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XRP’s Next Move: Will $1.90 Hold or Short Positions Be Liquidated?

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  • Ripple’s XRP price movements are crucial, with a potential $2.62 rebound possibly triggering a $20.5M short position liquidation.
  • Analysts view XRP’s current fluctuations as “noise,” with a potential double-bottom formation at the $1.90 level signaling a bullish reversal.
  • XRP’s trading range mirrors past cycles, moving between $2.00–$2.26, showing no major deviations despite market shifts.

Ripple (XRP) is in a crucial position in the cryptocurrency market, and experts are following its price and possible large fluctuations. Crypto analyst Ali Martinez pointed out in an X post that a potential bounce back to $2.62 could force the liquidation of short positions worth $20.5 million

Egrag Crypto offered more analysis of the price of token. From technical perspective, the current oscillations in XRP value are described as “noise” He also noted that the price of token is now trading back towards the December 10th low of $1.90, which is a level that could lead to a double bottom. This pattern is a classic example of a bullish pattern which indicates that the price may be about to reverse its trend.

XRP’s Historical Price Range

The analysis also focused on the macro-range behavior of coin and compared it to the current activity. In the previous cycles, XRP had its trading range from $0.50 to $1.00. At the time of writing, Ripple token is moving between $2.00 and $2.26, which has similar action at higher price zones. This shows that there are no significant deviation from the historical behavior of coin despite the changes in market trends.

The collapse below the $1.90 support level was however downplayed by analysts arguing that a breach of the level in the lower time frames will not warrant much concern. These are but normal fluctuations in the market economy, which portray the short term trends rather than the long term trends.

XRP Price Surge Potential

This has been strengthened by the potential liquidation of $20.5 million in short positions, which makes the near future of coin more exciting. In case the price rises and up to $2.62, more traders can be attracted, and the market will gain more confidence. But when the price stays below the critical support level, the investors may start getting a bit pessimistic.

This comes at a time when the currency is asserting its dominance over the rest of the cryptocurrencies’ market. Since traders and analysts pay close attention to the asset at this point, how it will perform in this stage may hold significant consequences. 

Regardless of whether it cement its position above important levels or meets more difficulties, Ripple token still captures the attention of the market participants. Given the roles and trends in the current token, the next steps in the XRP journey will define its story in the coming weeks.

XRP Dominance Set For Massive Surge: Key Levels To Watch For Breakout

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  • Egrag Crypto predicts XRP dominance could soar, with a close above 2.51% opening doors for bigger gains.
  • A breakout above 3% in XRP dominance could trigger a “void effect,” paving the way for a sharp market spike.
  • Overcoming the “Sky Dome” resistance could propel XRP dominance to double digits, with a target for second place.

Egrag Crypto shared a detailed analysis of XRP dominance and why the token could see a massive breakout in its market share. With XRP dominance approaching a critical level, the analyst pointed out the importance of the 0.5 Fibonacci retracement level that will define whether the present trend has sufficient strength to continue the upward movement.

Egrag Crypto noted that XRP dominance has to close above the 0.5 Fibonacci level which currently stands at 2.51% on the monthly timeframe and is currently at 2.57%. This slight difference could open the path to further gains as we are just a few days away from the monthly closing. 

The analyst pointed out, as there were only 48 hours left for the critical close. A close above this level monthly and a break out and sustain above it into December may expose the 0.702 Fibonacci level meaning that more gains in the dominance of XRP is expected.

XRP Dominance Void Effect

In his chart analysis, Egrag Crypto pointed out an open “void” in the XRP dominance chart which might result in a spike upwards if the token’s market cap penetration rises above 3%. According to the analyst, however, the way opens up for XRP dominance to pose a threat above this level as resistance becomes much lighter. This “void effect” as well as the FOMO can lead to a sharp increase in dominance especially around the 4% mark last seen in July 2023.

