{"id":501760,"date":"2024-04-05T14:11:38","date_gmt":"2024-04-05T14:11:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=501760"},"modified":"2024-04-05T14:11:38","modified_gmt":"2024-04-05T14:11:38","slug":"xrp-price-prediction-xrp-climbs-2-as-ripple-plans-usd-stablecoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/xrp-price-prediction-xrp-climbs-2-as-ripple-plans-usd-stablecoin","title":{"rendered":"XRP Price Prediction: XRP Climbs 2% As Ripple Plans USD Stablecoin And Traders Turn To This Green Transport ICO For 10X Potential"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The XRP price rose 2% in the last 24 hours <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\"><span style=\"font-weight: 400;\">to trade at $0.58<\/span><\/a><span style=\"font-weight: 400;\"> as of 03:21 a.m. EST on trading volume that surged 50% to $2.2 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes after Ripple said it aims to launch a stablecoin pegged to the USD later this year to challenge the dominance of rivals USDT and USDC.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ The stablecoin market is booming &ndash; around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility. <\/p>\n<p>That's why later this year we&rsquo;re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.&hellip;<\/p>\n<p>&mdash; Ripple (@Ripple) <a href=\"https:\/\/twitter.com\/Ripple\/status\/1775873224531665051?ref_src=twsrc%5Etfw\">April 4, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">According to Ripple&rsquo;s President, Monica Long, the decision to issue a stablecoin on the XRP ledger and Ethereum blockchain is based on the company&rsquo;s aim to unlock new opportunities for institutional and DeFi use cases across different ecosystems.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">XRP Price Set For A Breakout Above The Consolidation Channel<\/span><\/h2>\n<figure id=\"attachment_501805\" aria-describedby=\"caption-attachment-501805\" style=\"width: 1281px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-501805\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/XRPUSDT_2024-04-05_11-21-34.png\" alt=\"XRP Price Chart Analysis Source: Tradingview.com\" width=\"1281\" height=\"555\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/XRPUSDT_2024-04-05_11-21-34.png 1281w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/XRPUSDT_2024-04-05_11-21-34-300x130.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/XRPUSDT_2024-04-05_11-21-34-1024x444.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/XRPUSDT_2024-04-05_11-21-34-768x333.png 768w\" sizes=\"(max-width: 1281px) 100vw, 1281px\"><figcaption id=\"caption-attachment-501805\" class=\"wp-caption-text\">XRPUSD Chart Analysis Source: Tradingview.com<\/figcaption><\/figure>\n<p>Since December 2023, the price of XRP has been in a consolidation phase, fluctuating within the $0.65 and $0.5 ranges. However, in March, propelled by a surge in the crypto market, XRP experienced a markup phase, briefly surpassing $0.7 before retracing back to $0.55.<\/p>\n<p>From mid-March onward, a noticeable struggle has unfolded between bullish and bearish sentiments, particularly evident in XRP&rsquo;s endeavors to break out above the consolidation channel.<\/p>\n<p>Nevertheless, XRP continues to trade below both the 50-day and 200-day SMA, aligning with the recent downtrend from the $0.75 resistance level.<\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is also dropping from the 50-midline level at 46, which shows that the price may still be in equilibrium. If the bulls exert pressure at this level, the price may soar above the consolidation zone.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">XRP Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The XRP price analysis shows that XRP is currently in equilibrium, with the bulls aiming to drive the price through a breakout. Suppose the bulls stage a breakout at this level. XRP could soar, with the bulls aiming at reclaiming the resistance level at $0.75.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the 200-day SMA crosses above the 50-day SMA, which forms a death cross at $0.62. A death cross often indicates that the asset may undergo a bearish trend, which may be supported by the movement of the RSI toward the oversold region. In such a scenario, the price may undergo a retrace back to the support zone at $0.50.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, buyers are also buying eTukTuk, an eco-friendly crypto that analysts say has the potential to soar 10X after launch.