, ETH, USDT, and Gemini stablecoin GUSD. All five newly supported tokens come with varying collateral “haircuts,” meaning only a portion of their value is counted toward margin requirements. XRP and Solana each have a 15% haircut, while Dogecoin and Shiba Inu face a more severe 30% haircut due to their higher volatility profiles. Related Reading: XRP Price Set To Teleport As Major Financial Players Tap In — Opportunity Window Closing Fast Gemini has made it easier for users to trade derivatives using a broader range of holdings by bringing these newer assets into the fold. This move not only deepens the utility of these cryptocurrencies but also opens up new use cases for traders who want to leverage their holdings in perpetual contracts without converting to stablecoins. It’s a particularly meaningful step for XRP, which has been working to strengthen its institutional appeal and global payments utility. The move is also beneficial for meme coins Dogecoin and Shiba Inu, which are seeing increasing demand outside of the meme coin niche. This expansion also shows a larger trend in crypto derivatives. Many crypto exchanges, especially those in the US, are increasingly opening their doors to altcoins. It is also a drastic turnaround from the state of the crypto market some years back.  For nearly three years, XRP was delisted or unavailable on most US-based trading platforms due to the legal battle between Ripple and the US Securities and Exchange Commission. It wasn’t until July 2023, following Judge Analisa Torres’s partial ruling that XRP was not a security when sold on exchanges, that the token began to make its return to major US platforms, including Gemini. Price Action Trending Downwards At the time of writing, XRP is trading around $3.13, a 1.4% decline from the previous day but still holding within its recent range between $3.06 and $3.18. Dogecoin is trading at $0.2226, with modest intraday movement after failing to sustain its push above $0.23. The king of meme coins is down by 3.2% and 14.2% in the past 24 hours and seven days, respectively.  Related Reading: Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge Shiba Inu, meanwhile, is trading at $0.000013, also down by about 4% in the past 24 hours and over 13% in the past seven days. Nonetheless, many analysts still maintain a bullish long-term outlook for these cryptocurrencies. Forecast models project that Dogecoin could climb to $1 in the current bull cycle, while SHIB is expected to reach at least $0.000045. XRP’s trajectory is even more ambitious among many crypto analysts, with price targets ranging from $9 to $10 if adoption momentum continues and pending US Spot ETF applications finally receive approval from the SEC. Featured image from iStock, chart from Tradingview.com

#xrp #xrp price #rsi #xrp news #xrpusd #xrpusdt #dark defender #relative strength index #elliot wave theory

