Xrp
XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout as its price chart forms a symmetrical triangle pattern alongside other bullish technical indicators. XRP has been consolidating within the pattern shown below …
Crypto traders are used to seeing a price surge in non-serious cryptocurrencies such as dogecoin (DOGE) as a sign of market froth. Now it looks as though XRP, the payments-focused cryptocurrency, can also be used as an indicator for bull-market peaks …
Fundamental investors tracking XRP have more reason to cheer as a planned set of features aims to make the XRP Ledger, the network underpinning that token, even more appealing for institutional usage. XRP prices are up 2.2% in the past 24 hours …
Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.
Trading volume for XRP is up by 26% to $5.5 billion in the past 24 hours.
Market watchers believe a clampdown on the U.S. Securities and Exchange Commission could turn out bullish for tokens previously targeted by the agency.
The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.
Receipts Depositary Corp. already offers bitcoin and ether-backed securities and is now looking to expand its product suite by adding XRP.
Earlier in January, Ripple Labs president Monica Long remarked an XRP ETF could “soon be a reality” under the new Trump administration.
The rapid expansion of the XRP Ledger’s DEX was one of the key reasons that made 2024 “one of the most monumental years for Ripple.”