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Ripple CEO urges ‘more crypto regulation’ before 2024 U.S. elections The 2024 US elections will reshape the cryptocurrency landscape, Brad Garlinghouse opines. Critics have long targeted crypto markets, with scrutiny intensifying in recent years. Inasmuch, in an interview with Bloomberg on the 20th of February, Ripple’s [XRP] CEO, Brad Garlinghouse, addressed politicians’ lack of understanding of the crypto space. While addressing the ongoing scrutiny surrounding the crypto space, he suggested,  “I believe, there should be more clarity on the rules and regulations surrounding cryptocurrencies.”  Garlinghouse added,  “Politicians frequently make claims about digital currencies that lack factual support or evidence.” Unlike previous U.S. elections, in 2024, voters seem to be aligning their preferences with candidates who have favorable views on cryptocurrencies.

Cryptocurrency Price Analysis (Dec. 20-22) *Bitcoin (BTC)* 1. *Breakdown*: Below ascending channel support 2. *Rebound*: 50-day SMA ($91,792) 3. *Resistance*: 20-day EMA ($99,142) 4. *Support*: 50-day SMA ($91,792) 5. *Potential targets*: $85,000, $73,777 (downside), $108,353 (upside) *Ethereum (ETH)* 1. *Resistance*: $4,094 2. *Breakdown*: Below 20-day EMA ($3,689) 3. *Support*: $3,101 4. *Downtrend line*: Critical level for bullish reversal 5. *Consolidation range*: $3,000-$4,094 *Ripple (XRP)* 1. *Tug-of-war*: 20-day EMA ($2.23) 2. *Resistance*: $2.40 3. *Support*: $2.00 4. *Breakout targets*: $2.60, $3.00 (upside), $1.80, $1.50 (downside) *Other Altcoins* 1. *Dogecoin (DOGE)*: Consolidating between $0.07-$0.11 2. *Cardano (ADA)*: Facing resistance at $0.60 3. *Avalanche (AVAX)*: Breakout above $20 possible 4. *Chainlink (LINK)*: Consolidating between $15-$20 *Market Sentiment* 1. Fear & Greed Index: Neutral/Fear 2. Crypto market sentiment: Cautious optimism *Resources* 1. CoinMarketCap 2. TradingView 3. CryptoSpectator 4. CoinTelegraph Would you like: 1. Specific coin analysis? 2. Market updates? 3. Trading strategy advice?

XRP Market Update: December 23, 2024 As of December 23, 2024, XRP is trading at approximately $2.21 USD, reflecting a 3% decline over the past 24 hours. Here are the key stats: - 24-hour trading volume: $11.94 billion - Circulating supply: 57.25 billion XRP tokens - 7-day decline: approximately 7.86% The broader cryptocurrency market is also experiencing a downturn, with: - Bitcoin: -1.3% - Ethereum: -1.5% - Solana: -0.5% - Dogecoin: -0.7% Stay up-to-date with the latest market trends and fluctuations.

$XRP (Ripple) has long been a pioneer in revolutionizing cross-border payments. Unlike traditional systems that take days and cost a fortune, $XRP enables near-instant, low-cost international transactions. It’s no wonder why banks and financial institutions are increasingly adopting $XRP to modernize their payment systems. The secret to $XRP’s success lies in its RippleNet technology, which connects financial institutions and allows them to transfer value seamlessly. With its focus on scalability, security, and efficiency, $XRP is positioned as a critical component of the future financial infrastructure. Price predictions for $XRP remain optimistic as regulatory clarity improves and institutional adoption accelerates. Recent legal victories have bolstered investor confidence, leading to renewed interest in $XRP’s long-term potential. Analysts suggest that $XRP could experience significant price growth as the global payments landscape shifts toward blockchain solutions. For those looking to invest in a project with real-world utility and strong fundamentals, $XRP stands out as a solid choice. With its mission to streamline global payments and its growing ecosystem, $XRP could be a game-changer in the financial world. Will you join the $XRP revolution? $XRP

XRP has become one of the hottest topics in the altcoin market following its explosive rally in November. As the token’s price continues to surge, questions about its sustainability are mounting. While many had expected a market correction, XRP has yet to experience a significant pullback, leaving investors on edge. Recent on-chain analysis, however, suggests that XRP might be overvalued when compared to broader market conditions, fueling concerns about its future price trajectory and potential risks for holders. XRP’s NVT ratio signals overvaluation The Network Value to Transaction (NVT) ratio for XRP highlights a potential risk of overvaluation despite its recent rally. The metric compares the asset’s market capitalization to its transaction volume, offering insights into whether its price is sustainable. XRP’s NVT ratio has fluctuated sharply in December, indicating instability. The current spike in the ratio reflects a disconnect between XRP’s price and the underlying transaction activity on the network. While the price sits at $2.23, the high NVT ratio signals that market cap growth is outpacing network utility, a bearish sign. Unless transaction volumes catch up, XRP may face heightened correction risks, challenging the bullish momentum observed in recent weeks. XRP: Reduced network activity? The Price-Daily Active Addresses (DAA) divergence reveals a concerning trend for XRP’s rally. This metric assesses whether price movements align with user engagement on the network. While XRP’s price surged to $2.23, the DAA divergence has plummeted by 326.13%. This stark decline indicates a drop in the number of active XRP wallets interacting with the token. Such a sharp divergence suggests that the recent price spike is not being supported by robust on-chain activity. If user engagement remains low, it could undermine XRP’s bullish momentum and increase the risk of a significant price correction, putting its current rally under pressure.$XRP