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The crypto market is buzzing after the launch of the first U.S. spot XRP ETFs, a development that has injected fresh institutional energy into the asset. Related Reading: Famous Trader Bets $27 Million That The XRP Price Will Crash With multiple high-performing firms entering the race, including Canary Capital, Franklin Templeton, and Grayscale, a bold question is resurfacing across the industry: Can XRP realistically challenge Ethereum for the No. 2 spot in the global cryptocurrency rankings? XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview XRP ETFs Ignite Institutional Momentum The launch of XRP ETFs in November 2025 marked a historic moment for the asset. Canary Capital’s XRPC debuted with over $58 million in first-day volume, the strongest ETF opening among hundreds launched this year. Franklin Templeton has now filed its Form 8-A to list the Franklin XRP ETF on NYSE Arca, signaling that another major player is just days away from going live. This influx of institutional interest mirrors the early phases of Bitcoin and Ethereum ETF rollouts, characterized by short-term volatility followed by broader adoption. Though XRP’s price consolidated around the $2.12–$2.17 zone after the initial spike, analysts argue that ETF inflows operate with settlement lags through OTC desks. In other words, the actual impact on market price may not be realized until later. Can XRP Truly Compete With Ethereum’s Dominance? Despite XRP’s explosive year, marked by record utility, rising XRPL adoption, and Ripple’s $500 million strategic investment, the asset still faces a steep climb if it hopes to overtake Ethereum. Ethereum remains firmly in second place with a $373 billion market cap, supported by a massive ecosystem of decentralized applications, smart contracts, and tokenized assets. XRP, currently around $129 billion, operates on a network optimized for payments rather than programmable applications. Analysts note that while XRP’s institutional use cases are deepening, particularly in cross-border settlement, tokenization, and banking infrastructure, the lack of a native smart-contract layer limits its ability to mirror Ethereum’s developer-driven demand. For now, experts say that overtaking Ethereum is unlikely in the short to medium term. But with expanding utility, ETF-driven accumulation, and growing adoption in Japan, the U.S., and global banks, XRP’s market cap could still climb substantially. Price Outlook: Volatility Now, Bigger Moves Later From a technical standpoint, XRP is sitting at a critical support zone near $2.12, repeatedly testing the 0.382 Fibonacci level. Selling pressure remains present, with capital outflows and lower highs on the chart. Yet open interest has surged from $1 billion to over $6 billion since October, signaling strong trader engagement. Related Reading: Analyst Says You’re Looking At XRP The Wrong Way, Here’s What It Actually Does Long-term forecasts from analysts remain optimistic, with some projecting possible runs toward $6–$25 if ETF inflows intensify and liquidity tightens. As November and December usher in multiple ETF listings, XRP’s next major move will likely be shaped by how quickly institutional allocations scale. Cover image from ChatGPT, XRPUSD chart from Tradingview

#ripple #xrp #glassnode #xrp price #santiment #coinmarketcap #xrp news #xrpusd #xrpusdt #ali martinez #lookonchain #casitrades

A famous trader is betting on a significant XRP price crash amid this recent market downtrend. The altcoin continues to struggle despite the recent launch of Canary’s XRP ETF, with popular analyst Ali Martinez suggesting it could soon drop below the psychological $2 level.  Famous Trader Opens $27 Million Short Position On XRP In an X post, the on-chain analytics platform Lookonchain revealed that a famous trader is shorting the market again, opening a 20x short on XRP worth $27.4 million. The trader has also opened short positions of 40x and 10x on Bitcoin and ZEC, respectively, worth $148.5 million and $20.4 million.  Related Reading: Abundance of Catalysts Suggests XRP Price Could Take Off This Week This comes as the XRP price continues to struggle, putting it at risk of a further decline, especially with concerns that Bitcoin may already be in a bear market. Crypto analyst Ali Martinez also predicted that XRP could drop to as low as $1.73 if it loses the $2.15 support level.  Meanwhile, XRP continues to face significant selling pressure despite increased institutional adoption through the launch of Canary’s XRP fund, with more XRP ETFs also set to launch. Santiment data shows that whales holding between 1 million and 10 million coins recently sold almost 200 million coins in the space of 48 hours.  This may just be the start of a larger sell-off following Glassnode’s recent revelation. The on-chain analytics platform revealed that the share of XRP supply in profit has fallen to 58.5%, which is the lowest since November 2024, when the price was trading at around $0.53. Glassnode further noted that despite XRP trading 4x higher now, 41.5% of its supply (around 26.5 billion) sits in loss, which it claimed is a “sign of a top-heavy and structurally fragile market”. Macro Structure Points To A Decline To $2.03 Crypto analyst CasiTrades stated that XRP is still likely making its way down to the macro .5 fib support at $2.03. She claimed that the move is playing out perfectly as Wave 2s are corrective and that the choppiness is exactly how the market should behave. The analyst further revealed that the only invalidation of the drop to the $2.03 support is a decisive break above the macro .382 level at $2.41.  Related Reading: Analyst Says XRP Has 2 Options Right Now, Reveals Why Investors Win Either Way CasiTrades explained that this $2.41 level remains the line in the sand and that, as long as XRP stays below it, the structure points to a final sweep of $2.03. She also raised the possibility of a drop to the “still-valid” macro target at $1.65, which is the .618 fib level. The analyst noted that Wave 2 corrections commonly reach the .618 and that the longer XRP ranges without breaking resistance, the more probable a drop to that level becomes.  CasiTrades stated that a move to $1.65 would not be bearish, as it would build the kind of momentum needed for a powerful macro Wave 3 to new all-time highs (ATHs). She has predicted that XRP could rally to a new ATH of as high as $10.  At the time of writing, the XRP price is trading at around $2.15, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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

There’s a growing undercurrent of frustration among crypto investors watching XRP drift lower, seemingly tied to broader swings in the entire market. But a different perspective came to light after a post by Versan Aljarrah, founder of Black Swan Capitalist, who suggested that the entire discussion around XRP’s day-to-day price movement is rooted in a fundamental misunderstanding of what the asset actually represents. What XRP Really Does Aljarrah challenged the tendency to judge XRP as if it were a typical speculative crypto asset running on a debt-based system of inflows and hype. His point was that saying XRP keeps dropping assumes it is meant to trade like every other token whose value is tied almost entirely to leverage trading and investor appetite.  Related Reading: Model Shows How XRP Could Hit $24 After ETFs Go Live According to the analyst, XRP’s behavior only appears conventional because it is currently coupled to the wider market for now. He framed its long-term purpose as entirely different.  Instead of functioning primarily as a speculative instrument, the analyst described XRP as a settlement asset designed to assist in resolving debt, improve liquidity pathways, and ultimately step outside the constraints of the system it currently mirrors. This reasoning implies that temporary dips, even deep ones, should not be interpreted as failures of the cryptocurrency but as noise while utility-based value continues to build underneath. Recent Market Events Still Pull XRP Into Short-Term Volatility XRP’s recent price and market cap behavior confirm its tight connection to market sentiment, at least in the near term. The XRP market cap chart shows the drastic decline that the cryptocurrency has faced in recent months. This decline has seen the XRP market cap fall from over $210 billion to around $129 billion at the time of writing. XRP Market Cap. Source: @VersanAljarrah On X That volatility mirrors what has been happening across the wider crypto market, where investor positioning has shifted quickly around ETF expectations, news, and liquidations. In the past week, XRP’s price has pulled back along with Bitcoin and Ethereum due to heavy selling pressure.  Related Reading: Here’s Why The Bitcoin Price Could Pump To $110,000 This Week However, speaking of utility-based value, the ecosystem around XRP has quietly been delivering some positive developments that may not yet be fully reflected in price action. Ripple, the company behind XRP, has been making acquisitions and entering into partnerships to boost its adoption. Ripple has spent nearly $4 billion on acquisitions, including recent acquisitions of Hidden Road for $1.25 billion and stablecoin platform Rail for $200 million. Another development is that Ripple Labs expanded its partnership with Thunes in September 2025 to improve its cross-border payment infrastructure.  Momentum is also visible on the ETF front. A Spot XRP ETF launched by Canary Capital on November 13, 2025 pulled in $268 million in inflows so far and was described as the largest crypto-ETF debut of the year.  Further ETF launches are queued: four additional spot XRP ETFs were expected in the study week beginning November 18, 2025 (with one from Franklin Templeton, ticker EZRP, set to launch), which analysts estimate could bring up to $1.2 billion in new capital. Featured image created with Dall.E, chart from Tradingview.com

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XRP price started a fresh decline below $2.250. The price is now attempting to recover and faces resistance near the $2.32 pivot level. XRP price started a fresh decline below the $2.250 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.2250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.10. XRP Price Attempts Recovery XRP price attempted a recovery wave above $2.280 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.250 and $2.220. There was a move below the $2.120 support level. A low was formed at $2.105, and the price is now attempting a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $2.525 swing high to the $2.058 low. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.220 level. There is also a bearish trend line forming with resistance at $2.2250 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.250 level. A close above $2.250 could send the price to $2.30. The next hurdle sits at $2.320 or the 50% Fib retracement level of the downward move from the $2.525 swing high to the $2.058 low. A clear move above the $2.320 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50. Another Decline? If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.10 level. If there is a downside break and a close below the $2.10 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.880. 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 – $2.10 and $2.050. Major Resistance Levels – $2.250 and $2.320.

