XRP, VeChain, and WAVES Price Analysis: 24 May

As Bitcoin glided near its high liquidity range in the four-hour timeframe for the last 12 days, the market abstained from high volatility. The broader sentiment still lurked around the ‘extreme fear' zone.

Timeline of Vechain, Waves, Xrp

In an order to initiate the native non fungilbe token (NFT) functionality to the Ripple's XRP Ledger (XRPL), the validators have finally voted in. The Ripple will be upgrading its servers for the implementation of the protocol.

Ripple Labs is announcing a $100 million investment fund that will see carbon credit non-fungible tokens (NFTs) come to the XRP Ledger. According to a new press release, Ripple's new initiative aims to expedite carbon removal activities and technologies as well as help streamline carbon-focused fintech and crypto projects. “The funding will continue to support The post XRP Ledger To See Carbon Credit NFTs With Ripple's New $100,000,000 Investment Fund appeared first on The Daily Hodl.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since the formation of evening star candlesticks from its mid-April highs near the $0.79-level, XRP witnessed massive sell-offs.

The SEC has been chastised by Ripple general counsel Stuart Alderoty for its “hypocrisy.” Alderoty attacks the regulator in another case before the Ripple one, claiming that its “hypocrisy was staggering.” #XRPCommunity #XRP Read this from @s_alderoty about SEC hypocrisy ?? https://t.co/a0pOTf3FHz— James K. Filan ????96k+ (beware of imposters) (@FilanLaw) May 20, 2022 Previously, the …

Ripple price analysis is bearish today as we have seen another test of the $0.40 support and consolidation ever since. Therefore, XRP/USD is still to post another test of upside towards the $0.44 mark.

Ripple XRP falls below $0.43 with the bears taking control of the market after a huge slump in the past week. The price managed to regain its stance in the long run but the bulls are moving the bears in the current market momentum so let's read more today in our latest Ripple news.

The lawsuit between American regulators (SEC) and the San Francisco-based fintech firm Ripple continues to see new developments. Ergo, it is perhaps no surprise that holders of XRP have grown impatient given the dynamics and volatility of the cryptocurrency space.

San Francisco-based FinTech firm Ripple has announced a $100 million commitment to “scale and strengthen” global carbon markets.  According to Ripple's press release, this funding will “accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon removal companies and climate-focused fintechs.” Also, Ripple will “build a portfolio of additive, long-term, nature

Blockchain protocol and networks have been mostly called out for their negative role in environmental degradation and unsustainability. However, several blockchain networks, like Ripple, have moved to contribute toward sustainability measures.

Ripple price analysis is bullish today as we expect another attempt to move higher from the $0.40 support. Therefore, XRP/USD should head back to the $0.44 local high and attempt to break through, which would be a signal that more upside is to follow next week.