#XRP’s price
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cryptonewsupdate · 11 months ago
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XRP at a Crucial Juncture: Will Liquidity Absorption Alter the Game?
The XRP market finds itself at a critical juncture, with the emergence of potential signs of liquidity absorption sparking questions about the cryptocurrency's future trajectory. A sudden dip in XRP/USDT has raised concerns among traders and investors, prompting a closer examination of key indicators that could influence its price movements.
As of the latest update, XRP is trading at $0.509052, accompanied by a 24-hour trading volume of $1.7 billion. The past 24 hours have seen a 5.18% decline in XRP, heightening the apprehension within the market. A detailed analysis of the 4-hour Relative Strength Index (RSI) reveals a value of 31.63, indicating that XRP has entered oversold territory. This signals the potential for a price correction or a rebound in the near future.
A deeper dive into the 4-hour chart showcases the 50 EMA, 100 EMA, and 200 EMA, all pointing towards a short-term downward trend for XRP. The 4-hour Moving Average Convergence Divergence (MACD) aligns with this, reflecting negative momentum in XRP's price.
While these indicators collectively present a complex picture, the oversold RSI, combined with the downward momentum signaled by the MACD, suggests that XRP could be poised for a price correction. However, it is crucial to acknowledge the inherent unpredictability of cryptocurrency markets, where various factors can influence the direction of prices.
An essential factor to consider is the overall sentiment in the cryptocurrency space, as news, regulatory changes, and market sentiment can significantly impact XRP's price movements. Staying informed and prepared for potential market shifts becomes imperative for traders and investors in this context.
Moreover, the concept of liquidity absorption and approaching the order block introduces the potential for alterations in market structure. Traders are advised to closely monitor XRP's price action in the coming days, as it could offer valuable insights into the cryptocurrency's future direction.
In conclusion, XRP stands at a crossroads, with keen attention on signs of liquidity absorption and potential shifts in market structure. The combination of an oversold RSI and downward momentum in the MACD hints at the possibility of a price correction or rebound. However, the inherent volatility of the cryptocurrency market emphasizes the need for caution and constant awareness of external factors influencing XRP's price movements
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joyfulengineerperson · 2 months ago
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The Storm is coming sooner than expected. All financial systems controlled by the corrupt government will collapse.
This crash will be felt on a global level, and many currencies, especially the USD, will be worthless.
Fiat accounts, savings and retirement accounts, mortgage, e.t.c will crash down and wipe off from the system once this event happens, Quantum Financial System is the savior.!!!
Convert every money in your possession to digital gold & silver backed coins and move them into the QFS ledger for safety . There will be a Global Reset. All banks and fiat exchanges will be closed, and there will be a lot of uncertainty & confusion. Cash will be worthless and outdated, and all bank accounts will be closed and crash to zero .
All cabal public banks will be confiscated, and foreclosures will be frozen, as will all public and private dept(mortgage,loans, credit, and debit cards).
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adina1212 · 2 months ago
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topinfoin · 28 days ago
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marketing-with-diksha · 1 month ago
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Crypto Trading Surpasses Stock Market in South Korea
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South Korea's cryptocurrency trading volume reached $18 billion on December 2, surpassing stock market trading by 22%, as reported by 10x Research.
Despite the crypto surge, South Korea’s stock market saw its largest foreign fund inflow in three months, with $385 million invested in Kospi Index shares, driving a 1.9% gain in the index.
XRP led the crypto trading with $6.3 billion in inflow, followed by DOGE ($1.6 billion) and XLM ($1.3 billion). Altcoins like Ethereum Name Service (ENS) and HBAR also showed significant trading activity.