XRP is holding strong above the key $3 level, keeping its bullish breakout intact. With Wave 4 consolidation underway, a push into Wave 5 could propel the price toward $6 and beyond. Wave Structure Confirmed: XRP Completes Wave 3, Wave 4 Consolidation Underway In an X post, Dark Defender recalled an earlier post shared on July 6, where he outlined a weekly wave structure for XRP with an initial target of $3.61. Building on that analysis, he has now presented the daily chart of the same wave structure, offering a closer look at XRP’s ongoing price action within the broader Elliott Wave framework. Related Reading: Crypto Analyst Warns XRP Investors Amid Market Retrace According to Dark Defender, XRP has already completed Wave 1, Wave 2, and Wave 3 of the current cycle. The price is now in Wave 4, which appears to be a period of consolidation. This consolidation phase is also reflected in the Relative Strength Index (RSI), which signals that the market is taking a breather before the next potential leg higher. Looking ahead, Dark Defender projects the Wave 5 target to be approximately $5.8563, noting that this is not financial advice (NFA). He maintains his initial target of $3.61 while adding $5.85 as a potential high for this next impulsive move. These targets are based on the continuation of the current wave structure, assuming support levels hold. Key support for XRP is identified around $3.07. As long as XRP maintains this support and progresses through Wave 4, the bullish wave setup remains valid, with eyes firmly on a breakout toward the $5.85 mark. The Altcoin Eyes First Ever Monthly Close Above $3 Sonia S., in her latest post on X, pointed out that XRP is poised to achieve a historic milestone by closing the month above $3 for the first time ever. This potential monthly close marks a major bullish development and could signal the start of a new phase in XRP’s long-term price movement. Related Reading: XRP Won’t See Devastating Pullback Because ‘The Train Has Left The Station’ She identified a crucial breakout zone between $1.97 and $3.01, which XRP has successfully cleared. With this breakout confirmed, Sonia highlighted the next key psychological targets at $4.50 and $6.00+ levels that could attract significant attention from both traders and investors. As long as XRP maintains its position above $3 on the monthly chart, Sonia noted that price discovery becomes possible, given the lack of historical resistance beyond this level. However, Sonia also warned that if XRP fails to hold above $3 and closes back below this level, the breakout would be invalidated. Such a move could indicate a false breakout and potentially lead to a pullback, making the $3 level a crucial line for the bulls. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a downside correction below the $3.20 zone. The price is now attempting a recovery and might aim for a move above the $3.180 level. XRP price started a fresh pullback below the $3.20 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.080 zone. XRP Price Eyes Fresh Increase XRP price started a fresh decline below the $3.30 zone, unlike Bitcoin and Ethereum. The price declined below the $3.250 and $3.220 support levels. The price dipped below the 50% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. The bears even pushed the price below the $3.120 support zone. Finally, the bulls appeared near the $3.080 level. The price found support near the 76.4% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. Recently, there was a break above a bearish trend line with resistance at $3.120 on the hourly chart of the XRP/USD pair. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.170 level. The first major resistance is near the $3.20 level. A clear move above the $3.20 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.330 resistance or even $3.350 in the near term. The next major hurdle for the bulls might be near the $3.40 zone. Another Drop? If XRP fails to clear the $3.20 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level. The next major support is near the $3.020 level. If there is a downside break and a close below the $3.020 level, the price might continue to decline toward the $3.00 support. The next major support sits near the $2.980 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.080 and $3.020. Major Resistance Levels – $3.170 and $3.20.

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a downside correction below the $3.250 zone. The price is now consolidating and might dip further below the $3.050 zone. XRP price started a fresh pullback below the $3.250 zone. The price is now trading below $3.220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3.240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.080 zone. XRP Price Dips Below Support XRP price started a fresh decline from the $3.330 zone, like Bitcoin and Ethereum. The price declined below the $3.2850 and $3.250 support levels. The price dipped below the 50% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. Besides, there was a break below a key bullish trend line with support at $3.240 on the hourly chart of the XRP/USD pair. The decline was such that the price traded below the $3.120 level. The price is now trading below $3.150 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.1680 level. The first major resistance is near the $3.220 level. A clear move above the $3.220 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.330 resistance or even $3.350 in the near term. The next major hurdle for the bulls might be near the $3.40 zone. Another Drop? If XRP fails to clear the $3.250 resistance zone, it could start another decline. Initial support on the downside is near the $3.080 level or the 76.4% Fib retracement level of the upward move from the $3.004 swing low to the $3.330 high. The next major support is near the $3.050 level. If there is a downside break and a close below the $3.050 level, the price might continue to decline toward the $3.020 support. The next major support sits near the $3.00 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.080 and $3.00. Major Resistance Levels – $3.1680 and $3.250.

#xrp #altcoin #xrp price #xrp news #xrpusd #xrpusdt #dark defender #elliott wave theory

