The XRP price has exhibited a seller-dominated market over the past few days, underscoring the continued dominance of the bears in recent weeks. A broader look at the altcoin’s performance shows what looks like a consolidatory range since early February. As this plays out, a market analyst has recently painted a bearish outlook for the…
View More XRP Price Could Be On The Verge Of A Further 30% Downturn — Here’s Why
Crypto pundit X Finance Bull has highlighted XRP’s mass adoption and its use across several continents. Given the altcoin’s global utility, the analyst noted that the token won’t remain undervalued forever, hinting it could still reach higher prices. Pundit Points To XRP’s Global Adoption Among Different Countries In an X post, X Finance Bull said…
View More XRP Global Distribution Shows The Major Holders And What It’s Being Used For
XRP holders havethe usual price talk with a more uncomfortable point: tokens do not go on a price rally by themselves. Holders who do not understand this may be waiting for a rally driver that they themselves are failing to build. The Lesson Every XRP Holder Must Understand Blockchain history does not leave much room…
View More What Every XRP Holder Must Understand As Activity Wanes
Crypto pundit X Finance Bull has explained how XRP is positioned to absorb a share of the $100 trillion in assets that the Depository Trust and Clearing Corporation (DTCC) has in custody. He notably mentioned Ripple and the role the crypto firm is playing in making this possible for XRP. How XRP Is Positioned To…
View More XRP To Enter This $100 Trillion Custody Pool And This Is How It Will HappenAn interesting statement from Grant Cardone has led to a different kind of conversation. According to the popular American businessman, the Bitcoin price should be $280,000. His claim that Bitcoin should already be trading at $280,000 raises a deeper question: if that valuation were accurate today, what would it imply for the rest of the…
View More If Bitcoin Should Be Worth $280,000 Right Now, What’s The Real Value Of Dogecoin And XRP?
XRP may be setting up for a large upside liquidation event even as price action remains fragile in the short term, according to Cryptoinsightuk analyst Will Taylor, who argued in a March 24 video that leverage positioning, funding data, and broader market structure still point to a higher move later in the cycle. Taylor’s core…
View More XRP Could Be Building A Major Short Squeeze, Analyst SaysCrypto analyst X Finance Bull has laid out a detailed theory explaining why XRP’s large token supply, often criticized as a weakness, could actually serve as a powerful mechanism for institutional adoption. His analysis comes as XRP community members continue to burn tokens to help reduce supply. In contrast, others demand that Ripple burn its…
View More Why The XRP Supply In The Billions Is Not A Problem
After a poor performance in the first two months of the year, the XRP price appears to have steadied its movement, rousing the hopes of relief among investors. However, the latest on-chain analysis suggests that the altcoin might not have hit its true local price bottom yet. Number Of Days Spent At A Profit Still…
View More On-Chain Data Shows XRP Price Bottom Might Be Further Below — Here’s Why
As XRP attempts to defend a crucial support level, an analyst has called for a 30%-40% rally in the coming weeks, suggesting that the altcoin could see short-term relief before it reaches its “critical inflection point.” XRP Defends Its ‘Lifeline’ On Friday, XRP saw a 2.5% intraday retrace to retest the $1.43 area before bouncing…
View More XRP’s ‘Critical Inflection Point’ Weeks Away? Analyst Explains Why A $2 April Rally Is Possible
Following the recent market trend, the XRP price has maintained its hold on an important trendline over the years. This trendline leans bullish, and as long as the cryptocurrency holds above it, the likelihood of a recovery remains high. However, a break below this multi-year trendline could signal doom, with crypto analyst CrypFlow forecasting how…
View More XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming