In a rather bearish environment for most exchange-traded funds tracking the largest cryptocurrencies, the funds behind XRP managed to maintain their green monthly streak. However, there are still two issues that deserve attention, as it’s not all good news. XRP ETFs Still in the Green The spot Bitcoin ETFs saw some major inflow days in […]
The cryptocurrency market appears set to end the business week deep in the red after the $6.3 billion Binance hack sent shockwaves through the entire sector. The leading digital assets Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) did not escape the pullback, with one popular analyst suggesting they could plunge even more before attractive buying […]
Ripple’s XRP is under renewed pressure after failing to break above the upper boundary of its short-term descending channel. Trading around $1.25, the token has slipped into a key Fibonacci support area, where the reaction over the coming sessions could decide whether the August recovery remains intact or gives way to a deeper retracement. Ripple […]
The XRP Ledger Foundation has added Flare Networks to its recommended validator list, recognizing the project’s role in the network’s infrastructure. In a recent post on X, the Foundation said Flare aligns with the XRP Ledger’s core values and actively participates in its governance. It also acknowledged the project’s contributions to the wider ecosystem. What […]
XRP whales have held the largest share of the token’s supply since November 2022. Wallets holding at least 10 million XRP now control 46.87 billion tokens, or around 68.5% of the total supply. The increase comes as the price struggles near $1.3. According to Santiment, this shows that large holders continue to accumulate despite the […]
After a brief deviation in which the spot XRP ETFs joined the broader crypto trend with more outflows than inflows, the trend has flipped once again, with the funds flashing green again. Unfortunately for the SOL fans, the landscape around the altcoin is rather different, as the Solana ETFs just recorded their third consecutive week […]
XRP’s latest rebound has sharply reversed, pushing the price back toward $1.28 and a key demand zone. The rejection from descending resistance keeps the bearish structure intact, with buyers needing a stronger response to prevent another leg lower. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP remains within a descending channel following […]
XRP closed last week’s candle beneath its 20-week moving average, and analyst ChartNerd says in a video on X that a pullback toward $1 is now a live possibility. A retest there could build a double bottom, an outcome the analyst compares to 2022, though a reclaim of $1.33 would weaken the case. XRP Needs […]
The crypto market is back in the green on Wednesday, as several major assets have posted gains. According to Santiment, XRP and Dogecoin are showing potential buying opportunities. Historically Favorable Zones The latest 365-day Market Value to Realized Value (MVRV) data puts DOGE at around 0.74, which suggests that holders who bought over the past […]
XRP is attempting a recovery after buyers defended the $1.25-$1.30 demand zone earlier this week. Now trading around $1.36, the asset is approaching the upper boundary of its short-term descending channel. This level could decide whether the rebound develops into a broader recovery or fades into another lower high. XRP Price Analysis: The USDT Pair […]