Ripple’s cross-border token has declined by nearly 7% over the past week, yet numerous analysts remain optimistic that a renewed uptrend could be on the horizon. Many believe the price could shift into an “up-only” phase from here, while others expect a substantial pullback before any major increase. ‘Breakout Confirmed’ As of press time, XRP […]
With the eighth month of the year almost behind us, it’s worth exploring what really took place as it turned out to be among the most eventful ones, especially when it comes to price pumps. Ripple’s XRP was no exception as it rode the mid-month wave hard, surging from $1.00 to $1.70 within days before […]
Ripple’s native token is among the most popular cryptocurrencies, often being the object of massive price predictions. Impressive rallies like the one that took place in the past 10 days or so only fuel such forecasts. Popular analyst EGRAG CRYPTO approached the question from a different direction. Instead of starting with an XRP price target […]
XRP briefly surged past $1.7 before stabilizing near $1.4. While the token appears to have hit a wall after a massive rally, whale withdrawals from Binance have surged to their highest level in six months. According to the latest findings by CryptoQuant analyst Darkfost, more than 231 million XRP have moved off the exchange by […]
XRP has flipped the script this week, emerging as one of the market’s strongest performers after weeks of lackluster performance. The crypto asset briefly tapped $1.76 before stabilizing near $1.50. A sharp rise in network participation has now added fresh weight to the rally. Higher Levels Ali Martinez reported that active addresses climbed from 47,180 […]
Bitcoin’s price suddenly dipped to $75,500 after it failed to remain above $77,000 during the weekend. Most altcoins have followed suit, including the largest ones, which performed a lot better on Friday and Saturday. This volatility, untypical for the weekend, came amid reports that one of the most prominent market makers, Wintermute, had gone short […]
Most of July and August were highly dull trading periods for the entire cryptocurrency market, with little to no movement, a lack of actual interest, and missing volume. It all changed yesterday afternoon when the market was revived with major price rallies across all assets. Ripple’s XRP also exploded alongside its peers, but there could […]
XRP’s struggle near $1 continues even as its peers display modest gains this week. The crypto asset went down almost 10% over the past month before it rebounded significantly on Wednesday evening. Despite the weakness, much more XRP is being withdrawn than deposited across major platforms. Reserves Slide According to the latest analysis shared by […]
After several months of flirting with the psychological support level at $1.00, Ripple’s XRP finally dipped below it on a couple of occasions in the past week, which aligned with many analysts’ expectations for such a move before a major rebound. However, some of the same analysts have been publishing controversial opinions on where the […]
XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. Institutions Remain Unfazed […]