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Source: Chart by EgragCrypto

As XRP dominance approaches these key levels, several Fibonacci targets come into focus: It was 0.702 at the 11 percent, the 0.786 at 15 percent and the 0.888 at 21% level. The ideal bullish picture will be a break above 5.75%, which, as mentioned, is the “KABOOM Zone” and could potentially push XRP dominance to the unknown region.

XRP’s Sky Dome Breakthrough

A major barrier to break above is the descending trendline referred to as the ‘Sky Dome’ connecting highs from May 2017 and July 2023. According to Egrag Crypto, if XRP can overcome this impregnable wall, the token may enter what he calls the “SPACE EXPANSION,” which he sees as a precursor to a massive increase in the percentage of XRP in the market. 

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Source: Chart by EgragCrypto

The analyst has set a target of XRP achieving double-digit dominance within the cryptocurrency market and the expert is confident that the token will likely continue its upward trend and may even vie for the number one spot. The XRP community keeps on being active as Egrag Crypto calls for calm. However, a surge in the coming weeks can place XRP to second place on the dominance chart.

XRP Targets Breakout As Resistance Levels Define Next Key Price Moves: Report

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  • XRP trades within the crucial Fib 0.702 zone ($1.11–$1.22), a confluence halting its current rally.
  • A breakout to $1.60–$2.30 could face selling pressure from past cycle holders, but $2+ closes may spark exponential growth.
  • Super Guppy’s green flip hints at a potential peak by March 2025, following historical price trends.

XRP is at a critical point as of now and is trading in the Fibonacci 0.702 zone between $1.11 and $1.22. This zone of resistance has been constructed from the corrective retracements from the January 2018 and April 2021 levels, and has produced a clear confluence that has halted the upward progress of the cryptocurrency. In the previous X post, Egrag Crypto highlighted this level as the key area that could define the further direction of XRP.

Egrag anticipates a critical breakout within the $1.60–$2.30 price range. This zone may face selling pressure from the holders who got burned during the previous cycle and are likely to do so again, term it as PSTD scars. However, the outlook shows that it is not only about retesting the previous high but underlines the need for a weekly or monthly close above $2. Analyst describes it as a ‘multiplier’, which may lead to the acceleration of growth.  

Next XRP Cycle Peak

More positive signs are being seen from the Super Guppy indicator which has changed to green on the two week chart. Such change has previously been observed prior to a considerable price increase of token. 

In the 2018 cycle, XRP hit its ATH 266 days after the Super Guppy flipped green. In the 2021 cycle, it only took 84 days to see the top of a cycle. These movements seem to have an average time of about 175 days, and looking at the trend, the next peak for Ripple coin might likely happen by March 2025.  

XRP’s Future Movements

To sustain such a move, the market mechanisms and the faith of the long-term investors will be of essence to XRP. Should the price break and hold above $2, it could signal a possible shift higher, and open the door for further gains.  At the time of writing, toekn is trading at $1.18 per coin, a 8.01% rise in the last 24 hours and a 121.84% rise in the last 30 days.

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Source: TradingView

Therefore, XRP’s future movements are expected to critically define its position in the crypto market via technical analysis and historical trend analysis. While at these critical junctures, all attention is still focused on XRP to breakthrough through the resistance level and take advantage of the gains made in the previous cycles.

XRP Soars To 3-Year High As Whale Activity Fuels Price Surge and Dominance

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  • XRP hits a 3-year high of $1.2679 on Binance, fueled by whale wallets acquiring 453.3M tokens in just one week.
  • Retail traders sell off 75.7M XRP, creating an opportunity for large investors to buy at discounted prices.
  • XRP dominance could rise from 10% to 20%, with price predictions reaching up to $17.54 per token by cycle’s end.

XRP has soared to an unprecedented high within the last three years as the digital currency keeps on rising. The digital asset trading on Binance hit $1.2679, the highest it has been since November 11, 2021. This price surge has been driven mainly by the activities of large investors, the so-called whale and shark wallets, who hold between one million and one hundred million XRP tokens. In the past week, these major holders have bought 453.3 million tokens worth about $526.3 million.

