XRP, the cryptocurrency associated with Ripple, has seen a slight recovery after a recent market dip, fueled by positive sentiment following CEO Brad Garlinghouse's dinner with incoming US President Donald Trump. Rumors of a potential XRP ETF listing on Wall Street have also contributed to the bullish outlook, with some experts predicting a potential breakout above a bullish pennant pattern. The recovery comes amidst expectations that the incoming Trump administration may signal a resolution to Ripple's legal battle with the Securities and Exchange Commission (SEC).
has slightly recovered from the recent market decline, which sparked over $670 million in realized profits. Ripple President hints that an
could stage a breakout above the upper boundary line of a bullish pennant pattern. has recovered slightly from the selling pressure. The recovery is driven by positive market sentiment surrounding Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty'srecent dinner with Donald Trump. Most experts predict that the positive relationship between Ripple and the incoming Trump administration could signal an end to its legal battle with the Securities and Exchange Commission . Great dinner last night with @realDonaldTrump & @s_alderoty. Strong start to 2025! pic.twitter.
experienced $15.28 million in futures liquidations in the past 24 hours, per Coinglass data. The total amount of liquidated long positions is $10.18 million, while short liquidations accounted for $5.10 million. risks a massive decline if it validates a rounding top pattern by declining below the pennant's lower boundary line and the $2.00 psychological level. Such a move could send
is the native token of the decentralized blockchain Ledger chain, helping financial firms save on the cost of transacting worldwide. What is L is maintained by a peer-to-peer network known as the global
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