#grayscale #ripple #blackrock #xrp #fidelity #xrp price #xrp news #xrpusd #xrpusdt #spot xrp etf #canary capital #xoom

The debut of Canary Capital’s spot-XRP ETF was one of the standout moments for the XRP community this year, bringing the token into the US ETF arena with strong opening volume and heavy attention from traders.  Many holders went into launch week expecting that kind of headline event to push XRP into a sharp rally, especially after waiting years for regulated access in the United States. Instead, price action has stayed relatively muted, leaving a gap between expectations and reality.  In a new 26-minute video shared on X, finance coach Coach JV tried to close that gap, breaking down why XRP has not exploded higher yet and what he believes holders should actually focus on. Coach JV Puts XRP In A Macroeconomic Perspective XRP’s Spot ETF has undoubtedly been a success, considering the amount of inflows it has had in its first two trading days. However, this has yet to translate into a surge in the price of XRP, as many traders had predicted and expected. Related Reading: Analyst Claims XRP Will Flip Bitcoin As These Developments Play Out Instead, XRP’s price action has been highlighted by a downtrend in recent days. A large part of this price downtrend is due to the wider decline in the crypto market. In his breakdown, Coach JV approached the XRP situation from a macroeconomic perspective. Rather than treating the ETF launch as an isolated trigger, he contextualized XRP’s current price behavior within the larger environment that financial markets are dealing with.  A major theme of his outlook was the way people respond to hype. Coach JV stated plainly that the only way is to have discipline and a consistent plan. He did not build his message around chasing short-term excitement or reacting emotionally to price moves. His focus was on having a structure that an individual can stick to, regardless of whether XRP moves fast after the ETF launch or takes longer than many were expecting. Is $5 Next? I Don’t Know Coach JV also addressed one of the most common questions circulating in the community: whether $5 is the next big target for XRP now that an ETF is live.  Related Reading: Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders “Is $5 next? I don’t know; I’m not banking on that, I’m not waiting for it, I believe it’s going to happen at some point, and I have my exit strategy set up,” he said. That tone is now being echoed by others in the community who are pushing back against unrealistic targets. Zach Rector recently reminded his audience that XRP is not heading toward triple-digit prices this year, despite widespread speculation.  Another commentator, known as Xoom on X, made a similar remark, saying XRP will not reach $100 or even $10 on ETF momentum alone. At the time of writing, XRP is trading at $2.18, down by 3.5% in the past 24 hours. It is still too early to conclude how much long-term influence Spot XRP ETFs will have on price, especially with major issuers such as BlackRock, Fidelity, and Grayscale yet to launch their own offerings. Featured image from iStock, chart from Tradingview.com

#ripple #xrp #xrp price #xrp etf #ripple news #xrp news #xrpusd #xrpusdt #xrp etf news #xrp etfs

A new pricing model from Diana, a crypto analyst on X, projects that XRP could climb into the $7–$24 range within 60 days of the ETF launch, driven strictly by inflow pressure and the asset’s constrained liquid supply. The model reportedly relies on supply-absorption math, revealing how ETF-driven demand could shift XRP’s market pricing once XRP ETFs go live. New XRP ETF Inflow Model Maps A Direct Route To $24 Diana’s newly released “XRP ETF Launch Impact Model” outlines a clear, data-driven view on how ETF inflows alone could reprice XRP. Her framework tests multiple launch scenarios involving five to twenty ETFs, each seeded with $10 million to $45 million. Depending on the scale, total inflows range from $50 million to $900 million, absorbing between 0.08% and 1.50% of XRP’s estimated 60-billion-unit liquid supply. Related Reading: Here’s Why The Ethereum Price Is Crashing Again, Can It Breach $3,000? According to Diana’s projections, this level of liquidity absorption pushes XRP into a thirty-day range of $3.00 to $15.00, with the sixty-day window stretching from $3.80 up to $24.00. The top end of the model—where XRP approaches $24—emerges when twenty ETFs launch with maximum seed capital and nearly a billion dollars in early inflows. Diana argues that as issuers acquire XRP to build underlying exposure, the available float tightens, and the resulting supply squeeze forces a natural repricing cycle. However, XRP’s real-time price action tells a different story. Despite the successful debut of the Canary XRP ETF, XRP has failed to respond positively. The latest market data shows the asset trading near $2.14, posting a 13.5% decline over the week. Even so, Diana maintains that early price weakness is typical during ETF rollout phases and believes the projected inflow dynamics still position XRP for a sharp upward revaluation once institutional allocations begin to materialize. The Market Structure Delaying XRP’s Next Major Rally In a separate post, Diana outlined the market pattern she believes has been driving XRP’s recent price behavior. According to her, traders typically buy ahead of an ETF launch to front-run expected demand, creating a pre-launch rally driven by speculation rather than institutional activity. Once the ETF goes live, those early buyers take profit, producing the sharp launch-day dip that often surprises retail investors. Related Reading: What Will Trigger The XRP 1,300% Break To $36 This Bull Cycle? Diana noted that institutional inflows never arrive on day one. Wealth managers move through compliance checks, committee approvals, and allocation cycles, meaning real capital enters the market weeks later. She pointed to Bitcoin’s January 2024 ETF rollout as the clearest example, where the asset fell at launch but later surged to new highs as regulated inflows matured. She argues that XRP is showing the same early-stage pattern now: a weak market following the Canary ETF launch, profit-taking, and a temporary cooling phase. When these delayed inflows eventually begin to accumulate, Diana maintains that they will reinforce an upward pricing dynamic for XRP’s next major climb. Featured image created with Dall.E, chart from Tradingview.com

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According to on-chain data and market reports, XRP is under fresh selling pressure because a large share of holders are now showing losses. Related Reading: Kiyosaki Stands His Ground—No Selling, More Bitcoin Buys Ahead Glassnode reports that 41.5% of XRP supply — or close to 27 billion tokens — sits in loss, the lowest profitability level since November 2024 when XRP traded near $0.53. At today’s levels, about four times higher than that November figure, a big share of holders bought above current prices and are now exposed. Holder Concentration Raises Selling Risk Market analysts say this positioning has changed trader behavior. Tony Sycamore, a market analyst at IG Australia, disclosed that many wallets likely picked up XRP when it was above $3.00 during months including January, July, August, September, and early October. That means a sizable group is now holding paper losses after the 40%+ slide from the July $3.65 peak. The scale of unrealized losses can encourage some investors to exit if prices keep drifting lower, which would add selling pressure. The share of XRP supply in profit has fallen to 58.5%, the lowest since Nov 2024, when price was $0.53. Today, despite trading ~4× higher ($2.15), 41.5% of supply (~26.5B XRP) sits in loss — a clear sign of a top-heavy and structurally fragile market dominated by late buyers. ????… https://t.co/CBXPzDalxV pic.twitter.com/UpLNKV7LqD — glassnode (@glassnode) November 17, 2025 ETFs Could Bring Fresh Demand Or Little Impact Reports have disclosed a wave of exchange-traded funds tied to XRP that may alter flows. Canary Capital launched the first spot-XRP ETF on November 13 and posted the strongest first-day result for US ETFs in 2025. Franklin Templeton’s EZRP is scheduled to begin trading on November 18, with funds from Bitwise, 21Shares and CoinShares close behind. Traders hope these products will attract new money into XRP, but history shows initial demand can vary widely and depends on broader market liquidity and risk appetite. Key Foothold At the time of reporting, XRP trades around $2.19, down more than 10% in the last seven days. Analysts are watching the $2.16 area as a key foothold. ???? JUST IN: FRANKLIN TEMPLETON’S SPOT $XRP ETF (EZRP) LAUNCHES TOMORROW. BULLISH ???? pic.twitter.com/rmGN1rdVGI — Amonyx (@amonbuy) November 17, 2025 If that level is defended, a bounce toward the $2.35–$2.60 band could be possible. If it fails, further retracement towards lower levels is a realistic outcome, in particular with a large portion of holders underwater and stop orders possibly clustered beneath current support. On-Chain Signals Paint A Top-Heavy Picture According to data from blockchain trackers, the market looks “top-heavy,” meaning that many of those who entered recently paid high prices for their coins and are thus more vulnerable. That pattern often makes rallies less stable until profit-taking pressure eases or fresh buyers step in. Related Reading: From Dotcom To Crypto: Veteran Analyst Says The Bull Run Isn’t Over At the same time, activity on the XRP Ledger has been rising, and renewed clarity around rules for digital assets in some jurisdictions has helped sentiment a bit. In the near term, price action will likely correlate with ETF inflows and whether buyers can defend the $2.15 level. A clear break above $2.60 could relieve selling pressure, while a break below support might trigger further selling by holders trying to limit losses. For now, XRP is stuck in a battle between the pressure of unrealized losses and new potential flows of capital from ETFs. Featured image from Unsplash, chart from TradingView

