The spot exchange-traded funds tracking the performance of the second-largest altcoins managed to close the week in the green for the first time in March, but the actual numbers were far from impressive. Meanwhile, the underlying asset attempted a notable breakout during the week, only to be rejected and driven south toward its starting position. […]
Alongside the rest of the crypto market, Ripple’s cross-border token tried to break out in the middle of the business week, surging to a monthly peak of over $1.60. However, the subsequent rejection pushed it south to under $1.50 as of press time. Even the most recent developments on the Ripple adoption and partnership front […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum continues to hold well above the $2,000 support level and closed the week in the green with a 1% gain. Even if this is small, it shows sellers no longer have control over the price, being unable to […]
XRP failed to break above $1.40 on Wednesday despite early-week optimism about a potential resolution to the Iran conflict. At the same time, derivatives data suggest speculative activity in the market has been cooling. Open interest in XRP derivatives has declined sharply across major trading platforms after a period of strong speculative activity that accompanied […]
Alongside Bitcoin, major altcoins posted minor recovery as optimism surrounding a potential ceasefire in the Iran conflict supported risk assets. XRP, for one, climbed by 4% on Tuesday. The appreciation, however, comes at a time when fewer XRP users are interacting with exchanges. Market Interest Cools On-chain analytics shared by CryptoQuant shows that the number […]
XRP continues to trade under pressure on both its USDT and BTC pairs, with the broader structure still favoring sellers despite some short-term stabilization near key support levels. The charts suggest that buyers are trying to defend important demand zones, but the token still needs a convincing breakout above major moving averages and overhead resistance […]
Ripple’s XRP has registered a minor uptick over the past week, coinciding with the broader cryptocurrency market’s revival. However, some analysts believe its price may decline sharply in the near future and even fall below the psychological $1 level. New Pullback Ahead? Earlier this week, XRP tried to reclaim the $1.50 mark but failed and […]
XRP funding rates on Binance turned negative this week, hitting levels that have historically preceded short-term price rebounds. The setup suggests crowded short positioning may have created conditions for a corrective rally, though analysts caution this does not guarantee a lasting trend reversal without a broader market catalyst. Derivatives Data Flashes Contrarian Signal Data from […]
XRP is attempting to push above the 200 EMA and the $1.55 level, a move that market analyst EGRAG CRYPTO says would signal short-term strength if confirmed with a weekly close. Despite the attempted rally, the token remains trapped inside a descending channel that has defined its price action for months, leaving the broader trend […]
Although they have ended the underwhelming zero-inflow-day streak, the spot XRP ETFs are still far away from their initial glory in terms of net inflows. At the same time, the underlying asset continues to fight with BNB for the fourth spot in the cryptocurrency market cap ranking, but it sits inches below a crucial resistance. […]