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Source: Chart by Santiment

Whale Activity Drives XRP Surge

This is in stark comparison to the retail trader who has been on the investing scene for the past couple of months. Small wallets with less than one million XRP have been quick to dump tokens whenever the market starts to rally, leading to 75.7 million XRP being sold in the last week alone, worth around $87.9 million. As for now, the retail traders are selling their tokens, which creates a perfect opportunity for big investors to purchase more tokens at lower prices.

In the past, when some of the major market participants are buying up their tokens during retail FUD, the market has had massive positive price action. This is the current state of token which is currently the sixth largest cryptocurrency in the market.

This is coupled with an increased market dominance of coin prices, which has also been on the rise. According to the analyst at Egrag Crypto, this could rise from 10% to 20%.To this end, the analyst used Fibonacci analysis on two market cycles, one in 2017 and another in 2021.

Fibonacci levels of analysis suggest that a critical convergence zone is at 5.9 to 6% dominance. A close above this range could indicate further upward movement of XRP, meaning that it could head towards other Fibonacci levels such as 0.702 or 0.786. A clean breakout through the 2021 dominance high at Fib 1.0 could see XRP reach new dominance highs of up to 16.69% Fib 1.618 or even 20%.

XRP Dominance and Growth

If XRP retains or even grows its market dominance based on these predictions, the price of Ripple token may also rise greatly. Brad Garlinghouse has dropped the hint that the total market capitalization of cryptocurrencies may well reach $5 trillion by the end of this cycle. If token could take 10% of this total market cap, the price could go up to $8.77. According to analysis, XRP could hit $17.54, given it is dominant by 20%. As of writing, Ripple coin is trading at  $1.08, showing an increase of 3.39% over the past day.

Source: TradingView

XRP is on the verge of a major breakout and its price and market share have been indicating an upward trend. In the meantime, as more and more whale investors are buying more coin while retail traders are selling less of it, the market dynamics of Ripple are likely to change dramatically. The next few weeks could be decisive in defining if coin will be able to break through important dominance levels and thus reach new heights. 

Ripple Drives Digital Asset Growth Amid Rising Crypto Demand In the Americas

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  • Ripple drives digital asset growth in the Americas as institutions embrace crypto in response to market changes.
  • North America’s crypto market reaches $1.2T in transactions, fueled by major institutional investors seeking alternatives.
  • LATAM’s currency struggles push crypto adoption, with Ripple expanding as digital assets gain popularity in the region.

Ripple is at the forefront of the growth of the digital asset industry in the Americas region. In a recent X post, Ripple also pointed out that as the need for digital assets rises, more and more institutions are seeking to adapt to the changing environment of the crypto market.

According to a recent report, North America has become one of the most active regions for cryptocurrencies since investors look for options other than conventional investments. According to Chainalysis, the region recorded $1.2 trillion in cryptocurrency transactions in the year to June 2022, making North America the biggest market for cryptocurrency.

North America remains the most active region in the crypto market with institutional investors where transactions of over $1 million contributed to 76.9% of total trade. This change shows how major market participants are starting to engage with digital assets in more meaningful fashion.

Ripple Expands in LATAM

The company is expanding in Latin America (LATAM) as digital assets are the solution to weak fiat currencies. These four countries, Argentina, Brazil, Mexico, and Venezuela have been the biggest markets, where inflation and currency risks push both, the local and institutional buyers towards cryptocurrencies.

According to data, Latin America accounts for 7.3% of the global cryptocurrency market and is the seventh largest hub globally for crypto trading and use. Colombia, Chile, and Peru are integrating their stock exchanges to encourage more foreign investments, but low liquidity forces many LATAM investors to look at digital assets.

While the use of cryptocurrencies is on the rise, regulation in the Americas has to play catch up with other regions. The US SEC has approved Bitcoin ETFs and Etheruem ETFs while Ripple XRP was classified as non-security with little clarity on the regulation.

