{"id":636319,"date":"2025-03-18T08:18:47","date_gmt":"2025-03-18T08:18:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636319"},"modified":"2025-03-18T08:48:41","modified_gmt":"2025-03-18T08:48:41","slug":"xrp-price-prediction-xrp-falls-3-despite-ripple-filing-for-ripple-custody-trademark-as-traders-pile-to-this-11m-best-crypto-wallet-ico-2","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/xrp-price-prediction-xrp-falls-3-despite-ripple-filing-for-ripple-custody-trademark-as-traders-pile-to-this-11m-best-crypto-wallet-ico-2","title":{"rendered":"XRP Price Prediction: XRP Falls 3% Despite Ripple Filing For \u2018Ripple Custody\u2019 Trademark As Traders Pile Into This $11.1M Best Crypto Wallet ICO"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The XRP price dropped 3% in the last 24 hours to trade at $2.24 as of 1:50 a.m. EST, with trading volume dropping 2% to $3.4 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This pullback in the Ripple token price comes despite Ripple Labs filing a trademark application for &ldquo;Ripple Custody,&rdquo; indicating possible plans to enter the crypto custody business.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: Ripple Labs applies for the \"Ripple Custody\" trademark, signaling a potential expansion into the crypto custody market. <a href=\"https:\/\/t.co\/ninOtkOyfW\">pic.twitter.com\/ninOtkOyfW<\/a><\/p>\n<p>&mdash; Whale Insider (@WhaleInsider) <a href=\"https:\/\/twitter.com\/WhaleInsider\/status\/1901701703600120264?ref_src=twsrc%5Etfw\">March 17, 2025<\/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 trademark filing describes custodial services that handle cryptocurrency storage and management, which could make Ripple a major player alongside Coinbase, Citi, and BNY Mellon.<\/span><\/p>\n<h2>Ripple Token Price Shows A Potential Reversal<\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\"><span style=\"font-weight: 400\">XRP price<\/span><\/a><span style=\"font-weight: 400\"> has been displaying significant volatility over the past few months. It was in a clear uptrend that peaked before forming a head-and-shoulders pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This classic reversal pattern signaled a potential shift from a bullish to a bearish trend, and indeed, the price of XRP corrected downward after completing the right shoulder.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, the Ripple token price has found strong support around the $2.00 &ndash; $2.10 zone, which aligns with the neckline of the head-and-shoulders formation, according to <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xd15b00e81f98a7db25f1dc1ba6e983a4316c4cac\"><span style=\"font-weight: 400\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400\"> data. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This area has been tested multiple times, reinforcing it as a critical demand zone.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, a bullish reversal structure appears to be forming, as indicated by the blue projection arrow on the chart, suggesting a possible breakout to the upside.<\/span><\/p>\n<p><span style=\"font-weight: 400\">XRP trades below the 50-day Simple Moving Average (SMA), which acts as a dynamic resistance. A successful breakout above this level could confirm the start of a new uptrend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the 200-day SMA is located at $1.6784. This long-term support is far below the current price, indicating that the trend remains bullish despite recent corrections.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Relative Strength Index (RSI) is currently at 45.75, which places it in a neutral-to-slightly bearish zone. This suggests there is room for a price increase before reaching overbought conditions. If the RSI moves above 50, it would strengthen the case for an upward breakout.<\/span><\/p>\n<figure id=\"attachment_636309\" aria-describedby=\"caption-attachment-636309\" style=\"width: 1637px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-636309 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/XRP_2025-03-18_09-50-18.png\" alt=\"XRP Price Chart Analysis Source: GeckoTerminal\" width=\"1637\" height=\"676\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/XRP_2025-03-18_09-50-18.png 1637w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/XRP_2025-03-18_09-50-18-300x124.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/XRP_2025-03-18_09-50-18-1024x423.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/XRP_2025-03-18_09-50-18-768x317.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/XRP_2025-03-18_09-50-18-1536x634.png 1536w\" sizes=\"(max-width: 1637px) 100vw, 1637px\"><figcaption id=\"caption-attachment-636309\" class=\"wp-caption-text\">XRP\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n<h2>XRP Price Prediction<\/h2>\n<p><span style=\"font-weight: 400\">Given the recent retest of the strong support zone and a potential reversal signal, the XRP price is likely to initiate a bullish breakout in the coming days or weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A move above $2.50 (the 50-day SMA) would confirm bullish momentum, with an initial price target of $3.00. If momentum continues, XRP could test $3.50 in the medium term.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, if the price of the Ripple token fails to hold above the key support zone near $2.00, a deeper correction toward $1.70 (near the 200-day SMA) could be expected before another bullish attempt.