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Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Home Business Cryptocurrency Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency price on November 30 quick take: The global market cap stood at $1.43 trillion.Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Bitcoin price stood at $38,061.35 on Thursday. ( Image Source : fabrikasimf/Freepik )NEXTPREVBitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Ethereum (ETH) Price TodayETH price stood at $2,041.37, marking a 24-hour dip of 0.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.78 lakh.Dogecoin (DOGE) Price TodayDOGE registered a 24-hour gain of 1.39 percent, as per CoinMarketCap data, currently priced at $0.08177. As per WazirX, Dogecoin price in India stood at Rs 7.10.Litecoin (LTC) Price TodayLitecoin saw a 24-hour jump of 0.38 percent. At the time of writing, it was trading at $70. LTC price in India stood at Rs 6,125.20.Ripple (XRP) Price TodayXRP price stood at $0.6091, seeing a 24-hour dip of 0.52 percent. As per WazirX, Ripple price stood at Rs 52.80.Solana (SOL) Price TodaySolana price stood at $60.67, marking a 24-hour jump of 3.41 percent. As per WazirX, SOL price in India stood at Rs 5,249. Top Crypto Gainers Today (November 30)As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:IOTA (IOTA)Price: $0.248624-hour gain: 42.94 percentInjective (INJ)Price: $17.7924-hour gain: 7.58 percentTHORChain (RUNE)Price: $6.4524-hour gain: 6.03 percentKuCoin Token (KCS) Price: $8.2224-hour gain: 4.27 percentTerra Classic (LUNC)Price: $0.000122824-hour gain: 4.19 percentTop Crypto Losers Today (November 30)As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:Sei (SEI) Price: $0.24624-hour loss: 12.79 percentUniswap (UNI)Price: $5.9924-hour loss: 5.45 percentKlaytn (KLAY)Price: $0.190624-hour loss: 5.12 percentBlur (BLUR)Price: $0.509924-hour loss: 4.80 percentAxie Infinity (AXS)Price: $6.4224-hour loss: 3.96 percentWhat Crypto Exchanges Are Saying About Current Market ScenarioMudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin's trading activity has centred around the $37,800 level in the last 24 hours, aligning with Swiss asset manager Pando Asset's application to enter the Bitcoin Spot ETF competition in the US as the 13th participant. The addition of another established global player enhances the prospects of a favourable decision on the spot ETF. To maintain its positive momentum, Bitcoin will need to breach the resistance at the $38,100 level or risk finding support around the $37,700 level. Meanwhile, Ethereum remains above the $2,000 level.”Rajagopal Menon, Vice President, WazirX, said, “Bitcoin stands resilient amidst market fluctuations and currently holds a market cap of $740.47 billion, with a dominance of 49.7 percent. Notably, Bitcoin's current price is approximately $37,800, showcasing its sustained strength and growing adoption as a reliable store of value. Altcoins demonstrate diverse movements, underscoring the need for vigilance in this dynamic crypto landscape."Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The current Bitcoin (BTC/USD) technical outlook on a 4-hour chart indicates key levels to monitor. The pivot point at $37,161 establishes a baseline, while immediate resistance is observed at $38,684. Further resistance lies at $39,933 and $41,395, serving as potential targets for bullish momentum. Solid support is evident at $35,912, with additional cushions at $34,419 and $33,140. The Relative Strength Index (RSI) at 60 suggests a tempered bullish sentiment, and the Moving Average Convergence Divergence (MACD) at 93.89 hints at a cooling bullish trend. Bitcoin's price above the 50-Day Exponential Moving Average (EMA) of $37,333 supports a short-term bullish narrative, with an ascending triangle pattern suggesting potential upward movement upon breaching the $38,000 resistance. In summary, the trend remains bullish above $37,333, with the short-term forecast eyeing a test of $38,684 resistance. Market dynamics and sentiment will likely influence the narrative in the coming days.”Shivam Thakral, CEO of BuyUcoin, said, “The crypto market remained flat over the past 24 hours with BTC and ETH trading at $37,889.93 and $2,036.21 respectively. The possibility of a rate cut by the Fed will keep the market sentiment positive as any rate cut may spark economic activity and cheer the global financial markets in the long term. As we approach the end of this year, 2024 looks promising with sustained growth for the digital asset market.” CoinDCX Research Team noted, "BTC retraced from the $38,000 resistance level following the Wall Street open on November 29, influenced by better-than-expected U.S. gross domestic product (GDP) figures. Despite the prior push above $38,000, BTC fluctuated around that level and eventually dropped after the release of U.S. macro data. Currently, BTC is hovering near that resistance level."

