Ripple’s XRP has struggled to regain momentum after nearly reaching an all-time high (ATH) in January. With the price dropping by 35% since then, analysts are now turning to market sentiment and macro events that could reignite a bullish push. Shifting Market Sentiment and Political Tailwinds The early 2025 market dip, which rattled the broader […]
XRP/USD Long-term Trend: Bearish The price of XRP has been at a standstill above $2.00 since April 12. The upward trend has stopped close to the 50-day SMA. Buyers have not been able to hold the price above the 50-day SMA level, which bears are currently defending. However, if the price of XRP bounces back […]
Crypto markets experienced a mix of stability and caution this past week, as Bitcoin (BTC) maintained its range, Ethereum (ETH) posted slight losses, and Ripple’s XRP continued to trade sideways. Investors remained alert as a series of high-profile developments influenced sentiment across the board. Bitcoin Headlines: Accumulation Amid Geopolitical Jitters MicroStrategy expanded its Bitcoin holdings […]
XRP/USD Long-term Trend: Bearish The price of XRP is still above the $2.00 key support even though it is dropping. The cryptocurrency asset has fluctuated below the 50-day SMA resistance and above the 21-day SMA support. In other words, XRP has been stuck between the $2.00 support and the $2.25 peak. Although XRP has fallen […]
XRP/USD Long-term Trend: Bearish The price of XRP is below the 21-day SMA support as it resumes its bearish ascent. The bearish momentum may continue on the downside as it breaks below the critical support level of $2.00. The bulls purchased the dips on the downside as they attempted to reclaim the $2.00 high. Positively, […]
XRP/USD Long-term Trend: Ranging The price of XRP breaches the crucial support level and declines below the $2.00 low. The cryptocurrency asset has been moving sideways between the $2.00 mark and the $3.00 resistance. The current price range has been breached as bears attempt to drive the digital asset lower. The price indication on the […]
Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) appears to be reaching its final stage. According to recent reports, negotiations between the two parties are progressing, suggesting that a resolution could be imminent. Fox Business journalist Eleanor Terrett shared on X (formerly Twitter) that two reliable sources have indicated the case […]
XRP/USD Long-term Trend: Bearish The price of XRP (XRP) corrects upward but hits the $2.40 mark. On March 11, the negative trend broke below the $2.00 level and then retreated. The upward correction has been stopped by the 21-day SMA barrier. Positively, if buyers are unable to keep the price above the moving average lines, […]
Ripple Inches Closer to a Settlement With the SEC Ripple is at the center of intense speculation regarding a potential settlement with the U.S. SEC, with legal experts suggesting a resolution could arrive soon. Ripple’s long-standing legal battle over XRP may finally see closure, as attorney Fred Rispoli believes both parties have a clear path […]
