AI Crypto

The XRP price dropped 1% in the last 24 hours <a href="https://www.geckoterminal.com/bsc/pools/0xd15b00e81f98a7db25f1dc1ba6e983a4316c4cac" rel="noopener noreferrer nofollow">to trade at $0.5223</a> as of 02:57 a.m. EST on trading volume that skyrocketed 104% to $2.2 billion.
This comes despite there being speculation over whether an XRP ETF (exchange-traded fund) might be next after the U.S. Securities and Exchange Commission (SEC) <a href="https://insidebitcoins.com/news/sec-approves-ethereum-etfs-in-landmark-breakthrough-for-crypto-eth-price-nears-4000" rel="noopener noreferrer nofollow">approved eight spot Ethereum ETFs yesterday</a>.
Ripple’s CEO, Brad Garlinghouse, said in February that a <a href="https://insidebitcoins.com/news/xrp-price-prediction-as-ripple-ceo-brad-garlinghouse-says-an-xrp-etf-makes-sense-analysts-predict-this-bitcoin-derivative-might-100x" rel="noopener noreferrer nofollow">spot XRP ETF ”simply makes sense.”</a>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Ripple CEO Brad Garlinghouse has expressed optimism about an XRP ETF, stating he would 'certainly welcome' it.
 Is an <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> ETF next in line? 🤔<a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ripple</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://twitter.com/bgarlinghouse?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@bgarlinghouse</a> <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Ripple</a> <a href="https://t.co/ed25Vc0G2e" rel="noopener noreferrer nofollow">pic.twitter.com/ed25Vc0G2e</a>
 — TheNewsCrypto (@The_NewsCrypto) <a href="https://twitter.com/The_NewsCrypto/status/1760191047357837592?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 21, 2024</a>
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He called this week’s events momentous for the crypto community, and said the ETH ETF approvals and the passing of the FIT21 crypto bill ”feels like hell has frozen over!!”
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Big momentum in crypto this week – ETH ETF passed and bipartisan support on crypto legislation…
 Feels like hell has frozen over!! 🥶 <a href="https://t.co/70T0qLt1FH" rel="noopener noreferrer nofollow">https://t.co/70T0qLt1FH</a>
 — Brad Garlinghouse (@bgarlinghouse) <a href="https://twitter.com/bgarlinghouse/status/1793796467800310151?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 24, 2024</a>
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Despite a bullish uptick last week, the XRP price has been on a downtrend, but still trades within the consolidation channel, between $0.55 and $0.50, data from <a href="https://www.geckoterminal.com/bsc/pools/0xd15b00e81f98a7db25f1dc1ba6e983a4316c4cac" rel="noopener noreferrer nofollow">GeckoTerminal</a> shows.
<h2 id="strong-xrp-price-set-to-soar-over-the-consolidation-channel-strong">XRP Price Set To Soar Over The Consolidation Channel</h2>
<figure id="attachment_525038" aria-describedby="caption-attachment-525038" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-525038" src="https://insidebitcoins.com/wp-content/uploads/2024/05/XRP_2024-05-24_10-57-22.png" alt="XRPUSD price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/XRP_2024-05-24_10-57-22.png 1113w, https://insidebitcoins.com/wp-content/uploads/2024/05/XRP_2024-05-24_10-57-22-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/XRP_2024-05-24_10-57-22-1024x449.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/XRP_2024-05-24_10-57-22-768x337.png 768w" sizes="(max-width: 1113px) 100vw, 1113px">
 <figcaption id="caption-attachment-525038" class="wp-caption-text">
 XRPUSD Chart Analysis Source: GeckoTerminal.com
 </figcaption>
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XRP trades above the 200-day Simple Moving Average (SMA), an indication that XRP could soar in the long term. The 200-day SMA also acts as a support level, encouraging the bulls to win the struggle, which may push XRP beyond the 50-day SMA at $0.5251.
The Relative Strength Index (RSI) currently coincides with the current retrace, as the RSI nosedives from the 70-overbought region to 44 and continues to move down, hurtling towards the 30-oversold level.
<h2 id="strong-xrp-price-prediction-strong">XRP Price Prediction</h2>
The XRP price analysis on the 4-hour chart shows that XRP is currently on a downtrend, trading below the critical resistance zone at $0.549. Moreover, the 50-day SMA trades below the 200-day SMA, forming a death cross around $0.52.
However, the bulls remain resilient within the consolidation channel, which may lead to a rally towards a breakout above, as the bulls target $0.65.
If the bears continue exerting more pressure, XRP could breach the lower boundary of the consolidation channel, as the bulls retreat to the support level of around $0.47.
Meanwhile, as the XRP bulls aim for a breakout, some investors are turning to the WienerAI token, $WAI. The token is set to emulate other dog-themed tokens like SHIB and DOGE as it leverages its AI capabilities.
<h2 id="strong-wienerai-presale-blasts-past-2-5-million-best-ai-trading-bot-meme-coin-companion-to-buy-strong">WienerAI Presale Blasts Past $2.5 Million – Best AI Trading Bot Meme Coin Companion To Buy</h2>
Investors are piling into <a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">WienerAI (WAI)</a> by the minute, with the crypto sector’s cybernetic sausage dog sensation already garnering over $2.5 million in presale, as it hurtles towards the $3 million interim target.
The project combines two of the hottest niches in crypto: AI and meme coins.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Don't be left out in the cold.
 GET IT WHILE IT'S HOT
 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 <a href="https://t.co/I69IUJanLC" rel="noopener noreferrer nofollow">pic.twitter.com/I69IUJanLC</a>
 — WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1788323681237967244?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 8, 2024</a>
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Aiming to provide a unique level of utility not typically seen in other meme coins, WienerAI features an advanced AI trading bot that provides investors with a smart, user-friendly, on-chain assistant to enhance their trading experience.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 WienerAI is more than a trading bot
 It's your AI trading companion!
 More details coming SOON! <a href="https://t.co/HG5C0tE6Rk" rel="noopener noreferrer nofollow">pic.twitter.com/HG5C0tE6Rk</a>
 — WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1790517543469535307?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 14, 2024</a>
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WienerAI is set to follow in the footsteps of another successful recent token launch, canine meme coin, and AI security token Scotty the AI ($SCOTTY), which netted close to $10 million in a recent presale.
$WAI holders can also earn passively through <a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">the project’s staking function</a>, which provides an annual percentage yield (APY) of 366%.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 CONGRATS!
 WEENIES ARE BEING STAKED AND STACKED AT RECORD SPEED!
 Get yours here: <a href="https://t.co/k7IFimoTWr" rel="noopener noreferrer nofollow">https://t.co/k7IFimoTWr</a>
 🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖🌭🤖 <a href="https://t.co/WCVGZRODer" rel="noopener noreferrer nofollow">pic.twitter.com/WCVGZRODer</a>
 — WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1789262141981364333?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 11, 2024</a>
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According to Crypto Boy, a prominent crypto analyst on YouTube with more than 40K subscribers, $WAI has the potential to soar 100X after launch.
<iframe title="This AI can give 100X Return | Wiener AI Presale is Live | AI Presale Season Starts" width="640" height="360" src="https://www.youtube.com/embed/5EAbluxUP18?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>
If you are interested in participating in the presale, you can buy the token for $0.00071. But hurry as the price will increase in less than two days.
<a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">You can buy WAI tokens on the official website here</a> using ETH, BNB, USDT, or a bank card.
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XRP Price Prediction: Ripple Token Slumps As Analysts Ask If An XRP ETF Is Next, And This AI Meme Coin Might Be The Best Crypto To Buy Now

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