XRP reached a yearly high of $2.80 and became the third-largest cryptocurrency, surpassing Tether. Altcoins dominate the market with CoinMarketCap’s Altcoin Season Index showing an 83% dominance, while Bitcoin funding rates remain steady at 15%, Read More…
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cryptolioneirs · 7 months ago
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dtgmarketreport · 2 days ago
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36crypto · 5 days ago
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Ripple vs SEC Resolution: XRP to Surge THIS Price Afterwards
This month is crucial in the Ripple vs SEC lawsuit. Several key events are set to happen including the submission of the SEC’s opening brief on January 15 as per court schedule. Several analysts have taken time out to forecast XRP’s potential movement once the case is resolved. A recent prediction shared on X by a member of the crypto community, suggested a parabolic surge in the price of XRP if…
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euginemicah · 6 days ago
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Crypto Price Today: Bitcoin Opens 2025 Above $95,000, Majority of Altcoins See Gains
The majority of cryptocurrencies began 2025 with notable gains, as reflected on both national and international price charts. Bitcoin, on Thursday, January 2, saw a 1.72 percent increase on global exchanges, bringing its value to $95,130 (roughly Rs. 81.5 lakh), according to CoinMarketCap. On Indian exchanges such as CoinDCX and CoinSwitch, Bitcoin’s price rose by 1.28 percent in the past 24…
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memecoin-queen · 1 month ago
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Breaking News: $XRP Investors Channel Recent Gains into Emerging Memecoin 'Snake Wif Hat'
In the wake of XRP's remarkable ascent to a six-year high of $2.49, investors are strategically reallocating profits into promising ventures, notably the nascent memecoin Snake Wif Hat ($SSSSS).
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XRP's surge, attributed to increased whale accumulation and heightened network activity, has emboldened investors to explore high-potential assets within the crypto sphere.
$SSSSS, launched on November 13, 2024, has swiftly garnered attention for its rapid growth and resilient community.
The memecoin's resilience is evident, having withstood four significant whale sell-offs, each time rebounding stronger, underscoring the community's unwavering support.
The influx of capital from XRP's recent gains is anticipated to further bolster $SSSSS's market position, potentially driving its value higher as investor interest intensifies.
🐍🎩✨ Telegram: https://t.me/snake_wif_hat 🚀 Twitter/X: https://x.com/Snake_wif_Hat
Alright, full transparency here: There’s only one confirmed XRP investor who’s publicly announced they’re diving into $SSSSS (shoutout to that legend). The rest? Let’s call it speculative enthusiasm.
This article is 100% clickbait, but hey, it’s the kind of clickbait that gets the word out. Memecoins live off hype, and if you’ve read this far, you’re officially part of the movement. 🐍🎩🚀
Invest responsibly, laugh often, and remember: not all memes are created equal. 😉
#snakewifhat #xrp
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marketing-with-diksha · 27 days ago
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US Inflation at 2.7% Sparks Crypto Rally Hopes
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The latest Consumer Price Index (CPI) data released by the U.S. Labor Department shows inflation inching up to 2.7% in November, aligning with market expectations. The report has sparked optimism across financial markets, including Bitcoin (BTC) and altcoins, which are poised for potential rallies.
Key Highlights from the CPI Report
Headline Inflation: Rose to 2.7% in November from 2.6% in October, with a monthly increase of 0.3%.
Core Inflation: Excluding food and energy, remained steady at 3.3%, unchanged from the previous month.
The data suggests stability in inflation trends and aligns with expectations of a potential Federal Reserve rate cut during its upcoming meeting next week. The CME FedWatch Tool indicates a 97% probability of a 25-basis-point cut, fueling further market optimism.
Impact on the Crypto Market
Bitcoin Performance: Trading near $98,600, up 1% on the day, with a high of $98,889.80 recorded in the last 24 hours.
Altcoin Surge: Cryptocurrencies like Ethereum, XRP, and Solana showed significant gains, signaling growing investor confidence.
Sentiment: The Crypto Fear and Greed Index sits at 73, reflecting a "greed" sentiment.
The crypto market, despite its volatility earlier this week, appears to be gaining momentum. A rate cut by the Federal Reserve could further bolster the rally, potentially driving BTC and altcoins to new highs.
Outlook and Upcoming Data
Market participants are closely monitoring the upcoming Producer Price Index (PPI) data, which could provide additional clarity on the Federal Reserve's next steps. Meanwhile, the broader financial market has shown mixed reactions, with the 10-year U.S. Bond Yield rising to 4.228% and the Dollar Index declining to $106.020.