about 7 hours ago
Crypto Navigator
Crypto Navigator
XRP’s Projected Surge: ChatGPT Predicts $3 by the end of 2023
1 day ago
crYpto_mizan
crYpto_mizan
followers

🔥🔥ChatGPT and Google Bard Predict Bullish XRP Price for 2024 Prominent AI chatbots ChatGPT and Google Bard have made bullish price projections for XRP, citing current realities, with targets ranging from $0.5 to $5. Powered by next-generation Large Language Models (LLMs), the duo of ChatGPT and Google Bard have maintained an optimistic outlook on XRP ahead of 2024. While ChatGPT shared insights into the asset’s price by the end of next year, Google Bard teased what investors can expect at the beginning of the year What to Expect from XRP Price According to ChatGPT, based on specific questions, XRP may end this year and carry over a price of $3 into 2024 This bullish projection implies that XRP will have to soar as high as 397.67% from its current valuation of $0.6028 to hit this price mark However, the chatbot backtracked on this massive price projection when it factored in other conditions like the progression of the Ripple vs. SEC legal brawl with the recent court judge and an impending bull run. With the new realities presented, ChatGPT gave a $2.5 price forecast for XRP by the end of this year and into 2024. To wrap up the coming year, ChatGPT expects XRP to soar to $5, a move which, if attained, will mark a major landmark for the digital currency and its community On the other hand, Google Bard maintains a more conservative price target for XRP by the start of 2024. The chatbot foresees the coin trading at a range of $0.5 to $1.8 after factoring in key issues like performance, inherent sentiments in the market, the impact of regulations, and adoption from institutions, respectively XRP Speed Bumps Removed For XRP, the ruling that upheld its status as a non-security in the US is a key factor that has removed all speed bumps impacting its growth For close to three years, XRP became the key casualty in the Ripple and SEC legal battle. However, with this new lease of life, exchanges can go beyond relisting the coin to offering custom products for their users

2 days ago
CryptoNews
CryptoNews
followers

The market shows signs of a potential breakout, with several coins retesting their resistance points, indicating a possible uptrend. Analysts are focusing on XRP and Shiba Inu (SHIB), expecting more growth in 2024 and beyond.  This article will explore their price projections and future outlooks based on on-chart data and overall performance. XRP retests $0.93 XRP fell to $0.58 last week but recovered to $0.62 and is now nearing a horizontal resistance zone.  On the weekly time frame, technical analysis reveals that XRP has followed an ascending support trend line since the beginning of 2023. This trajectory enabled the coin to break through a crucial horizontal resistance zone, approaching a new yearly high at $0.93.  You might also like: XRP analyst sees potential bottom, urges caution With the current RSI above 50, analysts like Cryptobull and JD are bullish on XRP. #XRP projected prices are $4.20, $7.20 and $470 based on past breakouts. $XRP had a major breakout at the end of every triangle and we are about to finish the fourth triangle. Do you believe? pic.twitter.com/14AEfXlPQ5 — CryptoBull (@CryptoBull2020) November 21, 2023 By their predictions, XRP can reach $0.9879 by early Q1 2024. Shiba Inu may break out Shiba Inu is up 10.7% in the past 30 days.  The 30-day average for Shiba Inu is also on the rise, with a trading volume of $110,502,553, indicating significant market activity.  In 2023, the Shiba Inu ecosystem expanded by introducing the Shibarium layer-2 network and its proprietary name service. These initiatives aim to strengthen the fundamentals of the Shiba Inu network.  Moreover, the upcoming SHIB: The Metaverse launch could trigger more demand.  Analysts forecast SHIB to reach $0.000013 in the coming year. Exploring alternatives XRP and SHIB are bullish, but a newcomer, Meme Moguls, is also expanding in the play-to-earn (P2E) space.  Meme Moguls offers unique meme-backed assets and a stock market/exchange platform with leaderboards and other ecosystem elements for players to monetize their time.  Visit Meme Moguls Read more: Ethereum bulls target $3k, Meme Moguls rising, Shiba Inu may breach $0.00001 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

