XRP News: Could Ripple (XRP) Be the Next Altcoin to Reach $10?

Ripple (XRP) is gaining significant attention in the cryptocurrency market as investors speculate whether it could be the next altcoin to hit the $10 mark. Recent developments, including positive legal outcomes and increased institutional adoption, have fueled optimism around XRP's future. Additionally, whale accumulation has reached record highs, contributing to an 8% price rally. This article explores the factors driving XRP's momentum and its potential to achieve this ambitious price target.

Ripple (XRP) Price Prediction: Is XRP The Next Altcoin To Reach $10?

As Ripple (XRP) continues to gain attention in the cryptocurrency space, investors are starting to wonder if XRP could be the next altcoin to hit $10. Recently, XRP has seen a surge in market sentiment due to positive legal developments and institutional adoption. XRP’s legal momentum and growing adoption have been key drivers behind its recent price changes.

XRP Rallies 8% as Whale Accumulation Hits Record Highs

XRP has seen an 8% rally as whale accumulation reaches record highs. The Relative Strength Index (RSI) for XRP has risen significantly from 41 to 58.9 in just one day, indicating a notable increase in bullish momentum. This shift suggests that XRP is transitioning from a neutral zone into a more bullish phase, with the potential for further price gains if the momentum continues. Key resistance and support zones will play a pivotal role in determining XRP's next move. The focus now shifts to whether XRP can sustain its uptrend and test higher levels or face a potential retracement to critical supports.

Ripple XRP: Can XRP Reach $5 Amid Ripple Meme Coin Surge?

Ripple's XRP is showing signs of recovery after a period of correction as it enters 2025. The surge in Ripple's meme coins is contributing to this positive momentum, potentially influencing XRP's performance in the upcoming months. The Ripple meme coin ecosystem is gaining popularity, comparable to those on the Solana and Ethereum networks. According to CoinGecko, Ripple meme coins are narrowing the gap with Solana and Ethereum meme coins. Notably, the XRP Army price has increased by 140% in the past week, boosting its market cap to over $81 million. Other meme coins on the XRP Ledger, such as PHNIX, Pongo, Britto, and Vagabond, are also experiencing significant growth. The total value locked in the XRP Ledger network has risen to $68 million, reflecting the growing interest and investment in this ecosystem.

Ripple CEO Brad Garlinghouse Slams Gary Gensler’s “Failed Agenda”

Ripple CEO Brad Garlinghouse has publicly criticized SEC Chair Gary Gensler, labeling his regulatory approach as a 'failed agenda.' The SEC is scheduled to file the opening brief in its appeal against Ripple on January 15, with no plans to postpone it. Garlinghouse has previously called Gensler a 'political liability,' and the ongoing legal battle between Ripple and the SEC has intensified their conflict. Garlinghouse's recent comments on social media accuse Gensler of being dismissive of the 2024 election and the American public, committing to a 'regulation-by-enforcement' strategy until the end of his term.