XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why
As XRP pushes back toward $3, a noted Bitcoin maximalist and longtime skeptic has posted a fresh price outlook. The estimate grabbed attention because it mixes chart work with a currency clarification that changed how some readers first reacted. Related Reading: Dogecoin Gears Up For Triple Surge Vs. Bitcoin – Details Pattern And Price Action According to the analyst, XRP formed a clear W pattern on the weekly chart after topping near $3.4 in January. The sequence he highlighted ran from a $3.4 high to a low of $2.11 in April, a bounce to $2.6 in May, then a slide toward around $2 in June....
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Standard Chartered’s digital assets research chief says Ethereum still has room to rise, even after recent swings in price. According to Geoffrey Kendrick, growing institutional demand and shrinking exchange liquidity are tightening supply and could push Ether higher toward his year-end target of $7,500. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why Institutional Demand Up Reports have disclosed that corporate digital asset treasury firms have bought about 2.5% of circulating ETH since June. Spot ETH exchange-traded funds added close to 5% over the....
Stellar (XLM) is fast approaching a major milestone as the network closes in on 10 million accounts, fueled by a surge of institutional adoption. Current figures show 9.69 million active wallets, with an impressive 5,000-6,000 new addresses joining daily. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why This growth reflects more than retail speculation as it signals meaningful enterprise adoption in payments, tokenized deposits, and cross-border transactions. Unlike different hyped assets, Stellar has quietly built its reputation as a trusted....
The XRP market has witnessed an unexpected shakeup over the past few days, with Open Interest (OI) plunging over 50% in just one weekend. According to data from Coinglass, XRP’s futures open interest dropped to approximately $4.22 billion as of October 14. This sharp decline signals a negative shift in market sentiment, raising the question about whether XRP’s recent price recovery can hold amid shrinking derivatives activity. XRP Open Interest On Exchanges Crashes 50% The data from Coinglass paints a clear picture of massive deleveraging across the XRP futures market. From September....
On a financial results report dated May 5th, e-commerce giant MercadoLibre dropped the bomb. The company is the latest institution to add Bitcoin to its balance sheet. It follows MicroStrategy, Square, and Tesla’s highly covered buys. Bitcoin’s institutional adoption is in its infancy, but advancing non-stop. In the financial highlights for 2021’s First Quarter, the […]
A crypto analyst is predicting a massive price breakout for the XRP price, the native token of the XRP Ledger (XRPL). Despite XRP’s sluggish price performance, the analyst believes that this cryptocurrency could soar as high as 42,263%, potentially hitting an ambitious price target of $280 this bullish cycle. Roadmap To XRP’s $280 Price Increase In an X (formerly Twitter) post on August 22, crypto analyst, Javon Marks expressed his optimistic projections for XRP, highlighting critical points where the cryptocurrency is most likely to experience a significant upward momentum. Sharing a....