2 days ago
CoinCodex
CoinCodex
followers

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. XRP is down -4.26% today against the US Dollar XRP/BTC decreased by -2.73% today XRP is currently trading 24.75% below our prediction on Dec 02, 2023 XRP gained 10.54% in the last month and is up 51.11% since 1 year ago XRP price $ 0.605566 XRP prediction $ 0.804707 (32.10%) Sentiment Neutral Fear & Greed index 66 (Greed) Key support levels $ 0.608922, $ 0.599906, $ 0.585801 Key resistance levels $ 0.632043, $ 0.646148, $ 0.655163 XRP price is expected to rise by 32.10% in the next 5 days according to our XRP price prediction XRP price today is trading at $ 0.605566 after losing -4.26% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.71% in the same time period. XRP performed poorly against BTC today and recorded a -2.73% loss against the world’s largest cryptocurrency. According to our XRP price prediction, XRP is expected to reach a price of $ 0.804707 by Dec 02, 2023. This would represent a 32.10% price increase for XRP in the next 5 days. XRP Price Prediction Chart Buy/Sell XRP What has been going on with XRP in the last 30 days XRP has been displaying a positive trend recently, as the coin gained 10.54% in the last 30-days. The medium-term trend for XRP has been bullish, with XRP increasing by 17.32% in the last 3 months. The long-term picture for XRP has been positive, as XRP is currently displaying a 51.11% 1-year price change. On this day last year, XRP was trading at $ 0.400745. XRP reached its all-time high price on Jan 04, 2018, when the price of XRP peaked at $ 3.92. The current XRP cycle high is $ 1.98, while the cycle low is at $ 0.113268. XRP has been displaying low volatility recently – the 1-month volatility of the coin is at 6.26. XRP recorded 18 green days in the last 30 days. XRP technical analysis for today - Nov 27, 2023 The sentiment in the XRP markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.608922, $ 0.599906 and $ 0.585801, while $ 0.632043, $ 0.646148 and $ 0.655163 are the key resistance levels. Neutral sentiment for XRP 16 indicators are currently signaling a bullish prediction for XRP, while 13 indicators are showing a bearish forecast. With 55% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for XRP. Crypto market is currently experiencing Greed Currently, the Fear & Greed index is at 66 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. XRP moving averages & oscillators Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how XRP is positioned in the market right now. Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.621705 (SELL) $ 0.617938 (SELL) - - MA5 $ 0.619558 (SELL) $ 0.619623 (SELL) - - MA10 $ 0.615029 (SELL) $ 0.619507 (SELL) - - MA21 $ 0.641087 (SELL) $ 0.621340 (SELL) $ 0.579826 (BUY) $ 0.567808 (BUY) MA50 $ 0.582639 (BUY) $ 0.598159 (BUY) $ 0.493782 (BUY) $ 0.531172 (BUY) MA100 $ 0.547509 (BUY) $ 0.574938 (BUY) $ 0.507905 (BUY) $ 0.532570 (BUY) MA200 $ 0.552446 (BUY) $ 0.548299 (BUY) $ 0.541316 (BUY) $ 0.516308 (BUY) Period Value Action RSI (14) 52.61 NEUTRAL Stoch RSI (14) 33.52 NEUTRAL Stochastic Fast (14) 27.88 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 39.03 SELL Awesome Oscillator (5, 34) 0.00 NEUTRAL Momentum (10) -0.03 NEUTRAL MACD (12, 26) -0.01 NEUTRAL Williams Percent Range (14) -72.12 NEUTRAL Ultimate Oscillator (7, 14, 28) 54.18 NEUTRAL VWMA (10) 0.61 BUY Hull Moving Average (9) 0.61 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 0.65 NEUTRAL The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for XRP is at 52.61, suggesting that XRP is currently neutral. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of XRP over the last 50 days. Currently, XRP is trading below the SMA 50 trendline, which is a bearish signal. Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the XRP closing price for the last 200 days. XRP is now trading below the SMA 200, signaling that the market is currently bearish. The bottom line about this XRP prediction After considering the above factors, we can conclude that the current forecast for XRP price prediction is Neutral. XRP would have to increase by 32.10% to hit our $ 0.804707 target within the next five days. Moving forward, it will be important to monitor the XRP market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term XRP price predictions click here. Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

