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Crypto experts explain why XRP price could surge soon

XRP price has gone parabolic this year, and analysts expect that Ripple has more upside in the coming months ๐Ÿš€๐Ÿ˜˜๐Ÿ˜˜
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Btc to $100k soon
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๐Ÿšจ LATEST: President-elect Trump has named pro-crypto hedge fund executive Scott Bessent as the next US Treasury Secretary.

In an interview with Fox in July, he said, โ€œCrypto is about freedom and the crypto economy is here to stayโ€ฆโ€
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Crypto Update
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๐Ÿค” Ripple's XRP quest for $1.96 strengthened by WisdomTree XRP ETF registration in the US

๐Ÿ›„โ€ข Ripple's XRP surged over 7% after WisdomTree registered for XRP ETF in the US, per Eleanor Terret.

๐Ÿ“ˆโ€ข XRP could rally toward its April 2021 resistance of $1.96 following open interest growth.

๐Ÿšง Ripple's XRP surged over 7% on Monday and aims to stage a rally toward its April 2021 high after WisdomTree registered for an XRP ETF in the US state of Delaware on Monday.

WisdomTree registers XRP ETF as issuers expect lenient regulation with Gensler gone
Global asset manager WisdomTree, with over $113 billion assets under management (AUM),  registered for an XRP ETF in the US state of Delaware on Monday, according to Fox Business Eleanor Terret. With the registration confirmed, the company could file an S-1 with the Securities & Exchange Commission (SEC) soon.
The company recently launched its WisdomTree Physical XRP ETP (XRPW) in Europe, offering investors direct spot price exposure.
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JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ MetaMask users in the US can now buy crypto using Venmo.

@cryptoopdate ๐Ÿš€
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Bitcoin ETFs surge, XRP shows strength as Yeti Ouro emerges as the next viral altcoin

Spot Bitcoin ETFs hit $3.1b in record inflows, XRP surges 32%, and Yeti Ouro emerges as the next big player in P2E gaming.

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Eth Hits ATH $3600 ๐Ÿš€๐Ÿš€๐Ÿ˜Ž
#Eth Breaks 1st Resistance & Seems Like Now Eth Will Easily Break Long Symmetrical Triangle After Successful Breakout Expecting Move Towards 10000$ In Coming Months ๐Ÿค”
JUST IN: $XRP officially surpasses a $100 billion market cap.

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Crypto Update
JUST IN: $XRP officially surpasses a $100 billion market cap. @cryptoopdate
โ˜„๏ธ Ripple's XRP crosses $100 billion market cap following high expectations for its stablecoin and ETF approvals


๐Ÿšง Rippleโ€™s XRP rose to $1.7 after rumors of RLUSD approval by New York regulators made the headlines.
๐Ÿ›„ Bitwise's Andrรฉ Dragosch stated that an XRP approval is even more likely in 2025 as retail investors show higher demands.
XRP could extend its rally by 30% if it surges above the $1.96 level.

๐Ÿ“ฏ Ripple's XRP rallied near the $2 mark on Friday after rumors of New York regulators approving the company's RLUSD stablecoin surfaced. The growing demand for an XRP exchange-traded fund (ETF) could also accelerate its launch in 2025.

๐Ÿ‘€ Ripple's XRP sees high bullish momentum ahead of potential stablecoin approval and ETF launch
XRP is seeing increased positive sentiment after posting double-digit gains on Friday following recent updates concerning its stablecoin release and ETF approval.
The remittance-based token surged over 17%, flipping BNB as the fifth largest cryptocurrency and reaching the $100 billion milestone.
The rise can be traced to rumors stating that the New York Department of Financial Services (NYDFS) may be considering approving Ripple's new stablecoin, RLUSD, with a potential launch in December, according to Fox Business.

