Investor confidence in XRP has grown due to reduced regulatory concerns and Donald Trump’s pro-crypto stance.
Although fundamental analysis shows positive upward momentum, technical indicators show further price correction.
Crypto investors are still enjoying the recent gains
from Ripple's XRP, a cryptocurrency with the potential to reshape global
payments. This is despite the price correction of nearly 5% in the last day.
Recent crypto market rally and optimism around
friendly crypto regulations could be some of the factors that pushed XRP to
high price levels last seen seven years ago. The price remains high in the
monthly, yearly, and all-time price charts.
In the past month, XRP has climbed an astonishing 330%, reaching $2.85. Amid the positive sentiment, XRP now ranks as the fourth largest cryptocurrency with a market capitalization of $130 billion. However, trading volumes in the past day have declined 47% to $13 billion, and the digital asset has lost some of its gains.
XRP's Journey
Ripple's journey has been anything but smooth. For
years, XRP faced regulatory uncertainty, most notably the US SEC's lawsuit
alleging Ripple's unregistered security sales. However, a landmark ruling was given in 2023, where
the court declared that XRP was not a security when sold to the public,
significantly reducing regulatory pressure.
XRP Monthly Price Chart, Source: CoinMarketCap
However, the judge handed the SEC a partial victory
after declaring that selling $728.9 million of XRP tokens to hedge funds and
other sophisticated amounted to offering unregistered securities.
The court later ordered Ripple to pay $125 million in
civil penalties and imposed an injunction against future violations of
securities laws. This was a relief for the company since the SEC had earlier
sought $1 billion in disgorgement and prejudgment interest and $900 million in
civil penalties.
Although Ripple faced a $125 million penalty, the
decision sparked investor confidence. Adding to the momentum, Donald Trump's
recent presidential election victory on a pro-crypto platform has energized the
market.
Trump has appointed a crypto-friendly SEC Chair, Paul
Atkins, a former commissioner who served under President George W. Bush. This
step pushed Bitcoin past the much-anticipated $100,000 price level, a bullish
momentum that also extended to the altcoins, including XRP.
Positive Technical Indicators
According to technical analysis, XRP has been confined to a price resistance level of $0.7 and a support level of $0.3 since 2012. However, the recent rally pushed the price past the $1.5 price resistance level, which was
achieved in the 2021 bull market.
However, technical indicators show the market is
overbought, and the price could drop, at least in the short term. The Relative Strength Index (RSI), a metric that assesses the speed and magnitude of price, is at
80 on TradingView. The price is also above the 50 and 200 moving averages.
XRP Technical Analysis, Source: TradingView
Open Interest for XRP futures has reached $3.54
billion, according to the data on TradingView. This highlights a significant
activity from traders betting on further gains.
XRP has now surpassed some of its rivals, including Solana. It is the fourth-largest digital asset behind Bitcoin, Ethereum, and
Tether. Another important fundamental analysis of Ripple is
its upcoming RLUSD stablecoin, which is currently awaiting regulatory approval. The
stablecoin aims to enhance XRP's role in cross-border transactions. This factor
could also push the price higher.
Crypto investors are still enjoying the recent gains
from Ripple's XRP, a cryptocurrency with the potential to reshape global
payments. This is despite the price correction of nearly 5% in the last day.
Recent crypto market rally and optimism around
friendly crypto regulations could be some of the factors that pushed XRP to
high price levels last seen seven years ago. The price remains high in the
monthly, yearly, and all-time price charts.
In the past month, XRP has climbed an astonishing 330%, reaching $2.85. Amid the positive sentiment, XRP now ranks as the fourth largest cryptocurrency with a market capitalization of $130 billion. However, trading volumes in the past day have declined 47% to $13 billion, and the digital asset has lost some of its gains.
XRP's Journey
Ripple's journey has been anything but smooth. For
years, XRP faced regulatory uncertainty, most notably the US SEC's lawsuit
alleging Ripple's unregistered security sales. However, a landmark ruling was given in 2023, where
the court declared that XRP was not a security when sold to the public,
significantly reducing regulatory pressure.
XRP Monthly Price Chart, Source: CoinMarketCap
However, the judge handed the SEC a partial victory
after declaring that selling $728.9 million of XRP tokens to hedge funds and
other sophisticated amounted to offering unregistered securities.
The court later ordered Ripple to pay $125 million in
civil penalties and imposed an injunction against future violations of
securities laws. This was a relief for the company since the SEC had earlier
sought $1 billion in disgorgement and prejudgment interest and $900 million in
civil penalties.
Although Ripple faced a $125 million penalty, the
decision sparked investor confidence. Adding to the momentum, Donald Trump's
recent presidential election victory on a pro-crypto platform has energized the
market.
Trump has appointed a crypto-friendly SEC Chair, Paul
Atkins, a former commissioner who served under President George W. Bush. This
step pushed Bitcoin past the much-anticipated $100,000 price level, a bullish
momentum that also extended to the altcoins, including XRP.
Positive Technical Indicators
According to technical analysis, XRP has been confined to a price resistance level of $0.7 and a support level of $0.3 since 2012. However, the recent rally pushed the price past the $1.5 price resistance level, which was
achieved in the 2021 bull market.
However, technical indicators show the market is
overbought, and the price could drop, at least in the short term. The Relative Strength Index (RSI), a metric that assesses the speed and magnitude of price, is at
80 on TradingView. The price is also above the 50 and 200 moving averages.
XRP Technical Analysis, Source: TradingView
Open Interest for XRP futures has reached $3.54
billion, according to the data on TradingView. This highlights a significant
activity from traders betting on further gains.
XRP has now surpassed some of its rivals, including Solana. It is the fourth-largest digital asset behind Bitcoin, Ethereum, and
Tether. Another important fundamental analysis of Ripple is
its upcoming RLUSD stablecoin, which is currently awaiting regulatory approval. The
stablecoin aims to enhance XRP's role in cross-border transactions. This factor
could also push the price higher.
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
