Resistance

<a href="https://cryptoticker.io/en/token/price/XRP-USD/" rel="noopener noreferrer nofollow">Ripple (XRP)</a> is back to the <a href="https://coinmarketcap.com/trending-cryptocurrencies/" rel="noopener noreferrer nofollow">top trending cryptocurrencies</a> with its price dynamics following the major XRP news today involving whale activity, and Ripple SEC lawsuit updates. As XRP price is trading at $1.43 -marking an 8% increase in the past 24 hours- what to expect when it comes to an <a href="https://cryptoticker.io/en/prediction/xrp-price-prediction/" rel="noopener noreferrer nofollow">XRP price prediction</a> amid this XRP news today?
<figure class="image"><img style="aspect-ratio:1627/751;" src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/By_Coin_Market_Cap_Top_Trending_Cryptocurrencies_Today_b55519cc20.png" alt="By CoinMarketCap - Top Trending Cryptocurrencies Today" width="1627" height="751">
 <figcaption><a href="https://coinmarketcap.com/trending-cryptocurrencies/" rel="noopener noreferrer nofollow">By CoinMarketCap - Top Trending Cryptocurrencies Today</a>
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<h2 id="strong-1-xrp-news-today-strong">1- XRP News Today</h2>
<h3 id="strong-xrp-whale-accumulation-strong">XRP Whale Accumulation</h3>
Recent data reveals <a href="https://u.today/xrp-stunned-by-mysterious-25-million-whale-activity-on-binance" rel="noopener noreferrer nofollow">significant whale activity in XRP</a>, with investors holding between 1 million and 10 million XRP accumulating an additional 50 million tokens in just two days. This brings their collective holdings to approximately 4.29 billion XRP, valued at around $6 billion.
<a href="https://www.investopedia.com/terms/a/angelinvestor.asp" rel="noopener noreferrer nofollow">Angel investor</a>, Armando Pantoja (<a href="https://x.com/_TallGuyTycoon" rel="noopener noreferrer nofollow">@_TallGuyTycoon</a>) highlighted this accumulation as a strategic move, speculating that these whales “know something.” Historical trends support this hypothesis, as prior whale-buying sprees preceded massive price surges, such as the November rally that pushed XRP to $1.62.
Whales' actions suggest confidence in <a href="https://cryptoticker.io/en/prediction/xrp-price-prediction/" rel="noopener noreferrer nofollow">XRP’s long-term potential</a>, even as prices recently dipped to $1.29. These movements align with technical patterns that analysts believe signal an impending breakout.
<figure class="image"><img style="aspect-ratio:1485/770;" src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/By_Trading_View_XRPUSD_2024_11_27_1_D_d00ab4bc13.png" alt="By TradingView - XRPUSD_2024-11-27 (1D)" width="1485" height="770">
 <figcaption><a href="https://www.tradingview.com/symbols/XRPUSD/?aff_id=127958" rel="noopener noreferrer nofollow">By TradingView - XRPUSD_2024-11-27 (1D)</a>
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<h3 id="strong-ripple-sec-lawsuit-updates-strong">Ripple SEC Lawsuit Updates</h3>
Ripple SEC lawsuit updates remain a significant factor influencing <a href="https://cryptoticker.io/en/prediction/xrp-price-prediction/" rel="noopener noreferrer nofollow">XRP price prediction</a>. In the latest XRP news today, the former CFTC Chairman Chris Giancarlo predicts the <a href="https://cryptoticker.io/en/xrp-price-surges-sec-chair-resignation/" rel="noopener noreferrer nofollow">SEC may drop its case following leadership changes</a> under the Trump administration.
The trial court’s ruling earlier this year determined that <a href="https://cryptoticker.io/en/sec-retracts-crypto-token-security/" rel="noopener noreferrer nofollow">XRP itself is not a security</a>, although institutional sales were classified as such. Both Ripple and the SEC have filed appeals, with the SEC’s appeal brief scheduled for January 2025.
Should the SEC appoint a pro-crypto chairperson, as speculated, the case could end in dismissal or settlement. Legal clarity would likely have a <a href="https://cryptoticker.io/en/xrp-price-prediction-before-us-elections-sec-lawsuit-effect/" rel="noopener noreferrer nofollow">bullish impact on XRP</a>, as it removes a major overhang for the asset.
<h2 id="strong-2-xrp-price-prediction-what-to-expect-strong">2- XRP Price Prediction: What to Expect?</h2>
<h3 id="strong-is-xrp-price-consolidating-strong">Is XRP Price Consolidating?</h3>
The recent <a href="https://www.tradingview.com/symbols/XRPUSD/?aff_id=127958" rel="noopener noreferrer nofollow">XRP price</a> movements reflect both challenges and opportunities:
<ul>
 <li>The MACD shows decreasing bullish momentum, indicating caution near resistance levels.</li>
 <li>The RSI remains neutral, suggesting potential for both upward and downward movements.</li>
 <li>XRP Whale activity and bullish technical patterns point to a favorable long-term outlook.</li>
</ul>
<figure class="image"><img style="aspect-ratio:1485/770;" src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/By_Trading_View_XRPUSD_2024_11_27_1_M_6fd8b16f0c.png" alt="By TradingView - XRPUSD_2024-11-27 (1M)" width="1485" height="770">
 <figcaption><a href="https://www.tradingview.com/symbols/XRPUSD/?aff_id=127958" rel="noopener noreferrer nofollow">By TradingView - XRPUSD_2024-11-27 (1M)</a>
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With <a href="https://cryptoticker.io/en/xrp-breaks-1-50-gary-gensler-resigns/" rel="noopener noreferrer nofollow">XRP price consolidating at $1.43 and maintaining strong support levels</a>, market analysts anticipate an XRP potential breakout toward $1.62 and beyond. Combined with the Ripple-SEC lawsuit updates and robust XRP whale accumulation, the trajectory of the XRP price remains one to watch closely.
<h3 id="strong-what-is-xrp-potential-breakout-strong">What is XRP Potential Breakout?</h3>
As the <a href="https://www.tradingview.com/symbols/XRPUSD/?aff_id=127958" rel="noopener noreferrer nofollow">current XRP price</a> consolidating between $1.30 and $1.45 seems to push the chances of an XRP potential breakout, it seems supported by technical indicators:
<ul>
 <li>Support Levels: $1.30 and $1.32 provide a solid cushion, with additional support at $1.28.</li>
 <li>Resistance Levels: Immediate resistance lies at $1.45, with major levels at $1.55 and $1.62.</li>
</ul>
Analysts note the formation of a symmetrical triangle, a pattern often preceding explosive price moves. Crypto Scofield, a leading analyst, suggests that <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">XRP price</a> is nearing a breakout point, supported by candlestick patterns like the dragonfly doji.
<figure class="image"><img style="aspect-ratio:1485/770;" src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/By_Trading_View_XRPUSD_2024_11_27_YTD_49862f15c1.png" alt="By TradingView - XRPUSD_2024-11-27 (YTD)" width="1485" height="770">
 <figcaption><a href="https://www.tradingview.com/symbols/XRPUSD/?aff_id=127958" rel="noopener noreferrer nofollow">By TradingView - XRPUSD_2024-11-27 (YTD)</a>
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Meanwhile, long-term wave analysis by <a href="https://x.com/ChartingGuy" rel="noopener noreferrer nofollow">@ChartingGuy</a> projects XRP reaching $3.80–$4.20 in wave 5 of 3. Following a macro wave 4 correction, XRP could eventually hit $8–$13 by 2025.

XRP Price Prediction amid MAJOR XRP News Today - What to Expect?

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