The XRP price broke out of an almost seven-year downtrend in 2024 and is now trading above $3, sparking renewed optimism across the market. With its steadily growing price, crypto analyst JackTheRippler claims that XRP is unlikely to face any major pullback like in the past, believing that the altcoin has entered a new bullish phase—and the “train has left the station.” XRP Unlikely To Revisit Previous Lows In a bold assertion that challenges typical post-rally pullback expectations, JackTheRippler has doubled down on his earlier outlook for XRP, claiming that a dramatic price retracement is no longer on the table. According to a price chart shared via X social media alongside his analysis, XRP has successfully broken out of a multi-month descending triangle pattern and surged beyond key resistance levels, skyrocketing above $3.6 before consolidating around $3.19.  Related Reading: Crypto Analyst Warns XRP Investors Amid Market Retrace The chart reveals that XRP maintained strong horizontal support near the $1.77 region for several months, forming the base of the triangle. Despite multiple attempts to breach this level during its consolidation phase, the token held firm. The recent breakout in late July above $3.6 marked a significant shift in XRP’s structure, invalidating the downward trendline that had capped price action since December 2024.  In his post, JackTheRippler emphasized that, unlike in previous cycles, XRP is unlikely to return to earlier lows. The analyst declared that “the train has left the station,” implying that the window to buy at significantly lower levels has decisively closed due to a  price floor increase.  With XRP now trading above $3.3, the main question is whether this level will establish itself as firm support and potentially propel it to new levels. Based on the cryptocurrency’s current technical setup and JackTheRipple’s confident projection, the path forward for XRP suggests continued upward momentum rather than a reversal.  Analyst Unveils XRP Next Bullish Targets A recent chart analysis shared by crypto analyst Dark Defender suggests that XRP’s long-standing cooling period may be finally coming to an end. According to the pattern highlighted on the chart, the cryptocurrency appears to be mirroring its 2017 setup—a formation that led to an explosive breakout. Related Reading: XRP Price Forms Double Top, This Structure Says A Crash Is Coming With XRP now consolidating above $3.3, Dark Defender argues that this phase resembles a stabilization period that preceded the previous bull run, marked by a breakout from a descending wedge and rapid vertical gains. Based on the Elliott Wave Theory, the analyst has set XRP’s next bullish targets for $13.13, $18.22, and $36.76.  According to Dark Defender, the cryptocurrency’s price surge observed in June and July confirms its breakout structure, positioning August as a potentially explosive month for the asset. Chart comparisons between the 2017 and 2025 cycles highlight striking similarities, each featuring a sharp rally, a descending consolidation, and a breakout that historically led to parabolic gains. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a fresh increase from the $2.950 zone. The price is now trading above $3.20 and might aim for more gains in the near term. XRP price started a fresh increase above the $3.20zone. The price is now trading above $3.220 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3.240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.150 zone. XRP Price Eyes Fresh Rally XRP price started a fresh decline below the $3.250 support zone, underperforming Bitcoin and Ethereum. The price declined below the $3.20 and $3.050 support levels. The decline was such that the price traded below the $3.00 level. A low was formed at $2.959 and the price is now correcting losses. There was a move above the 23.6% Fib retracement level of the recent decline from the $3.650 swing high to the $2.959 low. Besides, there was a break above a key bearish trend line with resistance at $3.240 on the hourly chart of the XRP/USD pair. The price is now trading above $3.250 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.30 level and the 50% Fib retracement level of the recent decline from the $3.650 swing high to the $2.959 low. The first major resistance is near the $3.3850 level. A clear move above the $3.3850 resistance might send the price toward the $3.450 resistance. Any more gains might send the price toward the $3.50 resistance or even $3.5120 in the near term. The next major hurdle for the bulls might be near the $3.650 zone. Another Drop? If XRP fails to clear the $3.30 resistance zone, it could start another decline. Initial support on the downside is near the $3.20 level. The next major support is near the $3.150 level. If there is a downside break and a close below the $3.150 level, the price might continue to decline toward the $3.050 support. The next major support sits near the $3.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.20 and $3.150. Major Resistance Levels – $3.30 and $3.3850.