3 days ago
koinmilyoner
koinmilyoner
followers

The current surge in Ripple's XRP coin has generated significant interest and discussion among the cryptocurrency community over its prospective direction. XRP, now valued at $0.6200, has shown notable durability and a positive trajectory, notwithstanding the customary oscillations seen in the market. The occurrence of this transaction has given rise to conjecture over its possible influence on the market price of XRP, with several individuals foreseeing a regression to $0.50. The aforementioned transactions suggest an inclination to divest assets, so generating a pessimistic mood that has the potential to impact the price of XRP in the next days. Despite the prevailing uncertainties, XRP is now sustaining a position above the threshold of $0.60, exhibiting a noteworthy monthly increase of 14.31%. Nevertheless, the full ramifications of the whale transfers have yet to manifest. Prospects for the Future and Expert Forecasts Although XRP is now encountering short-term uncertainty, it is important to note that experts have varying perspectives on this matter. CryptoInsightUK highlights the distinctive position of XRP, with a particular emphasis on its legal certainty and previous accomplishments in terms of market capitalization. The analyst acknowledges the challenge associated in replicating a 61,000% increase, however refrains from disregarding it, particularly in light of its practical applications. The ongoing litigation with the Securities and Exchange Commission (SEC) introduces a heightened level of intricacy, hence exerting an influence on the perception and attitude of investors. In the meanwhile, PricePredictions and CoinCodex provide other forecasts that suggest the emergence of support levels and project a probable spike to $0.82 by November 29th. The long-term market value of XRP may be influenced by legal successes, regulatory transparency, and overall developments within the cryptocurrency ecosystem. In this analysis, we will examine the data and technical indicators in order to provide insights into the future price forecast of XRP. A Forecast on XRP's Future Price In the context of the fluctuating cryptocurrency market, the digital asset XRP offered by Ripple has notable characteristics of durability and promising prospects for expansion. As of November 26, the market price of XRP is at $0.6300, indicating a modest increase of 0.85% throughout the preceding 24-hour period. The aforementioned optimistic trend underscores the favorable feeling around the asset in light of the wider market's swings. An in-depth analysis of XRP's technical landscape reveals many significant price levels that may determine its near-term future. The current pivot point is established at a value of $0.6260, which functions as a reference point for tracking the asset's trajectory. The current analysis reveals the presence of immediate resistance levels at $0.6535, $0.6891, and $0.7235. The aforementioned levels serve as significant obstacles that XRP must surmount in order to sustain its upward trajectory. On the contrary, the support levels situated at $0.5924, $0.5650, and $0.5406 provide protective barriers that may mitigate the impact of a prospective decline. The Relative Strength Index (RSI) value of 63 for XRP indicates a positive market mood, indicating a bullish trend while avoiding excessive buying pressure. This observation suggests a strong demand for the asset among the trading community. The 50-Day Exponential Moving Average (EMA) is now valued at $0.6200, which serves to strengthen the bullish trend as the price of XRP continues to stay higher than this significant signal. The examination of the chart indicates the occurrence of a breakout in the form of a double top formation, which is accompanied by a crossing at the pivot point of $0.6260. This convergence of factors provides further evidence in favor of a positive market sentiment. This observed pattern often signifies a possibility for upward price movement, suggesting that XRP may encounter greater levels of resistance in the near future. In summary, the general trajectory of XRP exhibits a bullish pattern, especially if it maintains a position above the threshold of $0.6255. Based on the short-term prediction, it is anticipated that XRP may potentially evaluate its immediate resistance levels during the next days. Nevertheless, considering the unpredictable characteristics of the cryptocurrency market, it is advisable for investors and traders to exercise prudence by remaining updated on market fluctuations and global economic variables that may influence the price dynamics of XRP. #XRPUpdate #crypto2023 #BullRun

