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Showing posts with the label xrp price

XRP whales accumulate $30 million in 24 hours; Is $3 next?

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Whales appear to be taking advantage of XRP’s recent downward momentum, scooping up the asset as it struggles to reclaim the $3 resistance. According to Santiment data shared on October 21, investors acquired over 30 million XRP tokens, worth roughly $74 million, in the past 24 hours.  XRP whale transaction chart. Source: Santiment Wallets holding between 100,000 and 10 million XRP saw increased accumulation even as prices remained subdued, suggesting potential front-running of a larger move. Historically, such whale activity has often preceded XRP rallies, fueling speculation that $3 could be the next target. XRP treasury fuels whales activity  The move coincides with Ripple, XRP’s parent company, working to establish a treasury for the asset. Evernorth Holdings, a Ripple-backed firm, plans to merge with SPAC Armada Acquisition Corp. II to raise over $1 billion, primarily to purchase XRP on the open market and build an institutional-scale treasury. ...

Ripple's Phoenix Breakout: Waves of Momentum Point to $4.39 XRP Price

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Ripple (XRP) is one of the leading crypto players in the market. The token has been documenting several ups and downs this year, but its core proposition of establishing itself as a leading financial asset remains intact. Ripple continues to collaborate with leading global financial entities and corporations to carve its own niche in the cross-border payment domain, which again, is playing a crucial role in setting its momentum straight for future price flight. Here’s what the analysts have to say about XRP’s recent price formations. Also Read: XRP: October 2025 Could Be the Biggest Month in History, Pundit Says XRP Price Formation: The Phoenix Angle Source: InsideBitcoins According to a leading cryptocurrency analyst, Dark Defender, XRP has successfully broken 2 cup formations since 2013. In 2017, the token ended up breaking the four-year consolidation cycle. In 2025, the same pattern is repeating with XRP inching towards closing its 8-year-long consolidation. Per the exper...

The most important XRP price driver right now

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Though hardly spared by the most recent cryptocurrency market downturn, XRP has remained stronger than most other prominent cryptocurrencies. While both Bitcoin (BTC) and Ethereum (ETH) have collapsed to lows not seen since Donald Trump’s re-election, XRP remains 325% above its November 1 prices despite falling to $2.16. XRP one-week price chart. Source: Finbold Such relative calm can, most likely, be attributed to an external factor that has been bearing heavily on the token’s performance across multiple years: the legal battle between the SEC and Ripple Labs. Picks for you Is BlackRock dumping Bitcoin? 38 mins ago Pam Bondi’s net worth revealed: How rich is the 87th US Attorney General? 43 mins ago ...

XRP Price Soars 18% As Ripple Hails ”Victory” Over SEC Despite $125 Million Penalty, And Experts Say This Base Meme Coin Might Be The Best Crypto To Buy Now

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The XRP price soared 18% in the last 24 hours to trade at $0.6104 as of 00:41 a.m. EST on trading volume that skyrocketed 199% to $4.9 billion. This comes as a federal judge ordered Ripple to pay $125 million in civil penalties for improperly selling XRP. Its executives see the end of the three-year securities lawsuit against Ripple Labs as a “victory” after the Securities and Exchange Commission had called for a penalty in the region of $2 billion. The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company. This is a victory for Ripple, the industry and the rule of law. The SEC’s… — Brad Garlinghouse (@bgarlinghouse) August 7, 2024 The ruling now puts Ripple’s case with the SEC in its final stages since the lawsuit was initially filed in December 2020. Can this outcome propel the price of XRP towards ...