#ripple #xrp #altcoin #altcoins #digital currency #crypto market #cryptocurrency #xrpusd

XRP’s technical setup is playing out another major move, and this time the bullish momentum is being backed by the reappearance of one of its most powerful historical indicators. According to a new analysis posted by Egrag Crypto on the social media platform X, XRP’s 21 EMA and 55 SMA weekly crossover has been playing out quite nicely, with XRP recently hitting $3.65 on July 18 before cooling off. Now, this analysis projects that the pattern may still be in its early stages. Based on historical outcomes, XRP might be on track to reach as high as $9 or even $24. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says Bull Crosses Cause Massive Rallies For XRP EGRAG’s chart, which displays XRP’s weekly price action with the 21 EMA and 55 SMA trendlines, shows that each time a bullish crossover occurred between the two trendlines, it marked the beginning of a strong price rally. The first instance of such a cross was in March 2017, and by the end of that cycle, XRP’s price had reached a peak that represented a 40,000% surge from its low. Then in August 2020, a similar crossover produced a 750% pump before topping out. The most recent bullish crossover occurred in October 2024 and has so far resulted in a 560% rise from XRP’s bottom in September 2024. However, there was a similar temporary pump in April 2023 that Egrag excluded from his model. Based on different assumptions about the previous price playout between the two cycles, the analyst outlined two possible targets for the current cycle. The first projection is a 1,500% rally, double that of 2020’s run, which would place the price peak for this cycle at $9. The second projection is a 4,000% rally, which represents just 10% of the massive 2017 spike. This second, more bullish projection places XRP’s price peak anywhere at $24. Chart Image From X: Egrag Crypto XRP Drops To Retest $3 After New ATH At $3.65 After reaching a new cycle high of $3.65 on July 18, XRP failed to hold above the $3.21 resistance zone and corrected down to test the $3.00 support level on July 24. The price volatility, although strong, wasn’t enough to break this support level.  Crypto analyst CasiTrades also weighed in on the current technical setup by pointing to an Elliott Wave count that suggests a major third wave is about to begin. In her analysis posted on X, she confirmed that XRP has completed a subwave 2 correction, reaching the deep 0.854 Fibonacci retracement level before bouncing. What’s important here is that the price held above $3, never forming a new low, which is probably now a new price floor. Chart Image From X: CasiTrades Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst If buying volume increases and XRP regains its hold above $3.21, the next move is to target $3.82, which coincides with the 2.618 Fibonacci extension. Interestingly, the analyst noted that $3.82 also aligns with what many platforms historically recorded as XRP’s new all-time high. Should XRP close a weekly candle above $3.82, it could lead to prices that align with Egrag’s projections. At the time of writing, XRP is trading at $3.17. Featured image from Getty Images, chart from TradingView

#ripple #xrp #brad garlinghouse #altcoin #xrp price #youtube #ripple news #xrp news #xrpusd #xrpusdt #us sec

Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse, has issued a serious warning to XRP investors amid a surge in scam activity targeting investors across social media platforms like YouTube. The alert follows increasing reports of fraudulent accounts impersonating Ripple and its executives, with the aim of tricking users into sending their XRP.    Ripple Warns Investors Of Rising XRP Scams On July 23, Garlinghouse took to X social media to raise the alarm on a sharp rise in XRP scams, urging investors and community members to stay alert. According to the Ripple CEO, scammers are capitalizing on market momentum and community excitement to ramp up impersonation schemes, particularly targeting unsuspecting XRP holders. Related Reading: How Ripple Is Taking On SWIFT To Grab 14% Market Share As XRP Price Surges One of the most notable developments flagged by Garlinghouse is a recent surge in fraudulent activity on YouTube, where scammers have taken over existing channels, rebranded them to resemble recognized Ripple accounts, and begun promoting misleading content that impersonates the crypto company and its executives. In its official X account, the Ripple team stressed that these YouTube accounts are legitimate and do not belong to the crypto firm, despite appearing convincing. In many cases, the usernames have been altered to mimic the company’s official handles, often making it difficult for unsuspecting users to identify the deception. These scam videos frequently promise giveaways, rewards, or investment multipliers, usually asking users and investors to send XRP in exchange for a larger return. Garlinghouse has emphasized that neither he nor Ripple will ever request XRP from anyone under any circumstances.  To combat the growing threat of skyrocketing crypto scams, Ripple is actively and aggressively reporting these fraudulent accounts and encouraging its community to do the same. The company has reiterated that its official channels remain the only trusted sources of communication and provides a direct reminder to always verify account handles and links before engaging. Notably, Garlinghouse concluded his post with an important reminder to stay vigilant against avoidable losses. He warned that “if it sounds too good to be true, it probably is.”  Ripple Alert Highlights Broader Threat Amid Market Recovery Beyond the immediate focus on the YouTube impersonation scams, Garlinghouse’s report touches on a broader trend of escalating crypto fraud that tends to spike during periods of market recovery or growing optimism. This pattern, described by the Ripple CEO as “like clockwork,” suggests that malicious actors closely monitor community sentiment and time their campaigns to exploit emotional and financial excitement. Related Reading: XRP Transactions Barrels Over $1 Billion To Monthly Highs, Are Whales Driving The Next Leg? In a broader context, the rise in XRP scams has coincided with the recent surge in the altcoin’s price to above $3.6. Additionally, they come after bullish news like Ripple’s growing regulatory clarity and legal win against the US SEC. As the XRP price inches closer to ATH levels and gains more momentum, bad actors are leveraging this wave of optimism to cast a wider net, targeting investors through sophisticated scams and fraudulent schemes. Featured image from Getty Images, chart from Tradingview.com