๐Ÿ“ฎ By introducing a regulated stablecoin, Ripple aims to provide a reliable alternative to XRP for customers seeking to use digital currencies without the risks associated with volatility and regulatory ambiguity. 
This would position Ripple as a competitor to popular issuers like Tether and Circle in New York's regulated digital finance market.
Meanwhile, Bitwise analysts suggested in a Friday report that an XRP ETF is more likely to receive the green light from the Securities & Exchange Commission (SEC) in 2025.
๐Ÿง‘โ€โš–๏ธ According to the report, XRP is among the top most searched tokens by retail investors, ranking 4th in allocation. This suggests that investors are actively seeking means to gain XRP exposure.
The report also highlighted that a wide array of XRP use cases solidifies its value as an asset, especially in powering cross-border payments in the traditional financial system.
๐Ÿชฉ XRP on the way to complete rounded bottom pattern
XRP rallied over 17%, sparking $24.75 million in liquidations in the past 24 hours, per Coinglass data. Liquidated long and short positions accounted for $7.58 million and $17.17 million respectively.
XRP is approaching the $1.96 high of 2021 as it looks to complete a rounded bottom pattern. If XRP fails to see a rejection near the $1.96 resistance, it could extend its rally by over 30% to $2.58.

๐Ÿ“Š XRP/USDT weekly chart
The Relative Strength Index (RSI) is deep in the oversold region, indicating prices are getting overheated and may see a correction.

@cryptoopdate
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XRP flipped USDT and Solana after price surged by 27%

Letโ€™s keep printing ๐Ÿฅฐ๐Ÿ†

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From the beginning of this page to this moment, our unwavering belief in #XRP has been the driving force behind everything we do.

Your support has fueled our journey, why not take a moment to share, amplify, and Boost the page to encourage us do more.

Today, XRP stands tall at $2.44 proof that belief and persistence pay off! โ˜„๏ธโœ…

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๐Ÿšจ๐Ÿšง NOW: XRP has surged over 50% in the past 24 hours, pushing its market cap beyond $160 billion.
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๐Ÿพ๐Ÿ†XRP records highest ever โ€˜whaleโ€™ activity as 7-day price gains near 100%



๐ŸšจXRP has experienced a significant price increase, up by 430% in the last 30 days, reaching levels last seen in 2018.
There's been an unprecedented movement of XRP by large holders (whales), with CryptoQuant data indicating high whale activity over the past month.
๐Ÿค”However, this whale activity may signal potential market tops.
XRP prices have zoomed 430% in the past 30 days, reaching price levels last seen in 2018 and leaving scores of Crypto Twitter traders surprised with the strength. The rise started in early November after the Republican victory in the U.S. election reignited investor confidence in tokens linked to U.S. companies, including XRP's associated Ripple Labs.
Large holders are playing a key role in contributing to the move. CryptoQuant data shows whale activity โ€“ which tracks movements from large wallets to and from exchanges โ€“ has been consistently elevated since the past month, multiples higher than any other period.


โš ๏ธ๐Ÿ”ฅXRP's whale activity (CryptoQuant)
Whales can move markets with their buying or selling pressure, and tracking this can indicate their market sentiment.
For instance, if the cryptocurrency's inflow into exchanges (Exchange Inflows) is significant, it might suggest that whales are preparing to sell, potentially signaling a bearish market trend. Conversely, large outflows from exchanges might indicate accumulation by whales, which could be bullish.
However, such whale movements tend to coincide with local peaks, CryptoQuant's contributing analyst Woominkyu said in a post Monday, as sophisticated participants sell on retail inflows.
โ€œHistorically, significant spikes in whale-to-exchange transactions (marked by red circles) align closely with XRP price peaks,โ€ Woominkyu stated. โ€œThis suggests that whales tend to move large amounts of XRP to exchanges to sell near local or cycle tops.โ€
โ€œThe latest spike in whale-to-exchange activity coincides with XRP reaching a local price of around $2.3. This could indicate whales preparing for potential profit-taking or increased market activity,โ€ Woominkyu added.
XRP is up 14% in the past 24 hours, outperforming bitcoin and all other crypto majors, according to CoinDesk data. The token flipped Solanaโ€™s SOL and tether (USDT) in quick succession over the weekend โ€” standing as the third-largest token by market cap as on Tuesday.


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