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XRP price started a fresh decline from $2.250. The price is now showing bearish signs and might extend losses if it dips below $2.120. XRP price started a fresh decline below the $2.250 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.120. XRP Price Dips Further XRP price attempted a recovery wave above $2.30 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.250 and $2.20. There was a move below the $2.150 support level. A low was formed at $2.105, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $2.525 swing high to the $2.058 low. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.20 level. The first major resistance is near the $2.220 level. There is also a bearish trend line forming with resistance at $2.220 on the hourly chart of the XRP/USD pair. A close above the trend line could send the price to $2.28. The next hurdle sits at $2.320 or the 50% Fib retracement level of the downward move from the $2.525 swing high to the $2.058 low. A clear move above the $2.320 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50. Another Drop? If XRP fails to clear the $2.220 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.120 level. The next major support is near the $2.10 level. If there is a downside break and a close below the $2.10 level, the price might continue to decline toward $2.050. The next major support sits near the $2.020 zone, below which the price could continue lower toward $1.880. 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 – $2.120 and $2.050. Major Resistance Levels – $2.20 and $2.220.

#ripple #blackrock #xrp #brad garlinghouse #xrp price #xrp news #xrpusd #xrpusdt #skipper_xrp

The speculation surrounding a potential BlackRock XRP ETF has surged to new heights. This surge is a direct consequence of the astonishing market debut of the Canary XRPC ETF. Canary XRP ETF’s launch has painted a clear picture of robust institutional and retail demand for a regulated XRP investment product. Why XRPC’s Success Fuels BlackRock Rumors As the speculation around a potential BlackRock XRP ETF is heating up again, the Canary XRPC ETF has delivered one of the strongest launches of the year. An analyst known as Skipper_xrp has noted on X that the newly listed fund stunned the market with over $58 million in first-day trading volume and $245 million in net inflows, outperforming hundreds of ETF debuts of 2025. Related Reading: XRP ETF Completes First Full Day Of Trading, Here’s Why The Community Is Shocked Skipper_xrp mentioned that many supporters in the XRP community still believe that BlackRock might already be quietly experimenting with or even testing the idea of an XRP trust behind closed doors. The momentum has increased further after Ripple CEO Brad Garlinghouse made a statement at the company’s Swell event, highlighting that Ripple’s ongoing collaboration with major traditional financial firms will bring digital asset adoption into regulated global markets. However, with the ETF inflows accelerating and XRP gaining more visibility among institutions, many investors are now arguing that it’s only a matter of time before a heavyweight firm like BlackRock will consider stepping into the XRP space. Understanding XRP’s Long-Term Growth Trajectory Crypto trader Adam_Xrp has also offered some insight on why XRP didn’t moon when the first ETF was launched. According to the expert, the XRP ETF launch was never going to be a flip-the-switch moment. Even with the first XRP ETF going live, price action was building slowly, and the institutional money did not pour in all at once. Rather, it scales over time as confidence and liquidity grow. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? Furthermore, the altcoin is still early in the rollout, and more XRP ETFs are scheduled to begin trading. Each new product will increase exposure, volume, and demand. This is how true institutional adoption is slowly progressing. BlackRock has stated that the company is not launching an XRP ETF right now, but this isn’t something they would ignore forever.  However, once the regulatory path is fully cleared and institutional demand strengthens, it’s only a matter of time before the biggest players, like BlackRock, will step into the arena. Adam_Xrp concluded that the altcoin wasn’t supposed to skyrocket overnight. This phase is a gradual process of foundation building as the ecosystem, liquidity expansion, and the institutional framework grow. The expert added that if you expect to get rich overnight, without understanding the long-term game plan, then XRP might not be the right investment for you. Featured image from Pxfuel, chart from Tradingview.com

#nfts #stablecoin #ripple #blackrock #xrp #xrp ledger #dexs #xrp price #david schwartz #matthew sigel #xrp news #xrpusd #xrpusdt #xrpl #ondo finance #decentralized exchanges

A debate over the XRP Ledger’s (XRPL) economy model has ignited after Ripple’s Chief Technology Officer (CTO), David Schwartz, directly addressed questions about taxation on the blockchain. Critics have suggested that if XRP holders do not earn from the ecosystem, someone must be collecting a tax. Schwartz’s response challenges this assumption, framing the XRP Ledger as a public utility rather than a profit-generating mechanism for token holders. The debate has since sparked broader conversations about real-world use cases, passive income expectations, and the underlying purpose of the XRPL blockchain.  Ripple CTO Says No Tax On The XRP Ledger  In a post on X social media, Schwartz clarified that the XRP Ledger does not impose a tax on its users. He explained that the ledger allows holders to issue assets, trade, create NFTs, and make payments without central authority extracting value from these financial activities. He also stated that transaction fees and reserves exist solely as anti-spam measures, not as a mechanism for wealth extraction.  Related Reading: Ripple CTO Explains Real Value Of XRP Ledger And Why It Doesn’t Trigger Price Rallies The Ripple CTO emphasized that ownership of XRP does not give anyone the right to collect fees or profits from the ledger itself. He drew a comparison to Bitcoin’s blockchain, highlighting that the XRPL provides similar decentralized functionality while also supporting features such as Decentralized Exchanges (DEXs), stablecoins, and NFTs. These features work without XRP holders needing to profit from the system’s operations.  Schwartz’s remarks on taxes on the XRPL blockchain come after Matthew Sigel, head of digital asset research at VanEck, raised questions about who benefits if XRP holders do not earn anything from the ecosystem and the protocol itself does not generate value. In response, other members of the community, including XRPL dUNL validator Vet, emphasized that the absence of a tax encourages developers and users to focus on building meaningful, functional use cases rather than relying on passive income.  XRP’s Utility Outweighs Tax Considerations The XRPL tax debate between Schwartz and Sigel also intersected with discussions about the blockchain’s real-world applications. In a much earlier post, Sigel questioned the blockchain’s relevance, subtly hinting that its supporters overstate its functionality.  Related Reading: XRP Leading A $400 Trillion Revolution? How Ripple’s Tokenization Campaign Is Sparking Utility In response, an XRP community member pointed to the recent collaboration between Ondo Finance, Ripple, and BlackRock, in which the XRP Ledger will be utilized for stablecoin issuance, minting, Treasury asset redemption, and liquidity enhancement in financial markets. While Sigel acknowledged the innovative initiative, he reiterated that these applications do not directly generate revenue for XRP token holders, highlighting a gap between network activity and personal gain.  Schwartz responded by explaining that the value of XRPL stems from enabling financial independence and reducing reliance on intermediaries, rather than providing passive income. He added that focusing on tax collection as a measure of success can overshadow the blockchain’s purpose of promoting open access and meaningful innovation. Featured image from Peakpx, chart from Tradingview.com

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XRP price started a fresh decline from $2.350. The price is now showing bearish signs and might extend losses if it dips below $2.150. XRP price started a fresh decline below the $2.320 zone. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2.2550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.150. XRP Price Dips Again XRP price attempted a recovery wave above $2.320 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.30 and $2.250. There was a move below the $2.20 pivot level. A low was formed at $2.155, and the price is now consolidating losses with a bearish angle. There was a minor move above the 23.6% Fib retracement level of the recent decline from the $2.525 swing high to the $2.155 low. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.2550 level. There is also a short-term bearish trend line forming with resistance at $2.2550 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.30 level, above which the price could rise and test $2.350 or the 50% Fib retracement level of the recent decline from the $2.525 swing high to the $2.155 low. A clear move above the $2.350 resistance might send the price toward the $2.440 resistance. Any more gains might send the price toward the $2.50 resistance. The next major hurdle for the bulls might be near $2.550. Another Decline? If XRP fails to clear the $2.350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.150 level. If there is a downside break and a close below the $2.150 level, the price might continue to decline toward $2.050. The next major support sits near the $2.020 zone, below which the price could continue lower toward $1.880. 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 – $2.20 and $2.150. Major Resistance Levels – $2.30 and $2.350.

