CandleFocus ? XRP Price Hits $1 Historic Milestone
2024-11-16
Author: Content Editor
The price of XRP, a cryptocurrency, recently reached a major milestone of $1. The market cap has also surged, reaching $57.98 billion. Open interest in XRP derivatives has increased, indicating increased speculative interest and potentially institutional involvement. Crypto analyst Ali Martinez observed significant XRP whale activity, with over 320 million XRP being bought in the last 72 hours. This price surge follows a breakout from a symmetrical triangle pattern, similar to XRP's performance in 2017 when its all-time high reached $3.3. Experts predict that XRP could reach $1.96 by the end of the month and $4.80 by late 2024 if the bullish trend continues. The listing of XRP on Robinhood and positive legal developments in Ripple Labs' battle with the SEC have also contributed to the price rise. Speculation about Ripple developing a dirham-backed stablecoin and the launch of its RLUSD stablecoin have further boosted market optimism. Additionally, Bitwise plans to convert its Bitwise 10 Crypto Index Fund into an ETF, including exposure to XRP. The Ripple CEO's comments on the news have added to market enthusiasm.
Related News
Saylor doubts $60K Bitcoin retrace, BTC ETF options, and more: Hodler’s Digest, Nov. 10 – 16 ? HBAR Goes to Space! SpaceX and Hedera to Pioneer Satellite Payment Networks XRP rises over 20%, spurred by favorable regulatory environment, ETF filing Shiba Inu Developer Wants Donald Trump to Hire a Blockchain Advisor Memecoin Trader Earns $458K from Just $1.6K Within 2 Hours, Pocketing 281x Return Ripple Labs and CEO come under fire amid rumors of a Trump meeting WisdomTree’s Will Peck reveals how gov’t Bitcoin holdings can influence future prices Could ETF Approval Propel Hedera (HBAR) Price To The Moon? Solana (SOL) Volume Falls From $12 Billion as Bears Look to Halt Potential $300 Run Uniswap Leads DEX Traffic with 4M Visits in the Last Month RNDR’s price charts confirm bullish breakout – Is $12.05 the next target? Kana Labs Launches Aptos Keyless Wallet to Simplify DeFi Crypto Trader Earns $790K Following $DEGEN PERPS Listing on Binance: Lookonchain Cardano Network on Verge of Historic 100 Million Transactions XRP’s Symmetrical Triangle Breakout: What History Suggests for Its Future Cronos Breaks Key Resistance Levels with 540% Growth Potential Why Fantom’s ABC Wave Points to Potential Shorting Opportunities The Factors Fueling Speculation Around XRP’s $100 Target Aptos (APT) Rises on Institutional Adoption, Is $50 Achievable? Cardano Price Prediction: ADA Soars to $0.77 – ADA 1$ Soon? Mantra hits new all-time high, technicals suggest more gains ahead Bitcoin Miners Unload $2.2B Worth of BTC as Prices Soar to $88,025 Crucial Scam Warning Made by SHIB Team as Price Begins to Surge Chainlink introduces the 'Chainlink Runtime Environment' framework Mapping how Ethereum’s price can return to $3,400 and beyond Polymarket whale loses $3.6 million on Tyson bet after netting $11 million from Trump win MicroStrategy’s Bitcoin holdings tops Nike and IBM cash reserves DeFi protocol Thala recovers $25 million following successful hacker negotiation Ripple CEO Brad Garlinghouse Speaks on Livestream After XRP Breaks $1 Bitcoin Blockchain Used To Secure Election Results In Georgia County Are Retail Investors Behind The Bitcoin Price Surge This Bull Run? Earthlings Launches a Play-T0-Earn Game, ‘STEAM RUNNER’ on Hedera Network BTC Maintains Bullish Momentum as Resistance Levels Near $99,000 Loom JUST IN: What’s Happening in XRP Price? Big Pump Followed by Sudden Dump Vanar Chain Partners with Nexera to Revolutionize RWA Integration $BOME is Now Live on HyperPay Wallet, Gains Decentralized Support for Memecoins Bitcoin’s NVT Golden Cross Points to $93,000 as Stepping Stone, Not the Top Mobile Crypto Apps Are Climbing the Charts as Bitcoin Blasts Off Bitcoin price levels to watch as $100,000 target becomes more realistic 'There is a global race underway for Bitcoin' — Anthony Pompliano Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation Bitcoin Price Analysis: Here’s How BTC Gets to $100K Web3’s responsibility is to advance data privacy | Opinion Ethena’s sUSDe Integration in Aave Enables Billions in Borrowing Ethereum Price Analysis: Is ETH Headed to $3,500 This Week? Shiba Inu to $0.00003: SHIB Takes On 18 Trillion Wall TRON Continues To Rise And Remains Above $0.17 'Glad It's Over': Dogecoin Foundation Reacts to Dismissal of Lawsuit Against Elon Musk Bitcoin (BTC) Price Prediction for November 16 Bitwise Hits Major Milestone Amid Growing Bitcoin & Crypto Focus Cardano (ADA) Eyes Further Gains After 65% Weekly Surge, Historical Data Shows 5.72 Trillion SHIB in 24 Hours, Yet Shiba Inu Price Skyrockets 8% It’s Morning in America for Crypto Litecoin Rebrands as Meme Coin, Calls for Blockchain