XRP spot trading activity has plunged sharply in recent weeks, even as futures trading takes on a larger role. Data compiled by CryptoQuant shows that combined spot volume across centralized exchanges fell by $1.943 billion between August 26 and October 11. Binance accounted for $429 million of that decline, after its seven-day average spot volume […]
October 12 is shaping up as an important day for Ripple’s cross-border token as Evernorth begins trading on Nasdaq with a treasury of roughly 473 million tokens. Meanwhile, analysts are watching whether the asset can stabilize around $1.40 and reclaim the next key level at $1.50 before it can aim at even higher targets. 473M […]
Most major cryptocurrencies tanked over the past several days, led by bitcoin’s nosedive from $87,000 to under $81,000, which became its lowest price tag in well over two weeks. Large altcoins such as XRP and ETH were not spared, with the former posting a double-digit decline over the past seven-day period. The question now is […]
XRP is attempting to stabilize after a sharp correction from its September highs, with the price currently trading around $1.40. While buyers have managed to trigger a rebound from the $1.30 support area, the broader technical picture remains mixed. XRP needs to claim nearby resistance to continue the recovery, while another rejection could expose lower […]
Only a few days ago, the native cryptocurrency of Ripple traded high, with analysts speculating about its chances of taking down the first major resistance level at $1.51-$1.53 before heading toward the next at over $1.60. Instead, the bears reemerged, drove the entire market down, and XRP slumped below $1.35 before it found some support. […]
XRP is still stuck in a narrow range of around $1.46-$1.56, but an analyst has said that the compression may be about to break into a bigger move. If the token can break out and hold its resistance, the analyst predicts a bullish path to $1.80-$2, but if it dumps below support, it could drop […]
XRP transfers to Binance have increased sharply, raising questions about possible selling pressure in the short term. According to CryptoQuant’s latest findings, around 1.6 billion tokens flowed into the exchange over the past 30 days. This is the highest 30-day inflow recorded since March. Inflows Rise, as Futures Stay Strong Large amounts of XRP moving […]
Popular analyst Ali Martinez outlined the altcoins poised for a breakout as early as this week: Ripple’s XRP, Quant (QNT), and Injective (INJ). His comments came shortly after BTC and most alts were rejected from their Monday peaks and before their correction deepened. Three Alts Going Wild This Week? Martinez began with Ripple’s cross-border token, […]
XRP is consolidating after a sharp recovery from the $1.00 area, with price now holding well above the major support zones visible on the daily chart. The broader structure has improved, although the 4-hour chart shows that XRP is still trading beneath a descending trendline and remains capped by the $1.60-$1.70 resistance region. XRP Price […]
Data from CryptoQuant shows that daily XRP outflows from exchange transactions of 1 million tokens or more have spiked above 320 million. What makes this information particularly noteworthy, as mentioned by analyst Xaif Crypto, is that the last jump of that size, which came in August, saw the price of XRP climb more than 42%. […]