#bitcoin #xrp #xrp price #xrp news #xrpusd #xrpusdt #xrpbtc #cryptowzrd

According to CryptoWzrd’s latest XRP daily technical outlook, XRPBTC ended the day with a strong bullish close. This renewed strength in the pair could give XRP the momentum it needs to push toward the $2.75 resistance level and potentially extend even higher. Daily Sentiment Mirrors Bitcoin As XRP Closes Slightly Bearish The analysis from CryptoWzrd notes that XRP’s daily candle was in alignment with Bitcoin’s broader market sentiment and closed slightly bearish. This reflects the continued pressure from Bitcoin, which remains a key driver of overall market direction. Despite this bearish close, the XRPBTC pair showed strength by ending the day bullish, signaling a potential shift in momentum. Related Reading: XRP Price Correction Is Far From Over: Bearish Divergence Signals Potential Revisit To $2.05 A continued push higher could drive the pair above the daily lower-high trendline, triggering a more impulsive price reaction. If this breakout materializes, it opens the door for XRP to advance toward the $2.75 resistance region, a level that has now become the next major target for bullish traders. However, Bitcoin’s influence remains a critical factor. Any renewed weakness or sharp downside movement from BTC could easily spill into XRP’s price action. In such a scenario, XRP may find itself retreating toward the $2 support zone, which stands as the next meaningful level of defense if bearish pressure intensifies. CryptoWzrd added that tomorrow’s focus will shift primarily to developments on the lower-time-frame charts. Short-term structure and intraday reactions will be key to spotting potential scalp opportunities. Choppy Intraday Action Signals Market Indecision The analyst observed that XRP’s intraday price action remained relatively choppy, with the market trading within a narrow range. This kind of movement suggests that traders are still waiting for a clearer signal before committing to a strong directional bias. Related Reading: XRP Price Sees Bullish Move, Can Buyers Protect Upside Levels? A key level to watch on the intraday chart is the $2.408 resistance. According to the analysis, a clean move above this threshold could unlock further upside momentum, creating favorable long opportunities as buyers regain control. Such a breakout would signal growing confidence and potentially shift short-term sentiment in XRP’s favor. However, if the price reacts bearishly at that same resistance zone, a rejection from $2.408 would present a short opportunity, indicating that sellers are still protecting that level. This scenario would likely reinforce intraday weakness and keep XRP confined within its current structure. The analyst also warned that any drop below the $2.2550 support level would push the market into a fragile zone where further declines become more probable. For now, patience is essential, as traders must wait for a more mature and organized intraday structure before taking aggressive positions. Featured image from Freepik, chart from Tradingview.com

#franklin templeton #grayscale #ripple #xrp #coinshares #fidelity #ark invest #hashdex #xrp price #vaneck #bitwise #invesco #xrp news #xrpusd #xrpusdt #spot xrp etf #canary capital #xrpc

A recently shared image on X showing the full lineup of pending XRP ETF filings prompted a blunt response from market commentator Robert Ledferd. Instead of offering predictions or excitement, he framed the moment as a straightforward test for the asset, noting that if XRP cannot climb into double-digit territory once this many ETFs are live, the market may end up treating it as a joke. The comment brings into question what price level actually represents meaningful progress once institutional money enters the picture for XRP. Why The Comment Landed Strongly Ledferd reacted to a screenshot listing nearly every major issuer preparing an XRP product, including firms such as Bitwise, Grayscale, Fidelity, VanEck, Invesco, CoinShares, Franklin Templeton, Hashdex, and ARK Invest. The number of issuers alone means that XRP is entering a phase where institutional exposure will no longer be theoretical.  Related Reading: Analyst Predicts XRP “Supply Crisis” To Trigger The Next Parabolic Rally The general consensus is that when these ETFs hit the market, XRP will receive massive institutional inflows comparable to that of Bitcoin and Ethereum, which, in turn, would be reflected in its price action. With this in mind, the pundit noted that XRP will be the “joke of the year” if these ETFs do not bring the cryptocurrency’s price to at least double digits.” Where XRP Needs To Trade For ETFs To Matter The numerical reality behind this expectation is straightforward. XRP is currently trading well below the $3 price level. Particularly, XRP is trading at $2.3, which means even a return to its $3.65 all-time high would require a price increase of about 40% from present levels.  To reach actual double digits above $10, it means the price of XRP would need to rise more than 320% from its current price.  Before XRP can target double digits, however, it must convincingly break and close above the region between $3 and $3.65. This region is a structural pivot because it is where previous rallies have lost momentum  If ETF demand is genuine, the first sign of it will be whether XRP can push above the $3 line and hold it as support. Such a move would confirm that new inflows are not being neutralized by selling pressure and that the buying pressure is absorbing tokens at a faster rate than they are being distributed. Related Reading: Analyst Says Don’t Get Left Behind As Massive Liquidity Wave Is Coming For XRP XRP currently has a total circulating supply of 60 billion tokens. Therefore, a move to $4 implies a market cap of $240 billion. On the other hand, a move to $10 implies a valuation above $600 billion. A $600-billion valuation would place XRP behind only Bitcoin in terms of market cap rankings. These numbers matter because ETF impact is not measured by price alone but by how much capital is required to move an asset of this size. If Spot XRP ETFs begin attracting even a small fraction of the inflows seen in early Bitcoin ETF trading, the push to $4 becomes more realistic.  At the time of writing, the first US Spot XRP-backed ETF has officially been launched by Canary Capital with ticker XRPC and began trading on the Nasdaq Stock Market on November 13, 2025. Featured image from Peakpx, chart from Tradingview.com

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The weekly chart for XRP has compressed into a decisive structure that now sits on the edge of a major move, and the latest projection from crypto analyst Dark Defender outlines how this structure could push to as high as $36 this bull cycle. His outlook centers on an Elliott Wave pattern that started forming in June, and the chart behind the analysis shows a sequence that is approaching the point where momentum returns with force. Elliott Wave Structure Points To A Wave Three Expansion Technical analysis of the XRP’s weekly candlestick timeframe chart shows that the cryptocurrency has spent the past several months compressing inside a tightening structure, forming a narrowing support and resistance triangle. This analysis attempts to map out where this pressure leads next, particularly as XRP is now trading around the peak of this triangle, where volatility could return in force. Related Reading: Pundit Dunks On XRP Triple-Digit Dreams; Price Isn’t Going To $100 This Year Dark Defender’s projection is built on a five-wave Elliott structure that traces its origin back to mid-June, when XRP delivered its initial impulsive rally that formed Wave One. That first advance carried the price on a rally from the lower ranges into a new all-time high of $3.65 before losing steam.  Since then, the second wave, which is naturally corrective based on the theory, has dragged the price action sideways to create lower highs beneath descending resistance and higher lows above the support.  The chart below shows that this corrective phase is now entering its final stretch, with candles clustering inside the narrowing triangle.  The technical message is straightforward: once the correction exhausts itself, the next phase of the Elliott count would be a Wave Three expansion. This third wave is the strongest and longest of the five waves, and it often receives the largest percentage gains in the entire cycle. The Breakout Zone: $2.22 Support And $2.85 Resistance The analysis marks two levels that now define XRP’s breakout conditions. The support band around $2.22 has held firm throughout the entire consolidation, providing the foundation of the structure. The resistance line is at $2.85, and this has capped every rally attempt since the summer.  Related Reading: Chinese And US Governments Fighting Over Bitcoin? Here’s What We Know A weekly close above $2.85 is the trigger that would officially transition XRP out of Wave 2 and into the impulsive third wave. Any break below $2.22 would delay the bullish outlook. The Fibonacci extension levels on the chart indicate the next significant checkpoints after the Wave 3 expansion starts. The first leg of the anticipated impulse, the 261.8% extension, is located close to $5.85. However, the wider Wave 3 target is located at the 361.8% level around $18.22. Following this, the Wave 4 pullback is expected to cool the momentum before the final Wave 5 impulse completes the broader structure. The final wave reaches into the 423.6% extension, which is positioned around $36.76 on the price chart.  At the time of writing, XRP is trading at $2.31, down by 8.2% in the past 24 hours. Featured image created with Dall.E, chart from Tradingview.com

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XRP price started a fresh decline from $2.550. The price is now showing bearish signs and might extend losses if it dips below $2.250. XRP price started a fresh decline below the $2.450 zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2.235 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.250. XRP Price Dips Further XRP price attempted more gains above $2.50 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.450 and $2.420. There was a move below the $2.320 pivot level. A low was formed at $2.2754, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the recent decline from the $2.525 swing high to the $2.2754 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.2350 level. There is also a short-term contracting triangle forming with resistance at $2.235 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.40 level, above which the price could rise and test $2.450 or the 76.4% Fib retracement level of the recent decline from the $2.525 swing high to the $2.2754 low. A clear move above the $2.450 resistance might send the price toward the $2.520 resistance. Any more gains might send the price toward the $2.580 resistance. The next major hurdle for the bulls might be near $2.650. Another Decline? If XRP fails to clear the $2.40 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.250 level. If there is a downside break and a close below the $2.250 level, the price might continue to decline toward $2.20. The next major support sits near the $2.120 zone, below which the price could continue lower toward $2.050. 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 – $2.250 and $2.20. Major Resistance Levels – $2.40 and $2.450.