Unity XRP Price Prediction for November 16 Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin LUNC News: Terra Classic Community Passes Crucial CoinMarketCap Proposal Is $1 Possible for Shiba Inu Price After DOGE's 200% Rally? Top Trader Says Dogecoin and Shiba Inu Rival Has Started Push to New All-Time High, Outlines Targets for Bitcoin Over 120,000 letters sent to state lawmakers to endorse ‘Strategic Bitcoin Reserve’ bill Why XRP could hit $8 after reclaiming a 3-year high Here’s why this crypto startup founder is on the Socialist Party’s ‘Wall of Shame’ Michael Saylor and NBA Legend Scottie Pippen Send Bullish Bitcoin Message to Community Bitcoin Fork Bitcoin Cash (BCH) Activates Major Upgrade: Details XRP Price Hit $1 After 3 Years ! How High Can XRP Go ? Bitcoin rises above the fray as Wall Street sinks on Fed uncertainty Bitcoin breakout or black swan? $90K BTC price lacks gold, stocks high Analyst Says Large-Cap Memecoin Primed To Explode by Over 100%, Updates Outlook on XRP and Solana Alef Price Analysis : Can $Elf Coin Rally to $10 Milestone? XRP Finally Crosses the $1 Mark for the First Time Since 2021 Amid 26% Spike: What’s Next Biggest Altcoin Gainers of the Second Week of November 2024 Analytics Company Announces Critical Level Required for Bitcoin Price to “Jump to $142,000 or $233,000” ? XRP Price Hits $1 Historic Milestone Market Expert Projects Shiba Inu Rally to $0.0001553 Following 57% Spike Experts Highlight Two New XRP Milestones Achieved in Ongoing Rally Line: finally announced the crypto airdrop of Ethereum's layer-2, but the wait is still very long Shiba Inu, Cardano, and Ripple Are Poised for Major Gains No apology can 'undo the damage' Gary Gensler has caused: Tyler Winklevoss 600% Bitcoin Explosion Incoming in Base-Case Scenario, According to ARK Invest CEO Cathie Wood – Here’s Why Shytoshi Kusama Keeps SHIB Army Guessing About New Cryptic Tweet – Big Partnership Coming? Ex-Binance CZ's New Business Venture Suffers Hacker Attack Trump policies could take DeFi, BTC staking mainstream: Redstone co-founder Dubai Announces Recognition of One More Altcoin After Bitcoin, Ethereum and XRP Ethereum Eyes $4,000 with Bullish Momentum: Analysts Predict $15K XRP Takes Top Spot on Robinhood Biggest Movers List Following Its Relisting PEPE Breaks Out Into Price Discovery, Open Interest Soars Double Digit Prices Surges From These Altcoins as Bitcoin (BTC) Reclaims $91K (Market Watch) Is it true that in Germany there is a crypto tax exemption? Crypto Whale Swaps $SPX for $DOGE: A Bold Move Amid Bullish Market Trends FOX Business Confirms Ripple CEO Meeting with Donald Trump Expert Says Shiba Inu is Lagging Behind Dogecoin but Will Outperform It Soon Japan’s DX Minister wants to ‘closely follow’ Musk’s DOGE department for ideas Dogecoin’s Bullish Momentum: Market Psychology Cycle Points to $10 BONKDAO Initiates Major Token Burning Campaign XRP Whales Stack 320M Tokens in 72 Hours as XRP Nears $1 Hoskinson Praises Cardano Community as Voltaire Upgrade Takes Hold U.S. Vice President JD Vance’s Altcoin Portfolio: 3 Tokens Primed for Massive Gains Expert Sets XRP Profit-Taking Targets at $5, $8, $11, and $13 as 4 Key Indicators Align for Bullish Run SEC Approves 7RCC Bitcoin and Carbon Credit Futures ETF: A Unique ESG Investment Opportunity Pro-XRP Lawyer John Deaton Proposes 3 Ways To Escape $36T Debt Bag XRP Price Rallies To 2-Year High, What Next? WIF Slide Below $3.582 Sparks Fears Of Further Losses GSR Markets Enters Liquidity Provision for TARS Protocol, Boosts $TAI Price by 26% Is LUNC Set for a Bull Run? Community and Burn Data Suggest Below Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory NikolAI ($NIKO) Hits All-Time High of $0.1788 Amidst Explosive Growth in TON Memecoin Market Bitcoin Targets $97,000: Bullish Momentum Signals Massive Upside How these Altcoins Reshape Crypto Landscape: XRP Leads Market Transformation Critic Says The Snail XRP Is Ready to Become a Runner Here’s How High Dogecoin Can Go in Next 6 Months: Expert Predicts Crypto Whale Borrows $1.5M USDT for Massive AAVE Accumulation, Betting Big on DeFi Mantra (OM) Price Hits All-Time Highs Amid Strong Uptrend CFTC clears 'second hurdle' for spot Bitcoin ETF options Qitmeer Partners with Atua AI to Transform Web3 Ripple CEO's Bold Statement as XRP Price Soars to 2-Year High GOAT Price Surges to Record High, But Indicators Signals Potential Pullback Memecoin returns were 6x higher than crypto market average over past 30 days Altcoins offer opportunities for gains amid challenging trading landscape — K33 What Does Trump's Win Mean for Crypto? 3 New Cryptos Launched This Week to Keep an Eye On XRP To $1 Attempt Again? 37 Trillion Shiba Inu (SHIB): Is This Enough? Next Solana (SOL) Surge Can Bring It to $300 Vanguard may allow crypto ETFs by 2025 as market momentum grows, analyst predicts