Price remains in a consolidation range between $2 and $2.6.
XRP nonempty wallets increased 28% over the past two years, adding 5.75 million accounts.
Why is XRP going down today? Let's check current technical analysis and XRP price predictions
Ripple's XRP is facing downward pressure, with the price falling in the past day and week. According to CoinMarketCap, the token dropped 3% and 12% in the daily and weekly charts, respectively. XRP's price
decline reflects a broader price correction in the crypto space.
Bitcoin is leading the bear market, having dropped
3% in the past day and 13% in the past week. The second largest cryptocurrency, Ethereum, has also been facing losses of nearly 20% in the past week, currently changing hands for $3,298.
Defying Bearish Sentiment
Despite the negative sentiment facing Ripple's XRP,
its leadership remains optimistic about a price surge, as seen in November. A cryptic tweet by Ripple's Chief Technology Officer, David Schwartz, caused
speculation on social media X.
Referencing a “10x times” product label,
Schwartz's humor sparked deeper discussions about XRP's potential price
trajectory. The San Francisco-based blockchain company made headlines over the
weekend by reportedly transferring 90 million XRP tokens, worth over $200 million, to
unidentified wallets.
Blockchain tracker Whale Alert noted the transactions
occurred in two batches of 50 million and 40 million XRP, with values exceeding
$111 million and $89 million, respectively. This move coincided with XRP trading sideways at
$2.20, following a volatile week where it dropped nearly 30% from $2.7 to
$1.9. Amidst these price fluctuations, XRP has experienced remarkable growth
in its holder base.
XRP now ranks fourth, changing hands at $2.18. The
token's market capitalization is at $125 billion. Amid the change in crypto
market capitalization, market valuation has dropped 1.77% to $3.25 trillion.
Crypto Prices, Source: CoinMarketCap
Technically, the XRP price is at the lower end of price consolidation, ranging between $2 and $2.6. However, the price remains above the 50 and
200 moving averages on the data from TradingView. The Relative Strength Index (RSI) remains above the oversold zone, meaning it could go lower for any trend reversal.
Increasing XRP Adoption
Despite the volatility, XRP attracted a substantial
following during the bull market. Analytics firm Santiment reported a 28%
increase in nonempty XRP wallets, adding 5.75 million accounts in the past two
years. This trend was followed by XRP's impressive price growth of more than 200%
between November and early December.
However, the broader cryptocurrency market now faces
headwinds. The Federal Reserve's recent decision to cut rates by 0.25% was
overshadowed by Chair Jerome Powell's cautious stance on further rate
reductions.
According to data from Coinglass, XRP liquidations exceeded $7 million within the past 24 hours, reflecting the market's bearish sentiment. Higher price levels can only be sustained if the token achieves strong on-chain activity and rising investor confidence.
Ripple's XRP is facing downward pressure, with the price falling in the past day and week. According to CoinMarketCap, the token dropped 3% and 12% in the daily and weekly charts, respectively. XRP's price
decline reflects a broader price correction in the crypto space.
Bitcoin is leading the bear market, having dropped
3% in the past day and 13% in the past week. The second largest cryptocurrency, Ethereum, has also been facing losses of nearly 20% in the past week, currently changing hands for $3,298.
Defying Bearish Sentiment
Despite the negative sentiment facing Ripple's XRP,
its leadership remains optimistic about a price surge, as seen in November. A cryptic tweet by Ripple's Chief Technology Officer, David Schwartz, caused
speculation on social media X.
Referencing a “10x times” product label,
Schwartz's humor sparked deeper discussions about XRP's potential price
trajectory. The San Francisco-based blockchain company made headlines over the
weekend by reportedly transferring 90 million XRP tokens, worth over $200 million, to
unidentified wallets.
Blockchain tracker Whale Alert noted the transactions
occurred in two batches of 50 million and 40 million XRP, with values exceeding
$111 million and $89 million, respectively. This move coincided with XRP trading sideways at
$2.20, following a volatile week where it dropped nearly 30% from $2.7 to
$1.9. Amidst these price fluctuations, XRP has experienced remarkable growth
in its holder base.
XRP now ranks fourth, changing hands at $2.18. The
token's market capitalization is at $125 billion. Amid the change in crypto
market capitalization, market valuation has dropped 1.77% to $3.25 trillion.
Crypto Prices, Source: CoinMarketCap
Technically, the XRP price is at the lower end of price consolidation, ranging between $2 and $2.6. However, the price remains above the 50 and
200 moving averages on the data from TradingView. The Relative Strength Index (RSI) remains above the oversold zone, meaning it could go lower for any trend reversal.
Increasing XRP Adoption
Despite the volatility, XRP attracted a substantial
following during the bull market. Analytics firm Santiment reported a 28%
increase in nonempty XRP wallets, adding 5.75 million accounts in the past two
years. This trend was followed by XRP's impressive price growth of more than 200%
between November and early December.
However, the broader cryptocurrency market now faces
headwinds. The Federal Reserve's recent decision to cut rates by 0.25% was
overshadowed by Chair Jerome Powell's cautious stance on further rate
reductions.
According to data from Coinglass, XRP liquidations exceeded $7 million within the past 24 hours, reflecting the market's bearish sentiment. Higher price levels can only be sustained if the token achieves strong on-chain activity and rising investor confidence.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