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An analyst has sounded the alarm on what could become one of the most explosive rally in XRP’s history. As the cryptocurrency prepares for its long-awaited Exchange-Traded Fund (ETF) debut, the balance of XRP on major exchanges continues to decline. Analysts are warning that an impending supply crisis could spark a significant surge in the XRP price, which is currently more than 34% below its all-time high levels.  XRP Supply Shortage To Trigger Parabolic Surge Amidst ongoing market volatility and whale capitulation, crypto market expert Arthur remains positive about XRP, drawing attention to a series of on-chain developments that could mark the beginning of a parabolic upward move. In his post on X social media, the analyst emphasized that an XRP could soon see a supply crisis, which may ignite its next price explosion.  Related Reading: Pundit Reveals Final Nail In The Coffin For XRP, What This Means According to recent chart data from CryptoQuant, XRP reserves on Binance have fallen to about 2.79 million tokens, marking a sustained decline that began in early 2025. The chart also shows that while XRP’s price has remained relatively stable between $2 and $3, the available supply on almost all major cryptocurrency exchanges has continued to decline drastically. Arthur has revealed that this signals a growing imbalance between supply and demand, which could set the foundation for a bullish move.   Arthur has also referenced a prediction made by JPMorgan analysts, who estimated that between $4 to $8 billion could flow into the upcoming XRP Spot ETFs once they launch in the market. This projection indicates confidence in XRP’s future institutional demand and interest as a legitimate digital asset class. The analyst has suggested that increased ETF demand from institutions, combined with limited liquidity, could create a “perfect storm” for a price breakout of XRP. Additionally, the analyst has revealed that the XRP ETF could also see a surge in retail demand, contributing to its projected price appreciation. Currently, reports indicate that approval of XRP Spot ETFs by the US Securities and Exchange Commission (SEC) is still pending. However, prominent analysts like Nate Geraci remain confident that these investment products will be launched soon.  Binance XRP Reserve Data Shows Steady Losses Delving deeper into XRP’s supply on exchanges, CryptoQuant’s data shows that the cryptocurrency’s reserve on Binance is sitting at approximately 2.785 billion tokens as of November 12, 2025. Notably, this marks a decrease of over 10 million tokens from the previous day, when 2.795 billion XRP was recorded. Since the beginning of November, Binance’s XRP balance has been declining, hovering just above the 2.7 billion token threshold.  Related Reading: $300 Million Worth Of XRP On The Move – Where Are They Headed? Earlier in October, reserves dipped to 2.74 billion tokens, one of the lowest levels recorded in almost a year. While balances briefly rebounded in mid-October, the latest data shows a renewed downward trajectory, suggesting that selling pressure may have eased and accumulation could be taking place off exchanges. Featured image from iStock, chart from Tradingview.com

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The XRP market just hit a historic milestone as the first U.S. spot XRP ETF, Canary Capital’s XRPC, officially debuts on Nasdaq, sending bullish shockwaves for the XRP price and other assets in the market. Related Reading: Ethereum Ready To Explode To $12,000 By January, Says Tom Lee The launch gives traditional investors direct exposure to XRP through regulated brokerage accounts, and analysts say this could be the spark that propels prices sharply higher in the coming weeks. XRP's price moving sideways on the daily chart. Source: XRPUSD on Tradingview First Spot XRP ETF on Nasdaq Unlocks New Demand Nasdaq has certified the Canary Capital XRP ETF for trading under the ticker XRPC, making it the first fully spot-based XRP ETF in the U.S. The fund holds XRP directly and tracks the XRP-USD CCIXber Reference Rate Index, offering a simple, regulated way for institutions and retail investors to gain exposure without managing wallets or private keys. The ETF’s approval comes after the fund completed its Form 8-A filing with the SEC, clearing key regulatory hurdles. Other heavyweights, Franklin Templeton, Bitwise, CoinShares, and 21Shares, also have XRP ETF applications in the pipeline, signaling a second wave of products that could further deepen liquidity and demand. On-chain data already shows shifting behavior ahead of the launch. Exchange inflows are down, suggesting holders are accumulating rather than selling, even as XRP trades around the $2.39–$2.50 zone and consolidates above support near $2.20–$2.40. Analysts See ‘Face-Melting’ XRP Price Rally as Technicals Coil Popular crypto analyst Egrag Crypto believes XRP is entering the final stages of a major consolidation that could lead to an explosive move within 4–6 weeks. Drawing on historical rallies in 2017 and 2021, he notes that XRP is once again forming a large symmetrical triangle, typically a “compression before expansion” structure. Using Fibonacci projections, Egrag highlights potential long-term targets between $10 and $37, while acknowledging that short-term market sentiment remains cautious. He argues that impatience and emotional selling often precede the biggest upside moves, and that today’s sideways action is more “preparation” than weakness. BlackRock Narrative and Macro Tailwinds Add Fuel Institutional narratives are also lining up behind XRP. At Swell 2025, BlackRock’s Maxwell Stein described the XRP Ledger as a scalable rail for trillions of dollars in tokenized assets and cross-border payments, reinforcing XRP’s status as a utility-driven asset rather than a purely speculative token. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name With the Fed’s December rate decision approaching and risk appetite poised to shift, XRP now sits at the intersection of a powerful trio. Fresh ETF inflows, tightening technical patterns, and growing institutional validation. If these forces align, the XRPC launch may be remembered as the moment XRP’s next major rally truly began. Cover image from ChatGPT, XRPUSD chart from Tradingview

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Crypto market analyst Zach Rector has slammed the XRP price triple-digit dreams, rejecting claims that the token could hit $100 this year. In a recent post on X, the analyst compared his message to “telling a kid Santa isn’t real,” joking that many investors don’t want to hear the truth about XRP’s price potential. However, Rector encouraged followers to stay positive, noting that the digital asset has remained strong and there are still reasons to be hopeful as the year draws to a close. Triple-Digit Hopes Dashed, But XRP Price Still Has Big Opportunities Rector, known for his level-headed market advice, made it clear that triple-digit XRP price targets are currently pure fantasy. He struck a humorous but honest tone, telling traders not to get carried away by big, unlikely predictions. “It’s all good,” he wrote, adding that XRP remains one of the more stable altcoins this cycle, while many others continue to fall behind. Related Reading: Ripple Exec Reveals Why The Bitcoin Price Is So High Now Rector summed up the mood of many XRP investors: hopeful but not fooled by unrealistic hype. Instead of focusing on unlikely prices, he urged the community to pay attention to upcoming events that could genuinely affect XRP’s short-term price performance. Many analysts observe that XRP is entering a critical phase marked by growing real-world adoption. Traders are watching speculation about a possible XRP exchange-traded fund (ETF) and are also hopeful that resolving the ongoing U.S. government shutdown could boost investor confidence. Analysts also note that as more institutions get involved with XRP, it could attract bigger investments once official ETF products are available. If this institutional interest builds as expected, it could lead to a significant change in the token’s price performance heading into 2026. Community Predicts More Modest, But Healthy Gains In response to Zach Rector’s post, XRP community member @xrpvegas offered a more realistic outlook. He suggested that the XRP price could climb to around $8 to $10 by year-end and potentially $13 to $14 by the peak of the current cycle. This prediction connects with many XRP holders, who consider it both hopeful and realistic. It suggests a solid potential gain from current levels, without relying on extreme or unlikely price jumps.  Related Reading: Chinese And US Governments Fighting Over Bitcoin? Here’s What We Know Analysts say even reaching the $10 range would strengthen XRP’s position as one of the stronger altcoins and highlight its growing appeal to institutional investors. Ultimately, Rector’s comments act as a reality check for the XRP community while remaining hopeful. The XRP price may not reach $100 this year, but investors appear ready to appreciate steady growth and the upcoming events that could support the token’s future progress. As Rector put it, there’s “nothing to complain about,” especially for a token that stays strong while many altcoins struggle to keep pace. Featured image created with Dall.E, chart from Tradingview.com