#xrp #xrp price prediction #xrpusd #xrpusdt #xrp all-time high #elliot wave theory #casitrades

Renowned market expert with X username CasiTrades has shared an interestingly bullish insight on the XRP market. Notably, this price forecast comes following a broader crypto market correction in the past week, during which XRP has registered a 6.74% price decline. XRP Bulls Eye Return To ATH After $3 Retest In an X post on July 25, CasiTrades shows that XRP is on the brink of a major price surge based on the indications of the Elliot Wave Theory – a technical framework that proposes that price movements occur in five repetitive waves. Amidst the price decline in the last week, XRP failed to hold above the critical $3.21 price level, forcing a retrace to retest the major $3.00 support zone, resulting in a slight price bounce. Despite this bearish event, the analyst notes encouragingly that the altcoin did not form a new price low, suggesting the larger bullish structure remains intact. Related Reading: XRP To $10? Basketball Legend’s Poll Puts Crypto On Center Court CasiTrades explains that XRP’s latest retracement reached a deep 0.854 Fibonacci level, a classic reversal zone for second waves in a bullish five-wave structure. This deep pullback, combined with the strong bounce off $3.00, signifies the potential bottom of Wave 2. If bulls can hold the price above this support, this sets the stage for the beginning of Wave 3, the strongest and most explosive leg in the Elliott Wave Theory.   For context, the Elliot wave theory begins with an initial price rise, i.e, Wave 1, followed by Wave 2, a pullback that doesn’t breach the starting point. Wave 3 is usually the strongest and longest, driven by increased participation and bullish momentum. Meanwhile, Wave 4 brings another correction, often less severe than Wave 2, before Wave 5 pushes prices to a final high. For Wave 3 to commence in the present market, CasiTrades states the next price target lies at the $3.21 region, which represents a crucial resistance. If XRP produces a sustained breakout above this price barrier, it validates the proposed bullish scenario. In this case, the analyst identifies an immediate price target of $3.82, which aligns with the 2.618 Fibonacci extension of the prior move. Interestingly, this price zone also represents XRP’s all-time high on certain markets. This confluence strengthens confidence in the bullish scenario,  especially considering that if the Elliott Wave structure plays out fully, a Wave 5 rally could propel the altcoin into uncharted price territory. Related Reading: Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000 XRP Price Overview At the time of writing, XRP is valued at $3.20 following a price rebound of 5.52% in the past 24 hours. Featured image from Pexels, chart from Tradingview  

#xrp #altcoin #xrp price #coinmarketcap #xrp news #xrpusd #xrpusdt #fibonacci extension #casitrades

Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs.  XRP Needs to Break Above the $3.6 Resistance In an X post, Steph shared a video in which he analysed the XRP monthly chart, dating back to the 2020 bull run. He highlighted an upward-sloping trendline for the altcoin, which showed that the altcoin has faced rejection at around the $3.6 level twice now. The first was in January of this year, when the altcoin surged to a yearly high.  Related Reading: Expect A “Biblical Move” Off This Formation; Analyst Tells XRP Investors Meanwhile, the second has occurred again following the XRP’s latest rally to a new all-time high (ATH) around this $3.6 resistance. Steph declared that the altcoin needs to break above this multi-year trendline resistance, as it risks falling into “an ugly period of downward momentum” if it can’t flip this level into support.  However, if XRP breaks above this resistance, Steph predicts that it could record a parabolic rally, which would send its price into double digits. The crypto analyst is more confident that the altcoin will break this resistance, noting that other bullish patterns support sustained bullish momentum.  In the short term, Steph predicts that XRP could rally to as high as $4.42. He highlighted a double bottom breakout on the 4-day chart, which is still in play for the altcoin. He assured that XRP could still maintain this upward momentum despite the current pullback in the broader crypto market.  However, if this bearish trend in the crypto market sustains for a while, he warned that the $3 support level is the one that XRP needs to stay above to avoid losing its bullish structure. The analyst expects a lot of buying pressure if the altcoin were to drop to this support level.  What Next As The Altcoin Retests $3 In an X post, crypto analyst CasiTrades noted that XRP was unable to hold the $3.21 resistance and has now fallen back to test the $3 support. She stated that the altcoin appears to have completed a subwave wave 2 of a new trend, reaching a deep .854 retrace. If this new low holds as support, then she suggested that it could kickstart a large impulse to the upside.  Related Reading: XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval CasiTrades predicts that XRP could reach new highs if volume begins to rise and the price starts moving back above the $3.21 resistance. She noted that the first wave 3 sits near $3.82, which is the 2.618 Fibonacci extension. Her accompanying chart showed that the altcoin could reach $3.8 on this next run-up.  At the time of writing, the XRP price is trading at around $3.16, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrp price #ripple news #xrp news #xrpusd #xrpusdt

The XRP price rally has already seen it reclaim the $3.6 level once this year before slowing back down again. This slowdown has raised concerns of a possible end to the rally. But the formation of a Cup and Saucer Pattern actually tells a different story. Since this pattern is yet to be completely fulfilled, there is the possibility that the XRP price rally has only entered a possible slowdown and will continue to rise from here. Why The XRP Price Rally Is Still In Motion Crypto analyst Cryptinsightuk took to X (formerly Twitter) to share the formation of a Cup and Saucer pattern on the XRP price pattern. This comes after double rejection from the $3.65 level, which is now acting as the major resistance to the altcoin’s continuation of the rally. However, while this double rejection is concerning, the emergence of the Cup and Saucer pattern suggests a sustained bullish trend. Related Reading: XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval Cryptoinsightuk explains that despite the rejections, the XRP price has continued to put in higher lows. Naturally, this is bullish for the price regardless of where the resistance lies. Going by the chart as well, it is obvious that there is still a way to go before the pattern plays out completely and suggests a decline in the price. From here, the analyst expects that the XRP price will indeed continue to rise. One of the major reasons that this remains bullish is the fact that this formation is coming above previous range highs. Therefore, Cryptoinsightuk explains that it is more likely a continuation pattern leading to a breakout than it is to lead to a breakdown in price. If the Cup and Saucer pattern does hold up and continue as expected, then the next target would be to retest and break the resistance that has mounted at $3.65. Once this resistance breaks, then a continuation of the rally would put XRP back on the path toward new all-time highs above $3.8. Bullish Developments Spark Hope Not only are the charts showing bullish momentum for the XRP price, but other market developments have also put the altcoin on a positive path. The latest of these is the SEC approval of the Bitwise 10 Crypto Index Fund  earlier in the week, which includes XRP as one of the cryptocurrencies held by the fund. Although the SEC eventually stayed the decision and is now under review. Related Reading: Ethereum Price On The Verge: Banks And State Buy To Push ETH Above $5,500? This comes just a week after the first XRP ETF was approved for trading by the regulator last week, paving a way for more institutional investors to have access to the altcoin. Grayscale has also applied to convert its Grayscale Digital Large Cap Fund LLC, which also includes XRP, into an ETF, and is awaiting approval from the SEC as well. Featured image from Dall.E, chart from TradingView.com

