Currencies34286
Market Cap$ 3.83T-0.62%
24h Spot Volume$ 55.88B-39.6%
DominanceBTC58.59%+0.42%ETH10.74%-0.83%
ETH Gas0.30 Gwei
Cryptorank

XRP to Flip ETH? ETF News Sparks 2017 Flashbacks


by Olivia Stephanie
for CryptoPotato
XRP to Flip ETH? ETF News Sparks 2017 Flashbacks

TL;DR

  • XRP/BTC breaks 7-year range, signaling potential shift toward historical runs last observed in 2017.
  • Ripple is close to settling with the SEC; ETF talks intensify as the market closely watches August developments.
  • Whale wallets buy 60M XRP in 24 hours, adding $180M in buying pressure across exchanges.
  • XRP trades at $3.10, which is close to its recent ATH; an analyst suggests a true breakout above $26.

XRP/BTC Breakout Ends 7 Years of Consolidation

XRP has broken out of a price range it held against Bitcoin for nearly seven years. According to crypto analyst Cas Abbé, XRP/BTC had been consolidating since 2018, with price movement largely sideways during that period. The pair has now moved above a long-term resistance level around 0.000035 BTC, a level that held for most of the consolidation phase.

Read the article at CryptoPotato

Read More

Ripple (XRP) Price Predictions for This Week

Ripple (XRP) Price Predictions for This Week

XRP’s correction continues after being rejected at $3.6, but the asset managed to rem...
Ripple (XRP) Price Holds Strong Relative to Broader Altcoin Meltdown

Ripple (XRP) Price Holds Strong Relative to Broader Altcoin Meltdown

XRP is down 1.2% on the day, which, compared to the rest of the market, is relatively...

XRP to Flip ETH? ETF News Sparks 2017 Flashbacks


by Olivia Stephanie
for CryptoPotato
XRP to Flip ETH? ETF News Sparks 2017 Flashbacks

TL;DR

  • XRP/BTC breaks 7-year range, signaling potential shift toward historical runs last observed in 2017.
  • Ripple is close to settling with the SEC; ETF talks intensify as the market closely watches August developments.
  • Whale wallets buy 60M XRP in 24 hours, adding $180M in buying pressure across exchanges.
  • XRP trades at $3.10, which is close to its recent ATH; an analyst suggests a true breakout above $26.

XRP/BTC Breakout Ends 7 Years of Consolidation

XRP has broken out of a price range it held against Bitcoin for nearly seven years. According to crypto analyst Cas Abbé, XRP/BTC had been consolidating since 2018, with price movement largely sideways during that period. The pair has now moved above a long-term resistance level around 0.000035 BTC, a level that held for most of the consolidation phase.

Read the article at CryptoPotato

Read More

Ripple (XRP) Price Predictions for This Week

Ripple (XRP) Price Predictions for This Week

XRP’s correction continues after being rejected at $3.6, but the asset managed to rem...
Ripple (XRP) Price Holds Strong Relative to Broader Altcoin Meltdown

Ripple (XRP) Price Holds Strong Relative to Broader Altcoin Meltdown

XRP is down 1.2% on the day, which, compared to the rest of the market, is relatively...