After trending briefly bearish for three months, XRP looks ready for a major sell following a recent breakdown from a critical support level. It currently trades at support after slightly rejecting a five-month low. Closing last month’s trading with a complete head-and-shoulder pattern on the daily chart, XRP bounced off the neckline for three days and released pressure yesterday. This led to a key breakdown from a critical $2 level, which has been a serving as support for four months. The price dipped to $1.61 for the first time in five months, although it has recovered briefly to where is
The post RIPPLE PRICE ANALYSIS & PREDICTION (April 7) – is XRP on The Road to $1 After Finally Bridging This Critical Support? appeared first on The Merkle News.
]]>In this cycle, the behavior of investors in the cryptocurrency market has significantly shifted, with one clear trend being the emergence of XRP as a standout favorite among retail investors. Despite the rallying that Bitcoin (BTC) has seen—largely driven by institutional demand—XRP has been moving in an altogether different direction, seeing a retail interest in it that has, in fact, at times, outstripped Bitcoin on any number of metrics. Recent data shows that XRP has seen an extraordinarily robust resurgence in not only price but also in its overall network activity. From what just appeared to be a hopeful uptick
The post XRP Surges as Retail Interest Soars: Diverging Paths from Bitcoin’s Institutional Rally appeared first on The Merkle News.
]]>Ripple’s latest stablecoin, RLUSD, is quickly making a name for itself in the cryptocurrency world. This new, up-and-coming stablecoin has already mustered a circulating supply of $160 million and an increase in Ethereum mainnet addresses that are holding the token. With this new development in Ripple’s corporate strategy, RLUSD is taking a crucial step toward the digital payment revolution Ripple has long promised. Increasing levels of trust and adoption in institutional use of stablecoins have made Ripple’s game plan for RLUSD all the more significant. Payments, trading, and liquidity management through the use of RLUSD could make it a serious
The post Ripple’s RLUSD Stablecoin Gains Momentum, Set to Become a Key Player in the Stablecoin Market appeared first on The Merkle News.
]]>XRP has gained quite a bit of attention from the mainstream media of late. Call it a core holding of Chris Giancarlo’s U.S. Crypto Strategic Reserve. If you listen closely, you can almost hear the federal government whistling past the graveyard of cryptocurrency regulation. XRP is growing in influence within the cryptocurrency ecosystem. Its adoption and performance metrics are impressive. The pace of both seems much too fast to be anything but real, as in actually-to-something-approaching-normal-life, as opposed to even half the pace at which bitcoin and ethereum seem to be gaining adoption in weird-out-there ways. Surge in Transactions and
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As of March 5, 2025, XRP traded at $2.48, commanding a $143 billion valuation and $8.04 billion in daily activity, fluctuating between $2.30 and $2.54—a harmonious equilibrium across temporal intervals. XRP Looking at the 1 hour XRP chart, a near-term upward bias materialized as XRP charted rising minima below the $2.54 barrier. Tenacious demand at […]
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Tyler Winklevoss, co-founder of Gemini, has publicly questioned the inclusion of XRP, solana (SOL), and cardano (ADA) in a proposed U.S. strategic crypto reserve. Winklevoss Criticizes Trump’s Proposed Crypto Reserve Inclusion of XRP, SOL, ADA Over Suitability President Donald Trump, the 47th U.S. president, announced on March 2, 2025, that XRP, SOL, and ADA would […]
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On Monday, March 3, 2025, XRP has been trading between $2.57 and $2.61 over the last hour, with a market capitalization of $150.8 billion and a 24-hour trading volume of $18.98 billion, reflecting a volatile session within an intraday range of $2.23 to $2.96. The recent Trump announcement, which included XRP in the strategic reserve […]
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Economist Peter Schiff questioned why the U.S. needs an XRP reserve. Despite strong industry support, he asked: “What’s the rationale for an XRP reserve? Why the hell would we need that?” Peter Schiff Questions US XRP Reserve in Trump’s Strategic Crypto Initiative Economist and gold advocate Peter Schiff has questioned why the U.S. needs an […]
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Ripple CEO sees Trump’s “Crypto Strategic Reserve” as a game-changer for XRP, signaling a new era of legitimacy and growth while slamming past SEC obstruction. XRP Included in Trump’s Crypto Reserve—Ripple CEO Sees a Major Breakthrough Ripple CEO Brad Garlinghouse took to social media platform X on March 2 to weigh in on President Donald […]
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Following an extended spell of silence regarding a strategic bitcoin reserve from the Trump administration, President Donald Trump erupted onto the digital stage of social media with an interesting proclamation. With the flair of a maestro, he unveiled that a “crypto strategic reserve that includes XRP, SOL, and ADA” shall spin into action, advancing with […]
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