The cryptocurrency market experienced a substantial revival on Monday, with numerous assets posting impressive gains, including DOGE and XRP. However, the tides have turned, perhaps expectedly after such a rally, and both assets have flashed red now. Moreover, there are some worrying signs about further corrections. XRP outperformed the rest of the larger-cap alts during […]
Ripple’s native token has defied the overall market-wide sluggishness with an impressive 5% increase to an 11-day high of over $2.56. This particular surge comes in a rather unexpected moment since whales have continued to sell off significant portions of their XRP holdings, disposing of another 70 million tokens in just two days, according to […]
XRP is trading around $2.41, up slightly over the past 24 hours. While the price remains within a defined range, recent signals from several market watchers suggest a possible shift in direction. However, the likelihood of a correction appears firmer at the moment. Technical Setup Suggests Room for Upside XRP continues to move within an […]
Ripple’s (XRP) rebound above $2.5 just days after dropping below $1.90 was rather short-lived as it currently trades near $2.4. Data now suggests massive whale movements toward Binance confirm profit-taking and panic-selling patterns. XRP Holders Unload Their Bags Since the start of October, XRP whales have shown a notable change in behavior amidst growing selling […]
Evernorth Holdings Inc., a newly formed Nevada corporation that aims to enable institutional adoption of Ripple (XRP), has officially launched and entered a business combination agreement with Armada Acquisition Corp II, a publicly traded special purpose acquisition company (SPAC). The company said it will combine public market access with an active treasury model to offer […]
The cryptocurrency market was crushed in the past week or so, and Ripple’s native token is no exception. Even if we remove the black swan flash crash that took it below $1 on some exchanges last Friday, the asset’s price performance has been quite painful and is about to close the week with another double-digit […]
Ripple (XRP) suffered a 6% decline over the past day, and traders are now questioning whether the worst is over or if one more leg down is still on the cards. Data suggest that this pause aligns with the classic Elliott Wave Theory (EWT) pattern, where extreme moves are often followed by a Wave 4 […]
The broader cryptocurrency market saw its worst deleveraging events in history throughout the past 24 hours. Ripple’s XRP didn’t go unscathed. In fact, it was one of the altcoins that painted massive red wicks, dropping to as low as $1.2 on the Binance perpetual contracts charts. That’s a 60% drawdown, which, not surprisingly, had a […]
Ripple (XRP) climbed to $3.10 last week, but a wave of profit-taking erased the gains and pushed it back to $2.80. But the crypto asset is showing powerful breakout signals, with key Fibonacci supports holding firm. Crypto analyst CasiTrades believes XRP may be on the verge of a major breakout, citing strong technical signals and […]
Bitcoin attracted record-breaking inflows of $3.55 billion last week, even as its price neared historic highs and investors avoided short products. Across the broader digital asset market, investment inflows totaled $5.95 billion, which is the largest weekly inflows ever recorded. CoinShares believes this surge indicates a delayed reaction to the FOMC’s interest rate reduction, coupled […]