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Ripple / XRP Analysis

XRP price today is $0.39 with a 24hour trading volume of 1.2 billion dollar. XRP price is up 1% in the last 24 hours and 11% since last week

In the daily timeframe, the price formed an ascending price channel pattern, and after being supported by the lower trendline, it started moving upward. However, the $0.4 resistance level has paused the rally for now, resulting in short-term price consolidation.If xrp surpasses the $0.4 level, the channel’s middle trendline and the $0.5 levels will be the next obstacles to surpass. On the other hand, if the $0.4 level rejects the price, the channel’s lower boundary will be the next significant support level. short term targets are 0.43 , 0.45 , 0.47 and 0.5$

Ripple Moves 100M XRP amid growing whales Interest in asset plus xrp overtakes BTC and ETH in terms of trading Volume in Australia

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what a pump

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we hit the first target

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we hit the second target too

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we hit the third target too

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we hit all targets

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we hit all targets

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Ripple Sold $336M Worth of XRP Tokens in Q1 2023

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Ripple, which spent $250 million to acquire Swiss crypto custody firm Metaco, plans to begin offering clients tools to custody, issue and settle tokenized assets. The deal, financed through a combination of cash and Ripple equity, will make Ripple the sole shareholder of Metaco, which will still operate as an independent brand

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Ripple is kicking off a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Thought this innovation, government institutions will be able to manage and customize the entire life cycle of the CBDC, which includes minting, distribution, redemption and token burning.

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トレード終了: 利益確定目標に到達

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Ripple wins verdict that XRP is not a security

トレード終了: 利益確定目標に到達

its party time

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Ripple Labs’ cryptocurrency, XRP, has once again captured significant attention within the market. The token surged past $0.52, gaining notable upward momentum. This rise was accompanied by a marked increase in whale activity, stirring interest and speculation among crypto market investors.

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Ripple CEO Brad Garlinghouse expects the company to soon resolve its years-long lawsuit with the U.S. SEC. It is speculated that XRP will announce a settlement after a closed-door meeting with the U.S. SEC next week.

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The rescheduled SEC Settlement meeting will take place on July 25, 2:00 PM - 4:00 PM ET. If the Ripple-SEC settlement rumor proves false, a "Sell the News" event may occur

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$600M XRP token release to bring August crypto unlocks to $1.5B

The month of August is shaping up to be a big month for token unlocks, with just shy of $1.5 billion in tokens being released to the market.

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its getting hot

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Grayscale will launch the first XRP trust fund in the United States. Grayscale has released a four-stage product life cycle plan for its XRP trust fund, and may seek regulatory approval to convert it into an ETF in the future.

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Bitwise has filed an application to establish a trust to launch an XRP Spot ETF, but it's unclear whether it will be approved.

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Bitnomial sues SEC over claim that XRP is a security