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Best Eco-Friendly Crypto To Invest In, Get 10X Gains<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/etuktuk\" rel=\"nofollow\"><span style=\"font-weight: 400;\">eTukTuk (TUK)<\/span><\/a><span style=\"font-weight: 400;\"> is a cryptocurrency that aims to revolutionize transportation&rsquo;s future by adopting environmentally friendly practices and to develop sustainable transport solutions while addressing global economic disparities.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ As our world races ahead, personal vehicles surge, bringing environmental challenges. But there's hope! &#128663;&#10060;<\/p>\n<p>Today, we explore cities championing eco-friendly public transport.<\/p>\n<p>Buckle up! &#127807; <a href=\"https:\/\/t.co\/joRizVjYRh\">pic.twitter.com\/joRizVjYRh<\/a><\/p>\n<p>&mdash; eTukTuk (@eTukTukio) <a href=\"https:\/\/twitter.com\/eTukTukio\/status\/1755237987590586606?ref_src=twsrc%5Etfw\">February 7, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The token continues to make significant strides towards its goals, with its presale amassing over $2.8 million as it hurtles towards its target of $2.9 million in its current stage.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We've hit a major milestone, raising $2M in our pre-sale!<\/p>\n<p>Thanks to our incredible community for your support. <\/p>\n<p>Rest assured, these funds will fuel our mission for a sustainable future &#128640;<a href=\"https:\/\/t.co\/4kiTWB8U8Z\">https:\/\/t.co\/4kiTWB8U8Z<\/a><\/p>\n<p>&mdash; eTukTuk (@eTukTukio) <a href=\"https:\/\/twitter.com\/eTukTukio\/status\/1770437668297494965?ref_src=twsrc%5Etfw\">March 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400;\">Buy And Stake $TUK For 97% Annual Rewards<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">eTukTuk allows investors to earn passively by <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/etuktuk\" rel=\"nofollow\"><span style=\"font-weight: 400;\">buying and staking $TUK tokens<\/span><\/a><span style=\"font-weight: 400;\"> for a 97% annual percentage yield (APY).<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing Buy and Stake mechanism, get <a href=\"https:\/\/twitter.com\/search?q=%24TUK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TUK<\/a> tokens and instantly stake them, initiating a dynamic APY. <\/p>\n<p>Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. &#128171; <a href=\"https:\/\/t.co\/pMrXEZzB3f\">pic.twitter.com\/pMrXEZzB3f<\/a><\/p>\n<p>&mdash; eTukTuk (@eTukTukio) <a href=\"https:\/\/twitter.com\/eTukTukio\/status\/1711761128576159791?ref_src=twsrc%5Etfw\">October 10, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">You can also earn through their play-to-earn (P2E) game, Crazy Taxi, that is set to launch soon<\/span><span style=\"font-weight: 400;\">, where you can $TUK tokens by ferrying passengers to different locations on the busy streets of Sri Lanka.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Jacob Bury, a crypto analyst and YouTuber, eTukTuk could soar 10X after launch.<\/span><\/p>\n<p><iframe title=\"New 10X Potential Green AI Crypto?! - eTukTuk Transport Crypto\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/mZAqetFzMh4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">You can participate in the presale by purchasing $TUK at $0.0295 per token before the price increases in less than six days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/etuktuk\" rel=\"nofollow\"><span style=\"font-weight: 400;\">buy $TUK tokens today by visiting the official eTukTuk website here<\/span><\/a><span style=\"font-weight: 400;\">. Swap BNB or USDT for $TUK tokens or buy directly using your bank card.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-cheap-crypto\/\"><span style=\"font-weight: 400;\">Best Cheap Crypto to Buy Now In 2024 &ndash; Low Cost Coins<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle\"><span style=\"font-weight: 400;\">Best Meme Coins to Invest in: Top Picks for Exponential Gains! &#128640;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-crypto-buy-now-2024-top-picks-explosive-growth-calsona-6bnie\"><span style=\"font-weight: 400;\">Best Crypto to Buy Now (2024): Top Picks for Explosive Growth! &#128640;&#128184;<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Smog (SMOG) - 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