SAB 121 has caused problems as the SEC directed financial institutions to include customers’ crypto assets as liabilities. This rule could raise the amount of capital banks need to hold, making crypto custody less feasible, even though Congress is considering revisions to SAB 121.

Growing Demand for Custody

More institutions are looking for digital asset custody services, and Ripple wants more banks to join the bandwagon. At the moment, family offices are the key drivers of the crypto market, but pension funds are likely to join soon. For the future rises in demand, the network work managers are to improve the precautionary measures such as cybersecurity and the amount of assets needed. As big firms come into the market, then the custodians will require the hot and cold options.

Technology partners are important to bridge the gap between traditional finance and the digital asset economy, providing safe haven and infrastructure solutions. This has made the growth of Ripple and has forced more banks to engage technology firms so that they can be able to offer and deal with the digital currencies safely.

These partnerships enable the banks to tap into the digital economy, create new sources of income and reposition them effectively. Ripple’s growth across the Americas marks a new era for the region as more and more consumers turn to digital finance.

XRP Struggles to Break $0.5500 Barrier Amid Broader Market Uncertainty

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  • XRP hovers near $0.5500 resistance, with traders awaiting a breakout or further consolidation in the short term.
  • Institutional adoption is seen as the key driver for XRP’s future, as global liquidity concerns mount.
  • A decisive move above $0.5500 could push XRP toward higher targets, but market remains cautious on institutional action.

XRP is still trading near the decisive $0.5500 level, which makes the further direction of the coin unclear among the traders.On Sunday, in an X post, Crypto WZRD disclosed that XRP was trading at around $0.5440 at the end of the day, still unable to break through to the next level. 

Further upside could take the price through $0.5500 to achieve higher price targets of $0.6500 and $0.7300. But if the bears refuse to retreat from this point, this may result in further strengthening.  Conversely, a slight breakdown in the short term as the traders begin to doubt the further development of the asset.

Institutional Investors Key For XRP

In a recent X post, Black Swan Capitalist discussed that token’s future is tied to institutional investors. As more people around the world are concerned with the growing economic problems such as high level of debt and possible liquidity issues in the financial system, some believe that Ripple may be an ideal solution to these problems as a liquidity asset. This can greatly boost the market for digital assets and can become even more popular if institutions use it for global payments and as a means of managing their assets.

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Source: Image by Black Swan Capitalist

The future of XRP depends less on the retail transaction volume and more on its place in the institutional structure. In light of these increasing pressures from financial instability, financial institutions could use digital currencies such as XRP for liquidity issues. If this happens it may fuel a sharp increase in the demand and the price.

XRP Eye $0.5500 Breakout

In the short term, XRP traders are keen on any breakdown above $0.5500 which may indicate the start of further price appreciation. However, the market is still quite cautious given that institutional interest may be the key that makes Ripple truly great. At the time of writing, Ripple coin is changing its price at $0.5403 and has experienced a 1.29% fall from the past twenty four hours.

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Source: TradingView

Until institutional investors get involved, coin seems to be in a state of limbo. Many individuals are still waiting for the charts to indicate a break through the levels. However, the long term potential of the cryptocurrency seems to be precisely connected with how institutions adapt to the increasing demand for the liquidity solutions. With institutional demand pressure, XRP could be eyed to have a massive surge.

Ripple’s Legal Battle: SEC Appeal and Cross-Appeal Possibilities

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  • SEC appeals Ripple case ruling, challenging the decision that XRP is not a security in secondary market sales.
  • Attorneys discuss potential cross-appeal, questioning whether institutional XRP sales are true investment contracts.
  • Ripple’s ongoing legal fight could reshape crypto regulations and influence token classification in the U.S.

Lawyers Kristi Warner and James Murphy discussed the current developments of the Ripple case, specifically on the SEC’s recent motion. They also considered whether they might be able to file a cross-appeal and what the ramifications of doing so might be for this case and the crypto market.