#xrp #xrp price #rsi #xrp news #xrpusd #xrpusdt #relative strength index #fibonacci extension #casitrades

XRP has entered a period of quiet movement following its rally last week that pushed its price to new all-time highs. Particularly, XRP’s price has hovered between $3.40 and $3.60 over the past few days. This structure has caught the attention of crypto analyst CasiTrades, who shared her detailed outlook on the social media platform X. Her accompanying chart breaks down the ongoing setup and shows the significance of the $3.40 support alongside the bullish implications of XRP’s behavior just beneath the resistance zone. Former Resistance Now Support CasiTrades points to a classic bullish flip taking place in XRP’s chart pattern on the 1-hour candlestick timeframe. A key trendline, which had previously served as overhead resistance, has now been flipped and is acting as support. This shift has played out with precision, as price has tested the trendline three times and each bounce affirms that buyers are stepping in with confidence. According to her analysis, this kind of structural transition might be subtle, but momentum is quietly building up for XRP’s next price move. Related Reading: ‘XRP Is The End Game’ — Pundit Reveals Why It’s Better Than Bitcoin The trendline, which has now flipped to support, sits just above the $3.40 level, and its resilience has helped XRP avoid any serious breakdowns since last week. As long as this line continues to hold, bulls will remain in control. To sum it up, the analysis shows that XRP is now in an accumulation phase rather than exhaustion, which is notable considering its significant rise earlier in the first half of July. Furthermore, a look at the Relative Strength Index (RSI) on the 1-hour candlestick timeframe chart shows that there’s still room for momentum to push higher than $3.65 before the end of the month.  However, the analyst also acknowledges that nothing is guaranteed. If the $3.40 support gives out, the XRP price could retrace to $3.20, where the 0.236 Fibonacci retracement level lines up. Other Fibonacci price levels to watch for a rebound are at $2.96, $2.76, $2.56, $2.50, and $2.27. Next Target Lies At $4.65 The trendline’s consistency, combined with the RSI levels, makes a stronger case for a breakout than a breakdown. The road ahead could open up well if XRP can bounce well at $3.40 and finally punch through the $3.60 to $3.66 resistance range. CasiTrades identified $4.65 as the next major level to watch, a target derived from the 2.618 Fibonacci extension of the previous rally. In the meantime, a middle price level to watch is at $4.11 on the path to $4.65. “The volatility above here gets wild and fast,” the analyst said. Related Reading: XRP Headed For ‘Insane Levels’ — Major Predictions After Hitting 7-Year High Once the XRP price clears $3.65, the path to $4.65 becomes much more probable, especially if the wider market sentiment shifts in favor of bullish price action. Featured image from Getty Images, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a downside correction from the $3.650 zone. The price is now trading below $3.30 and remains at risk of more losses. XRP price started a downside correction below the $3.50 zone. The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3.30 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.050 zone. XRP Price Dips Further XRP price started a fresh decline after it failed to clear the $3.650 resistance zone, like Bitcoin and Ethereum. The price declined below the $3.450 and $3.350 support levels. The decline was such that the price traded below the $3.120 level. A low was formed at $3.050 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $3.650 swing high to the $3.050 low. The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3.30 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $3.2320 level. The first major resistance is near the $3.2650 level. A clear move above the $3.2650 resistance might send the price toward the $3.350 resistance or the 50% Fib retracement level of the recent decline from the $3.650 swing high to the $3.050 low. Any more gains might send the price toward the $3.450 resistance or even $3.50 in the near term. The next major hurdle for the bulls might be near the $3.650 zone. Another Drop? If XRP fails to clear the $3.350 resistance zone, it could start another decline. Initial support on the downside is near the $3.150 level. The next major support is near the $3.120 level. If there is a downside break and a close below the $3.120 level, the price might continue to decline toward the $3.050 support. The next major support sits near the $3.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.120 and $3.050. Major Resistance Levels – $3.250 and $3.350.