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Amid new XRP ETFs being filed, Ripple’s native cryptocurrency is beginning a sluggish reversal past its recent week-long slump. The cryptocurrency is up 8% in the last 24 hours, after being down nearly 20% in the past week. Several analysts are predicting a massive XRP price surge soon, with one looking long-term at a 1,500% pump. According to popular crypto analyst Egrag Crypto, XRP price could see a trend reversal from the current sell-off with a target of $27 and above. Indeed, the market analyst suggests XRP price may see a “1,500% pump” into double digits within four weeks. Egrag Crypto cites the Bull Market Support Band (BMSB), a moving average support band that is used to tell whether the market is in a determining whether we’re in a bull run or a bear cycle. The current XRP price is above the BMSB, suggesting the market is still bullish. Egrag Crypto goes on to say that this mirrors a 2017 fractal when the XRP price touched the Purple Foundation and nearly hit the BMSB, le...

Despite the crash that hit the crypto market this week, a rebound is expected for a plethora of tokens. Among them is Ripple, which could surge based on a recent VanEck prediction that paves the way for XRP to reach $25. The asset has already shown signs of a bounce back. Throughout July, XRP was one of the biggest gainers in crypto. The asset had increased more than 35% and was firmly set above the $0.6 level. That changed this week. Yet, with the asset fighting to return to these levels, it could be the start of an extended run. That is especially true if one firm’s crypto forecast is accurate. Source – CryptoTicker Also Read: Ripple (XRP): AI Predicts Price For August 10 VanEck Bitcoin Forecast Could Mean New Highs for XRP Entering 2024, Ripple (XRP) showed immense potential. The asset was headed toward an end to its ongoing lawsuit with the US Securities and Exchange Commission (SEC). Although that had been coming to fruition, it derailed with the arrival of August. Howe...

With all eyes on a potential breakout for the cryptocurrency, Ripple (XRP) could be preparing for a $1 surge amid the ongoing ETF hype. Not only has Ethereum received Spot ETF approval this week, but there is talk about XRP being a potential candidate to get similar investment products. Ripple has failed to build any notable momentum for the last several months. Indeed, XRP has failed to break away from the $0.52 level it currently finds itself. Moreover, the asset has increased only 5% over the last month, according to CoinMarketCap. Also Read: ChatGPT 4o Predicts When Ripple (XRP) Could Hit $1? Could Ripple Target $1 as ETF Hype Grows? Throughout 2024, crypto-based ETFs have become a dominant point of discussion for the finance sector. The presence of Spot Bitcoin ETFs and Ethereum’s iteration receiving approval has drawn immense discourse. That hype has increased the overall exposure of the industry and led many to seek out what assets could be next. Bo...

Amid the ongoing legal battle between both Ripple (XRP) and the US Securities and Exchange Commission (SEC), both sides have reached an agreement in the lawsuit’s latest update. Specifically, both sides have submitted a joint sealing proposal with the US District Court of the Southern District of New York. This agreed proposal addresses sealing issues regarding the highly-anticipated remedies briefing set to take place this week. Indeed, the SEC is set to issue its initial remedies brief on Friday, March 22nd. Moreover, this proposal will allow both parties to embrace transparency while ensuring the confidentiality of sensitive content. Source – PYMNTS.com Also Read: Ripple (XRP) Trading Volume Up 130% Amid Market Downturn Ripple and SEC Submit Joint Proposal Ahead of Remedies Phase Over the past several years, the ongoing legal battle between the SEC and Ripple Labs has dominated the digital asset sec tor. The conflict first began with an initial lawsuit filed ...

Ripple XRP had a rough week last week, seeing its price drop below $0.50. In turn, XRP Whales saw the dip as a buying opportunity, swooping up plenty of the coin as it decreased in price. However, some analysts have been optimistic over the past week that XRP will rebound back over that six-month low. In particular, new predictions are coming in that a retest of the current resistance level of XRP will see it jump back over $0.60 to $0.68. According to a breakdown of XRP’s potential retest by market strategist Dark Defender, XRP has had 3 consecutive candles close above $0.5286 in a 4-hour Time Frame. In turn, XRP may be preparing for a rebound, and $0.6649 is the key figure to trigger a rebound surge. Dark Defender highlights a low price point of $0.486 and a high price of $0.6239 as important numbers for XRP shortly, and a break over $0.6239. Source: WatcherGuru In the past month, the performance of Ripple XRP has been lackluster, and holders are looking for any bright spots...