The Ripple case has dominated much of the news in the cryptocurrency space. Before that, Judge Torres stated that XRP, which is XRP is not a security. This was a big win for Ripple as it meant only the institutional offerings of XRP are securities that were sold without registration while retail offerings were not. Crucially, there was no fraud or loss and the action against platform was a civil penalty only.

Ripple SEC Appeal Expected

James Murphy said that the SEC’s appeal was expected because the agency had once tried to make an interlocutory appeal in the middle of the case, which means that they did not like the ruling. The SEC was not pleased with the court’s ruling, particularly the part that said XRP is not a security; it officially appealed last week, and now everyone is waiting for what will happen next.

Murphy described the process of the SEC appeal, saying that after filing the notice, there are 14 days in which they have to file a detailed form of the matters in dispute. He said the SEC would challenge the ruling that XRP sales on secondary markets were not investment contracts and the court did not require the defendants to give up any gains because nobody had been harmed financially.

Ripple Leaders Respond to SEC Appeal

The Ripple case has garnered much attention and most of the experts have been eager to monitor the hearing of the appeal. Brad Garlinghouse and the Chief Legal Officer, Alderoty have come out to address the actions taken by the SEC. 

They pointed out that Ripple might file a cross-appeal, and perhaps question the decision regarding the institutional sales of XRP as securities. Murphy also backs the concept of a cross-appeal stating that the contracts with the institutional investors were not really investment contracts, but rather contracts for the sale of goods similar to commodities.

As the cryptocurrency industry closely monitors the ongoing legal proceedings of Ripple, the future of crypto regulation in the United States and on how tokens are classified, and how agencies are to enforce securities laws in the expanding digital asset market will be determined by the Ripple case.

Ripple Launches Fast Cross-Border Payments Solution for Crypto Businesses

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Ripple is transforming the payment process for cryptocurrency companies and providing them with quicker and easier methods of transferring money across borders. While blockchain technology advances, traditional financial systems cannot match the speed and this creates challenges for firms that engage in digital assets. Ripple’s new payment solution solves these challenges through the use of its token and the XRP Ledger to enable real-time global payments that are efficient and enhance business fluidity.

According to a recent report, majority of these businesses such as exchanges and OTC desks have a problem with payment systems that are archaic and cannot cope with the digital economy. These legacy systems, that are characterized by long settlement times, few off-ramp options and high cost present numerous operational problems. As highlighted in a platform report, such inefficiencies are increasingly being felt as more businesses seek efficient and comprehensive means of processing cross-border payments.

Ripple Connects Crypto and Banking

The current banking systems are slow and fixed when it comes to dealing with cross border transfer of assets hence they cannot compete with the blockchain. In addition, this is made even worse by the fact that payouts are also limited to certain currencies and not many of them at that. Ripple’s solution solves these problems as it allows near-instant settlements and presents a clear path that connects the crypto infrastructure with traditional financial systems.

Ripple Payments uses XRP and the XRP Ledger to allow crypto businesses to make and receive payments across the world with transactions being completed in seconds. This system also has the advantage of being on round the clock service, payments could be done even in the weekends and on holidays. Through the elimination of the middleman, the platform Payments minimizes the cost and time incurred in international payments, giving businesses a more convenient and cheap means of transferring money.

Ripple Secures Low-Cost Payments

The platform also gives a better price by confirming the quotes before making payments, which increases the cost-saving factor. Ripple has a global payout network for stablecoin and digital assets, which helps businesses to meet the needs of their customers and make transactions without high fees and long waiting times.

Cryptocurrency businesses can enhance their services and reduce complexity when using Ripple’s payment network with a single API or interface. The faster and cheaper transaction of Payments provides better customer experience and helps the businesses to stand out in the digital asset market.

Ripple’s innovative solution is ready to revolutionize the way crypto companies process cross-border payments. This will enable them to adapt to the changing market conditions while minimizing their risk of losses from currency and regulatory fluctuations.