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XRP price started a decent increase above $2.420. The price is now consolidating and might aim for another increase if it stays above the $2.350 level. XRP price started a downside correction and tested the $2.320 zone. The price is now trading near $2.420 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Eyes Additional Gains XRP price started a downside correction from the $2.580 zone, like Bitcoin and Ethereum. The price dipped below the $2.550 and $2.50 levels to enter a consolidation phase. The price even dipped below the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. However, the bulls remained active above the $2.320 support. It is now rising and trading above $2.40. The price is now trading near $2.420 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.430 level. There is also a bearish trend line forming with resistance at $2.430 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.450 level, above which the price could rise and test $2.50. A clear move above the $2.50 resistance might send the price toward the $2.580 resistance. Any more gains might send the price toward the $2.650 resistance. The next major hurdle for the bulls might be near $2.720. Another Decline? If XRP fails to clear the $2.450 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.3420 level. The next major support is near the $2.320 level and the 76.4% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward $2.250. The next major support sits near the $2.20 zone, below which the price could continue lower toward $2.120. 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 – $2.3420 and $2.320. Major Resistance Levels – $2.450 and $2.50.

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XRP is entering one of its most crucial weeks in months as a series of bullish catalysts align to set the stage for what could be a breakout move. The token has held firmly above the $2.20 support zone despite the recent market crash, and both technical and fundamental factors now point toward a possible surge in price.  According to crypto analyst Guy on the Earth, XRP is in a make-or-break moment, with abundant news catalysts giving traders reasons to stay optimistic about the short-term direction. XRP Holds $2.20 Support; Analyst Eyes Resistance Ahead “Another reversal from lows as XRP holds onto the $2.20 support,” said Guy on the Earth in a recent post on X, capturing the cautious positiveness in the price of XRP. He noted that the token is currently slap bang mid-range, targeting a retest of the $2.63 to $2.72 resistance zone. Related Reading: The XRP Price Is About To Do This In November – “Get Ready” According to him, there is an abundance of positive catalysts this week, ranging from ETF speculation to the end of the ongoing government shutdown. These catalysts are very important, as XRP needs a continuation of its momentum bounce from $2.2 to target the next resistance from here; otherwise, this is a dead cat at best.  The analyst emphasized that XRP’s ability to defend its key support levels will be critical in shaping its near-term trajectory. He warned that if the token revisits the $2.20 range, it may struggle to hold that level again, potentially slipping to between $1.90 and $2.00.  Despite this caution, he maintained his conviction that the recent lows are already in and that XRP is gradually preparing for a range breakout to the upside. “Things are coming together for the rally we’ve been looking for,” he added, while noting that chopping around this zone is healthy before a break of the range higher. ETF Anticipation Builds Momentum For XRP A large part of this week’s optimism surrounding XRP is tied to growing speculation that a US-listed exchange-traded fund could be nearing approval. Canary Capital’s recent Form 8-A submission to the US Securities and Exchange Commission has increased expectations that the long-discussed spot XRP ETF might debut soon, possibly under the ticker “XRPC.” Related Reading: XRP Price Performance In November: History Says It’s The Most Bullish Month In History The anticipation surrounding this ETF has already begun shaping market sentiment, reflected in the steady stream of excitement from XRP supporters across social media. Traders are drawing comparisons to the rallies seen in Bitcoin and Ethereum following their respective ETF approvals, anticipating a similar influx of institutional demand if XRP’s turn arrives. At the time of writing, XRP trades at $2.41, a 2% dip in the past 24 hours. Maintaining the $2.20 support remains the key technical objective for bulls, as holding that level could pave the way for another attempt at the $2.72 resistance zone in the next few days. Featured image from Peakpx, chart from Tradingview.com

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Ripple’s Chief Technology Officer (CTO), David Schwartz, has provided a clear explanation for why the Bitcoin price remains so high, currently the most expensive cryptocurrency on the market. Notably, Schwartz’s statement had sparked new discussions across the crypto community. His remarks focused on how people view and use BTC in transactions, revealing a simple economic truth that helps explain the market’s continued confidence in the world’s leading cryptocurrency.  Ripple CTO Explains Logic Behind Elevated Bitcoin Price On Tuesday, Schwartz shared his thoughts on X, offering a simple but insightful explanation for Bitcoin’s current price strength. Responding to a community member’s question about why anyone would spend BTC given its potential for future appreciation, Schwartz explained that the reason lies in the asset’s perceived value and future expectations.  Related Reading: Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again? According to the Ripple CTO, when individuals use Bitcoin to pay for goods or services, they are essentially realizing the full expected value of its future growth today. Rather than holding Bitcoin as a long-term investment and waiting for price gains, these users convert its potential into immediate utility. This behavior, he noted, reflects a broader belief in BTC’s enduring value and is one of the primary reasons why the cryptocurrency’s price remains so high.  Notably, Schwartz’s remarks followed a conversation that began when Jack Dorsey, co-founder of Square, a business technology company, announced that Bitcoin payments had gone live across the firm’s platforms. Dorsey revealed that Square customers can now pay for services and products using Bitcoin directly, and sellers can choose between multiple settlement options, including BTC-to-BTC, BTC-to-fiat, and fiat-to-BTC transactions. Funds received through Bitcoin payments will be automatically stored in a user’s Square wallet, with self-custody transfer limits of up to $15,000 per day or $50,000 per week.  Interestingly, the timing of Schwartz’s explanation comes a month after BTC reached a new all-time high of over $126,000. Compared to other digital assets, Bitcoin is the only cryptocurrency in the six-figure territory, even surpassing traditional investments like gold and major stock indices. While some analysts argue that Bitcoin is overvalued, many investors remain convinced that it could still climb significantly higher in the long term. Bitcoin Price Expected To Rise Even Higher  The Bitcoin price is currently sitting above the $100,000 level, but analysts believe it could rise even further. The leading cryptocurrency is hovering near $103,300, experiencing some volatility, which has triggered a nearly 2% dip in the past 24 hours amid whale capitulations. Crypto analyst Joe Francesco noted that Bitcoin had initially surged to $107,000 following a wave of optimism sparked by US President Donald Trump’s proposed $2,000 stimulus plan.  Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? However, the rally proved short-lived, as BTC fell a few days later. Despite the pullback, Francesco has described the cryptocurrency’s chart setup as positive, predicting that Bitcoin could soon break through $107,000, with the potential to reach $115,000 and even $120,000 if upward momentum continues.  Featured image created with Dall.E, chart from Tradingview.com

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XRP price started a decent increase above $2.50. The price is now correcting some gains might aim for another increase if it stays above the $2.320 level. XRP price started a downside correction from the $2.580 zone. The price is now trading near $2.40 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Trims Some Gains XRP price started a decent upward move above $2.420 and $2.50, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.550 resistance. A high was formed at $2.580 and the price started a downside correction. There was a move below the $2.50 level. The price dipped below the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. The price is now trading near $2.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.450 level. There is also a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.50 level, above which the price could rise and test $2.550. A clear move above the $2.550 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.680 resistance. The next major hurdle for the bulls might be near $2.750. More Losses? If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.3650 level or the 61.8% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward $2.250. The next major support sits near the $2.20 zone, below which the price could continue lower toward $2.120. 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 – $2.3650 and $2.320. Major Resistance Levels – $2.450 and $2.50.

