XRP News Today: XRP Climbs 42% as Ripplecoin Launches No-Cost Mining Strategy for Passive Income

XRP has recently entered a crucial phase of price development, drawing attention as it hovers near key technical resistance levels. Over the past month, the token has seen a 42% increase, with analysts highlighting $3.97 as a critical threshold for further momentum. A successful breakout could push the price toward $4.66, according to technical indicators currently showing a balanced RSI (49.46) and MACD, suggesting moderate bullish potential [1]. A break above $3.18 is seen as a pivotal pivot point, signaling the start of a stronger upward trend [1].

In response to this evolving market environment, Ripplecoin Mining, a UK-based regulated cloud mining platform, has launched a “Free Start” mining strategy designed to allow users to generate daily passive income from XRP and other major cryptocurrencies with no initial investment or technical expertise [1]. The platform uses an AI-powered scheduling engine to allocate computing resources globally, optimizing efficiency and ease of use. It supports XRP, BTC, ETH, DOGE, and USDT, with real-time conversions and daily payouts that can be withdrawn or reinvested [1].

New users are offered a $15 hashrate bonus upon registration, enabling immediate participation. The platform provides a range of cloud computing contracts with varying durations and return rates, with some contracts offering up to $387 in daily earnings over a 30-day period [1]. The entire process requires only three steps: account registration, depositing a minimum of 35 XRP, and selecting a contract. This streamlined approach aims to lower the barrier to entry for a broader audience and encourage long-term participation [1].

Ripplecoin Mining’s Chief Operating Officer emphasized the platform’s goal to help XRP holders convert price volatility into stable returns without requiring trading experience or exposing them to market swings [1]. The platform, which operates in over 180 countries and serves 9.5 million users globally, plans to expand its offerings by introducing combined contracts and ETH mining options in the near future [1].

The timing of this initiative coincides with a broader market downturn for XRP, which recently fell over 6% due to macroeconomic and geopolitical pressures. The U.S. Federal Reserve’s decision to hold interest rates, coupled with rising trade tensions and global tariffs, has dampened investor sentiment and triggered a wave of profit-taking and leveraged liquidations [2]. Additionally, the uncertainty surrounding the approval of an XRP spot ETF has contributed to cautious behavior among investors [2].

Despite these challenges, Ripplecoin Mining’s AI-driven, no-entry-fee model presents an innovative way to engage with the XRP market, potentially offering a buffer against volatility for new participants [3]. However, it is important to note that while the platform’s structure is designed to simplify access, it does not eliminate the inherent risks of cryptocurrency investment [1].

As the market continues to navigate these pressures, the introduction of passive income strategies like Ripplecoin Mining’s may help attract a more diverse and resilient investor base. The coming weeks will be key to determining whether XRP can stabilize and resume its upward trajectory.

Source:

[1] Times, [https://timestabloid.com/xrp-enters-a-critical-period-of-technological-breakthrough-and-ripplecoin/](https://timestabloid.com/xrp-enters-a-critical-period-of-technological-breakthrough-and-ripplecoin/)

[2] Times, [https://timestabloid.com/major-reasons-why-xrp-is-down-today/](https://timestabloid.com/major-reasons-why-xrp-is-down-today/)

[3] Binary News Network, [https://www.openpr.com/news/archive/273033/Binary-News-Network.html](https://www.openpr.com/news/archive/273033/Binary-News-Network.html)