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Showing posts with the label xrp etf

This technical pattern sets XRP’s price next stop

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XRP has surged nearly 2% in a day, aligning with the  broader market recovery. This rebound follows the completion of a correction phase, with technical indicators suggesting a potential bullish breakout. Despite the short-term gains, XRP remains under pressure. As of press time, the token was trading at $2.17, with a 12% decline over the past week and an almost 10% drop on the monthly time frame. However, technical indicators and institutional interest are fueling optimism for a potential reversal. XRP one-day price chart. Source: Finbold XRP’s path to a breakout According to analyst DarkDefender , XRP has finalized its correction on the four-hour timeframe, hinting at a potential shift in momentum. On the daily chart, the asset is showing signs of recovery, with key indicators pointing toward a possible trend reversal. Picks for you ...

Ripple to $5? These Two Factors Could Push XRP to New Heights

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The digital asset market has failed to live up to the hype it entered the year with less than two months into 2025. However, that could be poised to turn around in a big way. One token already rebounding is Ripple (XRP), with two key factors potentially pushing the cryptocurrency to a $5 price point. There were few cryptocurrencies that had as much promise this year as XRP did. After standing in opposition to the country’s previously anti-crypto regime, it should be a big winner from the ongoing regulatory shift. Moreover, there are two things that could have it eyeing a new landmark price before the year is through. Source: Watcher Guru Also Read: Ripple: XRP Price Prediction For Valentine’s Day Ripple Gets Back on Track as Two Developments Could Have XRP Eyeing $5 Over the last several years, Ripple has been the subject of the enforcement tactics of Gary Gensler’s US Securities and Exchange Commission (SEC). The agency had used lawsuits to regulate the industry, and its on...

XRP ETF Approval Odds On Polymarket Surge To 70% After Ripple Token Soars 44% In A Week

The odds on the approval of an XRP ETF surged to 70% on Polymarket after the Ripple token surge 44% over the past week. XRP has been rising steadily since Donald Trump’s win in the US elections. The token is closing on its all-time high of $3.84, set seven years ago, and stands at $3.24 as of 11.21 a.m. EST. The token’s rise, supported by the growing enthusiasm for cryptocurrency under the incoming Trump administration, increased the odds of XRP ETF approval to 70%. Let’s find out if the Ripple price rally will continue and if its ETF finally receives approval.  Polymarket Odds for XRP ETF Approval Hit 70% – What’s Next? With a Polymarket indication of a 70% probability, XRP ETF odds for approval in the US could be expected to happen soon. As soon as the Bitcoin ETFs were launched, crypto investors and influencers started speculating on the possible approval of XRP ETFs. The optimism surged even more around the Ethereum ETF launch, fueled by its ...

Ripple: WisdomTree Officially Files S-1 For Its Spot XRP ETF

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Asset manager WisdomTree has officially submitted its S-1 filing for a spot XRP ETF (Exchange Traded Fund). The development marks a significant milestone for the cryptocurrency industry. Ripple’s XRP token has surged following the ETF filing. https://twitter.com/watcherguru/status/1863548788654084452?s=46 Also Read: Shiba Inu: SHIB On Track To Claim $0.00005, Here’s When? XRP Begins To Rally? The cryptocurrency market is facing a slight correction. Bitcoin (BTC) is facing significant resistance at the $96,000 level. Ripple’s XRP token, on the other hand, is defying the market trend. The asset is up by 20.3% in the daily charts, 54.9% in the weekly charts, 102.1% in the 14-day charts, and 351.6% over the previous month. The asset’s price has also risen by 276.3% since December 2023. Source: CoinGecko Also Read: Currency: What’s Happening With Indian Rupee And The US Dollar? XRP’s latest rally has led to the asset breaching the $2 mark for the first time since Janu...