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XRP Surges Over 14%, Surpassing ETH’s FDV as Ripple Anticipates Bright Future

In a remarkable turn of events, XRP has experienced a significant surge, rising by over 14% in the past 24 hours to hit a price of $2.55. This upward movement has driven XRP's Fully Diluted Valuation (FDV) to a staggering $254.87 billion, pushing it ahead of Ethereum's FDV of $244.24 billion, making it the cryptocurrency with the second-highest FDV, just behind Bitcoin. This surge comes on the heels of important developments surrounding Ripple, the company behind XRP, and its ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). https://twitter.com/WuBlockchain/status/1902365046321361111?t=L0OeVm8YZZGv8nlq4yXZgQ&s=19 The network has been much busier and surged right along with the price. And now we have major players, some of whom haven't touched XRP in years, suddenly throwing tens of millions into the asset. This is certainly sending the message that XRP, as a whole, is moving right […]

Will Izuchukwu March 20, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (March 20) – XRP Remains Above $2 But is Likely to Lose Grip Soon

XRP survived last week’s bearish heat and finally managed to hold above a critical support level when they struck the market with another heavy supply. Facing a rejection, it now trades calmly after a bounce.  Last week's trading started painfully as several altcoins posted double-digit losses due to a severe decline. During that period, XRP was on the verge of breaking below $2, which has been a critical support level for months. Surprisingly, the price bounced back and increased to where it currently trades at $2.3 after a slight rejection. This led to a suspense in the drop and the price is now looking strong on the day. Following the recent price bounce, which looks more like a retracement movement, XRP will likely resume bearishness anytime soon. It seemed to be gathering momentum for a big crash on the daily […]

Michael Fasogbon March 19, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (March 11) – XRP May Crash Following a Steady Volume Outflow, Holds Above $2

Following a quick dump under $3 last week, XRP turned bearish again and faced a three-month support level with a head-and-shoulder pattern on the daily chart. A major breakdown is lurking around the corner. As top altcoins continued to post significant losses in the past months, XRP remains in the bullish zone and keeps lagging in the face of the dip. However, it looks weak and ready for a crash as it approaches the key $2 level again, serving as critical support for three months. Losing this support could trigger serious bleeding to a new multi-month low. But currently, the selling volume appears low as it lost 3% in the last 24 hours. A significant increase in volume should trigger a break. Meanwhile, after a recent price twerk, the head-and-shoulder pattern remains intact on the daily chart. This pattern validates […]

Michael Fasogbon March 11, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (March 4) – XRP Rolls Back Gain Following a Sudden Sell-Off, Down 4% Daily

Following a new sell order, XRP posted a heavy loss today and is now trading back near a crucial support. A successful breakdown from there could trigger a massive collapse to a new multi-month low. Compared to other cryptocurrencies during last month's trading, XRP registered a little loss and continued to trade well above the $2 level, which has been a critical support for the past three months. It attempted to reverse the trend following a strong bounce back earlier this month, but the momentum was short-lived due to a sudden sell-off yesterday, and the price nosedived. From a technical standpoint, the landscape might change anytime soon due to the sell-off. The $2 level is considered a key support for a major breakdown. Losing it should confirm a head-and-shoulder formation on the daily chart. The target price range to watch for […]

Michael Fasogbon March 4, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (February 25) – XRP Sees 10% Daily Drop Near $2, Looks Set For a Big Collapse

Breaking down from a brief consolidation phase yesterday, XRP appears weak daily as it signalled a bearish move. It looks set to lose a key level. XRP attempted to resume bullish after managing to hold above the $2.2 level, which has been serving as support for over a month. The buying was intercepted after a week and the $2.85 level halted the bullish move. Marking resistance there, the price consolidated for a week and the price broke down yesterday. The bears reiterated actions today and pulled the price to $2.1. This led to a crackdown on the mentioned support but is not yet significant. A close below the key $2 level could cause a crash. However, looking at the bigger picture, Sol appears ready for a massive drop on the daily chart but the mentioned key level is still acting […]

Michael Fasogbon February 26, 2025

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