#ripple #stablecoins #xrp #etfs #xrp price #xrp news #xrpusd #xrpusdt #us sec #xrp spot exchange-traded funds #clarity act #kamran asghar

XRP is once again making headlines after a top crypto research firm issued a bold forecast, declaring it “the fastest horse” on the next bull market rally. The statement has reignited enthusiasm across the XRP community, with many investors and traders agreeing despite the token’s history of volatility and past declines.  Sistine Research Sees Major Shift For XRP Market analysis platform Sistine Research has shared its outlook on X social media, saying XRP is the best-looking major digital asset in the current market cycle. The firm described XRP as the fastest mover following recent government developments that are expected to reshape the interaction between digital assets and traditional finance.  Related Reading: Analyst Says 300% XRP Price Rally To $10 Is Fair, Here’s Why Sistine Research believes that several upcoming events could heavily favour XRP in the long run. Among them are a potential banking charter approval for Ripple, the introduction of the CLARITY Act, and the possibility of XRP Exchange-Traded Funds (ETFs). The research firm has revealed that these key developments would give Ripple a stronger foothold in global finance and expand XRP’s use case in payments and banking.  In a subsequent post, Sistine Research went even further, suggesting that Ripple could soon become a fully licensed bank. The post warned that some people might downplay this milestone, but emphasized that it would be a very bullish sign for the XRP price. Such recognition and the ensuing adoption could make XRP one of the first digital assets, other than stablecoins, deeply connected to global banking infrastructure, setting it apart from other major cryptocurrencies.  Related Reading: Rare Chart Formation That Led To An 87% XRP Price Crash Has Resurfaced Notably, Sistine Research’s outlook on XRP aligns with Ripple’s long-term vision of bridging the gap between blockchain technology and traditional finance through the use of digital assets. With regulatory clarity achieved following the resolution of its legal battle with the US SEC, XRP now faces fewer obstacles to growth and development as it continues to solidify its role in the rapidly evolving crypto and financial landscape.  Analyst Charts XRP’s Bullish Path To $2.7 The price of XRP is currently at $2.5, having experienced a slight recovery after weeks of choppy action and volatility. Crypto analyst Kamran Asghar has reinforced his optimistic forecast with his latest technical breakdown on X. He noted that XRP has broken out of a symmetrical triangle pattern and surged to about $2.5.  He described this as a strong move that suggests that the cryptocurrency is “reloading” for the next phase of its bull rally. According to Asghar’s TradingView chart, the key support zone lies near $2.35. He expects a short pullback to that level before another leg higher. This implies that XRP could see a temporary 6% decline from current levels. Subsequently, if support holds, Asghar predicts a confirmed rally toward $2.7, representing an almost 15% price increase and marking the next resistance area for XRP. Featured image from Adobe Stock, chart from Tradingview.com

#ripple #xrp #tesla #microsoft #meta #xrp price #donald trump #amazon #nvidia #apple #xrp news #xrpusd #xrpusdt #covid-19 #alphabet #pumpius

A crypto analyst known as Pumpius has issued a bold warning on social media platform X, declaring that a massive liquidity wave is about to sweep through global markets, and XRP could be the key asset positioned to capture it.  His post, shared alongside a chart of the US national debt now above $38 trillion, argues that a combination of government stimulus, monetary easing, and corporate spending is about to unleash a surge of capital unlike anything seen since the 2020 pandemic. Liquidity Flood And The Return Of Stimulus Spending In his analysis, Pumpius highlighted that the United States government is preparing to inject over $400 billion in new stimulus payments, and this is going to be the first direct round of such spending since 2021. This comes at a time when the Federal Reserve is cutting interest rates despite inflation still sitting above 3% and labor market data showing signs of cooling.  Related Reading: XRP Price To Reach $1,000 By End Of 2025? Rumor Mills Are On Fire With BlackRock Speculations A similar setup in 2020 and 2021 during the COVID-19 pandemic led to an enormous wave of liquidity that lifted both traditional and crypto markets to record highs. Now, President Donald Trump has vowed to provide each American a $2,000 dividend to be distributed from what he said was tariff revenue.  The chart shown below illustrates a notable connection vividly: each major stimulus injection, from the $270 billion to $410 billion rounds, coincided with sharp jumps in the national debt and subsequent market expansions. With total US debt now projected to exceed $38 trillion, Pumpius believes another round of liquidity growth is close. The analyst went on to point out that this time, the liquidity wave is not just based on government spending but also on private-sector investment on an extraordinary scale.  The so-called Magnificent 7 technology companies (Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla) are collectively pouring over $100 billion every quarter into artificial intelligence infrastructure.  XRP Positioned As The Bridge For Global Capital Flow According to Pumpius, all this incoming liquidity needs a bridge, an asset capable of settling large-value transactions instantly across borders. He described XRP as the only digital asset designed precisely for this purpose, built for institutional-grade, real-time settlement and capable of handling global capital flows efficiently.  Related Reading: Analyst Predicts XRP Price Will Decouple From Bitcoin, Here’s What Would Happen Ripple’s technology already provides the financial infrastructure necessary to connect banks, fintechs, and payment systems that will need to move funds quickly as liquidity expands. “The math is simple,” he said. “The liquidity is coming. The rails are ready. Own XRP or be left behind,” he concluded. XRP is one of the top-traded digital assets by volume, and market participants are watching closely to see how the cryptocurrency’s price action plays out.  Ripple, its parent technology company, has been making different partnership moves and company acquisitions to expand its reach. This is expected to hopefully boost XRP’s adoption on a global scale and, in turn, its price growth. At the time of writing, XRP is trading at $2.45, down by 1.4% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com

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

XRP is once again making headlines after a top crypto research firm issued a bold forecast, declaring it “the fastest horse” on the next bull market rally. The statement has reignited enthusiasm across the XRP community, with many investors and traders agreeing despite the token’s history of volatility and past declines.  Sistine Research Sees Major Shift For XRP Market analysis platform Sistine Research has shared its outlook on X social media, saying XRP is the best-looking major digital asset in the current market cycle. The firm described XRP as the fastest mover following recent government developments that are expected to reshape the interaction between digital assets and traditional finance.  Related Reading: Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again? Sistine Research believes that several upcoming events could heavily favour XRP in the long run. Among them are a potential banking charter approval for Ripple, the introduction of the CLARITY Act, and the possibility of XRP Exchange-Traded Funds (ETFs). The research firm has revealed that these key developments would give Ripple a stronger foothold in global finance and expand XRP’s use case in payments and banking.  In a subsequent post, Sistine Research went even further, suggesting that Ripple could soon become a fully licensed bank. The post warned that some people might downplay this milestone, but emphasized that it would be a very bullish sign for the XRP price. Such recognition and the ensuing adoption could make XRP one of the first digital assets, other than stablecoins, deeply connected to global banking infrastructure, setting it apart from other major cryptocurrencies.  Notably, Sistine Research’s outlook on XRP aligns with Ripple’s long-term vision of bridging the gap between blockchain technology and traditional finance through the use of digital assets. With regulatory clarity achieved following the resolution of its legal battle with the US SEC, XRP now faces fewer obstacles to growth and development as it continues to solidify its role in the rapidly evolving crypto and financial landscape.  Analyst Charts XRP’s Bullish Path To $2.7 The price of XRP is currently at $2.5, having experienced a slight recovery after weeks of choppy action and volatility. Crypto analyst Kamran Asghar has reinforced his optimistic forecast with his latest technical breakdown on X. He noted that XRP has broken out of a symmetrical triangle pattern and surged to about $2.5.  Related Reading: Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price He described this as a strong move that suggests that the cryptocurrency is “reloading” for the next phase of its bull rally. According to Asghar’s TradingView chart, the key support zone lies near $2.35. He expects a short pullback to that level before another leg higher. This implies that XRP could see a temporary 6% decline from current levels. Subsequently, if support holds, Asghar predicts a confirmed rally toward $2.7, representing an almost 15% price increase and marking the next resistance area for XRP.  Featured image created with Dall.E, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a decent increase above $2.420. The price is now consolidating and might aim for more gains above the $2.580 level. XRP price stayed above $2.40 and started a decent increase. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2.256 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.580. XRP Price Gains Traction XRP price started a decent upward move above $2.320 and $2.350, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.420 resistance. The pair even surpassed the $2.50 barrier. A high was formed at $2.580 and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. Besides, there is a short-term contracting triangle forming with resistance at $2.256 on the hourly chart of the XRP/USD pair. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.560 level. The first major resistance is near the $2.580 level, above which the price could rise and test $2.550. A clear move above the $2.650 resistance might send the price toward the $2.7320 resistance. Any more gains might send the price toward the $2.7680 resistance. The next major hurdle for the bulls might be near $2.80. Another Decline? If XRP fails to clear the $2.580 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.50 level. The next major support is near the $2.420 level or the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. If there is a downside break and a close below the $2.420 level, the price might continue to decline toward $2.350. The next major support sits near the $2.320 zone, below which the price could continue lower toward $2.250. 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 – $2.50 and $2.420. Major Resistance Levels – $2.560 and $2.580.