Conclusion
With inflation data aligning with expectations and hopes of a rate cut, the crypto market is set for a potential rally. Bitcoin and other cryptocurrencies are poised to benefit from these developments, making the coming days critical for traders and investors alike.
To read more in-depth articles on new world news.
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nigeriabitcoincommunity · 1 month ago
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6 Coins That Could Make You 100% Gains This Crypto Bull Season
Buy these six coins to make 100% gains this Crypto Bull Season
Last Saturday, I went shopping, and like most people, I enjoy a good shopping spree. But this time, the experience was extra special because of where the money came from. I had just cashed out the profits from my Solana ($SOL) investment, and spending that hard-earned gain felt nothing short of amazing. You see, I reluctantly decided to invest in Solana last year after stumbling across a video…
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36crypto · 7 days ago
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XRP: One of the Most Disliked Coin in the Market, Here is Why
A known crypto analyst recently shared his opinion, detailing why he thinks investors hate XRP as much. The Ripple-backed token has been one of the most controversial cryptocurrencies over the years. Affected by several factors, especially regulatory, XRP had stalled in performance, failing to surge even when the entire market rallied. Even though XRP posted some impressive movements since its…
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tyhaber · 2 months ago
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XRP Kritik Dirençte! Fibonacci Seviyeleri ve Yön Analizi – Yükseliş mi, ...
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cryptogirl2024 · 3 months ago
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Egrag Predicts XRP Surge: Worst-Case Target $2.30 to $5.89
Egrag predicts that XRP could potentially hit a price range of $2.30 to $5.89 in this cycle.
After the SEC appeal, XRP may rebound to the $5-$6 range, following past recovery trends.
If BTC reaches $100K, XRP is projected to climb to $2.88, signaling strong potential gains.
The current cycle of XRP may bring its price within the range of $2.30 to $5.89, according to the predictions made by analyst Egrag Crypto on X this Friday. He outlined two main strategies that could be used to show how these targets could still be achieved, even in the worst-case scenario.
SEC Appeal Impact
Egrag equates the ongoing SEC appeal to the events during the initial lawsuit in December 2020, when XRP’s price was massively affected. After the first setback, the XRP price bounced back, giving its investors ten times their initial investment. In this regard, he indicates that if the same pattern is to be followed once the appeal has been made, XRP could go as high as $5-$6. He also notes that breaking through the Fibonacci 1.618 level may send XRP to about $6.50.
Related:
The second approach looks at the relationship between Bitcoin price fluctuation and XRP. In the 2021 bull run, Bitcoin hit the $68,000 mark, and XRP reached $1.96, according to Egrag. He claims that in the 2024-2025 cycle, if Bitcoin is to break through to new all-time highs of $80,000 to $100,000, XRP might just do the same.
Potential Price Surge
If Bitcoin is to rise to $80,000, which is a 17.65% rise from its previous high, XRP may soar to $2.31. In a slightly more optimistic view, where Bitcoin rises to $100,000 (a 47.06% gain), XRP can increase to $2.88. Even using a worst-case scenario, these projections point to massive returns for XRP owners. As of press time, XRP is trading at $0.5234, showing a 0.27% rise over the last 24 hours.
Egrag calls on the XRP community to stay patient and hold firm. Despite labeling his predictions a "worst-case scenario," he sees potential for XRP to grow in the upcoming cycle. He advises XRP holders to adjust their strategies based on these targets while staying alert to market movements. XRP investors are encouraged to remain steadfast as the market evolves.
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wealthwise93 · 3 months ago
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The promising future of XRP
What’s next for XRP? After recent legal wins, predictions suggest XRP could rise from $0.59 to between $1.07 and $3.10 in 2024! By 2030, it might hit $10.69, driven by its role in international payments. Are you ready for this potential? #XRP #Crypto
The future development of XRP appears promising, particularly following the recent legal victories against the SEC, which could alleviate regulatory concerns. Currently valued around $0.59, XRP is expected to see significant price fluctuations in the coming years. Short-Term Predictions: 2024: Predictions vary, with estimates ranging from $1.07 to $3.10. 2025: Analysts anticipate prices…
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