It was a packed week for Ripple and XRP, with Evernorth making its long-anticipated Nasdaq debut after a major merger, Standard Chartered and Cross River expanding RLUSD access, and Ripple Prime pushing further into Wall Street. None of those developments helped the company’s native asset mark any gains – just the opposite. Wall Street and […]
Ripple’s native token suffered in the past few weeks, dumping below $1.30 on Thursday for the first time in a while. Although it has recovered some ground, its weakness around the $1.33 line continues to look discouraging. However, popular analyst EGRAG CRYPTO argued that the choppy price action resembles previous long-term bottoming formations that could […]
Crypto markets came under fresh pressure on Thursday morning. XRP was caught in the sell-off as it briefly slipped below $1.3 before clawing its way back above that level. Fresh data suggests that woes for the crypto asset may not be over in the short term, but the broader picture remains strong. Possible Bottom? XRP […]
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 […]