#federal reserve #ripple #xrp #brad garlinghouse #xrp ledger #gdp #xrp price #jerome powell #xrp news #xrpusd #xrpusdt #xrpl #stuart alderoty #hbar #linea #gross domestic product

The Federal Reserve Chair Jerome Powell has hinted at plans to begin adding reserves back to the system. For XRP holders, the shift could prove pivotal. As the Fed prepares to inject fresh reserves, the XRP could once again benefit from an environment of expanding liquidity and easing financial conditions. XRP holders are paying close attention as Federal Reserve Chair Jerome Powell signals that the Fed will soon add reserves to its balance sheet, subtly setting the stage for the next phase of US monetary policy where digital reserves are not optional. Crypto analyst Xfinancebull has noted on X that President Donald Trump had recently mentioned that the US maintains a crypto stockpile, and XRP was among the assets held. Why Fed Reserve Growth Could Be The Spark XRP Has Been Waiting For The claims that Ripple is not just another startup, but a US-born solution to a quadrillion-dollar global payment challenge. This infrastructure is led by individuals who have met with presidents and policy architects like Brad Garlinghouse and Stuart Alderoty. Meanwhile, XRP has already held legal clarity and enterprise utility in the US. “What if XRP is not merely surviving regulation, but being positioned for integration?” XFinanceBull asked. Related Reading: Ripple Announces Major Partnership With Mastercard To Power Payments With XRP Ledger Ripple technology continues to demonstrate why XRP stands apart from every other digital asset. A publisher, Wilberforce Theophilus, highlighted that the Ripple XRP US patent number 10,902,416, and the US patent number 11,998,003 make XRP the undisputed cryptocurrency in the world. The publisher predicts that the US Gross Domestic Product (GDP) will eventually rest on the Chainlink ledger, and every asset will be hosted on the XRPL. At the same time, LINEA will serve as the secure messaging system connecting banks, while HBAR will provide the security layer that will underpin the entire network. These protocols form a coordinated framework to position XRP as the reserve asset currency, and its market capitalization could multiply exponentially. XRP was designed to replace the old financial system. Theophilus concluded that “once everything is properly positioned, individuals will be glad they joined crypto at this stage,” and he will be writing on why there are several regulations coming from the white house.” How XRP Is Inheriting The World’s Payment Rails The XRP Ledger is entering an unexpected moment that the crypto market has not seen before. JackTheRippler has stated that XRP holders should pay attention that the true value is about to be unlocked beyond imagination. He claims that a clear view of what’s unfolding will provide insights into why $10,000 and even $35,000 per XRP is not just a fantasy, but is entirely possible. Related Reading: XRP Price Gains Fade, Market Turns Cautious After Another Weak Session According to JackTheRippler, Ripple CEO Brad Garlinghouse has made it clear that Ripple is positioned to capture trillions from the global banking system, and “these are the real numbers, not speculation.” November 17 could become a historic turning point for XRPL. Featured image from Pexels, chart from Tradingview.com

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Momentum for institutional adoption of XRP has surged as the Depository Trust & Clearing Corporation (DTCC) added five spot XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone. Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’ The listings include products from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, all of which are categorized as “active and in the pre-launch stage.” DTCC Lists Five Spot XRP ETFs, Signaling Institutional Readiness While the U.S. Securities and Exchange Commission (SEC) has yet to give final approval, analysts view DTCC listings as a strong operational signal. The same process preceded the debut of Bitcoin and Ethereum ETFs earlier this year. Market participants now expect the first XRP ETFs to go live by mid or late November, given the SEC’s newly streamlined listing rules that bypass lengthy procedural delays. Canary Capital’s CEO Steven McClurg hinted on X that their XRPC ETF could launch “next week,” echoing the firm’s rapid rollout of Litecoin and Hedera ETFs. Meanwhile, Franklin Templeton and 21Shares have filed final amendments with the SEC, triggering the 20-day countdown that could see trading begin imminently. XRP's price records some profits on the daily chart. Source: XRPUSD on Tradingview XRP Price Holds Key Range as Analysts Predict $10 Surge Amid the ETF momentum, XRP trades at around $2.47, up 8% in the past 24 hours. Despite a 25% correction from October highs of $3.09, analysts see current levels as a setup phase before a potential breakout. Ali Martinez and Cryptollica, two prominent market analysts, both forecast a rally toward $10, citing bullish technical structures and ETF-driven inflows as catalysts. Martinez identified a rectangle range between $1.90 and $3.38, arguing that a final retest near $1.90 could precede an explosive upward leg. On the other hand, Cryptollica’s four-phase market model places XRP in its final “Phase 4” advance, the stage historically associated with parabolic rallies. Technical charts also show tightening Bollinger Bands, an RSI near 47, and a possible MACD bullish crossover, hinting that momentum may be shifting in favor of buyers. Institutional Flows Could Redefine XRP’s Market Dynamics The arrival of spot XRP ETFs would mark a watershed moment in digital asset finance, integrating one of the most liquid blockchain assets into regulated investment channels. Analysts estimate that early inflows could exceed $1 billion in the first few months, mirroring the pattern seen with Solana and Ethereum ETFs. As the U.S. government reopens and dollar liquidity expands, XRP’s regulated status and ETF exposure could attract large treasury buyers and fund managers. Related Reading: Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price If institutional demand meets technical breakout signals, the $10 target may shift from speculative optimism to near-term probability, setting the stage for XRP’s most significant bull phase since 2018. Cover image from ChatGPT, XRPUSD chart from Tradingview

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XRP price started a decent increase above $2.350. The price is now consolidating and might aim for more gains above the $2.50 level. XRP price stayed above $2.120 and started a recovery wave. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $2.33 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Starts Recovery XRP price started a recovery wave above $2.20 and $2.250, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.35 resistance. There was a break above a key contracting triangle with resistance at $2.33 on the hourly chart of the XRP/USD pair. The pair even surpassed the $2.420 barrier. A high was formed at $2.478 and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $2.240 swing low to the $2.478 high. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. The bulls are now active near $2.450. If there is a fresh upward move, the price might face resistance near the $2.480 level. The first major resistance is near the $2.50 level, above which the price could rise and test $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance. The next major hurdle for the bulls might be near $2.750. Another Decline? If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.420 level. The next major support is near the $2.3550 level or the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.478 high. If there is a downside break and a close below the $2.3550 level, the price might continue to decline toward $2.30. The next major support sits near the $2.250 zone, below which the price could continue lower toward $2.120. 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 – $2.420 and $2.3550. Major Resistance Levels – $2.480 and $2.50.

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XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure. Despite the broader slowdown in its price action, technical analysis shows that XRP is still displaying a resilient structure on the charts that maintains its critical support levels. According to Egrag Crypto, a popular analyst known for his long-term technical outlooks on XRP, the token may soon enter what will become the most explosive fifth wave yet. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds XRP Elliott Wave Analysis: ‘The Power Of 5’ Egrag Crypto’s latest technical analysis on the social media platform X points to the fact that XRP is in the final stages of its fourth impulse wave, which is a corrective wave based on the popular Elliott Wave Theory. Notably, this movement is now setting up for the beginning of the fifth wave, which is a bullish impulse under the same theory. Looking at previous cycles on the 5-day candlestick timeframe chart, particularly during 2017 and 2021, showed that similar setups came before massive upward surges in XRP’s price. The analyst’s chart displays a repeating structure of five-wave patterns, each representing major bullish impulses in the token’s history.  The chart also reflects the distinct cyclical rhythm of XRP’s price behavior over the years. Each major impulsive phase (waves 1, 3, and 5) has always been followed by smaller corrective waves (2 and 4), a structure that continues to repeat with precision.  The overlapping bands in cyan and pink, representing exponential moving averages, now point to XRP consolidating within a strong support region around $2.20, which indicates that the fourth impulse wave is coming to an end. XRP Technical Analysis: Source @egragcrypto on X Analyst Says Don’t Fight It By Egrag Crypto’s measure, the ongoing consolidation might be setting the stage for a similar move to double-digit prices if the fifth wave unfolds as projected. The visual projection marks potential Fibonacci extensions of 1.272, 1.414, 1.618, and 2.618 at $4.789, $5.515, $6.755, and $18.259 as possible long-term targets once the fifth wave takes hold. These levels may act as resistance points in the impending bull phase because they resemble the wave geometry that drove XRP’s earlier rallies in 2017 and 2021. Interestingly, the analyst also referenced how skepticism often peaks before major rallies. He reminded followers of a trader who lost $30 million shorting XRP during its last major uptrend in 2024. As such, the analyst concluded by urging traders not to “fight the fifth wave” but to “ride it.”  Related Reading: Get Ready — The End Of November Will Be Massive For XRP, CEO Says At the time of writing, XRP is trading at $2.27, down by 1.6% and 9.2% in the past 24 hours and seven days, respectively.  Featured image from Unsplash, chart from TradingView