4 days ago
CryptoFida
CryptoFida
followers

XRP COIN CROSS 100$ in 2025 YES POSSIBLE XRP Price Prediction as Analyst Foresees Major Breakout Soon – Is $100 a Realistic XRP Target in 2025? XRP Price Prediction – Source: Tradingview Chart analysis reveals a double top pattern breakout, coupled with a crossover at the $0.6260 pivot point, further supporting a bullish outlook. This pattern typically indicates a potential for upward momentum, suggesting that XRP could test higher resistance levels in the near term. In conclusion, XRP’s overall trend appears bullish, particularly if it stays above the $0.6255 mark. The short-term forecast suggests that XRP is likely to test its immediate resistance levels in the coming days. However, given the volatile nature of the cryptocurrency market, investors and traders should approach with caution, staying abreast of market changes and global economic indicators that could impact XRP’s price dynamics. #RichardTeng #etf #Onchain #BTC

4 days ago
koinmilyoner
koinmilyoner
followers

The appearance of a "cup and handle pattern" in the daily time frame of the cryptocurrency XRP has been brought to notice by the highly regarded cryptocurrency analyst Analist, who possesses a significant following of around 100,000 users on platform X. According to the research conducted, it is suggested that if the token is able to sustain a closing price above the support level of $0.604, XRP exhibits the possibility of experiencing a favorable upward movement towards the price targets of $1.05 and $1.88. While the prognosis from Analist exhibits several optimistic factors that might potentially contribute to a significant price increase for XRP, it is equally crucial to consider the assessment put out by another expert. Greetings, everyone. The XRP cryptocurrency exhibited the formation of a cup and handle pattern when observed in the daily time period. The objectives of $1.05 and $1.88 were established using the Elliott Waves methodology. Additionally, the presence of the Cup-Handle pattern suggests that XRP has the potential to hit these levels. In a context where forecasts frequently lack certainty, the affirmation put out by the popular cryptocurrency analyst Analist offers an additional clear viewpoint, indicating that the attainment of a $50 valuation for XRP may be less intricate than naysayers perceive. During the initial hours of Tuesday, the value of XRP maintained a level above the $0.60 mark. The alternative form of digital currency is presently experiencing a positive trajectory, along with a rise in the level of financial resources being allocated by institutional investors towards XRP funds. In recent weeks, there has been an observable pattern wherein prominent investors with substantial financial resources have been reducing their ownership of XRP tokens, while at the same time, individual traders have shown a preference for acquiring this particular alternative cryptocurrency. This occurrence has played a significant role in fostering a favorable perspective on the growth and prospects of XRP. The current value of XRP is at $0.6105, representing a decrease of 1.8% compared to its value 24 hours ago. Despite the persistent decline, there is a growing interest in the asset, as seen by a 25% surge in transaction activity over the last day, reaching over $1.2 billion. The current valuation of the cryptocurrency market is at $1.39 trillion. The chart displayed is sourced from TradingView.com. The Future Implications of the Ascending Triangle Pattern for $XRP One of the author's latest updates about XRP focuses on the asset's performance on the weekly chart, highlighting their continued optimistic outlook. According to the chart provided by EGRAG, XRP is now engaged in trading within an ascending triangle pattern that has persisted since 2018. The ascending triangle is regarded as a bullish pattern within the field of technical analysis. This pattern is characterized by the presence of a horizontal resistance line and a support trendline that exhibits an upward trajectory. This phenomenon denotes a market scenario when buyers persistently exert upward pressure on the price, beyond a particular degree of resistance. Market participants are expecting a possible upward breakout to occur near the apex of the triangle pattern, which would indicate a continuation of the current rising trend. This pattern is commonly seen as indicative of a growing demand for purchasing. #XRPUpdate #XRPPriceTargets #ripple

