šŸ” 🟢😊 Market Analysis — 12-11-00

As Asian markets greeted Monday’s sunrise, Bitcoin mounted a spirited comeback, rebounding above the $105,000 level amid growing optimism around the potential end of the U.S. government shutdown. This renewed surge put a tailwind behind altcoins, with XRP ratcheting higher by 6% as news broke o... ... Read full 🟢😊 Market Analysis — 12-11-00

XRP ā€˜distribution’ phase does not change $30 price target: Analysts

XRP ā€˜distribution’ phase does not change $30 price target: Analysts

XRP’sĀ  price fell 44% to $2.06 from its multi-year high of $3.66 reached on July 18, before recovering to current levels around $2.43.Ā Is it finally headed for a deeper correction, or is there a more substantial rally in the cards?Key takeaways:XRP’s macro outlook is bullish, with some predictions c…

XRP’s Next ā€˜Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst

XRP’s Next ā€˜Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst

Some analysts expect XRP to climb sharply from its current price of $2.39. According to posts on X by a popular analyst known as Egrag Crypto, the coin is trading at the bottom of a descending triangle and could stage a strong rally in the coming weeks.Analysts Point To Historical SetupsAccording to…

XRP Price Drops 3% as Evernorth Moves $343M Ahead of ETF Launch

XRP Price Drops 3% as Evernorth Moves $343M Ahead of ETF Launch

XRP price has dropped 3% in the past 24 hours, currently trading at $2.38, as market sentiment turns cautious ahead of the highly anticipated Canary XRP ETF launch. The token briefly touched a high of $2.48 before retreating, while trading volume plunged over 40%, signaling reduced activity from ret…

Professional and wealthy investors still plan to boost crypto holdings even after sharp slide

Professional and wealthy investors still plan to boost crypto holdings even after sharp slide

By Jules RimmerMorgan Stanley analyst says crypto trades on four-year cycle tied to money supplyMorgan Stanley and Sygnum Bank both agree that crypto is no longer a speculative bet only; it's developed an institutional following.The recent drop in crypto prices isn't denting enthusiasm from wealthy …

Bitcoin Is Best Crypto Bull Case Right Now, Top Trader Shows Why

Bitcoin Is Best Crypto Bull Case Right Now, Top Trader Shows Why

Bitcoin may have just formed the most paradoxical bullish setup of the cycle — one that appears unfavorable at first glance, but behind the scenes of the price chart, it resets the entire underlying structure.Ā A popular trader known asĀ DonAlt, who correctly predicted the March 2023 bottom andĀ XRP's…

XRP Price Pulls Back Slightly — Market Still Poised for Fresh Advance

XRP Price Pulls Back Slightly — Market Still Poised for Fresh Advance

XRP price started a decent increase above $2.50. The price is now correcting some gains might aim for another increase if it stays above the $2.320 level.XRP price started a downside correction from the $2.580 zone.The price is now trading near $2.40 and the 100-hourly Simple Moving Average.There is…

XRP Needs to Decouple From Bitcoin to End Volatility: Black Swan Capitalist

XRP Needs to Decouple From Bitcoin to End Volatility: Black Swan Capitalist

As XRP returns to the red territory, discussions about its long-term trajectory have resurfaced again, with the founder of Black Swan Capitalist, Versan Aljarrah, asserting that XRP’s price stability is largely dependent on its relationship with Bitcoin.On Tuesday, November 11, the renowned financia…

Ripple News: Evernorth Plans to Expand Beyond $1 Billion as XRP Demand Surges

Ripple News: Evernorth Plans to Expand Beyond $1 Billion as XRP Demand Surges

XRP has been making headlines after Ripple’s long legal battle with the SEC finally ended. New financial products, like XRP futures on the Chicago Mercantile Exchange (CME) and multiple ETF applications, show that big investors are starting to pay closer attention. Seizing the moment, Evernorth — a …