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the XRP price dips, investors are flocking to the presale for <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\"><span style=\"font-weight: 400\">Best Wallet (BEST)<\/span><\/a><span style=\"font-weight: 400\">, which popular YouTuber Crypto Gains, with over 146K subscribers, says has the potential to soar 10X after launch.<\/span><\/p>\n<p><iframe title=\"&#128293; Best Wallet: Token Presale! It's Like Investing In Metamask If That Had A Coin! EASY 10X?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/jN9c2Jh36DY?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<h2>Best Wallet Presale Closes On $11.5 Million &ndash; Best Crypto Wallet Token?<\/h2>\n<p><span style=\"font-weight: 400\">The Best Wallet presale has just crossed the $11.1 million milestone, and it is easy to see why. With a user-friendly design, advanced features, and high staking rewards, many see the project as the future of crypto wallets.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Unlike MetaMask, which is primarily Ethereum-focused, or Trust Wallet, which is great for beginners, Best Wallet supports over 60 blockchains. <\/span><span style=\"font-weight: 400\">This means you can manage everything from the top altcoins to the latest up-and-coming tokens all in one place.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Fastest Growing Wallet in Crypto!<\/p>\n<p>In a crowded market, Best Wallet delivers the tools you need to gain an edge. &#128640;<\/p>\n<p>1&#65039;&#8419; Exclusive alpha on new projects.<br>2&#65039;&#8419; Buy and claim tokens in the app.<br>3&#65039;&#8419; Manage all your assets across multiple chains in one place.<\/p>\n<p>This is why the Best&hellip; <a href=\"https:\/\/t.co\/AT4yos1CmG\">pic.twitter.com\/AT4yos1CmG<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1873685508938670325?ref_src=twsrc%5Etfw\">December 30, 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\">Among the many features offered, one stands out: the &ldquo;Upcoming Tokens&rdquo; section. This feature helps users discover promising projects that are still in the early stages.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The project&rsquo;s success in identifying promising projects is clear. It&rsquo;s already identified tokens such as <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400\">Pepe Unchained (PEPU)<\/span><\/a><span style=\"font-weight: 400\"> and <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/catslap\" rel=\"nofollow\"><span style=\"font-weight: 400\">Catslap (SLAP)<\/span><\/a><span style=\"font-weight: 400\">, meme coins that delivered 500% and 3,000% gains, respectively, for early investors.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors can also stake BEST tokens for a huge 141% annual percentage yield (APY).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, BEST tokens are priced at $0.024375. Those interested in joining the project should buy BEST before a price hike in a little more than 13 hours.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\"><span style=\"font-weight: 400\">Learn more about BEST.<\/span><\/a><\/p>\n<h3>Related News:<\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/press-releases\/is-it-too-late-to-buy-cake-pancakeswap-price-soars-20-and-this-might-be-the-next-crypto-to-explode\"><span style=\"font-weight: 400\">PancakeSwap Price Soars 20% And This Might Be The Next Crypto To Explode<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/sponsored\/solana-price-prediction-as-sol-corrects-2-experts-say-consider-this-layer-2-crypto-with-100x-potential\"><span style=\"font-weight: 400\">SOL Corrects 2%, Experts Say Consider This Layer-2 Crypto With 100X Potential<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/sponsored\/reploy-price-prediction-rai-drops-4-as-investors-pivot-to-this-7-4m-ai-pepe-coin-offering-a-303-staking-apy\"><span style=\"font-weight: 400\">RAI Drops 4% As Investors Pivot To This $7.4M AI PEPE Coin <\/span><\/a><span style=\"font-weight: 400\">&nbsp;<\/span><\/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\">Best Wallet - Diversify Your Crypto Portfolio<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div 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\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The XRP price dropped 3% in the last 24 hours to trade at $2.24 as of 1:50 a.m. EST, with trading volume dropping 2% to <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/best-wallet\" title=\"Best Wallet\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":635270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15057],"tags":[7598,7992],"class_list":["post-636319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sponsored","tag-crypto","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Price Dips 3%, Traders Pile Into This Best Crypto Wallet ICO<\/title>\n<meta name=\"description\" content=\"The XRP price dropped 3% despite Ripple filing a trademark for \u201cRipple Custody,\u201d while traders turn to this $11.1M best crypto wallet ICO.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/636319\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Prediction: XRP Falls 3% Despite Ripple Filing For \u2018Ripple Custody\u2019 Trademark As Traders Pile Into This $11.1M Best Crypto Wallet ICO\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-18T08:18:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-18T08:48:41+00:00\" \/>\n<meta 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