8 days ago
Cryptopolitan
Cryptopolitan
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The Ripple and SEC legal battle has seen a lot of action and is currently in the spotlight amid XRP inching up nearing its $0.70 forecast. Despite the partial wins the XRP parent company had over the United States Securities and Exchanges Commission, market sentiments have confirmed that the regulatory body intends to bring up an appeal that would affect the XRP forecast.  XRP showed a spike in its price on Saturday by 0.24%, and this ended the day session at $0.6229. The SEC regulator has been seen to threaten the XRP market price, and the looming appeal still remains a possible challenge for Ripple Labs as the legal battle has been the focal point for its market movements.  Ripple Labs and SEC legal battle implications  During the end of the week on Friday, XRP rallied by 0.02%, and following this was Saturday’s gain of 0.24%, regardless of no news on the Ripple Labs vs. the SEC legal trial. The steady market movements of XRP can be attributed to the growing scrutiny over the case.  Following news events on trial, the SEC is expected to appeal a court ruling on Programmatic Sales, and this development will hinder Ripple’s native coin from reaching its predicted $0.70 forecast by market experts. The short is attributed to the final proceedings of the battle this month.  Among the rulings made was the court order made on November 13 that requires both parties to complete related remedies discovery that’s supposed to be done by February 12, next year.  In light of a lower penalty ruling, the expectations of an SEC appeal could increase toward the Programmatic Sales ruling. Kraken has also had aggressive legal pressure from the SEC following charges for commenting on customers’ digital and fiat assets with their own funds.  The SEC had sued Kraken for its role in acting as an exchange, broker, dealer, and clearing firm for digital currency Securities.  Moreover, the regulator listed 16 cryptocurrencies as securities, and Ripple was absent because of the Programmatic Sales ruling.  XRP market movements Ripple Labs and the SEC have joined forces in distributing settlements related to the XRP sales to institutional investors. A ruling by Judge Analisa or a possible settlement could affect investment appetite for the digital token, and investors might stop adjusting their portfolios with XRP.  The regulatory body is currently eying a settlement penalty of $770 million that is part of the XRP sales for institutional investors.  However, the legal case could favor a significantly lower number as legal experts speculate that the amount could reduce to levels lower than the Ripple Labs $150 million legal bill. Additionally, the Supreme Court ruling on the US Securities and Exchange Commission states that the regulator has jurisdiction over sales made in the US. As such, the SEC should subtract the Ripple sales made to the institutional investors who reside outside the United States.  Ripple’s native coin has showcased an interesting price action in its market trend as it remained above the 50-day EMA as well as the 200-day EMA. This has confirmed a bullish prediction for the digital asset. A fall through the 50-day EMA could signal a bear run to the $0.5835 level, which is also XRP’s support price.  The 14-day RSI recorded 51.69 and signaled that XRP could break to levels above $0.6354, which is the marked resistance level. This could be a prior move towards the oversold zone.  At the time of writing, XRP is currently tagged at $0.622 with a weekly gain of 1.39%. However, its trading volume has reduced by 45.06% in the past 24 hours, according to CoinMarketCap. 

