bitcoin
Bitcoin (BTC) $ 95,715.64
ethereum
Ethereum (ETH) $ 2,803.01
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 653.71
xrp
XRP (XRP) $ 2.56
cardano
Cardano (ADA) $ 0.76668
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.292438
binance-usd
BUSD (BUSD) $ 0.998998
dogecoin
Dogecoin (DOGE) $ 0.241621
okb
OKB (OKB) $ 49.07
polkadot
Polkadot (DOT) $ 4.92
shiba-inu
Shiba Inu (SHIB) $ 0.000015
tron
TRON (TRX) $ 0.245151
uniswap
Uniswap (UNI) $ 8.96
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,554.60
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 128.20
staked-ether
Lido Staked Ether (STETH) $ 2,795.89
solana
Solana (SOL) $ 167.56
avalanche-2
Avalanche (AVAX) $ 24.65
chainlink
Chainlink (LINK) $ 17.49
cosmos
Cosmos Hub (ATOM) $ 4.85
the-open-network
Toncoin (TON) $ 3.76
ethereum-classic
Ethereum Classic (ETC) $ 20.56
leo-token
LEO Token (LEO) $ 9.76
filecoin
Filecoin (FIL) $ 3.39
bitcoin-cash
Bitcoin Cash (BCH) $ 325.23
monero
Monero (XMR) $ 234.68
Sunday, February 23, 2025
More
    bitcoin
    Bitcoin (BTC) $ 95,715.64
    ethereum
    Ethereum (ETH) $ 2,803.01
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 653.71
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 2.56
    binance-usd
    BUSD (BUSD) $ 0.998998
    dogecoin
    Dogecoin (DOGE) $ 0.241621
    cardano
    Cardano (ADA) $ 0.76668
    solana
    Solana (SOL) $ 167.56
    matic-network
    Polygon (MATIC) $ 0.292438
    polkadot
    Polkadot (DOT) $ 4.92
    tron
    TRON (TRX) $ 0.245151
    HomeAll CoinsBitcoinBitcoin Supporter Takes Photographs at XRP Worth, It 'Will By no means...

    Bitcoin Supporter Takes Photographs at XRP Worth, It 'Will By no means Occur'

    The overall sentiment behind the value of XRP was divided between market gamers in latest months. Current market dynamics have seen many traders take a adverse outlook on the cryptocurrency's value, particularly given its failure to succeed in new highs above $0.6. Moreover, this adverse outlook was not too long ago exacerbated by the announcement of the SEC's enchantment in opposition to the Ripple-SEC lawsuit judgment.

    Max Keizer is a notable analyst who has taken a adverse view on XRP. Based on him, the XRP rally anticipated by group members won’t ever happen.

    Bitcoin Maximalist Says XRP Worth Rise Received’t Occur

    Max Keizer is a staunch Bitcoin maximalist, recognized for his place that Bitcoin is the one legit cryptocurrency. Keizer is thought for criticizing many altcoins, and XRP shouldn’t be the one one. Just lately, he famous on social media platform X that Solana has already reached its all-time excessive in opposition to Bitcoin, and he predicts a downward trajectory for the asset sooner or later.

    Nonetheless, Keizer's newest remark relating to XRP got here throughout a troublesome time for cryptocurrency. Within the present state of affairs, the value of XRP seems to be as soon as once more underneath stress attributable to the extended lawsuit involving the SEC and Ripple, its creator. Certainly, the SEC has now appealed Choose Torres' determination within the Ripple case.

    See also  Saifedean Ammous Joins El Salvador Bitcoin Crew as Financial Advisor

    Alongside his essential commentary on XRP, Keizer shared a video on social media displaying a chicken repeatedly failing to catch a worm in its beak. He drew a parallel between the chicken's failed makes an attempt and XRP holders who’ve been ready for an increase in XRP costs for therefore lengthy. The video ended with the chicken failing to seize the beak, that means Kaiser believes XRP holders won’t ever be capable to seize an XRP rally.

    Present Standing of XRP

    The latest settlement determined by Choose Torres was initially seen as a significant step ahead in favor of Ripple, giving hope to XRP traders. Nonetheless, the SEC's subsequent determination to enchantment the ruling reignited uncertainty and solid a shadow over the way forward for XRP's value, dampening optimism as soon as once more.

    Unsurprisingly, information of the SEC enchantment brought about the value of XRP to plummet. On-chain information exhibits that this value drop was triggered by some XRP whales transfer their property to crypto exchangesmost likely with the goal of promoting them.

    On the time of writing, the XRP value is buying and selling at $0.5413, reflecting a 1.8% achieve over the previous 24 hours. Nonetheless, the cryptocurrency has misplaced a good portion of its market capitalization over the previous week, dropping 16.17% over the previous seven days. This, in flip, pushed XRP beneath the stablecoin USDC available in the market cap rankings.

    See also  Kylie Davies launches VC Fund 3AC Ventures, eyes roll on Twitter

    Max Keizer shouldn’t be the primary Bitcoin maximalist to take a adverse view of XRP. Different analysts have known as cryptocurrency lifeless previously. Regardless of this, the XRP group has sufficient optimistic advocates. Based on an analyst, technical evaluation exhibits that the XRP value chart is reporting an explosive gathering throughout the macroeconomic deadline regardless of the SEC's enchantment.

    XRP Price Chart from Tradingview.com (Bitcoin Supporter)
    XRP Worth Maintains Slim Zone | Supply: XRPUSDT on Tradingview.com

    Featured picture created with Dall.E, chart from Tradingview.com

    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Most Popular