XRP surged nearly 50% last week, reaching $1.69 after a White House meeting supporting the CLARITY Act, which aims to clarify crypto regulation. The price has since corrected to around $1.44, with analysts eyeing a support zone between $1.10 and $1.38 before potential further gains. Major holders withdrew 231 million XRP from Binance, signaling possible long-term holding. A significant event is the scheduled release of 1 billion XRP tokens from escrow on September 1, with a Senate vote on the CLARITY Act set for September 15 that could impact token circulation and market dynamics.
John Lilic, founder of Tria, suggests Ripple's XRP could rival Ethereum by tapping into a massive payments market. By partnering with Visa or Mastercard to offer credit cards backed by Ripple's RLUSD stablecoin and integrating neobanking services, Ri...
Crypto analyst JD identified XRP as forming a multi-year ascending triangle pattern on its two-week chart, with rising lows since 2020 and resistance between $3 and $3.50. This technical pattern suggests a potential breakout above the resistance leve...
Analyst Kayne outlines a potential Elliott Wave path for XRP starting from the $1.20-$1.25 range. The scenario involves XRP holding this base level, then moving through several stages: rising to $1.50-$1.52, pulling back to around $1.40, advancing to...
The US midterm elections on November 3 will determine control of the House and Senate, influencing the fate of key crypto legislation like the CLARITY Act. Markets largely expect Democrats to retain the House and possibly the Senate, pricing in limit...
Crypto analyst EGRAG CRYPTO shared an XRP price chart highlighting a possible major upward movement described as the "BIGGEST WAVE 3" based on Elliott Wave theory, which organizes price trends into five-wave patterns. An earlier scenario suggested XR...