4 days ago
Crypto Bisons - Marketing and News
Crypto Bisons - Marketing and News
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🚀 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝘀 𝗫𝗥𝗣 𝗣𝗿𝗶𝗰𝗲 𝗘𝘅𝗽𝗹𝗼𝘀𝗶𝗼𝗻 𝘁𝗼 $𝟰𝟳𝟬! 📈💰 In a groundbreaking revelation, an anonymous crypto expert has taken to the platform X to unveil a highly optimistic outlook for XRP's future. The analyst, known as CryptoBull, utilizes intricate triangular patterns to identify potential market tops and subsequent bottoms, signaling a remarkable surge in XRP's value. 📊 Analyzing the Patterns: Three Targets Unveiled CryptoBull's comprehensive study showcases a chart detailing three completed triangles throughout XRP's history, each followed by substantial bull rallies. The fourth triangle, currently in its final stages, holds unprecedented significance. 🎯 Price Targets Proposed by the Analyst: 1. $4.20: A potential 600% increase in value. 2. $7.20: A staggering 1,000% surge, mirroring past trends. 3. $470: The ultimate goal, based on a historical 75,000% gain after the completion of the second triangle. 🔮 Historical Performance and Future Projections: The analyst emphasizes XRP's consistent pattern of significant price surges after each triangular formation concludes. With the fourth triangle nearing completion, anticipation is building for a monumental breakout. 🤝 Alignment with Wells Fargo Manager's Projections: Interestingly, CryptoBull's estimates closely align with Wells Fargo Manager Shannon Thorp's forecast of XRP reaching $500. Thorp's analysis grounds the prediction in Ripple's pivotal role in the cross-border payments industry, projecting a market worth of $250 trillion by 2027. 💡 The Ripple Effect: As Ripple gains a larger market share in cross-border payments, Thorp anticipates a corresponding increase in XRP's value. 🚀 Conclusion: Get Ready for the XRP Revolution! The convergence of technical analysis and industry positioning paints an exciting future for XRP investors. Brace yourselves for potential gains as XRP gears up for an unprecedented journey to new heights! 💰 NFA DYOR 🤝 $XRP #XRPUpdate

4 days ago
koinmilyoner
koinmilyoner
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In a recent proposal by Edward Farina, the Head of Social Adoption at #XRPUpdate Healthcare, a hypothetical scenario was presented whereby the price of XRP has the potential to see a significant increase, reaching a value of $10,000. The individual's forecast is founded around the potential for the token to function as an intermediary currency, facilitating transactions, and the potential for RippleNet to supplant SWIFT (Society for Worldwide Interbank Financial Telecommunication) inside the international cross-border payment networks. Is it possible for the price of XRP to reach $10,000? Farina's analysis delves into the fundamental concepts behind market dynamics. The author presents a counterargument to prevailing misunderstandings around the possible expansion of cryptocurrencies. There appears to be a lack of comprehension among a limited number of individuals regarding the fundamental concept of supply and demand. Observing individuals expressing astonishment upon encountering assertions on the potential for XRP to attain a value of $10,000, Farina made a noteworthy observation, although refraining from asserting the inevitability of such an outcome. The author highlights the significance of the global financial sector's yearly movement of hundreds of billions of dollars, suggesting that even a minor market share may result in a substantial increase in its overall value. Farina further expounds upon the existing functionalities of the SWIFT system, which exhibits the capacity to process a substantial volume of transactions per hour. Additionally, the prospective ramifications of RippleNet potentially supplanting SWIFT are discussed. One prevalent issue with the general perception of XRP's capacity for exponential growth is the prevailing belief that it is incapable of attaining a substantial market capitalization. The individuals in question are neglecting to acknowledge the fact that Financial Institutions facilitate the movement of vast sums of money, amounting to hundreds of billions of dollars on a global scale. According to the speaker, if XRP is able to get a small portion of the mentioned market, it would propel XRP to heights that have never been seen before. This underscores the significant and unexplored market potential that XRP might potentially access. Nevertheless, Farina's analysis lacks precise numerical data and fails to elucidate the specific amount of money required to drive the cryptocurrency's value to $10,000. In addition to this, Farina emphasizes the perceived technological advantage of XRP, namely in relation to transaction speed and finality. XRP demonstrates the ability to promptly settle value, often within an average duration of 3 seconds, while ensuring the irrevocability of transactions. Bitcoin (BTC), Ethereum (ETH), and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) are incapable of performing the aforementioned task. The author confidently argues in favor of the tokens' efficiency and dependability compared to currently available solutions. Can Ripple potentially serve as a replacement for SWIFT? The discourse surrounding the potential for XRP to attain a price in the four- or five-digit range, contingent upon Ripple's complete replacement of SWIFT or a partial displacement, has persisted for a considerable duration, nearly as long as the inception of the coin. The unearthing of a five-year-old comment made by Ripple CTO David Schwartz was recently brought to light by influencer Crypto Eri. Schwartz delineated the existence of a positive link between the price of an asset and its level of liquidity. The individual observed that there is a positive correlation between greater pricing and more liquidity, resulting in more affordable payments. This is because as the value of tokens rises, they become a more feasible way for conducting extensive financial transactions. This concept is closely related to Farina's conceptualization of cryptocurrencies as a disruptive force in contemporary financial institutions. Grayscale has just affirmed the potential of XRP to rival SWIFT. According to the company's most recent research titled "Currencies Crypto Sector," it is said that XRP has the position of the second largest asset, behind Bitcoin. XRP is developed as a viable substitute for #swift , with the primary objective of providing expeditious cross-border payment solutions at reduced transaction expenses compared to its industry counterparts. #ripple

6 days ago
CryptoPotato
CryptoPotato
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TL;DR XRP Prediction: XRP expected to reach $0.67 soon and possibly $0.88 by early December; long-term $470 prediction deemed unrealistic. ADA Forecast: Predictions suggest ADA could exceed $0.40 soon, with potential to reach around $11 post-BTC halving. Shiba Inu Growth: Shibarium, Shiba Inu’s blockchain, surpasses 4 million transactions; SHIB wallets increase significantly. XRP’s Possible Trajectory As usual, Ripple’s native token has been the subject of numerous predictions as of late, with some analysts envisioning a rally in the near future. The one using the X (Twitter) handle – Dark Defender – believes the asset could surge to $0.67 today (November 24) and continue the uptrend to as high as $0.88 by the beginning of December.  “I am expecting and basing this XRP to hit $0.67 by tomorrow at the latest. Then a small correction and then: Road to: $0.8888 & $1.0507. If you ask me, I like the numbers. I expect to hit $0.88 between November 30 & December 1 (not financial advice),” they said. Another person who recently chipped in was the X user CryptoBull. The analyst observed previous breakouts to lay out one of the most outrageous XRP price predictions, setting a future tag of $470 for the coin. It is worth noting that the envisioned milestone would most likely remain a mirage since the token’s market capitalization should blast to approximately $250 trillion for this to happen. Recall that the entire market cap of the sector was hovering around $3 trillion during the bull run in 2021 when Bitcoin (BTC) hit an all-time high of almost $70K. Those willing to dive deeper into the matter and explore how XRP might perform in the remaining quarter of the year could take a look at our video below: Where is ADA Headed? Cardano’s native cryptocurrency – ADA – was also projected to spike in the following months. Analyst and crypto Youtuber LuckSide Crypto claimed that the asset might surpass the $0.40 level in the near future, while Dan Gambardello – the Founder of Crypto Capital Venture – was far more bullish. The latter believes that ADA is currently in a pre-bull run condition, suggesting its price could skyrocket months after the BTC halving (scheduled for next spring) to around $11. Those curious to observe additional predictions involving Cardano’s coin could take a look at our latest video below: Shiba Inu’s Advancements Last but not least, we will touch upon the popular memecoin – Shiba Inu – and its recent achievements. As CryptoPotato reported, its layer-2 blockchain solution – Shibarium – hit another milestone, with the number of total transactions on the network exceeding 4 million.  In addition, SHIB wallets with a balance above $0 have surged above 1.2 million, an almost 15,000% increase compared to the 8,460 observed in February 2021. The post Ripple (XRP) Price Predictions, Cardano (ADA) Targets, Shiba Inu (SHIB) Developments: Bits Recap Nov 24 appeared first on CryptoPotato.

6 days ago

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